JK Cement Ltd.
•₹ 5,250-0.3%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.18x)
- Company has delivered good sales growth of 15.7% CAGR over last 5 years
- Working capital cycle has improved - days down from 28 to -7
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 31.6% versus prior year
- Recurring exceptional / one-off items are inflating headline profit
- Company has delivered a poor profit growth of 7.0% over past five years
- Stock is trading at 5.6x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ULTRACEMCO | 11460.00 | 39.55 | 337702.33 | 2.09 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 406.00 | 23.05 | 100883.58 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24360.00 | 53.92 | 87892.70 | 0.62 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5280.65 | 43.15 | 40802.66 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1875.00 | 37.69 | 35168.62 | 0.48 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1289.40 | 12.69 | 24213.29 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 900.85 | 33.01 | 21286.40 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 123.95 | 22.22 | 16898.91 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | NUVOCO | 318.90 | 29.51 | 11389.71 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 10. | INDIACEM | 366.40 | 122.77 | 11354.63 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 11. | STARCEMENT | 194.00 | 21.21 | 7841.10 | 0.52 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | JKLAKSHMI | 557.45 | 18.71 | 6920.43 | 1.17 | 108.07 | -27.90 | 1904.78 | 9.41 | 12.36 | 13.63 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,763 | 2,753 | 2,935 | 3,106 | 2,808 | 2,560 | 2,930 | 3,581 | 3,353 | 3,019 | 3,463 | 3,888 | 4,032 | |
| 2,355 | 2,286 | 2,310 | 2,546 | 2,321 | 2,276 | 2,438 | 2,816 | 2,665 | 2,573 | 2,906 | 3,205 | 3,665 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 32 | 29 | 38 | 46 | 45 | 38 | 45 | 46 | 56 | 51 | 46 | 41 | 39 |
| Interest | 109 | 115 | 114 | 115 | 110 | 123 | 112 | 113 | 109 | 105 | 113 | 98 | 114 |
| Depreciation | 138 | 141 | 140 | 153 | 147 | 146 | 146 | 162 | 146 | 149 | 175 | 182 | 167 |
| 177 | 241 | 409 | 347 | 273 | 155 | 279 | 535 | 489 | 243 | 268 | 444 | 406 | |
| Tax % | 37.41% | 26.94% | 30.61% | 36.72% | 32.34% | 12.16% | 32.08% | 32.45% | 33.71% | 34.46% | 35.29% | 25.40% | 32.38% |
| Net Profit | 0 | 0 | 0 | 0 | 185 | 136 | 190 | 361 | 324 | 159 | 174 | 331 | 275 |
| 14 | 23 | 37 | 28 | 24 | 16 | 25 | 47 | 42 | 21 | 23 | 43 | 4 | |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 2,763
- 2,355
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 109
- Depreciation
- 138
- 177
- Tax %
- 37.41%
- Net Profit
- 0
- 14
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 2,753
- 2,286
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 115
- Depreciation
- 141
- 241
- Tax %
- 26.94%
- Net Profit
- 0
- 23
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,935
- 2,310
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 114
- Depreciation
- 140
- 409
- Tax %
- 30.61%
- Net Profit
- 0
- 37
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 3,106
- 2,546
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 115
- Depreciation
- 153
- 347
- Tax %
- 36.72%
- Net Profit
- 0
- 28
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,808
- 2,321
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 110
- Depreciation
- 147
- 273
- Tax %
- 32.34%
- Net Profit
- 185
- 24
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 2,560
- 2,276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 123
- Depreciation
- 146
- 155
- Tax %
- 12.16%
- Net Profit
- 136
- 16
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,930
- 2,438
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 112
- Depreciation
- 146
- 279
- Tax %
- 32.08%
- Net Profit
- 190
- 25
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 3,581
- 2,816
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 113
- Depreciation
- 162
- 535
- Tax %
- 32.45%
- Net Profit
- 361
- 47
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 3,353
- 2,665
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 109
- Depreciation
- 146
- 489
- Tax %
- 33.71%
- Net Profit
- 324
- 42
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 3,019
- 2,573
- Operating Profit
- —
- OPM %
- —
- Other Income
- 51
- Interest
- 105
- Depreciation
- 149
- 243
- Tax %
- 34.46%
- Net Profit
- 159
- 21
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 3,463
- 2,906
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 113
- Depreciation
- 175
- 268
- Tax %
- 35.29%
- Net Profit
- 174
- 23
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 3,888
- 3,205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 98
- Depreciation
- 182
- 444
- Tax %
- 25.40%
- Net Profit
- 331
- 43
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 4,032
- 3,665
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 114
- Depreciation
- 167
- 406
- Tax %
- 32.38%
- Net Profit
- 275
- 4
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,021 | 4,854 | 5,259 | 5,802 | 6,606 | 7,991 | 9,720 | 11,556 | 11,879 | 13,722 | 14,401 | |
| 3,297 | 4,066 | 4,424 | 4,588 | 5,067 | 6,508 | 8,406 | 9,496 | 9,852 | 11,348 | 12,348 | |
| Operating Profit | 825 | 916 | 915 | 1,299 | 1,652 | 1,625 | 1,402 | 2,205 | 2,200 | 2,569 | — |
| OPM % | 21 | 19 | 17 | 22 | 25 | 20 | 14 | 19 | 19 | 19 | — |
| Other Income | 100 | 128 | 80 | 85 | 113 | 143 | 87 | 145 | 173 | 195 | 177 |
| Interest | 303 | 284 | 261 | 276 | 253 | 270 | 312 | 453 | 459 | 424 | 430 |
| Depreciation | 217 | 231 | 241 | 288 | 306 | 342 | 462 | 573 | 601 | 653 | 673 |
| 286 | 383 | 412 | 734 | 1,093 | 1,013 | 628 | 1,174 | 1,242 | 1,444 | 1,361 | |
| Tax % | 40 | 25 | 36 | 34 | 36 | 33 | 34 | 33 | 30 | 32 | 31 |
| Net Profit | 172 | 286 | 264 | 483 | 703 | 679 | 416 | 790 | 872 | 988 | 938 |
| EPS | 25 | 41 | 37 | 63 | 91 | 88 | 55 | 102 | 111 | 128 | — |
| Dividend Payout % | 31 | 24 | 29 | 12 | 16 | 17 | 27 | 20 | 13 | 16 | — |
| Minority Interest | 6 | 4 | 7 | 9 | 7 | 8 | 7 | 1 | -11 | 4 | -4 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 25 | 41 | 35 | 64 | 92 | 89 | 55 | 102 | 111 | 128 | — |
| Minority Interest | 6 | 4 | 7 | 9 | 7 | 8 | 7 | 1 | -11 | 4 | -4 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 25 | 41 | 35 | 64 | 92 | 89 | 55 | 102 | 111 | 128 | — |
Mar 2017
- 4,021
- 3,297
- Operating Profit
- 825
- OPM %
- 21
- Other Income
- 100
- Interest
- 303
- Depreciation
- 217
- 286
- Tax %
- 40
- Net Profit
- 172
- EPS
- 25
- Dividend Payout %
- 31
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2018
- 4,854
- 4,066
- Operating Profit
- 916
- OPM %
- 19
- Other Income
- 128
- Interest
- 284
- Depreciation
- 231
- 383
- Tax %
- 25
- Net Profit
- 286
- EPS
- 41
- Dividend Payout %
- 24
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 41
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 41
Mar 2019
- 5,259
- 4,424
- Operating Profit
- 915
- OPM %
- 17
- Other Income
- 80
- Interest
- 261
- Depreciation
- 241
- 412
- Tax %
- 36
- Net Profit
- 264
- EPS
- 37
- Dividend Payout %
- 29
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2020
- 5,802
- 4,588
- Operating Profit
- 1,299
- OPM %
- 22
- Other Income
- 85
- Interest
- 276
- Depreciation
- 288
- 734
- Tax %
- 34
- Net Profit
- 483
- EPS
- 63
- Dividend Payout %
- 12
- Minority Interest
- 9
- Share of Associates
- 0
- Adjusted EPS
- 64
- Minority Interest
- 9
- Share of Associates
- 0
- Adjusted EPS
- 64
Mar 2021
- 6,606
- 5,067
- Operating Profit
- 1,652
- OPM %
- 25
- Other Income
- 113
- Interest
- 253
- Depreciation
- 306
- 1,093
- Tax %
- 36
- Net Profit
- 703
- EPS
- 91
- Dividend Payout %
- 16
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 92
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 92
Mar 2022
- 7,991
- 6,508
- Operating Profit
- 1,625
- OPM %
- 20
- Other Income
- 143
- Interest
- 270
- Depreciation
- 342
- 1,013
- Tax %
- 33
- Net Profit
- 679
- EPS
- 88
- Dividend Payout %
- 17
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- 89
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- 89
Mar 2023
- 9,720
- 8,406
- Operating Profit
- 1,402
- OPM %
- 14
- Other Income
- 87
- Interest
- 312
- Depreciation
- 462
- 628
- Tax %
- 34
- Net Profit
- 416
- EPS
- 55
- Dividend Payout %
- 27
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 55
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 55
Mar 2024
- 11,556
- 9,496
- Operating Profit
- 2,205
- OPM %
- 19
- Other Income
- 145
- Interest
- 453
- Depreciation
- 573
- 1,174
- Tax %
- 33
- Net Profit
- 790
- EPS
- 102
- Dividend Payout %
- 20
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 102
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 102
Mar 2025
- 11,879
- 9,852
- Operating Profit
- 2,200
- OPM %
- 19
- Other Income
- 173
- Interest
- 459
- Depreciation
- 601
- 1,242
- Tax %
- 30
- Net Profit
- 872
- EPS
- 111
- Dividend Payout %
- 13
- Minority Interest
- -11
- Share of Associates
- 0
- Adjusted EPS
- 111
- Minority Interest
- -11
- Share of Associates
- 0
- Adjusted EPS
- 111
Mar 2026
- 13,722
- 11,348
- Operating Profit
- 2,569
- OPM %
- 19
- Other Income
- 195
- Interest
- 424
- Depreciation
- 653
- 1,444
- Tax %
- 32
- Net Profit
- 988
- EPS
- 128
- Dividend Payout %
- 16
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 128
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 128
TTM
- 14,401
- 12,348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 177
- Interest
- 430
- Depreciation
- 673
- 1,361
- Tax %
- 31
- Net Profit
- 938
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 16%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 33%
- 5 Years:
- 7%
- 3 Years:
- 33%
STOCK PRICE CAGR
- 10 Years:
- 21%
- 5 Years:
- 11%
- 3 Years:
- 19%
- 1 Year:
- -30%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 14%
- 3 Years:
- 15%
- Last Year:
- 15%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 70 | 70 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| 1,641 | 1,905 | 2,625 | 2,950 | 3,659 | 4,248 | 4,607 | 5,290 | 6,012 | 6,960 | |
| 442 | 360 | 527 | 577 | 400 | 860 | 886 | 749 | 847 | 963 | |
| Trade Payables | 427 | 665 | 434 | 492 | 600 | 715 | 822 | 880 | 1,098 | 1,216 |
| 3,831 | 3,550 | 3,854 | 4,446 | 5,443 | 5,503 | 6,915 | 7,806 | 8,647 | 9,284 | |
| Total Liabilities | 6,411 | 6,550 | 7,516 | 8,542 | 10,180 | 11,403 | 13,307 | 14,802 | 16,682 | 18,500 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 4,542 | 4,443 | 4,537 | 5,554 | 5,937 | 6,544 | 8,467 | 9,298 | 9,519 | 11,586 | |
| Capital Work in Progress | 127 | 104 | 574 | 530 | 509 | 1,032 | 592 | 464 | 1,317 | 1,053 |
| 80 | 119 | 438 | 46 | 142 | 216 | 92 | 377 | 601 | 447 | |
| 561 | 590 | 624 | 690 | 757 | 1,209 | 974 | 1,182 | 1,175 | 1,525 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 566 | 787 | 760 | |
| Cash & Bank | 435 | 573 | 456 | 634 | 1,225 | 325 | 833 | 880 | 1,370 | 469 |
| 666 | 721 | 887 | 1,087 | 1,609 | 2,078 | 2,348 | 2,035 | 1,913 | 2,660 | |
| Total Assets | 6,411 | 6,550 | 7,516 | 8,542 | 10,180 | 11,403 | 13,307 | 14,802 | 16,682 | 18,500 |
| Total Debt | 3,317 | 2,941 | 2,973 | 3,284 | 3,402 | 3,855 | 4,995 | 5,239 | 5,894 | 6,073 |
| Net Working Capital | 198 | 366 | 435 | 410 | 1,226 | 854 | 791 | 967 | 1,085 | -313 |
| Contingent Liabilities | 528 | 579 | 629 | 663 | 344 | 460 | 433 | 890 | 655 | 504 |
| Book Value per Share | 244.64 | 282.42 | 349.72 | 391.84 | 483.61 | 559.72 | 606.19 | 694.60 | 788.01 | 910.74 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 3,317 | 2,941 | 2,973 | 3,284 | 3,402 | 3,855 | 4,995 | 5,239 | 5,894 | 6,073 |
| Net Working Capital | 198 | 366 | 435 | 410 | 1,226 | 854 | 791 | 967 | 1,085 | -313 |
| Contingent Liabilities | 528 | 579 | 629 | 663 | 344 | 460 | 433 | 890 | 655 | 504 |
| Book Value per Share | 244.64 | 282.42 | 349.72 | 391.84 | 483.61 | 559.72 | 606.19 | 694.60 | 788.01 | 910.74 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 70
- 1,641
- 442
- Trade Payables
- 427
- 3,831
- Total Liabilities
- 6,411
- 4,542
- Capital Work in Progress
- 127
- 80
- 561
- 0
- Cash & Bank
- 435
- 666
- Total Assets
- 6,411
- Total Debt
- 3,317
- Net Working Capital
- 198
- Contingent Liabilities
- 528
- Book Value per Share
- 244.64
- Face Value
- 10.00
- Total Debt
- 3,317
- Net Working Capital
- 198
- Contingent Liabilities
- 528
- Book Value per Share
- 244.64
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 70
- 1,905
- 360
- Trade Payables
- 665
- 3,550
- Total Liabilities
- 6,550
- 4,443
- Capital Work in Progress
- 104
- 119
- 590
- 0
- Cash & Bank
- 573
- 721
- Total Assets
- 6,550
- Total Debt
- 2,941
- Net Working Capital
- 366
- Contingent Liabilities
- 579
- Book Value per Share
- 282.42
- Face Value
- 10.00
- Total Debt
- 2,941
- Net Working Capital
- 366
- Contingent Liabilities
- 579
- Book Value per Share
- 282.42
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 77
- 2,625
- 527
- Trade Payables
- 434
- 3,854
- Total Liabilities
- 7,516
- 4,537
- Capital Work in Progress
- 574
- 438
- 624
- 0
- Cash & Bank
- 456
- 887
- Total Assets
- 7,516
- Total Debt
- 2,973
- Net Working Capital
- 435
- Contingent Liabilities
- 629
- Book Value per Share
- 349.72
- Face Value
- 10.00
- Total Debt
- 2,973
- Net Working Capital
- 435
- Contingent Liabilities
- 629
- Book Value per Share
- 349.72
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 77
- 2,950
- 577
- Trade Payables
- 492
- 4,446
- Total Liabilities
- 8,542
- 5,554
- Capital Work in Progress
- 530
- 46
- 690
- 0
- Cash & Bank
- 634
- 1,087
- Total Assets
- 8,542
- Total Debt
- 3,284
- Net Working Capital
- 410
