Is JK Lakshmi Cement a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that JK Lakshmi Cement Ltd is a good quality company .

Is JK Lakshmi Cement undervalued or overvalued?

The key valuation ratios of JK Lakshmi Cement Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is JK Lakshmi Cement share price return in the past 10 years?

JK Lakshmi Cement Ltd share price has appreciated 7.1% annually (CAGR) over the past ten years.

Is JK Lakshmi Cement a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of JK Lakshmi Cement Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

JK Lakshmi Cement Ltd - Stock Valuation and Financial Performance

Name: JK Lakshmi Cement
Brand: JK Lakshmi Cement

BSE: 500380 | NSE: JKLAKSHMI | Cement & Construction Materials | Small Cap

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JK Lakshmi Cement Share Price

₹744.80 -4.15 -0.55%
as on 21-Nov'24 16:00

10 Year X-Ray of JK Lakshmi Cement:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.6%	4.6%	7.8%	8.6%	8.9%	16%	20%	19.8%	16.5%	20%	-
Value Creation Index ⓘ	-0.5	-0.7	-0.5	-0.4	-0.4	0.1	0.4	0.5	0.2	0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,307	2,620	2,910	3,412	3,882	4,044	4,385	5,041	6,071	6,320	5,820
Sales YoY Gr.	-	13.6%	11.1%	17.2%	13.8%	4.2%	8.4%	15%	20.4%	4.1%	-
Adj EPS ⓘ	10.6	-1.8	3.9	4.7	4.8	20	30.7	34.9	27.4	35.7	36.6
YoY Gr.	-	-116.8%	NA	19.8%	3.4%	315.4%	53.2%	13.7%	-21.3%	30%	-
BVPS (₹) ⓘ	113.1	110.4	117.1	123.2	129.2	145.4	176.5	208.2	231.3	261.9	271.2
Adj Net Profit ⓘ	124	-20.8	45.8	54.9	56.7	236	361	410	323	420	430
Cash Flow from Ops. ⓘ	352	298	363	456	689	541	862	540	454	816	-
Debt/CF from Ops. ⓘ	5.4	6.4	6	4.4	2.3	2.7	1.3	1.8	1.8	0.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.9%	10.2%	13%	4.1%
Adj EPS ⓘ	14.5%	49.2%	5.1%	30%
BVPSⓘ	9.8%	15.2%	14.1%	13.2%
Share Price	7.1%	21.4%	5.4%	-7.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	9.4	-1.6	3.4	3.9	3.8	14.6	19	18.1	12.5	14.5	13.7
Op. Profit Mgn % ⓘ	15.2	10.4	12.7	12.1	10.7	16.6	18	15.9	11.6	13.7	13.1
Net Profit Mgn % ⓘ	5.4	-0.8	1.6	1.6	1.5	5.8	8.2	8.1	5.3	6.6	7.4
Debt to Equity ⓘ	1.4	1.5	1.6	1.4	1.1	0.9	0.5	0.4	0.3	0.2	0.1
Working Cap Days ⓘ	97	87	73	68	60	64	60	47	54	64	49
Cash Conv. Cycle ⓘ	1	9	8	7	-3	-9	-5	2	9	10	-5

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.96%

Return on Equity has declined versus last 3 years average to 13.70%

Net Profit has been subdued in last 3 years 5.14%

Sales growth is not so good in last 4 quarters at -7.78%

Latest Financials - JK Lakshmi Cement Ltd.

