JSW Cement Ltd — earnings calls

JSW Cement reported Q4 FY26 revenue of Rs 1,895 crores, up 11% year-on-year, with operating EBITDA of Rs 365 crores, up 46% year-on-year, and an operating EBITDA margin of 19.3%. The company commissioned its integrated Nagaur plant in Rajasthan in March 2026, marking its entry into North India, while flagging soft April demand due to inflationary pressures, labour shortages and elections in some states. Management also detailed capex plans, an additional 2.5 MTPA grinding capacity approval at Nagaur, and cost-saving progress across power, logistics and premiumization.