Trinetra Cement Ltd(Merged)
Trinetra Cement Ltd(Merged)
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Key Insights
Strengths
1- Company has delivered good profit growth of 22.1% CAGR over last 5 years
Weaknesses
2- Company has low interest coverage ratio.
- Contingent liabilities of Rs.30.2 Cr.
Growth Rate
Quarterly Results
| Particulars | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 145 | 146 | 106 | 114 | 126 | 130 | 140 | 141 | 134 | 154 | 133 | 146 |
| Expenses | 98.2 | 129 | 119 | 95.28 | 112 | 120 | 122 | 120 | 118 | 109 | 128 | 120 | 134 |
| Operating Profit | 5.27 | 16.1 | 27.59 | 10.25 | 1.9 | 6.42 | 8.22 | 19.88 | 22.73 | 25.19 | 26.25 | 12.94 | 12.55 |
| OPM % | 5.09% | 11.09% | 18.84% | 9.71% | 1.66% | 5.08% | 6.32% | 14.2% | 16.12% | 18.75% | 17.05% | 9.74% | 8.57% |
| Other Income | 0.53 | 0.27 | 0.81 | 0.06 | 0.33 | 1.12 | 0.41 | 0.43 | 0.26 | 0.49 | 0.21 | 0.29 | 0.3 |
| Interest | 12.27 | 16.87 | 9.18 | 8.98 | 10.66 | 8.36 | 7.81 | 8.4 | 8.3 | 7.45 | 8.05 | 7.27 | 7.1 |
| Depreciation | 9.32 | 9.51 | 8.84 | 8.85 | 8.85 | 8.93 | 8.85 | 8.85 | 8.78 | 9.85 | 8.92 | 8.92 | 8.92 |
| PBT | -15.79 | -10.01 | 10.38 | -7.52 | -17.28 | -9.75 | -8.03 | 3.06 | 5.91 | 8.38 | 9.49 | -2.96 | -3.17 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -15.79 | -10.01 | 10.38 | -7.51 | -17.28 | -9.75 | -8.03 | 3.06 | 5.91 | 8.39 | 9.49 | -2.96 | -3.17 |
| EPS in Rs | -35.09 | -22.24 | 23.07 | -16.69 | -38.4 | -21.67 | -17.84 | 6.8 | 13.13 | 18.64 | 21.09 | -6.58 | -7.04 |
Profit & Loss
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 1 | 0 | 81 | 352 | 442 | 458 | 497 | 492 | 568 |
| Expenses | 15 | 7 | 2 | 81 | 327 | 359 | 413 | 451 | 416 | 491 |
| Operating Profit | -13 | -7 | -2 | 0 | 24 | 83 | 45 | 46 | 76 | 77 |
| OPM % | -710% | -1030% | -2343% | -0.1% | 7% | 19% | 10% | 9% | 15% | 14% |
| Other Income | 16 | 2 | 2 | 1 | 2 | 2 | 3 | 2 | 2 | 1 |
| Interest | 0 | 0 | 0 | 9 | 40 | 53 | 54 | 37 | 32 | 30 |
| Depreciation | 0 | 0 | 0 | 5 | 28 | 37 | 37 | 35 | 36 | 37 |
| PBT | 2 | -5 | 1 | -13 | -42 | -6 | -44 | -24 | 9 | 12 |
| Tax % | 0% | 1% | 15% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | 2 | -5 | 1 | -13 | -42 | -6 | -44 | -24 | 9 | 12 |
| EPS in Rs | — | — | — | -28.89 | -92.91 | -12.71 | -96.91 | -53.73 | 20.71 | 26.11 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 10 | 5 | 6 | 168 | 94 | -57 | -100 | -125 | -116 |
| Borrowings | 6 | 87 | 652 | 815 | 932 | 1,078 | 1,308 | 1,279 | 1,258 |
| Other Liabilities | 4 | 5 | 32 | 120 | 141 | 149 | 150 | 165 | 141 |
| Total Liabilities | 25 | 102 | 695 | 1,107 | 1,171 | 1,175 | 1,362 | 1,323 | 1,287 |
| Fixed Assets | 2 | 2 | 2 | 526 | 641 | 625 | 621 | 590 | 563 |
| CWIP | 20 | 92 | 652 | 151 | 19 | 9 | 5 | 3 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3 | 8 | 41 | 431 | 511 | 540 | 737 | 730 | 723 |
| Total Assets | 25 | 102 | 695 | 1,107 | 1,171 | 1,175 | 1,362 | 1,323 | 1,287 |
Cash Flow
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Operating | 1 | -4 | -2 | 47 | 59 | 65 | -26 | 68 | 58 |
| Investing | 2 | -77 | -544 | -391 | -109 | -12 | -150 | -1 | -5 |
| Financing | -6 | 81 | 565 | 330 | 45 | -53 | 176 | -68 | -53 |
| Net Cash Flow | -3 | 0 | 19 | -14 | -5 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1 | -22 | -546 | -243 | -53 | 53 | -54 | 65 | 50 |
| CFO/OP | -8 | 61 | 79 | -78,833 | 243 | 78 | -57 | 148 | 77 |
Ratios
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 132 | 97 | 365 | 28 | 7 | 10 | 12 | 9 | 8 |
| Inventory Days | 133 | 41 | 0 | 359 | 225 | 294 | 171 | 173 | 179 |
| Days Payable | 277 | 1,550 | — | 760 | 720 | 670 | 408 | 419 | 435 |
| Cash Conversion Cycle | -12 | -1,412 | 365 | -373 | -489 | -366 | -225 | -237 | -247 |
| Working Capital Days | -182 | 1,346 | -59,651 | -335 | -157 | -122 | -69 | -38 | -66 |
| ROCE % | — | -10% | 0% | -1% | 0% | 5% | 1% | 1% | 4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY08–FY16.
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Company Information
Trinetra Cement is engaged in the manufacture of cement.
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