Shree Cement’s net profit for the fourth quarter of FY26 decreased by 8.3% year-on-year, reaching Rs 526 crore compared to Rs 574 crore in the same period last fiscal year. Despite the profit decline, revenue from operations increased by 10.3% to Rs 6,101 crore, supported by strong volume growth.
Operational performance faced pressure during the quarter as EBITDA declined by 3% to Rs 1,384 crore, with the EBITDA margin contracting sharply to 22.6% from 25.8% in the previous year. The company’s board proposed a final dividend of Rs 70 per equity share for FY26, subject to shareholder approval, marking a 36% increase over the previous year’s dividend.
Shree Cement reported robust volume growth with cement sales at 10.56 million tonnes in Q4, up by 11% year-on-year and 24.5% sequentially. Total volumes, including clinker, increased by 9.4% annually to 10.77 million tonnes, with a 23.2% rise quarter-on-quarter. The company also enhanced its product mix, with premium products contributing 22% of total trade volume.
The company expanded its ready-mix concrete (RMC) business, closing FY26 with 26 operational plants. In March 2026, Shree Cement commissioned 10 new commercial RMC plants, aiming to increase the count to 36 plants by the beginning of FY27. Additionally, the company commissioned its integrated project in Kodla, Karnataka during the quarter, adding clinker and cement capacity, raising its total installed cement production capacity in India to 69.3 MTPA.
