JK Cement Limited (JKCEMENT) - Net Assets
Based on the latest financial reports, JK Cement Limited (JKCEMENT) has net assets worth Rs70.90 Billion INR (≈ $766.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs185.00 Billion ≈ $2.00 Billion USD) and total liabilities (Rs114.10 Billion ≈ $1.23 Billion USD). 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. Check JKCEMENT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs70.90 Billion |
| % of Total Assets | 38.33% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 65.25% |
| 10-Year Change | 302.07% |
| Growth Volatility | 15.57 |
JK Cement Limited - Net Assets Trend (2005–2026)
This chart illustrates how JK Cement Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of JK Cement Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for JK Cement Limited (2005–2026)
The table below shows the annual net assets of JK Cement Limited from 2005 to 2026. For live valuation and market cap data, see how much is JK Cement Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs70.90 Billion ≈ $766.79 Million |
+17.09% |
| 2025-03-31 | Rs60.55 Billion ≈ $654.85 Million |
+13.79% |
| 2024-03-31 | Rs53.22 Billion ≈ $575.52 Million |
+14.63% |
| 2023-03-31 | Rs46.42 Billion ≈ $502.05 Million |
+8.20% |
| 2022-03-31 | Rs42.91 Billion ≈ $464.02 Million |
+15.62% |
| 2021-03-31 | Rs37.11 Billion ≈ $401.33 Million |
+23.40% |
| 2020-03-31 | Rs30.07 Billion ≈ $325.24 Million |
+11.59% |
| 2019-03-31 | Rs26.95 Billion ≈ $291.45 Million |
+36.46% |
| 2018-03-31 | Rs19.75 Billion ≈ $213.57 Million |
+11.99% |
| 2017-03-31 | Rs17.63 Billion ≈ $190.71 Million |
+7.84% |
| 2016-03-31 | Rs16.35 Billion ≈ $176.85 Million |
+0.34% |
| 2015-03-31 | Rs16.30 Billion ≈ $176.25 Million |
-7.44% |
| 2014-03-31 | Rs17.61 Billion ≈ $190.41 Million |
+3.85% |
| 2013-03-31 | Rs16.95 Billion ≈ $183.34 Million |
+11.38% |
| 2012-03-31 | Rs15.22 Billion ≈ $164.61 Million |
+9.12% |
| 2011-03-31 | Rs13.95 Billion ≈ $150.85 Million |
+3.23% |
| 2010-03-31 | Rs13.51 Billion ≈ $146.13 Million |
+14.00% |
| 2009-03-31 | Rs11.85 Billion ≈ $128.19 Million |
+12.53% |
| 2008-03-31 | Rs10.53 Billion ≈ $113.91 Million |
+28.44% |
| 2007-03-31 | Rs8.20 Billion ≈ $88.69 Million |
+21.63% |
| 2006-03-31 | Rs6.74 Billion ≈ $72.92 Million |
+71.42% |
| 2005-03-31 | Rs3.93 Billion ≈ $42.54 Million |
-- |
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs772.70 Million | 1.10% |
| Other Components | Rs69.60 Billion | 98.90% |
| Total Equity | Rs70.37 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 |
|---|---|
|
KBR Inc
NYSE:KBR
|
$4.44 Billion |
|
RadNet Inc
NASDAQ:RDNT
|
$4.44 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
$4.45 Billion |
|
Opendoor Technologies Inc
NASDAQ:OPEN
|
$4.45 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
$4.44 Billion |
|
Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385
|
$4.44 Billion |
|
Mobile World Investment Corp
VN:MWG
|
$4.43 Billion |
|
Kilroy Realty Corp
NYSE:KRC
|
$4.43 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 2025 to 2026, total equity changed from 60,889,800,000 to 70,372,500,000, a change of 9,482,700,000 (15.6%).
- Net income of 9,924,900,000 contributed positively to equity growth.
- Dividend payments of 1,158,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 19,070,000,000.
