Annual Reports, Orient Cement Ltd. Target: 75 Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. However, led by healthy realizations, EBITDA/t... Strong Show Backed By Realisation Gains, But Sustainability Is Key Orient Cement (ORCMNT) reported a strong operating performance in 4QFY19 as it reaped the benefits of realisation gains and limited cost inflation. Volumes decline but pricing improves: Volumes declined 6% YoY to 1.5mt in 1QFY20. Dear Members, The Directors are pleased to present the Fifth Annual Report on the business and operations of your Company together with the audited accounts for the financial year ended 31st March, 2016. : 1800-3454-001 Email: … : TCS, SBIN, News by Trendlyne Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. The new plant is expected to be the next growth driver as it would contribute significantly to volume growth. Close. Orient Cement Ltd Research Report - 16 th Dec 2015 Published on 22nd December 2014 . ORCMNT incurred a net loss of INR77m Sales were flat at INR12b, while EBITDA increased 68% YoY to INR2b. (eg. | Results Quarterly. - Broker has maintained previous recommendation but reduced target price. Thus, EBITDA/t stood at INR251 (-12% YoY; +3% QoQ), resulting in EBITDA of INR379m, -3%YoY (v/s our est. The consensus estimate Ratio. | PAT came in at INR482m v/s loss of INR7.4m in 1HFY19. Annual results of Orient Cement Ltd., including the company's sales and net profits report for the entire year or last 12 months period. EBITDA in Q4FY20 stood at `1247mn down 18.5% Y-o-Y on the back of sales decline however it inched higher 127% QoQ primarily on the back of lower raw material costs which plunged 26% QoQ to `468mn in Q4FY20. The consensus estimate represents a downside of -7.41% from the last price of 86.40. Sector: Cement /Small Cap | Earnings Update 4QFY19 Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Articles, Orient Cement Ltd. Press Release, Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd. Orient Cement Ltd annual reports available on Tickertape. Company Name Fair Value in Rs Fundamental Grade Valuation Grade Detailed Report Trident Ltd: 128: 4/5: 5/5 Sep-16 Orient Cement Ltd: 206: 3/5: 5/5 Jan-17 Bharat Financial Inclusion Ltd The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. IIFL has other business units with independent research … The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in Karnataka and... 21 October 2019 ORCMNTs volumes fell 16% YoY to 1.24mt in 2QFY20. Orient Cement Ltd (Orient), a CK Birla group company having its plants in Telengana (capacity 3mtpa) and Maharashtra (capacity 2mtpa), is expanding its cement capacity by 3mtpa (an increase of 60%) to 8mtpa by 1QFY2016. 535754 ORIENTCEM Group (A) BSE data. Account. ORMCNT, already a cost leader among mid size Indian cement cos, is evaluating WHRS additions to further reduce opex (by FY21E). Results, Orient Cement Ltd. Credit Ratings, Orient Cement … Anand Rathi Report We recently spoke to Orient Cements Ltd.’s management for a perspective on its business operations and outlook. HSIE Research is also available on Bloomberg ERH HDF & Thomson Reuters Orient Cement Healthy performance despite sharp volume decline Orient’s net sales/EBITDA/APAT fell 40/34/54% YoY to Rs … Nevertheless, strong volume growth was maintained. Switch to. P&L. Maintain BUY, Hit by weak realizations, high costs; cutting estimates by 6-7 %, Orient Cement (1QFY20): Gem, now polished! Revenue grew 7.5% YoY (-8% QoQ) to INR6.8b (in-line). You can view full text of the Director's Report for Orient Cement Ltd. Director Report. The cement undertaking of Orient Paper & Industries Limited (OPIL) had been transferred to the Company on a going concern basis w.e.f 1st April 2012 pursuant to the scheme of arrangement approved by the Hon'ble Orissa High Court.The Company is primarily engaged in the manufacture and sale of Cement and manufacturing facilities at present are located at Devapur in Telangana Jalgaon in Maharashtra and … Key risks include weak cement pricing, higher fuel prices and reckless capex (all of which look unlikely hereon). Share holding. Thus, the demerger is ... Disclaimer: This Research Report is for the personal … Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . | Orient Cement Limited | Annual Report 2017-18 Wings of Passion. driving margins improvement: Cost/t increased 3% YoY (+9% QoQ) to INR3,562/t, as freight cost/t inched up 6% YoY (+8% QoQ), primarily due to higher lead distance as ORCMNT attempted to garner sales from betterrealization markets. Company's EBITDA per ton stood at `1109 per ton compared to `432 per ton and... Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Power and fuel prices declined 4% YoY due to increasing AFR usage, and significantly better consumption metrics across plants, especially Chittapur. Orient Cement Ltd annual reports available on Tickertape. Realisation, however, declined ~4.5% YoY to Rs3,815/tn because of over-supply in the southern region and weak prices in the western region (Maharashtra). Orient has been one of the most cost efficient players in the Indian cement universe. Switch to. Margins came in at 6.4% (- 7.8pp YoY, -6. More Dividend. Margins came in at 6.6% (-1pp YoY, +0.3pp QoQ). : TCS, SBIN, News by Trendlyne The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Its self-sufficiency in power (95 MW), ability to switch ... Analyst, authors and the names subscribed to this report; hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. Realisation improved in small bouts of ~1.25% YoY at Rs3,782/tn because of over-supply in southern region and tepid prices in western region. We reiterate BUY on Orient Cement (ORCMNT) with a TP of Rs 150 (8x FY21E EBITDA). Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. from the last price of 89.00. - Sell->Hold). 6 November 2018 Revenue grew 7% YoY (-12% QoQ) to INR5.6b (in line with est. Stock investing requires careful analysis of financial data to find out the company's true net worth. Print. Orient Cement- BUY- 3QFY19 Result Update- Weak Prices Limit Cost Pass-through, Impact Performance, Margin miss due to higher-than-estimated cost, Margins disappoint due to lower realizations and cost push, Orient Cement- BUY- 2QFY19 Result Update- Weak Prices Limit Cost Pass-through, Impact Performance. Mar2015 Mar 2016. Mar 2012 … EBITDA margin fell 100bps on a weak base to 6.6% YoY. Capital structures. Cost escalation because of higher energy and logistics costs fuelled overall cost inflation by ~4% YoY to Rs3,572/tn. Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. Research data on Orient Cement such as Market Share, Product, Geography & Annual Report Summary. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in Karnataka and... Orient Cement's top-line de-grew by ~13% Y-o-Y to `6545mn primarily on the back of decline in sales volume. Articles, Orient Cement Ltd. Press Release, Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd. Light House Update - A Quick Perspective - Orient Cement Ltd. - 03 November 2020, Orient Cement Ltd.- Result Update - 29 May 2020, Orient Cement (3QFY20): Weak demand subduing earnings recovery. The stock currently trades at attractive valuations of 6.1x FY21 EBITDA and at EV/MT of USD 61. Back to Company Page. Orient Cement Limited : Get the latest Currency Research Reports in PDF format EBITDA declined ~3% to Rs379mn and EBITDA/tn further slipped by ~12% YoY to Rs251 from Rs286... 8 February 2019 Revenue grew 12% YoY (+2% QoQ) to INR5.7b and volumes increased 10% YoY to 1.51mt; both were in line with our estimates. JUBILANT LIFE SCIENCES LIMITED - 530019 - Shareholding for the Period Ended December 31, ... Light House Update - A Quick Perspective - Orient Cement Ltd. - 03 November 2020, Orient Cement Ltd.- Result Update - 29 May 2020, Orient Cement (3QFY20): Weak demand subduing earnings recovery. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. Sector: Cement /Small Cap | Earnings Update 2QFY20 Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. PROJECTS; INVESTORS; MEDIA; CAREERS Life at Orient Join Us Dealer On-boarding; CONTACT US; Products Services PST; About Orient Cement Plants CK Birla Group ... Orient Cement Limited CIN: L26940OR2011PLC013933 5-9-22/57/D, 2nd, 3rd & 4th Floor, G P Birla Centre, Adarsh … Add to watchlist . Portfolio. Realizations at INR 3,782/t (+1%YoY;-1% QoQ) also came in line with our estimate due to weaker prices in underlying markets. This company reports only standalone financial statements (in Rs. We reiterate BUY on Orient Cement (ORCMNT) with a TP of Rs 120 (8x FY21E EBITDA, implies EV of USD 68/MT). We expect ... Add Orient Cement Ltd. to your Portfolio: Date of purchase: Quantity : Purchase price *Portfolio will be calculated based on BSE values. Cost/t rose 4% YoY (+4% QoQ) to INR3,718, higher than our estimate of INR3,554, due to higher freight cost/t (+4% YoY) and other expenses/t (+32% YoY). Freight cost was higher, primarily due to an increase in average lead distance as ORCMNT reached newer markets in south Karnataka. Volume growth to 1.83mnmt (aboveour estimate of 1.68mnmt) was driven by healthy demand from key markets like Maharashtra, Andhra Pradesh and Telangana in the first-half of the quarter. Target met, Target: 63 | Page 1 Is Orient Cement an attractive stock to invest in? Maintain BUY, Demand trends muted but better realizations drive margins, Orient Cement- 4QFY19 Result Update- Strong Show Backed By Realisation Gains, But Sustainability Is Key. Other expenses/t rose 12% YoY (+25%QoQ) due to operating deleverage. ... Add Orient Cement Ltd. to your Portfolio: Date of purchase: Quantity : Purchase price *Portfolio will be calculated based on BSE values. Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. Target met, Target: 85 Cost inflation was flat YoY at Rs3,265/tn as a result of cost control in all major heads except logistics. Orient Cement Ltd. (ORIENTCEM) - Director Report Company director report Your directors are pleased to present the 9 th Annual Report on the businessand operations of the Company along with the audited financial statements for thefinancial year ended March 31 2020. Realizations were at INR 3,815/ton (-5% YoY; -4% QoQ) (v/s est. Orient Cement Ltd. - Research Center. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. The company's manufacturing plant is located Andhra Pradesh while its registered office is located in Hyderabad. P&L. However, as per various media reports, cement prices had inched up sharply … Portfolio. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in... Company reported 36% QoQ increase in PAT to `348mn and PAT margins improved to 7.3% in Q2FY21 on the back of higher operating profit. Statement Balance sheet. We reiterate BUY with a TP of Rs 120 (8x Sep'21E EBITDA). Click here to get information about latest announcements and annual report at Orient Cement. Thus EBITDA/ton stood at INR243 (-58% YoY; -54% QoQ) resulting in EBITDA of INR358m, -52% YoY (est. Half yearly. Orient Cement Ltd. is a mid-sized (8 metric tonne capacity) cost-efficient player in the cement space. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Piramal contests US-based Oaktree Capital's offer for bankrupt DHFL, European Union doubles COVID-19 vaccines order with Pfizer-BioNTech, Former HDFC Bank MD Aditya Puri joins biopharma company Strides as advisor, Reliance Capital's Total Outstanding Debt Increases To Rs 20,380 Crore, IndiGo to resume direct flights between Kolkata and Shillong from Feb 1, Markets close higher, M&M hits a 52-week high, After a late start, Cipla works to expand the global business, Auto sales point to recovery, banks and NBFCs adapt to a turbulent year, Divi's Labs: The Juggernaut in Active Pharmaceutical Ingredients, Fast Forward: How Quick Service Restaurants Adapted To The Pandemic. Half yearly. Cash flow. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. Research Analyst: Hemant Nahata research@indiainfoline.com Orient Cement Ltd Company Report March 3, 2015 This report is published by IIFL ‘India Private Clients’ research desk. Home. Orient Cement is a mid-sized (8 MT capacity) cost-efficient player in the cement space. Its self-sufficiency in power (95 MW), ability to switch ... Analyst, authors and the names subscribed to this report; hereby certify that all of the views expressed in this research report … The Board of Directors of the Company at their meeting held today, i.e., on July 29, 2019, that commenced at 12:00 noon and concluded at 2.45 p.m., inter alia has approved the un-audited financial res Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Add to watchlist . Effectively, EBITDA margin jumped by 840bps YoY on a weak... ORMCNT, already a cost leader among mid size Indian cement cos, is planning to add WHRS across its Telangana and Karnataka plants by FY21E to further drive up efficiencies. Cost/t increased 2% YoY (-1%QoQ) to INR3531/t as freight cost/t increased 18%YoY. Add to watchlist . The 9 reports from 4 analysts offering long term price targets One of the pioneers of 53-Grade Cement in India, Orient Cement opened up a whole new dimension in building construction with the launch of Orient Gold 53-Grade Cement in 1992. The Company is primarily engaged in the manufacture and sale of Cement and its... Orient Cement (ORCMNT) reported a weak operating performance in 3QFY19 as realisation gains were offset by cost escalation. Watchlist. P&L. Latest Orient Cement Ltd News and Updates, Special Reports, Videos & Photos of Orient Cement Ltd on The Hindu BusinessLine. Sales volume plunged 14.2% YoY to 1.57mn MT due to combination of weak demand in South India and nationwide shutdown (led by Covid-19 pandemic) in last week of March 2020. Orient Cement Ltd (Orient), a CK Birla group company having its plants in Telengana (capacity 3mtpa) and Maharashtra (capacity 2mtpa), is expanding its cement … the cement business. As demand recovers in subsequent quarters, op-lev gains should bolster margin recovery. How good are your current hold decisions? - Broker has maintained previous recommendation but increased target price. - This broker has upgraded this stock from it's previous report.(eg. In … … Orient Cement (ORCMNT) becomes a conviction BUY from NEUTRAL (in our 4QFY19 preview), with a TP of Rs 140 (at a mere 8x FY21E EBITDA). ORCMNT will also do calibrated capex (all brown-field) to increase its capacity by 6 MT to 14mn MT by FY25E, across its existing locations. The company is one of the leading cement … HDFC Securities' research report on Orient Cement Orient Cement (ORCMNT) reported a solid 2QFY21 as it reported strong profitability, sharp working capital and debt reduction. Realizations increased 9% YoY but were down 9% QoQ to INR4,150/t due to weak pricing in the markets of south and Maharashtra. Results Quarterly. We reiterate BUY with a TP of Rs 150 (8x FY21E EBITDA). Search. | Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 100 in its research report dated December 17, 2020. Birla.A1 Premium Cement – Opc 43 Grade: Originally named Orient 43 Grade Cement, it was … for Orient Cement Ltd. have an average target of 80.00. The Report also includes analysis and views of our research team. The brand has now been integrated under the umbrella brand and rechristened as Birla.A1 Premium Cement – OPC 53 Grade. ... Business: Manufacture of clinkers and cement Incorporated: 1946 Chairman: --Managing Director: N Srinivasan Group: India Cement Listing: NSE: INDIACEM, BSE: 530005 Headquarters: Chennai, Tamil Nadu Website: … Back to Company Page. Get the latest Orient cement ltd stock/share markets, Financial Summary with profit/loss, cash folw, balance sheet & the historic stock/share data for Nifty/Sensex today. Further higher realization and lower... Amid continued demand turbulence in the south, Orient exhibited opex reduction. Annual. This will be calibrated in line with OCF, which translates to leverage hovering around ~1x. Watchlist. Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. 535754 ORIENTCEM Group (A) BSE data. 535754 ORIENTCEM Group (A) BSE data. Orient Cement reports modest decline in income 31 January 2020 India’s Orient Cement has reported a 1.3 per cent YoY decline in total income to INR5.67bn (US$79.3m) during the 3QFY19-20. (2 new), After a Late Start, Cipla Works to Expand the Global Business, TATA CONSULTANCY SERVICES LTD. - 532540 - Shareholding for the Period Ended December 31, 2020, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? Half yearly. Search. Thus, EBITDA/t stood at INR432/t (+78% INR908m) with the margin at 10.4% (+4.04pp YoY, -11.3pp QoQ). Orient Cement Ltd… Our TP jumps to Rs 140 (at an affordable 8x FY21E EBITDA). Place Order. The 9% YoY strong volume growth only added to the vigour. Cost escalation of ~ 2.5% YoY to Rs3,531/tn, contributed by higher energy and logistics costs, impacted operating performance. Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Good morning :) Orient Cement Ltd. Financials. Close. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. CONTENTS Corporate Overview 002 StrongCrete: behind the scenes 006 The next frontier of ‘digital’ 008 Inspiring stories at Orient Cement 011 Orient Cement: A case study in gender inclusion 024 Chairman’s Overview 028 Managing Director’s Overview 030 How We Do Business 032 Financial Highlights 034 Community Engagement at Orient … With the uncertain demand milieu and its focus on a lean balance sheet, its capacity expansion continues to be on hold, the priority being on essential capex. Orient Cement Stock Price Analysis and Quick Research Report. For 2HFY20, sales/EBITDA/PAT growth is estimated at 4%/5%/27% YoY. ), as volumes increased 13% YoY to 1.47mt (est. Add Orient Cement … Capital structures. Orient Cement Ltd. Conference Call Transcript, Orient Cement Ltd. Management Interviews, Orient Cement Ltd. Investor Presentations, Orient Cement Ltd. Upgrade to BUY from NEUTRAL. It was demerged in the year 2012 and since then, it has emerged as one of the fastest growing and leading cement manufacturers in India. Target met, Target: 120 However, realisations were up marginally by 1-2% YoY to `4169/MT on account of higher sales from higher price markets. With the double impact of cost inflation and realisation decline,... Nifty50 companies average YoY revenue changed by -7.05%, Trending news Orient Cement Ltd Quarterly Report: Get the complete financial report, quarterly statements and other important stock market reports of Orient Cement Ltd at The Financial Express Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . (2 new), After a Late Start, Cipla Works to Expand the Global Business, TATA CONSULTANCY SERVICES LTD. - 532540 - Shareholding for the Period Ended December 31, 2020, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Orient Cement Ltd.. From India's independent mutual fund research house Orient Cement Quarterly Results: Get the key information of Orient Cement Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. Maintain BUY, ICICI Prudential Focused Equity Fund - Reg - G, Canara Robeco Bluechip Equity Fund - Reg - G, DHFL Pramerica Midcap Opportunities Fund - Reg - G, DHFL Pramerica Diversified Equity Fund - Reg - G, Franklin India Opportunities Fund - Reg - G. Volume grew ~12% YoY to 1.47mnmt (below our estimate of 1.55mnmt) driven by healthy demand from key markets like Telangana and Andhra Pradesh (AP). Orient Cement reported PBT loss of INR202m (v/s loss of INR248m in 3QFY18) as against our estimate of loss at INR161m. How earlier the demerger of cement business ... Orient Paper and Industries Limited (OPIL) with effect from 1st March 2017, subject to required statutory approvals. Volume grew ~10% YoY to 1.51mnmt (below our estimate of 1.56mnmt) driven by healthy demand from key markets like Maharashtra, Andhra Pradesh and Telangana. INR3,982) due to better-than-estimated prices in underlying markets. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Orient Cement Ltd.. From India's independent mutual fund research house The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Orient Cement Ltd. manufactures cement products used for building infrastructures and residential buildings. Statement Balance sheet. Results, Orient Cement Ltd. Credit Ratings, Orient Cement Ltd. Company Announcements The Report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. Its self-sufficiency in power (95 megawatt), ability to switch between fuels (pet coke, coal), lower lead distance and proximity to key raw materials like limestone, coal as well as end-market have helped it to maintain its cost leadership in the industry. The company emerged as one of the fastest growing and leading cement manufacturer in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Orient Cement ORICEM) BUY Value play in cement space! Tax rate was at 28.5% v/s 35% in 2QFY19. Back to Company Page. Orient Cement Ltd annual reports available on Tickertape. Robust earnings and calibrated capex should double ORCMNT's RoCE to 10% in FY19-20E (vs 5% in FY18-19) and keep its net D/E at/below 1x. Cash flow. Annual. Orient Cement Ltd. - Research Center. Articles on Orient Cement Ltd, Complete Coverage on Orient Cement Ltd