Dalmia Bharat Ltd — earnings calls

Dalmia Bharat reported Q1 FY27 revenue of Rs 3,890 crore, up 7% year-on-year, with volume growth of 9% despite state elections disrupting several key markets. EBITDA per ton improved sequentially to Rs 1,055 as price increases and cost savings partly offset elevated pet coke and fuel costs. Management discussed the completed Jaypee Cement asset acquisition, capacity expansion plans toward 67 million tons by Q3 FY28, and integration progress at the Chunar and Rewa units.

Dalmia Bharat reported FY26 EBITDA of Rs 3,083 crores, up 28% year-on-year, and PAT of Rs 1,157 crores, up 65%, with Q4 EBITDA at Rs 902 crores. Management said Q4 volume growth was 3% YoY to 8.8 million tons, impacted by an unexpected kiln breakdown in East India, while cost per ton fell to the lowest quarterly level in five years. Management also discussed rising input costs from the West Asia conflict affecting power, fuel, packing and logistics, and said price increases in April were being used to offset the cost impact.