📉 Ab Aage Kya? Details Mein Jaante Hain!
Anjani Portland Cement Limited ke latest results ne sabko surprise kar diya hai. Company standalone aur consolidated dono mein profit se loss mein chali gayi hai, jo ki Q3 FY2026 aur nine months dono periods ke liye hai.
Standalone Performance (Q3 FY2026):
Standalone revenue thoda sa, sirf 0.2% badh kar ₹268.02 Crore ho gaya Q3 FY2025 ke ₹267.46 Crore se. Lekin total income 0.4% badh kar ₹271.50 Crore hui, jabki total expenses 2.6% badh kar ₹262.50 Crore ho gaye. Is wajah se, jo pehle ₹24 Crore ka Profit Before Tax (PBT) tha, woh ab ₹53.59 Crore ka loss ban gaya. Aur Net Loss ₹34 Crore profit se seedha ₹38 Crore loss mein aa gaya. EPS bhi ₹1.80 se gir kar (₹1.83) ho gaya.
Standalone Performance (Nine Months Ended December 31, 2025):
Nine months mein toh revenue ki waat lag gayi, 33.7% YoY gir kar ₹2474.60 Crore ho gaya ₹3734.00 Crore se. Total income 33.3% gir kar ₹2505.25 Crore ho gayi. Company ne ₹1044.50 Crore ka PBT loss report kiya hai, jo ki FY2025 ke ₹554 Crore profit se ekdum ulat hai. Net Loss bhi ₹1044.50 Crore ho gaya, jabki pichle saal ₹3202 Crore ka profit tha. Is period mein ek ₹75.50 Crore ka subsidiary investment sale ka loss bhi shamil hai. EPS toh ₹34.02 se gir kar (₹118.50) ho gaya.
Consolidated Performance (Q3 FY2026):
Consolidated level par bhi revenue 23.3% gir kar ₹807.70 Crore ho gaya ₹1053.10 Crore se. Total income 23.1% gir kar ₹815.61 Crore hui. Expenses 4.9% badh kar ₹1009.88 Crore ho gaye. Is wajah se, consolidated PBT loss ₹30.59 Crore se badh kar ₹194.27 Crore ho gaya. Consolidated Net Loss ₹206.80 Crore se thoda kam hokar ₹194.27 Crore raha. EPS (₹8.75) se (₹7.51) ho gaya.
Consolidated Performance (Nine Months Ended December 31, 2025):
Nine months consolidated revenue 23.2% gir kar ₹2727.50 Crore ho gaya ₹3537.00 Crore se. Total income 23.2% gir kar ₹2735.38 Crore hui. Expenses 18.7% kam hokar ₹2952.00 Crore ho gaye. PBT loss ₹76.20 Crore se ₹216.62 Crore ho gaya, aur consolidated Net Loss ₹80.83 Crore se badh kar ₹217.69 Crore ho gaya hai. Consolidated EPS (₹31.39) se gir kar (₹8.45) ho gaya.
Quality aur Risks:
Sabse badi chinta margins ki hai. Standalone basis par PBT margins 9% se seedha -20% ho gaye Q3 mein, aur nine months mein toh 14.8% se -42.2% ho gaye. Consolidated margins bhi pressure mein hain, PBT margins Q3 mein -24% aur nine months mein -7.94% ho gaye hain. Revenue girne ke saath expenses ka badhna operational inefficiencies ya rising input costs ki taraf ishara karta hai. Company Four Labour Codes ke implications ko bhi evaluate kar rahi hai, jisse future mein aur cost aa sakti hai. Jab tak company revenue girna nahi rok paati aur losses ko reverse nahi karti, tab tak outlook uncertain hi rahega. Investors ko ab management ke next steps ka intezar rahega.