JK Cement Ltd.
•₹ 5,250-0.3%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.12x)
- Company has delivered good sales growth of 15.4% CAGR over last 5 years
- Working capital cycle has improved - days down from 25 to -11
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 31.2% versus prior year
- Recurring exceptional / one-off items are inflating headline profit
- Stock is trading at 5.6x its book value
- Though reporting repeated profits, the company pays out little dividend (15.0%)
* 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 | 11594.95 | 40.01 | 341679.03 | 2.07 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 411.00 | 23.33 | 102125.99 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24484.95 | 54.20 | 88343.53 | 0.61 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5257.55 | 42.96 | 40624.17 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1897.20 | 38.14 | 35585.01 | 0.47 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1300.90 | 12.80 | 24429.25 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 906.85 | 33.23 | 21428.17 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 125.10 | 22.43 | 17055.70 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | INDIACEM | 370.70 | 124.21 | 11487.89 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 10. | NUVOCO | 321.60 | 29.76 | 11486.14 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 11. | STARCEMENT | 194.30 | 21.24 | 7853.23 | 0.51 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | JKLAKSHMI | 557.70 | 18.72 | 6923.53 | 1.17 | 108.07 | -27.90 | 1904.78 | 9.41 | 12.36 | 13.63 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,624 | 2,571 | 2,785 | 2,939 | 2,643 | 2,410 | 2,739 | 3,378 | 3,150 | 2,859 | 3,213 | 3,684 | 3,866 | |
| 2,221 | 2,124 | 2,176 | 2,391 | 2,164 | 2,140 | 2,253 | 2,642 | 2,476 | 2,419 | 2,677 | 3,014 | 3,483 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 29 | 28 | 35 | 43 | 44 | 37 | 44 | 45 | 55 | 49 | 46 | 43 | 40 |
| Interest | 105 | 109 | 111 | 111 | 107 | 120 | 114 | 109 | 106 | 103 | 110 | 96 | 112 |
| Depreciation | 118 | 120 | 118 | 131 | 124 | 128 | 126 | 139 | 123 | 125 | 150 | 156 | 143 |
| 194 | 246 | 415 | 358 | 292 | 60 | 290 | 588 | 501 | 261 | 276 | 460 | 423 | |
| Tax % | 34.73% | 27.18% | 30.23% | 34.14% | 30.53% | 32.51% | 31.02% | 29.79% | 33.04% | 32.55% | 34.49% | 25.05% | 31.23% |
| Net Profit | 126 | 179 | 289 | 236 | 203 | 40 | 200 | 413 | 336 | 176 | 181 | 345 | 291 |
| 16 | 23 | 37 | 31 | 26 | 5 | 26 | 53 | 43 | 23 | 23 | 45 | 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
- 2,624
- 2,221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 105
- Depreciation
- 118
- 194
- Tax %
- 34.73%
- Net Profit
- 126
- 16
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 2,571
- 2,124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 109
- Depreciation
- 120
- 246
- Tax %
- 27.18%
- Net Profit
- 179
- 23
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,785
- 2,176
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 111
- Depreciation
- 118
- 415
- Tax %
- 30.23%
- Net Profit
- 289
- 37
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,939
- 2,391
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 111
- Depreciation
- 131
- 358
- Tax %
- 34.14%
- Net Profit
- 236
- 31
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,643
- 2,164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 107
- Depreciation
- 124
- 292
- Tax %
- 30.53%
- Net Profit
- 203
- 26
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 2,410
- 2,140
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 120
- Depreciation
- 128
- 60
- Tax %
- 32.51%
- Net Profit
- 40
- 5
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,739
- 2,253
