Dalmia Bharat Refractories Limited
DBRL was originally formed due to an amalgamation of the refractory business of Dalmia group under different entities. Later, its refractory business was sold to RHI Magnesita India Limited. The company also sold its entire shareholding in its subsid...
Key Metrics
EPS
21.76
Current ratio
1.90
Debt/Equity
0.59
Debt/EBITDA
4.52
Interest coverage ratio
0.57
Operating Cashflow to total debt
0.37
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Strong Financial Flexibility
Financially strong promoter group
Established track record in refractory business
Liquidity: Strong
Cons
New entrant in a highly competitive tyre Industry
Modest scale of operations
Modest operating profitability expected
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About Dalmia Bharat Refractories Limited bond.
This comprehensive profile covers key factual information about Dalmia Bharat Refractories Limited. DBRL was originally formed due to an amalgamation of the refractory business of Dalmia group under different entities. Later, its refractory business was sold to RHI Magnesita India Limited. The company also sold its entire shareholding in its subsidiary Dalmia GSB to RHI Magnesita Deutschland AG. The stake of Dalmia Cement (Bharat) Limited in the company has been transferred to Sarvapriya Healthcare Solutions Private Limited, which is part of the same promoter group. DBRL has announced that the resolution plan submitted by it along-with Himadri Speciality Chemicals Limited as a strategic partner for the acquisition of BTL under Corporate Insolvency Resolution Process was approved by the Honourable NCLT on October 19, 2023. Furthermore, the company manufactures refractory from the recently leased DMC unit from DBSIL. EPS in Mar-2021 was 21.76. Current ratio in Mar-2021 was 1.90. Debt/Equity in Mar-2021 was 0.59. Debt/EBITDA in Mar-2021 was 4.52. Interest coverage ratio in Mar-2021 was 0.57. Operating Cashflow to total debt in Mar-2021 was 0.37. Total revenue for Mar-2021 was ₹398.00. Net income for Mar-2021 stood at ₹3.97. Total assets as of Mar-2021 were ₹554.00. Operating cash flow for Mar-2021 was ₹53.00. The company’s borrowing relationships include LT/ST (₹N/A Cr). Peers and comparison entities consist of Dalmia Bharat Refractories Limited, RHI Magnesita, Vesuvius India, Raghav Product., IFGL Refractori., Morganite Crucib, Orient Ceratech. Key strengths include: Strong Financial Flexibility; Financially strong promoter group; Established track record in refractory business ; Liquidity: Strong. Key risks include: New entrant in a highly competitive tyre Industry; Modest scale of operations; Modest operating profitability expected. Leadership team details include Deepak Ambadas Thombre (The Chairman of the Board and a non-executive independent director. He previously served as the MD and CEO of Dalmia Refractories Limited.), Dr. Chandra Narain Maheshwari (The Whole Time Director and CEO.), Raj Kamal Saraogi (A non-executive independent director.), Prakash Dalmia (An executive director.), Rachna Goria (A director.), Raja Sekhar Pyla (The Company Secretary.), Chandrasekaran Nagaratnam (A director.), Leena Rawal (A director.), Sameer Nagpal (The Managing Director and CEO.). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.