company background image
JKLA

JK Lakshmi Cement NSEI:JKLAKSHMI Stock Report

Last Price

₹469.35

Market Cap

₹55.1b

7D

19.2%

1Y

-11.1%

Updated

23 May, 2022

Data

Company Financials +
JKLAKSHMI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

JKLAKSHMI Stock Overview

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

JK Lakshmi Cement Competitors

Price History & Performance

Summary of all time highs, changes and price drops for JK Lakshmi Cement
Historical stock prices
Current Share Price₹469.35
52 Week High₹816.00
52 Week Low₹366.25
Beta0.67
1 Month Change3.90%
3 Month Change8.75%
1 Year Change-11.06%
3 Year Change19.66%
5 Year Change-5.43%
Change since IPO848.66%

Recent News & Updates

May 06
Here's Why We Think JK Lakshmi Cement (NSE:JKLAKSHMI) Is Well Worth Watching

Here's Why We Think JK Lakshmi Cement (NSE:JKLAKSHMI) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

JKLAKSHMIIN Basic MaterialsIN Market
7D19.2%0.9%3.4%
1Y-11.1%-5.6%9.5%

Return vs Industry: JKLAKSHMI underperformed the Indian Basic Materials industry which returned -5.6% over the past year.

Return vs Market: JKLAKSHMI underperformed the Indian Market which returned 9.5% over the past year.

Price Volatility

Is JKLAKSHMI's price volatile compared to industry and market?
JKLAKSHMI volatility
JKLAKSHMI Average Weekly Movement8.1%
Basic Materials Industry Average Movement6.4%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: JKLAKSHMI is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: JKLAKSHMI's weekly volatility (8%) 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?
JKLAKSHMI fundamental statistics
Market Cap₹55.12b
Earnings (TTM)₹4.64b
Revenue (TTM)₹54.20b

11.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JKLAKSHMI income statement (TTM)
Revenue₹54.20b
Cost of Revenue₹23.59b
Gross Profit₹30.61b
Other Expenses₹25.98b
Earnings₹4.64b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)39.39
Gross Margin56.48%
Net Profit Margin8.55%
Debt/Equity Ratio73.3%

How did JKLAKSHMI perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

13%

Payout Ratio

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


11.89x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: JKLAKSHMI (₹469.35) is trading above our estimate of fair value (₹311.53)

Significantly Below Fair Value: JKLAKSHMI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JKLAKSHMI is good value based on its PE Ratio (11.9x) compared to the Indian Basic Materials industry average (15.4x).

PE vs Market: JKLAKSHMI is good value based on its PE Ratio (11.9x) compared to the Indian market (20.5x).


Price to Earnings Growth Ratio

PEG Ratio: JKLAKSHMI is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: JKLAKSHMI is overvalued based on its PB Ratio (2.2x) compared to the IN Basic Materials industry average (1.4x).


Future Growth

How is JK Lakshmi Cement forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JKLAKSHMI's forecast earnings growth (6.4% per year) is below the savings rate (6.7%).

Earnings vs Market: JKLAKSHMI's earnings (6.4% per year) are forecast to grow slower than the Indian market (17.3% per year).

High Growth Earnings: JKLAKSHMI's earnings are forecast to grow, but not significantly.

Revenue vs Market: JKLAKSHMI's revenue (8.6% per year) is forecast to grow slower than the Indian market (11.7% per year).

High Growth Revenue: JKLAKSHMI's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JKLAKSHMI's Return on Equity is forecast to be low in 3 years time (16.2%).


Past Performance

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

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


38.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JKLAKSHMI has high quality earnings.

Growing Profit Margin: JKLAKSHMI's current net profit margins (8.6%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: JKLAKSHMI's earnings have grown significantly by 38.9% per year over the past 5 years.

Accelerating Growth: JKLAKSHMI's earnings growth over the past year (14.4%) is below its 5-year average (38.9% per year).

Earnings vs Industry: JKLAKSHMI earnings growth over the past year (14.4%) exceeded the Basic Materials industry 8.6%.


Return on Equity

High ROE: JKLAKSHMI's Return on Equity (18.9%) is considered low.


Financial Health

How is JK Lakshmi Cement's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JKLAKSHMI's short term assets (₹19.5B) exceed its short term liabilities (₹17.1B).

Long Term Liabilities: JKLAKSHMI's short term assets (₹19.5B) exceed its long term liabilities (₹16.8B).


Debt to Equity History and Analysis

Debt Level: JKLAKSHMI's net debt to equity ratio (25.5%) is considered satisfactory.

Reducing Debt: JKLAKSHMI's debt to equity ratio has reduced from 189.9% to 73.3% over the past 5 years.

Debt Coverage: JKLAKSHMI's debt is well covered by operating cash flow (36.6%).

Interest Coverage: JKLAKSHMI's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.07%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JKLAKSHMI's dividend (1.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: JKLAKSHMI's dividend (1.07%) is low compared to the top 25% of dividend payers in the Indian market (1.6%).


Stability and Growth of Payments

Stable Dividend: JKLAKSHMI's dividend payments have been volatile in the past 10 years.

Growing Dividend: JKLAKSHMI's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.7%), JKLAKSHMI's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.3%), JKLAKSHMI's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

24.7yrs

Average board tenure


CEO

Vinita Singhania (69 yo)

0.58

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 ($USD2.45M) is above average for companies of similar size in the Indian market ($USD339.23K).

Compensation vs Earnings: Vinita's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: JKLAKSHMI's board of directors are seasoned and experienced ( 24.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: JKLAKSHMI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

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: JKLAKSHMI
  • Exchange: NSEI
  • Founded: 1938
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: ₹55.117b
  • 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 Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.