Sector Construction Materials - Latest news, views and updates

Construction Materials

SECTOR | 30 May 2025

Top Conviction Ideas - Cement

Construction Materials

Axis Direct

Top Conviction Ideas - UltraTech Cement Ltd., JK Cement Ltd., Birla Corporation Ltd.

BP Wealth released a Sector Update report for Construction Materials on 13 Nov, 2025.

Construction Materials

SECTOR | 02 May 2025, 12:00AM

Cement Monthly Update Heatwaves & sharp price hikes...

Construction Materials

Prabhudas Lilladhar

We interacted with cement dealers across regions in India to assess the demand and pricing scenario in Apr'25. Our discussions indicate that demand remained steady across most of the regions during the month. However, prices declined in certain markets due to extreme heatwaves affecting labor availability, which in turn weighed on demand. The ongoing marriage and...

BP Wealth released a Sector Update report for Construction Materials on 13 Nov, 2025.

Construction Materials

SECTOR | 08 Apr 2025

Building Materials Jan-Mar'25 Earnings Preview Low volume growth...

Construction Materials

Prabhudas Lilladhar

EBITDA and PAT are expected to decline by 20.6% and 24.1% YoY, respectively, mainly due to margin contraction of 380bps YoY, largely because of inventory losses and volatility in PVC resin prices. Supreme Industries and Astral are expected to post moderate sales growth of +3.2% and +4.3% YoY, respectively, with volume growth in the Pipes & Fittings (P&F)...

BP Wealth released a Sector Update report for Construction Materials on 13 Nov, 2025.

Construction Materials

SECTOR | 07 Apr 2025

Cement Jan-Mar'25 Earnings Preview Demand stays firm, cost...

Construction Materials

Prabhudas Lilladhar

volume growth and a slight uptick in pricing during the quarter. Demand remained firm across regions, led by private builders and IHB segment, supported by a growing real estate market, increased government-led infrastructure activities, and the lifting of GRAP-3 restrictions imposed earlier in NCR due to pollution. However, certain challenges impacted pricing and overall growth. Labor shortages due to regional festivals in Jan'25, an increase in non-trade sales, and a volume push by companies to meet year-end sales targets restricted the scope for price hikes. Additionally, intense competition...

BP Wealth released a Sector Update report for Construction Materials on 13 Nov, 2025.

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

BP Wealth released a Sector Update report for Construction Materials on 13 Nov, 2025.

Construction Materials

SECTOR | 01 Apr 2025, 12:00AM

Cement Monthly Update Strong demand, but pricing stagnates...

Construction Materials

Prabhudas Lilladhar

strong in Mar'25 and has been on an upward trend since late Dec'24. However, prices declined in a few regions in Mar'25, primarily due to dealers pushing volumes to meet year-end targets. Among key markets, Ahmedabad, Bhopal and Hyderabad saw a price decline of Rs10/bag, while prices remained unchanged in Jaipur, Chennai and Mumbai. In contrast, Delhi, Patna, Kolkata and Lucknow witnessed a price hike of ~Rs10/bag. As a result, all-India average price remained largely flat MoM at Rs352/bag. Looking ahead, with...