JSWCEMENT
JSW Cement Limited
NSE BSELast Traded Price
₹121.39
-2.53 (-2.04%)
Open
₹123.69
High
₹123.69
Low
₹120.8
Prev Close
₹123.92
Industry
Cement & Cement Products
Market Cap
16544.43 Cr
Filing History
Recent corporate announcements and filings for JSWCEMENT
Business Update
Neutral
2026-11-03 16:44
Concall Schedule
Concall Date: 17th Nov 2026, 18th Nov 2026, and 26th Nov 2026
Concall Time: Not Specified
Business Update
Neutral
2026-11-03 16:31
Concall Schedule
Concall Date: 17th Nov 2026, 18th Nov 2026, and 26th Nov 2026
Concall Time: Physical meetings at JM Financial Annual India Conference, Avendus Spark INDX, and Kotak Midcap Conference in Mumbai
Financials
Neutral
2026-11-02 16:27
Q2 FY27 Consolidated Revenue ₹1,912Cr vs ₹1,438Cr (▲33% YoY)
EBITDA ₹295Cr vs ₹284Cr (▲4% YoY)
PAT ₹77Cr vs ₹74Cr (▲4% YoY)
EBITDA Margin 15.4% vs 19.7% (▼430bps)
Business Update
Positive
2026-11-02 16:08
Current scenario
- Q2 FY27 consolidated revenue grew 33% YoY to INR1,912 crores, driven by a 26% YoY increase in total volumes to 3.93 million tons.
- Consolidated operating EBITDA stood at INR278 crores (up 4% YoY), with an EBITDA per ton of INR708.
- North operations achieved EBITDA breakeven during the quarter with a positive contribution of INR3 crores.
- Net debt at the end of September stood at INR4,287 crores with a net debt-to-EBITDA of 3.2x.
Changes in trends
- Cement realizations softened by 3% QoQ due to regional mix changes, though price increases were observed in September and October across zones.
- Blended fuel costs increased from INR1.80 per MCal in Q1 to INR1.84 per MCal in Q2, with expectations to reach INR2.10 per MCal in Q3.
- Green energy share improved to 41% following the addition of 36 MW of wind capacity.
Management Guidance & Outlook
- Management maintains a constructive demand outlook for the remainder of the year, supported by infrastructure execution and price increases to offset elevated fuel costs.
- The company expects further clinker cost reductions of INR550 to INR600 per ton in Q3 and Q4 following the commissioning of WHRS, AFR, and OLBC at Nagaur.
- Capex guidance for FY27 remains intact at INR2,200 to INR2,300 crores, and net debt-to-EBITDA is targeted to stay around 3x before reducing below 3x in coming years.
Financials
Neutral
2026-10-28 19:15
- JSW Cement Limited has informed the Exchange that CRISIL Ratings has reaffirmed its credit ratings.
- Long-term bank facilities (₹5,800 Crore) reaffirmed at CRISIL AA-/Stable.
- Short-term bank facilities, Short Term Debt (₹110 Crore), and Commercial Paper (₹100 Crore) reaffirmed at CRISIL A1+.
Business Update
Positive
2026-10-28 18:59
- CRISIL Ratings has reaffirmed the credit ratings of JSW Cement Limited on October 28, 2026.
- Long-term bank facilities (₹5,800 Cr) reaffirmed at CRISIL AA-/Stable.
- Short-term bank facilities, short-term debt (₹110 Cr), and commercial paper (₹100 Cr) reaffirmed at CRISIL A1+.
Business Update
Neutral
2026-10-28 18:46
- Audio recording of the Results Conference Call held on October 28, 2026, has been made available.
- Call discussed Q2 and H1 FY27 unaudited standalone and consolidated financial results.
- Recording is uploaded on the company website.
Business Update
Neutral
2026-10-28 18:23
- Audio recording of the Results Conference Call held on October 28, 2026, has been made available on the company's website.
- The call pertained to the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026.
Business Update
Neutral
2026-10-27 20:20
- JSW Cement released its Q2 FY27 results investor presentation.
