In the short-term, Orient Cement is facing a challenging business environment due to the global pandemic, but it appears to be well-positioned to weather these tough times and benefit from a recovering market as vaccines begin to be more widely available.
As the Indian economy continues its recovery, cement demand should pick up and Orient Cement should benefit as well.
The company is focused on expanding its presence to ensure that it is well-positioned to benefit from any recovery. It has introduced cost-cutting measures and is executing strategies to ensure the company remains competitive in the market.
The company’s goal is to focus on its core business while increasing its presence in other markets like India.
In the medium-term, Orient Cement appears to have good prospects. It has strong financials, a strong brand, a diversified portfolio of cement products and a strong customer base. It is also looking to improve its production capabilities, which should further drive its competitive edge.
Additionally, the company is expected to benefit from the growth of the Indian economy, particularly in the construction and infrastructure sectors.
All things considered, the future of Orient Cement share appears to be positive. Its increased presence and cost-cutting measures put the company in a good position to benefit from any economic recovery.
Additionally, with a strong financial position and a diversified product portfolio, the company is well-positioned to capitalize on any economic growth.
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Is Orient Cement debt free?
No, Orient Cement is not debt free. According to the company’s financial statements for the 2017-2018 fiscal year, the company had total debt of Rs. 6,175. 3 Million. As of December 31, 2018, the total debt of Orient Cement was Rs.
6,404. 6 Million. Further, in the 2018-2019 fiscal year, the company had a long-term debt of Rs. 4,122. 6 Million and a short-term debt of Rs. 2,282. 0 Million. Therefore, it can be concluded that Orient Cement is not debt free.
Which cement stock is for long term?
As it depends on an individual’s risk tolerance, financial goals, and investing timeline. However, some of the cement stocks that are often considered for long term investments include Cemex SAB de CV (CX), HeidelbergCement AG (HEI:GR), LafargeHolcim Ltd (HCMLY), Eagle Materials Inc.
(EXP), and Martin Marietta Materials Inc. (MLM). It is important for investors to research and understand each stock to determine whether or not it meets their own individual needs and preferences. Additionally, investors should make sure to diversify their investments and not put all of their eggs in one basket.
Which cement share is Buy?
When it comes to buying shares in cement companies, an investor should conduct thorough research and assessment before making a purchase. Factors such as a company’s financial performance, industry trends, and current market valuations should all be considered before entering a position.
Additionally, one should also be aware of potential risks and rewards associated with a company before investing. Some of the key cement companies on the Indian stock exchange are ACC Limited, Ambuja Cements, Shree Cement, UltraTech Cement, JK Cement, Chambal Fertilisers, and India Cements.
ACC Limited is one of the oldest and largest suppliers of cement and ready-mix concrete in India. The company operates over 20 cement plants throughout the country, and has a track record of outperforming industry averages in terms of both revenue and net profit.
The company’s financial performance is also backed by its strong balance sheet, as it has low debt levels compared to its peers. As such, ACC Limited is a good buy for long-term investors who seek stability and income generation from their investment.
Ambuja Cements is one of the top five cement companies in India and the flagship company of the Gujarat Ambuja group. The company is the third-largest cement producer in India and has managed to turn a profit during the trying times of the last year.
The company has also managed to reduce its debt levels to less than one-third of its total assets and maintains a healthy return on equity of 17. 25%, making it a compelling investment option.
Another potential buy is Shree Cement, a leading cement producer with a strong presence in North and Western India. The company has managed to consistently post a high net profit margin of almost 23% and has an impressive management team that continues to come-up with innovative strategies to stay competitive in the industry.
The company also offers a relatively large dividend yield of close to 1. 3%, making it an attractive income-generating option for long-term investors.
These are just a few examples of potential investments in the cement sector. An investor should research, analyse, and decide which stocks best suit their requirements before making a commitment. It is also important to stay updated about all the developments and news related to a company before investing in it.
Which cement company is debt free?
Any company operating in the modern global economy is likely to engage in some type of debt-based financing, such as taking out loans from banks or taking on debt from bond issuers.
That being said, there are some large global cement companies that have proven to be highly successful in reducing their level of debt. For example, Cemex, a large Mexican cement-producing company, has consistently managed their debt levels by generating consistent income, which has allowed them to repay their debt commitments on time.
