JK Lakshmi Cement Limited held an earnings conference call for the quarter ended 30th June 2026 (Q1 FY27), hosted by PhillipCapital (India) Private Limited. The event took place on 6th August 2026 at 4:00 P.M. IST.

The stated purpose of the call was to discuss the company's Q1 FY27 results and provide a business update. Management participants included Mr. Arun Shukla, President and Director, and Mr. Sudhir Bidkar, Executive Director Corporate Affairs and Chief Financial Officer. The moderator was Mr. Vaibhav Agarwal from PhillipCapital (India) Private Limited.

The company indicated that a presentation for Q1 FY27 was available for download from the company website. Standard forward-looking statement and risk disclaimer language was provided at the outset of the call.

Financial & Operational Highlights Discussed:

  • Volume & Industry Context: Cement industry volume grew ~8% YoY in Q1. The company's sales volume was 3.598 million tonnes.
  • Realization: Net cement realization increased by approximately 9% sequentially (QoQ). This improvement was attributed to a favorable geo-mix (90% of sales concentrated in Gujarat, Rajasthan, Chhattisgarh, Haryana, and Western UP) and price increases in the non-trade segment (41% of sales). Average lead distance reduced by 20 km to 368 km.
  • Cost Pressures: Fuel cost per Kcal increased to INR 1.65 from INR 1.54 in the previous quarter, driven by geopolitical disruptions affecting imported coal and petcoke. Costs are expected to rise further to INR 1.8-1.85 per Kcal in Q2. Packaging costs are also rising, estimated at an additional INR 3.5-4 per bag.
  • Profitability: The non-cement business (RMC, AAC, POP) reported revenue of INR 185 crores with an EBITDA margin of 5%.
  • Capex & Expansion: Capex spent in Q1 was INR 300 crores. Aggregate spend on the Durg expansion is INR 400 crores so far. Guidance for FY27 capex is ~INR 1,500 crores, FY28 is ~INR 2,000 crores, and FY29 is ~INR 1,500 crores, covering expansions in Durg and the Northeast. The target to achieve 30 MTPA capacity by FY30 was reaffirmed. The net debt-to-EBITDA ratio is targeted to not exceed 2.5x-2.75x during this expansion phase.
  • Renewable Energy: 49% of power consumption was from renewable sources (129 MW solar, 45 MW WHRS, 4 MW wind). An SPV for a new 42 MW solar project was discussed, expected to provide savings of INR 1.65/unit with a payback of less than two years, with benefits likely starting in Q4 FY27 or Q1 FY28.
  • AGM & Proxy Advisors: Management addressed a recent AGM where some proxy advisors recommended negative votes on certain resolutions, including the re-election of Mr. Shukla. The company engaged with the advisors and provided representations. All resolutions were ultimately passed with an overwhelming majority.

Additional Notes Section

The document is a regulatory filing submitted to the BSE and NSE on 7th August 2026 by Company Secretary Amit Chaurasia. It includes the complete transcript of the earnings conference call as an enclosure. The announcement itself does not contain new financial data beyond what was presented in the results and discussed on the call. No unpublished price sensitive information (UPSI) was indicated to be shared in the announcement.