- Current grinding capacity stands at 25.10 MTPA and clinker capacity at 9.74 MTPA across multi-regional footprint.
- Approved expansion plan targets 43.3 MTPA grinding capacity by CY 2028, with a long-term roadmap targeting 68.3 MTPA.
Business Update
Neutral
2026-10-27 20:10
- JSW Cement released its Q2 FY27 Investor Presentation detailing operations and expansion plans.
- Current grinding capacity stands at 25.10 MTPA across 8 units, with clinker capacity at 9.74 MTPA.
- Approved expansion targets 43.3 MTPA grinding capacity by CY 2028, with long-term potential to reach 68.3 MTPA.
Business Update
Positive
2026-10-27 19:57
- Q2 FY27 Revenue grew 33% YoY to ₹1,912 Cr; sales volume rose 26% YoY to 3.93 MT.
- Operating EBITDA increased 4% YoY to ₹277.8 Cr; PAT stood at ₹77.6 Cr.
- Approved amalgamation of Shiva Cement into JSW Cement with a share swap ratio of 5:41.
Business Update
Positive
2026-10-27 19:56
- Q2 FY27 Revenue increased 33% YoY to ₹1,912 crore.
- Total sales volume grew 26% YoY to 3.93 MT; Operating EBITDA rose 4% to ₹277.8 crore.
- Consolidated PAT stood at ₹77.6 crore; Net debt was ₹4,287 crore.
- Approved amalgamation of Shiva Cement into JSW Cement (share swap ratio 5:41).
Financials
Neutral
2026-10-27 19:01
Q2 FY27 Consolidated Revenue ₹1,912.15 Cr vs ₹1,436.43 Cr (▲33.1% YoY)
EBITDA ₹297.82 Cr vs ₹277.43 Cr (▲7.4% YoY)
PAT ₹77.63 Cr vs ₹75.36 Cr (▲3.0% YoY)
EBITDA Margin 15.6% vs 19.3% (▼374bps)
Board approved 2.0 MTPA capacity additions each at Vijayanagar (₹509 Cr) and Dolvi (₹569 Cr), and a ₹60 Cr corporate guarantee for subsidiary JSW Green Cement.
Financials
Neutral
2026-10-27 18:55
Q2 FY27 Consolidated Revenue ₹1,912.15Cr vs ₹1,436.43Cr (▲33% YoY)
EBITDA ₹297.82Cr vs ₹277.43Cr (▲7% YoY)
PAT ₹77.63Cr vs ₹75.36Cr (▲3% YoY)
EBITDA Margin 15.58% vs 19.31% (▼373bps)
Financials
Positive
2026-10-27 18:50
Q2 FY27 Consolidated Revenue ₹1,912.15Cr vs ₹1,436.43Cr (▲33% YoY)
EBITDA ₹297.82Cr vs ₹277.43Cr (▲7% YoY)
PAT ₹77.63Cr vs ₹75.36Cr (▲3% YoY)
EBITDA Margin 15.6% vs 19.3% (▼373bps)
- Board approved capacity additions: 2.0 MTPA GGBS at Vijayanagar (₹509 Cr) and 2.0 MTPA Grinding Unit at Dolvi (₹569 Cr), targeting commissioning in 2028.
