Shree Cement, India‘s third-largest cement group by capacity, has announced its financial results for the quarter and year ended 31st March 2026. The company reported a total dividend of ₹150 per share for the fiscal year 2025-26, marking a significant 36% increase from the ₹110 per share dividend in the previous year. This includes a final dividend of ₹70 per share, subject to approval at the upcoming Annual General Meeting, in addition to an interim dividend of ₹80 per share declared in October 2025.
In terms of financial performance, Shree Cement‘s standalone net revenue from operations for the quarter ended 31st March 2026 rose to ₹5,643 crore, compared to ₹5,240 crore in the same period the previous year. Consolidated net revenue reached ₹6,101 crore, up from ₹5,532 crore. The company’s operating profit (EBITDA) for the quarter stood at ₹1,250 crore on a standalone basis and ₹1,384 crore on a consolidated basis. Profit after tax was reported at ₹532 crore standalone and ₹528 crore consolidated.
Operationally, Shree Cement saw its total cement sale volume grow by 11% year-on-year, reaching 10.56 million tonnes. The company also reported a 22% increase in sales of premium products as a percentage of total trade volume, up from 16% in the corresponding quarter of the previous year.
The company is expanding its Ready-Mix Concrete (RMC) business, with 26 operational plants at the end of FY25-26. Ten new commercial RMC plants were inaugurated in March 2026, which are currently under commissioning, bringing the total to 36 plants.
Shree Cement has also made significant strides in sustainability, with green electricity accounting for 61% of its total electricity consumption in Q4 FY26. The company maintains a water positivity index of over eight times, demonstrating its commitment to sustainable practices.
The company is optimistic about the cement market outlook, citing a resilient macroeconomic environment in India and continued policy focus on infrastructure-led growth as positive factors. However, it acknowledges potential headwinds from geopolitical conflicts and weather conditions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).