NSE: JKCEMENT | BSE: 532644

Mid-range Performer

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6426.00 -44.00 (-0.68%)

65.13% Gain from 52W Low

22,772 NSE+BSE Volume

NSE 08 Oct, 2025 12:40 PM (IST)

49,652.6

Market Cap

High in industry

0.8

Beta 1Year

Very Low volatility

JK Cement Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JKCEMENT, BSE:532644 JK Cement Ltd.

JK Cement Ltd.

18 Aug 2021

6426.00

-0.68%

Result Update:J K Cements

Hold: JK Cement Ltd.

Recommendation Target

Axis Direct

The stock is currently trading at 15x/13x FY22E/FY23EEV/EBITDA which we believe is fairly valued. We value JKCL at 13x FY23E EV/EBITDA to arrive at a TP of Rs 3,100 and change our rating from BUY to HOLD.

Number of FII/FPI investors increased from 260 to 345 in Jun 2025 qtr.

JK Cement Ltd.

15 Aug 2021

6426.00

-0.68%

Market share gains to drive earnings

Buy: JK Cement Ltd.

Target

Motilal Oswal

J K Cement (JKCE) continues to gain market share, with volumes up 71% YoY in 1QFY22, led by a ~40% capacity expansion. We expect this to continue over the next 45 years as the company is now setting up a 4mtpa greenfield plant (commissioning by 1QFY24) in Central India. This plant should improve the regional mix for North and Central India to ~85%. We keep our estimates broadly unchanged and reiterate Buy on a 21% EPS CAGR over FY2123E, driven by a 12% volume CAGR. Higher grey cement realization drives 21% beat on EBITDA...

JK Cement Ltd. has an average target of 6459.50 from 9 brokers.

JK Cement Ltd.

15 Jun 2021

6426.00

-0.68%

EARNINGS UPDATE-JK CEMENT 4QFY21

Buy: JK Cement Ltd.

Target

Chola Wealth Direct

Background: JK Cements is one of the largest cement players in North India. It manufactures grey cement, white cement and white cement-based wall putty. Currently the grey cement capacity is 10.5MTPA. Domestic white cement capacity is 0.6MTPA (second only to UltraTech). The com pany also manufacturers putty and has an installed capacity of 0.7MTPA. The company also has plants in Fujairah (UAE) with an installed capacity of 0.6MTPA (white cement) and 1.02MTPA (grey cement) in a 90:10 JV with the Government of Fujairah. It has also expanded its grey cement capacity by 3 MTPA through two split grinding units (1.5 MTPA...

JK Cement Ltd. is trading above its 200 day SMA of 5554.4

JK Cement Ltd.

15 Jun 2021

6426.00

-0.68%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

The stock is currently trading at 13.8x/11.8x FY22E/23E EV/EBITDA. We value JKCL at 13x FY23E EV/EBITDA to arrive at a TP of Rs3130, implying an upside of 11% from CMP.

JK Cement Ltd. is trading above its 200 day SMA of 5554.4

JK Cement Ltd.

15 Jun 2021

6426.00

-0.68%

JK Cement

Hold: JK Cement Ltd.

Recommendation Target

ICICI Securities Limited

Completion of phase-I expansion to fuel growth in FY22E The entire 4.2 MT has been commissioned this fiscal. The newly added capacities include 1 MT grinding unit (GU) each in Nimbahara and Mangrol along with 2.6 MT clinker plant and 1.5 MT GU in Aligarh and 0.7 MT GU in Gujarat (Balasinor). Hence, despite the challenging environment, the company has been able to post 19% growth in volumes. Going forward also,...

JK Cement Ltd. has gained 33.90% in the last 6 Months

JK Cement Ltd.

14 Jun 2021

6426.00

-0.68%

Market share gains to drive earnings

Buy: JK Cement Ltd.

Target

Motilal Oswal

JKCE continues to gain market share, with volumes up 46% YoY in 4QFY21, led by ~40% capacity expansion. We expect this to continue over the next 4-5 years as it is now setting up a greenfield 4mtpa plant (commissioning by 1QFY24) in Central India. This plant should improve the regional mix to ~85% in North and Central India. We keep our estimates broadly unchanged and reiterate Buy on a 16% EPS CAGR over FY21-23E, driven by a 12% volume CAGR....

JK Cement Ltd. has an average target of 6459.50 from 9 brokers.

JK Cement Ltd.

12 Feb 2021

6426.00

-0.68%

EARNINGS UPDATE-JK CEMENT 3QFY21

Buy: JK Cement Ltd.

Chola Wealth Direct

JK Cement Ltd. has an average target of 6459.50 from 9 brokers.

JK Cement Ltd.

10 Feb 2021

6426.00

-0.68%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

We roll over our estimate to FY23 and value JKCL at 11x FY23E EV/EBITDA to arrive at TP of Rs.2520, an upside of 11% from the current level.

JK Cement Ltd. is trading above its 200 day SMA of 5554.4

JK Cement Ltd.

10 Feb 2021

6426.00

-0.68%

JK Cement

Buy: JK Cement Ltd.

Recommendation Target

ICICI Securities Limited

Completion of phase-I expansion to fuel growth The entire 4.2 MT has been commissioned this fiscal. The newly added capacities include 1 MT grinding unit (GU) each in Nimbahara and Mangrol along with 2.6 MT clinker plant and 1.5 MT GU in Aligarh and 0.7 MT GU in Gujarat (Balasinor). Hence, despite a challenging FY21E, the company is likely to report volume growth of 14% to 11.1MT. For FY20-23E, we expect volume and revenue CAGR of 12.1% and 12.5%, respectively. Phase-II expansion in MP to add another 4 MT capacity...