JK Lakshmi Cement hopes to increase its revenues by over 10% in the current year. It also hopes to increase its profits by optimizing how it operates its factories and enhancing its cement manufacturing capacity. “We are seriously putting in an effort to grow both in cement as well as associated businesses like concrete solutions and ready-mix cement,” Arun Shukla, company President and Director, said. They need these new enterprises to donate 10% of their total revenues over the coming 3-4 years.

Projects to Produce More Cement

Currently, JK Lakshmi Cement produces 18 million tonnes of cement annually. In 2030, they are planning to go up to 30 million tonnes. This will make them among the leading five cement manufacturers in India. The company last year (FY’24) made Rs 6,383.73 crore, though demand was a little sluggish. Yet, they expect things to pick up this year. Shukla feels the cement sector will expand by 7–8% in FY’26, and the company wishes to increase even higher — by a minimum of 10%.

New Cement Plants to Help Growth

JK Lakshmi Cement has recently increased capacity at its plants — 2.5 million tonnes annually at the Udaipur plant and 1.35 million tonnes annually in Surat. The new capacity will enable them to achieve their target of 10% growth.

They are also investing Rs 2,500 crore to construct additional factories in Eastern India. These will be a combination of adding to existing plants (brownfield projects) and constructing new ones (greenfield projects), which will increase their capacity in the region to 4.6 million tonnes by 2027–28.

The firm is also looking to expand further in Rajasthan and Gujarat, where it has mines on its land. It is looking to increase 3 million tonnes of production in both these states.