JK Cement Ltd (JKCEMENT) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- Management projects a significant fuel cost increase of INR 160-180 per ton over the next two quarters, which will pressure margins.
- Net debt is expected to peak at approximately INR 6000 crores as the company executes its capex plan to reach 50 MTPA capacity by FY30.
- The paint business is on track for positive EBITDA in FY27, and future capex will be funded internally without further capital infusion from the parent company.
Performance Overview
- Delivered strong volume-led growth with a 21% year-on-year increase in net sales for the quarter.
- Successfully commissioned a 0.6 million ton wall putty plant at Nathdwara, expanding total white cement and putty capacity to 3.65 million tons.
- Received board approval for a new 75,000 KL paint plant with an investment of INR 130 crores, part of the overall INR 600 crores sanctioned for the paint business.
- Expansion projects at the integrated site in Jaisalmer and grinding unit in Bikaner are progressing on schedule, with commissioning expected in the first half of FY28.
- Management reaffirmed confidence in achieving the full-year grey cement sales volume guidance of 23 million tons plus, supported by expansion ramp-up in Central India.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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