StockWatch
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Cement & Cement Products
Expansion24 Oct 2026, 03:00 pm

JK Cement Subsidiary to Add 75,000 KLPA Paint Capacity

AI Summary

JK Cement Limited's wholly owned subsidiary, JK Maxx Paints Limited, will establish a new water-based paint manufacturing plant in Telangana with a capacity of 75,000 KLPA. This expansion, with an estimated capital cost of INR 130 Crore, is part of the already approved INR 600 Crore investment in the paints business. The new facility is expected to be commissioned within 12 months of construction start, addressing the projected full utilization of the existing Bhiwadi plant by FY 2027-28. The Board also approved unaudited financial results for Q2 and H1 FY27 and recommended Price Waterhouse Chartered Accountants LLP as new statutory auditors.

Key Highlights

  • JK Maxx Paints to set up new 75,000 KLPA water-based paint plant.
  • Expansion cost of INR 130 Crore funded within existing INR 600 Crore investment.
  • New plant to be commissioned in 12 months, addressing capacity constraints.
  • Board approved Q2 and H1 FY27 unaudited financial results.
  • Recommended Price Waterhouse as new statutory auditors for 5 years.