Anjani Portland Cement - A multibagger

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Ravikumar, Feb 8, 2016.

  1. Ravikumar

    Ravikumar Active Member

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    Anjani Portland Cement owned by Chettinad group is a multibagger. Company is a turnaround story after Chettinad group took it.
    See the Q2 results and Q3 result will be out on 11th Feb.

    Q2 net profit was up 233 percent at Rs 9.59 Cr versus Rs 2.9 Cr (YoY); total income up 25 percent at Rs 79.1 Cr versus Rs 63.1 Cr (YoY); EBIDTA up 84 percent at Rs 24.1 cr versus Rs 13.1 cr and EBIDTA margin came in at 30.5 percent versus 20.8 percent
     
  2. Ravikumar

    Ravikumar Active Member

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    Anjani Cements stable even after market fluctuations......
     
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Chetttinad Group of South is good group. Reputed like Chola group. Good pick.
     
  4. w4wealth

    w4wealth Well-Known Member

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    thanks for sharing.
    debt is only concern . but it is reduced signficantly
     
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