Deccan Cements
Deccan Cements
ConstructionKey Fundamentals
MicrocapCementConstructionTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Stock is trading at 1.07 times its book value
- Company is expected to give good quarter
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.46% over past five years.
- Company has a low return on equity of 3.38% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.22.6 Cr.
- Dividend payout has been low at 8.29% of profits over last 3 years
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 192 | 167 | 217 | 223 | 172 | 120 | 115 | 119 | 151 | 140 | 131 | 214 | 219 |
| Expenses | 167 | 154 | 188 | 197 | 161 | 118 | 107 | 106 | 123 | 120 | 119 | 197 | 202 |
| Operating Profit | 25.22 | 13.7 | 28.58 | 26.31 | 11.32 | 2.19 | 8.75 | 13.12 | 27.88 | 20.16 | 11.38 | 17.22 | 16.85 |
| OPM % | 13.13% | 8.19% | 13.18% | 11.79% | 6.58% | 1.82% | 7.58% | 11.03% | 18.52% | 14.37% | 8.7% | 8.05% | 7.68% |
| Other Income | 3.15 | 3.67 | 4.28 | -11.43 | 3.02 | 2.89 | 3.31 | 6.98 | 2.74 | 2.32 | 1.58 | 13.87 | 4.85 |
| Interest | 2.42 | 2.86 | 3.83 | 3.27 | 3.02 | 3.41 | 3.51 | 2.81 | 3.47 | 3.27 | 5.5 | 15.04 | 15.67 |
| Depreciation | 6.81 | 6.92 | 6.96 | 6.94 | 7.01 | 7.11 | 7.07 | 6.89 | 6.68 | 6.74 | 8.15 | 14.04 | 15.52 |
| PBT | 19.14 | 7.59 | 22.07 | 4.67 | 4.31 | -5.44 | 1.48 | 10.4 | 20.47 | 12.47 | -0.69 | 2.01 | -9.49 |
| Tax % | 26.12% | 37.55% | 30.31% | 35.76% | 34.8% | -25.92% | 45.27% | 23.65% | 24.96% | 27.19% | -20.29% | -135.32% | -22.23% |
| Net Profit | 14.14 | 4.73 | 15.39 | 3.01 | 2.81 | -4.04 | 0.81 | 7.95 | 15.35 | 9.07 | -0.55 | 4.73 | -7.39 |
| EPS in Rs | 10.09 | 3.38 | 10.99 | 2.15 | 2.01 | -2.88 | 0.58 | 5.68 | 10.96 | 6.48 | -0.39 | 3.38 | -5.28 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 407 | 625 | 496 | 570 | 651 | 555 | 758 | 792 | 782 | 799 | 527 | 636 | 704 |
| Expenses | 343 | 511 | 396 | 484 | 556 | 477 | 582 | 630 | 684 | 704 | 492 | 559 | 639 |
| Operating Profit | 64 | 115 | 100 | 86 | 95 | 79 | 176 | 162 | 97 | 96 | 35 | 77 | 66 |
| OPM % | 16% | 18% | 20% | 15% | 15% | 14% | 23% | 20% | 12% | 12% | 7% | 12% | 9% |
| Other Income | 3 | 1 | 2 | 3 | 10 | 0 | 10 | -8 | 9 | -2 | 16 | 21 | 23 |
| Interest | 27 | 15 | 7 | 6 | 8 | 7 | 8 | 10 | 13 | 13 | 13 | 27 | 39 |
| Depreciation | 19 | 20 | 22 | 23 | 22 | 21 | 23 | 26 | 27 | 28 | 28 | 36 | 44 |
| PBT | 21 | 81 | 74 | 61 | 75 | 51 | 155 | 117 | 67 | 53 | 11 | 34 | 4 |
| Tax % | 6% | 43% | 36% | 37% | 39% | -12% | 26% | 25% | 26% | 30% | 30% | 17% | — |
| Net Profit | 20 | 46 | 47 | 39 | 46 | 57 | 115 | 88 | 49 | 37 | 8 | 29 | 6 |
| EPS in Rs | 14.2 | 32.54 | 33.48 | 27.52 | 32.88 | 40.44 | 82.19 | 62.52 | 35.2 | 26.6 | 5.38 | 20.41 | 4.19 |
| Div. Payout % | 9% | 8% | 9% | 11% | 11% | 10% | 6% | 8% | 11% | 11% | 11% | 2% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 238 | 279 | 325 | 358 | 399 | 443 | 558 | 639 | 680 | 712 | 715 | 744 |
| Borrowings | 191 | 79 | 70 | 33 | 54 | 106 | 104 | 166 | 265 | 520 | 714 | 753 |
| Other Liabilities | 114 | 127 | 132 | 161 | 161 | 155 | 193 | 173 | 202 | 207 | 189 | 208 |
| Total Liabilities | 550 | 493 | 535 | 560 | 621 | 710 | 861 | 985 | 1,155 | 1,446 | 1,625 | 1,711 |
| Fixed Assets | 356 | 342 | 377 | 363 | 354 | 378 | 446 | 453 | 440 | 423 | 402 | 1,352 |
| CWIP | 33 | 34 | 0 | 4 | 9 | 62 | 12 | 21 | 241 | 514 | 805 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 161 | 116 | 157 | 192 | 258 | 271 | 404 | 511 | 474 | 509 | 417 | 357 |
| Total Assets | 550 | 493 | 535 | 560 | 621 | 710 | 861 | 985 | 1,155 | 1,446 | 1,625 | 1,711 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 67 | 140 | 61 | 71 | 58 | 43 | 197 | 84 | 55 | 57 | -38 | 76 |
| Investing | -2 | -7 | -27 | -12 | -14 | -90 | -45 | -92 | -219 | -277 | -227 | -137 |
| Financing | -82 | -125 | -15 | -36 | 10 | 32 | -9 | 45 | 80 | 238 | 178 | 9 |
| Net Cash Flow | -17 | 9 | 19 | 23 | 55 | -15 | 143 | 38 | -85 | 18 | -87 | -53 |
| Free Cash Flow | 64 | 133 | 34 | 57 | 40 | -52 | 143 | -16 | -179 | -227 | -312 | -69 |
| CFO/OP | 111 | 138 | 83 | 105 | 82 | 71 | 132 | 73 | 72 | 77 | -100 | 99 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 5 | 8 | 9 | 9 | 31 | 12 | 11 | 13 | 25 | 40 | 28 |
| Inventory Days | 712 | 397 | 464 | 364 | 374 | 493 | 341 | 349 | 601 | 408 | 541 | 382 |
| Days Payable | 152 | 150 | 25 | 16 | 27 | 169 | 218 | 132 | 291 | 164 | 194 | 197 |
| Cash Conversion Cycle | 587 | 251 | 446 | 357 | 356 | 355 | 135 | 227 | 323 | 268 | 386 | 213 |
| Working Capital Days | 15 | -2 | 3 | 22 | 10 | 1 | -34 | -51 | -32 | -45 | -65 | -85 |
| ROCE % | 11% | 24% | 21% | 17% | 19% | 13% | 27% | 20% | 9% | 8% | 2% | 3% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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64 extracted metrics + investor summaries across FY12–FY26.
Documents
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Company Information
Incorporated in 1979, Deccan Cements Ltd manufactures and sells Cement and does generation and selling of power from hydel and wind sources[1]
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