Dalmia Bharat reports 60% YoY EBITDA growth in Q2 FY26, declares ₹4 interim dividend
Dalmia Bharat reported strong Q2 FY26 results with EBITDA up 60% to ₹696 crore. The company declared an interim dividend of ₹4 per share and progressed on capacity expansion, including trial runs for its Umrangso clinker unit.
The strong financial performance, combined with significant ongoing capacity expansion projects and a declared interim dividend, indicates robust business growth and a positive outlook for future operations and shareholder returns.
The company reported significant year-over-year growth in EBITDA (60%) and improved EBITDA/T, alongside increased NSR/T. The Net Debt/EBITDA also improved, indicating strong financial health and operational efficiency.
* Q2 FY26 Financial Performance (YoY) * Sales volume stood at 6.9 MnT. * EBITDA improved 60% to ₹696 crore. * EBITDA/T improved 56% to ₹1,013. * NSR/T increased by 7.6% to ₹4,973. * Net Debt/EBITDA stood at 0.56x as on September 30, 2025. * Declared an Interim Dividend of ₹4 per share. * H1 FY26 Financial Performance (YoY) * Sales volume declined 1.7% to 13.9 MnT. * Revenue increased 5.1% to ₹7,053 crore. * EBITDA increased 43.1% to ₹1,579 crore. * Expansion & Capex Update * Commenced Trial Run of Clinker Unit at Umrangso, Assam (3.6 MnT) in September 2025; commercial production expected by Q3 FY26 (by December 31, 2025). * Civil work at Belgaum expansion is in full swing (52% completed). * Ongoing brownfield and greenfield expansions include Pune, MH (+3.0 MnT), Kadapa, AP (+6.0 MnT), and a Bulk Terminal at Chennai, TN (+3.0 MnT). * ESG & Other Highlights * Share of Renewable energy increased to 48.1%; commissioned 93 MW of RE capacity, taking operational RE capacity to 387 MW. Expected to reach 576 MW by the end of FY26. * Introduced a Variable Pay structure for all senior and mid-level managers, linking compensation to company performance, individual contributions, and safety. * Maintained CO2 Emission at 474 kg/ton of cementitious material and Water Positivity at 23x for FY25.
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Dalmia Bharat Limited filed this with the NSE as a statutory disclosure, categorised under quarterly 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.