HeidelbergCement India Limited has informed the Exchange regarding Change in Director(s) of the company.
HEIDELBERG · price
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Awaiting price reaction for this filing.
HeidelbergCement India reported a strong Q1 FY26 (quarter ended June 30, 2025) with revenue from operations rising 12.3% year-on-year to ₹5,975.4 million, driven by an 11% jump in sales volumes to 1,254 KT and a 1% improvement in prices. EBITDA grew 13.4% to ₹885 million with margins improving marginally to 14.8%, while profit after tax surged nearly 21% to ₹482 million. EBITDA per tonne stood at ₹706, up 2.3% YoY. The company also re-appointed Mr. Joydeep Mukherjee as Managing Director for a fresh 3-year term effective April 1, 2026, subject to shareholder approval, and appointed M/s DMK Associates as Secretarial Auditors for a 5-year term (FY26–FY30).
Positive set of developments for shareholders — solid Q1 earnings beat on both top line and bottom line, while continuity at the leadership level (re-appointment of the existing MD) provides stability. Net cash position of over ₹5,000 million strengthens the balance sheet, though the announcements are largely in line with expectations and unlikely to be a major price catalyst on their own.