Aankondiging • Jun 06
Sagar Cements Limited (BSE:502090) agreed to acquire remaining 25% stake in Andhra Cements Limited (BSE:532141) for INR 1.2 billion. Sagar Cements Limited (BSE:502090) agreed to acquire remaining 25% stake in Andhra Cements Limited (BSE:532141) for INR 1.2 billion on June 5, 2026. The consideration consists of common equity of Sagar Cements Limited at a ratio of 0.2959 per common equity of Andhra Cements Limited. As part of consideration, an undisclosed value is paid towards common equity of Andhra Cements Limited. Upon completion, Sagar Cements Limited will own 100% stake in Andhra Cements Limited.
The transaction received approval of merger agreement by target board and approval of offer by acquirer board.
Anand Rathi Financial Services Limited acted as fairness opinion provider for Sagar Cements Limited. Reported Earnings • May 16
Full year 2026 earnings released: EPS: ₹17.29 (vs ₹16.50 loss in FY 2025) Full year 2026 results: EPS: ₹17.29 (up from ₹16.50 loss in FY 2025). Revenue: ₹4.52b (up 65% from FY 2025). Net loss: ₹671.6m (loss narrowed 56% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Aankondiging • May 14
Andhra Cements Limited, Annual General Meeting, Jun 25, 2026 Andhra Cements Limited, Annual General Meeting, Jun 25, 2026. Aankondiging • May 04
Andhra Cements Limited to Report Q4, 2026 Results on May 13, 2026 Andhra Cements Limited announced that they will report Q4, 2026 results on May 13, 2026 Reported Earnings • Jan 22
Third quarter 2026 earnings released: ₹4.79 loss per share (vs ₹4.74 loss in 3Q 2025) Third quarter 2026 results: ₹4.79 loss per share (further deteriorated from ₹4.74 loss in 3Q 2025). Revenue: ₹1.11b (up 67% from 3Q 2025). Net loss: ₹441.4m (flat on 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Aankondiging • Jan 13
Andhra Cements Limited to Report Q3, 2026 Results on Jan 21, 2026 Andhra Cements Limited announced that they will report Q3, 2026 results on Jan 21, 2026 New Risk • Jan 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹1.5b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₹1.5b free cash flow). Minor Risk Market cap is less than US$100m (₹6.67b market cap, or US$74.0m). Aankondiging • Jan 08
Andhra Cements Limited has filed a Follow-on Equity Offering. Andhra Cements Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rule 144A Reported Earnings • Oct 24
Second quarter 2026 earnings released: ₹4.55 loss per share (vs ₹3.78 loss in 2Q 2025) Second quarter 2026 results: ₹4.55 loss per share (further deteriorated from ₹3.78 loss in 2Q 2025). Revenue: ₹784.4m (up 43% from 2Q 2025). Net loss: ₹419.2m (loss widened 20% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Aankondiging • Oct 15
Andhra Cements Limited to Report Q2, 2026 Results on Oct 23, 2025 Andhra Cements Limited announced that they will report Q2, 2026 results on Oct 23, 2025 New Risk • Sep 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₹250m free cash flow). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Jul 22
First quarter 2026 earnings released: ₹3.21 loss per share (vs ₹2.56 loss in 1Q 2025) First quarter 2026 results: ₹3.21 loss per share (further deteriorated from ₹2.56 loss in 1Q 2025). Revenue: ₹1.01b (up 59% from 1Q 2025). Net loss: ₹296.2m (loss widened 26% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Aankondiging • Jul 11
Andhra Cements Limited to Report Q1, 2025 Results on Jul 21, 2025 Andhra Cements Limited announced that they will report Q1, 2025 results on Jul 21, 2025 Reported Earnings • May 14
Full year 2025 earnings released: ₹16.50 loss per share (vs ₹7.12 loss in FY 2024) Full year 2025 results: ₹16.50 loss per share (further deteriorated from ₹7.12 loss in FY 2024). Revenue: ₹2.82b (up 5.0% from FY 2024). Net loss: ₹1.52b (loss widened 132% from FY 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Aankondiging • May 13
Andhra Cements Limited, Annual General Meeting, Jun 30, 2025 Andhra Cements Limited, Annual General Meeting, Jun 30, 2025. Aankondiging • May 03
Andhra Cements Limited to Report Q4, 2025 Results on May 12, 2025 Andhra Cements Limited announced that they will report Q4, 2025 results on May 12, 2025 Reported Earnings • Jan 25
Third quarter 2025 earnings released: ₹4.74 loss per share (vs ₹2.30 loss in 3Q 2024) Third quarter 2025 results: ₹4.74 loss per share (further deteriorated from ₹2.30 loss in 3Q 2024). Revenue: ₹682.8m (down 30% from 3Q 2024). Net loss: ₹437.3m (loss widened 106% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Aankondiging • Jan 09
