Dont know why KCP is not included in the list below, but hope it should also benefit.
How does 4.3 million tons pa capacity of KCP compare with the capacity of other South based cement plants mentioned in the list ?
While southern region witnessed the steepest hike of Rs 30-40 per bag followed by Rs 15-20 per bag hike in the West and Rs 12-15 per bag hike in the East, prices in North and Central region remained flattish during February.
To sweeten it further, power & fuel cost and diesel costs have softened by around 20 percent from their recent high in Q2FY19. Moreover, prices of petcoke, a key input, have come down from peak levels of $120-130 per tonne to $95 per tonne.
Elara Capital has estimated earnings of five south-based cement companies assuming a price hike of Rs 25-40 per bag for the next few quarters. Its analysis indicates that these companies’ EBITDA could increase in the range of 65-145 percent YoY over next few quarters.