The old name of DALMIA BHARAT REFRACTORIES LIMITED was formerly DALMIA REFRACTORIES LIMITED. Pursuant to the Scheme of Amalgamation of Dalmia Refractories Limited (DRL) and GSB Refractories India Private Limited (GSB India) with Dalmia Bharat Refractories Limited (DBRL) and their respective shareholders and creditors ('Scheme'), as approved by the NCLT Chennai vide its Order dated 3rd February 2022, Equity Shareholders of Dalmia Refractories Limited (DRL) received the equity shares of DALMIA BHARAT REFRACTORIES LIMITED (DBRL), in the ratio of 768 equity shares of Rs. 10/- each in the DALMIA BHARAT REFRACTORIES LIMITED (DBRL) for every 100 equity shares of Rs. 10/- each held in DALMIA REFRACTORIES LIMITED (DRL) ('Fair Share Exchange Ratio'). The record date of the same was 11th March 2022.
Earlier it was known as Shri Nataraj Ceramics and Chemical Industries Limited. It is a part of Dalmia Bharat Group, one of India’s oldest conglomerates. Dalmia Refractories Limited is a pioneer in Alumino-Silicate refractories with a market share of over 50% in Alumina bricks used in the manufacturing of cement.
Today, the company is a preferred partner for the big Indian Cement Manufacturers. The product portfolio of the company includes Refractory Bricks for Cement Plant, Fire Clay Bricks, High Alumina Bricks, Special Quality Bricks, Conventional Castables, Low Cement Castables, Special Castables, and Ramming Masses & Mortars.
The Joint Venture of the company, Dalmia Seven offers advanced monolithic refractory solutions to customers in India. Also, through the recent acquisition of GSB Group of Germany, Dalmia Refractories is now the leading supplier of lances and snorkels to steelmakers in Europe. The company also executes supply and installation projects for various green- and brown-field projects for customers across the globe.
Dalmia Refractories Limited is headquartered in New Delhi and currently operates five manufacturing plants including the one in Germany. Dalmia Refractories Limited’s products are exported to places such as South America, Brazil, Argentina, Africa, the Middle East, Canada, Spain, etc.
The equity shares of Dalmia Refractories Limited were listed on the National Stock Exchange of India Limited. However, the trading in the equity shares of Dalmia Refractories Limited was suspended from National Stock Exchange. The company’s equity shares are still listed on the Metropolitan Stock Exchange of India Limited (‘MSEI’) and The Calcutta Stock Exchange Limited (‘CSE’).
Dalmia Refract Share Price, Share Details as of March 31, 2023
| Dalmia Refract Outstanding Shares | 44,200,107 |
| Face Value of Dalmia Refract Share | Rs. 10/- Per Equity Share |
| ISIN of Dalmia Refract Share | INE0EB001012 |
| Lot Size of Dalmia Refract Share | 100 |
| Dalmia Refract Share Price | Best In Industry |
| PAN Number of Dalmia Refract | AAKCS3708G |
| GST Number of Dalmia Refract | 33AAKCS3708G2ZF |
Dalmia Bharat Refractories Limited Incorporation Details
| CIN of Dalmia Bharat Refractories | L24297TN1973PLC006372 |
| Registration Date of Dalmia Bharat Refractories | 21 June 1973 |
| Category/Sub-category of Dalmia Bharat Refractories | Public Company Limited by Shares |
| Registered Office Address | Dalmiapuram, P.O. Kallakudi, Tiruchirapalli, Tamil Nadu-621651 |
| Contact | Tel No: 011-23457100 |
Principal Business Activities
| Name and Description of main products/services | NIC Code | % to the total turnover of the Company |
| Manufacture & sale of Refractories, Castables and Mortars | 2391 | 92.51% |
Board of Directors
| Name | Position |
| Mr. Sameer Nagpal | Managing Director |
| Mr. Raj Kamal Saraogi | Non-Executive Independent Director |
| Mr. Deepak Thombre | Independent Director |
| Mr. Chandra Narain Maheshwari | Non-Executive Director |
| Ms. Rachna Goria | Non-Executive Director |
Particulars of Subsidiaries and Joint Ventures
| Name of the Company | Joint Venture/Subsidiary | % of Shares Held |
| Dalmia Seven Refractories Limited | Subsidiary | 51% |
| Dalmia Mining and Services Pvt. Ltd. | Wholly Owned Subsidiary | 100% |
| OCL China Limited | Step Down Subsidiary | 90% |
| Dalmia GSB Refractories GmbH | Wholly Owned Subsidiary | 100% |
| Dalmia OCL Limited | Subsidiary | 100% |
| OCL Global Limited | Wholly Owned Subsidiary | 100% |
Cement Industry Outlook
The cement industry, a vital component of the construction sector, continues to experience steady growth. Increasing urbanisation, infrastructure development, and housing projects drive the demand for cement, making it an attractive opportunity for us. India Ratings & Research forecasts that cement demand will grow by up to 9% in the 2024 financial year that started in April 2023, due to continued government infrastructure spending. Despite mounting inflation and a large number of capital expenditure projects in progress, it expects cement company profits to recover due to slowing increases in energy costs, according to the Press Trust of India. The current prediction for the 2024 financial year follows a growth estimate of 9% in the 2023 financial year. We intend to leverage our expertise and resources to invest strategically in this industry, capturing market share and capitalising on the growing demand.
