MarketFriction

Anjani Portland Cement Ltd

NSE APCL · BSE 518091 · Cement & Cement Products
₹94.76 +0.57%
NSE close2026-10-01
52 week range92.00 - 148.78
Market cap₹279 Cr.
Price band 20% Delivery 82.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales143.49166.98157.88115.7870.07105.31138.87139.53111.5380.11124.0489.76
Expenses140.02155.49147.63117.7878.65109.49143.73127.08102.6581.54110.4488.40
Operating Profit3.4711.4910.25-2.00-8.58-4.18-4.8612.458.88-1.4313.601.36
OPM %2.42%6.88%6.49%-1.73%-12.24%-3.97%-3.50%8.92%7.96%-1.79%10.96%1.52%
Other Income0.270.270.000.230.171.010.270.180.840.170.510.16
Interest8.168.107.938.118.408.578.358.608.348.784.904.92
Depreciation12.4712.0412.3411.4311.4311.4611.288.616.6610.668.447.44
Profit before tax-16.89-8.38-10.02-21.31-28.24-23.20-24.22-4.58-5.28-20.700.77-10.84
Tax %-9.47%-29.12%-54.49%-10.46%0.50%-10.95%-45.91%-24.67%-7.58%-5.17%-114.29%-9.59%
Net Profit-15.29-5.94-4.56-19.08-28.38-20.66-13.10-3.45-4.88-19.631.65-9.80
EPS in Rs-5.21-2.02-1.49-6.47-9.62-7.00-4.42-1.16-1.67-6.66-0.30-2.41
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales117150144193311305801662624430455405
Expenses80106113153241246657640595450422383
Operating Profit3744314170591442129-203422
OPM %32%29%21%21%23%19%18%3.2%4.6%-4.6%7%6%
Other Income0-44431331222
Interest777283637303432333127
Depreciation566161717585448463433
Profit before tax252722220659-64-50-97-30-36
Tax %30%37%43%53%13%32%29%-9%-22%-16%-12%
Net Profit181712117442-58-39-81-26-33
EPS in Rs4.654.443.220.194.521.1410.93-19.79-13.30-27.51-9.80-11.04
Dividend Payout %16%16%15%204%13%0%18%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%-12%-11%
Compounded Profit Growth%%14%50%
Stock Price CAGR-5%-24%-21%-29%
Return on Equity%-11%-17%-10%
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital181818181818182529292929
Reserves11253949486267293304265184340
Borrowings385457212263280254501436427463277
Other Liabilities14313235476474297271280266268
Total Liabilities821281463143764254131,1171,0411,001943915
Fixed Assets487877241255246249924882847812791
CWIP50202333011371
Investments000030700000
Other Assets29504971116146156191158151125123
Total Assets821281463143764254131,1171,0411,001943915
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity113330416625299215310-29
Cash from Investing Activity-15-38-26-153-33-33-19-505-14-12-15245
Cash from Financing Activity48-414917-26-34410-19-383-216
Net Cash Flow03-0-003-23-122-20
Free Cash Flow-4-53-149-17294092738-5-38
CFO/OP62%92%82%45%44%92%96%88%122%183%-49%-87%
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days324838544537402823242111
Inventory Days336199136176640256417145249249229248
Days Payable197174145220201150218177213257320262
Cash Conversion Cycle171732910484142238-45916-69-3
Working Capital Days806247113-164-1-71-43-39-98-7
ROCE %26%39%36%14%10%16%12%-4%-2%-9%0%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.06%0.04%0.03%0.04%0.08%0.03%0.04%0.01%0.01%0.00%0.00%0.00%
DIIs0.09%0.09%0.11%0.09%0.09%0.09%0.09%0.11%0.11%0.11%0.11%0.11%
Public24.86%24.87%24.87%24.86%24.82%24.87%24.86%24.87%24.87%24.89%24.89%24.90%
No. of Shareholders18,58618,68417,62217,25616,94916,39416,08415,73115,35514,86414,46614,332

