Dalmia Bharat cements a strong output in Q1FY17

Dalmia Bharat has declared its Q1FY17 results on August 17. The company’s revenue has increased by 10.45 per cent to Rs 1777 crore in Q1FY17 as compared to same period in previous financial year. Its EBITDA too has risen by 28.47 per cent to Rs 508 crore in Q1FY17 on a yearly basis. Dalmia Bharat’s EBITDA margin has expanded by 400 basis points to 28.59 per cent in Q1FY17 as compared to same period in previous financial year. The company’s net profit has boosted by 75.82 per cent to Rs 92.43 crore in Q1FY17 on a yearly basis. Its net profit margin has expanded by 193 basis points to 5.2 per cent in Q1FY17 as compared to same period in previous financial year.

On the segmental revenue front, Dalmia Bharat has earned 90.1 per cent from cement; 5.26 per cent from refractory; 3.6 per cent from management services; and 1.04 per cent from others during Q1FY17.

The share price of Dalmia Bharat has increased by 3.23 per cent on bourses in early trades; and is trading at Rs 1510 on an intraday basis.

Dalmia Bharat markets cement under the brand names of Vajram and Konark (legacy brands), Dalmia Super Roof, Dalmia Ultra and Konark DSP. The company has around 11 cement manufacturing plants across East and South India with an installed capacity of around 24 million tons per annum. It has around 178 megawatts of power generation capacity.