HEIDELBERGCEMENT (I) LTD

HeidelbergCement India Limited held an earnings conference call on May 29, 2026, to discuss its financial results for the quarter and year ended March 31, 2026. Management reported a 10% year-on-year increase in EBITDA to INR584 per ton and a 25.5% rise in profit after tax (PAT). The company achieved an 8.8% increase in sales volume and noted a shift towards blended cement, with 97% of production being blended. Management highlighted a strategic move with the acquisition of two mining leases in Madhya Pradesh and reported being debt-free with a cash balance of INR4,037 million. The discussion included insights on pricing pressures, particularly in Central India, and the impact of geopolitical developments on commodity prices. Management expressed confidence in passing on cost increases to customers and indicated a goal of maintaining volume growth in line with market demand. The company proposed a dividend of INR7 per share.

The management highlighted both positive financial results and challenges related to pricing pressures.