JK Lakshmi Cement Limited

JK Lakshmi Cement Ltd share price ticked higher by 0.62% to Rs 571.5 after the company's net profit declined by 13.59% to Rs 108.07 crore, while revenue from operations slightly gained 0.17% to Rs 1904.78 crore in Q2FY26 over Q1FY26. The market capitalization of Cement & Cement Products industry group stocks on BSE stood at Rs 9.95 lakh crore, rising 3.44%. It has softened by 0.38% over last one week and softened by 0.69% in last one month while the market capitalization of JK Lakshmi Cement Ltd has inched up 1.24% and 14.56% in the same period respectively. Profit before tax (PBT) of JK Lakshmi Cement Ltd stood at Rs 141.2 crore in Q2 FY26, tanking 30.77% year-on-year, and plunging by 20.10% quarter-on-quarter. EBITDA came in at Rs 243 crore, crashing by 15.83% YoY and slipping 1.86% sequentially. Total expenses grew marginally by 1.75% to Rs 1728.93 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 320.05 crore, posting a minor increase of 4.40% YoY, while employee benefits expense was at Rs 127.71 crore, jumping 14.44% YoY. For the TTM ended FY26, revenue from operations tick up 9.20% to Rs 6762.63 crore, while net profit saw a strong growth of 49.52% to Rs 412.61 crore, compared to previous TTM. EBITDA surged by 84151% to Rs 898.48 crore, and PBT jumped 41.66% to Rs 558.65 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1082.35 crore in FY26, as against Rs 782.68 crore in FY25. JK Lakshmi Cement Ltd nosedived by 39.90% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.

JK Lakshmi Cement Limited announced that its board approved an investment of up to Rs 20.50 crore in equity shares of STLC RE 1 Limited, a Special Purpose Vehicle, to purchase solar power under a group captive power route. The investment will enable JK Lakshmi Cement to establish a 29MW AC / 42 MWP DC Solar Power Plant with a 28 MWh Battery Energy Storage System at its Sirohi, Rajasthan, integrated cement plant, acquiring a minimum 26% equity stake in STLC, incorporated on March 18, 2025. Sago Trading Limited, a member of the promoter group of JK Lakshmi Cement, holds 100% of the equity share capital of STLC, and the transaction will be conducted at arm’s length.

JK Lakshmi Cement has postponed the meeting of the Board of Directors which was scheduled to be held on 29 July 2026. The meeting will now be held on 5 August 2026.

JK Lakshmi Cement will hold a meeting of the Board of Directors of the Company on 29 July 2026.

JK Lakshmi Cement announced that the Annual General Meeting(AGM) of the company will be held on 30 July 2026.

The board of JK Lakshmi Cement at its meeting held on 04 June 2026 has approved investment of 26% in equity shares of Special Purpose Vehicles (SPVs) i.e. DynoSpark and Elevate Solar Energy for purchase of solar power under the applicable captive power route.

However, revenue from operations increased marginally by 0.2% year-on-year to Rs 1,901.53 crore in Q4 FY26. Sales volume stood at 38.96 lakh tonnes, up 8.31% YoY. Profit before interest, depreciation, and tax (PBIDT) stood at Rs 324.42 crore in the March 2026 quarter, registering a de-growth of 11.9% YoY. Profit before tax (PBT) in Q4 FY26 declined 24.53% to Rs 187 crore, compared to Rs 247.78 crore in Q4 FY25. On a full-year basis, the company reported a 44.6% increase in standalone net profit to Rs 444.65 crore on a 9.2% rise in revenue from operations to Rs 6,762.63 crore in FY26 over FY25. The company also disclosed exceptional items related to the cancellation of a mining development agreement in Assam. JK Lakshmi Cement derecognised investments of around Rs 325 crore related to the project and recognised claims recoverable of Rs 130 crore in its standalone financial results. The company added that it has initiated legal proceedings for recovery of the amount. As part of its green initiatives, the company is implementing a project at its Sirohi Cement Plant to enhance its Thermal Substitution Rate (TSR) from 4% to 16% in a phased manner. During the quarter, renewable or green power accounted for 46% of the company's total power mix. On the capital expenditure front, the company is setting up a railway siding at its Dug Cement Plant at an estimated cost of Rs 325 crore. The project will be funded through debt of Rs 225 crore, while the remaining amount will be financed through internal accruals. The first phase of the project has already been completed. Additionally, the company is expanding clinker capacity at its integrated cement plant at Dug, Chhattisgarh, by setting up an additional clinker line of 2.3 million tonnes per annum (MTPA) and four cement grinding units with an aggregate capacity of 4.6 MTPA. The company is also establishing three split-location cement grinding units with a combined capacity of 3.4 MTPA at Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand. The overall project is estimated to cost Rs 3,000 crore and will be funded through a mix of term loans from banks and internal accruals. The project will be implemented in phases and is expected to be completed by March 2028. Meanwhile, the company's Board of Directors recommended a dividend of Rs 6.50 per equity share of face value Rs 5 each (130%) for FY26, subject to approval at the ensuing AGM. The dividend will be paid within 3'4 weeks of approval, subject to applicable TDS. JK Lakshmi Cement is a cement manufacturer with a presence in Northern, Western, and Eastern India's cement markets.Powered by Capital Market - Live

JK Lakshmi Cement announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 6.5 per equity Share (i.e. 130%) , subject to the approval of the shareholders.

Net profit of JK Lakshmi Cement declined 29.39% to Rs 124.06 crore in the quarter ended March 2026 as against Rs 175.69 crore during the previous quarter ended March 2025. Sales rose 0.21% to Rs 1901.53 crore in the quarter ended March 2026 as against Rs 1897.62 crore during the previous quarter ended March 2025. For the full year,net profit rose 48.85% to Rs 412.05 crore in the year ended March 2026 as against Rs 276.83 crore during the previous year ended March 2025. Sales rose 9.20% to Rs 6762.63 crore in the year ended March 2026 as against Rs 6192.62 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1901.531897.62 0 6762.636192.62 9 OPM %14.4818.51 -14.7913.95 - PBDT260.41330.14 -21 901.52729.22 24 PBT176.72253.48 -30 577.74429.80 34 NP124.06175.69 -29 412.05276.83 49 Powered by Capital Market - Live

JK Lakshmi Cement will hold a meeting of the Board of Directors of the Company on 20 May 2026.