Sustained overcapacity and price weakness
Industry capacity utilization ~70% and new capacity additions may keep pricing under pressure.
DALBHARAT / Q3-FY26 / risks
Keep the risk register visible.
Dalmia Bharat · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
high
ED investigation on Kadapa project
Management provided no update on ED reply; outcome uncertain.
Potential delays in Jaisalmer project due to Great Indian Bustard clearance
Analyst raised concern; management said they haven't heard of any delays.
One-off marketing spend impacting cost savings visibility
Extra ₹20-23 crore marketing spend in Q3 may distort underlying cost trends.