JK Lakshmi Cement Ltd (JKLC), a Flagship Company of JK Organization today announced its Financial Results for the Second Quarter of Financial Year 2026.
Composite Scheme of Arrangement
The Composite Scheme of Amalgamation & Arrangement (The Scheme), which inter-alia included the Amalgamation of the 3 Subsidiary Companies, viz Udaipur Cement Works Ltd, Hansdeep Industries & Trading Company Ltd & Hidrive Developers and Industries Ltd into & with the Company has become effective from 31st July 2025 with the Appointed Date of 1st April 2024.
FINANCIAL HIGHLIGHTS
| Particulars | Units | July–Sept 25 Quarter | July–Sept 24 Quarter | Apr–Sept 25 Six Months | Apr–Sept 24 Six Months |
| Sales Volume | Lac Tonnes | 28.43 | 24.77 | 61.69 | 55.01 |
| Net Sales | Rs. Crores | 1531.77 | 1234.29 | 3272.76 | 2798.17 |
| PBDIT | Rs. Crores | 232.86 | 108.56 | 568.35 | 337.22 |
| PBT | Rs. Crores | 104.97 | -18.87 | 311.27 | 63.72 |
| PAT | Rs. Crores | 82.33 | -21.79 | 234.6 | 34.58 |
| Net Debt to EBIDTA | Times | 1.25 | 2.66 | 1.25 | 2.66 |
| Net Debt Equity | Times | 0.38 | 0.54 | 0.38 | 0.54 |
Commenting on the Results of the Company, Smt. Vinita Singhania, Chairperson & Managing Director (CMD) of the Company said, “the Profitability of the Company improved sequentially on account of Higher Volume, Better Product & Market Mix and Reduction in Fuel Cost”.
SUSTAINABILITY
The Company is implementing a Project for enhancing its TSR from 4% to 16% in a phased manner at its Sirohi Cement Plant as a part of its Green Initiatives.
The Share of Renewable Power Green Power in the Company’s Power Mix was 46% for the Quarter.
CAPEX
The Company has commissioned an Additional Grinding Unit of 13.50 Lakh Tonnes Per Annum at Surat & also completed the de-bottlenecking of its Cement Mills at Jaykaypuram, Sirohi. With this, the total Cement Capacity of the Company has increased from 16.5 MTPA to 18 MTPA.
The Company is also putting up a Railway Siding at its Durg Cement Plant at a Cost of Rs.325 Crores to be funded through a Debt of Rs. 225 Crores & the balance through Internal Accruals. The First Phase of the Project has already been completed.
The Company is expanding the Clinker Capacity at its integrated Cement Plant at Durg in Chhattisgarh by putting up an Additional Clinker Line of 2.3 Million Tonnes Per Annum & Four Cement Grinding Units aggregating to 4.6 Million Tonnes Per Annum at Durg in Chhattisgarh and also Three Split Location Cement Grinding Units with aggregate Cement Grinding Capacity of 3.4 Million Tonnes Per Annum at Prayagraj in Uttar Pradesh, Madhubani in Bihar & Patratu in Jharkhand. The Project is likely to cost Rs.3000 Crores & is proposed to be funded through Term Loans from Banks of Rs.2100 Crores & the balance through Internal Accruals. The Project would be commissioned in Phases with the First Phase of Clinkerization & Grinding Unit scheduled for commissioning by March 2027 and the remaining 2.2 Million Tonnes Cement Capacity by March 2028.
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