J K Cement Reports 2QFY27 Results; Motilal Oswal Sets Rs 5,950 Target
Motilal Oswal said J K Cement’s 2QFY27 earnings were in line with its estimate. Consolidated revenue and EBITDA grew 24% and 14% year over year to INR37.3 billion and INR5.1 billion; volume rose about 19% year over year. EBITDA per tonne declined about 5% to INR848, while the report cited an estimate of INR830.
Motilal Oswal's research report on J K CementJK Cement’s (JKCE) 2QFY27 earnings were in line with our estimate.Consol. revenue/EBITDA grew 24%/14% YoY to INR37.3b/INR5.1b. Overall volume increased ~19% YoY to 6.0mt (in line). EBITDA/t declined ~5% YoY to INR848 (est.
INR830) and OPM contracted 1.2p…