Cement & Cement Products company India Cements announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q1FY27 was Rs 1,019.42 crore, representing a 0.52% YoY decline from Rs 1,024.74 crore in Q1FY26 and a 17.03% QoQ drop from Rs 1,228.65 crore in Q4FY26. Total Income: Total consolidated income reached Rs 1,022.87 crore in Q1FY27, a decrease of 1.06% YoY from Rs 1,033.85 crore in Q1FY26 and a decline of 18.46% QoQ from Rs 1,254.50 crore in Q4FY26. Profit Before Tax (PBT): The company reported a consolidated PBT of Rs 35.80 crore in Q1FY27, rebounding from a loss of Rs 132.11 crore in Q1FY26. This reflects a 47.94% QoQ decrease from Rs 68.77 crore in Q4FY26. Profit After Tax (PAT): Net profit after taxes, minority interest, and share of profit/loss of associates was Rs 26.85 crore in Q1FY27, compared to a loss of Rs 132.91 crore in Q1FY26. This is a 54.87% decrease QoQ from Rs 59.50 crore in Q4FY26. Total Comprehensive Income: The consolidated total comprehensive income for Q1FY27 was Rs 27.77 crore, compared to a total comprehensive loss of Rs 130.52 crore in Q1FY26 and a profit of Rs 60.77 crore in Q4FY26. Standalone Financial Highlights: Revenue from Operations: The company reported a revenue of Rs 1,019.42 crore in Q1FY27, reflecting a marginal decline of 0.52% YoY compared to Rs 1,024.74 crore in Q1FY26 and a decrease of 17.03% QoQ from Rs 1,228.65 crore in Q4FY26. Total Income: For Q1FY27, total income stood at Rs 1,022.62 crore, down 1.05% YoY from Rs 1,033.51 crore in Q1FY26 and down 18.76% QoQ from Rs 1,258.80 crore in Q4FY26. Profit Before Tax (PBT): The company achieved a PBT of Rs 35.57 crore in Q1FY27, marking a significant turnaround from a loss of Rs 10.01 crore in Q1FY26. However, PBT decreased by 46.00% QoQ from Rs 65.86 crore in Q4FY26. Profit After Tax (PAT): PAT for Q1FY27 was Rs 26.62 crore, showing a recovery from a loss of Rs 7.53 crore in Q1FY26. On a sequential basis, PAT declined by 51.38% from Rs 54.75 crore in Q4FY26. Total Comprehensive Income: The standalone total comprehensive income for the quarter was Rs 27.64 crore, compared to a loss of Rs 5.14 crore in Q1FY26 and a profit of Rs 51.18 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 0.86, compared to a negative EPS of Rs 0.24 in Q1FY26 and Rs 1.77 in Q4FY26. Business Highlights: Segment Performance: The Company is primarily engaged in the manufacture and sale of cement and cement-related products. No other reportable segments were identified. Fund Raising through Commercial Paper: During Q1FY27, the company issued 2,000 units of Commercial Paper with a face value of Rs 5,00,000 each, aggregating to Rs 100 crore. These were issued at a discount rate of 6.85% p.a. and are due for redemption on September 23, 2026. CARE Ratings assigned a credit rating of CARE A1+ to this paper. Exceptional Items: Exceptional items during Q1FY27 comprised a profit on the sale of assets amounting to Rs 29.98 crore and a provision for disputed liabilities pertaining to earlier years totaling Rs 55.26 crore. Regulatory and Legal Matters: CCI Penalty: The Competition Commission of India (CCI) imposed a penalty of Rs 187.48 crore in 2016. The matter is currently under appeal in the Supreme Court, which has directed that the interim stay (after a 10% deposit of Rs 18.75 crore) will continue. Asset Attachment: Certain assets with a carrying value of Rs 120.34 crore were attached by statutory authorities in 2015. The matter remains sub-judice, and the company believes it has a strong case for defense. Subsidiary Performance: Five subsidiaries, which were not reviewed or audited, contributed total revenues of Rs 0.25 crore and a net profit of Rs 0.22 crore for the quarter ended June 30, 2026. Result PDF
