Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.37 (vs ₹0.58 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.37 (down from ₹0.58 in 3Q 2022). Revenue: ₹2.23b (up 25% from 3Q 2022). Net income: ₹32.9m (down 36% from 3Q 2022). Profit margin: 1.5% (down from 2.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Jan 25
Gujarat Sidhee Cement Limited to Report Q3, 2023 Results on Feb 10, 2023 Gujarat Sidhee Cement Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 03
Second quarter 2023 earnings released: ₹1.71 loss per share (vs ₹0.01 loss in 2Q 2022) Second quarter 2023 results: ₹1.71 loss per share (further deteriorated from ₹0.01 loss in 2Q 2022). Revenue: ₹1.44b (down 13% from 2Q 2022). Net loss: ₹154.3m (loss widened ₹153.4m from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Aankondiging • Oct 22
Gujarat Sidhee Cement Limited to Report Q2, 2023 Results on Nov 02, 2022 Gujarat Sidhee Cement Limited announced that they will report Q2, 2023 results on Nov 02, 2022 Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 19% share price gain to ₹48.25, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 19x in the Basic Materials industry in India. Total returns to shareholders of 173% over the past three years. Recent Insider Transactions • Sep 11
Director of Legal recently sold ₹911k worth of stock On the 7th of September, Arun Fadia sold around 23k shares on-market at roughly ₹40.32 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.9m more than they bought in the last 12 months. Aankondiging • Aug 19
Gujarat Sidhee Cement Limited Announces Resignation of Rahul Gupta as Non-Executive and Non-Independent Director Gujarat Sidhee Cement Limited announced that in view of withdrawal of nomination by GIIC Limited, Dr. Rahul Gupta, IAS has resigned as Non-Executive and Non-Independent Director (Nominated by GIIC Limited) of the Company effective from August 18, 2022 in view of the withdrawal of nomination by GIIC Limited vide its letter dated August 12, 2022. Reported Earnings • Aug 17
First quarter 2023 earnings released: EPS: ₹0.62 (vs ₹1.34 in 1Q 2022) First quarter 2023 results: EPS: ₹0.62 (down from ₹1.34 in 1Q 2022). Revenue: ₹1.88b (up 21% from 1Q 2022). Net income: ₹54.9m (down 54% from 1Q 2022). Profit margin: 2.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 01
Full year 2022 earnings released: EPS: ₹2.27 (vs ₹3.47 in FY 2021) Full year 2022 results: EPS: ₹2.27 (down from ₹3.47 in FY 2021). Revenue: ₹7.03b (up 24% from FY 2021). Net income: ₹201.7m (down 34% from FY 2021). Profit margin: 2.9% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 29
Gujarat Sidhee Cement Limited, Annual General Meeting, Jul 27, 2022 Gujarat Sidhee Cement Limited, Annual General Meeting, Jul 27, 2022, at 16:30 Indian Standard Time. Agenda: To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022, the report of the Auditors' thereon and the report of the Board of Directors; to consider appointment of a director in place of Mr. Venkatesh Mysore (DIN: 01401447), who retires by rotation, and being eligible, offers himself for re-appointment; and such other business issues. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹27.55, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 49% over the past three years. Recent Insider Transactions • Jun 11
MD & Non-Independent Director recently sold ₹185k worth of stock On the 8th of June, Mohinderpal Gilotra sold around 5k shares on-market at roughly ₹36.97 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. This was Mohinderpal's only on-market trade for the last 12 months. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹2.27 (vs ₹3.47 in FY 2021) Full year 2022 results: EPS: ₹2.27 (down from ₹3.47 in FY 2021). Revenue: ₹7.03b (up 24% from FY 2021). Net income: ₹201.7m (down 34% from FY 2021). Profit margin: 2.9% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 16% share price gain to ₹49.10, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 17x in the Basic Materials industry in India. Total returns to shareholders of 134% over the past three years. Recent Insider Transactions • Apr 02
Director of Legal recently sold ₹2.1m worth of stock On the 30th of March, Arun Fadia sold around 52k shares on-market at roughly ₹40.39 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.0m more than they bought in the last 12 months. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.58 (up from ₹0.014 loss in 3Q 2021). Revenue: ₹1.79b (up 16% from 3Q 2021). Net income: ₹51.8m (up ₹53.0m from 3Q 2021). Profit margin: 2.9% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 24
Gujarat Sidhee Cement Limited Announces Restart of Plant At Factory Gujarat Sidhee Cement Limited announced that its earlier letter dated September 06, 2021; where the company informed that the cement plant of the Company at Sidheegram is planned to take annual maintenance shutdown of the Clinker Unit for annual maintenance routine jobs for a period of 17 to 20 days. Further to that the company informed that the it has started the kiln from September 22, 2021 at its factory at Sidheegram, Gujarat. The production is expected to start from 23/09/2021. The plant shall be fully operational by September 25, 2021. Recent Insider Transactions • Sep 04
