The India Cements Limited INDIACEM NIFTY_SMALLNSEINFRA
Company Overview
The India Cements Limited manufactures and sells cement and cement-related products in India. The company offers grey and white cement, ready mix concrete, and clinkers. It also engages in the generation of power from windmills and thermal power plants; and provision of freight services, including ship hiring and chartering services. The company was incorporated in 1946 and is based in Chennai, India. The India Cements Limited operates as a subsidiary of UltraTech Cement Limited.
Why Investors Should Care
Net profit has compounded at 15.7% per year over the last five years.
Carries low leverage with a debt-to-equity ratio of 0.13.
Recent Developments
- Mar 2026 Revenue of ₹4,454.42 Cr (+7.8% YoY); net profit ₹-67.25 Cr.
- Trailing 12 Months Year-on-year growth — revenue +7.8%.
- 5-Year Trend Long-term compounding — revenue CAGR -7.3%, profit CAGR 15.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -7.35% |
| 1 Year: | 7.79% |
Compounded Profit Growth
| 5 Years: | 15.67% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -1.71% |
| 6 Months: | -5.10% |
| 3 Months: | -4.11% |
| 1 Month: | -7.77% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)37.80 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 15.7% over 5 years.
CONS
- Revenue declined at -7.3% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INDIACEM The India Cements Limited NIFTY_SMALLNSEINFRA | 362.50 | -167.05 | ₹11,233.82 Cr | 0.00% | 0.29% | -0.66% | -7.35% | 15.67% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,408.00 | 41.12 | ₹3.36 L Cr | 1.99% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,325.00 | 14.52 | ₹3.24 L Cr | 0.54% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | HINDZINC Hindustan Zinc Limited NSEINFRA | 601.00 | 18.36 | ₹2.54 L Cr | 3.56% | 61.97% | 61.13% | 5.61% | 9.58% |
| 5 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,527.30 | 56.03 | ₹2.42 L Cr | 1.00% | 24.41% | 20.24% | 1.10% | 1.75% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 188.79 | 21.83 | ₹2.36 L Cr | 2.11% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 1,011.00 | 16.79 | ₹2.27 L Cr | 0.49% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,322.00 | 59.86 | ₹2.26 L Cr | 0.31% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 21,445.00 | 115.68 | ₹1.94 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,486.00 Cr | 1,437.00 Cr | 1,264.00 Cr | 1,113.00 Cr | 1,236.00 Cr | 1,027.00 Cr | 1,022.00 Cr | 939.84 Cr | 1,197.57 Cr | 1,024.74 Cr | 1,117.00 Cr | 1,114.26 Cr | 1,228.65 Cr | 1,019.42 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 236.40 Cr | 227.15 Cr | 158.11 Cr | - | 241.06 Cr | 338.00 Cr | 233.66 Cr |
| Gross Profit | - | - | - | - | - | - | - | 703.44 Cr | 970.42 Cr | 866.63 Cr | - | 873.20 Cr | 890.65 Cr | 785.76 Cr |
| Operating Expenses | 1,533.00 Cr | 1,428.00 Cr | 1,260.00 Cr | 1,067.00 Cr | 1,199.00 Cr | 1,051.00 Cr | 1,185.00 Cr | 948.78 Cr | 1,047.36 Cr | 857.50 Cr | 1,036.00 Cr | 868.87 Cr | 813.41 Cr | 701.98 Cr |
| Operating Income | -102.00 Cr | -46.00 Cr | -51.00 Cr | -11.00 Cr | -20.00 Cr | -81.00 Cr | -218.00 Cr | -245.34 Cr | -76.94 Cr | 9.13 Cr | 7.00 Cr | 4.33 Cr | 77.24 Cr | 83.78 Cr |
| EBITDA | -47.00 Cr | 8.00 Cr | 4.00 Cr | 46.00 Cr | 37.00 Cr | -25.00 Cr | -163.00 Cr | 222.43 Cr | 113.42 Cr | -31.47 Cr | 81.00 Cr | 94.29 Cr | 168.01 Cr | 133.89 Cr |
| Interest Expense | 50.00 Cr | 58.00 Cr | 60.00 Cr | 59.00 Cr | 64.00 Cr | 82.00 Cr | 73.00 Cr | 73.38 Cr | 38.06 Cr | 26.58 Cr | 25.00 Cr | 24.10 Cr | 23.38 Cr | 26.15 Cr |
