Sagar Cements Limited held a conference call on January 22, 2026, to discuss its unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The company reported a volume growth of 8% year-on-year in Q3 FY26. Revenue for the quarter stood at ₹591 crore, an increase of 5% from ₹564 crore in Q3 FY25. EBITDA for the quarter was ₹38 crore, same as the previous year's Q3, with EBITDA per tonne at ₹254. Loss after tax during the quarter was ₹64 crore. The company is focusing on cost reduction initiatives and expects improved cash flows and planned land monetization to support future growth. Projects at Andhra Cements and Jeerabad are progressing as planned. The 6-stage preheater at Dachepalli plant of Andhra Cements has been commissioned, and a 4.35 MW Waste Heat Recovery project at Gudipadu is expected by end of FY26. Jeerabad capacity expansion is anticipated by early Q1 FY27, and cement capacity addition at Dachepalli by August 2026. Power and fuel costs were ₹1,408 per tonne, and freight cost was ₹830 per tonne. Gross debt as of December 31, 2025, was ₹1,627 crore, with a debt-equity ratio of 0.78:1. Net worth stood at ₹1,694 crore. The company aims for sustainable and profitable growth by strengthening operational excellence, deepening regional presence, and increasing renewable energy use. For the full financial year, the company expects to achieve EBITDA per tonne between ₹500 to ₹525. The sale of Vizag land is expected to generate approximately ₹350 crore net of expenses over the next 18 months, with proceeds intended for debt retirement.
