Sanghi Industries

Adani Cement and Coolbrook announced a delivery agreement for the world's first commercial deployment of RotoDynamic Heater (RDH) technology at the Boyareddypalli Integrated Cement Plant in Andhra Pradesh, India. The RDH system will be powered entirely by Adani Cement's renewable energy portfolio to decarbonize the calcination phase of cement production. The deployment is expected to directly reduce 60,000 tonnes of CO2 emissions annually with potential to increase 10x in due course. The technology will provide clean heat to dry and enhance alternative fuels, enabling higher substitution of fossil fuels. This supports Adani Cement's goals to increase alternative fuel ratio to 30% and achieve 60% green power share by FY28, while advancing their net-zero targets by 2050. The companies plan to launch at least five additional projects within the next two years. The first generation RDH will deliver hot gases at around 1000°C to facilitate drying of alternate fuels.

Ambuja Cements achieved highest-ever sales volume of 16.6 million tons in the quarter, marking 20% year-on-year growth compared to 4% industry average. The company reported quarterly EBITDA of INR 1,761 crores, up 58% year-on-year, with EBITDA per ton reaching INR 1,060, a 32% increase. Revenue stood at INR 9,174 crores, up 21% year-on-year with 3% price gain. Market share increased by 1% to 16.6%. The company expanded existing capacities to 107 MTPA and revised target capacity to 155 MTPA by FY28 through debottlenecking initiatives. Cost reduction of INR 238 per metric ton was achieved year-on-year, with kiln fuel cost at INR 1.65 per 1,000 kilocalories. Profit after tax reached INR 2,302 crores, up 364%, including a one-time tax write-back of INR 1,697 crores. The company targets total cost of INR 4,000 per metric ton by March 2026. Green power share increased to 33% with renewable energy capacity at 673 megawatts. Premium products comprised 35% of total trade sales with 28% year-on-year growth in premium cement volumes.

Sanghi Industries Limited reported a net loss of Rs 16.55 crore for the quarter ended September 30, 2025, compared to a loss of Rs 195.68 crore in the same period last year. Revenue from operations stood at Rs 204.93 crore versus Rs 151.50 crore in Q2 FY25. The company's cement capacity utilization remained at 36%, same as the previous quarter, with cement sales volume at 0.6 million tonnes. EBITDA improved to Rs 24.9 crore from Rs 3.1 crore in the previous quarter. The company attributed low capacity utilization to heavy monsoon conditions and flood-like situations. Management expects capacity utilization of 70-75% for the remaining part of the year. The company utilized the quarter for scheduled maintenance of kiln line II and rehabilitation of a 15km thermal power plant transmission line. Sanghi Industries has ongoing litigation with Gujarat's Chief Commissioner of State Tax regarding electricity duty exemption and received Rs 40 crore as indemnification claim from erstwhile promoters. The Board has approved a merger scheme with Ambuja Cements Limited, with shareholder meeting scheduled for November 20, 2025.