SAGAR CEMENTS LIMITED

Sagar Cements Limited (SAGCEM) held its Q1 FY 2027 earnings conference call on July 28, 2026, where management provided an overview of the cement market and company-specific developments. Management reported a mixed operating environment, with healthy demand supported by government infrastructure spending, although growth was temporarily impacted by a heat wave and election-related labor shortages. The company achieved a volume growth of approximately 13% and a revenue increase of 5% year-on-year. EBITDA per tonne for the quarter was reported at ₹451, with profitability moderated due to elevated input prices. Management highlighted successful capital expenditures, including waste heat recovery and capacity expansions, and expressed confidence in achieving volumes of around 7 million tons for FY 2027. The gross debt as of June 30, 2026, was ₹1,704 crore, with a debt equity ratio of 0.78:1. The call concluded with management inviting further questions from analysts.

Management provided a balanced view of the operating environment and company performance.