Shree Digvijay Cement Company Limited (SDCCL) is an India-based Company incorporated in 1944. The company currently is managed by Private Equity firm named True North Fund VI LLP. Company is engaged in the manufacturing and selling of cement .Company caters to domestic as well as export market. Company has a manufacturing facility at Sikka, Jamnagar. The manufacturing capacity stands at 1.20 Million Tons per Annum housing a Fully Automatic Modern Cement Plant. Company has been unique trendsetter in providing superior quality of...
Ambuja Cement has reported good set of numbers during Q3CY20 with strong volume growth and margin beat. Company has posted a volume growth of 8% YoY//35% QoQ in 3QCY20, owing to pent-up demand and strong recovery in rural market. Revenue for the quarter grew by 9% YoY/31% QoQ, driven by strong volume growth and better pricing. EBITDA during the quarter grew by 55% YoY/14% QoQ to Rs 680 cr, largely due to tight control over fixed cost. EBITDA margin improved sharply to 23.9% during the quarter from 16.8% in Q3CY19. Profit for the...
We had initiated coverage on D P Abhushan Ltd (DPAL) with Buy' rating on 2nd July 2020 with CMP of Rs 59 & price target of Rs 92 which got achieved on 3rd September 2020. Recently, we have attended Annual General Meeting (AGM) of the Company through Video Conferencing...
returning execution efficiency are some levers making a case for PNC to set sailing again on the growth trajectory, sooner than later. Even with the stretched working capital (due to the pandemic disruption and seasonality), the balance sheet is still in shape to help execution efficiency return at the earliest, and take care of a large part of equity required for the hybrid annuity portfolio. Standalone operations hold potential to generate positive CF, and look good to suffice for the balance needed. With no change in long-term fundamentals, and...
