Dalmia Bharat Q4 Review - Strong Performance Continues: Geojit
A limestone and clay mix sits in a pile inside a cement plant. (Photographer: Gianluca Colla/Bloomberg)

Dalmia Bharat Q4 Review - Strong Performance Continues: Geojit

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Geojit Research Report

Dalmia Bharat Ltd. is the fourth largest cement company in India with a capacity of approximately 30.7 metric tonne, focusing in South with 12.1 metric tonne and East and North-East with 18.6 metric tonne.

Q4 FY21 revenue grew by 32% year-on-year mainly aided by 24% YoY growth in volumes partially supported by low base.

Ebitda growth was robust at 53% YoY as Ebitda margin grew by 320 basis points YoY to 23.7%.

Out of 8 metric tonne capacity expansion in the East, 3.35 metric tonne has been completed, and the balance will be completed within 12-24 months.

Total capacity would be ~38 metric tonne post expansion.

Click on the attachment to read the full report:

Geojit Dalmia Bharat Q4FY21 Result Review.pdf


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