JK Cement Limited (JKCEMENT)

Construction Materials · Cement & Cement Products · NSE · Updated 15 July 2026

₹5,353 ↓ 17.08% (1Y)

🎯 Key Takeaways

JK Cement is in a growth phase driven by disciplined capacity expansion and sustainability initiatives, transitioning from a mature cash cow to a reinvestment-oriented player. Management is leveraging strong financial performance to fund greenfield projects and position the company as a leader in low-carbon cement, targeting 50 MnTPA capacity by 2030.
Revenue grew 14.5% QoQ to ₹2,930 in Q3FY25.
⚠️ Rising input costs, particularly coal and clinker, are being mitigated through thermal substitution and green energy adoption, but regulatory pressure

Market Cap

₹42,219

P/E Ratio

58.6

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About JKCEMENT 📊 Interactive Charts

📖 The Story

JK Cement is in a growth phase driven by disciplined capacity expansion and sustainability initiatives, transitioning from a mature cash cow to a reinvestment-oriented player. Management is leveraging strong financial performance to fund greenfield projects and position the company as a leader in low-carbon cement, targeting 50 MnTPA capacity by 2030. The company balances shareholder returns with strategic reinvestment, supported by robust cash flows and improving operational efficiency.

📰 What's Happening

JK Cement reported a 16% YoY revenue increase to ₹12,568 Crores and 21% PAT growth to ₹1,033 Crores in FY25-26, driven by higher cement sales and capacity additions of 7.5 MnTPA. The company announced plans to expand capacity by 1.5 million tonnes annually through new greenfield plants and advanced green energy adoption, with 51.8% renewable power mix. Key events include the submission of the Integrated Annual Report for FY25-26 and scheduling of the 32nd AGM on July 17, 2026, where shareholders will vote on dividend approval and capital allocation.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q4FY23	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25
Revenue	2,778	2,763	2,753	2,935	3,106	2,808	2,560	2,930
Operating Profit	388	424	496	664	615	531	424	537
OPM %	12.6%	14.8%	17.0%	21.3%	18.0%	17.3%	11.1%	16.8%
Net Profit	110	113	178	284	220	185	136	190
EPS	₹14.53	₹14.84	₹23.05	₹36.73	₹28.44	₹23.98	₹16.28	₹24.54

Quarterly performance shows revenue and profitability stabilizing after a peak in Q3FY24, with OPM holding steady at 16-18% range despite margin pressure in earlier quarters. The sequential improvement from Q1FY25 (₹190 Cr NP) to Q2FY25 (₹136 Cr NP) to Q3FY25 (₹190 Cr NP) reflects operational resilience, though NP declined from Q4FY24’s ₹220 Cr, indicating cyclical softness. Management attributes this to input cost volatility and seasonal demand, but long-term growth is anchored in capacity expansion and ESG-driven efficiency gains.

🔮 Management Outlook & What's Next

Management projects capacity of 50 MnTPA by 2030, 75% green power adoption, and 35% thermal substitution rate, emphasizing sustainability as a competitive differentiator. They highlighted ESG commitments including water positivity (4.9x), low-carbon cement development, and regulatory compliance as core to future growth. The company is actively advancing greenfield projects to meet rising infrastructure demand while aligning with decarbonization trends in the construction sector.

Extracted from official company announcements. Not StockFin.ai's opinion.

⚖️ Peer Comparison — Cement & Cement Products

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
UltraTech Cement Limited	3.38 L Cr	44.1	12.3%	10.8%	0.33
Grasim Industries Limited	2.00 L Cr	21.1	4.9%	4.6%	1.88
Ambuja Cements Limited	1.07 L Cr	23.3	4.6%	7.7%	0.00
SHREE CEMENT LIMITED	90,094	73.6	—	—	—
JK Cement Limited	42,219	58.6	—	—	—
Dalmia Bharat Limited	32,402	57.5	—	—	—
ACC Limited	25,592	12.0	11.0%	10.4%	0.00
The Ramco Cements Limited	21,650	57.2	—	—	—
JSW Cement Limited	16,793	0.0	—	—	—
The India Cements Limited	12,401	-56.7	—	—	—

🔗 Peer Stock Analyses

ULTRACEMCO GRASIM AMBUJACEM SHREECEM DALBHARAT

⚠️ Risk Factors

1. Rising input costs, particularly coal and clinker, are being mitigated through thermal substitution and green energy adoption, but regulatory pressure on ESG disclosures could increase compliance costs. 2. Capacity expansion execution risk — delays in greenfield plant commissioning could impact growth momentum. 3. Cyclical demand in infrastructure and real estate sectors may pressure volumes during economic slowdowns. 4. Margin compression from competitive pricing in a fragmented market, despite operational efficiencies.

📋 Recent Filings

🧠 Analyst's Read

JK Cement is executing a clear growth strategy anchored in capacity expansion, sustainability, and financial discipline, positioning it well for long-term value creation. Investors should monitor AGM outcomes, progress on greenfield projects, and margin trends in the upcoming quarters to assess execution momentum and demand resilience.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on JKCEMENT

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-15.

📡 Get AI alerts when JKCEMENT files new disclosures

Track JKCEMENT filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track JKCEMENT — Free

Free account · 2 AI queries/day