Integrated Annual Report2025-26
Head Office, Delhi, in Early 1950s
Kolkata Regional Office
Ad Published in Times of India in 1940
Dalmiapuram Residential Colony
Ad Published on 15th August 1947 in Times of India
Dalmiapuram Cement Plant
Hirakud Dam, Odisha
‘Shuttle by Dalmia Bharat’, a High Performance Center at Bhubaneswar, Odisha
Glassbridge, Kanyakumari, Tamil Nadu
Birsa Munda Hockey Stadium, Rourkela, Odisha
Dr. Bhupen Hazarika Bridge, Assam
Hollangi Airstrip, Arunachal Pradesh
Salt Lake Stadium, Kolkata, West Bengal
Ariyalur Plant, Tamil Nadu
Line 2, Rajgangpur, Odisha
Safdarjung Tomb, Delhi
DITI Centre, Rajgangpur, Odisha

In 1934, this discovery led to the establishment of the Dalmiapuram plant, commissioned in 1939 marking the beginning of Dalmia Cement’s manufacturing journey.

It was in the early 1930s when the visionary Late Shri Jaidayal Dalmia laid the foundation of what would become one of India’s most respected industrial enterprises. During a train journey through Tamil Nadu, an unexpected halt near Kallakudi led to the discovery of high-purity limestone deposits. Recognising the potential of this rare resource, Shri Dalmia transformed a moment of chance into an opportunity that would shape the future of Indian cement manufacturing.

In 1934, this discovery led to the establishment of the Dalmiapuram plant, commissioned in 1939 marking the beginning of Dalmia Cement’s manufacturing journey. Built on instinct, courage, and foresight, the plant became more than a factory; it became the starting point of a legacy dedicated to building Bharat

Guided by a strong sense of responsibility and progress, Shri Jaidayal Dalmia expanded operations across undivided India, including operations in Karachi. At a time when industrialisation in India was still evolving, these ventures represented modern infrastructure combined with a deep people-centric philosophy. The factories built during this period were not merely industrial units, they evolved into self-sustaining communities that supported education, healthcare, housing, and livelihoods for thousands of families.

As India achieved independence and embarked on its journey of nation-building, Dalmia Bharat stood ready to contribute to a new era of growth. On August 15, 1947, the Company released a full-page newspaper advertisement reflecting not only its corporate identity, but also its alignment with the aspirations of a young and independent Bharat.

In the decades that followed, Dalmia Bharat became deeply woven into the country’s infrastructure story, contributing to the construction of dams, roads, bridges, metros, stadiums, industrial hubs, and institutions that continue to power Bharat’s development journey. One of the defining chapters of this contribution came in the late 1940s, when the Government of Odisha invited Shri Jaidayal Dalmia to support the construction of the iconic Hirakud Dam across the Mahanadi River. Recognising the importance of the project for independent India, he established a cement plant in Rajgangpur, Odisha, laying the foundation of OCL and ensuring reliable cement supply for one of the country’s greatest engineering achievements.

The Hirakud Dam went on to transform Odisha by enabling irrigation, hydroelectric power generation, flood control, and economic development for millions. More importantly, it demonstrated how infrastructure could change lives and uplift communities, a belief that continues to guide Dalmia Bharat’s purpose. In the 1950s, the first truck of Konark Cement rolled out from the OCL factory, quietly beginning a legacy that became synonymous with trust and reliability across Eastern India. Over generations, Konark Cement became a part of homes, schools, institutions, and dreams earning the faith of contractors, dealers, and consumers alike. Even today, it continues to stand as a symbol of strength and trust, truly living up to its promise: Konark Cement, Khushiyon Ki Buniyaad.

Over the decades, Dalmia Bharat’s cement has contributed to some of Bharat’s most iconic infrastructure landmarks. From the Chennai Metro and Kochi Metro networks that are redefining urban mobility, to the Salt Lake Stadium in Kolkata and the iconic Vidyasagar Setu, the Company’s presence is embedded in projects that connect people and drive progress. Its contribution extends to the farthest corners of the country through projects like the Dr. Bhupen Hazarika Setu, India’s longest river bridge connecting Assam and Arunachal Pradesh, strengthening connectivity, commerce, and regional growth in the Northeast. The engineering marvel of the Pamban Bridge, linking mainland India to Rameswaram, further reflects Dalmia Bharat’s role in enabling complex infrastructure across diverse geographies.

Most recently, Dalmia Bharat contributed to the development of the Northeast’s first Emergency Landing Facility in Assam, strengthening strategic and defence infrastructure while reinforcing its continued role in building a resilient Bharat.

Nation-building demands not only scale, but also innovation. Throughout its journey, Dalmia Bharat has consistently anticipated emerging needs and developed specialised solutions for a rapidly evolving nation.

In 1973, the Company pioneered the manufacture of cement railway sleepers, replacing traditional wooden sleepers with a stronger, longer-lasting and more sustainable alternative. This innovation contributed to modernising railway infrastructure while reducing dependence on timber.

