Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 India sales volumes up 18% y-y to 9.31 mn tons; realizations +1% to INR4,870/ton - Consolidated EBITDA rose 4% y-y to INR1,016 Cr; EBITDA/ton declined to INR966 due to higher fuel cost - UAE subsidiary commissioned 3 mn ton cement mill; total UAE capacity 7 mn tons - Ready-mix concrete volumes +153% y-y to 2.73 lakh m3; revenue +182% to INR129 Cr; EBITDA positive - Green electricity 65.2% of consumption; green power capacity 667 MW; zero liquid discharge operations - FY27 India cement demand growth expected 7-10%; company aims to outperform industry growth - Capex H1 FY27 INR895 Cr; H2 expected INR700-800 Cr; net cash INR8,168 Cr - Premium cement share reached 29%, targeting 40%+; price premium INR25-40/bag over base - Alternate fuel use increased to 5%, expected to rise; fuel cost Q2 INR2.09/kCal, Q3 guided INR2.15-2.20 - New Meghalaya plant on track for Mar 2028 commissioning; new capacity takes ~3 years to stabilize