Cement Q4 Earnings Review - Sentiments Move On To Post Covid-19 Cyclical Recovery: Dolat Capital

Samples of cement are seen in an arranged photograph. (Photographer: Asim Hafeez/Bloomberg).

Cement Q4 Earnings Review - Sentiments Move On To Post Covid-19 Cyclical Recovery: Dolat Capital

Bookmark

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

Our coverage universe of 12 stocks reported revenue of Rs 382.9 billion in Q4 FY21, a growth of 28.2% YoY (up 14.2% QoQ) led by blended volume growth of 23.8% YoY (up 12.7% QoQ) to 75.7 million tonne coupled with increase in blended realisation by 3.6% YoY (up 1.3% QoQ) to Rs 5,055/ tonne.

Ebitda increased 40.4% YoY (up 18.9% QoQ) to Rs 93.9 billion and blended Ebitda/ tonne increased 13.4% YoY (up 5.4% QoQ) to Rs 1,239 led by blended realisation growth of 3.6% YoY (up 1.3% QoQ) to Rs 5,055/tonne which was partially offset by rise in blended cost/tonne by 0.7% YoY (down 0.03% QoQ) to Rs 3,815/ tonne.

Click on the attachment to read the full report:

Dolat Capital Cement - Q4FY21 Results Review.pdf

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.