Board Meeting Details

The Board of Directors meeting was held on July 31, 2026, starting at 1:15 PM and concluding at 2:10 PM. The financial results were approved during this meeting.

Auditor Review

The financial results were reviewed by statutory auditors B R Maheswari & Co LLP, who issued limited review reports stating that nothing came to their attention causing them to believe the statements contain any material misstatement.

Standalone Financial Results (Rs. in Crore)

Quarterly Performance (Q1 FY27 vs Q1 FY26 vs Q4 FY26)

  • Revenue from Operations: ₹5,622.68 (Q1 FY27) vs ₹4,947.98 (Q1 FY26) vs ₹5,642.95 (Q4 FY26)
  • Other Income: ₹201.39 (Q1 FY27) vs ₹201.05 (Q1 FY26) vs ₹112.21 (Q4 FY26)
  • Total Income: ₹5,824.07 (Q1 FY27) vs ₹5,149.03 (Q1 FY26) vs ₹5,755.16 (Q4 FY26)
  • EBITDA: ₹1,275.85 (Q1 FY27) vs ₹1,430.12 (Q1 FY26) vs ₹1,362.51 (Q4 FY26)
  • Profit Before Tax: ₹634.18 (Q1 FY27) vs ₹833.14 (Q1 FY26) vs ₹670.08 (Q4 FY26)
  • Tax Expense: ₹196.19 (Current Tax: ₹237.08, Deferred Tax Credit: ₹40.89)
  • Net Profit: ₹437.99 (Q1 FY27) vs ₹618.51 (Q1 FY26) vs ₹531.99 (Q4 FY26)
  • Total Comprehensive Income: ₹427.54 (Q1 FY27) vs ₹629.03 (Q1 FY26) vs ₹559.37 (Q4 FY26)

Expense Breakdown (Q1 FY27)

  • Cost of Materials Consumed: ₹584.86
  • Purchases of Stock-in-Trade: ₹155.64
  • Changes in Inventories: (₹68.99) credit
  • Employee Benefits: ₹288.05
  • Finance Costs: ₹55.48
  • Depreciation and Amortization: ₹586.19
  • Power and Fuel: ₹1,481.25
  • Freight and Forwarding: ₹1,307.03
  • Other Expenses: ₹800.38
  • Total Expenses: ₹5,189.89

Capital Structure

  • Paid-up Equity Share Capital: ₹36.08 crore (Face value ₹10 per share)
  • Other Equity: ₹22,475.52 crore (as of March 31, 2026)
  • Basic and Diluted EPS: ₹121.39 (Q1 FY27) vs ₹171.42 (Q1 FY26) vs ₹147.45 (Q4 FY26)

Consolidated Financial Results (Rs. in Crore)

Quarterly Performance (Q1 FY27 vs Q1 FY26 vs Q4 FY26)

  • Revenue from Operations: ₹6,233.13 (Q1 FY27) vs ₹5,280.88 (Q1 FY26) vs ₹6,101.00 (Q4 FY26)
  • Other Income: ₹211.71 (Q1 FY27) vs ₹235.23 (Q1 FY26) vs ₹101.16 (Q4 FY26)
  • Total Income: ₹6,444.84 (Q1 FY27) vs ₹5,516.11 (Q1 FY26) vs ₹6,202.16 (Q4 FY26)
  • EBITDA: ₹1,483.91 (Q1 FY27) vs ₹1,567.83 (Q1 FY26) vs ₹1,485.15 (Q4 FY26)
  • Profit Before Tax: ₹741.09 (Q1 FY27) vs ₹868.49 (Q1 FY26) vs ₹666.94 (Q4 FY26)
  • Tax Expense: ₹209.97 (Current Tax: ₹259.53, Deferred Tax Credit: ₹49.17, Prior Year Tax: ₹0.39 credit)
  • Net Profit: ₹531.12 (Q1 FY27) vs ₹643.66 (Q1 FY26) vs ₹527.53 (Q4 FY26)
  • Attributable to Owners: ₹529.19
  • Attributable to Non-Controlling Interest: ₹1.93
  • Total Comprehensive Income: ₹518.02 (Q1 FY27) vs ₹652.63 (Q1 FY26) vs ₹765.39 (Q4 FY26)
  • Attributable to Owners: ₹516.12
  • Attributable to Non-Controlling Interest: ₹1.90

Expense Breakdown (Q1 FY27)

  • Cost of Materials Consumed: ₹733.64
  • Purchases of Stock-in-Trade: ₹47.29
  • Changes in Inventories: (₹152.47) credit
  • Employee Benefits: ₹354.80
  • Finance Costs: ₹56.86
  • Depreciation and Amortization: ₹685.96
  • Power and Fuel: ₹1,645.32
  • Freight and Forwarding: ₹1,435.08
  • Other Expenses: ₹897.27
  • Total Expenses: ₹5,703.75

Capital Structure

  • Paid-up Equity Share Capital: ₹36.08 crore (Face value ₹10 per share)
  • Other Equity: ₹23,231.45 crore (as of March 31, 2026)
  • Basic and Diluted EPS: ₹146.67 (Q1 FY27) vs ₹178.12 (Q1 FY26) vs ₹145.70 (Q4 FY26)

Subsidiary Information

The consolidated results include the following subsidiaries:

1. Shree Global FZE (Direct Subsidiary)

2. Shree International Holding Ltd. (Step-down Subsidiary)

3. Shree Enterprises Management Ltd. (Step-down Subsidiary)

4. Union Cement Company (Step-down Subsidiary)

5. Raipur Handling and Infrastructure Private Limited (Direct Subsidiary)

6. Shree Cement East Private Limited (Direct Subsidiary)

7. Shree Cement South Private Limited (Direct Subsidiary)

Auditor Qualifications on Subsidiaries

  • Four subsidiaries (revenue ₹596.01 crore, net profit ₹136.84 crore, comprehensive income ₹134.19 crore) were reviewed by other auditors
  • Three subsidiaries (revenue ₹283.43 crore, net loss ₹49.63 crore, comprehensive loss ₹49.63 crore) were not reviewed by their auditors and considered not material to the Group

Business Segment

The company and its subsidiaries are primarily engaged in the manufacture and sale of cement and cement-related products. There are no separate reportable segments as per Ind AS 108.

Debt Security Disclosure

7.80% Secured Redeemable Non-Convertible Non-Cumulative Debentures are fully secured by first pari-passu charge by way of equitable mortgage over specific immovable property and hypothecation over movable fixed assets.