Orient Cement Q4 Review - Higher Coal Price To Dent Profitability: Centrum Broking

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..Centrum Broking Report.Orient Cement Ltd. reported lower-than-expected Ebitda of Rs 1.53 billion (our estimate: Rs 1.96 billion), up 30% QoQ/but down ~24% YoY and Ebitda/tonne of Rs 947 (our estimate: Rs 1058/tonne) primarily due to lower than expected volumes and realisation while cost of production was in-line to our estimates. Orient Cement had to import higher quantity of coal due to coal linkage supply constraints which will increase cost of production more than 10% QoQ in Q1 FY23. Management guided Q4 FY22 Ebitda/tonne of Rs 947 as near to sustainable Ebitda going forward which looks difficult in H1 FY23. .Click on the attachment to read the full report:.DISCLAIMERThis 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.

Orient Cement Q4 Review - Higher Coal Price To Dent Profitability: Centrum Broking

Orient Cement Q4 Review - Higher Coal Price To Dent Profitability: Centrum Broking

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