Page 2 - Cement Industry

Cement demand to benefit from govt's manufacturing, infra push: Birla

UltraTech Cement Chairman Kumar Mangalam Birla says cement demand will grow on the back of government's focus on manufacturing, infrastructure projects, housing, and policy support

Higher sales realisation, volume growth boost cement firms' earnings in Q1

Driven by increased government spending on key infrastructure projects, leading cement manufacturers reported a solid performance in the June quarter with a double-digit volume growth and higher sales realisation. Cement makers expect the trend of an overall improvement to continue in FY26. Moreover, lower input costs, such as a decline in coal and petcoke prices, along with stable diesel costs, also helped in improvement on EBITDA terms, which faced a rough patch in FY25. Leading cement maker UltraTech Cement reported a volume growth of 9.7 per cent to 36.83 million tonnes (MT), helped by acquisitions of India Cements and the cement business of Kesoram Industries. Similarly, Adani Group firm Ambuja Cements also reported its highest-ever cement sales volume of 18.4 MT and its highest-ever quarterly revenue at Rs 10,000 crore. Sales volume of Birla Corporation rose 9.36 per cent to 4.79 MT, and Nirma Group firm Nuvoco Vistas Corp reported a sales volume of 5.1 MMT in Q1. JK Lakshm

Shree Cement Q1: Profit nearly doubles, analysts stay cautiously optimistic

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

JSW Cement sets price band of ₹139-147/share for ₹3,600 crore IPO

JSW Cement sets a price band of Rs 130-147 for its Rs 3,600 crore IPO, which will open on August 7. The IPO includes a fresh issue and an offer for sale by selling shareholders

UltraTech lines up ₹10,000 cr capex for FY26 to bolster capacity

Cement maker UltraTech, which expects around 7 per cent growth in FY26, has allocated up to Rs 10,000 crore as capex to bolster its capacity as well as energy and efficiency initiatives, according to the company's latest annual report. The Aditya Birla group firm recently acquired South-based India Cements and the cement business of Kesoram Industries, and added 26.3 MTPA of grey cement capacity to its portfolio. It has planned an organic capacity addition of 28.8 MTPA by FY27. UltraTech, which crossed the Rs 75,000 crore revenue mark in FY25 and is now very close to 200 MTPA (million tonnes per annum) capacity, anticipate a reduction in "net debt to EBITDA ratio", helped by a higher volume growth and improving margins. "Although our net debt to EBITDA (pre-tax profit) ratio rose to 1.33x in March 2025, we anticipate higher volume growth and an improving EBITDA profile to reduce this rapidly," its Managing Director K C Jhanwar said while addressing the shareholders. Like other ceme

ACC Q1FY26 results: Net profit grows 4% amid increased sales volumes

ACC reports a 4% growth in Q1 FY26 profit despite a dip in operating margins, as cement sales volumes rise and revenue grows 17.3% YoY

ACC Q1 results: PAT climbs 4.35% to ₹375 cr; revenue up 18% at ₹6,035 cr

Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operati

ArisInfra Solutions bags Rs 350 crore contract from Transcon Group

The said contract is expected to be completed around a period of 45-50 months

NCLT approves merger of AEL's Adani Cementation with Ambuja Cements

Strap: The scheme is set to take effect from April 1, 2024, once all steps in the merger agreement are completed, as stated in the 70-page NCLT order

Nuvoco Vistas Q1 profit surges to Rs 133 cr on trade, premium sales

Nuvoco Vistas posts multi-fold profit growth to Rs 133 cr in Q1 FY26 on low base, premium products and trade sales; eyes Western expansion after Vadraj deal

