Shree Cement shares jumped nearly 4% on Thursday despite the company reporting an 8% decline in consolidated net profit to ₹526 crore for Q4 FY26, compared to ₹574 crore in the year-ago period. According to reports from IANS, the shares surged around 4% to trade at ₹25,945 apiece on NSE in morning trading hours. While net profit dipped, revenue from operations showed strong growth, surging 10% to ₹6,101 crore in the January-March quarter of FY26, from ₹5,532 crore in the corresponding quarter of the previous financial year.
The company faced significant margin pressure during the quarter, with EBITDA declining 3% to ₹1,384 crore from ₹1,429 crore in the year-ago period, while EBITDA margin contracted sharply to 22.6% from 25.8% in Q4 FY25. Despite operational challenges, the company demonstrated strong volume performance with total cement sales volume growing 11% year-on-year from 9.52 million tonnes to 10.56 million tonnes, while registering 24.5% growth on a quarter-on-quarter basis. As reported by IANS, total volume including clinker sales also jumped 9.4% YoY from 9.84 million tonnes to 10.77 million tonnes, increasing 23.2% on a quarter-on-quarter basis.
The company improved its product mix significantly, with premium products contributing 22% of total trade volume compared to 16% in the same quarter last year. Alongside its earnings, the company's board recommended a final dividend of ₹70 per equity share for FY26, subject to shareholder approval. According to IANS, this takes the total dividend for the year to ₹150 per share, marking a 36% increase over the ₹110 per share payout in FY25. The company also continued expanding its ready-mix concrete (RMC) business, ending FY26 with 26 operational plants and commissioning 10 new commercial RMC plants in March 2026, which are currently under commissioning.
During the quarter, Shree Cement commissioned its integrated project at Kodla, Karnataka, adding 3.65 MTPA clinker capacity and 3.50 MTPA cement capacity. This expansion has taken the company's total installed cement production capacity in India to 69.3 MTPA, further strengthening its position as the country's third-largest cement producer. The company's expansion strategy includes plans to increase its RMC plant count to 36 plants at the start of FY27, with the newly commissioned plants currently under commissioning process.
