Orient Cement - Enhanced Performance; De-Levering Balance Sheet: Anand Rathi
Cement concrete sits in a container at a construction site. (Photographer: Brent Lewin/Bloomberg)

Orient Cement - Enhanced Performance; De-Levering Balance Sheet: Anand Rathi


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

With capacity utilisation in March 2021 at over 100%, Orient Cements Ltd.'s performance was robust, aided by firm prices and cost optimisation.

The de-levering exercise continued healthy cashflow generation and improved working capital.

The company targets a 3.5 million tonne capacity expansion to 11.5 million tonne by FY24.

Despite rising input costs, profitability is expected to be firm.

Risks: Rising pet-coke/diesel prices, demand slowdown.

Click on the attachment to read the full report:

Anand Rathi Orient Cement Company Update.pdf


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