Sagar Cements Q4 Review - Profitability Under Pressure: Dolat Capital

Sagar Cements Q4 Review - Profitability Under Pressure: Dolat Capital

A worker levelling the surface with cement mixture. (Source: pxhere.com)

BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Sagar Cements Ltd. reported revenue, volume above estimates, Ebitda/tonne in line, however realisation, Ebitda and adjusted profit after tax below estimates.

Sagar Cements posted up 20.1%/ down 41.4% YoY in revenue/ Ebitda to Rs 5.0 billion/ Rs 611 million and net loss of Rs 115 million primarily due to up 27.5%/ up 1.2% YoY/ QoQ growth in cost/tonne, which was partially offset by up 10.3%/ up 51.8% YoY growth in volume and up 8.9%/ down 0.9% YoY/ QoQ in realisation.

We like Sagar Cements for its continuous efforts to expand its capacity combined with diversify its revenue and one of the lowest cost producer led by various cost rationalising measures.

Click on the attachment to read the full report:

Dolat Capital Sagar Cement Q4FY22 Result Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BQ Prime 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 BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES