NSEPress Release6d ago · 13 Aug 2026, 08:33 pm
Press Release
JSW Cement Limited · JSWCEMENT
✦ AI Summary▲ PositiveResults
JSW Cement Limited has announced its Q1 FY27 financial results, with a 22% YoY increase in revenue to ₹1,896 Crore and a 7% YoY decrease in operating EBITDA to ₹298.6 Crore. The company has also made progress on its expansion program, with substantial progress on installation of WHRS, OLBC, and AFR co-processing systems at the Nagaur integrated unit.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
JSW Cement Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Press Release".
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Cement Limited
JSW Centre
Opp. MMRDA Ground,
Bandra Kurla Comp lex,
Bandra (East), Mumbai - 400 051.
Tel : +91-22-4286 1000 Fax : 26502001
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Date: 13.08.2026
BSE Limited National Stock Exchange of India
Phiroze Jeejeebhoy Towers, Limited Exchange Plaza, C-1, Block G,
Dalal Street, Fort, Bandra Kurla Complex, Bandra (E),
Mumbai 400 001, Mumbai - 400 051
Maharashtra, India Maharashtra, India
Scrip Code: 544480 Symbol: JSWCEMENT
Sub.: Press Release on Unaudited Standalone and Consolidated Financial Results
for the quarter ended 30th June, 2026
Ref.: Regulation 30 and other applicable provisions of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015.
Dear Sir/Madam,
This is further to our intimation regarding the Unaudited Standalone and Consolidated
Financial Results of the Company for the quarter ended 30th June, 2026 (“Unaudited
Financial Results”) and pursuant to Regulation 30 of the of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we
enclose herewith a copy of the Press Release in connection with the aforesaid Unaudited
Standalone and Consolidated Financial Results.
The above information is also being hosted on the website of the Company at
https://www.jswcement.in/.
Kindly take the same on record.
Thanking you,
For and on behalf of JSW Cement Limited
Sneha Bindra
Company Secretary and Compliance Officer
Press Release
August 13, 2026
JSW Cement Limited Announces Q1 FY27 Financial Results
Q1 FY27 Revenue of ₹1,896 crore, up by 22% YoY
Q1 FY27 Operating EBITDA of ₹298.6 crore with PAT of ₹153.4 Crore
Mumbai, August 13, 2026: JSW Cement Limited (the “Company”) today reported its
consolidated financial results for the quarter ended June 30, 2026.
Key Financial Highlights for Q1 FY27:
Total Volume Sold increased to 3.81 Million Tonnes in Q1 FY27 from 3.31 Million
Tonnes in Q1 FY26, marking a growth of 15% YoY
Revenue: ₹1,896 Crore in Q1 FY27, 22% YoY increase compared to ₹1,560 Crore in Q1
FY26
Operating EBITDA: ₹298.6 Crore, decreased by 7% YoY
Profit after Tax: ₹153.4 Crore
Net debt: ₹3,856 Crore as at June 30, 2026
Consolidated Operational & Financial Performance for Q1 FY27:
During the quarter, total volume sold increased by 15% YoY to 3.81 Million Tonnes. Of this,
cement volume sold was 2.34 Million Tonnes representing an increase of 27% YoY, versus
1.85 Million Tonnes in Q1 FY26. The volume sold of Ground Granulated Blast Furnace Slag
(“GGBS”) was 1.33 Million Tonnes, representing an increase of 3% YoY, versus 1.30 Million
Tonnes in Q1 FY26.
The strong year-on-year volume growth was driven by continued momentum in cement
volumes across existing regions, further supported by the robust ramp-up of volumes in the
North region.
Commencement of sales in the North region in Q1 FY27: The Company commissioned its
integrated unit at Nagaur district in Rajasthan, with 3.3 MTPA clinker capacity and 2.5 MTPA
grinding capacity, on March 30, 2026. Sales from this unit commenced from April 2026,
initially targeting the markets of Rajasthan and Haryana. The Company achieved an average
utilisation rate of 55% from the Nagaur unit in Q1 FY27.
