Cash flow ITD Cementation India Limited

Equities

ITDCEM

INE686A01026

Construction & Engineering

Delayed Bombay S.E. Other stock markets 01:54:55 13/09/2024 pm IST			5-day change	1st Jan Change
471.10 ^INR	-0.65%		-7.76%	+65.29%

15/08	ITD Cementation India's Consolidated Profit Nearly Doubles in Fiscal Q1	MT
08/08	Transcript : ITD Cementation India Limited, Q1 2025 Earnings Call, Aug 08, 2024

26.YenM4owAVmVGwjJiEBeNOZBCcAvGOxAHtFfdzCA5wjw.L9H8kPQzMigR8XxSRU7EUaB3FlyWc3F1-hiymnQOiXEV0YjS_HNmDz6lVQ

Published financial data: ITD CEMENTATION INDIA LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	28.61B	27.28B	38.09B	50.91B	77.18B
Other Revenues, Total	-	-	-	-	-
Total Revenues	28.61B	27.28B	38.09B	50.91B	77.18B
Cost of Goods Sold, Total	17.62B	16.57B	24.2B	32.51B	50.28B
Gross Profit	10.98B	10.71B	13.89B	18.4B	26.9B
Selling General & Admin Expenses, Total	4.95B	5.3B	6.35B	8.06B	10.83B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	965M	1B	1.03B	1.14B	2.08B
Other Operating Expenses	3.05B	3.27B	4.56B	6.33B	8.62B
Other Operating Expenses, Total	8.97B	9.57B	11.94B	15.53B	21.53B
Operating Income	2.02B	1.13B	1.95B	2.87B	5.37B
Interest Expense, Total	-948M	-971M	-979M	-1.08B	-1.48B
Interest And Investment Income	38.62M	84.7M	50.42M	169M	331M
Net Interest Expenses	-910M	-886M	-929M	-908M	-1.15B
Income (Loss) On Equity Invest.	278M	330M	330M	343M	158M
Currency Exchange Gains (Loss)	-9.24M	-5.92M	-44.05M	-3.08M	26.11M
Other Non Operating Income (Expenses)	-350M	-407M	-435M	-528M	-647M
EBT, Excl. Unusual Items	1.03B	165M	872M	1.77B	3.76B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-15.95M	34.57M	29.55M	8.93M	59.29M
Insurance Settlements	-	801K	36.18M	-	7.94M
Other Unusual Items	-409M	-	-	59.41M	-
EBT, Incl. Unusual Items	601M	200M	938M	1.84B	3.83B
Income Tax Expense	163M	40.52M	244M	591M	1.09B
Earnings From Continuing Operations	438M	160M	693M	1.25B	2.74B
Net Income to Company	438M	160M	693M	1.25B	2.74B
Minority Interest	-5.98M	-1.96M	-5.36M	-4.83M	-4.51M
Net Income - (IS)	432M	158M	688M	1.24B	2.74B
Net Income to Common Incl Extra Items	432M	158M	688M	1.24B	2.74B
Net Income to Common Excl. Extra Items	432M	158M	688M	1.24B	2.74B
Per Share Items
Net EPS - Basic	2.51	0.92	4.01	7.23	15.93
Basic EPS - Continuing Operations	2.51	0.92	4.01	7.23	15.93
Basic Weighted Average Shares Outstanding	172M	172M	172M	172M	172M
Net EPS - Diluted	2.51	0.92	4.01	7.23	15.93
Diluted EPS - Continuing Operations	2.51	0.92	4.01	7.23	15.93
Diluted Weighted Average Shares Outstanding	172M	172M	172M	172M	172M
Normalized Basic EPS	3.7	0.59	3.14	6.41	13.67
Normalized Diluted EPS	3.7	0.59	3.14	6.41	13.67
Dividend Per Share	0.3	0.12	0.45	0.75	1.7
Payout Ratio	19.19	32.68	3	6.21	4.7
Supplemental Items
EBITDA	2.69B	1.82B	2.76B	3.81B	7.25B
EBITA	2.02B	1.13B	1.95B	2.87B	5.37B
EBIT	2.02B	1.13B	1.95B	2.87B	5.37B
EBITDAR	4.18B	3.68B	5.38B	7.05B	11.88B
Total Revenues (As Reported)	28.65B	27.4B	38.21B	51.2B	77.66B
Effective Tax Rate - (Ratio)	27.18	20.25	26.05	32.17	28.42
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	120M	77.19M	260M	593M	1.29B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	43M	-36.68M	-15.98M	-1.76M	-203M
Normalized Net Income	635M	101M	540M	1.1B	2.35B
Interest on Long-Term Debt	109M	103M	147M	212M	296M
Non-Cash Pension Expense	20.19M	20.56M	19.71M	19.04M	24.12M
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	1.49B	1.85B	2.62B	3.24B	4.64B
