JK Lakshmi Cement Limited (500380) Earnings Call Transcripts

JK Lakshmi Cement Limited's Latest Earnings Call - Q4 FY2026

In the Q4 FY '26 earnings call for JK Lakshmi Cement Limited, the company reported a revenue of INR 1,200 crores, which was inline with expectations, and an EPS of INR 6.50, slightly below consensus estimates. Management indicated a cautious outlook for FY '27, projecting cement demand growth of 6% amid rising input costs and competitive pricing pressures. The company maintained its guidance for future capacity additions while highlighting challenges in passing through cost increases to customers.

Reported metrics

Guidance from management

Management maintained a cautious outlook for FY '27, projecting cement demand growth of 6% and indicating that input costs would continue to rise, impacting margins. They expect to achieve capacity additions of 45-50 million tonnes.

What management said

So '26, '27 estimated to be about again, estimated. And our estimate is about around 45 million to 50 million tonnes, right? Last year, it was about 64 million tonnes. And this is the cement capacity. Now you have to apply that clinker factor, whatever clinker factor is there on an all-India basis, which is about maybe about 1.6 or so, depending on [indiscernible]

So April demand was better, May when we started there was sluggishness and because of the reason because typically, wherever we operate, I think, laborers had gone to their respective places for election. Now there was some delay on account of they are coming back, that impacted demand to an extent initially. But I see a little better demand 15th May onwards. So April was better, May initially, it was sluggish beca...

What analysts pressed on

Analysts expressed concerns about the company's ability to pass through rising costs to customers, particularly in light of weak pricing power. There were also questions regarding the slower than expected growth in non-cement revenue and the impact of geopolitical tensions on operational costs.

Main topics on the call

• Cement Demand Growth — Management reported a cement demand growth of 7% for FY '26, with Q4 growth estimated at 6% to 6.5%. They noted, "Cement demand remained strong during December '25 until about February 2026, so 8% to 10% growth, but mode...
• Input Cost Pressures — Management highlighted significant increases in input costs, with energy costs expected to rise by INR 300 per tonne and packaging costs by INR 80 to INR 100 per tonne. They stated, "Limited price hike constrained margin...
• Pricing Power Weakness — Despite some price increases in the non-trade segment, management acknowledged that these were insufficient to offset rising costs, stating, "Those price increases are not at all commensurating with the cost increase whi...
• Future Capacity Additions — Management expects capacity additions to slow down, projecting about 45 million to 50 million tonnes for FY '27 compared to 64 million tonnes in FY '26. They mentioned, "Capacity addition may slow down in the backdrop of...

Read the full JK Lakshmi Cement Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 JK Lakshmi Cement Limited earnings call transcripts on record, spanning January 29, 2020 to August 6, 2026. Based on this history, JK Lakshmi Cement Limited reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

500380

Exchange

BSE

Country

IN

Sector

Materials

Industry

Construction Materials

Calls on record

24

First call

January 29, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly