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.
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.
– Total revenue increased to ₹9,720 crore in FY23 from ₹7,991 crore in FY22. Consolidated profit after tax (PAT) was ₹419 crore in FY23, while it was ₹679 crore in FY22. – The earnings per share for FY23 was Rs. 55.17 as compared to the EPS of FY22 at Rs. 87.90. – Consolidated EBITDA (earnings before interest, taxes, depreciation, and amortisation) decreased to ₹1,346.5 crore in FY23 from ₹1,536 crore in FY22.
As of 25 May 2026, JK Cement share price is ₹5,441.50. The stock opened at ₹5,546.50, compared to its previous close of ₹5,557.50. During today's trading session, JK Cement share price moved in the range of ₹5,406.00 to ₹5,579.50, with an average price of ₹5,492.75 for the day. Looking at its last 52-week, the stock has touched a low of ₹5,406.00 and a high of ₹5,579.50. On the performance front, JK Cement share price has declined by 2.57% over the last six months and is up 6.52% on a year-on-year basis.
The market capitalization of JK Cement is ₹42,660 Crs, with a P/E ratio of 41.9 and a dividend yield of 0.27%.