SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter dated 11th May, 2022, we provide hereunder the link of the call recording held today with the analysts in respect of the company''s audited standalone and consolidated financial results for the quarter and year ended 31st March, 2022. Earnings Call for Q4FY22 of Sagar Cements
Conference Call with Sagar Cements Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Sreekanth Reddy Q4FY22 Quarterly Result Announced for Sagar Cements Ltd.
Sagar Cements declares Q4FY22 result: Revenue increased by 20% YoY and volume increased by 10% for Q4 FY22. Plants operated around 62% during the current quarter. Operating EBITDA of Rs 6,109 lakhs for Q4 FY22 and Rs 27,577 lakhs during FY22; lower by 41% & 31% respectively. Operating EBITDA of Rs 542 per ton during Q4 FY22 and Rs 765 per ton during FY22. EBITDA margin declined by 1,300 bps to 12% for Q4 FY22 (v/s Q4 FY21) while the same declined by 1,200 bps to 17% during FY22 (v/s FY21). (Loss)/ Profit after tax stood at Rs. (1,915) lakhs for Q4FY22 and Rs 5,915 for FY22. The Board at its meeting held today has recommended for approval of the shareholders a dividend at Rs 0.70 per equity share of Rs 2 each (35%) on the 13,07,07,548 equity shares of the Company. 3% YoY increase in volumes during Q4 FY22 and 12% YoY increase in volumes during FY22. Op. EBITDA of Rs 6,934 lakhs during Q4 FY22 and Rs 28,609 lakhs during FY22; lower by 34% and 29% respectively. Op. EBITDA of Rs 657 per ton during Q4 FY22 and Rs 811 per ton during FY22; lower by 67% and 45% respectively. Commenting on the performance, Mr. Sreekanth Reddy, Jt. Managing Director of the Company said, “We are pleased with our performance for the quarter which witnessed a gradual pick up in volumes as well as realisations over the previous quarter. Realisations have further improved compared to the exit price of the quarter largely necessitated by the unrelenting increase in fuel prices. Demand sentiment as well is fairly buoyant, helping sustain the price revision. The increased volumes was largely owing to commissioning of new units. Another noteworthy development was the investment by Premji Invest to help meet the organic and inorganic aspirations of the Company. We will jointly work with Premji Invest towards setting up a best-in-class governance process in our endeavor to drive value creation for all the shareholders. Furthermore, we are also pleased to announce that we have been awarded the “Best Management Award” by the Govt. of Telangana and Gudipadu Unit was Awarded with “State Level and Zonal level overall 2nd prize for Mines Safety -2022”, in appreciation of the Safety and other working parameters in Mines by Mines Safety Association, Karnataka under the aegis of Directorate General of Mines Safety, Government of India. Our cost rationalization measures, and better inventory management helped us partly control the pressures of rising input prices. As indicated earlier, we have increased the usage of domestic coal and lowered our consumption of pet coke during the quarter which has helped us in lowering our operational cost. Going ahead, we believe the commissioning of the new units coupled with a strong balance sheet following the preferential allotment positions us well to deliver steady and consistent growth.” Result PDF SAGAR CEMENTS LTD.-$ - 502090 - Press Release Regarding Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2022
Further to our letter of date, we are sending herewith a copy of the Press Release being issued by us following the announcement of our audited financial results for the quarter and year ended 31st March 2022 SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to the above Regulation, we hereby inform you that the Board of Directors of our company at their meeting held today have appointed one Shri Madhavan Ganesan (DIN: 01674529) as an Additional Director to act as a Nominee Director of M/s.PI Opportunities Fund-I, Scheme II in terms of Shareholders'' Agreement entered into with the said entity. The details as required under SEBI (LODR) Regulations, 2015 read with SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015 along with the brief profile of S hri Madhavan Ganesan is given in the Annexure. In compliance with the BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018 and as per the confirmation received from Shri Madhavan Ganesan, we hereby confirm that Shri Madhavan Ganesan has not been debarred from holding the office of directors by virtue of any SEBI order or any other such authority. We would request you to kindly take the above information on record SAGAR CEMENTS LTD.-$ - 502090 - Corporate Action-Board approves Dividend
We refer to our letter dated 2nd May, 2022 informing your esteemed Exchange of our Board Meeting to be held on Wednesday, the 11th May 2022 to, inter-alia, consider and take on record the audited stand alone and consolidated financial results of the Company for the quarter/year ended 31st March, 2022 and to consider a proposal for recommending a dividend for the financial year 2021-22. In this connection, we wish to inform you that our Board at the above said meeting held today has recommended for approval of the shareholders at their 41st Annual General Meeting to be held on 30th June, 2022, a dividend at Rs.0.70 per equity share (35%) on the 13,07,07,548 equity shares of Rs.2/- each of the company for the financial year 2021-22. SAGAR CEMENTS LTD.-$ - 502090 - Regulation 33 Of SEBI (LODR) Regulations 2015 - Furnishing Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2022
In continuation of our letter dated 2nd May, 2022, we wish to inform you that our Board of Directors at their meeting held on today took on record and approved the Audited Financial Results (Standalone and Consolidated) for the quarter/ year ended March 31, 2022. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose the following: a) Statements showing the Audited Financial Results (Standalone and Consolidated) for the quarter/ year ended March 31, 2022; b) Auditors'' Report on the Financial Results - Standalone and Consolidated. c) Declaration with regard to Auditor''s Report being an unmodified one. SAGAR CEMENTS LTD.-$ - 502090 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May 10, 2022 for Anand Reddy Sammidi, Sreekanth Reddy Sammidi, Aruna Sammidi, Rachana Sammidi, Siddarth Sammidi, Aneesh Reddy Sammidi, R V Consulting Services Pvt Ltd & Sagar Priya Housing and Industrial Enterprises Ltd SAGAR CEMENTS LTD.-$ - 502090 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 10, 2022 for Anand Reddy Sammidi, Sreekanth Reddy Sammidi, Aruna Sammidi, Rachana Sammidi, Siddarth Sammidi, Aneesh Reddy Sammidi, R V Consulting Services Pvt Ltd & Sagar Priya Housing and Industrial Enterprises Ltd