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, 2025
| Dalmia Refract Outstanding Shares | 4,42,00,107 |
| 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% |
Shareholding Pattern of Dalmia Bharat Refractories(as on 31-03-2025)
| Particulars | 2025 | 2024 |
| Promoters | 3,31,47,379 | 74.99% |
| Others | 1,10,52,728 | 25.01% |
| Total | 4,42,00,107 | 100.00% |
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.
FAQ's on Dalmia Bharat Refractories
Q: What
is the face value of Dalmia Bharat Refractories Ltd shares?
Answer: The face value of Dalmia Bharat Refractories Ltd is ₹10 per
equity share.
Q: What
is the minimum lot size for buying Dalmia Bharat Refractories shares through
WWIPL?
Answer: The minimum lot size for Dalmia Bharat Refractories shares is
100 equity shares.
Q: How
can I buy Dalmia Bharat Refractories unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction
details with WWIPL, transfer funds, and receive shares directly in their Demat
account.
Q: Why
should I buy Dalmia Bharat Refractories shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and dedicated support throughout the investment process.
Q: Is
investing in Dalmia Bharat Refractories Ltd a good idea?
Answer: Investors often evaluate Dalmia Bharat Refractories based on its
strong position in the refractory industry, established relationships with
cement and steel manufacturers, and long-term industrial growth opportunities.
Q: Why do
investors buy Dalmia Bharat Refractories shares before a potential IPO?
Answer: Investors seek early exposure to a leading refractory solutions
provider before listing, aiming to participate in future value creation and
potential liquidity events.
Q: What
business does Dalmia Bharat Refractories Ltd operate in?
Answer: Dalmia Bharat Refractories manufactures and supplies refractory
products and solutions used in cement, steel, iron, non-ferrous metals, glass,
and other high-temperature industrial applications.
Q: What
makes Dalmia Bharat Refractories different from other unlisted industrial
companies?
Answer: The company is among India's leading refractory manufacturers
with expertise in high-alumina refractories and a strong presence across the
cement and steel industries.
Q: What
are the key growth drivers for Dalmia Bharat Refractories Ltd?
Answer: Growth in steel production, cement capacity expansion,
infrastructure development, industrial capex, and rising demand for specialized
refractory solutions are key growth drivers.
Q: What
factors affect the valuation of Dalmia Bharat Refractories shares?
Answer: Revenue growth, profitability, demand from steel and cement
sectors, raw material costs, capacity utilization, and industry outlook are
important valuation drivers.
Q: Are
Dalmia Bharat Refractories shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor's Demat account.
Q: Can I
sell my Dalmia Bharat Refractories shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted
shares, subject to market demand and share availability.
Q: What
documents are required to buy Dalmia Bharat Refractories shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
are the risks of investing in Dalmia Bharat Refractories shares?
Answer: Investors should consider cyclical demand from steel and cement
industries, raw material price volatility, industrial slowdown risks, and
liquidity constraints associated with unlisted shares.
Q: How
does WWIPL help investors track Dalmia Bharat Refractories investments?
Answer: WWIPL provides company updates, transaction assistance, market
information, and investment insights to help investors stay informed.
Q: How
long does it take for Dalmia Bharat Refractories shares purchased through WWIPL
to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account
after successful completion and verification of the transaction.
Q: What
should investors evaluate before investing in Dalmia Bharat Refractories Ltd?
Answer: Investors should assess the company's financial performance,
market position, profitability, customer base, valuation, and long-term growth
prospects.
Q: Can
Dalmia Bharat Refractories benefit from India's manufacturing and
infrastructure growth?
Answer: Yes. Rising investments in steel, cement, metals, and
infrastructure projects may create significant long-term growth opportunities
for the company and the refractory industry.
