JK Lakshmi Cement Ltd
NSE: JKLAKSHMI · Cement & Cement Products · sector
₹472.60NSE close 2026-10-26
Key numbers
Market cap₹5,869 cr
Price₹472.60
52w high / low₹885 / ₹461
P/E15.9xSector median 21.5x
P/B1.5xSector median 1.4x
Book value₹312.9
Dividend yield1.30%Sector median 0.64%
ROE10.1%Sector median 7.3%
ROCE11.2%Sector median 6.3%
OPM13.6%Sector median 10.9%
Debt / equity0.64xSector median 0.48x
EV/EBITDA7.6xSector median 14.1x
Interest cover3.4x
Current ratio1.29x
Sales growth 3y+1.6%Sector median +1.9%
Profit growth 3y+4.7%Sector median +16.8%
PEG5.51x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,230 cr vs borrowings ₹2,491 cr (FY26): borrowings are higher by ₹1,261 cr.
- Operating profit covered interest 3.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 29% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹472.60 on 2026-10-26: -46.6% from the 52-week high, +2.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,008.35 · low ₹467.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,234 | 1,497 | 1,898 | 1,741 | 1,532 | 1,588 | 1,902 | 1,905 |
| EBITDA | 89 | 202 | 351 | 311 | 208 | 186 | 286 | 259 |
| OPM % | 7.2% | 13.5% | 18.5% | 17.9% | 13.6% | 11.7% | 15.0% | 13.6% |
| Other income | 8 | 9 | 16 | 22 | 23 | 29 | 38 | 15 |
| Net profit | -14 | 59 | 184 | 150 | 81 | 57 | 124 | 108 |
| EPS (₹) | -1.19 | 5.05 | 15.60 | 12.10 | 6.51 | 4.58 | 9.99 | 8.70 |
| Revenue YoY | +24.1% | +6.1% | +0.2% | +9.4% | ||||
| Profit YoY | – | -4.2% | -32.4% | -28.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5,420 | 6,452 | 6,788 | 6,193 | 6,763 | 6,926 |
| EBITDA | 924 | 839 | 1,061 | 865 | 992 | 939 |
| Net profit | 464 | 359 | 472 | 299 | 412 | 370 |
| EPS (₹) | 39.39 | 30.48 | 40.10 | 25.43 | 33.19 | 29.78 |
| Revenue growth | +19.0% | +5.2% | -8.8% | +9.2% | +8.7% | |
| Profit growth | -22.6% | +31.6% | -36.6% | +37.7% | -2.4% | |
| Dividend / share (₹) | 3.75 | 5.00 | 5.75 | 4.50 | 6.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.6% | +7.4% | +8.7% |
| Net profit | +4.7% | +0.3% | -2.4% |
| EPS | +2.9% | -0.7% | – |
| Share price | – | -23.0% (2y) | -42.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,804 | 3,187 | 3,471 | 3,886 |
| Borrowings | – | 1,846 | 2,025 | 2,527 | 2,491 |
| Cash & equivalents | – | 850 | 640 | 796 | 1,230 |
| Total assets | – | 6,541 | 7,650 | 8,479 | 8,548 |
| Fixed assets | – | 3,334 | 4,630 | 5,107 | 5,215 |
| Capital work in progress | – | 890 | 383 | 278 | 277 |
| Investments | – | 2 | 24 | 24 | 30 |
| Receivables | – | 65 | 44 | 107 | 111 |
| Inventory | – | 842 | 991 | 865 | 645 |
| Payables | – | 586 | 556 | 455 | 466 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 680 | 634 | 899 | 783 | 1,082 |
| Cash from investing | -665 | -299 | -880 | -1,151 | -738 |
| Cash from financing | 11 | -266 | -35 | 318 | -354 |
| Capex | 375 | 737 | 1,011 | 661 | 709 |
| Free cash flow | 305 | -103 | -112 | 122 | 374 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.8% | 14.8% | 8.6% | 10.6% |
| ROCE % | – | 14.4% | 16.9% | 10.2% | 12.2% |
| Debtor days | – | 4 | 2 | 6 | 6 |
| Inventory days | – | 236 | 249 | 256 | 184 |
| Payable days | – | 164 | 140 | 134 | 133 |
| Cash conversion cycle (days) | – | 76 | 111 | 128 | 57 |
