JK Maxx to build 75,000 KLPA paint plant in Telangana

Revenue growth above 20%EBITDA margin compressionExceptional itemEmphasis of matterResults View source PDF Explain this filing

JKCEMENT · price

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Price reactionminutes from the announcement price · days from the prior close

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₹4880.00

prior close

₹4841.50

announcement price

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Nifty Midcap 150market+1.1%-0.0% vs market

Cement & Cement Products peers, median of 34sector+1.0%-0.0% vs sector

On the reaction day the stock moved in line with Nifty Midcap 150 and in line with its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Midcap 150Sector · Cement & Cement Products peers, median of 34Pending

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AI summary

JK Cement unit JK Maxx will build a 75,000 KLPA paint plant in Telangana at an estimated Rs 130 crore cost, within the earlier approved Rs 600 crore paints investment. Operations are expected about 12 months after construction starts. The Bhiwadi plant's 73,000 KLPA capacity is 60% used. Q2 revenue rose 25.8% to Rs 3,594.70 crore; first-half profit fell 5.4% to Rs 481 crore. Auditors highlighted pending Competition Commission cases.

Likely market impact

New capacity supports paint growth, but execution and capital deployment remain key as first-half profit fell despite stronger sales.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹3,733 Cr	₹3,019 Cr	+23.7%
Operating profit	₹217.7 Cr	₹191.8 Cr	+13.5%
Profit after tax	₹169.3 Cr	₹159.3 Cr	+6.3%
EBITDA margin	13.6%	14.8%	−1.2 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.