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 ₹ 31,957 Cr.
- Current Price ₹ 4,136
- High / Low ₹ 4,896 / 3,522
- Stock P/E 41.6
- Book Value ₹ 705
- Dividend Yield 0.36 %
- ROCE 16.5 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 20.0%
Cons
- Promoter holding has decreased over last 3 years: -11.9%
* 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
Part of Nifty 500 Multicap 50:25:25 BSE SmallCap Select Index BSE Commodities BSE 400 MidSmallCap Index BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,907 | 2,790 | 3,351 | 4,124 | 3,745 | 4,591 | 4,981 | 5,464 | 6,328 | 7,679 | 9,310 | 10,918 | 10,758 | |
2,345 | 2,415 | 2,885 | 3,604 | 3,051 | 3,829 | 4,167 | 4,250 | 4,769 | 6,166 | 7,977 | 8,903 | 8,851 | |
Operating Profit | 562 | 376 | 466 | 520 | 694 | 762 | 814 | 1,214 | 1,560 | 1,513 | 1,333 | 2,015 | 1,908 |
OPM % | 19% | 13% | 14% | 13% | 19% | 17% | 16% | 22% | 25% | 20% | 14% | 18% | 18% |
46 | 47 | 49 | 57 | 80 | 109 | 76 | -125 | -99 | -18 | 73 | 119 | 168 | |
Interest | 140 | 153 | 219 | 271 | 273 | 245 | 222 | 223 | 223 | 249 | 296 | 437 | 448 |
Depreciation | 128 | 134 | 137 | 164 | 176 | 186 | 194 | 214 | 245 | 282 | 392 | 486 | 499 |
Profit before tax | 341 | 136 | 159 | 142 | 324 | 440 | 474 | 652 | 993 | 964 | 718 | 1,212 | 1,129 |
Tax % | 31% | 29% | 1% | 27% | 35% | 22% | 31% | 39% | 39% | 35% | 30% | 31% | |
234 | 97 | 157 | 103 | 211 | 342 | 325 | 400 | 603 | 631 | 503 | 831 | 773 | |
EPS in Rs | 33.40 | 13.88 | 22.44 | 14.78 | 30.14 | 48.89 | 42.05 | 51.82 | 78.02 | 81.62 | 65.06 | 107.50 | 100.08 |
Dividend Payout % | 19% | 22% | 18% | 27% | 27% | 20% | 24% | 14% | 19% | 18% | 23% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 20% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 21% |
3 Years: | 5% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 29% |
3 Years: | 7% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 16% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 70 | 70 | 70 | 70 | 70 | 70 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
Reserves | 1,627 | 1,689 | 1,577 | 1,620 | 1,802 | 2,077 | 2,816 | 3,052 | 3,656 | 4,174 | 4,562 | 5,276 | 5,369 |
1,272 | 2,320 | 2,609 | 2,643 | 2,643 | 2,354 | 2,359 | 2,776 | 2,999 | 3,267 | 4,966 | 5,232 | 5,616 | |
933 | 1,024 | 1,093 | 1,231 | 1,329 | 1,483 | 1,696 | 1,950 | 2,437 | 2,824 | 3,218 | 3,699 | 3,863 | |
Total Liabilities | 3,902 | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 12,823 | 14,285 | 14,925 |
2,364 | 2,313 | 3,338 | 3,523 | 3,680 | 3,597 | 3,635 | 4,468 | 4,809 | 5,368 | 7,301 | 8,082 | 8,335 | |
CWIP | 108 | 1,102 | 191 | 152 | 105 | 88 | 556 | 509 | 489 | 71 | 590 | 415 | 494 |
Investments | 169 | 300 | 315 | 437 | 536 | 635 | 1,005 | 566 | 807 | 1,745 | 1,016 | 1,471 | 1,595 |
1,261 | 1,389 | 1,505 | 1,452 | 1,523 | 1,665 | 1,751 | 2,312 | 3,064 | 3,159 | 3,916 | 4,317 | 4,500 | |
Total Assets | 3,902 | 5,103 | 5,348 | 5,564 | 5,843 | 5,984 | 6,947 | 7,855 | 9,169 | 10,342 | 12,823 | 14,285 | 14,925 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
384 | 187 | 434 | 589 | 712 | 790 | 711 | 1,099 | 1,569 | 1,009 | 1,402 | 1,895 | |
-477 | -1,046 | -458 | -390 | -655 | -131 | -863 | -1,311 | -1,515 | -906 | -2,072 | -1,740 | |
-7 | 874 | 84 | -215 | -302 | -598 | 207 | 11 | -6 | -123 | 811 | -297 | |
Net Cash Flow | -100 | 15 | 60 | -16 | -246 | 61 | 55 | -201 | 48 | -19 | 142 | -142 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 14 | 15 | 15 | 15 | 14 | 15 | 15 | 15 | 18 | 19 | 16 | 15 |
Inventory Days | 438 | 466 | 335 | 232 | 286 | 251 | 243 | 265 | 238 | 320 | 204 | 227 |
Days Payable | 187 | 212 | 150 | 152 | 217 | 304 | 177 | 191 | 191 | 192 | 178 | 172 |
Cash Conversion Cycle | 266 | 269 | 200 | 95 | 84 | -38 | 80 | 89 | 66 | 147 | 42 | 70 |
Working Capital Days | -2 | 16 | 8 | -11 | -11 | -10 | -15 | 0 | 18 | 54 | 31 | 39 |
ROCE % | 17% | 8% | 9% | 10% | 14% | 16% | 14% | 19% | 23% | 19% | 12% | 16% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Nov - JK Cement to attend investor conference on November 19, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Nov
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
8 Nov - Amalgamation of Toshali Cements with J.K. Cement effective January 2024.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 Oct - Transcript and Audio recording of conference call pertaining to unaudited financial results for Quarter and Half year ended 30.09.2024.
Annual reports
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Financial Year 2024
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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
from bse
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Financial Year 2010
from nse
Concalls
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Oct 2024Transcript PPT
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Sep 2024TranscriptNotesPPT
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Jul 2024TranscriptPPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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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
Market Position
The company is among the top 10 grey cement manufacturers in India. It is the fifth-largest cement manufacturer in North India. Furthermore, it has become the sixth-largest player in the central region. [1]