	Standalone	Consolidated
TTM EPS (₹)	36.6	30.3
TTM Sales (₹ Cr.)	5,820	6,282
BVPS (₹.) ⓘ	271.2	276.3
Reserves (₹ Cr.) ⓘ	3,132	3,192
P/BV ⓘ	2.76	2.71
PE ⓘ	20.48	24.69

From the Market
52 Week Low / High (₹)	686.70 / 998.40
All Time Low / High (₹)	3.77 / 1138.75
Market Cap (₹ Cr.)	8,813
Equity (₹ Cr.)	58.8
Face Value (₹)	5
Industry PE ⓘ	48.4

Management X-Ray of JK Lakshmi Cement:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of JK Lakshmi Cement

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Price to Earnings

Enterprise Value to EBIT

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of JK Lakshmi Cement

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,307	2,620	2,910	3,412	3,882	4,044	4,385	5,041	6,071	6,320
Operating Expenses ⓘ	1,958	2,348	2,545	3,001	3,467	3,371	3,595	4,240	5,367	5,457
Manufacturing Costs	694	672	713	955	1,227	1,150	1,081	1,420	1,942	1,778
Material Costs	496	693	762	778	818	851	1,084	1,238	1,582	1,767
Employee Cost	146	194	208	235	269	312	327	326	349	374
Other Costs ⓘ	622	789	862	1,033	1,154	1,058	1,103	1,255	1,494	1,538
Operating Profit ⓘ	349	272	365	411	415	672	790	801	704	863
Operating Profit Margin (%)	15.1%	10.4%	12.6%	12.1%	10.7%	16.6%	18.0%	15.9%	11.6%	13.7%
Other Income ⓘ	28	49	70	68	57	50	74	67	62	65
Interest ⓘ	91	197	189	197	188	164	143	96	92	87
Depreciation ⓘ	112	163	172	179	179	188	194	191	194	195
Exceptional Items ⓘ	-63	-11	0	0	0	-30	-31	-23	0	0
Profit Before Tax ⓘ	112	-50	74	103	104	339	497	558	481	646
Tax ⓘ	16	-43	-8	19	25	104	133	132	151	221
Profit After Tax	96	-7	82	84	80	235	364	426	331	424
PAT Margin (%)	4.1%	-0.3%	2.8%	2.5%	2.0%	5.8%	8.3%	8.5%	5.4%	6.7%
Adjusted EPS (₹)	8.1	-0.6	7.0	7.1	6.8	20.0	30.9	36.2	28.1	36.1
Dividend Payout Ratio (%)	25%	-45%	11%	11%	11%	13%	12%	14%	13%	18%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,331	1,304	1,382	1,453	1,523	1,713	2,079	2,452	2,724	3,081
Share Capital ⓘ	59	59	59	59	59	59	59	59	59	59
Reserves ⓘ	1,272	1,245	1,323	1,394	1,464	1,654	2,020	2,394	2,665	3,023
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1,670	1,691	1,966	1,811	1,319	1,183	790	780	561	516
Long Term Debt	1,437	1,393	1,590	1,398	1,260	1,078	776	774	556	364
Short Term Debt	233	298	376	413	59	105	14	5	4	151
Trade Payables	218	199	265	319	511	468	379	298	512	468
Others Liabilities ⓘ	921	915	902	886	1,080	1,186	1,413	1,309	1,415	1,843
Total Liabilities ⓘ	4,140	4,108	4,515	4,469	4,433	4,550	4,661	4,839	5,211	5,908
Fixed Assets
Gross Block	4,095	2,891	3,160	3,306	3,329	3,669	3,715	3,963	4,115	4,232
Accumulated Depreciation	1,512	163	334	513	691	866	1,053	1,239	1,408	1,595
Net Fixed Assetsⓘ	2,583	2,729	2,826	2,793	2,638	2,803	2,662	2,724	2,707	2,636
CWIP ⓘ	361	283	205	228	411	152	228	112	65	374
Investmentsⓘ	423	437	809	794	720	784	751	938	924	1,450
Inventories	223	241	278	317	312	413	316	491	700	762
Trade Receivables	70	96	90	97	107	88	54	34	61	40
Cash Equivalents	15	12	9	12	18	31	359	339	335	229
Others Assetsⓘ	464	311	299	228	228	278	293	201	420	416
Total Assets ⓘ	4,140	4,108	4,515	4,469	4,433	4,550	4,661	4,839	5,211	5,908

