Saurashtra Cement Limited — Results, 08-07-2025: Reply to Clarification- Financial results

Saurashtra Cement Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board has approved the audited standalone and consolidated financial results, with audit reports issued by Manubhai & Shah LLP expressing an unmodified opinion.

Key financial highlights (Standalone vs. Consolidated are broadly similar):

- Revenue: ~₹1518 Cr (15,180.7 million) for FY 2024-25, showing moderate growth.

- Profit before tax: ₹140.2 Cr (1,401.87 million) for standalone; ₹140.7 Cr (1,407.38 million) consolidated.

- Finance costs rose to ₹136.1 Cr (1,361.43 million) from the previous year’s ₹80.9 Cr, reflecting increased borrowing.

- Depreciation and amortization stood at ₹422.8 Cr (4,227.85 million), slightly lower than last year.

- Net cash from operating activities was strong, at about ₹301 Cr (3,009.7 million).

- Capital expenditure remains significant with ₹863.3 Cr (8,633.66 million) spent on property, plant, and equipment.

Balance sheet highlights:

- Total assets stood at ₹16,028 Cr (160,282.3 million), up from ₹15,710 Cr.

- Equity share capital is around ₹111.24 Cr (11,123.7 million).

- Borrowings increased, with long-term debt rising to ₹32.9 Cr and short-term borrowings at ₹101.6 Cr.

- Inventory levels are steady near ₹251.3 Cr.

The Board has also approved appointments of auditors for cost records, secretarial, and internal audits effective FY 2025-26 onwards.

Overall, the company shows stable operational performance, with healthy cash flows and ongoing investments in capacity. The rise in finance costs may merit monitoring, but capitalization and cash flow generation remain solid.