JK Cement Reports Q2 Growth and Paint Capacity Expansion

Revenue grew to Rs 3,733.42 crore in Q2 FY2027 from Rs 3,019.20 crore a year ago.
Profit After Tax rose to Rs 169.30 crore in Q2 FY2027 compared to Rs 159.25 crore in Q2 FY2026.

Reader Takeaway: Revenue expansion signals strong demand, while paint segment investment provides a new growth lever for shareholders.

What just happened

JK Cement has announced its Q2 FY2027 financial results alongside a strategic board approval to expand its paints division. The board cleared a proposal for its subsidiary, JK Maxx Paints, to set up a new manufacturing plant in Telangana. The facility will have an annual capacity of 75,000 KLPA and an estimated cost of Rs 130 crore, funded within existing investment limits.

Why this matters

The company’s paint business is a key growth area. With the current Bhiwadi plant expected to hit full utilization by FY2027-28, the new facility in Suryapet district ensures the company maintains its momentum in the decorative paints market. The 12-month commissioning timeline provides a clear visibility for production scaling.

Auditor and Governance Updates

The board recommended the appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors for a five-year term starting from the 2027 AGM. This follows the scheduled completion of M/s. S. R. Batliboi & Co. LLP's second term. Additionally, the board revised its internal codes for trading and fair disclosure to stay aligned with governance standards.

Risks to watch

While the core cement business remains the primary revenue driver, the paint business requires significant capital expenditure. Success will depend on the timely commissioning of the Telangana plant and the company's ability to capture market share in a competitive paints sector.

What to track next

Investors should look for updates on the commissioning timeline of the new paint unit and performance metrics of the paint segment in coming quarterly filings, alongside overall cement volume growth.