Sagar Cements promoter shares free of encumbrance in FY26

2 min read     Updated on 30 May 2026, 03:13 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Sagar Cements Limited disclosed on April 6, 2026, that promoter Dr. S. Anand Reddy and the promoter group have not created any new encumbrances on their shares in FY26. The compliance filing under SEBI regulations lists 20 members of the promoter group, including individuals and corporate entities like Sagar Power Limited and Sagarsoft (India) Limited.

powered bylight_fuzz_icon
41679809

*this image is generated using AI for illustrative purposes only.

Sagar Cements Limited has confirmed that its promoter group, led by Dr. S. Anand Reddy, has not pledged or encumbered any shares during the financial year 2025-26 beyond what was already disclosed. The declaration, submitted to the National Stock Exchange of India and BSE Limited on April 6, 2026, provides assurance to investors regarding the stability of the promoter's holding structure. This disclosure is significant as it indicates that the promoters have not utilized their shareholding as collateral for fresh borrowing during the specified period, mitigating the risk of stake liquidation due to margin calls.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates that promoters disclose any encumbrance on their holdings to ensure transparency and protect the interests of minority shareholders. The company forwarded the declaration received from Dr. S. Anand Reddy, who acts on behalf of himself and persons acting in concert with him.

The promoter group encompasses a wide array of individuals and corporate entities. The list includes immediate family members such as Sreekanth Reddy Sammidi, Sammidi Aruna, and Rachana Sammidi, as well as other relatives. Corporate entities within the promoter group include Telangana Industrial Development Corporation Limited, Sagar Power Limited, Super Hydro Electric Private Limited, and Sagarsoft (India) Limited.

The following table details the members of the promoter and promoter group as disclosed in the filing:

Sl.No Name of the Promoter and Promoter Group
1 Dr. SAMMIDI ANAND REDDY
2 SREEKANTH REDDY SAMMIDI
3 SAMMIDI ARUNA
4 RACHANA SAMMIDI
5 MALATHI REDDY WDARU
6 MADHAVI NADIKATTU
7 P V NARSIMHA REDDY
8 SAMMIDI VANAJATHA
9 ANEESH REDDY SAMMIDI
10 SIDDARTH SAMMIDI
11 SAMMIDI NAINIKA REDDY
12 SAMMIDI SAHITHI
13 TELANGANA INDUSTRIAL DEVELOPMENT CORPORATION LIMITED
14 PANCHAVATI POLYFIBRES LTD
15 R V CONSULTING SERVICES PRIVATE LIMITED
16 SAGAR PRIYA HOUSING AND INDUSTRIAL ENTERPRISES LIMITED
17 SAGAR POWER LIMITED
18 SUPER HYDRO ELECTRIC PRIVATE LIMITED
19 SAGARSOFT (INDIA) LIMITED
20 ITCATS LLC DBA Infoway Software, USA

The declaration was signed by J. Raja Reddy, Company Secretary of Sagar Cements Limited, and the promoter Dr. S. Anand Reddy. The company's registered office is located in Hyderabad, Telangana, with factories spread across Telangana, Andhra Pradesh, and Odisha.

Historical Stock Returns for Sagar Cements

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%-1.17%+0.07%-16.47%-23.47%+3.72%

How will this assurance of unencumbered promoter shares influence institutional investor confidence in Sagar Cements?

Does Sagar Cements plan to utilize this stable equity structure to raise fresh capital for expansion in the upcoming fiscal year?

What is the current debt profile of the promoter group entities, and how might it impact the company's financial leverage?

Sagar Cements files BRSR for FY26, reports 17% revenue growth

2 min read     Updated on 30 May 2026, 02:13 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Sagar Cements Limited submitted its Business Responsibility and Sustainability Report for FY26, disclosing a 17% year-on-year increase in consolidated revenue to ₹ 2,65,002 Lakhs. The company reported a 93% rise in Profit Before Interest, Depreciation and Tax to ₹ 31,354 Lakhs and maintained an EBITDA of ₹ 292 crores. Operational highlights include a 10% increase in cement production and the commissioning of a 6 MW solar plant. The report reaffirms the company's commitment to net-zero emissions by 2050, validated by the Science Based Targets initiative, and details its ESG performance, including a 3X water positive status and a green power share of 18.83%.

powered bylight_fuzz_icon
41600580

*this image is generated using AI for illustrative purposes only.

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.

ESG Metric FY 2026 Performance
Gross CO₂ Emission Intensity (Scope 1 & 2) 648 kg CO₂/MT cementitious
Scope 1 Emissions (tCO₂e) 40,01,054
Scope 2 Emissions (tCO₂e) 1,96,388
Scope 3 Emissions (tCO₂e) 5,70,327
Green Power Share of Total Electricity 18.83%
Total Renewable Energy Capacity 36 MW
Total Energy Consumption 16,565 TJ
CSR Spend (₹ Lakhs) 178
Employee Strength 1,207

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.

Historical Stock Returns for Sagar Cements

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%-1.17%+0.07%-16.47%-23.47%+3.72%

How will the completion of the ongoing capacity expansion projects at Dachepalli and Jeerabad impact the company's market share and competitive positioning in the region?

What specific strategies will Sagar Cements employ to bridge the gap between current capacity utilisation of 60% and optimal levels to maximize profitability?

Given the 93% surge in PBDIT but the absence of dividend payouts, what is the expected timeline for shareholder returns once the expansion capex stabilizes?

More News on Sagar Cements

1 Year Returns:-23.47%