Cement & Cement Products company Sagar Cements announced Q3FY26 results Sales Volume: Q3FY26 dispatches grew 8% YoY to 1.48 million tonnes and 9% QoQ. Revenue: Revenue from operations in Q3FY26 increased 5% YoY to Rs 590.5 crore; sequentially, it softened 2%. Total expenditure/ton declined 2% YoY to Rs 3,735 in Q3, aided by marginal savings in freight and fuel. Operating EBITDA remained stable YoY at Rs 37.7 crore for the quarter, but normalised per-ton profitability slipped 7% to Rs 254 owing to weaker realisations. Higher depreciation and finance costs led to a Q3FY26 loss after tax of Rs 64.1 crore versus a Rs 54.5 crore loss a year ago. Q3FY26 net realisation slipped 3% YoY and 10% QoQ to Rs 3,989/ton on muted pricing. Raw-material cost/ton rose 8% YoY to Rs 797, while power & fuel cost/ton eased 3% to Rs 1,408; freight cost/ton was marginally lower at Rs 830. Gross debt stood at Rs 1,627 crore (up 1% QoQ) and cash at Rs 83 crore, resulting in net debt of Rs 1,544 crore. Long-term debt-equity ratio remained comfortable at 0.78×. Sreekanth Reddy, Jt. Managing Director, said: “Our performance for the quarter was largely in line with our expectations. Demand remained soft during the first half impacted by the extended monsoon and the festive season, but witnessed a gradual improvement towards the end of the quarter. Pricing also remained benign across most of our markets. That said, we believe we will end the fiscal on a positive note with overall volumes of around 6 million MT, supported by a pickup in demand and an improving pricing trend. Furthermore, we are working towards improving efficiencies and profitability through various cost initiatives, including WHRS and solar capacity additions, lead distance optimization, and plant upgrades. Additionally, we expect improving cash flows and planned land monetization to support prudent growth going forward. On the capacity expansion front, our projects at Andhra Cements and Jeerabad are progressing as per plan. Theconstruction of the 6-stage preheater at the Dachepalli plant of Andhra Cements has been successfully completedand was recently commissioned. The 4.35 MW WHR project at the Gudipadu unit is expected to be commissioned bythe end of FY26. We also expect to commission expansion of the Jeerabad capacity from 1.0 MTPA to 1.5 MTPA byearly part of Q1FY27 and the cement capacity at Dachepalli by August 2026. Going ahead, we remain committed to delivering sustainable and profitable growth by strengthening operationalexcellence, deepening our regional presence, and increasing the use of renewable energy across our manufacturing footprint." Result PDF
Cement & Cement Products company Sagar Cements announced Q2FY26 results Revenue increased by 27% YoY and volume increased by 17% from Rs 47,512 lakh in Q2FY25 to Rs 60,186 lakh in Q2FY26. Operating EBITDA of Rs 5,133 lakh for Q2FY26 as against Rs 1,993 lakh during Q2FY25. Operating EBITDA of Rs 377 per ton during Q2FY26. EBITDA margin increased by 500 bps to 9% for Q2FY26 (v/s Q2FY25). Loss after tax stood at Rs 4,417 lakh for Q2FY26 v/s Loss of Rs 5,698 lakh during Q2FY25. Sreekanth Reddy, Jt. Managing Director, Sagar Cements, said: We have maintained our growth momentum in Q2, with significant volumes growth on a YoY basis, despite the seasonal impact of the monsoon. As expected, realisations softened during the quarter; however, the overall operating environment remained stable with input prices continuing to be benign. Our focus on operational efficiency and cost optimization helped us sustain healthy margins even in a softer pricing environment. EBITDA/ton remained resilient, supported by higher plant utilisation levels and disciplined cost management across the value chain. With the monsoon season now behind us, we expect demand momentum to pick up in H2, led by the continued push in infrastructure, housing, and construction activities. For FY26, we expect our overall sales volumes to be around 6 million MT. Our capacity expansion projects at Andhra Cement, and Jeerabad are progressing as per plan. The construction of 6-stage pre-heater was successfully completed at the Dachepalli Plant of Andhra Cements and after trial runs it got commissioned on 23rd October, 2025, further we expect to commission the cement capacity by the end of Q1FY27.The 4.35 MW WHR project at the Gudipadu unit and the expansion of the Jeerabad capacity from 1 MTPA to 1.5 MTPA are expected to be commissioned by the end of FY26. We remain committed to driving sustainable and profitable growth through operational excellence, enhanced regional presence, and increased use of renewable energy across our manufacturing footprint Result PDF