JK Lakshmi Cement Limited, together with its subsidiaries, manufactures and supplies cement in India.
JK Lakshmi Cement Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹603.25|
|52 Week High||₹275.15|
|52 Week Low||₹815.25|
|1 Month Change||-10.79%|
|3 Month Change||-13.50%|
|1 Year Change||107.37%|
|3 Year Change||126.66%|
|5 Year Change||25.60%|
|Change since IPO||143.98%|
Recent News & Updates
|500380||IN Basic Materials||IN Market|
Return vs Industry: 500380 exceeded the Indian Basic Materials industry which returned 61.7% over the past year.
Return vs Market: 500380 exceeded the Indian Market which returned 63.7% over the past year.
Stable Share Price: 500380 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500380's weekly volatility (4%) has been stable over the past year.
About the Company
JK Lakshmi Cement Limited, together with its subsidiaries, manufactures and supplies cement in India. It offers Portland Pozzolana cement, and 53 grade and 43 grade ordinary Portland cement under the JK LAKSHMI CEMENT and JK Lakshmi PRO+ Cement brand names for the construction of high-rise buildings, various R.C.C works, industrial works, prestressed concrete works, and precast elements, such as railway sleepers and concrete poles; Portland Slag cement primarily used to construct bungalows, skyscrapers, piling water retaining structures, etc.; composite cement; and other cement under the Platinum Heavy Duty Cement, JKLC Sixer Cement, and Super Sixer Weather Guard Cement brand names. The company also provides ready mix concrete under the JK Lakshmi Power Mix name; autoclaved aerated concrete blocks under the JK SmartBlox name; gypsum plaster products under the JK Lakshmiplast name; gypsum-based plaster products under JK Lakshmiplast GypGold; wall putty under the JK Lakshmiplast Smart Wall Putty; concrete binding and water proofing agents under the name Brahmastra; and ready-to-mix jointing material for joining AAC blocks, fly ash bricks, concrete blocks etc. under the JK Smartbond Mortar brand name.
JK Lakshmi Cement Fundamentals Summary
|500380 fundamental statistics|
Is 500380 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500380 income statement (TTM)|
|Cost of Revenue||₹20.81b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||41.46|
|Net Profit Margin||9.49%|
How did 500380 perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is JK Lakshmi Cement undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500380 (₹603.25) is trading above our estimate of fair value (₹358.33)
Significantly Below Fair Value: 500380 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500380 is good value based on its PE Ratio (14.6x) compared to the Indian Basic Materials industry average (16.7x).
PE vs Market: 500380 is good value based on its PE Ratio (14.6x) compared to the Indian market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: 500380 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 500380 is overvalued based on its PB Ratio (3.4x) compared to the IN Basic Materials industry average (1.7x).
How is JK Lakshmi Cement forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500380's forecast earnings growth (16.9% per year) is above the savings rate (6.7%).
Earnings vs Market: 500380's earnings (16.9% per year) are forecast to grow slower than the Indian market (18.9% per year).
High Growth Earnings: 500380's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500380's revenue (6% per year) is forecast to grow slower than the Indian market (12.8% per year).
High Growth Revenue: 500380's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500380's Return on Equity is forecast to be high in 3 years time (20.5%)
How has JK Lakshmi Cement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500380 has high quality earnings.
Growing Profit Margin: 500380's current net profit margins (9.5%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: 500380's earnings have grown significantly by 44.9% per year over the past 5 years.
Accelerating Growth: 500380's earnings growth over the past year (97.4%) exceeds its 5-year average (44.9% per year).
Earnings vs Industry: 500380 earnings growth over the past year (97.4%) underperformed the Basic Materials industry 104%.
Return on Equity
High ROE: 500380's Return on Equity (24%) is considered high.
How is JK Lakshmi Cement's financial position?
Financial Position Analysis
Short Term Liabilities: 500380's short term assets (₹14.8B) do not cover its short term liabilities (₹14.8B).
Long Term Liabilities: 500380's short term assets (₹14.8B) do not cover its long term liabilities (₹17.0B).
Debt to Equity History and Analysis
Debt Level: 500380's debt to equity ratio (60.3%) is considered high.
Reducing Debt: 500380's debt to equity ratio has reduced from 175% to 60.3% over the past 5 years.
Debt Coverage: 500380's debt is well covered by operating cash flow (81.2%).
Interest Coverage: 500380's interest payments on its debt are well covered by EBIT (4.5x coverage).
What is JK Lakshmi Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500380's dividend (0.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 500380's dividend (0.62%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).
Stability and Growth of Payments
Stable Dividend: 500380's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500380's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9%), 500380's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500380's dividends in 3 years are forecast to be thoroughly covered by earnings (9.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vinita Singhania (69 yo)
Mrs. Vinita Singhania has been the Managing Director of JK Lakshmi Cement Limited since 2001 and has been its Vice Chairman since May 29, 2013. Mrs. Singhania has long experience of managing Cement Busines...
CEO Compensation Analysis
Compensation vs Market: Vinita's total compensation ($USD2.55M) is above average for companies of similar size in the Indian market ($USD381.65K).
Compensation vs Earnings: Vinita's compensation has increased by more than 20% in the past year.
Experienced Board: 500380's board of directors are seasoned and experienced ( 15.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JK Lakshmi Cement Limited's employee growth, exchange listings and data sources
- Name: JK Lakshmi Cement Limited
- Ticker: 500380
- Exchange: BSE
- Founded: 1938
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹70.984b
- Shares outstanding: 117.67m
- Website: https://www.jklakshmicement.com
Number of Employees
- JK Lakshmi Cement Limited
- Nehru House
- 4, Bahadur Shah Zafar Marg
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:02|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.