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Sustaining Cost Leadership

FY22 Highlights

• Volume increased 7.3% YOY to 22.2MnT
• Revenue increased 11.6% YOY to Rs. 11,286Cr
• EBITDA Margin stood at 21.5%
• EBITDA/T stood at Rs. 1,091/T
• Installed capacity increased by 17% to 35.9MnT
• Commercialization of2.9 MnTMurlicement plant at Maharashtra
• Doubled Renewable power capacity to 62 MW
• Completed Restructuring of Refractory businesses

New Delhi, May9^th, 2022: Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial resultsfor the quarter and full year ending March 31, 2022.

1. Highlights for the Quarter and Full Year ended March 31, 2022

(Figures in Rs. Cr.)

*Includes both continuing and discontinued operations

Commenting on the year gone by, Mr. Puneet Dalmia, Managing Director – Dalmia Bharat Limited, said, “With an objective to create a globally respected professional organization we have, during the year, undertaken several transformation measures from laying down a formal capital allocation framework, formalizing our growth target of 110-130Mnt, appointing Big five as Internal & Statutory auditors, to creating a formal risk management policy and framework amongst several other initiatives.” He further added, “Though the year witnessed unprecedented cost challenges and demand volatility, we have done exceedingly well in our growth and transformation journey. We remain excited about the tremendous opportunity ahead and the company is on a clear path of accelerated growth backed by sustainable business investments, strong Balance Sheet and an exceptionally dedicated team.”

Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited said, “Through proactive cost containment measures, our teams have successfully mitigated the adverse inflationary impact and delivered one of the lowest total cost per ton of cement alongside a volume growth in-line with the industry. The recent strong recovery in demand and prices across all our operating regions is highly encouraging. While the margins may continue to remain under pressure, we are undertaking proactive measures to retain our cost leadership and deliver sustainable earnings growth. We continue to be on track to reach capacity of 48.5 million ton by March ’24.

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