Quarterly results for JK Lakshmi Cement Ltd

JK Lakshmi Cement Limited – Q1 FY26 Results Summary
Announcement Date: 1 August 2025

Key Financial Metrics (Standalone, Q1 FY26 vs Q1 FY25):
- Sales Volume: 33.26 lac tonnes (+10.0% YoY)
- Net Sales: Rs. 1,740.93 crores (+11.3% YoY)
- EBITDA: Rs. 335.49 crores (+41.7% YoY); EBITDA Margin approx. 19.3% vs 15.1%
- Profit Before Tax: Rs. 206.30 crores (+74.8% YoY)
- Net Profit: Rs. 151.67 crores (+169% YoY); Net Profit Margin approx. 8.7% vs 3.6%
- Net Debt to EBITDA: Improved to 0.99x from 1.76x
- Net Debt to Equity: Improved to 0.36x from 0.50x
- EPS: Not disclosed

Balance Sheet / Capital Structure:
- Improved leverage ratios reflecting better balance sheet health.
- Capex funded through a mix of term loans and internal accruals.

Management Commentary & Strategic Highlights:
- Profitability gains driven by higher volumes, improved product and market mix, and reduced fuel costs.
- Composite Scheme of Amalgamation effective 31 July 2025, merging three subsidiaries into JKLC; financials restated accordingly. Equity shares to be issued to UCWL shareholders in August 2025.
- Sustainability initiatives include increasing solar power contribution from 4% to 16% at ShoIH plant; renewable power accounted for 49% of power mix in Q1 FY26.
- Major capacity expansion underway: Surat Grinding Unit (1.35 to 2.7 mtpa), Dug Plant expansions including clinker line and multiple grinding units, total capex approx. Rs. 3,550 crores, phased commissioning through FY27-FY28.

Segment Performance:
- Operates in a single business segment: Cementitious Materials. No geographic or segmental breakdown provided.

Key Developments:
- Composite Scheme of Amalgamation consolidating subsidiaries.
- Large-scale capacity expansion projects progressing as planned.
- Multiple industry awards received in 2025 for business excellence, operational and digital initiatives.

Outlook:
- Cement sector volume growth projected at 6% for FY26, supported by infrastructure and housing demand.
- Management expects improved pricing and capacity expansion to drive growth.

Audit:
- Limited review by S S Kothari Mehta & Co. LLP issued unmodified report with no qualifications.

This summary excludes EPS and consolidated financial details as they were not disclosed in the filing excerpt.

Note: This is an AI generated summary of the results. There may be inaccuracies in the summary. Please refer to the original document before making investment decisions.