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23rd October, 2026
Corporate Relationship Department Listing Department
BSE Limited National Stock Exchange of India Limited
Dept. of Corporate Services Exchange Plaza
P.J. Towers, Bandra Kurla Complex
Dalal Street Bandra( East)
Mumbai-400 001 Mumbai -400 051
Scrip Code: 502180 Symbol: SHREDIGCEM
Dear Sir/Madam,
Subject : Unaudited Financial Results for the quarter and half year ended 30th September, 2026 and
Press Release thereon.
In continuation to our letter dated 8th October, 2026 and pursuant to Regulation 33 of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we enclose herewith the following:
a) the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half
year ended 30th September 2026, as recommended by the Audit Committee and approved by the Board
of Directors at their meeting held today i.e. 23rd October, 2026 along with the Limited Review Report of
M/s. BSR and Co., Chartered Accountants, Statutory Auditors of the Company; and
b) Press Release on the above Financial Results.
The extract of the above Un-audited Standalone & Consolidated Financial Results will be published in the
newspaper. The documents referred above are also being uploaded on the website of the Company at
www.digvijaycement.com
The meetings of the Audit Committee and Board of Directors of the Company commenced at 10:30 A.M
and concluded at 01:05 P.M.
Request you to kindly take the above on record.
Thanking you,
Yours truly,
For Shree Digvijay Cement Company Limited
Suresh Meher
Sr. VP (Legal) & Company Secretary
Encl.:
(1) Press Release on Un-audited Financial Results (Standalone and Consolidated) for the quarter and half
year ended 30th September, 2026;
(2) Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended
30th September, 2026 along with Limited Review Report of the Auditors.
23rd October 2026
Press Release
Financial Results for the Quarter Ended 30 September 2026
(Figures in ₹ lacs, unless otherwise stated)
Particulars Quarter Ended Quarter Ended Six months Six months
Sep-26 Sep-25 ended Sep-26 ended Sep-25
Sales Volume – lacs ton* 5.10 2.96 11.16 6.55
Revenue from Operations 27,931 16,135 61,658 35,729
EBITDA (130) 2,048 2,898 4,567
EBITDA per Ton (₹) (26) 692 260 697
Profit Before Tax (2,206) 1,365 (1,291) 3,217
Profit After Tax (1,627) 1,023 (945) 2,402
* Under the Brand Usage, Supply and Distributorship Agreement (“BDA”) with Hi-Bond Cement (India) Private
Limited, the Company sold 212,549 MT during the quarter and 461,892 MT during the six months ended 30
September 2026 of cement manufactured at the Hi-Bond plant. There were no corresponding sales in the quarter
or six months ending 30 September 2025.
Geopolitical uncertainty disrupted global supply chains during the quarter, increasing input and logistics costs,
particularly for fuel, packaging and freight. Following completion of its annual shutdown during the quarter and
six months ended 30 September 2026, the plant is prepared to meet higher market demand. The Company
continues to expand renewable energy use and its blended cement portfolio to enhance profitability and reduce
its carbon footprint.
Long-Term Outlook — Management remains confident in the Company’s long-term growth prospects, supported
by strong operational capabilities, effective supply chain management, an expanding distribution network and
disciplined capital allocation. Together with continued market expansion, these strengths position the Company
to create sustainable value over the long term.