Imputed Operating Lease Interest Expense	2.11B	2.97B	4.03B	4.21B	6.62B
Imputed Operating Lease Depreciation	-620M	-1.12B	-1.41B	-969M	-1.98B
Maintenance & Repair Expenses, Total	97.08M	117M	122M	155M	168M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.37B	1.27B	3.86B	4.46B	6.09B
Short Term Investments	200K	127M	210M	280M	920M
Total Cash And Short Term Investments	2.37B	1.4B	4.07B	4.74B	7.01B
Accounts Receivable, Total	12.8B	13.84B	14.31B	21.32B	26.53B
Other Receivables	9.6M	106M	56.47M	441M	277M
Notes Receivable	2.85B	242M	-	-	-
Total Receivables	15.66B	14.19B	14.37B	21.76B	26.8B
Inventory	2.89B	3.37B	4B	5.77B	6.84B
Prepaid Expenses	310M	326M	262M	359M	369M
Restricted Cash	2.32M	-	-	-	-
Other Current Assets, Total	1.94B	2.66B	3.5B	4.2B	4.5B
Total Current Assets	23.18B	21.95B	26.2B	36.83B	45.52B
Gross Property Plant And Equipment	8.64B	9.77B	10.5B	14.38B	17.24B
Accumulated Depreciation	-2.43B	-3.29B	-3.97B	-4.75B	-6.33B
Net Property Plant And Equipment	6.21B	6.49B	6.53B	9.63B	10.91B
Long-term Investments	5.75M	1.84B	1.13B	449M	48.39M
Other Intangibles, Total	78.24M	59.35M	39.66M	19.99M	5.03M
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	75.34M	80.27M	-	-	-
Deferred Tax Assets Long-Term	19.74M	51.38M	60.64M	75.89M	296M
Other Long-Term Assets, Total	1.49B	1.41B	2.2B	3.16B	2.4B
Total Assets	31.06B	31.88B	36.16B	50.17B	59.17B
Liabilities
Accounts Payable, Total	6.57B	7.56B	9.37B	13.54B	16.47B
Accrued Expenses, Total	783M	753M	803M	1.16B	1.22B
Short-term Borrowings	4.44B	2.74B	3.91B	4.5B	5.83B
Current Portion of Long-Term Debt	131M	189M	370M	1.06B	1.46B
Current Portion of Leases	202M	192M	136M	156M	85.49M
Current Income Taxes Payable	-	34.88M	79.26M	77.07M	108M
Unearned Revenue Current, Total	7.1B	7.79B	8.28B	14.35B	16.68B
Other Current Liabilities	258M	371M	309M	529M	283M
Total Current Liabilities	19.48B	19.63B	23.26B	35.38B	42.13B
Long-Term Debt	166M	870M	874M	1.68B	1.33B
Long-Term Leases	447M	292M	317M	258M	185M
Pension & Other Post Retirement Benefits	218M	205M	179M	217M	282M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	188M	196M	192M	212M	266M
Total Liabilities	20.5B	21.2B	24.82B	37.75B	44.19B
Common Stock, Total	172M	172M	172M	172M	172M
Additional Paid In Capital	7.85B	7.85B	7.85B	7.85B	7.85B
Retained Earnings	2.5B	2.62B	3.31B	4.44B	6.99B
Comprehensive Income and Other	-26K	9.97M	-22.67M	-84.37M	-79.5M
Total Common Equity	10.53B	10.66B	11.31B	12.38B	14.94B
Minority Interest	27.67M	29.63M	34.99M	39.82M	44.34M
Total Equity	10.55B	10.69B	11.35B	12.41B	14.98B
Total Liabilities And Equity	31.06B	31.88B	36.16B	50.17B	59.17B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	172M	172M	172M	172M	172M
ECS Total Common Shares Outstanding	172M	172M	172M	172M	172M
Book Value / Share	61.27	62.04	65.85	72.04	86.95
Tangible Book Value	10.45B	10.6B	11.27B	12.36B	14.93B
Tangible Book Value Per Share	60.82	61.69	65.62	71.92	86.92
Total Debt	5.39B	4.28B	5.6B	7.66B	8.89B
Net Debt	3.02B	2.88B	1.54B	2.92B	1.88B
Debt Equivalent of Unfunded Proj. Benefit Obligation	301M	288M	263M	322M	405M
Debt Equivalent Oper. Leases	11.91B	14.82B	20.96B	25.91B	37.09B
Minority Interest, Total (Incl. Fin. Div)	27.67M	29.63M	34.99M	39.82M	44.34M
Equity Method Investments, Total	5.75M	1.84B	1.13B	449M	48.39M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.67B	3.1B	3.63B	5.33B	6.33B
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Others	220M	268M	377M	437M	510M
Land - (BS)	54.99M	54.99M	54.99M	54.99M	54.99M
