JSW Cement Shares Surge 8% After Q4FY26 Results; PAT Jumps To Rs 362 Crore

On Thursday, the Indian equity benchmarks traded marginally lower, with the benchmark Nifty 50 index declining 0.05 per cent to 23,647.20 during the session. Cement and infrastructure-related stocks remained in focus following Q4 earnings announcements and expansion updates. In this segment, JSW Cement share price surged 8.25 per cent to Rs 130.89 after the company announced its Q4FY26 and FY26 consolidated financial results along with a Dividend recommendation and fresh capacity expansion plans.

JSW Cement Q4FY26 Results

For the quarter ended March 31, 2026, JSW Cement reported consolidated revenue from operations of Rs 1,894.99 crore as against Rs 1,709.39 crore reported in Q4FY25, registering a growth of around 10.9 per cent YoY. Revenue also increased from Rs 1,621.22 crore reported in Q3FY26.

Total income stood at Rs 1,915.57 crore during Q4FY26 compared to Rs 1,730.79 crore reported in Q4FY25 and Rs 1,707.36 crore reported in Q3FY26.

Profit before Tax stood at Rs 214.88 crore during Q4FY26 as against Rs 75.75 crore reported in Q4FY25, reflecting strong growth during the quarter. Sequentially, PBT also increased from Rs 184.29 crore reported in Q3FY26.

Profit after tax came in at Rs 361.65 crore during Q4FY26 compared to Rs 16.21 crore reported in the corresponding quarter previous year and Rs 130.62 crore reported in Q3FY26. The sharp rise in quarterly profitability was supported by deferred tax benefits recognised during the quarter.

JSW Cement FY26 Performance

For the financial year ended March 31, 2026, JSW Cement reported consolidated revenue from operations of Rs 6,512.46 crore as against Rs 5,813.07 crore reported in FY25, registering a growth of around 12 per cent YoY.

Total income stood at Rs 6,664.86 crore during FY26 compared to Rs 5,914.66 crore reported in the previous financial year.

Total expenses for FY26 stood at Rs 5,972.38 crore compared to Rs 5,859.83 crore reported in FY25.

The company reported exceptional items of Rs 1,504.48 crore during FY26, which impacted overall profitability. Loss before tax stood at Rs 781.22 crore during FY26, while net loss came in at Rs 798.78 crore compared to a net loss of Rs 163.76 crore reported in FY25.

Dividend Announcement

The Board of Directors recommended a dividend of Rs 0.50 per equity share of face value Rs 10 each for FY26, translating into a dividend payout of 5 per cent.

Capacity Expansion Update

The Board also approved expansion of cement grinding capacity by 2.5 MTPA at its greenfield integrated unit located at Nagaur, Rajasthan. The proposed expansion will involve an investment of around Rs 430 crore and is expected to be commissioned by January 2028.

The company stated that the expansion will improve utilisation of the Nagaur clinker line and help the facility become largely self-sufficient in cement grinding capacity.

JSW Cement’s total installed capacity currently stands at 24.1 MTPA with utilisation at around 64 per cent on a pro-rata basis.

About JSW Cement

JSW Cement Ltd is part of the JSW Group and is engaged in manufacturing and distribution of cement and related building materials across India. The company operates multiple manufacturing facilities with an installed cement capacity of 24.1 MTPA.

What are your views on JSW Cement’s Q4FY26 performance and the Nagaur expansion plan? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.