Cement
60 recent notes from companies in this sector. 20 companies tracked.
Birla Corp Q1 transcript confirms known cost pressure, margin dip
Operating margin at 13.1% as fuel costs rise; capacity expansion to 27.5 mt by FY29 on track. Transcript adds no new info beyond prior results.
Dalmia Bharat's Q1 shows steady volumes, Jaypee integration on track
Volume up 9% YoY, EBITDA/ton at ₹1,055; Jaypee acquisition expected to hit EBITDA breakeven in a couple of quarters.
Dalmia wins Bhilai Jaypee cement assets under IBC, adds 3.3 MTPA
The resolution plan adds grinding and clinker units in central India, taking Dalmia's capacity to ~55 MTPA; NCLT approval pending.
NCL Industries promoters clear all pledged shares with Tata Capital
Four promoter-group members freed 1.65 million shares (3.64% of equity) on July 23, leaving zero shares encumbered with the lender.
Ambuja Cements targets ₹4,250/tonne cost; Q1 volume dips
Q1 volume fell to 17.1 mt from 18.4 mt a year ago, but trade share rose to 78% and premium products to 34% of trade sales.
Ambuja Cements delivers ₹660 cr profit in first quarter after merger
Revenue reaches ₹9,474 cr; cost target of ₹3,800/t by FY27-end remains in focus amid temporary plant suspensions and VRS at ACC.
Ambuja Cements profit dips to ₹577 cr; suspends plant operations
Consolidated revenue at ₹9,474 crore. Profit falls from ₹660 crore in prior quarter. Board pauses some facilities after strategic review.
Sagar Cements targets ₹500-550/tonne EBITDA by FY27
Management expects 7 mt volumes and margin recovery from current ₹451/tonne. Debt reduction and Vizag land sale are key near-term levers.
Everest profit gets ₹96 cr property boost, but core revenue still shrinking
The June quarter profit of ₹107.72 crore is almost entirely from selling the Podanur land. Without it, Everest would have posted an operating profit of ₹37 crore, a turnaround from the March loss.
Everest gets ₹96 cr property windfall, but core revenue still shrinks
A one-time gain of ₹96.15 crore from selling the Podanur property lifted June-quarter net profit to ₹107.72 crore, but operating revenue fell 14% YoY to ₹418.70 crore.
Shiva Cement revenue jumps 43%, loss narrows to ₹21 cr
Q1 revenue of ₹151.5 crore and a narrower loss of ₹21.35 crore, but ₹599.80 crore in accumulated losses keep going concern doubts alive.
Sagar Cements revenue up 5% but swings to net loss on cost pressure
Cement maker's Q1 revenue rose to ₹706 crore but net loss of ₹28.1 crore versus profit a year ago, as power and fuel costs pushed EBITDA down 40%. Volume grew 13% and capacity expansion at Jeerabad was commissioned.
Sagar Cements swings to loss as Andhra subsidiary drags
Standalone net loss of ₹2.89 crore in Q1 FY27 vs profit of ₹11.44 crore a year ago; consolidated loss ₹28.10 crore. Amalgamation of Andhra Cements pending.
Panyam Cements profit hinges on ₹41.9 cr loan waiver, auditor warns
The cement maker swung to a quarterly profit but only because a related party waived ₹41.91 cr in loans. Full-year loss narrowed but net worth stays negative.
Andhra Cements revenue jumps 43%, but loss widens to ₹36 cr
Top-line growth failed to offset ₹31.94 cr in finance costs and higher depreciation. The company reiterated its planned merger with Sagar Cements.
Birla Corp pulls FY27 EBITDA guidance on cost surge
Two months after issuing a profit forecast, management retreats as fuel and packaging costs add ₹150 per ton in Q1 and threaten another ₹70–80 per ton in Q2. Soft pricing in Central India and Mukutban logistics snags compound pressure.
Birla Corp Q1 revenue up 7.8%, profit dips on cost pressures
Margins shrink as fuel, transport costs rise; jute division returns to profit; coal mine and tax switch offer future relief.
JK Cement warns of ₹150/tonne cost spike in Q2 as paint swings to breakeven
Q1 standalone sales rose 23% to ₹3,786 cr but margins compressed on higher fuel and maintenance costs. Management sees peak cost pressure in Q2, while paint business hits EBITDA breakeven at ₹125 cr revenue.
UltraTech Cement eyes ₹5,000 crore NCD issue
Finance Committee meets July 23; the planned private placement is modest relative to the company's ₹3.47 lakh crore market cap.
