Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Cementing a Green Future

Posted On: 2019-10-20 09:49:44


Dalmia Bharat Limited announced its unaudited consolidated financial results for the Quarter and half year ended September 30, 2019.

Key Highlights:

- The capacity addition in East is on track
- Incentive received Rs. 77 Cr during Q2FY20 and Rs. 198 Cr for H1FY20
- Repayment of gross debt of Rs. 218 Cr during Q2FY20 and Rs. 622 Cr in H1FY20
- On Murli Industries matter, while we received a favourable order from NCLT in July 2019, we are still working on getting the reinstatement of incentives and mining leases from respective authorities

- Only cement company globally to be invited to speak at Climate Action Summit at UN General Assembly in September 2019 in New York

Operational Performance

The company achieved an EBITDA/T of Rs. 1039/T during Q2FY20. Volume growth achieved was 8% YOY in Q2FY20 and 4% YOY in H1FY20.

The variable cost for the company has improved YOY both on account of raw material and power & fuel. Even on account of freight costs, there has been some moderate savings due to channel & route optimization.

At the industry level, owing to general elections in Q1FY20 and monsoons during a large part of Q2FY20, the volume growth has been soft versus expectations & estimates. Henceforth we expect some strengthening of demand post the festive season.

Outlook

Basis the continued focus of the Central government on infrastructure development, the outlook for demand growth in India continues to remain positive from H2FY20 onwards.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Federal Bank Ltd Q1FY21 consolidated PAT higher at Rs. 409.50 crore

Google to invest Rs. 33,737 crore in Jio Platforms Ltd

Indian Metals & Ferro Alloys Ltd postpones board meeting to July 27, 2020

Trigyn awarded - National Cooperative Purchasing Alliance (NCPA) - IT Services Contract

IFGL Refractories Ltd board to consider Q4FY20, FY2020 results, final dividend on July 18, 2020

Bandhan Bank Ltd reports Q1FY21 net profit of Rs. 549.81 crore

TCS Now Second Largest Among UK Software and IT Services Companies

Zydus Cadila receives final approval from USFDA for Betamethasone Dipropionate Ointment

Tata Consumer Products Ltd board to approve Q1FY21 results on Aug 4, 2020

Maruti Suzuki to proactively recall 134,885 units of WagonR and Baleno

NELCO Ltd board to approve quarterly results on July 31, 2020

Sonata Software Ltd board to announce 1st quarter results on Aug 10, 2020

Steel Strips Wheels Ltd bags news orders for mobile home market from USA

Havells India Ltd board to consider Q1FY21 results on July 27, 2020

Zydus starts the Human Dosing for Adaptive Phase I & II clinical trials

Chinese firm announces open offer to acquire shares of Thirdwave Financial Intermediaries Limited

Majesco Enables United Educators Digital Transformation Journey

Aarti Surfactants Ltd FY20 PAT at Rs. 2.09 crore

ICRA Limited Board approves audited financial results for Q4, FY2020

Oriental Hotels Ltd board to approve first quarter results on July 28, 2020

Indiamart Intermesh Ltd board to announce quarterly results on July 21, 2020

Bharti Infratel Ltd board to consider 1st quarter results on July 27, 2020

Monnet Ispat & Energy Ltd board to approve Q1FY21 results on July 21, 2020

ICRA Ltd Board approves Dividend of Rs. 27 for FY20

Vanguard and Infosys announce strategic partnership

India Ratings Downgrades HEG to 'IND AA-'/Stable

Prestige Estates subsidiary acquires equity stake in DB (BKC) Realtors Private Limited

Gujarat Hotels Ltd posts Rs. 0.87 crore PAT in Q1FY21

Oberoi Realty Ltd Q1FY21 consolidated PAT slides to Rs. 28.07 crore

YES Bank approves allocation of 3,415,384,614 Equity Shares to anchor investors

National Peroxide Ltd Board approves dividend of Rs. 12.50

Oberoi Realty Ltd board approves fund raising proposals

Suzlon Energy Limited allots 51,19,92,560 shares

CreditAccess Grameen Limited board to consider terms of NCD issue on July 17, 2020

IDFC First Bank Ltd board to announce Q1FY21 results on July 28, 2020

Oberoi Realty Ltd Q4FY20 consolidated PAT climbs to Rs. 250.96 crore

National Peroxide Ltd Q4FY20 net profit at Rs. 3.03 crore

AAI, BEL sign MoU for co-operation in Civil Aviation industry

Godrej Properties Ltd board to announce Q1FY21 results on Aug 5, 2020

Hero MotoCorp announced as the Title Partner of Hero Open

Opto Circuits India Ltd sinks to FY2020 loss of Rs. 1367.86 crore

Emami group completes stake sale in Emami Cement

ICICI Securities Ltd board to approve 1st quarter results on July 22, 2020

Chambal Fertilisers & Chemicals Ltd board to announce Q1FY21 results on July 29, 2020

Salasar Techno Engineering Ltd updates on tower supply agreement

Dhanlaxmi Bank Limited to exercise call option on bonds

Indo Amines Ltd board to consider Q4FY20 results on July 20, 2020

Paramount Communications Ltd posts consolidated PAT of Rs. 5 crore in Q4 FY20

Reliance Industrial Infrastructure Ltd Q1FY21 net profit at Rs. 2.05 crore

Delta Corp Ltd Q1FY21 consolidated loss at Rs. 28.24 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019