JSW Cement Ltd

JSW Cement announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

Honeywell Automation India Ltd, RHI Magnesita India Ltd, IRB Infrastructure Developers Ltd, Jubilant Foodworks Ltd are among the other stocks to see a surge in volumes on NSE today, 21 May 2026.JSW Cement Ltd clocked volume of 301.78 lakh shares by 14:14 IST on NSE, a 35.43 times surge over two-week average daily volume of 8.52 lakh shares. The stock gained 7.72% to Rs.130.24. Volumes stood at 5.16 lakh shares in the last session.Honeywell Automation India Ltd notched up volume of 1.63 lakh shares by 14:14 IST on NSE, a 34.03 fold spurt over two-week average daily volume of 4779 shares. The stock rose 16.42% to Rs.35,135.00. Volumes stood at 15569 shares in the last session.RHI Magnesita India Ltd registered volume of 22.84 lakh shares by 14:14 IST on NSE, a 26.86 fold spurt over two-week average daily volume of 85035 shares. The stock rose 4.72% to Rs.404.70. Volumes stood at 60327 shares in the last session.IRB Infrastructure Developers Ltd notched up volume of 3425.71 lakh shares by 14:14 IST on NSE, a 22.78 fold spurt over two-week average daily volume of 150.38 lakh shares. The stock rose 7.71% to Rs.22.76. Volumes stood at 566.45 lakh shares in the last session.Jubilant Foodworks Ltd clocked volume of 155.31 lakh shares by 14:14 IST on NSE, a 10.84 times surge over two-week average daily volume of 14.33 lakh shares. The stock lost 7.31% to Rs.438.00. Volumes stood at 12.91 lakh shares in the last session.Powered by Capital Market - Live

Revenue from operations jumped 10.86% YoY to Rs 1894.99 crore in the quarter ended 31st March 2026. Profit before exceptional items and tax (PBT) soared 189.53% YoY to Rs 219.32 crore in Q4 FY26 compared with Rs 75.75 crore in Q4 FY25. The company reported an exceptional loss of Rs 4.44 crore in Q4 FY26. On the expenses side, total expenses increased 2.43% to Rs 1,702.30 crore in Q4 FY26, compared with Rs 1,661.85 crore in Q4 FY25. Cost of material consumed stood at Rs 464.59 crore (up 16.1% YoY), freight and handling expenses stood at Rs 444.51 crore (up 10.71% YoY), while power and fuel expenses was at Rs 236.67 crore (down 0.69% YoY), employee benefit expenses stood at Rs 85.79 crore (down 10.45% YoY) during the period under review. EBITDA jumped 46% YoY to Rs 365 crore in Q4 FY26. Operating EBITDA margin improved to 19.3%, while operating EBITDA per tonne stood at Rs 916. During the quarter, total sales volume rose 7% YoY to 3.99 million tonnes. Cement sales volume increased 12% to 2.35 million tonnes from 2.10 million tonnes in Q4 FY25. Ground Granulated Blast Furnace Slag (GGBS) sales volume grew 5% YoY to 1.57 million tonnes, compared with 1.49 million tonnes in the year-ago quarter. The company incurred capital expenditure, including maintenance capex, of Rs 506 crore during Q4 FY26. On a full-year basis, the company's consolidated net loss widened to 756.32 crore in FY26 compared with net loss of Rs 114.08 crore in FY25. However, revenue from operations jumped 12.03% to Rs 6,512.46 crore in FY26 compared with Rs 5813.07 crore in FY25. Net cash generated from operating activities stood at Rs 1170.21 crore in FY26, up 58.84% compared with Rs 736.74 crore in the previous fiscal. Meanwhile, the company's board has approved setting up of an additional cement grinding capacity of 2.5 MTPA at Nagaur, Rajasthan. The existing grinding capacity at the location stands at 2.5 MTPA, with another 1 MTPA under execution. JSW Cement is part of the diversified JSW Group. The company operates across the entire value-chain of building materials comprising cement, ground granulated blast-furnace slag (GGBS), concrete and construction chemicals.Powered by Capital Market - Live

