Deccan Cements Ltd
Deccan Cements Ltd is a major producer of cement in south India from 1979 and began its commercial production in 1982 located at Bhavanipuram in Nalgonda District of Telangana. The brand is associated with the company's most familiar corporate Mascot 'Chamu'. [1]
- Market Cap ₹ 891 Cr.
- Current Price ₹ 636
- High / Low ₹ 668 / 429
- Stock P/E 20.2
- Book Value ₹ 500
- Dividend Yield 0.59 %
- ROCE 9.00 %
- ROE 7.42 %
- Face Value ₹ 5.00
Pros
Cons
- The company has delivered a poor sales growth of 6.51% over past five years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 8.24% 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
510 | 573 | 441 | 407 | 625 | 496 | 570 | 651 | 555 | 758 | 792 | 782 | 772 | |
394 | 509 | 383 | 343 | 511 | 396 | 484 | 556 | 477 | 582 | 630 | 684 | 684 | |
Operating Profit | 115 | 65 | 57 | 64 | 115 | 100 | 86 | 95 | 79 | 176 | 162 | 97 | 88 |
OPM % | 23% | 11% | 13% | 16% | 18% | 20% | 15% | 15% | 14% | 23% | 20% | 12% | 11% |
3 | 3 | 2 | 3 | 1 | 2 | 3 | 10 | -0 | 10 | -8 | 9 | 14 | |
Interest | 41 | 31 | 27 | 27 | 15 | 7 | 6 | 8 | 7 | 8 | 10 | 13 | 13 |
Depreciation | 25 | 25 | 24 | 19 | 20 | 22 | 23 | 22 | 21 | 23 | 26 | 27 | 27 |
Profit before tax | 54 | 12 | 7 | 21 | 81 | 74 | 61 | 75 | 51 | 155 | 117 | 67 | 62 |
Tax % | 11% | 41% | 33% | 6% | 43% | 36% | 37% | 39% | -12% | 26% | 25% | 26% | |
48 | 7 | 5 | 20 | 46 | 47 | 39 | 46 | 57 | 115 | 88 | 49 | 44 | |
EPS in Rs | 34.11 | 5.22 | 3.59 | 14.20 | 32.54 | 33.48 | 27.52 | 32.88 | 40.44 | 82.19 | 62.52 | 35.20 | 31.53 |
Dividend Payout % | 4% | 19% | 17% | 9% | 8% | 9% | 11% | 11% | 10% | 6% | 8% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 7% |
3 Years: | 12% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 5% |
3 Years: | -8% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 9% |
3 Years: | 15% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 7% |
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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 212 | 218 | 223 | 238 | 279 | 325 | 358 | 399 | 443 | 558 | 639 | 680 | 694 |
259 | 238 | 239 | 191 | 79 | 70 | 33 | 54 | 106 | 104 | 166 | 265 | 454 | |
135 | 113 | 119 | 114 | 127 | 132 | 161 | 161 | 155 | 193 | 173 | 202 | 202 | |
Total Liabilities | 613 | 576 | 588 | 550 | 493 | 535 | 560 | 621 | 710 | 861 | 985 | 1,155 | 1,358 |
405 | 396 | 373 | 356 | 342 | 377 | 363 | 354 | 378 | 446 | 453 | 440 | 429 | |
CWIP | 35 | 35 | 35 | 33 | 34 | 0 | 4 | 9 | 62 | 12 | 21 | 241 | 385 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
173 | 145 | 180 | 161 | 116 | 157 | 192 | 258 | 271 | 404 | 511 | 474 | 544 | |
Total Assets | 613 | 576 | 588 | 550 | 493 | 535 | 560 | 621 | 710 | 861 | 985 | 1,155 | 1,358 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
92 | 43 | 66 | 67 | 140 | 61 | 71 | 58 | 43 | 197 | 84 | 55 | |
-2 | -14 | -0 | -2 | -7 | -27 | -12 | -14 | -90 | -45 | -92 | -219 | |
-79 | -46 | -63 | -82 | -125 | -15 | -36 | 10 | 32 | -9 | 45 | 80 | |
Net Cash Flow | 11 | -17 | 2 | -17 | 9 | 19 | 23 | 55 | -15 | 143 | 38 | -85 |
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 | 9 | 6 | 22 | 27 | 5 | 8 | 9 | 9 | 31 | 12 | 11 | 13 |
Inventory Days | 446 | 654 | 935 | 712 | 397 | 464 | 364 | 374 | 493 | 341 | 349 | 601 |
Days Payable | 416 | 310 | 164 | 152 | 150 | 25 | 16 | 27 | 169 | 218 | 132 | 291 |
Cash Conversion Cycle | 40 | 350 | 793 | 587 | 251 | 446 | 357 | 356 | 355 | 135 | 227 | 323 |
Working Capital Days | 12 | 24 | 54 | 53 | 17 | 30 | 26 | 25 | 15 | -9 | 5 | 18 |
ROCE % | 20% | 9% | 7% | 11% | 24% | 21% | 17% | 19% | 13% | 27% | 20% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Apr - Publication of Postal Ballot Notice on Business Standard in English and Andhra Prabha in Telugu on 17th April 2024
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 16 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March 2024 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Apr
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - Details of change in directors of the Company.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Product Segment
The company manufactures the regular grades of Cement, PPC and PSC cement.
Specialty cements produced include S53 for railway applications, SRC (Sulphate Resistant Cement), Low Heat Cement, Low Alkali Cement etc. [1]