Dalmia Bharat Ltd.(Old)

NSE: DALMIABHA | BSE: 533309 | ISIN: INE439L01019 | Industry: Cement & Cement Products
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Motilal Oswal
(-13% QoQ) to INR1,213 in 2QFY18, as higher realization was offset by cost push. Unitary cost/t increased 1% YoY due to higher power & fuel and raw material cost (higher prices of slag), partially offset by lower other expenses (-22% YoY). Hence, EBITDA rose 5% YoY to INR4.41b. Interest cost declined 14% YoY, as debt was reduced by INR5.1b in 1HFY18. PAT increased by 3.4x to INR1.06b, as the tax rate was lower at 31% in 2QFY18 v/s 59% in 2QFY17. Concall highlights: (a) Petcoke consumption rate was at USD85/t for 2QFY18 v/s spot prices of USD105/t. (b) Kiln productivity increased by 9% in...
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