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J K Cements Ltd share Price

Company details

6M Return 11.71%
1Y Return 24.16%
Mkt Cap.(Cr) 24,506.71
Volume 31,800
Div Yield 0.47%
OI Chg %
Volume 31,800

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New capacity to keep growth trajectory intact
About The Stock

    With 14.7 MT grey cement capacity, JK Cement is the fourth largest player in North India contributing over 40% of its revenues. The company also has a presence in the western region in Gujarat, Maharashtra and southern region in which Karnataka is a key market for the company.

    • It is also the second largest producer of white cement (0.6 MT) and wall putty (1.2 MT) in India
    • The company is adding another 4 MT integrated cement capacity in the central region that will take its capacity to 18.7 MT by FY23E

    JK Cement’s performance remained below estimates due to miss on the margins. Further exceptional loss w.r.t. UAE subsidiary led to lower profits.

    • Revenues increased 10.5% YoY to ₹ 2269 crore led by 1% YoY growth in the volumes (3.93 MT) and 9.5% YoY increase in realisations
    • EBITDA margins declined 453 bps YoY, 224 bps QoQ to 16.9% (vs. I-direct estimate 18.2%) due to 16% YoY, 1.5% QoQ rise in the cost of production. Blended EBITDA/t came in at ₹ 973/t (down 13.7% YoY, 12.8% QoQ)
    • PAT of ₹ 86.3 crore (down 32% QoQ) was lower than estimates due to impairment loss of ₹ 130 crore pertaining to UAE subsidiary

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Investment recommendation
New capacity to keep growth trajectory intact
Call Date
24 May 2022
Entry Price 2,370.00
Target Price 2,850.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

J K Cements Ltd Stocks COMPARISION


Equity Capital: 4,686.75 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,014.89 -11,775.55
LAST 3M 48,885.55 -315.90
LAST 6M 51,016.24 146,552.89
LAST 12M 134,434.58 164,088.22
JK Cement Limited - Trading Window

Sep 27, 2023 l NSE Announcement

JK Cement Limited - Updates

Sep 21, 2023 l NSE Announcement

Date Action Type Ratio
Aug 01, 2023 Dividend 150
Aug 02, 2022 Dividend 150
Aug 03, 2021 Dividend 150

J K Cements Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • JK Cement Ltd manufactures and sells cement and cement-related products in India and 42 other countries. The company manufactures grey cement, white cement, and allied products. Its first grey cement factory was established in Nimbahera, Rajasthan, in May 1975. The company has 12 RMC plants across India.

    In 2022, JK Cement Ltd earned Rs 7,991 crore in revenue, making a profit of Rs 687 crore. The company’s revenue in 2022 witnessed a 21% hike compared to 2021, while the profit made by the company in 2021 was higher by 3.34%. 

    JK Cement Ltd is listed on the Bombay Stock Exchange with the code 532644 and on the National Stock Exchange with the ticker JKCEMENT. On November 24, 2022, JK Cement Ltd’s market capitalisation was Rs 22,788 crore. 

    JK Cement Ltd is one of the largest manufacturers of grey cement in India and one of the world’s largest manufacturers of white cement. The company has an installed grey cement capacity of 20 MnTPA. It has a white cement capacity of 1.20 MnTPA, making it one of the global leaders in white cement manufacturing. JK White Cement is sold across 43 countries. The company has a formidable international presence with two subsidiaries.

    As of November 24, 2022, 45.84% of the company’s shares are held by the promoters, mutual funds have a 19.99% stake, retail shareholders have a 14.64% stake, foreign institutional investors own 16.06% of the shares, and financial institutions own only 1.1% of the company’s shares.

    A 13-member board of directors helms the company. The members of the board of directors are Sushila Devi Singhania, Raghavpat Singhania, Madhavkrishna Singhania, A.K. Saraogi, Nidhipati Singhania, Paul Hugentobler, Sudhir Jalan, Ashok Sinha, Deepa Gopalan Wadhwa, Mudit Aggarwal, K. B. Agarwal, Saurabh Chandra, Satish Kumar Kalra, and Ajay Narayan Jha. 

    On November 24, 2022, JK Cement Ltd share price closed at Rs 2,953.05, up 0.13% from the open price of Rs 2,942.95. The company’s share prices have risen 156% in the past three years and dropped by 14.40% in the past 12 months. Nevertheless, the stock had a good one month with a growth of 10.06%. On November 24, 2022, the share’s 52-week high was Rs 3,659.25, and the 52-week low was Rs 2,003.70. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code:  56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532644
Book Closure Date (Month) :
BSE Group : A
ISIN : INE823G01014

FAQ’s on J K Cements Ltd Shares

You can buy J K Cements Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy J K Cements Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 28, 2023 12:54 PM the closing price of J K Cements Ltd was ₹ 3,171.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 28, 2023 12:54 PM, the market cap of J K Cements Ltd stood at ₹ 24,506.71.

The latest PE ratio of J K Cements Ltd as of Sep 28, 2023 12:54 PM is 63.86

The latest PB ratio of J K Cements Ltd as of Sep 28, 2023 12:54 PM is 0.19

The 52-week high of J K Cements Ltd is ₹ 3,476.40 while the 52-week low is ₹ 2,425.25

According to analyst recommendations, J K Cements Ltd has a “Buy” rating for the long term.

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