Jk Cement Limited (JKCEMENT)

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Jk Cement Limited (JKCEMENT) · mywealthgrid

About

JK Cement operates in cement and cement products, serving India's construction and infrastructure sectors with a market capitalization of ₹41,019 crore. The company generates quarterly revenues of ₹3,200–4,000 crore (standalone) with operating margins near 17%, positioning it as a large-scale player in the Materials sector.

Face value: ₹10

Market cap

₹38,279 Cr

P/E

40.5×

P/B

5.4×

Dividend yield

0.4%

ROE

15.1%

ROCE

14.3%

Debt / equity

0.86

OPM

17.3%

EPS (TTM)

₹122.4

Book value

₹910.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation pressure: PE of 43.38 is elevated; researcher should verify if growth assumptions justify the multiple
Earnings swings: Net profit ranges from ₹159 crore (Sep 2025) to ₹344 crore (Mar 2026) quarterly, indicating vulnerability to cyclical or operational shocks
Margin volatility: OPM fluctuates between 14.79% and 18.19% across recent quarters, suggesting sensitivity to raw material or fuel cost movements; verify current pricing trends
Stock underperformance: -22.97% 12-month return signals investor concern about growth or profitability outlook

Generated analysis · source review pending

Growth drivers

Sequential revenue increase from ₹3,019 crore (Sep 2025) to ₹4,031 crore (Jun 2026) shows upward momentum; researcher should verify year-on-year growth and identify seasonal patterns
Profitable scale-up: Mar 2026 net profit of ₹344 crore at 18.19% OPM demonstrates ability to grow earnings; verify if margin levels sustain across cycles
Cash generation capacity: Consistent annual dividend payouts (latest Jul 2026) indicate strong cash flow; assess dividend payout ratio and reinvestment plans
Operating stability potential: OPM metric of 17.3% sits within upper half of quarterly range (14.79%–18.19%); identify specific efficiency drivers to assess expansion

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹4,952.0+2.6%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 15.7% over the last 5 years

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

46/100

Business quality: 39
Growth: 58
Valuation: 42

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MIDCAP 150 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Ambuja Cements LimitedAMBUJACEMAMBUJACEM	₹90,012 Cr	₹90,065 Cr	₹39,867 Cr	₹6,167 Cr	16.1%	₹4,377 Cr	13.9%	5.3%	8.4%	37
Shree Cement LimitedSHREECEMSHREECEM	₹79,059 Cr	₹80,653 Cr	₹21,896 Cr	₹4,577 Cr	22.1%	₹1,630 Cr	8.4%	10.6%	7.8%	227
Jk Cement LimitedJKCEMENTJKCEMENT	₹38,279 Cr	₹44,353 Cr	₹14,401 Cr	₹2,334 Cr	17.3%	₹946 Cr	7.2%	14.3%	15.1%	71
Dalmia Bharat LimitedDALBHARATDALBHARAT	₹31,556 Cr	₹38,308 Cr	₹15,058 Cr	₹3,005 Cr	20.8%	₹409 Cr	7.8%	7.4%	6.4%	5
Acc LimitedACCACC	₹22,213 Cr	₹22,213 Cr	₹25,369 Cr	₹2,629 Cr	11.4%	₹1,909 Cr	8.2%	10.8%	10.9%	32
The Ramco Cements LimitedRAMCOCEMRAMCOCEM	₹19,633 Cr	₹23,485 Cr	₹9,228 Cr	₹1,345 Cr	15.9%	₹645 Cr	7.7%	6.1%	9%	-0
Jsw Cement LimitedJSWCEMENTJSWCEMENT	₹15,216 Cr	₹19,297 Cr	₹6,849 Cr	₹1,216 Cr	19%	₹760 Cr	-12.3%	10.1%	-11.5%	-140
Nuvoco Vistas Corporation LimitedNUVOCONUVOCO	₹11,505 Cr	₹16,046 Cr	₹11,594 Cr	₹1,907 Cr	16.4%	₹386 Cr	3.2%	7.1%	3.7%	-130
The India Cements LimitedINDIACEMINDIACEM	₹9,147 Cr	₹10,452 Cr	₹4,479 Cr	₹469 Cr	8.8%	₹92 Cr	-1.5%	1.5%	-0.7%	-28
Star Cement LimitedSTARCEMENTSTARCEMENT	₹7,211 Cr	₹7,797 Cr	₹3,807 Cr	₹902 Cr	24.8%	₹370 Cr	10.3%	17%	13%	177
Birla Corporation LimitedBIRLACORPNBIRLACORPN	₹6,383 Cr	₹9,658 Cr	₹9,848 Cr	₹1,450 Cr	15.1%	₹554 Cr	5.8%	8.8%	7.8%	63
Jk Lakshmi Cement LimitedJKLAKSHMIJKLAKSHMI	₹5,915 Cr	₹8,406 Cr	₹6,926 Cr	₹958 Cr	15%	₹370 Cr	6.1%	12.1%	11.2%	57

