JK Cement share price
NSE: JKCEMENTBSE: 532644Cement & Cement ProductsMid Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹4,897.50.
28 Oct: open ₹4,897.50, high ₹5,000.00, low ₹4,820.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹38,526 Cr215th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 40.22
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 5.25
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.40%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 11.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 1.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 16,15338.3% delivered
About JK Cement
JK Cement Limited makes grey cement, white cement and wall putty, and also sells paints, tile adhesives and grouts, gypsum plaster, construction chemicals and ready-mix concrete.1 Its customers are individual home builders, institutional and commercial buyers and government infrastructure projects in India, and a subsidiary in Fujairah in the UAE makes white cement and dry-mix products (factory-blended mortars).23
Its grey cement comes from integrated plants (which make clinker, the base of cement, from limestone and grind it into cement) at Nimbahera and Mangrol in Rajasthan, Muddapur in Karnataka, Panna in Madhya Pradesh and Ampavalli in Odisha, and from 8 grinding units across Haryana, Uttar Pradesh, Gujarat, Madhya Pradesh, Bihar and Odisha.4 White cement and wall putty are made at Gotan in Rajasthan and Katni in Madhya Pradesh, and wall putty also at Nathdwara in Rajasthan.45
It was incorporated in 1994.6 It bought a 60% stake in J. K. Cement Saifco Private Limited, a grey cement maker in Jammu and Kashmir, in June 2025.78 Its subsidiary Toshali Cements, with plants at Choudwar and Ampavalli in Odisha, was merged into the company effective 15 Oct 2025.87
Sushila Devi Singhania chairs the board; Nidhipati Singhania is Vice Chairperson, and his sons Raghavpat Singhania and Madhavkrishna Singhania are Managing Director and Joint Managing Director and CEO.910
JK Cement key points
Results
- In the quarter to Jun 2026, consolidated net sales, as the company presents them, were ₹3,962 crore, EBITDA (earnings before interest, tax, depreciation and amortisation) ₹648 crore and profit before tax ₹406 crore, against ₹3,242 crore, ₹688 crore and ₹489 crore a year earlier.11
- In the year to Mar 2026, consolidated revenue from operations was ₹13,722.30 crore and consolidated profit after tax, including minority owners' share, ₹987.99 crore.12
- On a standalone basis, EBITDA rose 18% to ₹2,318 crore in the year to Mar 2026 from ₹1,968 crore, and net profit rose 21% to ₹1,033 crore from ₹851 crore.13
- On a standalone basis, in the year to Mar 2026, grey cement sales rose 15% to 20.66 million tonnes, its first full year above 20 million tonnes, the company says, and white business sales rose 11% to 1.80 million tonnes.141516
Market position
- The company says it is among India's top 5 cement companies by capacity.17
- The company says it was the first cement company in India to start commercial production of Limestone Calcined Clay Cement (LC-3), at Mangrol in Rajasthan, in June 2025; LC-3 can cut carbon emissions by up to 40% against ordinary Portland cement.18
Revenue mix
- Share of standalone net sales19
Item year to Mar 2026 year to Mar 2025 Grey cement 83% 81% White cement and value-added products 17% 19% - In the quarter to Jun 2026, trade sales (through dealers and retailers) were 69% of standalone grey cement sales, against 68% in the quarter to Mar 2026, and premium products 18% of trade sales.20
