Bheema Cements Ltd

Bheema Cements Ltd

₹ 26.3 -1.98%
01 Mar 2:30 p.m.
About

Incorporated in 1978, Bheema Cements Ltd in the business of manufacturing and distribution of cement[1]

Key Points

Product Profile:[1]
a) White Cements
b) Gray Cement
c) PPC Cements
d) OPC Cements

  • Market Cap 85.7 Cr.
  • Current Price 26.3
  • High / Low 135 / 21.0
  • Stock P/E
  • Book Value 23.5
  • Dividend Yield 0.00 %
  • ROCE -15.2 %
  • ROE -46.9 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.12 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -12.8%
  • Company has a low return on equity of -26.4% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.39 1.68 0.25 0.77 0.55 2.29 0.17 10.22 0.90 4.08 0.32 0.26 0.26
Operating Profit -0.39 -1.68 -0.25 -0.77 -0.55 -2.29 -0.17 -10.22 -0.90 -4.08 -0.32 -0.26 -0.26
OPM %
0.15 0.15 0.15 0.15 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00
Interest 0.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 5.26 0.00 10.52 5.26 12.61 7.10 7.12 7.12 7.14 7.12 7.12 7.12
Profit before tax -1.20 -6.79 -0.10 -11.14 -5.81 -14.90 -7.27 -17.34 -8.02 -11.20 -7.44 -7.38 -7.38
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% -33.96% 0.00% -9.23% -9.98% -7.05% 0.00% -21.68% 0.00%
-1.20 -6.78 -0.10 -11.13 -5.80 -19.96 -7.27 -18.93 -8.82 -12.00 -7.43 -8.98 -7.38
EPS in Rs -0.42 -2.08 -0.03 -3.41 -1.78 -6.12 -2.23 -5.80 -2.70 -3.68 -2.28 -2.75 -2.26
Raw PDF

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
125 146 127 -0 -0 0 0 0 0 0 0 0 0
114 137 143 24 5 8 19 5 11 3 4 15 5
Operating Profit 11 9 -15 -24 -6 -8 -19 -5 -11 -3 -4 -15 -5
OPM % 9% 6% -12%
0 4 2 7 6 -1 0 0 0 1 0 0 0
Interest 12 12 19 1 2 2 1 1 0 1 0 0 0
Depreciation 4 4 10 0 0 12 14 14 0 21 28 28 28
Profit before tax -6 -4 -42 -19 -1 -23 -34 -19 -11 -24 -32 -44 -33
Tax % 9% -421% 2% -10% 0% 0% 0% 0% 0% 0% -16% -7%
-5 -19 -42 -21 -1 -23 -34 -19 -11 -24 -37 -47 -36
EPS in Rs -1.85 -6.83 -14.72 -7.35 -0.53 -8.05 -12.00 -6.83 -3.80 -7.38 -11.33 -14.42 -10.97
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: -9%
3 Years: %
TTM: 35%
Stock Price CAGR
10 Years: 10%
5 Years: %
3 Years: %
1 Year: -78%
Return on Equity
10 Years: %
5 Years: %
3 Years: -26%
Last Year: -47%

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
Equity Capital 28 28 28 28 28 28 28 28 0 33 33 33
Reserves 152 128 32 32 30 -53 -95 -121 175 128 91 44
Preference Capital 19 24 27 27 27 27 27 27 0 0 0
228 234 233 205 208 208 208 208 179 174 178 199
103 180 189 208 206 224 234 239 3 2 7 18
Total Liabilities 511 570 482 473 472 407 375 354 357 337 309 294
196 461 446 445 445 380 358 337 337 316 288 260
CWIP 219 0 0 0 0 0 0 0 0 0 2 8
Investments 0 0 0 0 0 0 0 0 0 0 0 0
96 109 36 28 27 27 16 17 20 21 19 26
Total Assets 511 570 482 473 472 407 375 354 357 337 309 294

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
-22 21 123 0 5 0 -6 -4 -9 -9 -10 1
-28 -58 -2 0 0 1 0 -0 0 0 0 -1
52 37 -122 -1 -5 -1 6 4 20 9 0 0
Net Cash Flow 2 -0 -1 -1 0 -0 -0 0 11 -0 -10 -0

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 117 116 43 -11,902 -16,103
Inventory Days 427 814 54 -6,856 -9,232
Days Payable 218 603 605
Cash Conversion Cycle 327 328 -508 -18,758 -25,335
Working Capital Days 183 105 -303 -208,193 -294,834
ROCE % 2% 2% -6% -6% 0% -8% -17% -12% -4% -7% -10%

Shareholding Pattern

Numbers in percentages

Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
92.00% 92.00% 92.00% 92.00% 92.00% 92.00% 90.00% 90.00% 75.00% 75.00% 70.81% 58.04%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.78% 1.78% 2.76% 2.76%
8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 0.53% 0.53% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.00% 2.00% 22.69% 22.69% 26.43% 39.20%
No. of Shareholders 55666637858501,3261,7282,839

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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