cement companies: Higher input costs and lower demand may pull cement companies’ margins down
Synopsis
According to some estimates, prices of pet coke and Indonesian coal have shot up 55% to 80% in the past five months. Domestic brokerage IIFL Securities said this may lead to a rise in the operating cost of cement companies by ₹350-400 per tonne.
ET Intelligence Group: Operating profit margins of cement companies may fall 5-6% year-on-year in FY23 due to the high cost of essential inputs such as petroleum coke (pet coke) and coal, increased competition and moderate demand, according to analysts.
According to some estimates, prices of pet coke and Indonesian coal have shot up 55% to 80% in the past five months. Domestic brokerage IIFL Securities said this may lead to a rise in the
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Why ?
![]()
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
![]()
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
![]()
Clean experience with
Minimal Ads![]()
Comment & Engage with ET Prime community ![]()
Exclusive invites to Virtual Events with Industry Leaders ![]()
A trusted team of Journalists & Analysts who can best filter signal from noise
