JK Cement FY26 net profit rises 21% to ₹1,033 crore
J.K. Cement Limited reported a 21% rise in FY26 net profit to ₹1,033.34 crore, with consolidated revenue increasing to ₹13,722.30 crore. The board recommended a final dividend of ₹20 per share and approved the appointment of Dr. Sameer Sharma as an Additional Director. The audio recording of the earnings conference call held on May 25, 2026, is available on the company's website.

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J.K. Cement Limited has reported a 21% increase in net profit to ₹1,033.34 crore for the financial year ended March 31, 2026, compared to ₹851.27 crore in the previous year. Consolidated revenue from operations for FY26 stood at ₹13,722.30 crore, a rise from ₹11,879.15 crore in FY25. The board has recommended a final dividend of ₹20 (200%) per share, subject to shareholder approval. The audio recording of the earnings conference call held on May 25, 2026, regarding these audited financial results is now available on the company's website.
For the quarter ended March 31, 2026, the company recorded a net profit of ₹330.88 crore, compared to ₹173.61 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹3,887.50 crore from ₹3,463.07 crore year-on-year. However, EBITDA declined to ₹6.7 billion from ₹7.4 billion in the same period last year, with the EBITDA margin contracting to 18.2% from 21.8% due to cost pressures.
Financial Performance
The company's total income for the year ended March 31, 2026, reached ₹13,916.84 crore, while total expenses were reported at ₹12,425.30 crore. Profit before tax for the year was ₹1,443.85 crore. The basic and diluted earnings per share (EPS) for the year stood at ₹133.73, compared to ₹110.17 in the previous year.
| Metric | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Revenue from Operations (₹ crore) | 12,945.34 | 11,187.20 |
| Total Income (₹ crore) | 13,138.74 | 11,357.23 |
| Total Expenses (₹ crore) | 11,599.00 | 10,186.61 |
| Profit Before Tax (₹ crore) | 1,493.74 | 1,225.00 |
| Net Profit (₹ crore) | 1,033.34 | 851.27 |
| Basic and Diluted EPS (₹) | 133.73 | 110.17 |
The quarterly performance reflects a mixed picture, with top-line growth accompanied by margin compression at the EBITDA level. The key quarterly metrics are summarised below.
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations (₹ crore) | 3,683.93 | 3,212.82 |
| Net Profit (₹ crore) | 344.54 | 180.54 |
| EBITDA (₹ billion) | 6.7 | 7.4 |
| EBITDA Margin (%) | 18.2 | 21.8 |
Operational Updates
During the quarter ended March 31, 2026, the company commissioned a new 3 MnTPA Grey Cement grinding unit located at Buxar. It also increased its cement grinding capacity from 3.50 MnTPA to 4.50 MnTPA at its Muddapur plant. The investor presentation highlights a total Grey Cement capacity of 32.26 MTPA and White Cement and Wall Putty capacity of 3.05 MTPA. The company's green power capacity stands at 290.7 MW, including 119.3 MW from Waste Heat Recovery Systems and 171.4 MW from captive solar and wind power.
Board Decisions
The Board of Directors, at its meeting held on May 23, 2026, approved the audited financial results and the recommendation of the final dividend. Additionally, the board approved the appointment of Dr. Sameer Sharma as an Additional Director (Non-Executive Independent Director) for a term of five consecutive years, subject to shareholder approval. The re-appointment of Mr. Mudit Aggarwal as an Independent Director for a second and final term of five years was also approved. The statutory auditors, S.R. Batliboi & Co. LLP, issued an unmodified opinion on the audited financial results.
Historical Stock Returns for JK Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.32% | -1.82% | -4.83% | -4.83% | +1.96% | +85.33% |
What specific cost pressures drove the EBITDA margin contraction in Q4 FY26, and are these expected to persist?
How will the newly commissioned Buxar grinding unit and expanded Muddapur capacity contribute to revenue growth in FY27?
What is the company's capital allocation strategy regarding the balance between capacity expansion and the high dividend payout?


































