JK Cement logo

JK Cement share price

NSE: JKCEMENTBSE: 532644Cement & Cement ProductsMid Cap

JK Cement Limited · Face value ₹10 · Listed Jun 2005 on BSE, Mar 2006 on NSE
Last close ₹4,986.00up ₹88.50 (1.81%)BSE ₹4,984.40

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

52-week range of traded prices to 28 Oct 2026
₹4,671.50Low, 12 Jun 2026₹6,471.00High, 28 Oct 2025
Market cap
₹38,526 Cr215th largest listed
P/E
40.22
P/B
5.25
Dividend yield
0.40%
ROE
13.9%
ROCE
11.5%
Debt to equity
1.00
Volume, NSE
16,15338.3% delivered

JK Cement share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−22.3%over a year · Nifty Cement −21.5% · Nifty 500 −8.8%

Results20-session average 54,173 shares a day, 49.6% 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
    Itemyear to Mar 2026year to Mar 2025
    Grey cement83%81%
    White cement and value-added products17%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
    Itemquarter to Jun 2026
    Grey cement3,044
    White cement and related products918

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
    Itemquarter 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. 1. Annual report, 25 Jun 2026, page 3
  2. 2. Annual report, 25 Jun 2026, page 105
  3. 3. Annual report, 25 Jun 2026, page 94
  4. 4. Annual report, 25 Jun 2026, page 13
  5. 5. Exchange filing, 12 Aug 2026, page 1
  6. 6. Annual report, 25 Jun 2026, page 105
  7. 7. Annual report, 25 Jun 2026, page 95
  8. 8. Annual report, 25 Jun 2026, page 94
  9. 9. Annual report, 25 Jun 2026, page 15
  10. 10. Annual report, 25 Jun 2026, page 96
  11. 11. Earnings call, 20 Jul 2026, page 4
  12. 12. Annual report, 25 Jun 2026, page 94
  13. 13. Annual report, 25 Jun 2026, page 91
  14. 14. Annual report, 25 Jun 2026, page 6
  15. 15. Annual report, 25 Jun 2026, page 9
  16. 16. Annual report, 25 Jun 2026, page 94
  17. 17. Annual report, 25 Jun 2026, page 9
  18. 18. Annual report, 25 Jun 2026, page 92
  19. 19. Annual report, 25 Jun 2026, page 45
  20. 20. Investor presentation, 18 Jul 2026, page 17
  21. 21. Investor presentation, 18 Jul 2026, page 20
  22. 22. Annual report, 25 Jun 2026, page 13
  23. 23. Annual report, 25 Jun 2026, page 94
  24. 24. Annual report, 25 Jun 2026, page 8
  25. 25. Investor presentation, 18 Jul 2026, page 17
  26. 26. Investor presentation, 18 Jul 2026, page 8
  27. 27. Annual report, 25 Jun 2026, page 64
  28. 28. Investor presentation, 18 Jul 2026, page 11
  29. 29. Investor presentation, 18 Jul 2026, page 12
  30. 30. Investor presentation, 18 Jul 2026, page 13
  31. 31. Investor presentation, 18 Jul 2026, page 9
  32. 32. Annual report, 25 Jun 2026, page 8
  33. 33. Investor presentation, 18 Jul 2026, page 9
  34. 34. Earnings call, 20 Jul 2026, page 17
  35. 35. Annual report, 25 Jun 2026, page 26
  36. 36. Earnings call, 20 Jul 2026, page 7
  37. 37. Earnings call, 20 Jul 2026, page 7
  38. 38. Earnings call, 20 Jul 2026, page 13
  39. 39. Earnings call, 20 Jul 2026, page 8
  40. 40. Earnings call, 20 Jul 2026, page 13
  41. 41. Exchange filing, 12 Aug 2026, page 1
  42. 42. Exchange filing, 29 Jan 2026, page 1
  43. 43. Exchange filing, 3 Dec 2025, page 1

Results

Consolidated; ₹ crore.JK Cement quarterly results

Revenue growth, 12 months
+17.3%
Net profit growth, 12 months
−7.4%

Quarter to Sep 2026, against the quarter before

Revenue
₹3,733 Crdown 7.40%
Net profit
₹169 Crdown 38.35%
Net margin
4.5%

Revenue by quarter

₹2,930 CrDec 24₹3,581 CrMar 25₹3,353 CrJun 25₹3,019 CrSep 25₹3,463 CrDec 25₹3,888 CrMar 26₹4,032 CrJun 26₹3,733 CrSep 26
Peak revenue ₹4,032 Cr, quarter to Jun 2026; lowest ₹2,930 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹190 CrDec 24₹361 CrMar 25₹324 CrJun 25₹159 CrSep 25₹174 CrDec 25₹331 CrMar 26₹275 CrJun 26₹169 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue2,9303,5813,3533,0193,4633,8884,0323,733
Net profit190361324159174331275169
Net margin6.5%10.1%9.7%5.3%5.0%8.5%6.8%4.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

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

Price to earnings

At or below today's level on 66% of 2,368 trading days over the last 10 years.

