Panyam Cements & Mineral Industries Ltd
Panyam Cements and Mineral Industries Limited (Panyam) is a cement manufacturing
company based in Kurnool, Andhra Pradesh. The Company was admitted to NCLT and went through a restructuring phase.[1]
- Market Cap ₹ 134 Cr.
- Current Price ₹ 167
- High / Low ₹ 263 / 77.1
- Stock P/E
- Book Value ₹ -259
- Dividend Yield 0.00 %
- ROCE -22.6 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.115 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cement Industry: Cement - South India
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
103 | 47 | 93 | 223 | 208 | 163 | 66 | 0 | 0 | 0 | 39 | 120 | 148 | |
108 | 64 | 94 | 201 | 191 | 166 | 96 | 22 | 6 | 71 | 65 | 152 | 187 | |
Operating Profit | -5 | -17 | -2 | 22 | 17 | -4 | -29 | -22 | -6 | -71 | -26 | -32 | -39 |
OPM % | -5% | -37% | -2% | 10% | 8% | -2% | -44% | -67% | -26% | -26% | |||
48 | 33 | 4 | 11 | 14 | 16 | 14 | -41 | 2 | 275 | -29 | 14 | 10 | |
Interest | 13 | 13 | 12 | 14 | 24 | 34 | 42 | 88 | 11 | 0 | 0 | 21 | 23 |
Depreciation | 8 | 7 | 6 | 6 | 7 | 9 | 8 | 7 | 5 | 4 | 4 | 16 | 17 |
Profit before tax | 22 | -4 | -15 | 12 | 1 | -31 | -65 | -158 | -21 | 200 | -60 | -55 | -69 |
Tax % | 22% | 0% | 0% | 10% | 136% | 0% | 4% | 0% | 0% | -2% | 0% | 0% | |
17 | -4 | -15 | 11 | -0 | -31 | -67 | -158 | -21 | 203 | -60 | -55 | -69 | |
EPS in Rs | 10.92 | -2.66 | -9.46 | 6.67 | -0.19 | -18.65 | -39.97 | -93.65 | -12.44 | 5,054.85 | -74.61 | -68.59 | -85.89 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | % |
TTM: | 184% |
Compounded Profit Growth | |
---|---|
10 Years: | -11% |
5 Years: | 4% |
3 Years: | % |
TTM: | -69% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 86% |
3 Years: | % |
1 Year: | 121% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 0.40 | 8 | 8 | 8 |
Reserves | 18 | 14 | -2 | 11 | 1 | -31 | -98 | -261 | -282 | -62 | -122 | -177 | -216 |
88 | 108 | 100 | 68 | 124 | 124 | 126 | 130 | 131 | 140 | 231 | 349 | 363 | |
109 | 75 | 104 | 152 | 160 | 181 | 245 | 393 | 409 | 1 | 34 | 27 | 43 | |
Total Liabilities | 231 | 213 | 218 | 247 | 301 | 292 | 291 | 279 | 275 | 80 | 150 | 207 | 199 |
78 | 71 | 73 | 68 | 86 | 81 | 74 | 66 | 61 | 31 | 94 | 117 | 128 | |
CWIP | 29 | 31 | 25 | 24 | 19 | 24 | 23 | 23 | 23 | 19 | 14 | 16 | 0 |
Investments | 7 | 1 | 1 | 1 | 31 | 32 | 32 | 27 | 27 | 0 | 0 | 0 | 0 |
117 | 109 | 119 | 153 | 164 | 155 | 162 | 163 | 164 | 30 | 42 | 73 | 71 | |
Total Assets | 231 | 213 | 218 | 247 | 301 | 292 | 291 | 279 | 275 | 80 | 150 | 207 | 199 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -26 | 14 | 30 | -5 | 35 | 48 | 111 | 6 | 61 | -34 | -38 | |
2 | 2 | 3 | 6 | -67 | -8 | -0 | 5 | 0 | -26 | -68 | -75 | |
-4 | 26 | -17 | -32 | 68 | -27 | -49 | -117 | -6 | -28 | 97 | 111 | |
Net Cash Flow | -2 | 1 | 0 | 4 | -4 | -0 | -0 | 0 | 0 | 7 | -5 | -2 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 84 | 54 | 32 | 45 | 61 | 130 | 13 | 10 | |||
Inventory Days | 790 | 719 | 471 | 153 | 224 | 146 | 314 | 45,938 | 112 | 512 | ||
Days Payable | 609 | 394 | 345 | 197 | 229 | 204 | 873 | 134,320 | 307 | 316 | ||
Cash Conversion Cycle | 245 | 408 | 180 | -11 | 40 | 3 | -429 | -182 | 206 | |||
Working Capital Days | -22 | -86 | -152 | -97 | -106 | -220 | -1,025 | -25 | 8 | |||
ROCE % | -6% | -15% | -2% | 25% | 21% | 2% | -32% | -31% | -23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper publication of the un-audited financial results for the second quarter and half year ended 30th September 2024
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Financial Results For Q2 Ended 30.09.2024
13 Nov - Board approved un-audited financial results for Q2 2024.
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Announcement under Regulation 30 (LODR)-Credit Rating
13 Nov - Infomerics assigns IVR BB-/Negative rating to Panyam Cements.
- Financial Results For Q2 Ended 30.09.2024 13 Nov
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Board Meeting Outcome for Outcome Of The Board Meeting
13 Nov - Board approved un-audited financial results for Q2 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Insolvency and Revival[1]
NCLT in May,2020 admitted the application for initiation of the Corporate Insolvency
Resolution Process (“CIRP”) on the company. Further, the NCLT approved the Resolution Plan for revival of the Company. Thereafter, the Joint Lenders at their meeting held on 06th July, 2021 nominated the members of Implementation and Monitoring Committee (IMC) to oversee implementation of the approved resolution plan and look after affairs of the Company. The said IMC has discharged their duties in their last meeting held on 13th January, 2023 and handed-over the affairs of the Company to the new board of directors.