544480
JSW Cement Ltd
BSELast Traded Price
₹125.25
-1.25 (-0.99%)
Open
₹126.40
High
₹127.00
Low
₹124.65
Prev Close
₹126.50
Industry
Construction Materials
Market Cap
17,076.15 Cr
Filing History
Recent corporate announcements and filings for 544480
Business Update
Neutral
2026-08-28 17:44
- JSW Cement Limited filed an Investor Presentation dated August 2026 pursuant to Regulation 30 of SEBI Listing Regulations.
- The presentation covers the company's Q1 FY27 financial performance, growth strategy, and sustainability initiatives.
- The information is also available on the company's website.
Business Update
Negative
2026-08-26 19:44
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from Haldia CGST & CX Commissionerate on August 25, 2026, alleging wrongful ITC availment of ₹13.90 Crores for FY 2020-21. It proposes recovery plus interest and penalty. The company is filing a reply, stating no material financial impact.
Business Update
Negative
2026-08-21 15:39
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from the Office of the Additional Commissioner, Central Tax (Audit), Guntur, on August 20, 2026.
- The notice alleges GST contraventions for FY 2020-21 to 2022-23, including irregular discount reduction, short GST payment, ITC issues, and non-payment of reverse charge tax.
- The proposed demand is ₹81.03 Crores (GST, interest, and equivalent penalty).
- The company is in the process of filing a reply and states there is no material financial impact.
Business Update
Positive
2026-08-19 20:07
- Q1 FY27 Consolidated Revenue grew 22% YoY to ₹1,896 crores, with total sales volumes up 15% YoY (cement volumes up 27% YoY).
- Consolidated Operating EBITDA for Q1 FY27 declined 7.5% YoY to ₹299 crores, impacted by cost pressures (fuel, packing) and significant marketing investment in the new North region.
- North region operations, which incurred a ₹40 crore loss (including ₹33 crore marketing spend) in Q1, are expected to achieve EBITDA break-even by Q2 FY27.
- The company maintains an overall guidance of "high teens" growth for FY27, including North and GGBS.
- FY27 capex is projected at ₹2,300 crores as part of a larger plan to expand capacity from 24.1 MTPA to 43.5 MTPA, requiring ₹7,500-7,600 crores over the next few years.
- Net Debt to EBITDA is at 2.95 times, with an internal target to keep it below 3.0x.
- Substantial progress has been made on cost-reducing initiatives like WHRS, OLBC, and AFR co-processing systems, expected to commission in the next few weeks.
- Fuel costs are anticipated to decrease from Q3 onwards as the company shifts to domestic coal.
- GGBS volume growth outlook for FY27 is revised to "high single-digits" due to temporary Q1 impacts, while the long-term outlook remains positive given robust infra project pipeline.
- Green energy share reached 30% in Q1 and is on track to hit 60%+ by end of FY27.
Business Update
Negative
2026-08-19 15:58
CRITICAL RED FLAG DETECTED
- JSW Cement received a Show Cause cum Demand Notice from Central Tax (Audit), Kolkata (dated August 18, 2026).
- Allegations include ineligible/excess Input Tax Credit and short payment of GST for FY20-24.
- Total GST demand is Rs. 10.26 Cr plus interest/penalty. Company is filing a reply and claims no material impact.
Business Update
Neutral
2026-08-14 15:41
- Audio recording of the Results Conference Call held on August 14, 2026, to discuss the Unaudited Standalone and Consolidated Financial Results for the quarter and year ended June 30, 2026, has been uploaded on the company website.
Business Update
Neutral
2026-08-13 21:06
- JSW Cement announced a conference call on Friday, 14th August, 2026 at 10:00 a.m. (Indian Standard Time) to discuss the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026 (Q1 FY27).
- An Investor Presentation related to the results is enclosed with the filing.
Financials
Neutral
2026-08-13 20:59
- Q1 FY27 Consolidated Revenue ₹1,896Cr vs ₹1,560Cr (▲22% YoY)
- Operating EBITDA ₹298.6Cr vs ₹321.1Cr (▼7% YoY)
- PAT ₹153.4Cr (Previous year's PAT not provided)
- Operating EBITDA Margin 15.75% vs 20.58% (▼483 bps)
- Total Volume Sold increased 15% YoY to 3.81 Million Tonnes
- Commencement of sales in the North region from newly commissioned Nagaur unit in Q1 FY27
Financials
Positive
2026-08-13 20:47
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹1,970.19Cr vs ₹1,581.87Cr (▲24.55% YoY)
- EBITDA ₹311.27Cr vs ₹322.78Cr (▼3.57% YoY)
- PAT ₹153.43Cr vs ₹(1,366.41)Cr (Significant improvement from loss to profit)
- EBITDA Margin 15.80% vs 20.40% (▼460bps)
- Board approved raising funds up to ₹500 crores through Non-Convertible Debentures.