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5,802	6,606	7,991	9,720	11,556	11,879	13,722
COGS	871	1,071	1,288	1,593	1,835	2,018	2,238
Gross profit	4,931	5,535	6,703	8,127	9,721	9,862	11,485
	3,717	3,997	5,221	6,813	7,662	7,834	9,110
	1,213	1,539	1,482	1,314	2,060	2,027	2,374
OPM %	20.9%	23.3%	18.6%	13.5%	17.8%	17.1%	17.3%
Depreciation	288	306	342	458	573	601	653
Interest	276	253	270	312	453	459	424
	85	113	143	87	140	276	147
Profit before tax	734	1,093	1,027	631	1,174	1,242	1,444
Tax	251	390	348	212	384	370	456
Tax %	34.2%	35.7%	33.9%	33.6%	32.7%	29.8%	31.6%
	483	703	679	419	790	872	988
PAT margin %	8.3%	10.6%	8.5%	4.3%	6.8%	7.3%	7.2%
EPS (₹)	62.6	91	87.9	55.2	102.4	111.4	128.4
EPS adjusted (₹)	—	91.9	88.9	55.2	102.4	111.4	128.4
	12%	16.5%	17.1%	27.2%	19.5%	13.5%	15.6%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	77	77	77	77	77	77
Reserves	3,659	4,248	4,609	5,290	6,012	6,960
Minority interest	—	—	—	—	—	53
	3,142	3,855	4,995	5,239	5,896	6,074
	2,993	3,223	3,603	4,196	4,697	5,336
Total equity & liabilities	9,872	11,403	13,285	14,802	16,682	18,500
	5,555	6,138	8,037	8,986	9,519	11,236
CWIP	509	1,032	592	464	1,317	1,053
Investments	142	216	92	368	601	447
	3,665	4,017	4,563	4,984	5,244	5,764
Total assets	9,872	11,403	13,285	14,802	16,682	18,500

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	85%	83.8%	83.9%	83.6%	84.1%	83%	83.7%
EBITDA margin %	20.9%	23.3%	18.6%	13.5%	17.8%	17.1%	17.3%
EBIT margin %	16%	18.7%	14.3%	8.8%	12.9%	12%	12.5%
PAT margin %	8.3%	10.6%	8.5%	4.3%	6.8%	7.3%	7.2%
Working capital
Receivable days	—	20	19	18	18	24	20
Inventory days	—	258	343	225	235	213	249
Payable days	—	204	203	188	185	199	198
NWC days	—	73	159	55	68	38	71
Leverage
Current ratio	—	1.63	1.32	1.27	1.3	1.28	0.93
Debt to EBITDA	—	2.04	2.6	3.8	2.54	2.91	2.56
Debt to equity	—	0.84	0.89	1.07	0.98	0.97	0.86
Interest coverage	3.7	5.3	4.8	3	3.6	3.5	4.5
Asset turnover	—	0.67	0.7	0.73	0.78	0.71	0.74
Return ratios
Return on assets %	—	7.1%	6%	3.2%	5.3%	5.2%	5.3%
Return on capital employed %	—	17%	15.4%	9.9%	15%	13.2%	14.3%
Return on equity %	—	18.8%	15.7%	8.9%	14.7%	14.3%	14%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	45.8%	45.7%	45.7%	45.7%	45.68%	45.68%	45.68%	45.66%	45.66%	45.66%	45.66%	45.66%
	14.4%	15.26%	15.93%	17.71%	17.56%	16.88%	16.14%	17.56%	18.58%	17.89%	16.86%	16.86%
	24.26%	24.03%	23.38%	22.07%	22.43%	23.71%	24.5%	23.06%	21.74%	22.5%	23.75%	23.73%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	15.54%	15.01%	14.99%	14.52%	14.33%	13.73%	13.68%	13.72%	14.02%	13.95%	13.73%	13.75%
No. of shareholders	—	—	—	—	—	—	—	—	88,767	83,050	82,016	80,353

