Industry: Cement


We expect cement companies in our coverage universe to report a weak performance for the June 2018 quarter, with average EBITDA margin at 16.8% versus 20.6% YoY.
July 6, 2018, 11:05 a.m.
Publisher: nirmalbang.com

On a month-on-month basis, except the west, prices rose in the range of Rs 315-330 per 50 kg bag in June.
July 5, 2018, 9:21 a.m.

All-India retail cement prices increased by Rs9/bag MoM to Rs318/bag (Rs309/bag in May 2018). However, prices were flat YoY. All the regions except western region largely unchanged) showed price hike in June 2018.
July 3, 2018, 11:29 a.m.
Publisher: nirmalbang.com

Not A Bright Summer For Cement Firms
June 29, 2018, midnight
Publisher: youtube.com


Sector reported Q4FY18 earnings above our expectation. Beat in earnings was led by lower than expected costs. Sales volume for our coverage universe (65% share in aggregate volumes of the listed cos) grew 15.8% YoY (on a base of +3.7%), ahead of 13.6% growth (on a base of +7%) posted by the sector.
June 12, 2018, 11:51 a.m.
Publisher: plindia.com

We have reviewed the March 2018 quarterly earnings performance of 12 cement companies under our coverage universe and made an attempt to measure the key trends.
June 6, 2018, 12:25 p.m.
Publisher: nirmalbang.com

Buoyed by improving demand, domestic cement output grew 6.3 per cent to 298 million tonne (MT) in 2017-18, according to credit rating firm Icra.It also said that going by the prevalent trend, the growth momentum is expected to continue in the current financial year and the industry is likely to report a growth of 6 per cent.
May 30, 2018, 5:59 p.m.

Cement demand in south India has increased at a muted CAGR of 1% over FY12-18 due to weak demand in Andhra Pradesh (AP)/Telangana and Tamil Nadu (TN).
April 16, 2018, 11:40 a.m.

We expect cement companies in our coverage universe to report a steady performance for the March 2018 quarter, with average EBITDA margin at 16.1% versus 17.2% in the quarter ended March 2017.
April 9, 2018, 1:35 p.m.
Author : Nirmal Bang | Publisher: nirmalbang.com

While the demand environment continued to remain favourable in Mar’18 led by sustained pick-up in construction activities across the country barring few pockets, pricing trend remained subdued marked by sharp MoM contraction during the month.
April 2, 2018, 1:17 p.m.