- Contingent Liabilities
- 663
- Book Value per Share
- 391.84
- Face Value
- 10.00
- Total Debt
- 3,284
- Net Working Capital
- 410
- Contingent Liabilities
- 663
- Book Value per Share
- 391.84
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 77
- 3,659
- 400
- Trade Payables
- 600
- 5,443
- Total Liabilities
- 10,180
- 5,937
- Capital Work in Progress
- 509
- 142
- 757
- 0
- Cash & Bank
- 1,225
- 1,609
- Total Assets
- 10,180
- Total Debt
- 3,402
- Net Working Capital
- 1,226
- Contingent Liabilities
- 344
- Book Value per Share
- 483.61
- Face Value
- 10.00
- Total Debt
- 3,402
- Net Working Capital
- 1,226
- Contingent Liabilities
- 344
- Book Value per Share
- 483.61
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 77
- 4,248
- 860
- Trade Payables
- 715
- 5,503
- Total Liabilities
- 11,403
- 6,544
- Capital Work in Progress
- 1,032
- 216
- 1,209
- 0
- Cash & Bank
- 325
- 2,078
- Total Assets
- 11,403
- Total Debt
- 3,855
- Net Working Capital
- 854
- Contingent Liabilities
- 460
- Book Value per Share
- 559.72
- Face Value
- 10.00
- Total Debt
- 3,855
- Net Working Capital
- 854
- Contingent Liabilities
- 460
- Book Value per Share
- 559.72
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 77
- 4,607
- 886
- Trade Payables
- 822
- 6,915
- Total Liabilities
- 13,307
- 8,467
- Capital Work in Progress
- 592
- 92
- 974
- 0
- Cash & Bank
- 833
- 2,348
- Total Assets
- 13,307
- Total Debt
- 4,995
- Net Working Capital
- 791
- Contingent Liabilities
- 433
- Book Value per Share
- 606.19
- Face Value
- 10.00
- Total Debt
- 4,995
- Net Working Capital
- 791
- Contingent Liabilities
- 433
- Book Value per Share
- 606.19
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 77
- 5,290
- 749
- Trade Payables
- 880
- 7,806
- Total Liabilities
- 14,802
- 9,298
- Capital Work in Progress
- 464
- 377
- 1,182
- 566
- Cash & Bank
- 880
- 2,035
- Total Assets
- 14,802
- Total Debt
- 5,239
- Net Working Capital
- 967
- Contingent Liabilities
- 890
- Book Value per Share
- 694.60
- Face Value
- 10.00
- Total Debt
- 5,239
- Net Working Capital
- 967
- Contingent Liabilities
- 890
- Book Value per Share
- 694.60
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 77
- 6,012
- 847
- Trade Payables
- 1,098
- 8,647
- Total Liabilities
- 16,682
- 9,519
- Capital Work in Progress
- 1,317
- 601
- 1,175
- 787
- Cash & Bank
- 1,370
- 1,913
- Total Assets
- 16,682
- Total Debt
- 5,894
- Net Working Capital
- 1,085
- Contingent Liabilities
- 655
- Book Value per Share
- 788.01
- Face Value
- 10.00
- Total Debt
- 5,894
- Net Working Capital
- 1,085
- Contingent Liabilities
- 655
- Book Value per Share
- 788.01
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 77
- 6,960
- 963
- Trade Payables
- 1,216
- 9,284
- Total Liabilities
- 18,500
- 11,586
- Capital Work in Progress
- 1,053
- 447
- 1,525
- 760
- Cash & Bank
- 469
- 2,660
- Total Assets
- 18,500
- Total Debt
- 6,073
- Net Working Capital
- -313
- Contingent Liabilities
- 504
- Book Value per Share
- 910.74
- Face Value
- 10.00
- Total Debt
- 6,073
- Net Working Capital
- -313
- Contingent Liabilities
- 504
- Book Value per Share
- 910.74
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 772 | 883 | 704 | 1,372 | 1,593 | 878 | 1,377 | 1,959 | 1,939 | 1,873 | |
| Cash from Investing | -649 | -96 | -802 | -1,477 | -1,347 | -996 | -2,015 | -1,636 | -1,910 | -1,745 |
| Cash from Financing | -346 | -723 | 173 | -113 | -137 | 62 | 741 | -416 | 74 | -385 |
