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 ₹ 7,235 Cr.
- Current Price ₹ 352
- High / Low ₹ 379 / 182
- Stock P/E 79.3
- Book Value ₹ 88.1
- Dividend Yield 0.64 %
- ROCE 8.87 %
- ROE 5.14 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 20.9%
Cons
- Stock is trading at 4.00 times its book value
- The company has delivered a poor sales growth of 2.27% over past five years.
- Company has a low return on equity of 7.76% 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 Allcap BSE Commodities Nifty Total Market Nifty Microcap 250 BSE SmallCap
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,437 | 1,545 | 1,462 | 1,875 | 2,222 | 2,522 | 2,422 | 2,324 | 2,725 | 2,938 | 3,185 | 2,709 | |
1,222 | 1,239 | 1,277 | 1,696 | 1,916 | 2,210 | 2,039 | 1,773 | 2,134 | 2,573 | 2,736 | 2,408 | |
Operating Profit | 215 | 307 | 186 | 179 | 306 | 312 | 383 | 551 | 591 | 365 | 449 | 301 |
OPM % | 15% | 20% | 13% | 10% | 14% | 12% | 16% | 24% | 22% | 12% | 14% | 11% |
9 | 6 | 8 | 11 | 19 | 14 | 18 | 18 | 10 | 12 | 15 | 20 | |
Interest | 14 | 14 | 54 | 135 | 129 | 118 | 122 | 94 | 51 | 38 | 34 | 23 |
Depreciation | 56 | 47 | 78 | 122 | 126 | 133 | 141 | 142 | 145 | 147 | 149 | 153 |
Profit before tax | 153 | 251 | 61 | -66 | 70 | 75 | 137 | 334 | 404 | 192 | 281 | 145 |
Tax % | 34% | 22% | -2% | -52% | 37% | 36% | 37% | 36% | 35% | 36% | 38% | 37% |
101 | 195 | 62 | -32 | 44 | 48 | 87 | 214 | 263 | 123 | 175 | 91 | |
EPS in Rs | 4.93 | 9.51 | 3.04 | -1.57 | 2.16 | 2.32 | 4.23 | 10.45 | 12.85 | 6.00 | 8.53 | 4.45 |
Dividend Payout % | 30% | 18% | 33% | -32% | 35% | 32% | 18% | 19% | 19% | 25% | 26% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 2% |
3 Years: | 0% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | 1% |
3 Years: | -30% |
TTM: | -48% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 54% |
3 Years: | 37% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 8% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 21 |
Reserves | 808 | 955 | 1,020 | 967 | 1,002 | 1,033 | 1,098 | 1,285 | 1,505 | 1,583 | 1,723 | 1,787 |
329 | 1,106 | 1,285 | 1,336 | 1,314 | 1,290 | 1,226 | 798 | 316 | 398 | 170 | 70 | |
404 | 484 | 571 | 560 | 601 | 584 | 555 | 708 | 809 | 875 | 943 | 925 | |
Total Liabilities | 1,561 | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,803 |
826 | 798 | 2,207 | 2,296 | 2,251 | 2,355 | 2,272 | 2,207 | 2,115 | 2,010 | 2,021 | 1,990 | |
CWIP | 328 | 1,319 | 239 | 98 | 158 | 48 | 67 | 41 | 40 | 140 | 89 | 24 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115 | 14 | 4 | 11 | 42 |
408 | 448 | 450 | 489 | 528 | 525 | 562 | 448 | 481 | 723 | 734 | 746 | |
Total Assets | 1,561 | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,803 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
192 | 156 | 268 | 259 | 279 | 281 | 292 | 714 | 524 | 111 | 426 | 205 | |
-279 | -922 | -371 | -124 | -149 | -120 | -73 | -162 | 70 | -120 | -85 | -97 | |
92 | 727 | 98 | -108 | -161 | -171 | -206 | -552 | -586 | 35 | -334 | -136 | |
Net Cash Flow | 5 | -40 | -5 | 27 | -31 | -10 | 13 | 0 | 8 | 26 | 7 | -28 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 19 | 23 | 21 | 25 | 26 | 24 | 17 | 17 | 21 | 26 | 33 |
Inventory Days | 114 | 213 | 236 | 196 | 230 | 269 | 269 | 192 | 192 | 331 | 269 | 276 |
Days Payable | 137 | 214 | 340 | 268 | 280 | 270 | 201 | 207 | 238 | 203 | 181 | 198 |
Cash Conversion Cycle | -7 | 19 | -81 | -52 | -25 | 25 | 93 | 2 | -29 | 150 | 114 | 112 |
Working Capital Days | -3 | 13 | -5 | -22 | -16 | -11 | -5 | -21 | -17 | 11 | 9 | 20 |
ROCE % | 16% | 16% | 5% | 3% | 9% | 8% | 11% | 19% | 23% | 12% | 16% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
23 Apr - Board approved office shift; new statutory, internal, and cost auditors appointed effective April 23, 2025.
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Board Meeting Outcome for Board Meeting Outcome
23 Apr - Board approved office shift; new statutory, internal, and cost auditors appointed effective April 23, 2025.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
23 Apr - Board approved office shift; new statutory, internal, and cost auditors appointed effective April 23, 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
23 Apr - Statutory auditor B S R & Associates LLP resigns amid Ambuja's acquisition of Orient Cement.
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
23 Apr - B S R & Associates LLP resigns as auditor amid Ambuja Cements' controlling stake acquisition.
Annual reports
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Financial Year 2024
from bse
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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
from bse
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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
from bse
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Financial Year 2013
from bse
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]