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Orient Cement Ltd share Price Today

Company details

246.60
258.50
104.60
262.90
6M Return 85.56%
1Y Return 94.37%
Mkt Cap.(Cr) 5,200.60
Volume 1,429,140
Div Yield 0.59%
OI
-
OI Chg %
-
Volume 1,429,140
NSE

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Strong BS to help withstand near term cost challenges
About The Stock

    Orient Cement is a mid-sized (8.0MT) cost-efficient player in the cement space. Its cement plants are located in Devapur, Telangana (3MT integrated), Chittapur, Karnataka (3MT integrated) and Jalgaon, Maharastra (2MT grinding unit).

    • The co. derives revenues largely from Maharashtra (50%), Telangana, Karnataka and MP markets 

    It also has 101MW power plant (95MW CPP, 6MW WHRS) that makes it self-sufficient in terms power requirements

Q4FY22 performance

    Orient cement reported improved performance during Q4FY22.

    • Net revenue increased 30.2% QoQ (down 3.3% YoY) to ₹803.9 crore. Volumes were up 33.1%QoQ to 1.62MT (down 12.4% YoY on high base). CU stood at 81% vs 93% LY and 61% last quarter.
    • Despite 56% QoQ jump in the fuel costs, margins broadly remained stable at 19.1% QoQ.
    • Further, with sharp decline in the interest costs (down ~69% YoY, QoQ), net profit improved 67.6% QoQ to ₹73.2 crore. However, PAT was lower by 26.7% on YoY basis

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OUR RESEARCH VIEW

Investment recommendation
Strong BS to help withstand near term cost challenges
Call Date
17 May 2022
Entry Price 118.00
Target Price 150.00
Duration
12-18 Month
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FINANCIALS

Sales
Operating Profit
Profit after Tax
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Equity
Reserves and Surplus
Debt
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Sales
Operating Profit
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PE
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Orient Cement Ltd Stocks COMPARISION

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INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,603.70 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,627.88 33,461.81
LAST 3M 55,364.88 13,143.97
LAST 6M 96,704.70 86,889.39
LAST 12M 161,735.00 130,136.85

Orient Cement Ltd Information

Stock PE (TTM)
33.2
Promoter Holding
37.9%
Book Value
80.2693
ROCE
11.57%
ROE
7.85%
Description

  • Orient Cement Limited is a public Company domiciled in India. The Company was incorporated in the year July 22nd, 2011. The cement undertaking of Orient Paper & Industries Limited (OPIL) had been transferred to the Company on a going concern basis w.e.f 1st April 2012, pursuant to the scheme of arrangement approved by the Hon`ble Orissa High Court. The Company is primarily engaged in the manufacture and sale of Cement and manufacturing facilities at present are located at Devapur in Telangana, Jalgaon in Maharashtra and Chittapur in Karnataka. The Company`s new green field integrated cement plant at Chittapur in Karnataka has commenced commercial production w.e.f. 26th September 2015. During the year 2017, the Company automated systems to identify quality deviations and address them with speed and precision. It strengthened quality norms enforced through central monitoring and cement labs across its manufacturing plants. Further, the Company commissioned a concrete lab at its Chittapur plant to showcase its product efficacy through its use in concrete. During FY2018-19, the Company launched its premium cement, Birla.A1 StrongCrete and is seeing good traction from customers due to its superior characteristics.

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No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 535754
NSE Code : ORIENTCEM
Book Closure Date (Month) :
BSE Group : A
ISIN : INE876N01018

FAQ’s on Orient Cement Ltd Shares

You can buy Orient Cement Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Orient Cement Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2023 03:57 PM the closing price of Orient Cement Ltd was ₹ 253.85.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 05, 2023 03:57 PM, the market cap of Orient Cement Ltd stood at ₹ 5,200.60.

The latest PE ratio of Orient Cement Ltd as of Dec 05, 2023 03:57 PM is 33.2

The latest PB ratio of Orient Cement Ltd as of Dec 05, 2023 03:57 PM is 0.32

The 52-week high of Orient Cement Ltd is ₹ 262.90 while the 52-week low is ₹ 104.60

According to analyst recommendations, Orient Cement Ltd has a “Buy” rating for the long term.

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