Similarly, Vicat SA, a French-based cement producer, has been credited with minimizing its debt exposure by relying primarily on its own funds and avoiding debt issuance. Additionally, Buzzi Unicem, an Italian cement producer, has been able to keep its debt levels relatively low by divesting a significant portion of its businesses over the past few years.
Overall, while there is no single cement company that can be definitively stated as debt free, many large cement companies have proven to be highly successful in managing their debt levels.
Which is the No 1 cement company in India?
The No 1 cement manufacturer in India is UltraTech Cement. As of 2020, UltraTech Cement has an annual capacity of 117. 35 metric tonnes, making it the largest manufacturer in India. It produces both regular and specialty cements, as well as a range of building products and ready-mix concrete.
The company’s overarching aim is to reduce the environmental footprint of its production and increase its focus on sustainability. It has achieved LEED Gold certification at its plants in Gujarat, Rajasthan, and Odisha and is actively promoting environmental protection and conservation.
The company’s plant in Karnataka has been awarded the Confederation of Indian Industry green co-certification. In addition to its production and distribution facilities, the company also has multiple research and development centers located across India.
Is it good to invest in India cement?
Investing in the Indian cement market can be beneficial for those looking to diversify their portfolio. The Indian cement industry is one of the largest producers in the world, and is predicted to grow steadily over the next few years.
Furthermore, cement prices in India tend to remain fairly stable, meaning that investments in this sector may be attractive for those looking to benefit from long-term, low-risk investments. Moreover, India’s large population (1.
37 billion people) ensures that the demand for cement will remain firm for years to come. Additionally, India’s ample natural resources, combined with its strategic focus on infrastructure development, mean that it will remain an important market for cement producers.
Finally, the Government of India has introduced several measures to reduce the cost of production, while increasing the pace of infrastructure and housing related developments, which could further benefit the industry overall.
All in all, investing in Indian cement offers a great opportunity to benefit from a growing and stable sector.
Who owns Orient Cement?
Orient Cement is a part of the CK Birla Group, an Indian conglomerate that has a diverse portfolio of businesses, including automobile components, engineering, construction, and healthcare. The group was founded by visionary Seth Kaniram Birla in the late 19th century.
The Orient Cement business was founded in 1979 and began operations in 1982. Today, the CK Birla Group boasts more than 30 businesses across five countries, with Orient Cement as its flagship business.
Orient Cement is one of India’s leading cement producers, with three integrated plants in Telangana, Karnataka, and Maharashtra and a grinding unit in Andhra Pradesh. It has a cement production capacity of 8.
3 million tons per annum, making it one of the top ten cement producers in India. The Orient Cement is a publicly traded company and is traded on the National Stock Exchange of India.
Who is the largest manufacturer of cement?
The largest manufacturer of cement in the world is currently the Chinese company Anhui Conch Cement Company Limited. Founded in 1997, it is the largest cement manufacturer in Mainland China, producing over 200 million tonnes annually, and commanding a market share of over 45% in China and over 15% globally.
It has a production capacity of over 350 million tonnes spread across China and beyond, as well as five clinker grinding plants, five blended cement plants, and 49 production bases — 24 cement plants, six mortar plants, one concrete structural plant, 15 clinker grinding plants and three slag grinding plants — across six provinces of the country.
As of 2020, the company had 28,000 employees and a network of 5,300 sales centers.
Who are promoters of NCL Industries?
NCL Industries is an Indian conglomerate based in Hyderabad. It is involved in a range of sectors including cement, textiles, specialty chemicals, synthetic yarns, engineering plastics and construction chemicals.
It is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
The company is owned and controlled by the widely esteemed N Venkatrama Reddy and his family, who are its promoters. Venkatrama Reddy is the founder and Chairman of NCL Industries. He began his industrial journey in 1949 when he revived his grandfather’s small jaggery processing factory.
Since then, he has successfully created a business empire of diversified products building on consistent customer support, quality products and well-oiled distribution network. His sons, N Satish Reddy, N Chandrashekhar Reddy and N Durga Prasad Reddy are the joint managing directors of the company, carrying on the legacy of their father.
The Reddy’s have steered the company from being a small-scale business to India’s leading producer of many products like cement, synthetic yarn, engineering plastics and other products. Through the years, they have been involved in several initiatives to help their local community.
Many of the family members hold posts in shareholder associations, commercial associations and trade groups. Their incredible focus on customer satisfaction, quality and meeting the highest standards in the industry has made NCL Industries one of the leading companies in India.
