Cement companies' 02 profitability to surge on strong volume

19 Oct 2023 CW Team

Indian cement producers are gearing up for a prosperous September quarter, as they project remarkable year-on-year volume growth and the added benefit of reduced power and fuel costs. Analysts predict that the industry's average profitability is poised to surge by a minimum of 50 percent when compared to the previous year.

While some dip in operating margins is expected due to seasonally weaker demand, the year-on-year figures are projected to exhibit an impressive increase, potentially rising by as much as 400 to 600 basis points on average. Notably, ACC and Ambuja Cements are expected to achieve the most significant EBITDA expansion, primarily attributed to a lower base.

Systematix Institutional Equities reported, "ACC and Ambuja would witness higher EBITDA expansion due to a low base, while we expect Ultratech, Shree Cement, and Dalmia Bharat to experience a margin expansion in the range of ?7 to ?12 per ton." Robust cement demand, estimated to grow by 12 to 14 percent year-on-year, has been sustained by state-level spending in anticipation of upcoming elections, coupled with the impending central elections. Cement producers appear set to reap substantial rewards in the forthcoming quarter.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..