Dalmia Bharat share price
NSE: DALBHARATBSE: 542216Cement & Cement ProductsMid Cap
Formerly Odisha Cement
Last close ₹1,591.30down ₹29.30 (1.81%)BSE ₹1,595.05
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,620.60.
52-week range of traded prices to 23 Oct 2026
₹1,580.00Low, 12 Oct 2026₹2,260.00High, 22 Jan 2026
- Next results date: the board meets on 26 Oct 2026 to consider: financial results, dividend and other business matters.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹29,847 Cr239th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 32.0
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹225 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 25.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 Apr 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.57%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 5.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹225 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 6.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 6.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 Apr 2026
- 0.37
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 35,18041.8% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 24 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,890 Crdown 8.36%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹192 Crdown 51.27%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 4.9%
Revenue by year
Peak revenue ₹14,804 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 21 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 22 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 28 Apr | Jun 2026Filed 24 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,087 | 3,181 | 4,091 | 3,636 | 3,417 | 3,506 | 4,245 | 3,890 |
| Net profit | 49 | 66 | 439 | 395 | 239 | 128 | 394 | 192 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 1.6% | 2.1% | 10.7% | 10.9% | 7.0% | 3.7% | 9.3% | 4.9% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Cement and Cement related products, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 5% of 1,049 trading days over the last 5 years.
LowestHighest
Its median34.3Industry median27.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 19% of 1,849 trading days since May 2019.
LowestHighest
Its median2.1Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.12.1
At or below today's level on 23% of 1,740 trading days since Oct 2019.
LowestHighest
Its median14.4Industry median14.0
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 91% of 1,910 trading days since Feb 2019.
LowestHighest
Its median0.43%Industry median0.65%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.8% | +66.7% | −41.4% | 0.5% |
| 3 years | −2.8% | +3.2% | −6.3% | 0.5% |
| 5 years | +2.8% | −1.5% | +3.9% | 0.5% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2025.
Mutual funds holding it
97 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 62 of the 70 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 36
- CutCut. Funds that held fewer shares than at the end of the month before.
- 34
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 26
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 Kotak Mid Cap FundKotak Mahindra Mutual Fund | 46,46,228 | 1.17% | ₹782.3 Cr |
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 46,14,030 | 1.81% | ₹776.9 Cr |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 29,43,408 | 2.54% | ₹495.6 Cr |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 27,00,000 | 0.86% | ₹454.6 Cr |
 SBI Midcap FundSBI Mutual Fund | 23,00,000 | 1.66% | ₹387.3 Cr |
| Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 22,25,000 | 1.23% | ₹374.6 Cr |
 Nippon India Growth Mid Cap FundNippon India Mutual Fund | 17,30,000 | 0.58% | ₹291.3 Cr |
| SBI Multicap FundSBI Mutual Fund | 17,11,126 | 1.23% | ₹288.1 Cr |
| Kotak Multi Cap FundKotak Mahindra Mutual Fund | 14,86,546 | 0.83% | ₹250.3 Cr |
| Mirae Asset Multicap FundMirae Asset Mutual Fund | 6,75,710 | 2.12% | ₹113.8 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Cement & Cement Products, 40 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Dalmia Bharat in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Grasim IndustriesGRASIM | 1,96,960 | 34.6 | 1.9 | 15.8 | +20.5% | – | 5.7% | 4.7% | 0.35% |
 Ambuja CementsAMBUJACEM | 89,180 | – | 1.5 | 14.3 | +7.7% | – | – | 3.4% | 0.56% |
 Shree CementSHREECEM | 82,030 | 50.3 | 3.5 | 18.2 | +12.6% | +9.6% | 7.3% | 7.0% | 0.66% |
