• To emerge as one of India’s leading players in pure honey segment
• Honey to be initially available in North and  East markets
• To be available on all e-commerce platforms and offline stores

New Delhi, 15 September 2021: As part of its strategy to expand offerings in the B2C segment, Dalmia Bharat Sugar and Industries Ltd. (DBSIL) today announced the launch of its pure, healthy and unadulterated honey under the brand name “Dalmia Utsav.”  Sourced from apiaries & beekeepers of higher reaches of North India in order to ensure quality & traceability, Dalmia Utsav honey will be available in three SKUs- 1 kg, 500 gms and 250 gms. This is the company’s second retail offering after it launched packaged sugar under the same brand name in March this year.

In the initial phase, the company plans to launch Dalmia Utsav honey in Delhi/NCR followed by other states in North India as well as the Eastern region. Subsequently, the company will take Dalmia Utsav Honey to markets in Central and West India.  DBSIL has partnered with top E-Commerce platforms like Amazon, Big Basket & Flipkart and key offline stores to sell its honey to consumers.

Announcing the launch, Mr. Deepak Singhal, CEO, Consumer Business, DBSIL said, “Our brand ‘Dalmia Utsav’ denotes celebration of purity. We have now extended this theme to honey and promise to offer pure and unadulterated honey at competitive price points. The launch of products under Dalmia Utsav also demonstrates our strategic transition from B2B to B2C segment, where we are strengthening our portfolio for end consumers.  We plan to be one of the leading players in the pure honey segment in the country.”

Produced by following strict quality benchmark NMR test, Dalmia Utsav honey is untouched by hands and contains no added sugar.

For Dalmia Bharat Sugar and Industries Limited

Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and two in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 36500 TCD, distillery and co-generation operation of 305 KLPD and 119 MW respectively. The company recently launched its packaged sugar under the brand name “Dalmia Utsav” and also entered the sanitiser business under the brand name Dalmia Sanjeevani. For more information, visit us at www.dalmiasugar.com

Media Contact

Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar
Jatin.khattar@adfactorspr.com, M: +919810751243

New Delhi, August 13, 2021: As India celebrates Azadi ka Amrit Mahotsav, Dalmia Bharat Group & Bhushan Kumar’s T-Series brings audiences a special song this 75th Independence Day. Titled ‘Mauka Hai’, the song is sung by B Praak, composed by Rochak Kohli and penned by Manoj Muntashir.

‘Mauka Hai’ is a song dedicated to the unwavering spirit of 136 crores Indians. This song celebrates the achievement of unsung heroes of today from different fields there by motivating others to aspire, perspire and achieve their dreams and build India of their dreams by 2047.

This inspiring music video also features some of the most inspiring icons from different age groups and walks of life who’ve put India on the map including Olympic weightlifting champ – ‘Mirabai Chanu’, Olympic badminton champ – ‘PV Sindhu’, ‘Hima Das’- the first-ever Gold Medalist Indian athlete, ‘Advait Kolarkar’ – the world’s youngest painter, Guinness Book of World Record Holder- ‘Tiluck Keisam’ , gymnast ‘Deepa Karmarkar’, the world’s fastest piano player – ‘Lydian Nadhaswaram’, young paleontologist – ‘Aswatha Biju’, IPS officer – ‘Chhaya Sharma’, the youngest writer – ‘Abhijeeta Gupta’, Gold Medalist and World Record holder – ‘Pooja Bishnoi’, ‘Yatharth Murthy’ who sang the national anthem of 112 countries, Indian mathematician wizard – ‘Anand Kumar’, child shooting sensation – ‘Abhinav Shaw’ and several others.

Speaking on the launch, Mr. Puneet Dalmia, Managing Director, Dalmia Bharat Group, said, “The Mauka hai music video is a testament to the youth of our country that salutes their achievements in diverse fields and seeks to inspire every Indian to rise to the occasion with unity and pride. As a ‘young’ nation, our resilience and undying fighting spirit in the face of adversity, clearly shows that we have what it takes to become a global superpower. We are delighted to associate with T-Series for this music video as a tribute to our youth’s unwavering dedication. The song also reflects the unflinching commitment and hard work of Dalmia Bharat Group over the decades towards nation-building.”

