Deccan Cements Ltd

Deccan Cements Ltd

₹ 579 1.21%
12 Jun - close price
About

Incorporated in 1979, Deccan Cements Ltd manufactures and sells Cement and does generation and selling of power from hydel and wind sources[1]

Key Points

Product Profile:
a) Ordinary Portland Cement (OPC):[1]
Company manufactures 3 grades namely, OPC 33 Grade, OPC 43 Grade and OPC 53 Grade cements
b) Portland Pozzolana Cement (PPC):[2]
PPC is special blended cement used in construction work like hydraulic structures, marine works, mass concreting such as dams, dykes, retaining walls foundations and sewage pipes. It is also suitable for use in applications such as masonry mortars and plastering
c) Portland Slag Cement (PSC):[3]
PSC is a blended cement used in general civil engineering construction works and is preferred for construction of main structures and in coastal areas
d) Specialty Cements:[4]
These specialty cements are modified Portland cement wherein certain components are added to Portland cement to impart the desired qualities. Company manufactures specialty cements like 53-S Grade OPC, Rapid Hardening Cement, Sulphate Resistant Cement, High Alumina Cement, Oil Well Cement

  • Market Cap 811 Cr.
  • Current Price 579
  • High / Low 1,184 / 536
  • Stock P/E 45.4
  • Book Value 536
  • Dividend Yield 0.10 %
  • ROCE 3.31 %
  • ROE 2.43 %
  • Face Value 5.00

Pros

  • Stock is trading at 1.08 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.46% over past five years.
  • Company has a low return on equity of 3.38% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 8.29% of profits 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
195.94 192.08 167.25 216.86 223.24 172.15 120.46 115.45 118.92 150.56 140.31 130.85 213.89
175.42 166.86 153.55 188.28 196.93 160.83 118.27 106.70 105.80 122.68 120.15 119.47 196.67
Operating Profit 20.52 25.22 13.70 28.58 26.31 11.32 2.19 8.75 13.12 27.88 20.16 11.38 17.22
OPM % 10.47% 13.13% 8.19% 13.18% 11.79% 6.58% 1.82% 7.58% 11.03% 18.52% 14.37% 8.70% 8.05%
3.14 3.15 3.67 4.28 -11.43 3.02 2.89 3.31 6.98 2.74 2.32 1.58 13.87
Interest 3.50 2.42 2.86 3.83 3.27 3.02 3.41 3.51 2.81 3.47 3.27 5.50 15.04
Depreciation 6.78 6.81 6.92 6.96 6.94 7.01 7.11 7.07 6.89 6.68 6.74 8.15 14.04
Profit before tax 13.38 19.14 7.59 22.07 4.67 4.31 -5.44 1.48 10.40 20.47 12.47 -0.69 2.01
Tax % 26.08% 26.12% 37.55% 30.31% 35.76% 34.80% -25.92% 45.27% 23.65% 24.96% 27.19% -20.29% -135.32%
9.90 14.14 4.73 15.39 3.01 2.81 -4.04 0.81 7.95 15.35 9.07 -0.55 4.73
EPS in Rs 7.07 10.09 3.38 10.99 2.15 2.01 -2.88 0.58 5.68 10.96 6.48 -0.39 3.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
407 625 496 570 651 555 758 792 782 799 527 636
343 511 396 484 556 477 582 630 684 704 492 559
Operating Profit 64 115 100 86 95 79 176 162 97 96 35 77
OPM % 16% 18% 20% 15% 15% 14% 23% 20% 12% 12% 7% 12%
3 1 2 3 10 -0 10 -8 9 -2 16 21
Interest 27 15 7 6 8 7 8 10 13 13 13 27
Depreciation 19 20 22 23 22 21 23 26 27 28 28 36
Profit before tax 21 81 74 61 75 51 155 117 67 53 11 34
Tax % 6% 43% 36% 37% 39% -12% 26% 25% 26% 30% 30% 17%
20 46 47 39 46 57 115 88 49 37 8 29
EPS in Rs 14.20 32.54 33.48 27.52 32.88 40.44 82.19 62.52 35.20 26.60 5.38 20.41
Dividend Payout % 9% 8% 9% 11% 11% 10% 6% 8% 11% 11% 11% 2%
Compounded Sales Growth
10 Years: 0%
5 Years: -3%
3 Years: -7%
TTM: 21%
Compounded Profit Growth
10 Years: -9%
5 Years: -31%
3 Years: -29%
TTM: 230%
Stock Price CAGR
10 Years: 3%
5 Years: 1%
3 Years: 7%
1 Year: -21%
Return on Equity
10 Years: 10%
5 Years: 7%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 238 279 325 358 399 443 558 639 680 712 715 744
191 79 70 33 54 106 104 166 265 520 714 753
114 127 132 161 161 155 193 173 202 207 189 208
Total Liabilities 550 493 535 560 621 710 861 985 1,155 1,446 1,625 1,711
356 342 377 363 354 378 446 453 440 423 402 1,352
CWIP 33 34 0 4 9 62 12 21 241 514 805 3
Investments 0 0 0 0 0 0 0 0 0 0 0 0
161 116 157 192 258 271 404 511 474 509 417 357
Total Assets 550 493 535 560 621 710 861 985 1,155 1,446 1,625 1,711

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
67 140 61 71 58 43 197 84 55 57 -38 76
-2 -7 -27 -12 -14 -90 -45 -92 -219 -277 -227 -137
-82 -125 -15 -36 10 32 -9 45 80 238 178 9
Net Cash Flow -17 9 19 23 55 -15 143 38 -85 18 -87 -53
Free Cash Flow 64 133 34 57 40 -52 143 -16 -179 -227 -312 -69
CFO/OP 111% 138% 83% 105% 82% 71% 132% 73% 72% 77% -100% 99%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 27 5 8 9 9 31 12 11 13 25 40 28
Inventory Days 712 397 464 364 374 493 341 349 601 408 541 382
Days Payable 152 150 25 16 27 169 218 132 291 164 194 197
Cash Conversion Cycle 587 251 446 357 356 355 135 227 323 268 386 213
Working Capital Days 15 -2 3 22 10 1 -34 -51 -32 -45 -65 -85
ROCE % 11% 24% 21% 17% 19% 13% 27% 20% 9% 8% 2% 3%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Cement Sales Volume
Lakh MT

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Electricity Consumption
KWH/Tonne
Clinker Factor
%
Specific Heat Consumption
K.Cal/Kg Clinker
Installed Cement Capacity
MTPA
Average Capacity Utilization
%
Power Generation Capacity
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24% 56.24%
9.40% 9.24% 10.07% 10.82% 10.94% 11.87% 11.55% 10.30% 9.91% 9.93% 12.85% 14.30%
0.49% 0.49% 0.49% 0.65% 0.97% 0.78% 0.78% 0.78% 0.78% 0.90% 0.78% 0.78%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
33.87% 34.01% 33.19% 32.28% 31.85% 31.10% 31.42% 32.67% 33.06% 32.92% 30.11% 28.66%
No. of Shareholders 16,44915,80714,87614,11813,91113,42012,67911,93511,52911,95211,31410,857

* 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.

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