Analysts/Institutional Investor Meet/Con. Call Updates

SAGAR CEME 5 LIM TED SCL:SEC: NSE:BSE:2026-27~ 30th July, 2026 The National Stock Exchange of India Ltd., The Secretary "Exchange Plaza", 5th Floor BSE Limited Bandra - Kurla Complex P J Towers Bandra (East) Dalal Street Mumbai - 400 051 Mumbai -400 00 I Scrip Code: 502090 Symbol SAGCEM Series EQ ISIN INE229COI021 Dear Sir, Sub: Submission of transcription of Conference Call under Regulation 30 read with Schedule III ofSEB[ (LODR) Regulations, 2015 on Ql FY27 financial results Pursuant to the above said Regulation, we are forwarding herewith the Transcript of the Earnings Call held on 28th July, 2026 in connection with the recently announced un-audited Standalone and Consolidated financial results of the company for the first quarter ended 30th June, 2026. Thanking you Yours faithfully For Sagar Cements Limited J.Raja Reddy Company Secretary M.No:A31113 Registered Office: CERTIFIED Plot No. III, Road No.1 0, Jubilee Hills, Hyderabad -500033, Telangana State, India. Phone: +91 40 23351571,23351572 ISO 9001:2015 E-mail: info@sagarcements.in Website: www.sagarcements.in CIN: L26942TG 1981 PLC002887 GSTIN: 36AACCS8680H2ZY ISO 14001 :2015 ISO 45001 :2018 Factories: ISO 50001 :2018 I) Mattampally Village & Mandai, Suryapet District, Telangana State -508204. Phone: 08683 247039 GSTlN: 36AACCS8680H IZ Z 2) Bayyavaram Village, Kasimkota Mandai, Anakapally District, Andhra Pradesh State -531031. Phone: 08924244550 GSTIN : 37 AACCS86BOH IZ X 3) Gudipadu Village, Yadiki Mandai, Ananthapur District, Andhra Pradesh State -515408. Phone: 08558 200272 GSTIN: 37A ACCS8680H I ZX UKAS MAtIAG£MEIIT SYSTEMS 4) Kalinganagar, Industrial Complex,Tahsil-Dangadi, Dist -Jajpur, Odisha State. Phone: OB340 882288 GSTIN: 21 AACCSB680H I ZA 0008 Sagar Cements Limited (SAGCEM) Q1 FY 2027 Earnings Conference Call July 28, 2026 MANAGEMENT: Gavin Desa - CDR India Sreekanth Reddy - Joint Managing Director K. Prasad - Chief Financial Officer ANALYSTS: Shravan Shah Rajesh Ravi Janvi Mundra Sarthak Sancheti Parth Bhavsar Avinash Nahata Harsh Jain Presentation Vibha Jain: Good morning, ladies and gentlemen. Welcome you all to the Q1 FY 2027 Results Conference Call of Sagar Cements Limited. From the management, we have with us today Mr. Sreekanth Reddy, Joint Managing Director; Mr. K. Prasad, Chief Financial Officer; Mr. Rajesh Singh, Chief Marketing Officer; and Mr. Raja Reddy, the Company Secretary. I would now like to hand over the call to Gavin Desa from CDR India for his opening comments, post which we will hand over the call to management. Over to you, Gavin. Gavin Desa: Thank you, Vibha, and thank you for introducing the management. We will begin this call with opening remarks from the management, following which we will have the floor open for an interactive Q&A session. Before we begin, I would just like to point out that some statements made in today's discussions may be forward-looking in nature, and a note to that effect was stated in the conference call invite sent to you earlier. I would now like to hand over to Mr. Sreekanth Reddy for his opening remarks. Over to you, Sreekanth. Sreekanth Reddy: Thank you, Gavin. Good morning, everyone, and welcome to Sagar Cements' earnings call for the quarter ended June 30, 2026. Let me begin the discussion with a brief overview of the market, post which I will move on to Sagar specific developments. The quarter witnessed a mixed operating environment for the cement industry. Demand remained broadly healthy across most regions, supported by continued Page 1 of 14 Sagar Cements Limited (SAGCEM) Q1 FY 2027 Earnings Conference Call July 28, 2026 government-led infrastructure spending, resilient housing activity, and a steady progress in construction across both urban and rural markets. While the underlying demand environment remained encouraging, growth during the quarter was temporarily impacted by heat wave across several parts of the country, which in turn affected the construction activity to a certain extent, as well