Name: Latest research reports of JK Lakshmi Cement Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: JK Lakshmi Cement Ltd.
Rating: 5
Author: Motilal Oswal

Lower costs drive beat; capacity expansion on track

Buy: JK Lakshmi Cement Ltd.

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Motilal Oswal

JKLC’s 4QFY24 operating performance was above our estimates, with
consolidated EBITDA at INR3.4b (up 45% YoY; 14% above our estimate).
EBITDA/t increased 43% YoY to INR1,032 (est. INR852). OPM was up 6.4pp
YoY to ~19%. Adj. PAT grew 43% YoY to INR1.6b (est. INR1.4b).