- JK Cement’s net income for the second quarter is reported at 1.76 billion rupees.
- This net income figure is an increase from 404.7 million rupees in the same period last year.
- However, it falls short of the estimated net income of 1.91 billion rupees.
- Revenue rose by 19% year-over-year to reach 28.59 billion rupees, surpassing the estimate of 27.27 billion rupees.
- Total costs increased by 11% year-over-year, amounting to 26.47 billion rupees.
- Other income experienced a substantial growth of 34% year-over-year, totaling 492.6 million rupees.
- The results for the same period last year were adjusted due to JK Cement acquiring full control of Toshali Cements Pvt.
- Analyst recommendations include 22 buys, 5 holds, and 3 sells.
A look at JK Cement Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
JK Cement Ltd, known for producing Portland and White cement products, appears to have a promising long-term outlook according to Smartkarma Smart Scores. With a strong Growth score of 4 and Momentum score of 4, the company seems well-positioned for future expansion and market performance. Additionally, JK Cement Ltd also demonstrates a decent level of Resilience with a score of 3, indicating its ability to weather economic uncertainties.
While the Value and Dividend scores are moderate at 2, suggesting room for improvement in these areas, the overall outlook for JK Cement Ltd seems positive. Investors may find the company’s growth potential and market momentum appealing, despite some aspects that could be further optimized.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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