JK Cement Ltd — earnings calls

JK Cement reported 23% year-on-year growth in standalone net sales to Rs 3,786 crores for Q1 FY27, driven by 19% growth in grey cement volumes and 11% growth in white cement volumes, though volumes were marginally lower quarter-on-quarter. EBITDA margin declined to 16.9% from 21.9% a year earlier and 18.5% in the previous quarter, which management attributed to higher fuel and packaging costs. Management discussed ongoing capacity expansions at Jaisalmer and Bhatinda, growth in the RMC and paint businesses, and the impact of geopolitical disruptions on fuel costs and white cement trade flows.

JK Cement reported Q4 FY26 net sales of Rs 3,614 crore, up 15% sequentially and 11% year-on-year, with EBITDA of Rs 670 crore and EBITDA margin of 18.5%. For the full year, net sales rose 16% to Rs 12,568 crore and profit after tax grew 21% to Rs 1,033 crore. Management discussed commissioning of the Buxar greenfield expansion, progress on the Jaisalmer, Bikaner and Punjab projects, and outlined capex plans and cost trends for the coming year.