JSW Cement (JSWCEMENT) Investor presentation summary

Business overview and growth strategy

• Operates 24.1 MTPA grinding capacity across 8 units, with a pan-India and UAE presence and plans to expand to 43.3 MTPA by 2028.

• Achieved 14.7% grinding capacity CAGR and 14.2% sales volume CAGR from FY16–FY26.

• Holds 84% market share in GGBS, the largest in India, and maintains the lowest CO₂ emission intensity in the sector.

• Secured limestone reserves exceeding 1.3 billion MT, supporting long-term growth.

• Expansion includes new integrated and grinding units in Rajasthan, Punjab, UAE, and increased renewable energy capacity.

Financial performance and operational highlights

• Q1 FY27 revenue from operations rose 21.6% YoY to ₹1,896.4 crore, with total volume sold up 15% YoY to 3.81 million MT.

• Cement realization increased 6% QoQ; GGBS realization up 3.4% QoQ.

• Operating EBITDA declined 7.5% YoY to ₹298.6 crore due to higher power, fuel, and other expenses.

• PAT for Q1 FY27 was ₹153.4 crore; net debt stood at ₹3,856 crore with a net debt/EBITDA of 2.95x.

• Long-term credit rating upgraded to IND AA- with a stable outlook.

Sustainability and ESG achievements

• Achieved the lowest CO₂ emission intensity in the Indian cement industry at 269 kg/tcm in FY26.

• Clean energy portfolio reached 30% in Q1 FY27, with 112 MW renewable capacity installed.

• Received top global and national ESG awards, including the Global ESG Diamond Award and FICCI recognition for circular economy initiatives.

• Near-term target to reduce emission intensity by 32.9% by FY2034–35, aligned with a 1.5°C pathway.

• Extensive CSR initiatives benefited over 660,000 people in FY26 across education, health, rural development, and child protection.