JK Cement's paint unit plans ₹130 crore Telangana plant
- Guidance
- Cement And Cement Products
JK Cement (NSE: JKCEMENT) said in a filing on 24 Oct 2026 that its Board took note of and approved a decision by wholly owned subsidiary JK Maxx Paints to set up a water-based paint plant of 75,000 KLPA at Raghunadhapalem, Suryapet District, Telangana, with an estimated capital cost of ₹130 crore. The company's market value is ₹37,507 crore.
Key highlights
- Plant capacity: 75,000 KLPA against 73,000 KLPA at Bhiwadi
- Estimated capital cost: ₹130 crore, within ₹600 crore approved paints investment
- Commissioning: about 12 months from start of construction
- Bhiwadi utilisation: 60%, projected full by FY 2027-28
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