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 ₹ 9,304 Cr.
- Current Price ₹ 791
- High / Low ₹ 935 / 660
- Stock P/E 34.5
- Book Value ₹ 276
- Dividend Yield 0.81 %
- 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.
Peer comparison
Sector: Cement Industry: Cement - North India
Part of BSE 500 BSE Allcap Nifty Total Market BSE Commodities BSE 400 MidSmallCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | 6,076 | |
1,626 | 1,755 | 1,963 | 2,362 | 2,552 | 3,317 | 3,863 | 3,566 | 3,789 | 4,469 | 5,613 | 5,737 | 5,237 | |
Operating Profit | 429 | 302 | 353 | 273 | 370 | 432 | 454 | 798 | 939 | 951 | 839 | 1,052 | 839 |
OPM % | 21% | 15% | 15% | 10% | 13% | 12% | 11% | 18% | 20% | 18% | 13% | 15% | 14% |
39 | 26 | -34 | 64 | 129 | 72 | 59 | 16 | 35 | 41 | 58 | 77 | 59 | |
Interest | 84 | 77 | 94 | 222 | 244 | 264 | 253 | 225 | 192 | 142 | 133 | 150 | 181 |
Depreciation | 149 | 135 | 115 | 166 | 175 | 207 | 211 | 220 | 225 | 223 | 228 | 246 | 291 |
Profit before tax | 235 | 115 | 109 | -51 | 79 | 32 | 49 | 369 | 556 | 626 | 534 | 732 | 426 |
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 | 271 | |
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 | 23.17 |
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: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 80% |
3 Years: | 4% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 34% |
3 Years: | 20% |
1 Year: | -7% |
Return on Equity | |
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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% |
Documents
Announcements
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Proceedings Of The Meetings Of The Unsecured Creditors And Equity Shareholders Of JK Lakshmi Cement Limited Convened Pursuant To The Directions Of Hon''ble National Company Law Tribunal, Jaipur Bench
28 Mar - Approval of amalgamation scheme for JK Lakshmi Cement.
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Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting
28 Mar - Equity shareholders approved amalgamation scheme for JK Lakshmi Cement.
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Outcome Of Meeting Of Unsecured Creditors Of JK Lakshmi Cement Limited Convened Pursuant To The Directions Of Hon''ble National Company Law Tribunal, Jaipur Bench.
28 Mar - Approval of amalgamation scheme by unsecured creditors.
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Closure of Trading Window
26 Mar - Closure of trading window from April 1, 2025.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
18 Mar - Company received ₹ 4,559.60 Lakh tax demand order.
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 2012
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Financial Year 2011
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Concalls
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Feb 2025TranscriptPPT
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Oct 2016TranscriptPPT
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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.