JK Cement Ltd

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA+ by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 24% and profit rose 6.3% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 46% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 38.4 times its yearly earnings (P/E), cheaper than 70% of the time in the last 5 years. Its usual P/E is about 28.

JK Cement Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)38.4 against a typical 32.3: pricier than most peers (1st = cheapest).26th of 40
• Sales growth+23.7% against a typical +9.4% from a year earlier.8th of 37
• Profit growth+6.3% against a typical −31.3% from a year earlier.6th of 28
• Share price, 3 months−11.6% against a typical −13.2%.14th of 39

Exchange filings and their impact on the company.

• 28 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice +1.9% that day
  Strong 19% volume growth and Rs20/bag price hike support 11-15% revenue growth, but fuel surge to Rs2/kcal and heavy capex will squeeze margins and lift net debt toward Rs6,000cr.

  JK Cement reported Q2 net sales up 21% to Rs3,561 crore on 19% higher grey volumes, with H1 sales of Rs7,457 crore and EBITDA of Rs1,138 crore. Management maintained FY27 guidance of 23mt-plus volumes, flagged fuel cost rising from Rs1.71 to ~Rs2.0 per kcal, and noted a Rs20 per bag price hike from mid-September. It also updated on Jaisalmer and Bikaner commissioning in H1 FY28, Bathinda by Sep 2027, a Rs130 crore paint plant, and net debt of Rs4,571 crore peaking near Rs6,000 crore.

  Full analysisFiling
• 24 Oct 2026Outcome of Board MeetingLow impactPositivePrice +1.7% on 26 Oct
  JK Maxx to add 75,000 KLPA paints plant for Rs 130 cr, with spend in next 12 months but no new revenue.

  JK Cement's board on Oct 24, 2026 approved Q2 and H1 FY27 results along with other items. Its wholly owned JK Maxx Paints will set up a new 75,000 KLPA water-based paint plant at Suryapet, Telangana for about Rs 130 crore, against existing 73,000 KLPA at Bhiwadi running at 60% utilisation. The plant, funded within the earlier Rs 600 crore paints approval, is expected to commission about 12 months after construction starts as Bhiwadi is seen filling up by FY27-28.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Madhavkrishna Singhania

Chief Executive Officer, Joint Managing Director, Executive Director

Ajay Kumar Saraogi

Chief Financial Officer, Deputy Managing Director, Executive Director

Andleeb Jain

Group President - People, Culture and Digital

Amit Kothari

Chief Executive Officer JK Cement Works UAE, Whole Time Director

Ajay Mathur

Chief Executive Officer

Bhumika Sood

Chief Compliance Officer, Company Secretary

Raghavpat Singhania

Managing Director, Executive Director