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Sagar Cements Ltd Interim / Quarterly Report 2025

Jan 24, 2025

60727_rns_2025-01-24_f3b7720a-d5ca-4091-bf5a-5aab80eec3ba.pdf

Interim / Quarterly Report

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SAGAR CEMENTS LIMITED

==> picture [53 x 53] intentionally omitted <==

SCL: SEC:NSE:2023-2[4 ]

2[4] [111 ][J] a[nu] ary 2025

The National Stock Exchange oflndia Ltd., The Secretary "Exchange Plaza", 5[th ] Floor BSE Limited Bandra - Kurla Complex P J Towers Bandra (East) Dalal Street Mumbai-400 051 Mumbai - 400 001

Symbol: SAGCEM Scrip Code: 502090 Series: EO

Dear Sirs

Press Release regarding un-audited Financial Results (Standalone and Consolidated) for the third quarter and nine months period ended 31[st ] December, 2024

Further to our letter of date, we are sending herewith a copy of the Press Release being issued by us in connection with the un-audited financial results for the third quarter and nine months period ended 31[st ] December 2024.

Thanking you

Yours faithfully • O[' ][�agar Cements Limited] V ;_�, Company Secreta '­ M.N o.A31113

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Encl: a.a.

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Registered Office : Plot No. I 11, Road No. I 0, Jubilee Hills, Hyderabad - 500033,Telangana State, India. Phone : +91-40-23351571, 23351572 Fax : +91-40-23356573 E-mail : [email protected] Website : w .sagarcemencs.in CIN : L26942TG 1981 PLC002887 GSTIN : 36AACCS8680H2ZY

Factories : MattampallyVillage & Mandal, Suryapec District, Telangana Scace - 508204. Phone : 08683 - 247039 GSTIN : 36AACCS8680H I ZZ Bayyavaram Village, Kasimkota Mandal, Anakapally District, Andhr·a Pradesh State - 531031. Phone : 08924-244550 Fax : 08924-244570 GSTIN : 37 AACCS8680H I ZX Gudipadu Village, Yadiki Manda!, Ananchapur District, Andhra Pradesh State - 515408. Phone: 08558-200272 GSTIN : 37 AACCS8680H I ZX Kalinganagar, Industrial Cornplex,Tahsil-Dangadi, Disc - Jajpur, Odisha. Phone : 08340882288 GSTIN : 21 AACCS8680H I ZA

Results Presentation January, 2025

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1

©2025, Sagar Cement. All rights reserved. Privacy Policy

1 Sales & Marketing

  • 2 Consolidated and Standalone Financial results

  • 3

Financial and Operational Performance analysis

  • 4 Jt. Managing Director’s Comment

  • 5 Capex update

  • 6 ESG

Bayyavaram Grinding Unit, A.P

7

Company Snapshot

  • ©2025, Sagar Cement. All rights reserved. Privacy Policy

2

Sales & Marketing- Overview Q3 FY25

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Revenue Sale Volume
₹ 564 Crore 1.38 MnT
YoY YoY
▼ 16% ▼ 2%
Q3 FY24 Q2 FY25 Q3 FY24 Q2 FY25
₹ 669 Crore ₹ 475 Crore 1.41 MnT 1.16 MnT
The Company’s total revenue Q3 FY25 sales lower by 2% compared
decreased by 16%, to Q3 FY24
compared to Q3 FY24.
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Sales Channel Sales Mix
3% 3% 0% 2%
YoY Trade
volume 10% YoY
Blended volume
54% ▼ 17% 29% 53% ▼ 14%
46%
Q3 FY24 Q2 FY25
Q3 FY24 Q2 FY25 Blended Blended
Trade: 55% Trade: 51% Share 54% Share 51%
Trade Non Trade OPC PPC PSC CC PPCIP SRC GGBS
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Avg. Lead distance (Kms)

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245 YoY Freight(₹/ Ton)
▼ 3%
Q3 FY24 Q2 FY25
255 254
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The average freight cost per ton during Q3 FY25 is ₹ 835, reflecting a 3% (i.e., ₹ 29) decrease compared to Q3 FY24.

Compared to Q3 FY24, there is a decrease in trade sale volume by 17% and non-trade sale by 16% in Q3 FY25.

Blended sales volumes lower by 14% on a YOY basis

Jajpur Grinding Unit, Odisha

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32% 68% YoY
Bulk
volume
▲ 9%
Q3 FY24 Q2 FY25
Bulk Sale: 29% Bulk Sale: 33%
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In Q3 FY25 and Q3 FY24, packed sales accounted for 68% & 71% respectively.

3

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Sales & Marketing- Overview 9M FY25

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Revenue Sale Volume
₹ 1,600 Crore 3.82 MnT
YoY YoY
▼ 11% ▼ 2%
9M FY24 9M FY24
₹ 1,796 Crore 3.90 MnT
The Company’s total revenue 9M FY25 sales volumes lower by 2%
decreased by 11%, compared to previous year
compared to 9M FY24.
Sales Channel Sales Mix
4% 3% 0% 2%
YoY Trade
volume 10% YoY
50% ▼ 12% 49% Blended volume
32% ▼ 10%
50%
9M FY24
9M FY24 Blended
Trade: 56% Share 55%
Trade Non Trade OPC PPC PSC CC PPCIP SRC GGBS
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Avg. Lead distance (Kms)

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251 YoY Freight(₹/ Ton)
▼ 2%
9M FY24
262
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The average freight cost per ton during 9M FY25 is ₹ 837, reflecting a 2% (i.e., ₹ 21) decrease compared to 9M FY24.

