Fundamental Analysis of Barak Valley Cements Ltd

About the Company - Barak Valley Cements Ltd

Barak Valley Cements Ltd. is a Public Limited Listed company incorporated on 28/04/1999 and has its registered office in the State of Assam, India. Company’s Corporate Identification Number(CIN) is L01403AS1999PLC005741 and registration number is 005741. Currently Company is involved in the business activities of Manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs. 172.73 Cr. and Equity Capital is Rs. 22.16 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Cement	Debendra Nagar, Jhoom Basti, Karimganj Assam 788803	cs@barakcement.com http://www.barakcement.com

Management
Name	Position Held
Mr. Kamakhya Chamaria	Vice Chairman & Mng.Director
Mr. Mahendra Kumar Agarwal	Vice Chairman & Non Exe.Dire
Mr. Gaurav Tulshyan	Non Executive Director
Mr. Santosh Kumar Bajaj	Non Executive Director
Mr. Puran Chand	Independent Director
Mrs. Renu Kejriwal	Independent Director
Mr. Shyam Agarwal	Independent Director
Mr. Vishal More	Additional Director

Basic Stock Data of Barak Valley Cements Ltd

Last Updated: July 26, 2024, 10:57 pm

Market Cap	159 Cr.
Current Price	72.0
High / Low	77.3/32.8
Stock P/E	21.9
Book Value	54.3
Dividend Yield	0.00 %
ROCE	11.8 %
ROE	6.21 %
Face Value	10.0
PEG Ratio	2.82

Data Source: screener.in

Competitors of Barak Valley Cements Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Bheema Cements Ltd	88.6 Cr.	27.2	37.7/21.0		13.2	0.00 %	11.8 %	56.4 %	10.0
UltraTech Cement Ltd	3,36,780 Cr.	11,673	12,078/7,941	47.9	2,086	0.60 %	15.1 %	12.2 %	10.0
The Ramco Cements Ltd	19,584 Cr.	828	1,058/700	55.7	302	0.30 %	8.17 %	5.63 %	1.00
The India Cements Ltd	11,595 Cr.	374	377/173		180	0.00 %	0.73 %	4.72 %	10.0
Star Cement Ltd	8,479 Cr.	210	256/141	28.7	67.0	0.00 %	16.4 %	11.5 %	1.00
Industry Average	31,776.08 Cr	2,006.01		31.51	492.58	0.52%	12.86%	17.32%	7.41

Barak Valley Cements Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	39.36	53.33	44.90	39.74	36.88	54.18	38.97	37.75	45.17	60.68	55.57	50.76	59.09
Expenses	30.52	49.39	40.02	33.92	34.43	47.98	33.03	32.95	39.19	54.21	49.05	43.87	52.80
Operating Profit	8.84	3.94	4.88	5.82	2.45	6.20	5.94	4.80	5.98	6.47	6.52	6.89	6.29
OPM %	22.46%	7.39%	10.87%	14.65%	6.64%	11.44%	15.24%	12.72%	13.24%	10.66%	11.73%	13.57%	10.64%
Other Income	0.17	0.57	0.49	0.33	-12.12	6.22	0.10	0.28	0.22	0.93	0.93	0.18	0.15
Interest	3.83	3.35	2.70	3.10	1.45	2.58	2.41	2.00	2.58	2.38	1.85	2.10	1.63
Depreciation	1.54	1.41	1.34	1.24	0.96	2.09	1.85	1.85	1.85	1.85	1.66	1.65	1.81
Profit before tax	3.64	-0.25	1.33	1.81	-12.08	7.75	1.78	1.23	1.77	3.17	3.94	3.32	3.00
Tax %	10.99%	-456.00%	12.78%	12.15%	-2.65%	34.06%	20.79%	18.70%	14.12%	59.62%	17.01%	16.87%	20.00%
Net Profit	3.23	-1.39	1.16	1.60	-12.39	5.11	1.41	1.00	1.51	1.28	3.26	2.76	2.40
EPS in Rs	1.46	-0.63	0.52	0.72	-5.59	2.31	0.64	0.45	0.68	0.58	1.47	1.25	1.08

