Sector Construction Materials - Latest news, views and updates

Construction Materials

SECTOR | 04 Apr 2025

Q4FY25 Earnings Preview - CEMENT

Construction Materials

Axis Direct

Our Top Positive Plays: UltraTech Cement; JK Cement; JK Lakshmi Cement; Star Cement

Construction Materials

SECTOR | 20 Mar 2025

Cement prices sees gradual price recovery

Construction Materials

KRChoksey

Cement prices exhibited early signs of stabilization, following a subdued pricing environment through October and November 2024, driven by weak demand dynamics. However, a turnaround materialized in December, supported by rural housing expansion, and infrastructure-driven demand,
leading to a moderate recovery in prices.

Construction Materials

SECTOR | 12 Feb 2025

Cement prices stabilizing with signs of bottoming out

Construction Materials

KRChoksey

Cement prices across India remained subdued through October and November 2024, reflecting weak demand conditions. However, a turnaround began in December, driven by government capital expenditure, rural housing growth, and infrastructure projects which helped stabilize prices.

Construction Materials

SECTOR | 10 Feb 2025

Top Conviction Ideas - Cement

Construction Materials

Axis Direct

Top Conviction Ideas - UltraTech Cement Ltd, JK Cements Ltd, Ambuja Cements Ltd

Construction Materials

SECTOR | 08 Jan 2025

Cement companies continue to face pricing pressure

Construction Materials

KRChoksey

Prices to remain under pressure amid consolidation, capacity overhang and subdued government capex
• The cement sector's performance in H1FY25 was characterized by muted volume growth across the board, compounded by a consistent erosion in pricing power. This pricing pressure, driven by sector consolidation and competitive dynamics, saw realization and EBITDA per ton decline further.

Construction Materials

SECTOR | 06 Jan 2025

Q3FY25 Earnings Preview - CEMENT

Construction Materials

Axis Direct

Q3FY25 Earnings Preview - CEMENT

Construction Materials

SECTOR | 03 Dec 2024

H2FY25E government spend surge to drive cement sector growth

Construction Materials

KRChoksey

Cement prices continued to decline in Q2FY25, extending the downtrend observed over the past few quarters. The sequential drop in prices can be attributed to several factors, including prolonged monsoons, ongoing sector consolidation, and the traditionally weak seasonality of the quarter.

Construction Materials

SECTOR | 13 Nov 2024

Top Conviction Ideas Cement

Construction Materials

Axis Direct

Top Conviction Ideas Cement: UltraTech Cement Ltd; JK Cements Ltd ; Ambuja Cements Ltd

Construction Materials

SECTOR | 15 Oct 2024

Cement companies struggle amid persistent price pressures

Construction Materials

KRChoksey

The cement sector is gripped by falling prices, consolidation, and a fierce market share battle
In Q1FY25, the cement sector experienced moderate volume growth across our coverage, but the persistent decline in cement prices continued to erode both realization and EBITDA per ton.

Construction Materials

SECTOR | 07 Oct 2024

Cement

Construction Materials

Prabhudas Lilladhar