Financial Performance Summary

Key Financial Metrics (Q1 FY27)

| Metric | Q1 FY27 | YoY Change |

| Revenue | ₹1,896 crore | +22% |

| Operating EBITDA | ₹298.6 crore | -7% |

| Profit After Tax | ₹153.4 crore | Not provided |

| Net Debt (as of June 30, 2026) | ₹3,856 crore | Not provided |

| Operating EBITDA per ton | ₹784 per ton | Not provided |

Volume Performance

  • Total Volume Sold: 3.81 Million Tonnes in Q1 FY27 (15% YoY increase from 3.31 Million Tonnes in Q1 FY26)
  • Cement Volume: 2.34 Million Tonnes (27% YoY increase from 1.85 Million Tonnes in Q1 FY26)
  • GGBS Volume: 1.33 Million Tonnes (3% YoY increase from 1.30 Million Tonnes in Q1 FY26)

Operational Performance

  • Operating EBITDA excluding North operations: ₹336 Crore (4% YoY increase)
  • Operating EBITDA per ton excluding North operations: ₹979 per ton
  • Total EBITDA (including other income): ₹372.3 Crore

Growth Strategy & Capex Update

Nagaur Unit Commissioning

  • Integrated unit at Nagaur district, Rajasthan commissioned on March 30, 2026
  • Capacity: 3.3 MTPA clinker capacity and 2.5 MTPA grinding capacity
  • Sales commenced from April 2026 targeting Rajasthan and Haryana markets
  • Achieved average utilization rate of 55% in Q1 FY27

Expansion Projects

  • Substantial progress on WHRS, OLBC and AFR co-processing systems at Nagaur
  • Progress on additional 1.0 MTPA grinding capacity at Nagaur
  • Work begun on additional 2.5 MTPA grinding unit at Nagaur (will bring total grinding capacity to 6.0 MTPA)

Renewable Energy

  • Added 56 MW of wind capacity during the quarter
  • Total renewable capacity (including WHRS): 112 MW as of June 30, 2026

Capital Expenditure

  • Capex (including maintenance capex) incurred: ₹337 Crore during Q1 FY27

Sustainability Performance

  • Carbon dioxide emission intensity: 338 kg CO2 per ton of cementitious materials (lowest in industry)
  • Shiva Cement received Odisha Best Employer Brand Award and Best Innovation Award (EHS) at World HRD Congress
  • Vijayanagar Plant awarded "GOLD AWARD" at Green Enviro Environment Award & Summit for Environment Excellence
  • Received Global ESG Award 2026 (Diamond) in Circular Economy category

Company Overview

JSW Cement Limited is part of the JSW Group with diversified businesses across steel, energy, maritime, infrastructure, defense, B2B e-commerce, realty, automotive, paints, sports and venture capital.

Capacity Details

  • Cement grinding capacity: 24.10 MTPA
  • Clinkerisation capacity: 9.74 MTPA
  • Market share in GGBS sales: approximately 84% (India's largest manufacturer)

Product Portfolio

Blended cement (PSC, PCC, PPC), GGBS, OPC, clinker, ready-mix concrete, construction chemicals, waterproofing compounds

Plant Network

Nine plants in India: two integrated units, one clinker unit, and six grinding units across Andhra Pradesh (Nandyal), Karnataka (Vijayanagar), Tamil Nadu (Salem), Maharashtra (Dolvi), West Bengal (Salboni), Odisha (Jajpur, Shiva Cement clinker unit, Sambalpur grinding unit), and Rajasthan (Nagaur). Also operates clinker unit through JSW Cement FZC Joint Venture in UAE.