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Earnings Call

HeidelbergCement India Earnings Call: Key Takeaways

HeidelbergCement India became debt-free in FY26, reporting 25.5% PAT growth and 19.8% EBITDA growth. Strategy focuses on premiumization (52% trade volume) and sustainability.

Highlights
MarginsEBITDA margins improved YoY due to lower input costs.
Demand visibilityStrong post-monsoon outlook driven by UP elections and rural demand.
Management confidenceHigh confidence in passing through cost increases with a lag.

Growth

FY26 sales volume grew 8.8% YoY; EBITDA per ton increased 10% to INR 584.

Outlook

Guidance of 7-7.5% regional industry growth. INR 130cr capex for Khandwa blending unit (0.4 MTPA).

Risks

Pricing pressure in Central India due to capacity expansion by competitors; rising fuel/petcoke costs and inflation.

Source

Earnings Call filed with BSE, BSE: 500292. Summary written with AI assistance from the document.

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HeidelbergCement India Ltd: key numbers

Share price
₹134.97
Market cap
₹3,059 Cr
Revenue (annual)
₹2,330 Cr
Net profit (annual)
₹134.0 Cr
P/E (TTM)
26.3×Sector 33.0×
Promoter holding
69.39%+0.00% QoQ
FII holding
1.07%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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From
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Execution
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