India Cements Q2FY27: EBITDA up 34% YoY to ₹148 Cr, PAT at ₹39 Cr
The India Cements Limited reported Q2FY27 results with domestic cement volume up 16.2% YoY to 2.83 MTPA. EBITDA increased 34.3% YoY to ₹148 crore, and PAT was ₹39 crore. The company approved ₹2,000 crore in investments for plant upgradation and capacity expansion.
The announcement details strong financial performance, significant capacity expansion plans, and considerable investment approvals, which are material factors that can significantly impact investor sentiment and the company's future prospects.
The company reported significant year-on-year growth in key financial metrics like volume, EBITDA, and PAT, along with substantial investment approvals for future growth, indicating a positive outlook.
The India Cements Limited, a subsidiary of UltraTech Cement Limited, has released its investor presentation for the quarter ended September 30, 2026 (Q2FY27). The company reported a significant year-on-year (YoY) growth in its financial performance. Domestic cement volume increased by 16.2% YoY to 2.83 MTPA, with Operating EBITDA growing by 34.3% YoY to ₹148 crore. The Operating EBITDA per tonne stood at ₹510, a YoY increase of ₹177 per tonne.
The company has approved an investment of approximately ₹2,000 crore for various upgradation projects across its plants, with ₹1,728 crore committed as of September 2026. These projects include the conversion of preheaters, cooler upgradation, and process optimization. The company is also expanding its cement capacities by 2.8 MTPA, with a total investment of ₹1,728 crore committed. The company aims to increase its cement capacity from 14.45 MTPA in FY25 to 17.55 MTPA by FY28.
In terms of profitability, EBITDA saw a 34% increase YoY to ₹148 crore, and Profit After Tax (PAT) before exceptional items rose by 160% YoY to ₹39 crore. The company also highlighted improvements in cost indicators, with a 6% YoY decrease in raw material cost per tonne and a 17% YoY decrease in other costs per tonne. Fuel costs increased by 14% YoY, and power costs saw a slight increase QoQ.
On the ESG front, India Cements is focusing on increasing its green power mix, planning to scale up Renewable Energy (RE) and Waste Heat Recovery System (WHRS) power from 6% to 80% by FY29. The company also reported on its community strengthening initiatives, including rural development projects and medical camps.
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The India Cements Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by The India Cements Limited. Read the original for the full detail.