J K Cements Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 6:01 am

Market Cap	46,373 Cr.
Current Price	6,002
High / Low	6,100/3,891
Stock P/E	58.7
Book Value	788
Dividend Yield	0.25 %
ROCE	13.9 %
ROE	13.8 %
Face Value	10.0
PEG Ratio	195.11

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for J K Cements Ltd

Competitors of J K Cements Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Bheema Cements Ltd	52.7 Cr.	16.2	35.3/16.2		3.95	0.00 %	13.1 %	108 %	10.0
UltraTech Cement Ltd	3,33,665 Cr.	11,323	12,341/10,048	54.5	2,399	0.62 %	10.9 %	9.34 %	10.0
The Ramco Cements Ltd	24,924 Cr.	1,055	1,080/765	221	317	0.24 %	4.82 %	1.54 %	1.00
The India Cements Ltd	10,312 Cr.	333	386/216		329	0.00 %	4.22 %	7.15 %	10.0
Star Cement Ltd	8,675 Cr.	214	248/172	51.4	71.2	0.00 %	8.38 %	6.04 %	1.00
Industry Average	36,151.00 Cr	2,029.92		58.28	557.07	0.63%	8.30%	14.62%	7.13

All Competitor Stocks of J K Cements Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	2,351	2,272	2,228	2,436	2,778	2,763	2,753	2,935	3,106	2,808	2,560	2,930	3,581
Expenses	1,967	1,866	1,923	2,189	2,428	2,355	2,286	2,310	2,546	2,321	2,276	2,438	2,816
Operating Profit	384	406	305	247	350	408	467	625	560	486	284	492	765
OPM %	16%	18%	14%	10%	13%	15%	17%	21%	18%	17%	11%	17%	21%
Other Income	42	15	22	19	38	17	29	38	55	45	140	45	46
Interest	73	65	67	79	101	109	115	114	115	110	123	112	113
Depreciation	91	106	106	118	132	135	141	140	153	147	146	146	162
Profit before tax	262	250	154	69	154	181	241	409	347	273	155	279	535
Tax %	24%	36%	28%	46%	31%	37%	27%	31%	37%	32%	12%	32%	32%
Net Profit	199	161	111	37	107	113	176	284	220	185	136	190	361
EPS in Rs	26.03	21.06	14.54	5.05	14.17	14.84	22.69	36.73	28.44	23.98	16.28	24.54	46.64

Last Updated: May 31, 2025, 8:45 am

Below is a detailed analysis of the quarterly data for J K Cements Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 3,581.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,930.00 Cr. (Dec 2024) to 3,581.00 Cr., marking an increase of 651.00 Cr..
For Expenses, as of Mar 2025, the value is 2,816.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,438.00 Cr. (Dec 2024) to 2,816.00 Cr., marking an increase of 378.00 Cr..
For Operating Profit, as of Mar 2025, the value is 765.00 Cr.. The value appears strong and on an upward trend. It has increased from 492.00 Cr. (Dec 2024) to 765.00 Cr., marking an increase of 273.00 Cr..
For OPM %, as of Mar 2025, the value is 21.00%. The value appears strong and on an upward trend. It has increased from 17.00% (Dec 2024) to 21.00%, marking an increase of 4.00%.
For Other Income, as of Mar 2025, the value is 46.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Dec 2024) to 46.00 Cr., marking an increase of 1.00 Cr..
For Interest, as of Mar 2025, the value is 113.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 112.00 Cr. (Dec 2024) to 113.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 162.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 146.00 Cr. (Dec 2024) to 162.00 Cr., marking an increase of 16.00 Cr..
For Profit before tax, as of Mar 2025, the value is 535.00 Cr.. The value appears strong and on an upward trend. It has increased from 279.00 Cr. (Dec 2024) to 535.00 Cr., marking an increase of 256.00 Cr..
For Tax %, as of Mar 2025, the value is 32.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 32.00%.
For Net Profit, as of Mar 2025, the value is 361.00 Cr.. The value appears strong and on an upward trend. It has increased from 190.00 Cr. (Dec 2024) to 361.00 Cr., marking an increase of 171.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 46.64. The value appears strong and on an upward trend. It has increased from 24.54 (Dec 2024) to 46.64, marking an increase of 22.10.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:49 pm

