Financial Results - Q2 FY 2026-27 (Unaudited)
Standalone Performance (Quarter Ended 30-Sep-26)
- Revenue from Operations: ₹38,591.94 lakhs (vs ₹34,453.16 lakhs in Q2 FY26)
- Other Income: ₹477.44 lakhs
- Total Income: ₹39,069.39 lakhs
- Profit Before Exceptional Items & Tax: ₹2,165.01 lakhs
- Exceptional Items: Income of ₹486.29 lakhs (reversal of MBL Cess provision due to Mines and Minerals Amendment Act, 2026)
- Profit Before Tax: ₹2,651.30 lakhs
- Tax Expense: ₹658.71 lakhs (Current Tax: ₹614.53 lakhs, Deferred Tax: ₹44.18 lakhs)
- Net Profit: ₹1,992.59 lakhs
- Earnings Per Share (Basic/Diluted): ₹4.41
Standalone Performance (Half Year Ended 30-Sep-26)
- Revenue from Operations: ₹72,954.07 lakhs
- Net Profit: ₹3,716.99 lakhs
- Earnings Per Share (Basic/Diluted): ₹8.22
Consolidated Performance (Quarter Ended 30-Sep-26)
- Revenue from Operations: ₹38,591.94 lakhs
- Net Profit: ₹1,996.10 lakhs
- Earnings Per Share (Basic/Diluted): ₹4.41
Consolidated Performance (Half Year Ended 30-Sep-26)
- Net Profit: ₹3,734.40 lakhs
- Earnings Per Share (Basic/Diluted): ₹8.26
Key Financial Position (Standalone as at 30-Sep-26)
- Paid-up Equity Share Capital: ₹4,523.28 lakhs
- Other Equity: ₹92,913.67 lakhs
- Total Assets: ₹1,63,452.42 lakhs
- Non-current Borrowings: ₹14,517.20 lakhs
- Current Borrowings: ₹10,931.30 lakhs
Segment-wise Performance (Standalone Q2 FY27)
- Cement Division: Revenue ₹40,097.52 lakhs, PBIT ₹1,944.81 lakhs
- Boards Division: Revenue ₹3,785.53 lakhs, PBIT ₹422.35 lakhs
- Energy Division: Revenue ₹175.95 lakhs, PBIT ₹74.85 lakhs
- Ready Mix Concrete Division: Revenue ₹2,996.38 lakhs, PBIT ₹79.44 lakhs
Major Board Approvals
1. Solar and Wind Power Project Expansion
- Project: Phase II & III of 130 MW Solar and Wind Power Project at Tuticorin, Tamil Nadu
- Capacity: 80 MW (balance of total 130 MW project)
- Project Cost: ₹595.17 crores
- Total Project Cost (130 MW): ₹987.17 crores
- Funding: Mix of debt and internal accruals
- Scheduled Commissioning: February 2028
- Rationale: Meet captive power requirements and facilitate sale of surplus power through exchanges/PPAs
- Connectivity Approval: Granted by Central Transmission Utility of India Limited (CTUIL)
- Existing Capacity: 15.75 MW (Hydro-power) with 28% utilization
2. Proposed Cement Plant in Odisha
- Status: Granted in-principle approval to approach Government of Odisha
- Purpose: Pursue project land and relevant applications/approvals for cement plant
- Current Stage: Preliminary - no land allotment, definitive agreements, or binding commitments executed
- Future Steps: Subject to applicable approvals and company's further evaluation/approvals
Exceptional Item Explanation
Pursuant to Mines and Minerals (Development and Regulation) Amendment Act, 2026 effective from August 22, 2026, outstanding Mineral Bearing Lands (MBL) Cess relating to Mattapally, Gundlapally and Sulthanpur limestone mines (₹486.29 lakhs) is no longer payable as it was not deposited/recovered before commencement of Amendment Act. Accordingly, provision reversed and recognized as exceptional income.
Subsidiaries Information
Consolidated results include:
- NCL Industries Limited (Holding Company)
- Tern Distilleries Private Limited (Wholly Owned Subsidiary)
- Vishwamber Cements Limited (Subsidiary)
Subsidiaries contributed total revenue of ₹22.15 lakhs and profit after tax of ₹9.01 lakhs for the quarter ended 30 September 2026.
Meeting Details
Board Meeting commenced at 2:00 PM and ended at 3:45 PM on 12th November 2026.