Shree Cement sees headwinds from geopolitics, monsoon

Shree Cement, India’s third-largest cement group by capacity, said the geo-political conflict in West Asia and forecast of moderate monsoon conditions may act as headwinds for the sectors and impact its growth momentum in short term.

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India’s macroeconomic environment remains resilient, supported by steady domestic demand and continued policy focus on infrastructure-led growth, the company said in a statement.

The Union Budget 2026–27 has reinforced this momentum through a sustained thrust on public capital expenditure, with investments in roads, railways and urban infrastructure expected to drive construction activity and cement demand. Favourable employment conditions, stable inflation, and supportive fiscal and GST rationalisation measures further strengthen sector fundamentals. Against this backdrop, the cement industry remains well positioned to benefit from healthy demand growth in the medium term, it added.

Shree Cement posted fourth-quarter consolidated net profit of Rs 528 crore when compared to Rs 575 crore in the comparable period last year.

Total cement sale volume grew by 11 per cent year-on-year, from 9.52 million tonnes to 10.56 million tonnes, while registering 24.5 per cent growth on quarter-on-quarter. Total volume (including clinker sales) also jumped year-on-year basis by 9.4 per cent from 9.84 million tonnes to 10.77 million tonnes, while increasing 23.2 per cent on quarter-on-quarter basis. ·Sales of premium products jumped to 22 per cent of total trade volume via-a-vis 16 per cent in the corresponding quarter of previous year, the company said.

The company’s net revenue from operations increased to Rs 6,101 crore in the fourth quarter from Rs 5,532 crore in the same period last year.

“While cost pressures persisted due to the impact of the West Asia conflict, we continue to strengthen our performance by improving energy efficiency, increasing digitalisation across operations, and leveraging data-driven processes to enhance productivity. With robust demand fundamentals and ongoing digital and sustainability-led interventions, we are confident of delivering sustainable and profitable growth in the coming quarters,” Neeraj Akhoury, Managing Director, Shree Cement, said in a statement.

The company declared a final dividend of Rs 70 per share.

Also read: Ambuja sees softer demand in FY2027

ACC expects cost pressures to continue in H1 FY27

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