J.K. Cement Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

J.K. Cement Limited (NSE:JKCEMENT) just released its latest yearly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.0% to hit ₹121b. J.K. Cement also reported a statutory profit of ₹111, which was an impressive 20% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the current consensus from J.K. Cement's 23 analysts is for revenues of ₹132.2b in 2026. This would reflect a meaningful 9.7% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 22% to ₹136. Before this earnings report, the analysts had been forecasting revenues of ₹130.2b and earnings per share (EPS) of ₹128 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

Check out our latest analysis for J.K. Cement

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 7.3% to ₹5,573. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values J.K. Cement at ₹6,903 per share, while the most bearish prices it at ₹3,161. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that J.K. Cement's revenue growth is expected to slow, with the forecast 9.7% annualised growth rate until the end of 2026 being well below the historical 16% p.a. growth over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue shrink 1.5% per year. So it's clear that despite the slowdown in growth, J.K. Cement is still expected to grow meaningfully faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards J.K. Cement following these results. On the plus side, they made no changes to their revenue estimates - and they expect it to perform better than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that in mind, we wouldn't be too quick to come to a conclusion on J.K. Cement. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for J.K. Cement going out to 2028, and you can see them free on our platform here..

It is also worth noting that we have found 3 warning signs for J.K. Cement that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.