JKLAKSHMI
JK Lakshmi Cement Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
JKLAKSHMI
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹565 today
BEAR
₹432
-24%
2.7% a year · 12.7x exit
BASE
₹734
+30%
4.7% a year · 21.1x exit
BULL
₹1,477
+162%
6.3% a year · 41.9x exit
Where the market has priced it
9x17x today98x
- the guided figure reached earnings through a low-confidence bridge
- this company's own median multiple sits 47% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹33.19 (screener) |
|---|---|
| Guided growth | 4.7% a year, said on the call of 22-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 12.67x / 21.13x / 41.85x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 40.14x across 13 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 6%
Overall, we see that FY26-'27 cement demand is going likely to grow at about 6% or so.
Call 22-May-2026 · bridge confidence low · transcript PDF