Q4FY2026: Cement Industry Update from Industry Leaders

Leading Indian cement manufacturers project 7-8% growth in FY27, fueled by robust government infrastructure spending, urbanization, and sustained demand in housing and rural sectors. Despite near-term challenges—specifically rising fuel, freight, and supply chain costs linked to West Asian geopoliti

Leading Indian cement manufacturers project 7-8% growth in FY27, fueled by robust government infrastructure spending, urbanization, and sustained demand in housing and rural sectors. Despite near-term challenges—specifically rising fuel, freight, and supply chain costs linked to West Asian geopolitical instability—the industry remains optimistic about medium-term prospects. Key operational data points include: 1. Operating Costs: Power, fuel, and logistics account for 50-55% of total operating expenses. 2. Strategy: Companies are increasing capex and focusing on "premiumisation" to protect margins. 3. Long-term Outlook: Firms are targeting double-digit growth annually, supported by persistent infrastructure demand.

26 May 2026