Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Deccan Cements Ltd

About the Company - Deccan Cements Ltd

Deccan Cements Ltd. is a Public Limited Listed company incorporated on 31/07/1979 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L26942TG1979PLC002500 and registration number is 002500. Currently Company is involved in the business activities of Manufacture of clinkers and cement. Company’s Total Operating Revenue is Rs. 791.84 Cr. and Equity Capital is Rs. 7.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
CementDeccan Chambers, Hyderabad Telangana 500082secretarial@deccancements.com
http://www.deccancements.com
Management
NamePosition Held
Ms. P ParvathiChairperson & Managing Director
Mr. S VenkateswarluDirector - Works
Mrs. Mahpara AliDirector
Mr. R GopalakrishnanDirector
Mr. Umesh ShrivastavaDirector
Dr. S A DaveDirector
Mr. J NarayanamurtyDirector
Mr. K P SinghDirector

Basic Stock Data of Deccan Cements Ltd

Last Updated: July 20, 2024, 11:12 pm

Market Cap 896 Cr.
Current Price 640
High / Low735/470
Stock P/E18.4
Book Value 513
Dividend Yield0.59 %
ROCE7.50 %
ROE6.92 %
Face Value 5.00
PEG Ratio-2.92

Data Source: screener.in

Competitors of Deccan Cements Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Birla Corporation Ltd 11,572 Cr. 1,5031,802/1,06127.7 8670.67 %9.01 %6.59 % 10.0
Panyam Cements & Mineral Industries Ltd 187 Cr. 233263/11.3 2110.00 %22.6 %% 10.0
Prism Johnson Ltd 7,857 Cr. 156199/120 27.60.00 %3.45 %3.44 % 10.0
J K Cements Ltd 33,106 Cr. 4,2854,600/3,00038.6 6950.35 %15.8 %15.9 % 10.0
Rain Industries Ltd 5,388 Cr. 160220/130 2180.62 %1.90 %10.2 % 2.00
Industry Average28,672.70 Cr1,946.6616.79475.590.51%13.02%16.02%7.59

Deccan Cements Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales208214224191191186194180211196192167217
Expenses159177169152147162159164186175167154188
Operating Profit49375539432435172521251429
OPM %24%17%25%20%23%13%18%9%12%10%13%8%13%
Other Income23323-153223344
Interest1322333334234
Depreciation6667667777777
Profit before tax4431493137-0289171319822
Tax %25%28%26%25%26%350%25%27%26%26%26%38%30%
Net Profit33223723270217121014515
EPS in Rs23.6215.7626.2916.6619.430.1414.764.698.687.0710.093.3810.99

Last Updated: July 11, 2024, 8:23 am

Deccan Cements Ltd Quarterly Chart

Deccan Cements Ltd Profit & Loss

Last Updated: July 10, 2024, 4:28 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales510573441407625496570651555758792782766
Expenses394509383343511396484556477582630684682
Operating Profit1156557641151008695791761629784
OPM %23%11%13%16%18%20%15%15%14%23%20%12%11%
Other Income332312310-010-8912
Interest413127271576878101312
Depreciation25252419202223222123262727
Profit before tax541272181746175511551176757
Tax %11%41%33%6%43%36%37%39%-12%26%25%26%
Net Profit4875204647394657115884941
EPS in Rs34.115.223.5914.2032.5433.4827.5232.8840.4482.1962.5235.2029.22
Dividend Payout %4%19%17%9%8%9%11%11%10%6%8%11%

Deccan Cements Ltd Profit & Loss Yearly Chart

Deccan Cements Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:4%
3 Years:2%
TTM:2%
Compounded Profit Growth
10 Years:26%
5 Years:1%
3 Years:-25%
TTM:-2%
Stock Price CAGR
10 Years:17%
5 Years:12%
3 Years:-3%
1 Year:34%
Return on Equity
10 Years:13%
5 Years:13%
3 Years:10%
Last Year:7%

Last Updated: July 17, 2024, 5:49 pm

Deccan Cements Ltd Balance Sheet

Last Updated: July 10, 2024, 4:28 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital7777777777777
Reserves212218223238279325358399443558639680694
Borrowings25923823919179703354106104166265454
Other Liabilities135113119114127132161161155193173202202
Total Liabilities6135765885504935355606217108619851,1551,358
Fixed Assets405396373356342377363354378446453440429
CWIP3535353334049621221241385
Investments0000000000000
Other Assets173145180161116157192258271404511474544
Total Assets6135765885504935355606217108619851,1551,358

Deccan Cements Ltd Reserves and Borrowings Chart

Deccan Cements Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 43666714061715843197845557
Cash from Investing Activity -14-0-2-7-27-12-14-90-45-92-219-277
Cash from Financing Activity -46-63-82-125-15-361032-94580238
Net Cash Flow-172-179192355-1514338-8518

Deccan Cements Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days962227589931121113
Inventory Days446654935712397464364374493341349601
Days Payable416310164152150251627169218132291
Cash Conversion Cycle40350793587251446357356355135227323
Working Capital Days122454531730262515-9518
ROCE %20%9%7%11%24%21%17%19%13%27%20%9%

Deccan Cements Ltd Financial Efficiency Indicators Chart

Deccan Cements Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters56.24%56.24%56.24%56.24%56.24%56.25%56.24%56.24%56.24%56.24%56.24%56.24%
FIIs3.60%6.26%7.63%7.72%8.14%8.50%8.97%9.28%9.40%9.24%10.07%10.82%
DIIs0.07%0.40%0.40%0.40%0.44%0.49%0.49%0.49%0.49%0.49%0.49%0.65%
Public40.09%37.09%35.73%35.63%35.18%34.77%34.30%33.99%33.87%34.01%33.19%32.28%
No. of Shareholders17,16121,33520,46319,37318,74018,41717,60517,04616,44915,80714,87614,118

Deccan Cements Ltd Shareholding Pattern Chart

No. of Deccan Cements Ltd Shareholders

This stock is not held by any mutual fund

Deccan Cements Ltd ROCE Trend

Deccan Cements Ltd EPS Trend

Deccan Cements Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)26.6035.1962.5282.1940.44
Diluted EPS (Rs.)26.6035.1962.5282.1940.44
Cash EPS (Rs.)46.3354.7581.0198.7355.37
Book Value[Excl.RevalReserv]/Share (Rs.)513.27490.77460.86403.34321.18
Book Value[Incl.RevalReserv]/Share (Rs.)513.27490.77460.86403.34321.18
Dividend / Share (Rs.)3.003.755.005.004.00
Revenue From Operations / Share (Rs.)570.71557.94565.30541.10396.45
PBDIT / Share (Rs.)78.3976.01122.80132.7562.72
PBIT / Share (Rs.)58.6656.46104.31116.2147.79
PBT / Share (Rs.)38.1747.5583.72110.9136.08
Net Profit / Share (Rs.)26.6035.1962.5282.1940.44
PBDIT Margin (%)13.7313.6221.7224.5315.81
PBIT Margin (%)10.2710.1118.4521.4712.05
PBT Margin (%)6.688.5214.8120.499.10
Net Profit Margin (%)4.666.3011.0515.1810.19
Return on Networth / Equity (%)5.187.1713.5620.3712.59
Return on Capital Employeed (%)7.058.7419.4924.1811.71
Return On Assets (%)2.574.268.8913.367.97
Long Term Debt / Equity (X)0.530.230.070.090.14
Total Debt / Equity (X)0.720.380.250.150.19
Asset Turnover Ratio (%)0.610.730.850.960.83
Current Ratio (X)1.461.581.802.001.85
Quick Ratio (X)1.111.121.461.641.37
Inventory Turnover Ratio (X)0.840.891.061.000.82
Dividend Payout Ratio (NP) (%)0.0014.207.990.0023.10
Dividend Payout Ratio (CP) (%)0.009.136.170.0016.87
Earning Retention Ratio (%)0.0085.8092.010.0076.90
Cash Earning Retention Ratio (%)0.0090.8793.830.0083.13
Interest Coverage Ratio (X)8.878.5416.8625.0412.96
Interest Coverage Ratio (Post Tax) (X)5.334.9511.4116.5010.78
Enterprise Value (Cr.)1115.85631.47644.05404.84233.63
EV / Net Operating Revenue (X)1.400.800.810.530.42
EV / EBITDA (X)10.165.933.742.182.66
MarketCap / Net Operating Revenue (X)1.030.740.970.760.47
Retention Ratios (%)0.0085.7992.000.0076.89
Price / BV (X)1.150.841.201.030.58
Price / Net Operating Revenue (X)1.030.740.970.760.47
EarningsYield0.040.080.110.190.21

Deccan Cements Ltd Profitability Ratios (%)

Deccan Cements Ltd Liquidity Ratios

Deccan Cements Ltd Liquidity Ratios (%)

Deccan Cements Ltd Interest Coverage Ratios (%)

Deccan Cements Ltd Valuation Ratios

Fair Value

Fair Value: 657.05

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: 2.66% compared to the current price 640

Intrinsic Value: 615.70

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.

Overvalued: 3.80% compared to the current price 640

Last 5 Year EPS CAGR: -6.29%

*Investments are subject to market risks

Strength and Weakness of Deccan Cements Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.42%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 22.50, which is a positive sign.
  3. The company has higher reserves (422.67 cr) compared to borrowings (172.08 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (609.69 cr) and profit (64.00 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 351.67, which may not be favorable.

FAQ

What is the latest fair value of Deccan Cements Ltd?

The latest fair value of Deccan Cements Ltd is ₹657.05.

What is the Market Cap of Deccan Cements Ltd?

The Market Cap of Deccan Cements Ltd is 896 Cr..

What is the current Stock Price of Deccan Cements Ltd as on 21 July 2024?

The current stock price of Deccan Cements Ltd as on 21 July 2024 is 640.

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

In FY 2024, the High / Low of Deccan Cements Ltd stocks is 735/470.

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

The Stock P/E of Deccan Cements Ltd is 18.4.

What is the Book Value of Deccan Cements Ltd?

The Book Value of Deccan Cements Ltd is 513.

What is the Dividend Yield of Deccan Cements Ltd?

The Dividend Yield of Deccan Cements Ltd is 0.59 %.

What is the ROCE of Deccan Cements Ltd?

The ROCE of Deccan Cements Ltd is 7.50 %.

What is the ROE of Deccan Cements Ltd?

The ROE of Deccan Cements Ltd is 6.92 %.

What is the Face Value of Deccan Cements Ltd?

The Face Value of Deccan Cements Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Deccan Cements Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE