Dalmia Bharat Limited — Important, 23-07-2025: General Updates

Dalmia Bharat reported its highest-ever quarterly EBITDA of Rs 883 Cr, a 32% YoY increase, driven by improved NSR/T despite a 5.8% volume decline to 7.0 MnT. The company announced a Rs 3,287 Cr strategic investment for a 3.6 MnTPA clinker and 6 MnTPA grinding unit at Kadapa, along with a 3 MnTPA bulk terminal at Chennai, targeting Q2 FY28 commissioning. Expansion at Umrangso is nearing trial runs. Dalmia divested 4.1% in IEX Ltd for Rs 742 Cr, reducing its stake to 10.8%, aligning with its non-core asset exit strategy. Net Debt/EBITDA stands at a healthy 0.33x.