Sagar Cements
202.57
-4.29(-2.07%)
Market Cap₹2,647.74 Cr
PE Ratio-16.48
IndustryConstruction
Company Performance:
1D-2.07%
1M-0.52%
6M-17.56%
1Y-7.46%
5Y+48.23%
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Latest news about Sagar Cements
Sagar Cements Announces 8.14% Stake Sale in Subsidiary Andhra Cements via OFS 9 hours ago Today
Sagar Cements announced an OFS of 75 lakh equity shares (8.14% stake) in subsidiary Andhra Cements at ₹72 floor price. The issue opens January 9 for non-retail investors and January 12 for all categories. Sagar Cements shares fell 4.63% to ₹207.05 on announcement day, with market cap at ₹2,706.30 crore.
More news about Sagar Cements
23Oct 25
Sagar Cements Reports Q2 FY26 Loss Despite Revenue Growth
Sagar Cements Limited reported mixed Q2 FY26 results. Consolidated revenue grew 26.7% YoY to ₹60,186 lakhs, but the company posted a net loss of ₹4,231 lakhs compared to a profit in Q2 FY25. Half-year results show 22.9% revenue growth and a narrowed loss. Cost pressures, particularly in power, fuel, and freight, impacted profitability despite strong demand for cement products.
15Sept 25
Sagar Cements Withdraws Reclassification Application for P. V. Narasimha Reddy
Sagar Cements has officially withdrawn its application for reclassification under SEBI Regulation 31A concerning Mr. P. V. Narasimha Reddy. The company had initially submitted the application on August 6 but has now retracted it. J. Raja Reddy, Company Secretary and Compliance Officer, communicated this decision to NSE and BSE through a letter dated September 15. The specific reasons for the withdrawal and its impact on Mr. Reddy's status within the company remain undisclosed.
05Sept 25
Sagar Cements Reports Robust Q2 Performance with 955% EBITDA Growth
Sagar Cements Limited reported significant improvements in Q2 financials. Revenue increased to Rs. 587.00 crores, up 23.58% year-on-year. EBITDA surged by 900% to Rs. 60.00 crores, with EBITDA margin expanding to 10.22%. The company achieved 2.5 million tons volume in H1, targeting 6.2 million tons for the fiscal year. Average power and fuel costs reduced to Rs. 1,626.00 per ton. Management expects EBITDA margins of Rs. 800.00-850.00 per ton in H2. Sagar Cements received approval for Rs. 150.00 crore in incentives from the Madhya Pradesh government, to be disbursed over seven years.
06Aug 25
Sagar Cements Partially Withdraws Promoter Reclassification Application
Sagar Cements Limited has partially withdrawn its application for promoter reclassification. The company has retracted the request to reclassify M/s. Panchavati Polyfibres Limited from 'Promoter/Promoter Group' to 'Public' category. However, it will continue pursuing the reclassification of Mr. P. V. Narasimha Reddy from 'Promoter' to 'Public' category. This decision follows the company's earlier communication dated August 19, 2023, regarding the reclassification of certain promoters under SEBI regulations. The process is being conducted in compliance with SEBI's Listing Obligations and Disclosure Requirements Regulations.
26Jul 25
Sagar Cements Reports Strong Q1 FY26 Performance with 20% Revenue Growth and Improved Margins
Sagar Cements Limited reported robust financial results for Q1 FY26. Revenue increased by 20% to ₹671.00 crore, while EBITDA improved to ₹121.00 crore with margins expanding to 18%. The company achieved an 11% year-on-year volume growth and reported a PAT of ₹7.00 crore. Cost management efforts kept power and fuel costs stable. The company's expansion plans include modernizing the Dachepalli unit and increasing grinding capacity at a subsidiary. Management expects overall volumes to reach 6 million tonnes for the fiscal year with a minimum EBITDA of ₹600.00 per tonne.
22Jul 25
Sagar Cements Subsidiary Unveils Rs 140.5 Crore Expansion Plan for Grinding Capacity and Solar Power
Sagar Cements (M) Private Limited, a subsidiary of Sagar Cements Limited, has approved two major expansion projects at its Jeerabad, Madhya Pradesh facility. The plan includes increasing grinding capacity from 1.00 MTPA to 1.5 MTPA at a cost of Rs 120.00 crores, and installing a 6 MW solar power plant for Rs 20.50 crores. The total investment of Rs 140.50 crores will be financed through internal accruals and debt. This expansion aligns with the company's strategy to enhance market presence and operational efficiency, while also focusing on sustainability. The decision follows Sagar Cements Limited's strong Q2 2025 performance, with a 20% increase in consolidated revenue and a return to profitability.
21Jul 25
Sagar Cements Rebounds with ₹7.5 Crore Q1 Profit, Revenue Surges to ₹671 Crore
Sagar Cements Limited posted a consolidated net profit of ₹7.5 crore in Q1, recovering from a ₹28.4 crore loss in the previous year. Revenue increased by 19.8% to ₹671 crore. EBITDA more than doubled to ₹121 crore, with the EBITDA margin expanding to 18.11% from 8.33%. The company's performance indicates improved operational efficiency and strong market demand.
14May 25
Sagar Cements Outlook Improves: Dolat Capital Upgrades Rating, Raises Target Price
Sagar Cements received an upgraded rating from Dolat Capital after its Q4 FY25 results met market expectations. The brokerage firm revised its stance to 'Reduce' and increased the target price. Sagar Cements expects its performance to align with the South Indian cement industry's projected growth of 6-8% for FY26. The company aims to achieve a volume of 6-6.1 million tonnes, reflecting confidence in market demand and production capabilities.
12May 25
Sagar Cements Reports Significant Decline in Q4 FY2024 Performance
Sagar Cements Limited released Q4 FY2024 results showing substantial declines across key metrics. Revenue decreased by 15.51% to ₹568.70 crore, EBITDA fell 53.19% to ₹42.50 crore, and net loss widened to ₹54.50 crore from ₹10.50 crore in Q4 FY2023. The EBITDA margin contracted to 7.47% from 13.49%. Annual revenue for FY2024 increased slightly by 4.34% to ₹2,558.70 crore, but the company reported an annual net loss of ₹52.10 crore compared to a profit in the previous year.
28Mar 25
Sagar Cements Greenlights 4.30 MW Waste Heat Recovery Power System
Sagar Cements Limited has approved the installation of a 4.30 MW Waste Heat Recovery Power System at its Gudipadu plant in Andhra Pradesh. The project, estimated to cost ₹80.00 crore, aims to enhance energy efficiency and sustainability. It will be financed through lease financing and is expected to be completed within 18 months. The system will capture waste heat from cement production to generate electricity, potentially reducing energy costs and environmental impact.
Sagar Cements
202.57
-4.29
(-2.07%)
1 Year Returns:-7.46%
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