BSECompany Update5d ago · 31 Jul 2026, 02:37 pm
Press Release on Financial Results for the Quarter ended 30th June, 2026
Shree Cement Ltd · 500387
✦ AI Summary▲ PositiveResults
Shree Cement Ltd reported Q1FY27 results with a 17% YoY growth in cement sale volume and 23.3% of total trade volume from premium products. Operating profit was lower due to higher fuel and raw material costs. The company also announced a 65.2% share of green electricity in total electricity consumption and an upgrade in ESG rating to 73.8 from 70.8.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
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Shree Cement Ltd - 500387 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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~111shree
Cement
SCL/SE/2026-27/
31st July, 2026
National Stock Exchange of India Limited, BSE Limited
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra – Kurla Complex, Bandra (East) Dalal Street,
MUMBAI – 400 051 MUMBAI – 400 001
SCRIP CODE: SHREECEM EQ SCRIP CODE 500387
Debt Segment NCD ISIN: INE070A07061 Debt Segment NCD ISIN: INE070A07061
Re: - Press Release
Dear Sir/Madam,
Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed Press Release on Financial Results of the Company for
the Quarter ended 30th June, 2026.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For SHREE CEMENT LIMITED
S.S. KHANDELWAL
COMPANY SECRETARY
Shree Cement Limited
Corporate office: DLF Epitome, Building No. 5, Tower B, 9th Floor, DLF Cyber City, Gurugram, Haryana - 122002
Tel.: +91-124-4699200 I www.shreecement.com I CIN: L26943RJ1979PLC001935
Registered Office: Bangur Nagar, Beawar, Rajasthan -305901 I Tel.: 01462-228101-06 I shreebwr@shreecement.com
Group Corporate Office: 21 Strand Road, Kolkata, West Bengal - 700001
BllNGUR
1-.111S hree
-,11 Cement BUILD SMART
PRESS RELEASE
Shree Cement announces Q1’FY27 results
Strong volume growth driven by targeted sales interventions and
premiumization push
Beawar, July 31, 2026 – Shree Cement, India’s third-largest cement group by capacity, announced its financial
results for the quarter ended 30th June, 2026. The highlights are:
Financial Highlights
₹ in crore
Particulars Standalone Consolidated
Quarter Quarter Quarter Quarter Quarter Quarter
ended 30th ended 30th ended 31st ended 30th ended 30th ended 31st
June, 2026 June, 2025 March, 2026 June, 2026 June, 2025 March, 2026
Net Revenue 5,623 4,948 5,643 6,233 5,281 6,101
from Operations
Operating Profit 1,074 1,229 1,250 1,272 1,333 1,384
(EBITDA)
Profit after Tax 438 619 532 531 644 528
Cash Profit 983 1,161 1,195 1,168 1,287 1,292
Operational highlights (India operations)
• Cement sale volume grew by 17% year-on-year, from 8.74 million tonnes to 10.23 million tonnes whereas
total sale volume (including clinker) grew by 17.2% year-on-year, from 8.95 million tonnes to 10.49 million
tonnes
• Operating profit is lower due to higher fuel and raw material cost resulting from impacts of West Asia crisis
• Sales of premium products jumped to 23.3% of total trade volume via-a-vis 17.7% in the corresponding
quarter of previous year
• Thermal Substation Rate (TSR) improved to 5.1% vis-à-vis 1.9% in Q1’FY25-26
Ready-Mix Concrete business
Ready-Mix Concrete (RMC) business continued its strong growth trajectory during the quarter, with volumes
increasing by 156% year-on-year to 2.36 lakh cubic meters, compared to 0.92 lakh cubic meters in the
corresponding quarter of the previous year. The Company further strengthened its footprint by commissioning 8
new RMC plants, taking the total number of operational plants to 33. As a result, the business now has a presence
across 17 cities in 11 states, reinforcing its position as one of India’s fastest-growing organically built RMC
networks.
Commenting on the performance, Mr. Neeraj Akhoury, Managing Director, Shree Cement Limited said, “The
quarter was marked by healthy demand momentum, strong volume growth and continued progress on our
premiumisation drive. Company continued its focus on driving Volume growth as well as value proposition which
Page 1 of 2
Regd Office: Bangur Nagar, Beawar – 305 901, Rajasthan, India
Ph: (91)1462-228101-06, Fax: (91)1462-228117/119, Website: www.shreecement.com, CIN: L26943RJ1979PLC001935
BllNGUR
1-.111S hree
-,11 Cement BUILD SMART
was well supported by expanding contribution from our RMC business. The increase in premium products to 23.3%
of trade volumes reflects the strength of our brands.
Our performance also demonstrates the resilience of our operating model amid cost pressures and external
uncertainties. We remain focused on improving energy efficiency, increasing the share of green power,
strengthening digital-led productivity initiatives and executing our strategy to increase market share. With all
these levers in place, we are confident of delivering sustainable, profitable and responsible growth in the coming
quarters.”
Capex
The work on Company’s proposed greenfield integrated plant in the state of Meghalaya is progressing
satisfactorily. Necessary clearances have been obtained, and orders of major plant and machinery items have
been placed. The project is expected to be completed by quarter ended 31st March, 2028. The Company continues
to actively and strategically pursue multiple expansion opportunities to achieve its growth milestones.
Sustainability initiatives
Key highlights of the sustainability performance of the Company are as under: -
• The Company’s share of green electricity in total electricity consumption stood at 65.2% in Q1’FY27 (64% for
Q1’FY26) including of its wholly owned subsidiaries in India which is one of the highest in the Indian cement
industry.
• The Company is consistently ramping up its green power generation capacity which currently stands at 666.5
MW (including of its wholly owned subsidiary in India).
• All the Company’s manufacturing locations are Zero Liquid Discharge, treating, recycling, and reusing 100% of
wastewater generated from its operations. These efforts have enabled the Company to maintain its water
positivity index of >8 times in FY2025-26. The Company endeavours to improve these levels in current year.
• CARE ESG Ratings Limited upgraded the Environmental, Social and Governance (ESG) rating Score of the
Company to 73.8 from 70.8 while reaffirming the Rating Symbol of ‘CareEdge-ESG 1’. This upgrade reflects the
Company’s continued strengthening of sustainability practices, operational efficiency, and governance
oversight across its business operations.
Cement market outlook
India’s economic outlook remains positive, supported by rising consumption, infrastructure-focused government
spending, stable inflation, and favourable policy measures. Continued investments in roads, railways, and urban
infrastructure are expected to support construction activity and cement demand, positioning the industry for
healthy medium-term growth. However, geopolitical tensions in West Asia and the possibility of a moderate
monsoon could pose short-term challenges to growth momentum.
*****i
About Shree Cement Limited
One of the leading cement groups in India, Shree Cement Limited (‘SCL’) (BSE: 500387/ NSE: SHREECEM) is known for its industry leading green credentials, cutting edge innovative
practices and cost leadership. It follows ‘highest standards of Corporate Governance and has a long history of enjoying stakeholders’ trust. Shree Cement is known for its high-
quality products which are manufactured at advance manufacturing facilities across India and UAE. It is determined to deliver the most sustainable building material solutions to
its consumers. The company is relentlessly pursuing its goal of having more than 80 million tonnes of production capacity in the coming years.
Page 2 of 2
Regd Office: Bangur Nagar, Beawar – 305 901, Rajasthan, India
Ph: (91)1462-228101-06, Fax: (91)1462-228117/119, Website: www.shreecement.com, CIN: L26943RJ1979PLC001935