Key Financial Figures - Standalone (Rs. in Crore)

Quarter Ended 30.09.2026 vs 30.09.2025:

  • Revenue from Operations: ₹5,107.44 (vs ₹4,303.20 YoY)
  • Total Income: ₹5,213.15 (vs ₹4,460.16 YoY)
  • Profit Before Tax: ₹302.18 (vs ₹402.73 YoY)
  • Profit for the Period: ₹205.33 (vs ₹277.14 YoY)
  • Basic & Diluted EPS: ₹56.91 (vs ₹76.81 YoY)

Half Year Ended 30.09.2026 vs 30.09.2025:

  • Revenue from Operations: ₹10,730.12 (vs ₹9,251.18 YoY)
  • Profit for the Period: ₹643.32 (vs ₹895.65 YoY)
  • Basic & Diluted EPS: ₹178.30 (vs ₹248.23 YoY)

Expense Breakdown (Q2 FY27):

  • Cost of Materials Consumed: ₹569.17
  • Employee Benefits: ₹285.68
  • Finance Costs: ₹56.86
  • Depreciation: ₹596.07
  • Power and Fuel: ₹1,626.91
  • Freight and Forwarding: ₹1,021.08
  • Other Expenses: ₹794.34

Balance Sheet Highlights (Standalone as at 30.09.2026):

  • Total Assets: ₹30,836.21 crore
  • Property, Plant and Equipment: ₹7,069.47 crore
  • Investments: ₹7,054.71 crore (Non-current) + ₹6,422.63 crore (Current)
  • Inventories: ₹2,946.73 crore
  • Total Equity: ₹22,897.32 crore
  • Borrowings: ₹167.40 crore (Non-current) + ₹1,068.14 crore (Current)

Key Financial Figures - Consolidated (Rs. in Crore)

Quarter Ended 30.09.2026 vs 30.06.2026:

  • Revenue from Operations: ₹5,896.51 (vs ₹6,233.13 QoQ)
  • Profit Before Tax: ₹367.24 (vs ₹741.09 QoQ)
  • Profit for the Period attributable to owners: ₹261.82 (vs ₹529.19 QoQ)
  • Basic & Diluted EPS: ₹72.56 (vs ₹146.67 QoQ)

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹12,129.64
  • Profit for the Period attributable to owners: ₹791.01
  • Basic & Diluted EPS: ₹219.23

Subsidiary Information:

The consolidated results include 8 subsidiaries. The auditors' review report notes that:

  • 4 subsidiaries with total assets of ₹5,296.96 crore were reviewed by other auditors
  • 1 subsidiary with assets of ₹0.71 crore was not reviewed by auditors
  • 3 subsidiaries with assets of ₹1,801.08 crore were not reviewed by auditors

Cash Flow Statement - Standalone (H1 FY27):

  • Cash from Operating Activities: ₹626.00 crore
  • Cash used in Investing Activities: ₹(364.81) crore
  • Cash used in Financing Activities: ₹(255.41) crore
  • Net increase in Cash: ₹5.78 crore

Cash Flow Statement - Consolidated (H1 FY27):

  • Cash from Operating Activities: ₹799.16 crore
  • Cash used in Investing Activities: ₹(629.30) crore
  • Cash used in Financing Activities: ₹(223.51) crore
  • Net decrease in Cash: ₹(53.65) crore

Key Ratios and Metrics

Standalone Financial Ratios (Q2 FY27):

  • Debt Equity Ratio: 0.08
  • Current Ratio: 1.89
  • Operating Margin: 19%
  • Net Profit Margin: 4%
  • Debtors Turnover: 16.79 times (annualized)
  • Inventory Turnover: 6.64 times (annualized)

Consolidated Financial Ratios (Q2 FY27):

  • Debt Equity Ratio: 0.08
  • Current Ratio: 2.03
  • Operating Margin: 19%
  • Net Profit Margin: 4%
  • Debtors Turnover: 11.63 times (annualized)
  • Inventory Turnover: 6.46 times (annualized)

Business Segment Information

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

Security Information

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

Board Meeting Details

The board meeting was held on October 23, 2026, starting at 10:45 AM and concluding at 11:58 AM. The results were approved during this meeting.

Auditor Information

The financial results were reviewed by B R Maheswari & Co LLP, Chartered Accountants (Firm Registration No. 001035N/N500050), who issued an unmodified limited review report.