NCL Industries reports 22% growth in cement production in Q2

NCL Industries reported 22% growth in cement production to 7,81,056 MT in Q2FY27 from 6,40,435 MT a year earlier. Cement dispatches also rose 22% to 7,79,428 MT from 6,39,528 MT. Cement board production increased 22% to 13,071 MT from 10,673 MT, but dispatches fell 3% to 13,953 MT from 14,346 MT. RMC production and sales declined 10% to 59,882 CuM from 66,185 CuM, while hydro power generation dropped 43% to 9.22 MU from 16.14 MU. The company makes cement, RMC, CBPB and doors, and runs two small hydro projects. The core cement business is delivering strong volume growth, with dispatches tracking production closely, which suggests healthy demand and no inventory build-up. Weakness in RMC, board dispatches and hydro power is a drag, but these are smaller segments and unlikely to offset cement’s contribution. Margins will depend on realisations and fuel and power costs. Disclaimer: Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. The above information is for educational and learning purpose. They analyst or his associates do not hold any shares of the company and have no financial interest in it. SEBI Registered Research Analyst: Vineet Ashwinikumar Chawla: INH000008190, BSE Enlistment No: 5433