Shree Cement stock gained 1.00 percent before Q2 results

Published on 10/07/2026 at 03:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shree Cement stock heads into an October 23 board meeting after Q1 revenue rose 18.0 percent to INR 6,233 crore. Q1 net profit fell 17.5 percent to INR 531 crore.

Shree Cement, INE070A01015, Illustration mit AI erstellt.

Shree Cement stock (ISIN INE070A01015) was last at INR 22,210 on the NSE on October 6, 2026, at 3:14 p.m. IST, up 1.00 percent from the prior close. The next company checkpoint is the board meeting scheduled for October 23, 2026, when Shree Cement is set to consider its unaudited Q2 FY27 and half-year results, according to Sahi Markets on September 17, 2026.

October 23 sets the test

The October meeting will cover the quarter and half-year ending September 30, 2026. That makes margin recovery the central operating question after elevated fuel and raw-material costs weighed on the June quarter, according to Sahi Markets.

The scheduled date also gives the stock a defined near-term event. Shree Cement's Q2 results will show whether stronger volumes can offset the cost pressure visible in the first quarter.

Revenue grew while profit fell

In Q1 FY27, revenue from operations increased 18.0 percent year over year to INR 6,233 crore, while consolidated net profit declined 17.5 percent to INR 531 crore, Sahi Markets reported on September 17, 2026, citing the July 31 results. The split between top-line growth and lower earnings puts EBITDA per tonne and fuel costs ahead of revenue growth as the more useful Q2 indicators.

Shree Cement's own investor materials list fiscal 2025-26 revenue of INR 19,310.52 crore, EBITDA of INR 4,788.07 crore and net profit of INR 1,706.25 crore, while installed cement capacity reached 69.30 MTPA, according to Shree Cement.

Analyst targets remain above price

The latest market view is divided. Zerodha reported on September 21, 2026, that Investec cut its target from INR 25,140 to INR 20,726 and reiterated Sell, while LSEG data showed 37 analysts at an average Buy rating with a median target of INR 28,690. The median target lies 29.6 percent above the October 6 price.

The contrast matters because the median view implies recovery, while Investec's lower target highlights the risk that volume-led growth may not fully repair profitability. Shree Cement's market capitalization stood at INR 801.4 billion on October 6, 2026, and its 52-week range was INR 21,355 to INR 30,285.

Shree Cement stock stays below its yearly high

Shree Cement stock was last at INR 22,210 on the NSE on October 6, 2026, with 22,432 shares traded. The price was INR 8,075 below the 52-week high, leaving the October 23 results meeting as the next dated test for margins and valuation.