10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Tuesday, December 13, 2011

Madras Cements Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Madras Cements Ltd

Story:Madras Cements' net profit during the second quarter of the current year has more than tripled to Rs 110.88 crore on net sales of Rs 818.99 crore as compared with that of the corresponding quarter last year. But this three times rise could be attributed to the low base. On QoQ, the rise in net profit is more muted at 13%. Cement sales during Q2FY12 was 19 lakh tonnes against 20 lakh tonnes in Q2FY11. Annual production capacity has grown to 14 million tonnes with the addition of 2 million tonnes with a second line in the Ariyalur unit during the quarter. What really helped was the rise in net average realizations (blended) by about 49% on a YoY though it was down QoQ.Sales from the windpower segment dipped 25.3% during the quarter on a YoY. Sale of 23 megawatts worth of wind mills last year and the power cuts in Tamil Nadu led to this drop. It remains one of the lowest cost cement manufacturers in India - power consumption is 83 units per tonne of cement and fuel is 14% of the clinker used. The company is taking steps to secure the power situation with captive thermal generation.At the Ariyalur plant the company has commissioned 40 MW of power generation, and an additional 20 MW will go on stream in January-February 2012. A 25 MW facility is in the pipeline in RR Nagar. Q3 could show some stress as demand is low in South due to monsoon. But it could end FY12 on a much better note.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner