Time To Buy Or Book Profits?

Last Updated:May 26, 2025, 12:54 IST

JK Cement shares soared 19% on May 26 to hit a record high of Rs 6,100 after the company reported strong earnings

JK Cement shares soared 19% on May 26 to hit a record high of Rs 6,100 after the company reported strong earnings for the March quarter (Q4FY25).

Global brokerage Jefferies reiterated its “Buy” rating on the stock with a target price of Rs 5,520, citing a robust 35% year-on-year jump in Q4 EBITDA to Rs 736 crore. The firm noted that the performance was fueled by strong volume growth and better realisations.

Grey cement volumes rose 15% YoY, while realisations improved 3% sequentially. Unit EBITDA rose Rs 225 QoQ to Rs 1,265. For the full fiscal year, JK Cement’s EBITDA stood at Rs 1,980 crore, placing it among the top performers in the sector, according to Jefferies.

Motilal Oswal also maintained a “Buy” recommendation, stating that the results were in line with expectations. The brokerage noted that JK Cement’s expansion plans remain on schedule, with grey cement capacity expected to increase from 24.34 million tonnes per annum (mtpa) to around 30 mtpa by FY26.

JM Financial echoed the optimism, highlighting that JK Cement posted its highest-ever standalone EBITDA for a single quarter. The brokerage recorded a 35% YoY and 50% QoQ increase in EBITDA, exceeding its forecasts.

JK Cement’s net profit for Q4FY25 surged 77% YoY to Rs 417 crore, compared to Rs 236 crore in the year-ago period. Revenue rose 14% YoY to Rs 3,343 crore, while EBITDA grew to Rs 736.6 crore from Rs 547 crore in Q4FY24. Operating margins improved to 22.03% from 18.63% a year earlier.

JK Cement Share Price History

JK Cement’s share price has shown remarkable long-term growth, surging to an all-time high of Rs 6,100 on May 26, 2025, following strong Q4 FY25 results. This marks a substantial rise from its all-time low of Rs 31.25 recorded on March 9, 2009. Over the past decade, the stock has delivered a compound annual growth rate (CAGR) of 23%, accelerating to 36% over five years, 30% over three years, and 28% over the last year.

In recent trading, JK Cement maintained strong momentum, closing at Rs 5,108.50 on May 23, 2025, after consistent gains throughout May. The company’s consistent performance, backed by robust earnings and capacity expansion plans, has positioned it among the top performers in the cement sector.

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