PRISM CEMENT

Prism Cement

Highlights

1. Best recent turn around story in the cement industry.
2. Financials : From continues losses to roaring profits.

Sales in (2005: Rs.5295, Net Profit: Rs.258)in millions
Sales in (2004: Rs. 4638, N.P.: Rs.-59) millions
Sales in (2003: Rs. 3962, N.P:Rs. -312)millions

3. Prism Cement has one of the most efficient productive and the latest technologically advanced cement manufacturing facility.

4. Promoters background:

Promoted by the Rajan Raheja Group. a large Construction group based in Mumbai. Besides construction, the group has interests in Ceramic Tiles, Automotive Batteries, Cement, Hotels, Petrochemicals, Mutual Funds, Media, Retailing & Software.

The Group controls H&R Johnson ((India) Ltd.., a leading manufacturer of Ceramic Tiles, Exide Industries Ltd.., India’s largest player in Automotive & Industrial Battery segment, and Prism Cement Ltd.The group is the co-promoter of Supreme Petrochemicals Ltd., Sonata Software Ltd., RMC Ready-mix (India) Ltd., along with RMC Group, UK, world’s largest manufacturer of Ready--Mix concrete and holds a 25% stake in Templeton Mutual Fund.

5. Captive power plant which provides all its power requirement which is 50% cheaper than the government power.

6. First time that prices have not fallen in the monsoon but has gone up because of heavy demand for cement. Post monsoon prices to go up after monsoon atleast by 5% due to strong Demand and rapid growth of the Infrastructure Industry.

7. Potential takeover candidate.

8. Heavy volumes traded and accumulated in large quantities (strong delivery %) during the last 1 week .