JK Cement cuts capex, warns on costs
The cement maker slashed FY28 capex guidance by at least 20% without explanation, while warning that fuel and diesel will squeeze margins next quarter.
Nuvoco Q1 call transcript filed; no new information
Transcript of July 14 call filed as routine compliance, confirming previously disclosed details on volume growth, EBITDA, and plant updates.
UltraTech Cement guides double-digit volume, warns of Q2 cost pressure
The Q1 FY27 concall recap confirms 16% revenue growth, forecasts a ₹130-140/tonne cost hike in the September quarter, and targets ₹1,400/tonne EBITDA by March 2028.
India Cements turnaround: capex triples to ₹2,000 cr, EBITDA target ₹1,000/ton
Like-for-like revenue up 21%, EBITDA/ton at ₹603. UltraTech targets double-digit volume growth in FY27, with full capex benefits by Q4FY28.
UltraTech Cement logs 16% sales growth, 17% PAT rise in Q1 FY27
Domestic grey cement volumes rose 13.1% to 39.2 MT. Capacity utilisation at 81%, EBITDA per tonne at ₹1,214. Green power mix now 47%.
UltraTech Cement Q1 sales up 16% to ₹24,465 cr, PAT up 17%
Domestic grey cement volumes grew 13.1% to 39.2 mn tonnes. EBITDA per tonne improved to ₹1,214. Green power mix reaches 47%.
JK Cement's profit slipped 12% despite 21% revenue growth as margins compressed
Operating margin narrowed to 16.5% from 21.1% on higher freight, employee and depreciation costs. The ₹129 crore CCI penalty remains stayed and unprovided.
India Cements swings to ₹26.6 cr profit on lower costs, asset sale
The cement maker earned ₹26.62 crore in Q1FY27 versus a ₹7.53 crore loss a year ago, as fuel and freight savings offset a ₹55 crore provision. Revenue was flat at ₹1,019 crore.
India Cements posts ₹26.6 cr profit on cost cuts, asset sales
Revenue flat at ₹1,019 cr, but lower power & fuel expenses and a ₹30 cr asset sale profit offset a ₹55 cr provision for old disputes.
Keerthi Industries gets IBC notice over ₹4.31 cr coal bill
Coal supplier J P Associates served a demand notice under the Insolvency and Bankruptcy Code for unpaid operational debt. Keerthi, already loss-making and flagged for going-concern risk, says it will try to resolve amicably.
Dalmia Bharat sets July 24 for Q1 board meeting
Routine intimation; no financial data, no market surprise. Trading window closed until 48 hours post-results.
Star Cement's bid to reclassify 29 promoters as public is rejected
Exchanges say individual request letters were missing; the company may refile. The move signals a potential intent to reduce promoter stake over time.
Nuvoco slashes FY27 volume target, capex as margin gains prove fragile
Management lowered volume growth to 7-8% from 10% CAGR, cut FY27 capex to ₹900 crore from ₹1,000-1,100 crore, and declined to provide EBITDA/ton guidance. The Surat grinding unit is operational but the tone is cautious.
JSW Cement's rating upgraded to IND AA- on ₹3,249 cr bank lines
India Ratings lifted the long-term rating one notch, citing improving credit metrics. The move was widely anticipated after strong Q4 results and does not introduce new financial data.
Nuvoco taps Walker Chandiok as auditor after mid-term exit by M S K A
Walker Chandiok & Co LLP will fill the casual vacancy and has been recommended for a five-year term through 2031. No reason was given for the previous auditor's resignation.
Nuvoco Q1 net profit rises on higher revenue
Cement maker posts ₹159.63 cr profit vs ₹133.16 cr a year ago; revenue at ₹3,128.71 cr. Routine quarterly result with no surprises.
Nuvoco opens 2 MMTPA Gujarat unit, enters new market with Vadraj asset
The Limla grinding unit, acquired via CIRP for ₹1,800 cr, adds 8% to capacity and could generate ₹1,000 cr revenue at full utilisation.
Deccan Cements says Crisil downgraded loans it already repaid
The agency cut the long-term rating to BB from BBB with a non-cooperation tag. The company insists all term loans were fully paid off before the July 6 action, but Crisil didn't verify.
KCP fires up 15.8 MW waste heat recovery unit but discloses no cost or savings
The WHRS at the Muktyala cement plant captures kiln waste heat to power a 16.58 MW turbine, cutting grid reliance. The company omitted capex and expected savings, leaving materiality unclear.
