āagman

Not investment advice. Data and computed figures, for information only.

J K Cements Ltd

NSE: JKCEMENT
₹4,899.00
+₹3.50 (+0.07%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹37,661 Cr
CMP
₹4,899.00
52-wk High / Low
₹6,715 / 4,672
P/E
38.6
P/B
5.4
Book Value
₹911.0
Div Yield
0.41%
ROCE
15.0%
ROE
15.6%
Face Value
₹10
D/E
0.88

Price−26.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹1,623
√(22.5 × EPS × book value per share)
ROIC
8.9%
vs 6.2% sector median
Cash flow to profit
1.90
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−445
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.1%
ROE × earnings retention ratio
ROE stability
2.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.01DII −0.03
Latest quarter vs the previous one
Cash-accrual divergence
−5.0%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 10% vs the 2023 sector median of 9%)
+FII holding rose by 1.3pp over the last year
+Piotroski F-Score of 7/9 is in the strong band (≥7)
Watch-outs
−Borrowings are up 86.1% since FY2016 (3323 to 6183)
−Price trades below its 200-day moving average (0.9x)
−Promoter holding fell by 0.2pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,7632,7532,9353,1062,8082,5602,9303,5813,3533,0193,4633,8884,032
Expenses2,3552,2862,3102,5462,3212,2762,4382,8162,6652,5732,9063,2053,384
Operating Profit408467625560486284492765688447557682648
OPM %14.8%17.0%21.3%18.0%17.3%11.1%16.8%21.4%20.5%14.8%16.1%17.5%16.1%
Other Income172938554514045465651−24139
Interest10911511411511012311211310910511398114
Depreciation135141140153147146146162146149175182167
Profit before tax181241409347273155279535489243268444406
Net Profit113176284220185136190361324159174331275
EPS (₹)14.8422.6936.7328.4423.9816.2824.5446.6441.9920.7822.6043.0835.91

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,4014,3624,0104,8545,2595,8026,6067,9919,72011,55611,87913,72214,401
Expenses2,9483,8163,2844,0644,4204,5565,0226,4788,3939,4859,84511,34412,067
Operating Profit4535467267898391,2461,5851,5131,3272,0712,0342,3792,334
OPM %13.3%12.5%18.1%16.3%16.0%21.5%24.0%18.9%13.7%17.9%17.1%17.3%16.2%
Other Income67507911076536711275129269142130
Interest229305303284261276253270312453459424430
Depreciation146197217231241288306342462573601653673
Profit before tax144942863834127341,0931,0136281,1741,2421,4441,361
Net Profit14255172286264483703679416790872988938
EPS (₹)20.548.2725.4241.4134.9964.2591.8588.9354.82102.35111.45128.45122.37

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital707070707777777777777777—
Reserves1,5471,5171,6411,9052,6252,9503,6594,2484,6075,2906,0126,960—
Borrowings3,2293,3233,3172,9412,9733,5033,6264,1155,2925,5526,0286,183—
Other Liabilities1,2051,2751,3831,5411,7372,0112,5092,9633,3313,8834,5645,280—
Total Liabilities6,0516,1856,4116,4567,4138,5429,87211,40313,30714,80216,68218,500—
Fixed Assets4,0744,2544,5424,4434,5375,5545,9376,5448,4679,2989,51911,586—
CWIP3373211271045745305091,0325924641,3171,055—
Investments3779801194384614221692377601447—
Other Assets1,6031,5321,6621,7891,8632,4123,2833,6124,1554,6625,2445,412—
Total Assets6,0516,1856,4116,4567,4138,5429,87211,40313,30714,80216,68218,500—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3642565807728837041,3671,5938781,3771,9591,9391,873
Cash from Investing Activity−1,558−478−408−668−79−825−1,483−1,348−984−1,964−1,626−1,890−1,667
Cash from Financing Activity1,227230−193−346−723173−108−13762741−41674−385
Net Cash Flow338−21−2428152−225108−44154−83123−178

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %7.08.08.012.014.013.017.020.017.010.016.014.015.0
ROE %————————————15.6
EPS (₹)11.0320.548.2725.4241.4134.9964.2591.8588.9354.82102.35111.45128.45
Book Value (₹)————————————911.0
Face Value (₹)————————————10
P/E————————————38.6
Div Yield %————————————0.41
NPM %2.74.11.24.25.84.98.210.58.44.26.87.27.1
OPM %13.013.013.018.016.016.021.024.019.014.018.017.017.0
D/E1.592.002.091.941.491.101.160.970.951.131.030.990.88
P/B————————————5.4

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+16.0%
3 years+12.0%
TTM+16.0%
Compounded profit growth
10 years+33.0%
5 years+7.0%
3 years+33.0%
TTM+6.0%
Stock price CAGR
10 years+18.0%
5 years+7.0%
3 years+14.0%
Last year−26.0%
Return on equity
10 years15.0%
5 years15.0%
3 years15.0%
Last year16.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters64.16%64.16%64.16%58.07%58.07%57.65%45.82%45.83%45.70%45.68%45.66%45.66%
FIIs11.26%11.26%10.31%10.04%12.42%16.86%16.47%15.54%15.92%16.14%16.86%16.85%
DIIs16.66%16.66%16.73%24.71%23.77%20.63%20.65%22.46%23.37%24.50%23.75%23.72%
Government————————————
Public7.91%7.91%8.79%7.18%5.75%4.86%17.06%16.17%14.99%13.68%13.73%13.76%
No. of shareholders82,07282,07271,19167,63167,10369,23890,70175,76377,58073,42882,01680,353
Change since Jun 2023 (pp)
Promoters −18.50FIIs +5.59DIIs +7.06Public +5.85

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBoard Meeting Intimation for Consider And Approve The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Second Quarter And Half Year Ended September 30, 2026.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDisclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTJan 2026TranscriptJan 2026PPTJan 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025PPT

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Rs 20 Per Share—
8 Jul 2025DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share—
9 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share/Special Dividend - Rs 5 Per Share—
1 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share—
2 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share—
3 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 15 Per Share—
11 Mar 2020DIVIDEND Interim Dividend - Rs 7.5 Per Share—
23 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 10 Per Share—
17 Jul 2018DIVIDEND Annual General Meeting / Dividend- Rs 10 Per Share—
18 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 8/- Per Share—
26 Jul 2016DIVIDEND Annual General Meeting/ Dividend - Rs 4/- Per Share—
20 Jul 2015DIVIDENDAnnual General Meeting/Dividend - Rs 4/- Per Share—
15 Jul 2013DIVIDENDAnnual General Meeting/Dividend Rs 6.50 Per Equity Share—
23 Jul 2012DIVIDENDAnnual General Meeting And Dividend Rs.5/- Per Share—
18 Jul 2011DIVIDENDAnnual General Meeting And Dividend Rs.2/- Per Share—
16 Jul 2010DIVIDENDAnnual General Meeting And Final Dividend Rs.3.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman