Heidelberg Cement India: Inline Result; Cost Pressure to Sustain
We value the company at 8x FY24 EV/EBITDA and roll over our estimates to FY24 to arrive at TP of Rs 205/share, implying an upside of 9% from the...
198 Views
Cement Sector- 4QFY22 Earnings Preview- Steady performance expected amid severe cost inflation
Steady performance expected amid severe cost inflation 4QFY22 earnings of the cement sector will be characterized by the resilience of margins amid...
170 Views
Heidelberg Cement: Elevated Costs Impact Margins Despite Strong Volume Growth
The stock is currently trading at 9.5x FY22E and 7.7x FY23E EV/EBITDA. We value the company at 8x FY23 EV/EBITDA to arrive at TP of Rs 260 share,...
285 Views
Margins impacted by cost escalations
HeidelbergCement India’s (HEIM) Q2FY22 EBITDA at Rs1.2bn (down 8% YoY) was higher than our / consensus estimates led by higher volumes, up 11% YoY...
139 Views
Axis Annual Analysis:Heidelberg Cem.
We arrive at a TP of Rs 265/share, valuing the company at 8x FY23 EV/EBITDA, which implies an upside of 3% from the CMP. Hence, we maintain a HOLD...
248 Views