JSWCEMENTBSEJSW Cement LtdMediumNeutral
Announced Thu, 21 May · 12:14 IST

Please find enclosed the disclosure

Board & Shareholder Meetings View source PDF

JSWCEMENT · price

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Price reaction · full curve 14 horizons · vs prior close
+13.3%1-day move
₹120.70
prior close
₹128.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.2+1.3+1.5-0.3+13.3+10.9+9.0+8.8+7.9+8.1+6.0+7.8+16.9
Up moveDown movePending
AI summary

JSW Cement reported audited consolidated FY2026 results with revenue from operations at Rs. 6,512.46 crore, up 12% from Rs. 5,813.07 crore in FY2025. Q4 FY26 revenue stood at Rs. 1,894.99 crore. However, the company reported a consolidated loss before tax of Rs. 781.22 crore for FY2026 (vs loss of Rs. 43.64 crore), primarily due to an exceptional item of Rs. 1,466.38 crore from CCPS (Compulsory Convertible Preference Shares) conversion to equity shares during the year. Q4 FY26 profit before tax was Rs. 214.88 crore. The Board recommended a dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY2025-26, subject to shareholder approval. Additionally, the Board approved a 2.5 MTPA cement grinding capacity addition at Nagaur, Rajasthan at an investment of Rs. 430 crore, to be commissioned by January 2028. Re-appointments include CEO Nilesh Narwekar (from Aug 2026 for 3 years) and Independent Director Sumit Banerjee (from July 2026 for 5 years).

Likely market impact

The large loss is driven by non-cash exceptional items from CCPS conversion and is not indicative of operational weakness; underlying business shows healthy revenue growth. The dividend and capacity expansion signal confidence in future growth. The stock listed on NSE/BSE in August 2025.