SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JK Cement Ltd (JKCEMENT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532644 NSE: JKCEMENT Cement & Construction Materials | Mid Cap | JK Cement Share Price

₹5,530.60 119.65 (2.21%)

As on 02-Jul'26 16:59

JK Cement Ltd (JKCEMENT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532644 NSE: JKCEMENT Cement & Construction Materials | Mid Cap | JK Cement Share Price

₹5,530.60 119.65 (2.21%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹42,734 Cr.
Current Price
₹5,530.6
52-Week Low / High
₹4,670 / 7,565
TTM EPS
₹133.7
TTM Sales
₹12,945 Cr.
Book Value per Share
₹900.9
P/E Ratio
41.36
In line with its 5-year historical median
Industry PE
38.4
Price to Book (P/B)
6.14
In line with its 5-year historical median
Price to Sales (P/S)
3.30
Higher than its 5-year historical median
EV/EBITDA
19.29
Higher than its 5-year historical median
Dividend Yield
0.36%
Profitability Efficiency
Return on Equity (ROE)
15.89%
Outperforms industry median
Return on Capital Employed (ROCE)
15.33%
In line with industry median
Return on Assets (ROA)
6.02%
Operating Profit Margin
17.9%
Net Profit Margin
7.98%
Gross Profit Margin
13.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
15.72%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
17.77%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
21.39%
Asset Quality
Promoter Holding
45.66%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹6,883 Cr.
Equity
₹77.3 Cr.
Face Value
₹10
All Time Low / High
₹34.80 / 7565.00

JK Cement stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is JK Cement Ltd a good quality company?
JK Cement Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does JK Cement Ltd performance compare with that of its Peers?
Q.1 Revenue growth of JK Cement Ltd vs industry peers?
JK Cement Ltd revenue CAGR is 15.22%, compared to the industry median CAGR of 8.67%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of JK Cement Ltd?
Promoters hold 45.66% of the JK Cement Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of JK Cement Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JK Cement Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 13.5%15.2%14.3%15.7%19.3%17.1%11.9%16.4%14.9%15.3%-
Value Creation
Index
00.10.10.20.70.50.10.50.30.4-

Growth Parameters

Sales 3,7564,5914,9815,4646,3287,6799,31010,91811,18712,94512,945
Sales YoY Gr.-22.3%8.5%9.7%15.8%21.3%21.3%17.3%2.5%15.7%-
Adj EPS 31.950.842.170.981.68466.2108.7105.1137.4133.7
YoY Gr.-59.3%-17.1%68.5%15.2%2.9%-21.2%64.3%-3.4%30.8%-
BVPS (₹) 267.6307.1374.4404.9483.1550.3600.5692.8782.2900.8900.9
Adj Net
Profit
2233553255486316495118408121,0621,033
Cash Flow from Ops. 7127907111,0991,5691,0091,4021,8952,0281,839-
Debt/CF from Ops. 3.733.32.51.93.23.52.72.93.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 14.7%15.4%11.6%15.7%
Adj EPS 17.6%11%27.6%30.8%
BVPS14.4%13.3%14.5%15.2%
Share Price 23.5% 14.1% 18.2% -12.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
12.517.712.918.218.416.311.516.814.316.314.9
Op. Profit
Mgn %
18.516.616.322.224.719.714.318.517.717.918
Net Profit
Mgn %
5.97.76.510108.55.57.77.38.28
Debt to
Equity
1.41.10.80.90.80.81.1110.90.7
Working Cap
Days
91889610911710610295959562
Cash Conv.
Cycle
1349181516159984

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3,7564,5914,9815,4646,3287,6799,31010,91811,18712,945
Operating Expenses + 3,0693,8314,1714,2824,8146,1977,9908,9139,21910,627
Manufacturing Costs9981,2991,4781,4291,5602,1893,1403,2552,8913,374
Material Costs6357738388651,0531,2711,5441,7181,9182,203
Employee Cost 275325354391412504575710822938
Other Costs 1,1611,4331,5021,5971,7892,2322,7313,2303,5894,113
Operating Profit 6867618101,1821,5141,4821,3202,0051,9682,318
Operating Profit Margin (%) 18.3%16.6%16.3%21.6%23.9%19.3%14.2%18.4%17.6%17.9%
Other Income + 107128808611314385135170193
Exceptional Items -19-170-178-167-1300-654-46
Interest 273245222223223249296437450416
Depreciation 176186194214245282392486518556
Profit Before Tax 3244404746529939647181,2121,2251,494
Tax 11498149252390333215382374460
Profit After Tax 2113423254006036315038318511,033
PAT Margin (%) 5.6%7.5%6.5%7.3%9.5%8.2%5.4%7.6%7.6%8.0%
Adjusted EPS (₹)30.148.942.151.878.081.665.1107.5110.2133.7
Dividend Payout Ratio (%)26.50%20.50%23.80%14.50%19.20%18.40%23.10%18.60%13.60%15%

Valuation of JK Cement - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,8722,1472,8933,1293,7334,2524,6405,3536,0446,961
Share Capital 70707777777777777777
Reserves 1,8022,0772,8163,0523,6564,1744,5625,2765,9666,883
Debt +2,4502,1832,1162,4232,7872,8384,4804,7625,3585,575
Long Term Debt2,2822,0701,9562,2842,6722,4764,1014,1774,6004,662
Short Term Debt167114160139115363379585757914
Minority Interest0000000000
Trade Payables3786434074535506697537589491,029
Others Liabilities 1,1441,1041,6342,0222,4062,5832,9513,4104,0044,393
Total Liabilities 5,8436,0787,0518,0269,47610,34212,82314,28516,35517,958

Fixed Assets

Net Fixed Assets +3,6803,5973,6354,4684,8095,3687,3018,0828,48010,205
Gross Block4,8864,9515,1776,1806,7207,4959,80110,99711,89914,147
Accumulated Depreciation1,2061,3551,5411,7121,9112,1282,4992,9163,4193,942
CWIP 10588556509489715904151,3131,046
Investments 5366351,0055668071,7451,0161,4801,6981,758
Inventories4985325586276871,1148641,0681,0151,347
Trade Receivables148188202223316398411460672617
Cash Equivalents 4275444306311,1622838137911,322331
Others Assets 4494966651,0011,2081,3651,8291,9891,8552,654
Total Assets 5,8436,0787,0518,0269,47610,34212,82314,28516,35517,958

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 7127907111,0991,5691,0091,4021,8952,0281,839
PBT 3244404746529939647181,2121,2251,494
Adjustment 439398373571576561601780745833
Changes in Working Capital 955-3728196-30224654258-281
Tax Paid -60-102-98-153-196-213-162-152-200-206
Cash Flow From Investing Activity + -655-131-863-1,311-1,515-906-2,072-1,740-1,995-1,709
Capex -287-120-613-981-615-448-1,534-1,101-1,729-2,106
Net Investments -3176-208-278-819311-206-544-363539
Others -52-17-42-52-81-769-332-9596-142
Cash Flow From Financing Activity + -302-59820711-6-123811-297122-357
Net Proceeds from Shares 005040000000
Net Proceeds from Borrowing 28-235-41423244-11,2004355020
Interest Paid -269-241-218-224-221-247-278-420-433-398
Dividend Paid -28-56-70-135-0-116-116-116-154-116
Others -33-6532-52-292406196159138
Net Cash Flow -2466155-20148-19142-142154-227

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)11.8417.0112.8913.317.5715.811.3116.6214.9415.89
ROCE (%)13.515.214.2715.7119.2917.0911.916.4214.9315.33
Asset Turnover Ratio0.770.80.760.720.720.890.920.930.880.92
PAT to CFO Conversion(x)3.372.312.192.752.61.62.792.282.381.78
Working Capital Days
Receivable Days13.1012.9014.3014.2015.6014.8013.8012.6015.3015
Inventory Days38.6039.5039.9039.6037.9037.4033.8027.8028.2027.40
Payable Days184240.90228.80181.40173.70175.10168.10160.60162.50163.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

JK Cement Ltd FAQs

The current trading price of JK Cement on 02-Jul-2026 16:59 is ₹5,530.6.

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 01-Jul-2026 the market cap of JK Cement stood at ₹42,734 Cr

The latest P/E ratio of JK Cement as of 01-Jul-2026 is 41.36.

The latest P/B ratio of JK Cement as of 01-Jul-2026 is 6.14.

The 52-week high of JK Cement is ₹7,565 and the 52-week low is ₹4,670.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JK Cement is ₹12,945 ( Cr.) .

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

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

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

About JK Cement Ltd

JK Cement is one of India’s leading manufacturers of Grey Cement and one of the leading White Cement manufacturers in the World. Over a period of many years, the Company has partnered with India's multi-sectoral infrastructure needs on the strength of its product excellence, customer orientation, and technology leadership. JK Cement is also a leading global manufacturer of white cement. It has emerged as a global cement leader with a presence in many countries and operations across various Indian states and Union territories, driven by strategic expansion, customer focus, and an unwavering commitment to quality, innovation, and industry leadership.

At JK Cement, the company is dedicated to delivering high-performance construction materials that not only meet industry standards for quality and durability but also support a low-carbon, resource-efficient future. The company is transforming its product portfolio to meet growing market demand for green building materials and contribute meaningfully to the transition towards sustainable infrastructure.

Business area of the company

JK Cement is engaged in the manufacturing and selling of Cement and allied products. The company’s diverse portfolio is designed to minimise environmental impact while ensuring affordability, responsible sourcing, and customer satisfaction, reflecting its commitment to a greener, more sustainable future in cement.

