India Cements Q2 FY27 Results –Profits Rebound, Debt Decline
INDIACEM
India Cements Ltd (INDIACEM) shares are trading higher today after the company reported a strong rebound in profitability and announced plans to expand its renewable energy footprint.
🧱 India Cements Q2 FY27 Highlights
Revenue: ₹1,720 crore (+9.4% YoY)
EBITDA: ₹210 crore (vs ₹118 crore YoY)
Net Profit: ₹82 crore (vs ₹24 crore YoY)
EBITDA Margin: 12.2% (up from 7.1%)
Debt Reduction: Net debt down by ₹320 crore QoQ
⚙️ Key Drivers
Cost Efficiency: Lower fuel and freight costs boosted margins.
Demand Recovery: Strong cement demand in South India, especially Tamil Nadu and Telangana.
Renewable Push: Plans to add 30 MW solar capacity across plants by FY28.
Capex: ₹450 crore earmarked for modernization of Sankarnagar and Dalavoi units.
📈 Market Reaction
Stock Price: ₹275.80 (+4.2%) intraday
52-Week Range: ₹188 – ₹312
Analyst Sentiment: Positive; brokerages expect FY27 EBITDA to cross ₹900 crore.
🧠 Outlook
Management expects double-digit volume growth in H2 FY27.
Focus on premium cement segment and green energy integration.
Targeting carbon-neutral operations by FY30.