DALMIABHARAT / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Dalmia Bharat · Analyst questions, management answers, and the quality of the response where the ledger is available.

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.

PositiveQ4-FY26 · 2026-04-14Back to quarter ↗

Questions audited

Answered directly

50%

Numeric claims

Consistency

—

Question ledger

What was answered, and how?

Amit Murka · Access Capital

partial

Volume outlook and market share loss

I think u as I've said earlier uh you know We want to look at a you know profitable volume growth this quarter. You know we had a shut we had a an expected breakdown in East India and we lost uh uh you know some volume on account of that.

Amit Murka · Access Capital

direct

Capacity target of 70-75 million tons

Now as I said I think our first milestone is you know by financial year 28 you want to be 75. um you know uh so we are continuing to work on that and um our long-term target also remains the same as we had outlined earlier there's no change

Amit Murka · Access Capital

direct

Cost inflation impact and guidance for Q1/Q2

Overall, if you were to see versus Q4 to Q1, we are expecting an impact of somewhere between 125 to 150 rupees per ton. But that is uh you know what's coming and uh you know something we have to handle.

Rajes Ravi · HDFC Securities

partial

Cost reduction achieved in FY26 and target for FY27

So you know actually we guided roughly I think four quart eight quarters ago you know on on the path we had to take we have lived that journey as we have shown you know if you were to look at Q4 to Q4 on a basis we looking at 125 130 rupees.

Rajes Ravi · HDFC Securities

direct

Breakdown of cost increase between packaging and fuel

I can give you an indication. I think the entire industry is looking at the same numbers. Packing would be somewhere between 80 to 90 bucks and the balance would be straight between logistics and power and fuel.

Rajes Ravi · HDFC Securities

direct

Capex guidance for FY27

we are looking at 3800 to 30 crores. Sorry 3200 to 3400 range.

Satya Jen · Ambbit Capital

declined

Options and ordering stage for 75 million ton target

I think we can't talk right now. Um you know we share with you whenever you know

Pratik Kumar · Jeff

declined

Clinker utilization and impact on volume growth

we don't share the capacity utilization for clinker and that we will not go there.

Pratik Kumar · Jeff

partial

Price increases covering cost inflation

Look, we we are in a dynamic world and you know, nobody knows uh you know what the cost inflation will be. But if I look at the first uh you know fortnight of April, so far whatever are the cost increases we've been able to pass on uh through the price increase and we are quite hopeful that this will sustain.

Shraan Sha · Dalat Capital

evasive

Quantify trade and non-trade price hikes in April

I think it's it's a moving number you know it's not that you know one market one price is stable but so overall as you know which has mentioned the pricing have happened and we are looking at recovering more than the cost that will be

Shraan Sha · Dalat Capital

evasive

Confidence in reaching 75 million ton target without new announcements

I would just say that you have to take confidence from our confidence to do this as I said you know this could be a couple of quarters here and there a couple of million tons here and there but just wait for you know us to come up with more announcement

Indrajit Agarwal · CLSA

partial

Demand trend in April and impact of price hikes

I think uh you know demand in April seem to be holding up u you know in cement we have usually seen based on our past experience that even if there is a slowdown uh it takes some time to uh you know feel the slowdown