Fifth-largest cement group in India, making cement, ready-mix concrete and building materials
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 242 | 315 | 357 | 357 | 357 | 357 | 357 | 357 |
| Reserves | 5.0k | 7.0k | 8.5k | 8.5k | 8.6k | 8.6k | 8.8k | 9.9k |
| Borrowings | 4.5k | 7.8k | 5.6k | 4.8k | 4.4k | 4.1k | 5.8k | 4.9k |
| Other Liabilities | 3.7k | 4.8k | 5.2k | 5.4k | 5.3k | 5.1k | 5.1k | 5.2k |
| Total Liabilities | 13.4k | 19.9k | 19.6k | 19.0k | 18.7k | 18.2k | 20.1k | 20.3k |
| AssetsFixed Assets | 10.0k | 15.0k | 15.4k | 15.0k | 15.0k | 14.7k | 14.8k | 14.7k |
| CWIP | 647 | 1.2k | 399 | 596 | 488 | 387 | 1.9k | 2.5k |
| Investments | 0 | 384 | 186 | 0 | 1 | 1 | 1 | 1 |
| Other Assets | 2.8k | 3.2k | 3.6k | 3.4k | 3.2k | 3.1k | 3.3k | 3.1k |
| Total Assets | 13.4k | 19.9k | 19.6k | 19.0k | 18.7k | 18.2k | 20.1k | 20.3k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NUVOCO · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.