Peer Name Market Cap. Cement sector is a very capital intensive sector and hence it is normal for companies to have debt on their balance sheet. No suggestions are being made to directly go and invest in the top scoring companies of this analysis. Try Now. ACC and Ambuja cement on the other hand, have no debt, and hence their RoCE > RoE. Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap, Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. Raghavendra. For very critical works or very high strength concrete like M 80, etc go for Ultratech For non critical structural works upto say M 45 - 50, go for Ambuja Even though both are supposed to be good. Best cement for house construction:-there are lot of reputed cement industry in the market with its best quality, but the best cement used for residential house construction are UltraTech Cement, ACC Cement, F2R, ACC gold,Ambuja Cement, Sagar cement, Dalmia Cement, Shri cement, Birla cement, etc. In 2006, global cement major Ho... Morelcim, acquired management control of the Company. These 5 companies are analysed on following parameters and ranked and scored accordingly. Here , Shree Cement leads the pack with $235 /tn and ACC ranks last with $83/tn. Which are the top 5 cement companies in India? It is also ... Moreamongst the least cost producers of cement in India and is almost self sufficient in meeting its power requirements. All content and information is provided on an 'As Is' basis by Equitymaster. Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore . Here, Shree Cement and Ambuja Cement lead the pack with highest profit and sales growth respectively. Learn about UltraTech Cement Competition, get detailed comparison of UltraTech Cement with major competitors in terms of market cap, sales, net profit and assets. CIN:U74999MH2007PTC175407. ACC - one of the largest player in the segment, gave 16 per cent loss to its shareholders. 6. In this blog, we will do a quantitative analysis of Indian cement sector. Sales on the other hand came in at Rs 30 bn (up 7.9% YoY). After ten days of consecutive bullish rally, Indian share markets reversed trend today, in line with global equities and fell on to bearish territory. The group started its cement business in 1983 and named the brand UltraTech Cement.This company is based in India’s financial capital Mumbai. Read on for a complete analysis of AMBUJA CEMENT's quarterly results. These cement brands offer & good deals. Institutional Investor’s shareholding in a company is also one of the important parameter while analyzing a company. Ultratech - gave over 7.5 per cent negative returns in 2018. Get Price Here, UltraTech cement has highest sales and PAT growth over 3 years and hence ranks first. Cash conversion cycle tells us the number of days a company usually takes to convert its investment in inventories and accounts receivables to turn into cash flows. Here, Shree Cement and Ambuja Cement lead the pack with highest profit and sales growth respectively. However if the capacity utilization ~100%, it is a red flag as company should add up capacities to serve the increased demand. Today, Holcim holds a little over 50% equity in ACL. ... Shree cement is good for plastering,tiling? Enter your email address to follow this blog, © 2020 All Rights Reserved. For the quarter ended June 2020, SHREE CEMENT has posted a net profit of Rs 4 bn (up 2.1% YoY). Apr 19, 2019The Company has made its first international foray with the setting up of a green-field dual process white cement-cum-grey cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets. Hence they rank first, where as since UltraTech has comparatively higher debt, its interest coverage ratio is lowest. Learn about Shree Cements Competition, get detailed comparison of Shree Cements with major competitors in terms of market cap, sales, net profit and assets. UltraTech Cement is part of the famous Aditya Birla Group and the largest cement exporter to many countries in India, with an annual capacity of more than 102.745 million tons.. It is 2,000 tpd higher than ACC’s Wadi II Plant in Karnataka. This parameter signifies the gross profit earned per tonne by the company. Shree Cement NSE 2.16 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings. Revenue grew by 1.5% to US$0.87bn from US$0.86bn. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. read more We will discuss this discrepancy in between RoE and RoCE in the next part. Top stocks where promoters are increasing their stake, Top 6 Natural Gas Distribution Companies in Indian Stock Market, 3 Questions to ask before buying a second home, Small Savings Schemes Latest Interest Rates (January-March 2021), Latest Post Office Schemes Interest Rates (January-March 2021). Ultratech Cement is the industry leader in the cement sector, generating revenues in excess of ₹ 35000 crore last financial year. Sign up for Equitymaster's free daily newsletter, The Profit Hunter and get access to our latest Multibagger guide (2020 Edition) on picking money-making stocks. RG Enterprises is a cement Dealer-Wholesaler in Noida Ghaziabad and near by places. Similarly, since Shree Cement has lowest inventory turnover ratio and highest debtor days, its cash conversion cycle is also longest and hence it is at last position. Multibagger Stocks, My Preferred Portfolio for 2021 and Beyond, This Crash Indicator has Bad News for 2021, Adani Green: A Future Multibagger or a Big, Speculative Bubble. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. For the quarter ended March 2020, AMBUJA CEMENT has posted a net profit of Rs 7 bn (up 7.0% YoY). Ambuja Cement, ACC, and Shree Cements fell in the range of 0.5-2 percent during the day. ACC has lowest EBITDA per tonne and hence has last rank. Ambuja Cements SWOT Analysis Ambuja Cements Strengths Below are the Strengths in the SWOT Analysis of Ambuja Cements: 1. This is mainly because the denominator in calculating RoE and RoCE for debt free company is same, but numerator is different (Net Profit in case of RoE and EBIT in case of RoCE). Ambuja Cement has lowest PE and hence has first rank, followed by UltraTech Cement and others. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Here, Shree cement has highest EBITDA per tonne which is evident as it has highest margins. Copyright © Equitymaster Agora Research Private Limited. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. BLDG. Similarly, if a company has higher RoE, it has higher rank and has scored higher points. Here, Ramco cement has highest debt to equity ratio and hence comes at last position. Sales on the other hand came in at Rs 62 bn (up 1.5% YoY). Shree Cement is the fourth biggest in terms of revenues, behind Ambuja Cement and ACC – but Shree Cement is India’s second most-valued cement company in terms of market capitalisation.. Shree Cement, promoted by the Calcutta-based Bangur group, is North India's largest cement producer with an installed capacity of 13.5 MTPA as of FY11. Here, Shree cement has highest operating profit margin and hence it has first rank followed by UltraTech cement and others. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. India is second largest producer of cement after China with an installed capacity of ~509 MTPA. 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