Says head honcho of T-Series, Bhushan Kumar, “Everyone will feel an immense sense of pride after watching ‘Mauka Hai’. It’s an out-and-out tribute to not only those icons that have inspired us and made us proud but to every Indian who perseveres to do better.”

Adds lyricist Manoj Muntashir, “Mauka Hai is something every Indian will relate to and be inspired by. It’s about pushing the limits and having a never-say-never attitude which defines the spirit of this country.”

Says composer Rochak Kohli, “It’s wonderful to collaborate with Bhushanji and B Praak on this track. We’ve tried to do justice to Manoj Muntashir’s hard-hitting lyrics and make ‘Mauka Hai’ an Independence Day track which is loved and remembered.”

‘Mauka Hai’ is here for all to celebrate Azadi ka Amrit Mahotsav on T-Series’ YouTube channel.

Watch the Musical tribute here (https://www.youtube.com/watch?v=K0lQHseMJB4)

About Dalmia Bharat Group

Dalmia Bharat Group (www.dalmiabharat.com) is a leading Indian conglomerate with a strong presence in Cement, Sugar and Refractories. In the last sixteen years, the Group’s sales have grown at a CAGR of 24% to over ₹ 12,100 Cr in the year 2020. Dalmia Bharat commenced operations in 1939 and has played a defining role in India’s manufacturing sector. The group has significant market presence in each of its sectors of operation. Its cement business has grown exponentially since 2006 in terms of capacity and production and the company is a leader in the specialty cements space. Dalmia Cement is the only cement company in the world to have the lowest carbon footprint.  In sugar, the group is a prominent generic player catering to most of the leading businesses in India. The Group also caters to an enduring and growing customer base in the refractories business and has forayed into sustainable power/energy.

About T-Series

T-Series is India’s leading music label and film production studio with Mr. Bhushan Kumar heading the company. Founded more than 30 years ago by Shri Gulshan Kumar, T-Series has successfully churned out popular Hindi and regional commercial music along with devotional music content. Being India’s leading music label with its fan base across the globe, T-Series’ YouTube channel is the No.1 YouTube channel in the world with the highest subscription (as of today more than 190M) and views (as of today more than 162 billion). T-Series, which started off as a music company in 1984 has today successfully transformed itself into a formidable film studio over the years. Along with creating film music and independent singles, T-Series is currently the biggest film studio that produces around 15-20 films every year. The company has spread its wings to produce digital content for OTT platforms as well.

Media Contact

For Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919560284276

Key Highlights:-
EBIDTA for this quarter is lower mainly on account of lower sugar and distillery sales volumes due to COVID disruption. Cogen operations were lower because of shorter sugar season. Our distillery production for this quarter is the highest ever at 2.39 cr litres and lower profitability on account of lower distillery sales is temporary and will be recouped in the subsequent quarters. There is a lower export subsidy accrual in this quarter as compared to the corresponding period.

Higher depreciation is on account of change in depreciation method from SLM to WDV for sugar and distillery segments in March 2021.

During the quarter, the company has made an assessment of the impact of the New Tax Rate as per Section – 115BAA of the Income Tax Act and decided to continue with the existing tax structure until utilization of deductions and accumulated MAT credits. Accordingly, Company has re-measured its deferred tax assets and liabilities, resulting in reversal of deferred tax liability amounting to Rs. 33 cr. Consequently, PAT is almost similar to corresponding quarter.

Project updates:-
All our distillery projects under implementation for production of around 15 cr litres against existing capacity of 8 cr litres are progressing satisfactorily and expected to be completed as per the scheduled timelines barring Kolhapur distillery expansion project which may get slightly delayed due to COVID & Flood disruptions.

The board has also decided in principle to set up two grain based distilleries with a capacity of 100 KL each to produce 6 cr litres of ethanol, which is expected to be commissioned in next 15-18 months.

Long Term Debt
Long Term debt as on 30th June 2021 is at Rs. 283 cr with a healthy long term debt-equity ratio of 0.13.

