J.K. Cement vs Dalmia Bharat: share price, P/E, ROE and financials compared
J.K. Cement
Dalmia Bharat
J.K. Cement and Dalmia Bharat at a glance
J.K. Cement and Dalmia Bharat are both listed in Construction Materials. J.K. Cement is the larger by market cap, at ₹40,487 Cr against ₹27,602 Cr for Dalmia Bharat (1.5 times as large). On valuation, J.K. Cement has the lower P/E (42.3× against 56.3×), while Dalmia Bharat has the lower price-to-book (1.54× against 5.51×). On returns and margins, J.K. Cement has the higher ROCE (13.3% against 7.0%) and the higher ROE (13.6% against 2.8%), while Dalmia Bharat has the higher operating margin (18.4% against 15.8%). Over three years, J.K. Cement has faster 3-year sales growth (+12.1% against +3.0% a year) and faster 3-year profit growth (+32.8% against +3.2% a year). Dalmia Bharat carries less debt for its equity, with a debt-to-equity of 0.57× against 1.01×.
Key metrics, side by side
| Metric | J.K. CementJKCEMENT | Dalmia BharatDALBHARAT |
|---|---|---|
| Price (₹) | 5,239.80 | 1,470.30 |
| Market cap (₹ Cr) | 40,487 | 27,602 |
| P/E | 42.3× (the lower figure, shaded) | 56.3× |
| P/B | 5.51× | 1.54× (the lower figure, shaded) |
| Dividend yield, trailing | 0.38% | 0.61% (the higher figure, shaded) |
| ROE | 13.6% (the higher figure, shaded) | 2.8% |
| ROCE | 13.3% (the higher figure, shaded) | 7.0% |
| Operating margin (OPM) | 15.8% | 18.4% (the higher figure, shaded) |
| Net margin (NPM) | 6.3% (the higher figure, shaded) | 3.2% |
| Sales CAGR 3Y | +12.1% (the higher figure, shaded) | +3.0% |
| Profit CAGR 3Y | +32.8% (the higher figure, shaded) | +3.2% |
| Debt to equity | 1.01× | 0.57× (the lower figure, shaded) |
| Interest cover | 4.4× | 4.0× |
| Net profit TTM (₹ Cr) | 958 | 490 |
| 1Y return | −9.1% (the higher figure, shaded) | −28.5% |
| Promoter holding | 45.66% | 55.84% |
J.K. Cement vs Dalmia Bharat: common questions
Which is bigger, J.K. Cement or Dalmia Bharat?
By market cap, J.K. Cement is bigger at ₹40,487 Cr, against ₹27,602 Cr for Dalmia Bharat (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹958 Cr for J.K. Cement and ₹490 Cr for Dalmia Bharat.
Which has a lower P/E ratio, J.K. Cement or Dalmia Bharat?
J.K. Cement trades at a P/E of 42.3× and Dalmia Bharat at 56.3×. J.K. Cement has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, J.K. Cement or Dalmia Bharat?
J.K. Cement reports a return on equity of 13.6% and Dalmia Bharat 2.8%. J.K. Cement has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, J.K. Cement or Dalmia Bharat?
Over the last three years: Sales grew +12.1% a year at J.K. Cement and +3.0% at Dalmia Bharat, so J.K. Cement grew sales faster; profit grew +32.8% a year at J.K. Cement and +3.2% at Dalmia Bharat, so J.K. Cement grew profit faster. Past growth doesn’t predict future growth.