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Earnings Call

JSW Cement Earnings Call: Key Takeaways

JSW Cement delivered strong FY26 performance with 12% revenue growth and 43.6% EBITDA expansion, driven by volume growth and operating leverage. The company successfully listed in Aug 2025 and entered the North India market.

Why this was an Alfa AlertNot a filter event. Performance was strong but no explicit beat of >10% over management-guided ranges was stated.
Highlights
Revenue growth12% YoY for FY26
MarginsEBITDA margin expanded to 19.3% in Q4 FY26
Demand visibilityStrong, supported by Government infrastructure spending
Management confidenceHigh, focused on pan-India expansion

Growth

FY26 Revenue reached ₹6,512cr (+12% YoY); Operating EBITDA grew to ₹1,240cr (+43.6% YoY) with margins improving to 19.3%.

Outlook

Aggressive expansion plan to reach 46 MTPA grinding capacity by CY2028+; additional 2.5 MTPA Nagaur unit approved for ₹430cr.

Risks

Rising crude prices ($110/bbl), Rupee depreciation (₹94.5/$), and below-normal monsoon impacting rural construction demand.

Source

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

Read the document ↗

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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