| Name of Company | Chettinad Cement Corporation Ltd. |
| BSE Code | 590001 |
| NSE Code | CHETTINADEQ |
| ICICI Code | CHECEM |
| Established | 1962 |
| My Take | So-So |
| Headquarters | Chennai |
| Promoters | MA MR Muthaih, MAM Ramaswamy |
| Story | |
| Sector | Cement |
| Sub-sector | |
| Website | http://www.chettinad.com/ |
| Positives | Regular dividend except in 2010 (yield >1% at current prices). Expansion plans underway. 88% promoter holding. |
| Negatives | Low holding by small investors. |
| Peers | |
| News | |
| Price @ blogged | 452.05 (04-May-11) |
| Cost of company | 1726.83 Cr market cap for a 96.63 Cr NP in FY ending Mar ' 10 makes it 17.87 times. This is for a company with 758.87 Cr debt and 825.52 Cr reserves |
| Group | Cyclicals |
| Growth | Revenue has grown from 485 Cr in FY06 to 1366 in FY10. NP has also grown from 40 Cr to 96 Cr. FY09 was loss making. NPMs have been wavering upto 17%. FY10 NPM was 7%. New cement plants with captive power are being installed in Gulbarga, Karnataka and Karikalli of 2.5 and 2 MTPA respectively. |
May 8, 2011
Chettinad Cement Corporation Ltd - 590001
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