Result-Analysis-Elite-Wealth.
Result Analysis: Orient Cement Ltd. Result Update Q2FY22
Particulars (In ₹. Cr) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY%
Revenue from operation 613.12 690.9 477.49 -11.26% 28.40%
Other Income 2.99 2.1 2.68 42.38% 11.57%
Total Income 616.11 693 480.17 -11.10% 28.31%
Raw Material Expenses 86.06 91.63 61.36 -6.08% 40.25%
Other Expenses 444.4 464.24 364.59 -4.27% 21.89%
Raw Material as percentage of revenue 14.04% 13.26% 12.85% 5.84% 9.23%
EBITDA 136.96 107 96.5 28.28% 41.93%
EBITDA Margin 22.34% 15.45% 20.21% 44.55% 10.53%
Profit After Tax 56.88 89.45 34.48 -36.41% 64.97%
PATM (%) 9.28% 12.95% 7.22% -28.34% 28.47%
Basic EPS (in Rs. ) 2.78 4.37 1.7 -36.38% 63.53%
Segment Revenue Q2FY22 Q1FY22 Q2FY21 QoQ % YoY%
Cement 613.12 690.90 477.49 -11.26% 28.40%

Result Highlight:

  • Revenue from operation fall by26% QoQ and rose 28.40% YoY to ₹ 613.12 crore. Other income rose 11.57 % QoQ to ₹ 2.99 Crore.

  • Material cost formed 14.04% of total sale, cost of material rises 40.25% YoY.

  • EBITDA came in at ₹ 136.96 crore compared to ₹ 96.5 crore Y-o-Y and EBITDA margin at 22.34%

  • Net profit rose 64.97% YoY to ₹56.88 crore for the September quarter compared with ₹ 34.48 crore in the same quarter last

  • Power and fuel cost increased 49% Y-O-Y due to rise in coal and fuel prices.

  • During the year ended March 21, 2021, the Company had reclassified mining expenditure incurred for limestone extraction from other expenses to cost of raw materials consumed for better presentation taking into consideration the nature of underlying expenditure.

  • Debt of the company has fallen to ₹ 580 crore from 783 crore in March 2021.

  • For first half company reported free cash flow of ₹ 118 crore.

  • Company Reported ROE of 17.67% and ROCE of 18.79%.

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