J K Cements Ltd Share Price

Cement - Major - North India

NSE: JKCEMENT Mid Cap ISIN: INE823G01014
As on 22 December 2024 at 23:02 IST
As on 22 December 2024 at 23:02 IST
4,577.30
-41.85
(-0.91%)
Over 1 Month
12.86%
Over 6 Months
4.54%
Over 1 Year
19.79%
Over 3 Years
36.51%

J K Cements Ltd Summary

Close 4,577.30
Open 4,560
High 4,599.90
Low 4,550.05
Volume 60,059
Net Turnover (in ₹) 54,57,36,602.25
52 Week High 4,895.50
52 Week Low 3,642
52Wk High / Low
3,642
4,895.50

J K Cements Ltd Key Financial Data

Market Cap (in ₹ Cr) 34,908.25
EPS (TTM) 99.32
Book Value (BV) 704.84
Div. Yield 0.44
P/E (TTM) 45.11
Price/Book Value 6.41
Delivery % 48.46
Face Value 10

J K Cements Ltd Key Ratios

P/E ratio 37.92
P/B ratio 5.88
EV to Sales 3.29
PEG Ratio 0.58
ROA 7.41
ROE 16.62
Debt-Equity 1.02
Net Profit Margin 7.61
Operating Profit Margin 19.55

J K Cements Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
J K Cements Ltd ₹4,515.05 ₹34,887
UltraTech Cement Ltd ₹11,424.70 ₹3,29,828.87
Ambuja Cements Ltd ₹548.85 ₹1,35,188.53
Shree Cement Ltd ₹27,062.45 ₹97,643.34
ACC Ltd ₹2,064.45 ₹38,767.74
Dalmia Bharat Ltd ₹1,803 ₹33,818

J K Cements Ltd News

Board of J K Cements approves divestment of entire stake held in Toshali Logistics

At meeting held on 26 October 2024

26 Oct 2024

JK Cements to table results

On 26 October 2024

25 Sep 2024

JK Cement gains as Q1 PAT climbs 66% YoY to Rs 185 cr

JK Cement rallied 3.91% to Rs 4,438.45 after the cement maker's consolidated net profit surged 65.57% to Rs 185.31 crore in Q1 FY25 as compared to Rs 111.92 crore recorded in Q1 FY24.

22 Jul 2024

JK Cements to convene board meeting

On 20 July 2024

28 Jun 2024

JK Cement Works, Prayagraj commences cement grinding capacity of 2Mn TPA

26 Jun 2024

J K Cements Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue11,053.379,081.537,821.386,441.645,549.65
Total Expenses9,835.498,281.276,727.845,282.224,719.49
Profit Before Tax1,212.38800.26963.54992.55652.01
Profit After Tax830.64562.54630.68602.83400.38
Operating Profit after Depreciation1,654.471,060.751,342.851,382.571,053.03

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets8,081.605,313.815,367.704,808.914,468.09
Total Non Current Assets10,214.398,088.067,160.896,192.855,739.59
Total Current Assets4,070.162,802.843,181.362,976.072,115.49
TOTAL ASSETS14,284.5510,890.9010,342.269,168.937,855.08
Total Shareholder's Fund5,353.394,701.504,251.673,733.093,128.90

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities1,894.951,537.971,009.241,569.221,098.81
Net Cash used in Investing Activities-1,739.63-1,174.45-905.58-1,515.18-1,311.34
Net Cash used in Financing Activities-297.27-369.11-123.09-6.3111.24

J K Cements Ltd Corporate Actions

J K Cements Ltd

₹5/Share

Announcement Date 09 Jul 2024
Record Date 10 Jul 2024
Div Yield 50%

About J K Cements Ltd

J.K. Cement Ltd is one of India's leading manufacturers of grey cement and white cement. The company operates in the Construction Materials sector, specifically in the Cement & Cement Products sub-sector.

The company's history dates back to 1975, when it was established by the late Lala Kamlapat Singhania. With over many decades of experience in the cement industry, J.K. Cement has grown significantly from its initial operations. The company's headquarters is located in Kanpur, Uttar Pradesh, India. The Singhania family continues to be the primary promoter group of the company. The current management team is led by Dr. Raghavpat Singhania as Managing Director. Also, Mr. Madhavkrishna Singhania serves as Deputy Managing Director and CEO.
The other managerial promoters of the company include:
  • Sushila Devi Singhania
  • Nidhipati Singhania
  • Ajay Kumar Saraogi

J.K. Cement's main products include Grey Cement, White Cement, and Wall Putty. The company is notably India's second-largest manufacturer of White Cement and the largest producer of Wall Putty. It may not be the largest player in the overall cement sector. However, it has established itself as a market leader in specific product segments, particularly in white cement and wall putty products.

The company has a significant market presence in Northern and Southern India. Also, its manufacturing facilities are spread across Rajasthan, Karnataka, Haryana, Madhya Pradesh, and Gujarat. The promoter shareholding in the company stands at 45.68%. This indicates strong promoter confidence and commitment. Among this stake, Yadu International Ltd. holds a significant (40.19%) promoter shareholding of the company.

