Shri Keshav Cements Board to Review Q2 FY27 Results Nov 12
Key highlights
- Shri Keshav will hold its Q2 FY27 results board meeting on November 12, 2026, at 11:00 AM.
- Standalone March 2026 net sales were ₹47.26 crore, up 22.99% year-on-year.
- Q1 FY27 total income from operations rose 16% year-on-year to ₹47.99 crore.
- Shri Keshav reported a Q1 FY27 standalone net loss of ₹5.17 crore.
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Shri Keshav Cements and Infra Limited is scheduled to review its unaudited Q2 FY27 and first-half FY27 results on November 12, 2026, after standalone March 2026 net sales increased 22.99% year-on-year to ₹47.26 crore. The board meeting is material because investors will receive updated financial and segment-wise revenue data following a loss-making June quarter.
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When will Shri Keshav Cements announce Q2 FY27 results?
Shri Keshav Cements and Infra Limited will hold its board meeting at 11:00 AM on Thursday, November 12, 2026, to consider and approve unaudited financial results for the quarter and half year ended September 30, 2026. The meeting will take place at the company’s registered office in Belagavi.
The company disclosed the meeting under Regulation 29(1)(a) of the SEBI Listing Obligations and Disclosure Requirements Regulations. The stated agenda includes the quarterly and half-yearly financial results as well as segment-wise revenue results. The filing was signed by Venkatesh Katwa, Chairman.
The disclosure identifies the September quarter as Q2 FY27 and the six-month period to September 30 as H1 FY27. It does not provide the expected revenue, profit, cement volume, solar generation, or margin figures. Those operating and financial details will be available only after the board considers the results.
The reported market price in the supplied information was ₹72.79, while the company was classified as a micro-cap business in the Cement & Cement Products industry. For shareholders, the November 12 disclosure will be the next formal financial update after the June-quarter results approved in August.
What is the trading-window restriction for Shri Keshav Cements?
Shri Keshav has closed its trading window from October 1, 2026 until 48 hours after the declaration of the financial results. The restriction applies to directors, designated persons, their immediate relatives, and other persons covered under the company’s code for prevention of insider trading.
The closure is linked to the company’s obligations under the SEBI Prohibition of Insider Trading Regulations, 2015. It is intended to restrict trading by covered persons while unpublished price-sensitive information relating to the September-quarter results may be available internally.
The window is scheduled to reopen 48 hours after the results are declared, with both days included as specified in the disclosure. This is a compliance measure and does not itself indicate the direction or quality of the upcoming results.
How did Shri Keshav Cements perform in the June 2026 quarter?
Shri Keshav reported a standalone net loss of ₹5.17 crore for the quarter ended June 30, 2026, compared with a net profit of ₹3.09 crore in the corresponding quarter a year earlier. Total income from operations rose 16% year-on-year to ₹47.99 crore from ₹41.40 crore, showing that higher revenue did not translate into profitability in the reported quarter.
The company also reported a pre-tax loss of ₹4.22 crore for the June quarter. Its cement segment posted a loss of ₹1.14 crore, which offset gains in the solar energy business according to the disclosed segment commentary. This makes the segment-wise revenue and result details due with the September-quarter announcement particularly relevant.
The June-quarter financial statements received a qualified conclusion from independent auditors Singhi & Co. The supplied information does not set out the basis of that qualification. Investors assessing the next filing will need to review the limited review report released with the September-quarter results for the auditor’s observations and any updated disclosures.
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What do the company’s earlier sales figures show?
Shri Keshav’s standalone net sales for the March 2026 period were ₹47.26 crore, up 22.99% year-on-year. The company also stated in August that FY26 revenue had reached a record high, although the supplied information does not provide the full-year revenue figure.
The available numbers show a mixed recent picture. March-period sales growth and the 16% rise in June-quarter operating income point to a higher top line, but the June-quarter loss shows that revenue growth alone did not protect earnings. The company’s Q1 FY27 results were considered and approved at a board meeting held on August 14, 2026.
Shri Keshav operates in the cement and cement products sector while also reporting a solar energy business. The segment-wise disclosure on November 12 will help separate the contribution of these operations and show whether the cement segment’s June-quarter loss persisted into the September quarter.
Why do the September-quarter results matter to investors?
The September-quarter results matter because they will provide the first update after Shri Keshav moved from a ₹3.09 crore profit in the prior-year June quarter to a ₹5.17 crore loss in Q1 FY27. The results will show whether the company’s higher operating income has been accompanied by a change in profitability during the subsequent quarter.
The release is also relevant for investors tracking the cement business separately from solar energy operations. The company has specifically said it will approve segment-wise revenue results, allowing market participants to assess the disclosed segments using the company’s own financial presentation rather than relying only on consolidated top-line changes.
The BSE-listed company’s announcement does not contain guidance, targets, or a forecast for the September quarter. Therefore, the key confirmed near-term event is the board’s consideration of the unaudited Q2 and H1 FY27 financial results, along with the accompanying limited review documentation.
Conclusion
Shri Keshav’s November 12 board meeting will bring the company’s Q2 FY27 and H1 FY27 financial update after a June quarter in which operating income rose but the company reported a net loss. The disclosed March-period sales growth of 22.99% provides useful context, while the June-quarter cement segment loss and qualified auditor conclusion underline the importance of the detailed filing.
The next point to watch is the company’s formal announcement after the 11:00 AM board meeting, including the unaudited financial statements, segment-wise revenue results, and limited review report for the period ended September 30, 2026. The trading window is set to reopen 48 hours after the declaration of results.


