Deccan Cements

₹609.6 7 | 1.2%

WEBSITE BSE:502137 NSE : DECAN CEMENT 10 May, 16:01

Market Cap ₹854 Cr.

Stock P/E 19.3

P/B 1.2

Current Price ₹609.6

Book Value ₹ 511.5

Face Value 5

52W High ₹668

Dividend Yield 0.62%

52W Low ₹ 429

Edit Ratio

Deccan Cements Research see more...

Overview Inc. Year: 1979Industry: Cement & Construction Materials

Deccan Cements Ltd is engaged within the production of cement in the form of clinker; production of Portland cement, slag cement and related products, and electricity generation. The Company's segments encompass manufacturing and advertising of cement, and generation and sale of power. Its power department consists of Thermal Power Plant, Hydro-electric Power Unit and Wind Farm. Its merchandise include Ordinary Portland Cement (OPC), which include 53 Grade Ordinary Portland Cement (OPC 53), 43 Grade Ordinary Portland Cement (OPC 43) and 33 Grade Ordinary Portland Cement (OPC 33); Portland Pozzolana Cement; Portland Slag Cement, and Specialty Cements, including Rapid Hardening Cement, High Alumina Cement and Oil Well Cement. It sells its product beneath Deccan Cements logo. It has numerous plants, which includes Cement Plant, which is located at Nalgonda, Telangana; Thermal Power Plant, which is located at Nalgonda, Telangana, and Hydel Power Plant, situated at Guntur, Andhra Pradesh.

Deccan Cements Share Price

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Deccan Cements Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	191	191	186	194	180	211	196	192	167	217
Other Income	2	3	4	3	2	2	3	3	4	4
Total Income	193	193	190	197	182	213	199	195	171	221
Total Expenditure	152	147	162	159	164	186	175	167	154	188
Operating Profit	41	46	28	38	19	27	24	28	17	33
Interest	3	3	3	3	3	3	4	2	3	4
Depreciation	7	6	6	7	7	7	7	7	7	7
Exceptional Income / Expenses	0	0	-19	0	0	0	0	0	0	0
Profit Before Tax	31	37	-0	28	9	17	13	19	8	22
Provision for Tax	8	9	-0	7	2	4	3	5	3	7
Profit After Tax	23	27	0	21	7	12	10	14	5	15
Adjustments	0	-0	0	0	0	-0	-0	0	0	-0
Profit After Adjustments	23	27	0	21	7	12	10	14	5	15
Adjusted Earnings Per Share	16.7	19.4	0.1	14.8	4.7	8.7	7.1	10.1	3.4	11

Deccan Cements Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	573	441	504	665	496	570	651	555	758	792	782	772
Other Income	3	2	3	1	2	4	10	10	10	10	9	14
Total Income	576	443	507	666	499	574	661	565	768	802	791	786
Total Expenditure	509	383	439	550	396	485	556	477	582	630	684	684
Operating Profit	68	59	67	116	103	89	105	88	186	172	107	102
Interest	31	27	27	15	7	6	8	7	8	10	13	13
Depreciation	25	24	19	20	22	23	22	21	23	26	27	28
Exceptional Income / Expenses	0	0	0	0	0	0	0	-10	0	-19	0	0
Profit Before Tax	13	8	21	81	74	61	75	51	155	117	67	62
Provision for Tax	5	3	1	35	27	22	29	-6	40	30	17	18
Profit After Tax	7	5	20	46	47	39	46	57	115	88	49	44
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	7	5	20	46	47	39	46	57	115	88	49	44
Adjusted Earnings Per Share	5.2	3.6	14.2	32.5	33.5	27.5	32.9	40.4	82.2	62.5	35.2	31.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-1%	12%	7%	3%
Operating Profit CAGR	-38%	7%	4%	5%
PAT CAGR	-44%	-5%	5%	21%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	34%	10%	9%	21%
ROE Average	7%	15%	14%	12%
ROCE Average	9%	18%	17%	16%

Deccan Cements Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	225	230	245	286	332	365	406	450	565	646	687
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	206	172	116	45	26	25	25	67	52	46	158
Other Non-Current Liabilities	65	94	81	88	95	99	100	55	56	58	58
Total Current Liabilities	80	92	108	74	82	70	90	139	188	236	251
Total Liabilities	576	588	550	493	535	560	621	710	861	985	1155
Fixed Assets	396	373	356	342	375	361	352	376	445	452	439
Other Non-Current Assets	52	47	44	46	21	18	30	77	39	110	321
Total Current Assets	128	168	150	105	139	181	239	257	378	423	396
Total Assets	576	588	550	493	535	560	621	710	861	985	1155

Deccan Cements Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	57	41	43	26	33	53	76	131	116	259	297
Cash Flow from Operating Activities	43	66	67	140	61	71	58	43	197	84	55
Cash Flow from Investing Activities	-14	-0	-2	-7	-27	-12	-14	-90	-45	-92	-219
Cash Flow from Financing Activities	-46	-63	-82	-125	-15	-36	10	32	-9	45	80
Net Cash Inflow / Outflow	-17	2	-17	9	19	23	55	-15	143	38	-85
Closing Cash & Cash Equivalent	41	43	26	35	53	76	131	116	259	297	212

