TickerSutra

NSE: JKCEMENT · BSE: 532644 · ISIN INE823G01014

JK Cement Limited stock analysis

JK Cement Limited ranks #1884 in the TickerSutra evidence-ranked universe with a score of 50/100 and 95% data confidence. The latest captured fundamentals show ROCE of 15.1%, quarterly sales growth of 20.3% and quarterly profit growth of -14.5%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE50/100

Monitor only

#1884 of 5,430 ranked equities
Market capitalisation₹38,664.22cr
ROCE15.1%
Quarterly sales growth20.3%
Quarterly profit growth-14.5%
P/E ratio39.6×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹7,991cr₹1,513cr₹679cr19.0%
2023₹9,720cr₹1,327cr₹416cr14.0%
2024₹11,556cr₹2,071cr₹790cr18.0%
2025₹11,879cr₹2,034cr₹872cr17.0%
2026₹13,722cr₹2,379cr₹988cr17.0%
TTM₹14,401cr₹2,334cr₹938cr16.0%
Debt / equity0.88×
CFO / EBITDA0.79×
Operating margin16.0%
Free cash flow₹-376cr
Sales CAGR · 3Y12.2%
Profit CAGR · 3Y33.4%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts1 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Management confidenceHigh severity · 1 mention
Constructive

And the EPS in this quarter was INR35.90 as compared to INR43.10 in the previous quarter and INR41.90 in the previous year. If we see the work on the projects, the greenfield project at Jaisalmer is progressing well and we are confident that it will get commissioned within the targeted timeframe of first half of FY28. And even the grinding unit at Bhatinda is progressing well.

Market share gainModerate severity · 3 mentions
Positive catalyst

We continue as far as the existing markets of North and South are concerned, I mean we continue to grow as per the market because in any case we do not have extra volume over there. So, we would have gained market share, right, this quarter based on whatever volume growth we have done? Ajay Saraogi: So, we have gained certain market share definitely in Central India in major of the regions and we have been able to ma

Capacity expansion plansLow severity · 5 mentions
Watch

And the EPS in this quarter was INR35.90 as compared to INR43.10 in the previous quarter and INR41.90 in the previous year. If we see the work on the projects, the greenfield project at Jaisalmer is progressing well and we are confident that it will get commissioned within the targeted timeframe of first half of FY28. And even the grinding unit at Bhatinda is progressing well.

Raw material inflationLow severity · 4 mentions
Watch

I have couple of questions, many questions are answered. So on a console basis if I see our raw material cost has increased. So is that the impact of diesel prices, the i ndustrial diesel prices or what is linked with it on per ton basis?

Pricing commentaryLow severity · 1 mention
Watch

Ajay Saraogi: So as of now there's no major variation. I mean, I think if we look at an average of Q1, the prices would be more or less same because some of the price increase took in in between in Q1. So keeping that in view, I think the prices are more or less same, flat as of now.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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