Best Cement stock to invest in? Orient cement analysis

Orient Cement Ltd. primarily manufactures and sells cement, and as of right now, its production facilities are situated in Devapur, Telangana, Chittapur, Karnataka, and Jalgaon, Maharashtra. The business manufactures Pozzolana Portland Cement (PPC) and Regular Portland Cement, two different types of cement. Both Birla A1 Premium Cement and Birla A1 StrongCrete are sold under the Birla A1 brand.

The company looks at a great level price to buy. The CMP of this stock is Rs 133.85. We recommend a target of at least Rs 150 within the next 1 month.

Let’s have a look at the fundaments of the orient cement.

Profit & Loss

Figures in Rs. Crores

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	0	1,500	1,437	1,545	1,462	1,875	2,222	2,522	2,422	2,324	2,725	2,751
Expenses +	2	1,181	1,222	1,239	1,277	1,696	1,916	2,210	2,039	1,773	2,134	2,345
Operating Profit	-2	319	215	307	186	179	306	312	383	551	591	406
OPM %		21%	15%	20%	13%	10%	14%	12%	16%	24%	22%	15%
Other Income +	0	4	9	6	8	11	19	14	18	18	10	11
Interest	0	19	14	14	54	135	129	118	122	94	51	39
Depreciation	0	56	56	47	78	122	126	133	141	142	145	147
Profit before tax	-2	249	153	251	61	-66	70	75	137	334	404	230
Tax %	33%	35%	34%	22%	-2%	52%	37%	36%	37%	36%	35%
Net Profit	-1	162	101	195	62	-32	44	48	87	214	263	145
EPS in Rs	-21.40	7.89	4.93	9.51	3.04	-1.57	2.16	2.32	4.23	10.45	12.85	7.07
Dividend Payout %	0%	25%	30%	18%	33%	-32%	35%	32%	18%	19%	19%

Balance Sheet

Figures in Rs. CroresCORPORATE ACTIONS

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	0	20	20	20	20	20	20	20	20	20	20	20
Reserves	-1	736	808	955	1,020	967	1,002	1,033	1,098	1,285	1,505	1,497
Borrowings +	0	149	329	1,106	1,285	1,336	1,314	1,290	1,226	798	316	429
Other Liabilities +	2	353	404	484	571	560	601	584	555	708	809	793
Total Liabilities	1	1,258	1,561	2,566	2,896	2,883	2,937	2,927	2,900	2,812	2,650	2,740
Fixed Assets +	0	854	826	798	2,207	2,296	2,251	2,355	2,272	2,207	2,115	2,068
CWIP	0	40	328	1,319	239	98	158	48	67	41	40	61
Investments	0	0	0	0	0	0	0	0	0	115	14	4
Other Assets +	1	365	408	448	450	489	528	525	562	448	481	607
Total Assets	1	1,258	1,561	2,566	2,896	2,883	2,937	2,927	2,900	2,812	2,650	2,740

Shareholding Pattern

Numbers in percentages DEALS / TRADES

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022
Promoters +	37.37	37.37	37.37	37.37	37.37	37.37	37.37	37.37	37.37	37.37	37.90	37.90
FIIs +	7.69	7.49	3.11	3.00	1.48	2.09	4.43	5.97	6.64	6.54	5.83	6.43
DIIs +	28.81	28.15	26.84	26.39	25.14	24.08	20.64	15.92	15.41	14.83	13.32	11.30
Public +	26.13	27.00	32.68	33.25	36.02	36.46	37.56	40.74	40.59	41.26	42.95	44.38

The company looks amazing overall to invest in the long term ., You can start with a capital of 10,00 and slowly take it up to 50,000. If you wanna learn more about the stock market courses. Contact us.