Loading...

Panyam Cements & Mineral Industries

BSE:500322
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
500322
BSE
₹141M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Panyam Cements & Mineral Industries Limited manufactures and sells cement in India. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Panyam Cements & Mineral Industries has significant price volatility in the past 3 months.
500322 Share Price and Events
7 Day Returns
0%
BSE:500322
-1.1%
IN Basic Materials
-0.7%
IN Market
1 Year Returns
-67.5%
BSE:500322
6.5%
IN Basic Materials
-1.6%
IN Market
500322 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Panyam Cements & Mineral Industries (500322) 0% -5.8% -17.1% -67.5% -87.1% -79.1%
IN Basic Materials -1.1% 3.2% 8.4% 6.5% 26.1% 66%
IN Market -0.7% 3.6% 0.5% -1.6% 32.8% 41.7%
1 Year Return vs Industry and Market
  • 500322 underperformed the Basic Materials industry which returned 6.5% over the past year.
  • 500322 underperformed the Market in India which returned -1.6% over the past year.
Price Volatility
500322
Industry
5yr Volatility vs Market
Related Companies

500322 Value

 Is Panyam Cements & Mineral Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Panyam Cements & Mineral Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Panyam Cements & Mineral Industries.

BSE:500322 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:500322
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.872 (1 + (1- 35%) (592.35%))
3.164
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for BSE:500322 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Panyam Cements & Mineral Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:500322 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 268.03 Est @ 9.29% 214.85
2020 291.53 Est @ 8.77% 187.33
2021 316.02 Est @ 8.4% 162.78
2022 341.77 Est @ 8.15% 141.11
2023 369.00 Est @ 7.97% 122.13
2024 397.93 Est @ 7.84% 105.58
2025 428.79 Est @ 7.75% 91.19
2026 461.78 Est @ 7.69% 78.72
2027 497.11 Est @ 7.65% 67.93
2028 534.99 Est @ 7.62% 58.61
Present value of next 10 years cash flows ₹1,230.23
BSE:500322 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹534.99 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹3,345.24
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹3,345.24 ÷ (1 + 24.75%)10
₹366.46
BSE:500322 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹1,230.23 + ₹366.46
₹1,596.69
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,596.69 / 16.86
₹94.7
BSE:500322 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹94.70
Current discount Discount to share price of ₹8.36
= -1 x (₹8.36 - ₹94.70) / ₹94.70
91.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Panyam Cements & Mineral Industries is available for.
Intrinsic value
>50%
Share price is ₹8.36 vs Future cash flow value of ₹94.7
Current Discount Checks
For Panyam Cements & Mineral Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Panyam Cements & Mineral Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Panyam Cements & Mineral Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Panyam Cements & Mineral Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Panyam Cements & Mineral Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:500322 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-39.97
BSE:500322 Share Price ** BSE (2019-06-10) in INR ₹8.36
India Basic Materials Industry PE Ratio Median Figure of 52 Publicly-Listed Basic Materials Companies 25.86x
India Market PE Ratio Median Figure of 2,826 Publicly-Listed Companies 15.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Panyam Cements & Mineral Industries.

BSE:500322 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:500322 Share Price ÷ EPS (both in INR)

= 8.36 ÷ -39.97

-0.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panyam Cements & Mineral Industries is loss making, we can't compare its value to the IN Basic Materials industry average.
  • Panyam Cements & Mineral Industries is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Panyam Cements & Mineral Industries's expected growth come at a high price?
Raw Data
BSE:500322 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Basic Materials Industry PEG Ratio Median Figure of 22 Publicly-Listed Basic Materials Companies 1.56x
India Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Panyam Cements & Mineral Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Panyam Cements & Mineral Industries's assets?
Raw Data
BSE:500322 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹-48.10
BSE:500322 Share Price * BSE (2019-06-10) in INR ₹8.36
India Basic Materials Industry PB Ratio Median Figure of 64 Publicly-Listed Basic Materials Companies 1.29x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 1x
BSE:500322 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:500322 Share Price ÷ Book Value per Share (both in INR)

= 8.36 ÷ -48.10

-0.17x

* Primary Listing of Panyam Cements & Mineral Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panyam Cements & Mineral Industries has negative assets, we can't compare the value of its assets to the IN Basic Materials industry average.
X
Value checks
We assess Panyam Cements & Mineral Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. Panyam Cements & Mineral Industries has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

