JK Lakshmi Cement
Other · 1 quarter tracked · source-linked performance and management context.
Latest revenue
₹1,588 Cr
verified financial record
Quarters tracked
1
source records in the directory
Delivery assessment
Unscored
No scored management commitments are present yet.
Call date
2026-02-10
latest available source date
Signal trajectory
1 actual quarterCurrent read
Unscored
No scored management commitments are present yet.
Latest source read
What changed this quarter?
JK Lakshmi Cement reported a sharp 9% QoQ decline in cement realizations in Q3 FY26, driven by a 4pp drop in trade sales share to 49% and a >10% fall in non-trade prices, especially in Gujarat where the new Surat grinding unit (commissioned Sep 2025) ramped up. Volume growth was supported by the new capacity, but realizations fell ~₹450/ton QoQ. Management expects trade share to recover to ~54-55% in Q4, with non-trade prices up ₹10-15/ton in Jan. Fuel costs are rising (petcoke to ₹1.58-1.60/kcal). The ₹3,000cr capex for line-2 clinker and grinding is on track for completion by Mar'28, with ₹650-700cr spend in FY26. Risk: further price erosion if industry adds capacity ahead of demand.
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Signal
Negative
Revenue
₹1,588 Cr
Source date
2026-02-10
Across the record
Quarter history.
History modules