ANJANI PORT CEM 2020-21 Annual Report Analysis

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?  

ANJANI PORT CEM 2020-21 Annual Report Analysis
Wed, 27 Oct

ANJANI PORT CEM has announced its results for the year ended March 2021. Let us have a look at the detailed performance review of the company during FY20-21.

ANJANI PORT CEM Income Statement Analysis

  • Operating income during the year fell 0.4% on a year-on-year (YoY) basis.
  • The company's operating profit increased by 42.7% YoY during the fiscal. Operating profit margins witnessed a fall and down at 28.0% in FY21 as against 19.6% in FY20.
  • Depreciation charges increased by 1.1% and finance costs increased by 97.0% YoY, respectively.
  • Other income grew by 110.1% YoY.
  • Net profit for the year grew by 110.6% YoY.
  • Net profit margins during the year grew from 9.8% in FY20 to 20.5% in FY21.

ANJANI PORT CEM Income Statement 2020-21

No. of Mths Year Ending 12 Mar-20* 12 Mar-21* % Change
Net Sales Rs m 4,089 4,072 -0.4%
Other income Rs m 40 83 110.1%
Total Revenues Rs m 4,129 4,155 0.6%
Gross profit Rs m 800 1,141 42.7%
Depreciation Rs m 200 203 1.1%
Interest Rs m 3 7 97.0%
Profit before tax Rs m 636 1,015 59.7%
Tax Rs m 232 165 -28.7%
Profit after tax Rs m 404 850 110.6%
Gross profit margin % 19.6 28.0
Effective tax rate % 36.5 16.3
Net profit margin % 9.8 20.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



WATCH NOW: Top 3 Stocks for 2022 MEGA Summit... For free

ANJANI PORT CEM Balance Sheet Analysis

  • The company's current liabilities during FY21 stood at Rs 912 million as compared to Rs 771 million in FY20, thereby witnessing an increase of 18.3%.
  • Current assets rose 56% and stood at Rs 3 billion, while fixed assets fell 8% and stood at Rs 2 billion in FY21.
  • Overall, the total assets and liabilities for FY21 stood at Rs 5 billion as against Rs 4 billion during FY20, thereby witnessing a growth of 19%.

ANJANI PORT CEM Balance Sheet as on March 2021

No. of Mths Year Ending 12 Mar-20* 12 Mar-21* % Change
Networth Rs m 2,739 3,463 26.4
 
Current Liabilities Rs m 771 912 18.3
Long-term Debt Rs m 0 0 0.0
Total Liabilities Rs m 3,920 4,658 18.8
 
Current assets Rs m 1,649 2,573 56.0
Fixed Assets Rs m 2,271 2,086 -8.2
Total Assets Rs m 3,920 4,658 18.8
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



ANJANI PORT CEM Cash Flow Statement Analysis

  • ANJANI PORT CEM's cash flow from operating activities (CFO) during FY21 stood at Rs 1 billion, an improvement of 160.4% on a YoY basis.
  • Cash flow from investing activities (CFI) during FY21 stood at Rs -1 billion, an improvement of 115.5% on a YoY basis.
  • Cash flow from financial activities (CFF) during FY21 stood at Rs -137 million on a YoY basis.
  • Overall, net cash flows for the company during FY21 stood at Rs 68 million from the Rs -99 million net cash flows seen during FY20.

ANJANI PORT CEM Cash Flow Statement 2020-21

Particulars No. of months 12 12 % Change
Year Ending Mar-20 Mar-21
Cash Flow from Operating Activities Rs m 528 1,376 160.4%
Cash Flow from Investing Activities Rs m -546 -1,176 -
Cash Flow from Financing Activities Rs m -85 -137 -
Net Cash Flow Rs m -99 68 -
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Current Valuations for ANJANI PORT CEM

  • The trailing twelve-month earnings per share (EPS) of the company stands at Rs 33.6, an improvement from the EPS of Rs 16.0 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 383.1, stands at 10.5 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 1.2 times, while the price to sales ratio stands at 1.1 times.
  • The company's price to cash flow (P/CF) ratio stood at 9.2 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Mar-20* 12 Mar-21*
Sales per share (Unadj.) Rs 161.7 161.0
TTM Earnings per share Rs 16.0 33.6
Diluted earnings per share Rs 16.0 33.6
Price to Cash Flow x 16.0 9.2
TTM P/E ratio x 10.5 10.5
Price / Book Value ratio x 1.3 1.2
Market Cap Rs m 9,690 9,687
Dividends per share (Unadj.) Rs 5.0 5.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Ratio Analysis for ANJANI PORT CEM

  • Solvency Ratios
  • Current Ratio: The company's current ratio improved and stood at 2.8x during FY21, from 2.1x during FY20. The current ratio measures the company's ability to pay short-term and long-term obligations.

    Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 157.2x during FY21, from 193.6x during FY20. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company improved and stood at 24.5% during FY21, from 14.7% during FY21. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

    Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 29.5% during FY21, from 23.3% during FY20. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

    Return on Assets (ROA): The ROA of the company improved and stood at 18.4% during FY21, from 10.4% during FY20. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Mar-20* 12 Mar-21*
Current ratio x 2.1 2.8
Debtors’ Days Days 383 142
Interest coverage x 193.6 157.2
Debt to equity ratio x 0.0 0.0
Return on assets % 10.4 18.4
Return on equity % 14.7 24.5
Return on capital employed % 23.3 29.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



To see how ANJANI PORT CEM has performed over the last 5 years, please visit here.

ANJANI PORT CEM Share Price Performance

Over the last one year, ANJANI PORT CEM share price has moved up from Rs 219.1 to Rs 383.1, registering a gain of Rs 164.1 or around 74.9%.

Overall, the S&P BSE SENSEX is up 52.3% over the year.

(To know more, check out historical annual results for ANJANI PORT CEM and quarterly results for ANJANI PORT CEM)

Equitymaster requests your view! Post a comment on "ANJANI PORT CEM 2020-21 Annual Report Analysis". Click here!

  

Related Views on News

What's Behind ACC's Highest-Ever Revenue in March Quarter? (Company Info)

Apr 20, 2021

Key takeaways from ACC's March quarter (Q1CY21) results.

More Views on News

Most Popular

India's Best Semiconductor Stocks(Views On News)

Jan 7, 2022

Modern wars are fought with semiconductors. India's best semiconductor stocks have big tailwinds from defence and manufacturing.

10 Indian Companies with the Fastest Growth in Dividend Payouts...(Views On News)

Jan 10, 2022

These companies have been consistently paying higher dividends for several years.

Tata Steel vs SAIL: Which Stock is Better?(Views On News)

Jan 13, 2022

With government initiatives set to boost the steel sector, find out who has a better chance of coming out on top.

Looking for Consistent Compounding Stocks? Here's a Watchlist for You(Views On News)

Jan 6, 2022

These companies have generated mind boggling returns for investors over the years.

Watch Out for these 4 Indian Companies Betting Big on EV Supply Chain(Views On News)

Jan 11, 2022

The upside in supply chain players could be huge but a delay in the transition to EVs, or any policy related hiccups could end the momentum.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TRACK ANJANI PORT CEM

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

MORE ON ANJANI PORT CEM

ANJANI PORT CEM 5-YR ANALYSIS

COMPARE ANJANI PORT CEM WITH

MARKET STATS