Last Updated: July 11, 2024, 1:25 pm

Barak Valley Cements Ltd Quarterly Chart

Barak Valley Cements Ltd Profit & Loss

Last Updated: July 10, 2024, 3:31 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	122	131	124	157	128	130	157	148	162	147	176	183	212
Expenses	113	115	112	140	121	119	139	134	145	127	156	159	186
Operating Profit	9	16	12	18	6	11	18	15	17	20	19	23	26
OPM %	7%	12%	10%	11%	5%	9%	12%	10%	11%	13%	11%	13%	12%
Other Income	0	-0	-0	-1	0	1	1	4	6	1	-5	2	2
Interest	11	12	12	11	10	9	13	11	11	11	10	9	9
Depreciation	8	8	8	6	5	4	7	7	6	6	6	7	7
Profit before tax	-10	-5	-8	-1	-9	-2	-2	1	6	4	-1	8	12
Tax %	-2%	3%	2%	-5%	-1%	-48%	-21%	66%	3%	40%	-286%	34%
Net Profit	-11	-4	-8	-1	-9	-3	-2	0	6	2	-5	5	9
EPS in Rs	-4.81	-2.02	-3.45	-0.45	-3.91	-1.23	-1.03	0.15	2.74	1.06	-2.04	2.36	3.98
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Barak Valley Cements Ltd Profit & Loss Yearly Chart

Barak Valley Cements Ltd Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	10%
3 Years:	17%
TTM:	28%

Compounded Profit Growth
10 Years:	12%
5 Years:	84%
3 Years:	46%
TTM:	39%

Stock Price CAGR
10 Years:	18%
5 Years:	36%
3 Years:	42%
1 Year:	90%

Return on Equity
10 Years:	1%
5 Years:	4%
3 Years:	6%
Last Year:	6%

Last Updated: July 25, 2024, 6:57 am

Barak Valley Cements Ltd Balance Sheet

Last Updated: July 10, 2024, 3:31 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	22	22	22	22	22	22	22	22	22	22	22	22	22
Reserves	76	71	63	61	52	89	87	87	93	95	86	91	97
Borrowings	107	107	105	90	86	101	105	103	105	115	78	61	58
Other Liabilities	21	25	35	49	52	64	55	59	57	59	44	59	56
Total Liabilities	225	225	225	222	212	276	269	272	278	291	230	233	234
Fixed Assets	125	129	128	125	125	196	192	190	189	186	147	140	137
CWIP	2	0	0	1	0	1	3	5	15	23	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	97	96	97	97	87	79	74	77	74	81	83	93	96
Total Assets	225	225	225	222	212	276	269	272	278	291	230	233	234

Barak Valley Cements Ltd Reserves and Borrowings Chart

Barak Valley Cements Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	2	20	34	16	26	13	21	8	8	-6	24	16
Cash from Investing Activity	-10	-7	-5	-5	-34	-5	-7	-16	-11	53	1	-5
Cash from Financing Activity	5	-11	-29	-13	11	-13	-11	5	4	-46	-26	-10
Net Cash Flow	-3	2	-0	-1	4	-5	3	-3	0	1	-2	1

Barak Valley Cements Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	38	37	49	46	48	34	37	32	30	38	26	27
Inventory Days	161	178	124	161	349	154	145	287	183	209	157	434
Days Payable	105	114	208	235	508	519	315	395	281	195	91	231
Cash Conversion Cycle	94	102	-36	-28	-111	-331	-133	-76	-68	53	92	230
Working Capital Days	177	140	126	59	45	-29	-11	-13	1	45	71	69
ROCE %	0%	4%	2%	7%	1%	4%	5%	6%	6%	6%	8%	10%

Barak Valley Cements Ltd Financial Efficiency Indicators Chart

Barak Valley Cements Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	56.38%	56.38%	56.38%	56.35%	56.26%	55.94%	55.86%	55.77%	55.77%	55.32%	55.32%	55.32%
Government	0.00%	0.00%	0.00%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	43.62%	43.62%	43.62%	43.63%	43.73%	44.05%	44.14%	44.23%	44.22%	44.68%	44.67%	44.68%
No. of Shareholders	6,473	6,757	6,757	6,926	7,051	6,911	6,949	7,467	7,472	8,494	9,057	9,408