Metric	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
Sales	2,907	2,790	3,401	4,362	4,010	4,854	5,259	5,802	6,606	7,991	9,720	11,556	11,404
Expenses	2,348	2,437	2,948	3,816	3,284	4,064	4,420	4,556	5,022	6,478	8,393	9,485	9,582
Operating Profit	559	353	453	546	726	789	839	1,246	1,585	1,513	1,327	2,071	1,822
OPM %	19%	13%	13%	13%	18%	16%	16%	21%	24%	19%	14%	18%	16%
Other Income	47	48	67	50	79	110	76	53	67	112	75	129	285
Interest	140	153	229	305	303	284	261	276	253	270	312	453	461
Depreciation	129	134	146	197	217	231	241	288	306	342	462	573	592
Profit before tax	338	114	144	94	286	383	412	734	1,093	1,013	628	1,174	1,055
Tax %	32%	34%	2%	41%	40%	25%	36%	34%	36%	33%	34%	33%
Net Profit	230	75	142	55	172	286	264	483	703	679	416	790	731
EPS in Rs	33.00	11.03	20.54	8.27	25.42	41.41	34.99	63.73	91.85	88.93	54.82	102.35	93.24
Dividend Payout %	20%	27%	19%	48%	31%	24%	29%	12%	16%	17%	27%	20%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-67.39%	89.33%	-61.27%	212.73%	66.28%	-7.69%	82.95%	45.55%	-3.41%	-38.73%	89.90%
Change in YoY Net Profit Growth (%)	0.00%	156.72%	-150.60%	273.99%	-146.45%	-73.97%	90.65%	-37.41%	-48.96%	-35.32%	128.64%

J K Cements Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	15%
3 Years:	14%
TTM:	3%

Compounded Profit Growth
10 Years:	20%
5 Years:	9%
3 Years:	4%
TTM:	-1%

Stock Price CAGR
10 Years:	27%
5 Years:	39%
3 Years:	42%
1 Year:	43%

Return on Equity
10 Years:	14%
5 Years:	15%
3 Years:	13%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: June 12, 2025, 3:15 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	70	70	70	70	70	77	77	77	77	77	77	77
Reserves	1,676	1,547	1,517	1,641	1,905	2,625	2,950	3,659	4,248	4,607	5,290	6,012
Borrowings	2,783	3,229	3,323	3,317	2,941	2,973	3,503	3,626	4,115	5,292	5,549	6,028
Other Liabilities	1,234	1,205	1,275	1,383	1,541	1,737	2,011	2,509	2,963	3,331	3,886	4,564
Total Liabilities	5,764	6,051	6,185	6,411	6,456	7,413	8,542	9,872	11,403	13,307	14,802	16,682
Fixed Assets	2,327	4,074	4,254	4,542	4,443	4,537	5,554	5,937	6,544	8,467	9,298	9,519
CWIP	1,788	337	321	127	104	574	530	509	1,032	592	464	1,317
Investments	68	37	79	80	119	438	46	142	216	92	368	601
Other Assets	1,582	1,603	1,532	1,662	1,789	1,863	2,412	3,283	3,612	4,155	4,672	5,244
Total Assets	5,764	6,051	6,185	6,411	6,456	7,413	8,542	9,872	11,403	13,307	14,802	16,682

Below is a detailed analysis of the balance sheet data for J K Cements Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 77.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 77.00 Cr..
For Reserves, as of Mar 2025, the value is 6,012.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,290.00 Cr. (Mar 2024) to 6,012.00 Cr., marking an increase of 722.00 Cr..
For Borrowings, as of Mar 2025, the value is 6,028.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 5,549.00 Cr. (Mar 2024) to 6,028.00 Cr., marking an increase of 479.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 4,564.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,886.00 Cr. (Mar 2024) to 4,564.00 Cr., marking an increase of 678.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 16,682.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14,802.00 Cr. (Mar 2024) to 16,682.00 Cr., marking an increase of 1,880.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 9,519.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,298.00 Cr. (Mar 2024) to 9,519.00 Cr., marking an increase of 221.00 Cr..
For CWIP, as of Mar 2025, the value is 1,317.00 Cr.. The value appears strong and on an upward trend. It has increased from 464.00 Cr. (Mar 2024) to 1,317.00 Cr., marking an increase of 853.00 Cr..
For Investments, as of Mar 2025, the value is 601.00 Cr.. The value appears strong and on an upward trend. It has increased from 368.00 Cr. (Mar 2024) to 601.00 Cr., marking an increase of 233.00 Cr..
For Other Assets, as of Mar 2025, the value is 5,244.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,672.00 Cr. (Mar 2024) to 5,244.00 Cr., marking an increase of 572.00 Cr..
For Total Assets, as of Mar 2025, the value is 16,682.00 Cr.. The value appears strong and on an upward trend. It has increased from 14,802.00 Cr. (Mar 2024) to 16,682.00 Cr., marking an increase of 1,880.00 Cr..

However, the Borrowings (6,028.00 Cr.) are higher than the Reserves (₹6,012.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	364	256	580	772	883	704	1,372	1,593	878	1,377	1,959	1,939
Cash from Investing Activity +	-1,558	-478	-408	-668	-79	-825	-1,483	-1,348	-984	-1,964	-1,626	-1,910
Cash from Financing Activity +	1,227	230	-193	-346	-723	173	-113	-137	62	741	-416	74
Net Cash Flow	33	8	-21	-242	81	52	-225	108	-44	154	-83	104

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	559.00	351.00	450.00	543.00	723.00	787.00	837.00	-2.00	-2.00	-3.00	-4.00	-3.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	19	18	18	18	18	17	20	20	18	18
Inventory Days	438	466	345	258	292	269	257	288	257	343	223	235
Days Payable	187	378	196	160	222	303	179	205	204	203	188	185
Cash Conversion Cycle	266	102	169	116	88	-17	96	100	73	159	53	68
Working Capital Days	-2	-10	6	-12	-7	-9	-12	-1	20	58	33	39
ROCE %	16%	7%	8%	8%	12%	14%	13%	17%	20%	17%	10%	16%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	57.62%	51.50%	45.82%	45.84%	45.84%	45.84%	45.83%	45.80%	45.80%	45.70%	45.70%	45.70%
FIIs	17.39%	17.72%	16.47%	16.06%	15.63%	15.88%	15.54%	15.50%	14.40%	15.25%	15.92%	17.71%
DIIs	20.10%	19.82%	20.65%	21.09%	21.91%	21.85%	22.46%	23.15%	24.25%	24.01%	23.37%	22.06%
Public	4.89%	10.96%	17.06%	17.01%	16.63%	16.42%	16.17%	15.54%	15.54%	15.00%	14.99%	14.52%
No. of Shareholders	78,500	77,461	90,701	89,862	82,391	76,444	75,763	71,764	72,582	68,181	77,580	79,162

