Sagar Cements Q2 FY27: revenue up 17.2% to ₹705 Cr, net loss ₹52 Cr
Results · Finvezto · 2 Nov 2026 · Sagar Cements (SAGCEM)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 705 | - | +17.2% |
| Operating profit | 45 | - | -11.7% |
| Net profit | -52 | - | - |
| Operating margin | 6.4% | - | -2.1 pp |
| Net margin | -7.3% | - | - |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Sagar Cements reported 26% year-on-year volume growth and a 17% increase in revenue for Q2 FY27, while incurring a loss after tax of ₹52 crore. Earnings call
- Quarterly EBITDA per ton stood at ₹265, impacted by elevated fuel and packaging expenses and planned maintenance shutdowns at the Mattampally and Jeerabad plants. Earnings call
- Management lowered its full-year EBITDA projection to between ₹350 crore and ₹375 crore (₹525 per ton) from ₹410 odd crore previously due to higher input costs. Earnings call
What to watch
- Management on fy27 cement volume guidance: We remain confident of achieving our FY '27 volume guidance of approximately 7 million tonnes supported by our expanded capacity and improving demand outlook.
- Management on fy27 full-year ebitda guidance: Instead of ₹410 odd crore that we have projected, I think we should end up anywhere between ₹350 to ₹375.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.