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Anjani Portland Cement Ltd (APCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 518091 NSE: APCL Cement & Construction Materials | Small Cap | Anjani Portland Cem. Share Price

₹102.90 0.70 (0.68%)

As on 17-Jul'26 10:32

Anjani Portland Cement Ltd (APCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 518091 NSE: APCL Cement & Construction Materials | Small Cap | Anjani Portland Cem. Share Price

₹102.90 0.70 (0.68%)

As on 17-Jul'26 10:32

Key Metrics
Valuation Multiples
Market Cap
₹300 Cr.
Current Price
₹102.9
52-Week Low / High
₹100 / 153
TTM EPS
₹-35.4
TTM Sales
₹310 Cr.
Book Value per Share
₹93
P/E Ratio
0.00
Industry PE
39.1
Price to Book (P/B)
1.10
Lower than its 5-year historical median
Price to Sales (P/S)
0.97
Lower than its 5-year historical median
EV/EBITDA
61.01
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-8.84%
Underperforms industry median
Return on Capital Employed (ROCE)
-2.46%
Underperforms industry median
Return on Assets (ROA)
-3.78%
Operating Profit Margin
-1.1%
Net Profit Margin
-9.32%
Gross Profit Margin
-8.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-21.69%
Operating Profit Growth (1 Year)
-
-116.67%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
75.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹244 Cr.
Equity
₹29.4 Cr.
Face Value
₹10
All Time Low / High
₹0.83 / 498.77

Anjani Portland Cement stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is Anjani Portland Cement Ltd a good quality company?
Anjani Portland Cement Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Anjani Portland Cement Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Anjani Portland Cement Ltd vs industry peers?
Anjani Portland Cement Ltd revenue CAGR is -1.80%, compared to the industry median CAGR of 5.89%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Anjani Portland Cement Ltd?
Promoters hold 75.00% of the Anjani Portland Cement Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Anjani Portland Cement Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -2.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Anjani Portland Cement Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 25.3%27.9%15.8%15.3%24.8%33%13.5%1%1.1%-2.5%-
Value Creation
Index
0.81.00.10.10.81.40.0-0.9-0.9-1.2-

Growth Parameters

Sales 273310360437409407470422477373310
Sales YoY Gr.-13.4%16.3%21.5%-6.5%-0.4%15.5%-10.2%13%-21.7%-
Adj EPS 8.916.78.78.61531.613-6.4-4-11.9-35.4
YoY Gr.-86.6%-47.8%-1.6%75%110.6%-58.9%-149.6%NANA-
BVPS (₹) 39.475.983.589.8101.7128.6136.9144140128.293
Adj Net
Profit
19.844.923.423.140.48534.9-18.9-11.7-34.8-104
Cash Flow from Ops. 12252.565.651.652.81381067.443.80.1-
Debt/CF from Ops. 11.30.60004.150.58.23232.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.5%-1.8%-7.4%-21.7%
Adj EPS -203.2%-195.4%-197%NA
BVPS14%4.7%-2.2%-8.5%
Share Price -3.3% -24% -17.5% -32.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2430.810.99.915.727.49.8-4.8-2.8-8.8-32
Op. Profit
Mgn %
30.126.516.512.919.62820.45.95.2-1.12.6
Net Profit
Mgn %
7.214.56.55.39.920.97.4-4.5-2.5-9.3-33.5
Debt to
Equity
1.40.30.20001.20.90.910.7
Working Cap
Days
9877847790816067587744
Cash Conv.
Cycle
352227263524920175-37

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales273310360437409407470422477373
Operating Expenses + 191228301381329293374397452378
Manufacturing Costs104121142156124114179226199142
Material Costs3631389299728578134130
Employee Cost 16151819222123242223
Other Costs 3561103113848687699683
Operating Profit 8282595680114962525-4
Operating Profit Margin (%) 30.1%26.5%16.5%12.9%19.6%28.0%20.4%5.9%5.2%-1.1%
Other Income + 1211481001
Exceptional Items 0000000000
Interest 169620129282728
Depreciation 23171919202019171716
Profit Before Tax 445736376410249-20-19-47
Tax 24121213231714-1-7-12
Profit After Tax 20452323408535-19-12-35
PAT Margin (%) 7.2%14.5%6.5%5.3%9.9%20.9%7.4%-4.5%-2.5%-9.3%
Adjusted EPS (₹)8.916.78.78.615.031.613.0-6.4-4.0-11.9
Dividend Payout Ratio (%)0%11.30%21.60%27.30%31.30%14.90%21.70%0%0%0%

Valuation of Anjani Portland Cem. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 87204225242274346369423411376
Share Capital 18252525252525292929
Reserves 69179199216249321343394382347
Debt +110376000345376361388
Long Term Debt85300000345354354359
Short Term Debt2576000021628
Minority Interest0000000000
Trade Payables7192333302336283954
Others Liabilities 7399106848896213112115100
Total Liabilities 278359360358392466964939926918

Fixed Assets

Net Fixed Assets +193261259230221202187174158143
Gross Block216301318308318315318321321322
Accumulated Depreciation2340597897113131146163179
CWIP 14636011037
Investments 000000687687687687
Inventories19343137402828382924
Trade Receivables12182435431625212622
Cash Equivalents 461126651869131
Others Assets 36343226223326172135
Total Assets 278359360358392466964939926918

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 122526652531381067440
PBT 445736376410249-20-19-47
Adjustment 39272521202449464443
Changes in Working Capital 46-20141-213429-15183
Tax Paid -7-11-9-6-10-22-21-300
Cash Flow From Investing Activity + -35-60-19-6-55-118-516-5-3-4
Capex -24-78-148-3-4-6-4-3-4
Net Investments 000-13-50-115-510000
Others -1117-6-1-11-0-1-0-0
Cash Flow From Financing Activity + -8610-42-44-9-14410-11-392
Net Proceeds from Shares 075000002000
Net Proceeds from Borrowing 0000000000
Interest Paid -20-9-7-2-0-0-12-24-24-25
Dividend Paid 0-2-2-5-6-13-13-800
Others -67-53-32-37-2-14340-1527
Net Cash Flow 1242-106-0-82-2

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)24.0230.7910.939.9315.6527.49.78-4.78-2.81-8.84
ROCE (%)25.2827.8715.7715.2824.7832.9513.511.031.09-2.46
Asset Turnover Ratio1.081.131.041.221.090.950.660.440.510.4
PAT to CFO Conversion(x)6.11.162.872.261.331.623.03N/AN/AN/A
Working Capital Days
Receivable Days15.701520.1024.4034.8026.3015.9019.8017.9023.50
Inventory Days32.2026.9031.9028.3034.1030.3021.7028.7025.9026.10
Payable Days70.50150.90204.70111.50116.20135128.30150.4091.30130.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Anjani Portland Cement Ltd FAQs

The current trading price of Anjani Portland Cem. on 17-Jul-2026 10:32 is ₹102.9.

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 16-Jul-2026 the market cap of Anjani Portland Cem. stood at ₹300.2 Cr

The latest P/E ratio of Anjani Portland Cem. as of 16-Jul-2026 is 0.00.

The latest P/B ratio of Anjani Portland Cem. as of 16-Jul-2026 is 1.10.

The 52-week high of Anjani Portland Cem. is ₹153.0 and the 52-week low is ₹100.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anjani Portland Cem. is ₹310 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Anjani Portland Cement Ltd is a good quality company.

The key valuation ratios of Anjani Portland Cement Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Anjani Portland Cement Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Anjani Portland Cement Ltd

Anjani Portland Cement, a subsidiary of Chettinad Cement Corporation Private Limited (CCCPL), is a well-known brand in South India, recognized for its quality and commitment to customer service. The company was established in 1999. With its exemplary growth in production and services, the company has captured the market in Andhra Pradesh and competes with national players in the industry. It has extended its reach to Tamil Nadu, Odisha, and Karnataka, and has also made inroads into Maharashtra, Kerala, and Goa. The company’s efficient dealer network system ensures the effective distribution and sale of its cement.

As part of the business integration and brand harmonization initiatives undertaken by CCCPL across its cement business, the company has commenced a phased transition in the branding, marketing, and market positioning of certain cement products from the existing “Anjani” brand to the “Chettinad Cement” brand.

The company was originally incorporated as Shez Chemicals Limited on December 17, 1983, in Hyderabad, Andhra Pradesh, as a public limited company under the Companies Act, 1956. A fresh certificate of incorporation reflecting the change of name to Shez Cements Limited was issued on October 17, 1985. Subsequently, pursuant to a special resolution passed by the shareholders on September 30, 1999, the company's name was changed to Anjani Portland Cement Limited, and a fresh certificate of incorporation reflecting this change was issued on October 7, 1999.

The company made its initial public offering (IPO) in 1994 and listed its equity shares on BSE Limited and the Hyderabad Stock Exchange. In 1999, the company was acquired by K. V. Vishnu Raju. Subsequently, its equity shares were delisted from the Hyderabad Stock Exchange pursuant to a SEBI order dated January 25, 2013, following the exit of the exchange. The company's equity shares are currently listed on the National Stock Exchange of India Limited (NSE) and BSE Limited.

Business area of the company

The company manufactures high quality premium cement. The company is also in business of power generation.

Products/Services

  • Manufacturing and trading of cement
  • Generation of power

Awards and Accreditations

  • 2004: Certificate of appreciation for meritorious performance in implementing the programmes of Environment Protection, pollution control and plantation work – Andhra Pradesh Pollution Control Board
  • 2008: ppreciation certificate for “Best Cleaner Production Practices and Waste minimization Techniques” – Andhra Pradesh Pollution Control Board
  • 2009: Appreciation certificate for “Best Cleaner Production Practices and Waste minimization Techniques” – Andhra Pradesh Pollution Control Board
  • 2015: Certificate of Merit for “Fastest Growing Cement Company (Small Category) - 1st rank” - 7th Construction World Annual Awards 2009 – ASAPB Media Information Group
  • 2015: Excellence in corporate social responsibility - Federation of Andhra Pradesh Chambers of Commerce and Industry
  • 2013: Certificate of excellence for Smart Innovation – INC - India innovative 100
  • 2015: ISO 9001: 2008 for quality management system for manufacture and supply of cement
  • 2015: BS OHSAS 18001:2007 for occupational health and safety management system for manufacture and supply of cement
  • 2015: ISO 14001:2004 for environmental management system for manufacture and supply of cement
  • 2021: Awarded as India's Second Fastest Growing Cement Company in the Small Category at the 4th Indian Cement Review Awards, 2021, held virtually by FIRST Construction Council and INDIAN CEMENT REVIEW alongside CEMENT EXPO- 11th International exhibition.
  • 2023-24: Received Best performance award felicitated by Bureau of Indian Standard, Hyderabad in January 2024 for product of OPC and PPC for Zero failures for the last four consecutive years.

Milestones

  • 1994: Initial Public Offering of the company
  • 1999: Change of name of the company from ‘Shez Cements Limited’ to ‘Anjani Portland Cement Limited’
  • 2001: Installation of secondary crusher at the plant.
  • 2003: Introduction of high efficiency cyclones, burners and introduction of screw compressors in place of unit compressors
  • 2004: Calciner modification done to improve production.
  • 2005: Installed an additional cement mill to increase cement grinding capacity.
  • 2007: Installation of RABH and distribution control system.
  • 2010: Started production at the second plant and achieved rated capacity
  • 2010: Certified as an ISO 9001:2008 company.
  • 2011: Awarded Commendation Certificate for IMC Ramakrishna Bajaj National Quality Awards 2011 in the category of Manufacturing.
  • 2011: Launch of Mobile Concrete Solutions –NirmaanSanjeevani
  • 2012: Alternate fuels - online feeding system established
  • 2014: Promoter acquires majority equity stake in the company
  • 2019: The company’s production level touched 9.88 lakh tons, which reflects a growth of 7.57% year on year.
  • 2021: Acquired 82.51% stake in Bhavya Cements
  • 2025: Increased kilns production by optimizing kiln operations & Raw mix.
  • 2026: Board approved the gradual transition of the brand of the cement manufactured by the company and its subsidiary, M/s Bhavya Cements, from ‘Anjani’ and ‘Bhavya’ brands respectively to ‘Chettinad’ as part of the brand harmonization / brand integration initiative in the Cement vertical at the group level.

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