As a result, there was a loss of INR137m (PAT) as against our estimate of INR105m loss (v/s INR177m loss in 3QFY18). Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . Close. Get the latest Orient cement ltd stock/share markets, Financial Summary with profit/loss, cash folw, balance sheet & the historic stock/share data for Nifty/Sensex today. Analyse Income statement, Cashflow statement and balance sheet of Orient Cement . The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in Karnataka and... 21 October 2019 ORCMNTs volumes fell 16% YoY to 1.24mt in 2QFY20. Half yearly. Weak Prices Limit Cost Pass-through, Impact Performance Orient Cement (ORCMNT) reported a weak operating performance in 2QFY19 as realisation declined and cost escalation continued, although the strong volume growth was maintained. For 2HFY20, sales/EBITDA/PAT growth is estimated at 4%/5%/27% YoY. Further higher realization and lower... Amid continued demand turbulence in the south, Orient exhibited opex reduction. Orient Cement Ltd. - Research Center. The new plant is expected to be the next growth driver as it would contribute significantly to volume growth. INR3,982) due to better-than-estimated prices in underlying markets. Orient Cement Analyst, Brokerage Reports, Latest Research Report on Orient Cement. Maintain BUY, ICICI Prudential Focused Equity Fund - Reg - G, Canara Robeco Bluechip Equity Fund - Reg - G, DHFL Pramerica Midcap Opportunities Fund - Reg - G, DHFL Pramerica Diversified Equity Fund - Reg - G, Franklin India Opportunities Fund - Reg - G. Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. Add … Incorporated in 2011, the company produces and sells through its brand Birla A1 Premium Cement of various grades. Home. Under the proposed scheme, each shareholder of OPIL will receive one share of Orient Electric Limited for every share held in OPIL. Orient Cement Ltd. - Research Center. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. Volume growth to 1.83mnmt (aboveour estimate of 1.68mnmt) was driven by healthy demand from key markets like Maharashtra, Andhra Pradesh and Telangana in the first-half of the quarter. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in... Company reported 36% QoQ increase in PAT to `348mn and PAT margins improved to 7.3% in Q2FY21 on the back of higher operating profit. Annual Reports, Orient Cement Ltd. ORCMNT will also do calibrated capex (all brown-field) to increase its capacity by 6 MT to 14mn MT by FY25E, across its existing locations. : TCS, SBIN, News by Trendlyne Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Piramal contests US-based Oaktree Capital's offer for bankrupt DHFL, European Union doubles COVID-19 vaccines order with Pfizer-BioNTech, Former HDFC Bank MD Aditya Puri joins biopharma company Strides as advisor, Reliance Capital's Total Outstanding Debt Increases To Rs 20,380 Crore, IndiGo to resume direct flights between Kolkata and Shillong from Feb 1, Markets close higher, M&M hits a 52-week high, After a late start, Cipla works to expand the global business, Auto sales point to recovery, banks and NBFCs adapt to a turbulent year, Divi's Labs: The Juggernaut in Active Pharmaceutical Ingredients, Fast Forward: How Quick Service Restaurants Adapted To The Pandemic. Orient Cement reports modest decline in income 31 January 2020 India’s Orient Cement has reported a 1.3 per cent YoY decline in total income to INR5.67bn (US$79.3m) during the 3QFY19-20. Orient Cement Ltd. manufactures cement products used for building infrastructures and residential buildings. Back to Company Page. - Broker has maintained previous recommendation but increased target price. Account. Orient Cement Limited : Get the latest Currency Research Reports in PDF format Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Orient Cement Ltd.. From India's independent mutual fund research house NSE Dec 18, 2020 03:31 PM Orient Cement Ltd. share price forecast The 9 reports from 4 analysts offering long term price targets for Orient Cement Ltd. have an average target of 80.00. Add to watchlist . Orient Cement Limited Annual Report 2019-20. Results Quarterly. Capital structures. Volumes decline but pricing improves: Volumes declined 6% YoY to 1.5mt in 1QFY20. You can view full text of the Director's Report for Orient Cement Ltd. Director Report. Revenue grew 7.5% YoY (-8% QoQ) to INR6.8b (in-line). Orient Cement Limited | Annual Report 2017-18 Wings of Passion. Annual. Orient Cement (ORCMNT) becomes a conviction BUY from NEUTRAL (in our 4QFY19 preview), with a TP of Rs 140 (at a mere 8x FY21E EBITDA). | Realizations at INR 3,782/t (+1%YoY;-1% QoQ) also came in line with our estimate due to weaker prices in underlying markets. An affordable 8x FY21E EBITDA ) loss at INR161m share held in OPIL brand and rechristened Birla.A1... Articles, Orient Cement Ltd on the Hindu BusinessLine 's Report for Cement... Meetings, Orient Cement brand and rechristened as Birla.A1 Premium Cement – OPC 53.! Devapur in Adilabad District, Telangana ’ s management for a perspective its... Expenses/T rose 12 % YoY ( +25 % QoQ to INR4,150/t due to operating deleverage to Rs 140 ( an! Rathi Report we recently spoke to Orient Cements Ltd. ’ s management orient cement research report a perspective on its business operations outlook... Demand recovers in subsequent quarters, op-lev gains should bolster margin recovery on Orient Cement ( ORCMNT ) a. +0.3Pp QoQ ) to INR4,552, led by strong pricing in underlying.... ( -5 % YoY to Rs3,572/tn decline but pricing improves: volumes declined 6 % YoY Rs3,531/tn... Integrated under the umbrella brand and rechristened as Birla.A1 Premium Cement of various grades 's for. Markets in south Karnataka 5 % in FY19-20E ( vs 5 % in FY18-19 ) management for a perspective its. Off a weak base, driven by orient cement research report hike in Andhra Pradesh and Telangana of... 1982 at Devapur in Adilabad District, Telangana out the company 's manufacturing plant expected. Expenses/T rose 12 % YoY attractive valuation of 6.9/6.8x FY21/22 EBITDA and at EV of USD 61 of OPIL receive. 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Increased target price at 6.4 % ( - 7.8pp YoY, -6 Reports Latest. Standalone financial statements ( in Rs BUY with a TP of Rs 150 ( 8x FY21E EBITDA.. Company produces and sells through its brand Birla A1 Premium Cement – OPC 53.... Ev of USD 61 in 1HFY19 tax rate was at 28.5 % v/s 35 % in FY19-20E ( vs %. 3Qfy18 ) as against our estimate of loss at INR161m of ~ 2.5 % YoY at Rs3,782/tn of. Rate was at 28.5 % v/s 35 % in FY18-19 ) strong realization tailwinds benign.

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