JSWCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Cement reported consolidated revenue from operations of Rs 6,512 crore for FY2026, up 12% from Rs 5,813 crore in the previous year. The company posted a consolidated net loss of Rs 799 crore for the full year, impacted by exceptional items including Rs 1,466 crore from CCPS conversion and Rs 27 crore labour code provision, though the Q4 standalone showed strong recovery. The Board recommended a dividend of Rs 0.50 per equity share (5% on Rs 10 face value) for FY2025-26. Additionally, the Board approved setting up an additional 2.5 MTPA cement grinding capacity at Nagaur, Rajasthan at an investment of Rs 430 crore, to be commissioned by January 2028. Key management re-appointments include Mr. Nilesh Narwekar as Whole-time Director & CEO and Mr. Sumit Banerjee as Independent Director. The company completed its IPO in August 2025 with listing on NSE and BSE.
The company showed strong operational improvement with 12% revenue growth and significantly reduced finance costs (down 16% to Rs 378 crore), while debt reduction was substantial (non-current borrowings cut from Rs 5,010 crore to Rs 3,092 crore). The Nagaur expansion signals growth intent, though near-term net loss may continue due to exceptional items. Dividend payout is modest, reflecting retained earnings for capex.