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 ₹ 7,504 Cr.
- Current Price ₹ 638
- High / Low ₹ 897 / 528
- Stock P/E 23.0
- Book Value ₹ 238
- Dividend Yield 0.58 %
- ROCE 14.2 %
- ROE 13.1 %
- Face Value ₹ 5.00
Pros
Cons
- The company has delivered a poor sales growth of 11.5% over past five 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,718 | 2,055 | 2,057 | 2,316 | 2,635 | 2,922 | 3,748 | 4,316 | 4,364 | 4,727 | 5,420 | 6,452 | 6,528 | |
1,390 | 1,626 | 1,755 | 1,963 | 2,362 | 2,552 | 3,317 | 3,863 | 3,566 | 3,789 | 4,469 | 5,613 | 5,750 | |
Operating Profit | 328 | 429 | 302 | 353 | 273 | 370 | 432 | 454 | 798 | 939 | 951 | 839 | 778 |
OPM % | 19% | 21% | 15% | 15% | 10% | 13% | 12% | 11% | 18% | 20% | 18% | 13% | 12% |
24 | 39 | 26 | -34 | 64 | 129 | 72 | 59 | 16 | 35 | 41 | 58 | 62 | |
Interest | 80 | 84 | 77 | 94 | 222 | 244 | 264 | 253 | 225 | 192 | 142 | 133 | 131 |
Depreciation | 130 | 149 | 135 | 115 | 166 | 175 | 207 | 211 | 220 | 225 | 223 | 228 | 228 |
Profit before tax | 143 | 235 | 115 | 109 | -51 | 79 | 32 | 49 | 369 | 556 | 626 | 534 | 481 |
Tax % | 24% | 25% | 19% | 4% | 108% | -10% | -33% | 17% | 31% | 24% | 24% | 31% | |
109 | 175 | 94 | 105 | 4 | 87 | 43 | 41 | 253 | 421 | 478 | 369 | 334 | |
EPS in Rs | 8.89 | 14.87 | 7.98 | 8.75 | 0.11 | 7.29 | 4.69 | 4.36 | 21.08 | 34.45 | 39.39 | 30.48 | 27.70 |
Dividend Payout % | 22% | 17% | 25% | 23% | 220% | 10% | 16% | 17% | 12% | 11% | 13% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 14% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 72% |
3 Years: | 12% |
TTM: | -29% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 16% |
3 Years: | 35% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 18% |
Last Year: | 13% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
61 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | |
Reserves | 1,114 | 1,200 | 1,245 | 1,279 | 1,261 | 1,342 | 1,385 | 1,426 | 1,628 | 2,036 | 2,446 | 2,745 |
915 | 1,337 | 1,681 | 1,949 | 2,258 | 2,687 | 2,546 | 2,135 | 1,987 | 1,672 | 1,887 | 1,880 | |
696 | 547 | 666 | 936 | 912 | 1,044 | 1,111 | 1,446 | 1,489 | 1,520 | 1,534 | 1,857 | |
Total Liabilities | 2,786 | 3,143 | 3,651 | 4,223 | 4,491 | 5,132 | 5,101 | 5,066 | 5,163 | 5,286 | 5,926 | 6,541 |
1,329 | 1,436 | 1,701 | 2,708 | 2,851 | 3,556 | 3,627 | 3,451 | 3,585 | 3,427 | 3,536 | 3,527 | |
CWIP | 294 | 688 | 925 | 455 | 633 | 307 | 228 | 417 | 166 | 274 | 251 | 890 |
Investments | 454 | 405 | 358 | 273 | 271 | 531 | 473 | 377 | 458 | 476 | 652 | 527 |
709 | 615 | 668 | 788 | 736 | 738 | 773 | 821 | 954 | 1,109 | 1,487 | 1,597 | |
Total Assets | 2,786 | 3,143 | 3,651 | 4,223 | 4,491 | 5,132 | 5,101 | 5,066 | 5,163 | 5,286 | 5,926 | 6,541 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
378 | 332 | 354 | 330 | 267 | 396 | 493 | 760 | 650 | 1,032 | 680 | 634 | |
-354 | -488 | -513 | -430 | -286 | -600 | -70 | -77 | -200 | -434 | -665 | -299 | |
-25 | 79 | 234 | 30 | 33 | 181 | -421 | -676 | -450 | -553 | 11 | -266 | |
Net Cash Flow | -0 | -77 | 75 | -70 | 14 | -23 | 2 | 7 | 0 | 45 | 26 | 69 |
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 | 8 | 9 | 10 | 9 | 13 | 11 | 10 | 9 | 8 | 4 | 2 | 4 |
Inventory Days | 119 | 86 | 72 | 146 | 132 | 157 | 158 | 148 | 225 | 134 | 198 | 236 |
Days Payable | 104 | 97 | 89 | 145 | 109 | 136 | 146 | 229 | 239 | 154 | 125 | 164 |
Cash Conversion Cycle | 23 | -2 | -8 | 10 | 36 | 33 | 22 | -72 | -6 | -15 | 76 | 75 |
Working Capital Days | -61 | -62 | -64 | -64 | -56 | -46 | -46 | -73 | -68 | -33 | -25 | -14 |
ROCE % | 13% | 13% | 7% | 8% | 4% | 7% | 6% | 7% | 16% | 20% | 19% | 14% |
Documents
Announcements
- Closure of Trading Window 18h
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Announcement under Regulation 30 (LODR)-Acquisition
18 Sep - Acquisition of 20.80% Equity Share Capital of Amplus Helios Pvt. Ltd. on private placement basis
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Sep
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Sep
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 Sep
Annual reports
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Financial Year 2023
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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 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Sep 2023TranscriptPPT
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Manufacturing Capabilities[1]
Company owns and operates 7 cement and clinker plants in Rajasthan, Chattisgarh, Gujarat, Haryana and Odisha.Their combined cement capacity is ~14 MnTPA for cement and ~8.5 MnTn for clinker. The company operated at ~81% capacity utilisation in FY23.[2]