J K Cements Ltd
The Company is engaged in the manufacturing and selling of Cement and Cement related products with over 4 decades of experience in cement manufacturing. It is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation. [1]
- Market Cap ₹ 46,392 Cr.
- Current Price ₹ 6,004
- High / Low ₹ 6,100 / 3,891
- Stock P/E 55.7
- Book Value ₹ 785
- Dividend Yield 0.25 %
- ROCE 14.5 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.8%
Cons
- Stock is trading at 7.61 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,790 | 3,351 | 4,124 | 3,745 | 4,591 | 4,981 | 5,464 | 6,328 | 7,679 | 9,310 | 10,918 | 11,093 | |
2,415 | 2,885 | 3,604 | 3,051 | 3,829 | 4,167 | 4,250 | 4,769 | 6,166 | 7,977 | 8,903 | 9,115 | |
Operating Profit | 376 | 466 | 520 | 694 | 762 | 814 | 1,214 | 1,560 | 1,513 | 1,333 | 2,015 | 1,978 |
OPM % | 13% | 14% | 13% | 19% | 17% | 16% | 22% | 25% | 20% | 14% | 18% | 18% |
47 | 49 | 57 | 80 | 109 | 76 | -125 | -99 | -18 | 73 | 119 | 223 | |
Interest | 153 | 219 | 271 | 273 | 245 | 222 | 223 | 223 | 249 | 296 | 437 | 449 |
Depreciation | 134 | 137 | 164 | 176 | 186 | 194 | 214 | 245 | 282 | 392 | 486 | 508 |
Profit before tax | 136 | 159 | 142 | 324 | 440 | 474 | 652 | 993 | 964 | 718 | 1,212 | 1,243 |
Tax % | 29% | 1% | 27% | 35% | 22% | 31% | 39% | 39% | 35% | 30% | 31% | 30% |
97 | 157 | 103 | 211 | 342 | 325 | 400 | 603 | 631 | 503 | 831 | 870 | |
EPS in Rs | 13.88 | 22.44 | 14.78 | 30.14 | 48.89 | 42.05 | 51.82 | 78.02 | 81.62 | 65.06 | 107.50 | 112.60 |
Dividend Payout % | 22% | 18% | 27% | 27% | 20% | 24% | 14% | 19% | 18% | 23% | 19% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 13% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 10% |
3 Years: | 4% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 38% |
3 Years: | 42% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 14% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 70 | 70 | 70 | 70 | 70 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
Reserves | 1,689 | 1,577 | 1,620 | 1,802 | 2,077 | 2,816 | 3,052 | 3,656 | 4,174 | 4,562 | 5,276 | 5,988 |
2,320 | 2,609 | 2,643 | 2,643 | 2,354 | 2,359 | 2,776 | 2,999 | 3,267 | 4,966 | 5,232 | 5,912 | |
1,024 | 1,093 | 1,231 | 1,329 | 1,483 | 1,696 | 1,950 | 2,437 | 2,824 | 3,218 | 3,699 | 4,361 | |
Total Liabilities | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 12,823 | 14,285 | 16,339 |
2,313 | 3,338 | 3,523 | 3,680 | 3,597 | 3,635 | 4,468 | 4,809 | 5,368 | 7,301 | 8,082 | 8,373 | |
CWIP | 1,102 | 191 | 152 | 105 | 88 | 556 | 509 | 489 | 71 | 590 | 415 | 1,309 |
Investments | 300 | 315 | 437 | 536 | 635 | 1,005 | 566 | 807 | 1,745 | 1,016 | 1,471 | 1,839 |
1,389 | 1,505 | 1,452 | 1,523 | 1,665 | 1,751 | 2,312 | 3,064 | 3,159 | 3,916 | 4,317 | 4,818 | |
Total Assets | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 12,823 | 14,285 | 16,339 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
187 | 434 | 589 | 712 | 790 | 711 | 1,099 | 1,569 | 1,009 | 1,538 | 1,895 | 2,049 | |
-1,046 | -458 | -390 | -655 | -131 | -863 | -1,311 | -1,515 | -906 | -1,174 | -1,740 | -2,016 | |
874 | 84 | -215 | -302 | -598 | 207 | 11 | -6 | -123 | -369 | -297 | 122 | |
Net Cash Flow | 15 | 60 | -16 | -246 | 61 | 55 | -201 | 48 | -19 | -6 | -142 | 155 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 15 | 15 | 15 | 14 | 15 | 15 | 15 | 18 | 19 | 16 | 15 | 22 |
Inventory Days | 466 | 335 | 232 | 286 | 251 | 243 | 265 | 238 | 320 | 204 | 227 | 192 |
Days Payable | 212 | 150 | 152 | 217 | 304 | 177 | 191 | 191 | 192 | 178 | 172 | 179 |
Cash Conversion Cycle | 269 | 200 | 95 | 84 | -38 | 80 | 89 | 66 | 147 | 42 | 70 | 34 |
Working Capital Days | 16 | 8 | -11 | -11 | -10 | -15 | 0 | 18 | 54 | 31 | 39 | 29 |
ROCE % | 8% | 9% | 10% | 14% | 16% | 14% | 19% | 23% | 19% | 12% | 16% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
2d - Correction of consideration amount from Rs.149.81 Cr to Rs.149.79 Cr for Saifco acquisition.
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Announcement under Regulation 30 (LODR)-Acquisition
6 Jun - JK Cement acquires 60% stake in Saifco Cements for Rs.149.81 Cr, expanding into Jammu & Kashmir.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report filed for FY ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
27 May - Transcript of Conference call pertaining to financial results Q425
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 May - Conference call transcript and audio for Q4 and FY 2025 financial results released.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Concalls
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May 2025TranscriptPPT
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Mar 2025TranscriptNotesPPT
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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Sep 2024TranscriptNotesPPT
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Jul 2024TranscriptPPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Jan 2024TranscriptPPT
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Jan 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023TranscriptPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jun 2020TranscriptNotesPPT
Market Position
The company is among the top 10 grey cement manufacturers in India. It is the fifth-largest cement manufacturer in North India. Furthermore, it has become the sixth-largest player in the central region. [1]