- Consolidated net sales by business (₹ crore)21
Item quarter to Jun 2026 Grey cement 3,044 White cement and related products 918
Markets and distribution
- In India, grey cement is sold in 25 states and union territories, and the grey and white businesses together have about 91,000 dealers and retailers.22
- The UAE subsidiary J.K. Cement Works (Fujairah) FZC exports white cement and clinker to over 40 countries; its turnover was AED 272.11 million (₹656.42 crore) in the year to Mar 2026, against AED 260.2 million a year earlier.23
Plants and capacity
- Grey cement capacity was 32.26 million tonnes a year (MnTPA) at the end of Mar 2026, including 0.42 MnTPA at the Saifco subsidiary, against 24.34 MnTPA a year earlier.24
- In the quarter to Jun 2026, standalone grey capacity utilisation was 75% for cement and 76% for clinker.25
- In its presentation of 18 Jul 2026, the company put green power capacity at 342.3 MW; green sources supplied 51.8% of the electricity it used in the year to Mar 2026.2627
Expansion and capital spending
- North India projects: cost, and spending to Jun 2026282930
Item quarter to Jun 2026 Jaisalmer, Rajasthan: 4 MnTPA clinker, 3 MnTPA cement ₹3,630 crore, ₹1,162 crore spent Bikaner, Rajasthan: 2 MnTPA grinding ₹565 crore, ₹181 crore spent Bhatinda, Punjab: 2 MnTPA grinding ₹610 crore, ₹85 crore spent - In its presentation of 18 Jul 2026, the company said 7 MnTPA of grey cement capacity at Jaisalmer, Bikaner and Bhatinda is due by the half year to Sep 2027, toward 50 MnTPA of grey cement capacity by the year to Mar 2030.3132
- In its presentation of 18 Jul 2026, the company said its next leg of grey cement expansion is 10 to 12 MnTPA at Muddapur and Panna; its annual report lists this as under planning.3324
- On its earnings call of 20 Jul 2026, the company said it plans capital spending of around ₹3,500 crore in the year to Mar 2027.34
Ready-mix concrete and paints
- The company commissioned 5 ready-mix concrete plants (concrete mixed at a plant and delivered to site) in the year to Mar 2026.35
- On its earnings call of 20 Jul 2026, the company said 17 ready-mix plants were operating and expected ₹35 crore to ₹40 crore of revenue from them for the quarter to Jun 2026.36
- On its earnings call of 20 Jul 2026, the company said it plans about 50 ready-mix plants by Mar 2027 and 100 by Mar 2028, and gave about ₹250 crore as a ballpark for ready-mix revenue in the year to Mar 2027.3738
- On its earnings call of 20 Jul 2026, the company said paints revenue was about ₹125 crore in the quarter to Jun 2026, at EBITDA breakeven, with a target of ₹500 crore to ₹550 crore for the year to Mar 2027.3940
Recent events
- On 12 Aug 2026 the company commissioned a 0.60 MnTPA wall putty plant at Nathdwara, Rajasthan, taking white cement and wall putty capacity to 3.65 MnTPA, including its subsidiary.41
- On 29 Jan 2026 it commissioned a 3.00 MnTPA cement grinding unit at Buxar, Bihar.42
- On 3 Dec 2025 it commissioned clinker Line 2 at Panna, Madhya Pradesh, raising clinker capacity there from 3.30 MnTPA to 6.60 MnTPA.43
Last updated
All 43 sources, each with its page
- 1. Annual report, 25 Jun 2026, page 3
- 2. Annual report, 25 Jun 2026, page 105
- 3. Annual report, 25 Jun 2026, page 94
- 4. Annual report, 25 Jun 2026, page 13
- 5. Exchange filing, 12 Aug 2026, page 1
- 6. Annual report, 25 Jun 2026, page 105
- 7. Annual report, 25 Jun 2026, page 95
