Anjani Portland Cement Ltd

Anjani Portland Cement Ltd

₹ 186 -0.13%
25 Apr - close price
About

Incorporated in 1983, Anjani Portland Cement Ltd manufactures high quality premium cement[1]

Key Points

Business Overview:[1][2]
APCL is part of the Chettinad group and a subsidiary of Chettinad Cement Corporation Ltd(CCCL). Company is engaged in manufacturing and selling of cement, and power generation. Its business network is present in Tamil Nadu, Orissa and Karnataka and they have recently forayed into Maharashtra, Kerala and Goa

  • Market Cap 547 Cr.
  • Current Price 186
  • High / Low 232 / 155
  • Stock P/E
  • Book Value 141
  • Dividend Yield 0.00 %
  • ROCE 1.03 %
  • ROE -4.78 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.24% over past five years.
  • Company has a low return on equity of 9.50% over 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.

Peer comparison

Sector: Cement Industry: Cement - South India

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
104.26 130.45 122.14 104.76 106.62 136.69 110.61 106.88 108.79 95.89 110.66 101.05 119.22
74.70 96.47 84.48 83.02 87.03 119.68 101.82 106.35 101.34 87.58 103.32 96.54 111.16
Operating Profit 29.56 33.98 37.66 21.74 19.59 17.01 8.79 0.53 7.45 8.31 7.34 4.51 8.06
OPM % 28.35% 26.05% 30.83% 20.75% 18.37% 12.44% 7.95% 0.50% 6.85% 8.67% 6.63% 4.46% 6.76%
1.83 2.14 0.33 0.51 0.09 0.09 0.08 0.09 0.08 0.16 0.29 0.10 0.14
Interest 0.41 0.06 2.07 8.67 8.81 8.98 7.21 7.42 7.52 6.26 6.82 6.87 6.80
Depreciation 5.12 5.02 4.85 4.89 4.85 4.76 4.45 4.30 4.18 4.26 3.61 4.75 4.18
Profit before tax 25.86 31.04 31.07 8.69 6.02 3.36 -2.79 -11.10 -4.17 -2.05 -2.80 -7.01 -2.78
Tax % 18.41% 22.10% 25.75% 20.71% 29.73% 77.08% 7.89% 3.96% 6.71% 12.20% 13.57% 8.42% 55.40%
21.10 24.18 23.07 6.89 4.23 0.77 -2.57 -10.66 -3.89 -1.80 -2.42 -6.42 -1.24
EPS in Rs 5.57 6.38 6.09 1.82 1.12 0.20 -0.68 -2.81 -1.32 -0.61 -0.82 -2.19 -0.42
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
278 267 254 237 273 310 360 437 409 407 470 422 427
212 214 233 185 191 228 301 381 329 292 374 397 399
Operating Profit 65 53 22 52 82 82 59 56 80 115 96 25 28
OPM % 24% 20% 8% 22% 30% 27% 17% 13% 20% 28% 20% 6% 7%
0 1 2 0 1 2 1 1 4 7 1 0 1
Interest 34 35 36 28 16 9 6 2 0 1 29 28 27
Depreciation 14 14 15 11 23 17 19 19 20 20 19 17 17
Profit before tax 18 5 -27 14 44 57 36 37 64 102 49 -20 -15
Tax % 13% 33% 29% -20% 55% 22% 34% 37% 37% 16% 29% 6%
16 3 -19 17 20 45 23 23 40 85 35 -19 -12
EPS in Rs 4.16 0.81 -5.09 4.40 5.21 11.84 6.18 6.11 10.65 22.42 9.23 -6.44 -4.04
Dividend Payout % 14% 0% 0% 0% 0% 11% 22% 27% 31% 15% 22% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 3%
3 Years: 1%
TTM: -8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 27%
Stock Price CAGR
10 Years: 14%
5 Years: 7%
3 Years: -2%
1 Year: 5%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 10%
Last Year: -5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 18 18 18 18 18 25 25 25 25 25 25 29 29
Reserves 59 62 43 59 69 179 199 216 249 321 343 394 385
235 238 182 189 119 67 36 0 2 3 437 376 375
55 63 85 47 71 88 99 117 116 117 158 140 154
Total Liabilities 368 382 329 314 278 359 360 358 392 466 964 939 943
229 231 214 204 193 261 259 230 221 202 187 174 166
CWIP 9 0 0 1 14 6 3 6 0 1 1 0 1
Investments 16 19 0 0 0 0 0 0 0 0 687 687 687
113 132 115 109 71 92 98 123 171 263 88 77 90
Total Assets 368 382 329 314 278 359 360 358 392 466 964 939 943

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
59 44 74 9 122 52 66 52 53 138 106 7
-17 -9 19 -3 -35 -60 -19 -6 -55 -118 -516 -5
-41 -34 -92 -8 -86 10 -42 -44 -9 -14 410 -11
Net Cash Flow 1 1 1 -2 1 2 4 2 -10 6 -0 -8

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 28 32 22 24 16 21 24 29 38 14 19 18
Inventory Days 326 702 241 451 192 395 303 145 147 140 121 178
Days Payable 201 337 300 84 70 221 226 131 111 118 157 131
Cash Conversion Cycle 153 397 -36 390 137 195 101 43 74 37 -16 66
Working Capital Days 47 67 -13 90 -4 -8 -9 5 20 -18 -47 -40
ROCE % 17% 12% 3% 17% 25% 28% 16% 15% 25% 33% 13% 1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.08% 0.75% 0.63% 0.56% 0.48% 0.09% 0.05% 0.11% 0.04% 0.06% 0.04% 0.03%
0.13% 0.13% 0.13% 0.13% 0.13% 0.11% 0.11% 0.09% 0.09% 0.09% 0.09% 0.11%
24.79% 24.12% 24.24% 24.31% 24.39% 24.80% 24.84% 24.80% 24.87% 24.86% 24.87% 24.87%
No. of Shareholders 18,04520,87220,94220,53020,36420,84820,59419,89119,17318,58618,68417,622

* 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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