Deccan Cements Ltd share price logo

Deccan Cements Ltd (DECCANCE)

₹657.90.72%

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Overview
News
Financials
Q1 2024 Results
Technicals

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 ₹480

Source: S&P Global Market Intelligence

Deccan Cements Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹655.55
    ₹672.6
  • 52 Week's Low

    52 Week's High

    ₹469.6
    ₹735
1 Month Return-2.36 %
3 Month Return+ 4.17 %
1 Year Return+ 37.35 %
Previous Close₹662.65
Open₹672.60
Volume18.28K
Upper Circuit-
Lower Circuit-
Market Cap₹928.21Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹928.21 Cr
P/B Ratio0.84
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 1M
WhiteOak Capital Special Opportunities Fund Direct GrowthWhiteOak Capital Special Opportunities Fund Direct Growth0.45%

Company Information

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: ₹657.90 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹928.21Cr as of today
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 10.83% to 10.94% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.25% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 63.5% return, outperforming this stock by 26.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Grasim Industries Ltd has given 82.1% return, outperforming this stock by 91.4%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, DECCANCE stock has moved down by -9.3%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 32.27% to 31.85% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,156.91Cr
↑17.28%
Total Liabilities
₹469.46Cr
↑37.70%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹54.95Cr
↓34.86%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.25%
0.00
Foreign Institutions
10.94%
1.07
Mutual Funds
0.25%
300.16
Retail Investors
31.85%
-1.31
Others
0.71%
21.02

Key Indicators

Earnings and Dividends

  • Deccan Cements Ltd Earnings Results

    Deccan Cements Ltd’s net profit fell -69.6% since last year same period to ₹3.01Cr in the Q4 2023-2024. On a quarterly growth basis, Deccan Cements Ltd has generated -80.44% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Deccan Cements Ltd Dividends May,2023

    In the quarter ending March 2023, Deccan Cements Ltd has declared dividend of ₹3.75 - translating a dividend yield of 1.32%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Deccan Cements Ltd (DECCANCE) share price today is ₹657.9

Deccan Cements Ltd is listed on NSE

Deccan Cements Ltd is listed on BSE

  • Today’s highest price of Deccan Cements Ltd is ₹672.6.
  • Today’s lowest price of Deccan Cements Ltd is ₹655.55.

Today’s traded volume of Deccan Cements Ltd(DECCANCE) is 18.28K.

Today’s market capitalisation of Deccan Cements Ltd(DECCANCE) is ₹928.21Cr.

Deccan Cements Ltd(DECCANCEPrice
52 Week High
₹735
52 Week Low
₹469.6

Deccan Cements Ltd(DECCANCE) share price is ₹657.9. It is down -10.49% from its 52 Week High price of ₹735

Deccan Cements Ltd(DECCANCE) share price is ₹657.9. It is up 40.10% from its 52 Week Low price of ₹469.6

Deccan Cements Ltd(DECCANCEReturns
1 Day Returns
-4.75%
1 Month Returns
-2.36%
3 Month Returns
4.17%
1 Year Returns
37.35%