JK Lakshmi Cement Share Price Target 2024, 2025, 2026 To 2030

JK Lakshmi Cement Ltd, a prominent entity within the esteemed JK Group, stands as a leading manufacturer and supplier of cement and associated products across various states in India. Renowned for its commitment to quality and innovation, the company offers a diverse range of offerings including Ready Mix Concrete (RMC) and Autoclaved Aerated Concrete (AAC) Blocks.

In this article, we delve into the comprehensive landscape of JK Lakshmi Cement Ltd, exploring its history, product portfolio, market presence, and the driving forces behind its success in the dynamic cement industry.

About JK Lakshmi Cement

JK Lakshmi Cement Ltd boasts a formidable manufacturing prowess with ownership and operation of seven cement and clinker plants strategically situated across Rajasthan, Chattisgarh, Gujarat, Haryana, and Odisha. This expansive network contributes to a combined cement capacity of approximately 14 million tonnes per annum (MnTPA) and clinker capacity of around 8.5 million tonnes (MnTn). Notably, the company achieved an impressive 81% capacity utilization during the fiscal year 2023, a testament to its operational efficiency and market demand. Looking forward, JK Lakshmi Cement Ltd embarked on a significant capacity expansion journey, adding 15.4 Mntn in FY23 and planning for a further expansion of approximately 18 Mntn in UCWL Line 2 during FY24.

Diverse product offerings under various brands such as JK Lakshmi Cement, JK Lakshmi PRO, Heavy Duty, JK Sixer, Super Sixer, Gypsum Plaster, Wall Putty, JKL Power Mix RMC, JK Smartblox, and Smartserve cater to distinct customer needs and preferences. This comprehensive portfolio underscores the company’s commitment to innovation and customer satisfaction, positioning JK Lakshmi Cement Ltd as a preferred choice in the competitive cement market.

How to Purchase JK Lakshmi Cement Shares?

Below are the trading platforms that you can use to purchase JK Lakshmi Cement shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

JK Lakshmi Cement Share Price Target 2024 – 2030

JK Lakshmi Cement Share Price Target 2024

In 2024, JK Lakshmi Cement’s share price targets show a progressive trajectory, with fluctuations across months. The maximum price target for December 2024 reaches ₹1,080.02, while the minimum price target for May 2024 is ₹817.92. These projections indicate potential growth opportunities for investors.

The current market capitalization stands at ₹10,433 crore, with a current price of ₹884 as of April 1st, 2024. The stock’s high and low prices are recorded at ₹1,000 and ₹607, respectively. With a stock P/E ratio of 24.9 and ROCE and ROE at 14.2% and 13.1% respectively, JK Lakshmi Cement remains a notable player in the market, offering steady returns and value for investors.

JK Lakshmi Cement Share Price Target 2025

In 2025, JK Lakshmi Cement’s share price targets continue to demonstrate an upward trend, with projections indicating growth opportunities for investors. The maximum price target for December 2025 reaches ₹1,316.70, while the minimum price target for January 2025 stands at ₹847.40.

Geographically, Rajasthan and Gujarat remain key markets, comprising approximately 50% of the company’s sales volume, followed by a significant presence in Maharashtra and Chhattisgarh. This distribution underscores the company’s strong regional foothold and market penetration strategy.

JK Lakshmi Cement Share Price Target 2026

JK Lakshmi Cement’s share price targets for 2026 indicate a consistent upward trajectory, with projections ranging from a minimum of ₹1,043.23 in January to a maximum of ₹1,620.98 in December. The company’s clientele includes notable entities such as IOCL, AAI, DLF, L&T, and ACC Concrete.

Moreover, JK Lakshmi Cement is executing significant capex projects, including a capacity expansion at the Udaipur Plant and various green energy initiatives, demonstrating its commitment to growth and sustainability.

JK Lakshmi Cement Share Price Target 2027

In 2027, JK Lakshmi Cement’s share price targets continue to ascend, with projections ranging from a minimum of ₹1,271.84 in January to a maximum of ₹1,976.20 in December.

The company maintains robust operating efficiencies, boasting captive limestone mines and meeting approximately 75% of its power requirements through captive capacities, including coal, waste heat recovery (WHR), and solar plants. These factors contribute to JK Lakshmi Cement’s position as one of the lowest-cost producers in the cement industry, ensuring competitive advantage and sustained profitability.

JK Lakshmi Cement Share Price Target 2028

• January 2028: ₹1,550.55 (Minimum)
• December 2028: ₹2,409.26 (Maximum)

JK Lakshmi Cement Share Price Target 2029

• January 2029: ₹1,890.34(Minimum)
• December 2029: ₹2,937.23 (Maximum)

JK Lakshmi Cement Share Price Target 2030

• January 2030: ₹2,304.59 (Minimum)
• December 2030: ₹3,580.89 (Maximum)

Financial Condition of JK Lakshmi Cement: Last 5 Years

• Over the previous five years, JK Lakshmi Cement has exhibited consistent growth in sales and profitability.
• Sales have steadily increased from Rs. 4,316 crores in 2019 to Rs. 6,452 crores in 2023, reflecting a compounded annual growth rate (CAGR) of 11%.
• Despite a rise in expenses, the company maintained a healthy operating profit margin, with an OPM of 20% in 2021.
• Net profit witnessed significant growth, peaking at Rs. 478 crores in 2022.
• However, there was a slight decline in profitability in the trailing twelve-month (TTM) period.
• JK Lakshmi Cement’s compounded profit growth reached an impressive 72% over the last five years.
• The company’s stock price demonstrated consistent growth, with a CAGR of 20% over the past five years.
• Return on equity remained strong, averaging 15% over the last five years.