X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
JK LAKSHMI CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 27.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

JK LAKSHMI CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 27.8%
Fri, 24 May

JK LAKSHMI CEMENT has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

JK LAKSHMI CEMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m8,9709,35011,72525.4%30.7%
Other incomeRs m26413716621.2%-37.0%
TurnoverRs m9,2339,48711,89125.3%28.8%
ExpensesRs m7,9578,36710,41224.4%30.9%
Gross profitRs m1,0139831,31233.6%29.6%
DepreciationRs m459451446-1.0%-2.8%
InterestRs m480471458-2.8%-4.5%
Profit before taxRs m338198574190.3%70.1%
TaxRs m-150142181.9%
Profit after taxRs m338148433193.2%27.8%
Gross profit margin%11.310.511.2
Effective tax rate%-0.325.424.7
Net profit margin%3.71.63.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 30.7% on a year-on-year (YoY) basis. The expenses were up by 30.9% YoY during the same period.
  • The company's operating profit increased by 29.6% YoY during the quarter. Consequently, operating profit margins remained same and stood at 11.2% in 4QFY19.
  • Depreciation charges declined by 2.8% and finance costs declined by 4.5% YoY, respectively.
  • Other income declined by 37.0% YoY during the quarter.
  • Net profit for the quarter increased by 27.8% YoY. Net profit margins during the quarter declined from 3.7% in 4QFY18 to 3.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 25.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 24.4% QoQ during the same period.
  • The company's operating profit increased by 33.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.2% in 4QFY19 as against 10.5% in 3QFY18.
  • Net profit for the quarter increased by 193.2% QoQ, while net profit margins increased from 1.6% in 3QFY18 to 3.6% in 4QFY19.

To see how JK LAKSHMI CEMENT has performed over the last eight quarters, please visit here.

JK LAKSHMI CEMENT Share Price Performance

Over the last one year, JK LAKSHMI CEMENT share price has moved up from Rs 381.0 to Rs 369.6, registering a Loss of Rs 11.4 or around 3.0%.

Overall, the S&P BSE SENSEX is up 13.2% over the year.

Current Valuations

At the current price of Rs 369.6, the price to earnings (P/E) ratio of JK LAKSHMI CEMENT stands at 54.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.0 times.

Equitymaster requests your view! Post a comment on "JK LAKSHMI CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 27.8%". Click here!

  

Related Views on News

JK LAKSHMI CEMENT Announces Quarterly Results (3QFY19); Net Profit Up 71.7% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, JK LAKSHMI CEMENT has posted a net profit of Rs 148 m (up 71.7% YoY). Sales on the other hand came in at Rs 9 bn (up 11.7% YoY). Read on for a complete analysis of JK LAKSHMI CEMENT's quarterly results.

JK LAKSHMI CEMENT 2017-18 Annual Report Analysis (Annual Result Update)

Jan 1, 2019 | Updated on Jan 1, 2019

Here's an analysis of the annual report of JK LAKSHMI CEMENT for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of JK LAKSHMI CEMENT. Also includes updates on the valuation of JK LAKSHMI CEMENT.

JK LAKSHMI CEMENT Announces Quarterly Results (2QFY19); Net Profit Down 41.0% (Quarterly Result Update)

Nov 15, 2018 | Updated on Nov 15, 2018

For the quarter ended September 2018, JK LAKSHMI CEMENT has posted a net profit of Rs 78 m (down 41.0% YoY). Sales on the other hand came in at Rs 9 bn (up 9.6% YoY). Read on for a complete analysis of JK LAKSHMI CEMENT's quarterly results.

JK LAKSHMI CEMENT 2017-18 Annual Report Analysis (Annual Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

Here's an analysis of the annual report of JK LAKSHMI CEMENT for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of JK LAKSHMI CEMENT. Also includes updates on the valuation of JK LAKSHMI CEMENT.

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

JK LAKSHMI CEMENT SHARE PRICE


Jul 19, 2019 (Close)

TRACK JK LAKSHMI CEMENT

  • Track your investment in JK LAKSHMI CEMENT with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON JK LAKSHMI CEMENT

JK LAKSHMI CEMENT - LAFARGE COMPARISON

COMPARE JK LAKSHMI CEMENT WITH

MARKET STATS