- HeidelbergCement India’s net income for 3Q was 51.9 million rupees, an 84% decrease from the previous year, and significantly below the estimated 317.2 million rupees.
- Revenue reached 5.43 billion rupees, a decline of 11% year-over-year, slightly missing the expected 5.45 billion rupees.
- Total costs were reported at 5.45 billion rupees, showing a 5.7% decrease compared to the previous year.
- Other income stood at 93.6 million rupees, marking a 28% decline year-over-year.
- EBITDA was recorded at 333 million rupees, down 49% from the prior year, and considerably lower than the estimated 656.1 million rupees.
- The EBITDA margin was 6.1%, compared to 10.8% the previous year, and fell short of the 14.4% that was forecasted.
- Volume decreased by 5.3%, in contrast to a 10.3% increase in the previous year.
- Following the profit report, HeidelbergCement India shares dropped by 3.8%.
- As of December 31, the company’s cash and bank balance was 4.33 billion rupees.
- Shares noted a decline of 3.4%, reaching a price of 211.47 rupees with 416,446 shares traded.
- The company has 1 buy, 5 hold, and 8 sell ratings among analysts.
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A look at Heidelberg Materials Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Heidelberg Materials AG, a company that produces and markets building materials and solutions including cement, aggregates, and ready-mixed concrete, is showing promising signs for its long-term outlook based on the Smartkarma Smart Scores. With a Growth score of 4 and a Momentum score of 5, the company appears to be well-positioned for future growth and performance. These scores indicate a positive trajectory in terms of expanding its business and maintaining strong market momentum.
While the Value, Dividend, and Resilience scores for Heidelberg Materials are solid at 3 each, the higher scores in Growth and Momentum suggest that the company is likely to see continued success and possibly outperform expectations in the long run. Overall, investors may find Heidelberg Materials an attractive prospect for potential growth and performance based on the insights provided by the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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