Shree Cement

Shree Cements expects a strong rebound in cement volumes in the fourth quarter of the current financial year, aided by a pick-up in infrastructure activity and higher government spending towards the fiscal year-end, the management said in a Q3 analyst concall. The company is targeting sales volumes of 9-9.5 million tonnes in the January-March quarter. It noted that the Centre's push to utilise infrastructure allocations by March 31 is likely to support demand. While pricing remained a focus in the earlier part of the year, the company is now looking to ramp up capacity utilisation as volumes improve, an official said. Separately, Shree Cements outlined an aggressive expansion plan for its ready-mix concrete (RMC) business, with the company aiming to scale up its RMC footprint to 45 plants from the current 19 units over the next six to eight months. The management said the RMC push is part of a broader strategy to move up the construction value chain, adding that around 45 per cent

With industry peers increasingly adopting similar strategies, PL Capital highlighted that the company may need to recalibrate its approach, leveraging core strengths to accelerate volume growth

Low base, premium mix and new capacity supported gains

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While Nuvama Institutional Equities has reiterated its 'Hold' rating on Shree Cement, Choice Institutional Equities has maintained a 'Sell' call, citing expensive valuations and limited upside

Shree Cement Ltd, the country's third-largest cement group by capacity, on Tuesday, reported over fourfold jump in consolidated net profit to Rs 309.82 crore for the September quarter of FY26, helped by sales volume growth and premiumisation. The company had posted a net profit of Rs 76.64 crore in the July-September period a year ago, according to a regulatory filing from the Bangur family-promoted Shree Cement Ltd (SCL). Its revenue from operations was up 17.43 per cent to Rs 4,761.07 crore in the September quarter of FY26. It was at Rs 4,054.17 crore in the corresponding quarter of the preceding fiscal year. The revenue growth was "driven by volumes, premiumisation push and value over volume strategy adopted by the company", according to an earnings statement by the company. Total expenses of SCL were at Rs 4,506.37 crore, up 7 per cent in the September quarter. Though the company has not specified the total sales volume, however, said it was "up by 6.8 per cent on a YoY ...

GST Council has approved a reduction in rates on cement from 28 per cent to 18 per cent, effective September 22, 2025

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Brokerages trim FY26 estimates for 130 of 192 BSE 200 companies, with a median EPS downgrade of 3.5%

Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.

Cement shares rally on Monday: Analysts view the potential GST rate cut as a sentimental booster for the sector given it may help perk up industry margins.

Brokerages offered a mixed yet constructive view on Shree Cement 's Q1 performance, highlighting improved realisations, expanding margins, and long-term growth plans.

Q1 FY26 company results, Aug 4: Marico, Aditya Birla Capital, Ather Energy, Bosch, Delta Corp, Siemens Energy India, Godfrey Phillips, and Inox India will release their April-June quarter report

Bosch, Shree Cement, 3M India, Neuland Laboratories and Honeywell Automation are among 18 stocks from the Nifty 500 trading above ₹10,000-mark, and looking strong on technical charts. Details here

In FY25, revenue was down 8 per cent, while EBITDA was down 12 per cent and PAT was down 51 per cent YoY. Volumes were flat YoY

During FY26, the cement industry is expected to achieve 6.5-7.5 per cent demand growth fuelled by infrastructure projects, rural recovery and real estate momentum.

The company's net profit dropped about 16% to 5.56 billion rupees ($65.2 million), just below analysts' average expectation of 5.59 billion rupees, per data compiled by LSEG

At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.

UPL stock has recently given a breakout from a long consolidation phase and the declines post the breakout has seen strong buying interest

With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure