Birla Corporation Limited — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Birla Corporation's Q1 results conference call highlighted an EBITDA per ton of INR715, impacted by an abnormal clinker shortage that necessitated the purchase of 1 lakh tons, and slightly lower prices in the Central region. Management emphasized a strategic focus on value share, successfully increasing the blended cement proportion to 89% and trade sales to 78%. Capex for FY26 remains budgeted at INR1,000-1,100 crore, with net debt at approximately INR2,300 crore. They anticipate no further clinker shortages, maintain a 6-7% annual volume growth guidance, and expect to commission the Kundanganj new line this year. The company expresses confidence in its flexible strategy and brand strength.