Kanodia Cement IPO Review & Recommendations

Kanodia Cement IPO Peer Comparison

Kanodia Cement Limited peer comparison with similar listed entities. (As on March 31, 2024)

Source: All the financial information for listed industry peers mentioned above is on a consolidated basis (except Heidelberg Cement India Limited, which is on a standalone basis) and is sourced from the filings made with stock exchanges available on www.bseindia.com for the Financial Year ending March 31, 2024. Source for Kanodia Cement Limited: Based on the Restated Consolidated Financial Information for the year ended March 31, 2024.

Notes:

1. P/E Ratio has been computed based on the closing market price of equity shares on May 07, 2025, divided by the Diluted EPS
2. Return on Net Worth (%) = Net profit after tax, as restated / Average Net worth as restated as at period/year end.
3. Net worth means the aggregate value of the paid up share capital of the Company and all reserves created out of profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, miscellaneous expenditure not written off, as per the restated balance sheet, but does not include reserves created out of revaluation of assets, foreign currency translation reserve, write-back of depreciation as at period /year end, as per Restated Financial Statement of Assets and Liabilities of the Company.
4. Net asset value per share = Equity attributable to owners of the company divided by weighted average number of shares considered for computing EPS