Capitaline

Analyst Meet / AGM 25-Jul-12

Conference Call

Heidelberg Cement

Demand from Central India increased by 22%

Heidelberg Cement conducted a conference call to discuss the financial performance during the quarter ended June 2012.

Revenue of the company was up by 23%, on account of increase in realization by 15%, while PAT was up by 46% during the second quarter of CY 2012.

EBITDA growth came from realization; however it was impacted by the increase in raw material cost, power & fuel and freight expenses.

Earlier 30% of the fuel consumption was met through metcoke, but now 36% is being met through metcoke.

Limited availability of coal in South India, had lead the company to go in for imported coal which was impacted by rupee depreciation. In Central India there had been adequate availability of coal.

Commercial production from the expansion projects are expected in September 2012.

Revenue Mix: 65% to 70% of revenue was from Central India, 20% from Western India and the remaining 10% was from Southern India.

The present debt level is Rs 900 crore. Capex for next few years will be Rs 1400 crore.

Total sales were 44 million tonne from Uttar Pradesh and Madhya Pradesh. The demand is strong in Madhya Pradesh as lot of houses are being built.

For next couple of years the cement demand is expected to improve in the country as the government would push infrastructure growth before the election.

The company is planning for deeper penetration into its existing markets as well as new markets.

Previous News

HeidelbergCement India fixes record date for interim dividend
( Market Beat - Reports 26-Oct-18 12:05 )

HeidelbergCement India to conduct AGM
( Corporate News - 28-Jun-24 19:25 )

Heidelberg Cement
( Results - Analysis 12-Aug-20 10:04 )

Mysore Cements appoints auditors
( Corporate News - 22-Jun-07 12:44 )

HeidelbergCement India announces resignation of director
( Corporate News - 27-Jan-16 19:27 )

HeidelbergCement India standalone net profit declines 23.74% in the June 2024 quarter
( Results - Announcements 31-Jul-24 15:14 )

HeidelbergCement India commissions 5.5 MW solar power plant
( Corporate News - 12-Apr-22 20:49 )

Mysore Cements reports net profit of Rs 97.65 crore in the year ended December 2007
( Results - Announcements 22-Feb-08 09:47 )

HeidelbergCement India standalone net profit declines 33.13% in the March 2022 quarter
( Results - Announcements 20-May-22 15:34 )

HeidelbergCement India to hold board meeting
( Corporate News - 14-Jul-21 13:46 )

HeidelbergCement India fixes record date for dividend
( Market Beat - Reports 22-Aug-19 18:10 )