Date: 28 Feb 2024

Cement

Sector	Market Cap	No of Companies
Cement	727658.7	36

 

NetWorth	183812.16	TTM Sales	232670.40	TTM Sales Var (%)	11.49
Debt	50733.44	TTM OP	36172.90	TTM NP Var (%)	31.75
Capital Employed	263042.86	TTM OPM (%)	17.65	EV/TM Sales	3.13
Net Block	185637.10	TTM PATM (%)	7.27	EV/TTM EBITDA	21.26
Current Assets	93610.85	Debt / Equity	0.28	P/E	43.00
ROCE (%)	15.18	RONW (%)	9.21	P/B	3.96

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

	28 Feb 2024	31 Jan 2023	31 Jan 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	727658.7	542646.87	565943.34	34.09	28.57
Total Marketcap	38849922.4	27157567.18	25408087.59	43.05	52.9
Sector's share	1.87	2	2.23	-0.13	-0.36
Sector No of companies	36	34	33	2	3
Total Listed companies	4541	4248	4096	293	445
Sector's share	0.79	0.8	0.81	-0.01	-0.02
Nifty 50	21951.15	21725.7	17303.95	1.04	26.86

 

Gainers
Company Name	28/02/2024	25/01/2024	Var%
Panyam Cement	176.25	116.73	50.99
Birla Corpn.	1706.20	1395.90	22.23
Star Cement	206.35	182.15	13.29
Saurashtra Cem.	111.24	99.65	11.63
Shri Keshav	271.50	249.20	8.95
Losers
Company Name	28/02/2024	25/01/2024	Var%
Orient Cement	228.15	274.55	-16.90
Andhra Cements	102.00	121.90	-16.32
The Ramco Cement	838.45	969.45	-13.51
Sh. Digvijay Cem	103.80	117.45	-11.62
Sagar Cements	239.40	269.65	-11.22

 

During the month of February 2024, Cement sector’s Marketcap increased 34.09% to Rs 727658.7 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 1.87% in February 2024 from 2% in January 2023 and 2.23% in January 2022.

In terms of price appreciation in the sector, there were 14 gainers and 22 losers in the month of Feb 2024. The gainers accounted for 38.89% of sector companies, losers accounted for 61.11% of sector companies.

The top 3 gainers were Panyam Cement (50.99% gain), Birla Corpn. (22.23% gain) and Star Cement (13.29% gain).

The 3 losers at the bottom were Orient Cement (-16.90% fall), Andhra Cements (-16.32% fall) and The Ramco Cement (-13.51% fall).

During the month Birla Corporation Ltd, Deccan Cements Ltd, India Cements Ltd, K C P Ltd, The Ramco Cements Ltd, NCL Industries Ltd, Panyam Cements & Mineral Industries Ltd, Saurashtra Cement Ltd, JK Lakshmi Cement Ltd, Keerthi Industries Ltd, Kakatiya Cement Sugar & Industries Ltd, Bheema Cements Ltd, Sri Chakra Cement Ltd, Anjani Portland Cement Ltd, Prism Johnson Ltd, Vaishno Cement Co Ltd, Shri Keshav Cements & Infra Ltd, Orient Cement Ltd, Barak Valley Cements Ltd, Star Cement Ltd and Burnpur Cement Ltd announced their results. Of these Deccan Cements Ltd, The Ramco Cements Ltd, NCL Industries Ltd, JK Lakshmi Cement Ltd, Shri Keshav Cements & Infra Ltd, Orient Cement Ltd, Barak Valley Cements Ltd and Star Cement Ltd reported rise in net profit attributable to shareholders. Companies like Sri Chakra Cement Ltd reported fall in net profit attributable to shareholders.

Companies like Birla Corporation Ltd, K C P Ltd and Saurashtra Cement Ltd reported loss to profit

JK Lakshmi Cement Ltd, NCL Industries Ltd, Orient Cement Ltd, Saurashtra Cement Ltd and Shree Cement Ltd became ex-dividend.

