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5003

JK Lakshmi CementBSE:500380 Stock Report

Market Cap

₹71.0b

7D

-4.4%

1Y

107.4%

Updated

21 Oct, 2021

Data

Company Financials +
500380 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends4/6

500380 Overview

JK Lakshmi Cement Limited, together with its subsidiaries, manufactures and supplies cement in India.

JK Lakshmi Cement Competitors

UltraTech Cement

NSEI:ULTRACEMCO

₹2.1t

ACC

NSEI:ACC

₹420.0b

Dalmia Bharat

NSEI:DALBHARAT

₹369.7b

J.K. Cement

BSE:532644

₹251.3b

Price History & Performance

Summary of all time highs, changes and price drops for JK Lakshmi Cement
Historical stock prices
Current Share Price₹603.25
52 Week High₹275.15
52 Week Low₹815.25
Beta0.75
1 Month Change-10.79%
3 Month Change-13.50%
1 Year Change107.37%
3 Year Change126.66%
5 Year Change25.60%
Change since IPO143.98%

Recent News & Updates

Shareholder Returns

500380IN Basic MaterialsIN Market
7D-4.4%-3.1%-2.4%
1Y107.4%61.8%62.6%

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.

Price Volatility

Is 500380's price volatile compared to industry and market?
500380 volatility
500380 Beta0.75
Industry Beta0.67
Market Beta1

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

FoundedEmployeesCEOWebsite
19381,677Vinita Singhaniahttps://www.jklakshmicement.com

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

How do JK Lakshmi Cement's earnings and revenue compare to its market cap?
500380 fundamental statistics
Market Cap₹70.98b
Earnings (TTM)₹4.88b
Revenue (TTM)₹51.41b

14.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500380 income statement (TTM)
Revenue₹51.41b
Cost of Revenue₹20.81b
Gross Profit₹30.60b
Expenses₹25.72b
Earnings₹4.88b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)41.46
Gross Margin59.52%
Net Profit Margin9.49%
Debt/Equity Ratio60.3%

How did 500380 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is JK Lakshmi Cement undervalued compared to its fair value and its price relative to the market?

14.55x

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).


Future Growth

How is JK Lakshmi Cement forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

16.9%

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%)


Past Performance

How has JK Lakshmi Cement performed over the past 5 years?

44.9%

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.


Financial Health

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).


Balance Sheet


Dividend

What is JK Lakshmi Cement current dividend yield, its reliability and sustainability?

0.62%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.8yrs

Average board tenure


CEO

Vinita Singhania (69 yo)

no data

Tenure

₹190,700,000

Compensation

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.


Board Members

Experienced Board: 500380's board of directors are seasoned and experienced ( 15.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JK Lakshmi Cement Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • JK Lakshmi Cement Limited
  • Nehru House
  • 4, Bahadur Shah Zafar Marg
  • New Delhi
  • Delhi
  • 110002
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.