Please refer to important disclosures at the end of this report
Dalmia Bharat Limited (DBL) is an India-based cement manufacturing company.
The Company markets cement under the brand names of Vajram and Konark
(legacy brands), Dalmia Super Roof, Dalmia Ultra and Konark DSP. Increased
blending and cost savings have been the key drivers of DBL’s industry leading
profitability over the past two years. DBL reported significant savings in powe
and freight cost due to increased use of alternate fuels such as petcoke,
rationalizing of logistics movement, and improving operational efficiencies.
normal monsoon after two consecutive years of drought should enhance demand
for rural housing and boost irrigation projects. The company has given more
than 30% CAGR profit growth in last 5 years which is a good sign. The compan
is expected to give good quarter and has been maintaining a healthy dividend
payout of 29.21%. Hence Buy.
CMP `1,642
Stock Info
Beta 1.4
Bloomberg Code
Shareholding Pattern (%)
Promoters 57.4
MF / Banks / Indian Fls 4.6
FII / NRIs / OCBs 7.9
Indian Public / Others
Abs. (%) 3m 1yr 3yr
Sensex 6.2 8.8 40.8
Dalmia Bharat 52.2 146.4 1265.2
Nifty 8,776
Reuters Code DALA.BO
Face Value (
BSE Sensex 28,523
52 Week High / Low 1890/605
Avg. Daily Volume 61,222
Cement & Cem. Prod.
Market Cap (
cr) 14,584
Vaibhav Agrawal
022 – 3935 7800 Ext: 6808
Dalmia Bharat
Others | Cement & Cement Products
September 21, 2016
Dalmia Bharat | Cement & Cement Products
September 21, 2016
Research Team Tel: 022 - 39357800 E-mail: [email protected] Website:
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