For Shree Digvijay Cement Company Limited
Amit Arora
CEO & Managing Director
Shree Digvijay Cement Company Limited
Regd. Office: Digvijaygram 361140 (Gujarat)
Phone: 0288-2344272-75 Fax: 0288-2344092, Email: investors.sdccl@digvijaycement.com
CIN: L26940GJ1944PLC000749, Website: www.digvijaycement.com
(Rs. in lakhs)
Statement of Standalone Financial Results for the Quarter and Six Months Ended September 30, 2026
For the Year
For the Quarter ended For the Six Months ended
Sr. ended
Particulars
No. 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from operations 27,930.79 33,726.73 16,134.61 61,657.52 35,729.22 74,909.91
(b) Other income 46.13 108.01 106.07 154.14 246.16 405.48
Total income 27,976.92 33,834.74 16,240.68 61,811.66 35,975.38 75,315.39
2 Expenses
(a) Cost of materials consumed 4,345.40 5,467.28 3,778.05 9,812.68 7,661.65 18,023.39
(b) Sub-contracting cost of purchased cement 10,544.28 12,091.51 - 22,635.79 - 1,309.73
(c) Changes in inventories of finished goods and work-in-progress 169.40 246.36 (1,459.55) 415.76 (418.66) (619.25)
(d) Employee benefits expenses 1,051.92 1,103.23 967.03 2,155.15 2,092.00 4,287.59
(e) Finance costs 1,129.13 1,162.97 62.67 2,292.10 120.62 955.32
(f) Depreciation and amortisation expenses 946.41 950.12 620.24 1,896.53 1,228.88 3,124.63
(g) Power and fuel expenses 5,685.91 5,630.20 5,772.55 11,316.11 11,521.56 22,518.73
(h) Freight and handling expenses 2,528.93 3,412.98 2,979.96 5,941.91 6,258.86 13,001.69
(i) Other expenses 3,781.24 2,854.91 2,154.61 6,636.15 4,293.20 9,332.81
Total expenses 30,182.62 32,919.56 14,875.56 63,102.18 32,758.11 71,934.64
3 (Loss) / Profit before tax (1-2) (2,205.70) 915.18 1,365.12 (1,290.52) 3,217.27 3,380.75
4 Tax expense
Current tax (Credit) / Charge (411.24) 210.70 389.07 (200.54) 809.79 387.71
Deferred tax (Credit) / Charge (167.14) 21.96 (46.86) (145.18) 5.53 493.40
Total tax expenses (Credit) / Charge (578.38) 232.66 342.21 (345.72) 815.32 881.11
5 (Loss) / Profit for the period / year (3-4) (1,627.32) 682.52 1,022.91 (944.80) 2,401.95 2,499.64
6 Other comprehensive income / (loss)
Items that will not be reclassified to profit or loss
- Remeasurements of defined benefit liability 1.76 (28.93) 25.62 (27.17) (53.85) (115.71)
- Income tax relating to the above ( 0.44) 7.28 ( 6.45) 6.84 13.55 29.12
7 Total comprehensive income for the period / year (net of tax) (5+6) (1,626.00) 660.87 1,042.08 (965.13) 2,361.65 2,413.05
8 Paid-up equity share capital (Face value Rs. 10 per share) 14,791.50 14,791.50 14,787.00 14,791.50 14,787.00 14,787.00
9 Other equity 21,757.93
10 Earnings per share (In Rupees)
(of Rs.10/- each) (not annualised for the quarters)
Basic earnings per share (In Rs.) ( 1.10) 0.46 0.69 ( 0.64) 1.62 1.69
Diluted earnings per share (In Rs.) ( 1.10) 0.46 0.69 ( 0.64) 1.62 1.69
See annexed accompanying notes.
Page 1
B S R and Co 14th Floor, Central B Wing and North C Wing
Nesco IT Park 4, Nesco Center
Western Express Highway
Chartered Accountants
Goregaon (East), Mumbai – 400 063, India
Telephone: +91 (22) 6257 1000
Fax: +91 (22) 6257 1010
Limited Review Report on unaudited standalone financial results of Shree Digvijay
Cement Company Limited for the quarter ended 30 September 2026 and year to date
results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation
33 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
To the Board of Directors of Shree Digvijay Cement Company Limited
1. We have reviewed the accompanying Statement of unaudited standalone financial results of Shree
Digvijay Cement Company Limited (hereinafter referred to as “the Company”) for the quarter ended
30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026
(“the Statement”).
2. This Statement, which is the responsibility of the Company’s management and approved by its Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid
down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under
Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India
and in compliance with Regulation 33 of the Securities a
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