'Company has today (i.e. on 20th April, 2025)commissioned a Clinker Grinding Unit of 3.40 MTPA by way of…
As filed · SHREE CEMENT LIMITED has informed the Exchange regarding 'Company has today (i.e. on 20th April, 2025)commissioned a Clinker Grinding Unit of 3.40 MTPA by way of brownfield expansion at BalodaBazar, R
What happened
FactSHREE CEMENT LIMITED has informed the Exchange regarding 'Company has today (i.e. on 20th April, 2025)commissioned a Clinker Grinding Unit of 3.40 MTPA by way of brownfield expansion at BalodaBazar, Raipur, Chhattisgarh.'. Phiroze Jeejeebhoy Towers,. commissioned a Clinker Grinding Unit of 3.40 MTPA by way of brownfield expansion at Baloda.
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedFor the first time in my career, I think, I have spoken of a INR400 to INR500 crores capex visibility in next financial year.
total capex I had guided Q4 about INR1,500 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
- 35.4 is what we did last year, and I'm guiding at about 40 this year. (management committed by FY27)
- pan-India, the industry is expected to grow at about 7% to 8%. We hope to catch up with 10%. (management committed by FY27)
Evidence
- SHREE CEMENT LIMITED has informed the Exchange regarding 'Company has today (i.e. on 20th April, 2025)commissioned a Clinker Grinding Unit of 3.40 MTPA by way of brownfield expansion at BalodaBazar, Raipur, Chhattisgarh.'.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- CAPACITY_EXPANSION base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%