We set out on a trip of financial opportunism as we explore the fascinating world of J.K. Cement Ltd.’s share price objectives from 2023 to 2030. Is J.K. Cement Ltd a good stock to buy? is a pressing concern as the stock market enchants investors with its appeal. With this thorough study, we want to reveal J.K. Cement Ltd’s share price’s latent potential and future course. Come along with us as we negotiate the highs and lows while looking at historical data, market patterns, and professional perspectives. As we reveal the alluring potential of J.K. Cement Ltd’s share price objective, buckle on and get ready to discover the world of opportunity. We’ll also help you make educated investing decisions in the cement sector.
Q4 Results of JK Cements:
JK Cements recently released its earnings for Q4, here are the standalone as well as consolidated results:
According to J. K. Cement’s reported Consolidated Quarterly figures, Net Sales in March 2023 were Rs 2,777.88 crore, an increase of 18.15% from Rs 2,351.16 crore in March 2022.
- Quarterly Net Profit in March 2023 was Rs. 112,27 crore, a 44.18% decrease from Rs. 201,13 crore in March 2022.
- In March 2023, EBITDA was Rs. 387.49 crore, a 9.05% decrease from Rs. 426.03 crore in March 2022.
According to the Standalone quarterly figures for J. K. Cement, net sales in March 2023 were 2,384.44 crore rupees, an increase of 5.09% from 2,268.98 crore rupees in March 2022.
- Quarterly Net Profit was Rs. 159.97 crore in March 2023, increasing 85.4 percent from Rs. 86.26 crore in the same month the previous year.
- In March 2023, EBITDA was Rs. 395.72 crore, a decrease of 6.64% from Rs. 423.86 crore in March 2022.
JK Cement in Recent News:
- The board of directors advised shareholders to approve a resolution to to raise money by the issuance of secured/redeemable non-convertible debentures in one or more series or tranches through a private placement for an amount up to Rs. 500 crores.
- The board recommended a dividend at the rate of Rs 15 per equity share of Rs 10 each for FY22-23.
- As part of its plan to digitally alter the way applications are produced and maintained throughout the company, JK Cement Ltd., a producer of Grey & White Cement, has embraced OutSystem’s high-performance low-code technology. The business intends to develop software to revamp the procedures for managing sales, land assets, and customer loyalty. The firm stated that it is also considering reimagining the experience of its clients, staff, and partners by creating distinctive experiences on the OutSystems platform. In order to provide a distinctive UI/UX experience, mobility, and a speedier Go To Market time, the application landscape will be unified and created on a single platform.
- J K Cement Increases Capacity of Cement Grinding by 2 MTPA
- Madhav Singhania, JK Cement Limited’s deputy managing director, and managing director, told CNBC-TV18 that he anticipates the cement sector to gain from lower inflation and coal prices in the current fiscal year. He said that the industry’s capex investment cycle is back to what it used to be with corporate balance sheets being more healthy now, adding that the industry looks at demand creation when it comes to capex deployment. He stated that the industry expects high single-digit growth in the current financial year after witnessing low double-digit growth last year.
How to purchase J.K Cements Ltd shares?
Below are the trading platforms that you can use to purchase J.K Cements Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
J.K Cements Ltd Share Price Prediction: 2023 to 2030.
J.K Cements Ltd Share Price Prediction 2023.
| When | Maximum Price | Minimum Price |
| May 2023 | ₹3180.00 | ₹1,976.92 |
| June 2023 | ₹3,084.00 | ₹2,372.31 |
| July 2023 | ₹3,700.80 | ₹2,846.77 |
| August 2023 | ₹4,070.88 | ₹3,131.45 |
| September 2023 | ₹4,274.42 | ₹3,288.02 |
| October 2023 | ₹4,070.88 | ₹3,131.45 |
| November 2023 | ₹4,477.97 | ₹3,444.59 |
| December 2023 | ₹5,015.32 | ₹3,857.94 |
The table represents the predicted share price of J.K. Cement Ltd for the year 2023. In May, the share price will be with a maximum of ₹3180.00 and a minimum of ₹1,976.92. The prices fluctuated in the following months but generally showed an uptrend. By December, the share price reached a maximum of ₹5,015.32 and a minimum of ₹3,857.94.
