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Nirmal Bang Report
We hosted Sagar Cements Ltd. management for a call to understand the company's future prospects and industry dynamics in the near to medium term. Key takeaways -
For the company, April 2020 was a complete washout and the company lit up first kiln on May 03, 2020 even though the government had given orders to open up a week earlier.
While plant operations were smooth, the company faced logistics issues initially in May 2020.
However, it soon started clocking 170-180k million tonne every month. The demand started coming back to normalcy from June onwards and improved every month thereafter.
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