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Kotak Emerging Equity Fund - Regular Plan	2,318,616	2.08	1017.64	2,318,616	2025-04-22 17:25:30	0%
Axis Midcap Fund	1,106,405	1.61	485.6	1,106,405	2025-04-22 17:25:30	0%
DSP Mid Cap Fund	987,674	2.27	433.49	987,674	2025-04-22 15:56:56	0%
Kotak Equity Opportunities Fund - Regular Plan	850,000	1.55	373.07	850,000	2025-04-22 17:25:30	0%
SBI Magnum Midcap Fund	713,774	1.54	313.28	713,774	2025-04-22 15:56:56	0%
Mirae Asset Focused Fund	509,849	2.71	223.77	509,849	2025-04-22 17:25:30	0%
Kotak Small Cap Fund - Regular Plan	504,909	1.33	221.6	504,909	2025-04-22 17:25:30	0%
PGIM India Midcap Opportunities Fund	500,296	1.99	219.58	500,296	2025-04-22 17:25:30	0%
Canara Robeco Emerging Equities	473,532	0.87	207.83	473,532	2025-04-22 17:25:30	0%
Franklin India Prima Fund	442,739	1.62	194.32	442,739	2025-04-22 15:56:56	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	102.35	55.17	87.90	90.99	62.56
Diluted EPS (Rs.)	102.35	55.17	87.90	90.99	62.56
Cash EPS (Rs.)	176.34	113.54	132.25	130.62	99.83
Book Value[Excl.RevalReserv]/Share (Rs.)	688.71	600.81	555.29	480.28	389.22
Book Value[Incl.RevalReserv]/Share (Rs.)	688.71	600.81	555.29	480.28	389.22
Revenue From Operations / Share (Rs.)	1495.54	1257.98	1034.17	854.96	750.84
PBDIT / Share (Rs.)	285.34	181.41	210.34	213.75	168.09
PBIT / Share (Rs.)	211.24	122.10	166.02	174.13	130.82
PBT / Share (Rs.)	151.88	81.70	131.12	141.41	95.05
Net Profit / Share (Rs.)	102.23	54.24	87.93	90.99	62.56
NP After MI And SOA / Share (Rs.)	102.35	55.17	88.93	91.85	63.73
PBDIT Margin (%)	19.07	14.42	20.33	25.00	22.38
PBIT Margin (%)	14.12	9.70	16.05	20.36	17.42
PBT Margin (%)	10.15	6.49	12.67	16.54	12.65
Net Profit Margin (%)	6.83	4.31	8.50	10.64	8.33
NP After MI And SOA Margin (%)	6.84	4.38	8.59	10.74	8.48
Return on Networth / Equity (%)	14.73	9.09	15.88	18.99	16.26
Return on Capital Employeed (%)	14.31	9.12	14.69	16.99	15.04
Return On Assets (%)	5.34	3.20	6.02	7.18	5.76
Long Term Debt / Equity (X)	0.77	0.87	0.69	0.80	0.89
Total Debt / Equity (X)	0.97	1.07	0.89	0.84	0.95
Asset Turnover Ratio (%)	0.82	0.80	0.75	0.71	0.71
Current Ratio (X)	1.30	1.27	1.32	1.63	1.22
Quick Ratio (X)	0.95	0.93	0.86	1.24	0.84
Inventory Turnover Ratio (X)	1.65	1.32	1.24	1.40	1.39
Dividend Payout Ratio (NP) (%)	14.65	27.18	16.86	0.00	27.46
Dividend Payout Ratio (CP) (%)	8.50	13.10	11.25	0.00	17.32
Earning Retention Ratio (%)	85.35	72.82	83.14	0.00	72.54
Cash Earning Retention Ratio (%)	91.50	86.90	88.75	0.00	82.68
Interest Coverage Ratio (X)	4.87	4.49	6.03	6.53	4.70
Interest Coverage Ratio (Post Tax) (X)	2.76	2.34	3.52	3.78	2.75
Enterprise Value (Cr.)	35828.33	26704.51	22282.87	24254.30	9489.25
EV / Net Operating Revenue (X)	3.10	2.75	2.79	3.67	1.64
EV / EBITDA (X)	16.25	19.05	13.71	14.68	7.31
MarketCap / Net Operating Revenue (X)	2.73	2.32	2.35	3.38	1.25
Retention Ratios (%)	85.34	72.81	83.13	0.00	72.53
Price / BV (X)	5.87	4.82	4.34	5.98	2.40
Price / Net Operating Revenue (X)	2.73	2.32	2.35	3.38	1.25
EarningsYield	0.02	0.01	0.03	0.03	0.06

