Cement demand to grow 6-7.5% in FY26 amid recovery in infrastructure and housing: Report
New Delhi [India], June 3 (ANI): The Indian cement industry is likely to see a demand growth of 6 to 7.5 per cent in the current financial year (FY26), according to a report by Systematix Research.
The report highlighted that with consolidation-led discipline taking hold and strong momentum in infrastructure and housing sectors, the industry is entering a more stable and profitable phase.
It said, 'With consolidation-led discipline settling in and momentum building in infrastructure and housing, industry demand is expected to grow by 6-7.5 per cent in FY26'.
The report noted that the sector exited FY25 on a stronger footing. The last quarter of the previous financial year saw a visible recovery in both demand and pricing after a slow first half. Increased government capital expenditure towards the end of FY25 helped revive construction activity in major markets.
The report said 'Cement volume for companies under our coverage grew by 11 per cent after a slow H1 due to an upswing in commercial activity and a ramp-up in government execution. In FY25, the cement industry ended with a capacity of about 655 MTPA (+4.8 per cent YoY).
This also supported price hikes, which were partially absorbed in regions like the East and North.
In May 2025, the report added that the cement companies attempted price hikes across different regions, ranging from Rs 5 to Rs 10 per bag.
However, due to weak demand in several areas, the absorption of these hikes remained limited. Regional factors such as early monsoons and heat waves played a key role in affecting demand.
In the East, demand dropped sharply due to early monsoons, but prices still rose by Rs 46 per bag. The South faced flat demand conditions as heat waves impacted construction activities.
As a result, price hikes in the region are expected to be postponed to the second quarter of FY26, since the fourth quarter remained muted.
Meanwhile, the report mentioned that central India recorded a modest hike of Rs 2 per bag, and Northern markets saw better traction, with prices increasing by Rs 20-30 per bag.
Despite these regional challenges, the average cement price across India rose 1.6 per cent month-on-month in May 2025, reaching Rs 367 per bag.
The industry also benefited from a favourable cost environment and improving capacity utilisation, further supporting a positive outlook for FY26. (ANI)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
7 minutes ago
- News18
NSE IPO: SEBI Chief Reaffirms Clearance, Says Demerger Not A Condition
Last Updated: Meanwhile, shares of the National Stock Exchange (NSE) in the unlisted market surged to a record high of Rs 2,300 in recent times. NSE IPO: The Securities and Exchange Board of India (SEBI) chief Tuhin Kanta Pandey reiterated that there will be no hurdle now for the National Stock Exchange (NSE) to launch its long-awaited Initial Public Offering (IPO). In an event at CFO awards in Mumbai, he told that there is no obstacle that will remain in case of NSE-IPO. Pandey clarified that the demerger of clearing corporations before the NSE IPO is not an obstacle. 'That particular thing is not really an obstacle in terms of an IPO process," he stated. He added that the consultation paper on the demerger reflects the regulator's thoughts and is not a final policy decision. Further commenting on NSE, Pandey said, 'I think they are resolving all the issues. There are some legal settlements and other matters, which will require some payments and the withdrawal of certain cases." Unlisted Shares' Price Touching Record High Meanwhile, shares of the National Stock Exchange (NSE) in the unlisted market surged to a record high of Rs 2,300 in recent times after reports surfaced indicating SEBI's relaxation on hurdles. Experts said NSE's share price in the unlisted market has jumped to Rs 2,300, pushing its market cap to around Rs 5.69 lakh crore—an all-time high on May 28th. Earlier, The National Stock Exchange (NSE) had clarified that it has not approached the Ministry of Finance regarding its long-pending Initial Public Offering (IPO), contrary to a recent media report. First Published:
India.com
14 minutes ago
- India.com
Meet the Farmer's Daughter Who Cracked UPSC in Her Second Attempt With AIR…. And Said No to ‘Kanyadaan' at Wedding- Know All About Her Inspiring Story
