Monday, January 2, 2012

Ambuja Cements Limited = RESULTS FOR Q3 CY 2011 Q/E SEP,2011 = NPT UP 13% YOY


Ambuja Cements Limited
NSE Symbol        AMBUJACEM

RESULTS FOR Q3 CY 2011
Q/E SEP,2011

AMBUJA CEMENTS LTD  has  declared reasonable improvement in its results for the third quarter of CY ending Sep 2011 compared to the corresponding qtr of Q3 CY 2010.

Net Sales stand at Rs.1805.10 cr in Q3 CY 11 – compared to Rs.2173.26 in the preceding qtr of Q2 CY 2011 (down by -16.94%) – and Rs.1564.02 cr in the corresponding qtr of Q3 CY 10 (up by 15.41%).

Total Expenditure stands at Rs.1622.14 cr – compared to Rs.1698.01 cr in preceding qtr (down by -4.47%) and Rs.1382.66 cr in corresponding qtr (+17.32%).

Profit from Operations stands at Rs.211.53 cr – compared to Rs.491.06 cr  in previous qtr (down by -56.92%) – and Rs.200.38 cr in corresponding qtr (+5.56%)

Profit before tax stands at Rs.254.84 cr – compared to Rs.532.02 cr in previous qtr (down by -52.1%) – and Rs.221.96 cr (Up by 14.81%) in the corresponding qtr.

Net Profit  stands at Rs.171.48 cr – compared to Rs.347.50 cr (down by -50.65%) in previous qtr and Rs.152.09 cr (up by 12.75%) in corresponding Qtr.

Basic EPS stands at Rs.    1.12 in Q3; Rs.2.27 in Q2 and  Rs.2.66 in Q1 – against Rs.1 in Q3 of previous year. At this Rate, the annual EPS is likely to be around Rs.8 on a Face Value of Rs.2.

Current Market Price is Rs.154.40, 52 week high price is Rs.165.45 and 52 week low price  is Rs.111.60.

The Price Earnings Ratio comes to 19.3.

In 2012, cement Industry is likely to perform well, as many user Industries have huge orders on hand.

RESULTS TABLE
AMBUJA CEMENT
30-Sep-11
30-Jun-11
% DIF
SEP'11
% DIF
Net Sales
180510
217326
-16.94
156402
15.41
Other Operating Income
2857
1581
80.71
1902
50.21
Increase in SIT/WIP
1045
-12039
-108.7
-5920
-118
 Consumption of Raw Materials
62871
70993
-11.44
56270
11.73
Employees Cost
10321
10993
-6.11
9891
4.35
Depreciation
10787
10737
0.47
10180
5.96
Other Expenditure
77190
89117
-13.38
67845
13.77
Total Expenditure
162214
169801
-4.47
138266
17.32
Profit from Operations
21153
49106
-56.92
20038
5.56
Other Income
5710
5615
1.69
3052
87.09
Interest
1379
1519
-9.22
894
54.25
Profit before tax
25484
53202
-52.1
22196
14.81
Tax expense
8336
18452
-54.82
6987
19.31
Net Profit
17148
34750
-50.65
15209
12.75
Face Value (In Rs
2
2
0


Paid Up Equity
30653
30633
0.07
30512
0.46
Basic EPS
1.12
2.27
-50.66
1
12
Public holding (%)
48
48
0
52
-7.69

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