Financials
Positive
2026-08-13 20:41
- Q1 FY27 Consolidated Revenue ₹1,896.41Cr vs ₹1,559.82Cr (▲21.6% YoY)
- EBITDA ₹311.27Cr vs ₹322.88Cr (▼3.6% YoY)
- PAT ₹153.43Cr vs ₹(1,366.41)Cr (Moved from loss to profit YoY)
- EBITDA Margin 16.41% vs 20.70% (▼429bps)
- Board approved raising funds of up to ₹500 crores through Non-Convertible Debentures on a private placement basis.
Business Update
Positive
2026-08-13 20:10
- JSW Cement Limited's Board approved participation in the proposed Initial Public Offering (IPO) of JSW One Platforms Limited (JOPL) as a Promoter Selling Shareholder.
- The company will offer Sale Shares in JOPL aggregating up to ₹123.00 Crores.
Financials
Positive
2026-08-13 19:17
- Q1 FY27 Consolidated Revenue ₹1,896.41Cr vs ₹1,559.82Cr (▲21.58% YoY)
- EBITDA ₹385.05Cr vs ₹(1,121.55)Cr (Significant turnaround YoY)
- PAT ₹153.43Cr vs ₹(1,366.41)Cr (Significant turnaround YoY)
- EBITDA Margin 20.30% vs (71.90)% (Significant expansion)
- Board approved raising of funds up to ₹500 crores through Non-Convertible Debentures on a private placement basis.
Business Update
Neutral
2026-08-11 17:39
- Concall Schedule
- Concall Date: Friday, 14th August 2026
- Concall Time: 10:00 AM IST
Governance
Neutral
2026-08-10 18:40
- JSW Cement Limited Board Meeting on August 13, 2026.
- To consider Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- Also to consider raising funds via Non-Convertible Debentures (NCDs).
Business Update
Neutral
2026-08-06 16:54
- JSW Cement Limited management to participate in institutional investor meetings.
- First meeting: Equirus Annual India Conference on 14th August 2026 in Mumbai.
- Second meeting: Goldman Sachs - Asia Leaders Conference from 31st August - 1st September 2026 in Hong Kong.
- No Unpublished Price Sensitive Information (UPSI) will be shared.
Business Update
Neutral
2026-08-06 16:35
- Concall Schedule
- Concall Date: Friday, August 14, 2026
- Concall Time: 10:00 AM IST
- Purpose: To discuss Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 (Q1FY27).
Governance
Neutral
2026-08-03 17:38
- Board meeting on August 13, 2026, to approve Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- Trading window for designated persons and their relatives is closed from July 1, 2026, to August 15, 2026.
Governance
Positive
2026-07-31 20:26
- The 20th Annual General Meeting (AGM) of JSW Cement Limited was held on July 31, 2026, via Video Conferencing/OAVM.
- All items of business, including the adoption of the audited financial statements for FY 2025-26 and the re-appointment of Mr. Seshagiri Rao MVS as a Director, were approved with the requisite majority.
- A dividend of ₹0.50/- per Equity Share was declared.
Governance
Positive
2026-07-31 20:13
- The 20th Annual General Meeting (AGM) of JSW Cement Limited was held on July 31, 2026, through Video Conferencing/Other Audio Visual Means.
- All items of business, including the adoption of audited financial statements for FY2025-26, were approved by the members.
- A dividend of ₹0.50/- per Equity Share (5%) was declared.
- Mr. Seshagiri Rao MVS was re-appointed as a Director.
- The Chairman noted the company's listing in FY25-26 as a defining milestone and updated on business operations, expansion, financial performance, and growth.
Business Update
Positive
2026-07-24 18:59
- JSW Cement Limited is providing a Corporate Guarantee of USD 29.24 million for its wholly-owned subsidiary JSW Cement Middle East L.L.C -SPC.
- The guarantee is for a loan to set up a new 1.65 MTPA Cement Grinding Unit in Fujairah, UAE.
Business Update
Positive
2026-07-17 19:47
- JSW Steel's Board approved participating in JSW One Platforms Ltd.'s IPO as a Promoter Selling Shareholder.
