Shri Keshav Cements & Infra Ltd · BSE:SKCIL
Shri Keshav Cements & Infra — Q2 & H1 FY26 Earnings Presentation
39 slides from Shri Keshav Cements & Infra's earnings presentation, Nov 14, 2025
Slide 1: Cover letter to BSE for Investor Presentation
Date: 14/11/2025 To, The General Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Dear Sir, Sub: Investor Presentation for the Quarter/Half Year Ended 30/09/2025. Ref: Scrip Code: 530977 Scrip Name: SHRI KESHAV CEMENTS AND INFRA LIMITE
Slide 2: Shri Keshav Cements & Infra Limited Q2 & H1 FY26
SHRI KESHAV CEMENTS & INFRA LIMITED Q2 & H1 FY26 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shri Keshav Cements & Infra Limited (SKCIL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Q2 & H1 FY26 Result Highlights
Q2 & H1 FY26 RESULT HIGHLIGHTS
Slide 5: Management Commentary On Q2 & H1 FY26 Financial Result
Management Commentary On Q2 & H1 FY26 Financial Result SHRI VENKATESH KATWA (EXECUTIVE DIRECTOR AND CHAIRMAN) “Q2 FY26 delivered strong momentum with Total Income rising to ₹36.22 Cr, up 42.81% YoY, driven primarily by the cement segment which continued to anchor overall performance. Improved dispat
Slide 6: Q2 FY26 Key Financial Highlights
Q2 FY26 Key Financial Highlights In ₹ Cr Particulars Q2 FY26 Q2 FY25 YoY Revenues 35.41 24.48 Other Income 0.81 0.88 Total Income 36.22 25.36 42.81% Raw Material costs 19.73 16.17 Employee costs 1.64 1.61 Other expenses 5.66 3.66 Total Expenditure 27.04 21.44 EBITDA 8.38 3.04 175.11% EBIDTA(%) 23.65
Slide 7: H1 FY26 Key Financial Highlights
H1 FY26 Key Financial Highlights In ₹ Cr Particulars H1 FY26 H1 FY25 YoY Revenues 76.12 54.92 Other Income 1.50 1.68 Total Income 77.62 56.60 37.14% Raw Material costs 42.32 33.61 Employee costs 3.31 2.97 Other expenses 11.70 7.23 Total Expenditure 57.34 43.81 EBITDA 18.78 11.11 69.03% EBIDTA(%) 24.
Slide 8: FY25 Key Financial Highlights
FY25 Key Financial Highlights In ₹ Cr Particulars FY25 FY24 YoY Revenues 121.45 126.45 Other Income 3.15 2.54 Total Income 124.60 128.99 -3.40% Raw Material costs 73.03 70.25 Employee costs 6.10 3.72 Other expenses 17.15 13.56 Total Expenditure 96.28 87.53 EBITDA 25.17 38.91 -35.31% EBIDTA(%) 20.73%
Slide 9: Company Overview
Keshav COMPANY OVERVIEW
Slide 10: Shri Keshav Cement @ A Glance
Shri Keshav Cement @ A Glance MISSION VISION “ To Provide Quality Cement with “ Grow and continue to modernize Timely Delivery” every year” Incorporated in the year 1993 Shri Keshav Cement & Infra Limited (SKCIL), formerly Katwa Udyog Limited, is engaged in the manufacturing of Cement and Solar Powe
Slide 11: Recognized for Excellence: Our Certifications
Recognized for Excellence: Our Certifications ISO 9001:2015 ISO 14001:2015 ISO 45001:2018 Investor Presentation 10
Slide 12: Company Journey
Company Journey Added another 3 Purchased 20 Tons Capex - Added another MW solar plant Increased the Raised Capital per Day Cement(TPD) Increased Grind 12 MW solar capacity At Capacity to through Rights plant in Public Capacity to plant - Cap Cost Biserahalli, 450TPD Issue - ₹ 28 Cr Auction 150TPD ₹
Slide 13: Competitive Strengths
Competitive Strengths Low cost of Production due to Proven and experienced installation of solar power plant management team Strong sales and Strategic location of our marketing network manufacturing facility Popular brand in regional market Investor Presentation 12
Slide 14: Management Team
Management Team SHRI VENKATESH KATWA (EXECUTIVE DIRECTOR AND CHAIRMAN) o Aged 51, is a graduate MBA from the University of Oklahoma, USA. o He has a wide experience in Cement industry along with International Business and Healthcare Service Automations. o He is responsible for executing projects of
