Sagar Cements Q2 FY26 Earnings Results

Sagar Cements is engaged in the business of manufacture and sale of cement. Presenting below are its Q2 FY26 earnings results.

Q2 FY26 Earnings Results

• Consolidated Revenue from Operations: ₹601.86 crore, up 26.7% YoY from ₹475.12 crore in Q2 FY25, reflecting firm demand and improved operational scale.​

• Consolidated Net Loss: ₹44 crore, a significant downturn compared to a profit of ₹23.90 crore in Q2 FY25, primarily on account of elevated power, fuel, and freight costs.​

• H1 FY26 Revenue: Up 22.9% YoY, half-year results show narrowing losses compared to prior year.​

• Cost Pressures: Higher energy and freight costs ate into margins despite volume growth.​

 

Operational Performance

• Cement Dispatches: ₹ (approx.) 1.31 million tonnes in Q2 FY26 (up 18% YoY).​

• EBITDA: ₹60 crore, up 900% YoY with margins expanding to 10.22%, a healthy recovery from previous quarters.​

• Power & Fuel Costs: Reduced to ₹1,626 per tonne versus ₹1,935 a year earlier, reflecting efficiency gains.​

• Freight Costs: Stable at ₹850–860 per tonne.​

• Capex: Planned ₹360 crore focusing on capacity expansion and renewable energy.​

 

Management Commentary & Strategic Outlook

• The company highlighted strong cement dispatch growth and mix improvements as key revenue drivers.​

• Acknowledged margin pressure from increasing input costs but expects Q3/Q4 margins improvement driven by volume and cost optimization.​

• Approved ₹150 crore incentives from the Madhya Pradesh government to be disbursed over seven years, providing cash flow support.​

• Continued focus on expanding production capacity, operative efficiency, and logistical network to enable higher EBITDA per tonne in coming quarters.​

 

 

Q1 FY26 Earnings Results

• Consolidated Revenue: ₹540 crore.​

• EBITDA: ₹48 crore (margin 8.9%).

• PAT: ₹11.3 crore.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.