Buy JK Cement, target price Rs 5,850: JM Financial
ADVERTISEMENT JK Cement's key products/revenue segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 3627.06 crore, up 21.92 % from last quarter Total Income of Rs 2974.83 crore and up 15.09% from last year same quarter Total Income of Rs 3151.45 crore. The company has reported net profit after tax of Rs 361.39 crore in the latest quarter.
The company's top management includes Mrs.Sushila Devi Singhania, Ms.Praveen Mahajan, Mr.Sudhir Jalan, Mr.Ashok Sinha, Mr.Ashok Kumar Sharma, Mrs.Deepa Gopalan Wadhwa, Mr.Saurabh Chandra, Mr.Paul Heinz Hugentobler, Mr.Mudit Aggarwal, Mr.Ajay Kumar Saraogi, Mr. Madhavkrishna Singhania, Dr.Raghavpat Singhania, Dr.Nidhipati Singhania, Mr.Rakesh Sethi. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares outstanding.
Promoter/FII Holdings
Promoters held 45.68 per cent stake in the company as of 31-Mar-2025, while FIIs owned 16.14 per cent, DIIs 24.5 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
11 minutes ago
- NDTV
NDTV Report: Can Dwarka Expressway End Delhi-Gurugram Traffic Nightmares?
New Delhi: Prime Minister Narendra Modi on Sunday inaugurated two major projects -- a key stretch of the Urban Extension Road-II and the Delhi section of Dwarka Expressway - to ease traffic congestion in the city and the National Capital Region (NCR). Here's what NDTV found during the road test of the Dwarka Expressway: The new 10.1-km section of the Dwarka Expressway, developed at Rs 5,360 crore, provides connectivity to Yashobhoomi, the Delhi Metro's Blue and Orange lines, the upcoming Bijwasan railway station, and the Dwarka cluster bus depot. This stretch comprises two sections: a 5.9-km section from the Shiv Murti intersection to the Road Under Bridge at Dwarka Sector-21, and a 4.2-km section from Dwarka Sector-21 to the Delhi-Haryana Border, which provides direct connectivity to the Urban Extension Road-II. It took 20 minutes to travel from one end of the Dwarka Expressway on the Gurugram border to the Mahipalpur region of Delhi. The newly-launched section saves commuters a lot of time on this stretch, but it is the same bottleneck once they enter the Delhi side. It took about 65 minutes from the start of the Dwarka Expressway in Gurugram to reach the All India Institute of Medical Sciences (AIIMS) in Delhi. Urban Extension Road II The other project Prime Minister Modi opened on Sunday was the Urban Extension Road II (UER 2). The six-lane expressway, which is over 75 km long, starts from NH-44 in Alipur and passes through Rohini, Mundka, Najafgarh, and Dwarka. It ends at Delhi-Gurugram Expressway on NH-48 near Mahipalpur. PM Modi has opened the Alipur-Dichaon Kalan stretch of Urban Extension Road-II with new links to Bahadurgarh and Sonipat. Built at Rs 5,580 crore, it aims at reducing the traffic on the capital's Inner and Outer Ring Roads, and choke points like Mukarba Chowk, Dhaula Kuan and NH-09.
Hans India
11 minutes ago
- Hans India
New tunnel road to ease traffic at Hebbal flyover: Shivakumar
Bengaluru: Deputy Chief Minister DK Shivakumar on Monday said that a new 1.5 km long tunnel road is being planned from Esteem Mall to Baptist Hospital to ease traffic at Hebbal flyover. Speaking to reporters after declaring open the new loop of Hebbal flyover from Outer Ring Road to Bellary Road, he said, 'Our government is committed to address the traffic congestion in the city. We have discussed the financial implications of the new 1.5 km tunnel road.' 'The new loop has been built at a cost of Rs 80 crore. The other loop from Esteem mall towards Mekhri circle would be read by November. The total cost of the project is Rs 300 crore. The new loops increase the number of lanes from two to six. BDA Chairman has taken the responsibility to get the other loop ready by November,' he explained. 'We have called tenders for 16.5 km tunnel road at a cost of Rs 17,000 crores. I have briefed the CM about manage traffic between Hebbal and Silk Board junctions,' he added. 'I am very transparent. Money is not important; work needs to be completed at any cost. A young MP has accused me of doing projects for money, but I don't need money. BJP hasn't done any major work during its tenure and its leaders haven't brought any funds from the Centre. Asked if the new loops of Hebbal flyover would lead to more traffic at Mekhri circle, he said, 'I can't respond to everything that is said.'
Hans India
11 minutes ago
- Hans India
TCA sees key role of KTR, Kavitha in HCA misdeeds
Hyderabad: The Telangana Cricket Association (TCA) General Secretary Dharam Guruva Reddy has alleged that former minister K T Rama Rao and MLC Kavitha played a key role in irregularities within the Hyderabad Cricket Association (HCA) through fraudulent accounting and the manipulation of club memberships. Addressing a press conference, the TCA general secretary alleged that a quid pro quo was at play in the HCA's misdeeds, with these and many more irregularities coming to light with the ongoing CID investigation. Guruva Reddy referenced the 2015-16 HCA AGM Report, which mentioned that K T Rama Rao (then Minister) was nominated as a member of BCCI's IT and Data Management Sub-Committee. Following this, several quid pro quo favours were allegedly exchanged. The TCA general secretary alleged that KTR's brother-in-law, Rajendra Pakala's company, was awarded contracts for IPL ticketing. 'In return, KTR facilitated relief for HCA regarding the payment of Rs 14 crore in property tax to IALA, allowing it to be paid in tiny instalments of just Rs 25 lakh annually,' Reddy claimed. The TCA also questioned HCA's financial practices, alleging that for the last ten years, the association has been 'copy-pasting' the same audit report. Guruva Reddy pointed out that Rs 6.10 crore was given annually for the development of clubs, even to those without teams, and that Rs 12 crore per annum was allocated to HCA administrative affairs. He questioned the justification for such high expenses. Additionally, Guruva Reddy highlighted that HCA's own President's Report (by Arshad Ayub) recorded that with KTR's intervention, negotiations were made to settle outstanding Income Tax and Service Tax dues in flexible instalments. He also noted that even after the ticketing contract ended in 2019, audit books from 2017-2025 still showed annual payments of Rs 12 lakhs to the same company, raising suspicion of ongoing kickbacks. Guruva Reddy also pointed out that the current HCA President was elected fraudulently by manipulating the list of government institutional voters. He informed that the TCA has already written to the CID to expand the investigation to cover the past 10 years of financial irregularities. He claimed that 76 clubs do not fulfil compliance norms of the BCCI bylaws and a total of 155 clubs were liable for suspension. Reddy appealed to the Government and the CID to register criminal cases against all those responsible for the crisis and strongly demanded that the TCA be recognised as a full member of the BCCI to protect and nurture cricket in Telangana.
