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Dalmia BharatLtd

Q2 FY27Cement & Cement Products

Dalmia Bharat Q2 Results 2026 (FY27): Revenue ₹3,563 Cr, Net loss ₹205 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹1,591
Market cap₹29.8K Cr
P/E27.2
Updated26 Oct 2026
Read5 min read

Dalmia BharatLtd Q2 FY27 key numbers

Revenue
Net Sales Realization (NSR) per Ton: Rs 698.

As stated in Dalmia BharatLtd's Q2 FY27 investor presentation · published 26 Oct 2026. Reported figures, not investment advice.

Based on Dalmia BharatLtd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Revenue for Q2 FY27: Rs 3,563 Cr (Page 22) - Up 4% YoY from Rs 3,417 Cr in Q2 FY26 - QoQ down due to lower volumes and lower share of plants with incentive accruals - Net Sales Realization (NSR) per Ton: Rs 698 (Page 28) - Up 1% YoY, down 1% QoQ - Sales Volume: 7.1 MnT in Q2 FY27 (Page 21) - Down 3% YoY from 6.9 MnT in Q2 FY26 - Decline attributed to subdued demand in East & North East markets - Outlook: - No explicit quantitative guidance or forward-looking revenue/volume outlook stated in the presentation. Q2 FY27 Financials: - EBITDA: Rs 493 Cr (Down from Rs 696 Cr in Q2 FY26; ~29.2% YoY decline) - Operating Margin (EBITDA/T): Rs 698 per ton (down from Rs 1,013 per ton in Q2 FY26) - Profit After Tax (PAT): Rs -205 Cr (negative compared to Rs 239 Cr in Q2 FY26) - YoY Changes: - EBITDA declined due to volume and regional demand challenges.

From Dalmia BharatLtd's Q2 FY27 earnings-call transcript · updated 26 Oct 2026.

Revenue & Sales Performance

  • Revenue for Q2 FY27: Rs 3,563 Cr (Page 22)
  • Up 4% YoY from Rs 3,417 Cr in Q2 FY26
  • QoQ down due to lower volumes and lower share of plants with incentive accruals
  • Net Sales Realization (NSR) per Ton: Rs 698 (Page 28)
  • Up 1% YoY, down 1% QoQ
  • Sales Volume: 7.1 MnT in Q2 FY27 (Page 21)
  • Down 3% YoY from 6.9 MnT in Q2 FY26
  • Decline attributed to subdued demand in East & North East markets
  • Outlook:

2 more points from Dalmia BharatLtd's call on revenue

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Profitability & Margins

  • Q2 FY27 Financials:
  • EBITDA: Rs 493 Cr (Down from Rs 696 Cr in Q2 FY26; ~29.2% YoY decline)
  • Operating Margin (EBITDA/T): Rs 698 per ton (down from Rs 1,013 per ton in Q2 FY26)
  • Profit After Tax (PAT): Rs -205 Cr (negative compared to Rs 239 Cr in Q2 FY26)
  • YoY Changes:
  • EBITDA declined due to volume and regional demand challenges.
  • PAT turned negative due to exceptional items including impairment losses (Rs 282 Cr) and separation scheme charges (Rs 57 Cr).
  • Margin Outlook:

2 more points from Dalmia BharatLtd's call on margins

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Capital Expenditure Plans

  • Project Capex of ~₹2,200 Cr planned for FY27 (Page 17).
  • Expansion details (Page 17):
  • Chunar Grinding Unit (GU): 2.5 MnTPA, commercial production commenced.
  • Rewa Integrated Unit (IU): 3.3 MnTPA clinker, 1.1 MnTPA cement, under trial-run.
  • Churk GU: 1.0 MnTPA cement, pre-operating stage.
  • Sadwa Blending Unit (BU): 0.6 MnTPA cement, pre-operating stage.
  • Belgaum IU: 3.6 MnTPA clinker, 3.0 MnTPA cement, clinker under trial-run ahead of schedule.
  • Pune GU: 3.0 MnTPA cement, civil and fabrication work ongoing.
  • Kadapa IU: 3.6 MnTPA clinker, 6.0 MnTPA cement, major equipment ordered, civil work underway.
  • Chennai Bulk Terminal (BT): major equipment ordered for 3 MnTPA capacity.
  • Upcoming projects (Page 19):

2 more points from Dalmia BharatLtd's call on capex

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Top-ranked in Cement & Cement Products

Ranked on what management guided this quarter

Guidance-ranked
1Grasim Inds
Rev 1Mar 3
2BIGBLOC Const.
Rev 2Mar 1
3
Rev 3Mar 1
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Dalmia BharatLtd said on fundraising & capital structure — free account, 30 seconds.

Dalmia BharatLtd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Q2 FY27 figures are not in this chart yet. Latest shown: Jun 2026 (Q1 FY27). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹3.9K Cr, net profit ₹192 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Dalmia BharatLtd's management said in earlier quarters

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Frequently Asked Questions

What were Dalmia BharatLtd Q2 FY27 results?

Revenue for Q2 FY27: Rs 3,563 Cr (Page 22) - Up 4% YoY from Rs 3,417 Cr in Q2 FY26 - QoQ down due to lower volumes and lower share of plants with incentive accruals - Net Sales Realization (NSR) per Ton: Rs 698 (Page 28) - Up 1% YoY, down 1% QoQ - Sales Volume: 7.1 MnT in Q2 FY27 (Page 21) - Down 3% YoY from 6.9 MnT in Q2 FY26 - Decline attributed to subdued demand in East & North East markets - Outlook: - No explicit quantitative guidance or forward-looking revenue/volume outlook stated in the presentation. Q2 FY27 Financials: - EBITDA: Rs 493 Cr (Down from Rs 696 Cr in Q2 FY26; ~29.2% YoY decline) - Operating Margin (EBITDA/T): Rs 698 per ton (down from Rs 1,013 per ton in Q2 FY26) - Profit After Tax (PAT): Rs -205 Cr (negative compared to Rs 239 Cr in Q2 FY26) - YoY Changes: - EBITDA declined due to volume and regional demand challenges.

What is Dalmia BharatLtd share price analysis?

Dalmia BharatLtd currently shows a neutral. The stock trades at a P/E of 27.2 with a market cap of ₹29,847 Cr. Investors should review the full earnings analysis for detailed insights.

Is Dalmia BharatLtd planning capital expenditure?

Project Capex of ~₹2,200 Cr planned for FY27 (Page 17).

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.