During the month ACC Ltd, Andhra Cements Ltd, Birla Corporation Ltd, Deccan Cements Ltd, Ambuja Cements Ltd, India Cements Ltd, K C P Ltd, Kesoram Industries Ltd, The Ramco Cements Ltd, Mangalam Cement Ltd, HeidelbergCement India Ltd, NCL Industries Ltd, Panyam Cements & Mineral Industries Ltd, Saurashtra Cement Ltd, Shree Cement Ltd, Shree Digvijay Cement Co. Ltd, JK Lakshmi Cement Ltd, Sagar Cements Ltd, Gujarat Sidhee Cement Ltd, Keerthi Industries Ltd, Kakatiya Cement Sugar & Industries Ltd, Hemadri Cements Ltd, Bheema Cements Ltd, Sri Chakra Cement Ltd, Anjani Portland Cement Ltd, Sanghi Industries Ltd, Prism Johnson Ltd, Udaipur Cement Works Ltd, Vaishno Cement Co Ltd, Shri Keshav Cements & Infra Ltd, Shiva Cement Ltd, J K Cements Ltd, Orient Cement Ltd, Nuvoco Vistas Corporation Ltd, UltraTech Cement Ltd, Barak Valley Cements Ltd, Star Cement Ltd, Burnpur Cement Ltd and Dalmia Bharat Ltd filed their shareholding patterns.

FIIs increased their shareholding in Kesoram Industries Ltd from 4.43% to 7.18%, UltraTech Cement Ltd from 16.64% to 18.20%, Shri Keshav Cements & Infra Ltd from 3.43% to 4.43%, J K Cements Ltd from 14.38% to 15.24%, Deccan Cements Ltd from 9.24% to 10.07%, NCL Industries Ltd from 4.23% to 4.88%, HeidelbergCement India Ltd from 3.91% to 4.33%, Orient Cement Ltd from 6.30% to 6.71%, JK Lakshmi Cement Ltd from 10.53% to 10.83% and Star Cement Ltd from 0.77% to 1.05%. FIIs reduced their shareholding in Anjani Portland Cement Ltd from 0.03% to 0.02%, Kakatiya Cement Sugar & Industries Ltd from 0.06% to 0.05%, Shree Digvijay Cement Co. Ltd from 2.93% to 2.91%, Nuvoco Vistas Corporation Ltd from 3.15% to 3.05%, Birla Corporation Ltd from 6.57% to 6.44%, Sanghi Industries Ltd from 1.31% to 1.02%, Mangalam Cement Ltd from 6.81% to 6.20%, ACC Ltd from 7.10% to 6.23% and Dalmia Bharat Ltd from 14.10% to 12.93%.

DIIs increased their shareholding in Kesoram Industries Ltd from 10.47% to 13.17%, Dalmia Bharat Ltd from 8.78% to 10.44%, ACC Ltd from 21.87% to 23.01%, HeidelbergCement India Ltd from 8.97% to 10.01%, Nuvoco Vistas Corporation Ltd from 15.57% to 16.42%, Mangalam Cement Ltd from 2.60% to 3.40%, Shree Digvijay Cement Co. Ltd from 0.00% to 0.43%, Prism Johnson Ltd from 4.85% to 5.11%, Ambuja Cements Ltd from 14.29% to 14.47% and Orient Cement Ltd from 11.70% to 11.86%. DIIs reduced their shareholding in Hemadri Cements Ltd from 0.02% to 0.00%, Shree Cement Ltd from 12.17% to 12.15%, JK Lakshmi Cement Ltd from 26.73% to 26.68%, K C P Ltd from 0.70% to 0.63%, J K Cements Ltd from 24.21% to 23.98%, The Ramco Cements Ltd from 33.31% to 32.87%, Panyam Cements & Mineral Industries Ltd from 0.60% to 0.07%, India Cements Ltd from 10.04% to 8.94%, UltraTech Cement Ltd from 15.04% to 13.68% and Sagar Cements Ltd from 8.01% to 6.30%.

Promoters increased their shareholding in Mangalam Cement Ltd from 36.32% to 36.63% and K C P Ltd from 43.94% to 43.95%. Promoters reduced their shareholding in Star Cement Ltd from 66.55% to 66.48%, Saurashtra Cement Ltd from 67.09% to 66.99%, J K Cements Ltd from 45.80% to 45.70%, Sanghi Industries Ltd from 72.72% to 72.59%, Barak Valley Cements Ltd from 55.77% to 55.32%, Shri Keshav Cements & Infra Ltd from 66.60% to 60.99% and Bheema Cements Ltd from 70.81% to 58.04%.

