J.k. Cement Ltd. · NSE:JKCEMENT
J.k. Cement — Q4 FY25 Earnings Presentation
33 slides from J.k. Cement's earnings presentation, May 24, 2025
Slide 1: Exchange filing letter: Outcome of Board Meeting
JKCL/35/SE/2025-26 (BM-3/25) 24th May, 2025 BSE Ltd. National Stock Exchange of India Ltd., Corporate Relationship Department, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400051 Dalal Street, Fort, Mumbai-400001 Scrip Code: JKCEMENT (ISIN.INE Scrip Code:532644
Slide 2: Investor Presentation Q4FY25
Certified Investor Presentation Q4FY25 ys ype
Slide 3: Agenda
Agenda ESG & CSR Performance Company Overview Q4 FY25 Performance
Slide 4: ESG & CSR Performance
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Slide 5: Key ESG Metrics and Sustainability Goals
Key ESG Metrics and Sustainability Goals CO2 Emission Green Power Mix Thermal Substitution Rate Water Positivity (kg/ton of cementitious material) (%) (%) (in times) FY24 512 51 16.3 4.5 FY 25 518 51 11.3 4.7 TARGET FY30 465 75 35 5 Specific Net Scope 1 emission Green Power mix was 19% in TSR was 6%
Slide 6: Social Impact and CSR Outreach
Social Impact and CSR Outreach Social and CSR Expenditure Social Impact Contribution for upliftment of society and eradication of poverty over 19.81 Lakhs both direct & indirect beneficiaries Contribution to Gram Vikas Society for community development YTD March 2025 Free check up camps & Cattle bre
Slide 7: Social Impact and CSR Outreach
Fhachar School (3).jpeg Social Impact and CSR Outreach Health Camp organized at Muddapur Free Eye camp at Mangrol Vocational Training Centre (YPS ITI) at Panna Plantation drive at Gotan School Bag distribution at Balasinor Concrete road at Aligarh Renovation of Primary school at Muddapur Free Cattle
Slide 8: Company Overview
025 Fs Company Overview
Slide 9: Company Snapshot
Company Snapshot Paint Portfolio: 24.34 MTPA 3.05 MTPA 77.50 MW Growing boundaries for Paints Business Grey Cement Capacity White Cement and Wall Putty Coal Based Captive (Includes 0.64 MTPA Capacity (Includes 0.60 MTPA in Power Capacity in Subsidiary) Subsidiary) Paint Business clocked Net Sales of
Slide 10: Panna Expansion: 3.3 MTPA Clinker Capacity
Limestone Stacker & Reclaimer Panna Line-II- Kiln & TAD 3.3 MTPA Grey Clinker Capacity at Panna - Construction work is progressing as per schedule 3 MTPA Cement Capacity at Panna, Hamirpur & Prayagraj (1 MTPA at each location) - Panna -Cement Mill output increased through process optimization - Pray
Slide 11: 3 MTPA Split Grinding Unit at Bihar
Clinker Silo & Fly Ash Silo BRU Truck Tripler 3 MTPA Split Grinding Unit at Bihar - Construction is going on as per schedule - ₹ 159 Cr Capex YTD Mar 2025 Note: Schedule Commissioning - December 2025 10
Slide 12: Business Performance Highlights