Financials
Neutral
2026-10-27 18:49
Q2 FY27 Consolidated Revenue ₹1,912.15Cr vs ₹1,436.43Cr (▲33% YoY)
EBITDA ₹297.82Cr vs ₹277.43Cr (▲7% YoY)
PAT ₹77.63Cr vs ₹75.36Cr (▲3% YoY)
EBITDA Margin 15.6% vs 19.3% (▼373bps)
Approved capacity additions of 2.0 MTPA GGBS grinding unit at Vijayanagar (₹509 Cr) and 2.0 MTPA grinding unit at Dolvi (₹569 Cr)
Financials
Neutral
2026-10-27 18:48
Q2 FY27 Consolidated Revenue ₹1,912.15Cr vs ₹1,436.43Cr (▲33.1% YoY)
EBITDA ₹297.82Cr vs ₹277.43Cr (▲7.4% YoY)
PAT ₹77.63Cr vs ₹75.36Cr (▲3.0% YoY)
EBITDA Margin 15.6% vs 19.3% (▼374bps)
Financials
Neutral
2026-10-27 18:44
Q2 FY27 Consolidated Revenue ₹1,912.15Cr vs ₹1,436.43Cr (▲33.1% YoY)
EBITDA ₹297.82Cr vs ₹277.43Cr (▲7.4% YoY)
PAT ₹77.63Cr vs ₹75.36Cr (▲3.0% YoY)
EBITDA Margin 15.6% vs 19.3% (▼374bps)
Financials
Neutral
2026-10-27 18:36
Q2 FY27 Consolidated Revenue ₹1,912.15 Cr vs ₹1,436.43 Cr (▲33% YoY)
EBITDA ₹297.82 Cr vs ₹277.43 Cr (▲7% YoY)
PAT ₹77.63 Cr vs ₹75.36 Cr (▲3% YoY)
EBITDA Margin 15.6% vs 19.3% (▼373bps)
Board approved capacity addition of 2.0 MTPA at Vijayanagar (₹509 Cr) and 2.0 MTPA at Dolvi (₹569 Cr)
Business Update
Neutral
2026-10-19 11:33
Concall Schedule
Concall Date: 28th October 2026
Concall Time: 10:30 AM IST
Business Update
Neutral
2026-10-19 11:28
Concall Schedule
Concall Date: 28th October 2026
Concall Time: 10:30 a.m. IST
Routine
Neutral
2026-10-17 19:11
- Intimation under Regulation 30 of SEBI Listing Regulations.
- General compliance filing without specific financial or material operational details provided.
Business Update
Positive
2026-10-17 18:57
- The Hon'ble High Court of Orissa has ruled in favor of JSW Cement Limited regarding its writ petition on SGST reimbursement under IPR 2015.
- The Court set aside the retrospective amendment excluding cement units from SGST reimbursement.
- The Court directed the determination and release of the SGST claim with interest within four weeks.
Governance
Neutral
2026-10-16 12:39
- Board meeting scheduled on Tuesday, October 27, 2026.
- Agenda includes consideration and approval of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.
- Trading window remains closed from October 1, 2026, until October 29, 2026.
Business Update
Positive
2026-10-06 18:01
- JSW Cement successfully commissioned an additional 1.00 MTPA cement grinding unit at Nagaur, Rajasthan.
- Total installed grinding capacity increased to 25.10 MTPA.
- Total clinker manufacturing capacity stands at 9.74 MTPA.
- The expansion enhances ability to cater to Rajasthan, Haryana, Punjab, and NCR.
- Alternate Fuel Handling System and WHRS also commissioned.
Business Update
Positive
2026-10-06 17:52
JSW Cement successfully commissioned an additional 1.00 MTPA cement grinding unit at Nagaur, Rajasthan, taking the company's total installed grinding capacity to 25.10 MTPA.
- Total clinker manufacturing capacity stands at 9.74 MTPA.
- The expansion enhances the company's ability to cater to demand across Rajasthan, Haryana, Punjab, and the NCR.
- The company also commissioned the Alternate Fuel Handling System and Waste Heat Recovery system (WHRS) at the plant during the quarter ended September 30, 2026.
Business Update
Positive
2026-10-06 16:55
- JSW Cement has successfully commissioned an additional 1 MTPA grinding unit at Nagaur, Rajasthan.
- The Nagaur plant's total cement grinding capacity has increased to 3.50 MTPA.
- With this addition, the company's total overall cement grinding capacity has increased to 25.1 MTPA.
- Total clinker manufacturing capacity stands at 9.74 MTPA.
Business Update
Positive
2026-10-06 16:36
- JSW Cement successfully commissioned an additional 1 MTPA grinding unit at Nagaur, Rajasthan.
- The plant's local grinding capacity has increased to 3.50 MTPA.
- Total company-wide cement grinding capacity has increased to 25.1 MTPA.
- Total clinker manufacturing capacity stands at 9.74 MTPA.
