The India Cements Limited has released its investor presentation for the quarter and half-year ended September 30, 2026. The presentation details the company’s business highlights, financial performance, and ESG updates. Key performance indicators for Q2 FY27 show domestic cement volume at 2.83 MTPA, a 16.2% YoY increase, with EBITDA at ₹148 Cr (up 34.3% YoY) and operating EBITDA/t at ₹510 (up ₹177/t YoY).
The India Cements Releases Q2 FY27 Investor Presentation
The India Cements Limited, a subsidiary of UltraTech Cement Limited, has submitted its investor presentation for the quarter and half-year ended September 30, 2026. This document follows the company’s earlier submission of its unaudited financial results for the same period.
Key Business Highlights for Q2 FY27
The presentation highlights significant achievements for the second quarter of FY27. Domestic cement volume reached 2.83 Million Tonnes Per Annum (MTPA), reflecting a robust year-over-year growth of 16.2%. Profitability also saw substantial improvement, with EBITDA reported at ₹148 Crore, marking a 34.3% increase compared to the previous year. Operating EBITDA per tonne stood at ₹510, an increase of ₹177 per tonne year-over-year.
Key Initiatives and Progress
The company is actively pursuing key initiatives and providing progress updates. Investment approvals include a total of ₹2,000 Crore for various projects. Furthermore, commitments totaling approximately ₹1,728 Crore are in place until September 2026. Upgradation projects have commenced across plants and are expected to continue through Q3 and Q4 of the fiscal year.
Capacity Expansion Roadmap
The capacity expansion roadmap indicates a planned increase in cement capacity from 14.45 MTPA in FY25 to 17.55 MTPA by FY28. This expansion includes contributions from new capacity additions across various plants, with a total of 3.10 MTPA of new capacity planned.
Financial Performance Overview (Q2 FY27 vs. Q2 FY26)
The financial performance for the quarter ending September 30, 2027 (Q2 FY27) shows a revenue from operations of ₹1,142 Crore, compared to ₹1,117 Crore in Q2 FY26. Total expenses reduced from ₹1,036 Crore to ₹998 Crore. Operating EBITDA increased from ₹81 Crore to ₹144 Crore, and EBITDA rose from ₹110 Crore to ₹148 Crore. Profit After Tax (PAT) before exceptional items saw a significant jump from ₹15 Crore to ₹39 Crore.
Cost Indicators and Trends
Key cost indicators for Q2 FY27 highlight a raw material cost of 26% of total costs (₹890/t), fuel cost at 34% (₹1143/t), power cost at 16% (₹527/t), and other costs at 24% (₹824/t). Fuel costs, in particular, have seen a 9% increase QoQ and a 14% increase YoY, driven by an increase in fuel rate and a shift in fuel mix towards Pet Coke.
ESG Metrics and Roadmap
The company is also focusing on Environmental, Social, and Governance (ESG) metrics. Key metrics show an increase in clinker conversion to 1.55x in Q2 FY27 from 1.45x in Q2 FY26. The renewable power mix has also increased significantly to 24.7% in Q2 FY27 from 7.1% in Q2 FY26. The ESG roadmap includes a plan to scale up Green Power (RE+WHRS) from 6% to 80% by FY29.
Strengthening Rural Communities
The company is actively involved in strengthening rural communities through various initiatives, including lake pathway renovation, agricultural support for local farmers, donation of sewing machines, and conducting free medical camps.
Consolidated Financial Position
As of September 2026, the consolidated financial position shows net fixed assets of ₹12,175 Crore and shareholder’s funds of ₹10,189 Crore. Net debt stood at ₹1,591 Crore.
Source: BSE
