More about The India Cements Limited
Fundamentals for The India Cements Limited
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Fundamentals for The India Cements Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
The India Cements Limited produces and sells cement and cement related products in India. It offers cement and allied products under the Conkrete Super King, Coromandel King, Sankar Super Power, Raasi Gold, Halo Super King brands; and ready mix concrete. The company also engages in the sale of coal; real estate activities; and construction and infrastructure projects; generation of power from windmills and thermal power plants; and provision of ship hiring services; as well as production and sale of clinker products. It exports its products. The company was incorporated in 1946 and is based in Chennai, India. As of December 24, 2024, The India Cements Limited operates as subsidiary of UltraTech Cement Limited.
Revenue projections:
With INDIACEM's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 1.00600 |
|---|---|
| forwardPE | 23.42262 |
| debtToEquity | 12.88800 |
| earningsGrowth | 2.76400 |
| revenueGrowth | 0.04800 |
| grossMargins | 0.29870 |
| operatingMargins | 0.08218 |
| trailingEps | -2.18000 |
| forwardEps | 16.80000 |
INDIACEM's current ratio of 1.006, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as INDIACEM has enough cash and current assets to handle its immediate liabilities comfortably.
INDIACEM's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
The India Cements Limited's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
Price projections:
Price projections for INDIACEM have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for INDIACEM's growth and market performance.
Insider Transactions:
5 separate sales of INDIACEM shares were executed, with the market price hovering at 400.6.During the review period, no sell transactions were executed.The trend of more buys than sells at The India Cements Limited's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.
Recommendation changes over time:
Analysts have developed a sell bias for INDIACEM, urging caution for investors. It's essential to base investment decisions on multiple market indicators to avoid hasty conclusions. Relying on a broader scope of information will provide a more accurate assessment of INDIACEM's overall potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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