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 114
- Depreciation
- 126
- 290
- Tax %
- 31.02%
- Net Profit
- 200
- 26
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 3,378
- 2,642
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 109
- Depreciation
- 139
- 588
- Tax %
- 29.79%
- Net Profit
- 413
- 53
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 3,150
- 2,476
- Operating Profit
- —
- OPM %
- —
- Other Income
- 55
- Interest
- 106
- Depreciation
- 123
- 501
- Tax %
- 33.04%
- Net Profit
- 336
- 43
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2,859
- 2,419
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 103
- Depreciation
- 125
- 261
- Tax %
- 32.55%
- Net Profit
- 176
- 23
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 3,213
- 2,677
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 110
- Depreciation
- 150
- 276
- Tax %
- 34.49%
- Net Profit
- 181
- 23
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 3,684
- 3,014
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 96
- Depreciation
- 156
- 460
- Tax %
- 25.05%
- Net Profit
- 345
- 45
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 3,866
- 3,483
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 112
- Depreciation
- 143
- 423
- Tax %
- 31.23%
- Net Profit
- 291
- 4
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,756 | 4,591 | 4,981 | 5,464 | 6,328 | 7,679 | 9,310 | 10,918 | 11,187 | 12,945 | 13,621 | |
| 3,069 | 3,831 | 4,171 | 4,282 | 4,814 | 6,197 | 7,990 | 8,913 | 9,219 | 10,627 | 11,593 | |
| Operating Profit | 793 | 888 | 890 | 1,267 | 1,627 | 1,625 | 1,406 | 2,140 | 2,138 | 2,512 | — |
| OPM % | 21 | 19 | 18 | 23 | 26 | 21 | 15 | 20 | 19 | 19 | — |
| Other Income | 107 | 128 | 80 | 86 | 113 | 143 | 85 | 135 | 170 | 193 | 178 |
| Interest | 273 | 245 | 222 | 223 | 223 | 249 | 296 | 437 | 450 | 416 | 422 |
| Depreciation | 176 | 186 | 194 | 214 | 245 | 282 | 392 | 486 | 518 | 556 | 575 |
| 324 | 440 | 474 | 652 | 993 | 964 | 718 | 1,212 | 1,225 | 1,494 | 1,419 | |
| Tax % | 35 | 22 | 31 | 39 | 39 | 35 | 30 | 31 | 31 | 31 | 30 |
| Net Profit | 211 | 342 | 325 | 400 | 603 | 631 | 503 | 831 | 851 | 1,033 | 992 |
| EPS | 30 | 49 | 45 | 52 | 78 | 82 | 65 | 107 | 110 | 134 | — |
| Dividend Payout % | 27 | 20 | 24 | 14 | 19 | 18 | 23 | 19 | 14 | 15 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 30 | 49 | 42 | 52 | 78 | 82 | 65 | 107 | 110 | 134 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 30 | 49 | 42 | 52 | 78 | 82 | 65 | 107 | 110 | 134 | — |
Mar 2017
- 3,756
- 3,069
- Operating Profit
- 793
- OPM %
- 21
- Other Income
- 107
- Interest
- 273
- Depreciation
- 176
- 324
- Tax %
- 35
- Net Profit
- 211
- EPS
- 30
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2018
- 4,591
- 3,831
- Operating Profit
- 888
- OPM %
- 19
- Other Income
- 128
- Interest
- 245
- Depreciation
- 186
- 440
- Tax %
- 22
- Net Profit
- 342
- EPS
- 49
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 49
Mar 2019
- 4,981
- 4,171
- Operating Profit
- 890
- OPM %
- 18
- Other Income
- 80
- Interest
- 222
- Depreciation
- 194
- 474
- Tax %
- 31
- Net Profit
- 325
- EPS
- 45
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
Mar 2020
- 5,464
- 4,282
- Operating Profit
- 1,267
- OPM %
- 23
- Other Income
- 86
- Interest
- 223
- Depreciation
- 214
- 652
- Tax %
- 39
- Net Profit
- 400
- EPS
- 52
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
Mar 2021
- 6,328
- 4,814
- Operating Profit
- 1,627
- OPM %
- 26
- Other Income
- 113
- Interest
- 223
- Depreciation
- 245
- 993
- Tax %
- 39
- Net Profit
- 603
- EPS
- 78
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 78
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 78
Mar 2022
- 7,679
- 6,197
- Operating Profit
- 1,625
