Dalmia Bharat Limited (DALBHARAT) - Net Assets

Latest as of September 2025: Rs179.55 Billion INR ≈ $1.94 Billion USD

Based on the latest financial reports, Dalmia Bharat Limited (DALBHARAT) has net assets worth Rs179.55 Billion INR (≈ $1.94 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs315.13 Billion ≈ $3.41 Billion USD) and total liabilities (Rs135.58 Billion ≈ $1.47 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 asset resilience ratio of Dalmia Bharat Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs179.55 Billion
% of Total Assets	56.98%
Annual Growth Rate	122.56%
5-Year Change	38.2%
10-Year Change	230.42%
Growth Volatility	520995.92

Dalmia Bharat Limited - Net Assets Trend (2009–2025)

This chart illustrates how Dalmia Bharat Limited's net assets have evolved over time, based on quarterly financial data. Also explore DALBHARAT asset base for the complete picture of this company's asset base.

Annual Net Assets for Dalmia Bharat Limited (2009–2025)

The table below shows the annual net assets of Dalmia Bharat Limited from 2009 to 2025. For live valuation and market cap data, see Dalmia Bharat Limited (DALBHARAT) total market value.

Year	Net Assets	Change
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 6898001708500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs68.98 Billion	39.70%
Common Stock	Rs380.00 Million	0.22%
Other Comprehensive Income	Rs30.78 Billion	17.72%
Other Components	Rs73.60 Billion	42.36%
Total Equity	Rs173.74 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
Lepu Medical Tech Beijing SHE:300003	$3.87 Billion
Tanger Factory Outlet Centers Inc NYSE:SKT	$3.87 Billion
Wuchan Zhongda Group Co Ltd SHG:600704	$3.87 Billion
Abercrombie & Fitch Company NYSE:ANF	$3.88 Billion
Bill Com Holdings Inc NYSE:BILL	$3.87 Billion
CSSC Offshore & Marine Engineering Group Co Ltd SHG:600685	$3.86 Billion
Industrias CH S. A. B. de C. V MX:ICHB	$3.86 Billion
Wonik Ips Co. Ltd KQ:240810	$3.86 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 2024 to 2025, total equity changed from 163,970,000,000 to 173,740,000,000, a change of 9,770,000,000 (6.0%).
Net income of 6,830,000,000 contributed positively to equity growth.
Dividend payments of 1,690,000,000 reduced retained earnings.
Other comprehensive income increased equity by 4,640,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs6.83 Billion	+3.93%
Dividends Paid	Rs1.69 Billion	-0.97%
Other Comprehensive Income	Rs4.64 Billion	+2.67%
Other Changes	Rs-10.00 Million	-0.01%
Total Change	Rs-	5.96%

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: 2.06x
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 640987.21x to 2.06x 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	Rs1906.30	x
2010-03-31	Rs0.01	Rs1906.30	x
2011-03-31	Rs171.11	Rs1906.30	x
2012-03-31	Rs178.07	Rs1906.30	x
2013-03-31	Rs65.81	Rs1906.30	x
2014-03-31	Rs70.35	Rs1906.30	x
2015-03-31	Rs75.78	Rs1906.30	x
2016-03-31	Rs301.66	Rs1906.30	x
2017-03-31	Rs241.19	Rs1906.30	x
2018-03-31	Rs246.15	Rs1906.30	x
2019-03-31	Rs551.13	Rs1906.30	x
2020-03-31	Rs546.31	Rs1906.30	x
2021-03-31	Rs672.33	Rs1906.30	x
2022-03-31	Rs837.29	Rs1906.30	x
2023-03-31	Rs810.80	Rs1906.30	x
2024-03-31	Rs874.32	Rs1906.30	x
2025-03-31	Rs926.45	Rs1906.30	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): 3.93%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.89%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.74x
Recent ROE (3.93%) is below the historical average (9.40%), 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

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: $42,639,680,444
Average return on equity (ROE) among peers: 18.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dalmia Bharat Limited (DALBHARAT)	Rs179.55 Billion	4.79%	0.76x	$3.87 Billion
ACC Limited (ACC)	$73.75 Billion	14.36%	0.62x	$2.89 Billion
Ambuja Cements Limited (AMBUJACEM)	$56.71 Billion	24.50%	0.38x	$11.87 Billion
Birla Corporation Limited (BIRLACORPN)	$26.27 Billion	6.67%	0.90x	$757.42 Million
Grasim Industries Limited (GRASIM)	$162.79 Billion	21.02%	0.71x	$20.50 Billion
Global Surfaces Limited (GSLSU)	$644.84 Million	32.51%	1.00x	$26.18 Million
HeidelbergCement India Limited (HEIDELBERG)	$14.70 Billion	11.41%	0.81x	$389.25 Million
IFGL Refractories Limited (IFGLEXPOR)	$784.40 Million	33.45%	1.94x	$147.97 Million
The India Cements Limited (INDIACEM)	$34.59 Billion	3.37%	1.49x	$1.33 Billion
JK Cement Limited (JKCEMENT)	$13.51 Billion	16.62%	1.20x	$4.42 Billion

About Dalmia Bharat Limited

NSE:DALBHARAT India Building Materials

Market Cap

$3.87 Billion

Rs357.56 Billion INR

Market Cap Rank

#4230 Global

#178 in India

Share Price

Rs1906.30

Change (1 day)

-2.23%

52-Week Range

Rs1746.10 - Rs2476.20

All Time High

Rs2476.20