- Net Income: HeidelbergCement India’s net income rose 38% year-over-year to 481.6 million rupees, exceeding estimates of 364.9 million rupees.
- Revenue: Revenue saw a slight decrease of 0.8%, reaching 5.97 billion rupees, below the estimated 6.07 billion rupees.
- Total Costs: Total costs decreased by 3.9%, totaling 5.45 billion rupees.
- Other Income: Other income increased modestly by 2.4% to 138 million rupees.
- Dividend: The company declared a dividend of 8 rupees per share.
- EBITDA: EBITDA surged by 29% to 889 million rupees, surpassing the estimate of 690.6 million rupees.
- EBITDA Margin: Improved to 14.9% from the previous year’s 11.5%.
- Volume: Sales volume increased by 4% year-over-year.
- Operational Changes: The company plans to close its clinker production at Ammasandra but will continue cement grinding operations.
- Stock Performance: Shares rose by 3.5% to 207.05 rupees, with 821,015 shares traded.
- Analyst Recommendations: There are 1 buy, 6 hold, and 9 sell ratings for HeidelbergCement India’s stock.
A look at Heidelberg Materials Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Heidelberg Materials AG, a company specializing in building materials and solutions, showcases promising long-term prospects according to the Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, and Growth, the company demonstrates a robust foundation for potential future success. The strong Momentum score further underlines positive market sentiment and indicates a favorable outlook in the coming years. While Resilience scores slightly lower, the overall outlook for Heidelberg Materials appears upbeat, bolstered by its diverse product offerings and global customer base.
Heidelberg Materials AG’s advantageous Smartkarma Smart Scores position the company favorably in the market. With high scores in Value, Dividend, Growth, and Momentum, Heidelberg Materials is poised for sustained growth and profitability. While Resilience scores slightly lower, the company’s focus on producing and marketing essential building materials like cement, aggregates, and ready-mixed concrete ensures a steady demand stream from customers worldwide. This, coupled with the positive market sentiment indicated by the high Momentum score, paints a promising picture for Heidelberg Materials’ long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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