Amit Khurana of Dolat Capital will discuss key factors that should be considered while valuing Indian cement companies or assessing the competitive advantages of individual firms, and the importance of the retail distribution network.
The cement sector is one of the most important in India, given cement's role as the key material in construction. Worldwide, cement consumption is typically not as much direct as it is indirect, through slabs and products. India, in contrast, is remarkably different in its consumption style, as it is the largest market for pure cement. Other differentiating aspects of the Indian cement sector are that companies have successfully created brands and developed significant retail-level penetration. Indian cement companies face significant challenges, including high power costs, intense competition, and the sourcing of limestone, a critical raw material. Still, the sector continues to attract significant capacity creation as well as experience consolidation.
Important takeaways from the webinar will be the key factors that should be considered while valuing Indian cement companies or assessing the competitive advantages of individual firms. Our speaker, Amit Khurana of Dolat Capital will also discuss the importance of the retail distribution network in driving market share and earnings.
This is the archived version of a live webinar that took place on 1 March 2018.
Register to access the webinar (audio)