|
13 Jul 2025 |
JK Cement
|
Consensus Share Price Target
|
6447.50 |
5869.27 |
- |
-8.97 |
buy
|
|
|
|
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09 Jul 2025
|
JK Cement
|
Motilal Oswal
|
6447.50
|
7300.00
|
6392.50
(0.86%)
|
13.22 |
Buy
|
|
|
JK Cement’s (JKCE) stock performance has played out broadly in line with our expectations, reflecting its strong track record of consistent operational delivery and disciplined execution.
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|
27 May 2025
|
JK Cement
|
BP Wealth
|
6447.50
|
|
5292.00
(21.83%)
|
|
Results Update
|
|
|
|
|
27 May 2025
|
JK Cement
|
Axis Direct
|
6447.50
|
5740.00
|
5292.00
(21.83%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
26 May 2025
|
JK Cement
|
Anand Rathi
|
6447.50
|
6342.00
|
5213.00
(23.68%)
|
Target met |
Buy
|
|
|
Capacity ramp-up, demand upswing, stable prices in its key operating regions (North/Central) and various cost optimisation measures aided JK Cement’s overall performance.
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|
26 May 2025
|
JK Cement
|
BOB Capital Markets Ltd.
|
6447.50
|
5208.00
|
5213.00
(23.68%)
|
Target met |
Hold
|
|
|
Grey cement volumes at 5.3mt (ex-clinker volumes) rose by ~14% YoY as presence in key operating regions like Central India helps
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|
26 May 2025
|
JK Cement
|
Motilal Oswal
|
6447.50
|
6060.00
|
5213.00
(23.68%)
|
Target met |
Buy
|
|
|
JK Cement’s (JKCE) 4QFY25 result was above our estimates, primarily driven by higher volumes (+7% vs. estimate). EBITDA grew ~37% YoY to INR7.6b (+17% vs. estimate).
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|
18 Feb 2025
|
JK Cement
|
Geojit BNP Paribas
|
6447.50
|
4100.00
|
4517.45
(42.72%)
|
36.41 |
Sell
|
|
|
|
|
28 Jan 2025
|
JK Cement
|
Axis Direct
|
6447.50
|
5380.00
|
4831.20
(33.46%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|
|
28 Jan 2025
|
JK Cement
|
Anand Rathi
|
6447.50
|
5841.00
|
4831.20
(33.46%)
|
Target met |
Buy
|
|
|
Amid a weak demand-pricing environment, JK Cement’s presence in north and central India, along with lower fuel cost aided Q3 figures. While ongoing expansions are on track, the JV with Saifco Cement would help to diversify its presence.
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|
27 Jan 2025
|
JK Cement
|
Motilal Oswal
|
6447.50
|
5630.00
|
4786.30
(34.71%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE)’s 3QFY25 result was above our estimates, led by 1) higher other operating income (impact of INR20-30/t), and 2) a higher volume of white cement.
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|
30 Oct 2024
|
JK Cement
|
ICICI Direct
|
6447.50
|
5060.00
|
4335.70
(48.71%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2024
|
JK Cement
|
Axis Direct
|
6447.50
|
4815.00
|
4335.70
(48.71%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
30 Oct 2024
|
JK Cement
|
BOB Capital Markets Ltd.
|
6447.50
|
4190.00
|
4335.70
(48.71%)
|
Target met |
Hold
|
|
|
Grey cement volumes at 3.8mt (excluding clinker volumes) fell by ~3% YoY (-12% QoQ) owing to weak demand impacted by seasonality
|
|
29 Oct 2024
|
JK Cement
|
Motilal Oswal
|
6447.50
|
5000.00
|
4350.45
(48.20%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE)’s 2QFY25 consolidated EBITDA was at INR2.8b (down 39% YoY) and ~22% below our estimates due to lower-than-estimated sales volume.
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|
20 Sep 2024
|
JK Cement
|
Motilal Oswal
|
6447.50
|
5600.00
|
4632.70
(39.17%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE) has been strategically expanding capacity using a balanced approach of improving the regional mix, lowering capex, and ensuring an adequate spread of integrated and grinding units.
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|
23 Jul 2024
|
JK Cement
|
Axis Direct
|
6447.50
|
4920.00
|
4480.40
(43.90%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
22 Jul 2024
|
JK Cement
|
Motilal Oswal
|
6447.50
|
5150.00
|
4471.95
(44.18%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE)’s consol. EBITDA grew 19% YoY to INR4.9b (est. INR4.7b), and EBITDA/t increased 14% YoY to INR1,003 (est. INR949) in 1QFY25.
|
|
22 May 2024
|
JK Cement
|
BOB Capital Markets Ltd.
|
6447.50
|
4538.00
|
3967.15
(62.52%)
|
Target met |
Buy
|
|
|
Q4 revenue grew 10% YoY to Rs 29.4bn as grey cement volumes gained 13% YoY/QoQ; realisation resilient YoY with 1% drop
|
|
15 May 2024
|
JK Cement
|
Axis Direct
|
6447.50
|
4340.00
|
3889.85
(65.75%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and revise our estimates, taking into consideration lower cement prices.
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|
15 May 2024
|
JK Cement
|
Motilal Oswal
|
6447.50
|
5300.00
|
3889.85
(65.75%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE) consol. EBITDA grew 60% YoY to INR5.6b (est. INR6.1b) and EBITDA/t increased 44% to INR1,077 (est. INR1,133) in 4QFY24.
|