JK Lakshmi Cement Ltd
JK Lakshmi Cement Ltd, a part of the JK group , is a manufacturer and supplier of Cement and related products like RMC & AAC Blocks in different states in India.[1]
- Market Cap ₹ 10,418 Cr.
- Current Price ₹ 839
- High / Low ₹ 1,021 / 660
- Stock P/E 22.4
- Book Value ₹ 299
- Dividend Yield 0.77 %
- ROCE 10.5 %
- ROE 8.72 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 18.5%
Cons
- Stock is trading at 2.81 times its book value
- Promoter holding has decreased over last quarter: -1.22%
- The company has delivered a poor sales growth of 7.25% over past five years.
- Company has a low return on equity of 12.2% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,057 | 2,316 | 2,635 | 2,922 | 3,748 | 4,316 | 4,364 | 4,727 | 5,420 | 6,452 | 6,788 | 6,193 | 6,667 | |
| 1,755 | 1,963 | 2,362 | 2,552 | 3,317 | 3,863 | 3,566 | 3,789 | 4,469 | 5,613 | 5,737 | 5,329 | 5,597 | |
| Operating Profit | 302 | 353 | 273 | 370 | 432 | 454 | 798 | 939 | 951 | 839 | 1,052 | 864 | 1,070 |
| OPM % | 15% | 15% | 10% | 13% | 12% | 11% | 18% | 20% | 18% | 13% | 15% | 14% | 16% |
| 26 | -34 | 64 | 129 | 72 | 59 | 16 | 35 | 41 | 58 | 77 | 11 | 77 | |
| Interest | 77 | 94 | 222 | 244 | 264 | 253 | 225 | 192 | 142 | 133 | 150 | 181 | 192 |
| Depreciation | 135 | 115 | 166 | 175 | 207 | 211 | 220 | 225 | 223 | 228 | 246 | 299 | 308 |
| Profit before tax | 115 | 109 | -51 | 79 | 32 | 49 | 369 | 556 | 626 | 534 | 732 | 394 | 647 |
| Tax % | 19% | 4% | -108% | -10% | -33% | 17% | 31% | 24% | 24% | 31% | 33% | 30% | |
| 94 | 105 | 4 | 87 | 43 | 41 | 253 | 421 | 478 | 369 | 488 | 276 | 466 | |
| EPS in Rs | 7.98 | 8.75 | 0.11 | 7.29 | 4.69 | 4.36 | 21.08 | 34.45 | 39.39 | 30.48 | 41.47 | 23.53 | 39.26 |
| Dividend Payout % | 25% | 23% | 220% | 10% | 16% | 17% | 12% | 11% | 13% | 12% | 16% | 28% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | -13% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 20% |
| 3 Years: | 9% |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 62 |
| Reserves | 1,245 | 1,279 | 1,261 | 1,342 | 1,385 | 1,426 | 1,628 | 2,036 | 2,446 | 2,745 | 3,226 | 3,495 | 3,645 |
| 1,681 | 1,949 | 2,258 | 2,687 | 2,546 | 2,135 | 1,987 | 1,672 | 1,887 | 1,880 | 2,084 | 2,614 | 2,673 | |
| 666 | 936 | 912 | 1,044 | 1,111 | 1,446 | 1,489 | 1,520 | 1,534 | 1,857 | 2,209 | 2,277 | 2,383 | |
| Total Liabilities | 3,651 | 4,223 | 4,491 | 5,132 | 5,101 | 5,066 | 5,163 | 5,286 | 5,926 | 6,541 | 7,578 | 8,445 | 8,762 |
| 1,701 | 2,708 | 2,851 | 3,556 | 3,627 | 3,451 | 3,585 | 3,427 | 3,536 | 3,527 | 5,076 | 5,554 | 5,609 | |
| CWIP | 925 | 455 | 633 | 307 | 228 | 417 | 166 | 274 | 251 | 890 | 383 | 278 | 230 |
| Investments | 358 | 273 | 271 | 531 | 473 | 377 | 458 | 476 | 652 | 527 | 407 | 633 | 665 |
| 668 | 788 | 736 | 738 | 773 | 821 | 954 | 1,109 | 1,487 | 1,597 | 1,712 | 1,979 | 2,259 | |