J.K Cements Ltd Share Price Prediction 2024.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹5,279.29 | ₹4,060.99 |
| February 2024 | ₹5,931.78 | ₹4,943.15 |
| March 2024 | ₹6,243.98 | ₹5,076.41 |
| April 2024 | ₹5,676.35 | ₹4,366.42 |
| May 2024 | ₹4,730.29 | ₹3,638.69 |
| June 2024 | ₹5,676.35 | ₹4,366.42 |
| July 2024 | ₹4,824.90 | ₹3,740.23 |
| August 2024 | ₹5,307.39 | ₹4,212.21 |
| September 2024 | ₹5,572.76 | ₹4,286.74 |
| October 2024 | ₹6,556.18 | ₹5,043.22 |
| November 2024 | ₹6,883.99 | ₹5,295.38 |
| December 2024 | ₹7,021.67 | ₹5,401.29 |
The table provides the projected share price targets for J.K. Cement Ltd in the year 2024. In January, the maximum price target was ₹5,279.29, while the minimum target was ₹4,060.99. As the months progressed, the share price targets experienced fluctuations. February saw a maximum target of ₹5,931.78 and a minimum target of ₹4,943.15. By December, the share price targets reached their highest point with a maximum of ₹7,021.67 and a minimum of ₹5,401.29. These targets suggest potential returns for investors, indicating an overall bullish trend for the year. However, it is important to note that the share price targets may vary and are subject to market conditions.
J.K Cements Ltd Share Price Prediction 2025.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹7,162.11 | ₹5,509.31 |
| February 2025 | ₹7,539.06 | ₹5,799.28 |
| March 2025 | ₹7,916.01 | ₹6,089.24 |
| April 2025 | ₹7,067.87 | ₹5,436.82 |
| May 2025 | ₹6,425.33 | ₹4,942.56 |
| June 2025 | ₹7,067.87 | ₹5,436.82 |
| July 2025 | ₹6,731.30 | ₹5,177.92 |
| August 2025 | ₹7,011.77 | ₹5,393.67 |
| September 2025 | ₹7,362.36 | ₹5,663.36 |
| October 2025 | ₹7,804.10 | ₹6,003.16 |
| November 2025 | ₹8,350.39 | ₹6,423.38 |
| December 2025 | ₹8,517.40 | ₹6,551.85 |
The table presents the projected share price targets for J.K. Cement Ltd in the year 2025. In January, the maximum price target was ₹7,162.11, while the minimum target was ₹5,509.31. The share price targets continued to fluctuate throughout the year, with February reaching a maximum target of ₹7,539.06 and a minimum target of ₹5,799.28. By December, the share price targets reached their peak with a maximum of ₹8,517.40 and a minimum of ₹6,551.85. These targets provide insights into potential gains for investors, indicating an average target that lies between the maximum and minimum values.
J.K Cements Ltd Share Price Prediction 2026-2030.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹5,015.32 | ₹1,976.92 |
| 2024 | ₹7,021.67 | ₹4,060.99 |
| 2025 | ₹8,517.40 | ₹5,436.82 |
| 2026 | ₹5,962.18 | ₹4,173.53 |
| 2027 | ₹5,067.85 | ₹3,547.50 |
| 2028 | ₹9,122.13 | ₹6,385.49 |
| 2029 | ₹18,738.28 | ₹13,116.79 |
| 2030 | ₹20,867.63 | ₹14,607.34 |
The share price targets for J.K. Cement Ltd from 2026 to 2030 display a mix of fluctuations and growth potential. In 2026, the maximum target was ₹5,962.18, while the minimum target was ₹4,173.53. The year 2027 witnessed a slight decline with a maximum target of ₹5,067.85 and a minimum target of ₹3,547.50. However, the subsequent years showed a significant upward trend. In 2028, the maximum target surged to ₹9,122.13 and the minimum target reached ₹6,385.49. The growth continued with substantial jumps in 2029 and 2030, where the maximum targets reached ₹18,738.28 and ₹20,867.63, respectively, while the minimum targets were ₹13,116.79 and ₹14,607.34. These projections suggest potential long-term growth and investment opportunities for J.K. Cement Ltd.
