Dalmia Bharat vs India Cements: share price & financials comparison
NSE: DALBHARAT vs INDIACEM · Construction Materials · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Dalmia Bharat vs India Cements at a glance
Dalmia Bharat (DALBHARAT) has a market capitalisation of ₹28,346 Cr, against ₹10,809 Cr for India Cements (INDIACEM). Over the past year India Cements has returned -12.4%, compared with -27.2% for Dalmia Bharat. On valuation, Dalmia Bharat trades at a lower P/E of 57.8 versus 88.2. Dalmia Bharat earns a higher return on equity (2.7% vs 1.2%). Dalmia Bharat comes out ahead on size, profitability and growth. India Cements comes out ahead on financial health, momentum and technicals. Across the scored metrics below, Dalmia Bharat leads on 7 and India Cements on 8. On StoxGud's 10-point checklist, Dalmia Bharat scores 3/10 and India Cements scores 4/10.
| Metric | Dalmia Bharat | India Cements |
|---|---|---|
| Size | ||
| Market cap | ₹28,346 Cr | ₹10,809 Cr |
| Revenue (latest FY) | ₹14,804 Cr | ₹4,485 Cr |
| Net profit (latest FY) | ₹1,139 Cr | ₹-67 Cr |
| Valuation | ||
| P/E | 57.8 | 88.2 |
| P/B | 1.57 | 1.06 |
| Dividend yield | 0.60% | — |
| Profitability | ||
| Return on equity | 2.7% | 1.2% |
| Net profit margin | 3.2% | 2.7% |
| Operating margin | 18.4% | 11.8% |
| Growth | ||
| Revenue growth (YoY) | +4.3% | +2.2% |
| Revenue CAGR (multi-year) | +7.1% | -0.1% |
| Financial health | ||
| Debt to equity | 0.53 | 0.16 |
| Momentum | ||
| 1-month return | -9.8% | +16.5% |
| 1-year return | -27.2% | -12.4% |
| 3-year CAGR | -10.9% | +17.9% |
| 5-year CAGR | -6.8% | +11.2% |
| 10-year CAGR | — | +11.4% |
| Distance from 52W high | -33.2% | -27.1% |
| Technicals | ||
| RSI (14) | 40 | 68 |
| Price vs 200-day avg | -17.7% | -7.8% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Dalmia Bharat | India Cements |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 3/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Dalmia Bharat or India Cements?
Dalmia Bharat has a market cap of ₹28,346 Cr and India Cements has a market cap of ₹10,809 Cr as of 13 Nov 2026.
Which has a lower P/E, Dalmia Bharat or India Cements?
Dalmia Bharat has the lower P/E: Dalmia Bharat trades at 57.8 and India Cements at 88.2.
Which gave better returns in the last year, Dalmia Bharat or India Cements?
India Cements did better: Dalmia Bharat returned -27.2% and India Cements returned -12.4% over one year.
What is the difference between Dalmia Bharat and India Cements?
Both are NSE-listed companies in Construction Materials. Dalmia Bharat is about 2.6 times the size of India Cements by market cap. In the latest financial year Dalmia Bharat reported revenue of ₹14,804 Cr and India Cements ₹4,485 Cr. Operating margin is 18.4% for Dalmia Bharat and 11.8% for India Cements. Debt to equity is 0.53 for Dalmia Bharat and 0.16 for India Cements.
Which is better, Dalmia Bharat or India Cements?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Dalmia Bharat leads on 7 and India Cements on 8. Dalmia Bharat is ahead on size, profitability and growth. India Cements is ahead on financial health, momentum and technicals. On StoxGud's rules-based checklist Dalmia Bharat scores 3/10 and India Cements scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.