After reviewing the key financial ratios for J K Cements Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 102.35. This value is within the healthy range. It has increased from 55.17 (Mar 23) to 102.35, marking an increase of 47.18.
For Diluted EPS (Rs.), as of Mar 24, the value is 102.35. This value is within the healthy range. It has increased from 55.17 (Mar 23) to 102.35, marking an increase of 47.18.
For Cash EPS (Rs.), as of Mar 24, the value is 176.34. This value is within the healthy range. It has increased from 113.54 (Mar 23) to 176.34, marking an increase of 62.80.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 688.71. It has increased from 600.81 (Mar 23) to 688.71, marking an increase of 87.90.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 688.71. It has increased from 600.81 (Mar 23) to 688.71, marking an increase of 87.90.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,495.54. It has increased from 1,257.98 (Mar 23) to 1,495.54, marking an increase of 237.56.
For PBDIT / Share (Rs.), as of Mar 24, the value is 285.34. This value is within the healthy range. It has increased from 181.41 (Mar 23) to 285.34, marking an increase of 103.93.
For PBIT / Share (Rs.), as of Mar 24, the value is 211.24. This value is within the healthy range. It has increased from 122.10 (Mar 23) to 211.24, marking an increase of 89.14.
For PBT / Share (Rs.), as of Mar 24, the value is 151.88. This value is within the healthy range. It has increased from 81.70 (Mar 23) to 151.88, marking an increase of 70.18.
For Net Profit / Share (Rs.), as of Mar 24, the value is 102.23. This value is within the healthy range. It has increased from 54.24 (Mar 23) to 102.23, marking an increase of 47.99.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 102.35. This value is within the healthy range. It has increased from 55.17 (Mar 23) to 102.35, marking an increase of 47.18.
For PBDIT Margin (%), as of Mar 24, the value is 19.07. This value is within the healthy range. It has increased from 14.42 (Mar 23) to 19.07, marking an increase of 4.65.
For PBIT Margin (%), as of Mar 24, the value is 14.12. This value is within the healthy range. It has increased from 9.70 (Mar 23) to 14.12, marking an increase of 4.42.
For PBT Margin (%), as of Mar 24, the value is 10.15. This value is within the healthy range. It has increased from 6.49 (Mar 23) to 10.15, marking an increase of 3.66.
For Net Profit Margin (%), as of Mar 24, the value is 6.83. This value is within the healthy range. It has increased from 4.31 (Mar 23) to 6.83, marking an increase of 2.52.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.84. This value is below the healthy minimum of 8. It has increased from 4.38 (Mar 23) to 6.84, marking an increase of 2.46.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.73. This value is below the healthy minimum of 15. It has increased from 9.09 (Mar 23) to 14.73, marking an increase of 5.64.
For Return on Capital Employeed (%), as of Mar 24, the value is 14.31. This value is within the healthy range. It has increased from 9.12 (Mar 23) to 14.31, marking an increase of 5.19.
For Return On Assets (%), as of Mar 24, the value is 5.34. This value is within the healthy range. It has increased from 3.20 (Mar 23) to 5.34, marking an increase of 2.14.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.77. This value is within the healthy range. It has decreased from 0.87 (Mar 23) to 0.77, marking a decrease of 0.10.
For Total Debt / Equity (X), as of Mar 24, the value is 0.97. This value is within the healthy range. It has decreased from 1.07 (Mar 23) to 0.97, marking a decrease of 0.10.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.82. It has increased from 0.80 (Mar 23) to 0.82, marking an increase of 0.02.
For Current Ratio (X), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 1.5. It has increased from 1.27 (Mar 23) to 1.30, marking an increase of 0.03.
For Quick Ratio (X), as of Mar 24, the value is 0.95. This value is below the healthy minimum of 1. It has increased from 0.93 (Mar 23) to 0.95, marking an increase of 0.02.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.65. This value is below the healthy minimum of 4. It has increased from 1.32 (Mar 23) to 1.65, marking an increase of 0.33.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 14.65. This value is below the healthy minimum of 20. It has decreased from 27.18 (Mar 23) to 14.65, marking a decrease of 12.53.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.50. This value is below the healthy minimum of 20. It has decreased from 13.10 (Mar 23) to 8.50, marking a decrease of 4.60.
For Earning Retention Ratio (%), as of Mar 24, the value is 85.35. This value exceeds the healthy maximum of 70. It has increased from 72.82 (Mar 23) to 85.35, marking an increase of 12.53.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.50. This value exceeds the healthy maximum of 70. It has increased from 86.90 (Mar 23) to 91.50, marking an increase of 4.60.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.87. This value is within the healthy range. It has increased from 4.49 (Mar 23) to 4.87, marking an increase of 0.38.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.76. This value is below the healthy minimum of 3. It has increased from 2.34 (Mar 23) to 2.76, marking an increase of 0.42.
For Enterprise Value (Cr.), as of Mar 24, the value is 35,828.33. It has increased from 26,704.51 (Mar 23) to 35,828.33, marking an increase of 9,123.82.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 2.75 (Mar 23) to 3.10, marking an increase of 0.35.
For EV / EBITDA (X), as of Mar 24, the value is 16.25. This value exceeds the healthy maximum of 15. It has decreased from 19.05 (Mar 23) to 16.25, marking a decrease of 2.80.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.73. This value is within the healthy range. It has increased from 2.32 (Mar 23) to 2.73, marking an increase of 0.41.
For Retention Ratios (%), as of Mar 24, the value is 85.34. This value exceeds the healthy maximum of 70. It has increased from 72.81 (Mar 23) to 85.34, marking an increase of 12.53.
For Price / BV (X), as of Mar 24, the value is 5.87. This value exceeds the healthy maximum of 3. It has increased from 4.82 (Mar 23) to 5.87, marking an increase of 1.05.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.73. This value is within the healthy range. It has increased from 2.32 (Mar 23) to 2.73, marking an increase of 0.41.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of J K Cements Ltd as of June 13, 2025 is: 5,119.38

