NSE: JKLAKSHMI | BSE: 500380

Mid-range Performer

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876.55 11.20 (1.29%)

32.71% Gain from 52W Low

38,363 NSE+BSE Volume

NSE 20 May, 2025 9:38 AM (IST)

10,314.4

Market Cap

Above industry Median

0.6

Beta 1Year

Very Low volatility

JK Lakshmi Cement Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JKLAKSHMI, BSE:500380 JK Lakshmi Cement Ltd.

JK Lakshmi Cement Ltd.

02 Aug 2021

876.55

1.29%

Q1FY22 Result Update - Miss on margins; Played-out re-rating drives downgrade - HOLD

Hold: JK Lakshmi Cement Ltd.

Recommendation Target

Prabhudas Lilladhar

Led by steep increase in prices across its markets, JKLC's EBITDA/t doubled since FY19 to ~Rs900/t (adj. for trading operations). However, it remained well below its peers due to higher clinker sales and focus on higher lead distance markets. Given its overdependence on prices, we believe that margins for the company would remain capped due to significant cost pressures, limited scope for cost reduction and high lead distance. With margins trending lower to Rs800/t and limited avenues to contain the cost headwinds, we believe that re-rating in valuations (from 5x to 8x over last six months) capture the...

JK Lakshmi Cement Ltd. is trading above all available SMAs

JK Lakshmi Cement Ltd.

02 Aug 2021

876.55

1.29%

EARNINGS UPDATE- JKLC 1QFY22

Sell: JK Lakshmi Cement Ltd.

Recommendation

Chola Wealth Direct

Background: JK Lakshmi Cements (JKLC) is a north Indian Cement player, established in 1982. JKLC has clinker units in Sirohi, Rajasthan and grinding units in Rajasthan, Gujarat and Haryana. The current clinker capacity is 6.2 MTPA and cement capacity is 11.5 MTPA. JKLC derives sales volume from the northern and western regions. The company has market share of ~6-7% in the northern region and ~9-10% in western regions. JKLC is on the spree of capacity...

JK Lakshmi Cement Ltd. has an average target of 912.80 from 5 brokers.

JK Lakshmi Cement Ltd.

24 May 2021

876.55

1.29%

Result Update:JK Lakshmi Cem.

Buy: JK Lakshmi Cement Ltd.

Target

Axis Direct

We retain our BUY rating on the stock. We roll over our estimate to FY23E and value the company at 7x FY23E EV/EBITDA (6.5x earlier), to arrive at a target price of Rs.590/share, implying an upside of 19% from CMP.

JK Lakshmi Cement Ltd. has gained 23.35% in the last 3 Months

JK Lakshmi Cement Ltd.

24 May 2021

876.55

1.29%

EARNINGS UPDATE- JKLC 4QFY21

Buy: JK Lakshmi Cement Ltd.

Target

Chola Wealth Direct

JK Lakshmi Cement Ltd. has gained 23.35% in the last 3 Months

JK Lakshmi Cement Ltd.

24 May 2021

876.55

1.29%

JK LAKSHMI CEMENT LTD

Accumulate: JK Lakshmi Cement Ltd.

Recommendation Target

Geojit BNP Paribas

JKLC reported revenue growth of 25%YoY aided by 17.6%YoY growth in volumes (better than industry) and 6% YoY growth in blended realisation amid challenging conditions. Value added products including RMC revenue was Rs.95cr Vs Rs.91cr QoQ and the company is targeting Rs.500cr from this segment. Given GoI's strong focus on infra & housing, we expect demand to pick up in H2FY22 despite near-term uncertainties due to Covid-19 second wave. Factoring better than expected volume...

JK Lakshmi Cement Ltd. has gained 23.35% in the last 3 Months

JK Lakshmi Cement Ltd.

23 May 2021

876.55

1.29%

Realization surprises positively

Buy: JK Lakshmi Cement Ltd.

