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Guj. Sidhee Cement

₹33.1 -0 | 0%

Market Cap ₹294 Cr.

Stock P/E -86.6

P/B 0.6

Current Price ₹33.1

Book Value ₹ 52.6

Face Value 10

52W High ₹0

Dividend Yield 0%

52W Low ₹ 0

Guj. Sidhee Cement Research see more...

Overview Inc. Year: 1973Industry: Cement & Construction Materials

Gujarat Sidhee Cement Ltd (GSCL) markets cement underneath the logo name Sidhee. The Company producers Oridanary Portland Cement (OPC) 53 grade, 43 grade, Portland Pozzolana Cement (PPC) kinds of cement and clinker. Its fundamental merchandise/services are clinker and cement. The variety of Sidhee Cement consists of Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC 43 grade 53 grade). Its merchandise include Sidhee OPC 43 Grade, Sidhee OPC 53 Grade and Sidhee PPC 53P. Sidhee OPC 43 Grade Ordinary Portland Cement is used for structural concrete constructions; residential and commercial complexes; asbestos cement merchandise and ferro-cement works, and concrete roads. The Company exports its merchandise to Africa, Middle East businesses, Sri Lanka and Bangladesh. The Company's plant makes use of the dry technique pre-calcination technology.

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Guj. Sidhee Cement Share Price

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Guj. Sidhee Cement Quarterly Results

#(Fig in Cr.) Sep 2017 Dec 2017 Mar 2018 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 113 128 157 156 166 178 203 188 142 223
Other Income 6 2 2 1 3 1 2 1 1 1
Total Income 119 130 159 157 169 179 205 190 143 224
Total Expenditure 116 123 141 135 166 167 196 178 162 215
Operating Profit 3 8 18 22 3 12 9 12 -19 9
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 2 2 3 3 3 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 5 14 18 -0 8 5 8 -23 5
Provision for Tax 0 0 -6 6 -0 3 2 2 -8 2
Profit After Tax 0 5 20 12 -0 5 3 5 -15 3
Adjustments -0 -5 -20 -0 0 0 0 0 0 -0
Profit After Adjustments 0 0 0 12 -0 5 3 5 -15 3
Adjusted Earnings Per Share 0 0.5 2.3 1.3 -0 0.6 0.4 0.6 -1.7 0.4

Guj. Sidhee Cement Profit & Loss

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 439 446 410 484 469 434 536 563 585 566 703 756
Other Income 5 8 8 8 7 12 12 15 5 9 10 5
Total Income 444 453 418 492 476 446 548 578 590 574 714 762
Total Expenditure 423 396 407 476 474 467 503 574 507 510 668 751
Operating Profit 21 58 11 16 2 -21 45 4 83 64 46 11
Interest 3 2 3 5 5 3 3 7 7 5 4 4
Depreciation 6 7 8 11 9 9 10 10 11 11 10 12
Exceptional Income / Expenses 0 9 0 -7 0 0 0 0 0 0 0 0
Profit Before Tax 12 58 0 -7 -12 -34 32 -13 65 49 31 -5
Provision for Tax 6 18 3 -2 -5 -2 -1 -6 22 18 11 -2
Profit After Tax 6 40 -3 -4 -7 -32 33 -7 42 31 20 -4
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 6 40 -3 -4 -7 -32 33 -7 42 31 20 -4
Adjusted Earnings Per Share 0.4 11.2 -0.8 -0.6 -0.8 -3.7 3.9 -0.8 4.9 3.5 2.3 -0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 8% 10% 5%
Operating Profit CAGR -28% 126% 0% 8%
PAT CAGR -35% 0% 0% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -0% -4% 10% 8%
ROE Average 4% 7% 6% 4%
ROCE Average 7% 11% 8% 8%

Guj. Sidhee Cement Balance Sheet

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 106 142 144 170 177 346 380 378 414 455 475
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 1 1 0 3 13 33 25 21 13 7
Other Non-Current Liabilities 8 29 32 46 32 55 52 46 59 67 77
Total Current Liabilities 107 108 135 124 111 176 161 184 171 163 156
Total Liabilities 223 279 312 340 324 590 626 634 665 698 715
Fixed Assets 78 79 121 100 100 358 416 419 420 416 411
Other Non-Current Assets 17 39 43 104 113 122 103 91 90 91 103
Total Current Assets 127 161 148 136 111 110 108 124 156 190 201
Total Assets 223 279 312 340 324 590 626 634 665 698 715

Guj. Sidhee Cement Cash Flow

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 12 31 59 41 49 5 3 9 2 4 6
Cash Flow from Operating Activities 35 49 9 29 1 21 37 -3 43 41 0
Cash Flow from Investing Activities -8 -15 -47 -51 -24 -32 -45 -7 -10 -6 -9
Cash Flow from Financing Activities -8 -7 20 30 8 9 14 3 -34 -33 5
Net Cash Inflow / Outflow 19 27 -18 8 -15 -2 6 -7 -1 2 -4
Closing Cash & Cash Equivalent 31 59 41 49 34 3 9 2 1 6 2

