Dalmia Bharat - Gearing For The Next Phase Of Growth, Cost Headwinds A Concern: Axis Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.Dalmia Bharat Cement Ltd. – a wholly-owned subsidiary of Dalmia Bharat Ltd., added 5.15 million tonnes per annum of grinding capacity (2.25 mtpa at Dalmia DSP unit-II, near Cuttack (Odisha) and 2.9 mtpa at Murli Plant in Maharashtra) during the year. The said expansion increased its total capacity to 35.9 mtpa in FY22 from 30.75 mtpa in FY21. Dalmia Bharat also doubled its renewable power capacity to 63 megawatt in FY22 from 32 mw in FY21. Furthermore, it has added 32 mw of thermal power through the acquisition of Murli Industries Ltd. The company expended Rs 1,988 crore on capex in FY22. It lowered its gross debt by 586 crore to Rs 3,140 crore in FY22 through pre-payments and repayments of various term loans, non-convertible debentures, short-term loans, and buyer’s credit. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dalmia Bharat - Gearing For The Next Phase Of Growth, Cost Headwinds A Concern: Axis Securities

Dalmia Bharat - Gearing For The Next Phase Of Growth, Cost Headwinds A Concern: Axis Securities

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