INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on India Cements Ltd
with a target price of Rs 86
The current market price of India Cements Ltd
Time period given by the analyst is Intra Day when India Cements Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 77
India Cements Ltd., incorporated in 1946, is a midcap companywith a market cap of Rs
2492.78 crore.
India Cements Ltd
key Products/Revenue Segments include Cement which contributed Rs 5175.29 Crore to Sales Value (96.90 % of Total Sales), Ready Mix Concrete
which contributed Rs 92.86 Crore to Sales Value (1.73 % of Total Sales), Other Operating Revenue which contributed Rs 17.34 Crore to Sales
Value (0.32 % of Total Sales), Power Generation which contributed Rs 16.89 Crore to Sales Value (0.31 % of Total Sales), Traded Goods which
contributed Rs 14.54 Crore to Sales Value (0.27 % of Total Sales), Income From Construction Work which contributed Rs 9.97 Crore to Sales
Value (0.18 % of Total Sales), Clinker which contributed Rs 6.46 Crore to Sales Value (0.12 % of Total Sales), Cement (White) which
contributed Rs 5.89 Crore to Sales Value (0.11 % of Total Sales) and Thermal Power which contributed Rs 1.48 Crore to Sales Value (0.02 % of
Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 1316.30 Crore, down -5.10 % from last quarter Sales of
Rs 1387.05 Crore and up 8.51 % from last year same quarter Sales of Rs 1213.08 Crore Company has reported net profit after tax of Rs 3.13
Srinivasan, Mr.S Balasubramanian Adityan, Mr.V Ranganathan, Mr.V Venkatakrishnan, Mrs.Chitra Srinivasan, Mrs.Rupa Gurunath, Ms.Lakshmi
Aparna Sreekumar, Ms.Sandhya Rajan
Company has S Viswanathan LLP as its auditoRs As on 31-12-2018, the company has a total of 309,662,201 shares outstanding
