Orient Cement Ltd
Orient Cement Ltd is primarily engaged in the manufacture and sale of Cement and its manufacturing facilities at present are located at Devapur in Telangana, Chittapur in Karnataka and Jalgaon in Maharashtra.[1]
- Market Cap ₹ 7,194 Cr.
- Current Price ₹ 351
- High / Low ₹ 379 / 182
- Stock P/E 61.3
- Book Value ₹ 85.4
- Dividend Yield 0.64 %
- ROCE 16.1 %
- ROE 10.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 23.6%
Cons
- The company has delivered a poor sales growth of 4.78% over past five years.
- Company has a low return on equity of 12.0% over last 3 years.
* 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
Part of BSE SmallCap BSE Allcap BSE Commodities Nifty Microcap 250 Nifty Total Market
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,500 | 1,437 | 1,545 | 1,462 | 1,875 | 2,222 | 2,522 | 2,422 | 2,324 | 2,725 | 2,938 | 3,185 | 2,772 | |
1,181 | 1,222 | 1,239 | 1,277 | 1,696 | 1,916 | 2,210 | 2,039 | 1,773 | 2,134 | 2,573 | 2,736 | 2,425 | |
Operating Profit | 319 | 215 | 307 | 186 | 179 | 306 | 312 | 383 | 551 | 591 | 365 | 449 | 346 |
OPM % | 21% | 15% | 20% | 13% | 10% | 14% | 12% | 16% | 24% | 22% | 12% | 14% | 12% |
4 | 9 | 6 | 8 | 11 | 19 | 14 | 18 | 18 | 10 | 12 | 15 | 20 | |
Interest | 19 | 14 | 14 | 54 | 135 | 129 | 118 | 122 | 94 | 51 | 38 | 34 | 25 |
Depreciation | 56 | 56 | 47 | 78 | 122 | 126 | 133 | 141 | 142 | 145 | 147 | 149 | 153 |
Profit before tax | 249 | 153 | 251 | 61 | -66 | 70 | 75 | 137 | 334 | 404 | 192 | 281 | 188 |
Tax % | 35% | 34% | 22% | -2% | -52% | 37% | 36% | 37% | 36% | 35% | 36% | 38% | |
162 | 101 | 195 | 62 | -32 | 44 | 48 | 87 | 214 | 263 | 123 | 175 | 117 | |
EPS in Rs | 7.89 | 4.93 | 9.51 | 3.04 | -1.57 | 2.16 | 2.32 | 4.23 | 10.45 | 12.85 | 6.00 | 8.53 | 5.72 |
Dividend Payout % | 25% | 30% | 18% | 33% | -32% | 35% | 32% | 18% | 19% | 19% | 25% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 11% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 30% |
3 Years: | -6% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 51% |
3 Years: | 32% |
1 Year: | 58% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 10% |
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 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 736 | 808 | 955 | 1,020 | 967 | 1,002 | 1,033 | 1,098 | 1,285 | 1,505 | 1,583 | 1,723 | 1,732 |
149 | 329 | 1,106 | 1,285 | 1,336 | 1,314 | 1,290 | 1,226 | 798 | 316 | 398 | 170 | 175 | |
353 | 404 | 484 | 571 | 560 | 601 | 584 | 555 | 708 | 809 | 875 | 943 | 843 | |
Total Liabilities | 1,258 | 1,561 | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,770 |
854 | 826 | 798 | 2,207 | 2,296 | 2,251 | 2,355 | 2,272 | 2,207 | 2,115 | 2,010 | 2,021 | 2,004 | |
CWIP | 40 | 328 | 1,319 | 239 | 98 | 158 | 48 | 67 | 41 | 40 | 140 | 89 | 61 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115 | 14 | 4 | 11 | 13 |
365 | 408 | 448 | 450 | 489 | 528 | 525 | 562 | 448 | 481 | 723 | 734 | 692 | |
Total Assets | 1,258 | 1,561 | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,770 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
263 | 192 | 156 | 268 | 259 | 279 | 281 | 292 | 714 | 524 | 111 | 426 | |
-52 | -279 | -922 | -371 | -124 | -149 | -120 | -73 | -162 | 70 | -120 | -85 | |
-134 | 92 | 727 | 98 | -108 | -161 | -171 | -206 | -552 | -586 | 35 | -334 | |
Net Cash Flow | 76 | 5 | -40 | -5 | 27 | -31 | -10 | 13 | 0 | 8 | 26 | 7 |
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 | 19 | 16 | 19 | 23 | 21 | 25 | 26 | 24 | 17 | 17 | 21 | 26 |
Inventory Days | 140 | 114 | 213 | 236 | 196 | 230 | 269 | 269 | 192 | 192 | 331 | 269 |
Days Payable | 124 | 137 | 214 | 340 | 268 | 280 | 270 | 201 | 207 | 238 | 203 | 181 |
Cash Conversion Cycle | 35 | -7 | 19 | -81 | -52 | -25 | 25 | 93 | 2 | -29 | 150 | 114 |
Working Capital Days | -6 | -3 | 13 | -5 | -22 | -16 | -11 | -5 | -21 | -17 | 11 | 9 |
ROCE % | 59% | 16% | 16% | 5% | 3% | 9% | 8% | 11% | 19% | 23% | 12% | 16% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate confirming compliance under Regulation 74(5) for Q1 2025.
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Submission Of Information Under Regulation 30 Of The SEBI Listing Regulations.
2 Apr - Received cautionary letters from NSE and BSE.
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Announcement under Regulation 30 (LODR)-Change in Management
30 Mar - Re-appointment of Mr. Desh Deepak Khetrapal as CEO.
- Closure of Trading Window 26 Mar
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Intimation Under Regulation 30 Of SEBI Listing Regulations.
4 Mar - Approval received for share acquisition by Ambuja Cements.
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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Concalls
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Aug 2024TranscriptPPT
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May 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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May 2023TranscriptPPTREC
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
History
Established in 1979, Orient Cement was formerly a part of Orient Paper & Industries. The company was formed via the demerger of the cement business of Orient Paper & Industries Ltd in 2012. [1]