JSW Cement Share Price Target 2026: JSW Cement Ltd on Thursday reported a multi-fold jump in consolidated net profit to Rs 361.65 crore in the fourth quarter ended March 31 on the back of robust sales. Multiple brokerages have reviewed the performance of the cement stock and recommended rating and target price for investors.
The company had posted a consolidated net profit of Rs 16.21 crore in the corresponding quarter of the preceding fiscal. Its consolidated revenue from operations in the fourth quarter was Rs 1,894.99 crore against Rs 1,709.39 crore in the year-ago period.
For FY26, consolidated net loss was Rs 798.78 crore, hit by exceptional item outgo of Rs 1,504.48 crore, primarily on fair value expense arising from financial instruments. The company had posted a consolidated net loss of Rs 163.76 crore in FY25.
- Q4 volumes grow 7% YoY and remain in line with estimates
- EBITDA per tonne at Rs915
- Management guides for mid-to-high teen volume growth in FY27
- Brokerage says profitability improvement and leverage management remain key for rerating
- Company targets expanding capacity to 46 million tonnes over next five years
- Goldman sees balanced risk-reward despite strong growth visibility
Motilal Oswal maintained Neutral rating with a target price of Rs 134. Emkay maintained Reduce rating with a target price of Rs 125 vs Rs 115 (downside 1.6%). Goldman Sachs maintained Neutral and the target price was raised to Rs 127 from Rs 119.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
