New Delhi: JK Cement Ltd is targeting a ₹380–390 crore turnover for its paint division in the current fiscal year, ramping up efforts to scale the relatively new business line.
The company, which reported paint revenues of about ₹275 crore in the previous year, plans to leverage its distribution network and synergies with its cement and putty products to drive sales growth.
Management aims to achieve EBITDA breakeven by FY27 as operating leverage and distribution expansion kick in. The paint push dovetails with broader corporate growth strategies, supported by robust cement demand and capacity expansion, positioning the company for diversified revenue streams.
The move is set to be a part of JK Cement’s efforts to deepen market penetration and improve overall profitability.