Jk Lakshmi Cement Limited (JKLAKSHMI)

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Jk Lakshmi Cement Limited (JKLAKSHMI) · mywealthgrid

About

JK Lakshmi Cement manufactures cement and cement products in India's Materials sector. With market cap ₹6,813.71 Crores and quarterly revenues around ₹1,900 Crores, it is a mid-sized player with 14-15% operating margins supporting consistent dividend payments. It trades at PE 18.42.

Face value: ₹5

Market cap

₹5,915 Cr

P/E

16.0×

P/B

1.5×

Dividend yield

1.4%

ROE

11.2%

ROCE

12.1%

Debt / equity

0.64

OPM

15%

EPS (TTM)

₹29.8

Book value

₹312.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Stock down 40.18% in 1 year and at 52-week low (₹549 vs ₹961 high); verify if sector-wide cycle or company-specific weakness.
OPM fell from 15.05% (Mar 2026) to 13.58% (Jun 2026) despite 20% revenue growth; verify feedstock costs and pricing power.
FII holdings dropped from 11.96% (Mar) to 8.64% (Jun); verify reason for reduced foreign investor confidence.
ROE 11.2% is modest for industrial sectors; D/E 0.64 limits balance-sheet flexibility; verify capital efficiency and debt-service resilience.

Generated analysis · source review pending

Growth drivers

Revenue rose 20% (₹1,588.4 Cr to ₹1,904.78 Cr Dec–Jun) with net profit up 87%, indicating operating leverage if fixed costs stable; verify cost structure.
OPM recovered from 12.92% (Dec 2025) to 15.05% (Mar 2026), showing potential for margin expansion; verify if cycle-driven or structural.
Profit grew 87% on 20% revenue growth, suggesting production efficiency at current capacity; verify if capital or volume constraints limit scale.
Regular dividend payments (recent 2026-07-17 with 2026, 2025, 2024, 2023 history) indicate cash generation; verify payout policy sustainability.

Generated analysis · source review pending

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

₹476.6-2.8%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Modest revenue growth of 7.4% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 34
Growth: 18
Valuation: 81

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.

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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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,955	3,289	3,860	4,316	4,364	4,727	5,420	6,452	6,788	6,193	6,763
COGS	701	733	866	870	780	994	1,069	1,304	1,451	1,235	1,276
Gross profit	2,254	2,555	2,994	3,446	3,584	3,733	4,350	5,147	5,338	4,958	5,486
	1,980	2,186	2,562	2,993	2,786	2,795	3,400	4,308	4,286	4,094	4,486
	273	370	432	454	798	939	951	839	1,052	864	1,000
OPM %	9.2%	11.2%	11.2%	10.5%	18.3%	19.9%	17.5%	13%	15.5%	14%	14.8%
Depreciation	166	175	207	211	220	225	223	228	246	299	324
Interest	222	244	264	253	225	192	142	133	150	181	211
	81	125	69	59	16	35	41	58	77	46	93
Profit before tax	-51	79	32	49	369	556	626	534	732	430	559
Tax	-55	-8	-11	8	116	135	149	165	245	128	146
Tax %	-108.4%	-9.8%	-33.5%	16.8%	31.5%	24.3%	23.8%	30.9%	33.4%	29.7%	26.1%
	4	87	43	41	253	421	478	369	488	302	413
PAT margin %	0.1%	2.7%	1.1%	0.9%	5.8%	8.9%	8.8%	5.7%	7.2%	4.9%	6.1%
EPS (₹)	—	—	—	4.4	21.1	34.5	39.4	30.5	40.1	25.4	33.2
EPS adjusted (₹)	0.1	7.3	4.7	4.4	21.1	34.4	39.4	30.5	40.1	25.4	33.2
	—	—	—	17.2%	11.9%	10.9%	12.7%	12.3%	16.2%	25.6%	19.6%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	59	59	59	59	59	59	59	59	59	59	62
Reserves	1,289	1,342	1,385	1,426	1,628	2,036	2,446	2,745	3,128	3,412	3,824
Minority interest	—	—	—	—	—	13	27	37	170	184	—
	1,721	2,483	2,267	1,728	1,469	1,653	1,857	1,846	2,025	2,527	2,491
	1,063	1,248	1,390	1,853	2,007	1,526	1,538	1,854	2,268	2,297	2,171
Total equity & liabilities	4,132	5,132	5,101	5,066	5,163	5,286	5,926	6,541	7,650	8,479	8,548
	2,707	3,555	3,627	3,450	3,585	3,311	3,420	3,412	5,033	5,508	5,239
CWIP	455	307	226	417	166	274	243	890	383	278	277
Investments	293	522	463	378	458	592	768	642	522	751	868
	677	747	785	821	954	1,109	1,496	1,597	1,712	1,942	2,164
Total assets	4,132	5,132	5,101	5,066	5,163	5,286	5,926	6,541	7,650	8,479	8,548

