Cement prices to rise in second half of FY22: HDFC Securities report

19 Oct 2021 CW Team

According to the report by HDFC Securities, cement prices are likely to increase during the second half (H2) of FY22 owing to cost inflation.

Cement demand has increased from June 2021 as the Covid-19 pandemic decreases.

The cement demand continues to recover and has supported limited price correction during monsoon, the report says.

According to the report, the prices of cement will continue to rise during H2FY22 as the cost inflation is firming up and has impacted the cement industry. The rising demand and increased consolidation should support the industry's cost pass-through ability.

The report said that the prices of pet coke have increased by 20% quarter-on-quarter basis (QoQ). Imported thermal coal prices have also increased by 33% QoQ. The increasing prices of crude oil have pushed diesel prices by 7% QoQ. The industry has built Rs 80-100 million tonnes input cost inflation and Rs 20-40 million tonnes freight cost rise QoQ.

The brokerage expects aggregate revenue from its coverage to increase by 14% on a year-on-year (YoY) basis on higher volumes in the second quarter (Q2) of FY22.

Image Source

Also read: Cement production to increase by 12% in FY22: ICRA report

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..