Compared to 9M FY24, there is a decrease in trade sale volume by 12% and non-trade sale volume increased by 11% in 9M FY25.

Compared to 9M FY24, there is a decrease in blended sale volume by 10% in 9M FY25

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Jajpur Grinding Unit, Odisha
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31% 69% YoY
Bulk
volume
▲ 10%
9M FY24
Bulk Sale: 28%
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In 9M FY25 and 9M FY24, packed sales accounted for 69% & 72% respectively.

4

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Financial Performance Q3 & 9M FY25 Consolidated Financial Results & Per ton Analysis

Consolidated Per Ton Consolidated Per Ton Consolidated Per Ton Analysis
Particulars
(in Rs)		 Q3
FY25		 Q3
FY24		 YoY% Q2
FY25		 QoQ
(%)		 9M
FY25		 9M
FY24		 YoY%
Net
Realization / T
Total		 4,096 4,757 ▼14% 4,093 ▲ 0% 4,120 4,606 ▼11%
Expenditure / T 3,822 4,138 ▼ 8% 3,921 ▼ 3% 3,850 4,150 ▼ 7%
Raw Material
Consumed
Employee
Expenses		 736
272		 829
210		 ▼ 11%
▲ 30%		 779
267		 ▼ 6%
▲ 2%		 755
255		 816
218		 ▼ 8%
▲ 17%
Power & Fuel
Freight
Purchase of
stock in Trade		 1,456
835
7		 1,701
864
18		 ▼ 14%
▼ 3%
▼ 63%		 1,446
830
15		 ▲ 1%
▲ 1%
▼ 55%		 1,458
837
15		 1,686
858
36		 ▼ 14%
▼ 2%
▼ 58%
Other Expenses 517 516 ▲ 0% 584 ▼ 12% 530 535 ▼ 1%
EBITDA/ T 273 619 ▼ 56% 172 ▲ 59% 270 456 ▼ 41%
Particulars
Q3
FY25
Q3
FY24
YoY
(%)
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY%
Sales Volume (MT)
13,76,732 14,07,167 ▼ 2% 11,60,873
▲ 19%
38,20,774 38,99,353
▼ 2%
Revenue from
Operations
56,388
66,941
▼ 16%
47,512
▲ 19%
1,59,960
1,79,590
▼ 11%
Other Income
481
373
▲ 29%
484
▼ 1%
1,795
1,038
▲ 73%
Total Income
56,869
67,314
▼ 16%
47,996
▲ 18%
1,61,755
1,80,628
▼ 10%
Operating
expenses
52,624
58,235
▼ 10%
45,519
▲ 16%
1,49,533
1,61,812
▼ 8%
Op. EBITDA
3,764
8,706
▼ 57%
1,993
▲ 89%
10,427
17,778
▼ 41%
Op. EBITDA
Margin %
7
13
▼ 49%
4
▲ 59%
7
10
▼ 34%
Op. EBITDA
per Ton in ₹
273
619
▼ 56%
172
▲ 59%
270
456
▼ 40%
Finance cost
4,807
4,886
▼ 2%
4,638
▲ 4%
14,082
13,934
▲ 1%
Depreciation
5,861
5,653
▲ 4%
5,760
▲ 2%
17,239
15,802
▲ 9%
(Loss)/ profit
before exceptional
items and tax
(6,423)
(1,460)
-
(7,921)
-
(19,099)
(10,920)
-
Exceptional items
-
-
-
-
-
-
(1,479)
-
(Loss)/ profit
before tax
(6,423)
(1,460)
-
(7,921)
-
(19,099)
(9,441)
-
Tax expenses
(978)
(410)
-
(2,223)
-
(4,736)
(3,078)
-

(Loss)/ profit
after tax
(5,445)
(1,050)
-
(5,698)
-
(14,363)
(6,363)
-

  • Revenue decreased by 16% Y-o-Y and volume decreased by 2% for Q3 FY25.

  • Plants operated at around 53% during the current quarter.

  • Operating EBITDA of ₹ 3,764 lakhs for Q3 FY25 as against ₹ 8,706 lakhs during Q3 FY24.

  • Operating EBITDA of ₹ 273 per ton during Q3 FY25.

  • EBITDA margin decreased by 600 bps to 7% for Q3 FY25 (v/s Q3 FY24).

  • • Loss after tax stood at ₹ 5,445 lakhs for Q3 FY25 v/s Loss of ₹ 1,050 lakhs during Q3 FY24.

