Fuel cost inflation from Middle East conflict
Geopolitical tensions have increased fuel costs; management expects a 10-12% rise in per kilo calorie cost in Q1 FY27, with potential further increases.
SHREECEMENT / Q4-FY26 / risks
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Packaging cost increase
Packaging costs have risen by ₹20/ton in Q4 and are expected to increase by another ₹80-100/ton in Q1 FY27 due to higher paper prices.
Demand slowdown from geopolitical tensions
The Middle East conflict has slowed sales in UAE, and management noted potential headwinds for the sector from geopolitical issues and monsoon conditions.
Meghalaya expansion incentives uncertain
Management has not yet received confirmed incentives from the Meghalaya government for the new plant, though the project is viable without them.