J K Cements
J K Cements Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
2 of 4 strong
Not discussed on this call: order book.
The short version
JK Cement targets grey cement volume of 22.5 to 23 million tons in the current fiscal year with double-digit growth expected if demand supports it, mainly from Central India due to capacity constraints in the North and South. Paint business aims for EBITDA margin of 5%-7% in FY28 with revenue increasing by ~INR150 crores from FY27 base (~INR550 crores) (Page 17).
From J K Cements's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- JK Cement targets grey cement volume of 22.5 to 23 million tons in the current fiscal year with double-digit growth expected if demand supports it, mainly from Central India due to capacity constraints in the North and South.
- Paint business aims for 5-7% EBITDA margin by FY28 with revenue increasing further by about INR150 crores.
- Capex plans include INR3500 crores for FY27 and around INR1200 crores for FY28, with potential additional expansions.
- White cement segment expects growth constrained by geopolitical issues, but new capacity at Nathdwara (0.6 MTPA putty) should support double-digit growth.
- RMC segment targeted to grow from INR250 crores topline in FY27, moving towards breakeven.
- Long-term target includes reaching 40 million tons by FY28 and 50 million tons by FY30, with expansion decisions aligned to project commissioning and business environment.
- Price stability expected in monsoon due to cost pressures, supporting revenue growth.
Profitability & Margins
See what J K Cements said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY27 capex planned around INR 3,500 crores.
- FY28 capex expected around INR 1,200 crores, with possible additional spending if next expansion phase is undertaken.
- Greenfield project at Jaisalmer progressing well, targeted commissioning in first half of FY28.
- Grinding unit at Bhatinda progressing, with acquisition of land for second grinding location in Punjab underway.
- Expansion of wall putty plant in Rajasthan near completion, expected commissioning in Q2 FY27.
- Considering next clinker line expansion decision closer to Jaisalmer commissioning (likely end of this fiscal or early next fiscal).
- Targeting 40 million ton capacity by FY28 and 50 million ton by FY30.
- Next clinker line priority expected at Muddapur.
- Board approval for future expansions expected once current projects near completion and business environment is clearer.
Top-ranked in Cement & Cement Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what J K Cements said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
J K Cements — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹3.9K Cr, net profit ₹331 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What J K Cements Ltd's management said in earlier quarters
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Dalmia delivered 9% volume growth in Q1 FY27, outpacing industry growth by 200-250 bps (Page 10). Key concall takeaways from Dalmia BharatLtd's Q1 FY27…
Frequently Asked Questions
What were J K Cements Q1 FY27 results?
JK Cement targets grey cement volume of 22.5 to 23 million tons in the current fiscal year with double-digit growth expected if demand supports it, mainly from Central India due to capacity constraints in the North and South. Paint business aims for EBITDA margin of 5%-7% in FY28 with revenue increasing by ~INR150 crores from FY27 base (~INR550 crores) (Page 17).
What is J K Cements share price analysis?
J K Cements currently shows a below-average growth signal. The stock trades at a P/E of 41.5 with a market cap of ₹40,566 Cr. Investors should review the full earnings analysis for detailed insights.
Is J K Cements planning capital expenditure?
FY27 capex planned around INR 3,500 crores.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.