Dalmia Bharat shareholders and shareholding pattern
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
Who owns Dalmia Bharat, filing by filing
Per cent of the company's shares. Every filing on record, from Dec 2018; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters55.84%
- Foreign institutions7.42%
- Indian institutions18.91%
- Governments0.14%
- Individuals and others17.70%
- Employee trustsNone
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Governments
- Individuals and others
- Employee trusts
| Per cent | Dec 2018Filed 7 Feb | Mar 2019Filed 20 Apr | Jun 2019Filed 23 Aug | Sep 2019Filed 24 Oct | Dec 2019Filed 22 Jan | Mar 2020Filed 29 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 29 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 21 Jul | Sep 2021Filed 21 Oct | Dec 2021Filed 21 Jan | Mar 2022Filed 21 Apr | Jun 2022Filed 20 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 18 Jan | Mar 2023Filed 19 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 18 Oct | Dec 2023Filed 18 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 18 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 18 Apr | Jun 2025Filed 20 Jul | Sep 2025Filed 13 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74.89% | 54.26% | 54.26% | 54.26% | 54.26% | 54.28% | 55.81% | 56.07% | 56.07% | 55.97% | 55.97% | 55.97% | 55.97% | 55.90% | 55.90% | 55.87% | 55.86% | 55.86% | 55.86% | 55.85% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | |
| Indian promoters | 74.89% | 54.26% | 54.26% | 54.26% | 54.26% | 54.28% | 55.81% | 56.07% | 56.07% | 55.97% | 55.97% | 55.97% | 55.97% | 55.90% | 55.90% | 55.87% | 55.86% | 55.86% | 55.86% | 55.85% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 25.11% | 44.57% | 44.57% | 45.58% | 45.58% | 45.72% | 44.19% | 43.93% | 43.93% | 44.03% | 44.03% | 44.03% | 44.03% | 44.10% | 44.10% | 44.13% | 44.14% | 44.14% | 44.14% | 44.15% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% |
| Employee trusts | – | 1.17% | 1.17% | 0.16% | 0.16% | – | – | – | – | – | – | 0.00% | 0.00% | 0.00% | 0.00% | – | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – | – | 0.00% | – | 0.00% | 0.00% |
| Promoter shares pledgedShare of the promoters' own shares | 68.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 5,69,00,220 | 19,29,58,553 | 19,29,58,553 | 19,29,58,553 | 19,29,58,553 | 19,29,58,553 | 18,76,47,745 | 18,67,92,013 | 18,67,92,013 | 18,71,17,513 | 18,71,17,513 | 18,71,17,513 | 18,71,28,673 | 18,73,68,673 | 18,73,68,673 | 18,74,68,673 | 18,74,79,833 | 18,74,80,361 | 18,74,80,361 | 18,75,30,361 | 18,75,47,629 | 18,75,47,629 | 18,75,47,629 | 18,75,47,629 | 18,75,65,161 | 18,75,65,161 | 18,75,65,161 | 18,75,65,161 | 18,75,65,953 | 18,75,65,953 | 18,75,65,953 | 18,75,65,953 |
| Shares underlying depositary receipts | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | – | 0 | 0 | 585 | 585 | 1,005 | 0 | 0 | 0 | 0 | 0 | – | – | 0 | – | 0 | 0 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Dalmia Bharat promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Keshav Power Limited, 35.65%. The filing names 52 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| Keshav Power LimitedIndian companies, trusts and others | 35.65% | 6,68,67,720 |
| Sita Investment Company LimitedIndian companies, trusts and others | 7.40% | 1,38,88,260 |
| Rama Investment Company Private LimitedIndian companies, trusts and others | 5.48% | 1,02,85,563 |
| Dalmia Bharat Refractories LimitedIndian companies, trusts and others | 2.51% | 47,08,952 |
| Dalmia Bharat Sugar and Industries LimitedIndian companies, trusts and others | 1.70% | 31,97,578 |
| Kavita Dalmia Parivar TrustIndian companies, trusts and others | 1.38% | 25,91,493 |
| J.H. Dalmia TrustIndian companies, trusts and others | 1.38% | 25,91,495 |
| Mst. Priyang DalmiaIndividuals and Hindu undivided families | 0.19% | 3,59,710 |
| Alirox Abrasives LimitedIndian companies, trusts and others | 0.13% | 2,40,720 |
| Smt. Bela DalmiaIndividuals and Hindu undivided families | 0.00% | 30 |
| Shri Gautam DalmiaIndividuals and Hindu undivided families | 0.00% | 7 |
| Himgiri Commercial LimitedIndian companies, trusts and others | 0.00% | 10 |
No promoter shares are reported as pledged.
