JK Lakshmi's Q1 operating margin trails sector median by 5.14 points
The consolidated quarter produced Rs 258.66 cr of operating profit, but interest and depreciation cut profit before tax to Rs 141.20 cr.
Filed 05 Aug 2026, 16:42 IST · after market close · JK Lakshmi Cement Ltd (JKLAKSHMI)
Key takeaways
- JK Lakshmi Cement's consolidated operating margin was 13.58%, 5.14 percentage points below the 18.72% median of 54 reporting sector peers.
- Interest of Rs 51.11 cr and depreciation of Rs 82.81 cr reduced operating profit of Rs 258.66 cr to profit before tax of Rs 141.20 cr.
- Other income of Rs 16.46 cr provided only a limited offset, while tax of Rs 33.13 cr reduced profit before tax to net profit of Rs 108.07 cr.
Price around the results
Operating profit lagged the peer set
JK Lakshmi reported a consolidated operating profit of Rs 258.66 cr on revenue of Rs 1,904.78 cr, translating into a 13.58% operating margin. That margin was 5.14 percentage points below the 18.72% median among 54 Commodities companies that had reported the quarter. The company was ranked 12th from the bottom on this measure.
Finance and depreciation weighed below operating profit
Interest expense of Rs 51.11 cr and depreciation of Rs 82.81 cr reduced operating profit of Rs 258.66 cr to profit before tax of Rs 141.20 cr. Other income was Rs 16.46 cr, so it offered only a limited offset to these charges. Tax of Rs 33.13 cr then reduced profit before tax to consolidated net profit of Rs 108.07 cr, with an effective tax rate of 23.46%.
Results were filed after market close
The company filed its Q1FY27 consolidated results at 16:42 IST on 5 August 2026, after the market closed. The stock's immediate response therefore remains outside this filing-day review.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,905 cr |
| Other income | ₹16 cr |
| Expenses | ₹1,646 cr |
| Operating profit | ₹259 cr |
| Operating margin (%) | 13.58% |
| Interest | ₹51 cr |
| Depreciation | ₹83 cr |
| Profit before tax | ₹141 cr |
| Tax | ₹33 cr |
| Net profit | ₹108 cr |
| EPS (₹) | ₹8.70 |
Operating margin of 13.58% compares with a Commodities sector median of 18.72% across 54 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves up from 13.58% toward the 18.72% sector median.
- Whether interest expense remains near Rs 51.11 cr as operating profit develops.
- Whether depreciation stays close to Rs 82.81 cr and continues to weigh on profit before tax.