Dalmia Bharat Limited (DALBHARAT) - Net Assets

Latest as of March 2026: Rs181.23 Billion INR ≈ $1.96 Billion USD

Based on the latest financial reports, Dalmia Bharat Limited (DALBHARAT) has net assets worth Rs181.23 Billion INR (≈ $1.96 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs333.12 Billion ≈ $3.60 Billion USD) and total liabilities (Rs151.89 Billion ≈ $1.64 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DALBHARAT strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs181.23 Billion
% of Total Assets	54.4%
Annual Growth Rate	112.77%
5-Year Change	15.0%
10-Year Change	304.11%
Growth Volatility	506430.96

Dalmia Bharat Limited - Net Assets Trend (2009–2026)

This chart illustrates how Dalmia Bharat Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Dalmia Bharat Limited stock valuation.

Annual Net Assets for Dalmia Bharat Limited (2009–2026)

The table below shows the annual net assets of Dalmia Bharat Limited from 2009 to 2026. Also explore DALBHARAT net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs181.23 Billion ≈ $1.96 Billion	+3.56%
2025-03-31	Rs175.00 Billion ≈ $1.89 Billion	+6.02%
2024-03-31	Rs165.07 Billion ≈ $1.79 Billion	+4.85%
2023-03-31	Rs157.44 Billion ≈ $1.70 Billion	-0.10%
2022-03-31	Rs157.59 Billion ≈ $1.70 Billion	+24.45%
2021-03-31	Rs126.63 Billion ≈ $1.37 Billion	+19.62%
2020-03-31	Rs105.86 Billion ≈ $1.14 Billion	-0.60%
2019-03-31	Rs106.50 Billion ≈ $1.15 Billion	+123.68%
2018-03-31	Rs47.61 Billion ≈ $514.91 Million	+6.17%
2017-03-31	Rs44.85 Billion ≈ $484.99 Million	-15.33%
2016-03-31	Rs52.96 Billion ≈ $572.77 Million	+326.69%
2015-03-31	Rs12.41 Billion ≈ $134.24 Million	+7.67%
2014-03-31	Rs11.53 Billion ≈ $124.68 Million	+7.55%
2013-03-31	Rs10.72 Billion ≈ $115.93 Million	-67.70%
2012-03-31	Rs33.19 Billion ≈ $358.90 Million	+4.13%
2011-03-31	Rs31.87 Billion ≈ $344.66 Million	+2152372.62%
2010-03-31	Rs1.48 Million ≈ $16.01K	+206.60%
2009-03-31	Rs482.92K ≈ $5.22K	--

Equity Component Analysis

This analysis shows how different components contribute to Dalmia Bharat Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 8227001708500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs82.27 Billion	45.76%
Common Stock	Rs380.00 Million	0.21%
Other Comprehensive Income	Rs23.54 Billion	13.09%
Other Components	Rs73.60 Billion	40.94%
Total Equity	Rs179.79 Billion	100.00%

Dalmia Bharat Limited Competitors by Market Cap

The table below lists competitors of Dalmia Bharat Limited ranked by their market capitalization.

Company	Market Cap
ARIS MNG.CORP. F:ZP1	$3.42 Billion
Sandstorm Gold Ltd N TO:SSL	$3.42 Billion
SEIKO EPSON CORP.ADR 1/2 F:SE7S	$3.43 Billion
Fujian Huoju Electronic SHG:603678	$3.43 Billion
PPB Group Bhd KLSE:4065	$3.42 Billion
Towne Bank NASDAQ:TOWN	$3.42 Billion
Ero Copper Corp TO:ERO	$3.42 Billion
Shenzhen Huaqiang Industry Co Ltd SHE:000062	$3.41 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dalmia Bharat Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 173,740,000,000 to 179,790,000,000, a change of 6,050,000,000 (3.5%).
Net income of 11,390,000,000 contributed positively to equity growth.
Dividend payments of 1,690,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 7,240,000,000.
Other factors increased equity by 3,590,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs11.39 Billion	+6.34%
Dividends Paid	Rs1.69 Billion	-0.94%
Other Comprehensive Income	Rs-7.24 Billion	-4.03%
Other Changes	Rs3.59 Billion	+2.0%
Total Change	Rs-	3.48%

