Deccan Cements has scheduled its 46th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will commence at 11:00 am and be conducted through video conferencing or other audio-visual means.

The company issued the notice in compliance with Regulation 34 of the SEBI (LODR) Regulations, 2015 and Circular No. 03/2025 dated September 22, 2025. The deemed venue for the AGM is the registered office at Deccan Chambers, Somajiguda, Hyderabad.

Meeting Details

The AGM is set for September 29, 2026. Shareholders will participate remotely using video conferencing facilities as permitted by the Ministry of Corporate Affairs and SEBI circulars.

E-Voting Process

Members holding shares as on the cut-off date of Tuesday, September 22, 2026, may cast their votes electronically via the KFinTech system. The remote e-voting window commences on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm.

Once a vote is cast, it cannot be changed. Members who have voted remotely may attend the AGM but are not entitled to vote again during the meeting. Those who have not voted remotely can cast their votes during the AGM via the e-voting system.

Annual Report Distribution

The 46th Annual Report for FY26, including the AGM notice, was dispatched electronically on September 5, 2026. Members with registered email addresses received the document directly. Those without registered emails received a letter containing a web link to access the report.

The annual report is also available on the company’s website for public reference.

Deccan Cements Limited reported a standalone net loss of ₹738.68 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a sharp reversal from the net profit of ₹1,535.10 lakh recorded in Q1FY26. This deterioration in bottom-line performance was primarily driven by a significant contraction in profitability margins despite robust top-line growth. The company’s EBITDA declined to ₹168 million from ₹279 million in the corresponding period last year, with the EBITDA margin compressing steeply to 7.7% from 18.52%. Additionally, Deccan Cements made a provision of ₹227.48 lakh towards mineral bearing land infrastructure cess following a demand notice from the Department of Mines and Geology, Telangana.

The Board of Directors approved the unaudited financial results at its meeting held on August 12, 2026, in Hyderabad. The results were reviewed by M. Anandam & Co., the statutory auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also fixed September 22, 2026, as the record date for the payment of the final dividend for FY2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Financial Performance Overview

Revenue from operations stood at ₹219.34 crore in Q1FY27, up from ₹213.89 crore in Q4FY26 and significantly higher than the ₹150.56 crore reported in Q1FY26, reflecting an 11.8% quarter-on-quarter increase and a substantial year-on-year growth. However, total expenses increased to ₹233.68 crore from ₹225.75 crore in the previous quarter. Key cost drivers included power and fuel expenses, which rose to ₹92.09 crore from ₹79.91 crore in Q4FY26, and freight charges, which remained elevated at ₹45.13 crore. The following table summarises the key financial metrics across comparable periods:

The EBITDA performance further highlights the extent of margin deterioration during the quarter, as presented below:

The company's consolidated results mirrored the standalone figures, with a net loss attributable to owners of the parent company at ₹738.85 lakh. The consolidated revenue from operations was identical to the standalone figure at ₹219.34 crore, reflecting that the wholly-owned subsidiary, Deccan Swarna Cements Private Limited, contributed negligible revenue or had offsetting entries in this period.

What the Numbers Show

The widening loss despite robust top-line growth highlights significant margin compression. While revenue grew by nearly ₹68.78 crore year-on-year, total expenses surged by over ₹100 crore, indicating that input cost inflation has not been fully passed on to customers or absorbed through efficiency gains. The EBITDA margin collapse — from 18.52% to 7.7% year-on-year — reflects the combined impact of elevated power, fuel, and freight costs squeezing operating profitability. The exceptional item provision of ₹227.48 lakh further exacerbated the bottom line, representing a direct impact from regulatory compliance costs in Telangana. Finance costs also rose sharply to ₹15.67 crore from ₹3.47 crore in the same period last year, likely due to the issuance of unlisted secured Non-Convertible Debentures (NCDs) and Compulsory Convertible Debentures (CCDs) during the quarter.

Corporate Actions and AGM Details

Alongside the financial results, the Board approved the Directors' Report for FY2025-26 and scheduled the 46th Annual General Meeting for September 29, 2026. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Shareholders must hold shares as of September 22, 2026, to participate in voting and receive the final dividend, which is scheduled for payment on October 15, 2026, if approved by shareholders.