 JK CementJKCEMENT | 37,506 | 39.7 | 5.3 | 18.5 | +15.9% | −5.5% | 14.4% | 12.6% | 0.41% |
 ACCACC | 21,772 | 11.4 | 1.1 | 8.1 | +11.8% | −21.1% | 9.8% | 7.3% | 0.65% |
 The Ramco CementsRAMCOCEM | 17,471 | 27.1 | 2.2 | 15.7 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% |
 JSW CementJSWCEMENT | 15,949 | 21.0 | 2.4 | 16.1 | – | – | 11.6% | 8.2% | 0.43% |
 Nuvoco Vistas CorporationNUVOCO | 11,808 | 28.5 | 1.2 | 8.6 | +10.6% | +52.0% | 4.4% | 6.6% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹9.00 a share, in 5 years, the latest the year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 23 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 24 Oct 2025 | Interim | ₹4.00 |
| 23 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 25 Oct 2024 | Interim | ₹4.00 |
| 19 Jun 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 20 Oct 2023 | Interim | ₹4.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Analysts
Sep 2026
18 Sep · Meeting
17 Sep · Business
Aug 2026
Dalmia Bharat share price by year
Each calendar year to 2025.Dalmia Bharat share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,130.90 | +20.6% | 2,476.20 | 1,607.10 |
| 2024 | 1,767.25 | −22.3% | 2,390.70 | 1,686.35 |
| 2023 | 2,275.20 | +22.1% | 2,406.65 | 1,693.70 |
| 2022 | 1,862.80 | +0.8% | 2,066.70 | 1,237.75 |
| 2021 | 1,847.90 | +71.1% | 2,455.95 | 1,094.50 |
| 2020 | 1,079.75 | +34.9% | 1,181.25 | 408.90 |
| 2019 | 800.30 | −27.2% | 1,214.40 | 756.70 |
| 2018 | 1,099.85 | – | 1,130.05 | 1,073.55 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 21 Dec 2018.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,601.00 | 1,625.80 | 1,581.30 | 1,591.30 | 1,595.18 | 35,180 | 41.8% |
| 22 Oct 2026 | 1,606.70 | 1,625.00 | 1,597.00 | 1,620.60 | 1,614.44 | 57,618 | 48.4% |
| 21 Oct 2026 | 1,630.00 | 1,662.00 | 1,605.10 | 1,624.20 | 1,628.66 | 41,499 | 42.1% |
| 19 Oct 2026 | 1,669.00 | 1,690.80 | 1,611.00 | 1,622.60 | 1,651.62 | 45,206 | 40.7% |
| 16 Oct 2026 | 1,601.00 | 1,709.00 | 1,595.00 | 1,684.40 | 1,671.76 | 3,17,701 | 27.2% |
| 15 Oct 2026 | 1,625.00 | 1,644.60 | 1,607.80 | 1,610.00 | 1,620.87 | 23,195 | 51.3% |
| 14 Oct 2026 | 1,654.10 | 1,665.80 | 1,614.10 | 1,620.60 | 1,632.66 | 35,382 | 60.7% |
| 13 Oct 2026 | 1,621.80 | 1,665.00 | 1,616.10 | 1,654.10 | 1,641.05 | 28,174 | 43.8% |
| 12 Oct 2026 | 1,590.10 | 1,635.00 | 1,580.00 | 1,626.60 | 1,623.73 | 41,783 | 52.6% |
| 9 Oct 2026 | 1,600.90 | 1,615.70 | 1,591.90 | 1,598.60 | 1,598.70 | 21,444 | 41.9% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 22 Jan 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Each event is noted and not adjusted for.
About Dalmia Bharat
Dalmia Bharat Limited makes and sells cement in India. Its range covers Ordinary Portland Cement, Portland Pozzolana Cement, Portland Composite Cement and Portland Slag Cement. The cement is sold to retail buyers and to institutional projects, under retail brands that include Dalmia DSP Cement and Konark Cement. By installed capacity it is India's fourth-largest cement manufacturer.
The company runs 15 plants across 10 states, with a production capacity of 49.5 million tonnes a year. The plants are grouped into southern, eastern, north-eastern and western regions. Its head office is in New Delhi and its registered office is at Dalmiapuram in Tamil Nadu. In the year to March 2026 it commissioned a new clinker line at Umrongso in Assam, which supplies the clinker used to make cement.
The business traces back to the early 1930s, when Jaidayal Dalmia laid the foundation of the group's cement operations. The Dalmiapuram plant was commissioned in 1939. In the late 1940s the group set up a cement plant at Rajgangpur in Odisha. The present company was incorporated in 2013. In May 2026 it signed a Business Transfer Agreement with Jaiprakash Associates Limited to acquire a cement undertaking with plants at Rewa in Madhya Pradesh and at Churk, Chunar and Sadwa in Uttar Pradesh.
Dalmia Bharat is a company of the Dalmia Bharat Group. Its wholly owned subsidiary Dalmia Cement (Bharat) Limited is part of the same organisation.
- Legal name
- Dalmia Bharat Limited
- NSE symbol
- DALBHARAT
- BSE code
- 542216
- ISIN
- INE00R701025
- Industry
- Cement & Cement Products
- Listed
- Dec 2018
- Face value
- ₹2
- Former symbols
- OCLINDIA
- CIN
- L40109TN2006PLC058818
- Corporate identity number, the registrar of companies' code for it
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