J.K. Cement Analysis (March 2026) | Price Development & Price Target

J.K. Cement

BSE:532644

Rp 5.265,60

Rp0,00 (0,00%)

5.265,60 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

J.K. Cement Stock Value

The analyst rating for BSE:532644 is currently Outperform.

Outperform

J.K. Cement Company Info

EPS Growth 5Y

10,30%

Market Cap

Rp406,86 B

Long-Term Debt

Rp41,77 B

Annual earnings

05/22/2026

Dividend

Rp14,74

Dividend Yield

0,28%

Founded

1975

Industry

Materials

Country

India

Website

J.K. Cement

ISIN Number

INE823G01014

Website

http://www.jkcement.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp6.603,50

25.41%

Last Update: 03/26/2026

Analysts: 26

Highest Price Target Rp7.800,00

Average Price Target Rp6.603,50

Lowest Price Target Rp3.925,00

In the last five quarters, J.K. Cement’s Price Target has risen from Rp2.520,09 to Rp3.565,43 - a 41,48% increase. Twenty Two analysts predict that J.K. Cement’s share price will increase in the coming year, reaching Rp6.603,50. This would represent an increase of 25,41%.

Top growth stocks in the materials sector (5Y.)

What does J.K. Cement do?

J.K. Cement Limited operates in the cement manufacturing industry, recognized for its robust production and distribution of various types of cement products. Business Segments The company operates through multiple business segments, each contributing to its overall growth and sustainability objectives. The primary segments include the manufacturing of cement and the production of ready-mix concrete (RMC). The cement segment is further subdivided into various product categories, catering to the...

J.K. Cement Limited operates in the cement manufacturing industry, recognized for its robust production and distribution of various types of cement products.

Business Segments

The company operates through multiple business segments, each contributing to its overall growth and sustainability objectives. The primary segments include the manufacturing of cement and the production of ready-mix concrete (RMC). The cement segment is further subdivided into various product categories, catering to the distinct needs of residential, commercial, and infrastructure projects.

The cement manufacturing segment is crucial for the company, contributing significantly to its revenue. The company operates modern manufacturing facilities that incorporate the latest technology for high efficiency and reduced environmental impact. The production capacity has been augmented continuously to meet the growing demand in the construction sector, particularly in infrastructure development and housing projects.

The ready-mix concrete segment enables the company to provide value-added services to customers. By offering RMC, the company assures quality and compliance, diminishing the risks associated with site-batched concrete. This segment has gained traction due to the increasing preference for RMC in urban areas, where construction practices necessitate timely delivery and consistent quality.

Additionally, the company has expanded its footprint through strategic partnerships and joint ventures, enhancing its service offerings. The company actively engages in industry-specific research and collaborations to innovate and develop new products that align with market demands, including eco-friendly formulations and blended cements.

Business Strategy

The company employs a multifaceted business strategy focuses on sustainable growth and innovation. The company emphasizes the importance of enhancing production capacity while maintaining stringent quality control measures. By adopting modern manufacturing technologies, the company aims to improve operational efficiency and reduce costs, allowing it to offer competitive pricing in the market.

Innovation plays a pivotal role in the company's strategic framework. The company prioritizes research and development activities to create new products that meet the evolving needs of customers and adhere to environmental regulations. By developing eco-friendly cement options, including composite cements, the company positions itself as a leader in sustainable construction practices.

The company also focuses on expanding its geographical presence. Through strategic alliances and acquisitions, the company has established a more extensive distribution network, enabling it to penetrate new markets. This geographical expansion is supported by investments in marketing initiatives that promote brand awareness and product offerings.

Products and Services

The company offers an extensive range of products and services tailored for various construction and infrastructure needs. The primary product line includes different grades of cement-Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and specialized blended cements designed for specific applications.

Ordinary Portland Cement serves as the core product, ideal for general construction and a multitude of applications. PPC, on the other hand, is favored for its enhanced durability and sustainability features, making it suitable for environmentally conscious construction projects.

In addition to cement, the company produces a variety of value-added products such as ready-mix concrete. This service emphasizes quality control, ensuring that the concrete supplied meets required standards and is delivered on-site in a timely manner. The company's RMC services help streamline construction processes and reduce waste.

The company also engages in providing advisory services, assisting clients in selecting the appropriate materials for their projects, and offering guidance on best practices for construction methods. This consulting approach builds trust with customers and enhances overall service delivery.

Geographical Markets Served

The company has established a robust presence across various geographical markets within India and is expanding internationally.

The primary markets for the company encompass several states across India, including Rajasthan, Gujarat, Uttar Pradesh, and Madhya Pradesh, among others. Within these markets, the company caters to diverse segments such as residential, commercial, and infrastructure development.

