NSE: JKCEMENT | BSE: 532644

Mid-range Performer

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6649.50 68.50 (1.04%)

70.87% Gain from 52W Low

24,122 NSE+BSE Volume

NSE 10 Oct, 2025 10:32 AM (IST)

51,379.6

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.

21 Dec 2020

6649.50

1.04%

A leading cement manufacturer in the country, JK Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate JK Organization, which was founded by Lala Kamlapat Singhania. We recommend buy with a target price of Rs. 2,150 valuing company at 10.5x FY22E EV/EBITDA.

JK Cement Ltd. is trading below its 50 day SMA of 6767.9

JK Cement Ltd.

17 Nov 2020

6649.50

1.04%

J. K. Cement

Buy: JK Cement Ltd.

Recommendation Target

Dolat Capital

JKCE's revenue was in line and EBITDA, EBITDA/tn and PAT was above estimates. Volumes and realization were in line and cost lower than estimates. This is the highest ever quarterly revenue, EBITDA, EBITDA/tn and PAT for the company. JKCE posted strong set of numbers with 23.6%/ 61.7%/ 105.5% YoY growth in revenue/ EBITDA/ PAT to Rs15.5 bn/ Rs4.1 bn/ Rs2.2 bn in Q2FY21 led by 25.5% YoY growth in blended volume, partially offset by...

JK Cement Ltd. is trading below its 50 day SMA of 6767.9

JK Cement Ltd.

13 Nov 2020

6649.50

1.04%

Axis Alpha: J K Cement Ltd - (BUY)

Buy: JK Cement Ltd.

Target

Axis Direct

We recommend a BUY on JK Cement Ltd with a Target Price of Rs.1990, and upside of 7% from CMP of Rs. 1863 and Stop Loss of Rs.1800.

JK Cement Ltd. is trading below its 50 day SMA of 6767.9

JK Cement Ltd.

13 Nov 2020

6649.50

1.04%

EARNINGS UPDATE-JK CEMENT 2QFY21

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 company 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 below its 50 day SMA of 6767.9

JK Cement Ltd.

12 Nov 2020

6649.50

1.04%

JK Cement

Hold: JK Cement Ltd.

Recommendation Target

ICICI Securities Limited

Completion of phase-I expansion to fuel the growth With the commissioning of split grinding unit of 0.7 MT at Balasinor, 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 challenging year of FY21E we expect the company to clock volume CAGR of 13.2% to 12.5MT in FY22E (grey + white). The full volume benefit potential is expected to get reflected in...

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

JK Cement Ltd.

12 Nov 2020

6649.50

1.04%

Capacity-led volume growth to drive earnings

Buy: JK Cement Ltd.

Target

Motilal Oswal

JK Cement (JKCE) continued to gain market share in 2QFY21, with volume growing 26% YoY, led by ~40% capacity expansion. EBITDA grew 62% YoY to INR4.1b and was the highest ever, supported by lower cost. This in turn led to the highest ever EBITDA margin of INR1461/t. We raise our FY21E EBITDA by 16%, factoring in lower cost and target price by 15% to INR2,075/share. We reiterate our Buy rating on a 26% EPS...

JK Cement Ltd. has gained 36.12% in the last 6 Months

JK Cement Ltd.

12 Nov 2020

6649.50

1.04%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

We expect the company to register Revenue/EBITDA/APAT CAGR of 8%/18%/24% from FY20-FY23E driven by volume CAGR of 8% and consistent realisation improvement of 1.5% each over FY22E-23E. We value JKCL at 10.5x FY22E EV/EBITDA to arrive at TP of Rs.2150

JK Cement Ltd. has gained 53.56% in the last 1 Year

JK Cement Ltd.

09 Oct 2020, 12:00AM

6649.50

1.04%

Company Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

The company has successfully commissioned 0.7 million tonne per annum grey cement grinding capacity at JK Cement works Balasinor, Gujarat and also commenced commercial despataches on 8th October,2020. This expansion takes the total grey cement capacity of the company to 14.67 million tonne

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

JK Cement Ltd.

03 Sep 2020

6649.50

1.04%

JK Cement

Buy: JK Cement Ltd.

Recommendation Target

ICICI Securities Limited

Commissioning of new capacities to fuel growth Out of total capex plan to set up new 4.2 MT capacity, JK Cement has commissioned 3.5 MT cement capacity while commercial dispatches also resumed in the quarter. Newly added capacities include 1 MT grinding unit (GU) each in Nimbahara, Mangrol along with 2.6 MT clinker plant and 1.5 MT GU in Aligarh. The company is also adding 0.7 MT GU in Gujarat (Balasinor), which will take its total capacity to 14.7 MT, a rise of 40% in capacity. Thus, despite a challenging FY21E, we expect it to clock volume CAGR of 12.6%...

JK Cement Ltd. has gained 53.56% in the last 1 Year

JK Cement Ltd.

03 Sep 2020

6649.50

1.04%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

The company recorded healthy operating performance despite lower volume driven by savings in variable cost. Although Revenue/Ebitda/PAT degrew by 28%/31% and 60% on consolidated basis YoY on account of COVID-19 related lockdown, it recorded healthy EBITDA margin of 21.2% in line with our expectation

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

Is JK Cement Ltd. worth buying?

101 Votes:

Buy 69.31%

Sell 18.81%

Hold 11.88%

RESEARCH REPORTS

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