NSE:SHREECEM management interview: Shree Cement Q4 Results: Chairperson Explains Volume Growth, Pricing Pressure & Margin Outlook
ET Now, 2026-05-07. Video: https://www.youtube.com/watch?v=D6CXZvH-UVE
- Volume growth target: The company has guided for 40 million tonnes in volume (a roughly 10% increase from 36.5 million tonnes), which management considers a realistic estimate against expected industry-wide growth of 7% to 8%.
- Full-year margin outlook: Despite near-term margin pressure in the East, Central, and West regions and a 30% to 40% surge in energy costs, management expects yearly margins to improve by 4% to 5%.
- Cost mitigation strategy: Shree Cement plans to improve per-tonne realizations by increasing its focus on premium cement while lowering operating costs through higher usage of alternative fuels like agro-waste and refuse-derived fuel (RDF).
- Capacity expansion plans: The company approved an ₹1,800 crore, 0.95 million tonne clinker plant in Meghalaya and plans to moderate capex over the next one to two years to optimize capacity utilization while remaining on track for its 80 million tonne target by 2029.