Orient Cement Q4 Results Review - Volume Growth Flattish; Retain Hold: Axis Securities

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.Orient Cement Ltd. reported numbers that were above consensus estimates but below our estimates. Its revenue/Ebitda/profit after tax grew by 1%/6%/1% YoY (below expectations). The company reported flattish growth in volume YoY but up 24% QoQ at 1.73 million tonnes per annum .It reported a PAT of Rs 68 crore against Rs 67 crore last year. The company recorded an Ebitda margin of 16.7% (versus expectations of 17.4%) against 15.9% YoY. Orient Cement’s Ebitda/tonne stood at Rs 858 (below expectations), up 6% YoY, and it reported realisation/tonne of Rs 5,145 against Rs 5,099, up 1%/5% YoY/QoQ. The company’s cost/tonne decreasedd by 6%/0% YoY/QoQ to Rs 4,287 on the back of lower power/fuel cost down 17% YoY on a tonne basis..Click on the attachment to read the full report:.Ambuja Cement, Dabur, Nuvoco Vista, ACC, Orient Cement, Greenpanel Q4 Results Review: HDFC Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Orient Cement Q4 Results Review - Volume Growth Flattish; Retain Hold: Axis Securities

Expansion plans at company's Chitapur plant await environmental clearance

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Orient Cement Q4 Results Review - Volume Growth Flattish; Retain Hold: Axis Securities

Expansion plans at company's Chitapur plant await environmental clearance

Choose a plan

Follow Us

DOWNLOAD THE APP