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	352	298	363	456	689	541	862	540	454	816
PBT ⓘ	175	-39	74	103	104	370	528	558	481	646
Adjustment ⓘ	115	314	304	333	333	283	242	210	234	217
Changes in Working Capital ⓘ	87	27	-13	59	270	-36	180	-130	-171	65
Tax Paid ⓘ	-25	-5	-3	-39	-18	-76	-87	-98	-91	-112
Cash Flow From Investing Activity ⓘ	-406	-70	-416	-89	-78	-172	-326	-207	-48	-587
Capex	-456	-146	-125	-137	-189	-87	-119	-113	-142	-398
Net Investments	47	72	-293	56	107	-92	-216	-122	68	300
Others ⓘ	3	3	2	-8	4	6	10	27	26	-489
Cash Flow From Financing Activityⓘ	34	-231	50	-365	-605	-369	-492	-311	-334	-279
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	77	-46	177	-187	-39	-196	-258	-154	-174	-257
Interest Paid ⓘ	-207	-222	-202	-205	-200	-174	-143	-99	-91	-90
Dividend Paid ⓘ	-27	-28	-4	-10	-11	-45	0	-44	-59	-67
Others ⓘ	191	65	78	37	-354	46	-91	-14	-11	135
Net Cash Flow ⓘ	-21	-4	-3	3	6	0	44	21	72	-50

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	7.3	-0.5	6.13	5.94	5.36	14.56	19.21	18.83	12.79	14.62
ROCE (%)	6.59	4.56	7.77	8.55	8.87	15.97	20.04	19.79	16.5	20.01
Asset Turnover Ratio	0.67	0.71	0.76	0.78	0.87	0.9	0.95	1.13	1.28	1.23
PAT to CFO Conversion(x)	3.67	N/A	4.43	5.43	8.61	2.3	2.37	1.27	1.37	1.92
Working Capital Days
Receivable Days	9	10	10	10	10	9	6	3	3	3
Inventory Days	23	29	29	31	30	33	30	28	34	39
Payable Days	128	110	111	137	185	210	143	100	93	101

JK Lakshmi Cement Ltd Stock News

JK Lakshmi Cement Ltd FAQs

What is the share price of JK Lakshmi Cement?

Company share prices are keep on changing according to the market conditions. The closing price of JK Lakshmi Cement on 21-Nov-2024 16:00 is ₹744.8.

What is the market cap of JK Lakshmi Cement?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:00 the market cap of JK Lakshmi Cement stood at ₹8,812.9.

What is the P/E ratio of JK Lakshmi Cement?

The latest P/E ratio of JK Lakshmi Cement as of 21-Nov-2024 16:00 is 20.48.

What is the P/B ratio of JK Lakshmi Cement?

The latest P/B ratio of JK Lakshmi Cement as of 21-Nov-2024 16:00 is 2.76.

What is the 52-week high and low of JK Lakshmi Cement?

The 52-week high of JK Lakshmi Cement is ₹998.4 and the 52-week low is ₹686.7.

What is the TTM revenue of JK Lakshmi Cement?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JK Lakshmi Cement is ₹5,820 ( Cr.) .

About JK Lakshmi Cement Ltd

A member of the prestigious JK Organisation, a group known worldwide for its business legacy of more than a century, JK Lakshmi Cement Limited has set new benchmarks in the cement industry in India. The company was set up in 1982– in a village in District Sirohi, Rajasthan. Its relentless focus on product quality, customer satisfaction and innovation has helped it push its boundaries and tap the immense potential for development in the infrastructure and construction sectors in its country. In the journey towards excellence, it has taken a decisive action to become a high performance organisation. Right from gaining foothold in the new and emerging markets in the country to investing in the latest R & D, it has continued to be a resilient performer despite the constantly evolving challenges of the cement sector.