The company’s product portfolio 

  • Grey cement: The company offers range of premium grey cements that balance performance, durability and sustainability. 
  • White cement: White Cement offer dual virtues of strength & aesthetics along with expanding creative horizon of Construction Industry.
  • Wall putty: Its active polymer tech putties ensure smooth, durable finishes and protect against moisture.
  • Gypsum plaster and grouts: JK Cement's premium gypsum plaster offers dazzling whiteness, crack resistance and silky-smooth finish while grouts offer unmatched finishing.
  • Paints: JK Maxx Paints offers a wide range of coatings for homes, including interior and exterior paints for housing, furniture, and hygiene applications.

Brands

  • JK Super Protect
  • JK Super Cement - PPC
  • JK Super Strong
  • JKMaxx Paints
  • JKC WallMaxX
  • JKC WhiteMaxX
  • JKC ShieldMaxX
  • JKC LevelMaxX
  • JKC LevelMaxX Plus
  • JKC GypsoMaxX
  • JKTYLO
  • JKC Wood Amore
  • JKPROFIX

Awards and Recognitions

Financial Year 2019-2020

  • JK Cement SwachhAbility Run bags CSR Campaign of the year and Build Safe (JK Super Cement) awarded the Best Social Media Campaign at Realty Awards in association with IGBC
  • JK Cement Ltd. honored with the title of 'India's Best Company of the year 2017
  • Golden Peacock Eco-Innovation Award
  • Gold at ACEF for SwachhAbility Run
  • Gold at ACEF for 'Bal Sabha at Diggi Mela'
  • Five Star Rating by IBM for Mangrol Mines
  • Brand Revitalization Award by GMEA
  • Best Place to Work in Cement Industry by IHRC
  • 2nd prize for 'Best Energy Efficiency Organization' by CII
  • Certificate of Excellence Gotan
  • Certificate of Excellence Nimbahera
  • Dr.Gaur HariSinghania Chairman, JK Cement Ltd being honoured with Lifetime Achievement Award by Justice Virendra Jain

Financial Year 2020-2021

  • Brand of the Year' in the 'Cement & Concrete' segment at Realty+ Interior and Exterior Awards 2020.
  • Prestigious Brands of Asia 2019 Award at Global Business Symposium, Malaysia.
  • The Prestigious Super brand Award for JK Wall Putty and JK White Cement.
  • 'Top Rankers Excellence Award for Marketing Leadership' by Top Rankers Management Club.
  • 9th Global Customer Engagement Awards for the JK Cement WallMaxX TVC.
  • JK Super Cement recognized by the Madhya Pradesh Police for 'Best initiative for Improved Road Safety'.
  • GERA Excellence Award 2019 (Global Entrepreneurship Recognition Award) for Innovative CSR Best Practices.
  • JK Super Cement conferred with 'Safety Campaign of the Year' and 'Long-term Rural Engagement Program of the Year' at ACEF Asian Leaders Awards 2019.
  • JK Cement awarded with the Best Growth Performance in the Cement category at Dun & Bradstreet Corporate Awards 2019.
  • 'Great Place to Work 2020' certification.
  • Top Challengers 2020 award by Construction World Magazine Awards 2020.
  • Platinum Award from Apex India Foundation for Excellence in Occupational Health & Safety.
Financial Year 2021-2022

  • JK Cement is proud to be certified A GREAT PLACE TO WORK For the 3rd consecutive year
  • JK Cement is honoured to be recognised as the FASTEST GROWING CEMENT COMPANY By the 5th Indian Cement Review Awards 2021
  • JK Cement Works, Muddapur achieved State Level 1 ‘UNNATHA SURAKSHA PURASKARA’ Award - 2021 for Excellence in Safety
  • JK Cement Works Mangrol wins GOLD AWARD FOR OCCUPATIONAL HEALTH AND SAFETY by apex India safety award 2021
Financial Year 2022-2023

  • JK Cement received ‘The Economic Times Future Ready Organisations 2022’ award in the Large-Scale Category the Large-Scale Category the LargeScale Category.
  • JK Cement, Balasinor Received Occupational Health & Safety Award in 2022
  • JK Cement Works, Aligarh Received National Award for Excellence in Energy Management 2022
Financial Year 2023-2024

  • GreenCo Silver Award by the CII Sohrabji Godrej Green Business Centre
  • National Award to Nimbahera plant for Excellence in Energy Management 2023
  • Excellent Energy Efficient Award and National Energy Leader at the 23rd National Award for Excellence in Energy Management
  • Energy conservation -Excellence award from CII
  • National Leader In energy efficiency for the fourth consecutive time at the 24th National Award for Excellence in Energy Management conducted by CII
Financial Year 2024-2025

  • CII national Award for Excellence in Energy Management 2024.
  • India's Fastest Growing Cement Company in the Large Category at 8th India Cement Review Award
  • Great Place to Work - 6th time in a row
  • Best Energy Efficient Award to Nimbahera plant form Ministry of Power (BEE)
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: