profit from every ₹100 of sales.
₹0₹100
Dalmia Bharat
₹1,486.50+0.19% today
-28.1% in 1 year
1-year low ₹1,326.201-year high ₹2,232.40
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹24.50 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Dalmia Bharat sold, what it kept, and what it did with the cash.
Sales went from ₹132 billion in 2023 to ₹148 billion in 2026, with ₹11.4 billion of profit last year.
SalesProfit
Dalmia Bharat handed back 76% of the cash it generated last year.
₹1.7B
Free cash flow 2026₹2.2B
Bought back its own shares–
Paid as dividends₹1.7B
Cash vs. debt₹2.1B vs. ₹74.1B
Dalmia Bharat vs. similar companies
Dalmia Bharat grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Dalmia Bharat | 24.5× · Fair price | ||
 UltraTech Cement | 44.4× · Expensive | ||
 Martin Marietta Materials | 32.4× · Expensive | ||
 Heidelberg Materials | 16.2× · Fair price | ||
 Grasim Industries | 42.5× · Expensive |
AI analysis
An AI analyst reads Dalmia Bharat's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 132,370 | 143,340 | 139,800 | 148,040 | |
| 49,990 | 56,390 | 88,670 | 96,620 | |
| 10,250 | 11,440 | 10,760 | 17,340 | |
| 28,680 | 29,590 | 25,470 | 32,790 | |
| 10,350 | 8,260 | 6,830 | 11,390 | |
| 55.19 | 44.03 | 36.42 | 60.73 | |
| 37.8% | 39.3% | 63.4% | 65.3% | |
| 7.7% | 8.0% | 7.7% | 11.7% | |
| 7.8% | 5.8% | 4.9% | 7.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 255,430 | 277,490 | 302,260 | 333,120 |
| Cash | 2,340 | 3,410 | 1,490 | 2,120 |
| Total debt | 38,550 | 48,050 | 57,020 | 74,060 |
| Total liabilities | 97,990 | 112,420 | 127,260 | 151,890 |
| 156,280 | 163,970 | 173,740 | 179,790 | |
| 188 | 188 | 188 | 188 | |
| 6.0% | 5.1% | 4.0% | 5.7% | |
| 6.6% | 5.0% | 3.9% | 6.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 22,520 | 26,350 | 21,170 | 22,780 | |
| 27,090 | 28,270 | 26,640 | 20,560 | |
| -4,570 | -1,920 | -5,470 | 2,220 | |
| Dividends paid | 1,690 | 1,690 | 1,690 | 1,690 |
| – | – | – | – | |
| 140 | 30 | 0 | 0 |
Valuation
- 24.5×
- –
- 7.56
- 1.7×
- 1.9×
- 125.7×
- 10.7×
- 0.8%
- 4.1%
- 0.6%
Profitability
- 65.3%
- 11.7%
- 7.7%
- –
- 5.7%
- 5.2%
- –
- –
- –
- –
Growth
- +3.8%
- +3.2%
- –
- –
- +0.0%
Financial health
- 2.2×
- 0.41
- –
- 4.0×
- 1.55
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 45%of 989
Top 45%of 954
Bottom 43%of 773
Bottom 48%of 933
Bottom 39%of 988
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
14.8% of its profit
Room to growStretchedMore than it earns: 76.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
40No pass
Benjamin Graham
63Pass
Philip Fisher
44No pass
Peter Lynch
21No pass
Joel Greenblatt
27No pass
Charlie Munger
35No pass
Terry Smith
26No pass
Questions about Dalmia Bharat
Is Dalmia Bharat a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Dalmia Bharat AI analysis
What does Dalmia Bharat do?
Dalmia Bharat Limited, together with its subsidiaries, manufactures and sells cement and its related products primarily in India. It is in Building Materials, based in New Delhi, India, with 5,841 employees.
Does Dalmia Bharat pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 15% of its yearly profit. In 2026 it paid out ₹1.69 billion in dividends.
Is Dalmia Bharat stock halal?
Yes. Dalmia Bharat passes our halal screen: its business is permitted and its debt is 27% of its market value, under the 30% limit. How we check
How has Dalmia Bharat stock done over the past year?
Down 28.1% over the past twelve months, to ₹1,486.50. It traded between ₹1,326.20 and ₹2,232.40 and is 33.4% below its high.
Who are Dalmia Bharat's competitors?
The largest listed companies in the same industry are UltraTech Cement, Martin Marietta Materials, Heidelberg Materials and Grasim Industries. The peers table on this page compares their profit, growth and price with Dalmia Bharat's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.