J K Cement Q4 Profit Falls 18% YoY, Margins Contract

📰 Key Highlights Net Profit: ₹3.4B vs ₹4.13B YoY → -18% decline Revenue: ₹36.83B vs ₹33.78B YoY → +9% growth EBITDA: ₹6.7B vs ₹7.4B YoY → -9% decline EBITDA Margin: 18.2% vs 21.8% YoY → margin contraction of ~360 bps 📊 Fundamentals & Ratios PE Ratio (TTM): ~27x (slightly above cement sector average ~24x). ROE: ~12% (down from ~15% last year). Debt-to-Equity: ~0.6 (moderate leverage due to expansion projects). Dividend Yield: ~1.4%. 🏗️ Business Focus & Projects Expanding capacity in North India and South India plants. Strong presence in grey cement, white cement, and wall putty. Focus on premium products and retail distribution. Ongoing projects in capacity expansion and modernization of plants. ⚠️ Risks Margin pressure from rising fuel and raw material costs. Competitive pricing in cement sector. Dependence on infrastructure and housing demand cycles. Exposure to regional demand fluctuations. 📈 Outlook Revenue growth supported by infrastructure push and housing demand. Margin recovery will be critical for sustained profitability. J K Cement remains a leading player in premium cement and wall putty segment, but cost inflation is a near-term challenge.