Slide 15: Business Overview
Keshav BUSINESS OVERVIEW
Slide 16: Products & End Usage
Products & End Usage CEMENT IS DESIGNED WITH CHEMICAL AND PHYSICAL ORDINARY PORTLAND CEMENT CHARACTERISTICS TO CONSTRUCT ANY OF THE 53 GRADE OPC FOLLOWING: This grade of cement is widely used in plain and reinforced cement concrete, masonry and plastering, for bridge piers, pre- stressed girders and
Slide 17: Strategically Located Plants With Proximity To Markets & Raw Materials
Strategically Located Plants With Proximity To Markets & Raw Materials With modern instrumentation technology such as Electronic weigh feeders, Centralized control systems and one point control process, the product achieved is constant and superior. Due to availability and usage of high CaO content
Slide 18: Direct Marketing To Target Groups
Direct Marketing To Target Groups SKCIL’s Marketing strategy is based on relationship management and continuous meetings with local Dealers, Builders and Engineers Investor Presentation 17
Slide 19: Solar Power Plant
Solar Power Plant SINCE APRIL 2018, SKCIL MEETING 100% OF ENERGY REQUIREMENTS THROUGH RENEWABLE SOLAR ENERGY. 40 MW SOLAR PLANT SITUATED HELP IN POWER COST 14 MW USED FOR 26 MW SOLD IN THE CAPACITY SOLAR POWER AT KOPPAL, KARNATAKA REDUCTION BY 75% CAPTIVE CONSUMPTION MARKET PLANT The Company is cont
Slide 20: Capacity Utilization
Capacity Utilization CEMENT FY23 FY24 FY25 Installed Capacity (TPPA) 3,63,000 3,63,000 3,63,000 Utilization levels 63% 67% 70.62% SOLAR FY23 FY24 FY25 Installed Capacity (MWH PA) 32 40 40 Utilization levels 99% 100% 100% Investor Presentation 19
Slide 21: Business Segment Wise Revenue Breakup
Business Segment Wise Revenue Breakup 350 600+ 14 CEMENT SOLAR POWER DISTRIBUTORS RETAIL SALES POINT CONSUMERS TOP CLIENT CONTRIBUTION INCREASING 71.40% 45.00 80.00% 40.00 70.00% 35.00 60.00% 30.00 45.00% 50.00% 25.00 42.47 31.92% 36.29% 27.41% 40.00% 20.00 30.00% 15.00 23.37 26.01 20.00% 10.00 21.9
Slide 22: Industry Overview
Keshav INDUSTRY OVERVIEW
Slide 23: Indian Cement Industry Outlook
Indian Cement Industry Outlook Cement Capacity Additions Indian cement demand is projected to grow by 6-7% in FY25. India is the second-largest cement producer in the world and accounts for over 40 8% of the global installed capacity. Of the total capacity, 98% lies with the private sector and the r
Slide 24: Indian Cement Industry
Indian Cement Industry MARKET SIZE OF INDIA CEMENT INDUSTRY INSTALLED CAPACITY & KEY MARKETS IN EACH OF THE GEOGRAPHIC REGIONS 603 Central (Uttar Pradesh, North (Rajasthan, Madhya Pradesh) Punjab, Haryana) 68.91 MTPA 93.5 MTPA 442 West (Gujarat, East (West Bengal, Maharashtra) Chhattisgarh, Odisha,
Slide 25: Cement Production & Consumption In India
Cement Production & Consumption In India CEMENT PRODUCTION IN INDIA (MILLION TONNES) CEMENT CONSUMPTION IN INDIA (MILLION TONNES) 451 400 500 451 375 351 375 450 328 350 325 351 400 328 327 300 285 285 350 288 271 267 285 274 270 250 300 250 200 451 200 150 150 100 100 50 50 0 0 FY16 FY17 FY18 FY19
Slide 26: Growth Drivers & Opportunities
Growth Drivers & Opportunities The demand of Cement industry is expected to achieve 550 - 600 million tonnes per annum constantly by 2025 because of the expanding requests of different divisions i.e. housing, commercial construction and industrial construction. HOUSINGProblem AND REAL ESTATE Problem
Slide 27: Last 5 Quarters Performance
Last 5 Quarters Performance In ₹ Cr Particulars Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Revenue 35.41 40.71 38.43 28.10 24.48 Other operating income 0.81 0.69 0.53 0.94 0.88 Total Income 36.22 41.40 38.96 29.04 25.36 Raw material Consumed 19.73 22.59 23.16 16.27 16.17 Employee Cost 1.64 1.67 1.66 1.