Insider recently sold ₹1.9m worth of stock On the 2nd of September, Harishchandra Joshi sold around 34k shares on-market at roughly ₹54.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS ₹1.34 (vs ₹0.57 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.57b (up 75% from 1Q 2021). Net income: ₹118.6m (up 138% from 1Q 2021). Profit margin: 7.6% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹59.90, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 19x in the Basic Materials industry in India. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹53.40, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 21x in the Basic Materials industry in India. Total returns to shareholders of 88% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹3.47 (vs ₹5.14 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹5.74b (down 1.8% from FY 2020). Net income: ₹305.5m (down 32% from FY 2020). Profit margin: 5.3% (down from 7.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 22% share price gain to ₹48.35, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 17% share price gain to ₹42.35, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 26% over the past three years. Aankondiging • Feb 02
Gujarat Sidhee Cement Limited Updates on Its Operations Gujarat Sidhee Cement Limited announced that in compliance with the directions issued by the Central and State Governments to contain the spread of COVID-19 pandemic, the Company had suspended manufacturing operations in its plant from March 24, 2020. The operations were resumed in a phased manner with effect from April 8, 2020 under strict observance of guidelines issued by district administration to mitigate the risk of COVID-19. Aankondiging • Jan 14
Gujarat Sidhee Cement Limited, Annual General Meeting, Feb 22, 2021 Gujarat Sidhee Cement Limited, Annual General Meeting, Feb 22, 2021, at 11:30 Indian Standard Time. Location: at the Registered Office of the Company, Sidheegram, PO Prashnavada BO, Via Sutrapada SO Gir Somnath Gujarat India Agenda: To consider the approval of the Scheme of Amalgamation between Bhadra Textiles and Trading Private Limited (`Transferor Company 1') and Villa Trading Company Private Limited (Transferor Company 2') with Gujarat Sidhee Cement Limited (`Transferee Company') and their respective shareholders and creditors and pursuant to the provisions of Sections 230- 232 other relevant provisions of the Companies Act, 2013 and rules there under. Aankondiging • Jan 10
Gujarat Sidhee Cement Limited to Report Q3, 2021 Results on Feb 01, 2021 Gujarat Sidhee Cement Limited announced that they will report Q3, 2021 results on Feb 01, 2021 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹44.40, the stock is trading at a trailing P/E ratio of 11.9x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 19x in the Basic Materials industry in India. Total returns to shareholders over the past three years are 25%. Is New 90 Day High Low • Jan 08
New 90-day high: ₹44.40 The company is up 41% from its price of ₹31.45 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 23% over the same period. Recent Insider Transactions • Dec 23
Key Executive recently sold ₹1.4m worth of stock On the 21st of December, Virendra Mohnot sold around 36k shares on-market at roughly ₹40.17 per share. This was the largest sale by an insider in the last 3 months. This was Virendra's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 19% share price gain to ₹38.75, the stock is trading at a trailing P/E ratio of 10.4x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 18x in the Basic Materials industry in India. Total returns to shareholders over the past three years are 19%. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 16% share price gain to ₹36.95, the stock is trading at a trailing P/E ratio of 9.9x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 18x in the Basic Materials industry in India. Total returns to shareholders over the past three years are 15%. Is New 90 Day High Low • Dec 03
New 90-day high: ₹36.95 The company is up 33% from its price of ₹27.70 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 26% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹0.55 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹1.29b (up 12% from 2Q 2020). Net income: ₹48.9m (down 41% from 2Q 2020). Profit margin: 3.8% (down from 7.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Oct 23
New 90-day high: ₹34.15 The company is up 13% from its price of ₹30.10 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 18% over the same period. Aankondiging • Oct 16
Gujarat Sidhee Cement Limited to Report Q2, 2021 Results on Nov 09, 2020 Gujarat Sidhee Cement Limited announced that they will report Q2, 2021 results on Nov 09, 2020 Is New 90 Day High Low • Sep 22
New 90-day low: ₹26.70 The company is down 6.0% from its price of ₹28.50 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is flat over the same period. Aankondiging • Jul 26
Gujarat Sidhee Cement Limited to Report Q1, 2021 Results on Aug 04, 2020 Gujarat Sidhee Cement Limited announced that they will report Q1, 2021 results on Aug 04, 2020 