Mangalam Cement
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
Mangalam Cement's recent management commentary indicates a stable revenue outlook, supported by consistent historical performance and improving pricing power within the cement industry. The company's ability to maintain profit margins amidst rising raw material costs is crucial, as it reflects operational efficiency and strategic capital allocation. Vista's financial outlook anticipates stable revenue growth and margins, aligning with the broader industry trend of a forecasted CAGR of 4.19%. However, potential economic downturns and environmental regulations pose risks that could impact future performance. The current macroeconomic environment in India, characterized by moderate growth signals and persistent inflation, adds complexity to the outlook, necessitating close monitoring of consumer sentiment and spending. Over the next 12-24 months, key opportunities include increasing infrastructure investment and improving pricing power, while headwinds may arise from rising costs and competition from alternative materials. Overall, while the outlook remains cautiously optimistic, investors should remain vigilant regarding external economic factors that could influence Mangalam Cement's performance
Why We Like This Stock
- Stable revenue growth expected to align with historical performance
- Improving pricing power within the cement industry enhances profitability
- Increasing infrastructure investment is likely to drive demand
Things To Watch Out For
- Potential economic downturns could negatively impact construction spending
- Rising raw material costs may pressure profit margins
- Environmental regulations could increase operational costs
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,725 | 1,681 | 1,758 | 1,832 | 1,939 |
| Profit Before Tax (Cr.) | 99 | 74 | 116 | 94 | 106 |
| PBT Margin | 5.8% | 4.4% | 6.6% | 5.1% | 5.5% |
| Net Profit (Cr.) | 82 | 60 | -405 | 70 | 80 |
| Earnings Per Share | 29.8 | 21.7 | -147.3 | 25.6 | 29.0 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
Mangalam Cement Limited manufactures and sells cement and clinker products in India. The company offers Portland Pozzolana, 43 grade, 53 grade, and fly ash-based PPC cement under the Mangalam ProMaxX and Birla Uttam Cement brands, as well as medium density fibre boards. It sells its products directly to customers, as well as through intermediates, distributors, and dealers. The company serves institutional/commercial customers, dealers, individual house builders, and government bodies for infrastructure projects. Mangalam Cement Limited was incorporated in 1976 and is based in Kolkata, India.