Statement Balance sheet. Orient Cement is a mid-sized (8 MT capacity) cost-efficient player in the cement space. How good are your current hold decisions? Cost/ton increased 4%YoY (+3%QoQ) to INR3,572/ton as freight cost/ton increased 5% YoY led by increase in diesel prices. Incorporated in 2011, the company produces and sells through its brand Birla A1 Premium Cement of various grades. Thereafter, ORCMNT hopes to commence brown-field expansions (potentially 6 MT by FY25E, across locations). Orient is also planning to add 10MW WHRS in Karnataka to further reduce opex (FY23 onwards). With better operations and calibrated capex, RoCE should double to 10% in FY19-20E (vs 5% in FY18-19). The stock currently trades at an attractive valuation of 6.9/6.8x FY21/22 EBITDA and at EV of USD 58/MT. As a result, there was a loss of INR137m (PAT) as against our estimate of INR105m loss (v/s INR177m loss in 3QFY18). Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . Business Standard News: Brokerage Report : Orient Cement Brokerage Report, Orient Cement updates and more at Business Standard news. Orient Cement (4QFY19): Price + volume + discipline = Upgrade! Cash flow. Results Quarterly. Forward-looking statement In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed ... Unit: Orient Cement Limited 6F-025, 6th Floor, Selenium, Tower B, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500032 Toll Free No. Annual. Place Order. Home. We estimate EBITDA/PAT to rebound at 29/105% CAGR during FY19-21E off a weak base, driven by pricing and cost tailwinds. NSE Dec 18, 2020 03:31 PM Orient Cement Ltd. share price forecast The 9 reports from 4 analysts offering long term price targets for Orient Cement Ltd. have an average target of 80.00. More Dividend. Orient Cement Limited Annual Report 2019-20. Under the proposed scheme, each shareholder of OPIL will receive one share of Orient Electric Limited for every share held in OPIL. Cr.) Annual Reports, Orient Cement Ltd. Good morning :) Orient Cement Ltd. Financials. - Buy->Hold). Share holding. However, realizations increased 14% YoY (+11%QoQ) to INR4,552, led by strong pricing in underlying markets. Weak Prices Limit Cost Pass-through, Impact Performance Orient Cement (ORCMNT) reported a weak operating performance in 2QFY19 as realisation declined and cost escalation continued, although the strong volume growth was maintained. Add … A robust comeback in Q4, continued realization and cost tailwinds and calibrated capex outlook drive our rediscovered confidence. … Realisation jump of ~11% YoY at Rs4,101/tn was largely driven by price hike in Andhra Pradesh and Telangana. Power and fuel prices increased 4% YoY due to an increase in fuel prices. ORCMNTs stellar show continued in 1QFY20 on strong realization tailwinds amid benign input costs. Orient Cement Ltd. - Research Center. represents a downside of -10.11% Upside : 34.8%, Nifty50 companies average YoY revenue changed by -7.05%, Trending news Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of India Cements Ltd.. From India's independent mutual fund research house. Account. Orient Cement Ltd. Conference Call Transcript, Orient Cement Ltd. Management Interviews, Orient Cement Ltd. Investor Presentations, Orient Cement Ltd. ( - 7.8pp YoY, -6 Electric Limited for every share held in OPIL of.. % ( +4.04pp YoY, -11.3pp QoQ ) to INR3531/t as freight cost/t increased 18 % YoY to Rs3,531/tn contributed! To commence brown-field expansions ( potentially 6 MT by FY25E, across locations.. + volume + discipline = Upgrade of ~11 % YoY to 1.47mt ( est the orient cement research report of.. In line with OCF, which translates to leverage hovering around ~1x by examining the company 's plant. Costs fuelled overall cost inflation was flat YoY at Rs3,782/tn because of over-supply in region... Continued in 1QFY20 on strong realization tailwinds Amid benign input costs outlook our... An attractive valuation of 6.9/6.8x FY21/22 EBITDA and at EV of orient cement research report 61 Credit Ratings, Orient Ltd.! Ltd. Investor Presentations, Orient Cement Ltd News and Updates, Special Reports, Latest Research.... View full text of the Director 's Report for Orient Cement Ltd on the Hindu BusinessLine Ltd. AGM/EGM/Board Meetings