Bheema Cements Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 23, 2024, 9:38 pm

Market Cap	71.7 Cr.
Current Price	22.0
High / Low	35.3/20.3
Stock P/E
Book Value	13.2
Dividend Yield	0.00 %
ROCE	11.8 %
ROE	56.4 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bheema Cements Ltd

Competitors of Bheema Cements Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Bheema Cements Ltd	71.7 Cr.	22.0	35.3/20.3		13.2	0.00 %	11.8 %	56.4 %	10.0
UltraTech Cement Ltd	3,30,716 Cr.	11,461	12,145/9,250	50.3	2,126	0.61 %	15.1 %	12.2 %	10.0
The Ramco Cements Ltd	23,089 Cr.	977	1,060/700	83.7	302	0.26 %	8.17 %	5.63 %	1.00
The India Cements Ltd	11,589 Cr.	374	386/173		170	0.00 %	0.78 %	4.81 %	10.0
Star Cement Ltd	9,301 Cr.	230	256/170	47.0	67.9	0.00 %	16.5 %	11.5 %	1.00
Industry Average	33,525.89 Cr	1,871.10		36.99	530.04	0.60%	11.09%	16.06%	7.13

All Competitor Stocks of Bheema Cements Ltd

Quarterly Result

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	1.68	0.25	0.77	0.55	2.29	0.17	10.22	0.90	4.08	0.32	0.26	0.26	1.27
Operating Profit	-1.68	-0.25	-0.77	-0.55	-2.29	-0.17	-10.22	-0.90	-4.08	-0.32	-0.26	-0.26	-1.27
OPM %
Other Income	0.15	0.15	0.15	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.04
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	5.26	0.00	10.52	5.26	12.61	7.10	7.12	7.12	7.14	7.12	7.12	7.12	7.12
Profit before tax	-6.79	-0.10	-11.14	-5.81	-14.90	-7.27	-17.34	-8.02	-11.20	-7.44	-7.38	-7.38	-8.35
Tax %	0.00%	0.00%	0.00%	0.00%	33.96%	0.00%	9.23%	9.98%	7.05%	0.00%	21.68%	0.00%	19.16%
Net Profit	-6.78	-0.10	-11.13	-5.80	-19.96	-7.27	-18.93	-8.82	-12.00	-7.43	-8.98	-7.38	-9.94
EPS in Rs	-2.08	-0.03	-3.41	-1.78	-6.12	-2.23	-5.80	-2.70	-3.68	-2.28	-2.75	-2.26	-3.05

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:52 pm

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
Sales	146	127	-0	-0	0	0	0	0	0	0	0	0
Expenses	137	143	24	5	8	19	5	11	3	4	15	2
Operating Profit	9	-15	-24	-6	-8	-19	-5	-11	-3	-4	-15	-2
OPM %	6%	-12%
Other Income	4	2	7	6	-1	0	0	0	1	0	0	0
Interest	12	19	1	2	2	1	1	0	1	0	0	0
Depreciation	4	10	0	0	12	14	14	0	21	28	28	28
Profit before tax	-4	-42	-19	-1	-23	-34	-19	-11	-24	-32	-44	-31
Tax %	421%	-2%	10%	0%	0%	0%	0%	0%	0%	16%	7%	10%
Net Profit	-19	-42	-21	-1	-23	-34	-19	-11	-24	-37	-47	-34
EPS in Rs	-6.83	-14.72	-7.35	-0.53	-8.05	-12.00	-6.83	-3.80	-7.38	-11.33	-14.42	-10.35
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-121.05%	50.00%	95.24%	-2200.00%	-47.83%	44.12%	42.11%	-118.18%	-54.17%	-27.03%	27.66%
Change in YoY Net Profit Growth (%)	0.00%	171.05%	45.24%	-2295.24%	2152.17%	91.94%	-2.01%	-160.29%	64.02%	27.14%	54.69%

Bheema Cements Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	2%
5 Years:	-24%
3 Years:	-16%
TTM:	28%

