Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Saurashtra Cement

₹115.5 1.3 | 1.1%

Market Cap ₹1282 Cr.

Stock P/E 32.1

P/B 1.4

Current Price ₹115.5

Book Value ₹ 81.8

Face Value 10

52W High ₹130

Dividend Yield 0%

52W Low ₹ 57.9

Saurashtra Cement Research see more...

Overview Inc. Year: 1956Industry: Cement & Construction Materials

Saurashtra Cement Ltd is an primarily India-based agency, which is engaged within the manufacture of clinker and cement. The Company produces and sells especially cement of different varieties, such as Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC). The Company additionally sells small quantities of clinker, that is an intermediate product for the manufacture of cement. It's plant is in Gujarat. Its subsidiaries encompass Pranay Holdings Ltd, Prachit Holdings Ltd, Ria Holdings Ltd, Reeti Investments Pvt Ltd, Concorde Cement P. Ltd and Agrima Consultants International Ltd.

Read More..

Saurashtra Cement Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Saurashtra Cement 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 178 192 430 403 329 442 471 446 375 447
Other Income 3 3 5 3 3 4 3 3 3 4
Total Income 180 195 434 406 331 447 475 450 378 451
Total Expenditure 185 181 426 388 375 434 442 415 364 404
Operating Profit -5 14 8 18 -44 12 33 35 14 47
Interest 1 2 2 2 3 3 2 2 2 2
Depreciation 6 6 8 9 10 10 10 10 10 10
Exceptional Income / Expenses 0 0 0 0 0 0 0 -4 -1 -15
Profit Before Tax -11 7 -3 7 -57 -0 21 19 1 20
Provision for Tax -4 3 -0 2 -19 2 7 7 -0 7
Profit After Tax -7 4 -3 4 -38 -3 14 12 1 13
Adjustments -0 -0 -0 0 -0 -0 0 0 -0 0
Profit After Adjustments -7 4 -3 4 -38 -3 14 12 1 13
Adjusted Earnings Per Share -1 0.6 -0.2 0.4 -3.4 -0.3 1.3 1.1 0.1 1.1

Saurashtra Cement 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 540 531 563 530 470 574 622 608 674 1451 1645 1739
Other Income 10 5 8 13 11 18 8 8 12 16 13 13
Total Income 550 537 571 543 481 591 630 617 686 1467 1658 1754
Total Expenditure 428 474 474 467 441 524 617 499 559 1387 1639 1625
Operating Profit 122 63 97 76 40 68 13 118 127 80 19 129
Interest 33 16 13 5 4 3 5 5 4 9 9 8
Depreciation 34 26 35 13 15 18 18 20 20 33 39 40
Exceptional Income / Expenses 161 0 31 10 0 0 3 -16 0 0 0 -20
Profit Before Tax 216 21 79 69 21 46 -7 77 102 37 -29 61
Provision for Tax 32 0 12 25 7 -16 -2 21 30 14 -7 21
Profit After Tax 184 21 68 44 14 62 -5 57 72 23 -22 40
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 184 21 68 44 14 62 -5 57 72 23 -22 40
Adjusted Earnings Per Share 35.9 4.1 13.2 5.6 2 9 -0.7 8.1 10.4 4.1 -3.9 3.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 39% 23% 12%
Operating Profit CAGR -76% -46% -23% -17%
PAT CAGR -196% NAN% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 87% 20% 20% 20%
ROE Average -3% 5% 6% 46%
ROCE Average -2% 8% 8% 23%

Saurashtra Cement 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 148 169 236 265 360 416 408 451 523 904 882
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 114 38 0 1 2 3 4 6 5 11 5
Other Non-Current Liabilities 15 21 29 31 75 30 11 33 30 108 94
Total Current Liabilities 157 190 151 160 152 154 172 187 185 379 376
Total Liabilities 435 417 416 457 590 602 595 677 742 1403 1358
Fixed Assets 207 189 178 201 317 334 349 351 345 813 831
Other Non-Current Assets 99 97 101 83 109 84 65 81 94 118 176
Total Current Assets 128 131 137 173 163 185 181 245 303 472 351
Total Assets 435 417 416 457 590 602 595 677 742 1403 1358

Saurashtra Cement 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 10 21 23 20 3 6 6 8 8 10 3
Cash Flow from Operating Activities 127 83 78 72 34 49 15 63 134 -8 21
Cash Flow from Investing Activities 19 -2 18 -24 -25 -37 -16 -38 -121 -30 32
Cash Flow from Financing Activities -134 -82 -100 -65 -7 -12 3 -23 -17 31 -49
Net Cash Inflow / Outflow 11 -1 -4 -16 2 0 2 1 -4 -7 5
Closing Cash & Cash Equivalent 21 41 20 3 6 6 8 8 4 3 8

