JK Lakshmi Cement confirms Durg expansion timeline

JK Lakshmi Cement plans to invest ₹3,000 crore in Durg to add 4.6 million tonnes per annum of cement capacity by March 2028. The project includes a 2.30 MTPA clinkerisation line and three grinding units with combined cement capacity of 4.6 MTPA. Funding will come through debt and internal accruals, making execution and balance-sheet discipline important for the cement maker. 🏗️

The company is also investing ₹325 crore in a Durg railway siding, including ₹225 crore of debt funding. The siding is intended to support inbound raw-material movement and outbound dispatches after the new capacity is commissioned. The integrated clinker and grinding configuration could improve supply flexibility in central India, while the logistics investment may support dispatch economics once operations begin.

Q2 FY27 profit ₹20.88 cr compared with ₹82.33 crore a year earlier, even as July–September 2026 sales volume increased to 29.83 lakh tonnes from 28.43 lakh tonnes. The divergence between volume growth and lower profit keeps cement pricing, fuel costs, operating expenses and funding costs in focus as the expansion progresses. 📉

OI Charts data showed the stock closed at ₹473.00 on 05 Nov 2026, down 1.52% for the session, with volume of 349,120 shares. It gained 2.5% over five sessions and 1.3% over 20 sessions. The 52-week range stood at ₹452.65 on 30 Oct 2026 to ₹883.35 on 06 Nov 2025.

The next market-moving disclosures are likely to be approvals, construction milestones, debt drawdown, commissioning progress and the next earnings release. Cement prices, regional demand and input costs will determine whether the added capacity translates into stronger margins. The project remains a long-term growth initiative, but its financial impact depends on timely completion, utilisation and the company’s ability to manage leverage.

Source: Multibagg AI, 05 Nov 2026; news.google.com, 05 Nov 2026

Not investment advice. For informational purposes only.