Stock Price CAGR
10 Years:	7%
5 Years:	%
3 Years:	%
1 Year:	-8%

Return on Equity
10 Years:	%
5 Years:	-30%
3 Years:	-39%
Last Year:	-56%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:41 pm

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
Equity Capital	28	28	28	28	28	28	28	0.00	33	33	33	33
Reserves	128	32	32	30	-53	-95	-121	175	128	91	44	10
Borrowings	258	261	233	235	235	235	235	179	174	178	199	199
Other Liabilities	157	161	180	179	197	206	212	3	2	7	18	23
Total Liabilities	570	482	473	472	407	375	354	357	337	309	294	265
Fixed Assets	461	446	445	445	380	358	337	337	316	288	260	232
CWIP	0	0	0	0	0	0	0	0	0	2	8	8
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	109	36	28	27	27	16	17	20	21	19	26	25
Total Assets	570	482	473	472	407	375	354	357	337	309	294	265

Reserves and Borrowings Chart

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 +	21	123	0	5	0	-6	-4	-9	-9	-10	1	-0
Cash from Investing Activity +	-58	-2	0	0	1	0	-0	0	0	0	-1	0
Cash from Financing Activity +	37	-122	-1	-5	-1	6	4	20	9	0	0	0
Net Cash Flow	-0	-1	-1	0	-0	-0	0	11	-0	-10	-0	-0

Free 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
Free Cash Flow	-249.00	-276.00	-257.00	-241.00	-243.00	-254.00	-240.00	-190.00	-177.00	-182.00	-214.00	-201.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

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
Debtor Days	116	43	-11,902	-16,103
Inventory Days	814	54	-6,856	-9,232
Days Payable	603	605
Cash Conversion Cycle	328	-508	-18,758	-25,335
Working Capital Days	105	-303	-208,193	-294,834
ROCE %	2%	-6%	-6%	0%	-8%	-17%	-12%	-4%	-7%	-10%	-15%	-12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	92.00%	92.00%	92.00%	90.00%	90.00%	75.00%	75.00%	70.81%	58.04%	46.52%	46.52%	46.52%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	1.78%	1.78%	2.76%	2.76%	2.76%	2.76%	2.76%
DIIs	8.00%	8.00%	8.00%	8.00%	8.00%	0.53%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	0.00%	0.00%	0.00%	2.00%	2.00%	22.69%	22.69%	26.43%	39.20%	50.72%	50.72%	50.72%
No. of Shareholders	6	6	6	37	85	850	1,326	1,728	2,839	4,218	4,928	5,293

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

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.)	-10.35	-14.42	-11.33	-7.38	-538.11
Diluted EPS (Rs.)	-10.35	-14.42	-11.33	-7.38	-538.11
Cash EPS (Rs.)	-1.61	-5.69	-2.63	-0.92	-5.38
Book Value[Excl.RevalReserv]/Share (Rs.)	13.18	23.51	37.93	49.26	87.36
Book Value[Incl.RevalReserv]/Share (Rs.)	13.18	23.51	37.93	49.26	87.36
PBDIT / Share (Rs.)	-0.63	-4.71	-1.08	-0.63	-5.38
PBIT / Share (Rs.)	-9.37	-13.44	-9.78	-7.08	-5.38
PBT / Share (Rs.)	-9.37	-13.44	-9.78	-7.38	-5.38
Net Profit / Share (Rs.)	-10.35	-14.42	-11.33	-7.38	-5.38
Return on Networth / Equity (%)	-78.47	-61.32	-29.88	-14.97	-6.16
Return on Capital Employeed (%)	-49.37	-47.45	-24.77	-14.38	-6.16
Return On Assets (%)	-12.72	-15.99	-11.97	-7.14	-3.01
Total Debt / Equity (X)	4.64	2.60	1.44	1.08	1.03
Current Ratio (X)	0.06	0.06	0.05	0.11	0.10
Quick Ratio (X)	0.06	0.06	0.05	0.11	0.10
Interest Coverage Ratio (X)	0.00	0.00	0.00	-2.15	0.00
Interest Coverage Ratio (Post Tax) (X)	0.00	0.00	0.00	-24.00	0.00
Enterprise Value (Cr.)	273.51	459.16	252.59	0.00	0.00
EV / EBITDA (X)	-131.96	-29.90	-72.00	0.00	0.00
Price / BV (X)	1.75	3.41	0.61	0.00	0.00
EarningsYield	-0.44	-0.18	-0.48	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bheema Cements Ltd as of December 26, 2024 is: 113.91

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.

As of December 26, 2024, Bheema Cements Ltd is Undervalued by 417.77% compared to the current share price 22.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Bheema Cements Ltd as of December 26, 2024 is: 76.03

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 26, 2024, Bheema Cements Ltd is Undervalued by 245.59% compared to the current share price 22.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -33.26%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -58.33, which is a positive sign. The stock has a low average Cash Conversion Cycle of -18.58, which is a positive sign.	The stock has a low average ROCE of -7.92%, which may not be favorable. The company has higher borrowings (218.42) compared to reserves (33.42), which may suggest financial risk. The company has not shown consistent growth in sales (22.75) and profit (-23.67).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bheema Cements Ltd:
1. Net Profit Margin: 0%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -49.37% (Industry Average ROCE: 11.09%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -78.47% (Industry Average ROE: 16.06%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.06
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 36.99)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 4.64
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Bheema Cements Ltd. is a Public Limited Listed company incorporated on 21/06/1978 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L26942TG1978PLC002315 and registration number is 002315. Currently company belongs to the Industry of Cement. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 32.61 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Cement	6-3-652/C/A, Flat 5A, Hyderabad Telangana 500082	adminbse@bheemacements.in http://www.bheemacements.net

Management
Name	Position Held
Mr. Kandula Prasanna Sai Raghuveer	Chairman & Managing Director
Mr. Kuchampudi Srinivasa Upendrasaketh Varma	Whole Time Director
Mr. Tadimella Rajakishore	Director
Ms. Bhavani Lakshmi Kilaru	Woman Director
Mr. Ruthwesh Argula	Independent Director
Mr. Pawan Jain	Independent Director
Mr. Shailesh Shivappa Biradar	Independent Director
Mr. Anantha Ramaiah Srinivasula	Independent Director

FAQ

What is the latest intrinsic value of Bheema Cements Ltd?

The latest intrinsic value of Bheema Cements Ltd as on 26 December 2024 is ₹113.91, which is 417.77% higher than the current market price of ₹22.00. The stock has a market capitalization of 71.7 Cr. and recorded a high/low of 35.3/20.3 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹10 Cr and total liabilities of ₹265 Cr.

What is the Market Cap of Bheema Cements Ltd?

The Market Cap of Bheema Cements Ltd is 71.7 Cr..

What is the current Stock Price of Bheema Cements Ltd as on 26 December 2024?

The current stock price of Bheema Cements Ltd as on 26 December 2024 is 22.0.

What is the High / Low of Bheema Cements Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Bheema Cements Ltd stocks is 35.3/20.3.

What is the Stock P/E of Bheema Cements Ltd?

The Stock P/E of Bheema Cements Ltd is .

What is the Book Value of Bheema Cements Ltd?

The Book Value of Bheema Cements Ltd is 13.2.

What is the Dividend Yield of Bheema Cements Ltd?

The Dividend Yield of Bheema Cements Ltd is 0.00 %.

What is the ROCE of Bheema Cements Ltd?

The ROCE of Bheema Cements Ltd is 11.8 %.

What is the ROE of Bheema Cements Ltd?

The ROE of Bheema Cements Ltd is 56.4 %.

What is the Face Value of Bheema Cements Ltd?

The Face Value of Bheema Cements Ltd is 10.0.