Shree Cement Q4 Revenue Hits ₹6,101 Crore; Domestic Sales Up 11% Amid Major Capacity Expansion and Premiumization Push
Kolkata, May 7, 2026: Shree Cement, India’s third-largest cement producer by capacity, has reported a significant surge in its topline for the fourth quarter of the 2025-26 fiscal year. The company’s consolidated net revenue from operations reached ₹6,101 crore, up from ₹5,532 crore in the corresponding period last year. This growth was fueled by an 11% year-on-year increase in domestic cement sale volumes, which rose to 10.56 million tonnes, alongside a successful strategic push toward premiumization. Sales of premium products now account for 22% of total trade volume, a notable jump from 16% a year ago, Shree Cement said in a press release.
The company’s operational expansion was marked by the commissioning of an integrated project in Kodla, Karnataka, which added 3.65 MTPA of clinker capacity and 3.50 MTPA of cement capacity. This brings Shree Cement’s total installed capacity in India to 69.3 MTPA. Further expanding its footprint, the firm is developing a new integrated plant in Meghalaya and has incorporated a subsidiary in Mauritius to establish blending and packaging facilities. In the Ready-Mix Concrete (RMC) segment, the company inaugurated 10 new commercial plants in March alone, bringing its total count to 36 plants as it enters the new fiscal year.
Neeraj Akhoury, Managing Director of Shree Cement Ltd., attributed the performance to enhanced customer engagement and operational efficiency. He stated: “We are happy to report a strong performance during the quarter, with domestic cement sale volume increasing 11% year-on-year, supported by proactive efforts to deepen customer engagement and expand market reach. The sharp quarter-on-quarter improvement in EBITDA and Profit After Tax reflects the effectiveness of our operational initiatives and revenue actions. 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.”
Sustainability remained a core focus, with the company’s green electricity consumption reaching 61%—one of the highest levels in the Indian cement industry. Shree Cement currently maintains a green power generation capacity of 666.5 MW and continues to operate all manufacturing locations as Zero Liquid Discharge facilities. These environmental efforts earned the company a spot among India’s Top 60 Most Sustainable Companies for the 2024–25 period. Financially, the Board has recommended a final dividend of ₹70 per share, bringing the total dividend for the year to ₹150 per share, a 36% increase over the previous year.
Looking ahead, the company maintains a positive outlook on the Indian cement market, citing the Union Budget 2026–27’s focus on public capital expenditure in roads, railways, and urban infrastructure. While the industry is well-positioned to benefit from resilient domestic demand, the company cautioned that geopolitical conflicts in West Asia and forecasts of a moderate monsoon could present short-term headwinds. Despite these challenges, Shree Cement continues to pursue multiple expansion opportunities to accelerate capacity building and meet its long-term growth milestones.