Consolidated revenue from operations increased 22% YoY to ₹1,896 Crore, while operating
EBITDA was ₹298.6 Crore resulting in operating EBITDA per ton of ₹784 per ton in Q1 FY27.
Q1 FY27 operating EBITDA (excluding the North operations) increased by 4% YoY to ₹336
Crore, equating to ₹979 per ton. Total EBITDA (including other income) was ₹372.3 Crore in
Q1 FY27.
Press Release
August 13, 2026
Growth Strategy & Capex Update:
The Company continues to make progress on its announced expansion program.
During the quarter, substantial progress has been made on installation of the WHRS, OLBC
and AFR co-processing systems at the Nagaur integrated unit, as well as on the additional 1.0
MTPA grinding capacity at this location. The Company has also begun work on the additional
2.5 MTPA grinding unit at Nagaur, which will take the total grinding capacity at Nagaur to 6.0
MTPA.
During the quarter, the Company added a further 56 MW of wind capacity, taking its total
renewable capacity (including WHRS) to 112 MW as at June 30, 2026.
The company incurred capex (including maintenance capex) of ₹337 Crore during Q1 FY27.
Sustainability Updates and Recognitions:
The Company continues to have lowest carbon dioxide emission intensity in the
industry of 338 kg CO2 per ton of cementitious materials in Q1 FY27
Shiva Cement was honoured with Odisha Best Employer Brand Award and Best
Innovation Award (EHS) at the World HRD Congress
JSW Cement’s Vijayanagar Plant was awarded the “GOLD AWARD” at the Green Enviro
Environment Award & Summit, for outstanding achievement in Environment
Excellence
JSW Cement received Global ESG Award 2026 (Diamond) in the Circular Economy
category
About JSW Cement Limited:
JSW Cement Limited is a part of the JSW Group, a multinational conglomerate with a portfolio
of diversified businesses across various sectors such as steel, energy, maritime, infrastructure,
defence, B2B e-commerce, realty, automotive, paints, sports and venture capital. The
Company has a cement grinding capacity of 24.10 MTPA with a clinkerisation capacity of 9.74
MTPA. JSW Cement is India’s largest manufacturer of ground granulated blast furnace slag
(“GGBS”), an eco-friendly product produced entirely from blast furnace slag (a by-product of
the steel manufacturing process), with a market share in terms of GGBS sales of
approximately 84%. The Company’s product portfolio consists of blended cement (including
PSC, PCC and PPC), GGBS, OPC, clinker and a range of allied cementitious products such as
ready-mix concrete, construction chemicals and waterproofing compounds. The Company’s
operations include nine plants in India, which comprised two integrated units, one clinker unit
and six grinding units across the states of Andhra Pradesh (Nandyal plant), Karnataka
(Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal
(Salboni plant), Odisha (Jajpur plant, our subsidiary Shiva Cement Limited’s clinker unit and
the Sambalpur grinding unit) and Rajasthan (Nagaur plant). The Company also operates a
clinker unit through JSW Cement FZC, its Joint Venture in the UAE. JSW Cement Limited has
Press Release
August 13, 2026
the lowest carbon dioxide emission intensity among its peer cement manufacturing
companies in India and globally. Visit us at https://www.jswcement.in/
Forward-Looking and Cautionary Statements:
Certain statements in this release concerning our future growth prospects are forward-
looking statements, which involve a number of risks, and uncertainties that could cause actual
results to differ materially from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited to, risks and
uncertainties regarding fluctuations in earnings, our ability to manage growth, intense
competition within the cement industry, wage increases in India, our ability to attract and
retain highly skilled professionals, our ability to manage our internal operations, reduced
demand for cement, the withdrawal of fiscal governmental incentives, political instability,
unauthorized use of our intellectual property and general economic conditions affecting our
industry. The company does not undertake to update any forward-looking statements that
may be made from time to time by or on behalf of the company.
For media queries, please contact:
media.queries@jsw.in