Profile of JK Cement

The J. K. Organisation is a group of companies with 3 headquarters in Delhi, Kanpur and Mumbai, run by the
Singhania family which rose to prominence in Kanpur, India, under Lala Kamlapatji. The JK group was founded in
1918. The group rose in importance in the 1960s and 1970s when it occupied the third position as an industrial
conglomerate after the Birla and Tata conglomerates. The family is currently divided into three main groups
headed by 3 patriarchs namely Dr Gaur Hari Singhania based out of Kanpur, Shri Hari Shankar Singhania based
out of Delhi and Shri Vijaypat Singhania, based out of Mumbai. These three patriarchs are first cousins who now
run independent businesses.
The Kanpur family runs JK Cement Ltd, JK Technosoft, JK Cotton Ltd while the Delhi family runs, JK Tyre, JK
Papers, JK Lakshmi Cement, Fenner India, JK Risk Managers & Insurance Brokers and the Mumbai family runs
the Raymonds group of companies.
The Company is the third largest white cement manufacturer in the world with 1.20 Mntpa capacity, including
0.6 Mntpa White Cement Plant at Fujairah, U.A.E. Besides, it is the second largest producer of Wall Putty in India
with installed capacity of 0.7 Mntpa.
Key Facts
One of the largest white cement manufacturer in the World with 1.20 MTPA capacity including 0.6 MTPA White
Cement Plant at Fujairah commissioned in Mar 2014. Also 2 nd largest producer of wall putty in India with
installed capacity of 0.5 MTPA
Highly reputed brand with extensive nation-wide distribution
Integrated Cement manufacturing company with 7.5 MTPA grey cement capacity Nimbahera, Mangrol and
Gotan (Rajasthan): 4.5 MTPA Muddapur (Karnataka): 3.0 MTPA 140.7 MW of Captive power (including
Waste Heat Recovery of 23.2 MW) Proximity and access to large high quality captive reserves of limestone
Expanded domestic grey cement capacity to 10.5 MTPA. Mangrol (Rajasthan): 1.5 MTPA - Commissioned in
September 2014. Jhajjar (Haryana): 1.5 MTPA split grinding unit - Commissioned in June 2014
Greenfield Expansion in the Middle East Fujairah (UAE): Dual process plant - 0.6 MTPA white cement or 1.0
MTPA Grey cement Commissioned in Sept 14
JK Cements LT credit rating by CARE Ratings has been AA- since FY 13.Total Employees as on 31 st March 2016
are 2745
Listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) with a
market capitalization of INR 47.01bn (as of March 12, 2015)
Aspiration Statement
In 2020 J.K.CEMENT will be a global white cement brand and a premium national grey cement
brand with a total capacity of 20 MNPTA. We will continue to be an innovative and ethical company
which ensures sustainability and inclusive growth across its businesses.
Established Brands
Grey Cement
Ordinary Portland cement (OPC) is sold under the
J.K.CEMENT brand name, Sarvashaktiman.

Portland Pozzolona Cement (PPC) and Portland Slag

Cement (PSC) variants are sold under the J.K. Super
cement brand name.

White Cement
J.K. White Cement is marketed and distributed
across the country.

Value Added Products

White cement based wall putty and water proofing
compound

J.K. PRIMAXX
JK PRIMAXX is a robust , multipurpose product
which is a perfect blend of adhesion , strength and
durability

Owners/Promoters -: Singhania Family

Shareholding Pattern
(in %)

Mar-15

Jun-15

Sep-15
66.97

Dec15
67.02

Mar16
66.99

Promoter

66.93

66.93

FII

10.61

10.95

10.95

9.84

9.49

DII

9.86

9.71

14.03

15.27

15.75

Others

12.6

12.41

8.05

7.87

7.77

Key Top Management-:

Mr.Yadupati
Singhania
Chairman and
Managing Director
Mr. B.K. Arora
Business Head
(J.K. White
Cement)

Mr. Raghavpat
Singhania
Special Executive
Mr. Ashok Ghosh
President
(Education & CSR)

Mr.
Madhavkrishna
Singhania
Special Executive
Mr. Christer
Eriksson
CEO (J.K. Cement
Works, Fujairah)

Mr. A.K. Saraogi

CFO & President
(Corporate Affairs)

Mr. Rajnish Kapur

Business Head
(Grey Cement)

Mr. V.D.V Singh

Head (Corporate
HR)

Mr.Shambhu Singh
AVP (Legal) &
Company
Secretary - Acting
as Compliance
Officer

Significant Indicators -:
Performance during the year

FY 2015-16(In Rs)

Net Sales (in lacs)

353104

FY 201415(In Rs)
333731

EBITDA (in lacs)

51901

46381

PAT (in lacs)

10153

15692

Earning Per Share

14.52

22.44

Book Value Per Share

231.2

232.4

Market Capitalisation

INR 49.977(Billion)

Market price per share

675.50

666.10

JK White Cement

Current market share: ~43% (Based on FY 14) .Pan-India reach with established brand
During FY 2014, White cement contributed ~31% to revenue.
Sufficient to service interest liability & tax payout of the entire company.