Net profit of JSW Cement rose 985.13% to Rs 371.33 crore in the quarter ended March 2026 as against Rs 34.22 crore during the previous quarter ended March 2025. Sales rose 10.86% to Rs 1894.99 crore in the quarter ended March 2026 as against Rs 1709.39 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 756.32 crore in the year ended March 2026 as against net loss of Rs 114.08 crore during the previous year ended March 2025. Sales rose 12.03% to Rs 6512.46 crore in the year ended March 2026 as against Rs 5813.07 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1894.991709.39 11 6512.465813.07 12 OPM %19.2714.05 -19.0410.58 - PBDT302.90154.26 96 1045.50266.70 292 PBT219.3275.75 190 723.26-43.64 LP NP371.3334.22 985 -756.32-114.08 -563 Powered by Capital Market - Live

The board of JSW Cement at its meeting held on 21 May 2026 has noted that the current cement grinding capacity at Nagaur is 2.5 MTPA with another 1 MTPA grinding capacity is under implementation. With a view to increase utilization of Nagaur clinker line, as well as with a strategic aim to make Nagaur largely self sufficient in terms of cement grinding capacity, the Board has approved setting up of an additional cement grinding capacity of 2.5 MTPA at Nagaur.

JSW Cement has adjourned the meeting of the Board of Directors which was scheduled to be held on 18 May 2026. The meeting will now be held on 21 May 2026.

JSW Cement will hold a meeting of the Board of Directors of the Company on 18 May 2026.

JSW Cement announced that Sudhir Maheshwari (DIN:02376365) Non - Executive - Non Independent Director, has tendered his resignation from the Board of Directors of the Company with effect from the close of business hours on 14 April 2026.

The key equity benchmarks traded with significant gains in early afternoon trade aided by short-covering after sharp losses in the previous session. Sentiment was also supported by easing in crude oil prices. Investors will monitor the ongoing Middle East conflict. The Nifty traded above 23,150 mark. IT stocks rebounded after witnessing selling pressure in the previous session. At 12:25 IST, the barometer index, the S&P BSE Sensex advanced 446.07 points or 0.60% to 74,653.31. The Nifty 50 index rose 152.65 points or 0.67% to 23,155.25. In the broader market, the BSE 150 MidCap Index added 0.83% and the BSE 250 SmallCap Index gained 0.55%. The market breadth was strong. On the BSE, 2,724 shares rose and 1,331 shares fell. A total of 167 shares were unchanged. The rupee hit a record low of 93.3800 against the U.S. dollar, as the greenback strengthened further and FII outflows continued unabated amid the ongoing West Asia conflict. In the commodities market, Brent crude for May 2026 settlement fell 81 cents or 0.75% to $107.84 a barrel. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.46% to 22.70. The Nifty 30 March 2026 futures were trading at 23,199, at a premium of 43.75 points as compared with the spot at 23,155.25 The Nifty option chain for the 30 March 2026 expiry showed a maximum call OI of 46.7 lakh contracts at the 24,000 strike price. Maximum put OI of 48.4 lakh contracts was seen at the 22,000 strike price. Buzzing Index: The Nifty IT index jumped 1.63% to 29,045.85. The index tumbled 3.31% in the past trading session. Oracle Financial Services Software (up 3.63%), Tech Mahindra (up 3.31%), Persistent Systems (up 2.65%), HCL Technologies (up 2.49%), Infosys (up 1.69%), Mphasis (up 1.6%), Wipro (up 0.91%), Tata Consultancy Services (up 0.83%) and Coforge (up 0.43%) advanced. Stocks in Spotlight: JSW Cement rose 1.22% after the company commissioned its greenfield integrated cement plant in Nagaur, Rajasthan, marking its entry into North India. Indian Renewable Energy Development Agency (IREDA) rose 0.64%. The company's board approved borrowing programme upto Rs 40,000 crore for financial year 2026-27.Powered by Capital Market - Live

The plant comprises a 3.30 MTPA clinkerization unit and a 2.50 MTPA grinding unit. With this, total grinding capacity stands at 24.1 MTPA, while clinker capacity (including JV) is at 9.74 MTPA. An additional 1 MTPA grinding unit is under construction at the site. The project has been funded through a mix of equity and long-term debt, including Rs 800 crore from fresh issue proceeds. JSW Cement is a part of the JSW Group. The company's product portfolio consists of blended cement (including portland slag cement, portland pozzolana cement, and portland composite cement), GGBS, ordinary portland cement, clinker, and a range of allied cementitious products such as ready-mix concrete, screened slag, construction chemicals, and waterproofing compounds. The company reported a pre-tax profit of Rs 130.62 crore in Q3 FY26 as against a loss of Rs 80.22 crore in Q3 FY25. Net sales rose 13.2% year-on-year to Rs 1,621.22 crore.Powered by Capital Market - Live