| Pretax Income | -258.00 Cr | -97.00 Cr | -103.00 Cr | -14.00 Cr | -49.00 Cr | 93.00 Cr | -355.00 Cr | 93.80 Cr | 51.00 L | -132.11 Cr | 4.00 Cr | -4.54 Cr | 68.77 Cr | 35.80 Cr |
| Tax Provision | 12.90 Cr | 23.28 Cr | 17.51 Cr | 7.42 Cr | -98.00 L | 21.39 Cr | 17.75 Cr | -39.47 Cr | -24.08 Cr | -74.00 L | -4.04 Cr | -1.87 Cr | 9.27 Cr | 8.95 Cr |
| Net Income | -229.00 Cr | -87.00 Cr | -80.00 Cr | 1.00 Cr | -61.00 Cr | 58.00 Cr | -339.00 Cr | 122.30 Cr | 14.67 Cr | -132.91 Cr | 9.00 Cr | -2.67 Cr | 59.50 Cr | 26.85 Cr |
| Diluted EPS | -7.32 | -2.82 | -2.58 | 0.02 | -1.95 | 1.89 | -10.94 | 3.95 | 0.47 | -4.29 | 0.28 | -0.09 | 1.92 | 0.87 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,057.00 Cr | 4,879.00 Cr | 5,158.00 Cr | 5,267.00 Cr | 5,770.00 Cr | 5,186.00 Cr | 4,511.00 Cr | - | 5,600.05 Cr | 4,997.85 Cr | 4,132.34 Cr | 4,454.42 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 3,701.01 Cr | 3,036.22 Cr | 2,781.49 Cr | 2,956.71 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 1,899.04 Cr | 1,961.64 Cr | 1,350.86 Cr | 1,497.71 Cr |
| Operating Expenses | 4,294.00 Cr | 4,006.00 Cr | 4,267.00 Cr | 4,548.00 Cr | 5,131.00 Cr | 4,588.00 Cr | 3,715.00 Cr | - | 2,259.46 Cr | 2,084.54 Cr | 1,929.03 Cr | 1,400.49 Cr |
| Operating Income | 460.00 Cr | 582.00 Cr | 615.00 Cr | 441.00 Cr | 374.00 Cr | 343.00 Cr | 549.00 Cr | - | -360.43 Cr | -122.91 Cr | -578.18 Cr | 97.21 Cr |
| EBITDA | 763.00 Cr | 873.00 Cr | 891.00 Cr | 720.00 Cr | 639.00 Cr | 599.00 Cr | 796.00 Cr | - | 52.22 Cr | 183.68 Cr | 319.52 Cr | 333.44 Cr |
| Interest Expense | 478.00 Cr | 440.00 Cr | 380.00 Cr | 365.00 Cr | 350.00 Cr | 343.00 Cr | 271.00 Cr | - | 210.72 Cr | 236.46 Cr | 262.94 Cr | 99.33 Cr |
| Pretax Income | 4.00 Cr | 164.00 Cr | 252.00 Cr | 90.00 Cr | 50.00 Cr | 24.00 Cr | 311.00 Cr | - | -377.77 Cr | -278.35 Cr | -182.86 Cr | -65.01 Cr |
| Tax Provision | 5.08 Cr | 47.56 Cr | 93.24 Cr | 18.90 Cr | 24.50 Cr | -30.24 Cr | 102.63 Cr | - | -207.95 Cr | -47.82 Cr | -58.50 Cr | 2.24 Cr |
| Net Income | -1.00 Cr | 119.00 Cr | 159.00 Cr | 69.00 Cr | 26.00 Cr | 51.00 Cr | 209.00 Cr | - | -126.89 Cr | -227.34 Cr | -143.68 Cr | -67.25 Cr |
| Diluted EPS | -0.11 | 3.80 | 5.41 | 2.11 | 0.68 | 1.62 | 6.67 | - | -4.04 | -7.32 | -4.64 | -2.17 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 8,687.00 Cr | 10,692.00 Cr | 10,950.00 Cr | 10,946.00 Cr | 11,297.00 Cr | 11,670.00 Cr | 11,090.00 Cr | - | 11,467.22 Cr | 10,700.63 Cr | 13,877.04 Cr | 13,403.05 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 3,426.86 Cr | 2,786.89 Cr | 1,735.95 Cr | 1,584.45 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 64.25 Cr | 69.04 Cr | 103.10 Cr | 13.76 Cr |
| Inventory | - | - | - | - | - | - | - | - | 784.66 Cr | 630.51 Cr | 556.20 Cr | 734.22 Cr |
| Receivables | - | - | - | - | - | - | - | - | 824.53 Cr | 699.41 Cr | 706.04 Cr | 248.48 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 5,640.47 Cr | 5,101.34 Cr | 3,680.84 Cr | 3,278.78 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 2,826.55 Cr | 2,796.76 Cr | 1,851.66 Cr | 1,575.69 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 1,801.24 Cr | 1,429.77 Cr | 1,066.36 Cr | 973.83 Cr |
| Total Debt | 3,502.00 Cr | 3,296.00 Cr | 3,100.00 Cr | 3,197.00 Cr | 3,356.00 Cr | 3,593.00 Cr | 3,052.00 Cr | - | 2,945.29 Cr | 2,632.75 Cr | 1,165.16 Cr | 1,304.80 Cr |
