Cement Sector

Cement sector poised for a rebound in FY26, say Jefferies, citing Southern price recovery, moderating competition, and improving demand

Cement industry looks for better growth in 2025

Over 50 MTPA (million tonnes per annum) capacity are being acquired for USD 4.5 billion by two leading players – Aditya Birla group firm UltraTech Cement and billionaire Gautam Adani-led Ambuja Cements – besides organic expansion of the existing units as they have kept their war chest ready, prowling for opportunities.

Adani Group in advanced talks to set up first greenfield cement plant in Odisha: Report

The Adani Group, which has focused primarily on acquiring cement businesses thus far, is now prepared to initiate the construction of new facilities from the ground up as it aims to become India's largest cement producer.

JM Financial's Vishal Kampani on Key Budget Expectations, IPO Boom, Cement M&A Wars and More | Deal Central

In a rare and exclusive interview with Moneycontrol's Ashwin Mohan, top dealmaker and non-executive vice chairman of JM Financial, Vishal Kampani says investors are not nervous of populist pressure in Budget 2024 even as he bats for higher capex spends. Kampani feels the existing capital gains tax regime should be simplified and streamlined . He adds that global private equity funds are thrilled with the exit momentum in India, calling it the most exciting market in the world after the US. He also predicts more MNC IPO's and more m&a action in financial services amongst other sectors. Watch the budget special of Deal Central

Cement sector sees marginal growth of 2-3% in Q1FY25: Icra

The overall volumes for the FY2024-25 are likely to expand by 7-8 per cent driven by a healthy demand from the infrastructure and housing sectors.

Cement players raise prices in June, but MOFSL says sustenance still on the radar

Although price hikes may not be sustainable in the near term due to the onset of the monsoon season in a few weeks, MOFSL believes that the government's focus on slum redevelopment and affordable housing under the PMAY will support long-term cement demand.

Rethink PE ratio valuation for high capex sectors like cement, specialty chemicals: Kotak analysts

Kotak analysts recommend reassessing this valuation method in these high capex sectors since earnings do not translate well into free cashflow or dividends

Budget Snapshot: Cement supply uptick may keep prices in check

Robust rebound in demand and sharp drop in input prices lifted operating margins of cement firms in the past few quarters

Cement sector: Supply glut, global macros could hurt ongoing business momentum

It is better to be selective on this sector and keep away from companies based in central and eastern regions

Cement demand revives as slack season ends, govt infra spend picks up

Industry margins set to rebound on recovery in prices and drop in fuel costs; UltraTech, JK Cement and Dalmia Bharat are among top analyst stock picks.

Block by block: Cement sector is consolidating. What are the forces at play?

A combination of higher demand, growth and healthy balance sheets of ambitious companies and smaller companies seeking an exit are spurring consolidation in the sector

What’s next for cement sector after multi-year low margins in September quarter?

As construction resumes after the monsoon and input costs start cooling, the next two quarters are likely to be good for the sector.

Pain period likely over, cement makers set to deliver stronger in second half

Analysts expect the margin to recover third quarter onwards, driven by cost cool-off, rebound in cement prices and pick-up in construction activities

Cement sector Q2 preview | Performance to be hit by rising costs, meagre price hikes

A $10 rise in petcoke and imported coal prices increases the cost of cement manufacturing by Rs 50-60 a tonne, say analysts

Earnings Q1 preview: What to expect from the cement sector's results?

Earnings Q1 preview| Better demand in non-trade channels supported cement offtake and the data released by core sector output also suggests the cement production has improved by ~15-16 percent in Apr-May’22 compared to the last year owing to the lower base.

Is cement sector entering a downcycle? Which stocks to buy & which companies to avoid?

The cement sector had a stupendous run as majority of the players delivered stellar earnings post Covid. However, things have slowed down considerably in the last couple of quarters. Looking ahead, the sector is likely to remain under pressure. Here are the key reasons that could weigh down the sector.

Cement sector | What are pain points for investors?

We advise strong caution on UltraTech and Shree Cement as the entry of Adani poses the biggest risk to their market share as well as super-rich valuation

Cement is the pickaxes and shovels of India’s infrastructure rush

The huge infrastructure programme of the government and the return of investment demand in the private sector is good news for the cement industry 

Radhakishan Damani bets big on cement sector, hopes demand to be on track again

As of April 28, 2022, Radhakishan Damani individually holds 3,51,32,665 equity shares in India Cements. The cumulative holding of the family stands at 6,44,98,180 shares. This stake is worth Rs 1,335 crore.

Does it make sense for Holcim to quit the Indian market?

Any exit from Indian markets will be in keeping with Holcim’s Strategy 2025 that is a journey towards its green focus. Recent acquisitions by the Swiss-based cement giant in building solutions and products, while simultaneously divesting its stake in Asian countries and others such as Russia and Brazil reinforce this strategy 

Cement Sector Preview | Bag of mixed fortunes; strong demand gets overshadowed by high operating costs

Experts expect cement demand to remain robust in Q1FY23 with the onset of peak season and increase in construction activities driven by pick up in government projects, strong real estate and improvement in rural demand post a good rabi crop harvest

Cement prices hiked, to remain firm in coming months to mitigate higher input costs

Demand for the building material remains strong as companies push volumes to meet year-end targets despite a labour shortage caused by the Holi holiday and elections in some regions.

Net Zero Supply Chains | Trace and tackle sustainability challenges to its source

Creating and sustaining a green supply chain is not easy, but the cascading positive outcome it offers makes it one of the most compelling solutions yet

Cement Q3 Preview: Declining demand, higher variable costs to subdue earnings

The sector started the December quarter on a strong note in October but soon lost steam across regions due to extended monsoons and ban on construction in some parts.

High input prices, energy costs hurt cement makers; demand likely to improve in second half

High input prices and energy costs hit India cement makers in the second quarter, but a benign demand outlook promises to lift the fortunes of the industry in the second half of the financial year.