Business Update
Positive
2026-09-29 21:06
JSW Cement Board approved a scheme of arrangement for the amalgamation of its subsidiary, Shiva Cement Limited, into JSW Cement to create a unified cement platform.
- Swap Ratio: JSW Cement will issue 5 equity shares (face value ₹10) for every 41 equity shares (face value ₹2) held in Shiva Cement (excluding JSW Cement's holding).
- Strategic Rationale: Business synergies, raw material procurement optimization via backward integration, financial synergies, and simplified corporate structure.
- Completion Timeline: Expected within 12-14 months, subject to regulatory and statutory approvals including NCLT and SEBI.
Business Update
Positive
2026-09-29 20:55
- JSW Cement board approved a scheme of arrangement for the amalgamation of its subsidiary Shiva Cement Limited into JSW Cement.
- Share exchange ratio set at 5 equity shares of JSW Cement (face value INR 10) for every 41 equity shares of Shiva Cement (face value INR 2).
- The merger aims to create a unified cement platform, optimize raw material procurement, and enhance operational and financial synergies.
- The transaction is subject to regulatory approvals and expected to complete within 12-14 months.
Business Update
Positive
2026-09-29 19:36
- JSW Cement Limited Board approved a Scheme of Arrangement for the amalgamation of its subsidiary Shiva Cement Limited into JSW Cement Limited.
- Share exchange ratio is set at 5 equity shares of JSW Cement (face value ₹10) for every 41 equity shares of Shiva Cement (face value ₹2).
- Appointed date for the amalgamation is April 01, 2026.
- The merger aims to achieve backward integration of clinker manufacturing, operational synergies, and a simplified corporate structure.
Business Update
Positive
2026-09-29 19:35
JSW Cement Limited approved a Scheme of Arrangement for the amalgamation of its subsidiary Shiva Cement Limited into itself with an Appointed Date of April 1, 2026.
- Share Exchange Ratio: 5 equity shares of JSW Cement (face value ₹10) for every 41 equity shares of Shiva Cement (face value ₹2).
- Rationale includes backward integration of clinker manufacturing, business synergies, cost reduction, and simplified corporate structure.
- No cash consideration is involved; Shiva Cement will dissolve without winding up.
Business Update
Positive
2026-09-29 19:22
- JSW Cement Limited approved the Scheme of Arrangement for the amalgamation of Shiva Cement Limited into JSW Cement Limited.
- Share exchange ratio is set at 5 Equity Shares of JSW Cement (face value ₹10) for every 41 Equity Shares of Shiva Cement (face value ₹2).
- Appointed date for the amalgamation is April 01, 2026, subject to regulatory and NCLT approvals.
- The restructuring involves the reorganization of reserves and adjustment of accounts against the Securities Premium Account for both companies.
Business Update
Positive
2026-09-29 19:22
JSW Cement Limited approved the Scheme of Arrangement for the amalgamation of Shiva Cement Limited (SCL) into JSW Cement Limited with an appointed date of April 1, 2026.
Share exchange ratio is set at 5 equity shares of JSW Cement (face value ₹10) for every 41 equity shares of Shiva Cement (face value ₹2).
The merger provides strategic benefits including backward integration of clinker manufacturing, operational synergies, and a simplified corporate structure.
Business Update
Positive
2026-09-25 00:30
- JSW One Platforms Limited has filed a Draft Red Herring Prospectus (DRHP) on 24th September, 2026 for its Initial Public Offer (IPO).
- The DRHP has been filed with SEBI, BSE, and NSE.
- The IPO is subject to regulatory approvals, market conditions, and other considerations.
Business Update
Positive
2026-09-25 00:24
- JSW One Platforms Limited has filed a Draft Red Herring Prospectus (DRHP) on September 24, 2026, with SEBI, BSE, and NSE for its Initial Public Offer (IPO).
- The proposed IPO consists of an equity shares offering.
- The offering is subject to regulatory approvals, market conditions, and other considerations.
Governance
Negative
2026-09-24 18:09
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from the Additional Commissioner of Central Tax, Belagavi Audit Commissionerate on September 24, 2026.