| Total Assets | 3,651 | 4,223 | 4,491 | 5,132 | 5,101 | 5,066 | 5,163 | 5,286 | 5,926 | 6,541 | 7,578 | 8,445 | 8,762 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 354 | 330 | 267 | 396 | 493 | 760 | 650 | 1,032 | 680 | 634 | 899 | 783 | |
| -513 | -430 | -286 | -600 | -70 | -77 | -200 | -434 | -665 | -299 | -880 | -1,151 | |
| 234 | 30 | 33 | 181 | -421 | -676 | -450 | -553 | 11 | -266 | -36 | 318 | |
| Net Cash Flow | 75 | -70 | 14 | -23 | 2 | 7 | 0 | 45 | 26 | 69 | -16 | -51 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 10 | 9 | 13 | 11 | 10 | 9 | 8 | 4 | 2 | 4 | 2 | 6 |
| Inventory Days | 72 | 146 | 132 | 157 | 158 | 148 | 225 | 134 | 198 | 236 | 260 | 256 |
| Days Payable | 89 | 145 | 109 | 136 | 146 | 229 | 239 | 154 | 125 | 164 | 146 | 134 |
| Cash Conversion Cycle | -8 | 10 | 36 | 33 | 22 | -72 | -6 | -15 | 76 | 75 | 117 | 128 |
| Working Capital Days | -72 | -101 | -97 | -93 | -87 | -79 | -77 | -64 | -66 | -32 | -45 | -48 |
| ROCE % | 7% | 8% | 4% | 7% | 6% | 7% | 16% | 20% | 19% | 14% | 17% | 10% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Placed long-lead orders; Durg brownfield Rs3,000cr; target 30mt by FY30; FY26 capex Rs1,000–1,200cr.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 Nov - JK Lakshmi Cement conference call recording available; URL provided, Recording ID 10036377; call 7 Nov 2025 4:00 PM IST.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Nov - Q2 FY26 PAT Rs82.33 crore; H1 PAT Rs234 crore; Rs3,000 crore expansion; capacity 18 MTPA.
- Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 6 Nov
-
Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025
6 Nov - Q2 PAT Rs82.33cr; sales Rs1531.77cr; capacity 18 MTPA; Rs3,000cr Durg expansion; scheme effective; 64.74 lakh shares allotted.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT REC
-
May 2025TranscriptPPT
-
Feb 2025TranscriptPPT
-
Nov 2024TranscriptPPT
-
Aug 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
May 2024TranscriptPPT
-
Feb 2024TranscriptPPT
-
Nov 2023TranscriptPPT
-
Sep 2023TranscriptPPT
-
Jul 2023TranscriptPPT
-
May 2023TranscriptPPT
-
Apr 2023TranscriptNotesPPT
-
Feb 2023TranscriptPPT
-
Nov 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Feb 2022TranscriptPPT
-
Nov 2021TranscriptPPT
-
Jul 2021TranscriptPPT
-
May 2021TranscriptPPT
-
Feb 2021TranscriptPPT
-
Nov 2020TranscriptPPT
-
Aug 2020TranscriptPPT
-
May 2020TranscriptPPT
-
Jan 2020TranscriptPPT
-
Nov 2019TranscriptPPT
-
Aug 2019TranscriptPPT
-
May 2019TranscriptPPT
-
Feb 2019TranscriptPPT
-
Nov 2018TranscriptPPT
-
Aug 2018TranscriptPPT
-
Jan 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Aug 2017TranscriptPPT
-
Aug 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Oct 2016TranscriptPPT
-
Aug 2016TranscriptPPT
Parentage[1]
JKLC is a part of JK Organisation; Eastern Grp. They have diversebusinesses including Bengal & Assam Co. Ltd., JK Tyre & Industries Ltd., JK Lakshmi Cement Ltd., JK Paper Ltd., Umang Dairies Ltd. etc.