Shree Cements' will announce its Q1FY21 numbers on Monday amid the sector suffering from the demand slowdown due to the novel coronavirus induced lockdown.
Here's what the street is expecting from the cement major on the earnings front today:
- Key Expectations
Volumes to drop 20% YoY vs 30%+ for the overall industry.
Volumes to decline due to favourable North/East market.
Volumes to drop die to no exposure to demand-hit South market.
Realisations expected to raise approx 2% (YoY).
- EBITDA Margins Factors
Lower volumes will increase fixed costs.
Falling P&F costs led by a correction in petcoke prices.