Shree Cement Limited , a major player in the Indian cement industry, has announced a significant expansion of its manufacturing capabilities. The company has successfully launched a new cement mill with a capacity of 3.0 million tonnes per annum (MTPA), marking a substantial increase in its production capacity.

Expansion Details

The newly commissioned cement mill is part of Shree Cement's integrated cement plant located in Tehsil Jaitaran, District Beawar, Rajasthan. This development follows the earlier commissioning of a clinkerisation unit at the same location, which was announced on September 30, 2025. The clinkerisation unit has a capacity of 3.65 MTPA.

Key Highlights

Strategic Importance

The commissioning of this new cement mill represents the final phase in establishing the integrated cement plant. With both the clinkerisation unit and the cement mill now operational, Shree Cement has significantly enhanced its production capabilities in the region.

This expansion aligns with the company's strategy to strengthen its market position and meet the growing demand for cement in India. The increased capacity is expected to contribute to Shree Cement's ability to serve its customers more effectively and potentially capture a larger market share.

Company's Disclosure

In compliance with regulatory requirements, Shree Cement Limited has made this announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed.

This development underscores Shree Cement's commitment to growth and its confidence in the future demand for cement in the Indian market.

Shree Cement Limited , one of India's leading cement manufacturers, has reported a strong performance for the second quarter, with significant growth in EBITDA and improved realizations. The company's focus on premium products and value-over-volume strategy has yielded positive results, while its UAE operations have shown remarkable improvement.

Key Highlights

• Total cement sales volume increased by 6.8% year-on-year to 7.9 million tons
• EBITDA grew by 46% to INR 851 crores from INR 582 crores in the same quarter last year
• Realization per ton improved to INR 4,840 from INR 4,451, driven by increased share of premium products
• UAE operations delivered best-ever quarterly performance with 34% sales growth and 158% EBITDA increase

Financial Performance

Shree Cement's focus on premium products and improved pricing strategies has resulted in a significant improvement in its financial performance. The company's EBITDA per ton, adjusted for a one-time impact, increased by 43% from INR 772 to INR 1,105.

Premium Product Focus

The company's strategy to increase its share of premium products has shown positive results:

• Premium products' share increased from 15% to 21% of total sales
• This shift has contributed to the improved realization per ton

UAE Operations Excel

Shree Cement's UAE operations have delivered an exceptional performance:

• Sales volume increased by 34% to 13.1 lakh tons
• EBITDA surged by 158% to AED 52.53 million
• Sales revenue grew by 50% year-on-year

Capacity Expansion and Sustainability Initiatives

Shree Cement continues to focus on capacity expansion and sustainability:

• Commissioned a 3.65 million ton clinkerisation unit at Jaitaran, Rajasthan
• A 3 million ton cement mill at the same location is expected to be commissioned shortly
• Expanded RMC portfolio to 24 operational plants
• Achieved 63% green electricity share in total consumption
• Commissioned a 20-megawatt solar power plant in Chitrakoot, UP

Management Commentary

Neeraj Akhoury, Managing Director of Shree Cement, stated, "We have maintained our value-over-volume strategy and fully passed on the GST rate reduction benefits to our customers. Our focus on premium products and improved pricing strategies has yielded positive results, as reflected in our financial performance."

Outlook

The company remains optimistic about the cement demand outlook, citing factors such as:

• Above-normal monsoons supporting economic growth
• Steady employment conditions and benign inflation
• Recent rationalization of GST rates expected to stimulate demand
• Accelerated infrastructure development and growth in the housing sector

While the company maintains a cautious stance on short-term demand projections, it expects the GST rate reduction to boost cement demand in the long term.

Shree Cement's strong performance in Q2, coupled with its strategic focus on premium products and sustainability initiatives, positions the company well for future growth in the Indian cement market.