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Earnings Call

JK Cement Earnings Call: Key Takeaways

JK Cement Q1 FY27 standalone revenue grew 21% YoY to ₹3,866 Cr, while EBITDA fell 5% due to higher maintenance and fuel costs. Strategy focuses on aggressive capacity expansion and green energy.

Highlights
MarginsStandalone EBITDA/tonne fell 20% YoY to ₹982 due to cost pressures.
Demand visibilityStrong project pipeline ensuring long-term demand visibility with government capex push.

Growth

Standalone revenue grew 21% YoY; Net sales reached ₹3,786 Cr. Volume growth was robust at 18% for grey cement.

Outlook

Targeting 50 MTPA by FY30. Planned capex of ₹5,000-6,000 Cr over next two years for expansion projects.

Risks

EBITDA margin pressure from abnormally high maintenance activity, increased packaging costs, and pet coke price volatility.

Last quarter's promises, checked

Delivered

  • Guided double-digit volume growth → delivered 18% Grey / 29% White (= BEAT)
  • Guided FY27 Paint revenue ₹500-550Cr → delivered >₹125Cr in Q1 (= BEAT)
  • Guided 8-10% White Cement volume growth → delivered 29% (= BEAT)

Partly delivered

  • Guided FY27 Capex ₹3,500-4,000Cr → current plan raised to ₹5k-6k Cr over two years (= PARTIAL)

Missed

  • Guided unit cost savings of ₹50/ton → delivered EBITDA/ton of ₹982, down 20% YoY (= MISS)
Source

Earnings Call filed with BSE, NSE: JKCEMENT. Summary written with AI assistance from the document.

Read the document ↗

JK Cement Ltd: key numbers

Share price
₹5,000.00
Market cap
₹38,634 Cr
Revenue (annual)
₹13,722 Cr
Net profit (annual)
₹992.5 Cr
P/E (TTM)
40.9×Sector 33.0×
Promoter holding
45.66%+0.00% QoQ
FII holding
16.85%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:12 IST BSE
Debt & Borrowing

JK Cement Debt & Borrowing: ₹14.3 Cr

J.K. Cement Limited successfully paid Rs. 14.30 Crore as interest and principal redemption for its NCDs (ISIN INE823G07219), ensuring timely debt servicing.

Value
₹14.30 Cr