Low base, premium mix and new capacity supported gains
Choice Broking upgrades JK Lakshmi Cement to 'Buy' with a ₹7,200 target, citing strong expansion, earnings growth, and 25% upside potential
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JK Cement Ltd on Saturday reported an increase of 17 per cent in consolidated net profit to Rs 159.25 crore for the September quarter. The company had posted a profit of Rs 136.15 crore in the July-September period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Its revenue from operations was up 17.9 per cent at Rs 3,019.20 crore in the September quarter. It was at Rs 2,560.12 crore in the corresponding period a year ago. JKCL's total expenses were at Rs 2,827.36 crore, up 11 per cent in the September quarter. The total income of JKCL, which includes other income, was at Rs 3,070.08 crore, up 18.17 per cent in the September quarter. JKCL has a grey cement capacity of 26.26 MTPA.
Q2FY26 company results: Firms including Urban Company, Azad Engineering, Transcorp Internationals, Triveni Glass, Orient Cement, and Netweb Technologies are also to release their July-Sep earnings
While monsoons and consumption deferrals following the GST rationalisation impacted demand in Sep'25, prices largely held firm, signalling resilience in the sector, Nuvama analysts said
Elara Capital cautions that the near-term pricing environment remains weak, with operating leverage and higher costs likely to weigh on profitability in Q2FY26 and potentially spill over into Q3FY26.
JK Cement chart shows that stock has been trading above its 20-WMA post the breakout in March 2025; however given weak signals from key momentum oscillators the stock may crack up to 13% from here.
JK Cement share price today: On the bourses, JK Cement share price rose up to 1.21 per cent to an intraday high of ₹6,660 per share.
GST Council has approved a reduction in rates on cement from 28 per cent to 18 per cent, effective September 22, 2025
JM Financial Institutional Securities has picked UltraTech Cement and JK Cement as its top picks in the cement sector; here's why
JK Cement Ltd on Monday said its board has approved investments worth Rs 4,805 crore for greenfield expansion of a new cement line of 7 million tonnes per annum (MnTPA). This includes a clinkerisation unit of 4 MnTPA and cement grinding of 3 MnTPA at Jaisalmer, Rajasthan, and two split grinding units, each of 2 MnTPA capacity, in Rajasthan and in Punjab, according to a regulatory filing from the JK Organisation group firm. "The total proposed investment for the expansion is estimated at Rs 4,805 crores," it added. Earlier this year, JK Cement had completed the acquisition of majority stake in Jammu & Kashmir-based Saifco Cements. The company's grey cement capacity is 25.2 MTPA. It is also a leading global manufacturer of white cement, with a total white cement capacity of 1.12 MnTPA in India, and a wall putty capacity of 1.33 MnTPA.
Stocks such as Maruti Suzuki, TVS Motor, Blue Star, Johnson Controls and JK Cement can rally up to 26% as the government plans 2-tier GST reforms ahead of Diwali 2025.
In the past five months, the stock price of JK Cement has outperformed the market by zooming 58 per cent
JK Lakshmi Cement Ltd has reported over twofold increase in consolidated net profit at Rs 149.88 crore for the June quarter of 2025-26 financial year. The company, which completed the merger of subsidiary Udaipur Cement Works, had posted a profit of Rs 56.68 crore in the April-June period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKLC), a flagship company of JK Organisation. Total income was up 11.8 per cent at Rs 1,763.14 crore in the June quarter, helped by volume gains. It was at Rs 1,576.96 crore in the corresponding quarter. Chairperson & Managing Director Vinita Singhania said, profitability of the company improved on account of higher volume, better product & market mix and reduction in fuel cost." JK Lakshmi Cement's sales volume in the June quarter was at 3,326 lakh tonne, up nearly 10 per cent year-on-year. Total expenses of JK Lakshmi Cement were at Rs 1,559.26 crore, up 6.68 per cent from the year-ago period. The company said the ...
JK Cement Ltd on Saturday reported a 75.4 per cent increase in its consolidated net profit to Rs 324.25 crore for the June quarter of 2025-26 compared to Rs 184.82 crore in the April-June period a year ago. Its revenue from operations rose by 19.4 per cent to Rs 3,352.53 crore in the June quarter compared to Rs 2,807.57 crore in the corresponding period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Total expenses were at Rs 2,919.83 crore, up 13.2 per cent in the June quarter. The total income of JKCL, which includes other income, was at Rs 3,408.97 crore, up 19.5 per cent in the June quarter. Meanwhile, in a separate filing, JKCL said its board in a meeting held on Saturday approved the company's expansion by setting up of 0.6 million tonnes per annum (MTPA) white cement-based wall putty plant near Nathdwara, District Rajasmand of Rajasthan. "The total proposed investment for the expansion is estimated at Rs 195 crore," it said. The board also took note
Q1 FY26 company results: JK Cement, Punjab & Sind Bank, Central Bank of India, Union Bank of India, and AU Small Finance Bank, set to release their earnings report for April- June quarter
Dividend stocks: Ten stocks will turn ex-date for their dividend and bonus issue on Tuesday, July 8, 2025; check all details here
JK Cement has completed the acquisition of a majority 60 per cent stake in Jammu & Kashmir-based Saifco Cements for Rs 150 crore, formalising a joint venture with the company. This makes the JK Organisation group firm as the first major cement manufacturer to set up manufacturing operations in Srinagar, signalling a step towards regional economic empowerment, according to a joint statement. As per the shareholders' agreement between the company and its promoters, JK Cement will acquire management control and hold 60 per cent of the paid-up capital of Saifco. "The investment of Rs 149.81 crore would be paid to the existing promoters of Saifco and also to Saifco for acquisition of 60 per cent equity capital of Saifco," it said. Following this, Saifco Cements has become a subsidiary of JK Cement with immediate effect. Moreover, the "board of the Saifco shall be re-constituted and three persons nominated by the company will be appointed as additional directors on the board of Saifco .
The lagged impact of fuel price increases of Rs 50-100 per ton during January-April'25 will be seen in H1FY26 given inventory, with higher exposure to petcoke usage impacted more