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Earnings Call

JSW Cement Earnings Call: Key Takeaways

JSW Cement delivered solid FY26 performance with 46% EBITDA growth, though Q4 volumes were dampened by election-related labor shortages and Middle East instability.

Why this was an Alfa AlertNot a filter event; results were largely in line with prior guidance and capacity targets.
Highlights
Revenue growth12% YoY growth to ₹6,512cr for full year FY26.
MarginsOperating EBITDA margin jumped 460 bps to 19.3% in Q4.
Demand visibilitySoft in April due to elections; recovery expected from mid-May.
Management confidenceConfident but cautious regarding near-term geopolitical and inflationary headwinds.

Growth

Revenue grew 12% to ₹6,512cr; EBITDA/ton improved 36% to ₹916 driven by better realizations and cost controls.

Outlook

Targeting 46MTPA grinding capacity by FY30 with ₹2,300cr capex guided for FY27.

Risks

West Asia crisis inflating fuel/bag costs and near-term demand softness due to inflationary pressures and elections.

Source

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

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JSW Cement Ltd: key numbers

Share price
₹115.47
Market cap
₹15,743 Cr
Revenue (annual)
₹6,512 Cr
Net profit (annual)
₹-756.3 Cr
P/E (TTM)
20.7×Sector 33.0×
Promoter holding
72.02%-0.01% QoQ
FII holding
3.70%Current quarter

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

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