The registered office of J.K. Cement Ltd is located at Kamla Tower, Kanpur - 208001, Uttar Pradesh, India. Jaykay Enterprises Limited serves as the registrar and transfer agent for the company. The company maintains modern manufacturing units equipped with state-of-the-art technology. Also, it has a widespread distribution network across India. This supports its market presence and growth objectives.

Influence of the Company

J.K. Cement Ltd has emerged as a pivotal force in India's construction and infrastructure development since its establishment in 1975. The company's evolution from a regional cement manufacturer to a national player with a significant market share in specialized products demonstrates its profound influence on India's construction industry and economic development landscape.

Infrastructure Development and Nation Building
J.K. Cement has played a crucial role in India's infrastructure development. This is accomplished by providing high-quality cement products for many significant projects. Their grey cement has been instrumental in constructing bridges, highways, residential complexes, and industrial structures across the country. The company's consistent supply of quality construction materials has supported India's rapid urbanization and infrastructure growth. This contributes significantly to the nation's development agenda.

Market Leadership and Product Innovation
The company's position as India's second-largest white cement manufacturer and the largest wall putty producer highlights its influence on specialized construction materials. This leadership has led to setting industry standards and driving innovation in these segments. Their focus on premium quality and product development has influenced construction practices and finishing standards across the industry, particularly in decorative and aesthetic construction applications.

Environmental Sustainability Impact
J.K. Cement has been at the forefront of implementing environmentally sustainable practices in cement manufacturing. Their investments in modern technology and eco-friendly production processes have set benchmarks for the industry. The company's initiatives in waste heat recovery, alternative fuel usage, and emission reduction have influenced industry practices and contributed to reducing the cement sector's environmental footprint.

Economic Contribution and Employment
Through its multiple manufacturing facilities across different states, J.K. Cement has significantly influenced regional economic development. The company has generated substantial direct and indirect employment opportunities. This contributes to skill development and livelihood creation in various regions. Their extensive dealer and distribution network has fostered entrepreneurship and business development across their operational areas.

Research and Technical Advancement
The company's investment in research and development has influenced technical advancements in cement manufacturing. Their focus on producing specialized products has led to the development of new applications and construction techniques. This has influenced architectural possibilities and construction methodologies, enabling more innovative building designs and applications.

Corporate Social Responsibility
J.K. Cement's social initiatives have significantly influenced community development in their operational areas. They focus on education, healthcare, and skill development. This has improved the quality of life in surrounding communities. The company's CSR activities have set examples for corporate citizenship and influenced how industrial enterprises can contribute to social development.

Rural Development and Market Creation
The company's penetration into rural markets has influenced rural construction practices and created new market opportunities. Their presence has helped in upgrading construction quality in rural areas. Also, this has influenced the adoption of modern building materials and techniques in these regions.

International Trade Impact
J.K. Cement's export operations, particularly in white cement, have influenced India's position in the global construction materials market. Their international quality standards and export practices have helped establish Indian cement products' credibility in global markets.

J.K. Cement Ltd's influence extends far beyond its role as a cement manufacturer. The company has been a significant catalyst in India's infrastructure development, technological advancement, and sustainable industrial practices. Through their economic contributions, environmental initiatives, and social responsibility programs, they have demonstrated how industrial enterprises can balance commercial success with social and environmental responsibilities.

J K Cements Ltd Stock Analysis

  1. Annual revenue for J K Cements Ltd increased by 21.71% to ₹11,053.37 crore in FY 2024 from ₹9,081.53 crore in FY 2023.
  2. Annual Net Profit for J K Cements Ltd increased by 47.66% to ₹830.64 crore in FY 2024 from ₹562.54 crore in FY 2023.
  3. Promoter Shareholding in J K Cements Ltd decreased by 0.04% in the most recent quarter, from 45.70% in June 2024 to 45.68% in September 2024.
  4. J K Cements Ltd delivered a 1-year return of 19.79% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. J K Cements Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹4,577.30. The latest J K Cements Ltd share price is INR ₹4,577.30.
  6. J K Cements Ltd share price today has been at a low of 4,500.25 and a high of 4,646.05. Over the past 52 weeks, the J K Cements Ltd share price has seen a low of 3,642 and a high of 4,895.50.

FAQ’s

What is the share price of J K Cements Ltd today?

J K Cements Ltd share price as on 22 Dec 2024 is ₹ 4577.3

What is the Market Cap of J K Cements Ltd?

The market cap of J K Cements Ltd stock is ₹34,908.25 Cr.

What is the PE Ratio of J K Cements Ltd?

The Price to Earnings (P/E) Ratio of J K Cements Ltd is 37.92

What is the PB Ratio of J K Cements Ltd?

The Price to Book (P/B) Ratio of J K Cements Ltd is 5.88

What is the 52 week high of J K Cements Ltd Share Price?

The 52 week high of J K Cements Ltd share price stands at ₹4,895.50

What is the 52 week low of J K Cements Ltd Share Price?

The 52 week low of J K Cements Ltd share price stands at ₹3,642

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