5

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Q3 & 9M FY25 Standalone Financial Results

Sagar Cements Limited

Sagar Cements (M) Private Limited

Andhra Cements Limited

Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)10,04,397 10,67,782 ▼ 6%
8,59,437
▲ 17% 28,00,124 30,68,895 ▼ 9%
Revenue
from
Operations
38,340
50,262
▼ 24%
32,973
▲ 16% 1,10,680
1,39,089 ▼ 20%
Other
Income
615
531
▲ 16%
648
▼ 5%
1,927
1,553
▲ 24%
Total
Income
38,955
50,793
▼ 23%
33,621
▲ 16% 1,12,607
1,40,642 ▼ 20%
Operating
expenses
37,336
43,667
▼ 14%
32,792
▲ 14% 1,05,820
1,26,156 ▼ 16%
Op. EBITDA
1,004
6,595
▼ 85%
181
▲ 455%
4,860
12,933
▼ 62%
Op. EBITDA
Margin %
3
13
▼ 80%
1
▲ 377%
4
9
▼ 53%
Op. EBITDA
per Ton in ₹
100
618
▼ 84%
21
▲ 375%
174
421
▼ 59%
Finance cost
2,127
1,888
▲ 13%
2,001
▲ 6%
6,080
5,646
▲ 8%
Depreciation
3,019
3,052
▼ 1%
2,992
▲ 1%
8,931
8,573
▲ 4%
(Loss)/ profit
before tax
(3,527)
2,186
-
(4,164)
-
(8,224)
267
-
Tax
expenses
(1,101)
652
-
(1,435)
-
(2,693)
390
-
(Loss)/ profit
after tax
(2,426)
1,534
-
(2,729)
-
(5,531)
(123)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume(MT) 1,97,440
1,70,575
▲ 16%
1,50,646
▲ 31%
5,31,688 5,37,268
▼ 1%
Revenue
from
Operations
11,941
9,099
▲ 31%
9,219
▲ 30%
32,109
28,357
▲ 13%
Other
Income
33
24
▲ 38%
27
▲ 22%
87
66
▲ 32%
Total
Income
11,974
9,123
▲ 31%
9,246
▲ 30%
32,196
28,423
▲ 13%
Operating
expenses
8,350
7,446
▲ 12%
6,381
▲ 31%
24,147
23,648
▲ 2%
Op. EBITDA
3,591
1,653
▲ 117%
2,838
▲ 27%
7,962
4,709
▲ 69%
Op. EBITDA
Margin %
30
18
▲ 66%
31
▼ 2%
25
17
▲ 49%
Op. EBITDA
per Ton in ₹
1,819
969
▲ 88%
1,884
▼ 3%
1,497
876
▲ 71%
Finance cost
1,141
1,224
▼ 7%
1,148
▼ 1%
3,487
3,681
▼ 5%
Depreciation
933
968
▼ 4%
925
▲ 1%
2,762
2,860
▼ 3%
(Loss)/ profit
before tax
1,550
(515)
-
792
-
1,800
(1,766)
-
Tax
expenses
123
(124)
-
203
-
197
(429)
-
(Loss)/ profit
after tax
1,427
(391)
-
589
-
1,603
(1,337)
-
* Adjusted EBITDA for cement		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-		 Particulars
Q3
FY25
Q3
FY24
YoY
%
Q2
FY25
QoQ
(%)
9M
FY25
9M
FY24
YoY
%
Sales
Volume (MT)
1,74,896 1,68,810▲ 4%
1,50,790▲ 16% 4,88,963 2,93,190▲67%
Revenue
from
Operations
6,633
9,792
▼ 32%
5,486
▲ 21%
18,458
17,627▲ 5%
Other Income
195
44
▲ 343%
129
▲ 51%
780
105
▲643%
Total Income
6,828
9,836
▼ 31%
5,615
▲ 22%
19,238
17,732
▲ 8%
Operating
expenses
7,464
9,334
▼ 20%
6,512
▲ 15%
20,853
17,491
▲ 19%
Op. EBITDA
(831)
458
-
(1,026)
-
(2,395)
136
-
Op. EBITDA
Margin %
(13)
5
-
(19)
-
(13)
1
-
Op. EBITDA
per Ton in ₹
(475)
271
-
(680)
-
(490)
46
-
Finance cost
1,901
2,000
▼ 5%
1,809
▲ 5%
5,514
5,293
▲ 4%
Depreciation
1,836
1,559
▲ 18%
1,773
▲ 4%
5,331
4,149
▲ 28%
(Loss)/ Profit
before
exceptional
items and tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(9,201)
-
Exceptional
items
-
-
-
-
-
-
1,479
-
(Loss)/ Profit
before tax
(4,373)
(3,057)
-
(4,479)
-
(12,460)
(7,722)
-
Tax expenses
-
(938)
-
(991)
-
(2,240)
(3,039)
-
(Loss)/ profit
after tax
(4,373)
(2,119)
-
(3,488)
-
(10,220)
(4,683)
-
Revenue
from
Operations		 6,633 9,792 ▼ 32% 5,486 ▲ 21% 18,458 17,627
Other Income 195 44 ▲ 343% 129 ▲ 51% 780 105
Total Income 6,828 9,836 ▼ 31% 5,615 ▲ 22% 19,238 17,732
Operating
expenses		 7,464 9,334 ▼ 20% 6,512 ▲ 15% 20,853 17,491
Op. EBITDA (831) 458 - (1,026) - (2,395) 136
Op. EBITDA
Margin %		 (13) 5 - (19) - (13) 1

