Ultratech Cement S/Gdr (UCLQF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to the Ultratech Cement Limited Q2FY26 earnings conference call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star and then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Atul Daga. Chief Financial Officer, thank you and over to you, sir. Thank you. Good evening, everyone, and welcome to the earnings call of AlterTech Cement for the quarter ended September 25. I realize it is a Saturday and for those who are attending the call, a sincere thanks for taking time out on your weekend. Let me straight jump into the nitty gritties. Firstly, demand. I think it is very important to note that we have sold more than 31 million tons of cement this quarter when rain gods have been in full fury till almost a few days ago. On ground, things are looking up, looking better for premium cement all the more. We will talk about it in a bit. Ultratech is a very large company. We operate almost 75 physical locations, 400 plus RMC plants. And in that phase of rapid growth, the sales volumes growth will be a little complex to understand for three or four quarters. If we were to look at our sales volumes without ICL and Kesaram in the base for the last year because we were not managing them, we have grown 22.3%. Without considering India Cements in our base for the last quarter, we have recorded a growth of 9.6%. With both ICL and Kesaram cement assets in the base, we have grown about 6.8%. India Cements has already declared its results yesterday with a growth of 6%. Most ...