| Revenue growth | Q2 revenue +17% YoY; H1 revenue +11% YoY |
|---|---|
| Margins | Q2 EBITDA margin 6%, down 300bps YoY; EBITDA ₹265/ton |
| Demand visibility | Post-monsoon construction recovery; infrastructure spending supportive |
| Management confidence | Expects H2 FY27 demand and gradual margin recovery |
Growth
Q2 revenue +17% YoY to ₹70,536 lacs; volume +26%. H1 revenue +11% to ₹1,41,143 lacs; H1 EBITDA -32%.
Outlook
No numeric guidance. Expects H2 FY27 demand recovery and gradual margin improvement. FY27 capex budget ₹326 Cr.
Risks
Realisation -7% YoY, soft prices Jul-Aug, West Asia-driven fuel and packaging inflation, monsoon slowdown, maintenance shutdowns.
Last quarter's promises, checked
Delivered
- Guided ~15% FY27 volume growth → Q2 volume +26% YoY (= BEAT; quarter vs full-year)
Partly delivered
- Guided Andhra 0.75 MT expansion done by Sep-26 → not confirmed; Dachepalli 3.0 MTPA commissioned 28-Sep-26, different asset (= PARTIAL, unverified)
Missed
- Guided FY27 EBITDA ₹500–550/t → Q2 ₹265/t (= MISS)
- Guided flat/stable prices → realisation ₹4,127/t, -6% QoQ (= MISS)
- Guided net debt ₹1,565 cr → ₹1,159 cr path → net debt ₹1,630 cr (= MISS)
Investor Presentation filed with BSE, NSE: SAGCEM. Summary written with AI assistance from the document.
Sagar Cements Ltd: key numbers
- Share price
- ₹123.04
- Market cap
- ₹1,608 Cr
- Revenue (annual)
- ₹2,650 Cr
- Net profit (annual)
- ₹-11.07 Cr
- P/E (TTM)
- -45.4×Sector 32.2×
- Promoter holding
- 48.33%+0.00% QoQ
- FII holding
- 1.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sagar Cements Ltd
All →Sagar Cements Q2 FY27 Results: Net Loss of ₹51.5 Cr, Loss Widens
Sagar Cements reported a Q2 standalone net loss of Rs.2,058 lakh. The unaudited results were approved by the board on 30 October 2026.
- Key figure
- Net loss ₹51.5 Cr
Sagar Cements Board Meeting Date
Sagar Cements Limited will hold a board meeting on October 30, 2026, to consider the company's standalone and consolidated financial results for the quarter ended September 30, 2026.
Sagar Cements Other Announcement
Sagar Cements Ltd submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as required under SEBI Regulation 31(1)(b).
Sagar Cements Production Started
Sagar Cements' subsidiary, Andhra Cements Limited, successfully commissioned its expanded cement grinding capacity at the Sri Durga Cement Works plant in Andhra Pradesh.
- incremental grinding capacity
- 1.18 MTPA
Sagar Cements Earnings Call Transcript: Key Takeaways
Management maintains a confident stance on 13% volume growth despite input cost headwinds. While Q1 saw seasonal and election-related labor disruptions, commissioning of new capacity and waste heat recovery systems are expected to drive H2 margins.
Sagar Cements Investor Presentation: Key Takeaways
Sagar Cements reported Q1 FY27 revenue of ₹706 Cr (up 5% YoY) but a PAT loss of ₹28.1 Cr. Sales volume grew 13% YoY to 1.61 MnT.