Op. EBITDA
per Ton in ₹		 (475) 271 - (680) - (490) 46
Finance cost 1,901 2,000 ▼ 5% 1,809 ▲ 5% 5,514 5,293
Depreciation 1,836 1,559 ▲ 18% 1,773 ▲ 4% 5,331 4,149
(Loss)/ Profit
before
exceptional
items and tax		 (4,373) (3,057) - (4,479) - (12,460) (9,201)
Exceptional
items		 - - - - - - 1,479
(Loss)/ Profit
before tax		 (4,373) (3,057) - (4,479) - (12,460) (7,722)
Tax expenses - (938) - (991) - (2,240) (3,039)
(Loss)/ profit
after tax		 (4,373) (2,119) - (3,488) - (10,220) (4,683)
6% YoY
decrease in
volumes during
Q3 FY25.
Op. EBITDA of ₹1,004
lakhs during Q3 FY25
decreased by 85% on
a Y-o-Y basis.
Op. EBITDA of ₹ 100
per ton during Q3
FY25 decreased by
84% on a Y-o-Y basis.		 16% YoY
increase in
volumes
during Q3 FY25.
Op. EBITDA of
₹ 3,591 lakhs during
Q3 FY25 increased by
117% on a Y-o-Y
basis.
Op. EBITDA of
₹ 1,819 per ton
during Q3 FY25
increased by 88% on
a Y-o-Y basis.
 4% YoY increase in
volumes
during Q3 FY25.
Op. EBITDA of
₹ (831) lakhs
during Q3 FY25.
Op. EBITDA of
₹ (475) per ton
during Q3 FY25.

6

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Key Ratios – Consolidated

Particulars
UOM
Q3 FY25
Q2 FY25
Q3 FY24
9M FY25
9M FY24
EBITDA Ratio
%
7%
4%
13%
7%
11%
PBT Ratio
%
(12%)
(12%)
(2%)
(12%)
(2%)
PAT Ratio
%
(10%)
(13%)
(2%)
(9%)
(4%)
EPS, Not Annualized
₹
(4.17)
(4.36)
(0.80)
(10.99)
(4.87)
Total Debt-Equity Ratio
Multiples
0.78
0.77
0.78
0.78
0.78
Debt Service Cover Ratio
Multiples
0.45
0.27
1.05
0.46
0.85
Interest Service Cover Ratio
Multiples
1.09
1.01
1.94
1.20
1.68
Current Ratio
Net of current borrowings
Multiples
1.11
1.22
1.46
1.11
1.46

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Debt Profile

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----- Start of picture text -----

Gross Debt (₹ in Crores)
1,439 1,626
1,485
1,342
1,199
1,334
1,248 1,193
1,050
907
292 292 292 292
192
FY24 (A) FY25 (P) FY26 (P) FY27 (P) FY28 (P)
Term Loan (₹ in Crores) Working Capital (₹ in Crores) Gross Debt (₹ in Crores)
Net Debt (₹ in Crores)
----- End of picture text -----

Dec 31,
2024
Particulars
(Rs. in Lakh)
Sept 30,
2024
QoQ
(%)
1,46,184
Gross Debt
1,48,234
▼ 1%
1,12,341
•
Long Term
1,16,895
▼ 4%
33,843
•
Working Capital
31,339
▲ 8%
15,934
Cash & Bank Balance
16,277
▼ 2%
1,30,250
Net Debt
1,31,957
▼ 1%
0.60
Long term Debt Equity Ratio (%)
0.61
1,86,625
Net Worth
1,92,093
▼ 3%		 Gross Debt (₹ in Crores)
1,248
1,334
1,193
1,050
907
192
292
292
292
292
1,439
1,626
1,485
1,342
1,199
FY24 (A)
FY25 (P)
FY26 (P)
FY27 (P)
FY28 (P)
Term Loan (₹ in Crores)
Working Capital (₹ in Crores)
Gross Debt (₹ in Crores)
Net Debt (₹ in Crores)
1,177
1,325
1,296
915
675

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Net Debt (₹ in Crores)
1,177 1,325 1,296
915
675
FY24 (A) FY25 (P) FY26 (P) FY27 (P) FY28 (P)
Net Debt (₹ in Crores)
8
----- End of picture text -----

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----- Start of picture text -----

Interest and Principal Repayment Projections (₹ in Crores)
Principal Repayment (₹ 343 337
in Crores) 324 309
Interest Payment on
Term Loan & Working Capital (₹ in Crores) 183 196 181 166
93 79 94 77 96 83 80 79 84 82 81 77 79 78 77 76
46 46 49 42 160 51 49 48 48 141 47 46 45 44 143 43 42 41 40 143
47 33 45 35 45 33 32 31 37 36 36 34 36 36 36 36
Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total
FY25 (P) FY26 (P) FY27 (P) FY28 (P)
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Cost per Ton on Consolidated Basis

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----- Start of picture text -----

Raw Material Cost (₹/ T) Power & Fuel Cost (₹/ T)
▼ 14% on YoY
▼ 11% on YoY
1,701
1,556
829 1,470 1,446 1,456
798
779
755
736
Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25
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----- Start of picture text -----

Power & Fuel Cost (₹/ T)
▼ 14% on YoY
1,701
1,556
1,470 1,446 1,456
Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25
Freight Cost (₹/ T)
▼ 3% on YoY
864
849
844
835
830
Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25
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----- Start of picture text -----

Employee Cost (₹/ T)
▲ 30% on YoY
267 272
225
210
188
Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25
----- End of picture text -----

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==> picture [41 x 39] intentionally omitted <==

Raw material cost per ton during Q3 FY25 was ₹ 736 per ton as against ₹ 829 per ton during Q3 FY24.

