Shree Cement Q4 results: Cons PAT falls 8% YoY to Rs 526 cr despite 10% revenue uptick. Rs 70/share dividend declared

Shree Cement on Wednesday reported a consolidated net profit of Rs 526 crore in the quarter ended March 31, 2026, versus Rs 574 crore in the year-ago period, implying an 8% fall. The profit after tax (PAT) is attributable to the owners of the company.

The company's revenue from operations in Q4FY26 was up 10% to Rs 6,101 crore versus Rs 5,532 crore posted by the company in the corresponding quarter of the previous financial year.

Shree Cement's board also recommended a final dividend of Rs 70 per equity share for FY26, subject to approval by the members at the upcoming Annual General Meeting (AGM).


The bottom line jumped 97% on a sequential basis versus Rs 267 crore in Q3FY26 while the topline increased 27% versus Rs 4,801 crore in the January-March quarter of FY26.

The company's cash profit for the quarter stood at Rs 1,195 crore, down from Rs 1,272 crore in the year-ago period.

Total cement sales volume grew by 11% YoY from 9.52 million tonnes to 10.56 million tonnes, while registering 24.5% growth on a quarter-on-quarter basis. Total volume (including clinker sales) also jumped 9.4% YoY from 9.84 million tonnes to 10.77 million tonnes, while increasing 23.2% on a quarter-on-quarter basis.

Sales of premium products jumped to 22% of total trade volume vis-a-vis 16% in the corresponding quarter of previous year.

The company said it is rapidly expanding its Ready-Mix Concrete (RMC) business with 26 operational plants at the end of FY25-26. During the month of March 2026, Company inaugurated 10 new commercial RMC plants, which are currently under commissioning. With the commissioning of these plants, the total RMC plant count will increase to 36, significantly strengthening the Company’s operational footprint at the start of FY27.

Management commentary

Neeraj Akhoury, Managing Director of Shree Cement, said the company delivered a strong quarterly performance, with domestic cement volumes rising 11% year-on-year and supported by deeper customer engagement and wider market reach. He added that the sharp sequential improvement in EBITDA and profit reflects effective operational and pricing measures. Despite cost pressures from the West Asia conflict, the company is focusing on energy efficiency, digitalisation and data-led processes, and remains confident of sustaining profitable growth ahead.

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