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 13, 2025, J K Cements Ltd is Overvalued by 14.71% compared to the current share price 6,002.00

Intrinsic Value of J K Cements Ltd as of June 13, 2025 is: 5,134.78

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 13, 2025, J K Cements Ltd is Overvalued by 14.45% compared to the current share price 6,002.00

Last 5 Year EPS CAGR: 0.30%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 8.58, which is a positive sign. The company has shown consistent growth in sales (5.62 cr) and profit (241.31 cr) over the years.	The stock has a low average ROCE of 13.17%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 106.08, which may not be favorable. The company has higher borrowings (3,889.92) compared to reserves (3,139.75), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in J K Cements Ltd:
1. Net Profit Margin: 6.83%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 14.31% (Industry Average ROCE: 8.3%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.73% (Industry Average ROE: 14.62%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.76
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.95
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 58.7 (Industry average Stock P/E: 58.28)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.97
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

JK Cement Ltd. is a Public Limited Listed company incorporated on 24/11/1994 and has its registered office in the State of Uttar Pradesh, India. Company's Corporate Identification Number(CIN) is L17229UP1994PLC017199 and registration number is 017199. Currently Company is involved in the business activities of Manufacture of cement, lime and plaster. Company's Total Operating Revenue is Rs. 11093.18 Cr. and Equity Capital is Rs. 77.27 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Cement	Kamla Tower, Kanpur Uttar Pradesh 208001	shambhu.singh@jkcement.com http://www.jkcement.com

Management
Name	Position Held
Mrs. Sushila Devi Singhania	Chairperson
Dr. Nidhipati Singhania	Vice Chairman
Dr. Raghavpat Singhania	Managing Director
Mr. Madhavkrishna Singhania	Dy.Managing Director & CEO
Mr. Ajay Kumar Saraogi	Dy.Managing Director & CFO
Mr. Mudit Aggarwal	Director
Mr. Paul Heinz Hugentobler	Director
Mr. Saurabh Chandra	Director
Mrs. Deepa Gopalan Wadhwa	Director
Mr. Ashok Kumar Sharma	Director
Mr. Ashok Sinha	Director
Mr. Sudhir Jalan	Director
Ms. Praveen Mahajan	Director
Mr. Rakesh Sethi	Director

FAQ

What is the intrinsic value of J K Cements Ltd?

J K Cements Ltd's intrinsic value (as of 13 June 2025) is ₹5119.38 — 14.71% lower the current market price of 6,002.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 46,373 Cr. market cap, FY2025-2026 high/low of ₹6,100/3,891, reserves of 6,012 Cr, and liabilities of 16,682 Cr.

What is the Market Cap of J K Cements Ltd?

The Market Cap of J K Cements Ltd is 46,373 Cr..

What is the current Stock Price of J K Cements Ltd as on 13 June 2025?

The current stock price of J K Cements Ltd as on 13 June 2025 is 6,002.

What is the High / Low of J K Cements Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of J K Cements Ltd stocks is ₹6,100/3,891.

What is the Stock P/E of J K Cements Ltd?

The Stock P/E of J K Cements Ltd is 58.7.

What is the Book Value of J K Cements Ltd?

The Book Value of J K Cements Ltd is 788.

What is the Dividend Yield of J K Cements Ltd?

The Dividend Yield of J K Cements Ltd is 0.25 %.

What is the ROCE of J K Cements Ltd?

The ROCE of J K Cements Ltd is 13.9 %.

What is the ROE of J K Cements Ltd?

The ROE of J K Cements Ltd is 13.8 %.

What is the Face Value of J K Cements Ltd?

The Face Value of J K Cements Ltd is 10.0.