Target

Motilal Oswal

EBITDA grew 33% YoY to INR2.7b in 4QFY21 (34% above our estimate), led by 3% QoQ increase in realization and 2% QoQ decline in cost per tonne. We have raised our FY22E/FY23E EPS estimate by 23%/22% to factor in accelerated deleveraging, which should drive 15% EPS CAGR over FY21-23E. We reiterate our Buy rating on attractive valuations (6.5x FY22E EV/EBITDA) as well as growth optionality from the announced 2.5mtpa expansion in North India through its subsidiary Udaipur Cement Works (UCWL)....

JK Lakshmi Cement Ltd. has gained 23.35% in the last 3 Months

JK Lakshmi Cement Ltd.

22 May 2021

876.55

1.29%

JK Lakshmi Cement

Buy: JK Lakshmi Cement Ltd.

Target

ICICI Securities Limited

JK Lakshmi Cement operated at full capacity in Q4 with 101% capacity utilisation led by improved sales volume from both retail & infra segment. Total sales volume grew 17.6% YoY to 2.9 MT. Realisation was also up 5.9% YoY, 3.0% QoQ to | 4,559/tonne (vs. I-direct estimate: | 4,413/t). This led to revenue growth of 24.6% YoY to | 1,322 crore (vs. I-direct estimate: 1,226.2 crore). EBITDA margins came in at 20.3% (vs. I-direct estimate: 14.8%) and EBITDA/tonne of | 924/tonne, ahead of our estimated EBITDA/t of | 653/t despite 4.3% YoY increase in costs. After accounting for impairment loss of...

JK Lakshmi Cement Ltd. is trading above all available SMAs

JK Lakshmi Cement Ltd.

04 Feb 2021

876.55

1.29%

JK LAKSHMI CEMENT LTD

Buy: JK Lakshmi Cement Ltd.

Target

Geojit BNP Paribas

JKLC reported revenue growth of 19%YoY aided by 14%YoY growth in volumes (better than industry) and 4% YoY growth in blended realisation amid challenging conditions. Value added products including RMC revenue was Rs.91cr Vs Rs.76cr YoY and the company is targeting Rs.500cr this year from this segment. Given GoI's strong focus on infra & housing, we expect demand to pick up in FY22. Factoring better than expected volume growth in the quarter, we increase our volume assumptions and expect revenue to grow by 7%CAGR over FY20-23E. Sharp increase in fuel price likely to impact margins...

JK Lakshmi Cement Ltd. has an average target of 912.80 from 5 brokers.

JK Lakshmi Cement Ltd.

03 Feb 2021

876.55

1.29%

Volume surprises positively

Buy: JK Lakshmi Cement Ltd.

Target

Motilal Oswal

EBITDA grew 26% YoY in 3QFY21 to INR1.9b (8% above our estimate) driven by 16%/2% YoY growth in volume/realization. Costs rose 3% QoQ due to higher freight and other expenses. Control on costs holds the key to deliver consistent EPS growth. We maintain our FY2123E estimates and reiterate Buy on attractive valuations. EBITDA up 26% YoY led by 16% YoY growth in volume Revenue grew 19% YoY to INR11.9b on 16% growth in volume at 2.7mt (v/s...

JK Lakshmi Cement Ltd. has an average target of 912.80 from 5 brokers.

JK Lakshmi Cement Ltd.

03 Feb 2021

876.55

1.29%

JK Lakshmi Cement

Buy: JK Lakshmi Cement Ltd.

Target

ICICI Securities Limited

Cost efficiency to improve further; maintain BUY! During Q3FY21, JK Lakshmi managed to sustain its margins on a YoY basis despite an increase in costs leading to a better-than-expected performance for Q3FY21. Revenue in Q3 grew 18.7% YoY to | 1192.8 crore (vs I-direct estimate: | 1121.3 crore). Plant utilisation was at 92% led by improved sales volumes that were up 15.7% YoY to 2.7 MT (vs. I-direct estimate: 2.6 MT). Realisations were also up 2.6% YoY to | 4,426/tonne (vs. I-direct estimate: | 4,356/t). This led to a margin expansion of 97 bps YoY to 16.1% (in line...

JK Lakshmi Cement Ltd. has gained 23.35% in the last 3 Months

Is JK Lakshmi Cement Ltd. worth buying?

156 Votes:

Buy 83.97%

Sell 6.41%

Hold 9.62%

RESEARCH REPORTS

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