Sector Construction Materials - Latest news, views and updates

SECTOR | 07 Jul 2025

Cement Apr-Jun'25 Earnings Preview Steady prices amid sequential...

Prabhudas Lilladhar

demand to some extent. However, overall demand remained mixed across regions, mainly due to extreme heatwaves affecting labor availability and demand, southern markets saw the steepest price hike during the quarter,...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 04 Jul 2025

Q1FY26 Earnings Preview - CEMENT

Construction Materials

Axis Direct

Q1FY26 Earnings Preview - CEMENT

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 02 Jul 2025

Building Materials Apr-Jun'25 Earnings Preview Low volume growth...

Construction Materials

Prabhudas Lilladhar

Building Material companies under our coverage universe are expected to report single digit revenue growth due to weak demand, along with contraction in margins due to fluctuations in PVC resin prices in plastic pipe companies and tiles, due to oversupply in the domestic market, which has leads pricing pressure. We anticipate moderate volume growth of 5.2% YoY in plastic pipe sector. Tiles and bathware sectors are likely to experience single digit growth expecting demand to pick up in H2FY26. We expect coverage companies to register sales growth of 4.3% YoY, given correction in Finolex Ind revenue and...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 30 Jun 2025

Cement Monthly Update Early monsoon halts price uptick...

Construction Materials

Prabhudas Lilladhar

Dealers expect prices to decline further in Jul'25 as the monsoon picks up. However, prices remain strong compared to FY25 and YoY prices are up significantly in Southern & Eastern regions. We interacted with cement dealers across regions in India to assess the demand and pricing scenario in Jun'25. Our discussions indicate a mixed demand environment across markets. While heatwaves continued to impact...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 14 Jun 2025

Building Materials Event Update Domestic Demand Steady Amid...

Construction Materials

Prabhudas Lilladhar

We recently interacted with an expert in the Indian ceramic industry, who provided deep insights into the current landscape of the tile industry in Morbi. The discussion covered critical aspects such as gas pricing trends, export and...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 13 Jun 2025

BP Equities Cement Monthly Update May 2025

Construction Materials

BP Wealth

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 03 Jun 2025

Cement Monthly Update Early monsoon & heatwaves impacting...

Construction Materials

Prabhudas Lilladhar

Dealers expect prices to remain flat in Jun'25 with the onset of the monsoon. We interacted with cement dealers across regions in India to assess the demand and pricing scenario in May'25. Our discussions indicate mixed demand scenario across regions. Prices declined in certain markets due to extreme heatwaves affecting labor availability. Early onset of monsoon further added pressure, leading to a slowdown in construction activities in some...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

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.

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.

Construction Materials

SECTOR | 02 May 2025

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...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 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)...

Prabhudas Lilladhar released a Sector Update report for Construction Materials on 08 Oct, 2025.