HeidelbergCement India (500292) Q1 25/26 earnings summary

Executive summary

• Unaudited financial results for Q1 ended June 30, 2025, were approved, showing strong year-over-year growth in revenue, EBITDA, and profit after tax.

• Re-appointment of Joydeep Mukherjee as Managing Director for three years from April 1, 2026, was approved, subject to shareholder approval.

• Appointment of DMK Associates as Secretarial Auditors for five years, pending shareholder approval.

Financial highlights

• Revenue from operations rose 12.3% year-over-year to ₹5,975 million in Q1 FY26.

• EBITDA increased 13.4% year-over-year to ₹885 million, with EBITDA margin improving by 15 bps to 14.8%.

• Profit after tax grew 20.9% year-over-year to ₹482 million.

• Sales volumes increased 10.9% year-over-year to 1,254 KT.

• Earnings per share (basic and diluted) rose to ₹2.13 from ₹1.76 year-over-year.

Outlook and guidance

• Continued focus on sustainability with increased use of wind-solar hybrid power and alternate fuels.

• Energy transition efforts have raised non-grid power share to over 50% of total consumption.