Saurashtra Cement Past Earnings Performance
Past criteria checks 1/6
Saurashtra Cement's earnings have been declining at an average annual rate of -21.1%, while the Basic Materials industry saw earnings growing at 3.6% annually. Revenues have been growing at an average rate of 28.1% per year. Saurashtra Cement's return on equity is 4.4%, and it has net margins of 2.3%.
Key information
-21.1%
Earnings growth rate
-25.0%
EPS growth rate
| Basic Materials Industry Growth | 2.9% |
| Revenue growth rate | 28.1% |
| Return on equity | 4.4% |
| Net Margin | 2.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Saurashtra Cement makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 17,391 | 398 | 1,663 | 0 |
| 30 Sep 23 | 17,348 | 245 | 1,546 | 0 |
| 30 Jun 23 | 16,885 | -142 | 1,465 | 0 |
| 31 Mar 23 | 16,453 | -220 | 1,366 | 0 |
| 31 Dec 22 | 8,649 | -355 | 725 | 0 |
| 30 Sep 22 | 18,398 | -161 | 2,230 | 0 |
| 30 Jun 22 | 8,108 | -99 | 716 | 0 |
| 31 Mar 22 | 14,509 | 231 | 1,280 | 0 |
| 31 Dec 21 | 7,780 | 415 | 1,047 | 0 |
| 30 Sep 21 | 7,923 | 580 | 1,133 | 0 |
| 30 Jun 21 | 7,412 | 769 | 2,609 | 0 |
| 31 Mar 21 | 6,737 | 723 | 603 | 0 |
| 31 Dec 20 | 6,074 | 473 | 661 | 0 |
| 30 Sep 20 | 5,531 | 455 | 573 | 0 |
| 30 Jun 20 | 5,549 | 491 | 426 | 0 |
| 31 Mar 20 | 6,082 | 565 | 618 | 0 |
| 31 Dec 19 | 5,917 | 444 | 616 | 0 |
| 30 Sep 19 | 5,980 | 248 | 628 | 0 |
| 30 Jun 19 | 6,040 | 57 | 488 | 0 |
| 31 Mar 19 | 6,217 | -49 | 641 | 0 |
| 31 Mar 18 | 5,737 | 625 | 602 | 0 |
| 31 Mar 17 | 4,702 | 139 | 528 | 0 |
| 31 Mar 16 | 5,297 | 411 | 616 | 0 |
| 31 Mar 15 | 5,627 | 667 | 560 | 0 |
| 31 Mar 14 | 5,314 | 200 | 1,362 | 0 |
Quality Earnings: SAURASHCEM has a large one-off loss of ₹190.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SAURASHCEM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SAURASHCEM's earnings have declined by 21.1% per year over the past 5 years.
Accelerating Growth: SAURASHCEM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SAURASHCEM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (36.8%).
Return on Equity
High ROE: SAURASHCEM's Return on Equity (4.4%) is considered low.