Saurashtra Cement 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) 35.89 4.08 13.21 5.58 2.01 9.03 -0.71 8.13 10.35 4.08 -3.88
CEPS(Rs) 42.61 9.14 20.02 9.39 4.23 11.59 1.93 10.96 13.22 9.93 2.98
DPS(Rs) 0 0 0 1 1 1 0 1.75 1.75 0 0
Book NAV/Share(Rs) 27.01 31.1 44.34 43.67 52.09 59.91 57.88 63.64 73.85 149.27 145.36
Core EBITDA Margin(%) 18.74 9.88 14.09 10.59 5.53 8.43 0.74 17.58 16.56 4.29 0.35
EBIT Margin(%) 41.55 6.37 14.71 12.42 4.67 8.42 -0.32 13.19 15.44 3.14 -1.17
Pre Tax Margin(%) 35.99 3.57 12.59 11.61 3.98 7.85 -1.07 12.44 14.81 2.52 -1.72
PAT Margin (%) 30.64 3.57 10.74 7.4 2.62 10.55 -0.77 9.09 10.45 1.56 -1.3
Cash Profit Margin (%) 36.38 7.99 16.28 9.54 5.52 13.55 2.11 12.26 13.34 3.79 1
ROA(%) 42.87 4.91 16.25 10.03 2.66 10.48 -0.82 8.88 10.18 2.15 -1.59
ROE(%) 395.73 14.05 35.02 17.88 4.46 16.12 -1.21 13.39 15.09 3.4 -2.63
ROCE(%) 121.11 12.28 34.89 27.84 7.51 12.31 -0.47 17.85 20.91 6.02 -2.03
Receivable days 9.82 9.42 10.3 10.31 9.83 10.31 9.98 14.73 16.71 10.87 14.88
Inventory Days 36.87 38.47 38.93 38.77 36.67 35.35 38.69 52.28 41.04 29.73 39.56
Payable days 300.54 204.89 388.27 310.79 577.64 635.33 524.15 8184.06 406.77 345.09 240.05
PER(x) 0.57 4.55 3.29 11.02 30.02 7.7 0 3.46 6.12 15.35 0
Price/Book(x) 0.76 0.6 0.98 1.41 1.16 1.16 0.82 0.44 0.86 0.42 0.34
Dividend Yield(%) 0 0 0 1.63 1.66 1.44 0 6.23 2.76 0 0
EV/Net Sales(x) 0.47 0.34 0.39 0.61 0.78 0.73 0.45 0.2 0.41 0.17 0.16
EV/Core EBITDA(x) 2.08 2.85 2.28 4.29 9.08 6.16 21.46 1.02 2.16 3.11 14.06
Net Sales Growth(%) 22.81 -1.66 5.9 -5.87 -11.24 22.01 8.38 -2.17 10.77 115.36 13.4
EBIT Growth(%) 928.97 -85.04 148.49 -20.59 -66.3 101.19 -104.08 4129.44 30.27 -56.3 -142.47
PAT Growth(%) 996.8 -88.62 223.52 -35.22 -68.25 349.12 -107.88 1248.21 27.94 -68.03 -195.17
EPS Growth(%) 996.8 -88.62 223.51 -57.74 -63.99 349.12 -107.86 1245.3 27.39 -60.61 -195.06
Debt/Equity(x) 1.22 0.71 0.05 0.07 0.05 0.04 0.08 0.06 0.04 0.12 0.08
Current Ratio(x) 0.82 0.69 0.91 1.08 1.07 1.2 1.05 1.31 1.64 1.24 0.93
Quick Ratio(x) 0.39 0.39 0.39 0.78 0.69 0.84 0.6 0.78 1.34 0.75 0.45
Interest Cover(x) 7.46 2.28 6.92 15.3 6.78 14.59 -0.43 17.54 24.43 5.06 -2.13
Total Debt/Mcap(x) 1.69 1.25 0.06 0.05 0.04 0.04 0.1 0.14 0.05 0.23 0.18

Saurashtra Cement Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 72.73 72.65 72.51 72.51 72.49 72.46 67.17 67.14 67.09 66.96
FII 0 0 0 0 0 0 0 0 0 0
DII 0.2 0.46 0.46 0.46 0.31 0.2 0.13 0.28 0.37 0.37
Public 27.06 26.89 27.03 27.03 27.2 27.34 32.7 32.58 32.54 32.67
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 345.09 to 240.05days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 5% over the 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.

Saurashtra Cement News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....