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Sagar Cements Ltd share Price Today

Company details

251.95
269.98
190.35
305.00
6M Return -5.99%
1Y Return 13.92%
Mkt Cap.(Cr) 3,320.64
Volume 1,860,462
Div Yield 0.28%
OI
-
OI Chg %
-
Volume 1,860,462

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About The Stock

    Sagar Cements is a south based cement player with cement capacity of 8.25 MT. Region wise, AP/Telangana accounted for ~60% of sales followed by Tamil Nadu (16%), Karnataka (9%).

    • Going forward, the company will be developing a presence in the faster-growing eastern and central market with recent commissioning of new 2.5 MT capacity
    • Self-reliance in power (61.5 MW), ability to switch between coal and petcoke for fuel requirement and split grinding units near market gives it cost advantage
Q3FY23 Results:

    Q3 performance broadly remained in line with our estimates.

    • Revenues were up 72.6% YoY to ₹ 575.7 crore, led by sales volume growth of 66.8% YoY
    • EBITDA improved sequentially with major delta coming from declining power & fuel costs
    • At the PAT level, the company reported a net loss of ₹ 27.2 crore led by higher interest cost (pertaining to loan taken for potential M&A) and depreciation (due to commissioning of new capacities)

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Research view on more stocks

Sagar Cements announced consolidated Q4FY24 results:

  • Revenue increased by 14% YoY and volume increased by 19% for Q4FY24.
  • Plants operated at around 60% during the current quarter.
  • Operating EBITDA of Rs 6,813 lakhs for Q4FY24 as against Rs 3,886 lakhs during Q4FY23.
  • Operating EBITDA of Rs 422 per ton during Q4FY24.
  • EBITDA margin increased by 400 bps to 10% for Q4FY24 (v/s Q4FY23).
  • Profit after tax stood at Rs 1,158 lakhs for Q4FY24 v/s Profit of Rs 8,793 lakhs during Q4FY23.

Result PDF

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Sagar Cements Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (7)

  • Promoters increased pledged shares QoQ
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (4)

  • Turnaround companies- loss to profit QoQ
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 265.4
R2 276.7
R3 283.4
Pivot

258.66

S1 247.3
S2 240.6
S3 229.3
EMA SMA
232.7
227.1
231.0
233.5
226.4
221.6
232.5
242.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
CRONY VYAPAR PVT LTD Bulk Purchase 2024-01-03 295.07 2572697 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-03 295.29 1498228 NSE
CRONY VYAPAR PVT LTD Bulk Sell 2024-01-03 294.82 2500647 NSE
Name Category Shares
ARUNA SAMMIDI PROMOTER 5.83%
DR. SAMMIDI ANAND REDDY PROMOTER 5.59%
S SREEKANTH REDDY PROMOTER 5.33%
RACHANA SAMMIDI PROMOTER 5.06%
VANAJATHA SAMMIDI PROMOTER 3.79%
ANEESH REDDY SAMMIDI PROMOTER 3.14%
SIDDARTH SAMMIDI PROMOTER 3.14%
MALATHI REDDY WDARU PROMOTER 1.44%
MADHAVI NADIKATTU PROMOTER 1.12%
R V CONSULTING SERVICES PRIVATE LIMITED PROMOTER 9.24%
SAGAR PRIYA HOUSING AND INDUSTRIAL ENTERPRISES LIM PROMOTER 3.29%
ANDHRA PRADESH INDUSTRIAL DEVELOPMENT CORPORATION PROMOTER 1.2%

OUR RESEARCH VIEW

Investment recommendation
Call Date
30 Jan 2023
Entry Price 221.00
Target Price 250.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sagar Cements Ltd Stocks COMPARISON

Financials( in Cr) Sagar Cements Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd
Price 254.05 11,242.80 677.20 27,538.00 2,661.70
% Change 0.46 0.62 1.91 0.17 0.98
Mcap Cr 3,320.64 324,570.64 166,802.69 99,359.86 49,983.27
Revenue TTM Cr 2,504.61 61,326.50 33,159.64 17,852.33 19,958.92
Net Profit TTM Cr -52.05 4,916.88 4,738.01 1,269.14 2,336.53
PE TTM 0.00 45.97 50.29 41.44 23.17
1 Year Return 13.92 35.84 47.55 5.25 44.11
ROCE 1.31 12.86 16.49 8.51 18.62
ROE -5.40 9.62 12.95 7.03 15.34
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,941.22 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,119.99 -408.46
LAST 3M 113,155.52 -36,230.77
LAST 6M 183,603.09 -15,050.11
LAST 12M 290,144.87 98,834.05

