Volume growth strong; soft pricing remains a key challenge

Company
26 Apr 2024
5 Min read 
  • Dalmia Bharat's 4QFY24 EBITDA declined 7% YoY to INR6.5b.
  •  Management expects weak cement prices in 1HFY25 due to general elections and monsoons.
  •  Acquisition of JPAs cement assets is delayed, affecting valuation multiples.
  •  Volume growth strong, but soft pricing remains a key challenge.
  •  Financial snapshot shows sales, EBITDA, and adjusted PAT estimates for FY24-FY26.
  •  Valuations appear attractive at 11x/9x FY25E/FY26E EV/EBITDA.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority