Name: Latest research reports of Sagar Cements Ltd. authored by Reliance Securities and published by - Trendlyne research reports.
Item: Sagar Cements Ltd.
Rating: 5
Author: Reliance Securities

Sagar Cements Ltd.

NSE: SAGCEM | BSE: 502090 | ISIN: INE229C01021 | Industry: Cement & Cement Products
| Await Turnaround

189.3100 -3.16 (-1.64%)

NSE Apr 09, 2025 15:40 PM

31.61% Fall from 52W High

Volume: 13,897

Sagar Cements Ltd.

31 Jul 2017

189.31

-1.64%

Sagar Cements - 1QFY18 Result Update

Buy: Sagar Cements Ltd.

Target

Reliance Securities

Sagar Cements (SCL) has reported a stellar performance in 1QFY18 topping our estimate mainly owing to significant recovery in average realisation (+22% YoY and +12% QoQ). Consolidated EBITDA grew by 64% YoY and 63% QoQ to Rs425mn vs. our estimate of Rs352mn. EBITDA margin expanded by 329bps YoY and 531bps QoQ to 16.4%, while EBITDA/tonne came in at Rs666 in 1QFY18 vs. Rs450 and Rs405 in 1QFY17 and 4QFY17, respectively. The Company has posted Rs100mn net profit in 1QFY18 compared to net loss of Rs3mn and Rs32mn in 1QFY17 and 4QFY17, respectively. We continue to believe that likely improvement in operating synergies from Bayyavaram GU (Visakhapatnam) in terms of change in product-mix, saving in lead...

Sagar Cements Ltd. is trading above its 50 day SMA of 188.4