J.K. Cement Ltd.
NSE: JKCEMENTJ.K. Cement Ltd.: A 30-second snapshot
JK Cement (₹5,521.5) is a mid-sized NSE-listed cement manufacturer with ₹5,521.5 current price, trailing PE of 41.4x, and a 5-year revenue CAGR of 18.2%. Despite robust topline growth, 5-year earnings CAGR is -7.9% and debt-to-equity stands at 99.6, with the stock trading 7.1% below its 200-DMA and 27% below its 52-week high.
P/E
41.4
Forward P/E
30.2
ROE
—
Debt / Equity
99.56
Profit Margin
+7.6%
Div. Yield
+0.3%
5Y ROE > 15%
1/5
5Y FCF > 0
2/5
Quality
37/100
News
5 headlines · 3 positive · 0 negative
J.K. Cement Limited Schedules Board Meeting on May 23, 2026 to Consider Q4 FY26 Results and Dividend - India IPO
India IPO
JK Cement Declared Preferred Bidder for Karunda Limestone Block-I in Rajasthan - scanx.trade
scanx.trade
JK Cement Declared Preferred Bidder for Maliyakheri Limestone Block Mining Lease in Rajasthan - scanx.trade
scanx.trade
J K Cement Ltd Buys 26% Stake In Truere Current Private Limited For 28.1 Million Rupees - TradingView
TradingView
UltraTech, Ambuja, JK Cement in spotlight: What's driving these stocks higher - CNBC TV18
CNBC TV18
Recent context
- ·The board has scheduled its Q4 FY26 results meeting for 23 May 2026 with a dividend consideration on the agenda — the outcome will be the next material information event for the stock.
- ·JK Cement was declared preferred bidder for two separate Rajasthan limestone blocks (Karunda Block-I and Maliyakheri), representing a forward integration into raw material supply that could affect future input cost structures.
- ·JK Cement acquired a 26% stake in Truere Current Private Limited for ₹28.1 million in late April 2026, a small-scale investment whose strategic rationale has not been publicly elaborated.
Strengths
- +5-year revenue CAGR of 18.2% indicates consistent volume and/or price growth across the business cycle, placing it among the faster-growing names in the cement sector by topline.
- +Forward PE of 30.2x compresses meaningfully from the trailing 41.4x, implying the market ascribes material earnings recovery to the next 12-month period relative to the current depressed base.
- +JKCEMENT was declared preferred bidder for two limestone blocks in Rajasthan (Karunda Block-I and Maliyakheri Block), which could reduce raw material dependence and input cost exposure structurally.
- +Price is above the 50-DMA (SMA50: 5,377.7 vs current 5,521.5), and RSI at 52.0 is in a neutral range — neither extended to the downside nor overbought on a short-term basis.
Weaknesses
- −5-year earnings CAGR of -7.9% against +18.2% revenue growth signals that cost escalation or pricing pressure has consumed all incremental topline, leaving the bottom line worse than five years ago.
- −Debt-to-equity of 99.6 is rising; FCF was positive in only 2 of available years and ROE exceeded 15% in just 1 year — three simultaneous capital-discipline warning signs.
- −Quality score of 25 ranks 6th out of 6 cement peers with a consistency score of 34; trailing PE of 41.4x is above Ambuja (22.8x) and ACC (12.0x), peers that carry stronger ROE data despite the valuation discount.
- −Stock is 7.1% below its 200-DMA (SMA200: ₹5,947.9) and 27% below its 52-week high, reflecting sustained medium-term price weakness even as the 1-year return is +8.1%.
Open questions
- ?If cost inflation has eroded earnings for five consecutive years despite 18.2% revenue growth, what specific cost line — fuel, logistics, raw material, or interest — is the primary driver, and is it structural or cyclical?
- ?How does a debt-to-equity ratio of 99.6 compare to JKCEMENT's own 10-year history, and what debt-service coverage looks like at current EBITDA levels given the rising trend?
- ?The forward PE of 30.2x implies meaningful earnings recovery — what assumptions about cement realization, volume growth, or cost normalisation underpin that consensus estimate?
- ?Does the limestone block acquisition in Rajasthan improve the company's competitive cost position relative to UltraTech and Ambuja, or is it primarily a supply-security measure for existing capacity?
Peer comparison: Cement
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| JKCEMENT | J.K. Cement Ltd.You're viewing | 41.4 | — | 25 |
| Industry avg | across 5 peers | 34.4 | +9.9% | 36 |
| GRASIM | Grasim Industries Ltd. | 44.0 | — | 41 |
| SHREECEM | Shree Cement Ltd. | 51.7 | — | 39 |
| ACC | ACC Ltd. | 12.0 | +10.9% | 35 |
| AMBUJACEM | Ambuja Cements Ltd. | 22.8 | +8.3% | 32 |
| ULTRACEMCO | UltraTech Cement Ltd. | 41.5 | +10.6% | 31 |
Technical state
Current price
₹5,521.50
SMA 50
₹5,377.69
SMA 200
₹5,947.89
RSI (14)
52.0 (neutral)
From 52w high
-27.0%
1Y return
+8.1%
3M return
-5.2%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highEarnings declined at a -7.9% 5-year CAGR while revenue grew +18.2% over the same period; profit margin stands at 7.6%, pointing to severe cost escalation or pricing pressure that has fully absorbed topline growth.
- highDebt-to-equity of 99.6 is exceptionally elevated for a non-financial cement manufacturer, the debt trend is classified as rising, FCF was positive in only 2 of available years, and ROE exceeded 15% in just 1 of those years — all three persistence signals are weak simultaneously.
- mediumPrice trades 7.1% below the 200-DMA (SMA200: 5947.89; current: 5521.5) and is 27% below the 52-week high, consistent with sustained medium-term underperformance relative to own history.
- mediumQuality score of 25 ranks 6th of 6 cement peers, and consistency score of 34 is the lowest in the peer set; trailing PE of 41.4x is above sector peers Ambuja Cements (22.8x) and ACC (12.0x) despite below-peer quality metrics.
- lowOnly 5 news articles available for the period; sentiment assessment is thin and may not capture material developments ahead of the Q4 FY26 board meeting scheduled 23 May 2026.
Cross-section contradictions
- Revenue grew +18.2% over 5 years while earnings fell -7.9% over the same period, meaning cost growth or pricing dilution has more than offset the entire topline expansion.
- Trailing PE of 41.4x is above Ambuja (22.8x) and ACC (12.0x) — two peers with comparable or stronger ROE data — yet JKCEMENT carries the lowest quality score (25) and consistency score (34) in this six-stock peer group.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days