Fundamentals

Market Cap₹ 279 Cr.
Current Price₹ 94.9
Book Value₹ 126
ROCE0.04 %
ROE-10.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-11%
Compounded Profit Growth (TTM)50%
Consolidated figures.
Valuation
Market capRs 278 Cr
Enterprise valueRs 555 Cr
Price to book0.75x
Price to sales0.69x
EV / EBITDA23.02x
EV / sales1.37x
Earnings yield-11.66%
P/B, 3-year average1.30x
P/E, 5-year average13.39x
P/B, 5-year average1.38x
Profitability
Operating margin (excl. other income)7.36%
Operating margin (incl. other income)7.73%
EBITDA margin5.94%
Pre-tax margin-8.89%
Net profit margin-8.01%
Net margin, latest quarter-7.89%
ROE-9.88%
ROCE0.13%
ROA-3.10%
ROE, 3-year average-18.04%
ROCE, 3-year average-3.80%
ROA, 3-year average-5.08%
ROE, 5-year average-10.28%
ROCE, 5-year average0.04%
ROA, 5-year average-3.04%
ROIC (approx.)-1.25%
Tax rate11.68%
Other income / net worth0.46%
Growth
Sales growth (latest year)5.86%
Sales CAGR, 3 years-11.71%
Sales CAGR, 5 years8.34%
Sales growth QoQ-27.64%
Sales growth YoY (latest quarter)-35.67%
Per share
EPS (TTM)Rs -11.05
EPS (latest year)Rs -9.80
EPS (latest quarter)Rs -2.41
EPS, 3-year averageRs -16.87
EPS, 5-year averageRs -10.81
Book value per shareRs 125.63
Sales per shareRs 138.02
Cash flow per shareRs -9.75
Free cash flow per shareRs -12.94
Dividend per share, 5-year averageRs 3.00
Dividends
Dividend payout, 5-year average18.32%
Efficiency
Asset turnover0.50x
Fixed asset turnover0.58x
Inventory turnover8.12x
Inventory days45 days
Debtor days11 days
Debtors turnover33.67x
Creditor days262 days
Cash conversion cycle-3 days
Working capital days-7 days
Leverage
Total debtRs 277 Cr
Cash and bankRs 1 Cr
Net debtRs 276 Cr
Debt to equity0.75x
Net debt / EBITDA11.47x
Interest coverage-0.34x
Owners' fund to total sources40.35%
Debt to assets30.32%
Cash flow
Cash from Operating Activity (latest year)Rs -29 Cr
Cash from Investing Activity (latest year)Rs 245 Cr
Cash from Financing Activity (latest year)Rs -216 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -38 Cr
FCFE (approx.: FCF + change in debt)Rs -224 Cr
Statement figures
Net sales (TTM)Rs 405 Cr
Net sales (latest year)Rs 455 Cr
Sales (latest quarter)Rs 90 Cr
Operating profit excl. other income (latest year)Rs 34 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 24 Cr
PBDT (TTM)Rs -3 Cr
Profit before tax (TTM)Rs -36 Cr
Tax (latest year)Rs -3 Cr
Net profit (TTM)Rs -32 Cr
Net profit (latest year)Rs -29 Cr
Net profit (latest quarter)Rs -7 Cr
Depreciation (TTM)Rs 33 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 27 Cr
Cost of goods sold (latest year)Rs 376 Cr
Total expenditure (latest year)Rs 422 Cr
Total income (latest year)Rs 457 Cr
Share capitalRs 29 Cr
ReservesRs 340 Cr
Shareholders' fundsRs 369 Cr
Total assetsRs 915 Cr
Net blockRs 791 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 14 Cr
InventoryRs 46 Cr
Other liabilitiesRs 268 Cr
Shares outstanding (crore)2.94
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.75 is the lowest in 10.1 years (median 4.38).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAPCLNifty 50Difference
1 week-0.5%-2.8% +2.2 pts
1 month-5.4%-6.8% +1.4 pts
3 months-8.6%-7.6% -0.9 pts
6 months-5.2%+0.4% -5.6 pts
1 year-30.7%-9.9% -20.7 pts
2 years-45.4%-13.6% -31.8 pts
3 years-50.2%+14.2% -64.4 pts
5 years-75.8%+27.9% -103.7 pts

Red flags

F-score 6 of 8
lookRepeated losses Net loss in each of the last two years
lookAuditor change Auditor change 2026-08-12: Anjani Portland Cement Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹90 Cr -35.7% vs Jun 2025. Net loss ₹10 Cr.
Against our estimate for Jun 2026: sales -22.2%, profit -148.0% in line. Our estimate for Sep 2026: sales Rs 86 Cr, profit Rs -7 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-08-02Annual General Meeting
2023-09-15Annual General Meeting
2022-12-16Rights 1:2 @ Premium Rs 187/-
2022-09-08Annual General Meeting/Dividend - Rs 3 Per Share
2021-09-07 Dividend - Rs 5 Per Sh
2021-09-07 Annual General Meeting
2020-08-13 Annual General Meeting/Dividend - Rs 5 Per Share
2019-08-20 Annual General Meeting/Dividend - Rs 2.50 Per Share
2018-08-30 Annual General Meeting/Dividend- Rs 2 Per Share
2017-08-31 Annual General Meeting/Dividend - Re 1/- Per Share
DateTypeWhat it says
2026-09-10Shareholder meetingProceedings of Annual General Meeting held on September 10, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along w...
2026-08-18Shareholder meetingNotice of Annual General Meeting to be held on September 10, 2026
2026-08-12Change in AuditorsChange in Auditors of the company.
2026-08-12Board meeting outcomeOutcome of the Board meeting
2026-06-11Change in ManagementChange in Management
2026-06-11General UpdatesTransition in Brand Name
2026-05-27AppointmentRe-appointment of Internal Auditors as Other of the company w.e.f. April 01, 2026.
2026-05-27Board meeting outcomeAnjani Portland Cement Limited has submitted to the Exchange, the outcome of the board meeting
2026-04-29Disclosure under SEBI TakeovChettinad Cement Corporation Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange ...
2026-04-09UpdatesIntimation of Phase II - 100 days campaign - Saksham Niveshak.
2026-02-12Board meeting outcomeAnjani Portland Cement Limited has submitted to the Exchange, the unaudited standalone and consolidated financial results for the quarter and nine mon...
2026-02-12Board meeting outcomeOutcome of the Board meeting held on February 12, 2026.
2025-12-31General UpdatesSale of shares held in subsidiary
2025-12-26Shareholder meetingAnjani Portland Cement Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot along with voting results
2025-11-21Shareholder meetingDispatch of Notice of Postal Ballot
2025-11-19Board meeting outcomeOutcome of the Adjourned Board Meeting held on November 19, 2025.
2025-11-14Board meeting outcomeAnjani Portland Cement Limited has submitted to the Exchange, the financial results for the quarter and half year ended September 30, 2025.
2025-11-14Board meeting outcomeThe outcome of the Board meeting held on November 14, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Anjani Portland Cement Ltd?

Anjani Portland Cement Ltd (APCL) has a market capitalisation of Rs 279 Cr. at the 2026-10-01 close.

What were Anjani Portland Cement Ltd's latest quarterly results?

In the Jun 2026 quarter, Anjani Portland Cement Ltd sales was Rs 90 Cr (-35.7% vs Jun 2025) with a net loss of Rs 10 Cr.

What is the 52-week high and low of Anjani Portland Cement Ltd?

The 52-week high is Rs 148.78 and the 52-week low is Rs 92.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03