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K. Jhanwar

Managing Director, UltraTech Cement Limited

Search every verified K. Jhanwar interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. K. Jhanwar, Managing Director at UltraTech Cement, participated in the company’s earnings conference calls for the first quarter of fiscal years 2025-26 and 2026-27. During the July 2025 call, he discussed the demand environment, noting that government capital expenditure had shown improvement on a low base and that state-level spending was rising in regions such as Bihar, Andhra Pradesh, Gujarat, and Maharashtra. He also expressed confidence in reaching an EBITDA per metric ton above 1,000 rupees by fiscal 2028, while attributing the company’s growth outlook to India’s long-term infrastructure needs. On the July 2026 call, Jhanwar reported strong volume growth and a rich demand pipeline across infrastructure, housing, and urban real estate, describing the quarter as reaffirming the company’s focus on demand. He addressed the impact of dry weather in some states, noting potential water crises in the following year, and mentioned that the company had converted the Quesoram and India Cement brands to 100% UltraTech, with the brand growing 21% year-over-year. He also reiterated a target of reaching 237 million tons of capacity by March 2028 and referenced a previously stated goal of achieving an EBITDA of 1,400 rupees per ton by the January-March 2028 quarter, contingent on no war.

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