- The notice alleges short payment of GST amounting to ₹229.85 crore due to incorrect classification for the period between April 2022 and March 2024.
- Applicable interest and a 10% penalty under Section 73 of the CGST Act, 2017 have also been proposed.
- The company stated there is no material impact and is in the process of filing a formal reply.
Business Update
Neutral
2026-09-15 19:27
- Intimation of Analyst / Institutional Investor Meetings
- JSW Cement management will participate in the 2026 Jefferies India Forum on September 18, 2026, in Gurgaon.
- Management will also participate in the PL Capital Mid & Small Cap Conference 2026 on September 29, 2026, in Mumbai.
Business Update
Neutral
2026-09-15 19:20
- JSW Cement Limited management will participate in two institutional investor meetings:
- On 18th Sep 2026, at the 2026 Jefferies India Forum in Gurgaon.
- On 29th Sep 2026, at the PL Capital Mid & Small Cap Conference 2026 in Mumbai.
Routine
Positive
2026-09-08 18:48
- India Ratings and Research assigned 'IND AA-/Stable' rating to JSW Cement Limited's proposed non-convertible debentures (₹5,000 million).
- Affirmed 'IND AA-/Stable/IND A1+' rating for existing bank loan facilities (₹32,490 million).
Business Update
Positive
2026-09-08 18:43
- India Ratings and Research affirmed 'IND AA-/Stable/IND A1+' for bank loan facilities (₹32,490 million) of JSW Cement Limited.
- 'IND AA-/Stable' rating assigned to proposed non-convertible debentures (₹5,000 million).
Business Update
Negative
2026-08-29 18:33
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from the Joint Commissioner of State Tax, Jajpur on August 29, 2026, pursuant to a GST audit for FY 2022-23.
- The notice alleges short payment of tax and irregular availment of input tax credit.
- The total proposed demand, including tax, interest, and penalty, aggregates to ₹55,97,98,020/- (approx. ₹55.98 Crores).
- The Company is in the process of filing a reply and intends to contest the allegations, stating there is no material financial impact.
Governance
Negative
2026-08-29 18:27
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from the Joint Commissioner of State Tax on August 29, 2026. This pertains to a GST audit for FY 2022-23, alleging short payment of tax and irregular input tax credit.- The notice proposes a total demand of ₹55,97,98,020/-, including tax, interest, and penalty.- The company is in the process of filing a reply and states there is no material financial impact.
Business Update
Positive
2026-08-28 17:57
- JSW Cement filed an Investor Presentation dated August 2026 on 28.08.2026.
- The company has a current grinding capacity of 24.10 MTPA and clinker capacity of 9.74 MTPA.
- JSW Cement is India's single largest manufacturer of GGBS, with 41% of total volume sold as GGBS in FY26.
- It demonstrated strong CAGR (FY16-FY26) in Grinding Capacity (14.7%), Sales Volume (14.2%), and Operating EBITDA (15.6%).
- The company aims to grow to ~43 MTPA and develop a pan-India presence, emphasizing its lowest CO2 emission intensity.
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.
Governance
Negative
2026-08-26 19:49
CRITICAL RED FLAG DETECTED
- JSW Cement Limited received a Show Cause Notice from the Joint Commissioner, Haldia CGST & CX Commissionerate on August 25, 2026.
- The notice alleges wrong availment of excess ITC of ₹13.90 Cr during FY 2020-21, proposing recovery of this amount along with interest and penalty for alleged suppression of facts.
- The company is in the process of filing a reply in the said matter.
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.
Governance
Negative
2026-08-21 15:50
CRITICAL RED FLAG DETECTED
- JSW Cement received a Show Cause Notice from the Additional Commissioner, Central Tax (Audit), Guntur, on August 20, 2026.
- The notice demands GST aggregating to ₹81.03 Crores, along with applicable interest and penalty, for alleged contraventions during FY 2020-21 to FY 2022-23.
- Allegations include irregular reduction of post-sale discounts, short payment of GST, failure to furnish supply proof for SEZ units, and wrong/excess Input Tax Credit availment.
- The company is in the process of filing a reply and states there is no material impact on the company.
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.