Muted coal, cement movement drags rail freight growth to 2% in Q1

In rare instance, coal freight earnings dropped in Q1; experts cite import drop

Cement industry grows 9% in May; margins rise on stable input costs: Icra

The cement industry has registered a 9 per cent volume growth in May this year at 39.6 million metric tonnes (MT), while the average cement prices also increased by 8 per cent, says a report. According to the latest report by rating agency ICRA, the cement industry, which is facing a lower sales realisation, also reported a price growth of 8 per cent to Rs 360 per 50 kg bag in May 2025. Moreover, there is also improvement in operating margins, led by stable input costs as energy prices of coal and petcoke, are lower and diesel prices are stable, the report added. "In the first two months (April and May) of FY'26, the prices were up 7 per cent year-on-year (YoY) at Rs 360/bag (of 50 kg). In FY2025, cement prices declined by 7 per cent YoY to Rs 340/bag," it said. Moreover, in the months of April and May this fiscal, volumes increased by 8 per cent YoY to 78.7 million MT. "In FY2025, volumes rose by 6.3 per cent to 453.0 million MT," it said. Based on this, ICRA expects cement volum

Cement makers struggle despite robust growth of construction sector in GDP

The cement industry combined net sales declined to Rs 2.1 trillion in FY25 from Rs 2.22 trillion in the previous year

Motilal Oswal sector of the week: Cement; check top stocks to buy and hold

Motilal Oswal sees upside in UltraTech Cement and JK Lakshmi Cement as they expect a strong profit and margin growth over FY25-FY27

Cement consolidation to continue, industry may grow 7-8% in FY26: Dalmia

Sector consolidation in the cement industry by the big players is expected to continue as the leading companies are likely to enhance their capacity share to more than 60 per cent in the next two years, said the Dalmia Bharat leadership. Moreover, Dalmia Cement expects a bounce back in growth to 7-8 per cent for the cement sector in FY26, which witnessed a subdued cement demand growth of around 5 per cent last year amidst the general elections and erratic rains, according to the latest annual report of India's fourth-largest cement manufacturer. "We believe that the demand growth will bounce back to 7-8 per cent Y-o-Y in FY26, driven by healthy demand from all key drivers- housing, infrastructure building and private investments. The year is also expected to benefit with stronger pricing and a focus on cost savings," said its Managing Director Gautam Dalmia and Managing Director and CEO Puneet Yadu Dalmia. Over the pace of sectoral consolidation, they said it has increased during th

Ambuja makes 30% of cement used in infra, housing projects in India: CEO

Ambuja Cements, now a key part of the Adani Group, has surpassed 100 MTPA capacity and plans to reach 140 MTPA by FY28, driven primarily by brownfield expansions

Cement firms' Q4 volumes grow, but realisations decline amid weak pricing

According to analysts, the consolidation in India's cement sector and the weak demand have put pressure on the pricing environment

Cement industry eyes demand revival amid looming capacity surplus

The lagged impact of fuel price increases of Rs 50-100 per ton during January-April'25 will be seen in H1FY26 given inventory, with higher exposure to petcoke usage impacted more

Cement firms volumes grow, but realisations decline in Q4 amid weak pricing

In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year

HeidelbergCement India Q4 profit up 4.7% to ₹50.45 cr, sales up 2.6%

HeidelbergCement India Ltd has reported a 4.75 per cent increase in net profit to Rs 50.45 crore in the March quarter of FY25. The company had reported a net profit of Rs 48.16 crore in the January-March quarter a year ago, HeidelbergCement India said in a regulatory filing on Wednesday. Its revenue from operations was 2.66 per cent to Rs 612.46 crore in the March quarter. It was at Rs 596.55 crore a year ago. The company recorded a rise in revenue, which was "primarily due to 2 per cent increase in sales volume and 1 per cent increase in prices", the company said in its earnings statement. Total expenses of HeidelbergCement India in the March quarter were at Rs 544.11 crore, up 1.75 per cent. Its total income was at Rs 623.67 crore in the March quarter, up 2.18 per cent. HeidelbergCement India is a subsidiary of Heidelberg Materials, a German multinational building materials company. For the financial year ended on Mar 31, 2025, HeidelbergCement's net profit was down 36.4 per c