LowestHighest
Its median32.07Industry median25.60
Price to book

At or below today's level on 42% of 1,899 trading days since Nov 2018.

LowestHighest
Its median5.56Industry median1.42
Dividend yield

At or below today's level on 29% of 2,472 trading days over the last 10 years.

LowestHighest
Its median0.47%Industry median0.65%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.JK Cement shareholding pattern

Shareholding by group

  • Promoters45.66%
  • Foreign institutions18.35%
  • Indian institutions22.33%
  • Individuals and others13.66%
Holder
Yadu International Pvt LimitedPromoter40.19%
KAVITA YADUPATI SINGHANIAResident individuals, over ₹2 lakh at face value5.01%
Sushila Devi SinghaniaPromoter4.32%
FIDELITY ADVISOR SERIES VIII : FIDELITY ADVISOR FOCUSED EMERGING MARKETS FUNDForeign portfolio investors, category I3.69%
ABHISHEK SINGHANIAResident individuals, over ₹2 lakh at face value3.27%
FIDELITY RUTLAND SQUARE TRUST II : STRATEGIC ADVISERS FIDELITY EMERGING MARKETS FUND AS MANAGED BY FIAM LLCForeign portfolio investors, category I1.56%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +1.49 pts, Indian institutions −1.40 pts, mutual funds −1.79 pts.

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 time
2
Bought again
1
Added
45
Cut
36
Held unchanged
87
Sold out
7
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.JK Cement insider trading

Bought on the market Sold on the market
  • Promoters and promoter group3 purchases, 2 sales₹0.15 Cr₹3.03 CrNet−₹2.88 Cr4 off-market moves
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

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

Return on equity across, P/E up, size is market cap
Company
UltraTech Cement logoUltraTech CementULTRACEMCO3,27,21237.184.45+17.8%–12.1%12.7%2.16%
Grasim Industries logoGrasim IndustriesGRASIM1,97,36834.661.91+20.5%–5.7%4.7%0.34%
Ambuja Cements logoAmbuja CementsAMBUJACEM87,267–1.47+7.7%––3.4%0.57%
Shree Cement logoShree CementSHREECEM83,05852.463.48+14.3%−7.9%6.8%6.8%0.65%
Dalmia Bharat logoDalmia BharatDALBHARAT27,65556.441.54+6.1%−56.4%2.7%5.0%0.34%
ACC logoACCACC21,41224.261.04+4.6%−73.6%4.3%5.1%0.66%
The Ramco Cements logoThe Ramco CementsRAMCOCEM17,29026.812.14+8.6%+101.2%8.3%5.0%0.34%
JSW Cement logoJSW CementJSWCEMENT15,70320.682.31––11.8%7.7%0.43%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

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

8Mar 1710Mar 1810Mar 197.5Mar 2015Mar 2115Mar 2215Mar 2320Mar 2415Mar 2520Mar 26
Highest ₹20.00 a share, years to Mar 2024 and Mar 2026.
Ex-dateTypePer share
10 Jul 2026Final₹20.00
8 Jul 2025Final₹15.00
9 Jul 2024Final₹15.00
9 Jul 2024Special₹5.00
1 Aug 2023Final₹15.00
2 Aug 2022Final₹15.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.JK Cement announcements

JK Cement share price by year

Each calendar year to 2025.JK Cement share price history

YearClose at year endChangeHighest closeLowest close
20255,531.00+20.4%7,539.004,271.30
20244,595.40+21.3%4,812.753,827.20
20233,788.25+29.7%3,934.152,586.15
20222,920.60−14.1%3,600.002,018.95
20213,398.85+77.3%3,782.801,923.25
20201,916.80+64.0%2,165.65891.00
20191,168.85+63.8%1,185.05689.70
2018713.55−35.8%1,153.15668.95
20171,110.70+54.3%1,123.35682.60
2016719.85+24.7%968.00438.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20264,953.004,964.004,885.504,897.504,903.1535,81467.3%
26 Oct 20264,841.504,959.004,797.004,935.004,861.3834,28842.6%
23 Oct 20264,879.004,880.004,746.504,854.004,804.1819,18945.3%
22 Oct 20264,920.004,920.504,820.004,858.504,857.9016,43353.3%
21 Oct 20264,878.505,035.004,872.004,966.504,971.811,35,85157.8%
19 Oct 20264,906.005,008.004,851.504,878.504,943.4419,84529.1%
16 Oct 20264,940.005,009.504,880.004,923.004,937.8119,76122.7%
15 Oct 20264,895.504,933.504,850.504,899.004,893.9611,24036.7%
14 Oct 20264,870.004,995.004,833.504,895.504,916.2238,68947.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Chief executive
Madhavkrishna Singhania
At the end of the quarter to Sep 2026
Managing director
Raghavpat Singhania
At the end of the quarter to Sep 2026
Chairperson
Sushila Devi Singhania
At the end of the quarter to Sep 2026
NSE symbol
JKCEMENT
BSE code
532644
ISIN
INE823G01014
Industry
Cement & Cement Products
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