JK Lakshmi Cement Limited reported strong financial performance for FY 2025-26 with 52% year-on-year growth in net profit to ₹430.34 crore on revenue of ₹6,879.10 crore. Cement sales volume increased 10% to 13.35 million tonnes with cement production reaching 12.61 million tonnes at 73% capacity utilization. The company declared a final dividend of 130% (₹6.50 per share) with record date fixed for July 17, 2026.
Corporate governance highlights include an eight-member board with five meetings held during the year, comprehensive internal control systems, and robust risk management framework. The company will hold its 86th Annual General Meeting on July 30, 2026 via video conference to seek shareholder approval for financial statements, dividend declaration, and reappointment of Vinita Singhania as Chairperson & Managing Director for five years with proposed monthly remuneration of ₹100 lakh.
Significant corporate actions included the amalgamation of three subsidiaries (Udaipur Cement Works Ltd, Hansdeep Industries & Trading Company Ltd, and Hidrive Developers and Industries Limited) effective July 31, 2025, resulting in issuance of 64,74,360 equity shares. The company also acquired 77.96% stake in NECEM Cements Limited for ₹1.30 crore with ₹10 crore payable upon fulfillment of conditions.
Operational metrics showed improvement with current ratio at 1.31 (up from 1.04), debt-equity ratio at 0.63 (down from 0.71), and return on equity increasing to 11.46% from 8.15%. The company expanded capacity to 18 MTPA with commissioning of additional grinding unit at Surat (1.35 MTPA) and de-bottlenecking at Sirohi, while Durg plant expansion is ongoing with target completion by March 2028.
Sustainability initiatives included 47% renewable energy usage, thermal substitution rate of 9%, water positivity of 4.66 times, and CSR expenditure of ₹10.88 crore benefiting 3.28 lakh+ people. The company launched Green PRO LC3 cement with 40% lower CO2 emissions.
Financial statements received unmodified audit opinion from Lodha & Co LLP, with key audit matter focusing on revenue recognition involving complex assessment of discounts, incentives and rebates. The company maintains CRISIL AA/Stable and CARE AA/Stable ratings for long-term facilities.