JK Cement Ltd (NSE:JKCEMENT)
₹ 4675.35 75.8 (1.65%) Market Cap: 361.26 Bil Enterprise Value: 407.10 Bil PE Ratio: 42.74 PB Ratio: 6.90 GF Score: 95/100

Q1 2025 J K Cement Ltd Earnings Call Transcript

Jul 22, 2024 / 10:30AM GMT
Release Date Price: ₹4471.95 (+4.37%)

Key Points

Positve
  • Grey Cement volumes grew by about 6% year on year.
  • Central India expansion achieved 93% capacity utilization.
  • Commissioned a 2 million tons greenfield grinding unit at Prayagraj in record time of 10 months.
  • Profit after tax increased by 60% year on year.
  • Net debt to EBITDA ratio is at a manageable 1.36 as of June 30, 2024.
Negative
  • Net sales for the quarter dropped by 11% compared to the previous quarter.
  • EBITDA decreased by 13% quarter on quarter.
  • Profit before tax fell by 19% quarter on quarter.
  • Profit after tax declined by 14% quarter on quarter.
  • Pricing pressures are expected to continue into the second quarter, with a potential 1.5% drop in prices.
Operator

Ladies and gentlemen, good day, and welcome to the JK Cement earnings conference call for the quarter ended June 30, 2024 hosted by PhillipCapital India Private Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Vaibhav Agarwal from PhillipCapital India Private Limited. Thank you. And over to you, Mr. Agarwal.

Vaibhav Agarwal
PhilipCapital India Private Limited - Analyst

Yeah, thank you (inaudible) Good evening, everyone. On behalf of PhillipCapital India Private Limited, we welcome you to the Q1 FY25 call of J K Cement Limited. On the call, we have with us Mr. Ajit Kumar Saraogi, David Deputy Managing Director and CFO; and Mr. Prashant Seth, President, Business Information and Investor Relations.

I would like to mention on behalf of J K Cement Limited and its management that certain statements that may be made or discussed on today's conference call and maybe forward-looking statements related to future developments and based on current expectations.

These

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