Financials JK Lakshmi Cement Limited

Equities

JKLAKSHMI

INE786A01032

Construction Materials

Delayed Bombay S.E. 10:47:19 29/04/2024 BST 5-day change 1st Jan Change
795.4 INR +0.18% Intraday chart for JK Lakshmi Cement Limited -0.36% -11.34%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 40,908 23,028 50,892 55,487 93,071 93,430 - -
Enterprise Value (EV) 1 53,918 34,543 54,875 61,728 97,836 107,276 111,057 109,549
P/E ratio 51.4 x 9.79 x 14 x 13 x 28.1 x 20.6 x 16.9 x 14.9 x
Yield 0.22% 1.28% 0.87% 1.06% 0.47% 0.68% 0.75% 0.96%
Capitalization / Revenue 1.05 x 0.57 x 1.16 x 1.1 x 1.53 x 1.42 x 1.29 x 1.19 x
EV / Revenue 1.39 x 0.85 x 1.25 x 1.22 x 1.61 x 1.63 x 1.53 x 1.4 x
EV / EBITDA 13 x 5.14 x 6.95 x 7.7 x 13.9 x 11 x 9.54 x 8.32 x
EV / FCF 10.8 x 7.6 x 7.4 x 14.5 x 31.3 x -96.3 x -251 x -244 x
FCF Yield 9.25% 13.2% 13.5% 6.92% 3.19% -1.04% -0.4% -0.41%
Price to Book 2.69 x 1.34 x 2.45 x 2.26 x 3.42 x 2.96 x 2.56 x 2.24 x
Nbr of stocks (in thousands) 117,670 117,670 117,670 117,670 117,670 117,670 - -
Reference price 2 347.6 195.7 432.5 471.6 791.0 794.0 794.0 794.0
Announcement Date 22/05/19 20/05/20 20/05/21 18/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 38,823 40,435 43,847 50,408 60,710 65,974 72,660 78,428
EBITDA 1 4,150 6,724 7,898 8,013 7,043 9,742 11,643 13,174
EBIT 1 2,356 4,840 5,956 6,108 5,107 7,595 8,976 10,029
Operating Margin 6.07% 11.97% 13.58% 12.12% 8.41% 11.51% 12.35% 12.79%
Earnings before Tax (EBT) 1 1,044 3,395 4,966 5,583 4,815 6,682 7,180 7,708
Net income 1 795.6 2,352 3,638 4,262 3,308 4,581 5,576 6,265
Net margin 2.05% 5.82% 8.3% 8.46% 5.45% 6.94% 7.67% 7.99%
EPS 2 6.760 19.99 30.92 36.22 28.11 38.54 47.06 53.22
Free Cash Flow 1 4,988 4,547 7,414 4,270 3,124 -1,114 -442 -449
FCF margin 12.85% 11.25% 16.91% 8.47% 5.15% -1.69% -0.61% -0.57%
FCF Conversion (EBITDA) 120.2% 67.63% 93.87% 53.29% 44.36% - - -
FCF Conversion (Net income) 626.99% 193.31% 203.77% 100.17% 94.45% - - -
Dividend per Share 2 0.7500 2.500 3.750 5.000 3.750 5.400 5.933 7.600
Announcement Date 22/05/19 20/05/20 20/05/21 18/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 11,928 13,220 12,315 11,182 11,934 14,976 15,510 13,026 14,885 17,289 16,333 13,810 16,372 18,578
EBITDA 1 1,918 2,679 2,161 1,626 1,464 2,762 2,170 1,386 1,596 1,891 1,676 1,577 2,632 2,693
EBIT 1,432 2,201 1,701 1,155 996.2 - 1,696 - - - - - - 2,248
Operating Margin 12% 16.65% 13.81% 10.33% 8.35% - 10.94% - - - - - - 12.1%
Earnings before Tax (EBT) 1,272 1,865 1,613 1,081 909.9 1,979 1,524 893.5 1,027 1,373 - - - 1,732
Net income 1 1,023 1,365 1,187 765.4 592.4 1,717 1,009 589.5 735.9 973.2 748.8 747.5 1,134 1,297
Net margin 8.58% 10.33% 9.64% 6.84% 4.96% 11.47% 6.51% 4.53% 4.94% 5.63% 4.58% 5.41% 6.92% 6.98%
EPS 2 8.690 11.60 10.09 6.500 5.030 - 8.580 5.010 6.250 8.270 6.360 - - 10.25
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 29/01/21 20/05/21 29/07/21 29/10/21 02/02/22 18/05/22 27/07/22 03/11/22 10/02/23 19/05/23 27/07/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 13,010 11,515 3,983 6,241 4,765 13,846 17,627 16,119
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.135 x 1.713 x 0.5043 x 0.7788 x 0.6766 x 1.421 x 1.514 x 1.224 x
Free Cash Flow 1 4,988 4,547 7,414 4,270 3,124 -1,114 -442 -449
ROE (net income / shareholders' equity) 5.35% 14.5% 19.2% 18.8% 12.8% 15.2% 16.5% 16.4%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 129.0 146.0 177.0 208.0 231.0 268.0 310.0 354.0
Cash Flow per Share - - - - - - - -
Capex 1 1,906 865 1,208 1,130 1,416 11,835 12,702 14,593
Capex / Sales 4.91% 2.14% 2.76% 2.24% 2.33% 17.94% 17.48% 18.61%
Announcement Date 22/05/19 20/05/20 20/05/21 18/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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