JK Lakshmi Cement Q4 FY26 Earnings Conference Call

JK Lakshmi Cement held a Q4 FY26 earnings call discussing industry-wide 7% demand growth to 480 million tons and 64 million ton capacity addition.
Management outlined a significant capex plan of INR 1,500-1,700 crore for FY27 and ~INR 2,000 crore for FY28 to fund expansion projects in Durg and the Northeast.
The company reported a clinker production of 92.26 lakh tons for FY26 and is targeting 30 million ton capacity by 2030, with the Surat plant ramping up to over 60% utilization.
Executives highlighted cost pressures from a ~INR 300/ton energy cost increase and ~INR 80-100/ton packaging cost rise, partially mitigated by operational efficiency measures.