HeidelbergCement India Limited Q4 FY25 earnings call summary

Earnings call of 29 May 2025, summarised by AI from the filing.

₹504 million, up hugely over the last quarter.

Key takeaways

1. Q4 PAT ₹504 million, up hugely over the last quarter.
2. Volume guidance 6% to 7% growth targeted for FY26, in line with GDP and cement growth.
3. Competition New capacity expansions by Sri Cement and Ultratech to intensify competition near-term.

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)