Recent Acquisitions

As part of its growth strategy, the company successfully completed the merger with Jaykaycem (Central) Ltd., which was sanctioned by the National Company Law Tribunal in July 2023. This merger enhances the company's production capacity and broadens its market reach, facilitating deeper penetration into various segments of the cement industry.

Seasonality

The company experiences notable seasonality in its business, driven primarily by climatic conditions and industry demand fluctuations. The peak demand for cement typically occurs during the monsoon season, as construction projects are ramped up in anticipation of favorable weather conditions.

During the monsoon months, demand generally increases due to improvement in construction activity as customers seek to complete projects ahead of adverse weather. Conversely, demand tends to dip during the winter months when construction activities may slow down due to lower temperatures and unfavorable conditions.

Customers

The company serves a diverse range of customers, including construction companies, contractors, builders, and individual homeowners. Additionally, the company caters to various market categories such as residential, commercial, and industrial sectors.

Marketing and Distribution Channels

The company employs a multifaceted approach to marketing and distribution, leveraging both traditional and digital channels. The company uses extensive advertising campaigns, promotional strategies, and informational seminars to raise awareness about its products and their benefits.

In terms of distribution, the company maintains an extensive network that includes direct sales teams, dealers, and distributors strategically located across various regions. This enables the company to effectively meet customer demands and ensure timely delivery of products.

History

J.K. Cement Limited was founded in 1975. The company was incorporated in 1994.

J.K. Cement Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Cement: 85% - Building materials: 10% - Other: 5% **TOP 3 markets:** 1. India: 70% 2. Middle East: 15% 3. Africa: 10% J.K. Cement Limited generates the majority of its revenue from the cement sector, which constitutes the main part of the business. The Indian...

At which locations are the company’s products manufactured?

**Production sites of J.K. Cement Limited:** 1. **Nimbahera, Rajasthan** 2. **Mangrol, Rajasthan** 3. **Gotan, Rajasthan** 4. **Muddapur, Karnataka** 5. **Aligarh, Uttar Pradesh** J.K. Cement Limited operates multiple production plants in India. The main production facilities are located in Rajast...

What strategy does J.K. Cement pursue for future growth?

**Revenue Growth:** Estimated 10% annually (2025) **Capacity Expansion:** 20% increase by 2025 J.K. Cement Limited is pursuing a strategy that heavily focuses on capacity expansion and geographical expansion. The company plans to increase its production capacities by about 20% by 2025 to meet the g...

Which raw materials are imported and from which countries?

**Main raw materials:** Coal, gypsum, clinker **Import countries:** - **Coal:** Indonesia, South Africa - **Gypsum:** Oman, Iran - **Clinker:** United Arab Emirates J.K. Cement Limited imports various raw materials essential for cement production. Coal is mainly sourced from Indonesia and South Af...

How strong is the company’s competitive advantage?

**Market share:** 12% (2024, estimated) **EBITDA margin:** 21% (2024) **Return on capital employed (ROCE):** 18% (2024) J.K. Cement Limited has a significant competitive advantage in the Indian cement industry, which is manifested through several factors. The company benefits from a strong br...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 42% (estimated for 2025) **Insider Buys/Sells:** No significant transactions in the last year (estimated for 2025) The institutional investor share in J.K. Cement Limited is estimated to be 42%. This indicates a strong interest from institutional investors, refle...

What percentage market share does J.K. Cement have?

**Market share of J.K. Cement Limited:** 7% (2025, estimated) **Top competitors and their market shares:** 1. **UltraTech Cement:** 23% 2. **Shree Cement:** 14% 3. **Ambuja Cements:** 10% 4. **ACC Limited:** 9% 5. **Dalmia Bharat:** 8% 6. **J.K. Cement Limited:** 7% 7. **Ramco Cements:** 6% 8. **Bi...

Is J.K. Cement stock currently a good investment?

**Revenue Growth:** 18% (2024) **EBITDA Margin:** 22% (2024) **Market Share in India:** 10% (2024) J.K. Cement Limited achieved a revenue growth of 18% in 2024, driven by strong demand for cement products in India. The EBITDA margin of 22% indicates that the company operates efficiently and manages...

Does J.K. Cement pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (2025, estimated) **Dividend History:** Consistent payout over the last 5 years J.K. Cement Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2025 is around 2.5%, based on the latest avai...

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J.K. Cement Stock Value

J.K. Cement Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does J.K. Cement do?

J.K. Cement Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

J.K. Cement Stock Value

J.K. Cement Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does J.K. Cement do?

J.K. Cement Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.