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DALMIA BHARAT REFRACTORIES LIMITED

  • www.dalmiabharat.com
  • Sector: Metals & Minerals
  • CHRYSEUM SCORE: 1.50/10.00
    ×

    DALMIA BHARAT REFRACTORIES LIMITED

    • Sector: Metals & Minerals
    • CHRYSEUM SCORE: 1.50/10.00

    Description: Dalmia Refractories is a pioneer in Alumino-Silicate refractories with a market share of over 50% in Alumina bricks used in manufacturing of cement.

    Evaluation is basis the latest financial year disclosures filed by the company

    Valuation

    Max Score: 3.50

    P/E of Company

    -25.51

    AVG P/E of Key Peer/s

    31.51

    Valuation Score

    0.00

    The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

    Growth

    Max Score: 3.50

    Sales Growth

    -29.27%

    PAT Growth

    NA

    ROE

    -1.51%

    Growth Score

    0.00

    The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

    Leverage

    Max Score: 1.50

    Debt / Equity

    0.32

    AVG Industry Debt / Equity

    0.16

    Leverage Score

    0.00

    Lower the Debt/Equity, higher the score.

    Management Quality

    Max Score: 1.50

    Board Structure & Composition

    1.00

    Related Party Transactions

    1.00

    Timely Disclosure

    1.00

    Management Score

    1.50

    This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹218.00 -4.00 (-1.80%)

As on 12 May, 2026
L 195.00 52 Week Range H 257.00
Company Description : Company is a pioneer in Alumino-Silicate refractories with a market share of over 50% in Alumina bricks used in manufacturing of cement.It is part of the Dalmia Bharat Group, one of India's oldest conglomerates
Company Overview
  • Name of Company DALMIA BHARAT REFRACTORIES LIMITED
  • Sector Metals & Minerals
  • ISIN INE200F01017
  • Scrip Code DALMIA BHARAT REFRACTORIES
  • CIN L24297TN1973PLC006372
  • Pan No AABCS5453M
  • Face Value 10
  • Price ₹ 218.00
  • No. of Shares outstanding 4.42 Cr.
  • Market Cap ₹ 963.56 Cr
Financials
  • Revenue from operations ₹ 106.29 Cr.
  • EBITDA ₹ 73.06 Cr.
  • EBITDA Margin % 68.74%
  • Profit After Tax ₹ -36.71 Cr.
  • PAT Margin % -18.41%
  • EPS -8.31
  • Stock P/E -26.23
  • Book Value Per Share 215.21
  • P/B 1.01
  • Debt/Equity 0.32
Other Key Statistics
  • 52 week High/Low 257.00/195.00
  • Dividend Per Share 1.50
  • Dividend Yield 0.69%
  • Sales Growth - 3 years -29.27%
  • EBITDA Growth - 3 years 15.48%
  • PAT Growth - 3 years NA
  • EPS Growth - 3 years NA
  • ROE -1.51%
  • ROCE 1.45%
  • Cash Equivalents 100.54
All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY25
Company Name Dalmia Bharat Refractories RHI Magnesita India Ltd Orient Ceratech Ltd
Listing Status Unlisted Listed Listed
Revenue from Operations 106.29 3,674.49 327.10
Total Income 199.37 3,700.56 330.95
Finance Cost 84.31 42.57 7.08
Depreciation & Amortization 26.07 199.92 14.38
Total Expenses 236.69 3,737.90 317.74
EBITDA 73.06 205.15 34.67
PAT -36.71 202.51 9.92
No. of Shares Outstanding 4.42 20.65 11.96
EPS (in ₹) -8.31 9.81 0.83
Share Capital 44.20 20.65 11.97
Total Net Worth 2,427.06 3,998.61 282.96
Total Assets 3,316.37 5,175.79 417.83
Total Debt 767.28 245.83 71.51
Key Metrics:
CMP* 251.00 480.00 51.28
Market Cap (In Cr.) 963.56 9,912.07 613.51
Market Cap/Sales 5.56 2.68 1.85
EPS (Earnings Per Share) -8.31 9.81 0.83
BVPS (Book Value Per Share) 549.11 193.64 23.65
P/E -30.22 48.95 61.85
P/BV 0.46 2.48 2.17
EBITDA Margin 68.74% 5.58% 10.60%
ROE -1.51% 5.06% 3.51%
ROA -1.11% 3.91% 2.37%
*Market Price in ₹ as on 12 May, 2026

