Dalmia Bharat Limited reported significant operational highlights for Q3FY22, including the commercialization of its Murli plant and the strategic sale of its retail business, while emphasizing sustainability and growth in the cement industry.

Information on the Target

Dalmia Bharat Limited (DBL), founded in 1939 and headquartered in New Delhi, is a prominent player in India's cement industry. It currently ranks as the fourth-largest cement manufacturing company in India, boasting an impressive installed capacity of 35.9 million tonnes (MnT). The company operates across 10 states and maintains 14 manufacturing facilities, with a specialization in super-specialty cement, including products for oil wells, railway sleepers, and airstrips. Notably, Dalmia Cement (Bharat) Limited is recognized for having one of the lowest carbon footprints in the global cement sector.

As part of its sustainability commitment, DBL is the first cement company to join initiatives such as RE100, EP100, and EV100, showcasing its leadership in the clean energy transition. The company has made strides in expanding its production capabilities, as evidenced by the recent commercialization of its 2.9 MnT Murli cement plant in Maharashtra, marking its entry into the western Indian market.

Industry Overview in India

The Indian cement industry is a significant contributor to the economy, accounting for around 8% of the nation's total carbon dioxide emissions. As India continues its development, the demand for cement is expected to grow, particularly due to infrastructure projects su