as election-related labour shortages in parts of Eastern and Southern India that led to a short-term execution challenges. On the pricing front, realisation improved at the beginning of the quarter, supported by price hikes across several markets. However, pricing momentum moderated towards the end of the quarter amid competitive intensity and regional market dynamics, resulting in broadly stable to marginal improved realisation on a sequential basis. Despite these near-term headwinds, the industry's long-term demand outlook remains favourable, supported by sustained infrastructure investments, continued urbanisation, and a healthy pipeline of housing and industrial projects. Moving on to Sagar specific developments, we delivered a healthy volume growth of around 13% during the quarter, reflecting resilient demand across our key markets and disciplined execution by our teams. Consequently, revenue increased by 5% year-on-year, driven primarily by higher volumes, while realisations remained broadly stable. We remain confident of achieving volumes of approximately 7 million tons in FY 2027, supported by our expanding market presence and ongoing operational initiatives. Our pricing remained broadly stable with a marginal sequential improvement reflecting our disciplined market approach. From an operational standpoint, the EBITDA per tonne for the quarter stood at ₹451. As anticipated, profitability and margins moderated during Q1 due to elevated input prices across the energy, fuel, and packaging amid the geopolitical tensions in West Asia. While the price increases undertaken during the quarter helped offset a part of the cost inflation, they were insufficient to fulfil mitigate the impact. Looking ahead, we expect input cost pressures to gradually ease as the geopolitical situation normalises. At the same time, our continued focus on cost optimisation through waste heat recovery systems, increased use of green energy, and the ongoing plant efficiency initiatives will further strengthen our cost structure and support margin improvement over the medium term. Page 2 of 14 Sagar Cements Limited (SAGCEM) Q1 FY 2027 Earnings Conference Call July 28, 2026 On the CapEx front, we successfully commissioned the remaining 1.55 MW waste heat recovery out of the total installed capacity of 4.35 MW at our Gudipadu plant and completed the 0.5 million tonne capacity expansion at our Jeerabad unit during the quarter. These investments enhance our manufacturing footprint, improve operating efficiencies, and position us well to capture the future demand. The 0.75 million tonne cement capacity expansion at Andhra Cements, is likely to be completed before the end of this current quarter. Power and fuel cost stood at ₹1,484 per tonne as against ₹1,450 per tonne reported during Q1 FY 2026. Freight cost for the quarter stood at ₹858 per tonne as against ₹860 per tonne during Q1 FY 2026. From an operational point of view, Mattampally plant operated at 65% utilisation while Gudipadu, Bayyavaram, Jeerabad, Jajpur, and Dachepalli plants operated at 79%, 67%, 96%, 50%, and 42% respectively during the quarter. Loss after tax for the quarter stood at ₹28 crore. As far as the key balance sheet items are concerned, the gross debt as on 30th June 2026 stood at ₹1,704 crore, out of which ₹1,434 crore as a long-term debt and the remaining constitutes the working capital. The net worth of the company on a consolidated basis as on 30th June, 2026 stood at ₹1,833 crore. Debt equity ratio stands at 0.78:1. Cash and bank balances at ₹105 crores as on 30th June, 2026. That concludes my opening remarks. We would now be glad to take any questions that you may have. Thank you. Question-and-Answer Session Vibha Jain: Thank you. We will now begin the question-and-answer session. Anyone who have the question can ask through raise of hands or through chat box. We will take the first question from Mr. Shravan Shah. Shravan Shah: A couple of questions. First, on the volum [Showing first 8,000 characters — download PDF for full document]