Results - Announcements
Deccan Cements Ltd share price inched up 1.74% to Rs 485.0 after the company's net profit saw a strong growth of 105.82% to Rs 15.21 crore, while revenue from operations slightly gained 1.07% to Rs 221.68 crore in Q2FY27 over Q2FY26.
The market capitalization of Cement & Cement Products industry group stocks on BSE stood at Rs 9.75 lakh crore, declining 4.60%. It has improved by 0.03% over last one week and edged lower by 1.11% in last one month while the market capitalization of Deccan Cements Ltd has marginally improved by 2.10% and 11.57% in the same period respectively.
Profit before tax (PBT) of Deccan Cements Ltd stood at Rs 16.45 crore in Q2 FY27, nosediving by 232.02% year-on-year, and jumping 73.16% quarter-on-quarter. EBITDA came in at Rs 21 crore, expanding by 15.70% YoY and surging by 112.02% sequentially.
Total expenses marginally dropped 1.24% to Rs 215.3 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 29.54 crore, marginally falling by 6.01% YoY, while employee benefits expense was at Rs 9.55 crore, soaring 17.32% YoY.
For FY26, revenue from operations witnessed a strong growth of 20.61% to Rs 635.61 crore, while net profit soared by 280.05% to Rs 28.58 crore, compared to previous FY. EBITDA jumped by 2571% to Rs 68.96 crore, and PBT soared 218.81% to Rs 34.24 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 75.57 crore in FY26, as against Rs 37.64 crore in FY25.
Deccan Cements Ltd nosedived by 51.14% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.37% during the same period.