Sagar Cements share price today

Sagar Cements Ltd's share price was ₹133.15 at the close on 4 November 2026. It has been falling for 48 weeks. That is 22.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹122 and ₹223, and at that close it sat 11% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sagar Cements Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 23 weeks running.

Over the last 11 years the share price moved +75% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 6 quarters in a row and operating margin down 3 points on a year earlier.

1. Revenue up on a year earlier for 6 quarters in a row

   In the September 2026 quarter revenue was ₹705 crore, +17.1% on a year earlier.

2. Operating margin down 3 points on a year earlier

   6% in the September 2026 quarter, from 9%.

For July to September 2026 (the quarter ended 30 September 2026), Sagar Cements reported revenue of ₹705 crore, up 17.1% from ₹602 crore a year earlier, and a loss of ₹52.0 crore.

Sagar Cements results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 28 July 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Sagar Cements closed at ₹133.15 on 4 November 2026, down 40.4% from ₹223.35 a year earlier (7 November 2025) and down 51.7% over five years. Its highest weekly close since March 2016 was ₹302.81 on 6 August 2021.

Sagar Cements share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Sagar Cements closed at ₹133.15, up 8.9% on the week and down 11.5% on the month. Results for July to September 2026: Revenue up 17.1% on a year earlier.

Earlier

• 28 Jul 2026: Sagar Cements held its results call for April to June 2026. Management guided: FY27 cement sales volume of approximately 7 million tons, excluding clinker sales.

Sagar Cements paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹0.70 a share, ex-date 19 June 2024.

Sagar Cements dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. Sagar Cements Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 9 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 28 July 2026, Sagar Cements' management guided: FY27 cement sales volume of approximately 7 million tons, excluding clinker sales.

“What we indicated and remain committed to is around Rs 500-550 EBITDA per ton. I think it is doable because we expect prices to remain stable.”Srikanth Reddy, Joint Managing Director, on the call for April to June 2026

What management guided

• FY28 volume growth expected at a similar double-digit percentage to FY27.
• FY27 operating profit per ton of ₹500-550.
• Q2 fuel, raw material and miscellaneous costs expected to rise ₹100 per ton, split between ₹50 power and fuel and ₹50 other costs; maintenance and inventory costs will also be higher.
• Input cost pressure expected to gradually ease as geopolitical conditions normalize.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Sagar Cements reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q2 cement volumes should remain broadly intact despite Mattampally and Jeerabad shutdowns; track the trajectory against the FY27 goal of 7 million tons.

Sagar Cements is on one of our India lists: 52 week high & low.

Sagar Cements Ltd posted a net loss of ₹52.0 Cr in the Sep 2026 quarter. The full FY26 year was a loss of ₹1.0 Cr. That loss is 7.4% of the quarter's revenue. The same quarter a year earlier lost ₹44.0 Cr. 9 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Sagar Cements Ltd reported ₹705 Cr of revenue in the Sep 2026 quarter, +17.1% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown 13.4% a year on average. The last full year, FY26, came in at ₹2,650 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,789 Cr.

FY26 revenue was ₹2,650 Cr, +17.4% on the year before.

Recent pace: the last four quarters grew +11.7% on average, against 13.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.8%, against +7.5% a year over the last 8 quarters (accelerating).

Sagar Cements Ltd's operating margin was 6.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 6.0% and 29.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.1 percentage points on the year while gross margin changed +0.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 253% of Sagar Cements Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹216 Cr of operating cash against −₹1.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹353 Cr of spending on assets, free cash was −₹137 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 253% of profit came in as cash: the cash cycle got 140 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Sagar Cements Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 7 days in FY26, up from −133 days in FY21. It spent ₹1,138 Cr on assets over the last 3 years. Customers take 31 days to pay, and stock sits for 227 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,650 Cr, each day of that cycle ties up about ₹7.3 Cr, so roughly ₹51.0 Cr is tied up in the business at any time.

FY26: customers took 31 days to pay and stock sat for 227 days, about 7.5 months of sales sitting as stock, for a full cycle of 7 days, longer than FY21's −133.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 227 days. Customers pay about 31 days after that. Suppliers are paid at 251 days. Together that makes the 7-day cycle.

Spending on assets: ₹1,138 Cr over the last 3 years, against ₹685 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹116 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Sagar Cements Ltd's P/E is 127.5×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 34.4×, over 7.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.