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Andhra Cements Ltd share price logo

Andhra Cements Ltd

(ACL)

₹79.10.11%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Andhra Cements Ltd Performance

  • Day's Low

    Day's High

    ₹78.32
    ₹80.49
  • 52 Week's Low

    52 Week's High

    ₹76
    ₹139.2
1 Month Return-9.32 %
3 Month Return-16.38 %
1 Year Return-16.96 %
Previous Close₹79.01
Open₹79.50
Volume21.35K
Upper Circuit-
Lower Circuit-
Market Cap₹728.25Cr

Andhra Cements Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹728.25 Cr
P/B Ratio2.42
EPS0
Dividend Yield0
SectorCement
ROE0

Andhra Cements Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹728.25 Cr159.77%0.85NANA
NA₹1,219.79 Cr53.11%0.51₹87 Cr₹792 Cr
NA₹326.35 Cr86.42%0.83NANA
SELL₹10,995.15 Cr69.45%0.69-₹216 Cr₹5,112 Cr
BUY₹6,991.51 Cr17.66%0.53₹295 Cr₹2,910 Cr

About Andhra Cements Ltd

Andhra Cement Ltd, formerly known as Andhra Cement Company Ltd, was incorporated in 1936 and owned by the Sadu Jain group, producing and marketing cement under the name Durga Prasad. In 1940, the company’s first unit was established in Vijayawada. Over time, the capacity was extended in 3 stages and reached 2.4 lac tpa in 1987. The company obtained a letter of intent to produce 2.5 lac tpa of cement at Durga Cement Works in Nadikunde. An investment plan of Rs. 63 crs. including modernisation of the Vijayawada and Vizag units was financed in the form of term loans from financial institutions and banks. In 1994, BIFR approved the rehabilitation plan of Rs. 79.81 crore which involved the change in ownership of the company in favour of Duncan Goenka Group. In 2001, BIFR declared the scheme as failed and IDBI appointed as the Operating Agency. Cement production in the year 1997-98 was 6.58 lac MT as compared to 6.28 lac MT in the previous year and it was also certified with ISO 9002 in 2000. IDBI was asked to invite offers for takeover/leasing/amalgamation/merger of the company for its rehabilitation with or without one-time settlement of the dues of FIs and banks as per the SICA Special Provision 1985.

The summary highlights the history and operations of Andhra Cement Ltd. with special focus on the investment plan, BIFRs approved rehabilitation scheme and the subsequent failure of the same. It also mentions the increase in production year-on-year and the ISO certification received in 2000. It concludes by stating the current situation where IDBI has been asked to invite offers for takeover of the company.

Share Price: ₹79.10 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹728.25Cr as of today
Listing date: 17 May, 1995
Chairperson Name: K V Vishnu Raju
OrganisationAndhra Cements Ltd
HeadquartersHyderabad
IndustryCement
E-voting on sharesClick here to vote

Key events for Andhra Cements Ltd

  • Andhra Cement Reports Significant Decline in Sales - 24 Oct, 2024

    Andhra Cement's standalone net sales for September 2024 fell by 15.79% year-on-year to Rs 54.86 crore. The company reported a net loss of Rs 34.88 crore, a drastic increase from the previous year's profit. EBITDA also turned negative at Rs 8.97 crore. The stock closed at Rs 87.23, reflecting a -2.04% return over the last six months and -6.25% over the past year.

  • Andhra Cements Stock Surges on Rights Issue Announcement - 01 Oct, 2024

    Andhra Cements shares reached a 10% upper circuit limit after the company filed a draft to raise Rs 180 crore through a rights issue. The board approved the proposal, allowing current shareholders to purchase additional shares.

Insights on Andhra Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 9.66% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 90.00% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, ACL stock has moved down by -17.0%

Andhra Cements Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹1,101.81Cr (-)₹870.70Cr (↓20.98%)₹1,072.21Cr (↑23.14%)₹1,242.12Cr (↑15.85%)
Total Liabilities₹1,782.11Cr (-)₹1,787.30Cr (↑0.29%)₹716.97Cr (↓59.89%)₹945.31Cr (↑31.85%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹117.34Cr (-)₹118.55Cr (↑1.03%)₹150.91Cr (↑27.30%)-₹1.01Cr (↓100.67%)-₹26.72Cr (↑2,545.54%)
0

Andhra Cements Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
90%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
9.66%
0.00
Others
0.34%
0.00

Andhra Cements Ltd Key Indicators

Details2023
Return On Equity %21.53

Andhra Cements Ltd Earnings and Dividends

  • Andhra Cements Ltd Earnings Results

    Andhra Cements Ltd’s net profit fell -3459.18% since last year same period to ₹-34.88Cr in the Q2 2024-2025. On a quarterly growth basis, Andhra Cements Ltd has generated -47.86% fall in its net profits since last 3-months.

    Read More about Earnings Results

Andhra Cements Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Andhra Cements Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Andhra Cements Ltd (ACL) share price today is ₹79.1

Andhra Cements Ltd is listed on NSE

Andhra Cements Ltd is listed on BSE

  • Today’s highest price of Andhra Cements Ltd is ₹80.49.
  • Today’s lowest price of Andhra Cements Ltd is ₹78.32.

Today’s traded volume of Andhra Cements Ltd(ACL) is 21.35K.

Today’s market capitalisation of Andhra Cements Ltd(ACL) is ₹728.25Cr.

Andhra Cements Ltd(ACLPrice
52 Week High
₹139.2
52 Week Low
₹76

Andhra Cements Ltd(ACL) share price is ₹79.1. It is down -43.18% from its 52 Week High price of ₹139.2

Andhra Cements Ltd(ACL) share price is ₹79.1. It is up 4.08% from its 52 Week Low price of ₹76

Andhra Cements Ltd(ACLReturns
1 Day Returns
0.09%
1 Month Returns
-9.32%
3 Month Returns
-16.38%
1 Year Returns
-16.96%