JK Cement reported strong Q2 FY26 results, with revenue from operations increasing by 19% to ₹2,859 crores. EBITDA rose to ₹440 crores, and profit before tax reached ₹261 crores. The company is progressing with capacity expansion projects, including a 6 million ton project at Panna and new grinding units. The company maintains a positive outlook, expecting continued growth and profitability.
Financial Performance
JK Cement announced its financial results for Q2 FY26, showcasing significant growth. Key highlights include:
- Revenue from operations: ₹2,859 crores, a 19% increase compared to the previous year.
- EBITDA: ₹440 crores, up from ₹271 crores in the previous year.
- Profit before tax: ₹261 crores, a substantial increase from ₹60 crores in the previous year.
- EBITDA margin: 15.9% for the quarter.
For the half-year period, revenue from operations reached ₹6,049 crores, and EBITDA stood at ₹1,113 crores, representing a 49% increase.
Capacity Expansion Projects
JK Cement is actively expanding its production capacity with several key projects:
- Panna Project: A 6 million ton project is at an advanced stage of completion.
- Prayagraj: A 1 million ton grinding unit was commissioned in October 2025.
- Hamirpur: Another grinding mill is at an advanced stage of completion.
- Buxar (Bihar): A 3 million ton greenfield grinding unit is expected to be completed between January and February 2026.
- Jaisalmer: Work has started on an integrated 4 million ton clinker and 3 million ton grinding unit, expected to be commissioned in Q2 FY28.
Regional Sales Performance
The company experienced major sales growth in South and Central India. North India saw growth at par with the market.
Outlook and Strategy
JK Cement aims to grow faster than the market, focusing on both volume and profitable growth. The company is working on new products, including calcine clay (LC3), to drive future sales and profitability.
The company is targetting an overall volume growth of about 10% and is giving a guidance of around 20 million tons for the current fiscal.
Source: BSE
