By BullScreen Editorial Team 
Shares of J.K. Cement Ltd are drawing investor attention after the company secured a large 1,188-hectare limestone mining lease in Andhra Pradesh, a move seen as critical to its long-term expansion strategy.
The company was recently declared the preferred bidder for the Dommarnandyala Block-3 in YSR Kadapa district through a state government e-auction. The block is among the largest limestone reserves auctioned in recent years, significantly larger than similar allocations to peers, strengthening J.K. Cement’s raw material security.
Limestone is a key input for cement production, and access to such a large reserve is expected to support operations for up to 50 years. This provides long-term visibility for capacity expansion and reduces supply-side risks, a crucial factor as the company targets scaling up production.
J.K. Cement currently has a grey cement capacity of 28.26 MTPA and white cement and wall putty capacity of 3.05 MTPA. It is aiming to nearly double total capacity to 50 MTPA by FY30 through a mix of brownfield and greenfield projects.
Financially, the company reported 18% year-on-year revenue growth to Rs 3,463 crore in Q3FY26, although net profit declined 8% to Rs 175 crore. On a sequential basis, both revenue and profit showed improvement.
With a market capitalisation above Rs 40,800 crore and a price-to-earnings ratio higher than industry averages, the stock reflects strong growth expectations. Analysts say the new mining asset could play a key role in supporting its expansion ambitions, though execution and demand trends will remain key monitorables.