Key Quantitative Figures

Standalone Financial Results (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹221.68 crore (vs ₹140.31 crore YoY)
  • Total Income: ₹222.99 crore (vs ₹142.63 crore YoY)
  • Finance costs: ₹264.13 crore (vs ₹32.65 crore YoY)
  • Power and fuel costs: ₹822.84 crore (vs ₹402.75 crore YoY)
  • Loss before tax: ₹164.48 crore (vs profit of ₹124.66 crore YoY)
  • Net loss: ₹152.08 crore (vs profit of ₹90.69 crore YoY)
  • Basic EPS: (₹10.11) (vs ₹6.47 YoY)

Standalone Financial Results (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹441.02 crore (vs ₹290.87 crore YoY)
  • Total Income: ₹449.44 crore (vs ₹295.93 crore YoY)
  • Net loss: ₹225.95 crore (vs profit of ₹244.20 crore YoY)
  • Basic EPS: (₹15.35) (vs ₹17.43 YoY)

Consolidated Financial Results (Q2 FY27):

  • Net loss: ₹152.10 crore
  • Basic EPS: (₹10.11)

Consolidated Financial Results (H1 FY27):

  • Net loss: ₹225.99 crore
  • Basic EPS: (₹15.35)

Balance Sheet Position (Standalone as of September 30, 2026):

  • Total Assets: ₹1,663.88 crore
  • Total Equity: ₹819.20 crore
  • Borrowings (non-current): ₹583.48 crore
  • Borrowings (current): ₹70.19 crore
  • Cash and cash equivalents: ₹43.68 crore

Cash Flow (Standalone H1 FY27):

  • Net cash from operating activities: ₹307.27 crore
  • Net cash used in investing activities: ₹272.35 crore
  • Net cash used in financing activities: ₹499.56 crore
  • Net decrease in cash: ₹464.65 crore

Dates of Action

  • Board meeting date: November 12, 2026
  • Meeting time: 12:15 PM to 1:10 PM (IST)
  • Financial period: Quarter and half year ended September 30, 2026
  • Limited review report date: November 12, 2026

Parties Involved

  • Board of Directors of Deccan Cements Limited
  • Audit Committee of the company
  • M. Anandam & Co., Chartered Accountants (Statutory Auditors)
  • BSE Limited and National Stock Exchange of India Limited
  • Department of Mines and Geology, Telangana (regulatory reference)
  • Wholly owned subsidiary: Deccan Swarna Cements Private Limited (consolidated)

Purpose and Rationale

The financial results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and submitted as per SEBI LODR Regulation 33 requirements.

Exceptional Items

Exceptional items represent reversal of provision made towards mineral bearing land infrastructure cess during June 2026 quarter amounting to ₹227.48 lakh, as per demand notice received from Department of Mines and Geology, Telangana, following provisions of Mines and Minerals (Development and Regulation) Amendment Act, 2026.

Financial Impact

Material financial impact includes significant increase in finance costs (₹420.78 crore in H1 FY27 vs ₹67.35 crore in H1 FY26), power and fuel costs (₹1,743.77 crore in H1 FY27 vs ₹922.62 crore in H1 FY26), and substantial net loss position compared to profitability in previous year.

Capital Structure Impact

Paid-up equity share capital remained unchanged at ₹70.04 lakh with face value of ₹5 per share throughout all periods presented.

Cash Flow Implications

Significant cash outflow from financing activities (₹499.56 crore) primarily due to repayment of non-current borrowings (₹638.50 crore) despite proceeds from compulsory convertible debentures (₹918.07 crore) and non-convertible debentures (₹5,606.15 crore).

Segment Information

The company has one reportable segment "Manufacturing and Selling of Cement" as per Ind AS 108 requirements.

Auditor's Review

The statutory auditors, M. Anandam & Co., conducted limited review of the unaudited financial results and concluded that nothing came to their attention causing them to believe that the statements contain any material misstatement.