However, Dalmia Bharat’s Q4 revenue from operations declined 5% YoY to ₹4,091 crore and missed the CNBC-TV18 poll estimate of ₹4,154 crore. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹793 crore, marking a 21.3% YoY growth but missing the poll expectation of ₹798 crore.
#Q4WithCNBCTV18 | Dalmia Bharat reports #Q4 earnings
Net Profit at ₹439 cr vs CNBC-TV18 poll of ₹295 cr pic.twitter.com/Oi5S4JoLup— CNBC-TV18 (@CNBCTV18Live) April 23, 2025
The company’s EBITDA margin expanded to 19.4% from 15.2% a year ago, and ahead of the 19.25% estimated by the CNBC-TV18 poll. EBITDA per tonne improved 25% YoY to ₹926 during the quarter. However, sales volumes declined 3% YoY to 8.6 million tonnes (MT) for Q4 FY25.
For the full year, volumes rose 2% YoY to 29.4 MT, though full-year EBITDA dropped 9% to ₹2,407 crore and EBITDA per tonne declined 11% YoY to ₹820, reflecting pressure from weak pricing and demand.
On the capacity front, Dalmia Bharat commissioned 2.9 MT of cement capacity in Assam and Bihar, raising the company’s total installed capacity to 49.5 MT. It also announced a strategic investment of ₹3,520 crore to add 6 MT of new capacity through a clinker and grinding unit in Karnataka and a greenfield grinding unit in Pune.
The board of Dalmia Bharat has recommended a final dividend of ₹5 per share of face value of ₹2 per share for FY2024-25 subject to approval of shareholders in ensuing AGM.
Speaking on the company’s Q4 financial performance, Puneet Dalmia, Managing Director & CEO, said, “The Indian economy continues to demonstrate resilience amidst ongoing global macroeconomic uncertainty. With strong GDP growth projections supported by higher capex allocation and increased disposable income, we remain confident about healthy cement demand in the country.”
He added, “Having successfully achieved our milestone of 49.5 MT cement capacity, we have commenced the next phase of expansion with the recently announced 6 MT capacity addition, mainly targeting new markets in western India. While profitability remained subdued this year due to soft demand and weak pricing, I am confident of delivering profitable growth going forward on the back of stronger volumes, improved realisations, and a consistent focus on cost leadership.”
Dalmia Bharat’s share price settled flat in the green at ₹1,903.80 on the NSE today (April 23) and so far this year, the cement stock has gained 7.5%. In the last one-year, Dalmia Bharat shares have corrected by 2.5%.
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(Edited by : Shoma Bhattacharjee)
First Published: Apr 23, 2025 8:24 PM IST