Entry into B2C Segment:-
The company has decided to foray into B2C (business-to-consumer) segment and announced the launch of its packaged sugar under the brand name “Dalmia Utsav” during last quarter and sanitizer launched in the last year is being marketed under the brand name “Dalmia Sanjeevani”.

In the initial phase, we have launched sulphur-free white crystal sugar and natural brown sugar in branded packets and sachets

Going forward, the company plans to have a pan-India presence and introduce new sugar variants along with basket of other FMCG products.

Outlook of Sugar Industry:-
Fundamentals of the industry continue to improve with sugar inventory expected at 8.9 M Mt as at 30th Sept 2021 as against 10.7 M Mt as at 30th Sept 2020 mainly due to exports and diversion towards ethanol. Next year also the downward trend of sugar inventory levels is expected to continue.

Global fundamentals also are fairly good with lowest production estimates in the last 4 years. This should ease inventory overhang pressure and strengthen sugar prices. For Dalmia Bharat Sugar and Industries Limited

For Dalmia Bharat Sugar and Industries Limited

Anil Kataria
Chief Financial Officer

Dalmia Bharat Sugar and Industries Limited
11th & 12th Floors, Hansalaya Building, 15, Barakhamba Road, New Delhi – 110001, India
T 91 11 23465100 F 91 11 23313303, W www.dalmiasugar.com, CIN: L26942TN1951PLC000640
Registered Office – Dalmiapuram, Dist. Tiruchirapalli, Tamil Nadu – 621 651, India

New Delhi, 15 June, 2021: Dalmia Bharat Sugar & Industries Limited plans to augment its ethanol manufacturing capacity to 15 crore litres per annum from January 2022 from 8 crore litres currently. The move is in line with the government’s decision to raise ethanol blending in auto fuels to 20% by 2025 from around 8% currently.

With this capacity expansion, Dalmia Bharat Sugar will divert around 1,50,000 tonne of sugar for ethanol production compared to 60,000 tonne now. The expansion will happen at the company’s Jawaharpur, Nigohi and Kolhapur plants. One new distillery will be set up at Ramgarh.

The company firmly believes that the recent announcement by the central government to advance an ethanol blending programme of 20% to 2025 is a step in the right direction as it will be beneficial for both: the country and the sugar manufacturers. The move will allow the industry to cut carbon emissions and reduce the outflow of foreign exchange as crude oil imports will come down. Alongside, as the government cannot provide subsidies on sugar exports after 2023 due to WTO norms, the sugar manufacturers will now be able to divert that sugar for ethanol purposes.

The sugar industry will get benefit from this move as the industry was also looking to find ways to balance sugar production with consumption as the opportunity to export will come down. The advancement of the ethanol blending programme means that in the next four to five years, the industry will be able to balance its output with consumption, which will translate into reasonable prices for the sweetener and keep inventory under control.

In the ongoing sugar season, Dalmia Bharat Sugar has exported 66KMT of sugar so far (till 31st May). The sugar exports were at 192 KMT in the previous season.

Dalmia Bharat Sugar has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and two in Maharashtra (Kolhapur and Sangli). As of now, the company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW respectively.

For Dalmia Bharat Sugar and Industries Limited
Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 280 KLPD and 107 MW respectively. For more information, visit us at www.dalmiasugar.com

Media Contact
Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919560284276

● Nigohi Distillery expansion completed during the quarter and is operational at expanded capacity.
● Branded sugar launched successfully in March 2021 and the product has been well received by the market.
● Diverted around 60 KMT sugar towards ethanol during the sugar season 20-21.
● All other projects related to sugar & distillery expansion and greenfield distillery at Ramgarh are under implementation albeit possibility of few months’ delay due to pandemic.

Outlook of Sugar Industry
In SS’20 sugar inventory is lower at 10.7 M Mt as against 14.5 M Mt for SS’19 mainly due to exports and to further go down in ensuing SS to 9.2 M Mt mainly on account of higher diversion of sugar to ethanol and exports.

Sugar industry is well poised to benefit both from global and domestic factors. Tight global demand supply situation, favourable government policies and push for higher ethanol blending in India will keep the inventory under control.

In light of the above the short to medium term outlook of the industry remains promising.

