J

JK Cement Limited

JKCEMENTNSE
Market snapshot · 2026-08-10 19:49 UTC

5,387.50

+₹8.00 (+0.15%)

MARKET CAP

₹41.63K Cr

STOCK P/E

44.1x

52W HIGH

₹7,565.50

52W LOW

₹4,671.50

BOOK VALUE

₹910.76

EPS

₹122.11

ROE

SECTOR

Materials

DEBT/EQUITY

87.52

VOLUME

17,379

P/B RATIO

5.92x

PEG RATIO

0.94

Sector

Materials

Themes

Cement
D
Dividend
E
Earnings
₹6,975.54₹6,441.78₹5,908.01₹5,374.25₹4,840.48VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

JK Cement is a cement and related-products manufacturer serving Indian and international markets. Grey cement and white cement anchor revenue, while JKMaxx paints, wall putty, adhesives, grouts, wood finishes, and construction chemicals extend the portfolio. Revenue grew 16.5% year-on-year, with profit increasing 15.3%, but no major recent development provides a distinct operational catalyst. Stable margins indicate limited near-term change in conversion economics. ROE is unavailable, preventing a direct return assessment; however, debt/equity of 87.52 implies substantial leverage can amplify ROE while increasing financial risk. The company trades at 44.1 times earnings, a rich valuation relative to its 16.5% revenue growth and 15.3% profit growth. The investment case therefore depends on sustained earnings expansion across cement, paints, and building-material products, despite neutral sentiment and elevated leverage.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for JKCEMENT.

28.00 analysts

Price Forecast

Current
₹5,388
High Target
₹7,400
▲ +37.4%
Median Target
₹6,290
▲ +16.8%
Low Target
₹4,200
▼ -22.0%
Now₹5,388High ₹7,400Median ₹6,290Low ₹4,200Aug '25Now12M Target
Price history (1Y)
Analyst target range
28 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹4,295 - ₹6,59180%
6M₹3,881 - ₹7,11380%
12M₹3,339 - ₹7,86480%
Realized vol: +33.4% · Drift: +0.6%

Revenue Forecast

₹ Cr
Jun '26Current₹3,866.0
Sep 2026 ETrend estimate range
High₹3,588.9Base₹3,323.1Low₹3,057.2
Sep '25: ₹2,859.0 · Dec '25: ₹3,213.0 · Mar '26: ₹3,684.0 · Jun '26: ₹3,866.0 · Sep '26: ₹3,323.1 · Dec '26: ₹3,734.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,859.03,213.03,684.03,866.03,323.13,734.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹37.66
Sep 2026 ETrend estimate range
High₹22.12Base₹19.75Low₹17.38
Sep '25: ₹22.75 · Dec '25: ₹23.37 · Mar '26: ₹44.59 · Jun '26: ₹37.66 · Sep '26: ₹19.75 · Dec '26: ₹20.29
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E22.7523.3744.5937.6619.7520.29
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
66%
Analyst Consensus
Weakening

From 28 analysts

Mean upside+16.2%

Fundamentals

Moderate

Fundamentals institutional score is 48 using growth durability 48.2.

Valuation

Fairly valued

Valuation institutional score is 67 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 62 using mean target upside 16.2%; dispersion penalty 20.4; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 90 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Neutral. valuation and technical structure provide support, while fundamentals remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Strong Trend

Key Data Points

Mean Target Price6,262.5 target
Mean Upside+16.2%
Technical Score91%
Fundamental Score48%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 14.5% above historical median. Valuation is rising — currently in the fair zone (z-score: +0.57). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹194.77. Applying the stock's normalized valuation corridor produces a fair range of ₹6,606.60 to ₹8,836.71, with base value near ₹7,490.85 (+39.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹194.77

Forward P/E

27.7x

Base Fair Value

₹7,490.85

Fair Range

₹6,606.60 - ₹8,836.71

Upside To Base

+39.0%

Estimate Source

Live forward EPS

Growth Estimate

-14.5%

P/E
Fair

5Y Average

33.39

Current

44.05

Overvalued

45.37

Undervalued

33.92

EV/EBITDA
Strongly Overvalued

5Y Average

15.26

Current

20.17

Overvalued

19.09

Undervalued

11.38

P/B
Strongly Undervalued

5Y Average

6.96

Current

5.92

Overvalued

8.00

Undervalued

5.91

Peers & Comparison

Sector: Materials · Theme: Cement

Cement Peers6 peers
Avg P/E: 58.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SHREE CEMENT LIMITED
SHREECEMCement
+5.2%14.5%
57.7x
Fair
-1% vs avg
-15.1%
+8.9%3.3%
31.2x
Undervalued
-47% vs avg
-22.4%
ACC LIMITED
ACCCement
-3.8%7.6%
13.4x
Undervalued
-77% vs avg
-23.7%
-0.5%2.1%
131.2x
Premium
+125% vs avg
+11.5%
JSW CEMENT LIMITED
JSWCEMENTCement
+13.1%-11.4%
-8.1%
+1.6%-9.5%
-15.8%
WHY THESE PEERS

JK CEMENT LIMITED trades at a discount (44.1x vs peer avg 58.4x), suggesting potential undervaluation relative to the Cement cohort. Peers include SHREE CEMENT LIMITED, NUVOCO VISTAS CORP LTD, ACC LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹3.87K CrJun 2026

Latest net profit

₹291 CrJun 2026

Latest EPS

₹37.66Jun 2026

Net margin

17.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%6.0%12.0%18.0%24.0%0.00 Cr1.00K Cr2.00K Cr3.00K Cr4.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr1.00K Cr2.00K Cr3.00K Cr4.00K Cr₹0₹15₹30₹45₹60
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr1.00K Cr2.00K Cr3.00K Cr4.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-6.00K Cr0.00 Cr6.00K Cr12.00K Cr18.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,6242,5712,7852,9392,6432,4102,7393,3433,1902,8593,2133,6843,866
Expenses +2,2212,1242,1762,3912,1642,1402,2532,6072,5172,4192,6773,0143,227
Operating Profit402447608548479271486736673440536670639
OPM %15%17%22%19%18%11%18%22%21%15%17%18%17%
Other Income +14283553443744995649-04340
Interest10510911111110712011410910610311096112
Depreciation118120118131124128126133125125150156143
Profit before tax19424641535829260290593498261276460423
Tax %35%27%30%34%31%33%31%30%33%33%34%25%31%
Net Profit +12617928923620340200417332176181345291
EPS in Rs16.3523.1637.4630.5426.235.2425.8554.0143.0322.7523.3744.5937.66
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +45.66%45.66%45.66%45.66%45.66%
FIIs +17.56%18.57%17.89%16.86%16.85%
DIIs +23.05%21.74%22.49%23.75%23.72%
Public +13.72%14.02%13.94%13.73%13.76%
Others0.01%0.01%0.02%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 06, 2026PDFCompany Reports Open

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Jul 31, 2026PDFCompany Reports Open

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Acquisition

Jul 29, 2026PDFCompany Reports Open