HeidelbergCement India Limited — Investor Meet, 03-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

HeidelbergCement India delivered strong FY26 results with EBITDA up 19.8% and PAT up 25.5%, driven by 8.8% volume growth. The company is debt-free with INR 403.7 Cr cash, proposing a 70% dividend (INR 7/share). Operations saw 95% clinker utilization, increasing blended cement and green power (>40%). A new 0.4 MT blending unit in Khandwa (capex ~INR 130 Cr) and securing limestone leases support future growth. Management projects 7-7.5% Central India demand growth, confident of passing on costs despite short-term pricing pressure. Strategic focus remains on efficiency and sustainable expansion.