Andhra Cements Limited to Report Q3, 2025 Results on Jan 24, 2025 Andhra Cements Limited announced that they will report Q3, 2025 results on Jan 24, 2025 Reported Earnings • Oct 26
Second quarter 2025 earnings released: ₹3.78 loss per share (vs ₹0.11 loss in 2Q 2024) Second quarter 2025 results: ₹3.78 loss per share (further deteriorated from ₹0.11 loss in 2Q 2024). Revenue: ₹561.5m (down 14% from 2Q 2024). Net loss: ₹348.8m (loss widened ₹339.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Aankondiging • Oct 15
Andhra Cements Limited to Report Q2, 2025 Results on Oct 23, 2024 Andhra Cements Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Oct 23, 2024 New Risk • Aug 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.36b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₹1.4b free cash flow). Minor Risk Market cap is less than US$100m (₹8.36b market cap, or US$99.7m). Aankondiging • Jul 10
Andhra Cements Limited to Report Q1, 2025 Results on Jul 18, 2024 Andhra Cements Limited announced that they will report Q1, 2025 results on Jul 18, 2024 Aankondiging • Jun 05
Andhra Cements Limited, Annual General Meeting, Jun 26, 2024 Andhra Cements Limited, Annual General Meeting, Jun 26, 2024, at 11:30 Indian Standard Time. Aankondiging • May 08
Andhra Cements Limited to Report Q4, 2024 Results on May 14, 2024 Andhra Cements Limited announced that they will report Q4, 2024 results on May 14, 2024 New Risk • Mar 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.96b (US$96.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹7.96b market cap, or US$96.1m). Aankondiging • Dec 30
Andhra Cements Limited to Report Q3, 2024 Results on Jan 24, 2024 Andhra Cements Limited announced that they will report Q3, 2024 results on Jan 24, 2024 New Risk • Oct 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 175% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (175% accrual ratio). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Aankondiging • Sep 28
Andhra Cements Limited to Report Q2, 2024 Results on Oct 19, 2023 Andhra Cements Limited announced that they will report Q2, 2024 results on Oct 19, 2023 Aankondiging • Jul 29
Andhra Cements Limited to Report Q1, 2024 Results on Jul 27, 2023 Andhra Cements Limited announced that they will report Q1, 2024 results at 11:30 AM, Indian Standard Time on Jul 27, 2023 New Risk • Jun 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.72b (US$94.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (220% accrual ratio). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₹7.72b market cap, or US$94.2m). Aankondiging • May 16
Andhra Cements Limited, Annual General Meeting, Jun 05, 2023 Andhra Cements Limited, Annual General Meeting, Jun 05, 2023, at 15:00 Indian Standard Time. Agenda: To receive, consider, approve and adopt the Audited Financial Statements of the company for the financial year ended 31st March, 2023; to appoint Shri. S. Sreekanth Reddy as a Director; to appoint statutory auditors of the company to fill the casual vacancy; to appoint Dr. S. Anand Reddy as a Director; To appoint Shri. S. Sreekanth Reddy as a Director; and To appoint Smt. S. Rachana as a Director. Board Change • May 10
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Ravichandran Rajagopal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 02
Andhra Cements Limited to Report Q3, 2023 Results on Feb 09, 2023 Andhra Cements Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Jun 05
Full year 2022 earnings released: ₹8.05 loss per share (vs ₹6.99 loss in FY 2021) Full year 2022 results: ₹8.05 loss per share (down from ₹6.99 loss in FY 2021). Net loss: ₹2.36b (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Reported Earnings • Jun 29
Full year 2021 earnings released: ₹6.99 loss per share (vs ₹5.73 loss in FY 2020) Full year 2021 results: Net loss: ₹2.05b (loss widened 22% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹1.73 loss per share (vs ₹1.65 loss in 3Q 2020) Third quarter 2021 results: Net loss: ₹507.4m (loss widened 4.8% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 02
New 90-day high: ₹5.55 The company is up 7.0% from its price of ₹5.20 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 26% over the same period. Is New 90 Day High Low • Oct 09
New 90-day low: ₹4.60 The company is down 33% from its price of ₹6.90 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 11% over the same period. 