Recommended a Dividend of ? 6.50/- per Equity Share of ? 5 each (130%) for the Financial Year ended 31st March 2026
JKLAKSHMI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JK Lakshmi Cement's Board approved audited FY26 results showing strong performance with standalone PAT at Rs 430.34 Crores, up 52% from Rs 282.72 Crores in FY25. Net sales grew to Rs 6,762.63 Crores from Rs 6,192.62 Crores. The Board recommended a dividend of Rs 6.50 per equity share of Rs 5 each (130%), subject to shareholder approval at the AGM. Key developments include the Composite Scheme of Amalgamation of 3 subsidiaries becoming effective from July 2025, NECEM Cement becoming a subsidiary, and a major CAPEX plan of Rs 3,000 Crores for capacity expansion at Dug and 3 grinding units across UP, Bihar, and Jharkhand.
Strong profit growth and the 130% dividend payout signal healthy cash generation and confidence in future prospects, which should be positive for the stock. The substantial CAPEX plans indicate management's focus on long-term capacity growth.