Close 2026-08-21 1267 scanned A

DALBHARAT

Dalmia Bharat Limited
Construction MaterialsLarge capRs 35,720 crRs 25.7 cr traded a day
Close on 2026-08-21
1,880.00
−0.90%
52-week range31% of the way up
1,610.202,476.20
Market cap
35,720 cr
P/E (TTM)
37.5×
industry 30×
EPS (TTM)
50.16
Revenue YoY
+7.0%
Q1 FY27
Profit YoY
-51.4%
Net margin
4.9%
-5.9pt vs a year ago
Growth trend
+3.2pt
vs last quarter’s YoY
1 month
+1.4%
Below 52w high
31.7%
RSI (14)
60
Daily swing
1.9%
average true range
Volume
1.9×
vs 20-day average
Traded
Rs 26 cr
median day
Close200-day averageMaterial filing
2,0002,500Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
+2.06%
1 month
+1.36%
3 months
+5.29%
6 months
−8.79%
1 year
−21.74%

The read

written from the numbers on this page
The evidence leans negative3 supporting, 5 against, 2 worth knowing

Supporting

  • matches trading far more than usual, which has beaten the market by +0.45 points over 20 sessions across 52,251 past signals
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 7% year on year in the quarter ending 2026-06-30

Against

  • trading 2% below its 200-day average
  • down 22% over twelve months
  • 3 of the scans it matches have historically underperformed the market
  • net margin has narrowed from 7.0% to 4.9% across four quarters
  • priced at 37× earnings against an industry median of 30× — 26% above its peers

Worth knowing

  • the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
  • the rise is short covering rather than fresh buying, which historically runs out when the shorts are done
What would change this read: a close back above 1,920, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working1

Revenue rose 7.0% year on year, from Rs 3,636 cr to Rs 3,890 cr.

+7.0%Rs 3,636 crRs 3,890 cr
Needs watching3

Net profit -51.4% year on year, Rs 395 cr to Rs 192 cr.

-51.4%Rs 395 crRs 192 cr

Profit grew slower than revenue, -51.4% against +7.0%.

-51.4%+7.0%

Net margin fell from 10.9% to 4.9%.

10.9%4.9%
Every figure here is computed from the company’s own filings. Wording of 3 of these 4 lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, measured against zero
+2.1%1W+1.4%1M+5.3%3M-8.8%6M-21.7%1Y

What the scans say today

5 of 47 matched on 2026-08-21
DALBHARAT matches 5 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 2024-09-06
28×
median 42×
60×
now 37×
DALBHARAT trades at 37× trailing earnings, below its median of 42× over this window — 11% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
08-20
14:03
Other filing
1d+1.05d20d
08-05
17:43
Other filing
1d-0.85d+0.920d
07-28
17:27
Other filing
1d+0.35d-0.320d
07-28
17:22
Other filing
1d+0.35d-0.320d
07-24
13:48
Other filing
1d-2.45d-3.020d+2.2
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
3.1k3.2k4.1k3.6k3.4k3.5k4.2k3.9k1.6%10.9%4.9%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 7% against the same quarter a year earlier

Going against it

  • profit dropped 51% year on year
  • net margin narrowed from 9.3% to 4.9%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
3,89025419210.024.9%
Q4 FY26
2026-03-31 · consolidated
4,24544039420.779.3%
Q3 FY26
2025-12-31 · consolidated
3,5061741286.503.7%
Q2 FY26
2025-09-30 · consolidated
3,41731823912.597.0%
Q1 FY26
2025-06-30 · consolidated
3,63651839520.9410.9%
Q4 FY25
2025-03-31 · consolidated
4,09146743923.2010.7%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+4.9%
Versus 200-day average-2.1%
Below 52-week high-24.1%
Above 52-week low+16.8%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)59.7
Higher closes in last 53 of 5
Six-month return−8.79%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.94%
Volume versus 20-day1.9x
Median daily turnoverRs 25.7 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Covering
Price up, open interest down. Sellers are closing, not buyers arriving. Rallies built only on this tend not to last once the shorts are out.
Futures basis versus spot+0.27%
Open interest change-15.0%
Put / call ratio0.83
Put wall (support)1,920
Call wall (resistance)1,900
Max pain1,900
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Construction Materials · 16 classified companies
DALBHARAT trades at 37.5× trailing earnings against an industry median of 29.8× across 15 other classified companies in its industry — more expensive than them, by 26%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
ULTRACEMCO340,94538.7−2.84%−9.11%251.5
GRASIM225,12619.8+6.26%+19.00%251.1
AMBUJACEM103,00319.9−2.14%−26.93%111.9
SHREECEM87,60257.6−9.49%−19.05%47.3
JKCEMENT40,56743.2−7.37%−24.94%16.0
DALBHARAT35,72037.5+1.36%−21.74%25.7
ACC24,57912.9−1.99%−28.24%21.4
RAMCOCEM21,24532.9−1.75%−16.80%19.9
JSWCEMENT17,02023.6−5.83%−18.01%15.2
NUVOCO11,50229.8−11.00%−29.76%10.0
INDIACEM11,494124.3−9.14%−3.69%5.0
STARCEMENT7,86625.9−4.60%−34.23%3.4
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-195Breaking out of a tight range, Lost the 200-day line, Bullish engulfing, Closed at the day's high, MACD just turned positive