2 weeks Ago By Mihika Barve
Dalmia Bharat Ltd. announced a strategic investment of Rs 3,520 crore to set up clinker and grinding units in the state of Karnataka and Maharashtra, along with its fourth quarter earnings. The rational behind this investment is to cater to the underserved Southern Maharashtra market, as well as the untapped Western Maharashtra markets.
New Capacity The strategic investment that the company has announced will be used to set up the following units:A clinker unit with an annual capacity of 3.6 million tonnes at an existing Belgaum plant in Karnataka. A 3 million tonne per annum capacity grinding unit at an existing Belgaum plant in Karnataka.
A new 3 million tonne per annum split grinding unit in Pune, Maharashtra. Dalmia Bharat Q4 Results: Profit Rises 38% To Beat Estimates; Dividend Of Rs 5 DeclaredCement Capacity DetailsAs of FY25, Dalmia Bharat's total cement capacity stood at 49.5 MTPA, a 6.
2% increase from the 46.6 MTPA capacity at the end of December 2024. The new capacities proposed to be set up will help take the company's total cement capacity to 55.
5 MTPA by FY27.Clinker Capacity DetailsThe company's clinker capacity as of FY25 stood at 23.5 MTPA; 44% of this capacity was based in the South, while 35% is situated in the East.
By FY27, the company's clinker capacity target stands at 30.7 MTPA. While the East and West based clinker capacities will be at same level as FY25 at 8.
3 MTPA and 2.1 MTPA, the company will be expanding its South and North East clinker capacity. The South based capacity will increase from 10.
4 MTPA to 14 MTPA, and the North East capacity will increase from 2.7 MTPA to 6.3 MTPA, Stock Market Live: GIFT Nifty Indicates Muted Open; Bajaj Housing, Biocon, LTIMindtree, NHPC Shares In Focus.
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