Integrated Filing — IndAS



General information about company

Scrip Code 542216
NSE Symbol DALBHARAT
MSEI Symbol NOTLISTED
ISIN INE00R701025
Name of company Dalmia Bharat Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 26-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Cement and Cement related products
Start date and time of board meeting 26-10-2026   15:15:00
End date and time of board meeting 26-10-2026   15:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,56,300.00 7,45,300.00
Other income 4,600.00 18,500.00
Total income 3,60,900.00 7,63,800.00
2 Expenses
(a) Cost of materials consumed 61,600.00 1,26,000.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (8,800.00) (23,600.00)
(d) Employee benefit expense 24,600.00 49,100.00
(e) Finance costs 13,000.00 27,700.00
(f) Depreciation, depletion and amortisation expense 36,300.00 72,400.00
(f) Other Expenses
1 Power and fuel 87,400.00 1,72,500.00
2 Freight charges-on finished goods 66,700.00 1,40,000.00
3 Freight charges-on internal clinker transfer 7,800.00 20,600.00
4 Other Expenses 67,700.00 1,30,900.00
Total other expenses 2,29,600.00 4,64,000.00
Total expenses 3,56,300.00 7,15,600.00
3 Total profit before exceptional items and tax 4,600.00 48,200.00
4 Exceptional items (33,900.00) (52,100.00)
5 Total profit before tax (29,300.00) (3,900.00)
6 Tax expense
7 Current tax 1,200.00 2,600.00
8 Deferred tax (9,700.00) (4,900.00)
9 Total tax expenses (8,500.00) (2,300.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (20,800.00) (1,600.00)
12 Profit (loss) from discontinued operations before tax 500.00 500.00
13 Tax expense of discontinued operations 200.00 200.00
14 Net profit (loss) from discontinued operation after tax 300.00 300.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (20,500.00) (1,300.00)
17 Other comprehensive income net of taxes (5,100.00) (5,600.00)
18 Total Comprehensive Income for the period (25,600.00) (6,900.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (20,700.00) (1,900.00)
Total profit or loss, attributable to non-controlling interests 200.00 600.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (25,800.00) (7,500.00)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 200.00 600.00
21 Details of equity share capital
Paid-up equity share capital 3,800.00 3,800.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -11.18 -1.16
Diluted earnings (loss) per share from continuing operations -11.18 -1.16
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.15 0.15
Diluted earnings (loss) per share from discontinued operations 0.15 0.15
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -11.03 -1.01
Diluted earnings (loss) per share from continuing and discontinued operations -11.03 -1.01
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. For notes on Financial Results, please refer PDF file uploaded on Stock Exchanges. 2. Share of profit of joint ventures accounted for using equity method includes Rs. 0 Cr for the quarter and half year ended. 3. Current tax expense includes Rs. 0 Cr for “tax adjustment for earlier year” for the quarter and half year ended. 4. Income tax expenses for items that will be classified to profit or loss under other comprehensive income include Rs. (0) Cr for the quarter ended. 5. Other comprehensive income/loss attributable to non controlling interest is Rs. (0) Cr for the quarter and half year ended. Cash Flows Notes:- 1. Other adjustments to reconcile profits (loss) includes Rs. 5 Cr of “profit from discontinued operation”. 2. Other adjustments for non-cash items includes exceptional item of Rs. 521 Cr, bad debt/ advances written off Rs. 3 Cr and Rs.(0) Cr for share of profit in joint venture. 3. Adjustments for interest income includes interest income of Rs. (33) Cr and interest income on government grant of Rs. (9) Cr. 4. Other adjustments for which cash effects are investing or financing cash flow includes Rs. (35) Cr for Change in fair value of investments measured at FVTPL, Profit on sale of investments of Rs. (73) Cr, Profit on disposal of property, plant and equipment of Rs. (15) Cr. 5. Other cash payments to acquire equity or debt instruments of other entities includes Rs. (27) Cr for purchase of non-current investments. 6. Proceeds from borrowings includes proceeds from long term borrowings of Rs. 2,423 Cr and short-term borrowing of Rs. 549 Cr. 7. Adjustments for provisions, current includes current and non-current provisions 8. Adjustments for other financial assets, non-current includes current and non-current assets 9. Cash flows used in obtaining control of subsidiaries or other businesses include amount paid for acquisition of business of Rs. 2,850 Cr and deposit given for acquisition of business undertaking of Rs. 100 Cr. 10. Other cash receipts from sale of equity or debt instruments of other entities are Rs. 1,445 Cr. 11. Other inflows (outflows) of cash include Fixed deposit placed of Rs. (52) Cr. 12. Interest paid includes interest on lease liabilities of Rs. (27) Cr.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 17,63,500.00
Capital work-in-progress 5,19,300.00
Investment property 4,100.00
Goodwill 37,400.00
Other intangible assets 1,94,100.00
Intangible assets under development 59,400.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 200.00
Non-current financial assets
Non-current investments 81,800.00
Trade receivables, non-current 0.00
Loans, non-current 2,300.00
Other non-current financial assets
1 Other financial assets 78,800.00
Total of other non-current financial assets 78,800.00
Total non-current financial assets 1,62,900.00