A strong network of many cement dealers spread in the states of Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Uttar Pradesh, Uttarakhand, Punjab, Delhi, Haryana, Jammu & Kashmir, Maharashtra, Odisha and West Bengal has helped the company to serve its customers far and wide, in different regions of India. To continue its growth story, it has established a cement factory in Durg, Chhattisgarh, in accordance with the government’s ‘Make in India’ campaign, which aims to boost the economy and growth of the region. Apart from Durg, it has another cement plant in Sirohi, Rajasthan and four split location grinding units - at Kalol, Gujarat; at Surat, Gujarat; at Cuttack, Odisha and at Jhamri, district Jhajjhar, Haryana. The combined capacity of these units and factories makes company one of the leading cement producing companies in India.

Business area of the company

JK Lakshmi Cement is an eminent industrial house with operations in India and abroad and having a leadership presence in the fields of tyre, cement, paper, power transmissions and sealing solutions, dairy products and textiles.

Awards

2015-16:

Global CSR Excellence & Leadership Awards for Best Innovative CSR Project in Hygiene & Sanitation.
Most trusted brand - CG awarded by CM - CG.
Best IT implementation Awards 2016 for JK Mobile App.
Global Safety Award 2016 - for Achievement in Implementing Corporate Social Responsibility Programs for Strengthening Core Business with Social Commitment awarded by Energy and Environment Foundation, New Delhi.
Chhattisgarh Leadership Award - for Water Conservation & Management.

2016-17:

Great place to work 2017.
Economic Times Best Brand Award 2016-17.
Excellence in Supply Management Award-2016.
BEE - Best Energy Efficient Practice Exhibitor Award.

2017-18:

VCMD-ET NOW CSR Leadership Lifetime Achievement Award.
International Safety Award 2017.
JK Lakshmi Cement bagged second prize in the Overall Performance category-Sirohi Mines.
JK Lakshmi Cement Limited Recognized as one of India’s Top 10 Best Places to Work 2018 in Manufacturing Sector.
JK Laksmi - Durg Plant was awarded Lowest Consumer of Power per tonne by CII in the Cement Producers’ Cluster.

2018-19:

JK Lakshmi Cement has been awarded with the title of ‘Best Employee Engagement Company of the Year’ by ET NOW.
PPC, PSC, Composite Cement across all locations of operations Certified with Green Pro Certification by prestigious institute CII-Godrej, GBS, Hyderabad.
‘CII Leadership Performance Awards - 2018 (Solar)’.

2019-20:

JKLC is the winner of Institute of Directors (IOD) Golden Peacock Award for CSR-2019.
JK Lakshmi Cement Jhajjar Unit won the Safety Innovation Award 2019.
CII - Excellence Energy Efficient unit Award - 2019.
Won National Awards for Environment Excellence instituted by NCCBM.
‘Global HR Excellence Awards’ by ET NOW-2020.

Milestones

1982: 1st Integrated Plant at Sirohi, Total Capacity -0.5 Mn MT.
2001: Capacity Augmentation at Sirohi, Capacity -2.4 Mn MT.
2009: Capacity Addition at Sirohi, Capacity -4.2 Mn MT.
2009: Kalol Grinding Unit Commissioned -0.5 Mn MT, Total Capacity -4.7 Mn MT.
2015: Jharli GU Started & Capacity added1.3 Mn MT Total Capacity -6.0 Mn MT.
2015: 2nd Integrated Plant at Durg -1.8 Mn MT, Total Capacity -7.8 Mn MT.
2015: Capacity Addition at Sirohi -0.5 Mn MT, Total Capacity -8.3 Mn MT.
2016: Capacity Addition at Kalol -0.3 Mn MT, Total Capacity -8.6 Mn MT.
2017: Surat GU Commissioned -1.4 Mn MT, Total Capacity -10.0 Mn MT.
2017: Capacity Addition at Durg - 0.9 Mn MT, Total Capacity -10.90 Mn MT.
2017: Successfully commissioned integrated plant of 1.6 Mn MT under Company’s subsidiary - UCWL Total Capacity 12.5 Mn MT.
2019: 0.8 Mn MT GU Odisha Commissioned in the Second Quarter FY 19-20, Adding to the Total Capacity -13.30 Mn MT.