Anjani Portland Cement Ltd - Stock Valuation and Financial Performance

BSE: 518091 | NSE: APCL | Cement & Construction Materials | Small Cap

Anjani Portland Cem. Share Price

185 -0.45 -0.24%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Anjani Portland Cem.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Anjani Portland Cement stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
544.8 Cr.
52-wk low:
155
52-wk high:
231

Is Anjani Portland Cement Ltd an attractive stock to invest in?

1. Is Anjani Portland Cement Ltd a good quality company?

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

2. Is Anjani Portland Cement Ltd undervalued or overvalued?

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

3. Is Anjani Portland Cement Ltd a good buy now?

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

10 Year X-Ray of Anjani Portland Cem.:

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 some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.8%14.4%13%21.5%10.5%9.7%15.7%27.6%9.6%0.1%-
Value Creation
Index
-0.90.0-0.10.5-0.3-0.30.11.0-0.3-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 254260273310360437409407470422427
Sales YoY Gr.-2.1%5.2%13.4%16.3%21.5%-6.5%-0.4%15.5%-10.2%-
Adj EPS -97.88.916.78.78.61531.613-6.4-4
YoY Gr.-NA15.2%86.6%-47.8%-1.6%75%110.6%-58.9%-149.6%-
BVPS (₹) 27.63539.475.983.589.8101.7128.6136.9144140.5
Adj Net
Profit
-2017.219.844.923.423.140.48534.9-18.9-12
Cash Flow from Ops. 748.812252.565.651.652.81381067.4-
Debt/CF from Ops. 2.521.511.30.60004.150.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.8%3.2%1.1%-10.2%
Adj EPS NA-194.2%-175.5%-149.6%
BVPS20.1%11.5%12.3%5.2%
Share Price 14.3% 6.7% -1.6% 2.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-28.224.82430.810.99.915.727.49.8-4.8-2.8
Op. Profit
Mgn %
8.520.130.126.516.512.919.62820.45.96.6
Net Profit
Mgn %
-7.96.67.214.56.55.39.920.97.4-4.5-2.8
Debt to
Equity
32.51.40.30.20001.20.9-
Working Cap
Days
134132987784779081606735
Cash Conv.
Cycle
1722352227263524920-31

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.89

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.07%

Sales growth is not so good in last 4 quarters at -6.42%

Latest Financials - Anjani Portland Cement Ltd.

Standalone Consolidated
TTM EPS (₹) -4 -17.5
TTM Sales (₹ Cr.) 427 599
BVPS (₹.) 140.5 101.7
Reserves (₹ Cr.) 383 269
P/BV 1.32 1.82
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 155.00 / 231.00
All Time Low / High (₹) 0.83 / 498.77
Market Cap (₹ Cr.) 545
Equity (₹ Cr.) 29.4
Face Value (₹) 10
Industry PE 44.1

Management X-Ray of Anjani Portland Cem.:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Anjani Portland Cem.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales254260273310360437409407470422
Operating Expenses 233208191228301381329293374397
Manufacturing Costs132103104121142156124114178225
Material Costs32303631389299728578
Employee Cost 14151615181922212323
Other Costs 5560356110311384868871
Operating Profit 225182825956801149625
Operating Profit Margin (%) 8.5%19.8%30.1%26.5%16.5%12.9%19.6%28.0%20.4%5.9%
Other Income 2112114810
Interest 362816962012928
Depreciation 15112317191920201917
Exceptional Items 0000000000
Profit Before Tax -2714445736376410249-20
Tax -8-324121213231714-1
Profit After Tax -191720452323408535-19
PAT Margin (%) -7.6%6.4%7.2%14.5%6.5%5.3%9.9%20.9%7.4%-4.5%
Adjusted EPS (₹)-8.77.68.916.78.78.615.031.613.0-6.4
Dividend Payout Ratio (%)0%0%0%11%22%27%31%15%22%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 617787204225242274346369423
Share Capital 18181825252525252529
Reserves 435969179199216249321343394
Minority Interest0000000000
Debt146182110376000345376
Long Term Debt7216685300000345354
Short Term Debt74162576000021
Trade Payables387719233330233628
Others Liabilities 84487399106848896213112
Total Liabilities 329314278359360358392466964939

Fixed Assets

Gross Block295295216301318308318315318322
Accumulated Depreciation81912340597897113131148
Net Fixed Assets214204193261259230221202187174
CWIP 01146360110
Investments 00000000687687
Inventories30371934313740282838
Trade Receivables16151218243543162521
Cash Equivalents 534611266518691
Others Assets64533634322622332617
Total Assets 329314278359360358392466964939

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 749122526652531381067
PBT -2714445736376410249-20
Adjustment 58423927252120244946
Changes in Working Capital 44-4746-20141-213429-15
Tax Paid -10-7-11-9-6-10-22-21-3
Cash Flow From Investing Activity 19-3-35-60-19-6-55-118-516-5
Capex -1-3-24-78-148-3-4-6-4
Net Investments 200000-13-50-115-5100
Others 00-1117-6-1-110-1
Cash Flow From Financing Activity -92-8-8610-42-44-9-14410-11
Net Proceeds from Shares 000750000020
Net Proceeds from Borrowing -17-1400000000
Interest Paid -35-23-20-9-7-200-12-24
Dividend Paid 000-2-2-5-6-13-13-8
Others -3929-67-53-32-37-2-14340
Net Cash Flow 1-21242-1060-8
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-27.324.1124.0230.7910.939.9315.6527.49.78-4.78
ROCE (%)3.1316.4625.2827.8715.7715.2824.7832.9513.511.03
Asset Turnover Ratio0.910.931.081.131.041.221.090.950.660.44
PAT to CFO Conversion(x)N/A0.536.11.162.872.261.331.623.03N/A
Working Capital Days
Receivable Days22191615202435261620
Inventory Days40423227322834302229
Payable Days32627070151205112116135128150

Anjani Portland Cement Ltd Stock News

Anjani Portland Cement Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Anjani Portland Cem. on 25-Apr-2024 16:01 is ₹185.0.
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 25-Apr-2024 16:01 the market cap of Anjani Portland Cem. stood at ₹544.8.
The latest P/E ratio of Anjani Portland Cem. as of 25-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Anjani Portland Cem. as of 25-Apr-2024 16:01 is 1.32.
The 52-week high of Anjani Portland Cem. is ₹231.0 and the 52-week low is ₹155.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anjani Portland Cem. is ₹426.8 ( Cr.) .

About Anjani Portland Cement Ltd

Anjani Portland Cement, formerly known as Anjani Cement, is engaged in the business of manufacturing of cement. The company, started with initial production of 0.3 million tonnes per annum in 1999, has now a production capacity of 1.2 million tonnes per annum. The cement is only as good as its raw materials and primarily depends on the quality of the lime stone used. The limestone mines of Anjani are acclaimed as the best mines amongst the cement brackets of Nalgonda district, thus confirming the superior quality of the cement produced.

Anjani Cement has captured the market in Andhra Pradesh and has now extended its reach to Tamil Nadu, Orissa and Karnataka and also made forays into the markets of Maharashtra.

The Company’s products include OPC (Ordinary Portland Cement) 53 Grade, OPC (Ordinary Portland Cement) 43 Grade and PPC (Portland Pozzolana Cement). The Company’s plant has hands free and fully automated production process installed using SIEMENS PCS7-CEMAT Distribution Control System with around-the-clock monitoring, sampling and analysis of cement production through its stages from mining to packing.

The Company’s wholly owned subsidiaries include Vennar Ceramics Ltd and Hitech Print Systems Ltd. Hitech Print Systems, a IBA and ISO 9001-2008 certified company, was registered in the year 1986 and commenced production in 1988; has become the subsidiary of Anjani Portland Cement Ltd. in 2007. HPCL has its presence and reach across the country. This unit is poised to meet diverse needs of sizeable scale.Vennar Ceramics established in the year 1998 and became a wholly owned subsidiary in the year 2001. The company has the distinction of being the first gas- based power generating plant in India with a capacity of 2.7 Megawatts. The 3000 KW rated engine has been sourced from Wartsila of Sweden and the generator from A.B.B., France.

MilestoneYear   

  • 1999-2000 Commenced commercial production after take-over of management and changed the name to Anjani Portland Cement Limited.
  • 2000-2001 Acquired M/s.Vennar Ceramics Limited, a gas based power generating company to cater to 60% of power requirement. 
  • 2001-2002 Installation of secondary crusher at the plant. 
  • 2003-2004 Introduction of high efficiency cyclones, burners and introduction of screw compressors in place of unit conpressors.
  • 2004-2005 Calciner modification done to improve production.
  • 2005-2006 Installed an additional cement mill to increase cement grinding capacity.
  • 2006-2007 Installed high efficiency fans, acquired grinding unit (M/s.Pachava Cements Ltd.) Declared Maiden Dividend.
  • 2007-2008 Installation of R.A.B.H. and distribution control system. Acquired Hi-Tech print Systems Ltd., a leading security printer in south India.
  • 2009 Inauguration of Anjani Powder Research Centre. 
  • 2010 Inauguration of new corporate office - Anjani Cement Centre. Anjani Studio –first of its kind to be launched in the industry. Started production at the second plant and achieved rated capacity in July 10’. Anjani Portland Cement Limited has been certified as an ISO 9001:2008 company. Inauguration of BV Raju Institute of Cement Technology.
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