Deferred tax assets (net) 5,000.00
Other non-current assets
1 Income tax assets (net) 9,300.00
2 Other non-current assets 92,600.00
Total of other non-current assets 1,01,900.00
Total non-current assets 28,47,800.00
2 Current assets
Inventories 1,60,200.00
Current financial asset
Current investments 3,69,400.00
Trade receivables, current 85,800.00
Cash and cash equivalents 8,900.00
Bank balance other than cash and cash equivalents 6,200.00
Loans, current 1,600.00
Other current financial assets
Total of other current financial assets 45,400.00
Total current financial assets 5,17,300.00
Current tax assets (net) 100.00
Other current assets
1 Other current assets 1,18,000.00
Total of other current assets 1,18,000.00
Total current assets 7,95,600.00
3 Non-current assets classified as held for sale 100.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 36,43,500.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,800.00
Other equity 17,97,300.00
Total equity attributable to owners of parent 18,01,100.00
Non controlling interest
Total equity 18,01,100.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 8,43,200.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilities 63,900.00
2 Other financial liabilities 100.00
Total of other non-current financial liabilities 64,000.00
Total non-current financial liabilities 9,07,200.00
Provisions, non-current 37,600.00
Deferred tax liabilities (net) 2,18,500.00
Deferred government grants, Non-current 20,100.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 11,83,400.00
Current liabilities
Current financial liabilities
Borrowings, current 1,15,000.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 11,400.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,32,900.00
Total Trade payable 1,44,300.00
Other current financial liabilities
1 Lease liabilities 6,300.00
2 Other financial liabilities 2,82,600.00
Total of other current financial liabilities 2,88,900.00
Total current financial liabilities 5,48,200.00
Other current liabilities 83,600.00
1 Other current liabilities 83,600.00
Total of other current liabilities 83,600.00
Provisions, current 13,400.00
Current tax liabilities (Net) 11,400.00
Deferred government grants, Current 2,400.00
Total current liabilities 6,59,000.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 18,42,400.00
Total equity and liabilites 36,43,500.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1. Other equity include non-controlling interest of Rs. 150 Cr. 2. Property, plant and equipment includes right of use assets of Rs. 887 Cr. 3. Biological assets other than bearer plants is Rs. 0 Cr.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-mesurement gain/ (loss) on defined benefit plans 100.00 100.00
2 Changes in fair value of financial instruments through other comprehensive income (5,200.00) (5,400.00)
Total Amount of items that will not be reclassified to profit and loss (5,100.00) (5,300.00)
2 Income tax relating to items that will not be reclassified to profit or loss 100.00 (400.00)
3 Amount of items that will be reclassified to profit and loss
1 Net movement on effective portion of cash flow hedge 100.00 (900.00)
Total Amount of items that will be reclassified to profit and loss 100.00 (900.00)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 (200.00)
5 Total Other comprehensive income (5,100.00) (5,600.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (3,900.00)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 27,900.00
Adjustments for decrease (increase) in inventories (37,300.00)
Adjustments for decrease (increase) in trade receivables, current 400.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (32,000.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (9,200.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 72,400.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss (100.00)
Adjustments for provisions, current (6,100.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (200.00)
Adjustments for dividend income 2,200.00
Adjustments for interest income 4,200.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (12,300.00)
Other adjustments to reconcile profit (loss) 500.00
Other adjustments for non-cash items 52,400.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 50,000.00
Net cash flows from (used in) operations 46,100.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (1,100.00)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 47,200.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 2,95,000.00
Other cash receipts from sales of equity or debt instruments of other entities 1,44,500.00
Other cash payments to acquire equity or debt instruments of other entities 2,700.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 3,300.00
Purchase of property, plant and equipment 1,42,000.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 2,200.00
Interest received 2,100.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,200.00)
Net cash flows from (used in) investing activities (2,92,800.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,97,200.00
Repayments of borrowings 11,600.00
Payments of lease liabilities 3,800.00
Dividends paid 9,400.00
Interest paid 39,100.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,33,300.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (12,300.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (12,300.00)
Cash and cash equivalents cash flow statement at beginning of period 21,200.00
Cash and cash equivalents cash flow statement at end of period 8,900.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/S WALKER CHANDIOK & CO LLP Yes 31-05-2028