Largest public holders of Dalmia Bharat, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Dalmia Bharat
| Holder | Dec 2018Filed 7 Feb | Mar 2019Filed 20 Apr | Jun 2019Filed 23 Aug | Sep 2019Filed 24 Oct | Dec 2019Filed 22 Jan | Mar 2020Filed 29 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 29 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 21 Jul | Sep 2021Filed 21 Oct | Dec 2021Filed 21 Jan | Mar 2022Filed 21 Apr | Jun 2022Filed 20 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 18 Jan | Mar 2023Filed 19 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 18 Oct | Dec 2023Filed 18 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 18 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 18 Apr | Jun 2025Filed 20 Jul | Sep 2025Filed 13 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIFE INSURANCE CORPORATION OF INDIA - P & GS FUNDInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.09% | – | 3.21% | 2.83% | 2.63% | 2.63% | 2.63% |
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITYInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.66% | 1.66% | 1.66% | 1.65% | 1.74% | 1.71% | 1.71% |
| DHARTI COMMERCIAL TRADING PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% |
| KOTAK FUNDS - INDIA MIDCAP FUNDForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.04% | 1.25% | 1.25% | 1.25% |
| BLUE DAIMOND PROPERTIES PVT LTDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
| LICI ULIP-GROWTH FUNDInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.23% | – | – | – | 4.69% | – | – | – | – | – |
| LICI NEW ENDOWMENT PLUS-GROWTH FUNDInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.09% | – | – | – | – | – | – | – |
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.60% | 1.64% | 1.64% | 1.67% | 1.66% | 1.66% | 1.65% | 1.65% | 1.65% | 1.67% | – | – | – | – | – | – | – |
| LICI MARKET PLUS 1 GROWTH FUNDInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.09% | – | – | – | – | – | – | – | – |
| TATA AIA LIFE INSURANCE COMPANY LIMITED A/C FLEXIInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | – | – | – | – | – | – | – | – | – | – |
| Government of SingaporeForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.12% | 1.14% | – | – | – | – | – | – | – | – | – | – | – |
| D S TRUSTOther non-institutions | – | – | 1.56% | 1.56% | 1.56% | 1.56% | 1.61% | 1.61% | 1.61% | 1.61% | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% | 1.51% | 1.27% | 1.20% | 1.03% | – | – | – | – | – | – | – | – | – | – | – |
| Kritagyata Trust (Mr. Rakesh Kumar Agrawal)Other non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.19% | 1.18% | 1.18% | 1.12% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Dharti Commercial Trading Private Limited (Formerly Known As Dharti Investments and Holdings Limited)Companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Dharti Commercial Trading Pvt Ltd (Formerly Known As Dharti Investments and Holdings Ltd)Other non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | 1.69% | 1.68% | 1.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Investor Eductaion Protection Fund AuthorityOther non-institutions | – | – | – | – | – | – | – | – | – | 1.59% | 1.59% | 1.59% | 1.63% | 1.62% | 1.62% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Kritagyata TrustOther non-institutions | – | – | – | – | 1.01% | 1.01% | 1.04% | 1.04% | 1.10% | 1.20% | 1.20% | 1.20% | 1.20% | 1.19% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Dharti Investments and Holdings LimitedOther non-institutions | 5.55% | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% | 1.68% | 1.69% | 1.69% | 1.69% | 1.69% | 1.69% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VALIANT MAURITIUS PARTNERS OFFSHORE LIMITEDInstitutions Foreign Portfolio Investor | – | – | – | – | – | 1.09% | 1.22% | 1.23% | 1.35% | 1.49% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| IEPF (in transit)Other non-institutions | – | – | – | – | – | – | – | – | 1.46% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HDFC LIFE INSURANCE COMPANY LIMITEDOther Institutions | – | – | – | 1.11% | 1.12% | 1.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| OPPENHEIMER DEVELOPING MARKETS FUNDInstitutions Foreign Portfolio Investor | – | 3.49% | 2.55% | 1.62% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Axis Capital LimitedOther non-institutions | – | – | – | 1.01% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| DCBL EMPLOYEES WELFARE TRUSTOther non-institutions | – | 1.56% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAJ TEXTILES PRIVATE LIMITEDOther non-institutions | 2.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.