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	79.8%	82.1%	79%	80.3%	79.8%	78.6%	80.1%	81.1%
EBITDA margin %	10.5%	18.3%	19.9%	17.5%	13%	15.5%	14%	15%
EBIT margin %	5.6%	13.2%	15.1%	13.4%	9.5%	11.9%	9.1%	10.2%
PAT margin %	0.9%	5.8%	8.9%	8.8%	5.7%	7.2%	4.9%	6.1%
Working capital
Receivable days	9	8	4	2	4	2	6	6
Inventory days	148	225	134	198	236	249	256	184
Payable days	229	239	154	125	164	140	134	133
NWC days	-71	-6	-15	76	75	112	128	57
Leverage
Current ratio	0.65	0.74	1	1.14	1.17	0.9	0.95	1.29
Debt to EBITDA	3.81	1.84	1.76	1.95	2.2	1.92	2.92	2.47
Debt to equity	1.16	0.87	0.79	0.74	0.66	0.64	0.73	0.64
Interest coverage	1.2	2.8	4.1	5.6	5	5.8	3.4	3.8
Asset turnover	0.85	0.85	0.89	0.91	0.99	0.89	0.73	0.79
Return ratios
Return on assets %	0.8%	4.9%	8%	8.1%	5.6%	6.4%	3.6%	4.8%
Return on capital employed %	8.4%	17.9%	21.6%	19.8%	14.7%	16.6%	10.1%	12.1%
Return on equity %	2.7%	15%	20.1%	19.1%	13.2%	15.3%	8.7%	10.6%

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
	46.31%	46.31%	46.34%	46.34%	46.34%	46.34%	46.34%	46.34%	45.12%	45.12%	45.12%	45.12%
	10.53%	10.83%	11.29%	11.34%	11.53%	11.94%	12.05%	12.81%	12.55%	12.36%	11.96%	8.64%
	27.63%	27.57%	25.84%	25.35%	24.96%	25.24%	25.25%	25.12%	22.83%	23.17%	23%	26.58%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	15.53%	15.29%	16.53%	16.97%	17.17%	16.48%	16.36%	15.73%	19.5%	19.35%	19.92%	19.66%
No. of shareholders	—	—	—	—	—	—	—	—	1,75,864	1,69,308	1,67,247	1,65,372

Promoter holding down 1.19 percentage points since Sep 2023.

9 deals · 23 Aug 2021 – 27 May 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
27 May 2026	DWARKESH ENERGY LIMITED	Block	NSE	Sell	8,68,920	₹615.00	₹53.44 Cr
27 May 2026	BENGAL & ASSAM COMPANY LIMITED	Block	NSE	Buy	8,68,920	₹615.00	₹53.44 Cr
27 May 2026	DWARKESH ENERGY LIMITED	Bulk	NSE	Sell	8,68,920	₹615.00	₹53.44 Cr
27 May 2026	BENGAL & ASSAM COMPANY LIMITED	Bulk	NSE	Buy	8,68,920	₹615.00	₹53.44 Cr
3 Oct 2024	HDFC MUTUAL FUND	Bulk	BSE	Buy	8,44,000	₹785.00	₹66.25 Cr
23 Aug 2021	GOLDMAN SACHS INDIA FUND LIMITED	Block	BSE	Sell	12,77,969	₹696.50	₹89.01 Cr
23 Aug 2021	GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO	Block	BSE	Buy	12,77,969	₹696.50	₹89.01 Cr
23 Aug 2021	GOLDMAN SACHS INDIA FUND LIMITED	Bulk	BSE	Sell	12,77,969	₹696.50	₹89.01 Cr
23 Aug 2021	GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO	Bulk	BSE	Buy	12,77,969	₹696.50	₹89.01 Cr

1–9 of 9

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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.

