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Credit Rating

Andhra Cements Credit Rating

India Ratings & Research has placed Andhra Cements Limited's ₹986.97 Crore bank loan facilities on Rating Watch with Developing Implications. The rating action follows the proposed amalgamation of the company with its parent, Sagar Cements Limited. Currently rated IND BBB/IND A3+, the watch reflects potential restructuring of the group's cement business and debt transfer.

Key figures
Value₹987.0 Cr
Source

NSE filing, NSE: ACL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Andhra Cements Ltd: key numbers

Share price
₹36.26
Market cap
₹334.2 Cr
Revenue (annual)
₹442.5 Cr
Net profit (annual)
₹-67.16 Cr
P/E (TTM)
-4.5×Sector 31.3×
Promoter holding
75.00%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:52 IST BSE
Production Started

Andhra Cements Production Started

Andhra Cements Ltd has commenced commercial operations at its Durga Cement Works Plant, increasing its grinding capacity by 1.18 MTPA to 3.00 MTPA.

cement grinding capacity
1.18 MTPA

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