Business Performance Highlights: (Standalone) 25% QoQ 5% QoQ Grey Cement White Cement & Wall Putty Sales volume growth Sales volume growth Achieved EBIDTA of Prayagraj GU commissioned during the year is operating at Rs 736 crore in Q4FY25 almost 80% Capacity Utilisation (Rs 490 crores in Q3FY25 ) Ex
Slide 13: Q4 FY25 Performance
Q4 FY25 Performance
Slide 14: Grey Cement (standalone)
Grey Cement (standalone) Capacity Blended Cement Volumes Net Sales Trade Mix Utilisation Realisation Cement- 90% 68% 5.39 Million Tons ₹4,899 per ton 71% Vs 67% in Q3FY25 Vs 4.29 Million Tons in Vs 66% in Q3FY25 Clinker- 94% Vs ₹ 4,757 per ton in Q3FY25 Q3FY25 Premium products Higher volume due to M
Slide 15: Quarterly Sales Volumes (in Lakh Tons)
(Quarterly) (in Lakh Tons) ⬆︎ QoQ ⬆︎ YoY ⬆︎ QoQ ⬆ YoY ⬆︎ QoQ ⬆ YoY 0.7 6.0 1.7 5.4 1.4 1.6 0.1 5.7 0.5 53.9 54.6 46.8 4.3 46.9 43.5 4.0 4.1 43.0 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Standalone Subsidiary Standalone Subsidiary Grey White Grey Cement –Double digit vo
Slide 16: Yearly Sales Volumes (in Lakh Tons)
(Yearly) (in Lakh Tons) ⬆ YoY ⬆ YoY ⬆ YoY 1.8 22.2 0.1 21.8 178.2 6.1 5.9 168.7 180.0 168.7 15.7 16.3 FY24 FY25 FY24 FY25 FY24 FY25 Standalone Subsidiary Standalone Subsidiary Grey White Volume growth is in mid single digit due to flat demand in H1FY25 15
Slide 17: Quarterly Particulars Q4 FY25 (Standalone)
Quarterly Particulars (in ₹ Cr) Q4 FY25 Q3 FY25 QoQ Q4 FY24 YoY Grey Net Sales 2,640 2,045 29% ⬆︎ 2,304 15% ⬆︎ White Net Sales 529 496 7% ⬆︎ 521 2% ⬆︎ Total Net Sales 3,169 2,541 25% ⬆︎ 2,825 12% ⬆︎ Combined EBITDA 736 490 50% ⬆︎ 548 34%⬆︎ 16
Slide 18: Year End Particulars FY25 (Standalone)
Year End Particulars (in ₹ Cr) FY25 FY24 YoY Grey Net Sales 8498 8447 1% ⬆︎ White Net Sales 1998 2038 2% ⬇︎ Total Net Sales 10496 10485 - Combined EBITDA 1978 2005 1% ⬇︎ 17
Slide 19: Quarterly Particulars Q4 FY25 (Consolidated)
Quarterly Particulars (in ₹ Cr) Q4 FY25 Q3 FY25 QoQ Q4 FY24 YoY Grey Net Sales 2,676 2,068 29% ⬆︎ 2,311 16% ⬆︎ White Net Sales 790 751 5% ⬆︎ 706 12% ⬆︎ Total Net Sales 3,466 2,819 23% ⬆︎ 3,016 15% ⬆︎ Combined EBITDA 765 492 55% ⬆︎ 560 37% ⬆︎ 18
Slide 20: Yearly Particulars FY25 (Consolidated)
(Yearly) Particulars (in ₹ Cr) FY25 FY24 YoY Grey Net Sales 8,592 8,454 2% ⬆︎ White Net Sales 2,901 2,748 6%⬆︎ Total Net Sales 11,493 11,202 3% ⬆︎ Combined EBITDA 2,027 2,060 2% ⬇︎ 19
Slide 21: Pet Coke and Diesel Price Trends
Jan-24 ($/MT) Feb-24 116.8 116.7 Mar-24 114.0 Apr-24 May-24 112.4 111.8 Jun-24 Jul-24 Pet Coke prices consistently increasing Aug-24 106.5 107.2 107.3 Sep-24 102.7 Oct-24 93.6 Nov-24 97.1 Dec-24 102.4 Jan-25 107.8 Feb-25 115.8 Mar-25 120.2 Jan-24 92.70 Feb-24 (₹/Litre) Mar-24 Apr-24 May-24 Jun-24 Di
Slide 22: Cost Trend (Grey standalone) (quarterly)
Cost Trend (Grey standalone) (quarterly) (₹/K. Cal) (₹/MT) 1.80 1.50 ⬇︎ QoQ ⬇︎ YoY 1.41 903 745 702 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Reduction in Pet Coke price (YoY) 21
Slide 23: Cost Trend (Grey standalone) (quarterly)
Cost Trend (Grey standalone) (quarterly) (Kms) (₹/MT) 2% ⬆︎QoQ ⬆︎ YoY 434 422 1,290 419 1,263 1,230 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Due to extended footprint Increase in lead distance 22
Slide 24: Cost Trend (standalone) (quarterly)
Cost Trend (standalone) (quarterly) (₹/MT) (₹/MT) ⬇︎ ⬇︎ ⬇︎ ⬇︎ QoQ YoY QoQ YoY 921 965 915 433 387 356 Q4 FY24 Q3FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Lower due to operating leverage Lower due to operating leverage despite higher advertisement & marketing spent 23
Slide 25: Quarterly Particulars Q4 FY25 (Standalone)
Quarterly Particulars (in ₹ Cr) Q4 FY25 Q3 FY25 QoQ Q4 FY24 YoY Net Sales 3,225 2,606 24% ⬆ 2,856 13% ⬆ Revenue from Operations 3,343 2,715 23% ⬆ 2,939 14% ⬆ Operating Expenses 2,607 2,225 17% ⬇︎ 2,391 9% ⬇︎ EBITDA 736 490 50% ⬆ 548 34% ⬆ Margins % 22.8% 18.7% 22% ⬆ 19.2% 19% ⬆ Depreciation 133 125
Slide 26: Yearly Particulars FY25 (Standalone)
Yearly Particulars (in ₹ Cr) FY25 FY24 YoY Net Sales 10708 10563 1% ⬆ Revenue from Operations 11093 10918 2% ⬆ Operating Expenses 9115 8913 2% ⬇︎ EBITDA 1978 2005 1% ⬇︎ Margins % 18.5 18.9 2% ⬇︎ Depreciation 508 486 5% ⬇︎ Finance Cost 449 437 3% ⬇︎ Other Income 169 135 25% ⬆ Profit before Tax (after
Slide 27: Quarterly Particulars Q4 FY25 (Consolidated)
Quarterly Particulars (in ₹ Cr) Q4 FY25 Q3 FY25 QoQ Q4 FY24 YoY Net Sales 3,466 2,819 23% ⬆ 3,016 15%⬆ Revenue from Operations 3,581 2,930 22% ⬆ 3,105 15%⬆ Operating Expenses 2,816 2,438 16% ⬇︎ 2,545 11%⬇︎ EBITDA 765 492 55% ⬆ 560 37% ⬆︎ Margins % 22.1% 17.4% 26% ⬆ 18.5% 19% ⬆ Depreciation 162 146 1
Slide 28: Yearly Particulars FY25 (Consolidated)
Yearly Particulars (in ₹ Cr) FY25 FY24 YoY Net Sales 11,493 11,203 3% ⬆ Revenue from Operations 11,879 11,556 3% ⬆ Operating Expenses 9,852 9,496 4% ⬇︎ EBITDA 2,027 2,060 2% ⬇︎ Margins % 17.6% 18.3% 4% ⬇︎ Depreciation 601 573 5% ⬇︎ Finance Cost 459 453 1% ⬇︎ Other Income 173 145 19% ⬆ Profit before
Slide 29: Financial Metrics FY24 vs FY25 (₹ Cr)
(₹ Cr) (₹ Cr) (₹ Cr) 5,101 2,536 4,593 2,006 2,587 2,565 FY24 FY 25 FY24 FY 25 FY24 FY25 28
Slide 30: Debt and Leverage FY24 vs FY25
(₹ Cr) 6,065 5,353 1.29 1.30 0.48 0.42 FY24 FY25 FY24 FY25 FY24 FY25 29
Slide 31: Awards & Accolades
Awards & Accolades ⬇︎ Hurun India Leadership in Cement Industry Innovation and Global J.K Cement conferred as Fastest Growing Cement Company in Large J.K Cement conferred as Best Realty Brands 2025 in Building Material Expansion Award to Dr. Raghavpat Singhania & Sector at 8th Indian Cement Review A
Slide 32: Celebrating Significant Milestones
Celebrating Significant Milestones To embark the journey of 50 years of Grey Business and 40 years of White Business, throughout the year we would be organising welfare programme for employees and our stakeholders 140 years 50 years 40 years of strong foundation in the Grey Cement Business in the Wh
Slide 33: Thank you
Thank you