|
18 Sep 2025 |
JK Lakshmi Cement
|
Consensus Share Price Target
|
896.30 |
995.00 |
- |
11.01 |
buy
|
|
|
|
|
25 May 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
896.30
|
552.00
|
449.90
(99.22%)
|
Target met |
Buy
|
|
|
|
|
24 May 2022
|
JK Lakshmi Cement
|
Anand Rathi
|
896.30
|
661.00
|
451.65
(98.45%)
|
Target met |
Buy
|
|
|
|
|
21 May 2022
|
JK Lakshmi Cement
|
Sharekhan
|
896.30
|
600.00
|
449.90
(99.22%)
|
Target met |
Buy
|
|
|
|
|
21 May 2022
|
JK Lakshmi Cement
|
Chola Wealth Direct
|
896.30
|
640.00
|
469.35
(90.97%)
|
Target met |
Buy
|
|
|
|
|
20 May 2022
|
JK Lakshmi Cement
|
Prabhudas Lilladhar
|
896.30
|
570.00
|
460.95
(94.45%)
|
Target met |
Accumulate
|
|
|
|
|
20 May 2022
|
JK Lakshmi Cement
|
Axis Direct
|
896.30
|
620.00
|
493.75
(81.53%)
|
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.
|
|
20 May 2022
|
JK Lakshmi Cement
|
ICICI Direct
|
896.30
|
580.00
|
493.75
(81.53%)
|
Target met |
Hold
|
|
|
|
|
10 Mar 2022
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
896.30
|
470.00
|
455.15
(96.92%)
|
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 &...
|
|
09 Nov 2021
|
JK Lakshmi Cement
|
Geojit BNP Paribas
|
896.30
|
730.00
|
651.50
(37.57%)
|
|
Accumulate
|
|
|
Volumes impacted by trucker's strike in East region JKLC reported Q2FY22 revenue growth of 7%YoY supported by realisation growth of 10%YoY. Volumes de-grew by 2.9%YoY due to strike by trucker's association in East. Value added products including RMC revenue was at Rs.92cr (Vs. Rs.78cr QoQ / Rs.70cr YoY) and the company is targeting Rs.500cr from this segment. Management expects 8-9% volume growth in FY23. GoI's strong focus on infra & housing will support demand. We expect revenue to grow by 11%CAGR over FY21-23E. Price hike to mitigate cost pressure and recoup margins...
|
|
02 Nov 2021
|
JK Lakshmi Cement
|
Axis Direct
|
896.30
|
750.00
|
612.65
(46.30%)
|
|
Buy
|
|
|
We retain our BUY rating on the stock with a target price of Rs 750/share, valuing the company at 8.5x of its FY23E EV/EBITDA, implying an upside of 22% from CMP.
|