JSW Cement Limited — PPTs, 21-05-2026: Investor Presentation

Here's a summary of JSW Cement's investor presentation:

**1. Business Performance:**

JSW Cement demonstrated strong growth in FY26, with total volume sold up 10.6% YoY to 13.96 million MT and revenue from operations rising 12.0% to ₹6,512 Cr. Operating EBITDA saw a significant jump of 43.6% to ₹1,240 Cr, with EBITDA per ton improving to ₹888. This performance was driven by increased volumes in both cement and GGBS segments, alongside strong brand launches and capacity expansions.

**2. Growth Drivers or Strategy:**

The company is focused on expanding its pan-India presence. Key strategic moves include the commissioning of its Nagaur integrated unit in North India (3.3 MTPA clinker, 2.5 MTPA grinding) and the Sambalpur grinding unit in East India (1.0 MTPA). JSW Cement also launched a super-premium cement in Southern and Eastern regions, targeting premium market segments.

**3. Recent Developments:**

Significant developments include the successful listing of the company on NSE and BSE in August 2025. The Nagaur Integrated Unit in Rajasthan commenced production in March 2026, marking a key entry into North India, complemented by a brand launch in the region. Shiva Cement also commissioned its 1.0 MTPA Sambalpur Grinding Unit.

**4. Key Financial Metrics:**

* Revenue from Operations (FY26): ₹6,512 Cr (+12.0% YoY)

* Operating EBITDA (FY26): ₹1,240 Cr (+43.6% YoY)

* Operating EBITDA per ton (FY26): ₹888

* Net Debt to TTM EBITDA: 2.72x as of March 31, 2026.

**5. Management Commentary / Outlook:**

Management highlights strong medium-term growth potential for cement demand, expected to outpace capacity additions across rural housing, urban housing, and infrastructure segments. GGBS demand is also projected to grow faster than cement. The company is strategically positioned to benefit from ongoing government infrastructure spending.