Power & Fuel cost per ton during Q3 FY25 stood at ₹1,456 as against ₹ 1,701 per ton during Q3 FY24.The main reasons for decrease in Power & Fuel cost is due to reduction in the prices of pet coke & coal.

Employee costs during Q3 FY25 amounted to ₹ 272 per ton as against ₹ 210 per ton during Q3 FY24. Annual appraisals were considered during Q3 FY25.

9

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Power Mix

Focus on Green Power

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----- Start of picture text -----

23%
24%
65%
Q3 FY25 14% Q3 FY24
63%
11%
Grid power Green Power Thermal Power
----- End of picture text -----

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----- Start of picture text -----

18%
Q2 FY25 12%
70%
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10

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Thermal Fuel Prices


14,508
13,855
12,630
12,121
12,014
12,970
9,532
11,744
9,526
10,454
8,002
7,883
7,805
6,793
6,760
Q3FY24
Q4FY24
Q1FY25
Q2FY25
Q3FY25
Pet Coke
Imported Coal
Domestic Coal
Thermal Prices(₹ /Mt)
16
18
13
8
6
16
1
8
15
4
65
76
74
72
84
3
5
5
5
5
100
100
100
100
100
Q3FY24
Q4FY24
Q1FY25
Q2FY25
Q3FY25
Indian coal
Imported coal
Pet coke
Alternative fuel
Total
Group level usage of fuel based on kcal (%)		 Kcal on NCV basis
7,200
6,900
4,800
Pet Coke
Imported Coal
Domestic Coal
₹ /Kcal
1.88
1.80
1.73
1.66
1.65
2.08
1.73
1.96
1.73
1.73
1.78
1.75
1.64
1.51
1.50
Q3FY24
Q4FY24
Q1FY25
Q2FY25
Q3FY25
Pet Coke
Imported Coal
Domestic Coal
16
18
13
8
6
16
1
8
15
4
65
76
74
72
84
3
5
5
5
5
100
100
100
100
100
Q3FY24
Q4FY24
Q1FY25
Q2FY25
Q3FY25
Indian coal
Imported coal
Pet coke
Alternative fuel
Total
Group level usage of fuel based on kcal (%)

Current Fuel Price Trends

Imported Pet Coke

11,342 1.58

(Per Ton (₹)) Per Kcal (₹)

Indian Pet Coke

11,083 1.54

(Per Ton (₹)) Per Kcal (₹)

Imported Coal

11,498 1.67 (Per Ton (₹)) Per Kcal (₹) Domestic Coal 7,917 1.65 (Per Ton (₹)) Per Kcal (₹)

11

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Jt. Managing Director’s Comment

Commenting on the Performance

“Q3 performance benefitted in part from the pick-up in demand during the second half of the quarter and steady realisations. While the quarter began on a soft note owing to festive season and labour unavailability, construction activities picked up pace during the second half. Demand from rural segment also revived steadily aided by better agricultural output.

EBITDA for the quarter stood at Rs. 38 crore, with margins of 7%. EBITDA/ton stood at Rs. 273. While input prices remained largely steady compared to previous quarter, we expect the benefit of softening raw material prices to reflect in our financials from next quarter. Moreover, our initiatives to enhance the energy mix by increasing the proportion of green power, improving operational efficiencies, and achieving higher utilization rates across our facilities will contribute to profitability and margin growth in the years ahead.

MR. SREEKANTH REDDY Jt. Managing Director

For the full year FY25 we believe we will be able to achieve sales volumes similar to FY 24 of 5.50 MnT.

During January 2025 the Company has successfully commissioned 6 MW Solar Power plant at its Gudipadu Unit. Further the Company has received approvals for implementation of 6 MW Solar Power plant at its Dachepalli unit.

To conclude, we believe that our initiatives to lower freight costs—through shortening lead distances, decreasing the clinker factor, upgrading our assets, and optimizing our energy mix will effectively generate long-term value for our shareholders.”

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Capex Update

Company proposes to increase the green
power capacities. Details are as follows
Particulars
Capacity (MW)
Timeline
Capex (₹ in lakhs)
Solar - Gudipadu
6.00
Commissioned
duringJanuary’25
Implemented under
Lease Finance
WHR - Gudipadu
4.50
FY27
7,200
Solar - Mattampally
4.00
FY27
1,800
WHR for Line 1 - Mattampally
2.00
FY28
3,200
Solar - Jeerabad
4.00
FY27
1,800
WHR - Dachepalli
9.00
FY29
14,400
Solar - Dachepalli
6.00
FY27
2,700

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Gudipadu Integrated Plant, A.P
----- End of picture text -----

Company proposes to expand the cement capacities of Gudipadu and Jeerabad plants by 0.25 MnT and 0.50 MnT respectively by FY26.

