JKCEMENT · JK Cement Ltd · Construction - Raw Materials
JKCEMENT · JK Cement Ltd · Construction - Raw Materials
As of 05 Nov close
52-week range
17.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹4,032 Cr
Revenue YoY
PAT YoY
-14.5%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
5.8
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+0.4%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| JKCEMENT (this stock) | 39.5 | 5.8 | +6.6% | +13.4% | 0.88 | +0.4% |
| UltraTech Cement * | 38.8 | 5.4 | +9.3% | +11.1% | 0.31 | +2.2% |
| Grasim Industries * | 36.9 | 3.2 | +3.1% | +5.5% | 2.2 | +0.3% |
| Ambuja Cements * | 23.3 | 2.6 | +11.2% | +7.5% | 0.01 | +0.5% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
stable
MF
21.17% (-0.44pp)
falling 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 27 Jul 2026 | Kalpana Singhania | SELL | 5,000 | ₹0 |
| 27 Jul 2026 | Nidhipati Singhania | BUY | 5,000 | ₹0 |
| 18 Feb 2026 | KALPANA SINGHANIA | SELL | 5,000 | ₹2.95 Cr |
| 13 Feb 2026 | KALPANA SINGHANIA | SELL | 1,000 | — |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 01 Oct 2026, 08:30 amIrcon International, Aegis Logistics among 6 stocks showing RSI trending up - Momentum Signals
- lowthehindubusinessline.com· 18 Jul 2026, 10:28 amQ1 Results 18th July Live: HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, PNB, IDBI Bank, Yes Bank, JK Cement, India Cements to announce Q1 results
Concalls & investor presentations
AI-generatedKey takeaway: JK Cement Limited reported a 21% year-on-year increase in net sales for the second quarter ending September 30, 2026, reaching INR3,561 crores, though down 9% from the previous quarter. Grey cement volumes rose 19.38% to 11.3 million tons, while white cement volumes increased 19% to 10.32 lakh tons. Standalone EBITDA rose 28% quarter-on-quarter to INR3,516 crores, and consolidated EBITDA for the half-year was INR7,301 crores, up 25%. The company commissioned a 0.6 million-ton wall putty plant in Nathdwara, increasing total white cement and putty capacity to 3.65 million tons. Projects at Jaisalmer and Bikaner are progressing, with expected commissioning in FY28. The gross debt stood at INR6,255 crores, with net debt at INR4,571 crores. Management guided that net debt could peak at INR6,000 crores under the 50 million-ton capacity plan. Fuel costs per Kcal were INR1.71 in Q2, with expected increases to INR2 in Q4 due to rising petcoke and coal prices. The paint business reported INR116 crores in revenue for the quarter, with guidance for FY27 revenue between INR500-550 crores. Management emphasized efforts to improve premium product margins and market share, with ongoing capex of INR2,500 crores annually for brownfield expansions. The company noted challenges in passing on cost increases to customers, particularly in white cement, and highlighted regional factors affecting volume growth in UP and drought-affected areas. The Bihar plant operated at around 50% utilization since commissioning eight months prior.
The summary presents factual results, operational updates, and management commentary without overtly positive or negative language.
Sourced from an exchange-filed transcript, dated 28 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Management reported a 19% year-on-year growth in grey cement volumes and an 11% growth in white cement volumes for the first quarter ended June 30, 2026. The net sales increased by 23% year-on-year to INR 3,786 crores, with EBITDA at INR 639 crores, reflecting a margin of 16.9%. Profit before tax was INR 423 crores, while profit after tax stood at INR 291 crores. The company noted ongoing progress on its greenfield project in Jaisalmer and expansion plans for a grinding unit in Punjab. Management highlighted a rise in gross debt to INR 5,551 crores and a net debt of INR 3,864 crores. They guided toward a cost increase of INR 150 per ton in the next quarter, primarily due to fuel costs. The management confirmed no plans to delay expansion despite competitive pressures in the market. The earnings call included a Q&A session addressing various operational aspects and market conditions.
Management highlighted growth in sales and volumes while also addressing rising costs and competitive pressures.
Sourced from an exchange-filed transcript, dated 21 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by JK Cement Limited detailed the company's performance for the first quarter of FY27, highlighting a robust growth in sales volume despite reduced profitability due to cost pressures. The presentation reported a grey cement volume of 5.96 million tonnes and a white cement volume of 0.54 million tonnes, with total revenue from operations reaching ₹3,866 crore, marking a 21% year-over-year increase. Management noted a planned capital expenditure of ₹5,000-6,000 crore over the next two years to support expansion efforts, aiming for a capacity of 50 million tonnes by FY30. The document also emphasized the company's commitment to sustainability, reporting an ESG score of 76/100 in the S&P Global DJSI assessment. Additionally, the presentation outlined various CSR initiatives and awards received, underscoring the company's focus on community development and environmental responsibility.
Management emphasized growth and sustainability initiatives throughout the presentation.