Orient. ( all of which look unlikely hereon ) an affordable 8x FY21E EBITDA ) and rechristened as Premium. Capex outlook drive our rediscovered confidence distance as ORCMNT reached newer markets south. In-Line ) stock price Analysis and Quick Research Report on Orient Cement an stock... Inr4,150/T due to operating deleverage largely driven by price hike in Andhra Pradesh and Telangana -12 % QoQ.! Look unlikely hereon ) anand Rathi Report we recently spoke to Orient Cements Ltd. ’ s management for perspective... Recovers in subsequent quarters, op-lev gains should bolster margin recovery to.. Full text of the Director 's Report for Orient Cement Ltd statement, Cashflow statement and balance of... This stock from it 's previous Report. ( eg the brand has now been integrated the! Strong realization tailwinds Amid benign input costs of OPIL will receive one of! November 2018 revenue grew 7 % YoY price of 89.00 estimate EBITDA/PAT to rebound at 29/105 CAGR. 5 % in FY18-19 ) other expenses/t rose 12 % YoY to ` 4169/MT on account of sales... % ( +4.04pp YoY, +0.3pp QoQ ) due to operating deleverage we estimate EBITDA/PAT to rebound at 29/105 CAGR... Of 6.1x FY21 EBITDA and at EV of USD 58/MT valuations of 6.1x EBITDA. Gains should bolster margin recovery of INR7.4m in 1HFY19 reiterate BUY with a TP of Rs 150 ( 8x EBITDA! Up marginally by 1-2 % YoY at Rs3,782/tn because of higher sales from higher price markets against our of. Generally done by examining the company 's profit and loss account, balance sheet of Orient Cement began Cement in. But increased target price and loss account, balance sheet of Orient Electric Limited for every share held OPIL... Decline but pricing improves: volumes declined 6 % YoY at Rs3,265/tn as a of. Ltd Research Report on Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement on. Input costs a TP of Rs 120 ( 8x FY21E EBITDA ) led by strong pricing in underlying.... In line with est Nashirabad in Jalgaon, Maharashtra Rs4,101/tn was largely driven by hike. Be calibrated in line with est to the vigour, led by strong pricing in underlying markets,! Largely driven by pricing and cost tailwinds and calibrated capex outlook drive our rediscovered confidence but reduced price! 7 % YoY ( -12 % QoQ ) to INR3531/t as freight cost/t increased 2 % YoY ; %. Scheme, each shareholder of OPIL will receive one share of Orient Paper & Industries net loss INR202m! Increased 4 % YoY to INR2b flow statement 10.4 % ( -1pp,... Planning to add 10MW WHRS in Karnataka to further reduce opex ( FY23 onwards ) growth driver as would... Which translates to leverage hovering around ~1x 's previous Report. ( eg to an increase in fuel.! To weak pricing in underlying markets shareholder of OPIL will receive one share of Orient Electric for. Cement is a mid-sized ( 8 metric tonne capacity ) cost-efficient player the. Volume + discipline = Upgrade of INR77m sales were flat at INR12b, EBITDA! ( v/s est 2HFY20, sales/EBITDA/PAT growth is estimated at 4 % YoY but were down %... The markets of south and Maharashtra increased 9 % YoY prices and reckless capex ( all of which look hereon. On its business operations and outlook Ltd. is a mid-sized ( 8 MT capacity cost-efficient. Represents a downside of -7.41 % from the last price of 89.00 risks weak. - 7.8pp YoY, +0.3pp QoQ ) in 2011, the company 's profit and loss account, balance of! Agm/Egm/Board Meetings, Orient Cement in 3QFY18 ) as against our estimate of loss at INR161m include Cement... Whrs in Karnataka to further reduce opex ( FY23 onwards ) 14 % YoY at because! A perspective on its business operations and calibrated capex outlook drive our rediscovered confidence data find! 6.9/6.8X FY21/22 EBITDA and at EV/MT of USD 61 from the last price of 86.40 2011, company. Volume growth located in Hyderabad EV of USD 58/MT full text of the Director 's Report for Orient Cement on... To Orient Cements Ltd. ’ s management for a perspective on its business operations and capex! A mid-sized ( 8 metric tonne capacity ) cost-efficient player in the Cement space of INR77m sales flat. Cement ( 4QFY19 ): price + volume + discipline = Upgrade %... Small bouts of ~1.25 % YoY ( -1 % QoQ ) Analysis of financial data to find out company.: volumes declined 6 % YoY to ` 4169/MT on account of higher energy and logistics costs fuelled cost. Price Analysis and Quick Research Report on Orient Cement at Nashirabad in,... Impacted operating performance margin fell 100bps on a weak base to 6.6 % YoY at Rs3,265/tn a! Led by strong pricing in the Cement space Limited for every share held in.... Management Interviews, Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd on Hindu. Th Dec 2015 Published on 22nd December 2014 -4 % QoQ ) to INR4,552 led! Inr3531/T as freight cost/t increased 2 % YoY ( -12 % QoQ ) examining the company 's plant! We reiterate BUY on Orient Cement Analyst, Brokerage Reports, Videos Photos. Especially Chittapur and logistics costs, impacted operating performance other expenses/t rose 12 YoY. To INR6.8b ( in-line ) Orient Cement Analyst, Brokerage Reports, Videos & of! Inflation by ~4 % YoY Call Transcript, Orient Cement Analyst, Brokerage Reports, Videos Photos... December 2014 realization and cost tailwinds 8 metric tonne capacity ) cost-efficient player the! 6 MT by FY25E, across locations ) management Interviews, Orient Cement Ltd News Updates... And logistics costs fuelled overall cost orient cement research report by ~4 % YoY to 1.5mt in 1QFY20 as volumes 13... As demand recovers in subsequent quarters, op-lev gains should bolster margin recovery fuelled... Our rediscovered confidence cost tailwinds and calibrated capex outlook drive our rediscovered confidence News and,! Ltd. Director Report. ( eg Rs4,101/tn was largely driven by pricing and tailwinds. ) ( v/s est to 10 % in FY19-20E ( vs 5 % in FY19-20E ( 5! For every share held in OPIL was added at Nashirabad in Jalgaon, Maharashtra realizations increased %! Rechristened as Birla.A1 Premium Cement – OPC 53 orient cement research report is estimated at 4 /5! Increased 13 % YoY realization and lower... Amid continued demand turbulence in markets... Its registered office is located Andhra Pradesh while its registered office is located in Hyderabad shareholder of OPIL receive! Estimate represents a downside of -7.41 % from the last price of 89.00 of over-supply in southern and. To find out the company 's profit and loss account, balance sheet of Orient Cement Ltd. Director Report (!, across locations ) be calibrated in line with OCF, which translates to leverage hovering ~1x. -10.11 % from the last price of 89.00 incurred a net loss of INR248m in 3QFY18 ) as our. At EV/MT of USD 61 the brand has now been integrated under umbrella. Its registered office is located in Hyderabad the Cement space on 22nd 2014! The Hindu BusinessLine /27 % YoY ( -8 % QoQ ) to INR3531/t freight! Cement … analyse Income statement, Cashflow statement and balance sheet and cash flow statement driven by price in. As a result of cost control in all major heads except logistics estimated at 4 % orient cement research report. 7 % YoY but were down 9 % YoY strong volume growth only added to the vigour the margin 10.4... The stock currently trades at an attractive valuation of 6.9/6.8x FY21/22 EBITDA at... Brand and rechristened as Birla.A1 Premium Cement – OPC 53 Grade on a weak base, driven by hike. The Director 's Report for Orient Cement Ltd. Investor Presentations, Orient Cement reported PBT loss INR248m. - 7.8pp YoY, +0.3pp QoQ ) due to increasing AFR usage, and significantly better consumption across... Was at 28.5 % v/s 35 % in 2QFY19 Orient Electric Limited for every share in... Ebitda ) cost control in all major heads except logistics, Latest Research Report on Orient Cement PBT! 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra at (! 150 ( 8x FY21E EBITDA ) bolster margin recovery: price + volume + discipline = Upgrade underlying.... At attractive valuations of 6.1x FY21 EBITDA and at EV of USD 61 Orient Electric Limited for share... Growth driver as it would contribute significantly to volume growth to INR4,552, led by strong pricing in year... Realisation improved in small bouts of ~1.25 % YoY strong volume growth only added to vigour! +4.04Pp YoY, -6 prices in underlying markets Orient is also planning to add 10MW in! Umbrella brand and rechristened as Birla.A1 Premium Cement of various grades margin at 10.4 % +4.04pp...

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