Barak Valley Cements Ltd Shareholding Pattern Chart

No. of Barak Valley Cements Ltd Shareholders

This stock is not held by any mutual fund

Barak Valley Cements Ltd ROCE Trend

Barak Valley Cements Ltd EPS Trend

Barak Valley Cements Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	3.27	2.36	-2.04	1.06	2.74
Diluted EPS (Rs.)	3.27	2.36	-2.04	1.06	2.74
Cash EPS (Rs.)	6.65	5.70	0.49	3.79	5.63
Book Value[Excl.RevalReserv]/Share (Rs.)	54.30	51.03	48.72	52.88	52.05
Book Value[Incl.RevalReserv]/Share (Rs.)	54.30	51.03	48.72	52.88	52.05
Revenue From Operations / Share (Rs.)	105.60	82.39	79.29	66.29	73.11
PBDIT / Share (Rs.)	12.53	11.16	9.87	9.37	8.34
PBIT / Share (Rs.)	9.15	7.81	7.33	6.64	5.44
PBT / Share (Rs.)	5.71	3.59	-0.52	1.76	2.83
Net Profit / Share (Rs.)	3.27	2.36	-2.04	1.06	2.74
NP After MI And SOA / Share (Rs.)	3.27	2.36	-2.04	1.06	2.74
PBDIT Margin (%)	11.86	13.54	12.44	14.14	11.40
PBIT Margin (%)	8.66	9.48	9.24	10.02	7.44
PBT Margin (%)	5.40	4.35	-0.66	2.65	3.87
Net Profit Margin (%)	3.10	2.85	-2.57	1.60	3.75
NP After MI And SOA Margin (%)	3.10	2.85	-2.57	1.60	3.75
Return on Networth / Equity (%)	6.02	4.61	-4.18	2.00	5.26
Return on Capital Employeed (%)	12.84	11.43	9.97	7.09	6.31
Return On Assets (%)	3.09	2.23	-1.96	0.80	2.18
Long Term Debt / Equity (X)	0.14	0.24	0.41	0.65	0.59
Total Debt / Equity (X)	0.40	0.54	0.72	0.91	0.86
Asset Turnover Ratio (%)	1.00	0.78	0.70	0.52	0.63
Current Ratio (X)	1.19	1.02	1.06	0.79	0.67
Quick Ratio (X)	0.71	0.53	0.69	0.55	0.49
Inventory Turnover Ratio (X)	1.59	1.19	3.19	2.72	2.78
Interest Coverage Ratio (X)	3.64	2.64	2.23	1.92	1.73
Interest Coverage Ratio (Post Tax) (X)	1.95	1.56	1.31	1.22	1.11
Enterprise Value (Cr.)	168.20	115.13	124.82	144.60	118.89
EV / Net Operating Revenue (X)	0.71	0.63	0.71	0.98	0.73
EV / EBITDA (X)	6.06	4.66	5.71	6.96	6.44
MarketCap / Net Operating Revenue (X)	0.52	0.30	0.28	0.27	0.13
Price / BV (X)	1.02	0.48	0.46	0.33	0.19
Price / Net Operating Revenue (X)	0.52	0.30	0.28	0.27	0.13
EarningsYield	0.05	0.09	-0.08	0.05	0.27

Barak Valley Cements Ltd Profitability Ratios (%)

Barak Valley Cements Ltd Liquidity Ratios

Barak Valley Cements Ltd Liquidity Ratios (%)

Barak Valley Cements Ltd Interest Coverage Ratios (%)

Barak Valley Cements Ltd Valuation Ratios

Fair Value

Fair Value: 75.32

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 4.62% compared to the current price 72

Intrinsic Value: 81.16

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 12.73% compared to the current price 72

Last 5 Year EPS CAGR: 7.75%

*Investments are subject to market risks

Strength and Weakness of Barak Valley Cements Ltd Stock

Strength	Weakness
The stock has a low average Cash Conversion Cycle of -17.67, which is a positive sign.	The stock has a low average ROCE of 4.92%, which may not be favorable. The stock has a high average Working Capital Days of 56.67, which may not be favorable. The company has higher borrowings (92.08) compared to reserves (81.08), which may suggest financial risk. The company has not shown consistent growth in sales (152.08) and profit (-0.54).

FAQ

What is the latest fair value of Barak Valley Cements Ltd?

The latest fair value of Barak Valley Cements Ltd is ₹75.32.

What is the Market Cap of Barak Valley Cements Ltd?

The Market Cap of Barak Valley Cements Ltd is 159 Cr..

What is the current Stock Price of Barak Valley Cements Ltd as on 27 July 2024?

The current stock price of Barak Valley Cements Ltd as on 27 July 2024 is 72.0.

What is the High / Low of Barak Valley Cements Ltd stocks in FY 2024?

In FY 2024, the High / Low of Barak Valley Cements Ltd stocks is 77.3/32.8.

What is the Stock P/E of Barak Valley Cements Ltd?

The Stock P/E of Barak Valley Cements Ltd is 21.9.

What is the Book Value of Barak Valley Cements Ltd?

The Book Value of Barak Valley Cements Ltd is 54.3.

What is the Dividend Yield of Barak Valley Cements Ltd?

The Dividend Yield of Barak Valley Cements Ltd is 0.00 %.

What is the ROCE of Barak Valley Cements Ltd?

The ROCE of Barak Valley Cements Ltd is 11.8 %.

What is the ROE of Barak Valley Cements Ltd?

The ROE of Barak Valley Cements Ltd is 6.21 %.

What is the Face Value of Barak Valley Cements Ltd?

The Face Value of Barak Valley Cements Ltd is 10.0.