JK Cement is a leading producer of grey cement in India and the third-largest manufacturer of white cement globally. The company started its journey in 1975 with its first grey cement plant at Nimbahera, Rajasthan, with an initial capacity of 0.3 MnTPA commercial production. In 1984, it set up its first limestone-based white cement plant in India at JK White Cement Works, Gotan.
JK Cement has a total market capitalisation of over ₹31,300 crore as of January 10, 2024. JK Cement share price has surged over 80% in the last three years.
Business operations
The company manufactures various types of Ordinary Portland Cement (OPC) including 53-grade, 43-grade and 33-grade, as well as Portland Pozzolana Cement (PPC) in both grey and white variations. Among its vast product range is JK Waterproof, designed for specialised applications like flooring and wall treatments. These products are marketed under brand names such as JK Cement and Sarvashaktiman for OPC variants, JK Super for PPC options and JK White and Camel for white cement varieties.
The company operates seven grey cement plants strategically situated across India. It also has two white cement plants – one in Rajasthan and another in the UAE. It runs two wall putty plants in Rajasthan and Madhya Pradesh.
The company currently has a grey cement capacity of 20 million metric tonnes per annum (MnTPA). Globally, it stands as a prominent producer of white cement with a total capacity of 1.20 MnTPA, along with a wall putty capacity of 1.2 MnTPA.
JK Cements' business is spread globally in 43 countries. Its global presence is supported by two subsidiaries: JK Cement Works Fujairah FZC and JK White Cement (Africa) Ltd. The total workforce of JK Cement is 3,767 as of March 31, 2023, and its market chain is spread with 94,000 grey and white cement dealers and retailers.
During FY23, JK Cement Limited brought 6 MnTPA of capacity on stream, including 4 MnTPA greenfield project at Panna, Madhya Pradesh and an additional 2 MnTPA through debottlenecking projects across four plants- taking the total installed grey cement capacity to 20.7 MnTPA (consolidated).
The company aims to install another 3.5 MnTPA cement grinding capacity- 1.5 MnTPA at Ujjain, Madhya Pradesh, and 2 MnTPA at Prayagraj, Uttar Pradesh, expected to start production in FY24 and FY25 respectively. The company also got a 60% equity share capital of M/s Acro Paints Ltd (APL). The company initiated the operation of a clinker and cement manufacturing unit in Panna, Madhya Pradesh, alongside a split grinding unit in Hamirpur, Uttar Pradesh. These combined facilities have a total capacity of 4 million metric tonnes per annum.
During FY23, JK Cement recorded 17% volume growth in grey cement and 8% in white cement, with blended volumes growing at 16% year on year.
JK Cement Financial Highlights
- Revenue: JK Cement reported revenue of ₹13,916.84 crore in FY26 vs ₹12,052.10 crore in FY25. It showed an increase of 15.47% on a yearly basis.
- Operating Profit: JK Cement reported an operating profit of ₹1,443.85 crore in FY26 vs ₹1,242.39 crore in FY25. It showed an increase of 16.22% on a year-on-year basis.
- Net Profit: JK Cement reported a net profit of ₹987.99 crore in FY26 vs ₹872.17 crore in FY25. It showed an increase of 13.28% on a yearly basis.
JK Cement Quarterly Result Highlights
- JK Cement reported revenue of ₹4,070.97 crore in Jun 2026, compared with ₹3,928.79 crore in Mar 2026, representing an increase of 3.62% on a quarter-on-quarter (QoQ) basis.
- JK Cement reported an operating profit of ₹406.15 crore in Jun 2026, compared with ₹443.54 crore in Mar 2026, representing a decrease of 8.43% on a quarter-on-quarter (QoQ) basis.
- JK Cement reported a profit of ₹274.62 crore in Jun 2026, compared with ₹330.88 crore in Mar 2026, reflecting a decrease of 17.00% on a QoQ basis.
- The earnings per share (EPS) of JK Cement stood at ₹128.44 during Jun 2026.
Data Source: BSE, Company announcements
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