JK Cement Limited
J.K. Cement Limited manufactures and sells cement and its related products in India and internationally. The company offers grey cement products; JKMaxx paints, including interior and exterior emulsions, distemper, enamel, and primers; wall putty; and white cement. It also provides tile adhesives and grouts; and wood finishes, as well as construction chemicals solutions. The company was founded i… Read more
JK Cement Limited (JKCEMENT) - Net Assets
Latest net assets as of September 2025: ₹65.38 Billion INR
Based on the latest financial reports, JK Cement Limited (JKCEMENT) has net assets worth ₹65.38 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹178.89 Billion) and total liabilities (₹113.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹65.38 Billion |
| % of Total Assets | 36.55% |
| Annual Growth Rate | 14.65% |
| 5-Year Change | 63.17% |
| 10-Year Change | 270.29% |
| Growth Volatility | 15.95 |
JK Cement Limited - Net Assets Trend (2005–2025)
This chart illustrates how JK Cement Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JK Cement Limited (2005–2025)
The table below shows the annual net assets of JK Cement Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹60.55 Billion | +13.79% |
| 2024-03-31 | ₹53.22 Billion | +14.63% |
| 2023-03-31 | ₹46.42 Billion | +8.20% |
| 2022-03-31 | ₹42.91 Billion | +15.62% |
| 2021-03-31 | ₹37.11 Billion | +23.40% |
| 2020-03-31 | ₹30.07 Billion | +11.59% |
| 2019-03-31 | ₹26.95 Billion | +36.46% |
| 2018-03-31 | ₹19.75 Billion | +11.99% |
| 2017-03-31 | ₹17.63 Billion | +7.84% |
| 2016-03-31 | ₹16.35 Billion | +0.34% |
| 2015-03-31 | ₹16.30 Billion | -7.44% |
| 2014-03-31 | ₹17.61 Billion | +3.85% |
| 2013-03-31 | ₹16.95 Billion | +11.38% |
| 2012-03-31 | ₹15.22 Billion | +9.12% |
| 2011-03-31 | ₹13.95 Billion | +3.23% |
| 2010-03-31 | ₹13.51 Billion | +14.00% |
| 2009-03-31 | ₹11.85 Billion | +12.53% |
| 2008-03-31 | ₹10.53 Billion | +28.44% |
| 2007-03-31 | ₹8.20 Billion | +21.63% |
| 2006-03-31 | ₹6.74 Billion | +71.42% |
| 2005-03-31 | ₹3.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JK Cement Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3347910000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹33.48 Billion | 54.98% |
| Common Stock | ₹772.70 Million | 1.27% |
| Other Comprehensive Income | ₹19.07 Billion | 31.32% |
| Other Components | ₹7.57 Billion | 12.43% |
| Total Equity | ₹60.89 Billion | 100.00% |
JK Cement Limited Competitors by Market Cap
The table below lists competitors of JK Cement Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Technology & Materials Co Ltd
SHE:000969
|
$2.00 Billion |
|
Shandong Xinhua Pharmaceutical Company Limited
PINK:SHNXY
|
$2.00 Billion |
|
Hilton Grand Vacations Inc
NYSE:HGV
|
$2.00 Billion |
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
$2.00 Billion |
|
Iwatani Corporation
MU:IWA
|
$2.00 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
$2.00 Billion |
|
CECEP Wind-Power Corp Co Ltd
SHG:601016
|
$2.00 Billion |
|
AmTrust Financial Services Prf 7 25 Exp15Jun2055
PINK:AFFS
|
$2.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JK Cement Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,671,400,000 to 60,889,800,000, a change of 7,218,400,000 (13.4%).
- Net income of 8,611,200,000 contributed positively to equity growth.
- Dividend payments of 1,544,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,962,500,000.
- Other factors decreased equity by 1,811,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹8.61 Billion | +14.14% |
| Dividends Paid | ₹1.54 Billion | -2.54% |
| Other Comprehensive Income | ₹1.96 Billion | +3.22% |
| Other Changes | ₹-1.81 Billion | -2.97% |
| Total Change | ₹- | 13.45% |
Book Value vs Market Value Analysis
This analysis compares JK Cement Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 51.06x to 6.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹99.12 | ₹5061.00 | x |
| 2006-03-31 | ₹131.73 | ₹5061.00 | x |
| 2007-03-31 | ₹117.28 | ₹5061.00 | x |
| 2008-03-31 | ₹150.63 | ₹5061.00 | x |
| 2009-03-31 | ₹169.50 | ₹5061.00 | x |
| 2010-03-31 | ₹193.24 | ₹5061.00 | x |
| 2011-03-31 | ₹199.48 | ₹5061.00 | x |
| 2012-03-31 | ₹217.67 | ₹5061.00 | x |
| 2013-03-31 | ₹241.76 | ₹5061.00 | x |
| 2014-03-31 | ₹249.71 | ₹5061.00 | x |
| 2015-03-31 | ₹231.24 | ₹5061.00 | x |
| 2016-03-31 | ₹232.46 | ₹5061.00 | x |
| 2017-03-31 | ₹251.62 | ₹5061.00 | x |
| 2018-03-31 | ₹282.42 | ₹5061.00 | x |
| 2019-03-31 | ₹375.57 | ₹5061.00 | x |
| 2020-03-31 | ₹391.84 | ₹5061.00 | x |
| 2021-03-31 | ₹483.61 | ₹5061.00 | x |
| 2022-03-31 | ₹559.73 | ₹5061.00 | x |
| 2023-03-31 | ₹606.31 | ₹5061.00 | x |
| 2024-03-31 | ₹694.33 | ₹5061.00 | x |
| 2025-03-31 | ₹787.71 | ₹5061.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JK Cement Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.25%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.74x
- Recent ROE (14.14%) is above the historical average (12.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 1.60% | 1.91% | 0.28x | 3.03x | ₹-330.37 Million |
| 2006 | 4.83% | 3.73% | 0.60x | 2.17x | ₹-348.58 Million |
| 2007 | 21.78% | 14.48% | 0.75x | 1.99x | ₹966.06 Million |
| 2008 | 25.17% | 18.18% | 0.72x | 1.92x | ₹1.60 Billion |
| 2009 | 11.93% | 9.44% | 0.55x | 2.28x | ₹228.41 Million |
| 2010 | 16.62% | 12.29% | 0.62x | 2.20x | ₹894.25 Million |
| 2011 | 4.49% | 3.01% | 0.61x | 2.44x | ₹-768.68 Million |
| 2012 | 11.47% | 6.85% | 0.71x | 2.35x | ₹223.65 Million |
| 2013 | 13.65% | 7.96% | 0.72x | 2.37x | ₹617.12 Million |
| 2014 | 4.42% | 2.76% | 0.49x | 3.30x | ₹-974.63 Million |
| 2015 | 8.88% | 4.22% | 0.56x | 3.74x | ₹-180.56 Million |
| 2016 | 3.56% | 1.53% | 0.60x | 3.88x | ₹-1.05 Billion |
| 2017 | 10.10% | 4.36% | 0.64x | 3.64x | ₹17.88 Million |
| 2018 | 14.66% | 5.97% | 0.75x | 3.27x | ₹920.88 Million |
| 2019 | 10.03% | 5.14% | 0.71x | 2.75x | ₹8.43 Million |
| 2020 | 16.26% | 8.49% | 0.68x | 2.82x | ₹1.90 Billion |
| 2021 | 18.99% | 10.74% | 0.67x | 2.64x | ₹3.36 Billion |
| 2022 | 15.89% | 8.60% | 0.70x | 2.64x | ₹2.55 Billion |
| 2023 | 9.04% | 4.36% | 0.73x | 2.83x | ₹-451.05 Million |
| 2024 | 14.73% | 6.84% | 0.78x | 2.76x | ₹2.54 Billion |
| 2025 | 14.14% | 7.25% | 0.71x | 2.74x | ₹2.52 Billion |
Industry Comparison
This section compares JK Cement Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $25,889,885,170
- Average return on equity (ROE) among peers: 1.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JK Cement Limited (JKCEMENT) | ₹65.38 Billion | 1.60% | 1.74x | $2.00 Billion |
| ACC Limited (ACC) | $127.02 Billion | 11.26% | 0.43x | $1.13 Billion |
| Andhra Cements Limited (ACL) | $760.52 Million | -108.42% | 15.86x | $5.43 Million |
| Ambuja Cements Limited (AMBUJACEM) | $73.27 Billion | 17.24% | 0.41x | $3.90 Billion |
| Anjani Portland Cement Limited (APCL) | $2.42 Billion | 9.58% | 0.48x | $6.60 Million |
| Birla Corporation Limited (BIRLACORPN) | $17.93 Billion | 31.08% | 0.70x | $302.07 Million |
| Burnpur Cement Limited (BURNPUR) | $1.05 Billion | 2.58% | 1.55x | $6.21 Million |
| Barak Valley Cements Limited (BVCL) | $832.78 Million | -1.18% | 1.67x | $3.13 Million |
| Dalmia Bharat Limited (DALBHARAT) | $31.87 Billion | 1.56% | 0.74x | $1.58 Billion |
| Deccan Cements Limited (DECCANCE) | $2.45 Billion | 8.11% | 1.24x | $45.91 Million |
| EURO PRATIK SALES LIMITED (EUROPRATIK) | $1.30 Billion | 45.81% | 0.22x | $48.13 Million |