JSW Cement shares surged 11.52% to Rs 142.15 during Friday’s trading session after the company reported a sharp jump in Q4FY26 earnings, driven by strong profit growth and healthy double-digit revenue expansion.The company posted a consolidated net profit of Rs 362 crore for the March quarter, marking a massive 2,162% year-on-year increase from Rs 16 crore reported in the same period last year. The sharp rise in profitability was largely driven by a low base effect from an exceptional non-cash expense recorded in the previous year.Revenue from operations rose 11% YoY to Rs 1,895 crore in Q4FY26, compared to Rs 1,709 crore in Q4FY25, reflecting steady demand and improved sales volumes.Operating EBITDA climbed 46% YoY to Rs 365 crore from Rs 250 crore a year ago, while EBITDA margin improved significantly to 19.3% from 14.6%, supported by better operational efficiencies.The board also recommended a dividend of Rs 0.50 per equity share of face value Rs 10 for FY26, subject to shareholder approval.During the quarter, total sales volume increased 7% YoY to 3.99 million tonnes. Cement sales volumes grew 12% to 2.35 million tonnes, while GGBS (Ground Granulated Blast Furnace Slag) sales rose 5% to 1.57 million tonnes.EBITDA per tonne stood at Rs 916, and after adjusting for forex losses, adjusted operating EBITDA came in at Rs 378.4 crore or Rs 950 per tonne.For the full financial year FY26, the company reported:For FY26, the company reported a 12% year-on-year rise in revenue to Rs 6,512 crore, while operating EBITDA jumped 44% to Rs 1,240 crore with an EBITDA margin of 19%. Total EBITDA, including other income, stood at Rs 1,393 crore, and overall sales volumes increased 11% YoY to 13.96 million tonnes. Cement sales volumes for FY26 increased 9% to 7.73 million tonnes, while GGBS volumes rose 12% to 5.78 million tonnes.The stock is currently trading with a market capitalisation of Rs 16,483 crore and has touched a 52-week high of Rs 162.15. Technically, the stock remains strong, with the 14-day RSI at 59.2 indicating positive momentum, while trading above all seven key simple moving averages (SMAs), reflecting a bullish trend.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
JSW Cement shares gain 12% as Q4FY26 profit jumps to Rs 362 crore
JSW Cement shares soared over 11% following a remarkable Q4FY26 earnings report. The company posted a staggering 2,162% year-on-year profit jump, fueled by robust revenue growth and improved operational efficiencies. Strong sales volumes across cement and GGBS segments contributed to this impressive financial performance, prompting a dividend recommendation.
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