| Revenue growth | Standalone revenue +26% YoY; grey volume +21%. |
|---|---|
| Margins | EBITDA margin 14.2%, down 1.7ppt YoY and 2.7ppt QoQ. |
| Demand visibility | Grey volume +21% YoY; QoQ down seasonally. |
Growth
Standalone revenue ₹3,595 Cr (+26% YoY); H1 revenue ₹7,461 Cr (+23%). Standalone PAT ₹190 Cr (+8%); consolidated PAT ₹169 Cr (+6%).
Outlook
No explicit revenue or profit guidance. 7 MTPA expansion (Jaisalmer, Bikaner, Bhatinda) due H1 FY28; 50 MTPA grey target by FY30.
Risks
Seasonal volume dip QoQ (grey -10%). Pet coke ($164/MT) and fuel costs rising; company could not fully pass on cost increases.
Last quarter's promises, checked
Delivered
- Guided wall putty Q2 → commissioned 12 Aug (= BEAT)
- Guided no monsoon price drop → ₹4,963/t vs ₹4,958 Q1 (= BEAT)
- Guided double-digit volume → grey +21% YoY (= BEAT)
Partly delivered
- Guided Jaisalmer H1 FY28 → not yet due (= PARTIAL)
- Guided 22.5–23 MTPA FY27 → H1 volume undisclosed (= PARTIAL)
- Guided 75% green power FY30 → approval delays (= PARTIAL)
Missed
- Guided ₹150/t Q2 cost rise → costs not fully passed on (= MISS)
- Guided 35% thermal substitution FY30 → target under rework (= MISS)
Earnings Call Transcript 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 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 Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue ₹3,595cr (+26% YoY), EBITDA ₹500cr (+14%), margin 14.2%, PAT ₹190cr (+8%). Grey volume +21%; 50 MTPA by FY30 target.
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