Deccan Cements Ltd - Stock Valuation and Financial Performance

BSE: 502137 | NSE: DECCANCE | Cement & Construction Materials | Small Cap

Deccan Cements Share Price

554.95 2.15 0.39%
as on 19-Mar'24 16:45

DeciZen - make an informed investing decision on Deccan Cements

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Deccan Cements stock performance -

mw4me loader
P/E Ratio (SA):
17.54
Market Cap:
774.3 Cr.
52-wk low:
388
52-wk high:
668

Is Deccan Cements Ltd an attractive stock to invest in?

1. Is Deccan Cements Ltd a good quality company?

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

2. Is Deccan Cements Ltd undervalued or overvalued?

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

3. Is Deccan Cements Ltd a good buy now?

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

10 Year X-Ray of Deccan Cements:

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.
Deccan Cements 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 % 5.2%8.5%14%13.6%10.7%12%13.5%19.6%14.6%6.6%-
Value Creation
Index
-0.6-0.4-00.0-0.2-0.10.00.40.0-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 441504665496570651555758792782772
Sales YoY Gr.-14.4%31.9%-25.4%14.9%14.2%-14.8%36.5%4.5%-1.3%-
Adj EPS 3.614.132.433.527.732.945.381.971.835.331.5
YoY Gr.-292.7%130.6%3.2%-17.1%18.6%37.5%81%-12.4%-50.8%-
BVPS (₹) 163.9174.9204.3237.2260.8290.1321.2403.3460.9490.8511.5
Adj Net
Profit
519.745.446.938.946.163.411510149.544
Cash Flow from Ops. 65.866.614061.470.558.343.119784.455-
Debt/CF from Ops. 3.62.90.61.10.50.92.50.524.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%6.5%12.1%-1.3%
Adj EPS 29%4.9%-7.9%-50.8%
BVPS13%13.5%15.2%6.5%
Share Price 21.6% 5.8% 11.7% 31.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.28.317.115.211.11214.822.616.67.46.3
Op. Profit
Mgn %
1312.817.220.215.114.614.123.220.412.511.4
Net Profit
Mgn %
1.13.96.89.56.87.111.415.112.76.35.7
Debt to
Equity
10.80.30.20.10.10.20.20.30.4-
Working Cap
Days
888652586868927282111106
Cash Conv.
Cycle
4252273041415430253538

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.06%

Return on Equity has declined versus last 3 years average to 6.30%

Net Profit has been subdued in last 3 years -7.94%

Sales growth is not so good in last 4 quarters at -0.09%

Latest Financials - Deccan Cements Ltd.

Standalone Consolidated
TTM EPS (₹) 31.5 -
TTM Sales (₹ Cr.) 772 -
BVPS (₹.) 511.5 -
Reserves (₹ Cr.) 709 -
P/BV 1.08 -
PE 17.54 -
From the Market
52 Week Low / High (₹) 388.00 / 668.00
All Time Low / High (₹) 6.95 / 846.25
Market Cap (₹ Cr.) 774
Equity (₹ Cr.) 7
Face Value (₹) 5
Industry PE 40.2

Management X-Ray of Deccan Cements:

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 Deccan Cements

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
Sales441504665496570651555758792782
Operating Expenses 383439550396485556477582630684
Manufacturing Costs183178197191380450384459494561
Material Costs28355045596450748469
Employee Cost 16172222242627333434
Other Costs 157210282137211615161821
Operating Profit 576511510085957917616297
Operating Profit Margin (%) 13.0%12.8%17.2%20.2%15.0%14.6%14.1%23.2%20.4%12.4%
Other Income 23124101010109
Interest 272715768781013
Depreciation 24192022232221232627
Exceptional Items 000000-100-190
Profit Before Tax 821817461755115511767
Tax 3135272229-6403017
Profit After Tax 52046473946571158849
PAT Margin (%) 1.1%3.9%6.9%9.4%6.8%7.1%10.2%15.2%11.1%6.3%
Adjusted EPS (₹)3.614.232.533.527.532.940.482.262.535.2
Dividend Payout Ratio (%)17%9%8%9%11%11%10%6%8%11%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 230245286332365406450565646687
Share Capital 7777777777
Reserves 223238279325358399443558639680
Minority Interest0000000000
Debt205159796332528885147246
Long Term Debt17211645262525675246158
Short Term Debt33433437727213310187
Trade Payables12152033523443055
Others Liabilities 141131108136160158150168162167
Total Liabilities 5885504935355606217108619851,155

Fixed Assets

Gross Block559563568397403417461553585591
Accumulated Depreciation18520722622426485108133153
Net Fixed Assets373356342375361352376445452439
CWIP 353334049621221241
Investments 0002222100
Inventories716854575965676980113
Trade Receivables2730811131648252428
Cash Equivalents 4326355376131117260298214
Others Assets3836193644453950111120
Total Assets 5885504935355606217108619851,155

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 6667140617158431978455
PBT 821817461755115511767
Adjustment 50453527252220212632
Changes in Working Capital 7543-175-19-1556-25-28
Tax Paid 0-5-18-22-20-20-13-35-34-16
Cash Flow From Investing Activity 0-2-7-27-12-14-90-45-92-219
Capex -2-5-7-28-13-14-44-93-30-15
Net Investments 0000000100
Others 130120-4546-62-205
Cash Flow From Financing Activity -63-82-125-15-361032-94580
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -34-54-102-182142-16-8112
Interest Paid -28-27-16-7-6-8-5-6-10-12
Dividend Paid -2-1-60-5-5-130-7-7
Others 10010-282281369-13
Net Cash Flow 2-179192355-1514338-85
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.218.3817.1615.1611.0511.9413.2322.6914.477.4
ROCE (%)7.5110.6123.921.116.6519.311.3326.6217.258.98
Asset Turnover Ratio0.861.011.451.141.091.10.830.960.860.73
PAT to CFO Conversion(x)13.23.353.041.31.821.260.751.710.951.12
Working Capital Days
Receivable Days1418967821181112
Inventory Days46443035363543333445
Payable Days252141129951821101166162226

Deccan Cements Ltd Stock News

Deccan Cements Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Deccan Cements on 19-Mar-2024 16:45 is ₹555.0.
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 19-Mar-2024 16:45 the market cap of Deccan Cements stood at ₹774.3.
The latest P/E ratio of Deccan Cements as of 19-Mar-2024 16:45 is 17.54.
The latest P/B ratio of Deccan Cements as of 19-Mar-2024 16:45 is 1.08.
The 52-week high of Deccan Cements is ₹668.0 and the 52-week low is ₹388.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deccan Cements is ₹772.1 ( Cr.) .

About Deccan Cements Ltd

Deccan Cements operates in five segments: Slag cement plant, cement plant, hydel power, wind power and thermal power. The company manufactures OPC, PPC cement, slag cement, blended cement, clinker and generates hydel power, wind power and thermal power.

The company’s plants are located at Andhra Pradesh and Tamil Nadu and its registered office is located at Deccan Chambers, 6-3-666/B, Somajiguda, Hyderabad-500082, Andhra Pradesh.

Business area of the company:

The company’s principal activity is to manufacture cement, power and clinker.

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