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JKCEMENT - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 04 May 26, 11:18 am

Fundamental Rating: 3.7

Stock Code JKCEMENT Market Cap 40,852 Cr. Current Price 5,287 ₹ High / Low 7,566 ₹
Stock P/E 37.2 Book Value 833 ₹ Dividend Yield 0.28 % ROCE 14.5 %
ROE 14.6 % Face Value 10.0 ₹ DMA 50 5,488 ₹ DMA 200 5,639 ₹
Chg in FII Hold -1.03 % Chg in DII Hold 1.26 % PAT Qtr 211 Cr. PAT Prev Qtr 176 Cr.
RSI 43.3 MACD 43.0 Volume 3,25,207 Avg Vol 1Wk 1,28,275
Low price 4,798 ₹ High price 7,566 ₹ PEG Ratio 8.69 Debt to equity 0.99
52w Index 17.6 % Qtr Profit Var 5.47 % EPS 143 ₹ Industry PE 30.8

Financials: JK Cement shows moderate fundamentals with ROCE at 14.5% and ROE at 14.6%. EPS of ₹143 supports profitability, while quarterly PAT improved to ₹211 Cr. from ₹176 Cr. Debt-to-equity ratio of 0.99 indicates high leverage risk.

Valuation: P/E of 37.2 is above industry average (30.8), suggesting premium valuation. PEG ratio of 8.69 highlights stretched growth-adjusted pricing. Dividend yield of 0.28% is modest.

Business Model: JK Cement operates in the cement sector with strengths in diversified product lines and regional presence. Competitive advantage lies in brand recognition and steady demand, but margins face pressure from input costs.

Entry Zone: Reasonable entry between ₹5,000–₹5,200, near support levels below DMA 50 (₹5,488). Long-term holding requires monitoring debt levels and valuation compression.

Positive

- EPS of ₹143 reflects strong earnings base

- ROE (14.6%) and ROCE (14.5%) show moderate efficiency

- Quarterly PAT improved from ₹176 Cr. to ₹211 Cr.

- DII holdings increased (+1.26%), showing domestic confidence

Limitation

- High P/E (37.2) vs industry average (30.8) indicates overvaluation

- PEG ratio of 8.69 signals weak growth-adjusted valuation

- Debt-to-equity ratio of 0.99 raises leverage concerns

- RSI at 43.3 shows weak momentum

Company Negative News

- High leverage and stretched valuations limit attractiveness

- FII holdings reduced (-1.03%), showing foreign investor caution

Company Positive News

- Quarterly profit improvement (+5.47%) supports earnings momentum

- Positive MACD (43.0) indicates bullish technical bias

- Domestic institutional inflows add confidence

Industry

- Cement sector outlook remains positive with infrastructure demand

- Industry P/E at 30.8 highlights JK Cement trading at premium valuation

Conclusion

JK Cement presents moderate fundamentals with consistent earnings and sector demand, but high leverage and stretched valuations limit upside. Entry around ₹5,000–₹5,200 offers a cautious opportunity. Long-term investors should monitor debt management and valuation normalization while benefiting from industry growth.

Would you like me to extend this into a sector overlay comparison (JK Cement vs Ultratech, Shree Cement, ACC) in the same HTML format, so you can benchmark valuation and efficiency across peers?

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