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This Article is From Jul 29, 2021

Sagar Cements Q1 Review - Strong Quarter, Fair Valuation: Dolat Capital

Sagar Cements Q1 Review - Strong Quarter, Fair Valuation: Dolat Capital
Cement concrete sits in a container at a construction site. (Photographer: Brent Lewin/Bloomberg)
STOCKS IN THIS STORY
Sagar Cements Ltd.
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BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Sagar Cements Ltd. reported results above estimates on all fronts.

The company posted strong set of numbers with up 48.6%/ up 23.1%/ up 42.3% YoY growth in revenue/ Ebitda/ adjusted profit after tax to Rs 3.9 billion/ Rs 1.1 billion/ Rs 514 million led by up 58.4%/ down 6.2% YoY growth in volume/ realisation (up 9.3% QoQ).

We like Sagar Cements for its continuous efforts to expand its capacity combined with diversify its revenue and one of the lowest cost producer led by various cost rationalising measures.

Click on the attachment to read the full report:

Dolat Capital Sagar Cements Q1FY22 Result Update.pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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