J.K. Cement announced its Q3 FY26 results, showcasing a 22% YoY increase in grey cement sales volume and a 12% YoY rise in white cement and wall putty sales volume. The company commissioned new grey cement capacity at Panna and Hamirpur, each with 1 MTPA capacity. The company also provided updates on its ongoing expansion projects, including those in Bihar and Rajasthan.
Financial Performance Highlights
J.K. Cement reported strong financial results for Q3 FY26 (standalone):
- Grey Cement sales volume increased by 22% YoY.
- White Cement & Wall Putty sales volume grew by 12% YoY.
- Achieved EBIDTA of Rs 536 crore (compared to Rs 486 crores in Q3FY25).
- EBIDTA per tonne was Rs 928 (compared to Rs 1022 in Q3FY25).
- Net Profit reached Rs 181 crores (compared to Rs 200 crores in Q3FY25).
Key Performance Indicators
- Capacity Utilisation: Cement at 83%, Clinker at 97%.
- Blended Cement: 64%.
- Volumes: 5.32 Million Tons compared to 4.43 Million Tons in Q2FY26.
- Net Sales Realisation: ₹4,724 per ton.
- Trade Mix: 60%, with Premium products contributing 17% of Trade Sales.
Expansion and Projects
J.K. Cement provided updates on its ongoing expansion projects:
- 6 MTPA Grey Cement Capacity Expansion:
- Commissioned a 3.3 MTPA Grey Clinker Production Line at Panna on December 3, 2025.
- Commissioned 1 MTPA Cement Capacity each at Panna and Hamirpur on January 16, 2026.
- Prayagraj Commissioned on October 25, 2025.
- The company is investing in an integrated unit at Jaisalmer, Rajasthan (4 MTPA Clinker and 3 MTPA Cement Grinding), with commissioning scheduled for H1FY28. The project cost is estimated at ₹3630 crores.
- Construction of a 6 Lakhs MT Wall Putty Plant at Nathdwara, Rajasthan, is underway with commissioning expected in Q2FY27.
Financial Data
Standalone Financial Highlights:
- Net Sales: ₹3,132 Cr
- Revenue from Operations: ₹3,213 Cr
- EBITDA: ₹536 Cr
Consolidated Financial Highlights:
- Net Sales: ₹3,383 Cr
- Revenue from Operations: ₹3,463 Cr
- EBITDA: ₹558 Cr
ESG Initiatives
- Reduced Specific Net Scope 1 emission by 9% from base year FY20.
- Green Power mix stood at 52%.
- Thermal Substitution Rate now stands at 11.9%.
- The company’s Water Positivity is 4.7 times.
Source: BSE
