JSW Cement Reports Q4 FY26 Results And FY2026 Performance
ECONOMY & POLICY

JSW Cement Reports Q4 FY26 Results And FY2026 Performance

JSW Cement reported consolidated results for the quarter and year ended 31 March 2026, with total volume sold rising to 3.99 million (mn) tonne (t) in Q4 FY26 from 3.73 mn t a year earlier, a seven per cent increase.

Quarterly revenue was Rs 18,950 mn, up 11 per cent, while operating EBITDA increased to Rs 3,650 mn, a 46 per cent rise, taking the operating EBITDA margin to 19.3 per cent.

Profit after tax for the quarter was Rs 3,617 mn and net debt stood at Rs 36,350 mn.

For FY2026, total volumes sold rose to 13.96 mn t, up 11 per cent, with cement sales of 7.73 mn t and GGBS sales of 5.78 mn t.

Annual revenue was Rs 65,120 mn and operating EBITDA was Rs 12,403 mn, a 44 per cent year on year improvement with a 19.0 per cent margin.

Adjusted profit after tax for the year was Rs 6,676 mn and the board proposed a dividend of Rs 0.5 per equity share of face value Rs 10, subject to approval.

The company completed its listing on the NSE and BSE in August 2025 and recorded a non?cash fair value expense of Rs 14,664 mn arising from CCPS conversion earlier in the year, with no CCPS expense in Q4.

Shiva Cement commissioned a 1.0 MTPA grinding unit at Sambalpur and the Nagaur integrated plant began production with a 3.3 MTPA clinkerisation unit and initial 2.5 MTPA grinding capacity.

Capital expenditure in Q4 and for FY2026 totalled Rs 5,060 mn and Rs 19,620 mn respectively.

The board approved an additional 2.5 MTPA grinding expansion at Nagaur at an estimated investment of Rs 4,300 mn, raising Nagaur grinding capacity to 6.0 MTPA.

The company recognised a Rs 2,112.1 mn reduction in net deferred tax liabilities in Q4 FY26 on adopting the new tax regime and plans a pan?India footprint with planned grinding capacity of 46.00 MTPA and clinker capacity of 13.04 MTPA.

JSW Cement reported an industry?low carbon dioxide emission intensity of 268 kg CO2 per t and received several safety and innovation awards.

JSW Cement reported consolidated results for the quarter and year ended 31 March 2026, with total volume sold rising to 3.99 million (mn) tonne (t) in Q4 FY26 from 3.73 mn t a year earlier, a seven per cent increase. Quarterly revenue was Rs 18,950 mn, up 11 per cent, while operating EBITDA increased to Rs 3,650 mn, a 46 per cent rise, taking the operating EBITDA margin to 19.3 per cent. Profit after tax for the quarter was Rs 3,617 mn and net debt stood at Rs 36,350 mn. For FY2026, total volumes sold rose to 13.96 mn t, up 11 per cent, with cement sales of 7.73 mn t and GGBS sales of 5.78 mn t. Annual revenue was Rs 65,120 mn and operating EBITDA was Rs 12,403 mn, a 44 per cent year on year improvement with a 19.0 per cent margin. Adjusted profit after tax for the year was Rs 6,676 mn and the board proposed a dividend of Rs 0.5 per equity share of face value Rs 10, subject to approval. The company completed its listing on the NSE and BSE in August 2025 and recorded a non?cash fair value expense of Rs 14,664 mn arising from CCPS conversion earlier in the year, with no CCPS expense in Q4. Shiva Cement commissioned a 1.0 MTPA grinding unit at Sambalpur and the Nagaur integrated plant began production with a 3.3 MTPA clinkerisation unit and initial 2.5 MTPA grinding capacity. Capital expenditure in Q4 and for FY2026 totalled Rs 5,060 mn and Rs 19,620 mn respectively. The board approved an additional 2.5 MTPA grinding expansion at Nagaur at an estimated investment of Rs 4,300 mn, raising Nagaur grinding capacity to 6.0 MTPA. The company recognised a Rs 2,112.1 mn reduction in net deferred tax liabilities in Q4 FY26 on adopting the new tax regime and plans a pan?India footprint with planned grinding capacity of 46.00 MTPA and clinker capacity of 13.04 MTPA. JSW Cement reported an industry?low carbon dioxide emission intensity of 268 kg CO2 per t and received several safety and innovation awards.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code