- 8. Annual report, 25 Jun 2026, page 94
- 9. Annual report, 25 Jun 2026, page 15
- 10. Annual report, 25 Jun 2026, page 96
- 11. Earnings call, 20 Jul 2026, page 4
- 12. Annual report, 25 Jun 2026, page 94
- 13. Annual report, 25 Jun 2026, page 91
- 14. Annual report, 25 Jun 2026, page 6
- 15. Annual report, 25 Jun 2026, page 9
- 16. Annual report, 25 Jun 2026, page 94
- 17. Annual report, 25 Jun 2026, page 9
- 18. Annual report, 25 Jun 2026, page 92
- 19. Annual report, 25 Jun 2026, page 45
- 20. Investor presentation, 18 Jul 2026, page 17
- 21. Investor presentation, 18 Jul 2026, page 20
- 22. Annual report, 25 Jun 2026, page 13
- 23. Annual report, 25 Jun 2026, page 94
- 24. Annual report, 25 Jun 2026, page 8
- 25. Investor presentation, 18 Jul 2026, page 17
- 26. Investor presentation, 18 Jul 2026, page 8
- 27. Annual report, 25 Jun 2026, page 64
- 28. Investor presentation, 18 Jul 2026, page 11
- 29. Investor presentation, 18 Jul 2026, page 12
- 30. Investor presentation, 18 Jul 2026, page 13
- 31. Investor presentation, 18 Jul 2026, page 9
- 32. Annual report, 25 Jun 2026, page 8
- 33. Investor presentation, 18 Jul 2026, page 9
- 34. Earnings call, 20 Jul 2026, page 17
- 35. Annual report, 25 Jun 2026, page 26
- 36. Earnings call, 20 Jul 2026, page 7
- 37. Earnings call, 20 Jul 2026, page 7
- 38. Earnings call, 20 Jul 2026, page 13
- 39. Earnings call, 20 Jul 2026, page 8
- 40. Earnings call, 20 Jul 2026, page 13
- 41. Exchange filing, 12 Aug 2026, page 1
- 42. Exchange filing, 29 Jan 2026, page 1
- 43. Exchange filing, 3 Dec 2025, page 1
Results
Consolidated; ₹ crore.JK Cement quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +17.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −7.4%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,733 Crdown 7.40%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹169 Crdown 38.35%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,930 | 3,581 | 3,353 | 3,019 | 3,463 | 3,888 | 4,032 | 3,733 |
| Net profit | 190 | 361 | 324 | 159 | 174 | 331 | 275 | 169 |
| Net margin | 6.5% | 10.1% | 9.7% | 5.3% | 5.0% | 8.5% | 6.8% | 4.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹13,722 Crup 15.52%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹988 Crup 13.28%
- Net margin
- 7.2%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,695 | 5,149 | 5,259 | 5,802 | 6,606 | 7,991 | 9,720 | 11,556 | 11,879 | 13,722 |
| Net profit | 227 | 304 | 264 | 483 | 703 | 679 | 419 | 790 | 872 | 988 |
| Net margin | 4.8% | 5.9% | 5.0% | 8.3% | 10.6% | 8.5% | 4.3% | 6.8% | 7.3% | 7.2% |
Business segments
In the year to Mar 2026 the company reports one business segment, Cement and cement related products, which carries all its revenue.
Valuation
Today, against the company's own history.JK Cement PE ratio and valuation
At or below today's level on 66% of 2,368 trading days over the last 10 years.
At or below today's level on 42% of 1,899 trading days since Nov 2018.
At or below today's level on 29% of 2,472 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +3.4% | +15.3% | −10.6% | 0.4% |
| 3 years | +20.6% | +32.5% | −9.3% | 0.4% |
| 5 years | +12.3% | +7.1% | +4.4% | 0.5% |
Mutual fund holdings
172 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 59 of the 81 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 172 funds holding JK Cement
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 45
- CutCut. Funds that held fewer shares than at the end of the month before.
