Dalmia Bharat Q4 Review - Well-Placed To Gain Market Share: Motilal Oswal
A contractor levels a cement slab for a home under construction (Photographer: David Paul Morris/Bloomberg)

Dalmia Bharat Q4 Review - Well-Placed To Gain Market Share: Motilal Oswal

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.

Motilal Oswal Report

Dalmia Bharat Ltd. continued to post market share gains in Q4 FY21, as volumes grew 24% YoY (despite weak demand in South India), supporting 53% growth in Ebitda.

Cost is expected to rise in the near term due to higher cost of steel slag and energy.

On the other hand, the industry has taken a sharp 20% price hike in East India (approximately 50% of the company’s volumes) in the last two months, which would expand margins.

We expect market share gains to continue, supported by ~25% capacity expansion over the next year.

Click on the attachment to read the full report:

Motilal Oswal Dalmia Bharat Q4FY21 Result Review.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.