Conference Call with JSW Cement Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Cement & Cement Products company JSW Cement announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a Total Income of Rs 1,970.19 crore in Q1FY27, representing a YoY increase of 24.55% from Rs 1,581.87 crore in Q1FY26 and a QoQ growth of 2.85% compared to Rs 1,915.57 crore in Q4FY26. Revenue from Operations: Revenue stood at Rs 1,896.41 crore in Q1FY27, reflecting a YoY growth of 21.58% compared to Rs 1,559.82 crore in Q1FY26 and a marginal QoQ increase of 0.07% from Rs 1,894.99 crore in Q4FY26. Profit Before Tax (PBT): The company achieved a PBT of Rs 190.16 crore in Q1FY27, marking a turnaround from a loss of Rs 1,301.64 crore in Q1FY26, while recording a QoQ decrease of 11.50% from Rs 214.88 crore in Q4FY26. Net Profit: Consolidated Net Profit for Q1FY27 was Rs 153.43 crore, a turnaround from a net loss of Rs 1,366.41 crore in Q1FY26, but a QoQ decline of 57.57% from Rs 361.65 crore in Q4FY26. Earnings Per Share (EPS): Basic EPS for Q1FY27 was Rs 1.20, compared to an EPS of Rs 2.77 in Q4FY26 and a negative EPS of Rs 13.75 in Q1FY26. Full Year Performance (FY26): For the full year ended March 31, 2026, the company reported a Total Income of Rs 6,664.86 crore and a Net Loss of Rs 798.78 crore. Standalone Financial Highlights: Total Income: Standalone Total Income reached Rs 1,779.02 crore in Q1FY27, up 19.59% YoY from Rs 1,487.65 crore in Q1FY26 and down slightly by 0.64% QoQ from Rs 1,790.47 crore in Q4FY26. Revenue from Operations: Standalone Revenue was Rs 1,737.89 crore in Q1FY27, showing a YoY growth of 20.25% from Rs 1,445.22 crore in Q1FY26 and a marginal QoQ decrease of 0.65% from Rs 1,749.19 crore in Q4FY26. Net Profit: The company reported a standalone Net Profit of Rs 111.41 crore for Q1FY27, a turnaround from a loss of Rs 1,332.34 crore in Q1FY26, while recording a QoQ decline of 71.31% from Rs 388.27 crore in Q4FY26. Full Year Performance (FY26): For the year FY26, standalone Total Income was Rs 6,228.74 crore with a Net Loss of Rs 698.67 crore. Business Highlights: Segment Performance: The company operates in a single reportable business segment, providing cement and cement-related products. Fund Raising: The Board has approved raising funds up to Rs 500 crore through the issuance of rated and listed Non-Convertible Debentures (NCDs) on a private placement basis. Gain on Joint Venture: During Q1FY27, the company recognized a gain of approximately Rs 55.21 crore under other income, following the dilution of its stake in one of its Joint Ventures. Taxation Update: The company has decided to exercise the option to adopt the new tax regime (under Section 115BAA of the Income-tax Act, 1961) starting from the financial year 2026-27. Expected Credit Loss Provision: As of June 30, 2026, the company carries a provision for expected credit loss (ECL) of Rs 49.18 crore related to uncertainties regarding the recovery of Industrial Promotional Assistance incentives in West Bengal. Result PDF