Profit Loss

FY25 FY24 FY23 FY22 FY21
Revenue from operations 106.29 115.96 351.65 300.41 789.99
Y-o-Y Revenue Growth -8.34% -67.02% 17.06% -61.97% 75.51%
Other Income 93.08 63.08 13.21 0.79 7.52
Total Income 199.37 179.04 364.86 301.20 797.51
Total Expenses (Excludes Interest and Depreciation) 126.31 143.37 332.65 253.76 733.66
Operating Profit (After deducting Depreciation) -46.09 -51.66 -38.00 37.77 -0.16
OPM % -43.36 -44.55 -10.81 12.57 -0.02
EBITDA 73.06 35.67 32.21 47.44 63.85
Depreciation 26.07 24.25 57.00 8.88 56.49
EBIT 46.99 11.42 -24.79 38.56 7.36
Interest 84.31 13.85 4.07 3.94 10.58
EBT before Exceptional Items -37.32 -2.43 -28.86 34.62 -3.22
Prior period/Exceptional /Extra Ordinary Items 0.00 12.09 1,759.87 0.00 0.00
Profit before tax/EBT -37.32 9.66 1,731.01 34.62 -3.22
Tax -0.61 8.86 396.24 12.50 0.60
Net Profit -36.71 0.80 1,334.77 22.12 -3.82
Profit (loss) of minority interest 0.00 0.00 0.00 0.00 -0.49
Total profit (loss) for period -36.71 0.80 1,334.77 22.12 -3.33
EPS in Rs -8.31 0.18 301.98 5.00 -0.75
EPS Change % % -99.94% 5,939.67% -766.67% -101.33%
EBITDA Change % 104.82% 10.74% -32.10% -25.70% 28.47%
Profit growth % -99.94% 5,934.22% -679.06% -123.67%
ROCE 1.45% 0.36% -0.88% 3.60% 0.70%
ROE -1.51% 0.03% 48.30% 2.33% -0.36%
Debt / Equity Ratio 0.32 0.22 0.03 0.17 0.16
Sales growth 3Years -29.27% -47.25%
Sales growth 5Years -25.07%
Dividend per share 1.50 1.50 1.50 0.50

Balance Sheet

FY25 FY24 FY23 FY22 FY21
Share Capital 44.20 44.20 44.20 44.20 0.07
Reserves 2,382.86 2,567.53 2,719.05 907.05 925.49
Total shareholders' funds 2,427.06 2,611.73 2,763.25 951.25 925.56
Borrowings 767.28 576.83 89.39 158.65 150.16
Other Liabilities 29.37 38.40 324.72 143.21 73.31
Total Liabilities 889.31 667.13 700.16 584.60 434.35
Fixed Assets 284.51 299.40 345.47 276.69 282.98
Capital WIP 152.24 90.20 83.05 21.83 7.38
Investments 2,646.97 2,511.99 2,264.44 104.66 111.26
Other Assets 58.27 40.62 153.25 58.45 274.69
Total Assets 3.00 3,278.86 3,463.41 1,535.85 1,359.91
Cash Equivalents 100.54 251.49 220.38 53.80 100.19
Total Current liability 77.15 75.40 630.50 464.45 306.76
Total Assets -Total Current liabilty 3,239.22 3,203.46 2,832.91 1,071.40 1,053.15

Cash Flow

FY25 FY24 FY23 FY22 FY21
Net Cash from / (used in) Operating Activity -5.18 -322.55 143.12 19.56 75.65
Net Cash from / (used in) Investing Activity -266.14 -175.54 -131.68 -45.04 6.48
Net Cash from / (used in) Financing Activity 131.15 601.67 66.55 -19.09 -24.45
Net Inc/Dec In Cash And Cash Equivalents -140.17 103.58 77.99 -44.58 57.67

Share Holding Pattern

No. of Shares in Crs. % Holding
Promoters 3.31 74.99%
Non Promoters 1.11 25.01%

News

DALMIA BHARAT REFRACTORIES LIMITED

  • www.dalmiabharat.com
  • Sector: Metals & Minerals
  • CHRYSEUM SCORE: 1.50/10.00
    ×

    DALMIA BHARAT REFRACTORIES LIMITED

    • Sector: Metals & Minerals
    • CHRYSEUM SCORE: 1.50/10.00

    Description: Dalmia Refractories is a pioneer in Alumino-Silicate refractories with a market share of over 50% in Alumina bricks used in manufacturing of cement.