| -223 | 65 | 74 | -218 | 109 | -56 | 104 | -92 | 104 | -257 | |
| Free Cash Flow | 492 | 810 | -102 | 108 | 972 | -542 | -575 | 741 | 383 | -615 |
| OCF / Net Profit | 4.49 | 3.09 | 2.67 | 2.84 | 2.27 | 1.29 | 3.31 | 2.48 | 2.22 | 1.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,279 | 1,246 | -139 | 704 | 979 | -608 |
| OCF / Net Profit | 4.49 | 3.09 | 2.67 | 2.84 | 2.27 | 1.29 | 3.31 | 2.48 | 2.22 | 1.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,279 | 1,246 | -139 | 704 | 979 | -608 |
Mar 2017
- 772
- Cash from Investing
- -649
- Cash from Financing
- -346
- -223
- Free Cash Flow
- 492
- OCF / Net Profit
- 4.49
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.49
- Cumulative 5-Year FCF
- 0
Mar 2018
- 883
- Cash from Investing
- -96
- Cash from Financing
- -723
- 65
- Free Cash Flow
- 810
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
Mar 2019
- 704
- Cash from Investing
- -802
- Cash from Financing
- 173
- 74
- Free Cash Flow
- -102
- OCF / Net Profit
- 2.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.67
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,372
- Cash from Investing
- -1,477
- Cash from Financing
- -113
- -218
- Free Cash Flow
- 108
- OCF / Net Profit
- 2.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.84
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,593
- Cash from Investing
- -1,347
- Cash from Financing
- -137
- 109
- Free Cash Flow
- 972
- OCF / Net Profit
- 2.27
- Cumulative 5-Year FCF
- 2,279
- OCF / Net Profit
- 2.27
- Cumulative 5-Year FCF
- 2,279
Mar 2022
- 878
- Cash from Investing
- -996
- Cash from Financing
- 62
- -56
- Free Cash Flow
- -542
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 1,246
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 1,246
Mar 2023
- 1,377
- Cash from Investing
- -2,015
- Cash from Financing
- 741
- 104
- Free Cash Flow
- -575
- OCF / Net Profit
- 3.31
- Cumulative 5-Year FCF
- -139
- OCF / Net Profit
- 3.31
- Cumulative 5-Year FCF
- -139
Mar 2024
- 1,959
- Cash from Investing
- -1,636
- Cash from Financing
- -416
- -92
- Free Cash Flow
- 741
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 704
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 704
Mar 2025
- 1,939
- Cash from Investing
- -1,910
- Cash from Financing
- 74
- 104
- Free Cash Flow
- 383
- OCF / Net Profit
- 2.22
- Cumulative 5-Year FCF
- 979
- OCF / Net Profit
- 2.22
- Cumulative 5-Year FCF
- 979
Mar 2026
- 1,873
- Cash from Investing
- -1,745
- Cash from Financing
- -385
- -257
- Free Cash Flow
- -615
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- -608
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- -608
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 25.42 | 41.41 | 34.99 | 63.73 | 91.85 | 88.93 | 54.82 | 102.35 | 111.44 | 128.44 |
| Book Value (₹) | 244.64 | 282.42 | 349.72 | 391.84 | 483.61 | 559.72 | 606.19 | 694.60 | 788.01 | 910.74 |
| Dividend per Share (₹) | 8.00 | 10.00 | 10.00 | 7.50 | 15.00 | 15.00 | 15.00 | 20.00 | 15.00 | 20.00 |
| Cash EPS (₹) | 55.62 | 73.92 | 65.35 | 99.83 | 130.62 | 132.22 | 113.66 | 176.34 | 190.71 | 212.37 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.72% | 18.24% | 17.40% | 22.39% | 25.00% | 17.84% | 12.62% | 15.42% | 14.39% | 14.19% |
| Net Margin % | 3.70% | 5.69% | 5.01% | 8.33% | 10.64% | 7.46% | 3.75% | 5.91% | 6.19% | 5.91% |
| ROE % | 10.43% | 15.50% | 11.27% | 16.87% | 20.79% | 16.85% | 9.24% | 15.72% | 15.23% | 15.05% |
