Shree Digvijay Cement Company Limited announced its audited standalone and consolidated financial results for FY26 at a Board meeting held on 29 April 2026. The company reported improved operational performance with revenue growth and recommended a dividend for shareholders.

Financial Performance Overview

For FY26, the company achieved total income from operations of ₹75,315.50 lacs on a consolidated basis compared to ₹73,503.60 lacs in FY25. Standalone total income from operations stood at ₹75,315.39 lacs for FY26 against ₹73,499.13 lacs in the previous year. Profit after tax for FY26 was ₹2,497.36 lacs (consolidated) and ₹2,499.64 lacs (standalone).

Quarterly Performance Highlights

The fourth quarter demonstrated significant sequential improvement. Total income from operations for Q4 FY26 reached ₹20,867.90 lacs, up from ₹18,472.11 lacs in Q3 FY26. The company reported profit after tax of ₹794.28 lacs (consolidated) for Q4 FY26, compared to a loss of ₹698.01 lacs in the previous quarter. Basic EPS improved to ₹0.54 from (₹0.47) in Q3 FY26.

Strategic Partnership with Hi-Bond Cement

The company entered into a Brand Usage, Supply and Distributorship Agreement with Hi-Bond Cement (India) Private Limited. Under this agreement executed on 4 September 2026, the company paid a refundable security deposit of ₹400 crores. During the period, the company sold 29,928 MT of cement manufactured at the Hi-Bond plant, generating revenue of ₹1,536 lacs and EBITDA of ₹200 lacs. The company commenced purchase and distribution of Hi-Bond cement effective 19 March 2026.

Dividend Declaration

The Board of Directors recommended a final dividend of ₹1.00 per equity share, representing 10% of the face value of ₹10 each, for FY26. The dividend is subject to approval by shareholders at the Annual General Meeting. The total dividend payout will aggregate to ₹1,478.69 lakhs on 14,78,69,278 fully paid equity shares.

Financial Position

As of 31 March 2026, the company's total assets on a consolidated basis stood at ₹1,05,848.62 lacs compared to ₹69,493.83 lacs in the previous year. Total equity increased to ₹36,576.18 lacs from ₹36,397.74 lacs. The company's borrowings comprised non-current borrowings of ₹45,773.32 lacs and current borrowings of ₹5,553.69 lacs. Cash and cash equivalents at year-end were ₹371.12 lacs on a consolidated basis.

Source: None/Company/INE232A01011/de13e9cf-db70-49b9-936a-a02942bf2789.pdf

Shree Digvijay Cement Company Limited has provided an official update to stock exchanges regarding the ongoing appointment process for a new Chief Executive Officer and Managing Director. The company filed this communication under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on 29th April 2026.

Current Selection Process Status

The cement manufacturer's Nomination & Remuneration Committee (NRC) is actively evaluating shortlisted candidates for the CEO & MD position. According to the official communication, the selection process is progressing systematically with the committee currently reviewing potential candidates who have been identified for the leadership role.

Background and Regulatory Context

The appointment process was initiated following the resignation of the company's previous CEO & Managing Director, which became effective from 6th February 2026. The company had initially informed exchanges about this resignation on the same date, maintaining transparency with stakeholders throughout the transition period.

Next Steps in Appointment Process

Once the Nomination & Remuneration Committee completes its evaluation and finalizes its recommendation, the Board of Directors will consider and approve the appointment of the new CEO & Managing Director. The company has committed to keeping stakeholders informed as the process progresses toward completion.

The official update was signed by Suresh Meher, Senior Vice President (Legal) & Company Secretary, and communicated to both BSE Limited (Scrip Code: 502180) and National Stock Exchange of India Limited (Symbol: SHREDIGCEM) as part of the company's regulatory disclosure obligations.