Audited Standalone and Consolidated Financial Results for the year ended 31.3.2025
Awaiting price reaction for this filing.
J.K. Cement Limited reported its audited financial results for Q4 FY25 and FY25 (year ended 31 March 2025). Standalone revenue from operations rose to ₹11,093.18 crore (~10.7% YoY), while Q4 FY25 revenue surged ~23% YoY to ₹3,342.95 crore. Standalone PAT for FY25 was ₹870.01 crore versus ₹830.64 crore in FY24, with Q4 standalone PAT jumping to ₹417.32 crore (vs ₹204.81 crore), aided by a ₹54.38 crore exceptional gain from a write-back of an earlier impairment provision for its Fujairah step-down subsidiary. Consolidated revenue and PAT stood at ₹11,879.15 crore and ₹872.17 crore respectively. The Board recommended a dividend of ₹15 per share (150%), subject to shareholder approval at the 31st AGM on 18 July 2025. Statutory auditor S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion, while drawing attention to an emphasis of matter regarding ongoing Competition Commission of India litigation (a ₹154.92 crore penalty matter pending before the Supreme Court). Long-term debt rating reaffirmed at CARE AA+; debt-equity stable at 0.97x; operating cash flow of ₹2,049.28 crore.
Strong Q4 performance with clear operating margin expansion (company-disclosed metric from ~18% to ~22%) and a healthy 150% dividend are positive signals for shareholders. The CCI litigation remains a key overhang but no provision has been made given management's legal confidence. The clean audit report and robust cash generation are supportive for the stock.