Profile of JK LAKSHMI CEMENT

JK Lakshmi Cement Limited is a part of the 125 years old JK Organisation. An eminent industrial house, with
operations in India and abroad and having a leadership presence in the fields of tyre, cement, paper, power
transmissions and sealing solutions, dairy products and textiles.
JK Lakshmi Cement (JKLC) was set up in 1982 in a village in District Sirohi, Rajasthan. Today, the company
stands tall with an annual turnover of about Rs. 2700 Crores and an impressive production of 8.3 million tonnes
per annum.
JK Lakshmi Cement is the strength behind structures that India is proud of Indra Gandhi Nahar Pariyojna,
Sardar Sarovar Project, Golden Quadrilateral , Mundra and Kandla Port stands to name a few. It partners Indias
leading corporations such as L&T, Reliance, NTPC and Essar to create the new Indias success story. It is the
brand choice across all section of customers such as housing projects, roads and bridges , airports , factories
and as well as the individual house builder (IHB). Behind these numbers and achievements lies a story of grit,
perseverance and a thirst to excel through innovations in products ,using world-class technology , excellence in
manufacturing by being the least cost producer , a robust marketing and distribution network ; and the heart to
give the society an opportunity to grow.
Vision:
To be A Profitably growing Innovative and Caring Company, to become a significant player in operating market
and amongst the Top Ten in Indian cement market.
Mission:

Double Sales and Profit (PBIDT) in 4 years

Achieve Operational Excellence

Create superior value for customer through Premium Products & Brand Positioning

Be a workplace of choice-Attract, Retain and grow Talent Pool of change leaders

Continuously enhance shareholders wealth and be a preferred portfolio among investors

Socially Responsible Corporate Citizen

Established Brands
JK Lakshmi Pro+ Cement

JK Lakshmi Power Mix Concrete

JK SMARTBLOX AAC CONCRETE BLOCK

JK LAKSHMI PLAST PLASTER OF PARIS

JK GYPGOLD GYPSUM PLASTER

Owners/Promoters -: Singhania Family

Shareholding Pattern
(in %)

Jun-15

Sep-15
45.94

Dec15
45.94

Mar16
45.94

Promoter

45.94

FII
DII

13.42

14.37

13.70

13.13

18.37

18.35

19.20

19.72

Others

22.27

21.34

21.16

21.21

Key Top Management-:

Shri Bharat Hari
Singhania
,Chairman and
Managing Director
Shri Ravi
Jhunjhunwala
Director

Smt. Vinita
Singhania,
Chairman and
Managing Director
Shri Kashi Nath
Memani
Director

Shri B. V.
Bhargava
Director

Dr. Raghupati
Singhania
Director

Shri Nand Gopal

Khaitan
Director

Shri Pradeep
Dinodia
Director

Dr. Shailendra
Chouksey
Whole-Time
Director

Shri Sushil Kumar

Wali
Whole-Time
Director

Significant Indicators -:
Performance during the year

FY 2015-16(In Rs)

Net Sales (in Crore)

2999.63

FY 201415(In Rs)
2596.69

EBITDA (in crore)

330.41

377.66

PAT (in Crore)

6.28

95.60

Earning Per Share

10.82

18.27

Book Value Per Share

114.7

113.7

Market Capitalisation

INR 41.911 (Billion)

Market price per share

351.90

381.70

Total number of employees 1384 as of 31st March,2016.

The Company's Operational & Financial performance has been quite satisfactory. It achieved a growth of about
5% in cement volumes as against industry's growth of about 2% in our zone and about 4% on all India basis.

the Company's net sales turnover increased from Rs. 2337.86 crore to Rs. 2596.69 crore, viz. an increase of
11%. Company's Operating Profit at Rs. 377.66 crores showed an improvement of 9% over the previous year.
Consequent to lower payout of the interest and lower provision for depreciation, the Company's profit before
tax registered a healthy growth of 35% at Rs. 175.02 crore.