For Dalmia Bharat Sugar and Industries Limited

Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW respectively. For more information, visit us at www.dalmiasugar.com

Media Contact
Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919810751243

● Launches Packaged Sugar under the brand “Dalmia Utsav”
● To be available on all e-commerce platforms and other offline stores in the near future
● Aims for a pan India presence

New Delhi, 18 March, 2021: With a vision to expand its reach to the consumers, Dalmia Bharat Sugar and Industries Ltd. (DBSIL) today announced the launch of its packaged sugar under the brand name “Dalmia Utsav”. In the initial phase of the transition from B2B to B2C segment, DBSIL plans to launch Sulphur Free White Crystal Sugar & Natural Brown Sugar in branded packets & sachets across markets including Delhi/NCR, Uttar Pradesh, Haryana, Uttarakhand, Punjab, Himachal Pradesh, Jammu & Kashmir, Rajasthan, Madhya Pradesh, Chandigarh, Bihar and West Bengal. The products will be available on top E-Commerce platforms like Amazon, Big Basket & Flipkart, and in offline stores. Going forward, the company plans to have a PAN India presence and introduce new sugar variants such as Icing Sugar along with other core FMCG products.

The production of Sulphur Free White Crystal Sugar & Natural Brown Sugar is being done at the Nigohi Unit of DBSIL in Uttar Pradesh. The company plans to produce and dispatch the projected quantity of approx. 250- 300 MT of sugar till March’21. To support production, the unit has undergone a few up-gradations such as setting up of latest Ion Exchange Facility for better quality/sulphur free sugar grain. The company has also commissioned a state-of-the-art integrated production line for branded/specialized sugar.
 
Speaking on the launch, Mr. B.B. Mehta, Whole Time Director, Dalmia Bharat Sugar and Industries Limited said, “We are extremely excited at the launch of ‘Dalmia Utsav’ which signifies “Celebrating Purity”. We aim to provide high-quality sugar to consumers by using a world-class and eco-friendly production process in line with Dalmia Bharat Group’s commitment towards Quality and Sustainability. With this launch, our mission is to achieve sustainable sugar production, creating value for farmers, consumers, and business partners.”

This transition will accelerate the company’s evolution from commodity to brand space, transforming the DNA of the business that would in turn enhance value for all the stakeholders. Through this move, DBSIL will drive the growing awareness, easier access, and changing lifestyles of the consumers.

For Dalmia Bharat Sugar and Industries Limited
Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW respectively. For more information, visit us at www.dalmiasugar.com

Media Contact
Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919810751243

Financial & Operational Highlights for the Half Year:-

We are glad to share that the company recorded highest ever revenue, EBIDTA, PBT and PAT for the half year as well as the 2nd quarter on the back of highest ever sugar and distillery sales volumes.

Other Updates:-

● Started crushing operations in the first week of November for Sugar Season 2020-21 in all the units.
● Board of directors approved capex plan of Rs. 412 Crores for brownfield expansion and strategic diversion of sugar      into ethanol.

Outlook of Sugar Industry:-

India Sugar inventory as on 30 th Sept 20 stood at 10.7 M Mt as against 14.5 M Mt as on 30 th Sept 19 due to lower production and higher exports during the season. However, for the upcoming year, sugar inventory is expected to increase marginally.

The Central Government has chalked out a clear strategy to manage the sugar surpluses by diverting a higher portion of sugar to ethanol. The industry has also requested for revision in MSP, continuation of
Buffer stock and export subsidy etc. This will go a long way in helping the industry, farmers and also entire eco system.

For Dalmia Bharat Sugar and Industries Limited
Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol:
DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms,
magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh
(Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate
sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW
respectively. For more information, visit us at www.dalmiasugar.com

Media Contact

Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919560284276

• Jazbaa – e – Bharat, an online concert on 14th August, dedicated to celebrate the undying spirit of our COVID warriors

In its endeavour to celebrate the courage, commitment and unfathomable spirit of our COVID warriors, Dalmia Bharat Group is organizing Jazbaa-e-Bharat – an online musical extravaganza featuring Padma Shri. Kailash Kher and Grammy Award winner Ricky Kej, on 14th August 2020 at 6:15 pm.