500322 Future Performance

 How is Panyam Cements & Mineral Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panyam Cements & Mineral Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.5%
Expected Basic Materials industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Panyam Cements & Mineral Industries expected to grow at an attractive rate?
  • Unable to compare Panyam Cements & Mineral Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Panyam Cements & Mineral Industries's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Panyam Cements & Mineral Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:500322 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 24.5%
India Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 10%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:500322 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:500322 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 694 -674
2018-12-31 948 -676
2018-09-30 1,125 -620
2018-06-30 1,373 -469
2018-03-31 1,661 348 -314
2017-12-31 1,931 -76
2017-09-30 2,210 47
2017-06-30 2,280 86
2017-03-31 2,081 -50 -3
2016-12-31 2,049 44
2016-09-30 1,862 1
2016-06-30 1,810 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Panyam Cements & Mineral Industries is high growth as no earnings estimate data is available.
  • Unable to determine if Panyam Cements & Mineral Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:500322 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Panyam Cements & Mineral Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:500322 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -39.97
2018-12-31 -38.61
2018-09-30 -35.57
2018-06-30 -27.39
2018-03-31 -18.65
2017-12-31 -4.73
2017-09-30 2.95
2017-06-30 5.35
2017-03-31 -0.20
2016-12-31 2.73
2016-09-30 0.04
2016-06-30 -0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Panyam Cements & Mineral Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 500322’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Panyam Cements & Mineral Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Panyam Cements & Mineral Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Panyam Cements & Mineral Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Panyam Cements & Mineral Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

500322 Past Performance

  How has Panyam Cements & Mineral Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Panyam Cements & Mineral Industries's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Panyam Cements & Mineral Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Panyam Cements & Mineral Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Panyam Cements & Mineral Industries's 1-year growth to the IN Basic Materials industry average as it is not currently profitable.
Earnings and Revenue History
Panyam Cements & Mineral Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Panyam Cements & Mineral Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:500322 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 694.36 -673.93 120.59
2018-12-31 948.11 -675.64 141.10
2018-09-30 1,125.22 -619.73 143.58
2018-06-30 1,372.53 -468.66 146.57
2018-03-31 1,660.66 -314.38 148.69
2017-12-31 1,930.89 -75.86 148.75
2017-09-30 2,210.01 46.71 148.35
2017-06-30 2,279.66 85.53 171.41
2017-03-31 2,080.80 -3.23 136.54
2016-12-31 2,049.04 43.74 127.16
2016-09-30 1,862.13 0.67 120.36
2016-06-30 1,810.21 -7.29 -1.17
2016-03-31 2,125.50 106.57 116.28
2015-12-31 2,178.55 136.48 224.79
2015-09-30 2,000.89 73.50 217.96
2015-06-30 1,577.34 2.94 208.76
2015-03-31 889.83 -151.82 78.91
2014-12-31 344.51 -18.08 189.14
2014-09-30 92.55 -29.81 187.59
2014-06-30 263.07 -48.47 76.32
2014-03-31 476.51 -42.85 198.30
2013-12-31 599.88 -281.57 290.59
2013-09-30 802.84 -241.79 295.64
2013-06-30 825.03 98.94 91.28
2013-03-31 1,022.60 174.60 297.71
2012-12-31 1,359.47 216.99 380.54
2012-09-30 1,572.65 272.38 376.92
2012-06-30 1,733.47 44.40 378.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Panyam Cements & Mineral Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Panyam Cements & Mineral Industries has efficiently used its assets last year compared to the IN Basic Materials industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Panyam Cements & Mineral Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Panyam Cements & Mineral Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Panyam Cements & Mineral Industries has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

500322 Health

 How is Panyam Cements & Mineral Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Panyam Cements & Mineral Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Panyam Cements & Mineral Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Panyam Cements & Mineral Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Panyam Cements & Mineral Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Panyam Cements & Mineral Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Panyam Cements & Mineral Industries Company Filings, last reported 2 months ago.