| ROCE % | 11.84% | 13.42% | 12.72% | 16.87% | 20.01% | 16.75% | 10.52% | 16.04% | 15.07% | 14.89% |
| 2.73% | 4.41% | 3.75% | 6.02% | 7.51% | 6.29% | 3.37% | 5.62% | 5.54% | 5.62% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 16 | 16 | 17 | 17 | 17 | 16 | 15 | 14 | 18 | 17 |
| Inventory Days | 41 | 42 | 42 | 41 | 40 | 39 | 36 | 29 | 31 | 29 |
| Payable Days | 185 | 249 | 227 | 193 | 186 | 186 | 176 | 169 | 179 | 189 |
| -127 | -191 | -167 | -135 | -128 | -131 | -125 | -126 | -131 | -142 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.94x | 1.49x | 1.10x | 1.08x | 0.91x | 0.89x | 1.07x | 0.98x | 0.97x | 0.86x |
| Interest Coverage (x) | 1.94x | 2.35x | 2.58x | 3.66x | 5.32x | 4.76x | 3.01x | 3.59x | 3.71x | 4.40x |
| 1.15x | 1.26x | 1.25x | 1.22x | 1.54x | 1.32x | 1.27x | 1.28x | 1.28x | 0.93x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 6.23% | 20.69% | 8.35% | 10.32% | 13.87% | 20.96% | 21.64% | 18.89% | 2.80% | 15.52% |
| Operating Profit Growth % | 38.35% | 11.04% | -0.08% | 41.97% | 27.17% | -1.60% | -13.76% | 57.30% | -0.22% | 16.76% |
| Net Profit Growth % | 213.61% | 66.07% | -7.69% | 83.36% | 45.45% | -3.40% | -38.71% | 89.74% | 10.41% | 13.28% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 86.71% | 8.89% | 15.26% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 39.83x | 44.26x | 39.53x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.87x | 6.26x | 5.58x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.49% | 0.30% | 0.39% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.26x | 19.38x | 17.46x |
Mar 2017
- EPS (₹)
- 25.42
- Book Value (₹)
- 244.64
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 55.62
- Operating Margin %
- 17.72%
- Net Margin %
- 3.70%
- ROE %
- 10.43%
- ROCE %
- 11.84%
- 2.73%
- Debtor Days
- 16
- Inventory Days
- 41
- Payable Days
- 185
- -127
- Debt to Equity (x)
- 1.94x
- Interest Coverage (x)
- 1.94x
- 1.15x
- Revenue Growth %
- 6.23%
- Operating Profit Growth %
- 38.35%
- Net Profit Growth %
- 213.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 41.41
- Book Value (₹)
- 282.42
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 73.92
- Operating Margin %
- 18.24%
- Net Margin %
- 5.69%
- ROE %
- 15.50%
- ROCE %
- 13.42%
- 4.41%
- Debtor Days
- 16
- Inventory Days
- 42
- Payable Days
- 249
- -191
- Debt to Equity (x)
- 1.49x
- Interest Coverage (x)
- 2.35x
- 1.26x
- Revenue Growth %
- 20.69%
- Operating Profit Growth %
- 11.04%
- Net Profit Growth %
- 66.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 34.99
- Book Value (₹)
- 349.72
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 65.35
- Operating Margin %
- 17.40%
- Net Margin %
- 5.01%
- ROE %
- 11.27%
- ROCE %
- 12.72%
- 3.75%
- Debtor Days
- 17
- Inventory Days
- 42
- Payable Days
- 227
- -167
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- 2.58x
- 1.25x
- Revenue Growth %
- 8.35%
- Operating Profit Growth %
- -0.08%
- Net Profit Growth %
- -7.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 63.73
- Book Value (₹)
- 391.84
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 99.83
- Operating Margin %
- 22.39%
- Net Margin %
- 8.33%
- ROE %
- 16.87%
- ROCE %
- 16.87%
- 6.02%
- Debtor Days
- 17
- Inventory Days
- 41
- Payable Days
- 193
- -135
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 3.66x
- 1.22x
- Revenue Growth %
- 10.32%
- Operating Profit Growth %