    Evaluation is basis the latest financial year disclosures filed by the company

    Valuation

    Max Score: 3.50

    P/E of Company

    -25.51

    AVG P/E of Key Peer/s

    31.51

    Valuation Score

    0.00

    The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

    Growth

    Max Score: 3.50

    Sales Growth

    -29.27%

    PAT Growth

    NA

    ROE

    -1.51%

    Growth Score

    0.00

    The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

    Leverage

    Max Score: 1.50

    Debt / Equity

    0.32

    AVG Industry Debt / Equity

    0.16

    Leverage Score

    0.00

    Lower the Debt/Equity, higher the score.

    Management Quality

    Max Score: 1.50

    Board Structure & Composition

    1.00

    Related Party Transactions

    1.00

    Timely Disclosure

    1.00

    Management Score

    1.50

    This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹218.00 -4.00 (-1.80%)

As on 12 May, 2026
L 195.00 52 Week Range H 257.00
Company Description : Company is a pioneer in Alumino-Silicate refractories with a market share of over 50% in Alumina bricks used in manufacturing of cement.It is part of the Dalmia Bharat Group, one of India's oldest conglomerates
Company Overview
  • Name of Company DALMIA BHARAT REFRACTORIES LIMITED
  • Sector Metals & Minerals
  • ISIN INE200F01017
  • Scrip Code DALMIA BHARAT REFRACTORIES
  • CIN L24297TN1973PLC006372
  • Pan No AABCS5453M
  • Face Value 10
  • Price ₹ 218.00
  • No. of Shares outstanding 4.42 Cr.
  • Market Cap ₹ 963.56 Cr
Financials
  • Revenue from operations ₹ 106.29 Cr.
  • EBITDA ₹ 73.06 Cr.
  • EBITDA Margin % 68.74%
  • Profit After Tax ₹ -36.71 Cr.
  • PAT Margin % -18.41%
  • EPS -8.31
  • Stock P/E -26.23
  • Book Value Per Share 215.21
  • P/B 1.01
  • Debt/Equity 0.32
Other Key Statistics
  • 52 week High/Low 257.00/195.00
  • Dividend Per Share 1.50
  • Dividend Yield 0.69%
  • Sales Growth - 3 years -29.27%
  • EBITDA Growth - 3 years 15.48%
  • PAT Growth - 3 years NA
  • EPS Growth - 3 years NA
  • ROE -1.51%
  • ROCE 1.45%
  • Cash Equivalents 100.54
All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY25
Company Name Dalmia Bharat Refractories RHI Magnesita India Ltd Orient Ceratech Ltd
Listing Status Unlisted Listed Listed
Revenue from Operations 106.29 3,674.49 327.10
Total Income 199.37 3,700.56 330.95
Finance Cost 84.31 42.57 7.08
Depreciation & Amortization 26.07 199.92 14.38
Total Expenses 236.69 3,737.90 317.74
EBITDA 73.06 205.15 34.67
PAT -36.71 202.51 9.92
No. of Shares Outstanding 4.42 20.65 11.96
EPS (in ₹) -8.31 9.81 0.83
Share Capital 44.20 20.65 11.97
Total Net Worth 2,427.06 3,998.61 282.96
Total Assets 3,316.37 5,175.79 417.83
Total Debt 767.28 245.83 71.51
Key Metrics:
CMP* 251.00 480.00 51.28
Market Cap (In Cr.) 963.56 9,912.07 613.51
Market Cap/Sales 5.56 2.68 1.85
EPS (Earnings Per Share) -8.31 9.81 0.83
BVPS (Book Value Per Share) 549.11 193.64 23.65
P/E -30.22 48.95 61.85
P/BV 0.46 2.48 2.17
EBITDA Margin 68.74% 5.58% 10.60%
ROE -1.51% 5.06% 3.51%
ROA -1.11% 3.91% 2.37%
*Market Price in ₹ as on 12 May, 2026

