🏗️ JK Cement FY25 Results: ₹870 Cr Profit, ₹11,093 Cr Revenue — Is This Cement Giant Building a Multibagger or a Legal Time Bomb?
JK Cement Ltd reported a standalone PAT of ₹870 Cr in FY25 with revenue of ₹11,093 Cr, growing ~13% YoY. EPS jumped to ₹112.59, and a ₹20/share dividend was declared. But beneath this smooth surface lie two Competition Commission penalties worth ₹163 Cr still under dispute. Is this India’s cleanest cement play or just another grey area?
🧱 About JK Cement
Founded: 1975, part of JK Organisation
Products: Grey cement, white cement, wall putty (JK WallMaxX)
Presence: PAN-India + UAE (via JK Cement Works, Fujairah)
Global Capacity: 20 MTPA+
Recent Additions: Acquired Toshali Cements in Odisha
It’s the white cement king of India, now expanding into paints, green cement, and Middle East markets.
🧑💼 Key Management
Name
Role
Raghavpat Singhania
MD
Shambhu Singh
VP (Legal), CS
SR Batliboi & Co.
Auditor (Unmodified)
✅ Audit: Clean opinion ⚠️ CCI penalties (~₹163 Cr) not provisioned yet — Supreme Court hearings pending