- JSW Steel will offer shares worth up to ₹811 Crores.
- This is subject to regulatory clearances and market conditions.
Business Update
Positive
2026-07-14 13:15
- JSW Cement Limited's credit rating upgraded by India Ratings and Research (Ind-Ra).
- Long-term bank facilities (₹3249 Cr) upgraded from IND A+ to IND AA-.
- Short-term bank facilities affirmed at IND A1+.
Governance
Positive
2026-07-13 18:45
- JSW Cement Limited announced the results of its Postal Ballot and Scrutinizer Report dated 13th July, 2026.
- Members approved the re-appointment of Mr. Nilesh Narwekar as Whole-time Director & CEO (Ordinary Resolution) with 97.55% votes in favor.
- Members also approved the re-appointment of Mr. Sumit Banerjee as an Independent Director (Special Resolution) with 99.47% votes in favor.
- All resolutions were passed with the requisite majority.
Governance
Neutral
2026-07-13 18:40
- JSW Cement Limited announced the voting results of its Postal Ballot, conducted between June 13, 2026, and July 12, 2026.
- Members approved the re-appointment of Mr. Nilesh Narwekar as Whole-time Director and Chief Executive Officer with 97.55% votes in favour.
- Members also approved the re-appointment of Mr. Sumit Banerjee as an Independent Director with 99.47% votes in favour.
- Both resolutions were passed with the requisite majority.
Routine
Neutral
2026-07-09 19:36
New Filing detected. See link for details.
Governance
Neutral
2026-07-09 17:18
- JSW Cement Limited submitted its Integrated Annual Report for the Financial Year 2025-26.
- The 20th Annual General Meeting (AGM) is scheduled for Friday, July 31, 2026, at 12:00 p.m. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- The Integrated Annual Report and AGM Notice are available on the company and KFin Technologies websites.
Business Update
Positive
2026-07-09 17:05
- JSW Cement Limited filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26.
- The report outlines the company's approach to ESG risks and opportunities, including a commitment to achieve Net Zero Concrete by 2050.
- It highlights the expansion of its clean energy portfolio from 21.5% to 24% in FY26.
Financials
Positive
2026-07-09 16:49
- JSW Cement Limited filed its Integrated Annual Report for FY 2025-26, along with the Notice for the 20th Annual General Meeting (AGM).
- The AGM is scheduled for Friday, 31st July 2026, at 12:00 p.m. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- The Annual Report is available on the company website and KFin Technologies Limited website.
Financials
Positive
2026-07-01 16:40
- Record date for dividend payment fixed as Friday, July 10, 2026.
- For eligible shareholders for the financial year ended March 31, 2026.
Governance
Neutral
2026-07-01 16:12
- JSW Cement Limited will hold its 20th Annual General Meeting (AGM) on Friday, 31st July, 2026.
- The meeting will be conducted via Video Conference/Other Audio Visual Means.
Routine
Neutral
2026-06-29 19:02
- The trading window for dealing in the Company's shares by Designated Persons and their immediate relatives will close from July 1, 2026.
- It will remain closed until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Governance
Neutral
2026-06-11 19:45
- JSW Cement Limited initiated a Postal Ballot for the re-appointment of Mr. Nilesh Narwekar as Whole-time Director and CEO, and Mr. Sumit Banerjee as an Independent Director for a second term.
- The e-voting period for members will be from June 13, 2026, to July 12, 2026.
Business Update
Positive
2026-05-26 19:49
Management expressed optimism about the Indian economy and long-term cement demand despite near-term softness in April 2026 due to inflation, elections, and labor shortages. They expect mid-to-high teens volume growth (excluding North) in FY27. The Nagaur integrated plant commenced operations in March 2026, targeting 50-60% utilization in FY27. The company guided for Capex of INR2,300 Cr in FY27 and INR2,200 Cr in FY28. Cost savings of ~INR100/ton are expected in FY27, driven by green energy adoption (targeting 63% from 24% in FY26), logistics, and premiumization. The long-term capacity guidance of 43 MTPA by FY30 remains intact, with a delayed Punjab expansion being compensated by adding 2.5 MTPA grinding capacity at Nagaur by Q4 FY28. A 25% tax rate is assumed from FY27.
Routine
Neutral
2026-05-26 17:19
JSW Cement Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by M/s. S.K. Jain & Co., confirms that the company has complied with Regulation 24A(2) of SEBI Listing Regulations, 2015, with no non-compliances, resignations of statutory auditors, or regulatory actions noted during the review period.