- Other factors increased equity by 19,786,500,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs9.92 Billion | +14.1% |
| Dividends Paid | Rs1.16 Billion | -1.65% |
| Other Comprehensive Income | Rs-19.07 Billion | -27.1% |
| Other Changes | Rs19.79 Billion | +28.12% |
| Total Change | Rs- | 15.57% |
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: 5.84x
- 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 53.61x to 5.84x 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 | Rs99.12 | Rs5314.00 | x |
| 2006-03-31 | Rs131.73 | Rs5314.00 | x |
| 2007-03-31 | Rs117.28 | Rs5314.00 | x |
| 2008-03-31 | Rs150.63 | Rs5314.00 | x |
| 2009-03-31 | Rs169.50 | Rs5314.00 | x |
| 2010-03-31 | Rs193.24 | Rs5314.00 | x |
| 2011-03-31 | Rs199.48 | Rs5314.00 | x |
| 2012-03-31 | Rs217.67 | Rs5314.00 | x |
| 2013-03-31 | Rs241.76 | Rs5314.00 | x |
| 2014-03-31 | Rs249.71 | Rs5314.00 | x |
| 2015-03-31 | Rs231.24 | Rs5314.00 | x |
| 2016-03-31 | Rs232.46 | Rs5314.00 | x |
| 2017-03-31 | Rs251.62 | Rs5314.00 | x |
| 2018-03-31 | Rs282.42 | Rs5314.00 | x |
| 2019-03-31 | Rs375.57 | Rs5314.00 | x |
| 2020-03-31 | Rs391.84 | Rs5314.00 | x |
| 2021-03-31 | Rs483.61 | Rs5314.00 | x |
| 2022-03-31 | Rs559.73 | Rs5314.00 | x |
| 2023-03-31 | Rs606.31 | Rs5314.00 | x |
| 2024-03-31 | Rs694.33 | Rs5314.00 | x |
| 2025-03-31 | Rs787.71 | Rs5314.00 | x |
| 2026-03-31 | Rs910.70 | Rs5314.00 | 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): 14.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.23%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.63x
- Recent ROE (14.10%) is above the historical average (12.11%), 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 | Rs-330.37 Million |
| 2006 | 4.83% | 3.73% | 0.60x | 2.17x | Rs-348.58 Million |
| 2007 | 21.78% | 14.48% | 0.75x | 1.99x | Rs966.06 Million |
| 2008 | 25.17% | 18.18% | 0.72x | 1.92x | Rs1.60 Billion |
| 2009 | 11.93% | 9.44% | 0.55x | 2.28x | Rs228.41 Million |
| 2010 | 16.62% | 12.29% | 0.62x | 2.20x | Rs894.25 Million |
| 2011 | 4.49% | 3.01% | 0.61x | 2.44x | Rs-768.68 Million |
| 2012 | 11.47% | 6.85% | 0.71x | 2.35x | Rs223.65 Million |
| 2013 | 13.65% | 7.96% | 0.72x | 2.37x | Rs617.12 Million |
| 2014 | 4.42% | 2.76% | 0.49x | 3.30x | Rs-974.63 Million |
| 2015 | 8.88% | 4.22% | 0.56x | 3.74x | Rs-180.56 Million |
| 2016 | 3.56% | 1.53% | 0.60x | 3.88x | Rs-1.05 Billion |
| 2017 | 10.10% | 4.36% | 0.64x | 3.64x | Rs17.88 Million |
| 2018 | 14.66% | 5.97% | 0.75x | 3.27x | Rs920.88 Million |
| 2019 | 10.03% | 5.14% | 0.71x | 2.75x | Rs8.43 Million |
| 2020 | 16.26% | 8.49% | 0.68x | 2.82x | Rs1.90 Billion |
| 2021 | 18.99% | 10.74% | 0.67x | 2.64x | Rs3.36 Billion |
| 2022 | 15.89% | 8.60% | 0.70x | 2.64x | Rs2.55 Billion |
| 2023 | 9.04% | 4.36% | 0.73x | 2.83x | Rs-451.05 Million |
| 2024 | 14.73% | 6.84% | 0.78x | 2.76x | Rs2.54 Billion |
| 2025 | 14.14% | 7.25% | 0.71x | 2.74x | Rs2.52 Billion |
| 2026 | 14.10% | 7.23% | 0.74x | 2.63x | Rs2.89 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: $63,902,954,889
- Average return on equity (ROE) among peers: 18.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JK Cement Limited (JKCEMENT) | Rs70.90 Billion | 1.60% | 1.61x | $4.44 Billion |
| ACC Limited (ACC) | $31.73 Billion | 39.07% | 0.88x | $2.74 Billion |
| Ambuja Cements Limited (AMBUJACEM) | $48.60 Billion | 37.99% | 0.39x | $11.45 Billion |
| Birla Corporation Limited (BIRLACORPN) | $3.85 Billion | 32.57% | 1.70x | $832.20 Million |
| Dalmia Bharat Limited (DALBHARAT) | $12.41 Billion | 9.31% | 1.72x | $3.47 Billion |
| Grasim Industries Limited (GRASIM) | $361.58 Billion | 6.83% | 0.65x | $23.04 Billion |
| Global Surfaces Limited (GSLSU) | $3.04 Billion | -9.39% | 0.83x | $23.26 Million |
| HeidelbergCement India Limited (HEIDELBERG) | $11.71 Billion | 18.84% | 1.30x | $372.78 Million |
| IFGL Refractories Limited (IFGLEXPOR) | $968.69 Million | 29.41% | 1.60x | $150.90 Million |
| The India Cements Limited (INDIACEM) | $101.24 Billion | -0.66% | 0.32x | $1.32 Billion |
About 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