Deccan Cements Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	5.22	3.59	14.19	32.53	33.46	27.52	32.88	40.44	82.19	62.52	35.19
CEPS(Rs)	22.82	21.01	28.1	47.04	48.97	43.72	48.81	55.37	98.73	81.01	54.75
DPS(Rs)	1	0.6	1.25	2.5	3	3	3.75	4	5	5	3.75
Book NAV/Share(Rs)	160.6	163.88	174.92	204.27	237.24	260.83	290.12	321.18	403.34	460.86	490.77
Core EBITDA Margin(%)	9.92	11.51	11.29	15.18	17.11	14.37	14.63	14.14	23.22	20.43	12.45
EBIT Margin(%)	6.61	7.02	8.39	12.68	13.81	11.22	12.72	10.36	21.5	16.12	10.13
Pre Tax Margin(%)	1.92	1.53	3.73	10.67	12.54	10.24	11.52	9.1	20.5	14.81	8.52
PAT Margin (%)	1.12	1.01	3.47	6.03	7.99	6.49	7.07	10.2	15.19	11.06	6.31
Cash Profit Margin (%)	4.88	5.9	6.88	8.72	11.69	10.3	10.5	13.97	18.25	14.33	9.81
ROA(%)	1.23	0.86	3.49	8.74	9.13	7.05	7.8	8.51	14.65	9.49	4.61
ROE(%)	3.29	2.21	8.38	17.16	15.16	11.05	11.94	13.23	22.69	14.47	7.4
ROCE(%)	9.2	7.51	10.61	23.9	21.1	16.65	19.3	11.33	26.62	17.25	8.98
Receivable days	6.38	13.5	18.14	9.16	5.86	7.4	8.21	20.92	17.55	11.22	12.09
Inventory Days	28.83	45.85	44.42	29.52	34.62	35.74	34.76	43.44	32.73	34.27	45.1
Payable days	430.3	252.15	141.09	129.02	94.71	17.51	20.71	101.38	165.53	162.43	225.67
PER(x)	19.89	23.79	10.89	8.86	16.93	18.41	12.68	4.63	5.03	8.86	11.76
Price/Book(x)	0.65	0.52	0.88	1.41	2.39	1.94	1.44	0.58	1.03	1.2	0.84
Dividend Yield(%)	0.96	0.7	0.81	0.87	0.53	0.59	0.9	2.14	1.21	0.9	0.91
EV/Net Sales(x)	0.6	0.72	0.76	0.67	1.63	1.17	0.78	0.45	0.56	0.81	0.81
EV/Core EBITDA(x)	5.04	5.31	5.65	3.86	7.89	7.46	4.82	2.85	2.28	3.74	5.93
Net Sales Growth(%)	-1.97	-23.18	14.39	31.93	-25.36	14.91	14.23	-14.75	36.49	4.47	-1.3
EBIT Growth(%)	-54.15	-19.14	37.1	99.67	-15.38	-17.73	24.27	-30.55	183.13	-21.65	-37.97
PAT Growth(%)	-84.69	-31.31	295.72	129.2	2.87	-17.75	19.48	22.98	103.25	-23.93	-43.71
EPS Growth(%)	-84.69	-31.31	295.72	129.2	2.87	-17.75	19.48	22.98	103.25	-23.93	-43.71
Debt/Equity(x)	1.06	1.04	0.78	0.28	0.21	0.09	0.13	0.23	0.18	0.26	0.39
Current Ratio(x)	1.6	1.82	1.39	1.42	1.7	2.58	2.66	1.85	2	1.8	1.58
Quick Ratio(x)	0.92	1.05	0.76	0.69	1	1.74	1.94	1.37	1.64	1.46	1.12
Interest Cover(x)	1.41	1.28	1.8	6.3	10.84	11.43	10.61	8.21	21.53	12.3	6.3
Total Debt/Mcap(x)	1.64	2	0.88	0.2	0.09	0.05	0.09	0.4	0.18	0.21	0.46

Deccan Cements Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	56.24	56.24	56.24	56.24	56.24	56.25	56.25	56.25	56.25	56.25
FII	7.63	7.72	8.14	8.5	8.97	9.28	9.4	9.24	10.07	10.83
DII	0.4	0.4	0.43	0.49	0.49	0.49	0.49	0.49	0.49	0.65
Public	35.73	35.63	35.18	34.77	34.3	33.98	33.87	34.02	33.19	32.27
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79
FII	0.11	0.11	0.11	0.12	0.13	0.13	0.13	0.13	0.14	0.15
DII	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	0.5	0.5	0.49	0.49	0.48	0.48	0.47	0.48	0.46	0.45
Others	0	0	0	0	0	0	0	0	0	0
Total	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4

Pros

Company is almost debt free.

Cons

Debtor days have increased from 162.43 to 225.67days.
The company has delivered a poor profit growth of 4% over past five 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.

Deccan Cements News

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Deccan Cements

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Deccan Cements Research see more...

Overview Inc. Year: 1979Industry: Cement & Construction Materials

Deccan Cements Share Price

Alert Data

Quarterly Price

Peer Comparison

Deccan Cements Quarterly Results

Deccan Cements Profit & Loss

Growth Rates

Deccan Cements Balance Sheet

Deccan Cements Cash Flow

Deccan Cements Ratios

Deccan Cements Shareholding Pattern

Deccan Cements News

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