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 16 fund houses

Held by these funds

9.59%

of the company's equity

All mutual funds

21.17%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

68 schemes · 16 fund houses

		Shares
Portfolio of Kotak Mid Cap FundNEW	Kotak Mahindra Mutual Fund	14.32 L	734.85	1.03%	1.852%	—
Midcap Fund	Axis Mutual Fund	8.79 L	451.13	1.27%	1.137%	-8,720
Mid Cap Fund	DSP Mutual Fund	7.19 L	369.27	1.76%	0.931%	-0
Portfolio of Kotak Large & Mid Cap FundNEW	Kotak Mahindra Mutual Fund	6 L	307.98	0.95%	0.776%	—
Midcap Fund	SBI Mutual Fund	5 L	256.65	1.05%	0.647%	-0
Multi Cap FundNEW	Nippon India Mutual Fund	4.48 L	229.77	0.41%	0.579%	—
Large and Midcap Fund	SBI Mutual Fund	3.8 L	195.05	0.46%	0.492%	-0
Portfolio of Kotak Small Cap Fund	Kotak Mahindra Mutual Fund	3.12 L	160.29	0.81%	0.404%	-0

1–8 of 68

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Investor Presentation and earnings call

Jul 2026Transcript AI Summary PPT REC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

117 announcementsExport CSV

29 Sept 2026, 10:30 amInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

28 Aug 2026, 3:21 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

14 Aug 2026, 6:41 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

31 Jul 2026, 5:14 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

31 Jul 2026, 5:13 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

29 Jul 2026, 8:45 pmCompany Update

Announcement under Regulation 30 (LODR)-Acquisition

Acquisition PDF

29 Jul 2026, 8:36 pmCompany Update

Proposed To Make A Further Investment In Equity Shares Of Mehrauni Electro Power Private Limited

General PDF

28 Jul 2026, 3:47 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

Date	Category	Subject	Filing
29 Sept 2026, 10:30 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 Aug 2026, 3:21 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	85%	83.8%	83.9%	83.6%	84.1%	83%	83.7%
EBITDA margin %	20.9%	23.3%	18.6%	13.5%	17.8%	17.1%	17.3%
EBIT margin %	16%	18.7%	14.3%	8.8%	12.9%	12%	12.5%
PAT margin %	8.3%	10.6%	8.5%	4.3%	6.8%	7.3%	7.2%
Working capital
Receivable days	—	20	19	18	18	24	20
Inventory days	—	258	343	225	235	213	249
Payable days	—	204	203	188	185	199	198
NWC days	—	73	159	55	68	38	71
Leverage
Current ratio	—	1.63	1.32	1.27	1.3	1.28	0.93
Debt to EBITDA	—	2.04	2.6	3.8	2.54	2.91	2.56
Debt to equity	—	0.84	0.89	1.07	0.98	0.97	0.86
Interest coverage	3.7	5.3	4.8	3	3.6	3.5	4.5
Asset turnover	—	0.67	0.7	0.73	0.78	0.71	0.74
Return ratios
Return on assets %	—	7.1%	6%	3.2%	5.3%	5.2%	5.3%
Return on capital employed %	—	17%	15.4%	9.9%	15%	13.2%	14.3%
Return on equity %	—	18.8%	15.7%	8.9%	14.7%	14.3%	14%

26 deals · 14 Sept 2021 – 16 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
16 Oct 2025	GOLDMAN SACHS BANK EUROPESE - ODI	Block	NSE	Buy	22,666	₹6,590.00	₹14.94 Cr
16 Oct 2025	GOLDMAN SACHS (SINGAPORE) PTE.- ODI	Block	NSE	Sell	22,666	₹6,590.00	₹14.94 Cr
25 Jan 2024	SOCIETE GENERALE	Block	BSE	Buy	35,538	₹4,138.00	₹14.71 Cr
25 Jan 2024	BNP PARIBAS ARBITRAGE	Block	BSE	Sell	35,538	₹4,138.00	₹14.71 Cr
25 Oct 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	BSE	Sell	90,339	₹2,680.50	₹24.22 Cr
25 Oct 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	BSE	Buy	90,339	₹2,680.50	₹24.22 Cr
25 Oct 2022	ISHARES MSCI INDIA SMALL-CAP ETF	Block	BSE	Buy	13,929	₹2,680.50	₹3.73 Cr
25 Oct 2022	ISHARES INDIA SC MAURITIUS COMPANY	Block	BSE	Sell	13,929	₹2,680.50	₹3.73 Cr
17 Oct 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	BSE	Buy	90,251	₹2,479.15	₹22.37 Cr
17 Oct 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	BSE	Sell	90,251	₹2,479.15	₹22.37 Cr

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,590	878	1,377	1,959	1,939	1,873
	-1,344	-996	-2,015	-1,636	-1,910	-1,745
	-137	62	741	-416	74	-384
Net cash flow	109	-56	104	-92	104	-257
Free cash flow	822	-675	-501	776	220	-543
CFO / Operating profit %	103.4%	59.3%	104.8%	95.1%	95.7%	78.9%

Jk Cement Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Announcements

Not in the F&O segment

22

1

Announcements

Annual reports

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Jk Cement Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Dividends22

Board meetings1

Bulk & block deals

Board and management

Announcements

Annual reports

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

22

1