JSW Cement Announces Audited Results for FY 2026 and Approves 2.5 MTPA Capacity Addition in Nagaur
JSW Cement Limited announced the approval of its audited standalone and consolidated financial results for the quarter and full financial year ending March 31, 2026, during a Board meeting held on May 21, 2026. The board meeting also saw the recommendation of a dividend and the approval for the addition of 2.5 Million Tonnes Per Annum (MTPA) cement grinding capacity at its Nagaur unit in Rajasthan.The company confirmed that the audited financial results for the quarter and full year were subject to an unmodified opinion from the statutory auditors, Deloitte Haskins & Sells LLP.
Financial Performance Overview
The board approved the consolidated and standalone financial results for the quarter and financial year ending March 31, 2026.The consolidated financial statements provided the following key figures:
| Metric | Quarter Ended March 31, 2026 | Year Ended March 31, 2026 |
|---|---|---|
| Revenue from operations | 1,894.99 | 6,512.46 |
| Total income | 1,915.57 | 6,664.86 |
| Total expenses | 1,702.30 | 5,972.38 |
| Profit before tax | 214.88 | (781.22) |
The company also reported the following total assets and liabilities as of March 31, 2026:
| Item | Amount (in crore) |
|---|---|
| Total Assets | 14,535.48 |
| Total Equity and Liabilities | 14,535.48 |
Strategic Growth and Dividend Recommendation
The company announced a major strategic move to bolster its operational capacity in Nagaur, Rajasthan. The board approved the establishment of an additional cement grinding capacity of 2.5 MTPA at the Greenfield Integrated Unit in Nagaur. This expansion aims to increase the utilization of the Nagaur clinker line and ensure the facility is largely selfsufficient in terms of cement grinding capacity.Regarding shareholder returns, the board of directors recommended a dividend of Rs. 0.50 (five paisa only) per equity share of Rs. 10 for the financial year ended March 31, 2026, subject to approval by the members at the upcoming Annual General Meeting.
Governance and Appointments
The board meeting approved several key appointments for both internal governance and corporate leadership.The company announced the following appointments:
- Whole-time Director and CEO: Mr. Nilesh Narwekar (DIN 06908109) was recommended for reappointment for the next three years, effective from August 9, 2026.
- Independent Director: Mr. Sumit Banerjee (DIN 00213826) was recommended for reappointment as an Independent Director for a second term of five consecutive years, effective from July 28, 2026.
Furthermore, the board approved the reappointment of the company's statutory auditors for the financial year 2026-27:
| Role | Appointee |
|---|---|
| Internal Auditor | Mr. Amresh Shrivastava, General Manager, Internal Audit Team |
| Cost Auditor | M/s Kishore Bhatia & Associates, Cost Accountants |
Investor Trading Window
The company noted that the Trading Window for all Designated Persons, Employees, and their Immediate Relatives will open 48 hours after the declaration of the audited financial results.JSWCEMENT Stock Price Movement
Shares of JSW Cement Limited are rallying by 6.65% as of 1:41 PM, currently trading at ₹128.95. The stock remains highly active in live trading, operating within a day range of ₹121.28 to ₹132.13, and logging a volume of 20.56 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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