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Fundamentals for JK Lakshmi Cement Limited
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Fundamentals for JK Lakshmi Cement Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
JK Lakshmi Cement Limited manufactures and supplies cement in India. It provides ordinary portland, portland pozzolana, portland slag, and composite cement; and value-added products and services, including ready-mixed concrete, gypsum plaster, wall putty, autoclaved aerated blocks, and construction chemicals and adhesives. The company offers its products under the JK Lakshmi Cement, JKLC Sixer Cement, Platinum Heavy Duty Cement, JK Lakshmi PRO+ Cement, Super Sixer Weather Guard Cement, Platinum Supremo Cement, JK Lakshmiplast Gypsum Plaster, JK Lakshmiplast Smart Wall Putty, JK Lakshmi Power Mix Ready Mix Concrete, JK Smartblox Autoclaved Aerated Concrete (AAC) Blocks, JK Smartbond Mortar, JK Lakshmi Smart Serv Cement, JK Lakshmi Smart White Cement, and JK Lakshmiplast Smart Wall Primer brand names. Its products are used for construction of independent houses, apartment buildings, hotels, flyovers, roads, airports, dams, etc. The company was incorporated in 1938 and is based in New Delhi, India.
Revenue projections:
Investors may be wary of JKLAKSHMI as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 1.294000 |
|---|---|
| forwardPE | 12.185516 |
| debtToEquity | 66.590000 |
| earningsGrowth | -0.270000 |
| revenueGrowth | 0.002000 |
| grossMargins | 0.583990 |
| operatingMargins | 0.106440 |
| trailingEps | 33.190000 |
| forwardEps | 50.400000 |
JKLAKSHMI's current ratio being 1.294 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
JKLAKSHMI's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
JKLAKSHMI's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for JKLAKSHMI's future profitability.
JKLAKSHMI's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.
JKLAKSHMI's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that JKLAKSHMI's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
JKLAKSHMI's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.
Recommendation changes over time:
Analysts are favoring JK Lakshmi Cement Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider JK Lakshmi Cement Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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