Investor Presentaiton

Rising Replacement cost due to Land Minimum Size 1 MnT 5600/T 4% 3 MnT 8800/T 17% 18% 16% 22% 11% 62% 50% 2007 2017 Plant and Machinery CPP ■Civil Work Land Entry cost 560 cr Source- Goldman Sachs India Cement Stressed Asset Analysis Dalmia Bharat Limited 2650 cr 7

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