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JK Lakshmi Cement Ltd share Price Today

Company details

875.55
900.00
607.20
999.90
6M Return 4.73%
1Y Return 29.61%
Mkt Cap.(Cr) 10,375.55
Volume 84,457
Div Yield 0.74%
OI
-
OI Chg %
-
Volume 84,457

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About The Stock

    JK Lakshmi mainly caters to the north, west & eastern markets with total capacity of 13.9 MT (including subsidiary). It has integrated units at Sirohi, Udaipur (Rajasthan), and Durg (Chhattisgarh) while grinding units are located at Jhajjar (Haryana), Cuttack (Odisha), Kalol and Surat (Gujarat).

    • It also has 117 MW power plant (74 MW CPP, 33 MW WHRS and 10 MW Solar) that fulfils 75% of its total power requirements
    • The company is now adding 2.5 MT cement capacity (1.5 MT clinker) through its subsidiary unit UCWL at a cost of ~₹ 1650 crore (expected by Q1FY25E)
    • The company intends to take its total cement capacity to 30 MT by 2030
Q3FY23 Results:

    JK Lakshmi’ result print was a mixed bag with revenues coming in better than our expectations owing to better-than-expected utilisation rates but significantly higher power and fuel expenses impacted profitability.

    • Revenue grew 25% YoY to ₹ 1488.5 crore, mainly led by higher realisations, which increased 18% YoY (1.1% QoQ)
    • Absolute EBITDA grew 15% QoQ (9% YoY) to ₹ 159.6 crore. EBITDA margins declined 155 bps YoY to 10.7% (I-direct estimate: 11.9%)
    • Owing to lower tax rate (28% in Q3FY23 vs. 35% in Q3FY22), PAT grew 24% YoY to ₹ 73.6 crore (I-direct estimate: ₹ 73.4 crore)

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Research view on more stocks

Cement & Cement Products company JK Lakshmi Cement announced Q4FY24 & FY24 results:

  • The company reported a capacity utilization of 89% in the fourth quarter of FY24 as compared to 79% in the third quarter, emphasizing improved operational efficiency.
  • The company’s Standalone Net Sales saw a 4% increase in FY24, indicating a positive growth trajectory in revenue streams.
  • A 1% increase in Standalone Sales Volume in FY24 reflects the company's ability to maintain and slightly improve its market presence in terms of volume sold.
  • The Standalone Net Profit for JK Lakshmi Cement jumped by 28% in FY24, reaching Rs 424.32 crore, showcasing significant profitability throughout the financial year.
  • With a Net Debt to EBIDTA ratio of 0.22 times and a Net Debt Equity of 0.07 times on a standalone basis, the company maintains a strong financial structure with low leverage.

 

Result PDF

View Other Company Results

JK Lakshmi Cement Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • Red Flag: Resignation of Top Management
  • Increasing Trend in Non-Core Income

Resistance and support

R1 896.0
R2 910.2
R3 920.4
Pivot

885.77

S1 871.5
S2 861.3
S3 847.1
EMA SMA
864.1
842.1
835.3
814.9
866.0
820.9
841.7
824.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO Bulk Purchase 2021-08-23 696.5 1277969 BSE
GOLDMAN SACHS INDIA FUND LIMITED Bulk Sell 2021-08-23 696.5 1277969 BSE
GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO Block Purchase 2021-08-23 696.5 1277969 BSE
Name Category Shares
BENGAL & ASSAM COMPANY LTD PROMOTER 44.31%

OUR RESEARCH VIEW

Investment recommendation
Call Date
15 Feb 2023
Entry Price 746.00
Target Price 810.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

JK Lakshmi Cement Ltd Stocks COMPARISON

Financials( in Cr) JK Lakshmi Cement Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd
Price 881.75 11,602.30 676.50 27,665.50 2,686.15
% Change -0.54 -0.27 1.73 -0.86 1.25
Mcap Cr 10,375.55 334,954.92 166,630.27 99,819.89 50,442.41
Revenue TTM Cr 6,451.50 61,326.50 33,159.64 17,852.33 19,958.92
Net Profit TTM Cr 369.11 4,916.88 4,738.01 1,269.14 2,336.53
PE TTM 22.26 47.45 50.25 41.64 23.39
1 Year Return 29.61 38.93 61.26 15.19 49.67
ROCE 13.64 12.86 16.49 8.51 18.62
ROE 13.91 9.62 12.95 7.03 15.34
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,803.86 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,224.87 41,746.21
LAST 3M 102,686.14 43,949.93
LAST 6M 196,093.23 11,922.60
LAST 12M 310,530.02 79,314.43
JK Lakshmi Cement Limited - Updates

Jul 12, 2024 l NSE Announcement

JK Lakshmi Cement Limited - Updates

Jul 10, 2024 l NSE Announcement

Date Action Type Ratio
Feb 21, 2024 Dividend 40
Aug 11, 2023 Dividend 75
Aug 04, 2022 Dividend 100

JK Lakshmi Cement Ltd Information

Stock PE (TTM)
22.26
Promoter Holding
46.34%
Book Value
270.811
ROCE
13.64%
ROE
13.91%
Registered Address

Basantgarh, Jaykaypuram, Sirohi, Rajasthan, 307019

Tel : 91-2971-242267/242268/244409/244410
Email : jklc.investors:jkmail.com
Website : http://www.jklakshmicement.com
Registrar

MCS Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 500380
NSE Code : JKLAKSHMI
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE786A01032

FAQ’s on JK Lakshmi Cement Ltd Shares

You can buy JK Lakshmi Cement Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy JK Lakshmi Cement Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 12, 2024 03:55 PM the closing price of JK Lakshmi Cement Ltd was Rs.881.75.

The latest PE ratio of JK Lakshmi Cement Ltd as of Jul 12, 2024 03:55 PM is 22.26

The latest PB ratio of JK Lakshmi Cement Ltd as of Jul 12, 2024 03:55 PM is 0.31

The 52-week high of JK Lakshmi Cement Ltd share price is Rs. 999.90 while the 52-week low is Rs. 607.20

According to analyst recommendations, JK Lakshmi Cement Ltd Share has a "Buy" rating for the long term.

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 Jul 12, 2024 03:55 PM, the market cap of JK Lakshmi Cement Ltd stood at Rs. 10,375.55 Cr.

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