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JK Lakshmi Cement Ltd share Price

Company details

726.00
749.50
382.80
896.90
6M Return -9.85%
1Y Return 76.20%
Mkt Cap.(Cr) 8,591.09
Volume 327,203
Div Yield 0.68%
OI
-
OI Chg %
-
Volume 327,203

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About The Stock

    JK Lakshmi mainly caters to North, West & Eastern markets with total capacity of 13.3MT (Incl. 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 105MW power plant (74MW CPP, 21MW WHRS, and 10MW Solar) that fulfils its 75% of total power requirements.

    The company is now adding 2.5MT cement capacity (1.5MT clinker) through its subsidiary unit UCWL at cost of ~₹1650 crore

Q4FY22

    The results were better than estimates especially on the margins front due to lower than expected fuel and other expenses.

    • Revenues were up 13.3% YoY to ₹1497.6 crore (vs I-direct est: ₹1448 crore) led by sales volume growth of 6.9% YoY to 3.1MT  
    • Absolute EBITDA improved 3.1% YoY to ₹276.2 crore (up 88.7% QoQ). EBITDA margin of 18.4% was far higher than I-direct estimate of 10.7%.
    • PAT of ₹59.2 crore was down 42.1% YoY, vs (vs our est: ₹53.6 crore)

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JK Lakshmi Cement Ltd.

Q4FY23 Quarterly & FY23 Annual Result Announced for JK Lakshmi Cement Ltd.

JK Lakshmi Cement announced Q4FY23 & FY23 results:

  • The Company has become 'Net Debt Free Company' as of 31st March 2023
  • The Standalone Net Sales increased by 20% in FY23
  • The Standalone Sales Volume increased by 7% in FY23
  • The Company achieved a Capacity Utilization of 89% in Q4FY23 Vs 77% in Q3FY23
  • The Company proposes to issue Green Bonds of Rs 200 crore to fund Green Project

Commenting on the Results of the company, Vinita Singhania, Vice Chairman & Managing Director (VC&MD) of the company said, "despite unabated increase in the fuel cost. the Company has been able to record satisfactory performance by improving its various Efficiency parameters, better Product Mix & Geo Mix & focusing on several Green Initiatives "

 

 

 

Result PDF

View Other Company Results

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 COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,505.15 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 4,188.45 35,755.27
LAST 3M 16,061.94 57,887.59
LAST 6M 62,190.55 42,497.37
LAST 12M 116,352.25 89,431.64

JK Lakshmi Cement Ltd Information

Stock PE (TTM)
23.99
Promoter Holding
46.31%
Book Value
238.2802
ROCE
17.23%
ROE
20.77%
Registered Address

Basantgarh, Jaykaypuram, Sirohi, Rajasthan, 307019

Tel : 91-2971-242267/242268/244409/244410
Email : rgupta: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 Jun 07, 2023 03:55 PM the closing price of JK Lakshmi Cement Ltd was ₹ 730.10.

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 Jun 07, 2023 03:55 PM, the market cap of JK Lakshmi Cement Ltd stood at ₹ 8,591.09.

The latest PE ratio of JK Lakshmi Cement Ltd as of Jun 07, 2023 03:55 PM is 23.99

The latest PB ratio of JK Lakshmi Cement Ltd as of Jun 07, 2023 03:55 PM is 0.33

The 52-week high of JK Lakshmi Cement Ltd is ₹ 896.90 while the 52-week low is ₹ 382.80

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

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