Prism Johnson Inks Cement Supply Deal with Jabalpur Cement Industries, Boosts Local Availability in Madhya Pradesh
Prism Johnson has entered into a cement supply agreement with Jabalpur Cement Industries Private Limited (JCIPL) to enhance its presence in Madhya Pradesh. The agreement, starting August 18, 2025, will source cement from Prism Johnson's Jogidhana plant, with JCIPL manufacturing 0.09 MT annually according to Prism Johnson's specifications. This strategic move will increase Prism Johnson's grinding capacity from 1.08 MTPA to 1.17 MTPA initially, and to 1.38 MTPA by September 30, 2025. Madhya Pradesh accounted for about 19% of Prism Johnson's cement sales volume in FY2025.
08Aug 25
Prism Johnson Boosts Stake in Sentini Cermica to 90% with ₹49.68 Crore Rights Issue
Prism Johnson Limited has increased its stake in Sentini Cermica Private Limited from 50% to 90% through a ₹49.68 crore investment in a rights issue. This move transforms Sentini Cermica from a joint venture into a subsidiary of Prism Johnson, strengthening its position in the ceramic tiles segment. Sentini Cermica, incorporated in 2002, manufactures ceramic tiles in Vijaywada, Andhra Pradesh. The company's turnover for FY 2024-25 was ₹71.12 crore, down from ₹78.40 crore in FY 2023-24 and ₹89.68 crore in FY 2022-23.
07Aug 25
Prism Johnson Reports Q1 Results, Approves ₹500 Crore Capital Raising Plan
Prism Johnson Limited announced Q1 FY24 results with 7.8% YoY revenue growth to ₹1,921.75 crores and 12.6% EBITDA growth to ₹174.00 crores. The company reported a net profit of ₹2.54 crores, compared to a loss in the previous year. The Cement Division saw 18.1% revenue growth and improved EBITDA per tonne. The HRJ Division's revenue grew 1.4%, while the RMC Division faced a 4.9% revenue decline. The Board approved a capital raising plan of up to ₹500 crores through various instruments. Mr. Nitesh Mathur was designated as Senior Management Personnel for the Johnson Bath Division.
07Aug 25
Prism Johnson Reports 10% Revenue Growth and Narrower Losses in Q1 FY2026
Prism Johnson Limited's Q1 FY2026 results show significant improvements. Consolidated revenue increased 10% to ₹1,921.75 crores. Net loss narrowed to ₹5.56 crores from ₹18.26 crores in Q1 FY2025. Cement and HRJ segments saw revenue growth, while RMC slightly declined. EBITDA improved to ₹168 crores with an 8.76% margin. The company's net worth rose to ₹1,486.76 crores, and debt-to-equity ratio improved to 0.69. The Board approved a proposal to raise up to ₹500 crores for growth initiatives.
04Aug 25
Prism Johnson Limited to Consider Capital Raising Proposal in Upcoming Board Meeting
Prism Johnson Limited has scheduled a board meeting for August 7, 2025, to consider a proposal for raising capital through various financial instruments. The company is exploring options including issuing equity shares, convertible preference shares, non-convertible debt instruments with warrants, and other eligible securities. The capital raising methods under consideration include public issues, private placements, qualified institutions placements, preferential issues, and rights issues. The proposal is subject to regulatory approvals and shareholder consent. As a precautionary measure, the company has closed its trading window from July 1, 2025, until 48 hours after the board meeting outcomes are made public.
25Jun 25
Prism Johnson Boosts Stake in Raheja QBE General Insurance Subsidiary
Prism Johnson Ltd, a leading integrated building materials company, has participated in a rights issue to increase its investment in its subsidiary, Raheja QBE General Insurance Company Limited. The move aims to strengthen Prism Johnson's position in the insurance sector and diversify its portfolio. Specific details about the investment amount and terms were not disclosed. Raheja QBE General Insurance is a joint venture between Prism Johnson and Australia's QBE Insurance Group.
15May 25
Prism Johnson Reports Strong Q4 Financial Performance with Soaring Net Profit
Prism Johnson Limited, a leading integrated building materials company, has reported a significant financial turnaround in Q4 FY2023. The company posted a consolidated net profit of ₹120.00 crore, compared to a ₹30.00 crore loss in Q4 FY2022. EBITDA increased to ₹1.87 billion from ₹1.11 billion, with the EBITDA margin improving to 8.90% from 5.44%. Revenue slightly increased to ₹21.00 billion from ₹20.40 billion year-over-year. This performance indicates a strong recovery and effective management strategies, potentially driven by increased demand, cost optimization, and improved operational efficiencies.
02Apr 25
Prism Johnson's Partner RLJ Cement Nears Completion of Capacity Expansion
Prism Johnson reports that RLJ Cement is finalizing a capacity increase of 0.36 MTPA at its Mirzapur plant, bringing total capacity to 0.66 MTPA. The project's completion is now expected by June 30, 2025, slightly delayed from the initial March 2025 target. Prism Johnson assures no impact on its Uttar Pradesh operations, with demand to be met from its Satna plants. The company's outsourced grinding capacity is set to increase from 1.30 MTPA to 1.44 MTPA by June 2025.
25Mar 25
Prism Johnson Secures 'Preferred Bidder' Status for Limestone Mining Leases in Madhya Pradesh
Prism Johnson Limited has been declared the preferred bidder for two limestone mining leases in Satna District, Madhya Pradesh. The leases cover areas of 416.73 hectares and 264.16 hectares respectively. This development could secure raw material supply for the company's cement operations, potentially improving cost efficiency and supporting future expansion plans. The final acquisition depends on completing necessary procedures and obtaining approvals from the Madhya Pradesh government.
24Mar 25
Prism Johnson Appoints Sanjay Roy as New CEO, Announces Key Management Changes
Prism Johnson Limited has announced significant changes to its senior management team. Sanjay Roy, with 32 years of industry experience, will become the new Chief Executive Officer for the Ready-mixed Concrete (RMC) business, effective March 24, 2025. The company also appointed Gopal Bihani, Samir Jana, and Anoop Sreekumar to senior management positions, focusing on business expansion, plant operations, and emerging business segments respectively.