JK Lakshmi Cement Ltd Stock Analysis

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

BSE Share Price 29-Nov-2022 18:01
686.40 10.35 (1.53%)

DeciZen - Make an Informed Decision on JK Lakshmi Cement

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

JK Lakshmi Cement Price Chart

P/E Ratio (SA) :
20.35
Market Cap :
7,955.1 Cr.
52-wk low :
368.7
52-wk high :
690
Bole Toh?

1. Is JK Lakshmi Cement Ltd a good quality company?

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

2. Is JK Lakshmi Cement Ltd 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.

3. Is JK Lakshmi Cement Ltd a good buy now?

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

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
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 Lakshmi 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

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.2%5.1%6.1%3.6%5.3%5.5%5.7%11.1%14.4%14.9%-
Value Creation Index -0.4-0.6-0.6-0.7-0.6-0.6-0.6-0.20.00.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,0552,0572,3072,6202,9103,4123,8824,0444,3855,0415,545
YoY Gr. Rt. %-0.1%12.2%13.6%11.1%17.2%13.8%4.2%8.4%15%-
Adj EPS 13.97.410.6-1.83.94.74.82030.736.133.2
YoY Gr. Rt. %--47%43.5%-116.8%NA19.8%3.4%315.4%53.2%17.6%-
BVPS (₹) 104109.5113.1110.4117.1123.2129.2145.4176.5208.2216.9
Adj Net Profit 16486.6124-20.845.854.956.7236361424391
Cash Flow from Ops. 332355352298363456689541862540-
Debt/CF from Ops. 44.65.46.464.42.32.71.31.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.5%11.6%9.1%15%
Adj EPS 11.2%56.1%95.6%17.6%
BVPS 812.217.218
Share Price 17.6% 11% 33.2% 5.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 13.46.89.4-1.63.43.93.814.61918.715.6
Op. Profit Mgn % 20.914.715.210.412.712.110.716.61815.914
Net Profit Mgn % 84.25.4-0.81.61.61.55.88.28.47.1
Debt to Equity 1.11.31.41.51.61.41.10.90.50.40.3
Working Cap Days 97969787736860646050128
Cash Conv. Cycle 111987-3-9-5432

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 95.58%

Debt to equity has declined versus last 3 years average to 0.39

Sales growth is good in last 4 quarters at 13.94%

Return on Equity has declined versus last 3 years average to 15.60%

Sales growth has been subdued in last 3 years 9.09%

Latest Financials - JK Lakshmi Cement Ltd.

Standalone Consolidated
TTM EPS (₹) 33.2 35.7
TTM Sales (₹ Cr.) 5,545 5,913
BVPS (₹.) 216.9 222.5
Reserves (₹ Cr.) 2,496 2,561
P/BV 3.12 3.04
PE 20.35 18.95
From the Market
52 Week Low / High (₹) 368.65 / 690.00
All Time Low / High (₹) 3.77 / 1138.75
Market Cap (₹ Cr.) 7,955
Equity (₹ Cr.) 58.8
Face Value (₹) 5
Industry PE 41.2

Management X-Ray of JK Lakshmi Cement :

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 (%)

Event Update

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Analyst's Notes

Key Ratios of JK Lakshmi Cement

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

JK Lakshmi Cement Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JK Lakshmi Cement on 29-Nov-2022 18:01 is : 686.4.
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 29-Nov-2022 18:01 the market cap of JK Lakshmi Cement stood at ₹ 7,955.1.
The latest PE ratio of JK Lakshmi Cement as of 29-Nov-2022 18:01 is 20.35.
The latest PB ratio of JK Lakshmi Cement as of 29-Nov-2022 18:01 is 3.12
The 52-week high of JK Lakshmi Cement is ₹ 690.0 and the 52-week low is ₹ 368.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of JK Lakshmi Cement is ₹ 5,545 ( 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.
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