Cement & Cement Product company JSW Cement announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from operations for Q4FY26 stood at Rs 1,895 crore, representing an 11% YoY increase compared to Rs 1,709 crore in Q4FY25. For the full year FY26, Revenue increased by 12% YoY to Rs 6,512 crore. Operating EBITDA for Q4FY26 reached Rs 365.0 crore, marking a 46% YoY growth compared to the previous year. Operating EBITDA margin for Q4FY26 improved to 19.3%, compared to 14.6% in Q4FY25. For FY26, Operating EBITDA stood at Rs 1,240.3 crore, representing a substantial increase of 44% YoY, with an operating EBITDA margin of 19.0%. Total EBITDA (including other income) was Rs 385.6 crore in Q4FY26 and Rs 1,392.7 crore for FY26. Operating EBITDA per ton for Q4FY26 was Rs 916 per ton. When adjusted for forex losses, it was Rs 378.4 crore, equating to Rs 950 per ton. Operating EBITDA per ton for the full year FY26 stood at Rs 888 per tonne. Profit after Tax (PAT) / Adjusted Profit after Tax for Q4FY26 was Rs 361.7 crore. Adjusted Profit after Tax for FY26 was Rs 667.6 crore. The company reported a net debt of Rs 3,635 crore as of March 31, 2026. The Board has recommended a dividend of Rs 0.5 per equity share of face value Rs 10 each for FY26, subject to shareholder approval. The company recognized a reduction in net deferred tax liabilities of Rs 211.21 crore in Q4FY26 and FY26 due to the decision to adopt the New tax regime from financial year 2026–27 onwards. The company incurred capex (including maintenance capex) of Rs 506 crore in Q4FY26 and Rs 1,962 crore for the full year FY26. Business Highlights: Volume Performance: Total Volume Sold in Q4FY26 increased by 7% YoY to 3.99 million tonnes from 3.73 million tonnes in Q4FY25. For the full year FY26, Total Volume Sold reached 13.96 million tonnes, an 11% YoY increase. Segment-wise Performance (Volumes): Cement: Volume sold in Q4FY26 was 2.35 million tonnes (up 12% YoY from 2.10 million tonnes). For FY26, cement volume sold was 7.73 million tonnes (up 9% YoY). Ground Granulated Blast Furnace Slag (GGBS): Volume sold in Q4FY26 was 1.57 million tonnes (up 5% YoY from 1.49 million tonnes). For FY26, GGBS volume sold was 5.78 million tonnes (up 12% YoY). Capacity Expansion & Strategic Updates: The Company successfully completed its IPO and listed on the NSE and BSE on August 14, 2025. In March 2026, the company commissioned its first facility in North India, a greenfield integrated unit at Nagaur, Rajasthan, featuring a 3.3 MTPA clinkerisation unit and 2.5 MTPA grinding capacity. The Board approved an additional 2.5 MTPA cement grinding capacity at the Nagaur unit (totaling 6.0 MTPA) with an estimated investment of Rs 430 crore. In October 2025, subsidiary Shiva Cement commissioned a 1.0 MTPA grinding unit at Sambalpur, Odisha. The Company was declared the 'Preferred Bidder' for mining leases of the Sikilangso limestone blocks in Assam in March 2026. Launched super-premium cement in the Southern and Eastern regions in July 2025. The company is progressing toward a pan-India presence with a target of 46.00 MTPA grinding capacity and 13.04 MTPA clinker capacity. Result PDF