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ORIE

Orient CementNSEI:ORIENTCEM Stock Report

Market Cap

₹32.3b

7D

-2.0%

1Y

120.2%

Updated

27 Nov, 2021

Data

Company Financials
ORIENTCEM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health3/6
Dividends2/6

ORIENTCEM Stock Overview

Orient Cement Limited manufactures and sells cement in India.

Orient Cement Competitors

UltraTech Cement

NSEI:ULTRACEMCO

₹2.1t

Shree Cement

NSEI:SHREECEM

₹936.1b

Ambuja Cements

BSE:500425

₹739.5b

ACC

NSEI:ACC

₹434.1b

Price History & Performance

Summary of all time highs, changes and price drops for Orient Cement
Historical stock prices
Current Share Price₹157.80
52 Week High₹185.55
52 Week Low₹71.70
Beta0.91
1 Month Change-1.68%
3 Month Change3.21%
1 Year Change120.24%
3 Year Change101.15%
5 Year Change20.05%
Change since IPO176.84%

Recent News & Updates

Nov 01
We Think Orient Cement (NSE:ORIENTCEM) Can Stay On Top Of Its Debt

We Think Orient Cement (NSE:ORIENTCEM) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jun 03
Orient Cement's (NSE:ORIENTCEM) Upcoming Dividend Will Be Larger Than Last Year's

Orient Cement's (NSE:ORIENTCEM) Upcoming Dividend Will Be Larger Than Last Year's

Orient Cement Limited's ( NSE:ORIENTCEM ) dividend will be increasing to ₹1.50 on 4th of September. This will take the...

Shareholder Returns

ORIENTCEMIN Basic MaterialsIN Market
7D-2.0%-4.9%-3.3%
1Y120.2%46.6%43.0%

Return vs Industry: ORIENTCEM exceeded the Indian Basic Materials industry which returned 46.6% over the past year.

Return vs Market: ORIENTCEM exceeded the Indian Market which returned 43% over the past year.

Price Volatility

Is ORIENTCEM's price volatile compared to industry and market?
ORIENTCEM volatility
ORIENTCEM Average Weekly Movement4.9%
Basic Materials Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: ORIENTCEM is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ORIENTCEM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19791,204Desh Khetrapalhttps://orientcement.com

Orient Cement Limited manufactures and sells cement in India. It offers pozzolana and ordinary Portland cement under the Birla A1 brand name.

Orient Cement Fundamentals Summary

How do Orient Cement's earnings and revenue compare to its market cap?
ORIENTCEM fundamental statistics
Market Cap₹32.29b
Earnings (TTM)₹3.00b
Revenue (TTM)₹27.40b

10.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ORIENTCEM income statement (TTM)
Revenue₹27.40b
Cost of Revenue₹9.67b
Gross Profit₹17.73b
Expenses₹14.73b
Earnings₹3.00b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)14.65
Gross Margin64.72%
Net Profit Margin10.95%
Debt/Equity Ratio41.9%

How did ORIENTCEM perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is Orient Cement undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ORIENTCEM (₹157.8) is trading below our estimate of fair value (₹369.94)

Significantly Below Fair Value: ORIENTCEM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ORIENTCEM is good value based on its PE Ratio (10.8x) compared to the Indian Basic Materials industry average (16.2x).

PE vs Market: ORIENTCEM is good value based on its PE Ratio (10.8x) compared to the Indian market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ORIENTCEM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ORIENTCEM is overvalued based on its PB Ratio (2.3x) compared to the IN Basic Materials industry average (1.4x).


Future Growth

How is Orient Cement forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Materials industry annual growth in earnings


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 Orient Cement 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 SimplyWall St do have past financial data.


Past Performance

How has Orient Cement performed over the past 5 years?

60.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ORIENTCEM has high quality earnings.

Growing Profit Margin: ORIENTCEM's current net profit margins (11%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: ORIENTCEM has become profitable over the past 5 years, growing earnings by 60.8% per year.

Accelerating Growth: ORIENTCEM's earnings growth over the past year (203.7%) exceeds its 5-year average (60.8% per year).

Earnings vs Industry: ORIENTCEM earnings growth over the past year (203.7%) exceeded the Basic Materials industry 79.9%.


Return on Equity

High ROE: ORIENTCEM's Return on Equity (21.1%) is considered high.


Financial Health

How is Orient Cement's financial position?


Financial Position Analysis

Short Term Liabilities: ORIENTCEM's short term assets (₹4.4B) do not cover its short term liabilities (₹4.4B).

Long Term Liabilities: ORIENTCEM's short term assets (₹4.4B) do not cover its long term liabilities (₹8.5B).


Debt to Equity History and Analysis

Debt Level: ORIENTCEM's net debt to equity ratio (41.5%) is considered high.

Reducing Debt: ORIENTCEM's debt to equity ratio has reduced from 142.1% to 41.9% over the past 5 years.

Debt Coverage: ORIENTCEM's debt is well covered by operating cash flow (91.9%).

Interest Coverage: ORIENTCEM's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Dividend

What is Orient Cement current dividend yield, its reliability and sustainability?

1.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ORIENTCEM's dividend (1.27%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: ORIENTCEM's dividend (1.27%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).


Stability and Growth of Payments

Stable Dividend: ORIENTCEM has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ORIENTCEM's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.7%), ORIENTCEM's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Desh Khetrapal (66 yo)

no data

Tenure

₹70,831,820

Compensation

Mr. Desh Deepak Khetrapal serves as the Chief Executive Officer of Orient Cement Limited and has been its Managing Director since April 2, 2012. Mr. Khetrapal serves as Non-Executive Vice Chairman at Orien...


CEO Compensation Analysis

Compensation vs Market: Desh's total compensation ($USD943.77K) is above average for companies of similar size in the Indian market ($USD296.27K).

Compensation vs Earnings: Desh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ORIENTCEM's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: ORIENTCEM's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Orient Cement Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Orient Cement Limited
  • Ticker: ORIENTCEM
  • Exchange: NSEI
  • Founded: 1979
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹32.287b
  • Shares outstanding: 204.87m
  • Website: https://orientcement.com

Number of Employees


Location

  • Orient Cement Limited
  • Birla Tower
  • 3rd Floor
  • New Delhi
  • Delhi
  • 110001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 12:06
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.