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Business Standard
24-04-2025
- Business
- Business Standard
Dalmia Bharat gains after Q4 PAT climbs 38% YoY to Rs 435 cr
Dalmia Bharat rallied 3.45% to Rs 1,958.80 after the company's consolidated net profit surged 38.09% to Rs 435 crore in Q4 FY25 as against Rs 315 crore posted in Q4 FY24. However, revenue from operations declined 5.01% YoY to Rs 4,091 crore posted in Q4 FY25. Sales volume during the quarter declined 2.27% to 8.6 million tonnes from 8.8 million tonnes registered in the corresponding quarter of the previous year. Profit before tax stood at Rs 467 crore in Q4 FY25, up 32.67% as against Rs 352 crore recorded in Q4 FY24. EBITDA jumped 21.25% to Rs 793 crore in Q4 FY25 as against 654 crore reported in Q4 FY24. EBITDA margin improved to 19.4% in Q4 FY25 as against 15.2% in Q4 FY24. Dalmia Bharats net debt-to-EBITDA ratio stood at 0.30x during the quarter, compared to 0.18x in the same period a year ago. Puneet Dalmia, managing director & CEO, Dalmia Bharat, said, The Indian economy continues to demonstrate resilience amidst the ongoing global macroeconomic uncertainty. With strong GDP growth projections supported by higher capex allocation and increased disposable income for the individuals, we remain confident about healthy cement demand in the country. He further added, Having successfully achieved our milestone of cement capacity at 49.5 MnT, we have commenced the next phase of expansion with the recently announced capacity addition of 6 MnT catering mainly to new markets in Western India. During the current year, while profitability remained subdued due to soft demand and weak pricing, I am confident to deliver profitable growth going forward on the back of stronger volumes, improved realizations and a consistent focus on cost leadership. Dharmender Tuteja, chief financial officer of Dalmia Bharat, said Our cement volumes declined by 3% YoY in Q4, primarily due to the discontinuation of JP tolling volumes. However, quality of sales improved driven by a higher share of trade sales and increased contribution from premium products. Revenue from operations declined by 5% YoY to Rs 4,091 crore, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% YoY to Rs 793 Cr during the quarter due to our continued focus on cost leadership through various initiatives, including an increase in renewable power capacity. He further said, Backed by a robust balance sheet, strong leadership team and optimistic profitability outlook, we are well positioned to successfully undertake the next phase of our expansion. On a full-year basis, the companys consolidated net profit fell 17.31% to Rs 683 crore on a 4.83% decline in revenue to Rs 13,980 crore in FY25 over FY24. Meanwhile, the companys board has recommended a final dividend of Rs 5 per equity share for the financial year ended 31 March 2025, subject to approval by the shareholders at the ensuing Annual General Meeting (AGM). Dalmia Bharat is one of Indias pioneering cement manufacturing companies, with the current capacity pegged at 49.5 million tonne.
Time of India
24-04-2025
- Business
- Time of India
Dalmia Bharat's net profit up 37.19% in Q4 FY25
NEW DELHI: Dalmia Bharat has reported a growth of 37.19 per cent in its net consolidated profit during the quarter ended March 31, 2025. Its profit after tax (PAT) stood at ₹439 crore in Q4 FY25 as against ₹320 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹4,184 crore in Q4 FY25, a dip of 5.49 per cent from ₹4,427 crore it recorded in the similar quarter last year. Puneet Dalmia , managing director & CEO of the company said, "Having successfully achieved our milestone of cement capacity at 49.5 MnT, we have commenced the next phase of expansion with the recently announced capacity addition of 6 MnT catering mainly to new markets in Western India. During the current year, while profitability remained subdued due to soft demand and weak pricing, I am confident to deliver profitable growth going forward on the back of stronger volumes, improved realizations and a consistent focus on cost leadership." The board of directors recommended final dividend of ₹5 per equity share of face value of ₹2 each fully paid up (i.e. 250%) for the financial year ended March 31, 2025. The company commissioned 2.4 MnT cement capacity in Lanka, Assam and 0.5 MnT of cement capacity in Rohtas, Bihar. This takes its overall installed capacity to 49.5 MnT. It also announced investment of ₹3,520 crore to establish a 3.6 MnTPA clinker unit with a 3 MnTPA grinding unit at existing Belgaum plant, Karnataka coupled with a new 3 MnTPA greenfield split grinding unit in Pune, Maharashtra. Dharmender Tuteja , chief financial officer of the company said, "Our cement volumes declined by 3% year-on-year in Q4, primarily due to the discontinuation of JP tolling volumes. However, quality of sales improved driven by a higher share of trade sales and increased contribution from premium products. Revenue from operations declined by 5% year-on-year to ₹4,091 crore, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% year-on-year to ₹793 crore during the quarter due to our continued focus on cost leadership through various initiatives including increase in renewable power capacity." The company commissioned 2.2 MW captive solar power plant at Lanka, Assam, while 13 MW is commissioned under the group captive agreements, increasing its total operational renewable energy (RE) capacity to 267 MW. Total operational renewable capacity, including the group captive, is expected to reach 595 MW by end of FY26. Dalmia Cement (Bharat) ( DCBL ) has received a provisional order of attachment (POA) in April 2025 for ₹793 crore and attached certain land parcels of the company amounting to ₹377 crore, issued by the directorate of enforcement (ED), Hyderabad under prevention of money laundering act, 2002 (PMLA). The provisional attachment by ED emanates from an earlier case registered by the central bureau of investigation (CBI) in 2011 wherein they had made certain allegations against DCBL vide their charge sheet filed in 2013. "In the opinion of the group and basis the legal advice, no offence is made out against DCBL, and no adverse impact is expected to devolve on the company," it said in the regulatory filing. The company's volume improved by 2% year-on-year to 29.4 MnT while net debt to EBITDA stood at 0.3x during the quarter ended March 31, 2025.
