HeidelbergCement India Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

HeidelbergCement India reported Q4 PAT of Rs. 50.4 Cr with volumes hit by elections and monsoon. EBITDA/ton at Rs. 530 fell 20% YoY due to price pressure and kiln upgrade costs adding 2 lakh ton capacity from June. Non-grid and green power use rose, aiding ESG targets. Net cash stood at Rs. 385 Cr vs. debt of Rs. 69 Cr. Dividend is Rs. 7/share. Management aims 6-7% volume growth in FY26 with capacity expansions and a premium product mix rising to 47%. Pricing competition is pressuring margins despite cost and product improvements.