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 ₹ 31,266 Cr.
- Current Price ₹ 4,045
- High / Low ₹ 4,575 / 2,893
- Stock P/E 42.0
- Book Value ₹ 625
- Dividend Yield 0.37 %
- ROCE 13.9 %
- ROE 12.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.4%
- Company's working capital requirements have reduced from 32.5 days to 25.8 days
Cons
- Promoter holding has decreased over last 3 years: -12.0%
* 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.
Peer comparison
Sector: Cement Industry: Cement - North India
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,545 | 2,907 | 2,790 | 3,351 | 4,124 | 3,745 | 4,591 | 4,981 | 5,464 | 6,328 | 7,679 | 8,999 | 10,644 | |
2,028 | 2,345 | 2,415 | 2,885 | 3,604 | 3,051 | 3,829 | 4,167 | 4,250 | 4,769 | 6,166 | 7,647 | 8,823 | |
Operating Profit | 517 | 562 | 376 | 466 | 520 | 694 | 762 | 814 | 1,214 | 1,560 | 1,513 | 1,352 | 1,821 |
OPM % | 20% | 19% | 13% | 14% | 13% | 19% | 17% | 16% | 22% | 25% | 20% | 15% | 17% |
38 | 46 | 47 | 49 | 57 | 80 | 109 | 76 | -125 | -99 | -18 | 71 | 113 | |
Interest | 144 | 140 | 153 | 219 | 271 | 273 | 245 | 222 | 223 | 223 | 249 | 260 | 423 |
Depreciation | 126 | 128 | 134 | 137 | 164 | 176 | 186 | 194 | 214 | 245 | 282 | 361 | 467 |
Profit before tax | 286 | 341 | 136 | 159 | 142 | 324 | 440 | 474 | 652 | 993 | 964 | 800 | 1,044 |
Tax % | 38% | 31% | 29% | 1% | 27% | 35% | 22% | 31% | 39% | 39% | 35% | 30% | |
177 | 234 | 97 | 157 | 103 | 211 | 342 | 325 | 400 | 603 | 631 | 563 | 734 | |
EPS in Rs | 25.36 | 33.40 | 13.88 | 22.44 | 14.78 | 30.14 | 48.89 | 42.05 | 51.82 | 78.02 | 81.62 | 72.80 | 95.01 |
Dividend Payout % | 20% | 19% | 22% | 18% | 27% | 27% | 20% | 24% | 14% | 19% | 18% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 18% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 10% |
3 Years: | 3% |
TTM: | 42% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 35% |
3 Years: | 13% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 77 | 77 | 77 | 77 | 77 | 77 |
Reserves | 1,459 | 1,627 | 1,689 | 1,577 | 1,620 | 1,802 | 2,077 | 2,816 | 3,052 | 3,656 | 4,174 | 4,624 | 4,753 |
1,218 | 1,272 | 2,320 | 2,609 | 2,643 | 2,643 | 2,354 | 2,359 | 2,776 | 2,999 | 3,267 | 3,260 | 5,078 | |
834 | 933 | 1,024 | 1,093 | 1,231 | 1,329 | 1,483 | 1,696 | 1,950 | 2,437 | 2,824 | 2,929 | 3,464 | |
Total Liabilities | 3,580 | 3,902 | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 10,891 | 13,373 |
2,316 | 2,364 | 2,313 | 3,338 | 3,523 | 3,680 | 3,597 | 3,635 | 4,468 | 4,809 | 5,368 | 5,314 | 7,703 | |
CWIP | 85 | 108 | 1,102 | 191 | 152 | 105 | 88 | 556 | 509 | 489 | 71 | 169 | 477 |
Investments | 11 | 169 | 300 | 315 | 437 | 536 | 635 | 1,005 | 566 | 807 | 1,745 | 2,260 | 1,036 |
1,169 | 1,261 | 1,389 | 1,505 | 1,452 | 1,523 | 1,665 | 1,751 | 2,312 | 3,064 | 3,159 | 3,148 | 4,156 | |
Total Assets | 3,580 | 3,902 | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 10,891 | 13,373 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
522 | 384 | 187 | 434 | 589 | 712 | 790 | 711 | 1,099 | 1,569 | 1,009 | 1,538 | |
-145 | -477 | -1,046 | -458 | -390 | -655 | -131 | -863 | -1,311 | -1,515 | -906 | -1,174 | |
-266 | -7 | 874 | 84 | -215 | -302 | -598 | 207 | 11 | -6 | -123 | -369 | |
Net Cash Flow | 111 | -100 | 15 | 60 | -16 | -246 | 61 | 55 | -201 | 48 | -19 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 12 | 14 | 15 | 15 | 15 | 14 | 15 | 15 | 15 | 18 | 19 | 15 |
Inventory Days | 433 | 438 | 466 | 335 | 232 | 286 | 251 | 243 | 265 | 238 | 320 | 192 |
Days Payable | 211 | 187 | 212 | 150 | 152 | 217 | 304 | 177 | 191 | 191 | 192 | 149 |
Cash Conversion Cycle | 234 | 266 | 269 | 200 | 95 | 84 | -38 | 80 | 89 | 66 | 147 | 58 |
Working Capital Days | -0 | -2 | 16 | 8 | -11 | -11 | -10 | -15 | 0 | 18 | 54 | 26 |
ROCE % | 16% | 17% | 8% | 9% | 10% | 14% | 16% | 14% | 19% | 23% | 19% | 14% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Apr
- Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 12.05.2024 19 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Apr
- Compliance Certificate For The Period Ended 31.3.2024 16 Apr
Annual reports
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Financial Year 2023
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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
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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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
Product segments and Brands FY22