What was Shree Cement's revenue in Q4 FY26?

Shree Cement reported revenue of ₹6,101 Cr in Q4 FY26, a — change year-over-year.

Did Shree Cement management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

SHREECEMENT Manufacturing 2026-04-??

Shree Cement Limited — Q4 FY26

Q: What guidance did Shree Cement management give?

FY27 cement volume target of ~40 million tons: Management expects to achieve around 40 million tons of cement sales in FY27, implying ~10% growth over FY26.

Shree Cement delivered a strong Q4 FY26 with domestic cement sales volume up 11% YoY to 10.56 million tons, driven by a strategic shift to volume growth after narrowing the price gap with the top player by 15-20 rupees per bag.

Revenue ₹6,101 Cr

EBITDA ₹1,212 Cr +34%

PAT ₹528 Cr

EBITDA Margin —

Duration 58 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Shree Cement delivered a strong Q4 FY26 with domestic cement sales volume up 11% YoY to 10.56 million tons, driven by a strategic shift to volume growth after narrowing the price gap with the top player by 15-20 rupees per bag. EBITDA rose 34% YoY to ₹1,212 crore, with EBITDA per ton improving to ₹1,125. Capacity utilization jumped to 66% from 56% in Q3. The company commissioned a 3.65 MTPA clinker and 3.5 MTPA cement plant in Karnataka, raising total capacity to 69.3 MTPA. Management guided for ~40 million tons cement volume in FY27 and capex of ₹1,500 crore. Key risks include Middle East conflict driving fuel cost inflation (expected ₹150-200/ton cost increase in Q1) and potential demand disruption from geopolitical tensions.

Risks4 trackedTranscriptfull text

Research workspace

Focused Modules

!Risks 4 risks

Risk Intelligence

Fuel cost inflation from Middle East conflict

View Risks →

≡Transcript Full text

Call Transcript

Full transcript text is available on this route.

Read Transcript →

Quarter Snapshot

Cement sales volume 10.56M tons

+11% YoY

Domestic cement sales volume for Q4 FY26, up from 9.51M tons in Q4 FY25.

Capacity utilization 66%

+10pp QoQ

Overall capacity utilization improved from 56% in Q3 FY26 to 66% in Q4.

Green electricity share 61%

+2pp QoQ

Share of green electricity in total consumption increased from 59% in Q3.

Trade sale percentage 64%

flat

Trade sales constituted 64% of total cement sales in Q4.

Fast read

Guidance and risk preview

Top guidance FY27 cement volume target of ~40 million tons

Management expects to achieve around 40 million tons of cement sales in FY27, implying ~10% growth over FY26.

Top risk 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 incre...

View Risks →