Archive · 15 Aug 2025
Cement Sector Sees Strong Q1, Axis Securities Favors Key Stocks
The cement industry is doing well!
In the first financial quarter, companies sold more cement and made more money than expected.
Experts say some companies are doing better than others.
Because of higher prices and more sales, they made more profit.
Analysts predict the industry will keep growing because of new construction projects.
They are recommending UltraTech, Ambuja Cements, Dalmia Bharat, and JK Lakshmi as good investment choices.
Cement sector Q1 FY26 results exceeded expectations with strong financial metrics.
Companies saw a 10% year-on-year volume growth in Q1 FY26, along with improved revenue, EBITDA, and PAT.
EBITDA margins expanded by 350 bps YoY due to higher realisations and volume growth.
Axis Securities highlights UltraTech, Ambuja Cements, Dalmia Bharat, and JK Lakshmi as top stock picks.
Cement demand is expected to remain strong in FY26, driven by infrastructure and housing sectors.
- Who
- Axis Securities, cement companies such as UltraTech, Ambuja, Dalmia Bharat, and JK Lakshmi.
- What
- Cement sector shows strong Q1 FY26 results and positive outlook.
- When
- Q1 FY26, and throughout FY26.
- Where
- Focus on the Indian cement market.
- Why
- Due to strong demand, pricing power, disciplined cost management, and infrastructure spending.
- Volume Growth (YoY Q1 FY26)
- 10%
- Revenue Growth (YoY Q1 FY26)
- 16%
- EBITDA Growth (YoY Q1 FY26)
- 40%
- PAT Growth (YoY Q1 FY26)
- 45%
- EBITDA per tonne
- ₹1,070
- Blended Realisations per tonne
- ₹5,510
- Power and Fuel Costs
- ₹1,010/tonne
Sources
UltraTech, Ambuja, Dalmia & JK Lakshmi: Axis shares top 4 stock picks from cement space
Cement sector to see tepid Q2FY26 volumes, price gains offer relief: Nuvama
Tanker delays stall Concor’s cement push, but freight diversification gains steam
Cement sector to see tepid Q2 FY26 volumes, price gains offer relief: Nuvama
