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21 Sep 2025 |
Orient Cement
|
Consensus Share Price Target
|
219.56 |
280.50 |
- |
27.76 |
sell
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03 Feb 2022
|
Orient Cement
|
Axis Direct
|
219.56
|
200.00
|
172.85
(27.02%)
|
|
Buy
|
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We value the company at 6x of its FY23E EV/EBITDA and retain our BUY rating on the stock with a target price of Rs 200/share. TP implies an upside of 16% from CMP.
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27 Oct 2021
|
Orient Cement
|
ICICI Securities Limited
|
219.56
|
250.00
|
161.10
(36.29%)
|
|
Buy
|
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About the stock: Orient Cement is a mid-sized (8.0 MT) cost-efficient player in the cement space. Its cement plants are located in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated), Jalgaon, Maharashtra (2 MT grinding unit). Q2FY22 Results: Reported healthy volume growth of over 25% YoY. Margins maintained at 20%+ despite cost challenges. EBITDA/t fell 5.6% YoY to | 1048/t (vs. last quarter's EBITDA/t of | 1368/t)....
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27 Oct 2021
|
Orient Cement
|
Chola Wealth Direct
|
219.56
|
192.00
|
161.10
(36.29%)
|
|
Buy
|
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|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
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05 Aug 2021
|
Orient Cement
|
Axis Direct
|
219.56
|
205.00
|
169.10
(29.84%)
|
|
Buy
|
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The stock is currently trading at 5.7x and 4.5x FY22E and FY23E EV/EBITDA and EV/tonne of $66 and $55 FY22E and FY23E. We retain our BUY rating on the stock with a target price of Rs 205/share, valuing the company at 5.5x of its FY23E EV/EBITDA implying an upside of 23% from CMP.
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04 Aug 2021
|
Orient Cement
|
Chola Wealth Direct
|
219.56
|
192.00
|
169.50
(29.53%)
|
|
Buy
|
|
|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
|
|
04 Aug 2021
|
Orient Cement
|
ICICI Securities Limited
|
219.56
|
250.00
|
169.50
(29.53%)
|
|
Buy
|
|
|
About the stock: Orient Cement is a mid-sized (8.0 MT) cost-efficient player in cement space. Its cement plants are in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated), Jalgaon, Maharashtra (2 MT grinding unit)....
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|
19 Jul 2021
|
Orient Cement
|
Axis Direct
|
219.56
|
180.00
|
148.95
(47.41%)
|
Target met |
Buy
|
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|
We value OCL at 5.5x FY23E EV/EBITDA and assign a BUY rating to the stock.
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25 Jun 2021
|
Orient Cement
|
Axis Direct
|
219.56
|
180.00
|
137.20
(60.03%)
|
Target met |
Buy
|
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|
We initiate coverage on the stock with a BUY rating and value the company at 5.5xFY23E EV/EBITDA to arrive at a target price of Rs 180/share, implying an upside of 35% from the CMP.
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20 May 2021
|
Orient Cement
|
Chola Wealth Direct
|
219.56
|
|
139.25
(57.67%)
|
|
Buy
|
|
|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
|
|
20 May 2021
|
Orient Cement
|
Chola Wealth Direct
|
219.56
|
|
139.25
(57.67%)
|
|
Buy
|
|
|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
|