IDBI Capital
Our channel check suggests, average cement price at an all India level is up 2% MoM in Apr-2021. Region wise, price increase is seen in East/West at 6%/ 5% MoM, North/South at 1% MoM and Central at flat MoM. Cost has moved up too, in Apr-21 imported coal price (adjusted for exchange rate) is up 5% MoM (3% from imported coal and 2% from INR depreciation). Energy prices have been moving up, as on April 21 imported coal price (adjusted for exchange rate) is up 7% vs average of Q4FY21. On demand front, all India cement production in Feb-21 has decreased by 6% YoY. However, in our dealer interaction for this month we gathered Cement...
Prabhudas Lilladhar released a Sector Update report for Construction Materials on 02 Sep, 2025.
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