- OPM %
- 21
- Other Income
- 143
- Interest
- 249
- Depreciation
- 282
- 964
- Tax %
- 35
- Net Profit
- 631
- EPS
- 82
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 82
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 82
Mar 2023
- 9,310
- 7,990
- Operating Profit
- 1,406
- OPM %
- 15
- Other Income
- 85
- Interest
- 296
- Depreciation
- 392
- 718
- Tax %
- 30
- Net Profit
- 503
- EPS
- 65
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 65
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 65
Mar 2024
- 10,918
- 8,913
- Operating Profit
- 2,140
- OPM %
- 20
- Other Income
- 135
- Interest
- 437
- Depreciation
- 486
- 1,212
- Tax %
- 31
- Net Profit
- 831
- EPS
- 107
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 107
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 107
Mar 2025
- 11,187
- 9,219
- Operating Profit
- 2,138
- OPM %
- 19
- Other Income
- 170
- Interest
- 450
- Depreciation
- 518
- 1,225
- Tax %
- 31
- Net Profit
- 851
- EPS
- 110
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 110
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 110
Mar 2026
- 12,945
- 10,627
- Operating Profit
- 2,512
- OPM %
- 19
- Other Income
- 193
- Interest
- 416
- Depreciation
- 556
- 1,494
- Tax %
- 31
- Net Profit
- 1,033
- EPS
- 134
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 134
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 134
TTM
- 13,621
- 11,593
- Operating Profit
- —
- OPM %
- —
- Other Income
- 178
- Interest
- 422
- Depreciation
- 575
- 1,419
- Tax %
- 30
- Net Profit
- 992
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 15%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 26%
- 5 Years:
- 11%
- 3 Years:
- 27%
STOCK PRICE CAGR
- 10 Years:
- 21%
- 5 Years:
- 11%
- 3 Years:
- 19%
- 1 Year:
- -26%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 15%
- 3 Years:
- 16%
- Last Year:
- 16%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 1,802 | 2,077 | 2,816 | 3,052 | 3,656 | 4,174 | 4,562 | 5,276 | 5,966 | 6,883 | |
| 355 | 277 | 396 | 473 | 300 | 744 | 808 | 690 | 812 | 939 | |
| Trade Payables | 378 | 643 | 407 | 453 | 550 | 669 | 753 | 758 | 949 | 1,029 |
| 3,239 | 3,010 | 3,355 | 3,972 | 4,893 | 4,677 | 6,622 | 7,482 | 8,549 | 9,029 | |
| Total Liabilities | 5,843 | 6,078 | 7,051 | 8,026 | 9,476 | 10,342 | 12,823 | 14,285 | 16,355 | 17,958 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 3,680 | 3,597 | 3,635 | 4,468 | 4,809 | 5,368 | 7,301 | 8,082 | 8,480 | 10,205 | |
| Capital Work in Progress | 105 | 88 | 556 | 509 | 489 | 71 | 590 | 415 | 1,313 | 1,046 |
| 536 | 635 | 1,005 | 566 | 807 | 1,745 | 1,016 | 1,480 | 1,698 | 1,758 | |
| 498 | 532 | 558 | 627 | 687 | 1,114 | 864 | 1,068 | 1,015 | 1,347 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 460 | 672 | 617 | |
| Cash & Bank | 427 | 544 | 430 | 631 | 1,162 | 283 | 813 | 791 | 1,322 | 331 |
| 598 | 684 | 867 | 1,224 | 1,524 | 1,763 | 2,239 | 1,989 | 1,855 | 2,654 | |
| Total Assets | 5,843 | 6,078 | 7,051 | 8,026 | 9,476 | 10,342 | 12,823 | 14,285 | 16,355 | 17,958 |
| Total Debt | 2,643 | 2,354 | 2,359 | 2,760 | 2,980 | 3,227 | 4,917 | 5,178 | 5,859 | 6,049 |
| Net Working Capital | 208 | 372 | 459 | 496 | 1,250 | 854 | 859 | 994 | 922 | -472 |
| Contingent Liabilities | 1,097 | 1,122 | 1,146 | 1,147 | 733 | 1,037 | 425 | 883 | 656 | 498 |
| Book Value per Share | 267.64 | 307.08 | 374.38 | 404.94 | 483.13 | 550.25 | 600.45 | 692.82 | 782.15 | 900.83 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2,643 | 2,354 | 2,359 | 2,760 | 2,980 | 3,227 | 4,917 | 5,178 | 5,859 | 6,049 |
| Net Working Capital | 208 | 372 | 459 | 496 | 1,250 | 854 | 859 | 994 | 922 | -472 |
| Contingent Liabilities | 1,097 | 1,122 | 1,146 | 1,147 | 733 | 1,037 | 425 | 883 | 656 | 498 |
