Shree Cement Q2FY26 Profit Surges 198% YoY to ₹277 Crore; Revenue Up 15%

Kolkata, October 29, 2025: Shree Cement Limited (NSE: SHREECEM, BSE: 500387) announced a sharp rise in consolidated earnings for the quarter ended September 30, 2025, supported by higher sales volumes and a better product mix while maintaining operational efficiency.

Shree Cement Limited was founded in 1979 with headquarters in Beawar, Rajasthan, and has been one of the leading cement companies in India, recognized for cost efficiency and sustainability-driven operations. With its state-of-the-art manufacturing units located in India and the UAE, it continues to develop innovative practices for sustainable building materials in its quest to exceed 80 million tonnes of production capacity in the near future.

Key Financial Highlights (Standalone)

The company’s net revenue from operations was ₹4,303 crore during Q2 FY26, up 15% from ₹3,727 crore in the corresponding quarter of last year, though down 13% sequentially from ₹4,948 crore in Q1 FY26.

Operating profit rose 44% YoY to ₹851 crore versus ₹593 crore in Q2 FY25 but fell 31% QoQ. PAT jumped 198% YoY to ₹277 crore against ₹93 crore in the corresponding quarter a year ago, though it was lower than ₹619 crore in Q1 FY26. Cash profit stood at ₹841 crore, which was up 19% from ₹709 crore in Q2 FY25. It fell 28% from ₹1,161 crore in the previous quarter.

Operational Highlights

Cement sales volume increased 6.8% year-on-year, mainly because of stable market demand and the improvement of distribution efficiency. Premium products represented 21.1% of total trade volumes, up significantly from 14.9% in the same quarter last year, reflecting strong brand positioning in high-margin segments.

UAE Operations Performance

The UAE business at the company has shown strong growth, reporting revenue of AED 231.8 million, up 50% year on year. Operational EBITDA surged 158% to AED 52.5 million, supported by a 34% increase in the volume sold to 13.19 lakh tonnes against 9.87 lakh tonnes last year.

Management Commentary

Managing Director Neeraj Akhoury said that Q2 performance underlines the resilience and strategic execution of the company amidst dynamic market conditions. He added that ongoing policy support and stable inflation are expected to drive cement demand in the coming quarters, thus creating a positive growth outlook.

Expansion & Capex Plans

• Shree Cement commissioned a 3.65 MTPA clinkerisation line at its integrated project in Jaitaran, Rajasthan.
• A 3.0 MTPA cement mill at the same location is due for commissioning shortly.
• The 3.0 MTPA Kodla project is nearing completion in Karnataka.
• The company remains focused on achieving its target of over 80 MTPA cement capacity in the near term.

Sustainability & Green Initiatives

• Green electricity accounted for 63.15% of total power consumption in H1 FY26, among the highest in India’s cement sector.
• The country’s green power capacity stood at 612.5 MW, including a newly commissioned 20 MW solar plant at Chitrakoot, Uttar Pradesh.
• All manufacturing facilities operate on a Zero Liquid Discharge basis, enhancing the company’s water positivity index to above 8x.
• The company received several recognitions, including
  • The Times of India Ecopreneur Special Recognition Award 2025,
  • The CSR Award for Excellence in Rural Development (Kodla unit, FKCCI, Bengaluru),
  • The Bhamashah Samman for contributing ₹255 crore to Bihar’s exchequer.

Ready-Mix Concrete (RMC) Business

Shree Cement expanded its RMC network to 24 operational plants, marking its foray into East India with a new facility in Raipur, Chhattisgarh. The company also commissioned India’s first solar-powered RMC plant in Jaipur, which would help reduce carbon emissions and promote eco-friendly construction practices.

Share Price Update

The share price of Shree Cement was trading at ₹28,570, down by 0.052% as of 10 AM on Wednesday. Shree Cement Ltd’s stock opened at ₹28,585.00 and reached an inyraday high of ₹29,425.00 during the trading session. However, the day’s low stood at ₹28,450.00. The company commands a market capitalisation of ₹1.03 lakh crore. During the past one year, the stock has been trading between a 52-week high of ₹32,490.00 and a low of ₹23,500.00

REF: https://nsearchives.nseindia.com/corporate/SHREECEM_28102025164059_NSE_BSE_Press_Release_281025.pdf

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