| Total Equity | 3,380.00 Cr | 5,050.00 Cr | 5,175.00 Cr | 5,269.00 Cr | 5,246.00 Cr | 5,498.00 Cr | 5,698.00 Cr | - | 5,776.30 Cr | 5,574.72 Cr | 10,194.13 Cr | 10,124.27 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 30.99 Cr | 30.99 Cr | 30.99 Cr | 30.99 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 645.00 Cr | 964.00 Cr | 765.00 Cr | 556.00 Cr | 377.00 Cr | 387.00 Cr | 1,046.00 Cr | - | -19.46 Cr | 343.91 Cr | -256.22 Cr | -26.73 Cr |
| Investing Cash Flow | -124.00 Cr | -220.00 Cr | -158.00 Cr | -306.00 Cr | -202.00 Cr | -282.00 Cr | -189.00 Cr | - | 434.85 Cr | 247.91 Cr | 2,013.58 Cr | -102.93 Cr |
| Financing Cash Flow | -520.00 Cr | -757.00 Cr | -605.00 Cr | -235.00 Cr | -180.00 Cr | -110.00 Cr | -860.00 Cr | - | -396.82 Cr | -572.47 Cr | -1,738.47 Cr | 40.32 Cr |
| Capital Expenditure | -138.00 Cr | -168.00 Cr | -80.00 Cr | -195.00 Cr | -216.00 Cr | -247.00 Cr | -149.00 Cr | - | -57.68 Cr | -127.33 Cr | -62.43 Cr | -222.67 Cr |
| Free Cash Flow | 507.00 Cr | 796.00 Cr | 685.00 Cr | 361.00 Cr | 161.00 Cr | 140.00 Cr | 897.00 Cr | - | -77.14 Cr | 216.58 Cr | -318.64 Cr | -249.41 Cr |
| Net Change in Cash | 1.00 Cr | -14.00 Cr | 2.00 Cr | 16.00 Cr | -5.00 Cr | -6.00 Cr | -3.00 Cr | - | 18.57 Cr | 19.35 Cr | 18.89 Cr | -89.35 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 33.9% | 39.2% | 32.7% | 33.6% |
| Operating Margin % | 9.1% | 11.9% | 11.9% | 8.4% | 6.5% | 6.6% | 12.2% | - | -6.4% | -2.5% | -14.0% | 2.2% |
| Net Margin % | -0.0% | 2.4% | 3.1% | 1.3% | 0.5% | 1.0% | 4.6% | - | -2.3% | -4.5% | -3.5% | -1.5% |
| ROE % | -0.0% | 2.4% | 3.1% | 1.3% | 0.5% | 0.9% | 3.7% | - | -2.2% | -4.1% | -1.4% | -0.7% |
| ROCE % | - | - | - | - | - | - | - | - | -4.2% | -1.6% | -4.8% | 0.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INDIACEM
The India Cements Limited's (NSE:INDIACEM) Intrinsic Value Is Potentially 25% Below Its Share Price - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi2AFBVV95cUxPRjJGWEVod0JEdks3U3BmaE94M3JsRXJ1WnUwMTduRWN2UjQ1a2RzVzNGQTdIUTdIbGN1NEZKcy1PRWl4ZjFqblJHa2tLZmFvQW1xZWxHcXFoVHNjV2pFbzVDNWUwa29CY1BDQTlRVHJMdzhhYjlwTVdCX2tEZWZBZm5yckhHTzMxQjNQSE…
India Cements (INDIACEM) Edges Lower Amid Consolidation Near Support Levels - Bearish Sentiment - vinanet.vn
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Looking to buy? These 3 stocks deserve a spot in your portfolio; check why - Business Standard
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India Cements Holds Steady Above Key Support, Nears Crucial Resistance at ₹400 - IV Contraction - siam.in
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The India Cements Share Price Target 2026: Rs 470 Analyst Forecast - Univest
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INDIACEM Q2 2026 Earnings: Revenue Growth of 8.31% YoY but Net Loss of ₹2.17 per Share - EBITDA Margin Trends - vinanet.vn
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INDIACEM — Frequently Asked Questions
What is the current share price of The India Cements Limited (INDIACEM)?
As of 2026-09-08 04:53 IST, The India Cements Limited (INDIACEM) trades at ₹362.50 on NSE. Its 52-week range is ₹343.80 to ₹478.55.
What is the market capitalisation of INDIACEM?
The India Cements Limited (INDIACEM) has a market capitalisation of ₹11,233.82 Cr on NSE.
What is the P/E ratio of INDIACEM?
INDIACEM trades at a trailing price-to-earnings (P/E) ratio of -167.05. The industry average P/E is 27.43. Its price-to-book (P/B) ratio is 1.22.
What is the return on equity (ROE) of INDIACEM?
INDIACEM has a return on equity (ROE) of -0.66%. Its return on capital employed (ROCE) is 0.29%.
Is INDIACEM a good stock to buy?
This page provides a data-driven analysis of The India Cements Limited (INDIACEM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.