Buildings, Total	252M	252M	252M	252M	336M
Machinery, Total	7.34B	7.89B	8.67B	11.4B	15.26B
Full Time Employees	2.12K	2.05K	2.07K	2.44K	2.63K
Accumulated Allowance for Doubtful Accounts (Supple)	324M	407M	434M	460M	582M
Order Backlog	117B	117B	156B	200B	199B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	432M	158M	688M	1.24B	2.74B
Depreciation & Amortization - CF	947M	982M	1.01B	1.12B	2.06B
Depreciation & Amortization, Total	947M	982M	1.01B	1.12B	2.06B
Amortization of Deferred Charges, Total - (CF)	17.91M	19.66M	19.68M	19.68M	14.96M
(Gain) Loss From Sale Of Asset	15.95M	-34.57M	-29.55M	-8.93M	-59.29M
(Gain) Loss on Sale of Investments - (CF)	141M	125M	91.39M	277M	556M
(Income) Loss On Equity Investments - (CF)	-278M	-330M	-330M	-343M	-158M
Provision and Write-off of Bad Debts	409M	-	-	-	-
Other Operating Activities, Total	893M	1.04B	1.03B	910M	2B
Change In Accounts Receivable	-1.79B	459M	-560M	-7.26B	-5.74B
Change In Inventories	-433M	-479M	-629M	-1.77B	-1.07B
Change In Accounts Payable	1.02B	1.03B	2.1B	3.97B	3.3B
Change in Other Net Operating Assets	3.39B	-610M	-274K	6.56B	3.4B
Cash from Operations	4.76B	2.35B	3.39B	4.71B	7.04B
Capital Expenditure	-1.1B	-1.45B	-1.11B	-4.18B	-3.56B
Sale of Property, Plant, and Equipment	163M	340M	158M	159M	208M
Investment in Marketable and Equity Securities, Total	-254M	239M	666M	-408M	-1.02B
Other Investing Activities, Total	17.66M	32.85M	38.77M	50.84M	183M
Cash from Investing	-1.17B	-841M	-247M	-4.38B	-4.19B
Short Term Debt Issued, Total	-	-	874M	593M	1.33B
Long-Term Debt Issued, Total	130M	936M	400M	2.01B	1.56B
Total Debt Issued	130M	936M	1.27B	2.6B	2.89B
Short Term Debt Repaid, Total	-603M	-1.7B	-	-	-
Long-Term Debt Repaid, Total	-418M	-505M	-463M	-679M	-1.73B
Total Debt Repaid	-1.02B	-2.2B	-463M	-679M	-1.73B
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-82.82M	-51.5M	-20.63M	-77.13M	-129M
Common & Preferred Stock Dividends Paid	-82.82M	-51.5M	-20.63M	-77.13M	-129M
Other Financing Activities, Total	-1.15B	-1.28B	-1.35B	-1.57B	-2.27B
Cash from Financing	-2.12B	-2.6B	-557M	278M	-1.23B
Miscellaneous Cash Flow Adjustments	-1K	-	-	-	-
Net Change in Cash	1.47B	-1.1B	2.58B	607M	1.62B
Supplemental Items
Cash Interest Paid	1.15B	1.28B	1.35B	1.57B	2.27B
Cash Income Tax Paid (Refund)	435M	220M	592M	1.01B	774M
Levered Free Cash Flow	2.45B	-843M	1.47B	-1.07B	-384M
Unlevered Free Cash Flow	3.04B	-237M	2.08B	-392M	539M
Change In Net Working Capital	-1.92B	493M	-944M	-864M	1.33B
Net Debt Issued / Repaid	-891M	-1.27B	811M	1.92B	1.17B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.42	2.24	3.58	4.15	6.14
Return on Total Capital	8	4.58	7.56	9.68	15.28
Return On Equity %	4.21	1.5	6.29	10.5	20.02
Return on Common Equity	4.16	1.49	6.26	10.49	20.04
Margin Analysis
Gross Profit Margin %	38.4	39.25	36.46	36.13	34.85
SG&A Margin	17.31	19.44	16.67	15.84	14.03
EBITDA Margin %	9.41	6.69	7.25	7.49	9.39
EBITA Margin %	7.05	4.15	5.12	5.63	6.96
EBIT Margin %	7.05	4.15	5.12	5.63	6.96
Income From Continuing Operations Margin %	1.53	0.58	1.82	2.45	3.55
Net Income Margin %	1.51	0.58	1.81	2.44	3.55
Net Avail. For Common Margin %	1.51	0.58	1.81	2.44	3.55
Normalized Net Income Margin	2.22	0.37	1.42	2.16	3.04
Levered Free Cash Flow Margin	8.57	-3.09	3.85	-2.09	-0.5
Unlevered Free Cash Flow Margin	10.64	-0.87	5.46	-0.77	0.7
Asset Turnover
Asset Turnover	1	0.86	1.12	1.18	1.41
Fixed Assets Turnover	4.98	4.3	5.85	6.3	7.52
Receivables Turnover (Average Receivables)