- 41.97%
- Net Profit Growth %
- 83.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 91.85
- Book Value (₹)
- 483.61
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 130.62
- Operating Margin %
- 25.00%
- Net Margin %
- 10.64%
- ROE %
- 20.79%
- ROCE %
- 20.01%
- 7.51%
- Debtor Days
- 17
- Inventory Days
- 40
- Payable Days
- 186
- -128
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 5.32x
- 1.54x
- Revenue Growth %
- 13.87%
- Operating Profit Growth %
- 27.17%
- Net Profit Growth %
- 45.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 88.93
- Book Value (₹)
- 559.72
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 132.22
- Operating Margin %
- 17.84%
- Net Margin %
- 7.46%
- ROE %
- 16.85%
- ROCE %
- 16.75%
- 6.29%
- Debtor Days
- 16
- Inventory Days
- 39
- Payable Days
- 186
- -131
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 4.76x
- 1.32x
- Revenue Growth %
- 20.96%
- Operating Profit Growth %
- -1.60%
- Net Profit Growth %
- -3.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 54.82
- Book Value (₹)
- 606.19
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 113.66
- Operating Margin %
- 12.62%
- Net Margin %
- 3.75%
- ROE %
- 9.24%
- ROCE %
- 10.52%
- 3.37%
- Debtor Days
- 15
- Inventory Days
- 36
- Payable Days
- 176
- -125
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 3.01x
- 1.27x
- Revenue Growth %
- 21.64%
- Operating Profit Growth %
- -13.76%
- Net Profit Growth %
- -38.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 102.35
- Book Value (₹)
- 694.60
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 176.34
- Operating Margin %
- 15.42%
- Net Margin %
- 5.91%
- ROE %
- 15.72%
- ROCE %
- 16.04%
- 5.62%
- Debtor Days
- 14
- Inventory Days
- 29
- Payable Days
- 169
- -126
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 3.59x
- 1.28x
- Revenue Growth %
- 18.89%
- Operating Profit Growth %
- 57.30%
- Net Profit Growth %
- 89.74%
- 86.71%
- P/E (x)
- 39.83x
- P/B (x)
- 5.87x
- Dividend Yield %
- 0.49%
- 16.26x
Mar 2025
- EPS (₹)
- 111.44
- Book Value (₹)
- 788.01
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 190.71
- Operating Margin %
- 14.39%
- Net Margin %
- 6.19%
- ROE %
- 15.23%
- ROCE %
- 15.07%
- 5.54%
- Debtor Days
- 18
- Inventory Days
- 31
- Payable Days
- 179
- -131
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 3.71x
- 1.28x
- Revenue Growth %
- 2.80%
- Operating Profit Growth %
- -0.22%
- Net Profit Growth %
- 10.41%
- 8.89%
- P/E (x)
- 44.26x
- P/B (x)
- 6.26x
- Dividend Yield %
- 0.30%
- 19.38x
Mar 2026
- EPS (₹)
- 128.44
- Book Value (₹)
- 910.74
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 212.37
- Operating Margin %
- 14.19%
- Net Margin %
- 5.91%
- ROE %
- 15.05%
- ROCE %
- 14.89%
- 5.62%
- Debtor Days
- 17
- Inventory Days
- 29
- Payable Days
- 189
- -142
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- 4.40x
- 0.93x
- Revenue Growth %
- 15.52%
- Operating Profit Growth %
- 16.76%
- Net Profit Growth %
- 13.28%
- 15.26%
- P/E (x)
- 39.53x
- P/B (x)
- 5.58x
- Dividend Yield %
- 0.39%
- 17.46x
Documents
Announcements
- Action(s) initiated or orders passed
2026-08-14 - JK Cement Limited has informed the Exchange about order received from ROC
- General Updates
2026-08-12 - JK Cement Limited has informed the Exchange about General Updates -Commissioning Of J.K. White Nathdwara, Rajasthan
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
May 2026
Jan 2026