Financial Condition of J.K Cements Ltd: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 4,853.52 | 5,258.68 | 5,801.64 | 6,606.10 | 7,990.82 |
| Expenses | 4,064.43 | 4,420.09 | 4,555.92 | 5,021.56 | 6,478.19 |
| Operating Profit | 789.09 | 838.59 | 1,245.72 | 1,584.54 | 1,512.63 |
| Other Income | 109.54 | 76.25 | 53.05 | 67.10 | 112.44 |
| Depreciation | 231.32 | 241.28 | 287.96 | 306.19 | 342.47 |
| Interest | 284.09 | 261.12 | 276.36 | 252.77 | 269.69 |
| Profit before tax | 383.22 | 412.44 | 734.45 | 1,092.68 | 1,012.91 |
| Tax | 97.63 | 148.80 | 251.06 | 389.58 | 333.70 |
| Net profit | 289.58 | 270.34 | 492.40 | 709.72 | 687.12 |
| EPS | 41.43 | 34.97 | 63.70 | 91.81 | 88.89 |
| Price to earning | 24.50 | 24.78 | 14.69 | 31.56 | 27.35 |
| Price | 1,015.05 | 866.70 | 935.55 | 2,897.25 | 2,431.30 |
| RATIOS: | |||||
| Dividend Payout | 24.15% | 28.58% | 11.77% | 16.33% | 16.87% |
| OPM | 16.26% | 15.95% | 21.47% | 23.99% | 18.93% |
J.K. Cement Ltd has demonstrated consistent growth in its financial performance over the past five years. The company’s revenue has steadily increased from ₹4,853.52 crore in March 2018 to ₹7,990.82 crore in March 2022, reflecting a significant percentage growth. Similarly, the net profit has shown an upward trajectory, rising from ₹289.58 crore in March 2018 to ₹687.12 crore in March 2022. The operating profit margin has maintained a healthy range, averaging around 18-24% during this period. The earnings per share (EPS) have also seen an upward trend, indicating improving profitability. Despite fluctuations in the price-to-earning (P/E) ratio, the company’s share price has generally risen over the years. J.K. Cement Ltd has managed to achieve a favorable balance between revenue growth, profit growth, and prudent financial management, making it a promising player in the industry.
J.K Cements Ltd share price target by Experts
Sharekhan on J.K Cements Ltd share price target
Sharekhan has given a buy call on J.K Cements Ltd. According to him, you can continue buying J.K Cements Ltd share with a target price of Rs3450.
Motilal Oswal on J.K Cements Ltd share price target
Motilal Oswal has given a buy call on J.K Cements Ltd. According to him, you can continue buying J.K Cements Ltd share with a target price of Rs3860.
FAQS
What is the projected share price target for J.K. Cements Ltd in 2023?
The projected share price target for J.K. Cements Ltd in 2023 is ₹5,015.32 (maximum) and ₹1,976.92 (minimum) as per the available data.
Has J.K. Cements Ltd shown consistent growth in the past years?
Yes, J.K. Cements Ltd has demonstrated growth in both revenue and net profit over the past five years, indicating positive performance.
What is the projected share price target for J.K. Cements Ltd in 2025?
The projected share price target for J.K. Cements Ltd in 2025 is not specified in the provided data.
Can J.K. Cements Ltd reach a share price of ₹10,000 INR by 2025?
The available information does not provide a specific projection for J.K. Cements Ltd’s share price in 2025, making it difficult to determine if it will reach ₹10,000 INR.
What factors may influence the share price of J.K. Cements Ltd?
Factors such as industry trends, market conditions, company performance, and investor sentiment can influence the share price of J.K. Cements Ltd.
Are there any significant upcoming projects or expansions by J.K. Cements Ltd?
The available data does not mention any specific upcoming projects or expansions by J.K. Cements Ltd.
How reliable are share price predictions for J.K. Cements Ltd?
Share price predictions are based on various factors and market conditions, but they are not guaranteed. Investors should consider them as estimates and conduct thorough research before making investment decisions.
What is the historical dividend payout ratio of J.K. Cements Ltd?
The historical dividend payout ratio for J.K. Cements Ltd is provided in the available data as 24.15%, 28.58%, 11.77%, 16.33%, and 16.87% for the respective years.
Should I invest in J.K. Cements Ltd based on the share price targets?
Investment decisions should consider various factors such as risk tolerance, financial goals, and individual research. Consulting with a financial advisor is recommended before making investment decisions.
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Conclusion
Over the previous five years, J.K. Cement Ltd. has demonstrated remarkable income growth and financial performance, laying a solid platform for its share price projections from 2023 to 2030. The company demonstrates its potential for ongoing success with a steady increase in revenue, which reached 7,990.82 crore in March 2022, and significant profit development, with a net profit of 687.12 crore in the same time. Additionally, the appealing EPS of 66.68 and a solid track record of responsible financial management increase its investment appeal. Given these elements, shares of J.K. Cement Ltd. offer an alluring prospect for investors looking for cement sector long-term development potential.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