Slide 28: Financial Overview
Keshav FINANCIAL OVERVIEW
Slide 29: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY25 FY24 FY23 Revenues 121.45 126.45 123.24 Other Income 3.15 2.54 2.13 Total Income 124.60 128.99 125.37 Raw Material costs 73.03 70.25 70.72 Employee costs 6.10 3.72 4.08 Other expenses 17.15 13.56 13.93 Total Expenditure 96.28 87.53 88.21 EBITDA 25.17
Slide 30: Balance Sheet
Balance Sheet In ₹ Cr In ₹ Cr Equities & Liabilities FY25 FY24 FY23 Assets FY25 FY24 FY23 Equity 17.51 17.51 12.00 Non Current Assets Reserves 78.75 84.96 36.63 Fixed assets 334.76 270.42 213.22 Net Worth 96.26 102.47 48.63 Non-current investments 0.04 0.04 0.02 Non-current Liabilities Other Non-Cur
Slide 31: Key Financial Highlights
Key Financial Highlights (In ₹ Cr) EBITDA & EBITDA Margin (%) (In ₹ Cr) (In ₹ Cr) Total Income Operating Cash Flow 55 40.00% 33.37 128.99 45 30.15% 30.77% 35.00% 32.04 30.00% 35 20.73% 25.00% 125.37 25 20.00% 28.82 124.60 15.00% 15 10.00% 5 37.15 38.91 25.17 5.00% -5 FY23 FY24 FY25 0.00% FY 23 FY24
Slide 32: The Way Forward
Keshav THE WAY FORWARD
Slide 33: Project Successfully Completed
Project Successfully Completed The new kiln Commenced operations in March 2025 Investor Presentation 32
Slide 34: Fund Raise For Cement Plant Expansion & Modernization
Fund Raise For Cement Plant Expansion & Modernization Equity Share - Preferential Basis Name of Allottee Amount (In ₹ Cr) Total Amount of Fund Raised – ₹ 45.98 Cr (Inclusive of warrants converted into equity shares) Private Investors 45.98 The entire fundraise of ₹45.98 Cr was sourced from the publi
Slide 35: Expansion Will Increase Capacity With Huge Cost Savings
Expansion Will Increase Capacity With Huge Cost Savings Sr No Problem Solution Result PH designed for 1200 TPD with higher heat Low Production and inefficient use of machinery. Install high efficiency PH Cyclones with Inline retention in a calciner to use maximum heat 1 Results in higher Fixed Cost
Slide 36: SWOT Analysis
SWOT Analysis STRENGTH WEAKNESS • Experienced management team Restricted regional presence • Strategic location of the manufacturing facility – proximity to raw material and no major regional competition (only two other companies have plant set up) • Strong brand presence in Tier III market region •
Slide 37: Stock Data
100.00 150.00 200.00 250.00 300.00 350.00 50.00 0.00 01-01-2020 01-02-2020 01-03-2020 29.00 01-04-2020 01-05-2020 Investor Presentation Face Value (₹) 01-06-2020 01-07-2020 Share Price (₹) 01-08-2020 01-09-2020 Stock Data 01-10-2020 52-week High-Low (₹) 01-11-2020 01-12-2020 01-01-2021 No. of Shares
Slide 38: Investment Rationale
Investment Rationale Additional 3MW Solar Power Expansion The company has received government approval for an additional 3MW of solar power generation, bringing the total capacity of its solar power plant to 40MW. Solar Power Drives Major Profit A significant portion of the company's profits comes f
Slide 39: Thank You
THANK YOU Shri Keshav Cement Infra Limited 215/2, 'Jyoti Tower', 6th Cross, Nazar Camp Karbhar Galli, Madhavpur Vadgaon, Belagavi – 590 005 Karnataka Tel.: 09108009041 Website: www.keshavcement.com Email: info@keshavcement.com Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Th
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