Deccan Cements Ltd. News and Updates

Name: Latest research reports of Deccan Cements Ltd. authored by Ventura and published by - Trendlyne research reports.
Item: Deccan Cements Ltd.
Rating: 5
Author: Ventura

Keep track of all breaking news on Deccan Cements Ltd. from all sources in a single place.

Deccan Cements Ltd.

19 Mar 2024, 09:19AM

782.75

2.66%

Deccan Cements -- A capex driven compelling growth story

Moneycontrol

Earnings trajectory could turn more favourable once the new plant commences commercial operations

Deccan Cements Ltd. has gained 40.96% in the last 1 Year

Deccan Cements Ltd.

14 Feb 2024

782.75

2.66%

Deccan Cements Standalone December 2023 Net Sales at Rs 216.86 crore, up 2.72% Y-o-Y

Moneycontrol

Deccan Cements Ltd. has gained 31.22% in the last 1 Month

Deccan Cements Ltd.

08 Nov 2023

782.75

2.66%

Deccan Cements Standalone September 2023 Net Sales at Rs 167.25 crore, down 7.32% Y-o-Y

Moneycontrol

Deccan Cements Ltd. has gained 25.62% in the last 6 Months

Deccan Cements Ltd.

11 Aug 2023

782.75

2.66%

Deccan Cements Standalone June 2023 Net Sales at Rs 192.08 crore, down 1% Y-o-Y

Moneycontrol

Deccan Cements Ltd. has gained 26.14% in the last 3 Months

Deccan Cements Ltd.

12 Nov 2022

782.75

2.66%

HSIE Results Daily: Trent, NHPC, Astral, Torrent Power, Emami, Fine Organic Industries, Gujarat State Petronet, Kalpataru Power Transmission, HG Infra, Sudarshan Chemical, JMC Projects, Deccan Cements

Accumulate: Deccan Cements Ltd.

HDFC Securities

Gujarat State Petronet: Our ADD rating on Gujarat State Petronet with a TP of INR 255 is premised on (1) muted transmission volume over FY22-25E due to a high spot LNG price environment, driven by geopolitical issues, low global inventories, and pick-up in demand post reopening of economies and (2) limited upside triggers in the near term. Hence, we believe that, at present, the stock is fairly valued with an RoE of 13% in FY24E and a combined FCF of INR 25bn over FY23-25E. Kalpataru Power Transmission: Kalpataru Power (KPTL) reported revenue/EBITDA/APAT of INR 15.3/1.3/0.6bn, missing our estimates by 4.7/10/19%. The margin was impacted during the quarter due to higher input and raw material prices, elevated logistics costs, lower absorption of overheads, and closure of old projects. KPTL secured new orders worth INR 68.9bn in FYTD23, taking the order book (OB) to INR 188.6bn (~2.7x FY22 revenue, excluding L1 of INR 43bn). The standalone gross/net debt increased to INR 15.9/12.5bn as of Sep'22 vs. INR 13.5/9.3bn as of Jun'22. The pending cash flow to be realised from the Indore real estate project, for which OC was received in Jul'22, is INR 2.7-2.8bn (net basis INR 2bn), expected to be received in the next 10-12 months. This shall help deleverage the balance sheet further. Given strong order inflows, tight control on B/S and NWC, and guidance on the reduction of promoter pledges, owing to strong cash flows/land monetisation by the parent, we increase our valuation multiple from 12x to 14x. Given strong order inflows, we increase our...

Deccan Cements Ltd. is trading above all available SMAs

Deccan Cements Ltd.

15 Dec 2021

782.75

2.66%

Deccan Cements: Expansion plans to boost earnings

Moneycontrol

The management has maintained a strong financial discipline throughout its history and has been utilising internal accruals to strengthen the balance sheet

Deccan Cements Ltd. has gained 26.14% in the last 3 Months

Deccan Cements Ltd.

22 Apr 2021

782.75

2.66%

Discovery Series: Deccan Cements merits a deeper look

Moneycontrol

On an absolute basis, the Deccan Cements stock is valued at an EV per ton of $40 only, which appears a deep discount to the usual-replacement cost of $100

Deccan Cements Ltd. has gained 40.96% in the last 1 Year

Deccan Cements Ltd.

17 Feb 2021

782.75

2.66%

Buy Deccan Cement; target of Rs 535: HDFC Securities

Moneycontrol

HDFC Securities is bullish on Deccan Cement has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 13, 2021.

Deccan Cements Ltd. has gained 26.14% in the last 3 Months

Deccan Cements Ltd.

08 Dec 2020

782.75

2.66%