The India Cements Limited delivered a robust financial performance for the quarter ended 31st March 2026, reporting a profit after tax of ₹70 crores. Driven by an 18% year-on-year growth in domestic sales volume to 3.12 MnT, the company successfully scaled its operations. Capacity utilization rose to 84%, supported by improved net realizations and enhanced cost efficiencies in power and fuel consumption.
Financial Highlights for Q4 FY26
The company demonstrated a significant operational turnaround during the final quarter of the financial year. Key financial metrics include an EBITDA of ₹179 crores, marking a substantial increase from ₹103 crores in Q3 FY26 and ₹23 crores in Q4 FY25. Operating EBIDTA per tonne reached ₹497, significantly higher than the ₹305 reported in the previous quarter.
Operational Performance and Sales
Sales performance remained strong throughout the period, with domestic sales volume hitting 3.12 MnT. The company completed its brand migration in March 2026, a strategic milestone for its market presence. Trade sales remained stable at 75%, while the sales mix was categorized as 82% bag sales and 18% bulk sales. Furthermore, net realization per tonne saw a 3.5% improvement on a quarter-on-quarter basis.
Strategic Growth and Sustainability Initiatives
The company has outlined an ambitious ₹2,000 crore capital expenditure plan for the next two years to drive future growth and efficiency. This investment will support a 2.8 Mtpa expansion in cement capacity and significant infrastructure upgrades, including the conversion of 4/5 stage preheaters to 6 stage systems.
Sustainability is a core focus, with a target to scale up green power (Renewable Energy + Waste Heat Recovery System) from 6% to 80% by FY29. Current efforts include the expansion of renewable energy capacity to 263 MW and WHRS capacity to 24 MW, ensuring long-term operational sustainability.
Full Year Performance Overview
For the full financial year FY26, the company reported an EBITDA of ₹484 crores, rebounding from a loss of ₹174 crores in the previous fiscal year. While the consolidated net profit after exceptional items stood at a loss of ₹67 crores due to one-time adjustments, the core operating performance indicates a strong recovery trajectory for the organization.
Source: BSE