Company proposes to expand the Dachepalli plant capacities

Clinker Capacity from 1.85 Cement Capacity from 2.25 MnT to 2.31 MnT MnT to 3.00 MnT

The above expansion at Dachepalli plant is expected to be completed by end of FY26

Dachepalli Integrated Plant, A.P

The Proposed Capex for the expansion is ₹ 470 Cr. (For FY25: ₹ 255 Cr. and balance will be spent in FY26).

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13

Sagar Cements ESG Efforts - Overview

ESG Vision

Positive transformation of the environment around us; the people amidst us; and the conduct among us.

==> picture [130 x 68] intentionally omitted <==

Policies & Management Systems ESG Roadmap Targets Targets for 13 Material Topics Material Topics

E - Energy, Emissions, Resource, Water, Waste and Biodiversity,

ESG Rating Sagar Cements participated in CDP Disclosure Cycle 2024 for its first ESG Rating.

S - Health And Safety, Employee Wellbeing And Experience, Customers And Partners, Communities,

  • G - Corporate Governance Practices, Transparency and stakeholder engagement, Ethics and compliance

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SCL GHG Emission Reduction Targets are SBTi Validated

Net-Zero Target : SCL commits to reach Net-Zero Greenhouse Gas emissions across the value chain by FY2050 .

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18.8% Near-Term Targets : SCL commits to reduce gross Scope 1 and 2 GHG emissions per . tonne of cementitious product by FY2030 from a FY2023 base year

95.1% Long-Term Targets : SCL commits to reduce gross Scope 1 and 2 GHG emissions per tonne of cementitious product by FY2050 from a FY2023 base year along with Scope 3 GHG emissions 97% per tonne of cement produced within the same timeframe.

==> picture [136 x 132] intentionally omitted <==

“SCL is the First Indian Company to set the Long-term CO2 emission reduction Targets in line with Net Zero by 2050, validated by SBTi.”*

*Source: SBTi’s published validated targets list as on 09/01/2025

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SCL GHG Emission Reduction Measures

Increasing share of Green Energy

We are investing in increasing the share of green energy at our cement plants through an optimal power mix which includes WHRS, and hydro power and solar power plants. This year, we installed a 6 MW Solar power plant at Gudipadu in January 2025 increasing our Green energy capacity to 30 MW.

6 MW Solar Power Plant, Gudipadu, Andhra Pradesh

Launched Electric Vehicles across 3 Plants

This year, we have also introduced Electric Vehicles (EVs) at three plants for cleaner transportation of our raw materials and products. 2 EV Loaders are used each at Mattampally, and Dachepalli for material handling at the plant. 2 EV Trucks are used at Bayyavaram to transport Slag to the Plant and Cement dispatches from the plant.

Electric Vehicles used for material handling at Dachepalli Plant, Andhra Pradesh

16

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ESG Performance - Environment

Emissions

Resources

Specific Electricity Consumption – Gross Emission Intensity 65.80 kWh/MT Cement (Scope-1,2 and 3) 691.7 kg CO2/ MT Cementitious

30 KLD STP using Forced Bed Aeration set up at Dachepalli

44% Blended Cements

23.3% of alternative cementitious materials used

Specific Thermal Consumption- 722 kCal/kg Clinker SOX Emission- 19 MT and NOX 14.5% Green Power Emission – 2,393 MT

Reuse of N-Pit, RO Water, DM Plant reject in Operations

0.756 Clinker factor

0.5X Water Positive

Digitalization: Installed PXP software’s in all plants

In Accordance with Short-Term Science-Based Targets Aligned with 1.5°C Reduction

Deployed 2 EV trucks and 4 EV loaders into Operation Cultivated Green grass in 37 Hectares as a pilot project Specific Electricity Gross Emission Intensity 4X Water Positive Reduce clinker Consumption – (Scope-1,2) 647 kg CO2/ Reduce freshwater factor to 0.705 72.4 kWh/MT Cement MT Cementitious consumption by Specific Thermal ConsumptionEnhance TSR to 11% 4% from 2022. 725 kCal/kg Clinker 20% Green Power Specific Electricity Consumption – Gross Emission Intensity 10X Water Positive Increased use of 70 kWh/MT Cement ( Scope-1,2) 542 kg CO2/ decarbonated raw materials, Reduce freshwater consumption Specific Thermal Consumption- MT Cementitious by 20% from 2022. i.e., 2.0% by 2030 and 5.0% by 2050s 700 kCal/kg Clinker Targets for FY 30 -near-Term 50% Green Power Science-Based Targets Aligned with 1.5°C Reduction Enhance TSR to 25% Deploy Zero Emission transportation by 30%

5.5% Thermal Substitution Rate

19.3% of Alternative fuels used by Weight Zero waste to Landfill

Use cementitious waste materials and reduce clinker factor

Biodiversity

Total 44,646 Saplings planted across 27.3 hectares

Developing a diversified and native plantation across five hectares per year, with ~10,000 saplings

