Shree Cements Q1 profit seen down 2% to Rs 168 cr: Poll

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26 Aug, 2025 12:21

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Shree Cements will announce its July-September quarter earnings today. According to the average of estimates of analysts polled by CNBC-TV18, profit is expected to fall by 2 percent year-on-year to Rs 168 crore during the quarter from Rs 172.2 crore.

Net sales may jump 25 percent to Rs 1,560 crore in the quarter ended September 2014 compared to Rs 1,247 crore in same quarter last year.

The company follows July-June as its financial year.

Operating profit is seen rising 44 percent on yearly basis to Rs 360 crore and margin may surge 310 basis points to 23.1 percent in the quarter gone by.

Factors:

The cement make may Face the brunt of cement price fall in North during July-September quarter.

Decline in profit is likely because prices in northern region fell sharply in non-trade segment (primarily due to increase in supply on account of full ram up of Binani Cement’s plants).

Sales volumes are expected to increase 10 percent Y-o-Y to 3.6 million tonnes owing to increased capacity and stable demand in the northern region

Cement realizations are expected to increase 10 percent Y-o-Y

EBITDA per tonne is expected to soar year-on-year due to better operational efficiency and better realization

In Q4FY14, EBITDA per tonne was Rs 1,100, which was highest in past 7 quarters (in fact much higher than ACC, Ambuja Cements and UltraTech).

Key issues to watch out for

Volume and pricing outlook for North India

Pet-coke price trend and update on any forward agreements for merchant power

Update on planned expansion and progress in capex plans