Industry: Cemen Category: Industry Research

Lower cost will offer respite: ICRA.
June 27, 2019, 12:37 p.m.

Continuing its efforts towards sustainable development goals, the country’s cement industry is keen to reduce its carbon footprint by 45 per cent by the year 2050.Adopting best environmental paradigms
May 30, 2019, 11:37 a.m.

Reviving cement prices and correction in crude oil prices are expected to revive the profitability of cement manufacturers, which were under constant pressure in FY19. Estimated cement prices pan-India grew at an average of 2% YoY and 3% QoQ in 4QFY19.
April 24, 2019, 11:35 a.m.

After a 12-13% volume growth in the first two quarters of FY19, cement volumes moderated to 10%YoY in 3QFY19. We believe it will moderate further to 6% YoY in 4QFY19.
April 15, 2019, 12:08 p.m.

We expect the cement companies in our coverage universe to report a tepid performance in the quarter ended March 2019, with average EBITDA margin at 16.6% versus 16.1% in the quarter ended March 2018.
April 9, 2019, 11:50 a.m.

All-India retail cement prices fell marginally by 1% MoM, although they rose 6% YoY, to Rs322/bag in March 2019 (from Rs326/bag in February 2019 and Rs305/bag in March 2018).
March 25, 2019, 10:53 a.m.

The Indian cement industry should witness a capacity addition of ~77mt overFY19-21E— translating to a capacity addition of ~26mt each year and registering a 6% CAGR over FY19-21E
Feb. 27, 2019, 9:06 a.m.

The settlement is for duration of four years from April 1, 2018 to March 31, 2022.
Feb. 22, 2019, 4:28 a.m.

Cement prices rose in January after falling for five months but the sector’s still far away from meaningful recovery. Here’s why.
Jan. 31, 2019, 10:45 a.m.

The Cement Manufacturers’ Association (CMA), which represents cement companies, has signed a Memorandum of Understanding (MoU) with the federation of major trade unions, including INTUC and AITUC.
Jan. 30, 2019, 11:33 a.m.