BSE:500322 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -810.72 834.97 25.68
2018-12-31 -444.92 964.05 25.34
2018-09-30 -444.92 964.05 25.34
2018-06-30 -136.68 1,066.45 29.16
2018-03-31 -136.68 1,344.04 7.35
2017-12-31 354.63 1,297.79 826.46
2017-09-30 354.63 1,297.79 826.46
2017-06-30 365.15 1,365.10 519.14
2017-03-31 170.61 1,350.93 19.14
2016-12-31
2016-09-30
2016-06-30
2016-03-31 269.25 679.63 65.50
2015-12-31 238.53 500.82 29.56
2015-09-30 238.53 500.82 29.56
2015-06-30 144.58 994.86 27.99
2015-03-31 144.58 994.86 27.99
2014-12-31 167.00 954.77 25.15
2014-09-30 167.00 954.77 25.15
2014-06-30 298.37 900.46 23.82
2014-03-31 298.37 1,078.61 23.82
2013-12-31 196.54 771.00 30.86
2013-09-30 196.54 771.00 30.86
2013-06-30 340.95 652.74 14.03
2013-03-31 340.95 881.98 14.03
2012-12-31 438.06 702.66 88.12
2012-09-30 438.06 702.66 88.12
2012-06-30
  • Panyam Cements & Mineral Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Panyam Cements & Mineral Industries's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Panyam Cements & Mineral Industries has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Panyam Cements & Mineral Industries has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.5% per year.
X
Financial health checks
We assess Panyam Cements & Mineral Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Panyam Cements & Mineral Industries has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

500322 Dividends

 What is Panyam Cements & Mineral Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Panyam Cements & Mineral Industries dividends.
If you bought ₹2,000 of Panyam Cements & Mineral Industries shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Panyam Cements & Mineral Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Panyam Cements & Mineral Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:500322 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 41 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Panyam Cements & Mineral Industries has not reported any payouts.
  • Unable to verify if Panyam Cements & Mineral Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Panyam Cements & Mineral Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Panyam Cements & Mineral Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Panyam Cements & Mineral Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Panyam Cements & Mineral Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Panyam Cements & Mineral Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

500322 Management

 What is the CEO of Panyam Cements & Mineral Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sajjala Reddy
COMPENSATION ₹1,800,000
AGE 42
CEO Bio

Mr. Sajjala Sreedhar Reddy, B.Tech. serves as the Managing Director at Panyam Cements & Mineral Industries Ltd. and has been its Director since August 18, 2004. He served as the Chairman of Panyam Cements & Mineral Industries Limited until March 30, 2019.

CEO Compensation
  • Sajjala's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sajjala's remuneration is higher than average for companies of similar size in India.
Management Team

Sajjala Reddy

TITLE
MD & Director
COMPENSATION
₹2M
AGE
42

Settipalle Reddy

TITLE
Chief Financial Officer
COMPENSATION
₹1M
TENURE
4.3 yrs

Divya Yadav

TITLE
Company Secretary & Compliance Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Panyam Cements & Mineral Industries board of directors in years:

4.8
Average Tenure
72
Average Age
  • The tenure for the Panyam Cements & Mineral Industries board of directors is about average.
Board of Directors

Pedireddygari Reddy

TITLE
Chairman
AGE
72
TENURE
0.3 yrs

Sajjala Reddy

TITLE
MD & Director
COMPENSATION
₹2M
AGE
42
TENURE
14.8 yrs

Vemuri Rani

TITLE
Director
AGE
39
TENURE
4.8 yrs

Surathu Rao

TITLE
Independent Director
AGE
72
TENURE
3.6 yrs

Ramakrishna K. Sunkara

TITLE
Non-Executive Director
AGE
72
TENURE
24.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Panyam Cements & Mineral Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Panyam Cements & Mineral Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

500322 News

Simply Wall St News

500322 Company Info

Description

Panyam Cements & Mineral Industries Limited manufactures and sells cement in India. The company offers ordinary Portland, Portland Pozzolana, and Portland slag cements. Its products are used in irrigation and power projects, as well as in the construction of multi-storied buildings, concrete roads, and various housing colonies and townships. The company was founded in 1955 and is based in Hyderabad, India.

Details
Name: Panyam Cements & Mineral Industries Limited
500322
Exchange: BSE
Founded: 1955
₹140,959,623
16,861,199
Website: http://www.panyamcements.com
Address: Panyam Cements & Mineral Industries Limited
Plot No: 188, Kamalapuri Colony,
1st Floor,
Hyderabad,
Andhra Pradesh, 500073,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 500322 Equity Shares Mumbai Stock Exchange IN INR 26. Oct 2006
Number of employees
Current staff
Staff numbers
610
Panyam Cements & Mineral Industries employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 12:47
End of day share price update: 2019/06/10 00:00
Last earnings filing: 2019/06/06
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.