Prism Johnson Limited has informed the Exchange about Arrangements for marketing tie up
PRSMJOHNSN · price
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Prism Johnson's Cement Division has signed a one-year supply agreement with Jabalpur Cement Industries Private Limited (JCIPL) to manufacture and supply cement from JCIPL's plant at Jogidhana, Jabalpur, Madhya Pradesh, starting August 18, 2025. Prism Johnson will purchase 0.09 MT of cement annually under the deal. This arrangement is aimed at boosting local cement availability in Madhya Pradesh, which contributed about 19% of the company's cement sales volume in FY25. As a result, the company's grinding capacity through supply agreements will rise from 1.08 MTPA to 1.17 MTPA now, and is expected to reach 1.38 MTPA by September 30, 2025. JCIPL is a relatively small entity with FY25 turnover of Rs. 6.49 crore and a plant capacity of 0.18 MTPA. The transaction is not a related-party deal.
This is a positive operational development that strengthens Prism Johnson's cement supply in a key strategic market and adds incremental grinding capacity without major capital outlay. Investors may view it as a step to support volume growth in MP, though the near-term financial impact is modest given the small partner size.