Audited standalone and consolidated results for the year ended 31.3.2025
Awaiting price reaction for this filing.
J.K. Cement posted strong FY25 results with standalone revenue from operations of ₹11,093.18 crores vs ₹10,018.05 crores in FY24 (~10.7% growth). Standalone profit after tax rose to ₹870.01 crores from ₹830.64 crores, while Q4FY25 PAT jumped to ₹417.32 crores from ₹235.95 crores in Q4FY24. EPS for the year stood at ₹112.59 (FY24: ₹107.50). Operating margin expanded to 22.03% from 18.63%, and operating cash flow was healthy at ₹2,049.28 crores. The board recommended a dividend of ₹15 per share (150%). The statutory auditor S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion but flagged an emphasis of matter regarding ongoing Competition Commission of India (CCI) litigation involving penalties of ₹154.92 crores and ₹9.28 crores pending before the Supreme Court and NCLAT. An exceptional gain of ₹54.38 crores was recorded from write-back of impairment of the Fujairah subsidiary investment.
Clean audit report, strong Q4 earnings growth, and improved operating margins are positive signals for shareholders. The CCI litigation remains a key overhang, though the company maintains no provision citing favourable legal opinion. The 150% dividend reinforces shareholder returns, and the stock could see positive sentiment from margin expansion.