Anjani Portland Cement Limited (APCL) AI Stock Analysis

• Market Cap: ₹3.74B
• Dividend Yield: N/A
• Average Volume (3M): 1.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: -3.03%
• EPS Growth: 27.30%
• Country: IN
• Employees: 238
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -1.68
• Shares Outstanding: 29,374,763
• 10 Day Avg. Volume: 1,837
• 30 Day Avg. Volume: 1,140
• PEG Ratio: -0.04
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 0.74
• P/FCF Ratio: -71.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: ₹138.00 ▲(8.36% Upside)

The score is held down primarily by weak financial performance (declining revenue, losses, high leverage, and negative free cash flow). Technical indicators are supportive and partially offset the fundamentals, while valuation remains unattractive due to loss-making earnings and no dividend data.

Positive Factors

Market Presence

APCL's strong market presence and use of modern technology position it well to maintain competitive advantages in the Indian cement industry.

Revenue Model

Long-term contracts with construction firms ensure stable revenue streams, enhancing financial predictability and resilience against market fluctuations.

Strategic Partnerships

Strategic partnerships expand APCL's market reach and sales, supporting sustained revenue growth and competitive positioning in the cement industry.

Negative Factors

Revenue Decline

The significant revenue decline indicates challenges in market demand or competitive pressures, which could impact long-term growth and profitability.

High Leverage

High leverage increases financial risk and limits flexibility, potentially affecting the company's ability to invest in growth opportunities or weather economic downturns.

Negative Cash Flow

Negative free cash flow suggests liquidity issues, which can hinder operational efficiency and limit the company's ability to fund new projects or manage debt effectively.

Anjani Portland Cement Limited Business Overview & Revenue Model

Company Description

Anjani Portland Cement Limited manufactures and trades in cement in India. It operates through Cement and Power Plant segments. The company offers ordinary Portland, Portland Pozollana, rapid hardening Portland, and composite cement. It is also involved in the power generation activities. Anjani Portland Cement Limited was formerly known as Shez Cement Limited and changed its name to Anjani Portland Cement Limited in October 1999. The company was incorporated in 1983 and is based in Hyderabad, India. Anjani Portland Cement Limited is a subsidiary of Chettinad Cement Corporation Private Limited.

How the Company Makes Money

Anjani Portland Cement Limited generates revenue primarily through the sale of cement products, including OPC and PPC. The company's revenue model is largely based on direct sales to construction companies, retailers, and distributors. Key revenue streams include bulk sales to large construction projects and retail sales through local distributors. Additionally, APCL benefits from long-term contracts with major construction firms, which provide a stable income source. The company also focuses on cost efficiency in production and logistics, which helps to enhance profit margins. Strategic partnerships with suppliers and distributors further bolster its market reach and sales volume, contributing significantly to its overall earnings.

Anjani Portland Cement Limited Financial Statement Overview

Summary

Anjani Portland Cement Limited is facing significant financial challenges, including declining revenues, negative profit margins, high leverage, and cash flow constraints. The company needs to address profitability and leverage to improve financial stability.

Income Statement

Anjani Portland Cement Limited has experienced a significant decline in its revenue, with a negative revenue growth rate in recent periods. The gross profit margin and net profit margin have been under pressure, with the latter being negative due to substantial net losses. EBIT and EBITDA margins are also negative, indicating profitability challenges.

Balance Sheet

The company has a high debt-to-equity ratio, reflecting significant leverage. The return on equity has been negative due to net losses. Despite these challenges, the equity ratio indicates a reasonable proportion of equity financing in the asset base. However, the overall financial stability is impacted by high leverage and declining equity.

Cash Flow

Cash flow from operations has decreased significantly, and free cash flow has turned negative, highlighting liquidity constraints. The operating cash flow to net income ratio suggests difficulty in converting earnings into cash. The negative free cash flow growth rate emphasizes cash management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.54B	4.28B	6.24B	6.62B	7.98B	4.06B
Gross Profit	3.07B	319.20M	881.30M	5.44B	2.21B	3.28B
EBITDA	-34.20M	-179.40M	299.40M	237.80M	1.47B	1.22B
Net Income	-652.00M	-808.20M	-390.70M	-581.40M	414.20M	849.80M
Balance Sheet
Total Assets	0.00	9.43B	10.01B	10.41B	11.17B	4.66B
Cash, Cash Equivalents and Short-Term Investments	9.30M	3.10M	24.70M	3.10M	119.90M	1.86B
Total Debt	0.00	4.63B	4.27B	4.36B	5.01B	28.00M
Total Liabilities	-2.16B	7.27B	7.04B	7.04B	7.95B	1.20B
Stockholders Equity	2.16B	2.14B	2.94B	3.34B	3.18B	3.46B
Cash Flow
Free Cash Flow	0.00	-44.40M	376.30M	66.40M	915.10M	1.34B
Operating Cash Flow	0.00	97.00M	526.40M	207.20M	985.40M	1.38B
Investing Cash Flow	0.00	-146.80M	-124.60M	-137.10M	-5.12B	-1.18B
Financing Cash Flow	0.00	28.20M	-380.20M	-186.40M	4.10B	-137.00M

Anjani Portland Cement Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 127.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:APCL, the sentiment is Positive. The current price of 127.35 is above the 20-day moving average (MA) of 125.15, above the 50-day MA of 122.80, and below the 200-day MA of 132.02, indicating a bullish trend. The MACD of 3.12 indicates Negative momentum. The RSI at 61.34 is Neutral, neither overbought nor oversold. The STOCH value of 60.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:APCL.

Anjani Portland Cement Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NIRAJ	70 Outperform	₹2.16B	9.66	―	―	14.89%	7.47%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BVCL	55 Neutral	₹941.80M	26.10	―	―	-2.41%	-4.51%
KAKATCEM	53 Neutral	₹947.63M	-3.38	―	2.30%	-32.19%	-1097.08%
APCL	51 Neutral	₹3.74B	-9.53	―	―	-3.03%	27.30%
ASTRON	44 Neutral	₹265.05M	-0.55	―	―	-98.56%	-96.41%
ACL	41 Neutral	₹6.67B	-3.79	―	―	8.17%	-67.80%

Anjani Portland Cement Limited Corporate Events

Anjani Portland Cement Initiates Postal Ballot for Key Resolutions

Anjani Portland Cement Limited has announced the dispatch of a Postal Ballot Notice to seek approval from its members for several resolutions, including altering the Articles of Association and selling shares in its subsidiary, Bhavya Cements Private Limited. The company is also seeking approval for material related party transactions with Chettinad Cement Corporation Private Limited. The voting will be conducted electronically via remote e-voting, facilitated by KFin Technologies Limited, from November 24, 2025, to December 24, 2025. This move is part of the company’s compliance with regulatory requirements and aims to streamline decision-making processes.