Dalmia Bharat’s Stock Moves Analyzed

Dalmia Bharat’s stock price went down on Thursday because some experts lowered their predictions for how much money the company will make. The stock dropped as much as 1.8% to ₹2,190.3 per share. Even though it recovered a little, it was still 0.7% lower than the day before, while the rest of the stock market was going up.

Key Points

• Stock fell due to lowered earnings forecasts.
• Company revenue increased by 10.2% year-on-year.
• Net profit rose to ₹122 crore from ₹61 crore.
• EBITDA increased 17.8% to ₹602 crore.
• Analysts cut forecasts for future earnings.
• Stock is currently trading at 1x average volume.

Company Performance Details

Dalmia Bharat reported good results for the third quarter of the current financial year. Their profits were significantly higher – ₹122 crore – compared to ₹61 crore in the same period last year. The company’s sales also increased by 10.2% to ₹3,506 crore.

The company is doing better operationally. Their earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 17.8% to ₹602 crore. This means they’re making more money from their main business activities.

The company’s profit margins also improved, rising to 17.2% from 16.1% a year ago. This shows they are managing their costs effectively.

What the Experts Think

Some experts believe Dalmia Bharat’s stock will continue to rise if prices stay high. Emkay Global noted a 10% gain in the last month and suggested the rally could continue. However, because the earnings weren’t as strong as expected, some analysts reduced their predictions for the company’s future profits.

Emkay Global cut their estimates for the years 2026, 2027, and 2028 by 4% to 9%. They still recommend buying the stock (an “Add” rating) but lowered their target price to ₹2,350 from ₹2,450.

Other analysts, like PL Capital, became more cautious and downgraded the stock to “Hold.” They pointed out that rising shipping costs and higher raw material prices are hurting the company’s profits.

Risks and Concerns

Antique Stock Broking warned that Dalmia Bharat’s profits could be unstable because they operate mainly in areas that aren’t fully used. They also think the company’s debts will increase as they try to grow their business.

Because of these concerns, Antique Stock Broking cut its earnings forecasts for the years 2026 to 2028 by 4-6%. They still have a target price of ₹2,370.

Ultimately, understanding a company’s financial health is crucial for making smart investment choices.