Dalmia Bharat Q1 FY26 Earnings: EBITDA at ₹883 Cr, Capacity Expansion Plans Unveiled
The announcement details significant capacity expansion plans and financial performance, which are likely to have a high impact on the company's future prospects and market position.
The announcement highlights strong EBITDA performance, capacity expansion plans, and a positive outlook on pricing, indicating a positive sentiment.
* Dalmia Bharat reported its highest ever EBITDA of ₹883 crore in Q1 FY26. * Sales volumes de-grew by 6% Y-o-Y to 7 million tons, but revenues remained flattish at ₹3,636 crore. * The company is expanding capacity with a focus on becoming a pan-India player: * A 3.6 million ton per annum clinker unit in Belgaum, along with a 3 million ton per annum grinding unit at the existing Belgaum plant, coupled with new 3 million tons greenfield grinding unit in Pune. * Board approved investment of 3.6 million tons per annum clinker unit with a 6 million tons per annum grinding unit at the existing Kadapa plant, supported by 3 million tons per annum bulk terminal in Chennai at an estimated capex of INR3,287 crores. * Evaluating additional 2 million to 2.5 million tons per annum of grinding capacity in the Northeast region. * Working on finalizing a new 6 million tons per annum greenfield expansion in Jaisalmer to access the North India market. * These expansions would take the company's total cement capacity to around 63.5 million to 64 million tons per annum by FY28. * The company is also bidding for the acquisition of Jaiprakash Associates. * The company aims to reduce costs by ₹150 to ₹200 per ton over the next two years. * Gross debt at the end of the quarter stood at ₹6,456 crore, while net debt was at ₹873 crore. * Management Comments: Puneet Dalmia, MD & CEO, stated the company is going all out to develop the projects and is creating a state of readiness for capital expansion. The company is also developing projects for the next phase, which will take it to 100 million plus by FY31.
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Dalmia Bharat Limited filed this with the NSE as a statutory disclosure, categorised under results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Dalmia Bharat Limited. Read the original for the full detail.