JK Lakshmi Cement Q1 FY27 Share Price & Earnings Call Analysis

₹461.25+0.38% today
Market cap
₹5,729 Cr
P/E
14.92
ROE
10.69%
PEG
3.23
Price to sales
0.81
Debt to equity
0.67
52W high / low
₹873 / ₹460
Sales growth (5Y)
7.42%
EBITDA margin
13.68%
Net profit margin
5.89%
Promoter holding
45.12%
Sales (last year)
₹6,926 Cr

JK Lakshmi Cement Ltd, a part of the JK group , is a manufacturer and supplier of Cement and related products like RMC & AAC Blocks in different states in India.[1]

Guidance scorecard · Q1 FY27 call

What JK Lakshmi Cement Ltd's management guided
and where it ranks in Cement & Cement Products

#10of 17 in
Cement & Cement Products

RevenueQ1 FY27 call

10–20%
  • JK Lakshmi Cement targets achieving 30 million tons of cement capacity by FY30, indicating ambitious volume growth plans.
  • The company is executing substantial capex (~INR 5,000 crores over next three years) focused on expansions in Durg (~INR 3,000 crores) and Northeast (~INR 1,500 crores) regions to support volume growth.
  • Q1 FY27 showed 8% volume growth, demonstrating positive momentum.
  • Non-cement revenue is expected to grow from INR 613 crores last year to about INR 800 crores plus in the current year, signaling diversification and revenue growth outside cement.

2 more points from JK Lakshmi Cement Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what JK Lakshmi Cement Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Total capex guidance over next three years: INR 5,000 crores
  • Capex spend on Durg so far: INR 400 crores
  • FY27 expected total capex: INR 1,500 crores
  • FY28 expected capex: INR 2,000 crores
  • FY29 expected capex: INR 1,500 crores
  • Capex excludes land acquisition costs for Kutch and Nagore, which are proceeding slowly
  • Progress on Northeast project involves auctions, mining plan submissions, environmental clearances, and grinding station site identification

2 more points from JK Lakshmi Cement Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what JK Lakshmi Cement Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

  • The discussion primarily focuses on capex plans, capacity expansions, cost structures, geo mix, and operational updates without referencing order book status.
  • Capex plans: INR 5000 crores over next three years, including INR 3000 crores for Durg and INR 1500 crores for Northeast expansion.
  • Northeast project and mining plans progressing as per schedule.

2 more points from JK Lakshmi Cement Ltd's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Cement & Cement Products
on management's own guidance

  1. BIGBLOC Const.Good growth
    2
  2. Strong growth
    1
  3. J K Cements LtdGood growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Cement & Cement Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹1.99L Cr34.6
2BIGBLOC Const.20–40%Up 2%+₹613 Cr364.4
3J K Cements Ltd20–40%Flat₹37,843 Cr38.8
410–20%Up 2%+₹1,289 Cr—
510–20%Flat₹3.21L Cr37.3
610–20%Flat₹83,058 Cr50.9

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Financials of JK Lakshmi Cement Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of JK Lakshmi Cement Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,8621,7301,5751,7031,7811,5641,2341,4971,8981,7411,5321,5881,902
Expenses +1,6291,5341,3571,4011,4451,3421,1531,2971,5461,4301,3241,3831,626
Operating Profit23319621730233622281199351311208205275
OPM %12%11%14%18%19%14%7%13%19%18%14%13%14%
Other Income +1711142626-201092322231038
Interest29333439454845454452515553
Depreciation59565766687275767777788584
Profit before tax16211914122325083-298725320410375177
Tax %29%33%32%33%35%31%8%14%31%27%22%24%29%
Net Profit +115809615016257-31751751508157125
EPS in Rs9.356.677.8812.2113.344.83-2.616.3714.9312.766.524.589.99

Financials of JK Lakshmi Cement Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +2,3162,6352,9223,7484,3164,3644,7275,4206,4526,7886,1936,763
Expenses +1,9632,3622,5523,3173,8633,5663,7894,4695,6135,7375,3295,762
Operating Profit3532733704324547989399518391,0528641,000
OPM %15%10%13%12%11%18%20%18%13%15%14%15%
Other Income +-3464129725916354158771193
Interest94222244264253225192142133150181211
Depreciation115166175207211220225223228246299324
Profit before tax109-51793249369556626534732394559
Tax %4%-108%-10%-33%17%31%24%24%31%33%30%26%
Net Profit +1054874341253421478369488276413
EPS in Rs8.750.117.294.694.3621.0834.4539.3930.4841.4723.5333.19
Dividend Payout %23%220%10%16%17%12%11%13%12%16%28%20%

Financials of JK Lakshmi Cement Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital595959595959595959595962
Reserves1,2791,2611,3421,3851,4261,6282,0362,4462,7453,2263,4953,824
Borrowings +1,9492,2582,6872,5462,1351,9871,6721,8871,8802,0842,6142,586
Other Liabilities +9369121,0441,1111,4461,4891,5201,5341,8572,2092,2772,077
Total Liabilities4,2234,4915,1325,1015,0665,1635,2865,9266,5417,5788,4458,548
Fixed Assets +2,7082,8513,5563,6273,4513,5853,4273,5363,5275,0765,5545,361
CWIP455633307228417166274251890383278277
Investments273271531473377458476652527407633746
Other Assets +7887367387738219541,1091,4871,5971,7121,9792,164
Total Assets4,2234,4915,1325,1015,0665,1635,2865,9266,5417,5788,4458,548

Financials of JK Lakshmi Cement Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3302673964937606501,0326806348997831,082
Cash from Investing Activity +-430-286-600-70-77-200-434-665-299-880-1,151-738
Cash from Financing Activity +3033181-421-676-450-55311-266-36318-354
Net Cash Flow-7014-23270452669-16-51-10
Free Cash Flow-210-130-82319551551866314-98-107130407
CFO/OP101%100%108%123%172%91%119%82%86%96%94%113%

Financials of JK Lakshmi Cement Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days913111098424266
Inventory Days146132157158148225134198236260256184
Days Payable145109136146229239154125164146134133
Cash Conversion Cycle10363322-72-6-15767511712857
Working Capital Days-101-97-93-87-79-77-64-66-32-45-481
ROCE %8%4%7%6%7%16%20%19%14%17%10%12%

Guidance history

How JK Lakshmi Cement Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlannedPlanned—
Q4 FY26 call →0–10%FlatPlanned——
Q3 FY26 call →10–20%FlatPlannedPlanned—
Q2 FY26 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

5out of 100

Momentum score · price trend

5 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−45.7%7%
Last 6 months−28.5%9%
Last 3 months−18.5%20%

The price is 53.4% below its all-time high of ₹989.85 (18 Jul 2025). Stocks more than 20% below their peak have their score halved, so 10 became 5.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For JK Lakshmi Cement Ltd: 0.4 × 7 + 0.4 × 9 + 0.2 × 20 = 10, halved to 5 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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  • ACC Ltd (Q2 FY27)

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  • JSW Cement Ltd (Q2 FY27)

    Q2 FY27 Revenue from Operations: ₹1,912.1 crore, up 33.1% YoY (Page 24) . Key investor presentation takeaways from JSW Cement Ltd's Q2 FY27 investor presentatio