Panyam Cements & Mineral Industries Ltd
Panyam Cements and Mineral Industries Limited (Panyam) is a cement manufacturing
company based in Kurnool, Andhra Pradesh. The Company was admitted to NCLT and went through a restructuring phase.[1]
- Market Cap ₹ 165 Cr.
- Current Price ₹ 206
- High / Low ₹ 206 / 11.3
- Stock P/E
- Book Value ₹ -173
- Dividend Yield 0.00 %
- ROCE -31.1 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.110 Cr.
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
161 | 103 | 47 | 93 | 223 | 208 | 163 | 66 | 0 | 0 | 0 | 39 | 84 | |
126 | 108 | 64 | 94 | 201 | 191 | 166 | 96 | 22 | 6 | 71 | 65 | 116 | |
Operating Profit | 34 | -5 | -17 | -2 | 22 | 17 | -4 | -29 | -22 | -6 | -71 | -26 | -33 |
OPM % | 21% | -5% | -37% | -2% | 10% | 8% | -2% | -44% | -67% | -39% | |||
5 | 48 | 33 | 4 | 11 | 14 | 16 | 14 | -41 | 2 | 275 | -29 | -13 | |
Interest | 14 | 13 | 13 | 12 | 14 | 24 | 34 | 42 | 88 | 11 | 0 | 0 | 13 |
Depreciation | 8 | 8 | 7 | 6 | 6 | 7 | 9 | 8 | 7 | 5 | 4 | 4 | 13 |
Profit before tax | 17 | 22 | -4 | -15 | 12 | 1 | -31 | -65 | -158 | -21 | 200 | -60 | -72 |
Tax % | 46% | 22% | 0% | 0% | 10% | 136% | 0% | -4% | 0% | 0% | -2% | 0% | |
9 | 17 | -4 | -15 | 11 | -0 | -31 | -67 | -158 | -21 | 203 | -60 | -72 | |
EPS in Rs | 5.70 | 10.92 | -2.66 | -9.46 | 6.67 | -0.19 | -18.65 | -39.97 | -93.65 | -12.44 | 5,054.85 | -74.61 | -89.61 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -9% |
5 Years: | -25% |
3 Years: | % |
TTM: | 131% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | 1% |
3 Years: | 19% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 87% |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 0 | 8 | 8 |
Reserves | 0 | 18 | 14 | -2 | 9 | -6 | -31 | -98 | -261 | -282 | -62 | -122 | -147 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
114 | 88 | 108 | 99 | 68 | 124 | 124 | 126 | 130 | 131 | 140 | 231 | 281 | |
130 | 109 | 75 | 105 | 154 | 167 | 181 | 245 | 393 | 409 | 1 | 34 | 51 | |
Total Liabilities | 261 | 231 | 213 | 218 | 247 | 301 | 292 | 291 | 279 | 275 | 80 | 150 | 194 |
87 | 78 | 71 | 73 | 68 | 86 | 81 | 74 | 66 | 61 | 31 | 94 | 126 | |
CWIP | 16 | 29 | 31 | 25 | 24 | 19 | 24 | 23 | 23 | 23 | 19 | 14 | 14 |
Investments | 9 | 7 | 1 | 1 | 1 | 31 | 32 | 32 | 27 | 27 | 0 | 0 | 0 |
150 | 117 | 109 | 119 | 153 | 164 | 155 | 162 | 163 | 164 | 30 | 42 | 53 | |
Total Assets | 261 | 231 | 213 | 218 | 247 | 301 | 292 | 291 | 279 | 275 | 80 | 150 | 194 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 0 | -26 | 14 | 30 | -5 | 35 | 48 | 111 | 6 | 61 | -34 | |
1 | 2 | 2 | 3 | 6 | -67 | -8 | -0 | 5 | 0 | -26 | -68 | |
-19 | -4 | 26 | -17 | -32 | 68 | -27 | -49 | -117 | -6 | -28 | 97 | |
Net Cash Flow | 0 | -2 | 1 | 0 | 4 | -4 | -0 | -0 | 0 | 0 | 7 | -5 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 64 | 84 | 54 | 32 | 45 | 61 | 130 | 13 | |||
Inventory Days | 784 | 790 | 719 | 471 | 153 | 224 | 146 | 314 | 45,938 | 112 | ||
Days Payable | 301 | 609 | 394 | 345 | 197 | 229 | 204 | 873 | 134,320 | 307 | ||
Cash Conversion Cycle | 522 | 245 | 408 | 180 | -11 | 40 | 3 | -429 | -182 | |||
Working Capital Days | 32 | -22 | -86 | -152 | -97 | -106 | -220 | -1,025 | -24 | |||
ROCE % | 23% | -6% | -15% | -2% | 25% | 22% | 2% | -32% | -31% |
Documents
Announcements
-
Compliance Certificate For The Period Ended 31.03.2024.
25 Apr - Certificate dated 25th April, 2024 for the year ended 31st March, 2024.
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate of the Company RTA for the quarter ended 31st March, 2024.
- Closure of Trading Window 26 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Copies of newspaper advertisement of un-audited financial result of the Company for the quarter and period ended 31.12.2023 as published in newspapers.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Insolvency and Revival[1]
NCLT in May,2020 admitted the application for initiation of the Corporate Insolvency
Resolution Process (“CIRP”) on the company. Further, the NCLT approved the Resolution Plan for revival of the Company. Thereafter, the Joint Lenders at their meeting held on 06th July, 2021 nominated the members of Implementation and Monitoring Committee (IMC) to oversee implementation of the approved resolution plan and look after affairs of the Company. The said IMC has discharged their duties in their last meeting held on 13th January, 2023 and handed-over the affairs of the Company to the new board of directors.