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Business Standard
24-04-2025
- Business
- Business Standard
Dalmia Bharat shares up 5% as Q4 profit surges 37%; earnings summary here
Shares of Dalmia Bharat surged nearly 5 per cent in Thursday's intraday session after it reported a 37.18 per cent increase in its consolidated net profit for the final quarter of the previous financial year. The cement maker's stock rose as much as 4.7 per cent during the day to ₹1,980 per share. The stock trimmed losses to trade 3.7 per cent higher at ₹1,958 apiece, compared to a 0.13 per cent decline in Nifty50 as of 10:33 AM. The company's shares snapped their two-day losses on Thursday and have recovered over 22 per cent from their lows of ₹1,607, which it hit in early March. The stock has risen 11 per cent this year, compared to a 2.6 per cent advance in the benchmark Nifty50. The company has a total market capitalisation of ₹36,833 crore, according to BSE data. Dalmia Bharat Q4 breakdown Dalmia Bharat reported a 37.18 per cent rise in consolidated net profit to ₹439 crore for the fourth quarter of 2024–25, driven by cost efficiency measures. This compares with a net profit of ₹320 crore in the same quarter last year. However, revenue from operations declined 5 per cent to ₹4,091 crore from ₹4,307 crore a year ago, due to lower sales volume and softer prices. Despite this, the company's sales volume in the March quarter rose 2.8 per cent to 8.6 million tonnes (Mt). For the financial year ending March 31, 2025, Dalmia Bharat's net profit was down 18 per cent to ₹699 crore. compared to ₹853 crore in the previous fiscal. Dalmia Bharat management commentary The cement volumes declined by 3 per cent Y-o-Y in the quarter under review, primarily due to the discontinuation of JP tolling volumes, according to Chief Financial Officer Dharmender Tuteja. "Revenue from operations declined by 5 per cent Y-o-Y to ₹4,091 Cr, reflecting the continued softness in cement prices. However, our Earnings before interest, taxes, depreciation and amortisation (Ebitda) grew by 21 per cent Y-o-Y to ₹793 crore during the quarter due to our continued focus on cost leadership through various initiatives, including an increase in renewable power capacity."
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Business Standard
23-04-2025
- Business
- Business Standard
Dalmia Bharat Q4 results: Profit rises 37% to Rs 439 cr, revenue down 5%
Cement maker Dalmia Bharat Ltd on Wednesday reported a 37.18 per cent increase in its consolidated net profit to Rs 439 crore for the last quarter of 2024-25, helped by cost efficiency measures. The company had posted a net profit of Rs 320 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was down 5 per cent to Rs 4,091 crore during the quarter under review from Rs 4,307 crore in the year-ago quarter on account of decline in sales volume and softening prices. In the March quarter, Dalmia Bharat's sales volume increased 2.8 per cent to 8.6 million tonnes (MT). Commenting on the results, Chief Financial Officer Dharmender Tuteja said: "Our cement volumes declined by 3 per cent YoY in Q4, primarily due to the discontinuation of JP tolling volumes." "Revenue from operations declined by 5 per cent YoY to Rs 4,091 Cr, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% YoY to Rs 793 crore during the quarter due to our continued focus on cost leadership through various initiatives including increase in renewable power capacity, he further said. Total expenses of Dalmia family-promoted cement firm were at Rs 3,717 crore, down 9.78 per cent in the March quarter. Total income of Dalmia Bharat, which includes other income, was also down 5.48 per cent to Rs 4,184 crore. For the financial year ended in March 31, 2025, Dalmia Bharat's net profit was down 18 per cent to Rs 699 crore. It was at Rs 853 crore in FY'24. Similarly, its total income in FY'25 was down 5.15 per cent to Rs 14,233 crore. The Board of Dalmia Bharat has recommended a final dividend of Rs 5 per share of face value of Rs 2 per share for FY2024-25 subject to approval of shareholders in ensuing AGM. Shares of Dalmia Bharat Ltd on Wednesday settled at Rs 1,893.50, down 0.47 per cent from previous close.