| Book Value per Share | 267.64 | 307.08 | 374.38 | 404.94 | 483.13 | 550.25 | 600.45 | 692.82 | 782.15 | 900.83 |
| 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
- 1,802
- 355
- Trade Payables
- 378
- 3,239
- Total Liabilities
- 5,843
- 3,680
- Capital Work in Progress
- 105
- 536
- 498
- 0
- Cash & Bank
- 427
- 598
- Total Assets
- 5,843
- Total Debt
- 2,643
- Net Working Capital
- 208
- Contingent Liabilities
- 1,097
- Book Value per Share
- 267.64
- Face Value
- 10.00
- Total Debt
- 2,643
- Net Working Capital
- 208
- Contingent Liabilities
- 1,097
- Book Value per Share
- 267.64
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 70
- 2,077
- 277
- Trade Payables
- 643
- 3,010
- Total Liabilities
- 6,078
- 3,597
- Capital Work in Progress
- 88
- 635
- 532
- 0
- Cash & Bank
- 544
- 684
- Total Assets
- 6,078
- Total Debt
- 2,354
- Net Working Capital
- 372
- Contingent Liabilities
- 1,122
- Book Value per Share
- 307.08
- Face Value
- 10.00
- Total Debt
- 2,354
- Net Working Capital
- 372
- Contingent Liabilities
- 1,122
- Book Value per Share
- 307.08
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 77
- 2,816
- 396
- Trade Payables
- 407
- 3,355
- Total Liabilities
- 7,051
- 3,635
- Capital Work in Progress
- 556
- 1,005
- 558
- 0
- Cash & Bank
- 430
- 867
- Total Assets
- 7,051
- Total Debt
- 2,359
- Net Working Capital
- 459
- Contingent Liabilities
- 1,146
- Book Value per Share
- 374.38
- Face Value
- 10.00
- Total Debt
- 2,359
- Net Working Capital
- 459
- Contingent Liabilities
- 1,146
- Book Value per Share
- 374.38
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 77
- 3,052
- 473
- Trade Payables
- 453
- 3,972
- Total Liabilities
- 8,026
- 4,468
- Capital Work in Progress
- 509
- 566
- 627
- 0
- Cash & Bank
- 631
- 1,224
- Total Assets
- 8,026
- Total Debt
- 2,760
- Net Working Capital
- 496
- Contingent Liabilities
- 1,147
- Book Value per Share
- 404.94
- Face Value
- 10.00
- Total Debt
- 2,760
- Net Working Capital
- 496
- Contingent Liabilities
- 1,147
- Book Value per Share
- 404.94
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 77
- 3,656
- 300
- Trade Payables
- 550
- 4,893
- Total Liabilities
- 9,476
- 4,809
- Capital Work in Progress
- 489
- 807
- 687
- 0
- Cash & Bank
- 1,162
- 1,524
- Total Assets
- 9,476
- Total Debt
- 2,980
- Net Working Capital
- 1,250
- Contingent Liabilities
- 733
- Book Value per Share
- 483.13
- Face Value
- 10.00
- Total Debt
- 2,980
- Net Working Capital
- 1,250
- Contingent Liabilities
- 733
- Book Value per Share
- 483.13
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 77
- 4,174
- 744
- Trade Payables
- 669
- 4,677
- Total Liabilities
- 10,342
- 5,368
- Capital Work in Progress
- 71
- 1,745
- 1,114
- 0
- Cash & Bank
- 283
- 1,763
- Total Assets
- 10,342
- Total Debt
- 3,227
- Net Working Capital
- 854
- Contingent Liabilities
- 1,037
- Book Value per Share
- 550.25
- Face Value
- 10.00
- Total Debt
- 3,227
- Net Working Capital
- 854
- Contingent Liabilities
- 1,037
- Book Value per Share
- 550.25
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 77
- 4,562
- 808
- Trade Payables
- 753
- 6,622
- Total Liabilities
- 12,823
- 7,301
- Capital Work in Progress
- 590
- 1,016
- 864
- 0
- Cash & Bank
- 813
- 2,239
- Total Assets
- 12,823
- Total Debt
- 4,917
- Net Working Capital
- 859
- Contingent Liabilities
- 425
- Book Value per Share
- 600.45
- Face Value
- 10.00
- Total Debt
- 4,917
- Net Working Capital
- 859
- Contingent Liabilities
- 425
- Book Value per Share
- 600.45
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 77
- 5,276
- 690
- Trade Payables
- 758
- 7,482
- Total Liabilities
- 14,285
- 8,082
- Capital Work in Progress
- 415
- 1,480
- 1,068
- 460
- Cash & Bank
- 791
- 1,989
