J.K CEMENTS is one of the top 5 Cement companies in India, with a market cap of Rs. 31,807 Crore as of January 25, 2024, and is trading with a PE ratio of 46.0. Based on past performance and the company’s impressive financial statements, market dominance has propelled it to the frontline of investment consideration.
In this article, we’ll examine J.K CEMENT’s stock price target for the years 2024 to 2030 and determine whether the share price is a good buy for investors looking to diversify their investments.
JK Cement Q3 Financial Highlights
- Consolidated Net Profit: Witnessed a sevenfold increase, reaching Rs 283.81 crore.
- Year-Ago Period: Recorded a profit of Rs 37.15 crore.
- Revenue from Operations: Grew by 20.47%, reaching Rs 2,934.83 crore from Rs 2,436.09 crore in the previous year.
- Total Expenses: Increased by 7.5% to Rs 2,564.29 crore in the third quarter.
- Total Income: Stood at Rs 2,973.28 crore, reflecting a substantial growth of 21.12%.
- Operational Performance: Strong financial performance with significant growth in both profit and income.
- Fiscal Quarter: Results pertain to the December quarter of the ongoing fiscal year.
Below are the trading platforms that you can use to purchase J.K CEMENTS shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2024 | 4,445.28 | 3,865.46 |
| February 2024 | 4,536.00 | 3,944.35 |
| March 2024 | 4,628.57 | 4,024.84 |
| April 2024 | 4,493.76 | 3,907.62 |
| May 2024 | 4,427.35 | 3,849.87 |
| June 2024 | 4,586.73 | 3,988.46 |
| July 2024 | 4,540.87 | 3,948.58 |
| August 2024 | 4,722.50 | 4,106.52 |
| September 2024 | 4,911.40 | 4,270.78 |
| October 2024 | 4,815.10 | 4,187.04 |
| November 2024 | 4,959.55 | 4,312.65 |
| December 2024 | 5,083.54 | 4,420.47 |
As of January 25th, 2024, J.K Cements’ current share price is ₹4,116, with a market capitalization of ₹31,807 Crores. The stock’s P/E ratio stands at 46.0, and the book value is ₹631.
Looking ahead, the share price target for December 2024 ranges between ₹3,865.46 and ₹5,083.54, indicating potential volatility. The projected market values showcase a dynamic outlook, with investors closely monitoring the stock’s performance throughout the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 5,185.21 | 3,988.62 |
| February 2025 | 5,318.16 | 4,090.90 |
| March 2025 | 5,525.57 | 4,250.44 |
| April 2025 | 5,417.23 | 4,167.10 |
| May 2025 | 5,259.45 | 4,045.73 |
| June 2025 | 5,496.12 | 4,227.79 |
| July 2025 | 5,388.35 | 4,144.89 |
| August 2025 | 5,555.00 | 4,273.08 |
| September 2025 | 5,749.43 | 4,422.64 |
| October 2025 | 5,898.91 | 4,537.63 |
| November 2025 | 6,046.39 | 4,651.07 |
| December 2025 | 6,197.55 | 4,767.34 |
J.K Cements is poised for a progressive year in 2025, with anticipated share prices ranging from a minimum of ₹3,988.62 to a maximum of ₹6,197.55 throughout the year. This promising trajectory reflects a positive market sentiment and suggests growth potential for investors. The projections indicate a robust performance for J.K Cements in the coming year, offering a promising outlook for shareholders.
| When | Maximum Price | Minimum Price |
| January 2026 | 6,383.47 | 4,910.36 |
| February 2026 | 6,547.15 | 5,036.27 |
| March 2026 | 6,802.49 | 5,232.68 |
| April 2026 | 6,669.11 | 5,130.08 |
| May 2026 | 6,474.86 | 4,980.66 |
| June 2026 | 6,766.23 | 5,204.79 |
| July 2026 | 6,633.56 | 5,102.74 |
| August 2026 | 6,838.72 | 5,260.56 |
| September 2026 | 7,078.08 | 5,444.67 |
| October 2026 | 7,262.11 | 5,586.24 |
| November 2026 | 7,443.66 | 5,725.89 |
| December 2026 | 7,629.75 | 5,869.04 |
In 2026, J.K Cements is anticipated to exhibit a robust performance, with projected share prices ranging from a minimum of ₹4,910.36 to a maximum of ₹ 7,629.75 across the year.
