JSW Cement Limited Announces Q4 FY26 & FY2026 Financial Results

JSW Cement Limited (the "Company") today reported its consolidated financial results for the fourth quarter and year ended March 31, 2026.

Key Financial Highlights for Q4 FY26:

- Total Volume Sold increased to 3.99 Million Tonnes in Q4 FY26 from 3.73 Million Tonnes in Q4 FY25, marking a growth of 7% YoY

- Revenue: ₹1,895 Crore in Q4 FY26, 11% YoY increase compared to ₹1,709 Crore in Q4 FY25

- Operating EBITDA: ₹365.0 Crore, increased by 46% YoY, with an operating EBITDA margin of 19.3%

- Profit after Tax / Adjusted Profit after Tax1 : ₹361.7 Crore

- Net debt: ₹3,635 Crore as at March 31, 2026

Key Financial Highlights for FY2026:

- Total Volume Sold of 13.96 Million Tonnes, up 11% YoY

- Revenue: increased by 12% YoY to ₹6,512 Crore

- Operating EBITDA: ₹1,240.3 Crore, representing a substantial increase of 44% YoY, with an operating EBITDA margin of 19.0%

- Adjusted Profit after Tax1: ₹667.6 Crore

- Dividend: Based on the Adjusted Profit after Tax1 of ₹667.6 Crore for the year, the Board has recommended a dividend of ₹0.5 per equity share of face value ₹10 each, subject to approval by the shareholders at the Annual General Meeting

Consolidated Operational & Financial Performance for Q4 FY26:

During the quarter, Total Volume Sold increased by 7% YoY to 3.99 Million Tonnes. Of this, cement volume sold was 2.35 Million Tonnes representing an increase of 12% YoY, versus 2.10 Million Tonnes in Q4 FY25. The volume sold of Ground Granulated Blast Furnace Slag ("GGBS") was 1.57 Million Tonnes representing an increase of 5% YoY, versus 1.49 Million Tonnes in Q4 FY25.

Revenue from operations increased 11% YoY to ₹1,895 Crore, while operating EBITDA improved by 46% YoY to ₹365.0 Crore resulting in operating EBITDA per ton of ₹916 per ton in Q4 FY26. Operating EBITDA (adjusted for forex losses) for Q4 FY26 was ₹378.4 Crore, equating to ₹950 per ton.

Operating EBITDA margin was 19.3% in Q4 FY26, as against 14.6% in Q4 FY25. Total EBITDA (including other income) was ₹385.6 Crore in Q4 FY26.

Consolidated Operational & Financial Performance for FY2026:

During FY2026, Total volume sold increased by 11% YoY to 13.96 Million Tonnes. Of this, Cement volume sold was 7.73 Million Tonnes, representing an increase of 9% YoY, while the volume sold of GGBS was 5.78 Million Tonnes, representing a robust increase of 12% YoY.

Revenue from operations increased 12% YoY to ₹6,512 Crore, while operating EBITDA improved by 44% YoY to ₹1,240.3 Crore. Operating EBITDA per ton for FY26 stood at ₹888 per tonne. Total EBITDA (including other income) was ₹1,392.7 Crore in FY26.

Pursuant to the amendments introduced under the Finance Act, 2026, inter alia enabling prescribed treatment of brought-forward MAT credit to the companies under tax regime as per Section 115BAA of the Income-tax Act, 1961 ("New tax regime"), the Company basis its assessment has decided to exercise the option to adopt the New tax regime from financial year 2026-27 onwards. In view of the same, the resultant reduction in net deferred tax liabilities, consequent to the reduced tax rate in the New tax regime, of ₹ 211.21 crore has been recognised in Q4 FY26 and FY2026.

Shares of JSW Cement Limited was last trading in BSE at Rs. 127.55 as compared to the previous close of Rs. 120.90. The total number of shares traded during the day was 1107370 in over 9346 trades.

The stock hit an intraday high of Rs. 132.05 and intraday low of 121.00. The net turnover during the day was Rs. 142840619.00.

Source : Equity Bulls

Keywords

JSWCement INE718I01012 CementProducts Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate