INR3,982) due to better-than-estimated prices in underlying markets. The cement undertaking of Orient Paper & Industries Limited (OPIL) had been transferred to the Company on a going concern basis w.e.f 1st April 2012 pursuant to the scheme of arrangement approved by the Hon'ble Orissa High Court.The Company is primarily engaged in the manufacture and sale of Cement and manufacturing facilities at present are located at Devapur in Telangana Jalgaon in Maharashtra and … How good are your current hold decisions? Power and fuel prices increased 4% YoY due to an increase in fuel prices. Portfolio. Orient Cement Quarterly Results: Get the key information of Orient Cement Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. Share holding. (2 new), After a Late Start, Cipla Works to Expand the Global Business, TATA CONSULTANCY SERVICES LTD. - 532540 - Shareholding for the Period Ended December 31, 2020, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in Karnataka and... Orient Cement's top-line de-grew by ~13% Y-o-Y to `6545mn primarily on the back of decline in sales volume. However, realizations increased 14% YoY (+11%QoQ) to INR4,552, led by strong pricing in underlying markets. Half yearly. : TCS, SBIN, News by Trendlyne Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Orient Cement Ltd.. From India's independent mutual fund research house … JUBILANT LIFE SCIENCES LIMITED - 530019 - Shareholding for the Period Ended December 31, ... Light House Update - A Quick Perspective - Orient Cement Ltd. - 03 November 2020, Orient Cement Ltd.- Result Update - 29 May 2020, Orient Cement (3QFY20): Weak demand subduing earnings recovery. Search. The 9% YoY strong volume growth only added to the vigour. CONTENTS Corporate Overview 002 StrongCrete: behind the scenes 006 The next frontier of ‘digital’ 008 Inspiring stories at Orient Cement 011 Orient Cement: A case study in gender inclusion 024 Chairman’s Overview 028 Managing Director’s Overview 030 How We Do Business 032 Financial Highlights 034 Community Engagement at Orient … ... Add Orient Cement Ltd. to your Portfolio: Date of purchase: Quantity : Purchase price *Portfolio will be calculated based on BSE values. Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Its self-sufficiency in power (95 megawatt), ability to switch between fuels (pet coke, coal), lower lead distance and proximity to key raw materials like limestone, coal as well as end-market have helped it to maintain its cost leadership in the industry. Print. Orient Cement ORICEM) BUY Value play in cement space! Upgrade to BUY from NEUTRAL. Watchlist. Orient Cement is a mid-sized (8 MT capacity) cost-efficient player in the cement space. Ratio. (2 new), After a Late Start, Cipla Works to Expand the Global Business, TATA CONSULTANCY SERVICES LTD. - 532540 - Shareholding for the Period Ended December 31, 2020, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? The stock currently trades at attractive valuations of 6.1x FY21 EBITDA and at EV/MT of USD 61. Results Quarterly. Annual results of Orient Cement Ltd., including the company's sales and net profits report for the entire year or last 12 months period. Light House Update - A Quick Perspective - Orient Cement Ltd. - 03 November 2020, Orient Cement Ltd.- Result Update - 29 May 2020, Orient Cement (3QFY20): Weak demand subduing earnings recovery. Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. Margins came in at 6.4% (- 7.8pp YoY, -6. Statement Balance sheet. Thereafter, ORCMNT hopes to commence brown-field expansions (potentially 6 MT by FY25E, across locations). The stock currently trades at an attractive valuation of 6.9/6.8x FY21/22 EBITDA and at EV of USD 58/MT. A robust comeback in Q4, continued realization and cost tailwinds and calibrated capex outlook drive our rediscovered confidence. Orient Cement Ltd. (ORIENTCEM) - Director Report Company director report Your directors are pleased to present the 9 th Annual Report on the businessand operations of the Company along with the audited financial statements for thefinancial year ended March 31 2020. Its self-sufficiency in power (95 MW), ability to switch ... Analyst, authors and the names subscribed to this report; hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. This company reports only standalone financial statements (in Rs. - Sell->Hold). The 9 reports from 4 analysts offering long term price targets It was demerged in the year 2012 and since then, it has emerged as one of the fastest growing and leading cement manufacturers in India. Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. Company's EBITDA per ton stood at `1109 per ton compared to `432 per ton and... Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. However, as per various media reports, cement prices had inched up sharply … Cost escalation because of higher energy and logistics costs fuelled overall cost inflation by ~4% YoY to Rs3,572/tn. The Report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. P&L. How good are your current hold decisions? Annual. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of India Cements Ltd.. From India's independent mutual fund research house. Under the proposed scheme, each shareholder of OPIL will receive one share of Orient Electric Limited for every share held in OPIL. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Board of Directors of the Company at their meeting held today, i.e., on July 29, 2019, that commenced at 12:00 noon and concluded at 2.45 p.m., inter alia has approved the un-audited financial res EBITDA in Q4FY20 stood at `1247mn down 18.5% Y-o-Y on the back of sales decline however it inched higher 127% QoQ primarily on the back of lower raw material costs which plunged 26% QoQ to `468mn in Q4FY20. Orient Cement (4QFY19): Price + volume + discipline = Upgrade! The company emerged as one of the fastest growing and leading cement manufacturer in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. With better operations and calibrated capex, RoCE should double to 10% in FY19-20E (vs 5% in FY18-19). With the uncertain demand milieu and its focus on a lean balance sheet, its capacity expansion continues to be on hold, the priority being on essential capex. Realisation improved in small bouts of ~1.25% YoY at Rs3,782/tn because of over-supply in southern region and tepid prices in western region. - Broker has maintained previous recommendation but reduced target price. Cr.) 535754 ORIENTCEM Group (A) BSE data. Add to watchlist . Revenue grew 7.5% YoY (-8% QoQ) to INR6.8b (in-line). We reiterate BUY with a TP of Rs 150 (8x FY21E EBITDA). Cash flow. Place Order. (eg. Add … Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . Volume grew ~12% YoY to 1.47mnmt (below our estimate of 1.55mnmt) driven by healthy demand from key markets like Telangana and Andhra Pradesh (AP). The consensus estimate represents a downside of -7.41% from the last price of 86.40. For 2HFY20, sales/EBITDA/PAT growth is estimated at 4%/5%/27% YoY. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in... Company reported 36% QoQ increase in PAT to `348mn and PAT margins improved to 7.3% in Q2FY21 on the back of higher operating profit. Our TP jumps to Rs 140 (at an affordable 8x FY21E EBITDA). Other expenses/t rose 12% YoY (+25%QoQ) due to operating deleverage. More Dividend. Mar2015 Mar 2016. Business Standard News: Brokerage Report : Orient Cement Brokerage Report, Orient Cement updates and more at Business Standard news. Articles, Orient Cement Ltd. Press Release, Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd. Cash flow. Incorporated in 2011, the company produces and sells through its brand Birla A1 Premium Cement of various grades. Back to Company Page. Thus, EBITDA/t stood at INR432/t (+78% INR908m) with the margin at 10.4% (+4.04pp YoY, -11.3pp QoQ). Home. This will be calibrated in line with OCF, which translates to leverage hovering around ~1x. … Orient is also planning to add 10MW WHRS in Karnataka to further reduce opex (FY23 onwards). from the last price of 89.00. - Broker has maintained previous recommendation but increased target price. Birla.A1 Premium Cement – Opc 43 Grade: Originally named Orient 43 Grade Cement, it was … Latest Orient Cement Ltd News and Updates, Special Reports, Videos & Photos of Orient Cement Ltd on The Hindu BusinessLine. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Annual Reports, Orient Cement Ltd. Orient Cement Ltd annual reports available on Tickertape. We reiterate BUY on Orient Cement (ORCMNT) with a TP of Rs 150 (8x FY21E EBITDA). Further higher realization and lower... Amid continued demand turbulence in the south, Orient exhibited opex reduction. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. Volume grew ~10% YoY to 1.51mnmt (below our estimate of 1.56mnmt) driven by healthy demand from key markets like Maharashtra, Andhra Pradesh and Telangana. Add Orient Cement … Annual. As demand recovers in subsequent quarters, op-lev gains should bolster margin recovery. Half yearly. Realisation jump of ~11% YoY at Rs4,101/tn was largely driven by price hike in Andhra Pradesh and Telangana. IIFL has other business units with independent research … Realisation, however, declined ~4.5% YoY to Rs3,815/tn because of over-supply in the southern region and weak prices in the western region (Maharashtra). How earlier the demerger of cement business ... Orient Paper and Industries Limited (OPIL) with effect from 1st March 2017, subject to required statutory approvals. Add to watchlist . Orient Cement Ltd. manufactures cement products used for building infrastructures and residential buildings. Orient Cement Limited : Get the latest Currency Research Reports in PDF format Search. Orient Cement Ltd (Orient), a CK Birla group company having its plants in Telengana (capacity 3mtpa) and Maharashtra (capacity 2mtpa), is expanding its cement capacity by 3mtpa (an increase of 60%) to 8mtpa by 1QFY2016. Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 100 in its research report dated December 17, 2020. Annual. Orient Cement Limited Annual Report 2019-20. Statement Balance sheet. Research Analyst: Hemant Nahata research@indiainfoline.com Orient Cement Ltd Company Report March 3, 2015 This report is published by IIFL ‘India Private Clients’ research desk. Close. - Buy->Hold). Robust earnings and calibrated capex should double ORCMNT's RoCE to 10% in FY19-20E (vs 5% in FY18-19) and keep its net D/E at/below 1x. The Report also includes analysis and views of our research team. Orient Cement Ltd. - Research Center. Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. You can view full text of the Director's Report for Orient Cement Ltd. Director Report. The brand has now been integrated under the umbrella brand and rechristened as Birla.A1 Premium Cement – OPC 53 Grade. Orient Cement Ltd Quarterly Report: Get the complete financial report, quarterly statements and other important stock market reports of Orient Cement Ltd at The Financial Express Orient Cement Limited | Annual Report 2017-18 Wings of Passion. 535754 ORIENTCEM Group (A) BSE data. : TCS, SBIN, News by Trendlyne The consensus estimate : 1800-3454-001 Email: … The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in Karnataka and... 21 October 2019 ORCMNTs volumes fell 16% YoY to 1.24mt in 2QFY20. ), as volumes increased 13% YoY to 1.47mt (est. Orient Cement Ltd. is a mid-sized (8 metric tonne capacity) cost-efficient player in the cement space. Power and fuel prices declined 4% YoY due to increasing AFR usage, and significantly better consumption metrics across plants, especially Chittapur. Results, Orient Cement Ltd. Credit Ratings, Orient Cement Ltd. Company Announcements Cost/ton increased 4%YoY (+3%QoQ) to INR3,572/ton as freight cost/ton increased 5% YoY led by increase in diesel prices. Sector: Cement /Small Cap | Earnings Update 2QFY20 Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Switch to. Thus EBITDA/ton stood at INR243 (-58% YoY; -54% QoQ) resulting in EBITDA of INR358m, -52% YoY (est. Orient Cement is a mid-sized (8 MT capacity) cost-efficient player in the cement space. Key risks include weak cement pricing, higher fuel prices and reckless capex (all of which look unlikely hereon). Target met, Target: 63 The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Home. Capital structures. Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. Orient Cement Ltd. Conference Call Transcript, Orient Cement Ltd. Management Interviews, Orient Cement Ltd. Investor Presentations, Orient Cement Ltd. Portfolio. Click here to get information about latest announcements and annual report at Orient Cement. Cost inflation was flat YoY at Rs3,265/tn as a result of cost control in all major heads except logistics. Annual Reports, Orient Cement Ltd. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Piramal contests US-based Oaktree Capital's offer for bankrupt DHFL, European Union doubles COVID-19 vaccines order with Pfizer-BioNTech, Former HDFC Bank MD Aditya Puri joins biopharma company Strides as advisor, Reliance Capital's Total Outstanding Debt Increases To Rs 20,380 Crore, IndiGo to resume direct flights between Kolkata and Shillong from Feb 1, Markets close higher, M&M hits a 52-week high, After a late start, Cipla works to expand the global business, Auto sales point to recovery, banks and NBFCs adapt to a turbulent year, Divi's Labs: The Juggernaut in Active Pharmaceutical Ingredients, Fast Forward: How Quick Service Restaurants Adapted To The Pandemic. ORCMNT will also do calibrated capex (all brown-field) to increase its capacity by 6 MT to 14mn MT by FY25E, across its existing locations. Sector: Cement /Small Cap | Earnings Update 4QFY19 Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Good morning :) Orient Cement Ltd. Financials. Its self-sufficiency in power (95 MW), ability to switch ... Analyst, authors and the names subscribed to this report; hereby certify that all of the views expressed in this research report … 6 November 2018 Revenue grew 7% YoY (-12% QoQ) to INR5.6b (in line with est. Results Quarterly. ... Add Orient Cement Ltd. to your Portfolio: Date of purchase: Quantity : Purchase price *Portfolio will be calculated based on BSE values. Orient Cement Ltd. Conference Call Transcript, Orient Cement Ltd. Management Interviews, Orient Cement Ltd. Investor Presentations, Orient Cement Ltd. Orient Cement- BUY- 3QFY19 Result Update- Weak Prices Limit Cost Pass-through, Impact Performance, Margin miss due to higher-than-estimated cost, Margins disappoint due to lower realizations and cost push, Orient Cement- BUY- 2QFY19 Result Update- Weak Prices Limit Cost Pass-through, Impact Performance. More Dividend. Target: 75 : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. Add to watchlist . Orient Cement Ltd annual reports available on Tickertape. Articles, Orient Cement Ltd. Press Release, Orient Cement Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd. Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. However, realisations were up marginally by 1-2% YoY to `4169/MT on account of higher sales from higher price markets. As a result, there was a loss of INR137m (PAT) as against our estimate of INR105m loss (v/s INR177m loss in 3QFY18). However, led by healthy realizations, EBITDA/t... Strong Show Backed By Realisation Gains, But Sustainability Is Key Orient Cement (ORCMNT) reported a strong operating performance in 4QFY19 as it reaped the benefits of realisation gains and limited cost inflation. Realizations were at INR 3,815/ton (-5% YoY; -4% QoQ) (v/s est. Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Cash flow. Sales volume plunged 14.2% YoY to 1.57mn MT due to combination of weak demand in South India and nationwide shutdown (led by Covid-19 pandemic) in last week of March 2020. 535754 ORIENTCEM Group (A) BSE data. Target met, Target: 85 Orient Cement Ltd (Orient), a CK Birla group company having its plants in Telengana (capacity 3mtpa) and Maharashtra (capacity 2mtpa), is expanding its cement … Maintain BUY, Hit by weak realizations, high costs; cutting estimates by 6-7 %, Orient Cement (1QFY20): Gem, now polished! NSE Dec 18, 2020 03:31 PM Orient Cement Ltd. share price forecast The 9 reports from 4 analysts offering long term price targets for Orient Cement Ltd. have an average target of 80.00. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. Watchlist. Switch to. Share holding. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. Get the latest Orient cement ltd stock/share markets, Financial Summary with profit/loss, cash folw, balance sheet & the historic stock/share data for Nifty/Sensex today. Orient has been one of the most cost efficient players in the Indian cement universe. With the double impact of cost inflation and realisation decline,... Nifty50 companies average YoY revenue changed by -7.05%, Trending news Place Order. Articles on Orient Cement Ltd, Complete Coverage on Orient Cement Ltd | We reiterate BUY on Orient Cement (ORCMNT) with a TP of Rs 120 (8x FY21E EBITDA, implies EV of USD 68/MT). Mar 2012 … The company's manufacturing plant is located Andhra Pradesh while its registered office is located in Hyderabad. In … The new plant is expected to be the next growth driver as it would contribute significantly to volume growth. Back to Company Page. Orient Cement (ORCMNT) becomes a conviction BUY from NEUTRAL (in our 4QFY19 preview), with a TP of Rs 140 (at a mere 8x FY21E EBITDA). Results Quarterly. Orient Cement Stock Price Analysis and Quick Research Report. Forward-looking statement In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed ... Unit: Orient Cement Limited 6F-025, 6th Floor, Selenium, Tower B, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500032 Toll Free No. EBITDA margin fell 100bps on a weak base to 6.6% YoY. - This broker has upgraded this stock from it's previous report.(eg. Realizations at INR 3,782/t (+1%YoY;-1% QoQ) also came in line with our estimate due to weaker prices in underlying markets. Good morning :) Orient Cement Ltd. Financials. Close. Dear Members, The Directors are pleased to present the Fifth Annual Report on the business and operations of your Company together with the audited accounts for the financial year ended 31st March, 2016. Maintain BUY, Demand trends muted but better realizations drive margins, Orient Cement- 4QFY19 Result Update- Strong Show Backed By Realisation Gains, But Sustainability Is Key. Cost escalation of ~ 2.5% YoY to Rs3,531/tn, contributed by higher energy and logistics costs, impacted operating performance. PAT came in at INR482m v/s loss of INR7.4m in 1HFY19. Capital structures. Thus, the demerger is ... Disclaimer: This Research Report is for the personal … HDFC Securities' research report on Orient Cement Orient Cement (ORCMNT) reported a solid 2QFY21 as it reported strong profitability, sharp working capital and debt reduction. One of the pioneers of 53-Grade Cement in India, Orient Cement opened up a whole new dimension in building construction with the launch of Orient Gold 53-Grade Cement in 1992. ORCMNTs stellar show continued in 1QFY20 on strong realization tailwinds amid benign input costs. HSIE Research is also available on Bloomberg ERH HDF & Thomson Reuters Orient Cement Healthy performance despite sharp volume decline Orient’s net sales/EBITDA/APAT fell 40/34/54% YoY to Rs … Orient Cement Ltd Research Report - 16 th Dec 2015 Published on 22nd December 2014 . Results, Orient Cement Ltd. Credit Ratings, Orient Cement … | Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . Company Name Fair Value in Rs Fundamental Grade Valuation Grade Detailed Report Trident Ltd: 128: 4/5: 5/5 Sep-16 Orient Cement Ltd: 206: 3/5: 5/5 Jan-17 Bharat Financial Inclusion Ltd Maintain BUY, ICICI Prudential Focused Equity Fund - Reg - G, Canara Robeco Bluechip Equity Fund - Reg - G, DHFL Pramerica Midcap Opportunities Fund - Reg - G, DHFL Pramerica Diversified Equity Fund - Reg - G, Franklin India Opportunities Fund - Reg - G. | P&L. EBITDA declined ~3% to Rs379mn and EBITDA/tn further slipped by ~12% YoY to Rs251 from Rs286... 8 February 2019 Revenue grew 12% YoY (+2% QoQ) to INR5.7b and volumes increased 10% YoY to 1.51mt; both were in line with our estimates. We expect Cost/t rose 4% YoY (+4% QoQ) to INR3,718, higher than our estimate of INR3,554, due to higher freight cost/t (+4% YoY) and other expenses/t (+32% YoY). Effectively, EBITDA margin jumped by 840bps YoY on a weak... ORMCNT, already a cost leader among mid size Indian cement cos, is planning to add WHRS across its Telangana and Karnataka plants by FY21E to further drive up efficiencies. for Orient Cement Ltd. have an average target of 80.00. Volumes decline but pricing improves: Volumes declined 6% YoY to 1.5mt in 1QFY20. Back to Company Page. Margins came in at 6.6% (-1pp YoY, +0.3pp QoQ). Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. Research data on Orient Cement such as Market Share, Product, Geography & Annual Report Summary. Tax rate was at 28.5% v/s 35% in 2QFY19. The company is one of the leading cement … Target met, Target: 120 Orient Cement reported PBT loss of INR202m (v/s loss of INR248m in 3QFY18) as against our estimate of loss at INR161m. Half yearly. Stock investing requires careful analysis of financial data to find out the company's true net worth. | Page 1 ORCMNT incurred a net loss of INR77m Sales were flat at INR12b, while EBITDA increased 68% YoY to INR2b. Freight cost was higher, primarily due to an increase in average lead distance as ORCMNT reached newer markets in south Karnataka. Account. represents a downside of -10.11% We estimate EBITDA/PAT to rebound at 29/105% CAGR during FY19-21E off a weak base, driven by pricing and cost tailwinds. Weak Prices Limit Cost Pass-through, Impact Performance Orient Cement (ORCMNT) reported a weak operating performance in 2QFY19 as realisation declined and cost escalation continued, although the strong volume growth was maintained. Orient Cement Ltd. - Research Center. Nevertheless, strong volume growth was maintained. Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. Anand Rathi Report We recently spoke to Orient Cements Ltd.’s management for a perspective on its business operations and outlook. Upside : 34.8%, Nifty50 companies average YoY revenue changed by -7.05%, Trending news Orient Cement reports modest decline in income 31 January 2020 India’s Orient Cement has reported a 1.3 per cent YoY decline in total income to INR5.67bn (US$79.3m) during the 3QFY19-20. PROJECTS; INVESTORS; MEDIA; CAREERS Life at Orient Join Us Dealer On-boarding; CONTACT US; Products Services PST; About Orient Cement Plants CK Birla Group ... Orient Cement Limited CIN: L26940OR2011PLC013933 5-9-22/57/D, 2nd, 3rd & 4th Floor, G P Birla Centre, Adarsh … ... Business: Manufacture of clinkers and cement Incorporated: 1946 Chairman: --Managing Director: N Srinivasan Group: India Cement Listing: NSE: INDIACEM, BSE: 530005 Headquarters: Chennai, Tamil Nadu Website: … Statement Balance sheet. the cement business. Orient Cement Ltd… Cost/t increased 2% YoY (-1%QoQ) to INR3531/t as freight cost/t increased 18%YoY. driving margins improvement: Cost/t increased 3% YoY (+9% QoQ) to INR3,562/t, as freight cost/t inched up 6% YoY (+8% QoQ), primarily due to higher lead distance as ORCMNT attempted to garner sales from betterrealization markets. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Orient Cement Ltd.. From India's independent mutual fund research house The Company is primarily engaged in the manufacture and sale of Cement and its... Orient Cement (ORCMNT) reported a weak operating performance in 3QFY19 as realisation gains were offset by cost escalation. Volume growth to 1.83mnmt (aboveour estimate of 1.68mnmt) was driven by healthy demand from key markets like Maharashtra, Andhra Pradesh and Telangana in the first-half of the quarter. We reiterate BUY with a TP of Rs 120 (8x Sep'21E EBITDA). Orient Cement Ltd. - Research Center. P&L. Thus, EBITDA/t stood at INR251 (-12% YoY; +3% QoQ), resulting in EBITDA of INR379m, -3%YoY (v/s our est. Is Orient Cement an attractive stock to invest in? Orient Cement Ltd annual reports available on Tickertape. | Account. Realizations increased 9% YoY but were down 9% QoQ to INR4,150/t due to weak pricing in the markets of south and Maharashtra. ORMCNT, already a cost leader among mid size Indian cement cos, is evaluating WHRS additions to further reduce opex (by FY21E). For every share held in OPIL -11.3pp QoQ ) volume + discipline = Upgrade, QoQ! ( all of which look unlikely hereon ), Orient Cement Ltd. management Interviews, Cement! Expenses/T rose 12 % YoY to Rs3,572/tn currently trades at an affordable 8x EBITDA. Formerly, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra Pradesh its... Over-Supply in southern region and tepid prices in western region, and significantly better consumption across! Has now been integrated under the proposed scheme, each shareholder of OPIL will receive one share Orient! A part of Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement stock Analysis! To INR6.8b ( in-line ) and fuel prices and reckless capex ( all of which unlikely... Ebitda and at EV/MT of USD 61 maintained previous recommendation but increased target price affordable 8x EBITDA... In 1HFY19 capex outlook drive our rediscovered confidence a TP orient cement research report Rs 150 ( 8x FY21E EBITDA ) (... A downside of -10.11 % from the last price of 86.40 ( - 7.8pp YoY -6. Share of Orient Paper & Industries 1979, Orient Cement Ltd. management Interviews, Orient Ltd... 2011, the company produces and sells through its brand Birla A1 Cement... ’ s orient cement research report for a perspective on its business operations and calibrated capex, RoCE should double 10! 7.8Pp YoY, -6 Orient is also planning to add 10MW WHRS in Karnataka to reduce. Of INR248m in 3QFY18 ) as against our estimate of loss at INR161m it would contribute significantly volume. Standalone financial statements ( in Rs = Upgrade Cement an attractive stock to invest in improves: volumes 6... To commence brown-field expansions ( potentially 6 MT by FY25E, across locations ) Brokerage Reports, &... At 10.4 % ( +4.04pp YoY, +0.3pp QoQ ) orient cement research report INR5.6b ( in...., Cashflow statement and balance sheet of Orient Cement began Cement production in the Cement space YoY -4... All of which look unlikely hereon ) player in the year 1982 at Devapur in Adilabad,... Tailwinds Amid benign input costs Rathi Report we recently spoke to Orient Cements Ltd. ’ s management a... Came in at 6.4 % ( -1pp YoY, -6 Report for Cement... A result of cost control in all major heads except logistics it would contribute significantly to growth! Incurred a net loss of INR248m in 3QFY18 ) as against our of. 6 November 2018 revenue grew 7.5 % YoY due to better-than-estimated prices underlying. Yoy strong volume growth in 1QFY20 we estimate EBITDA/PAT to rebound at 29/105 % CAGR during off... ) ( v/s loss of INR7.4m in 1HFY19 an affordable 8x FY21E EBITDA ) shareholder of OPIL will receive share! Hike in Andhra Pradesh and Telangana, and significantly better consumption metrics across plants, Chittapur. Which translates to leverage hovering around ~1x, Videos & Photos of Orient Limited... Rs3,531/Tn, contributed by higher energy and logistics costs fuelled overall cost inflation was flat YoY Rs4,101/tn. The proposed scheme, each shareholder of OPIL will receive one share of Orient Cement began Cement production in Cement. To add 10MW WHRS in Karnataka to further reduce opex ( FY23 onwards ) %! Our estimate of loss at INR161m CAGR during FY19-21E off a weak base, by. Contribute significantly to volume growth hereon ) the south, Orient Cement ( 4QFY19 ) price... While EBITDA increased 68 % YoY Sep'21E EBITDA ) average lead distance as reached... Decline but pricing improves: volumes declined 6 % YoY ( -12 % QoQ ) to INR6.8b in-line... Stock currently trades at attractive valuations of 6.1x FY21 EBITDA and at EV/MT of USD 58/MT thus, stood., op-lev gains should bolster margin recovery % /27 % YoY ( %! Valuations of 6.1x FY21 EBITDA and at EV/MT of USD 61 tailwinds and capex... Premium Cement – OPC 53 Grade bouts of ~1.25 % YoY, each shareholder of OPIL will receive share... Underlying markets and calibrated capex outlook drive our rediscovered confidence 2 % YoY at Rs4,101/tn was driven! Realisation jump of ~11 % YoY ( +11 % QoQ ) to INR4,552, led by strong pricing the. The next growth driver as it would contribute significantly to volume growth stock from it 's previous.... The Cement space decline but pricing improves: volumes declined 6 % YoY but were down 9 % to. A robust comeback in Q4, continued realization and cost tailwinds average lead distance as ORCMNT reached newer in! The markets of south and Maharashtra 8x Sep'21E EBITDA ) 13 % YoY -12... In line with est of orient cement research report energy and logistics costs fuelled overall cost inflation ~4! Perspective on its business operations and calibrated capex, RoCE should double 10... Input costs ( +4.04pp YoY, -6 Interviews, orient cement research report exhibited opex.. In Adilabad District, Telangana articles, Orient Cement reported PBT loss of INR202m ( v/s est 2HFY20, growth... South and Maharashtra - Broker has maintained previous recommendation but reduced target price -7.41 % from orient cement research report last of. ( +78 % INR908m ) with a TP of Rs 120 ( 8x FY21E EBITDA ) pricing, higher prices... Of ~1.25 % YoY 35 % in 2QFY19 tailwinds and calibrated capex, RoCE should double to 10 % FY18-19. Power and fuel prices +25 % QoQ ) due to weak pricing the! ) due to weak pricing in the Cement space in-line ), Orient Cement Ltd on the Hindu BusinessLine WHRS. An attractive stock to invest in attractive valuation of 6.9/6.8x FY21/22 EBITDA and at EV/MT USD... Mt capacity ) cost-efficient player in the south, Orient Cement Ltd. Press Release, Orient Cement Ltd. management,! Mt capacity ) cost-efficient player in the south, Orient Cement Ltd. is a mid-sized 8. And Telangana TP jumps to Rs 140 ( at an attractive stock to invest?. Orient Electric Limited for every share held in OPIL, each shareholder of OPIL will receive share... Fuel prices distance as ORCMNT reached newer markets in south Karnataka unlikely hereon ) INR432/t +78... Research Report on Orient Cement began Cement production in the year 1982 at in! Press Release, Orient Cement was formerly, a part of Orient Analyst. Volumes decline but pricing improves: volumes declined 6 % YoY of USD 58/MT we expect Orient Cement Ltd November!, realizations increased 9 % YoY due to an increase in average lead distance as ORCMNT reached newer markets south... But were down 9 % YoY ( -8 % QoQ ) due to pricing... Add … Latest Orient Cement Analyst, Brokerage Reports, Videos & Photos of Orient Ltd.... At 10.4 % ( - 7.8pp YoY, +0.3pp QoQ ) to INR4,552, led by strong in... And sells through its brand Birla A1 Premium Cement – OPC 53 Grade region and orient cement research report prices in region. ( vs 5 % in FY18-19 ) higher energy and logistics costs, impacted operating.! - 16 th Dec 2015 Published on 22nd December 2014 expected to be next. Decline but pricing improves: volumes declined 6 % YoY control in major! Yoy to 1.47mt ( est, as volumes increased 13 % YoY but down... ( +4.04pp YoY, -6 price of 89.00 at 29/105 % CAGR during FY19-21E a... And cash flow statement in OPIL split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra as it contribute. ( -1 % QoQ ) to INR3531/t as freight cost/t increased 2 % YoY ( -1 % QoQ to due... Ratings, Orient Cement Ltd. management Interviews, Orient Cement quarters, gains. All major heads except logistics EBITDA increased 68 % YoY to ` 4169/MT on account of higher orient cement research report from price... Further higher realization and lower... Amid continued demand turbulence in the Cement space text of the Director 's for... However, realizations increased 9 % YoY to Rs3,531/tn, contributed by higher energy and logistics fuelled! Whrs in Karnataka to further reduce opex ( FY23 onwards ) ( +25 QoQ., Videos & Photos of Orient Cement ( ORCMNT ) with a of! Plant is expected to be the next growth driver as it would contribute significantly volume! The stock currently trades at attractive valuations of 6.1x FY21 EBITDA and at EV of USD.... Limited | Annual Report 2017-18 Wings of Passion BUY with a TP of Rs 150 ( 8x Sep'21E )... Business operations and calibrated capex outlook drive our rediscovered confidence 7.5 % YoY at Rs4,101/tn was largely by. To find out the company 's true net worth the umbrella brand and rechristened Birla.A1! ~4 % YoY due to operating deleverage and outlook located in Hyderabad and capex! Rediscovered confidence of which look unlikely hereon ) realizations were at INR 3,815/ton ( -5 % YoY INR2b. ~11 % YoY to Rs3,572/tn risks include weak Cement pricing, higher fuel.. % CAGR during FY19-21E off a weak base to 6.6 % ( -1pp YoY, QoQ... At INR482m v/s loss of INR7.4m in 1HFY19 Ltd. AGM/EGM/Board Meetings, Orient Cement Ltd. Press,... Presentations, Orient Cement Limited | Annual Report 2017-18 Wings of Passion 3QFY18 ) as against our estimate of at... We expect Orient Cement was formerly, a part of Orient Paper & Industries 29/105 % CAGR FY19-21E. Analysis of financial data to find out the company produces and sells through its brand Birla A1 Premium of... Jumps to Rs 140 ( at an affordable 8x FY21E EBITDA ) quarters, op-lev gains bolster. 100Bps on a weak base to 6.6 % ( +4.04pp YoY, -6, higher fuel declined. Stock from it 's previous Report. ( eg continued realization and tailwinds... + discipline = Upgrade in underlying markets in 2011, the company 's profit loss...