Profit Loss

FY25 FY24 FY23 FY22 FY21
Revenue from operations 106.29 115.96 351.65 300.41 789.99
Y-o-Y Revenue Growth -8.34% -67.02% 17.06% -61.97% 75.51%
Other Income 93.08 63.08 13.21 0.79 7.52
Total Income 199.37 179.04 364.86 301.20 797.51
Total Expenses (Excludes Interest and Depreciation) 126.31 143.37 332.65 253.76 733.66
Operating Profit (After deducting Depreciation) -46.09 -51.66 -38.00 37.77 -0.16
OPM % -43.36 -44.55 -10.81 12.57 -0.02
EBITDA 73.06 35.67 32.21 47.44 63.85
Depreciation 26.07 24.25 57.00 8.88 56.49
EBIT 46.99 11.42 -24.79 38.56 7.36
Interest 84.31 13.85 4.07 3.94 10.58
EBT before Exceptional Items -37.32 -2.43 -28.86 34.62 -3.22
Prior period/Exceptional /Extra Ordinary Items 0.00 12.09 1,759.87 0.00 0.00
Profit before tax/EBT -37.32 9.66 1,731.01 34.62 -3.22
Tax -0.61 8.86 396.24 12.50 0.60
Net Profit -36.71 0.80 1,334.77 22.12 -3.82
Profit (loss) of minority interest 0.00 0.00 0.00 0.00 -0.49
Total profit (loss) for period -36.71 0.80 1,334.77 22.12 -3.33
EPS in Rs -8.31 0.18 301.98 5.00 -0.75
EPS Change % % -99.94% 5,939.67% -766.67% -101.33%
EBITDA Change % 104.82% 10.74% -32.10% -25.70% 28.47%
Profit growth % -99.94% 5,934.22% -679.06% -123.67%
ROCE 1.45% 0.36% -0.88% 3.60% 0.70%
ROE -1.51% 0.03% 48.30% 2.33% -0.36%
Debt / Equity Ratio 0.32 0.22 0.03 0.17 0.16
Sales growth 3Years -29.27% -47.25%
Sales growth 5Years -25.07%
Dividend per share 1.50 1.50 1.50 0.50

Balance Sheet

FY25 FY24 FY23 FY22 FY21
Share Capital 44.20 44.20 44.20 44.20 0.07
Reserves 2,382.86 2,567.53 2,719.05 907.05 925.49
Total shareholders' funds 2,427.06 2,611.73 2,763.25 951.25 925.56
Borrowings 767.28 576.83 89.39 158.65 150.16
Other Liabilities 29.37 38.40 324.72 143.21 73.31
Total Liabilities 889.31 667.13 700.16 584.60 434.35
Fixed Assets 284.51 299.40 345.47 276.69 282.98
Capital WIP 152.24 90.20 83.05 21.83 7.38
Investments 2,646.97 2,511.99 2,264.44 104.66 111.26
Other Assets 58.27 40.62 153.25 58.45 274.69
Total Assets 3.00 3,278.86 3,463.41 1,535.85 1,359.91
Cash Equivalents 100.54 251.49 220.38 53.80 100.19
Total Current liability 77.15 75.40 630.50 464.45 306.76
Total Assets -Total Current liabilty 3,239.22 3,203.46 2,832.91 1,071.40 1,053.15

Cash Flow

FY25 FY24 FY23 FY22 FY21
Net Cash from / (used in) Operating Activity -5.18 -322.55 143.12 19.56 75.65
Net Cash from / (used in) Investing Activity -266.14 -175.54 -131.68 -45.04 6.48
Net Cash from / (used in) Financing Activity 131.15 601.67 66.55 -19.09 -24.45
Net Inc/Dec In Cash And Cash Equivalents -140.17 103.58 77.99 -44.58 57.67

Share Holding Pattern

No. of Shares in Crs. % Holding
Promoters 3.31 74.99%
Non Promoters 1.11 25.01%

News

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