JK Cement has released its Integrated Annual Report for FY 2025-26, reporting a 21.39% increase in Profit After Tax (PAT) to ₹1,033.34 Crores. Net sales rose 16.35% to ₹12,568.16 Crores, driven by a 15% increase in grey cement volumes to 20.66 million tonnes. The company has fixed July 10, 2026, as the record date for a final dividend of ₹20 per share, subject to shareholder approval at the 32nd Annual General Meeting scheduled for July 17, 2026, to be held through Video Conferencing/Other Audio-Visual Means.

Strong Financial Performance in FY 2025-26

JK Cement delivered broad-based growth across all key financial metrics in FY 2025-26, supported by strong volume growth and disciplined operational execution. The following table summarises the standalone financial performance:

Grey cement volumes increased by 15% to 20.66 million tonnes, while white cement volumes grew by 11% to 1.8 million tonnes. Combined standalone volume stood at 22.46 million tonnes. On a standalone basis, grey cement contributed 83% of net sales in FY 2025-26, compared with 81% in each of the previous two years. Standalone Profit before exceptional items and tax stood at ₹1,539.74 Crores, compared to ₹1,170.62 Crores in the previous year.

Capacity Expansion and Strategic Developments

FY 2025-26 was a landmark year for capacity augmentation. The company expanded its total grey cement capacity by 7.92 MnTPA, taking total grey cement capacity to 32.26 MnTPA by the close of the financial year. Key capacity additions included:

The Central India expansion programme was completed within stipulated time with approximately 10% savings against the planned project cost of ₹2,850 Crores. Capital expenditure up to March 31, 2026 comprised ₹914 Crores for the greenfield expansion in North India and ₹100 Crores for the 6 Lakhs TPA wall putty facility at Nathdwara.

Looking ahead, the company is executing a 7 MnTPA greenfield expansion in North India through a ₹4,805 Crore project comprising 4 MnTPA clinker and 3 MnTPA cement capacity at Jaisalmer, along with 2 MnTPA split grinding units each at Bikaner and Bathinda (Punjab), all scheduled for commissioning in H1 FY 2027-28. The Nathdwara wall putty plant (0.6 MnTPA, project cost estimated at ₹195 Crores) is expected to be commissioned in Q2 FY27. Planned capital expenditure of ₹3,500–4,000 Crores in FY 2026-27 and ₹2,000–2,500 Crores in FY 2027-28 will support additional capacity, coal availability, and renewable power investments.

Sustainability and ESG Highlights

JK Cement made significant progress on its sustainability agenda during FY 2025-26. The company's green power mix reached 51.8% of total electricity consumption, against a target of 75% by FY 2029-30. Aggregate Waste Heat Recovery Systems (WHRS) capacity increased from 82.3 MW to 119.3 MW, with all integrated grey cement plants now equipped with WHRS. The thermal substitution rate (TSR) stood at 11.97%, against a target of 35% by FY 2029-30. The company maintained water positivity of 4.9x and recycled 326 million litres of water during the year.

In June 2025, JK Cement became the first cement company in India to commence commercial production of Limestone Calcined Clay Cement (LC3) at its Mangrol facility in Rajasthan, achieving up to 40% reduction in CO2 emissions compared to Ordinary Portland Cement. The company also achieved an ESG score of 76/100 in the S&P Global Corporate Sustainability Assessment and was included in the S&P Global Sustainability Yearbook 2026. In CDP's 2025 assessment cycle, the company received an A- score for water security and a B score for climate change.

Corporate Action and AGM Details

The 32nd Annual General Meeting of the Company will be held on Friday, July 17, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means. The following table summarises the key corporate action and AGM parameters:

Key businesses at the 32nd AGM include adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of final dividend, re-appointment of retiring directors, continuation of directorship of Mrs. Sushila Devi Singhania, re-appointment of Mr. Mudit Aggarwal as Independent Director for a second term of five years (August 14, 2026 to August 13, 2031), appointment of Dr. Sameer Sharma as Non-Executive Independent Director for a term of five years (May 23, 2026 to May 22, 2031), and ratification of remuneration payable to M/s. K.G. Goyal & Company as Cost Auditors for FY 2026-27.

Tax Deduction at Source (TDS) Guidelines

In accordance with the provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders, and the company is required to deduct tax at source (TDS) at applicable rates. Shareholders are requested to submit relevant documents on or before Monday, July 6, 2026, to the Registrar and Transfer Agent, NSDL Database Management Limited.

For resident individuals, TDS will be deducted at 10% if the dividend exceeds ₹10,000 and a valid PAN is available. No TDS will be deducted if the aggregate dividend does not exceed ₹10,000 or if a valid Form 121 is submitted. A higher TDS rate of 20% applies if the PAN is not available, invalid, or inoperative. Resident non-individual shareholders such as insurance companies and mutual funds may be eligible for lower or nil withholding upon submission of specific declarations. Non-resident shareholders are generally subject to withholding tax at 20% plus surcharge and cess, unless they provide documents to claim benefits under the applicable Double Taxation Avoidance Agreement (DTAA).

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE823G01014/9ee4c4776b8c492e.pdf

J. K. Cement Limited has fixed Friday, July 10, 2026, as the record date to determine member eligibility for a dividend of 200%, or INR 20 per equity share, for the financial year ended March 31, 2026. The dividend payment is contingent upon approval by shareholders at the 32nd Annual General Meeting (AGM) scheduled for Friday, July 17, 2026, at 11:00 A.M. IST via Video Conferencing. Eligible shareholders whose names appear in the Register of Members as on the record date will receive the dividend on or after Friday, July 17, 2026.

The Register of Members and Share Transfer Books of the company will remain closed from Saturday, July 11, 2026, to Friday, July 17, 2026 (both days inclusive). The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting prior to the AGM and e-voting during the meeting. Members holding shares as on the cut-off date of Friday, July 10, 2026, are entitled to vote.

E-voting and Scrutinizer Details

The remote e-voting facility will be available from Tuesday, July 14, 2026, at 9:00 A.M. IST to Thursday, July 16, 2026, at 5:00 P.M. IST. The Electronic Voting Event Number (EVEN) is 139732. Members who cast their votes remotely may attend the AGM but will not be entitled to vote again. The company has appointed Mr. Kapil Dev Taneja, Partner of M/s. Sanjay Grover & Associates, as the Scrutinizer for the voting process.

Key AGM and Dividend Dates

The Notice convening the AGM and the Integrated Annual Report for the financial year ended March 31, 2026, were dispatched electronically on Thursday, June 25, 2026. Members holding shares in physical form are requested to update their email addresses with the company's Registrar and Share Transfer Agent, NSDL Database Management Limited, to ensure timely receipt of communications.