Whalesbook
JSW Cement posted a stellar fourth quarter for fiscal year 2026, with net profit soaring a remarkable tenfold to Rs 371 crore. This significant jump from Rs 34 crore in the same period last year signals strong operational performance. The company's revenue also saw a healthy 11% year-on-year increase, reaching Rs 1,894 crore.
Operational Highlights
Driving this profit surge was a 7% rise in sales volume to 3.99 million tonnes during the March quarter. Cement sales specifically grew 12% year-on-year to 2.35 million tonnes. Operating EBITDA improved by a substantial 46% to Rs 365 crore, with margins expanding to 19.3% from 14.6% in the previous year's quarter. The company also produced 1.57 million tonnes of Ground Granulated Blast Furnace Slag.
North India Expansion and Capex
JSW Cement commenced production at its new greenfield integrated cement plant in Nagaur, Rajasthan, marking its first facility in North India. The initial phase includes 3.3 MTPA clinker and 2.5 MTPA grinding capacity, with plans to add another 2.5 MTPA of grinding capacity. Capital expenditure for the quarter, including maintenance, stood at Rs 506 crore. An additional Rs 430 crore has been approved for expansion at the Nagaur plant. As of March 31, 2026, JSW Cement's total grinding capacity reached 24.10 MTPA.
Shareholder Returns
Reflecting its robust financial performance, the board of directors recommended a dividend of Rs 0.50 per equity share for the fiscal year ended March 31, 2026.