Q4 2024 J K Cement Ltd Earnings Call Transcript
Key Points
- Net sales for the quarter increased by 6% to INR2,856 crores compared to INR2,690 crores in the previous quarter.
- Annual net sales grew by 16% to INR10,563 crores from INR9,094 crores.
- EBITDA for the year increased by 52% to INR2,005 crores from INR1,320 crores.
- Profit after tax for the year rose by 65% to INR831 crores from INR503 crores.
- The company achieved a capacity utilization of 83% in the first year of full operation for its expansion projects.
- EBITDA for the quarter decreased by 10% to INR548 crores from INR608 crores in the previous quarter.
- EBITDA margins for the quarter dropped to 19.2% from 22.6%.
- Profit after tax for the quarter fell to INR236 crores from INR289 crores in the previous quarter.
- The demand is currently subdued due to elections, impacting short-term growth.
- The company anticipates a marginal dip in pricing and does not expect significant price hikes until the third quarter.
Ladies and gentlemen, good day, and welcome to earnings call for quarter and year ended 31 March 2024 of J K Cements hosted by PhillipCapital India Private Limited. (Operator Instructions). Please note that this conference is being recorded.
I now hand the conference over to Mr. Vaibhav Agarwal from PhillipCapital India Private Limited. Thank you, and over to you, sir.
Thank you, Michelle, good evening, everyone. On behalf of PhillipCapital India Private Limited, we welcome you to the Q4 and FY24 call of J K Cement Limited.
On the call, we have with us Mr. Ajay Kumar Sarogi, Deputy Managing Director and CFO; and Mr. Prashant Seth, President, Business Information and Investor Relations. I would like to mention on behalf of J K Cement Limited and its management that certain statements that may be made or discussed on today's conference call may be forward looking statements relate to the future developments and based on current expectations.
These statements are subject to
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