Shree Cement, India‘s third-largest cement group by capacity, has announced its financial results for the quarter and year ended 31st March 2026, showcasing robust performance amid strong demand and a focus on premiumisation. The company reported a 11% year-on-year increase in total cement sale volume, rising from 9.52 million tonnes to 10.56 million tonnes, with a significant 24.5% growth on a quarter-on-quarter basis.
The company’s net revenue from operations for the quarter stood at ₹5,643 crore on a standalone basis and ₹6,101 crore on a consolidated basis, reflecting a year-on-year increase from ₹5,240 crore and ₹5,532 crore respectively. Operating profit (EBITDA) was reported at ₹1,250 crore standalone and ₹1,384 crore consolidated, while profit after tax was ₹532 crore standalone and ₹528 crore consolidated.
Shree Cement’s operational highlights revealed a strategic push into premium products, which now account for 22% of total trade volume, up from 16% in the corresponding quarter of the previous year. Additionally, the company’s Ready-Mix Concrete (RMC) business is expanding rapidly, with 26 operational plants at the end of FY25-26 and plans to increase this to 36 plants with the commissioning of 10 new plants.
In terms of capacity expansion, Shree Cement commissioned its integrated project in Kodla, Karnataka, increasing its installed cement production capacity in India to 69.3 MTPA. The company is also setting up an Integrated Cement Plant in Meghalaya and has incorporated a wholly-owned subsidiary in Mauritius to further its growth.
Sustainability remains a key focus for Shree Cement, with 61% of its total electricity consumption in Q4 FY26 coming from green sources. The company continues to ramp up its green power generation capacity, which currently stands at 666.5 MW. All manufacturing locations are Zero Liquid Discharge, and the company maintains a water positivity index of over 8 times.
The Board of Directors has recommended a final dividend of ₹70 per share, bringing the total dividend for the year to ₹150 per share, a 36% increase from the previous year.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).