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Ultra Tech Nathdwara Cement Ltd (BINANICEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532849 NSE: BINANICEM Cement & Construction Materials | Small Cap | Ultra Tech Nathdwara Share Price

BSE Share Price
Not Listed

Ultra Tech Nathdwara Cement Ltd (BINANICEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532849 NSE: BINANICEM Cement & Construction Materials | Small Cap | Ultra Tech Nathdwara Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹1,707 Cr.
Current Price
₹0
52-Week Low / High
₹81 / 97
TTM EPS
₹15.2
TTM Sales
₹1,672 Cr.
Book Value per Share
₹30.7
P/E Ratio
5.95
Industry PE
36.8
Price to Book (P/B)
2.95
Price to Sales (P/S)
1.02
EV/EBITDA
10.36
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
23.38%
Return on Assets (ROA)
5.86%
Operating Profit Margin
17.1%
Net Profit Margin
4.41%
Gross Profit Margin
8.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
24.72%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
-4.64%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-67.89%
Asset Quality
Promoter Holding
98.43%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹390 Cr.
Equity
₹188.6 Cr.
Face Value
₹10
All Time Low / High
₹24.95 / 130.00

Ultra Tech Nathdwara Cement stock performance

Key Ratios
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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.

Value Creation

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.8%6.5%-0.3%0%-265.6%-24.2%12.8%11.4%33.9%23.4%-
Value Creation
Index
-1.1-0.5-1.0-1.0NANA-0.1-0.21.40.7-

Growth Parameters

Sales 1,8511,7051,5251,3157701,1681,3671,2781,6722,0861,672
Sales YoY Gr.--7.9%-10.5%-13.8%-41.5%51.7%17.1%-6.5%30.9%24.7%-
Adj EPS -3.8-5-12.3-18.4-117.4-1.50.100.40.315.2
YoY Gr.-NANANANANANA-80%4300%-38.6%-
BVPS (₹) 30.724.644.225.8-208.9-3.7-3.5-5-4.1-3.830.7
Adj Net
Profit
-72.3-93.4-232-348-2,214-50615.32.615091.2287
Cash Flow from Ops. 61.9-22010.4-45.3-6.4-535426494341409-
Debt/CF from Ops. 38.1-13.3299.4-75.9-470.1-8.410.577.66.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.3%22.1%15.1%24.7%
Adj EPS NANA75.4%-38.6%
BVPS-179.4%NANANA
Share Price - - - -

Key Financial Parameters

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-10.7-16.9-34.1-52.6128.219.5-1.3-0.2-9.7-6.8113.2
Op. Profit
Mgn %
8.29.54.45.3-96.66.63226.922.317.116
Net Profit
Mgn %
-3.9-5.5-15.2-26.4-287.5-43.41.10.28.94.417.2
Debt to
Equity
4.15.63.77.1-0.8-3.6-3.8-2-1.9-1.92.2
Working Cap
Days
234351414503583275376225454559
Cash Conv.
Cycle
-74-59-39-36-126-781055-15

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,850.711,704.641,525.361,315.19769.891,167.581,366.691,278.101,672.392,085.78
Operating Expenses + 1,717.721,546.521,467.011,245.941,513.671,091.10929.94934.501,298.941,729.64
Manufacturing Costs805.45738.69642.70589.47334.09513.18534.27510.04841.991,170.59
Material Costs230.60189.49207.77151.4968.99171.85274.88298.69326.83402.26
Employee Cost 61.2554.4851.8050.1548.7449.7658.9358.8461.8659.23
Other Costs 620.42563.86564.74454.831,061.86356.3261.8666.9368.2697.56
Operating Profit 132.99158.1258.3569.25-743.7876.48436.75343.60373.45356.14
Operating Profit Margin (%) 7.2%9.3%3.8%5.3%-96.6%6.6%32.0%26.9%22.3%17.1%
Other Income + 111.53135.346.617.7412.1560.4955.5047.5937.673.66
Exceptional Items -159.28-12.8300-3,161.51-349.760-28.54159.920
Interest 273.25353.24358.57428.51460.70462.74368.34274.17210.12189.15
Depreciation 105.3374.7176.7575.7073.2367.8274.6774.7774.1378.57
Profit Before Tax -293.35-147.32-370.36-427.22-4,427.08-743.3449.2413.71286.7992.08
Tax -96.23-42.44-132.98-79.62-0.33-0.110000
Profit After Tax -197.12-104.88-237.38-347.60-4,426.75-743.2449.2413.71286.7992.08
PAT Margin (%) -10.7%-6.2%-15.6%-26.4%-575.0%-63.7%3.6%1.1%17.2%4.4%
Adjusted EPS (₹)-10.5-5.6-12.6-18.4-234.0-2.20.10.00.80.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Ultra Tech Nathdwara - 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund + 579.01524.28834.17486.39-3,939.74-1,245.68-1,193.98-1,684.05-1,394.23-1,303.40
Share Capital 188.60248.62188.60188.60188.603,4003,4003,4003,4003,400
Reserves 390.41275.65645.57297.79-4,128.35-4,645.68-4,593.98-5,084.05-4,794.23-4,703.40
Debt +2,035.092,811.383,009.383,306.2858.044,492.634,445.023,358.242,574.902,528.91
Long Term Debt1,882.492,737.342,964.353,271.878.732,692.882,652.412,571.4400
Short Term Debt152.5974.0445.0334.4149.311,799.751,792.61786.802,574.902,528.91
Minority Interest0000000000
Trade Payables541.04408.35528.16573.53542.9075.0962.5985.68121.43208.68
Others Liabilities 1,035.84622.77648689.175,687.84267.04302.36316.01221.11187.09
Total Liabilities 4,190.984,366.785,019.725,055.382,349.043,589.083,615.992,075.881,523.211,621.28