Speaking on this occasion, Mr Mahendra Singhi, MD and CEO, Dalmia Cement (Bharat) Ltd. said, “We are honoured to have Padma Shri Kailash Kher and Grammy Award winner Ricky Kej at Jazbaa – e – Bharat, a musical concert aimed at honouring our nation’s resilience in the fight against this pandemic. Words fall short in describing the unwavering dedication of our COVID warriors. Their commitment is inspiring and we salute their tireless efforts and undying spirit. We also take this opportunity to celebrate our global commitment towards sustainability and our operational performance.”

Padma Shri, Kailash Kher said “In the last few months, the world has adopted new ways of living and thinking. There has been a significant change in our priorities which we now call the ‘New Normal’. Individuals and corporates have come together to shoulder responsibility and help each other during these testing times. One such organisation is Dalmia Bharat Group that has worked continuously during this pandemic to support the citizens of our country. Through this musical salutation named after our frontline warriors called Jazbaa- e -Bharat, we aim to give a tribute to those unsung heroes who are fighting the pandemic across the country.”

Commenting on Jazbaa – e – Bharat, Grammy Award winner Ricky Kej said, “It gives me immense pleasure to be a part of this virtual musical concert organized by Dalmia Bharat Group. Their vision for a sustainable future is in sync with my beliefs about the environment. Together, we believe that we owe it to our children to leave behind a better planet than what we inherited. I have always believed in the healing power of rhythms to bring solace, motivation and guidance for people towards a greater good. Music has the power to inspire us to be sustainably conscious and live in harmony with nature.”

Jazbaa-e -Bharat will be a musical extravaganza in its truest sense as it will also host the evergreen Shri. Udit Narayan whose soulful voice rings of nostalgia. He will be joined by his son Aditya Narayan who started his musical career at a very young age and managed to win the hearts of everyone. They will be accompanied by the prominent multi-lingual singer, Benny Dayal who has always managed to make the audience groove to his lively tunes and the ever melodious Jonita Gandhi who has become an instant favourite of her audience in a short span of time.

The link to this musical salutation of our COVID warriors will be available on all social media platforms. Click on the link: https://www.dblconcert.com/ to join the event.

About Dalmia Bharat Group

Dalmia Bharat Group (www.dalmiabharat.com) is a leading Indian conglomerate with a strong presence in Cement, Sugar and Refractories. The Group has a turnover of over 12,000 crores. Dalmia Bharat commenced operations in 1939 and has played a defining role in India’s manufacturing sector. The group has a significant market presence in each of its sectors of operation. Its cement business has grown exponentially since 2006 in terms of capacity and production and the company is a leader in the speciality cements space. Dalmia Cement is the only cement company in the world to have the lowest carbon footprint.  In sugar, the group is a prominent generic player catering to most of the leading businesses in India. The Group also caters to an enduring and growing customer base in the refractories business and has forayed into sustainable power/energy.

Financial Highlights for the Quarter:-

• Highest ever revenue at Rs. 898 Cr.
• Highest ever EBIDTA at Rs. 213 Cr.
• Highest ever PAT at Rs. 126 Cr.

Operational Highlights for the Quarter:-

• Highest ever Distillery sales during the quarter.
• Highest ever Sugar exports during the quarter at 1 L MT.
• Started Sanitizer business in all the 3 distillery units – Jawaharpur, Nigohi & Kolhapur.

Outlook of Sugar Industry:-

India Sugar inventory as on 30th Sept 20 is likely to drop to 11.3 M Mt from 14.5 M Mt as on 30th Sept 19 on the back of lower production and higher exports. However, for the upcoming year, sugar inventory is expected to increase marginally to 11.8 M MT.

Various proactive measures like increase in MSP, Export subsidy etc. are under consideration by Central Government for SS 20-21 which will be positive for the industry.

However, FRP increase, if any may partially offset the benefits of these measures.

Overall we remain cautiously optimistic for the near term prospects of the industry.

For Dalmia Bharat Sugar and Industries Limited

Dalmia Bharat Sugar & Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW respectively. For more information, visit us at www.dalmiasugar.com