Udaipur Cement Works Ltd. (UDAICEMENT) AI Stock Analysis

• Market Cap: ₹19.63B
• Dividend Yield: N/A
• Average Volume (3M): 151.04K
• Price to Earnings (P/E): 130.8
• Beta (1Y): 1.16
• Revenue Growth: 26.55%
• EPS Growth: -77.02%
• Country: IN
• Employees: 330
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Construction Materials
• EPS (TTM): 0.71
• Shares Outstanding: 560,537,660
• 10 Day Avg. Volume: 84,356
• 30 Day Avg. Volume: 151,043
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹36.00
• Price Target Upside: 2.80% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: ₹36.00 ▲(2.80% Upside)

Udaipur Cement Works Ltd. presents a mixed outlook with strong financial performance and bullish technical indicators, but faces valuation concerns due to a high P/E ratio and overbought signals. The absence of a dividend yield and high leverage further constrain the stock's appeal.

Udaipur Cement Works Ltd. Business Overview & Revenue Model

Company Description

Udaipur Cement Works Ltd. (UDAICEMENT) is a leading Indian cement manufacturing company based in Udaipur, Rajasthan. As part of the JK Lakshmi Cement group, the company specializes in producing a variety of cement products, including Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC). The company is committed to providing high-quality cement solutions for infrastructure and construction projects, serving a diverse clientele ranging from individual home builders to large-scale contractors.

How the Company Makes Money

Udaipur Cement Works Ltd. generates revenue primarily through the production and sale of cement products. The company operates manufacturing plants that produce cement, which is then distributed through a network of dealers and distributors across various regions. Key revenue streams include domestic sales to the construction and infrastructure sectors, as well as exports to neighboring countries. The company may also engage in strategic partnerships with construction firms and government projects to secure large volume contracts. Additionally, Udaipur Cement Works Ltd. focuses on operational efficiency and cost management to enhance profitability, leveraging its affiliation with JK Lakshmi Cement to optimize supply chain and distribution networks.

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

Udaipur Cement Works Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 35.02 is below the 20-day moving average (MA) of 35.82, above the 50-day MA of 33.63, and above the 200-day MA of 29.76, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 51.26 is Neutral, neither overbought nor oversold. The STOCH value of 31.05 is Neutral, 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
SHREDIGCEM	68 Neutral	₹12.16B	43.89		3.65%	-4.08%	-66.35%
DECCANCE	64 Neutral	₹14.87B	74.10		0.28%	-35.17%	-22.61%
SAURASHCEM	63 Neutral	₹13.32B	95.76		1.67%	-7.59%	-74.43%
Sector *	61 Neutral	₹122.01B	28.67	7.89%	0.86%	5.34%	-6.04%
UDAICEMENT	60 Neutral	₹19.63B	130.83		―	26.55%	-77.02%
MANGLMCEM	56 Neutral	₹19.61B	32.54		0.21%	3.95%	-2.94%
SANGHIIND	45 Neutral	₹17.01B	―		―	12.93%	-39.27%