Cement (Q3FY23 Results Preview): Decent volume offtake, recovery in profitability
We estimate that our coverage universe of 15 companies will deliver 10/8% YoY/QoQ volume growth (three-year CAGR: +6%) in Q3FY23
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Cement Q3fy23 Preview - Cost Pressure to Ease, Demand Outlook Encouraging
Traditionally, H2 (second half of the year) stands out to be a favourable period for cement producers from a demand perspective as it revives after...
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Shree Cement Ltd - Key Takeaways from Shree Cement Limited Management Meet
Setting up of an Integrated Cement Plant at Gothra, Nawalgarh (Rajasthan) having a clinker capacity of 3.8 mtpa and cement capacity of 3.5 mtpa.
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Shree Cement - Cost Pressures and Weak Realization Hurt
We have kept our earnings estimates largely intact. Valuations, at 17.7x FY24E EV/EBITDA, appears rich considering the narrowing of cost benefits v...
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Shree Cement Ltd - Margin Hit Continues; Recovery Expected in H2FY23
SCL reported revenue growth of 18%YoYinQ2FY23, which stood above our expectations. The growth was led by higher volumes posted by the company...
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