Book Value vs Market Value Analysis

This analysis compares Dalmia Bharat Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.76x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 567382.79x to 1.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-03-31	Rs0.00	Rs1687.40	x
2010-03-31	Rs0.01	Rs1687.40	x
2011-03-31	Rs171.11	Rs1687.40	x
2012-03-31	Rs178.07	Rs1687.40	x
2013-03-31	Rs65.81	Rs1687.40	x
2014-03-31	Rs70.35	Rs1687.40	x
2015-03-31	Rs75.78	Rs1687.40	x
2016-03-31	Rs301.66	Rs1687.40	x
2017-03-31	Rs241.19	Rs1687.40	x
2018-03-31	Rs246.15	Rs1687.40	x
2019-03-31	Rs551.13	Rs1687.40	x
2020-03-31	Rs546.31	Rs1687.40	x
2021-03-31	Rs672.33	Rs1687.40	x
2022-03-31	Rs837.29	Rs1687.40	x
2023-03-31	Rs810.80	Rs1687.40	x
2024-03-31	Rs874.32	Rs1687.40	x
2025-03-31	Rs926.45	Rs1687.40	x
2026-03-31	Rs958.62	Rs1687.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dalmia Bharat Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 6.34%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.69%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.85x
Recent ROE (6.34%) is below the historical average (9.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	4.79%	0.00%	0.00x	28.65x	Rs-25.17K
2010	67.38%	0.00%	0.00x	1.14x	Rs849.65K
2011	1.79%	2.85%	0.32x	1.99x	Rs-2.28 Billion
2012	4.96%	6.16%	0.41x	1.95x	Rs-1.46 Billion
2013	14.91%	8.62%	0.76x	2.28x	Rs524.74 Million
2014	9.32%	5.55%	0.75x	2.25x	Rs-77.86 Million
2015	9.34%	5.05%	0.68x	2.73x	Rs-81.83 Million
2016	4.92%	8.93%	0.15x	3.62x	Rs-2.52 Billion
2017	1.20%	0.73%	0.93x	1.79x	Rs-3.94 Billion
2018	6.13%	3.40%	0.98x	1.83x	Rs-1.84 Billion
2019	2.90%	3.25%	0.46x	1.93x	Rs-7.56 Billion
2020	2.12%	2.32%	0.47x	1.95x	Rs-8.32 Billion
2021	9.27%	11.58%	0.46x	1.73x	Rs-916.00 Million
2022	5.20%	7.23%	0.45x	1.59x	Rs-7.53 Billion
2023	6.62%	7.64%	0.53x	1.63x	Rs-5.28 Billion
2024	5.04%	5.62%	0.53x	1.69x	Rs-8.14 Billion
2025	3.93%	4.89%	0.46x	1.74x	Rs-10.54 Billion
2026	6.34%	7.69%	0.44x	1.85x	Rs-6.59 Billion

Industry Comparison

This section compares Dalmia Bharat Limited's net assets metrics with peer companies in the Building Materials industry.

Industry Context

Industry: Building Materials
Average net assets among peers: $61,930,961,444
Average return on equity (ROE) among peers: 20.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dalmia Bharat Limited (DALBHARAT)	Rs181.23 Billion	4.79%	0.84x	$3.42 Billion
ACC Limited (ACC)	$31.73 Billion	39.07%	0.88x	$2.49 Billion
Ambuja Cements Limited (AMBUJACEM)	$252.80 Billion	6.00%	0.40x	$10.26 Billion
Birla Corporation Limited (BIRLACORPN)	$6.68 Billion	48.76%	1.20x	$674.76 Million
Grasim Industries Limited (GRASIM)	$189.25 Billion	12.04%	0.69x	$23.26 Billion
Global Surfaces Limited (GSLSU)	$1.34 Billion	26.59%	0.76x	$12.83 Million
HeidelbergCement India Limited (HEIDELBERG)	$15.65 Billion	16.12%	0.80x	$357.73 Million
IFGL Refractories Limited (IFGLEXPOR)	$9.34 Billion	8.30%	0.38x	$156.16 Million
The India Cements Limited (INDIACEM)	$35.37 Billion	11.94%	0.97x	$1.13 Billion
JK Cement Limited (JKCEMENT)	$15.22 Billion	11.47%	1.35x	$3.94 Billion

About Dalmia Bharat Limited

NSE:DALBHARAT India Building Materials

Market Cap

$3.42 Billion

Rs316.50 Billion INR

Market Cap Rank

#4538 Global

#195 in India

Share Price

Rs1687.40

Change (1 day)

-3.39%

52-Week Range

Rs1610.20 - Rs2476.20

All Time High

Rs2476.20