HeidelbergCement India Ltd on Monday reported a 62.64 per cent decline in its net profit to Rs 34.97 crore for the fourth quarter ended March 2023, on account of an increase in input costs and lower sales volume.

HeidelbergCement India net profit falls 62.6% to Rs 35 cr in March quarter

HDFC Securities recommended reduce rating on Heidelberg Cement with a target price of Rs 160 in its research report dated February 15, 2023.

Reduce Heidelberg Cement; target of Rs 160: HDFC Securities

The problem is that at a time when many cement makers are going full throttle on capacity expansions, Heidelberg is lagging behind. The company will focus on increasing capacity only marginally via debottlenecking and the ongoing debottlenecking is slated to be completed by FY24

Lack of expansion plans dulls Heidelberg Cement’s outlook

Its revenue from operation was flat at Rs 540.12 crore during the quarter under review as against Rs 544.52 crore in the corresponding quarter previous fiscal.

HeidelbergCement India Q3 net profit falls 81.66% to Rs 5.58 crore

Castrol India, Nykaa, Godrej Industries, Hinduja Global Solutions, HeidelbergCement India, New India Assurance and Zee Entertainment will be among the stocks in focus as they declare their December quarter earnings today.

Stocks to Watch: Adani Group, BHEL, Kotak, Delhivery, Oil India, Inox Wind

Growth has been disappointing for this cement company for the past couple of quarters. Since the setback is more or less priced in, long-term investors can bet on it at the current price

Heidelberg Cement India: Yet another poor quarter

ICICI Securities has raised its ebitda forecast for Heidelberg Cement, citing better fuel inventory management amid lower volumes.

Heidelberg Cement Q2 Results Review - Volumes Disappoint, Again: ICICI Securities

Stocks in news: ACC, Zee Entertainment, PVR, HeidelbergCement India, Tata Coffee, HDFC, V-Mart Retail and more

Stocks in news: Tata Communications, HDFC, Tata Coffee, V-Mart Retail and more

ICIC Lombard, Gujarat Fluorochemicals, L&T Technology Services, HFCL, Tata Communications, and KPTI Technologies will be in focus as they declare their September quarter earnings today.

Stocks to Watch: Zee, Tata Coffee, HeidelbergCement, SJVN, V-Mart

The company had reported a net profit of Rs 59.56 crore in the year-ago period, HeidelbergCement India said in a BSE filing.

HeidelbergCement India net profit falls 88% in July-September

HeidelbergCement India slumped 4.15% to Rs 197.45 after the company reported 88.2% drop in net profit to Rs 7 crore in Q2 FY23 from Rs 59.6 crore in Q2 FY22.

HeidelbergCement tumbles after weak Q2 performance

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Heidelberg Cement India Limited is engaged in manufacturing of Portland cement. The Company's product portfolio includes Portland Pozzolana Cement and Portland Slag cement.