Prism Cement Ltd


BSE: 500338 | NSE: PRISMCEM | ISIN: INE010A01011 
Market Cap: [Rs.Cr.] 2,114 | Face Value: [Rs.] 10
Industry: Cement - North India

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Board Meet

09-May-13 
Audited Results 
24-Jan-13 
Quarterly Results 
23-Oct-12 
Quarterly Results 
26-Jul-12 
Quarterly Results 
10-May-12 
Prism Cement Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 10, 2012, inter alia, to approve, the Company's Audited accounts for the year ended March 31, 2012 and recommend final dividend, if any, on equity shares for the year ended March 31, 2012. Prism Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2012, inter alia, has recommended a Dividend of Rs. 0.50 per share on 50,33,56,580 Equity Shares of Rs. 10/- each aggregating to Rs. 2,925 Lakhs including dividend distribution tax for the year ended March 31, 2012. Further the Company has informed that, if the final dividend is approved by the members, payment of such dividend will be made on or after June 28, 2012. (As Per BSE Announcement Dated on 10.05.2012) 

AGM

25-Jun-13
AGM : 25.06.2013 
26-Jun-12
Prism Cement Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 19, 2012 to June 26, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on June 26, 2012. Prism Cement Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the Company will be held on June 26, 2012. (As Per BSE Announcement Website Dated on 22/06/2012) Prism Cement Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on June 26, 2012. 1.I Receive and adopt: the audited Profit and Loss J1 Statement, for the year ended March 31, 2012 ! and the Balance Sheet as ai that date and the report of the Directors and the Auditors thereon. 2 Declaration of dividend of 1 0.50 per share on : equity share of 10A- each, 3 Re-appointment of Mr. Raj an B. Raheja as a I Director of the Company. 4 Re-appointment of Mr. Satish B. Raheja as a Director of the Company. 5 re-appointment of Mr, James Brooks as a Director of the Company 6 Re-appointment of statutory Auditors, M/s, N, J M. Raiji & Co. 7 Re-appointment of M/s, Borkar & Mu/umdar j as Branch Auditor, 8 I Approve waiver from recovery of excess remuneration paid to Mr. Manoj Chhabra, Managing Director of the Company. 9 J Approve waiver from recovery of excess j remuneration paid to Mr. Vijay Aggarwaf Managing Director of the Company. 10 .Approve waiver from recovery of excess I remuneration paid to Mr. Ganesh Kaskar Kxeciiuyo Director of the Company. 11 Payment of commission, to Mr. James Brooks. Non-executive Director of the Company, None of resolutions were passed by Poll /Postal ballot/E-voting. (As Per BSE Announcement Website Dated on28/06/2012) 
12-Jul-11
AGM 12.07.2011 Prism Cement Ltd has informed BSE that the 19th Annual General Meeting (AGM) of the Company was held on July 12, 2011. (As Per BSE Announcement Website dated on 02.08.2011) 
22-Jun-10
Prism Cement Limited has informed the Exchange that the Annual General Meeting (AGM) for the year ended March 31, 2010 of the Company is scheduled to be held on June 22, 2010. Further the Register of Members and Transfer Books of the Company will remain closed from June 15, 2010 to June 22, 2010 for the purpose of Annual General Meeting. Prism Cement Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on June 22, 2010, inter alia, have accorded to the following: 1. Adoption of the audited Profit & Loss Account for the year ended March 31, 2010 & the Balance Sheet of the Company as at that date, together with the Directors & Auditors Reports thereon. 2. Declaration of Final dividend of Rs 2.50 per equity share of Rs 10/- each fully paid-up, aggregating to Rs. 123.23 crore, together with distribution tax of Rs. 17.90 crores, for the year ended March 31, 2010. 3. Appointment of Mr. Rajan B Raheja & Mr. Satish B. Raheja, as Directors of the Company. 4. Re-appointment of Messrs. N M Raiji & Co., as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Appointment of M/s. Borkar & Muzumdar as Branch Auditors of the Company, to audit the Accounts in respect of the Companys H & R Johnson (India) and RMC Readymix (India) Divisions, to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 6. Appointment of Mr. James Arthur Brooks, Mr. Vijay Aggarwal, Mr. Ganesh Kaskar & Ms. Ameeta A Parpia as Directors of the Company, liable to retire by rotation. 7. Authority to the Board for the payment of remuneration by way of commission of upto one per cent of the net profits of the Company computed in the manner referred to in Sections 198, 309 and all other applicable provisions of the Act, provided that such commission in any financial year shall not exceed Rs. 25 lakhs (Rupees Twenty-five lakhs only) per annum (subject to deduction of applicable taxes) to Mr. James Arthur Brooks, in addition to the sitting fees for attending the meetings of the Board of Directors or any Committee thereof; with effect from April 1, 2010. (As Per BSE Announcement Dated on 09.07.2010) 
12-May-09
Prism Cement Limited has informed the Exchange that the Annual General Meeting of the Company will be held on May 12, 2009. Prism Cement Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on May 12, 2009, inter alia, have accorded to the following: 1. Adoption of the audited Profit & Loss Account for the nine months ended March 31, 2009 & the Balance Sheet of the Company as at that date, together with the Directors & Auditors Reports thereon. 2. Declaration of a final dividend of Re 0.50 per equity share of Rs 10/- each fully paid-up, subject to Companies (Transfer of Profits to Reserves) Rules, 1975 and all other applicable provisions of the Companies Act, 1956 for the nine months ended March 31, 2009 aggregating Rs 17.45 Crores, together with distribution tax of Rs 2.53 Crores, out of profits for the current year. 3. Appointment of Mr. Rajesh G Kapadia & Mr. Akshay R Raheja, as Directors of the Company. 4. Re-appointment of Messrs. N M Raiji & Co., as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. (As Per BSE Announcement Website dated on 03.06.2009) 

EGM

06-Apr-10
Prism Cement Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the Company to be held on April 06, 2010. Prism Cement Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 06, 2010, inter alia, to transact the following: 1. Appointment of Mr. Vijay Aggarwal as Managing Director of the Company, on remuneration, terms & conditions. 2. Appointment of Mr. Ganesh Kaskar as Executive Director (RMC) of the Company, on remuneration, terms & conditions. 3. To appoint Branch Auditors, as and when required, to audit the accounts in respect of the Company's divisions/branches/ offices in India and abroad and to fix their terms and conditions of appointment and remuneration, plus service tax and such other tax(es), as may be applicable, and reimbursement of all out-of-pocket expenses in connection with the audit of the accounts of the divisions/branches/offices of the Company in India and abroad for the year ending March 31, 2010. (As Per BSE Announcement Website dated on 16.03.2010) Prism Cement Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 06, 2010, inter alia, have accorded to the following: 1. Appointment of Mr. Vijay Aggarwal as Managing Director of the Company, on remuneration, terms & conditions. 2. Appointment of Mr. Ganesh Kaskar as Executive Director (RMC) of the Company, on remuneration, terms & conditions. 3. To appoint Branch Auditors, as and when required, to audit the accounts in respect of the Company's divisions/branches/ offices in India and abroad and to fix their terms and conditions of appointment and remuneration, plus service tax and such other tax(es), as may be applicable, and reimbursement of all out-of-pocket expenses in connection with the audit of the accounts of the divisions/branches/offices of the Company in India and abroad for the year ending March 31, 2010. (As Per BSE Announcement Website dated on 16.04.2010) 
17-Nov-09
Edelweiss Capital Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 23, 2009, inter alia, has approved / noted Grant of 132,500 Stock Options to the Eligible Employees under the Edelweiss Employee Stock Incentive Plan 2009 by the Compensation (ESOP) Committee of the Board of Directors of the Company. Prism Cement Ltd has informed BSE that pursuant to Order dated October 06, 2009 passed by the Hon'ble High Court of Judicature at Andhra Pradesh, a meeting of the Equity Shareholders of the Company was held on November 17, 2009 for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation ('the Scheme') of H. & R. Johnson (India) Ltd and RMC Readymix (India) Pvt Ltd with the Company. At the said meeting, the Scheme has been approved without any modifications with the requisite majority in number and value, by the Equity Shareholders present at the Meeting and voting in person or by proxy. The Report of the Result of the Poll will be submitted by the Chairman of the meeting to the Hon'ble High Court of Judicature at Andhra Pradesh. (As Per BSE Announcement Dated on 18/11/2009) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
UltraTech Cem. 53,012.70 19.96 3.48 10.02 20.8 22.6 0.35
Ambuja Cem. 28,655.37 19.47 3.25 11.32 17.0 25.8 0.01
ACC 22,938.36 17.07 3.11 12.39 16.9 22.2 0.05
Shree Cement 16,739.92 15.47 6.12 6.54 21.0 16.3 0.76
Prism Cement 2,114.11 0.00 1.94 13.97 -2.1 5.1 1.05
Birla Corpn. 2,047.70 7.59 0.84 6.00 11.2 11.7 0.49
Binani Cement 1,706.83 28.11 2.64 0.00 9.9 11.1 2.35
J K Cements 1,706.64 7.31 1.16 3.44 14.6 16.8 1.04
JK Lakshmi Cem. 1,204.84 6.19 1.09 4.54 9.2 9.7 0.96
Heidelberg Cem. 1,031.12 47.89 1.24 25.47 3.8 3.2 1.11
OCL India 829.32 8.45 0.92 4.85 3.6 6.6 0.88
Sanghi Inds. 382.77 2.07 0.48 5.67 10.9 6.0 0.97
Mangalam Cement 324.28 4.19 0.67 3.15 13.7 17.2 0.05
Sh. Digvijay Cem 167.52 7.95 0.74 4.00 13.7 15.6 0.14
Saurashtra Cem. 107.24 1.80 -2.46 4.28 0.0 0.0 0.00

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Key Information

Key Executives:

Rajan B Raheja , Director 

Manoj Chhabra , Managing Director 

Rajesh G Kapadia , Chairman 

Satish B Raheja , Director 


Company Head Office / Quarters:
305 Laxmi Niwas Apartments,
Ameerpet,
Hyderabad,
Andhra Pradesh-500016
Phone :
Fax :
E-mail : investor@prismcement.com
Web : http://www.prismcement.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


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