HeidelbergCement India Limited Q4 FY26 earnings call summary

Earnings call of 29 May 2026, summarised by AI from the filing.

Repaid interest-free loan of ₹687 million, company now completely debt-free.

Key takeaways

1. Debt-free Repaid interest-free loan of ₹687 million, company now completely debt-free.
2. Demand driver UP elections to provide impetus to cement demand in Central India.
3. Pricing risk Pricing pressure in Central India from new capacity.

Original filing on BSE

HeidelbergCement India Limited Q1 FY27 results

As filed: Revenue ₹628 cr (+5% year on year), EBITDA ₹66.8 cr (−25% year on year), PAT ₹30.6 cr (−36% year on year), EBITDA margin 10.6% (−425 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹646 cr (+6% year on year), EBITDA ₹87.9 cr (−3% year on year), PAT ₹45.2 cr (−10% year on year), EBITDA margin 13.6% (−127 bps). Score 49 of 100, In line with trend. Revenue growth was above the company's own trend; EBITDA growth was in line with it; profit growth was below it. EBITDA margin fell 127 bps year on year. Share price after the results: −2.8% in 30 days (Nifty 500: +2.1%).
• Q3 FY26: Revenue ₹574 cr (+6% year on year), EBITDA ₹52.9 cr (+56% year on year), PAT ₹15.6 cr (+238% year on year), EBITDA margin 9.2% (+296 bps). Score 70 of 100, Above trend. Revenue growth was above the company's own trend; EBITDA and profit before exceptional items growth were well above it. EBITDA margin rose 296 bps year on year. Other income 27% of PBT. Profit fell 18% from last quarter. Share price after the results: −10.6% in 28 days (Nifty 500: −4.0%).
• Q2 FY26: Revenue ₹512 cr (+11% year on year), EBITDA ₹57.0 cr (+54% year on year), PAT ₹25.0 cr (+127% year on year), EBITDA margin 11.1% (+311 bps). Score 74 of 100, Above trend. Revenue growth was above the company's own trend; EBITDA and profit growth were well above it. EBITDA margin rose 311 bps year on year. Other income 27% of PBT. Revenue fell 14% from last quarter. Share price after the results: −5.5% in 30 days (Nifty 500: +0.5%).
• Q1 FY26: Revenue ₹598 cr (+12% year on year), EBITDA ₹89.0 cr (+14% year on year), PAT ₹48.0 cr (+20% year on year), EBITDA margin 14.9% (+22 bps). Score 68 of 100, Above trend. Revenue growth was well above the company's own trend; EBITDA and profit growth were above it. EBITDA margin rose 22 bps year on year. Profit fell 4% from last quarter. Share price after the results: −0.3% in 30 days (Nifty 500: −1.3%).
• Q4 FY25: Revenue ₹612 cr (+3% year on year), EBITDA ₹91.0 cr (+2% year on year), PAT ₹50.0 cr (+4% year on year), EBITDA margin 14.9% (−4 bps). Score 56 of 100, In line with trend. Revenue growth was above the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin was flat year on year. Share price after the results: +2.6% in 30 days (Nifty 500: +3.7%).
• Q3 FY25: Revenue ₹543 cr (−11% year on year), EBITDA ₹34.0 cr (−48% year on year), PAT ₹5.0 cr (−84% year on year), EBITDA margin 6.3% (−445 bps). Score 0 of 100, Below trend. EBITDA margin fell 445 bps year on year. Other income 113% of PBT. Not enough history for a trend yet: scored on growth alone. Profit fell 55% from last quarter.
• Q2 FY25: Revenue ₹461 cr (−19% year on year), EBITDA ₹37.0 cr (−47% year on year), PAT ₹11.0 cr (−69% year on year), EBITDA margin 8.0% (−434 bps). Score 0 of 100, Below trend. EBITDA margin fell 434 bps year on year. Other income 87% of PBT. Not enough history for a trend yet: scored on growth alone. Revenue fell 13% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

HeidelbergCement India Limited earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (29 May 2026), Results deck (29 May 2026)
• Q4 FY25: Earnings call (29 May 2025), Results deck (29 May 2025)