Mrs. Vinita SinghaniaExecutive Director-Chairperson related to Promoter-CEO-MD
Mr. Raghupati SinghaniaNon-Executive - Non Independent Director
Mr. Shrivats SinghaniaExecutive Director-MD
Mrs. Bhaswati MukherjeeNon-Executive - Independent Director
Mr. Sadhu Ram BansalNon-Executive - Independent Director
Mrs. Shwetambara Shardul Shroff ChopraNon-Executive - Independent Director
Mr. Arun Kumar ShuklaExecutive Director
Mr. Vimal BhandariNon-Executive - Independent Director
Mr. S A BidkarChief Financial Officer
Mr. Amit ChaurasiaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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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 7 fund houses

Held by these funds

11.13%

of the company's equity

All mutual funds

23.32%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

15 schemes · 7 fund houses

		Shares
Value Fund	ICICI Prudential Mutual Fund	52.51 L	278.78	0.46%	4.231%	-0
Small Cap Fund	Axis Mutual Fund	43.01 L	228.33	0.73%	3.466%	-0
Small Cap FundNEW	ICICI Prudential Mutual Fund	13.96 L	74.13	0.75%	1.125%	—
SMALL CAP FUND	Nippon India Mutual Fund	10.63 L	56.44	0.07%	0.857%	-0
Franklin India Small Cap Fund (Formerly known as Franklin India Smaller Companies Fund) ^	Franklin Templeton Mutual Fund	7.29 L	38.68	0.26%	0.587%	-7.61 L
Rural Opportunities Fund	ICICI Prudential Mutual Fund	3.09 L	16.4	0.8%	0.249%	-0
Templeton India Value Fund	Franklin Templeton Mutual Fund	2.2 L	11.69	0.61%	0.177%	-0
Small Cap Fund	Bajaj Finserv Mutual Fund	2.19 L	11.64	0.44%	0.177%	-0

1–8 of 15

1 / 2

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Documents

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

Announcements

Annual reports

Investor Presentation and earnings call

Aug 2026Transcript AI SummaryPPTREC
May 2026Transcript AI SummaryPPTREC

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

98 announcementsExport CSV

8 Sept 2026, 12:12 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Aug 2026, 5:19 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Analyst / Investor Meet PDF

31 Jul 2026, 4:44 pmCompany Update

Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

30 Jul 2026, 8:30 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Jul 2026, 6:48 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

30 Jul 2026, 8:37 amCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

27 Jul 2026, 6:52 pmCompany Update

Board Meeting Intimation for Consider And Approve The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The 1St Quarter Ended 30Th June 2026.

Board Meeting Rescheduled PDF

24 Jul 2026, 7:35 pmCompany Update

Company'S Clarification / Representation To The Proxy Advisory Report Issued By Stakeholders Empowerment Services (SES)

General PDF

Date	Category	Subject	Filing
8 Sept 2026, 12:12 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Aug 2026, 5:19 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	79.8%	82.1%	79%	80.3%	79.8%	78.6%	80.1%	81.1%
EBITDA margin %	10.5%	18.3%	19.9%	17.5%	13%	15.5%	14%	15%
EBIT margin %	5.6%	13.2%	15.1%	13.4%	9.5%	11.9%	9.1%	10.2%
PAT margin %	0.9%	5.8%	8.9%	8.8%	5.7%	7.2%	4.9%	6.1%
Working capital
Receivable days	9	8	4	2	4	2	6	6
Inventory days	148	225	134	198	236	249	256	184
Payable days	229	239	154	125	164	140	134	133
NWC days	-71	-6	-15	76	75	112	128	57
Leverage
Current ratio	0.65	0.74	1	1.14	1.17	0.9	0.95	1.29
Debt to EBITDA	3.81	1.84	1.76	1.95	2.2	1.92	2.92	2.47
Debt to equity	1.16	0.87	0.79	0.74	0.66	0.64	0.73	0.64
Interest coverage	1.2	2.8	4.1	5.6	5	5.8	3.4	3.8
Asset turnover	0.85	0.85	0.89	0.91	0.99	0.89	0.73	0.79
Return ratios
Return on assets %	0.8%	4.9%	8%	8.1%	5.6%	6.4%	3.6%	4.8%
Return on capital employed %	8.4%	17.9%	21.6%	19.8%	14.7%	16.6%	10.1%	12.1%
Return on equity %	2.7%	15%	20.1%	19.1%	13.2%	15.3%	8.7%	10.6%

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

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	267	396	493	760	650	1,032	680	634	899	783	1,082
	-286	-600	-70	-77	-187	-436	-665	-299	-880	-1,151	-738
	33	181	-421	-676	-450	-551	11	-266	-35	318	-354
Net cash flow	—	—	—	7	13	45	26	69	-16	-51	-10
Free cash flow	-132	-84	318	549	545	741	305	-103	-112	122	374
CFO / Operating profit %	97.7%	107.2%	114.2%	167.6%	81.4%	109.9%	71.5%	75.6%	85.5%	90.5%	107.1%

Jk Lakshmi 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

Announcements

Annual reports

Investor Presentation and earnings call

23

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Compounded sales growth

Compounded profit growth

Return on equity

Jk Lakshmi 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

Bulk & block deals

Board and management

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

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Investor Presentation and earnings call

Dividends23

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

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