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 ₹ 24,652 Cr.
- Current Price ₹ 3,190
- High / Low ₹ 3,477 / 2,425
- Stock P/E 64.7
- Book Value ₹ 607
- Dividend Yield 0.49 %
- ROCE 10.4 %
- ROE 9.48 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 20.1%
Cons
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -12.3%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | 3,401 | 4,362 | 4,010 | 4,854 | 5,259 | 5,802 | 6,606 | 7,991 | 9,720 | 10,205 | |
2,031 | 2,348 | 2,437 | 2,948 | 3,816 | 3,284 | 4,064 | 4,420 | 4,556 | 5,022 | 6,478 | 8,393 | 8,895 | |
Operating Profit | 514 | 559 | 353 | 453 | 546 | 726 | 789 | 839 | 1,246 | 1,585 | 1,513 | 1,327 | 1,310 |
OPM % | 20% | 19% | 13% | 13% | 13% | 18% | 16% | 16% | 21% | 24% | 19% | 14% | 13% |
38 | 47 | 48 | 67 | 50 | 79 | 110 | 76 | 53 | 67 | 112 | 75 | 95 | |
Interest | 144 | 140 | 153 | 229 | 305 | 303 | 284 | 261 | 276 | 253 | 270 | 312 | 356 |
Depreciation | 126 | 129 | 134 | 146 | 197 | 217 | 231 | 241 | 288 | 306 | 342 | 458 | 487 |
Profit before tax | 283 | 338 | 114 | 144 | 94 | 286 | 383 | 412 | 734 | 1,093 | 1,013 | 631 | 561 |
Tax % | 38% | 32% | 34% | 2% | 41% | 40% | 25% | 36% | 34% | 36% | 33% | 34% | |
175 | 230 | 75 | 142 | 55 | 172 | 286 | 264 | 483 | 703 | 679 | 419 | 372 | |
EPS in Rs | 24.96 | 33.00 | 11.03 | 20.54 | 8.27 | 25.42 | 41.41 | 34.99 | 63.73 | 91.85 | 88.93 | 55.18 | 48.96 |
Dividend Payout % | 20% | 20% | 27% | 19% | 48% | 31% | 24% | 29% | 12% | 16% | 17% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 19% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | -5% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 33% |
3 Years: | 27% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
70 | 70 | 70 | 70 | 70 | 70 | 70 | 77 | 77 | 77 | 77 | 77 | |
Reserves | 1,452 | 1,621 | 1,676 | 1,547 | 1,517 | 1,641 | 1,905 | 2,625 | 2,950 | 3,659 | 4,248 | 4,609 |
1,219 | 1,378 | 2,783 | 3,229 | 3,323 | 3,317 | 2,941 | 2,973 | 3,503 | 3,626 | 4,115 | 5,292 | |
835 | 939 | 1,234 | 1,205 | 1,275 | 1,383 | 1,541 | 1,737 | 2,011 | 2,509 | 2,963 | 3,306 | |
Total Liabilities | 3,576 | 4,008 | 5,764 | 6,051 | 6,185 | 6,411 | 6,456 | 7,413 | 8,542 | 9,872 | 11,403 | 13,285 |
2,317 | 2,369 | 2,327 | 4,074 | 4,254 | 4,542 | 4,443 | 4,537 | 5,554 | 5,937 | 6,544 | 8,210 | |
CWIP | 90 | 255 | 1,788 | 337 | 321 | 127 | 104 | 574 | 530 | 509 | 1,032 | 828 |
Investments | 9 | 32 | 68 | 37 | 79 | 80 | 119 | 438 | 46 | 142 | 216 | 92 |
1,160 | 1,352 | 1,582 | 1,603 | 1,532 | 1,662 | 1,789 | 1,863 | 2,412 | 3,283 | 3,612 | 4,155 | |
Total Assets | 3,576 | 4,008 | 5,764 | 6,051 | 6,185 | 6,411 | 6,456 | 7,413 | 8,542 | 9,872 | 11,403 | 13,285 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
520 | 382 | 364 | 256 | 580 | 772 | 883 | 704 | 1,372 | 1,593 | 878 | 1,377 | |
-147 | -527 | -1,558 | -478 | -408 | -668 | -79 | -825 | -1,483 | -1,348 | -984 | -1,964 | |
-261 | 87 | 1,227 | 230 | -193 | -346 | -723 | 173 | -113 | -137 | 62 | 741 | |
Net Cash Flow | 112 | -58 | 33 | 8 | -21 | -242 | 81 | 52 | -225 | 108 | -44 | 154 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 19 | 18 | 18 | 18 | 18 | 17 | 20 | 20 | 18 |
Inventory Days | 433 | 438 | 466 | 345 | 258 | 292 | 269 | 257 | 288 | 257 | 343 | 225 |
Days Payable | 212 | 187 | 378 | 196 | 160 | 222 | 303 | 179 | 205 | 204 | 203 | 188 |
Cash Conversion Cycle | 234 | 266 | 102 | 169 | 116 | 88 | -17 | 96 | 100 | 73 | 159 | 55 |
Working Capital Days | -2 | -2 | -10 | 6 | -12 | -7 | -9 | -12 | -1 | 20 | 58 | 33 |
ROCE % | 16% | 16% | 7% | 8% | 8% | 12% | 14% | 13% | 17% | 20% | 17% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21h
- Closure of Trading Window 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Sep
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Disclosure Under Regulation 30(4)(I)(D) Of SEBI Regulations
21 Sep - Disclosure under regulation 30 (4) (i) (d) of SEBI (LODR) Regulations- Information about continuing events as material
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Sep
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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Aug 2023TranscriptNotesPPT
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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