Guj. Sidhee Cement Ratios

# Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 0.38 11.15 -0.75 -0.63 -0.84 -3.73 3.86 -0.8 4.85 3.46 2.26
CEPS(Rs) 0.81 12.96 1.37 0.98 0.18 -2.64 4.96 0.32 6.09 4.66 3.43
DPS(Rs) 0 1 0 0 0 0 0 0 1 0 0
Book NAV/Share(Rs) 7.3 39.2 38.45 23.82 20.58 40.15 44.02 43.08 46.64 51.15 53.13
Core EBITDA Margin(%) 3.22 9.98 0.63 1.51 -0.99 -6.66 5.87 -1.94 13 9.62 4.91
EBIT Margin(%) 2.98 11.9 0.74 -0.38 -1.36 -6.22 6.22 -1.04 12.07 9.31 4.88
Pre Tax Margin(%) 2.4 11.56 0.09 -1.25 -2.25 -6.83 5.67 -2.2 10.89 8.43 4.29
PAT Margin (%) 1.13 8.06 -0.59 -0.82 -1.36 -6.52 5.91 -1.22 7.12 5.29 2.8
Cash Profit Margin (%) 2.39 9.36 1.08 1.28 0.3 -4.62 7.6 0.49 8.93 7.12 4.25
ROA(%) 2.61 16.05 -0.92 -1.38 -2.18 -7.03 5.47 -1.11 6.53 4.48 2.86
ROE(%) 5.36 32.59 -1.94 -2.91 -4.17 -12.29 9.17 -1.85 10.85 7.11 4.36
ROCE(%) 13.13 46 2.2 -1.18 -3.75 -10.74 8.75 -1.38 16.14 11.29 6.96
Receivable days 19.14 11.73 13.08 11.15 9.97 7.79 6.7 8.17 10.67 12.31 10.69
Inventory Days 38.53 44.53 49.58 40.23 40.34 41.07 33.07 33.17 36.94 42.55 40.91
Payable days 1429.99 1469.57 1247.28 992.8 451.12 448.02 622.29 511.02 586.04 302.71 369.95
PER(x) 22.13 0 0 0 0 0 6.94 0 3.09 9.58 17.54
Price/Book(x) 1.16 0 0.38 1.02 1.19 0.67 0.61 0.54 0.32 0.65 0.75
Dividend Yield(%) 0 0 0 0 0 0 0 0 6.67 0 0
EV/Net Sales(x) 0.23 -0.04 0.08 0.3 0.42 0.52 0.44 0.37 0.21 0.43 0.45
EV/Core EBITDA(x) 4.79 -0.34 3 8.96 124 -10.55 5.26 54.5 1.48 3.81 6.9
Net Sales Growth(%) 25.34 1.54 -8.07 18.13 -3.09 -7.39 23.47 5.01 3.82 -3.26 24.35
EBIT Growth(%) 517.28 309.24 -94.29 -161.15 -247.19 -323.98 214.38 -116.98 1309.02 -25.29 -34.53
PAT Growth(%) 282.04 630.83 -106.76 -64.8 -60.94 -344.92 203.49 -120.96 708.47 -27.96 -34
EPS Growth(%) 282.05 2823.44 -106.76 16.27 -32.93 -344.93 203.49 -120.77 704.91 -28.6 -34.75
Debt/Equity(x) 0.08 0.02 0.15 0.11 0.11 0.08 0.12 0.15 0.11 0.08 0.09
Current Ratio(x) 1.19 1.5 1.1 1.1 1 0.62 0.67 0.68 0.91 1.17 1.28
Quick Ratio(x) 0.67 0.9 0.67 0.6 0.51 0.31 0.38 0.36 0.54 0.73 0.71
Interest Cover(x) 5.09 34.7 1.14 -0.44 -1.54 -10.13 11.22 -0.9 10.26 10.65 8.18
Total Debt/Mcap(x) 0.07 0 0.39 0.09 0.09 0.12 0.2 0.27 0.34 0.13 0.12

Guj. Sidhee Cement Shareholding Pattern

# Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Promoter 70.26 70.26 69.7 69.7 69.53 69.53 69.49 69.42 69.4 69.39
FII 0 0 0 0 0 0 0 0 0 0
DII 0.09 0.09 0.09 0.09 0.09 0.37 0.36 0.26 0.02 0.02
Public 29.65 29.65 30.2 30.2 30.38 30.11 30.14 30.33 30.58 30.59
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.6 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • Debtor days have increased from 302.71 to 369.95days.

* 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.

Guj. Sidhee Cement News

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