|
22 Sep 2025 |
JK Lakshmi Cement
|
Consensus Share Price Target
|
888.00 |
996.88 |
- |
12.26 |
buy
|
|
|
|
|
29 Jul 2022
|
JK Lakshmi Cement
|
ICICI Direct
|
888.00
|
505.00
|
442.45
(100.70%)
|
Target met |
Hold
|
|
|
|
|
29 Jul 2022
|
JK Lakshmi Cement
|
Prabhudas Lilladhar
|
888.00
|
555.00
|
444.85
(99.62%)
|
Target met |
Accumulate
|
|
|
|
|
25 May 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
888.00
|
552.00
|
449.90
(97.38%)
|
Target met |
Buy
|
|
|
|
|
24 May 2022
|
JK Lakshmi Cement
|
Anand Rathi
|
888.00
|
661.00
|
451.65
(96.61%)
|
Target met |
Buy
|
|
|
|
|
21 May 2022
|
JK Lakshmi Cement
|
Sharekhan
|
888.00
|
600.00
|
449.90
(97.38%)
|
Target met |
Buy
|
|
|
|
|
21 May 2022
|
JK Lakshmi Cement
|
Chola Wealth Direct
|
888.00
|
640.00
|
469.35
(89.20%)
|
Target met |
Buy
|
|
|
|
|
20 May 2022
|
JK Lakshmi Cement
|
ICICI Direct
|
888.00
|
580.00
|
493.75
(79.85%)
|
Target met |
Hold
|
|
|
|
|
20 May 2022
|
JK Lakshmi Cement
|
Prabhudas Lilladhar
|
888.00
|
570.00
|
460.95
(92.65%)
|
Target met |
Accumulate
|
|
|
|
|
20 May 2022
|
JK Lakshmi Cement
|
Axis Direct
|
888.00
|
620.00
|
493.75
(79.85%)
|
Target met |
Buy
|
|
|
We retain our BUY rating on the stock and roll over our estimate to FY24 and value the company at 7x of its FY24E EV/EBITDA to arrive at a target price of Rs 620/share, implying an upside of 48% from the CMP.
|
|
10 Mar 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
888.00
|
470.00
|
455.15
(95.10%)
|
Target met |
Accumulate
|
|
|
JKLC currently trades at 7x 1Yr Fwd EV/EBITDA (3Yr Avg=7.4x). We value at 5.5x FY24E EV/EBITDA considering current margin pressure. Volumes impacted by transport strike in East region JKLC reported flat growth in Q3FY22 on YoY basis due to 9%YoY de-growth in volumes impacted by transport strike in East region (~18 days impact) and unseasonal rains while realisation grew by ~10%YoY. Value added products including RMC revenue was at Rs.100cr (Vs. Rs.92cr QoQ) and JKLC is targeting ~Rs.500cr in the coming years. Management expects 8-9% volume growth in FY23. GoI's strong focus on infra &...
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