Birla Corporation Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Birla Corporation reported mixed Q3 FY26 results. Management reinforced its strategy of maximizing capacity, focusing on trade (B2C), and promoting blended cement, leading to growth in these segments. The Mukutban plant achieved its highest-ever dispatch. Financials show 9-month capex at ₹300 Cr and net debt at ₹2,550 Cr. While unit production costs decreased, overall profitability was affected by soft Central region pricing and some plant-specific issues. The company aims for 4-5% volume growth, anticipating improved prices. Expansion plans include commissioning Kundangunj Line-III this quarter, with total capacity reaching 27.6 MnT by FY29. Management is confident in its consistent strategy and is exploring legal avenues for a cancelled Rajasthan mine.