Shree Cement Q2 FY27 results (Jul–Sep 2026) and concall

Construction Materials · Concall AI · Call held 23 Oct 2026

Company page: Shree Cement share price, financials & guidance record

Shree Cement demonstrated strong volume resilience in Q2 FY27, growing domestic cement sales volumes by 18% YoY despite a soft monsoon season and geopolitical tensions in West Asia. Profitability was pressured by elevated landed fuel costs (₹2.09/kcal vs ₹1.66/kcal YoY), causing consolidated EBITDA/tonne to contract to ₹966. Management continues aggressive organic expansion targeting 80 MTPA capacity, commissioning a 3 MTPA unit in the UAE while advancing construction on its Meghalaya greenfield plant.

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What they filed

Q2 FY27: revenue up 23.9%, net profit down 15.2% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	4,573	5,532	5,281	4,761	4,801 +5%	6,101 +10%	6,233 +18%	5,897 +24%
Expenses	3,608	4,103	3,948	3,787	3,853	4,717	4,961	4,880
EBITDA	965	1,429	1,333	974	947 −2%	1,384 −3%	1,272 −5%	1,016 +4%
Margin	21%	26%	25%	20%	20%	23%	20%	17%
Other income	111	158	235	179	146	101	212	112
Interest	52	41	46	51	59	56	57	59
Depreciation	799	788	654	668	710	762	686	703
Profit before tax	225	758	868	434	324 +44%	667 −12%	741 −15%	367 −15%
Tax rate	14%	24%	26%	29%	17%	21%	28%	28%
Net profit	194	575	644	310	268 +38%	528 −8%	531 −18%	263 −15%
EPS	53.60	159.18	178.12	85.51	73.92	145.70	146.67	72.57

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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