Sahyadri Industries Extends Commercial Operation Date to March 2026

Sahyadri Industries Limited has extended the completion timeline for its acquisition and commercial operations to March 31, 2026, citing delays in project execution by Emerge Solar One Private Limited. The company has informed BSE and NSE about this revised timeline following previous communications regarding the project's progress.

Sahyadri Industries Reports 18.3% Revenue Growth in Q2FY26 Despite Margin Pressures

Sahyadri Industries Limited reported total income growth of 18.3% year-on-year to Rs 126.3 crores in Q2FY26, with profit after tax surging 40.4% to Rs 2.7 crores. The company experienced margin pressures due to a stronger US dollar leading to higher imported fiber costs and delayed monsoon withdrawal affecting sales. EBITDA remained flat at Rs 10.3 crores with margins declining to 8.2% from 9.6% in the previous year. For H1FY26, total income grew 5.5% to Rs 342.4 crores while PAT decreased 6.5% to Rs 13.5 crores. Capacity utilization stood at 73% for H1FY26. The company is expanding with new manufacturing units in Orissa for asbestos corrugated sheets (Rs 95 crores capex) and Maharashtra for non-asbestos cement boards (Rs 95 crores capex). Sahyadri operates 5 plants across 4 states with a distribution network of 3,000+ dealers and has served 1 million customers across 54 countries.

Sahyadri Industries Reports Quarterly Financial Results and Expansion Plans

Sahyadri Industries Limited announced its unaudited financial results for the quarter ended September 30, 2025. The company reported total income of Rs 126.34 crores compared to Rs 106.81 crores in the previous quarter. Net profit stood at Rs 2.71 crores versus Rs 10.75 crores in the prior quarter. Earnings per share decreased to Rs 2.48 from Rs 9.84 in the previous quarter. The company operates in two segments: Building Material and Power Generation. Sahyadri Industries is expanding operations with a new unit in Odisha for manufacturing Asbestos Corrugated Sheets with capacity of 1,20,000 MT, and another unit in Maharashtra for Non Asbestos Cement Boards with capacity of 72,000 MT. Land acquisition for the Maharashtra facility is in process. The results were reviewed by the Audit Committee and approved by the Board of Directors.

Sahyadri Industries Reports Mixed Q1 Results with Revenue Decline and Margin Pressure

Sahyadri Industries Limited, an asbestos-based roofing manufacturer, reported total income of Rs. 216.1 crores for Q1, down 0.8% year-over-year but up 41.6% quarter-over-quarter. EBITDA declined 12.7% annually to Rs. 21.7 crores with margins compressing to 10.1% from 11.4% in the previous year. Profit after tax fell 13.8% year-over-year to Rs. 10.8 crores. The company improved capacity utilization to 93% from 89% in the prior year quarter, though sales were impacted by early monsoon and subdued roofing demand. The company faces challenges from elevated input costs for imported asbestos fiber, supply chain disruptions, and currency depreciation. Management plans a Rs. 100 crore capacity expansion in Palghar expected to add Rs. 125 crores to revenue, with completion now targeted for Q4 FY'27. The company anticipates 8-10% topline growth for FY'26 with improving margins compared to FY'25.

Sahyadri Industries Reports Q1FY26 Results with Total Income of ₹216.1 Crore

Sahyadri Industries Limited reported total income of ₹216.1 crore for Q1FY26, declining 0.8% year-over-year but increasing 41.6% quarter-over-quarter. EBITDA stood at ₹21.7 crore with a margin of 10.1%, down 12.7% year-over-year but up 56.7% quarter-over-quarter. Profit after tax was ₹10.8 crore, declining 13.8% year-over-year but surging 152.2% quarter-over-quarter. Managing Director Satyen Patel noted the performance was affected by weak demand and pricing pressures. Capacity utilization improved to 93% in Q1FY26 from 89% in Q1FY25. The company operates as a building solutions pioneer offering roofing and interior/exterior building systems. Sahyadri is expanding with two new manufacturing units - one in Orissa for asbestos corrugated sheets (120,000 MTPA capacity) and another in Maharashtra for non-asbestos cement boards (72,000 MTPA capacity), each requiring ₹95 crore investment.