Transcript of Earnings call on audited financial results of the company for the fourth quarter and year ended march 31, 2026

JK Cement reported strong Q4 FY26 results with net sales up 15% sequentially at INR 3,614 crores and full-year sales up 16% to INR 12,568 crores. EBITDA for FY26 was INR 2,318 crores (+18% YoY) with margins stable at 18.5%. PAT grew 21% YoY to INR 1,033 crores. The company commissioned its greenfield expansion at Buxar and increased Muddapur capacity to 4.5 million tons. The Jaisalmer greenfield project (7 million ton capacity) is progressing well with INR 742 crores already spent, targeting H1 FY28 commissioning. Management guided FY27 capex of INR 3,500-4,000 crores and expects 2.5 million tons incremental volume. Cost savings of INR 50 per ton expected in FY27, while paints business is targeted to reach INR 500-550 crores revenue with EBITDA breakeven. The company remains confident on its 50 million ton capacity target by FY30.