JK Cement
JK Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation, which was founded by LalaKamlapat Singhania. For over four decades, JK Cement has partnered India’s multi-sectoral infrastructure needs on the strength of its product excellence, customer orientation and technology leadership. Currently, company has an installed grey cement capacity of 14.7MnTPA, making it one of the top cement manufacturers in the country.
JK White Cement, a division of JK Cement Ltd., enjoys a PAN India presence and the Company is the leading producer of Wall Putty in the Country. The Company is the second largest manufacturer of white cement in India, with an annual capacity of 600,000 tonnes. Having established a strong presence in India, the Company made its first international foray with the setting up of a green-field dual process White Cement-cum-Grey Cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets. JK White Cement is sold across 43 countries around the globe. With the commissioning of this plant, JK Cement became one of largest producers of White Cement in the world, with a total white cement capacity of 1.20 MnTPA and wall putty capacity of 1.2MnTPA.
Today at its different locations, the Company has captive power generation capacity of over 125.7 MWs which includes 23.2 MW of waste heat recovery power plants.
For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 2,168.18 Crore, up by 16.38% from last quarter Total Income of Rs 1,862.93 Crore and up 37.84% from last year same quarter Total Income of Rs 1,572.94 Crore. Company has reported net profit of Rs 214.32 Crore in latest quarter. The Board of Directors decided to recommend a Final Dividend @ Rs.15 per equity share of Rs.10 each for the financial year 2020-21.
The results of FY21 for JK Cement were rectitude.