Fixed Assets

Net Fixed Assets +1,116.851,044.381,743.351,676.951,612.511,570.851,560.22996.231,073.951,127.06
Gross Block2,054.082,065.962,836.052,845.342,854.142,869.462,927.982,385.802,521.522,648.64
Accumulated Depreciation937.231,021.571,092.691,168.391,241.631,298.621,367.761,389.571,447.571,521.58
CWIP 165.77174.81146.67102.0519.289.5816.33124.92127.46185.45
Investments 1,059.301,059.301,059.301,059.30252.20548.33548.3340.0936.183.07
Inventories248.18182.0267.3462.2762.19142.13120109.66189.61181.72
Trade Receivables0.27147.83399.34578.1312.314.930000
Cash Equivalents 44.79108.7346.6134.2692.1071.7667.5521.1820.8353.94
Others Assets 1,555.811,649.701,557.111,542.41298.431,241.501,303.56783.8075.1870.04
Total Assets 4,190.984,366.785,019.725,055.382,349.043,589.083,615.992,075.881,523.211,621.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity + 61.85-219.9410.38-45.25-6.40-534.91425.53493.83340.73408.84
PBT -293.35-147.32-370.70-427.50-4,427.08-743.3449.2413.71286.7992.08
Adjustment 440.83307.61452.31508.924,468.30842.65319.88346.28111.81259.07
Changes in Working Capital -58.22-391.52-69.91-125.69-46.92-633.1857.62134.81-54.9660.16
Tax Paid -27.4111.29-1.32-0.97-0.70-1.04-1.21-0.97-2.91-2.47
Cash Flow From Investing Activity + -725.1921.5671.7352.880.71-2,620.08-41.29840.16749.35-141.63
Capex -46.9514.85-2.5035.33-8.82-8.61-76.95-108.57-166.88-179.95
Net Investments 0000013.16-0.68843.88908.46-1.78
Others -678.246.7174.2317.569.53-2,624.6336.34104.857.7740.10
Cash Flow From Financing Activity + 633.07262.32-98.49-21.0475.263,116.91-388.98-1,335.67-1,089.44-235.06
Net Proceeds from Shares 000001,498.500000
Net Proceeds from Borrowing 766.02657.44232.49335.34000-40.50-2,652.750
Interest Paid -219.59-353.52-322.77-346.73-9.74-1,818.25-371.18-287.84-224.79-189.07
Dividend Paid 000.030.06000000
Others 86.64-41.60-8.24-9.71853,436.66-17.80-1,007.331,788.10-45.99
Net Cash Flow -30.2863.93-16.38-13.4169.57-38.08-4.74-1.680.6432.15

Financial Ratio

PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-29.09-20.11-36.56-52.64N/AN/AN/AN/AN/AN/A
ROCE (%)-0.776.46-0.320.03N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.560.460.380.30.220.390.380.450.931.33
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A8.6436.021.194.44
Working Capital Days
Receivable Days0.2013.8056.60116.80134.702.700000
Inventory Days34.1039.9025.8015.5028.4031.903532.8032.7032.50
Payable Days839.50914.40822.601,327.202,953.50656.3091.4090.60115.70149.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.0044.7244.720.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ultra Tech Nathdwara Cement Ltd FAQs

The current trading price of Ultra Tech Nathdwara on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Ultra Tech Nathdwara stood at ₹1,706.8 Cr

The latest P/E ratio of Ultra Tech Nathdwara as of 31-Dec-1969 is 5.95.

The latest P/B ratio of Ultra Tech Nathdwara as of 31-Dec-1969 is 2.95.

The 52-week high of Ultra Tech Nathdwara is ₹96.50 and the 52-week low is ₹81.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ultra Tech Nathdwara is ₹1,672 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Ultra Tech Nathdwara Cement Ltd

Binani Cement is the flagship subsidiary of Binani Industries (BIL), representing the Braj Binani Group. The cement business started operations in 1997, in Sirohi District, Rajasthan with a 1.65 MTPA integrated cement facility and a 25 MW captive power plant with technological support from F L Smidth, Denmark and Larsen & Toubro.

The capacity was raised to 2.25 MTPA in 2005 through advanced in-house R&D and de-bottlenecking and the Company was also certified to ISO 9001, ISO 14001 and OHSAS 18001 within a short span from commencement of operation. This is an achievement that clearly illustrates the management's commitment to quality, efficiency, environment, health and safety. In 2008, a split-grinding unit at Neem Ka Thana was commissioned, boosting the capacity in India to 6.25 MTPA.

Today, Binani Cement has established itself as one of the top companies in the industry in terms of efficiency and performance. What truly sets Binani Cement apart is its clear focus on the core attributes of quality, strength and reliability of the end product. These have paid rich dividends and seen brand 'Binani' growing in prominence and stature, poised to capture increasing market share globally. BCL has made film actor Amitabh Bachchan a brand ambassador of its product.

The Binani Cement Plant in Pindwara, District Sirohi, Rajasthan is in close proximity to the customers in the State and also caters extensively to markets in Gujarat, Haryana and North Central Region. The nearest airport is at Udaipur, which is situated at a distance of 105 km from the plant.

The company has two limestone mines in village Amli and Thandiberi located at a distance of 2 Km and 7Km respectively from the plant premises. These mines are leased to the Company by the Government of Rajasthan initially for a period of 20 years which is renewable after every 20 years. The total estimated reserves in both the mines till date is 175 million tonnes.

Recognition and awards for Indian Operations

  • ITC CII Sustainability Award 2009 - for its significant contribution in the field of sustainable development encompassing environment, society and economics - the three pillars of triple bottom line. The Company received this award during 2008 as well whereby it became the first Indian Cement Company to receive this prestigious award.
  • Greentech Environment Excellence Gold Award 2009 - BCL received this award consecutively in a row for 2008 & 2009 in recognition of its exemplary initiatives in Environment Management.
  • National Award for Excellence in Water Management 2009 - BCL was rated as the ‘Excellent Water Efficient Unit’ to have been conferred this prestigious national award instituted by the CII Soharabji Godrej Green Business Centre, Hyderabad.
  • National Award for Excellence in Energy Management 2009 - BCL was rated as the ‘Energy Efficient Unit’ on being conferred this annual award instituted by the CII Godrej Green Business Centre, Hyderabad.
  • Certificate of Merit for 2007-08 for Productivity Improvements - The award which has been instituted by the Rajasthan State Productivity Council, Jaipur was conferred to BCL in recognition of the Company’s sustained initiatives towards productivity improvements.
  • Certificate of Excellence - Best Employer Award Competition 2008 - This award was conferred to BCL in recognition of company’s excellence towards maintaining good Employee-Employer Relationship for the year 2008.
  • Udyog Bharati Award 2009 and Indian Achievers Award for Quality Excellence - These awards have been instituted by the All India Business & Community Foundation (AIBCF) for entrepreneurship development leading to economic growth that greatly contributes to generate long term opportunities for the communities.

Recognition and awards for China Operations

  • Awards won by Shandong Binani Rongan Cement Co (SBRCCL), China during the year 2008 & 2009 - Symbols of Global Recognition
  • Best Enterprise of Provincial Cement Quality Competition from Shandong Cement Quality Supervision Station in March 2010.
  • Best Enterprise of Provincial Cement Quality Competition from Shandong Cement Quality Supervision Station in March 2010.
  • Contribution Award in the Economic Work from Dongguan Town Government and Dongguan Party committee in March 2010.
  • Silver Medal of economic work & cash prize of RMB 50,000 from Ju County Party Committee and Ju People’s Government in February 2010.
  • Excellent Credit Industrial Enterprise from Ju County Party committee and Ju People’s Government in January 2010.
  • Model Enterprises of Safety Production from Youth League of Ju Committee and Safety Production Supervision Bureau in July 2009.
  • Excellent Private Enterprise from Dongguan Town government and Dongguan Party Committee in February 2009.
  • Excellent Credit Industrial Enterprise from Ju County Party committee and Ju People’s Government in January 2009.
  • Bronze Medal in the Economic Work from Ju County Party Committee and Ju People’s Government in January 2009.
  • Leading Enterprise for Foreign Trade Export from Ju County Party Committee and Ju People’s Government in January 2009.
  • Special Contribution of Foreign Investment from Ju County Party Committee and Ju People’s Government in January 2009.
  • Model Enterprise of Safety Production from the Safety Production Committee of Rizhao City in March 2008.
  • Advanced Private Enterprise issued by Party Committee of Dongguan Town and People’s Government of Dongguan Town in February of 2008.
  • Bronze Medal for contribution to Economic work issued by Party Committee of Ju County and People’s Government of Ju County in January of 2008.

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