JSWCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Cement Limited reported consolidated revenue of Rs 6,512 crore for FY2026, up 12% from Rs 5,813 crore in the previous year. The company posted a net loss of Rs 799 crore for the year (vs loss of Rs 164 crore), largely due to exceptional items including Rs 1,466 crore from CCPS conversion and Rs 27 crore labour code provision. Operating profit before exceptional items was Rs 692 crore, showing strong operational performance. The Board recommended a dividend of Rs 0.50 per share (5%) for FY2026. Additionally, the Board approved adding 2.5 MTPA cement grinding capacity at Nagaur, Rajasthan at an investment of Rs 430 crore, expected to commission by January 2028. The Nagaur integrated plant with 2.5 MTPA grinding and 3.3 MTPA clinker capacity has commenced commercial production. CEO Nilesh Narwekar was re-appointed for 3 years and Independent Director Sumit Banerjee for 5 years.
The company showed strong operational performance with 12% revenue growth and improved EBITDA, though net loss widened due to accounting impacts from CCPS conversion. The dividend recommendation and capacity expansion signal confidence in future growth. The Nagaur expansion will increase self-sufficiency and utilization of the clinker line.