JK Lakshmi Cement Ltd

JK Lakshmi Cement Ltd

₹ 867 0.18%
12 Dec 4:00 p.m.
About

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]

Key Points

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.

  • Market Cap 10,265 Cr.
  • Current Price 867
  • High / Low 1,000 / 685
  • Stock P/E 29.4
  • Book Value 276
  • Dividend Yield 0.75 %
  • ROCE 17.0 %
  • ROE 15.4 %
  • Face Value 5.00

Pros

Cons

  • The company has delivered a poor sales growth of 9.48% over past five years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 13.7% of profits 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1,209 1,286 1,600 1,654 1,374 1,562 1,862 1,730 1,575 1,703 1,781 1,564 1,234
1,015 1,112 1,275 1,397 1,210 1,376 1,629 1,534 1,357 1,401 1,445 1,342 1,153
Operating Profit 194 174 325 257 164 185 233 196 217 302 336 222 81
OPM % 16% 14% 20% 16% 12% 12% 12% 11% 14% 18% 19% 14% 7%
18 18 -11 7 20 14 17 11 14 26 26 16 8
Interest 36 37 33 36 33 35 29 33 34 39 45 48 43
Depreciation 55 55 59 56 57 57 59 56 57 66 68 72 75
Profit before tax 121 100 221 172 93 107 162 119 141 223 250 118 -29
Tax % 28% 34% 15% 33% 34% 28% 29% 33% 32% 33% 35% 43% -33%
87 66 188 115 62 77 115 80 96 150 162 68 -19
EPS in Rs 7.17 5.45 15.61 9.45 5.19 6.49 9.35 6.67 7.88 12.21 13.34 5.97 -1.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,055 2,057 2,316 2,635 2,922 3,748 4,316 4,364 4,727 5,420 6,452 6,788 6,282
1,626 1,755 1,963 2,362 2,552 3,317 3,863 3,566 3,789 4,469 5,613 5,737 5,340
Operating Profit 429 302 353 273 370 432 454 798 939 951 839 1,052 942
OPM % 21% 15% 15% 10% 13% 12% 11% 18% 20% 18% 13% 15% 15%
39 26 -34 64 129 72 59 16 35 41 58 77 76
Interest 84 77 94 222 244 264 253 225 192 142 133 150 175
Depreciation 149 135 115 166 175 207 211 220 225 223 228 246 280
Profit before tax 235 115 109 -51 79 32 49 369 556 626 534 732 562
Tax % 25% 19% 4% -108% -10% -33% 17% 31% 24% 24% 31% 33%
175 94 105 4 87 43 41 253 421 478 369 488 361
EPS in Rs 14.87 7.98 8.75 0.11 7.29 4.69 4.36 21.08 34.45 39.39 30.48 40.10 30.33
Dividend Payout % 17% 25% 23% 220% 10% 16% 17% 12% 11% 13% 12% 16%
Compounded Sales Growth
10 Years: 13%
5 Years: 9%
3 Years: 13%
TTM: -7%
Compounded Profit Growth
10 Years: 18%
5 Years: 80%
3 Years: 4%
TTM: -3%
Stock Price CAGR
10 Years: 8%
5 Years: 27%
3 Years: 12%
1 Year: -1%
Return on Equity
10 Years: 12%
5 Years: 17%
3 Years: 16%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 59 59 59 59 59 59 59 59 59 59 59 59 59
Reserves 1,200 1,245 1,279 1,261 1,342 1,385 1,426 1,628 2,036 2,446 2,745 3,128 3,192
1,337 1,681 1,949 2,258 2,687 2,546 2,135 1,987 1,672 1,887 1,880 2,084 2,262
547 666 936 912 1,044 1,111 1,446 1,489 1,520 1,534 1,857 2,379 2,206
Total Liabilities 3,143 3,651 4,223 4,491 5,132 5,101 5,066 5,163 5,286 5,926 6,541 7,650 7,718
1,436 1,701 2,708 2,851 3,556 3,627 3,451 3,585 3,427 3,536 3,527 5,148 5,249
CWIP 688 925 455 633 307 228 417 166 274 251 890 383 450
Investments 405 358 273 271 531 473 377 458 476 652 527 407 176
615 668 788 736 738 773 821 954 1,109 1,487 1,597 1,712 1,843
Total Assets 3,143 3,651 4,223 4,491 5,132 5,101 5,066 5,163 5,286 5,926 6,541 7,650 7,718

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
332 354 330 267 396 493 760 650 1,032 680 634 899
-488 -513 -430 -286 -600 -70 -77 -200 -434 -665 -299 -880
79 234 30 33 181 -421 -676 -450 -553 11 -266 -36
Net Cash Flow -77 75 -70 14 -23 2 7 0 45 26 69 -16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 9 10 9 13 11 10 9 8 4 2 4 2
Inventory Days 86 72 146 132 157 158 148 225 134 198 236 249
Days Payable 97 89 145 109 136 146 229 239 154 125 164 140
Cash Conversion Cycle -2 -8 10 36 33 22 -72 -6 -15 76 75 112
Working Capital Days -62 -64 -64 -56 -46 -46 -73 -68 -33 -25 -14 -20
ROCE % 13% 7% 8% 4% 7% 6% 7% 16% 20% 19% 14% 17%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
46.01% 46.31% 46.31% 46.31% 46.31% 46.31% 46.31% 46.31% 46.31% 46.34% 46.34% 46.34%
12.97% 12.29% 12.14% 12.84% 13.81% 11.68% 11.50% 10.53% 10.83% 11.29% 11.34% 11.53%
24.96% 25.87% 25.21% 24.66% 25.56% 27.95% 28.33% 27.63% 27.57% 25.83% 25.35% 24.95%
16.06% 15.54% 16.35% 16.18% 14.31% 14.07% 13.86% 15.53% 15.29% 16.54% 16.97% 17.17%
No. of Shareholders 1,36,3761,37,4571,39,5261,26,9921,17,2471,17,6471,12,2561,19,2271,06,4091,12,5051,18,6361,24,416

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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