Sourced from an exchange-filed presentation, dated 18 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Management reported that for the fourth quarter ended March 31, 2026, JK Cement Limited achieved a net sales increase of 15% quarter-on-quarter and 16% year-on-year, totaling INR 3,614 crores and INR 12,568 crores respectively for the full year. EBITDA for the quarter was INR 670 crores, reflecting a 25% increase from the previous quarter but a 9% decrease year-on-year. The profit after tax for the quarter was INR 345 crores, up 91% sequentially but down 17% year-on-year. Management proposed a dividend of INR 20 per share, subject to shareholder approval. The company reported significant capacity expansions, including a new greenfield project in Jaisalmer and increased capacity at existing plants. Management also discussed ongoing cost pressures and the impact of geopolitical factors on pricing and demand.
The document presented both positive financial results and challenges related to costs and market conditions.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from JK Cement Limited, dated May 23, 2026, outlined the company's audited financial results for the fourth quarter and fiscal year ending March 31, 2026. Management reported a 15% quarter-on-quarter growth in grey cement sales volume and an 8% increase in white cement and wall putty sales volume. The company achieved an EBITDA of ₹670 crore and a net profit of ₹345 crore for Q4 FY26. The presentation highlighted key ESG metrics, including a reduction in CO2 emissions and an increase in the green power mix. Management also detailed various community development initiatives and the company's expansion plans, including new cement capacities and projects scheduled for commissioning in FY28. The document noted a proposed dividend of ₹20 per share, subject to shareholder approval.
Management emphasized growth in sales and profitability while highlighting sustainability efforts.
Sourced from an exchange-filed presentation, dated 23 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedJK Cement Limited reported a 15.72% increase in standalone revenue to ₹12,945.34 Crores in FY2025-26, with net profit rising 21% to ₹1,033 Crores. The company expanded its grey cement capacity to 32.26 MnTPA and initiated a 7 MnTPA greenfield project in North India. However, it faces contingent liabilities of ₹333.82 Crores, including ongoing litigation with the Competition Commission of India (CCI) and unresolved tax disputes. The auditor highlighted uncertainty around the CCI case, though no provision was made in the financial statements. The company declared a 200% dividend, indicating strong financial health despite these risks.
- Revenue grew 15.72% to ₹12,945.34 Crores, net profit up 21% to ₹1,033 Crores in FY2025-26
- Grey cement capacity expanded to 32.26 MnTPA with ongoing 7 MnTPA North India project
- Contingent liabilities of ₹333.82 Crores, including CCI litigation and unresolved tax disputes
- No provision made for CCI case despite ongoing litigation
- 200% dividend declared, reflecting confidence in financial position
Key takeaway: JK Cement delivered strong financial performance with revenue and profit growth, significant capacity expansion, and a generous dividend, but faces material contingent liabilities from ongoing litigation and tax disputes that could impact future financial stability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor states that the matters described in the 'Emphasis of Matter' paragraph may have an adverse effect on the functioning of the company.
Earlier (1-3 years ago)
The auditors of the company have issued a modified opinion in the audit report.
The auditor indicates that there are matters stated in paragraph (j)(vi) below on reporting under Rule 11(g) which may affect the functioning of the company.
Regulatory Action
3 occurrencesRecent (last 12 months)
The Competition Commission of India (CCI) imposed a penalty of ₹12,854 Lakhs on the company in 2016, upheld by NCLAT in 2018. The company is appealing to the Supreme Court, which has admitted the appeal and stayed the interim order.
Earlier (1-3 years ago)
The Competition Commission of India (CCI) imposed a penalty of ₹12,854 Lakh on the company on 31 August 2016.
The auditors have drawn attention to a penalty imposed by the Competition Commission of India (CCI), as mentioned in Para 14 of the report.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has a contingent liability related to a penalty imposed by CCI of ₹928 Lakhs for alleged contravention of the Competition Act, 2002. The matter is pending before NCLAT, and no provision has been made in the audited financial statements.
Earlier (1-3 years ago)
As of 31 March 2025, the Company has disclosed contingent liabilities of ₹486.46 Crores relating to taxes and legal claims.
The company has a contingent liability related to a penalty imposed by CCI of ₹928 Lacs for alleged contravention of the Competition Act, 2002, with the matter pending before NCLAT.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has transactions with related parties as defined under section 188 of the Companies Act 2013 and Ind AS 24 on an arm length basis, including sales to subsidiaries and entities influenced by directors and key management personnel.
Earlier (1-3 years ago)
JKCL enters into purchase transactions with related parties where prices are agreed at cost to related party plus mark-up determined by a Transfer Pricing study conducted by tax professionals engaged by the related party. Payment terms require JKCL to make payment within 30 to 60 days from the date of invoice.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
JK Cement Limited has outstanding statutory dues of various taxes and cess, including entry tax, excise duty, and sales tax, with amounts ranging from 0.17 to 106.54 crore, pending in various forums such as Supreme Court, High Court, and Tribunals.
Earlier (1-3 years ago)
The company has outstanding statutory dues for various taxes, including entry tax, excise duty, and customs, with amounts ranging from 2005-2006 to 2015-2016, pending in forums such as the Supreme Court, High Court, and Tribunals.
The company has outstanding statutory dues for various taxes, including goods and services tax, provident fund, employees’ state insurance, income-tax, sales-tax, duty of custom, duty of excise, value added tax, cess, and other statutory dues, which have not been deposited due to disputes. These disputes are pending in various forums such as the Supreme Court, High Court, and Appellate Authorities.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.0% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).