bell
The current prices are delayed by 15 mins, login to check live prices.
Deccan Cements Ltd share price logo

Deccan Cements Ltd

(DECCANCE)

₹5951.64%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Deccan Cements Ltd Analyst Rating

based on 1 analysts

SELL

0.00%

Buy

0.00%

Hold

100.00%

Sell

Based on 1 analysts offering long term price targets for Deccan Cements Ltd. An average target of ₹450

Source: S&P Global Market Intelligence

Deccan Cements Ltd Share analysis

Deccan Cements Ltd price forecast by 1 analysts

Downside of-25.61%

High

₹450

Target

₹450.00

Low

₹450

Deccan Cements Ltd target price ₹450, a slight downside of -25.61% compared to current price of ₹595. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Deccan Cements Ltd Performance

  • Day's High

    ₹595
    ₹604.9
  • 52 Week's Low

    52 Week's High

    ₹485
    ₹735
1 Month Return-1.89 %
3 Month Return-8.19 %
1 Year Return+ 17.02 %
Previous Close₹604.95
Open₹604.75
Volume3,335.00
Upper Circuit-
Lower Circuit-
Market Cap₹847.38Cr

Deccan Cements Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹847.38 Cr
P/B Ratio1.15
EPS0
Dividend Yield0
SectorCement
ROE7.08

Deccan Cements Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
SELL₹847.38 Cr15.66%0.71NANA
NA₹295.91 Cr18.38%0.55NANA
BUY₹9,688.36 Cr36.98%0.64₹487 Cr₹6,788 Cr
HOLD₹12,575.47 Cr-6.76%0.63₹147 Cr₹10,732 Cr
NA₹84.33 Cr12.45%0.75NANA

About Deccan Cements Ltd

Deccan Cement was incorporated in July 1979 and began production in October 1992. It was promoted by the Nagarjuna group, a renowned technocrat entrepreneur. In order to double its capacity from 300 tpd to 600 tpd, the company completed a modernisation and expansion project in August 1991. It has also installed a captive generation plant which meets 65% of its total power requirement. To cover long term working capital requirements and capital expenditure, the company in November 1992 issued PCDs with a total aggregate of Rs 8.66 crore. In February 1995, it established the first wind farm in Andhra Pradesh which has produced 10.65 lac units of power. A 3.75 MW mini hydel plant was also commissioned at Narasaraopet in Andhra Pradesh. The expansion of cement division from 198000 tonnes to 297000 tonnes per annum was completed in 1999-2000. Additionally, a Slag Cement Plant with an estimated cost of Rs.25 crores and a capacity of 300000 TPA was created in 2002. Commercial production for the same has already started.

Share Price: ₹595.00 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹847.38Cr as of today
Revenue: ₹172.15Cr as on June 2024 (Q2 24)
Net Profit: ₹2.81Cr as on June 2024 (Q2 24)
Listing date: 23 Aug, 1995
Chairperson Name: P Parvathi
OrganisationDeccan Cements Ltd
Headquarters
IndustryCement
E-voting on sharesClick here to vote

Key events for Deccan Cements Ltd

  • Deccan Cements Reports Soft Earnings - 05 Jun, 2024

    Deccan Cements Limited reported negative free cash flow and a reduced profit due to unusual expenses. However, the company is expected to produce higher profits next year.

  • Deccan Cements FY 2024 Revenue Up, Net Income Down - 30 May, 2024

    Deccan Cements reported a 4.3% increase in revenue for FY 2024 but saw a 24% decrease in net income and a drop in profit margin from 6.3% to 4.6%. EPS also decreased. Shares are down 4.3% from a week ago.

  • Deccan Cements Q4 Net Profit Down 69.62% - 29 May, 2024

    Deccan Cements' standalone net profit for March 2024 quarter was Rs. 3.01 crore, down 69.62% YoY. However, the company's EBITDA increased by 31.95% to Rs. 31.22 crore in the same period. The stock has given returns of 15.78% over the last six months and 27.43% over the last twelve months.

Insights on Deccan Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.94% to 11.88% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Grasim Industries Ltd has given 45.1% return, outperforming this stock by 28.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Grasim Industries Ltd has given 58.2% return, outperforming this stock by 74.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.25% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.85% to 31.09% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.25% to 0.06% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, DECCANCE stock has moved down by -16.2%

Deccan Cements Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹863.19Cr (-)₹986.47Cr (↑14.28%)₹1,156.91Cr (↑17.28%)₹1,446.32Cr (↑25.02%)
Total Liabilities₹298.22Cr (-)₹340.92Cr (↑14.32%)₹469.46Cr (↑37.70%)₹727.35Cr (↑54.93%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹43.06Cr (-)₹196.77Cr (↑356.97%)₹84.36Cr (↓57.13%)₹54.95Cr (↓34.86%)₹56.70Cr (↑3.18%)
0

Deccan Cements Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.25%
0.00
Foreign Institutions
11.88%
8.53
Mutual Funds
0.06%
-75.01
Retail Investors
31.09%
-2.37
Others
0.72%
0.98

Deccan Cements Ltd Key Indicators

Details20202021202220232024
Return On Equity %14.9322.6916.747.47.08

Deccan Cements Ltd Earnings and Dividends

  • Deccan Cements Ltd Dividends May,2024

    In the quarter ending March 2024, Deccan Cements Ltd has declared dividend of ₹3 - translating a dividend yield of 0.50%.

    Read More about Dividends

Deccan Cements Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Deccan Cements Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Deccan Cements Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Deccan Cements Ltd shares.

Deccan Cements Ltd (DECCANCE) share price today is ₹595

Deccan Cements Ltd is listed on NSE

Deccan Cements Ltd is listed on BSE

  • Today’s highest price of Deccan Cements Ltd is ₹604.9.
  • Today’s lowest price of Deccan Cements Ltd is ₹595.

Today’s traded volume of Deccan Cements Ltd(DECCANCE) is 3,335.00.

Today’s market capitalisation of Deccan Cements Ltd(DECCANCE) is ₹847.38Cr.

Deccan Cements Ltd(DECCANCEPrice
52 Week High
₹735
52 Week Low
₹485

Deccan Cements Ltd(DECCANCE) share price is ₹595. It is down -19.05% from its 52 Week High price of ₹735

Deccan Cements Ltd(DECCANCE) share price is ₹595. It is up 22.68% from its 52 Week Low price of ₹485

Deccan Cements Ltd(DECCANCEReturns
1 Day Returns
-9.95%
1 Month Returns
-1.89%
3 Month Returns
-8.19%
1 Year Returns
17.02%