JK Cement Limited — Q2FY27 earnings call summary

Filed 28 October 2026 · Official transcript

Capex: Wall putty plant commissioned; Jaisalmer and Bikaner plants on track for H1 FY28
Fuel cost expected to rise to INR2 per Kcal in Q4; INR80-90 Cr impact per quarter
Capex guidance INR3,500 Cr FY27, then INR2,500 Cr annually for expansions
Coal block Mahan work started; operational by H1 FY29; cost INR1-1.25 per unit expected
No major packaging cost increase expected; maintenance routine
Net debt INR4,571 Cr; peak net debt expected ~INR6,000 Cr by FY29 with net debt/EBITDA ~2.3
Paint business revenue INR116 Cr Q2; EBITDA loss INR2 Cr Q2; breakeven expected FY27
RMC revenue INR60 Cr Q2; breakeven expected after 6 months per plant