External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>In FY24, JK Cement reported a robust cement sales volume of 19.09 million tonnes per annum (MTPA), up 18% YoY from 16.23 MTPA in FY23, with grey and white cement sales up 19% and 9% respectively.</li><li>Growth was driven by an excellent demand environment, boosted by pre-election spending and the addition of new capacity during the year.</li><li>The company’s EBITDA margins improved to 17.8% in FY24 from 13.4% in FY23, an increase of 440 basis points.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In FY24, JK Cement reported a robust cement sales volume of 19.09 million tonnes per annum (MTPA), up 18% YoY from 16.23 MTPA in FY23, with grey and white cement sales up 19% and 9% respectively.Growth was driven by an excellent demand environment, boosted by pre-election spending and the addition of new capacity during the year.The company’s EBITDA margins improved to 17.8% in FY24 from 13.4% in FY23, an increase of 440 basis points.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

JK Cements Ltd - Augmenting Capacity to Support Deeper Market Reach; Retain BUY!

JK Cement Ltd

JK Cements Ltd - Augmenting Capacity to Support Deeper Market Reach; Retain BUY!