| Working capital days | – | 16 | -11 | -6 | 29 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 45.12% |
| FIIs | 8.67% |
| DIIs | 25.38% |
| of which Mutual funds | 22.68% |
| of which Insurance | 2.01% |
| Government | 0.00% |
| Public (non-institutions) | 20.83% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 46.34% | 46.34% | 45.12% | 45.12% | 45.12% | 45.12% | 45.12% | 45.12% |
| Promoter group | % |
|---|---|
| Bengal & Assam Company Ltd | 42.74% |
| Dr. Raghupati Singhania | 0.45% |
| YPL Enterprises Private Limited | 0.37% |
| Smt. Vinita Singhania | 0.33% |
| Shri Vikram Pati Singhania | 0.20% |
| Shri Harsh Pati Singhania | 0.19% |
| Shri Anshuman Singhania | 0.16% |
| Shri Shrivats Singhania | 0.16% |
| JK Paper Limited | 0.15% |
| Smt. Sunanda Singhania | 0.14% |
| Shri Bharat Hari Singhania | 0.12% |
| Smt. Sharda Singhania | 0.03% |
| Smt. Swati Singhania | 0.02% |
| Smt. Mamta Singhania | 0.02% |
| Sidhivinayak Trading and Investment Limited | 0.02% |
| Public holders above 1% | % |
|---|---|
| ICICI Prudential Mutual Fund - ICICI Prudential Rural Opportunities Fund | 6.60% |
| HDFC Mutual Fund - HDFC BSE 500 ETF | 4.34% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small CAP Fund | 3.46% |
| Inevsco India Smallcap Fund | 2.57% |
| Bandhan Flexi CAP Fund | 1.59% |
| Canara Robeco Mutual Fund A/C GAD1 | 1.55% |
| Sachin Bansal | 1.20% |
| General Insurance Corporation of India | 1.03% |
1,67,245 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| JKLAKSHMI | ₹5,869 cr | 15.9x | 1.5x | 10.1% | 11.2% | 13.6% | +1.6% | 1.30% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 6.50 Per Share |
| 2025-06-12 | Dividend | Dividend - Rs 6.50 Per Share |
| 2024-08-09 | Dividend | Annual General Meeting/Dividend - Rs 4.5 Per Share |
| 2024-02-21 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2023-08-11 | Dividend | Annual General Meeting/Dividend - Rs 3.75 Per Share |
| 2022-08-04 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2021-08-12 | Dividend | Annual General Meeting/Dividend - Rs 3.75 Per Share |
| 2020-08-20 | Other | Annual General Meeting |
| 2020-03-19 | Dividend | Interim Dividend - Rs 2.5 Per Share |
| 2019-08-22 | Dividend | Dividend Re - 0.75 Per Share |
| 2018-08-30 | Dividend | Dividend Re 0.75 Per Share |
| 2017-08-30 | Dividend | Annual General Meeting/Dividend - Re 0.75 Per Share |
| 2016-08-29 | Dividend | Annual General Meeting/Dividend - Re 0.25/- Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2014-08-27 | Dividend | Annual General Meeting / Dividend - Rs 2/- Per Share |
| 2013-07-25 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2012-07-30 | Dividend | Annual General Meeting/Dividend Rs 2 Per Share |
| 2011-07-08 | Dividend | Annual General Meeting And Dividend Rs.1.25 Per Share |
| 2010-07-06 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2009-12-17 | Split | Fv Split Rs.10 To Rs.5 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Cement Manufacturing: Cement Manufacturing & Selling
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | JKLAKSHMI |
| BSE code | 500380 |
| ISIN | INE786A01032 |
| Face value | ₹5.0 |
| Incorporated | 1938-08-06 |
| Website | www.jklakshmicement.com |
| Plants (India / abroad) | 7 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.