Overview: JK Cement Limited is an affiliate of the industrial conglomerate JK Organisation, which has been in business since the early 1900s.
About the company: JK Cement Limited begin in the year 1974 with a capacity of 0.3 million tonnes at Nimbahera in Rajasthan, today the company has an installed grey cement capacity of 14 million tonnes, with plants located at Rajasthan, Karnataka, Haryana and UP manufacture grey cement in three facilities located at Gotan, Nimbahera and Mangrol in the state of Rajasthan in Northern India We also have one grey cement facility at jharli, Dist:Jhajjar, Haryana and one in Muddapur, Dist: Bagalkot, Karnataka.
JK White Cement is the second largest manufacturer of white cement in India, with an annual capacity of 6, 18,000 tonnes and the company is also the leading producer of wall putty in the country. JK White Cement's plants are accredited with ISO – 9001 and 14001 Certified Company.The company made its first international foray with the setting up of a green-field dual process White Cement-cum-Grey Cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets.With a total grey cement capacity of 14 million tonnes, white cement capacity of 1.2 million tonnes (including capacity of Fujairah – 0.6 MnTPA) and wall putty capacity of 9,00,000 tonnes, JK Cement Limited is one of the leading cement company of the nation.
Management: Smt. Sushila Devi Singhania is the Chairperson, Dr. Raghavpat Singhania is the Managing Director and Mr. Madhavkrishna Singhania is the Deputy Managing Director & CEO of the company.
Foreign Institutions: 15.41%
N Banks Mutual Funds: 19.94%
General Public: 3.63%
Financial Institutions: 1.7%
Dividend: J. K. Cement has declared an equity dividend of 75.00% amounting to Rs 7.5 per share for the year ending March 2020.
Sales Report: For the October-December quarter, JK Cement has reported a Consolidated Total Income of Rs 1,862.94 Crore, which is up 12.03 % from last quarter Total Income of Rs 1,662.95 Crore and up 24.61 % from last year same quarter Total Income of Rs 1,494.97 Crore. For the same quarter, the company net profit after tax of Rs 217.29 Crore.
|Stock Name : J K CEMENT LTD||Buy : 2835||Posted Date : April 12, 2021|
|Stopless : 2781||Target : 2970|
If you find any mistake please contact the email@example.com. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned.Largecapindia aim to bring you long term focused research analysis driven by fundamental.