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Health and Safety

Q3 FY25

1.75 Crores CSR Spent during 9M FY25

26,406 Lives Impacted

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CSR Surveys and implementation to enhance quality of living in Neighborhood communities

FY30

Strengthen the community health center by 2025 Start a skill development training center by 2030

Offer vocational training programmes for the underprivileged by 2027

ESG Performance

Employee Engagement

Social

Q3 FY25

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14,478 Training Hours

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1.97 Training Hours per Employee

1.6 Female Employee Ratio

FY30

Undertake effective steps to raise the female employee ratio

Q3 FY25

Zero fatalities

5 Safety audits conducted in all sites 329 Near miss Mapping

FY30

Ensure zero fatalities

Continually improve the safety management system by carrying out regular safety audits

Q3 FY25

Regular Meetings held with partners and stakeholders towards promotion of use of blended / low carbon cements

FY30

Focus on building stronger bonds and relationships with customers and partners

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Empowering Communities

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Health
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Sri. S. Veera Reddy memorial Merit Scholarships, given to Z. P. High School students on 26.10.2024 at Bayyavaram, Andhra Pradesh

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Provided Furniture, Computers and printers to Government School, Gamalapadu, Andhra Pradesh ©2025, Sagar Cement. All rights reserved. Privacy Policy

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Medical camp organised at Gudipadu village, Andhra Pradesh on 14.12.2024

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Installed RO based-Drinking Water Cooler in Durga Public School, Dachepalli, Andhra Pradesh.

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Drinking water pipeline repairing work undertaken under CSR

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Cleaning & Maintenance of Dandivagu Canal, Dachepalli, Andhra Pradesh

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Planned ESG Activities FY25

Preheater modification at Dachepalli

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Installation of 6 MW solar power project at Gudipadu and Dachepalli Units

Installation 4.5 MW WHRS at Gudipadu

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Audits to modify preheater, Cooler and Mills at Mattampally

Pilot Scale Biogas in Vehicles for material transport

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More surveys in alignment with SDGs in neighborhood villages to enhance Quality of Life

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Company Snapshot

Ordinary Portland Cement (OPC)- 53 & 43 Portland Pozzolana Cement (PPC) Composite Cement (CC)

PI Opportunities Fund – I Scheme II (“PIOF”), an affiliate of Premji Invest, the Private Equity and investment arm of one of India’s largest philanthropic endowments, holds 10.10% equity stake in the Company.

AvH Resources India Pvt. Ltd., a wholly owned subsidiary of Ackermans & Van Haaren NV belonging to AvH Group, a Belgian major holds 19.64% equity stake in the Company.

Sulphate Resistant Cement (SRC) Portland Slag Cement (PSC)

Ground Granulated Blast – Furnace Slag (GGBS)

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Promoted by experienced technocrat and entrepreneurs

Listed entity Plant started Current group with around operations in capacity : 4 decades of 1985 with a 10.50 MTPA successful capacity of operations 66,000 TPA

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Strong presence across all five southern states, along with Madhya Pradesh, Maharashtra and Odisha.

High focus on technology Captive power and process efficiencies; capacity High levels of Corporate of 102.96 MW Governance standards

Strong brand built over the last 4 decades – “Sagar Cement”

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Awards during Q3 FY25

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The Gudipadu Plant received 1[st] prize on 16[th] November 2024 in various categories, including Drilling and Blasting, Safe Mine Workings, Crusher and Conveyor Belts, Safety Management System, and Overall Performance in Zone-3 (B2 Group) during the Mines Safety Week 2024, organized by the Mines Safety and Productivity Association, Hyderabad Region.

At the 39[th] Mines Safety Week Observance 2024, organized by the Mines Safety and Productivity Association, Hyderabad Region, under DGMS, the DCW Limestone Mine, Andhra Cements Limited, Dachepalli Plant, earned the 1[st] Prize for Overall Performance in Group C. Additionally, several other accolades were secured at the Mines level in Group C.

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Company Snapshot

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Share Holding Pattern (as on Dec 31, 2024)
31.18
%
48.31
Promoters
%
Institutions
20.51
Non-Institutions
%
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Capital Market Metrics
Listed on
BSE & NSE
CMP (INR)*
~204
M-Cap (INR mn)
~26,671
52 week high (INR)
~ 284 (January 24, 2024)
52 week low (INR)
~194 (June 04, 2024)

*Market price at close on January 24, 2025 (NSE)

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Mattampally Integrated Plant ,TG
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Proven Track Record of Disciplined M&A since 2015

Strategic acquisitions resulted in widening regional footprint and enhanced product mix

2.25 1.50 Cumulative Capacity (MTPA) 1.00 1.50 1.25 - 2.60 Current Capacity (MTPA) 0.18 - Acquisition Capacity (MTPA) 1.00 Location Gudipadu, AP Bayyavaram, AP Jeerabad, MP Jajpur, Odisha Dachepalli & Vizag, AP Company BMM Cement Bayyavaram unit Satguru Cement (65%) Jajpur Cement Andhra Cement ~~Year~~ ~~2015 2016 2019 2019 2023~~ Shorter Shorter Lead Access to new markets Strategic location Lead distance distance with attractive margins Captive Power Freight cost savings Enabled Satguru Cement: Enables to better deeper reach serve western Madhya Pradesh, Access to Synergies Lower Power cost in Northeastern Gujarat and Maharashtra raw material coastal AP Districts and Enabled deeper & Southern districts Jajpur Cement: Enhances reach in operating reach in South of Odisha market central/ coastal Odisha, Bihar, Tamilnadu and Jharkhand and West Bengal benefits South Karnataka Addition of limestone reserves Enhanced scale of operations

