Dalmia Bharat Limited reported its consolidated financial results for the quarter and full year ending March 31, 2021.

 

All round Excellence in unprecedented times

 

·         Revenue increased 9% to Rs. 10,522Cr

(First time crossing Rs. 10K milestone)

·         EBITDA increased 32% to Rs. 2,783Cr

·         Highest Ever EBITDA Margin at 26.4%

·         EBITDA/T increased 24% to Rs. 1333/T

·         PAT increased ~5 times to 1,243 Cr

(First time crossing Rs. 1K milestone)

·         EPS increased ~6 times to 65.65

·         Repaid Gross Debt of Rs. 2,224 Cr (Net Debt/EBITDA at 0.04x)

·         Sales Volume increased 7% to 20.7Mnt

·         Installed capacity increased by 16.4% to 30.75 MnT

·         Successful completion of Share buyback program (61.66 Lac shares for Rs. 329Cr)

·         Completion of Murli Industries acquisition under IBC

Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter and full year ending March 31, 2021.

 

 

Highlights for the Quarter and Full Year ended March 31, 2021:

 

Commenting on the results, Mr. Puneet Dalmia, Managing Director – Dalmia Bharat Limited, said, “Dalmia Bharat is incredibly proud of its people for delivering industry leading all round performance despite a very tough environment. With another year of strong financial and operating performance, we are on a clear path of accelerated growth backed by a strong Balance Sheet and an exceptionally dedicated team.”

Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited said, “I am delighted with our company’s performance this year. The performance is backed by broad-based revenue growth of 9.0% across each region of our operation and EBITDA margin expansion of 460bps. Through a much disciplined execution, we have successfully increased our capacity by ~16% while simultaneously pre-paying our gross debt.”

 

Key Awards & Recognitions

·         For second time in a row, Dalmia Cement (Bharat) Limited was the only cement company globally which was invited to speak at the UN Climate Ambition Summit 2020

·         One of the only 16 Global Companies to be appointed as “COP-26 Business Leader” by COP-26 Presidency, an apex UN Body under United Nations Framework Convention on Climate Change (UNFCCC)

·         Asia Sustainability & Environmental Stewardship Award to DCBL by International Cement Executive for its sustainable practices

·         Nalanda (Dalmia Bharat’s in-house L&D team) receives Top Honours at BusinessWorld People’s L&D Excellence Awards

 

 

About Dalmia Bharat Ltd.

Dalmia Bharat Limited (DBL) (BSE/NSE Symbol: DALBHARAT), is a pioneer in cement manufacturing since 1939. With a growing capacity, currently pegged at 30.75 MTPA, DBL has the fourth largest cement manufacturing capacity in the country. Spread across 9 states and 13 manufacturing units, the company is a category leader in super-specialty cements used for oil well, railway sleepers and air strips and is the country’s largest producer of slag cement. It has been globally ranked no. 1 by CDP (formerly Carbon Disclosure Project) for business readiness of lowest carbon transition. DBL also has the lowest carbon footprint in the cement world, globally. It is the first cement Company across the globe to join RE 100 and EP 100 - showing real business leadership in the clean energy transition by taking a joined-up approach. Visit us at http://www.dalmiabharat.com