Dalmia Bharat Ltd.(Old)

NSE: DALMIABHA | BSE: 533309 | ISIN: INE439L01019 | Industry: Cement & Cement Products
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Dalmia Bharat

Geojit BNP Paribas
India's cement demand & supply gap is likely to narrow due to enhanced government spending in housing & infra and slowdown in new capacities. DBL has expanded its capacity by 20 times within a decade to 25MT. Now the focus is on asset sweating and deleveraging. DBL has increased its market share from 8% in FY14 to 11% in FY17, its volume has grown at 23.2% CAGR Vs 4.1% of industry over last 5 years. The capacity utilisation has stabilized to 61% in FY17, it is anticipated to increase to 64% and 71% by FY18E and FY19E respectively....
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