Long history of driving value via accretive M&A

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Equity Thesis

Professional Management with Strong Execution Track Record

Strong Financials

Acquisition Synergies to Derive Multiple Benefits

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Amongst India’s most efficient cement producer Presence across well established and faster growing markets

Robust capacity expansion plan in place

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Market Footprint

Strategically located to reap a significant locational advantage

Sagar Cements (M) Pvt. Ltd. – Indore, Madhya Pradesh

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|||
|---|---|
|Capacity|1 MTPA|
|Key Markets|Western Madhya Pradesh|
|Gujarat and Maharashtra (Adjacent|
|to Western Madhya Pradesh)|
|Captive power|5.3 MW|

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|||
|---|---|
|Sagar Cements Ltd. – Jajpur, Odisha|
|Capacity|
|Key Markets|Central/ Costal Odisha|
|Sagar Cements Ltd. – Bayyavaram, Andhra Pradesh|
|Capacity|1.5 MTPA|
|Key Markets|Vizag, Vizianagaram, Srikakulam, South Odisha|
|Captive power|8.43 MW (Hydro + Solar)|

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|||
|---|---|
|to Western Madhya Pradesh)|
|Captive power|5.3 MW|
|Sagar Cements Ltd. – Gudipadu, AP|
|Capacity|1.25 MTPA|
|Andhra Pradesh,|
|Key Markets|
|Karnataka, Tamil Nadu|
|Captive power|31 MW|
|Andhra Cements Ltd. (DCW) –|
|Dachepalli, Andhra Pradesh|
|Capacity|2.25 MTPA|
|Capacity|
|Key Markets|Andhra Pradesh, Telangana, Tamil Nadu|
|Key Markets|
|Captive power|30 MW|

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Sagar Cements Ltd. – Jajpur, Odisha Capacity 1.5 MTPA (Cement Grinding) Key Markets Central/ Costal Odisha Bihar, Jharkhand, West Bengal

Sagar Cements Ltd. – Mattampally, Telangana

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|||
|---|---|
|Capacity|3.0 MTPA|
|Key Markets|Andhra Pradesh, Telangana,|
|Tamil Nadu, Maharashtra, Odisha|
|Captive power|28.23 MW|

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Key Enablers

Access to resources

  • Strong limestone resources:

  • Over 395 MnT at Mattampally

  • Over 165 MnT at Gudipadu

  • Over 68 MnT at Indore (SCMPL)

  • Over 316 MnT at Dachepalli

  • Geographic location with proximity to Coal mines (Major Fuel) (less than 150 km from the plant) and ports (around 400 km from the plant)

  • Packing Material primarily sourced from a Group entity

Growing market

  • Plants located in close proximity to major markets in the South and select markets in Maharashtra, Odisha and Madhya Pradesh.

  • Average lead distance below 300 km

  • Strong sales network – 3,099 dealers and 7,302 sub-dealers

  • Commissioning of Jeerabad Plant has helped in reaching central & western parts of India.

  • Jajpur Plant has helped in better penetration in north & central Odisha and parts of West Bengal.

Advanced plants

  • Fully automated 3.00 MTPA integrated plant in Mattampally, Telangana

• Highly advanced 1.25 MTPA integrated plant in Gudipadu, Andhra Pradesh

  • 1.50 MTPA grinding unit in Bayyavaram, Andhra Pradesh

  • 1 MTPA integrated plant in Jeerabad, near Indore, Madhya Pradesh

  • 1.5 MTPA grinding unit in Jajpur, Orissa

  • 2.25 MTPA integrated plant in Dachepalli, Andhra Pradesh

  • Group captive power generation of ~102.96 MW

Strong financials

  • Net worth increased over 4x in the last 10 years

  • Long term debt rating of IND A/Negative

  • Consistent profits

  • Consistent track record of dividends

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Contacts

Safe Harbour

Certain matters discussed in this communication may contain statements regarding the company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian Economy and of the economies of various International markets, the performance of the Cement Industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the company’s future levels of growth and expansion, technological implementation, changes and advancements, change in revenue, income or cash flows, the company’s market preferences and its exposure to market risks, as well as other risks. The company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this presentation. The Company assumes no obligation to update any forward-looking information contained in this communication. Any forward – looking statements and projections made by third parties included in this communication are not adapted by the company and the company is not responsible for such third party statements and projections

Sagar Cements Limited

CDR India

Gavin Desa

K Prasad Chief Financial Officer [email protected]

[email protected] +91 98206 37649

Suraj Digawalekar

Rajesh Singh Chief Marketing Officer [email protected]

[email protected] +91 98211 94418

J Raja Reddy CS & Chief Compliance Officer [email protected]

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+91 40 2335 1571 / 6572

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