- Total Assets
- 14,285
- Total Debt
- 5,178
- Net Working Capital
- 994
- Contingent Liabilities
- 883
- Book Value per Share
- 692.82
- Face Value
- 10.00
- Total Debt
- 5,178
- Net Working Capital
- 994
- Contingent Liabilities
- 883
- Book Value per Share
- 692.82
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 77
- 5,966
- 812
- Trade Payables
- 949
- 8,549
- Total Liabilities
- 16,355
- 8,480
- Capital Work in Progress
- 1,313
- 1,698
- 1,015
- 672
- Cash & Bank
- 1,322
- 1,855
- Total Assets
- 16,355
- Total Debt
- 5,859
- Net Working Capital
- 922
- Contingent Liabilities
- 656
- Book Value per Share
- 782.15
- Face Value
- 10.00
- Total Debt
- 5,859
- Net Working Capital
- 922
- Contingent Liabilities
- 656
- Book Value per Share
- 782.15
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 77
- 6,883
- 939
- Trade Payables
- 1,029
- 9,029
- Total Liabilities
- 17,958
- 10,205
- Capital Work in Progress
- 1,046
- 1,758
- 1,347
- 617
- Cash & Bank
- 331
- 2,654
- Total Assets
- 17,958
- Total Debt
- 6,049
- Net Working Capital
- -472
- Contingent Liabilities
- 498
- Book Value per Share
- 900.83
- Face Value
- 10.00
- Total Debt
- 6,049
- Net Working Capital
- -472
- Contingent Liabilities
- 498
- Book Value per Share
- 900.83
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 712 | 790 | 711 | 1,099 | 1,569 | 1,009 | 1,402 | 1,895 | 2,028 | 1,839 | |
| Cash from Investing | -655 | -131 | -863 | -1,311 | -1,515 | -906 | -2,072 | -1,740 | -1,995 | -1,709 |
| Cash from Financing | -302 | -598 | 207 | 11 | -6 | -123 | 811 | -297 | 122 | -357 |
| -246 | 61 | 55 | -201 | 48 | -19 | 142 | -142 | 154 | -227 | |
| Free Cash Flow | 459 | 741 | 17 | 142 | 1,050 | 651 | -1,422 | 873 | 228 | -142 |
| OCF / Net Profit | 3.38 | 2.31 | 2.19 | 2.74 | 2.60 | 1.60 | 2.79 | 2.28 | 2.38 | 1.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,410 | 2,602 | 439 | 1,295 | 1,380 | 188 |
| OCF / Net Profit | 3.38 | 2.31 | 2.19 | 2.74 | 2.60 | 1.60 | 2.79 | 2.28 | 2.38 | 1.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,410 | 2,602 | 439 | 1,295 | 1,380 | 188 |
Mar 2017
- 712
- Cash from Investing
- -655
- Cash from Financing
- -302
- -246
- Free Cash Flow
- 459
- OCF / Net Profit
- 3.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.38
- Cumulative 5-Year FCF
- 0
Mar 2018
- 790
- Cash from Investing
- -131
- Cash from Financing
- -598
- 61
- Free Cash Flow
- 741
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
Mar 2019
- 711
- Cash from Investing
- -863
- Cash from Financing
- 207
- 55
- Free Cash Flow
- 17
- OCF / Net Profit
- 2.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,099
- Cash from Investing
- -1,311
- Cash from Financing
- 11
- -201
- Free Cash Flow
- 142
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,569
- Cash from Investing
- -1,515
- Cash from Financing
- -6
- 48
- Free Cash Flow
- 1,050
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 2,410
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 2,410
Mar 2022
- 1,009
- Cash from Investing
- -906
- Cash from Financing
- -123
- -19
- Free Cash Flow
- 651
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- 2,602
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- 2,602
Mar 2023
- 1,402
- Cash from Investing
- -2,072
- Cash from Financing
- 811
- 142
- Free Cash Flow
- -1,422
- OCF / Net Profit
- 2.79
- Cumulative 5-Year FCF
- 439
- OCF / Net Profit
- 2.79
- Cumulative 5-Year FCF
- 439
Mar 2024
- 1,895
- Cash from Investing
- -1,740
- Cash from Financing
- -297
- -142
- Free Cash Flow
- 873
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 1,295
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 1,295
Mar 2025
- 2,028
- Cash from Investing
- -1,995
- Cash from Financing
- 122
- 154