These optimistic forecasts suggest a sustained upward trajectory, reflecting favorable market conditions and potential growth for investors. The projections underscore J.K Cements’ resilience and potential for a strong financial performance in the upcoming year.
| When | Maximum Price | Minimum Price |
| January 2027 | 7,782.35 | 5,986.42 |
| February 2027 | 7,981.89 | 6,139.92 |
| March 2027 | 8,293.19 | 6,379.37 |
| April 2027 | 8,130.58 | 6,254.29 |
| May 2027 | 7,893.76 | 6,072.13 |
| June 2027 | 8,248.98 | 6,345.37 |
| July 2027 | 8,087.24 | 6,220.95 |
| August 2027 | 8,337.36 | 6,413.35 |
| September 2027 | 8,629.17 | 6,637.82 |
| October 2027 | 8,853.52 | 6,810.40 |
| November 2027 | 9,074.86 | 6,980.66 |
| December 2027 | 9,301.73 | 7,155.18 |
| When | Maximum Price | Minimum Price |
| January 2028 | 9,487.77 | 7,298.28 |
| February 2028 | 9,731.04 | 7,485.42 |
| March 2028 | 10,110.56 | 7,777.35 |
| April 2028 | 9,912.31 | 7,624.85 |
| May 2028 | 9,623.60 | 7,402.77 |
| June 2028 | 10,056.66 | 7,735.89 |
| July 2028 | 9,859.47 | 7,584.21 |
| August 2028 | 10,164.41 | 7,818.77 |
| September 2028 | 10,520.16 | 8,092.43 |
| October 2028 | 10,793.68 | 8,302.83 |
| November 2028 | 11,063.53 | 8,510.40 |
| December 2028 | 11,340.11 | 8,723.16 |
| When | Maximum Price | Minimum Price |
| January 2029 | 11,566.92 | 8,897.63 |
| February 2029 | 11,863.50 | 9,125.77 |
| March 2029 | 12,326.18 | 9,481.68 |
| April 2029 | 12,084.49 | 9,295.76 |
| May 2029 | 11,732.52 | 9,025.01 |
| June 2029 | 12,260.48 | 9,431.14 |
| July 2029 | 12,020.08 | 9,246.21 |
| August 2029 | 12,391.83 | 9,532.18 |
| September 2029 | 12,825.55 | 9,865.80 |
| October 2029 | 13,159.01 | 10,122.32 |
| November 2029 | 13,487.99 | 10,375.37 |
| December 2029 | 13,825.19 | 10,634.76 |
| When | Maximum Price | Minimum Price |
| January 2030 | 14,101.69 | 10,847.45 |
| February 2030 | 14,463.27 | 11,125.59 |
| March 2030 | 15,027.34 | 11,559.49 |
| April 2030 | 14,732.68 | 11,332.83 |
| May 2030 | 14,303.58 | 11,002.75 |
| June 2030 | 14,947.24 | 11,497.88 |
| July 2030 | 14,654.16 | 11,272.43 |
| August 2030 | 15,107.38 | 11,621.06 |
| September 2030 | 15,636.13 | 12,027.80 |
| October 2030 | 16,042.67 | 12,340.52 |
| November 2030 | 16,443.74 | 12,649.03 |
| December 2030 | 16,854.83 | 12,965.26 |
Financial Condition of J.K CEMENTS: Last 5 years
| Year | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
| Total Revenue (in Rs. Cr.) | 9,807.60 | 8,133.69 | 6,719.06 | 5,886.96 | 5,339.06 |
| Total Expenses (in Rs. Cr.) | 9,176.31 | 7,120.57 | 5,626.38 | 5,152.52 | 4,926.62 |
| Profit/Loss Before Exceptional, Extraordinary Items, and Tax (in Rs. Cr.) | 631.29 | 1,013.12 | 1,092.68 | 734.45 | 412.43 |
| Profit/Loss Before Tax (in Rs. Cr.) | 631.29 | 1,013.12 | 1,092.68 | 734.45 | 412.43 |
| Total Tax Expenses (in Rs. Cr.) | 212.21 | 333.7 | 389.58 | 251.05 | 148.8 |
| Profit/Loss After Tax and Before Extraordinary Items (in Rs. Cr.) | 419.08 | 679.42 | 703.1 | 483.39 | 263.63 |
| Profit/Loss from Continuing Operations (in Rs. Cr.) | 419.08 | 679.42 | 703.1 | 483.39 | 263.63 |
| Profit/Loss for the Period (in Rs. Cr.) | 419.08 | 679.42 | 703.1 | 483.39 | 263.63 |
| Minority Interest (in Rs. Cr.) | 7.25 | 7.91 | 6.62 | 9 | 6.71 |
| Consolidated Profit/Loss After MI and Associates (in Rs. Cr.) | 426.33 | 687.12 | 709.72 | 492.4 | 270.34 |
Looking at J.K CEMENT’s financial bank statement for the past five years, the company has experienced steady growth in both its revenue and profits. Between March 2019 and March 2023, the company’s sales revenue grew from ₹5,339.06 crore to ₹9,807.60 crore, representing a percentage growth of approximately 80%.