Everest Industries scraps ₹138 cr Assam plant amid losses
The subsidiary abandons a fibre cement boards plant approved in 2025, surrendering land and writing off ₹10.90 crore. The capex was 18% of market cap.
Everest Industries pulls ₹125 cr steel plant, second capex cancellation in days
Barely a week after scrapping a ₹138 cr Assam unit, Everest's subsidiary abandons a ₹125 cr Andhra steel plant. The parent lost ₹100 cr last year.
Sagar Cements' credit rating cut one notch, but outlook turns stable
India Ratings downgrades long-term facilities to IND BBB from IND BBB+, affecting **₹964 cr** in bank loans. The stable outlook replaces a prior negative watch, tempering the alarm.
KCP board to review Q1 results, consider interim dividend on Aug 3
A routine intimation with no numbers yet. The interim dividend mention adds a slight positive signal. Trading window closed since July 1.
JK Cement wins a limestone block, keeps the numbers quiet
The Gilund block in Chittorgarh spans 370.96 hectares. No bid price, no reserve estimate, no timeline. It's a strategic placeholder.
Star Cement wins preferred bid for Assam limestone block with 207.8 MT reserves
The 123-hectare Boro Lakhindong West Block strengthens captive supply for the company's northeast operations and supports its ₹1,500 crore capex plan.
Birla Corp opens Bikram coal mine, targets cost savings
The captive mine in Shahdol, MP started commercial production on June 22, 2026. A key step to lower fuel costs, but no volumes or savings disclosed.
RCC Cements wants to trade cement for smartphones with ₹200 cr it doesn't have
A ₹8-cr nano-cap cement firm with no active business approves a pivot to consumer electronics, backed by borrowings 25x its market cap. Shareholders get to vote on July 17.
Shree Digvijay Cement speeds CEO joining by two months
Mr. Amit Arora will now take charge as MD & CEO on June 17, 2026, instead of August 24, 2026, a modest positive for the micro-cap cement maker.
Keerthi halts clinker plant as losses mount
Already flagged for going concern, the nano-cap cement maker shuts its core production from June 12.
Anjani Portland Cement will now carry its parent's name
The board approved phasing out the 'Anjani' and 'Bhavya' brands for 'Chettinad'. The senior marketing executive is also moving to the parent company.
Sagar Cements adds 0.5 MTPA, lifting group capacity to 11 MTPA
A subsidiary grinding unit is online, a ~4.5% capacity bump. The filing is a progress report with no new financials.
ICICI Pru fund crosses 5% in JK Lakshmi Cement
The mutual fund bought 7.5 lakh shares on June 8, pushing its stake from 4.98% to 5.59% and triggering SEBI's substantial-acquisition disclosure.
Shri Keshav's rating outlook turns Negative as debt tops its market cap
The IVR BBB- rating now carries a Negative outlook, a formal warning that a downgrade is more likely than not. Rated bank debt of ₹269.35 cr is larger than the company's entire ₹239 cr market value.
JK Cement locks in a coal mine. No price, no timeline.
A 981.75-hectare underground lease in Madhya Pradesh secures fuel for the cement maker's kilns, but the filing omits the cost and the calendar.
Sagar Cements to swallow the 25% of Andhra Cements it doesn't own
The board has set a 29-for-98 share swap to absorb the subsidiary, a move to cut costs and unify operations. Multiple approvals still stand between the plan and reality.
Andhra Cements to merge into Sagar Cements at 29:98 swap ratio
The parent-subsidiary consolidation will delist the nano-cap cement maker if shareholders, creditors, and the NCLT approve.
Promoter group member buys 6.84% of NCL Industries in open market
Kalidindi Ravi acquired a significant stake worth about ₹57 cr, signalling insider confidence in the ₹831 crore building-materials company.
Heidelberg Cement to pass on ₹100-150/tonne cost hit, plans ₹130 cr blending unit
Management says industry-wide cost pressure will be fully passed to customers in Q1. It has also been declared preferred bidder for two limestone mines in Madhya Pradesh.
Barak Valley already owed ₹2.5 cr to a sister firm. It signed up for more.
The cement maker is borrowing up to ₹2.65 crore from LKC Industries, an unsecured loan from a company with common promoters.
Vaishno Cement reports ₹0 revenue. Its net worth is now -₹146 lakhs.
The nano-cap cement maker lost money on zero sales for the year. Total equity is more negative than the year before.
Barak Valley Cements reports lower annual profit for FY26
The company posted a standalone profit before tax of ₹733.91 lakhs for the year ended March 31, 2026, down from ₹1,196.09 lakhs in the prior year.