As India’s infrastructure ambitions expanded, Dalmia Bharat continued to develop specialised cement solutions designed for demanding applications, including airstrips, oil wells and other critical infrastructure projects. These innovations reflected the Company’s ability to combine engineering expertise with a deep understanding of the country’s evolving requirements.

The same spirit of innovation extends beyond products. From conceptualising ‘Shuttle’, a high-performance badminton academy uniquely designed in the shape of a shuttlecock, to developing advanced cement technologies that support complex infrastructure projects, Dalmia Bharat has consistently sought to blend engineering excellence with imagination.

Today, innovation also drives the Company’s sustainability agenda. Long before environmental responsibility became a business imperative, Dalmia Bharat began investing in resource efficiency, alternative fuels, renewable energy and low-carbon manufacturing technologies. This commitment has helped establish the Company among global leaders in CO₂ efficiency while reinforcing its belief that growth and environmental stewardship must progress together.

While Dalmia Bharat was helping build the nation’s physical infrastructure, it was equally committed to strengthening its social foundations.

Over the decades, Dalmia Bharat’s cement has contributed to some of Bharat’s most iconic infrastructure landmarks.

This belief in empowering communities through education gave rise to one of the Group’s most enduring contributions to society: Dalmia Vidya Mandir (DVM). Founded in 1925 in Chirawa, Rajasthan, by Shri Ramakrishna Ji Dalmia and Shri Jaidayal Ji Dalmia in memory of their mother, Smt. Jadia Devi, DVM became a cornerstone of the Group’s social commitment and vision for nation-building through education. What began as a humble initiative evolved into a respected educational institution rooted in values, discipline and holistic development.

Today, Dalmia Vidya Mandir schools have expanded their presence across Rajasthan, Tamil Nadu, Andhra Pradesh, Odisha and Meghalaya.

Dalmia Bharat’s contribution to nation-building also extends into skill development and vocational empowerment through our Dalmia Private ITIs. Established in Rajgangpur in 1963 and Dalmiapuram in 1992, these institutions have emerged among the leading private ITIs in India, nurturing generations of technically skilled professionals. Continuing this legacy of empowerment, the Group supports more than 32 DIKSHa centres that provide industry-relevant vocational training and livelihood opportunities to young people across communities.

The Group’s longstanding association with Odisha over the last 75 years reflects a deep and enduring partnership with the state’s development journey. Through industrial growth, educational institutions, community engagement, skill development initiatives, and heritage preservation efforts, Dalmia Bharat has remained closely connected to the economic, social, and cultural progress of Odisha.

Our relationships with our stakeholders: communities, dealers, employees, and investors are not transactions; they are covenants. The growth of every stakeholder in the Dalmia ecosystem is understood to be part of the Company’s own growth. This is trusteeship made operational. Beyond infrastructure, Dalmia Bharat’s legacy has always been deeply connected to community development and social progress. What began decades ago as an instinctive commitment to community welfare gradually evolved into a larger purpose-driven movement through the Dalmia Bharat Foundation. From supporting education and healthcare to enabling sustainable livelihoods and empowering rural communities, the philosophy evolved from charity to empowerment from giving assistance to creating opportunities. Today, the Foundation continues to work towards inclusive growth, guided by the belief that true development happens when communities become active participants in their own progress.

While Dalmia Bharat was helping build the nation’s physical infrastructure, it was equally committed to strengthening its social foundations.

Beyond education, infrastructure and industrial growth, we have also contributed towards preserving India’s cultural and civilisational heritage through the Sabhyata Foundation. Rooted in the belief that heritage preservation is integral to nation-building, the Foundation works towards safeguarding and promoting India’s rich artistic, cultural, and historical traditions for future generations.

At the heart of Dalmia Bharat’s journey lies a simple but enduring belief: growth is meaningful only when it creates value for all stakeholders. This philosophy of trusteeship, deeply rooted in the Group’s heritage, has shaped the way the Company engages with employees, communities, customers, partners and investors.

To be a producer of cement in India is, in the most elemental sense, to be a partner in the act of nation-building. But partnership demands more than presence. It demands purpose.

Dalmia Bharat has not just worked on building a company that has consistently grown stronger, leaner, more resilient, and more purposeful, anchored by a balance sheet built on the solid foundation of discipline and long-term thinking, it has built a network of stakeholders that it has worked with to build their potential and be a part of their growth as well.

Our Annual Report theme this year, A Sustainable Partner to Bharat’s Growth Story distils decades of intent into a cohesive, comprehensive and faithful account of Dalmia Bharat’s journey. But beneath every number and every narrative lies the same belief that even a single enterprise, in doing its work honestly and conscientiously, can be a meaningful part of something much larger than itself. Dalmia Bharat does not claim to be the whole of Bharat’s story. It is only playing its humble, sincere, and sustainable part in it. And in that humility lies its greatest strength.

Letter from the Managing Directors
Built on Strong Foundation