JKCEMENTBSEJK Cement LtdMinimalNeutral
Announced Sat, 23 May · 17:03 IST

Asset Cover certificate Q.E. 31.3.2026

JKCEMENT · price

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹5545.50
prior close
₹5546.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.6+0.3-0.0-4.0-4.5-6.8-5.7-9.3-11.4-4.2+0.2+3.4
Up moveDown movePending
AI summary

JK Cement reported strong audited financial results for Q4 and FY2026 ended March 31, 2026. Standalone revenue from operations grew to Rs 13,945.34 Crores with profit after tax of Rs 1,493.74 Crores, significantly up from Rs 460.40 Crores in the previous year. The company recommended a final dividend of Rs 20 per share (200%) for FY2025-26, subject to shareholder approval at the AGM. The board appointed Dr. Sameer Sharma as Additional Director (Independent) and re-appointed Mr. Mudit Aggarwal as Independent Director. Key highlights include commissioning of a new 3 MnTPA Grey Cement grinding unit at Buxar and capacity expansion at Muddapur plant from 3.50 MnTPA to 4.50 MnTPA. CARE AA+ rating was maintained with asset cover ratio of 133.39 times for secured NCDs. The Toshali Cements amalgamation has been completed with NCLT approval.

Likely market impact

The robust financial performance with near 3x growth in PAT demonstrates operational strength. The capacity expansion and new grinding unit commissioning position the company for higher volumes. The consistent dividend payout signals confidence in cash flows. The strong asset cover ratio reassures bondholders.