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Sagar Cements Q2 FY27 Share Price & Earnings Call Analysis

₹123.04-1.65% today
Market cap
₹1,610 Cr
ROE
-1.05%
Price to sales
0.60
Debt to equity
1.01
52W high / low
₹228 / ₹123
Sales growth (5Y)
14.08%
EBITDA margin
9.05%
Net profit margin
-0.28%
Promoter holding
48.33%
Sales (last year)
₹2,685 Cr

Guidance scorecard · Q2 FY27 call

What Sagar Cements Ltd's management guided

Revenue10–20%MarginsUp 0–2%CapexNone plannedFundraisingNone plannedOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • Sagar Cements expects approximately 7 million tonnes of sales volume in FY 2027, reflecting a healthy volume growth of around 13% in Q1 FY 2027.
  • Double-digit volume growth is anticipated for FY 2028, similar to this year’s performance.
  • Incremental volumes are primarily expected from the South region (Andhra Pradesh, Telangana, Tamil Nadu post-elections, and Kerala), along with Madhya Pradesh.
  • Overall South demand growth is projected at 8%-10% for FY 2027 (currently around 6.5%).
  • Strong government-led infrastructure and housing demand, particularly from Amaravati capital development and Telangana's Indiramma Pathakam low-cost housing, will boost demand.

2 more points from Sagar Cements Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 0–2%

See what Sagar Cements Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

None planned
  • No major CapEx plans for the next couple of years except operational maintenance (~₹30-40 crore per year).
  • Ongoing CapEx of ₹240 crore for the current year, spreading over this and next year.
  • Recently completed 0.5 million tonne capacity expansion at Jeerabad.
  • 0.75 million tonne cement capacity expansion at Andhra Cements expected to be completed by end of current quarter.
  • Commissioned remaining 1.55 MW waste heat recovery (WHRS) at Gudipadu plant; further WHRS planned at Andhra to yield cost savings.

2 more points from Sagar Cements Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

None planned

See what Sagar Cements Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Sagar Cements Ltd said on the order book →

Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Sagar Cements Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Sagar Cements Ltd announcements

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Financials of Sagar Cements Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Sagar Cements Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +48.31%48.31%48.31%48.31%48.31%48.33%48.33%48.33%48.33%48.33%48.33%48.33%
FIIs +2.84%2.70%2.64%2.64%2.63%2.58%2.63%2.84%1.76%1.67%1.61%1.63%
DIIs +17.04%17.26%17.07%17.54%17.87%18.00%17.87%17.39%18.37%18.48%18.39%18.06%
Public +31.80%31.72%31.97%31.50%31.18%31.09%31.16%31.42%31.53%31.52%31.68%31.98%
No. of Shareholders32,42135,63838,14836,74936,57435,50232,95031,97732,50234,40134,95634,545

Financials of Sagar Cements Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +587669709561475564658671602591787706705
Expenses +527582641514455526621549551553705634660
Operating Profit608768472038371215138827245
OPM %10%13%10%8%4.2%7%6%18%9%6%10%10%6%
Other Income +18444855-244421122
Interest47494546464847474650535255
Depreciation51575656585958555663665961
Profit before tax-20-1510-48-79-64-9324-47-74-27-37-69
Tax %-48%-28%-13%-32%-28%-15%-21%69%-5%-13%-476%-23%-25%
Net Profit +-11-1012-32-57-54-737-44-64100-28-52
EPS in Rs-0.64-0.621.01-2.17-4.25-4.21-5.410.09-3.24-4.416.70-1.77-3.35

Financials of Sagar Cements Ltd

Profit & Loss

Annual income statement trend

Mar 2010Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +4257538141,0381,2181,1751,3711,5972,2302,5052,2582,6502,789
Expenses +3406307038871,0689909711,3212,0762,2582,1162,3582,552
Operating Profit85123110151150186400276153247141292237
OPM %20%16%14%15%12%16%29%17%7%10%6%11%8%
Other Income +64472481322368-62218
Interest3042625963614792202185188197211
Depreciation2935485466798193156214231240250
Profit before tax3251446235028110418-84-284-123-206
Tax %37%13%193%42%41%47%34%43%54%-38%-24%-99%
Net Profit +2044-4261427186598-52-217-1-44
EPS in Rs2.585.09-0.382.571.332.4015.885.892.22-3.32-16.05-0.85-2.83
Dividend Payout %24%20%-78%31%38%21%8%12%32%-21%0%0%

Financials of Sagar Cements Ltd

Balance Sheet

Capital structure and asset base

Mar 2010Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital15172020202224242626262626
Reserves1985327437598239441,1671,2321,6111,9151,6971,6671,600
Borrowings +2314344874785094918091,5101,4781,4441,4461,7081,770
Other Liabilities +1222642592813754605475836188639521,0691,134
Total Liabilities5651,2471,5091,5391,7281,9182,5463,3493,7334,2484,1214,4714,529
Fixed Assets +3789571,0011,0531,2441,3841,3012,0482,7933,2503,1093,2293,408
CWIP101555125110108517100991512311653
Investments3800000031500000
Other Assets +1392744523613744267278868419838891,1261,068
Total Assets5651,2471,5091,5391,7281,9182,5463,3493,7334,2484,1214,4714,529

Financials of Sagar Cements Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2010Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +12612910115013320237787175400234216
Cash from Investing Activity +-40-107-151-194-187-227-476-784223-188-113-412
Cash from Financing Activity +-95-235208-773110322615-367-221-217130
Net Cash Flow-8-214159-121-23-15222-8232-8-97-67
Free Cash Flow10969-43-46-62-25-83-26959200104-201
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit149%124%96%109%91%114%103%42%124%166%169%74%

Financials of Sagar Cements Ltd

Ratios

Working capital efficiency and return ratios

Mar 2010Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days363936333542272822303331
Inventory Days209241386239222186189338241273232227
Days Payable150353516344312358349358267460278251
Cash Conversion Cycle95-73-95-73-55-130-1337-4-157-137
Working Capital Days40-57-46-46-59-61-47-45-36-59-108-64
ROCE %14%6%8%7%8%18%8%7%1%-2%2%

Guidance history

How Sagar Cements Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%Up 0–2%None plannedNone planned—
Q4 FY26 call →10–20%FlatPlannedPlanned—
Q3 FY26 call →10–20%FlatPlannedNone planned—
Q2 FY26 call →10–20%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

4out of 100

Momentum score · price trend

4 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−45.3%8%
Last 6 months−31.7%8%
Last 3 months−29.3%6%

The price is 59.4% below its all-time high of ₹303.15 (8 Oct 2021). Stocks more than 20% below their peak have their score halved, so 8 became 4.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Sagar Cements Ltd: 0.4 × 8 + 0.4 × 8 + 0.2 × 6 = 8, halved to 4 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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What Sagar Cements Ltd's management said in earlier quarters