News

Sharekhan's research report on Dalmia Bharat

The stock is currently trading at 12.4x/11x its FY26/27 EV/EBITDA. In Q4FY2025, Dalmia reported a ~5% decline in consolidated revenue, mainly because of volume de-growth of 2.8% y-o-y. EBITDA/ton reached Rs 922, up 24% YoY, driven by cost leadership initiatives and increased renewable power capacity. The company added 2.9 mt cement capacity, increasing its total capacity to 49.5 mt. The company aims to increase the capacity to 55.5 mt by FY27 and 75 mt by FY28. Management aims to balance profitability and volume growth. The operating cost reduction target of Rs. 150-200 per tonne over the next two years remains intact, with half of this target expected to be achieved in FY26.

Outlook

We retain BUY on Dalmia with a revised PT of Rs. 2,300, valuing it at 13x on its FY27 EV/EBITDA.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Dalmia Bharat - 30042025 - khan

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Sensex Today Jammu Kashmir News Live DC vs KKR Live Score Canada Election Results Q4 Results 2025 Live Ather Energy IPO GMP JKBOSE 10th Result 2025 TS SSC Results 2025 NEET Admit Card 2025 IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.