Shree Cement: No Buyback, But Dividend Hike & Strong Q4 Expected, Says HM Bangur

• Shree Cement will not pursue a share buyback but plans a slight dividend increase, with Q4 results expected to be encouraging.
• Chairman HM Bangur anticipates Shree Cement's volume growth to reach 10% by FY27, exceeding the industry average, provided the market grows at 8%.
• The company has successfully shifted strategy, now achieving both value and volume after previously prioritizing value.
• Net profit for Oct-Dec 2025 quarter surged 37.9% year-on-year to ₹266.7 crore.
• The pricing gap with competitors has narrowed significantly, and volumes are recovering, leading to an optimistic outlook for Q4.