| Revenue growth | Standalone +26% YoY; consolidated +24% YoY |
|---|---|
| Margins | EBITDA margin 14.2% vs 15.9% YoY; down 2.7ppt QoQ |
| Demand visibility | Grey volume +21% YoY; QoQ down on seasonality |
Growth
Standalone revenue from operations +26% YoY; grey volume 5.37 MT (+21%), white 0.49 MT (+13%). EBITDA/tonne ₹852 (-6% YoY).
Outlook
7 MTPA Jaisalmer, Bikaner and Bhatinda units due H1 FY28; 11 MTPA brownfield next leg; 50 MTPA by FY30.
Risks
Pet coke $164/MT (vs $110 Jul-25), fuel cost ₹857/MT (+8% YoY), opex deleverage, and weak cost pass-through. Iran war hit UAE white volumes.
Last quarter's promises, checked
Delivered
- Nathdwara putty commissioning guided Q2 → commissioned 12 Aug (= BEAT)
- No monsoon price drop guided → realisation ₹4,958→₹4,963/t (= BEAT)
- Double-digit volume growth guided → Q2 grey +21% (= BEAT)
Partly delivered
- FY27 paint ₹500–550cr guided → Q1 ₹125cr, Q2 ₹116cr (= PARTIAL)
- FY27 capex ~₹3,500cr guided → ₹1,831cr YTD (= PARTIAL)
Missed
- Q2 cost +₹150/t guided → EBITDA/t ₹982→₹852 (= MISS)
Investor Presentation filed with BSE, NSE: JKCEMENT. Summary written with AI assistance from the document.
JK Cement Ltd: key numbers
- Share price
- ₹4,986.00
- Market cap
- ₹38,526 Cr
- Revenue (annual)
- ₹13,722 Cr
- Net profit (annual)
- ₹992.5 Cr
- P/E (TTM)
- 40.2×Sector 31.3×
- Promoter holding
- 45.66%+0.00% QoQ
- FII holding
- 18.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JK Cement Ltd
All →JK Cement Earnings Call Transcript: Key Takeaways
Q2 FY27 standalone revenue ₹3,595 Cr (+26% YoY), EBITDA ₹500 Cr (+14%), margin 14.2% (down 1.7ppt YoY). PAT ₹190 Cr (+8%). Grey volume up 21%.
JK Cement Board Meeting Outcome
JK Cement's board approved appointing Price Waterhouse Chartered Accountants LLP as statutory auditor for 60 months. The appointment takes effect from 30 September 2027.
- Execution
- 60 months, effective from 2027-09-30
JK Cement Capacity Expansion: ₹130 Cr Investment
JK Cement's board approved a 75,000 KLPA capacity addition at subsidiary JK Maxx Paints, costing Rs 130 Crore. Completion is expected within 12 months of construction start.
- Value
- ₹130.0 Cr
- Execution
- 12 months (from the start of construction)
- paints manufacturing capacity
- 75000.0 KLPA
JK Cement Other Announcement
J. K. Cement's board appointed Price Waterhouse Chartered Accountants LLP as statutory auditor for a 60-month term from 30 September 2027. No monetary value is disclosed.
JK Cement Debt & Borrowing
JK Cement filed an auditor's certificate on secured NCD security cover and covenant compliance as at September 30, 2026. It confirms asset book values and covenant compliance.
JK Cement Q2 FY27 Results: Net Profit ₹169.3 Cr, Up 6.3% YoY
JK Cement Ltd reported revenue from operations of ₹3,733 Cr (+23.7% YoY) and net profit of ₹169.3 Cr (+6.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹169.3 Cr · +6.3% YoY