Madras Cement: Operating margins zoom - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Madras Cement: Operating margins zoom

Feb 5, 2001

Madras Cements has reported a sharp rise in net profits for the quarter ended 31st December 2000. The company has benefited from a jump in operating margins.

(Rs m) 3QFY00 3QFY01 Change
Sales 1,239 1,457 17.6%
Other Income 5 2 -57.4%
Expenditure 961 1,029 7.1%
Operating Profit (EBDIT) 278 428 54.0%
Operating Profit Margin (%) 22.4% 29.4%  
Interest 158 173 9.3%
Depreciation 116 144 23.9%
Profit before Tax 9 113 1218.6%
Other Adjustments - -  
Tax - -  
Profit after Tax/(Loss) 9 113 1218.6%
Net profit margin (%) 0.7% 7.8%  
No. of Shares (eoy) (m) 1.2 1.2  
Diluted Earnings per share#* 28.5 375.8 1218.6%
*(annualised)      

The cut in production effected by the cement companies in December seems to have had a telling impact on not only Madras Cement but other cement companies as well. However, what needs to be looked into is whether such a rise in cement prices is sustainable or not.

Madras Cement currently trades at Rs 5,565, implying a P/e multiple of 14.8x.


Equitymaster requests your view! Post a comment on "Madras Cement: Operating margins zoom". Click here!

  

More Views on News

THE RAMCO CEMENTS Announces Quarterly Results (3QFY20); Net Profit Down 5.5% (Quarterly Result Update)

Jan 30, 2020 | Updated on Jan 30, 2020

For the quarter ended December 2019, THE RAMCO CEMENTS has posted a net profit of Rs 956 m (down 5.5% YoY). Sales on the other hand came in at Rs 13 bn (up 5.9% YoY). Read on for a complete analysis of THE RAMCO CEMENTS's quarterly results.

THE RAMCO CEMENTS Announces Quarterly Results (2QFY20); Net Profit Up 46.9% (Quarterly Result Update)

Nov 5, 2019 | Updated on Nov 5, 2019

For the quarter ended September 2019, THE RAMCO CEMENTS has posted a net profit of Rs 2 bn (up 46.9% YoY). Sales on the other hand came in at Rs 13 bn (up 11.2% YoY). Read on for a complete analysis of THE RAMCO CEMENTS's quarterly results.

THE RAMCO CEMENTS 2018-19 Annual Report Analysis (Annual Result Update)

Sep 23, 2019 | Updated on Sep 23, 2019

Here's an analysis of the annual report of THE RAMCO CEMENTS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of THE RAMCO CEMENTS. Also includes updates on the valuation of THE RAMCO CEMENTS.

More Views on News

Most Popular

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff (Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

Can the Nifty Fall to 10,200? (Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

THE RAMCO CEMENTS SHARE PRICE


Sep 25, 2020 (Close)

TRACK THE RAMCO CEMENTS

  • Track your investment in THE RAMCO CEMENTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON THE RAMCO CEMENTS

THE RAMCO CEMENTS 8-QTR ANALYSIS

COMPARE THE RAMCO CEMENTS WITH

MARKET STATS