Anjani Portland Cement posts ₹103.9 cr loss as revenue drops 17%
The company offloaded its stake in Bhavya Cements to raise ₹254 cr, narrowing the consolidated net loss to ₹13.1 cr.
— 2 earlier stories on Anjani Portland Cement Ltd. →What's new
- Standalone revenue fell 17% to ₹310.2 cr for FY26.
- The company booked a ₹79.96 cr exceptional charge from the sale of its Bhavya Cements stake.
- Consolidated net loss narrowed to ₹13.1 cr from ₹101.2 cr in the prior year.
Why this matters
The sale of the Bhavya Cements stake provided a much-needed cash injection of ₹254 cr to pay down debt. However, the core business remains under pressure with a widening standalone loss and double-digit revenue decline. For a company with a market cap of ₹360 cr, the scale of these losses is a heavy burden.
What we're watching
- Whether the debt reduction from the asset sale stabilizes the balance sheet.
- Signs of a turnaround in core cement sales volumes.
- Any further asset monetization plans to cover operating losses.
The full read
Anjani Portland Cement is struggling to contain losses as its core business shrinks. For the year ended March 2026, the company reported a standalone net loss of ₹103.9 crore, a sharp increase from the ₹34 crore loss recorded in the previous year. Revenue fell 17% to ₹310.2 crore. The results were heavily impacted by a ₹79.96 crore exceptional charge stemming from the sale of its investment in Bhavya Cements. While the sale was painful on the income statement, it brought in ₹254 crore in cash, which the company used to pay down debt. This asset sale helped narrow the consolidated net loss to ₹13.1 crore from ₹101.2 crore a year earlier. With a market capitalization of only ₹360 crore, the company is effectively fighting for survival. The next test is whether the debt reduction provides enough breathing room to reverse the revenue decline.
Questions answered
- Why did the standalone net loss widen so sharply?
- The standalone net loss grew to ₹103.9 crore from ₹34 crore last year. This was driven by a 17% decline in revenue to ₹310.2 crore and an exceptional charge of ₹79.96 crore related to the Bhavya Cements stake sale.
- How did the consolidated loss narrow despite the standalone performance?
- The consolidated net loss improved to ₹13.1 crore from ₹101.2 crore in the previous year. This reflects the impact of the subsidiary's performance and the cash proceeds from the Bhavya Cements deal.
- What was the financial impact of the Bhavya Cements deal?
- The sale generated ₹254 crore in cash for Anjani Portland Cement. The company used these proceeds to reduce its debt load.
- Are there any other notable board decisions?
- The board approved the re-appointment of the internal auditor. This is a routine procedural matter.
Story so far
All notes on APCL →- 27 May 2026 · 6:50 PM IST Anjani Portland Cement posts ₹103.9 cr loss as revenue drops 17%
- today Anjani Portland Cement narrows annual loss to ₹26.31 crore
- today Anjani Portland Cement posts ₹103.9 cr loss after investment sale