Cement & Cement Products company India Cements announced Q4FY26 & FY26 results Q4FY26 Standalone Financial Highlights: Revenue from Operations: Rs 1,228.65 crore, up 10.27% QoQ from Rs 1,114.25 crore and up 2.60% YoY from Rs 1,197.57 crore. Total Income: Rs 1,258.80 crore, up 10.17% QoQ from Rs 1,142.62 crore and up 2.93% YoY from Rs 1,222.97 crore. Profit for the Period: Rs 54.75 crore, a significant growth of 1,627.13% QoQ from Rs 3.17 crore and a turnaround from a loss of Rs 63.75 crore in the same quarter last year (YoY). Earnings Per Share (EPS): Rs 1.77 for the quarter, compared to Rs 0.10 in the previous quarter and Rs (2.06) in the same quarter last year. Q4FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 1,228.65 crore, up 10.27% QoQ from Rs 1,114.26 crore and up 2.60% YoY from Rs 1,197.57 crore. Total Income: Rs 1,254.50 crore, up 10.24% QoQ from Rs 1,137.96 crore and up 2.58% YoY from Rs 1,222.97 crore. Net Profit after Taxes: Rs 59.50 crore, a turnaround from a loss of Rs 2.67 crore in the previous quarter and up 305.59% YoY from Rs 14.67 crore. Earnings Per Share (EPS): Rs 1.92 for the quarter, compared to Rs (0.09) in the previous quarter and Rs 0.65 in the same quarter last year. FY26 Standalone Financial Highlights: Revenue from Operations: Rs 4,484.69 crore for FY26, up 9.91% YoY compared to Rs 4,080.39 crore in FY25. Total Income: Rs 4,580.97 crore, up 11.05% YoY compared to Rs 4,125.26 crore in FY25. Net Profit for the Year: Rs 65.32 crore, a complete turnaround from a net loss of Rs 655.65 crore in the previous year. Cash Flow: Net cash used in operating activities stood at Rs (32.94) crore for FY26, compared to Rs 326.80 crore generated in FY25. Earnings Per Share (EPS): Rs 2.11 for FY26, compared to Rs (21.16) in FY25. Dividend: The Board recommended a final dividend of Rs 4.25 (42.5%) per equity share of Rs 10 each for the year ended March 31, 2026. FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 4,484.69 crore for FY26, up 8.31% YoY compared to Rs 4,140.53 crore in FY25. Total Income: Rs 4,572.35 crore, up 5.33% YoY compared to Rs 4,340.88 crore in FY25. Net Profit / (Loss): Net loss narrowed to Rs (67.25) crore in FY26, compared to a net loss of Rs (143.69) crore in FY25. Cash Flow: Net cash used in operating activities improved to Rs (26.74) crore in FY26, compared to Rs (256.22) crore in FY25. Earnings Per Share (EPS): Rs (2.17) for FY26, compared to Rs (4.64) in FY25. Business Highlights: Change in Control: The India Cements Limited is now a subsidiary of UltraTech Cement Limited. Amalgamation: The company completed the merger of four wholly-owned Indian subsidiaries (ICL Securities Ltd, ICL Financial services Ltd, ICL International Ltd, and India Cements Infrastructures Ltd) effective from March 28, 2026. Strategic Divestments: The company sold its entire stake in its subsidiary Industrial Chemicals & Monomers Ltd (ICML) and exited its Indonesian investment in PT Adcoal Energindo. Legal & Regulatory Updates: The company is currently challenging a penalty of Rs 187.48 crore imposed by the Competition Commission of India in the Supreme Court. Additionally, matters regarding the attachment of assets worth Rs 120.34 crore under the PMLA remain sub-judice. Labour Code Impact: The company assessed a one-time incremental impact of Rs 7.72 crore due to the implementation of the new Labour Codes, which was recognized as an exceptional item. Result PDF
Cement & Cement Products company India Cements announced Q3FY26 results Financial Highlights: Net Sales: Rs 1,103 crore against Rs 874 crore during Q3FY25, change 26%. EBITDA: Rs 103 crore against Rs -178 crore during Q3FY25, change 158%. PBT: Rs 6 crore against Rs -278 crore during Q3FY25, change 102%. PAT: Rs -3 crore against Rs 122 crore during Q3FY25, change -102%. Business Highlights: Achieved domestic sales volume of 2.59 MnT; grew 25% yoy. Net Cement Realizations down by 2.4% qoq. Operating EBIDTA/Mt of Rs 299, compared to Rs 330/Mt in Q2 FY26. Capacity Utilization at 69%, increased by 11% yoy. PAT before exceptional items at Rs 6 crore for the quarter. Result PDF