NSE: DALBHARAT | BSE: 542216

Mid-range Performer

Download real time

1749.30 -21.90 (-1.24%)

29.92% Fall from 52W High

77,200 NSE+BSE Volume

NSE 04 Sep, 2026 3:31 PM (IST)

32,810.9

Market Cap

High in industry

Beta 1Year

Very High Volatility

Dalmia Bharat Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DALBHARAT, BSE:542216 Dalmia Bharat Ltd.

Search Inside the pdf :

Dalmia Bharat Ltd.

27 Jul 2026

1749.30

-1.24%

Dalmia Bharat

Buy: Dalmia Bharat Ltd.

Target

ICICI Direct

EBITDA/ton for Q1FY27 stood at Rs 1059/ton (-16% YoY), led by increase in costs mainly power & fuel and packaging cost. Management has also guided for ~Rs 70-80/ton increase in cost in Q2FY27E on sequential basis due to fuel costs but reiterates annual costs savings of Rs 50100/ton in the coming period. Going ahead, we expect company's EBITDA/ton to improve to 1212/ton by FY28E (vs 1028/ton in FY26), driven by continuous focus on operational efficiency & positive operating leverage. Cost saving initiatives include using cost-effective non-fossil fuels from alternate sources, changing...

Dalmia Bharat Ltd. has an average target of 2242.83 from 7 brokers.

Dalmia Bharat Ltd.

24 Jul 2026

1749.30

-1.24%

Better realizations drive EBITDA beat

Buy: Dalmia Bharat Ltd.

Target

Motilal Oswal

Dalmia Bharat’s (DALBHARA) 1QFY27 performance was above our estimates, led by higher-than-estimated realizations. Revenue rose ~7% YoY to INR38.9b (+4% vs. estimates).

Number of FII/FPI investors decreased from 239 to 215 in Jun 2026 qtr

Dalmia Bharat Ltd.

24 Jun 2026

1749.30

-1.24%

DALMIA BHARAT LIMITED

Buy: Dalmia Bharat Ltd.

Target

Geojit BNP Paribas

mitigated through the addition of 182 MW of renewable energy capacity in FY26 and logistics optimization. In addition to the price hikes implemented at the end of Q4 FY26 across all regions, the ongoing easing of fuel costs is expected to further support margins to recover in H2FY27. The stock currently trades at a 1-year forward EV/EBITDA of 10x. We value DBL at...

Dalmia Bharat Ltd. is trading below all available SMAs

Dalmia Bharat Ltd.

30 Apr 2026

1749.30

-1.24%

BP Equities Q4FY26 Result Update Dalmia Bharat Ltd

Results Update: Dalmia Bharat Ltd.

BP Wealth

Dalmia Bharat Ltd. is trading below all available SMAs

Dalmia Bharat Ltd.

29 Apr 2026

1749.30

-1.24%

Dalmia Bharat (HOLD): Steady quarterly show; valuations reasonable upgrade to HOLD

Hold: Dalmia Bharat Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Listless volume (2.3% YoY) and realisations gains (1.4% YoY) keep revenue gains muted at 4%; price hike in April to pass on cost inflation

Dalmia Bharat has lost -27.42% in the last 1 Year

Dalmia Bharat Ltd.

29 Apr 2026

1749.30

-1.24%

Dalmia Bharat

Buy: Dalmia Bharat Ltd.

Target

ICICI Direct

Volume pick-up, operational efficiencies to drive growth Cost efficiency measures to support EBITDA per ton improvement: Company's EBITDA/ton for FY26 improved by 25.5% YoY and stood at Rs 1028/ton, led by better realisation and overall improvement in cost structure. The management also stated that the rise in power & fuel, packaging, and freight costs is mitigated by taking price hikes and also reiterated on reducing total cost by Rs 150200/ton over the coming period (~100/ton savings achieved so far). Going ahead, we expect company's EBITDA/ton to improve to...

Dalmia Bharat Ltd. is trading below all available SMAs

Dalmia Bharat Ltd.

29 Apr 2026

1749.30

-1.24%

Result Update:Dalmia Bharat

Buy: Dalmia Bharat Ltd.

Target

Axis Direct

We maintain our BUY recommendation on the stock.

Dalmia Bharat Ltd. is trading below all available SMAs

Dalmia Bharat Ltd.

29 Apr 2026

1749.30

-1.24%

Dalmia Bharat (DALBHARA IN) Q4FY26 Result Update Cost-led beat; volume recovery remains the key BUY

Buy: Dalmia Bharat Ltd.

Recommendation Target

Prabhudas Lilladhar

Cost inflation of ~INR125150/t is expected in Q1FY27, led by packing (~INR8090/t) and fuel costs. Cost reduction of ~INR100/t achieved in FY26; ~INR50 100/t savings targeted in FY27. Dalmia Bharat (DALBHARA) reported better than expected operating performance in Q4FY26, supported by improved realisations and well-controlled costs, despite a modest volume miss due to a one-off kiln breakdown. Average NSR improved 1.5% QoQ driven by price hikes in key regions. Operating performance remained strong, with...

Dalmia Bharat has lost -27.42% in the last 1 Year

Dalmia Bharat Ltd.

28 Apr 2026

1749.30

-1.24%

Muted volume growth; lower opex/t drive profitability

Buy: Dalmia Bharat Ltd.

Target

Motilal Oswal

Dalmia Bharat’s (DALBHARA) 4QFY26 EBITDA grew ~14% YoY to INR9.0b (9% beat), driven by lower-than-expected opex/t. EBITDA/t increased ~11% YoY to INR1,025 (est. INR928).

Dalmia Bharat has lost -27.42% in the last 1 Year

Dalmia Bharat Ltd.

12 Feb 2026

1749.30

-1.24%

Growth visibility improves; volume ramp-up to unlock value

Buy: Dalmia Bharat Ltd.

Motilal Oswal

We recently met with Dalmia Bharat’s (DALBHARA) management to understand current industry demand, pricing environment and the company’s growth plans. Management noted that overall cement demand momentum is strong.

Number of FII/FPI investors decreased from 239 to 215 in Jun 2026 qtr

VOTE: Is Dalmia Bharat Ltd. worth buying?

70 Votes:

Buy 82.86%

Sell 12.86%

Hold 4.29%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf