Indian Cement Sector – Performance & Ranking Review (September 2011)
Synopsis
This report provides the periodic review of cement sector index and ranking. In today’s dynamic business world, indices play a vital role within the investment process, ranging from benchmarking the performance to comparison with broader indices. The indexing also facilitates in identifying the top players in the sector or a group.
Similarly ranking helps in identifying top and worst performers based on various metrics of evaluation. We use 5-factor model for the ranking purpose.
“Indian Cement Sector – Performance & Ranking Review” is the result of IS Advisors’ extensive financial research covering CNX 500 index.
Scope of the Report
The report presents key financial information on all the listed cement manufacturing companies which are part of CNX 500. In addition, it indicates top players through indexing and top performers through ranking.
Reasons to buy
This report provides the periodic review of cement sector index and ranking. In today’s dynamic business world, indices play a vital role within the investment process, ranging from benchmarking the performance to comparison with broader indices. The indexing also facilitates in identifying the top players in the sector or a group.
Similarly ranking helps in identifying top and worst performers based on various metrics of evaluation. We use 5-factor model for the ranking purpose.
“Indian Cement Sector – Performance & Ranking Review” is the result of IS Advisors’ extensive financial research covering CNX 500 index.
Scope of the Report
The report presents key financial information on all the listed cement manufacturing companies which are part of CNX 500. In addition, it indicates top players through indexing and top performers through ranking.
Reasons to buy
- The report provides essential financial information on key players in the sector
- An index called IS Cement Index is composed for benchmarking cement sector performance in capital markets
- A unique 5-factor model is used to rank the players
- An upward move in ranking of a company from one period to other can be considered good for investment purpose and vice-versa
- Top players in IS Cement Index
- Top Performers in Cement sector
- Worst Performers in Cement sector
1. INDEXING
1.1 Performance of IS Cement Index
1.1.1 Change in Index Levels
1.1.2 Change in P/E Levels
1.2 Composition of Index
1.2 Top Players in the Sector
1.3 Change in Index
1.3.1 Trend of Key Capital Markets Indicators
1.3.2 Top Gainers
1.3.3 Top Losers
1.4 Methodology for indexing
2. RANKING
2.1 Methodology for ranking
2.2 Defining Factors
2.3 Final Ranking
2.4 Factor-wise Ranking
2.4.1 Risk & Liquidity Management
2.4.1.1 Comparative Standing in the factor
2.4.1.2 Top 3 Performers as per the factor
2.4.1.3 Worst 3 Performers as per the factor
2.4.2 Operating Efficiency
2.4.2.1 Comparative Standing in the factor
2.4.2.2 Top 3 Performers as per the factor
2.4.2.3 Worst 3 Performers as per the factor
2.4.3 Profitability
2.4.3.1 Comparative Standing in the factor
2.4.3.2 Top 3 Performers as per the factor
2.4.3.3 Worst 3 Performers as per the factor
2.4.4 Market Test
2.4.4.1 Comparative Standing in the factor
2.4.4.2 Top 3 Performers as per the factor
2.4.4.3 Worst 3 Performers as per the factor
2.4.5 Earnings Quality
2.4.5.1 Comparative Standing in the factor
2.4.5.2 Top 3 Performers as per the factor
2.4.5.3 Worst 3 Performers as per the factor
2.5 Top Performers
2.5.1 Ambuja Cements Ltd.
2.5.2 Ramco Industries Ltd.
2.5.3 Everest Industries Ltd.
2.5.4 Grasim Industries Ltd.
2.5.5 ACC Ltd.
2.6 Worst Performers
2.6.1 Prism Cement Ltd.
2.6.2 Shree Cement Ltd.
2.6.3 India Cements Ltd.
2.6.4 Birla Corporation Ltd.
2.6.5 Century Textiles & Industries Ltd.
3. ANNEXURE
1.1 Performance of IS Cement Index
1.1.1 Change in Index Levels
1.1.2 Change in P/E Levels
1.2 Composition of Index
1.2 Top Players in the Sector
1.3 Change in Index
1.3.1 Trend of Key Capital Markets Indicators
1.3.2 Top Gainers
1.3.3 Top Losers
1.4 Methodology for indexing
2. RANKING
2.1 Methodology for ranking
2.2 Defining Factors
2.3 Final Ranking
2.4 Factor-wise Ranking
2.4.1 Risk & Liquidity Management
2.4.1.1 Comparative Standing in the factor
2.4.1.2 Top 3 Performers as per the factor
2.4.1.3 Worst 3 Performers as per the factor
2.4.2 Operating Efficiency
2.4.2.1 Comparative Standing in the factor
2.4.2.2 Top 3 Performers as per the factor
2.4.2.3 Worst 3 Performers as per the factor
2.4.3 Profitability
2.4.3.1 Comparative Standing in the factor
2.4.3.2 Top 3 Performers as per the factor
2.4.3.3 Worst 3 Performers as per the factor
2.4.4 Market Test
2.4.4.1 Comparative Standing in the factor
2.4.4.2 Top 3 Performers as per the factor
2.4.4.3 Worst 3 Performers as per the factor
2.4.5 Earnings Quality
2.4.5.1 Comparative Standing in the factor
2.4.5.2 Top 3 Performers as per the factor
2.4.5.3 Worst 3 Performers as per the factor
2.5 Top Performers
2.5.1 Ambuja Cements Ltd.
2.5.2 Ramco Industries Ltd.
2.5.3 Everest Industries Ltd.
2.5.4 Grasim Industries Ltd.
2.5.5 ACC Ltd.
2.6 Worst Performers
2.6.1 Prism Cement Ltd.
2.6.2 Shree Cement Ltd.
2.6.3 India Cements Ltd.
2.6.4 Birla Corporation Ltd.
2.6.5 Century Textiles & Industries Ltd.
3. ANNEXURE