Similarly, J.K CEMENT’s PAT increased from ₹263.63 crore in March 2019 to ₹419.08 crore in March 2023, which represents a growth of around 58.9%.
Only the profits have taken a hit compared to the last year, but there is a growth in the overall revenue, which is a good sign for the coming year.
J.K CEMENTS has experienced consistent revenue and profit growth over the past five years, with impressive operating profit margins.
Motilal Oswal has issued a buy recommendation for JK Cement, expressing a bullish outlook and setting a target price of Rs 4700 in their research report dated January 23, 2024.
ICICI Securities recommends buying JK Cement with a target price of Rs 4,138. (As of November 2023)
FAQS
According to market analysts, the share price target for J.K Cements in 2024-2030 is expected to increase due to strong growth potential.
Considering J.K Cement’s financial performance and growth prospects, reaching a share price of 5000 INR by 2025 is possible. From our price prediction, J.K. Cements could reach 5,000 INR by January 2025.
The company’s revenue growth, profit margins, capacity expansion plans, and government policies related to the construction industry are some of the factors that may impact its share price.
What are the risks associated with investing in J.K Cement Ltd?
The risks associated with investing in J.K Cements Ltd include market volatility, fluctuating raw material prices, regulatory changes, and competition from other cement manufacturers.
What is the dividend payout ratio of J.K Cements?
J.K Cement has been constantly paying a dividend of Rs. 15 per share for the last 3 years.
What is J.K Cement’s operating profit margin?
J.K Cement’s operating profit margin has been around 16-24% in the last five years.
What is the price-to-earnings ratio of J.K Cements Ltd?
J.K Cement’s price-to-earnings ratio has been around 46.0.
Is J.K Cements Ltd a good stock to buy?
J.K Cements Ltd’s consistent revenue and profit growth, strong market position, and capacity expansion plans make it an attractive investment option for long-term investors looking for exposure to the construction industry. However, investors should always do their research and assess their risk tolerance before investing in any stock.
J K Cement’s Share price target for 2030 is in between ₹10,847.45 and ₹16,854.83.
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Conclusion
In conclusion, J.K CEMENTS has shown steady income growth, PAT, revenue growth, and profit growth over the last five years. The company’s revenue has grown at a CAGR of 15% from 2019 to 2023, while its compounded profit has grown at 7% during the same period.
Furthermore, the company’s OPM has remained consistent, which indicates efficient cost management. The share price target for 2024 to 2030 looks promising, with a maximum target of ₹16,854.83 (December 2030) and a minimum target of ₹3,865.46.
Based on the company’s strong financials, it may be a good time to consider buying J.K CEMENTS shares for long-term investment. Overall, the company’s growth trajectory looks positive, and investors can expect healthy returns in the future.
However, brokerage firms like HDFC Securities and Jefferies India are not so bullish about this cement stock. On the other hand, another brokerage firm Motilal Oswal sees an 8-10% upside in J.K Cements’ share price. It is for you to decide whether you would like to buy, hold, or sell J.K.Cements.
What did we learn?
- 1 JK Cement Q3 Financial Highlights
- 2 How to purchase J.K CEMENTS shares?
- 3 J.K CEMENTS Share Price Prediction: 2024 to 2030
- 4 Financial Condition of J.K CEMENTS: Last 5 years
- 5 J.K CEMENTS Share Price Target by Experts
- 6 FAQS
- 6.1 What is the share price target for J.K Cements in 2024-2030?
- 6.2 Can J.K Cements reach a share price of 5000 INR by 2025?
- 6.3 What are the factors that may impact J.K Cements Ltd’s share price in the coming years?
- 6.4 What are the risks associated with investing in J.K Cement Ltd?
- 6.5 What is the dividend payout ratio of J.K Cements?
- 6.6 What is J.K Cement’s operating profit margin?
- 6.7 What is the price-to-earnings ratio of J.K Cements Ltd?
- 6.8 Is J.K Cements Ltd a good stock to buy?
- 6.9 What is the JK Cements share price target for 2030?
- 7 Conclusion
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