Q4FY21 Company Update - Orient Cement - ICICI Direct

The company's stellar performance in Q4FY21 was backed by 17.1% YoY jump in sales volumes (1.85 MT) along with strong realisations (up 8.5% YoY) in the company's key operating regions. Asset utilisation also remained healthy @ 93%. In turn, this provided operating leverage benefit leading to sharp margin expansion and robust profitability growth. EBITDA margin improved 530 bps YoY, 174 bps QoQ to 24.4%. The resultant EBITDA/t came in at Rs. 1095/t vs. Rs. 789/t last year and Rs. 1005/t last quarter. PAT for the quarter was at Rs. 99.9 crore (up 126.6% YoY, 85.4% QoQ).The company has declared a dividend of Rs. 1.5/share.

For details, click on the link below: Link to the report

Shares of Orient Cement Ltd was last trading in BSE at Rs.125.85 as compared to the previous close of Rs. 121.65. The total number of shares traded during the day was 464591 in over 6842 trades.

The stock hit an intraday high of Rs. 133.7 and intraday low of 125.05. The net turnover during the day was Rs. 59127198.

Source : Equity Bulls

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