During the month Annual reports of ACC Ltd, Andhra Cements Ltd, Birla Corporation Ltd, Chettinad Cement Corporation Ltd, Deccan Cements Ltd, Ambuja Cements Ltd, India Cements Ltd, K C P Ltd, Kesoram Industries Ltd, The Ramco Cements Ltd, Mangalam Cement Ltd, HeidelbergCement India Ltd, NCL Industries Ltd, Panyam Cements & Mineral Industries Ltd, Raasi Cement Ltd, Saurashtra Cement Ltd, Shree Cement Ltd, Shree Digvijay Cement Co. Ltd, JK Lakshmi Cement Ltd, Sagar Cements Ltd, Gujarat Sidhee Cement Ltd, Balaram Cements Ltd, Nihon Nirmaan Ltd, Keerthi Industries Ltd, Kakatiya Cement Sugar & Industries Ltd, South India Cements Ltd, Jaipur Udyog Ltd, Kalyanpur Cements Ltd, Hemadri Cements Ltd, Bheema Cements Ltd, Vinay Cements Ltd, Sri Chakra Cement Ltd, Lakshmi Cement & Ceramics Industries Ltd, Anjani Portland Cement Ltd, Gangotri Cement Ltd, Sanghi Industries Ltd, Prism Johnson Ltd, Udaipur Cement Works Ltd, Vaishno Cement Co Ltd, Shri Keshav Cements & Infra Ltd, Malabar Cements Ltd, Cement Corporation Of India Ltd, Cochin Cements Ltd, Tamil Nadu Cement Corporation Ltd, Shiva Cement Ltd, J K Cements Ltd, Orient Cement Ltd, Zuari Cements Ltd, Greygold Cements Ltd, Nuvoco Vistas Corporation Ltd, Dalmia Cement (Bharat) Ltd, Ultratech Nathdwara Cement Ltd, Dakshin Cements Ltd, Deva Drill Tech (India) Ltd, My Home Industries Ltd, Necem Cements Ltd, UltraTech Cement Ltd, Penna Cement Indutries Ltd, Rain Cements Ltd, Barak Valley Cements Ltd, Star Cement Ltd, Cement International Ltd, Burnpur Cement Ltd, Bhavya Cement Pvt Ltd, Parasakti Cement Industries Ltd, MGT Cements Pvt Ltd, Bhilai Jaypee Cement Ltd, Meghalaya Cements Ltd, JSW Cement Ltd, Gujarat Jaypee Cement & Infrastructure Ltd, Nu Vista Ltd, Star Cement Meghalaya Ltd, Harish Cement Ltd, Jaypee Assam Cement Ltd, Jaypee Cement Corporation Ltd, Birla Cement (Assam) Ltd, MP Birla Group Services Pvt Ltd, RCCPL Pvt Ltd, Bharathi Cement Corporation Pvt Ltd, RCL Cements Ltd, SCL Cements Ltd, Mudit Cement Pvt Ltd, Rock Solid Cement Ltd, Sagar Cements (R) Ltd, Dirk India Pvt Ltd, Reliance Cement Corporation Pvt Ltd, RNB Cements Pvt Ltd, Green Valliey Industries Ltd, K J S Cement Ltd, Wonder Cement Ltd, Dalmia Bharat Ltd, Monnet Cement Ltd, Amrit Cement Ltd, Alsthom Industries Ltd, Jaykaychem Central Ltd, Ganpati Advisory Ltd, Khalari Cements Ltd, Asian Concretes & Cements Pvt Ltd, Hi-Bond Cement (India) Pvt Ltd, Gulbarga Cement Ltd, Kalburgi Cement Pvt Ltd, Purbanchal Cement Ltd, Alcon Cement Co. Pvt Ltd, Desai Cement Co. Pvt Ltd, Khyber Industries Pvt Ltd, Sagar Cements (M) Pvt Ltd, Dalmia D S P Ltd [Merged], Sorabh Cement Ltd, Shristi Cement Ltd and Adani Cement Industries Ltd were updated in Capitaline.