JK Lakshmi Cement Limited — Investor Meet, 10-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

JK Lakshmi Cement's Q2 & H1 FY26 call highlighted capacity expansion plans, targeting 22.6 MT by FY28 with Durg Brownfield (₹3,000 Cr CAPEX, major orders placed for March '27 completion). Future goal: 30 MT by FY30 via Nagaur, Kutch, Assam Greenfields. Non-cement revenue hit ₹153 Cr (4% EBITDA). Sales mix favored North (69%) and premium products (26%). Expects demand uptick from November, potentially aiding non-trade prices. Facing cost pressures from lower green power (46%) and rising Petcoke. Management focuses on efficiency, new brand 'Green Plus', AI/ML, and internal discipline to achieve industry-leading growth and its ₹1,000 EBITDA per ton ambition, showing confidence in its strategy.