- 36
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 87
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 7
| Fund | |||
|---|---|---|---|
| 14,14,466 | 1.08% | ₹718.0 Cr | |
| 9,00,164 | 2.90% | ₹456.9 Cr | |
| 7,97,920 | 1.65% | ₹405.0 Cr | |
| 7,29,016 | 1.10% | ₹370.0 Cr | |
| 7,19,413 | 1.87% | ₹365.2 Cr | |
| 6,00,000 | 1.00% | ₹304.6 Cr | |
| 5,00,000 | 1.09% | ₹253.8 Cr | |
| 4,47,633 | 0.42% | ₹227.2 Cr | |
| 4,11,308 | 1.71% | ₹208.8 Cr | |
| 3,90,000 | 1.66% | ₹198.0 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.JK Cement insider trading
- Promoters and promoter group3 purchases, 2 sales₹0.15 Cr₹3.03 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹2.88 Cr4 off-market moves
- Others: no market trade
JK Cement competitors and peers
Cement & Cement Products, 40 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to JK Cement in market cap.Construction materials companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 3,27,212 | 37.18 | 4.45 | +17.8% | – | 12.1% | 12.7% | 2.16% | |
| 1,97,368 | 34.66 | 1.91 | +20.5% | – | 5.7% | 4.7% | 0.34% | |
| 87,267 | – | 1.47 | +7.7% | – | – | 3.4% | 0.57% | |
| 83,058 | 52.46 | 3.48 | +14.3% | −7.9% | 6.8% | 6.8% | 0.65% | |
| 27,655 | 56.44 | 1.54 | +6.1% | −56.4% | 2.7% | 5.0% | 0.34% | |
| 21,412 | 24.26 | 1.04 | +4.6% | −73.6% | 4.3% | 5.1% | 0.66% | |
| 17,290 | 26.81 | 2.14 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% | |
| 15,703 | 20.68 | 2.31 | – | – | 11.8% | 7.7% | 0.43% |
Dividends
Per share, by the year it was paid for, and the latest payments.JK Cement dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹20.00 |
| 8 Jul 2025 | Final | ₹15.00 |
| 9 Jul 2024 | Final | ₹15.00 |
| 9 Jul 2024 | Special | ₹5.00 |
| 1 Aug 2023 | Final | ₹15.00 |
| 2 Aug 2022 | Final | ₹15.00 |
Latest announcements
Routine notices left out.JK Cement announcements
Oct 2026
24 Oct · Results
8 Oct · Analysts
6 Oct · Legal
JK Cement share price by year
Each calendar year to 2025.JK Cement share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 5,531.00 | +20.4% | 7,539.00 | 4,271.30 |
| 2024 | 4,595.40 | +21.3% | 4,812.75 | 3,827.20 |
| 2023 | 3,788.25 | +29.7% | 3,934.15 | 2,586.15 |
| 2022 | 2,920.60 | −14.1% | 3,600.00 | 2,018.95 |
| 2021 | 3,398.85 | +77.3% | 3,782.80 | 1,923.25 |
| 2020 | 1,916.80 | +64.0% | 2,165.65 | 891.00 |
| 2019 | 1,168.85 | +63.8% | 1,185.05 | 689.70 |
| 2018 | 713.55 | −35.8% | 1,153.15 | 668.95 |
| 2017 | 1,110.70 | +54.3% | 1,123.35 | 682.60 |
| 2016 | 719.85 | +24.7% | 968.00 | 438.00 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 4,953.00 | 4,964.00 | 4,885.50 | 4,897.50 | 4,903.15 | 35,814 | 67.3% |
| 26 Oct 2026 | 4,841.50 | 4,959.00 | 4,797.00 | 4,935.00 | 4,861.38 | 34,288 | 42.6% |
| 23 Oct 2026 | 4,879.00 | 4,880.00 | 4,746.50 | 4,854.00 | 4,804.18 | 19,189 | 45.3% |
| 22 Oct 2026 | 4,920.00 | 4,920.50 | 4,820.00 | 4,858.50 | 4,857.90 | 16,433 | 53.3% |
| 21 Oct 2026 | 4,878.50 | 5,035.00 | 4,872.00 | 4,966.50 | 4,971.81 | 1,35,851 | 57.8% |
| 19 Oct 2026 | 4,906.00 | 5,008.00 | 4,851.50 | 4,878.50 | 4,943.44 | 19,845 | 29.1% |
| 16 Oct 2026 | 4,940.00 | 5,009.50 | 4,880.00 | 4,923.00 | 4,937.81 | 19,761 | 22.7% |
| 15 Oct 2026 | 4,895.50 | 4,933.50 | 4,850.50 | 4,899.00 | 4,893.96 | 11,240 | 36.7% |
| 14 Oct 2026 | 4,870.00 | 4,995.00 | 4,833.50 | 4,895.50 | 4,916.22 | 38,689 | 47.3% |
Company details
- NSE symbol
- JKCEMENT
- BSE code
- 532644
- ISIN
- INE823G01014
- Industry
- Cement & Cement Products
- Website
- www.jkcement.com
- CIN
- L17229UP1994PLC017199
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1994
- Registered office
- Kamla Tower, Kanpur 208001, Uttar Pradesh
- Share registrar
- NSDL Database Management Ltd
- Keeps the register of shareholders and handles transfers and dividend payments