Shree Cements expects a robust rebound in cement volumes within the fourth quarter of the present monetary yr, aided by a pick-up in infrastructure exercise and better authorities spending in direction of the fiscal year-end, the administration mentioned in a Q3 analyst concall.
The corporate is focusing on gross sales volumes of 9-9.5 million tonne within the January-March quarter.
It famous that the Centre’s push to utilise infrastructure allocations by March 31 is prone to help demand.
Whereas pricing remained a spotlight within the earlier a part of the yr, the corporate is now trying to ramp up capability utilisation as volumes enhance, an official mentioned.
Individually, Shree Cements outlined an aggressive expansion plan for its ready-mix concrete (RMC) enterprise, with the corporate aiming to scale up its RMC footprint to 45 vegetation from the present 19 models over the following six to eight months.
The administration mentioned the RMC push is a part of a broader technique to maneuver up the development worth chain, including that round 45 per cent of the cement consumed at these vegetation is sourced internally, supporting larger utilisation ranges.
On capability expansion, the corporate mentioned its complete cement capability is anticipated to achieve 72 million tonne by March 2026. For the following monetary yr, Shree Cements has earmarked a baseline capital expenditure of ₹500 crore, primarily in direction of RMC expansion and infrastructure initiatives resembling railway sidings.
The corporate reiterated its long-term capability goal of 80 million tonne however mentioned future expansions could be calibrated in step with demand situations to keep away from idle capital.
On the operational entrance, Shree Cements mentioned it continues to keep up industry-leading value metrics, with gasoline prices at ₹1.56 per kilo calorie. Inexperienced vitality accounts for 61 per cent of its complete energy consumption, supported by a renewable capability of 634 MW.
The corporate stays debt-free and has money reserves of round ₹6,000 crore, the administration mentioned, including that the corporate expects that the full dividend payout for the present fiscal could also be larger than that of the earlier yr.
Printed on February 8, 2026
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