- Free Cash Flow
- 228
- OCF / Net Profit
- 2.38
- Cumulative 5-Year FCF
- 1,380
- OCF / Net Profit
- 2.38
- Cumulative 5-Year FCF
- 1,380
Mar 2026
- 1,839
- Cash from Investing
- -1,709
- Cash from Financing
- -357
- -227
- Free Cash Flow
- -142
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- 188
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- 188
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 30.14 | 48.89 | 42.05 | 51.82 | 78.02 | 81.62 | 65.06 | 107.50 | 110.17 | 133.73 |
| Book Value (₹) | 267.64 | 307.08 | 374.38 | 404.94 | 483.13 | 550.25 | 600.45 | 692.82 | 782.15 | 900.83 |
| 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 (₹) | 55.33 | 75.53 | 67.20 | 79.56 | 109.68 | 118.12 | 115.82 | 170.38 | 177.21 | 205.73 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.10% | 18.67% | 17.87% | 23.20% | 25.71% | 18.48% | 13.17% | 15.84% | 14.59% | 14.75% |
| Net Margin % | 4.81% | 7.18% | 6.52% | 7.33% | 9.53% | 7.17% | 4.71% | 6.56% | 6.31% | 6.57% |
| ROE % | 11.84% | 17.01% | 12.89% | 13.30% | 17.57% | 15.80% | 11.31% | 16.62% | 14.94% | 15.89% |
| ROCE % | 13.50% | 15.20% | 14.27% | 15.71% | 19.29% | 17.09% | 11.90% | 16.42% | 14.93% | 15.33% |
| 3.70% | 5.74% | 4.95% | 5.31% | 6.89% | 6.36% | 4.34% | 6.13% | 5.56% | 6.02% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 13 | 13 | 14 | 14 | 16 | 15 | 14 | 13 | 15 | 15 |
| Inventory Days | 39 | 39 | 40 | 40 | 38 | 37 | 34 | 28 | 28 | 27 |
| Payable Days | 184 | 241 | 229 | 181 | 174 | 175 | 168 | 161 | 163 | 164 |
| -132 | -189 | -175 | -128 | -120 | -123 | -120 | -120 | -119 | -122 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.41x | 1.10x | 0.82x | 0.88x | 0.80x | 0.76x | 1.06x | 0.97x | 0.97x | 0.87x |
| Interest Coverage (x) | 2.19x | 2.79x | 3.13x | 3.93x | 5.45x | 4.86x | 3.43x | 3.78x | 3.72x | 4.59x |
| 1.18x | 1.29x | 1.30x | 1.28x | 1.62x | 1.37x | 1.32x | 1.32x | 1.25x | 0.89x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.63% | 22.25% | 8.50% | 9.69% | 15.82% | 21.34% | 21.25% | 17.27% | 2.47% | 15.72% |
| Operating Profit Growth % | 37.39% | 12.05% | 0.19% | 42.40% | 28.39% | -0.15% | -13.50% | 52.28% | -0.09% | 17.45% |
| Net Profit Growth % | 104.00% | 62.19% | -4.97% | 23.23% | 50.56% | 4.62% | -20.30% | 65.24% | 2.48% | 21.39% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 65.24% | 2.48% | 21.39% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 37.92x | 44.77x | 37.97x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.88x | 6.31x | 5.64x |
| 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 | 16.77x | 19.94x | 17.90x |
Mar 2017
- EPS (₹)
- 30.14
- Book Value (₹)
- 267.64
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 55.33
- Operating Margin %
- 18.10%
- Net Margin %
- 4.81%
- ROE %
- 11.84%
- ROCE %
- 13.50%
- 3.70%
- Debtor Days
- 13
- Inventory Days
- 39
- Payable Days
- 184
- -132
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- 2.19x
- 1.18x
- Revenue Growth %
- 5.63%
- Operating Profit Growth %
- 37.39%
- Net Profit Growth %
- 104.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 48.89
- Book Value (₹)
- 307.08
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 75.53
- Operating Margin %
- 18.67%
- Net Margin %
- 7.18%
- ROE %
- 17.01%
- ROCE %
- 15.20%
- 5.74%
- Debtor Days
- 13
- Inventory Days
- 39
- Payable Days
- 241
- -189
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- 2.79x
- 1.29x
- Revenue Growth %
- 22.25%
- Operating Profit Growth %
- 12.05%
- Net Profit Growth %
- 62.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 42.05
- Book Value (₹)
- 374.38
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 67.20
- Operating Margin %
- 17.87%
- Net Margin %
- 6.52%
- ROE %
- 12.89%
- ROCE %
- 14.27%
- 4.95%
- Debtor Days
- 14