photoDetails english 2919898 Updated:Jun 22, 2025, 11:34 AM IST Who is Tapasya Parihar? 1 / 9 Tapasya Parihar from Narsinghpur, Madhya Pradesh. She secured All India Rank 23 in the UPSC Civil Services Exam 2017. What made her achievement even more remarkable was that she accomplished this feat without joining any coaching institute, relying entirely on self-study and personal discipline. Her Earlier Academic Journey 2 / 9 Tapasya was hard working and a good student since childhood. She completed her schooling from the Kendriya Vidyalaya and after completing the class 12th, she went to ILS (Indian Law Society's Law College in Pune. UPSC 3 / 9 The UPSC Civil Services Exam is one of the most esteemed competitive exams in India, conducted by the Union Public Service Commission to recruit candidates for top administrative roles like IAS, IPS, and IFS. The examination process includes three stages, which includes, Preliminary, Mains, and Interview that evaluates candidates on their general knowledge, analytical ability, and overall personality. Her First Attempt? 4 / 9 After completing her graduation in Law, she appeared for the one the toughest exams in India, UPSC. She took coaching but she couldn't clear the preliminary examination in her first attempt but failure didn't break her spirits and passion. Turning To Self Study 5 / 9 After failing in her first attempt, she decided to change her strategy, left her coaching and switched to self-preparation. She focused more on mock paper and current affairs. Changing her strategies helped her a lot. Becoming IAS 6 / 9 All of her hard work and sacrifice paid off when she cleared the UPSC Civil Service Examination (CSE) in 2017 with All India Rank of 23 and became Indian Administrative Service (IAS) Officer in Bihar Cadre. Her Family 7 / 9 Tapasya is from a very normal family, when she told her about her dream of becoming an IAS, they supported her a lot. Her father, Vishwas Parihar is a farmer in his hometown and her uncle is a social worker. Her grandmother has been the president of the district Panchayat of Narsinghpur. Her Marriage and Her Stand Against Norms 8 / 9 She is married to an Indian Foreign Service Officer (IFS) named Garvit Gangwar and during her wedding, Tapasya chose to reject the 'Kanyadaan' ritual, and told her father that she does not see herself as something to be given away. Tapasya As An Inspiration 9 / 9 Tapasya's journey is inspirational for millions of aspirants across India. She shows that failure is not the end and giving up is not an option. Her story proves that self-discipline and determination can lead to extraordinary success.
India Gazette
16 minutes ago
- India Gazette
India's agrochemical exports set for moderate rebound in FY25: Rubix report
New Delhi [India], June 22 (ANI): India's agrochemical exports are expected to moderately rebound in the Financial Year 2025, with improving demand and inventory normalisation, according to an industry report by Rubix, which analyses industry data and trends. India's agrochemical exports declined sharply in FY2024, by nearly 22 per cent compared to the previous year, primarily due to global inventory destocking, heightened price competition from China, and subdued demand in key export markets. The report says that distributors worldwide reduced procurement to manage excess stock amid falling prices. At the same time, Chinese suppliers re-entered the market with aggressively priced products, making Indian exports less competitive. Additionally, erratic weather patterns impacted agricultural activity in importing countries, further dampening demand. However, exports are expected to recover in the coming years as global inventories stabilise, demand picks up with improved agricultural cycles, and Indian manufacturers adapt with cost-efficient production and diversified portfolios. As a result, the trade surplus (difference between exports and imports) came down from USD 3.6 billion in FY2023 and USD 2.8 billion in FY2024 to USD 2.3 billion in FY2025 (April 2024- February 2025). Highlighting the factors that support exports, the report added that herbicides have emerged as the leading export segment, experiencing the fastest growth at 20 per cent CAGR from FY2020 to FY2025. The share of herbicides in total agrochemical exports increased from 31 per cent to 37 per cent during the same timeframe. As per the report, this growth is driven by India's cost-effective manufacturing, rising global demand for affordable herbicides, and the increasing scarcity and cost of agricultural labour, making herbicide-based weed control a more viable choice for farmers. The export landscape reveals a growing concentration in key markets, as the top five export destinations account for more than 50 per cent share for insecticides and fungicides and nearly 71 per cent for herbicides. Notably, the US and Brazil have maintained their positions as the top export destinations for insecticides and fungicides over the past five years. However, in FY2025, Japan displaced Brazil as the second-largest export destination for herbicides. (ANI)
