Dalmia Bharat Q1 FY26: Record EBITDA and New Growth Plans

New Delhi | July 22, 2025 : Dalmia Bharat Limited, one of India’s top cement companies, shared strong results for Q1 FY26. The company posted record profits and announced new projects.

Strong Q1 FY26 Performance

In Q1 FY26, Dalmia Bharat posted its highest-ever EBITDA at ₹883 crore. This is a 32% jump from last year. Profit after tax rose to ₹395 crore, up 172% YoY.

Sales volume was 7.0 MnT, slightly lower than last year. But the price per tonne rose by 6.6% to ₹5,193. EBITDA per tonne increased by 40% to reach ₹1,261.

Total income for the quarter stood at ₹3,636 crore. The company kept its balance sheet strong. Net debt to EBITDA is just 0.33x, showing healthy finances.

More Green Energy Use

Dalmia Bharat used more renewable power this quarter. Now, 41.2% of the company’s total power comes from green sources. The group has 294 MW of renewable capacity, including captive plants.

Big Capacity Expansion Ahead

The company plans to add more cement capacity. A new clinker unit of 3.6 MnTPA and a grinding unit of 6 MnTPA will come up at Kadapa, Andhra Pradesh. It also plans a bulk terminal in Chennai.

This new capacity will help meet the rising demand. It is set to be ready by Q2 FY28. Earlier this year, Dalmia Bharat had also announced a 6 MnTPA expansion in Belgaum.

Leaders Speak on Future Plans

Mr. Puneet Dalmia, MD & CEO, said, “We are seeing strong demand. So, we plan to invest ₹6,800 crore this year to add 12 MnTPA in the South and West. Our balance sheet is strong. We are ready for the next phase of growth.”

Mr. Dharmender Tuteja, CFO, said, “Revenue stayed steady, but EBITDA rose well. We have good profit and a solid balance sheet. We want to be a top cement brand across India.”

Sale of Non-Core Assets

To stay focused, Dalmia Bharat sold part of its stake in Indian Energy Exchange Ltd. Its holding in IEX now stands at 10.8%.

Awards and ESG Rank

Dalmia Bharat got top marks for ESG. Its score rose to 80 (Exceptional) by ICRA ESG. Also, the company added 26 MW more green energy during the quarter.

It won awards too:

• Dalmiapuram Unit: Award for workplace safety from the National Safety Council.
• Yadwad and Kunnal Mines: First prize for clean and safe mining.
• Lanka Grinding Unit II: Award for safe lifting of heavy equipment.
• Dalmia Bharat Foundation: CRISIL gave it the top VO 1A grade for strong work and funds use.

Dalmia Bharat Stays Committed to Growth

Dalmia Bharat plans to keep growing. It wants to expand to new markets and use more green power. With record profits, smart spending, and new plants, the company aims to be India’s leading cement player.

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