- Inventory Days
- 40
- Payable Days
- 229
- -175
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 3.13x
- 1.30x
- Revenue Growth %
- 8.50%
- Operating Profit Growth %
- 0.19%
- Net Profit Growth %
- -4.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 51.82
- Book Value (₹)
- 404.94
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 79.56
- Operating Margin %
- 23.20%
- Net Margin %
- 7.33%
- ROE %
- 13.30%
- ROCE %
- 15.71%
- 5.31%
- Debtor Days
- 14
- Inventory Days
- 40
- Payable Days
- 181
- -128
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 3.93x
- 1.28x
- Revenue Growth %
- 9.69%
- Operating Profit Growth %
- 42.40%
- Net Profit Growth %
- 23.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 78.02
- Book Value (₹)
- 483.13
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 109.68
- Operating Margin %
- 25.71%
- Net Margin %
- 9.53%
- ROE %
- 17.57%
- ROCE %
- 19.29%
- 6.89%
- Debtor Days
- 16
- Inventory Days
- 38
- Payable Days
- 174
- -120
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 5.45x
- 1.62x
- Revenue Growth %
- 15.82%
- Operating Profit Growth %
- 28.39%
- Net Profit Growth %
- 50.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 81.62
- Book Value (₹)
- 550.25
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 118.12
- Operating Margin %
- 18.48%
- Net Margin %
- 7.17%
- ROE %
- 15.80%
- ROCE %
- 17.09%
- 6.36%
- Debtor Days
- 15
- Inventory Days
- 37
- Payable Days
- 175
- -123
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 4.86x
- 1.37x
- Revenue Growth %
- 21.34%
- Operating Profit Growth %
- -0.15%
- Net Profit Growth %
- 4.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 65.06
- Book Value (₹)
- 600.45
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 115.82
- Operating Margin %
- 13.17%
- Net Margin %
- 4.71%
- ROE %
- 11.31%
- ROCE %
- 11.90%
- 4.34%
- Debtor Days
- 14
- Inventory Days
- 34
- Payable Days
- 168
- -120
- Debt to Equity (x)
- 1.06x
- Interest Coverage (x)
- 3.43x
- 1.32x
- Revenue Growth %
- 21.25%
- Operating Profit Growth %
- -13.50%
- Net Profit Growth %
- -20.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 107.50
- Book Value (₹)
- 692.82
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 170.38
- Operating Margin %
- 15.84%
- Net Margin %
- 6.56%
- ROE %
- 16.62%
- ROCE %
- 16.42%
- 6.13%
- Debtor Days
- 13
- Inventory Days
- 28
- Payable Days
- 161
- -120
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 3.78x
- 1.32x
- Revenue Growth %
- 17.27%
- Operating Profit Growth %
- 52.28%
- Net Profit Growth %
- 65.24%
- 65.24%
- P/E (x)
- 37.92x
- P/B (x)
- 5.88x
- Dividend Yield %
- 0.49%
- 16.77x
Mar 2025
- EPS (₹)
- 110.17
- Book Value (₹)
- 782.15
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 177.21
- Operating Margin %
- 14.59%
- Net Margin %
- 6.31%
- ROE %
- 14.94%
- ROCE %
- 14.93%
- 5.56%
- Debtor Days
- 15
- Inventory Days
- 28
- Payable Days
- 163
- -119
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 3.72x
- 1.25x
- Revenue Growth %
- 2.47%
- Operating Profit Growth %
- -0.09%
- Net Profit Growth %
- 2.48%
- 2.48%
- P/E (x)
- 44.77x
- P/B (x)
- 6.31x
- Dividend Yield %
- 0.30%
- 19.94x
Mar 2026
- EPS (₹)
- 133.73
- Book Value (₹)
- 900.83
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 205.73
- Operating Margin %
- 14.75%
- Net Margin %
- 6.57%
- ROE %
- 15.89%
- ROCE %
- 15.33%
- 6.02%
- Debtor Days
- 15
- Inventory Days
- 27
- Payable Days
- 164
- -122
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 4.59x
- 0.89x
- Revenue Growth %
- 15.72%
- Operating Profit Growth %
- 17.45%
- Net Profit Growth %
- 21.39%
- 21.39%
- P/E (x)
- 37.97x
- P/B (x)
- 5.64x
- Dividend Yield %
- 0.39%
- 17.90x
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