Udaipur Cement Works Ltd. (UDAICEMENT) AI Stock Analysis

• Market Cap: ₹20.29B
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 134.7
• Beta (1Y): 1.28
• Revenue Growth: 26.55%
• EPS Growth: -77.02%
• Country: IN
• Employees: 330
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.71
• Shares Outstanding: 560,537,660
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -1.74
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 1.02
• P/FCF Ratio: 69.46
• 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: 54 Neutral
• Price Target: ₹37.00 ▲(2.24% Upside)

Udaipur Cement Works Ltd. scores moderately due to solid revenue growth and improved gross profit margins. However, high leverage, profitability challenges, and an overvalued P/E ratio weigh down the overall score. Technical indicators show stability but do not provide strong bullish signals.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, which are crucial for long-term business sustainability.

Gross Profit Margin Improvement

Improved gross margins reflect better cost management and operational efficiency, enhancing the company's profitability potential.

Market Position

A diverse market presence in residential, commercial, and industrial sectors supports revenue stability and growth opportunities.

Negative Factors

High Leverage

High leverage can increase financial risk and limit the company's ability to invest in growth opportunities, impacting long-term stability.

Profitability Challenges

Declining net profit margins indicate pressure on profitability, which can affect the company's ability to generate sustainable earnings.

Cash Flow Management

Low free cash flow relative to net income suggests challenges in cash generation, which may hinder growth and debt reduction efforts.

Udaipur Cement Works Ltd. Business Overview & Revenue Model

Company Description

Udaipur Cement Works Ltd. (UDAICEMENT) is a prominent cement manufacturing company based in Udaipur, India. It operates within the construction materials sector, focusing on producing high-quality cement and related products. UDAICEMENT caters to a diverse market, supplying cement for residential, commercial, and industrial construction projects. The company's core products include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and other specialized cement variants, designed to meet various customer needs in the construction industry.

How the Company Makes Money

UDAICEMENT generates revenue primarily through the sale of its cement products. The company's revenue model relies on direct sales to construction companies, contractors, and retailers, as well as through distribution channels that extend its market reach. Key revenue streams include bulk cement sales for large projects and packaged cement for retail customers. Additionally, UDAICEMENT may benefit from strategic partnerships with construction firms and distributors that enhance its market presence. The company's earnings are also influenced by the overall demand for construction materials, government infrastructure initiatives, and economic conditions that drive construction activity.

Udaipur Cement Works Ltd. Financial Statement Overview

Summary

Udaipur Cement Works Ltd. has demonstrated strong revenue growth and operational efficiency, but faces challenges with high leverage and negative Free Cash Flow due to capital investments. These factors highlight the need for careful management of debt and cash flows.

Income Statement

Udaipur Cement Works Ltd. has demonstrated solid growth in revenue, with an increase in Total Revenue from ₹6,857.7M in 2020 to ₹14,724.8M in 2025. The Gross Profit Margin has remained healthy, indicating efficient cost management. However, the Net Profit Margin has been volatile, reflecting some challenges in converting revenue into net income. Notably, EBIT and EBITDA margins show stability, suggesting operational efficiency improvements over the years.

Balance Sheet

The balance sheet shows a significant increase in Total Assets, indicating expansion and investment. However, the Debt-to-Equity Ratio remains high, implying substantial leverage which could pose risks in downturns. Despite this, the Return on Equity has improved, reflecting better utilization of equity for generating profits. The Equity Ratio indicates a moderate reliance on equity financing, which may need attention to ensure long-term financial stability.

Cash Flow

Cash flow from operations has been consistent, reflecting stable cash generation from core activities. However, Free Cash Flow has been negative in several years due to high capital expenditures, impacting liquidity. The Operating Cash Flow to Net Income Ratio suggests effective cash conversion from profits, though the Free Cash Flow to Net Income Ratio indicates potential liquidity constraints due to ongoing investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.72B	14.72B	11.64B	10.31B	8.76B	7.35B
Gross Profit	6.56B	6.54B	2.34B	3.09B	5.08B	4.00B
EBITDA	2.38B	2.35B	2.06B	1.34B	1.50B	1.44B
Net Income	148.50M	100.90M	614.10M	358.60M	486.60M	550.00M
Balance Sheet
Total Assets	26.95B	26.95B	24.62B	17.95B	14.29B	9.75B
Cash, Cash Equivalents and Short-Term Investments	2.40B	2.40B	1.33B	60.50M	3.21B	1.05B
Total Debt	16.17B	16.17B	13.10B	11.45B	9.41B	5.70B
Total Liabilities	18.94B	18.94B	15.75B	14.50B	11.34B	7.28B
Stockholders Equity	8.00B	8.00B	8.87B	3.46B	2.95B	2.47B
Cash Flow
Free Cash Flow	0.00	215.80M	-4.57B	-4.90B	-1.11B	1.39B
Operating Cash Flow	0.00	1.41B	1.28B	994.10M	1.43B	1.87B
Investing Cash Flow	0.00	-3.39B	-6.75B	-5.00B	-2.44B	-1.14B
Financing Cash Flow	0.00	1.98B	5.76B	1.71B	3.22B	-615.20M

Udaipur Cement Works Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.19
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UDAICEMENT, the sentiment is Positive. The current price of 36.19 is above the 20-day moving average (MA) of 36.19, below the 50-day MA of 36.19, and above the 200-day MA of 32.87, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.78 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UDAICEMENT.

Udaipur Cement Works Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MANGLMCEM	59 Neutral	₹21.38B	27.74	―	0.19%	10.61%	43.88%
UDAICEMENT	54 Neutral	₹20.29B	134.74	―	―	26.55%	-77.02%
SAURASHCEM	53 Neutral	₹9.10B	26.43	―	2.32%	2.37%	55.27%
SHREDIGCEM	50 Neutral	₹13.29B	35.42	―	1.67%	3.09%	-50.15%
DECCANCE	48 Neutral	₹10.72B	32.32	―	0.08%	-28.32%	93.44%
SANGHIIND	44 Neutral	₹16.09B	-3.96	―	―	32.54%	19.65%