Shree Cement reported a robust performance for the quarter ended 31st March 2026, driven by surging demand and premiumization. The company achieved a consolidated revenue of ₹6,101 crore, marking significant year-on-year growth. Cement sales volume rose by 11% to 10.56 million tonnes, while the board recommended a total dividend of ₹150 per share for the fiscal year, reflecting a 36% increase over the previous year.
Financial Performance Overview
Shree Cement delivered strong financial results for Q4 FY26 (January–March 2026). On a consolidated basis, the company reported net revenue of ₹6,101 crore, compared to ₹5,532 crore in the same period last year. While the operating profit (EBITDA) stood at ₹1,384 crore, the company successfully managed operational costs despite headwinds from the West Asian conflict.
Operational Milestones
The company saw strong operational momentum, with total cement sale volume growing by 11% year-on-year to 10.56 million tonnes. A key highlight was the surge in premium product sales, which accounted for 22% of total trade volume, up from 16% in the corresponding quarter of the previous year. Additionally, the company is rapidly expanding its Ready-Mix Concrete (RMC) footprint, with the total plant count set to reach 36 following the inauguration of 10 new plants in March 2026.
Capacity Expansion and Sustainability
Shree Cement has strengthened its position as India’s third-largest cement group by commissioning an integrated project at Kodla, Karnataka, adding 3.65 MTPA of clinker and 3.50 MTPA of cement capacity. This brings the total installed capacity to 69.3 MTPA. The company remains committed to green energy, with its green electricity consumption share rising to 61% in Q4 FY26 and a total green power generation capacity of 666.5 MW.
Dividend and Market Outlook
Reflecting its strong financial health, the board has recommended a final dividend of ₹70 per share. Combined with the interim dividend of ₹80 per share, the total payout for FY25-26 reaches ₹150 per share. Looking ahead, the company remains optimistic about growth, supported by the Union Budget 2026–27 thrust on infrastructure and healthy demand fundamentals in the medium term, despite potential short-term headwinds from moderate monsoon forecasts.
Source: BSE
