JK Lakshmi Cement Q1 FY27 call flags cost pressure, outlines capex plan

Mgmt Guided Margin PressureCfo Debt Reduction RoadmapAnalyst Day Multiyear TargetsOrder Pipeline DisclosedInvestor Communications View source PDF Explain this filing

JKLAKSHMI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.5%1-day move

₹565.00

prior close

₹568.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.8-1.3-1.3-1.0-2.5-2.7-2.8-2.7-1.4-1.4————

Up moveDown movePending

AI summary

Q1 FY27 call: industry grew about 8 percent; Q1 realisations up about 9 percent sequentially on geo mix and price hikes. Fuel cost per Kcal rose from 1.54 to 1.65, expected to touch 1.85 in Q2. Capex guided at INR1,500 cr FY27, INR2,000 cr next year, INR1,500 cr thereafter, covering Durg (INR3,000 cr) and Northeast (INR1,500 cr). Net debt to EBITDA target capped at 2.5-2.75x. 30 million ton capacity by FY30 maintained. Management flagged Q2 margin pressure from fuel, packaging and monsoon cyclicity.

Likely market impact

Near-term margin pressure in Q2 from higher fuel and packaging costs; longer-term growth supported by Durg expansion and 30 MT by FY30 target.