Dalmia Bharat Limited (DALBHARAT) Latest Updates

Financial Performance & Dividends FY26 Annual Results: For the quarter ending March 31, 2026, the company reported a consolidated net profit (PAT) of ₹387 crore, an 11.1% decline year-on-year. This drop was primarily attributed to higher fuel and power costs and increased depreciation from ongoing capacity expansion. Revenue Growth: Revenue from operations for Q4 FY26 rose by 3.76% to ₹4,245 crore, driven by moderate volume improvements in the eastern and southern markets, though realizations remained under competitive pressure. Dividend Recommendation: The Board has recommended a final dividend of ₹5 per equity share for the fiscal year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. Legal & Regulatory Updates ED Relief: In a significant legal development in April 2026, the Enforcement Directorate (ED) ordered the release of attached land parcels belonging to the company’s subsidiary, Dalmia Cement (Bharat) Limited. The alleged "Proceeds of Crime" (PoC) were slashed from ₹793.34 crore to ₹92.52 crore, significantly reducing the company's legal liability. GST Matters: The company has been managing various GST-related orders across different regions, including recent assessments in Bokaro and other jurisdictions, which management has characterized as having no material impact on overall financials. Expansion & Strategic Moves Capacity Targets: The company remains on track with its long-term expansion strategy, targeting an installed capacity of 49.5 MTPA by FY28 and an ambitious long-term goal of reaching 110–130 million tonnes by 2031. Renewable Energy Investment: In March 2026, Dalmia Bharat’s subsidiary acquired a 26% stake in Ventora Energy Private Limited for approximately ₹4.42 crore. This move provides the company with access to 8.1 MW of wind power in Tamil Nadu, supporting its "RE 100" sustainability commitment.