Monsoon Slows Building Material Demand, but 19% Capex Growth Signals FY27 Recovery

July construction demand slowed due to monsoon rains, but higher government capex could support a stronger building material recovery.

Cement Makers Set to Regain Decadal Average Profitability in FY26

Rural housing demand and price recovery are expected to help India’s cement industry regain decadal average profitability in FY26, with improved cash flows and stable credit outlook.