SHREE CEMENT LIMITED — Investor Meet, 03-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shree Cement delivered strong Q2 FY'26 performance: cement sales volume grew 6.8% YoY, with realization per ton up 9% to INR4,840. EBITDA surged 46% YoY to INR851 Cr, reaching INR1,105 per ton. UAE operations hit record performance, with EBITDA soaring 158%. The company commissioned a 3.65 million tons clinker unit at Jaitaran and has its 3 million tons Kodla project nearing completion. Management maintains a 'value over volume' strategy, boosting premium product share to 21%. Long-term outlook remains positive due to GST cuts and ongoing expansions. Green power now makes up 63% of H1 FY'26 consumption.