|
11 Sep 2025 |
JK Lakshmi Cement
|
Consensus Share Price Target
|
911.40 |
995.00 |
- |
9.17 |
buy
|
|
|
|
|
14 Feb 2023
|
JK Lakshmi Cement
|
ICICI Securities Limited
|
911.40
|
800.00
|
746.55
(22.08%)
|
Target met |
Accumulate
|
|
|
JK Lakshmi Cement’s (JKLC) Q3FY23 standalone EBITDA of Rs1.6bn (up 9% YoY) was below our and consensus estimates. Volumes, including clinker sales, were up 6%/13% YoY/QoQ while total cost/te rose ~20% YoY (flat QoQ) owing to sustained inflation in fuel prices.
|
|
14 Feb 2023
|
JK Lakshmi Cement
|
BOB Capital Markets Ltd.
|
911.40
|
551.00
|
746.55
(22.08%)
|
|
Sell
|
|
|
Q3 volumes surged 16% YoY on a weak base with realisations up 8%, aiding healthy topline growth
|
|
13 Feb 2023
|
JK Lakshmi Cement
|
Motilal Oswal
|
911.40
|
850.00
|
752.65
(21.09%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2023
|
JK Lakshmi Cement
|
Sharekhan
|
911.40
|
830.00
|
682.80
(33.48%)
|
Target met |
Hold
|
|
|
|
|
29 Dec 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
911.40
|
710.00
|
816.35
(11.64%)
|
Target met |
Sell
|
|
|
|
|
03 Dec 2022
|
JK Lakshmi Cement
|
Axis Direct
|
911.40
|
825.00
|
748.00
(21.84%)
|
Target met |
Buy
|
|
|
We recommend a Buy the stock for a target price of Rs 825/ implying an upside of 10% from CMP
|
|
18 Nov 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
911.40
|
703.00
|
636.55
(43.18%)
|
Target met |
Hold
|
|
|
|
|
08 Nov 2022
|
JK Lakshmi Cement
|
ICICI Direct
|
911.40
|
780.00
|
665.15
(37.02%)
|
Target met |
Buy
|
|
|
|
|
07 Nov 2022
|
JK Lakshmi Cement
|
Axis Direct
|
911.40
|
745.00
|
665.15
(37.02%)
|
Target met |
Buy
|
|
|
We retain our BUY rating on the stock and value the company at 7.5x (7x earlier) of its FY24E EV/EBITDA to arrive at a target price of Rs 745/share, implying an upside of 19% from the CMP
|
|
04 Nov 2022
|
JK Lakshmi Cement
|
ICICI Securities Limited
|
911.40
|
745.00
|
626.55
(45.46%)
|
Target met |
Buy
|
|
|
JK Lakshmi Cement’s (JKLC) Q2FY23 standalone EBITDA of Rs1.39bn (down 15% YoY) was largely in line with our estimates, but above consensus.
|