JK Cement Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 21774.19 Crore) operating in Cement sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2168.19 Crore, up 16.39 % from last quarter Total Income of Rs 1862.94 Crore and up 37.84 % from last year same quarter Total Income of Rs 1572.95 Crore. Company reported net profit after tax of Rs 214.31 Crore in latest quarter.
Investment Rationale
JKCE is likely to post industry-leading volume growth over next few years backed by strong expansion plans. Consolidated net debt declined by Rs6.5bn to
Promoter/FII Holdings
Promoters held 57.7 per cent stake in the company as of March 31, 2021, while FIIs held 16.9 per cent, DIIs 20.6 per cent and public and others 4.8 per cent.
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