Sagar Cements Ltd Information

Stock PE (TTM)
0
Promoter Holding
48.31%
Book Value
148.5164
ROCE
1.31%
ROE
-5.4%
Description
  • Sagar Cements Ltd was incorporated on January 15th, 1981. The Company is engaged in the business of manufacture and sale of cement. A mini-cement company, commencing operations in 1985 to manufacture clinker and Ordinary Portland Cement (OPC), Sagar Cements has adopted the world`s latest and widely accepted dry processing kiln technology. It commissioned an Electrostatic Precipitator System for environment protection and pollution control. The OPC, sulphate resisting cement (SRC) and IRS T-40 grade cement manufactured by the company are marketed under the Sagar Priya brand. SRC conforming to IS-12330 standards is used in coastal areas, harbours, dockyards, bridges, sewerages and effluent-carrying drains. The slag cement grinding unit set up by it in 1993 consists of slag dryer, cement mill and packing plant. Slag cement is more resistant than OPC to soil and water containing excessive amounts of sulphates of alkali metals, alumina and iron, as well as acidic waters. It can, therefore, be used in marine works and in coastal areas. The clinker unit was expanded to increase productivity. It obtained government approval to set up mini-hydel power projects on GBC canal and KC canal through a new company, Sagar Power. The entire power generated by this unit will be used by Sagar Cements. In 1996 the company installed a second mill of 20 tph at the Mattampally unit at a capital outlay of about Rs. 250 lacs. During 2009-10, the Company had set up two mini hydel power projects. The Company and Parficim S.A.S., a wholly owned subsidiary of Vicat S.A. of France jointly promoted Vicat Sagar Cement Pvt Ltd to set up a 5.5 mtpa cement plant along with a captive power unit of 60MW capacity in Gulbarga Dist. of Karanataka State. In 2012-13, a separate entity under the name `Vicat Sagar Cement Private Limited` (VSCPL) was later formed for the purpose. This project was implemented in two phases, each phase with a capacity of 2.75 Milllion ton cement per annum. To facilitate the speedy implementation of the captive power plant mentioned above, the VSCPL and Parficim SAS, a wholly owned subsidiary of Vicat SA jointly formed an SPV, "Gulbarga Power Private Ltd". First Phase of the cement project commenced its commercial operations. Resulting to this formation, Sagar Cements and the Vicat Group respectively invested a sum of Rs.86 Crores and Rs. 414 Crores and were holding 47% and 53% of the Equity Capital of the said Joint Venture. In 2015, the Company acquired the entire equity stake in BMM Cements Limited, which was renamed as Sagar Cements (R) Limited. It commissioned a Waste Heat Recovery Power Plant of 6 MW at Mattampally unit in 2017. It acquired a grinding unit of 1,81,500 MT capacity at Bayyavaram in Visakhapatnam Dist in Andhra Pradesh which ramped its capacity from 0.18 MTPA to 1.5 MTPA in 2018-19. In 2019, the Company acquired 65% stake in Satguru Cement, MP and 100% stake in Jajpur Cement, Odisha. Sagar Cements (R) Limited, a Wholly-owned Subsidiary was merged with Company through the the Scheme of Amalgamation effective from 15th March 2022. In 2022, it commissioned 1 MTPA integrated plant at Jeerabad, MP and 1.5 MTPA grinding unit at Jajpur, Odisha, resulting to this, the Jaipur Cement Plant started their commercial operations in Odisha during the year 2021-22. The Company acquired 95% stake in Andhra Cements Limited (ACL) through a Insolvency and Bankruptcy Code Process in March, 2023, by virtue of which, the said ACL became subsidiary of the Company. The Dachepalli unit resumed its grinding operations post the above acquisition. .

Registered Address

Plot No 111 Road No 10, Jubilee Hills, Hyderabad, Telangana, 500033

Tel : 91-40-23351571
Email : info:sagarcements.in; soundar:sagarcements.in
Website : http://www.sagarcements.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 502090
NSE Code : SAGCEM
Book Closure Date (Month) : Jun
BSE Group : B
ISIN : INE229C01021

FAQ’s on Sagar Cements Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:53 PM the closing price of Sagar Cements Ltd was Rs.254.05.

The latest PE ratio of Sagar Cements Ltd as of Jun 14, 2024 03:53 PM is 0.00

The latest PB ratio of Sagar Cements Ltd as of Jun 14, 2024 03:53 PM is 0.58

The 52-week high of Sagar Cements Ltd share price is Rs. 305.00 while the 52-week low is Rs. 190.35

According to analyst recommendations, Sagar Cements Ltd Share has a "Buy" rating for the long term.

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 Jun 14, 2024 03:53 PM, the market cap of Sagar Cements Ltd stood at Rs. 3,320.64.

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