SHREE CEMENT

“So if demand growth is around 7% in the next 2 quarters, we should grow a little better than that.”

“we should be able to come up with a reasonably better, if not similar numbers on performance as we did in quarter 2.”

“which is expected to be commissioned in the quarter ending 31st March 2028.”

“In my opening remarks, I said we should be able to commission in FY28.”

“Our entire workforce is now at the site. The contractors have been mobilized. The orders have been placed and very soon we should actually start the construction activity.”

“And given the fact that the market demand for cement is robust, it makes ample sense to convert that clinker into cement and then sell, which is why this investment of 3 million tons is to our mind is justifiable.”

“When we say this, remember that 3 years back or 4 years back, our capacity was 46 million tons and we were doing about 24 million tonnes, 25 million tons around that volume.”

“We continue to evaluate and pursue strategic expansion opportunities across our markets with a focus on building capacity and delivering our long-term growth objectives.”

“I think our strategy always has been to build as we progress. So we do not grow by acquisition.”

“Volume rose 153% year-on-year to 2.73 lakh cubic meter. Revenue rose 182% to INR129 crores.”

“The commercial network is now 28 plants with captive units, the total is 35 plants.”

“We have grown a little stronger in South India, followed by North and then by the East.”

“Yes, in UAE for the first 6 months, we have already done around 2.1 million.”

“There is a slight issue because of the Middle East crisis. But we are seeing that UAE continues to build and continues to push for the cement demand growth.”

“So let's say 7% to 10% was the demand growth.”

“This is totally untrue. In fact, we are trying to increase our penetration across markets.”

“61% is trade and balance is non-trade.”

“we are actively looking at participating in some of the nation's core projects, which is why you are seeing increase in non-trade.”

“A weak monsoon may hold back rural demand for some time, but spending on road, railways, housing and data center continues, and that will keep India cement demand moving in a positive direction.”

“EBITDA per ton declined to INR966 from INR1,055 a year ago, primarily due to a higher fuel”

“For the current quarter, the landed cost was INR2.09 as against INR1.66 last year and INR1.95”

“Having said that, my sense is that quarter 3 cost should not be very different than what we have seen in quarter 2.”

“Amit, fuel mix for this quarter, pet coke was almost 11%. Imported coal was 75%, 2% Indian coal and alternatives were 12%.”

“So we have gradually reduced the use of pet coke because of the increased prices.”

“This quarter, our clinker production is higher by 33% as compared to the September '25.”

“By year-end, it should be around INR60 crores to INR70 crores.”

“Consolidated net cash at the group level is INR8,168 crores.”

“Yes, trade receivable increased by INR300 crores.”

“And we hope that the demand would be good in the next 2 quarters. So it will be consumed.”

“Recently, we have launched a new brand called Bangur Total, which is a first waterproofing”

“So what we are doing is to opening an office there to start learning about China, their facilities,”

“So China is, the first step at this moment, it's an experiment which we are doing.”

“we see that there is a potential for us to reduce our dependence from European suppliers to China suppliers.”

“Before we begin, I want all of us to remember Mr. Ashok Bhandari, our Special Advisor, he passed away suddenly 2 days after our Q1 results call.”

“I understand that the doubt has been cleared by the state government. And very soon, we should be able to start the project construction.”

“This year, it was also affected by the conflict in West Asia and by a weak monsoon in most regions. East was an exception.”

“Today, it is not a matter of worry, but we do not know what will happen in future. So I think any cost line which is external to us is difficult to forecast.”

“India sales volumes increased by approximately 18% year-on-year”

“Realizations improved marginally by 1% from INR4,840 per ton to INR4,870 per ton.”

“Consol EBITDA rose by about 4% from INR974 crores to INR1,016 crores.”

“Consol sales volumes also grew by about 14% from 9.23 million tons to 10.52 million tonnes.”

“green electricity accounted for 65.2% of total electricity consumption, including our wholly”