Sagar Cements Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the National Stock Exchange of India and Bombay Stock Exchange. The filing, dated May 30, 2026, discloses that the company achieved a consolidated revenue from operations of ₹ 2,65,002 Lakhs, a 17% increase compared to the previous year. The report highlights the company's commitment to net-zero greenhouse gas emissions across the value chain by FY 2050, validated by the Science Based Targets initiative (SBTi).

Financial Performance

The company reported a Profit Before Interest, Depreciation and Tax of ₹ 31,354 Lakhs, an increase of 93% year-on-year. EBITDA for the year stood at ₹ 292 crores, translating into an EBITDA per tonne of ₹ 479. Capacity utilisation during the year stood at 60% at the consolidated level, an increase of 5.78% since last year. No dividend has been proposed for the year in view of inadequate profits.

Operational Highlights

Cement production reached 60,82,518 Tonnes, a 10% increase, while clinker production grew 11% to 47,49,882 Tonnes. The Dachepalli plant commissioned a new six-stage preheater, enhancing clinker production by 0.46 MTPA and improving thermal energy performance. This project was completed 117 days ahead of schedule with zero accidents. Capacity expansion works of 0.75 MTPA are underway at Dachepalli and 0.50 MTPA at Jeerabad.

ESG and Sustainability

Sagar Cements holds the distinction of being the first Indian cement company to have long-term CO₂ emission reduction targets validated by SBTi. Key ESG metrics for FY 2026 include a Gross CO₂ Emission Intensity (Scope 1 & 2) of 648 kg CO₂/MT cementitious. The company reported a Water Positive Status of 3X in FY 2026. A 6 MW solar power plant was commissioned at Dachepalli, taking the total green energy capacity to 36 MW. Construction of a 4.35 MW Waste Heat Recovery System at Gudipadu is underway.

Corporate Governance

The disclosures under the report have been made on a consolidated basis, including Sagar Cements Limited and its subsidiaries, Sagar Cements (M) Private Limited and Andhra Cements Limited. The company obtained “Limited” Assurance from an Independent Third Party, TUV India Ltd, conducted in accordance with ISAE 3000(revised) standards. The Risk Management and ESG Committee, chaired by the Joint Managing Director, oversees the implementation of sustainability policies.

Sagar Cements has released its audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026. The company reported a net profit of ₹4,361 lakhs in Q4 FY26, reversing a net loss of ₹3,017 lakhs in Q4 FY25. For the full year FY26, standalone revenue from operations stood at ₹1,76,830 lakhs against ₹1,56,664 lakhs in FY25, while net profit was ₹3,357 lakhs compared to a net loss of ₹8,548 lakhs in FY25.

Standalone Financial Performance

On a standalone basis, revenue from operations for Q4 FY26 was ₹52,991 lakhs, compared to ₹40,313 lakhs in Q4 FY25. Basic and diluted earnings per share (face value ₹2 each) for FY26 stood at ₹2.57, compared to a loss of ₹6.54 per share in FY25. The following table summarises key standalone financial metrics (figures in ₹ lakhs unless otherwise stated):

*Not annualised

Consolidated Financial Performance

On a consolidated basis, the Group reported revenue from operations of ₹78,696 lakhs for Q4 FY26, compared to ₹65,804 lakhs in Q4 FY25. The consolidated net profit for Q4 FY26 stood at ₹10,005 lakhs, against a net loss of ₹7,305 lakhs in Q4 FY25. For the full year FY26, consolidated revenue from operations was ₹2,65,002 lakhs versus ₹2,25,764 lakhs in FY25. The consolidated net loss for FY26 narrowed significantly to ₹73 lakhs from a net loss of ₹21,668 lakhs in FY25.

The following table summarises key consolidated financial metrics (figures in ₹ lakhs unless otherwise stated):

*Not annualised

Operational Highlights and Guidance

During the earnings call held on May 14, 2026, management highlighted that total volumes for the year stood at 6.1 million tonnes, growing by 11% year-on-year. EBITDA per tonne for Q4 FY26 stood at ₹445 as against ₹218 per tonne in Q4 FY25. Power and fuel costs were ₹1,422 per tonne, while freight costs stood at ₹848 per tonne. Looking ahead, the company expects volumes to be in the range of 7 million tonnes for FY27, supported by government-led infrastructure spending and stable rural demand.

Key Corporate Developments

The Board approved an Offer for Sale (OFS) of equity shares of subsidiary Andhra Cements Limited (ACL), reducing Sagar Cements' shareholding from 90.00% to 75.00% and generating proceeds of ₹8,764 lakhs. The Board accorded in-principle approval for the amalgamation of Andhra Cements Limited with Sagar Cements Limited. Additionally, the Board approved the establishment of a new division, Superfine Building Materials, to focus on high-performance materials derived from GGBS and fly ash. The company also commissioned 2.8 megawatts of the Waste Heat Recovery System at its Gudipadu plant on May 12, 2026.

Balance Sheet Highlights

As at March 31, 2026, the consolidated total assets of the Group stood at ₹4,50,527 lakhs. Total equity increased to ₹1,86,092 lakhs. Gross debt stood at ₹1,672 crores, with a net worth of ₹1,861 crores and a debt-equity ratio of 0.74:1. Cash and bank balances were ₹107 crores.