India · Delayed Price · Currency is INR JSW Cement Earnings Call Transcripts
Fiscal Year 2027
-
Q1 FY 2027 saw strong revenue growth and robust demand, especially in the North, but EBITDA declined due to higher costs and marketing investments. High teens volume growth is expected for the year, with cost-saving initiatives and capacity expansions underway.
Fiscal Year 2026
-
Q4 FY 2026 saw double-digit revenue and EBITDA growth, with strong volume gains and margin expansion. Capacity expansion in Rajasthan is on track, while guidance for mid- to high-teens volume growth and robust CapEx remains intact.
-
Q3 FY 2026 saw 14% YoY sales volume growth and 13% revenue growth, with EBITDA margin up 250 bps. Capacity expansions and green energy initiatives are on track, and mid-to-high teens volume growth is guided for next year, excluding North expansion.
-
Q2 FY26 delivered 15% YoY sales volume growth and 17% revenue growth, with strong margin expansion and significant cost savings. Capacity expansion is on track, green power adoption is accelerating, and the company targets mid-teen volume growth for FY26.
-
Q1 FY26 saw revenue rise 8% YoY to INR 1,560 crore and operating EBITDA jump 39% YoY, with strong volume growth and margin expansion. Cost-saving initiatives and capacity expansions are on track, while guidance targets over 15.5 million tons in sales and further margin improvement.