Shree Cement announces Q4 EBITDA surge 46% QoQ led by focus on pricing and operational efficiency

#ShreeCementQ4FY25results

Chandigarh: Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and year ended on 31^st March, 2025, reflecting a robust performance. On sequential quarter basis, the Company reported a 142% rise in profit after tax to ₹556 crore, 24% rise in revenue to reach an all-time high of ₹5,240 crore while EBITDA surged by 46% to ₹1,381 crore.

 Financial Highlight

₹ in crore

Operational highlights

·         Total cement and clinker sale volume reached to 9.84 million tonnes, which is the ever-highest quarterly volume achieved by the company

·         Sales of premium products stood at 15.6% of trade sale volume vs 11.9% in Q4’FY24

Commenting on the company’s performance for the quarter, Mr. Neeraj Akhoury, Managing Director of Shree Cement Ltd., stated, “We are pleased to report a strong finish to FY25, with growth across key financial metrics. Our continued focus on premium products and operational efficiency has enabled us to deliver improved profitability. As we move into FY6, we remain optimistic about improved cement demand and will therefore continue to drive our strategic initiatives of premiumization, geo-mix and cost optimization. We remain committed to growth, sustainability, and value creation for our stakeholders.”

 Capex Plans

In April, 2025, the Company commissioned (i) a cement grinding unit in Etah, Uttar Pradesh (3.00 MTPA) (through its wholly owned subsidiary) and (ii) another cement grinding unit at Baloda Bazar, Chhattisgarh (3.40 MTPA). This has taken group’s total installed cement production capacity to 62.8 MTPA in India. Company’s other ongoing projects of integrated cement unit in Jaitaran, Rajasthan and Kodla, Karnataka are scheduled for commissioning by end of Q1’FY26 and Q2’FY26 respectively.

 During the quarter, the Company also undertook capacity up-gradation work of clinker unit in Nawalgarh, Rajasthan and enhanced its capacity from 3.80 MTPA to 4.50 MTPA. The Company is continuously working to identify suitable opportunities to reach its goal of achieving > 80 MTPA capacity by 2028.

ESG Rating

CARE ESG Ratings Limited has conducted an evaluation of the Company’s performance across key Environmental, Social, and Governance (ESG) parameters. Following this assessment, the Company has been assigned an ESG Rating Score of 70.8 and a Rating Symbol of “CareEdge-ESG 1”, indicating strong performance in ESG practices.

Dividend

The Board of Directors of the Company has recommended a final dividend of ₹60 per share, in addition to interim dividend of ₹50 per share for the year 2024-25 declared in January, 2025. The final dividend shall be subject to approval of members in the next Annual General Meeting.

Cement market outlook

During FY26, the cement industry is expected to achieve 6.5-7.5% demand growth fueled by infrastructure projects, rural recovery and real estate momentum. While there are external challenges in terms of geo-political conflicts and trade-barriers by key economies, ability of the Industry in general and Shree Cement in particular to balance growth with sustainability and cost efficiency will be critical to building a new India.