JK Cement Q4 FY26: Volume-led growth, steadier costs, and a bigger capex runway

Consolidated revenue from operations for FY26 was ₹13,722 crore as per the investor presentation.

For FY26, consolidated EBITDA was ₹2,374 crore and consolidated profit after tax was ₹988 crore.

The presentation reports grey cement and white cement and wall putty as the two reported net sales lines, and also mentions other products such as gypsum plaster, tile adhesives, grouts, construction chemicals, RMC and paints as part of the portfolio.

The presentation highlights commissioning of 6 MTPA grey cement capacity (including Buxar 3 MTPA split grinding and 1 MTPA additions at Panna and Hamirpur, plus Muddapur debottlenecking) and outlines upcoming North India expansion projects including Jaisalmer, Bikaner and Bhatinda.

The 6 lakh MT wall putty plant at Nathdwara is scheduled to be commissioned in Q2 FY27, as per the investor presentation.

The board recommended a final dividend of ₹20 per equity share (face value ₹10) for FY25-26, subject to shareholder approval at the AGM.

Targets disclosed for FY30 include CO2 emissions of 532 kg/ton of cementitious material, green power mix of 75%, thermal substitution rate of 35%, and water positivity of 5 times.