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SAGAR CEMENTS LTD.-$ - 502090 - Intimation About The Date Of The Ensuing Annual General Meeting And Intimation Under Regulation 42 Of The SEBI (LODR) Regulations 2015 Regarding Closure Of Transfer Books

 We wish to inform you that we will be holding our 42nd Annual General Meeting (AGM) at 3.00 p.m. on Wednesday, the 28th June 2023 through Video Conference/ Other Audio Visual Means to transact the business as contained in the notice of the said meeting to be sent to our shareholders and others entitled to receive the same in due course. We further wish to inform you that the Register of Members and the Share Transfer Books of our company will remain closed during the period from 21.06.2023 to 28.06.2023 (both days inclusive) for the purpose of determining the shareholders eligible for the dividend proposed to be declared at the said AGM.
24-05-2023
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SAGAR CEMENTS LTD.-$ - 502090 - Intimation About The Date Of The Ensuing Annual General Meeting And Intimation Under Regulation 42 Of The SEBI (LODR) Regulations 2015 Regarding Closure Of Transfer Books

 We wish to inform you that we will be holding our 42nd Annual General Meeting (AGM) at 3.00 p.m. on Wednesday, the 28th June 2023 through Video Conference/ Other Audio Visual Means to transact the business as contained in the notice of the said meeting to be sent to our shareholders and others entitled to receive the same in due course. We further wish to inform you that the Register of Members and the Share Transfer Books of our company will remain closed during the period from 21.06.2023 to 28.06.2023 (both days inclusive) for the purpose of determining the shareholders eligible for the dividend proposed to be declared at the said AGM.
24-05-2023
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SAGAR CEMENTS LTD.-$ - 502090 - Compliances-Reg.24(A)-Annual Secretarial Compliance

 Pursuant to the above said Regulations, we are submitting herewith the Secretarial Compliance Report for the year ended 3i5t March, 2023.
24-05-2023
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Sagar Cements to commission clinker line of ACL soon,to invest 458 crore in upgradation

 Sagar Cements operationalised the grinding side of ACL last month and expects an incremental 1 million for FY24
17-05-2023
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SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

 Pursuant to the above said Regulation, we are forwarding herewith the transcription of the Conference Call held by us on 11th May 2023 in connection with the recently announced audited stand-alone and consolidated financial results for the fourth quarter and year ended 31st March, 2023.
15-05-2023

Hold Sagar Cements; target of Rs 220: Emkay Global Financial

 Emkay Global Financial recommended hold rating on Sagar Cements with a target price of Rs 220 in its research report dated May 11, 2023.
13-05-2023
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SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 Further to our letter dated 8th May, 2023, we provide hereunder the link for the call recorded today at the meeting of the analysts in respect of our audited standalone and consolidated financial results for the fourth quarter and year ended 31st March, 2023.
11-05-2023
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Q4FY23 Quarterly Result Announced for Sagar Cements Ltd.

 Cement & Cement Products company Sagar Cements announced Q4FY23 & FY23 results: Revenue increased by 24% YoY and volume increased by 20% for Q4FY23 Plants operated at around 65% during Q4FY23 Operating EBITDA of Rs 3,886 lakh for Q4FY23 as against Rs 6,109 lakh during Q4FY22 Operating EBITDA of Rs 286 per ton during Q4FY23 EBITDA margin declined by 600 bps to 6% for Q4FY23 (v/s Q4FY22) Other Income includes an amount of Rs 168 crore on redemption of Non-Convertible Debentures held by the subsidiary Profit/(Loss) after tax stood at Rs 9,798 lakh for Q4FY23 v/s PAT of Rs (1,915) lakh during Q4FY22 The Board at its meeting held today has recommended for approval of the shareholders a dividend at Rs 0.70 per equity share of Rs 2 each (35%) on the 13,07,07,548 equity shares of the company. Commenting on the performance, Sreekanth Reddy, Jt. Managing Director of the company said, “We have ended FY23 on a positive note with strong volume growth and moderating raw material prices. Furthermore, the year also marks the milestone of us achieving 10 MnT capacity following the acquisition of Andhra Cements. This acquisition helps us further solidify our position in our core markets and helps us better serve our customers in a cost-effective way. For the quarter, good demand from infrastructure projects and the IHB segment helped sustain high volumes. The volumes would have been even higher but for labour unavailability due to the festive season and unseasonal rains during the end of Q4. Input prices i.e. coal and pet coke as well moderated during the quarter. A benign pricing environment negated the dual benefit of high operating leverage and lower raw material prices. Our efforts toward cost rationalization and efficiency optimization helped us limit the overall impact of the soft pricing environment. Some of our key initiatives in recent years towards containing cost includes building railway sidings, captive power plant, and waste heat recovery system. We are hopeful of seeing the full benefits from these over the coming years. Our efforts are now primarily directed toward ramping up the utilization levels of the recently acquired assets. These assets not only offer us the requisite scale but also help us diversify our geographic and product mix. Over the coming years, as we ramp up the operations and utilization levels across units, we expect significant improvement in the operating and profitability profile of the company. To conclude, our efforts towards cost rationalization, better product mix, and presence across established and faster-growing regions position us well to create value for our stakeholders.” Result PDF
11-05-2023

Sagar Cements stock surges 6% after strong earnings

 The company reported a net profit of Rs 98 crore in March quarter compared to a net loss of Rs 19.15 crore last year. Net consolidated total income stood at Rs 802.58 crore, up 59 percent to Rs 5-6 crore.
11-05-2023
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SAGAR CEMENTS LTD.-$ - 502090 - Press Release Regarding Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2023

 Further to our letter of date, we are sending herewith a copy of the Press Release being issued by us following the announcement of financial results for the quarter and year ended 31st March, 2023
10-05-2023
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