The India Cements Limited has informed the Exchange regarding 'Chairman Speech at the 79th Annual General Meeting of the Company'.
INDIACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Cements held its 79th AGM on 13th August 2025, highlighting a transformational FY25 marked by its December 2024 integration with UltraTech Cement. The company achieved positive EBITDA in its first full quarter post-integration, crossed an all-time high of over 1 million metric tonnes in sales volume in March 2025, and reduced debt by Rs 1,457 crores, earning credit rating upgrades to CARE AAA (Stable). In Q1 FY26, sales volumes grew 11% year-on-year, PBIDT swung to a positive Rs 92.31 crores (from a Rs 9.16 crore loss), pre-exceptional PAT loss narrowed sharply to Rs 9.13 crores (from Rs 182.21 crores), and finance costs dropped to Rs 26.58 crores from Rs 82.36 crores after debt refinancing. The Chairman outlined capex plans focused on cost optimisation, debottlenecking, product quality, safety, and sustainability.
Shareholders can view this positively — the company has moved from deep losses to operating profitability, dramatically cut debt and interest costs, and benefits from UltraTech's operational synergies, which could support stock sentiment and future earnings recovery.