THE INDIA CEMENTS LIMITED·CEMENT 40.93·Cement & Cement Products Companies

Price

372.05

+0.16%
O:374
H:379
L:371.2
C:372.05

52W Range

329.75485.8
+13%/-23%

Market Cap

₹11,529.73 Cr

Traded: ₹3.96 Cr (0.03%) 0.0x

Free Float: ₹993.86 Cr (0.40% of FF traded)

Volume · 60D trend

1.06 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-3% 3M:-10% 6M:-5% 12M:-7%

Valuation

P/E--
P/B1.1
P/S2.6
EV/EBIT30.0

Business Strength

ROE-7.2%
ROCE-4.2%
OPM8.8%
NPM-1.5%

Growth (3Y CAGR)

EPS+53.2%
Sales-7.0%
Profit+31.0%
3Y Return+33.0%

Balance Sheet

Debt/Equity0.1
Debt1,301 Cr
Pledge0.0%
CWIP/Fixed Asset3.1%

Cash Position

CFO/NP40.3%
FCF-115 Cr
FCF 3Y Avg171 Cr
Cash/MCap1.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle-28 days
Tradeable Free Float8.6%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 25.74 Cr
2.59% FF
60d high
₹ 32.03 Cr
60d low
₹ 11.98 Cr
60d mean
₹ 24.91 Cr
vs mean
▲ 3.31%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
-1.0%
-3.0%
-4.0%
--
--
Decelerating
Return
+17.0%
+22.0%
+33.0%
+51.0%
--
Accelerating
Sales
-1.0%
+0.0%
-7.0%
--
+8.0%
Stable
Profit
-4.0%
-18.0%
+31.0%
--
+111.0%
Accelerating

Quarterly Results

Mar 2026

25 Apr
Rev
1.2K Cr
+3% YoY+10% QoQ
OPM12.0%
NPM4.9%
PAT
+229% YoY60 Cr
EPS
+309% YoY1.9

Dec 2025

23 Jan
Rev
1.1K Cr
+19% YoY-0% QoQ
OPM7.0%
NPM-0.3%
PAT
+103% YoY-3 Cr
EPS
-102% YoY-0.1

Sep 2025

Rev
1.1K Cr
+9% YoY+9% QoQ
OPM7.0%
NPM0.8%
PAT
+112% YoY9 Cr
EPS
+103% YoY0.3

Jun 2025

Rev
1.0K Cr
-0% YoY-14% QoQ
OPM8.0%
NPM-13.0%
PAT
+93% YoY-133 Cr
EPS
-327% YoY-4.3

Mar 2025

Rev
1.2K Cr
-3% YoY+27% QoQ
OPM0.0%
NPM1.5%
PAT
+27% YoY18 Cr
EPS
+124% YoY0.5

Dec 2024

Rev
940 Cr
-16% YoY-8% QoQ
OPM-20.0%
NPM12.7%
PAT
-1054% YoY119 Cr
EPS
+19650% YoY4.0

Sep 2024

Rev
1.0K Cr
-19% YoY-0% QoQ
OPM-16.0%
NPM-33.2%
PAT
-59% YoY-339 Cr
EPS
-324% YoY-10.9

Jun 2024

Rev
1.0K Cr
-29% YoY-17% QoQ
OPM-2.0%
NPM5.7%
PAT
-84% YoY58 Cr
EPS
+167% YoY1.9

Mar 2024

Rev
1.2K Cr
-17% YoY+11% QoQ
OPM3.0%
NPM-4.9%
PAT
+39% YoY-61 Cr
EPS
+73% YoY-1.9

Dec 2023

Rev
1.1K Cr
-13% YoY-12% QoQ
OPM4.0%
NPM0.1%
PAT
+87% YoY1 Cr
EPS
-100% YoY0.0

Sep 2023

Rev
1.3K Cr
---12% QoQ
OPM0.0%
NPM-6.3%
PAT
+29% YoY-80 Cr
EPS
---2.6

Jun 2023

Rev
1.4K Cr
---3% QoQ
OPM1.0%
NPM-6.0%
PAT
-209% YoY-87 Cr
EPS
---2.8

Mar 2023

Rev
1.5K Cr
--+16% QoQ
OPM-3.0%
NPM-15.4%
PAT
-1027% YoY-229 Cr
EPS
---7.3

Dec 2022

Rev
1.3K Cr
----
OPM-4.7%
NPM10.4%
PAT
-982% YoY133 Cr
EPS
--4.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.13
Interest Coverage-2.0x
Promoter Pledge0.0%
Borrowings1.3K Cr

Efficiency

Receivable Days20 days
Inventory Days269 days
Payable Days318 days
Cash Conversion cycle-28 days

Cash Position

Operating Cash Flow-27 Cr
Investing Cash Flow-103 Cr
Financing Cash Flow40 Cr
Free Cash Flow-115 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales1,2291,1141,1171,0251,1989401,0221,0271,2361,1131,2641,4371,4861,281
Expenses1,0761,0351,0369421,2001,1301,1851,0511,1991,0671,2601,4281,5331,341
Operating Profit153798183-2-190-163-25374648-47-60
OPM %12.0%7.0%7.0%8.0%0.0%-20.0%-16.0%-2.0%3.0%4.0%0.0%1.0%-3.0%-4.7%
Other Income151523-115110396-64256345687-106311
Interest2324252738737382645960585062
Depreciation7675747475555556575755545555
Profit Before Tax69-54-132-577-35593-49-14-103-97-258135
Tax %13.0%-41.0%-101.0%-1.0%-486.0%-51.0%-5.0%23.0%2.0%-53.0%-17.0%-24.0%-5.0%17.4%
Net Profit60-39-13318119-33958-611-80-87-229133
Exceptional Items-11-8-6-12485384-223241142800-114300
EPS (Rs)1.9-0.10.3-4.30.54.0-10.91.9-1.90.0-2.6-2.8-7.34.3
Sales Growth (YoY)2.6%18.5%9.3%-0.2%-3.1%-15.5%-19.1%-28.5%-16.8%-13.1%--------
Sales Growth (QoQ)10.3%-0.3%9.0%-14.4%27.4%-8.0%-0.5%-16.9%11.1%-11.9%-12.0%-3.3%16.0%--
OP Growth (YoY)7750.0%141.6%149.7%432.0%-105.4%-513.0%-4175.0%-412.5%178.7%177.2%--------
OP Growth (QoQ)93.7%-2.5%-2.4%4250.0%98.9%-16.6%-552.0%-167.6%-19.6%1050.0%-50.0%117.0%21.2%--
Profit Growth (YoY)229.0%103.0%112.0%93.0%27.0%-1054.0%-59.0%-84.0%39.0%87.0%29.0%-209.0%-1027.0%-982.0%
EPS Growth (YoY)308.5%-102.3%102.6%-327.0%124.1%19650.0%-324.0%167.0%73.4%-99.5%--------
EPS Growth (QoQ)2233.3%-132.1%106.5%-1012.8%-88.1%136.1%-678.8%196.9%-9850.0%100.8%8.5%61.5%-270.2%--
OP Margin12.4%7.1%7.3%8.1%-0.2%-20.2%-15.9%-2.4%3.0%4.1%0.3%0.6%-3.2%-4.7%
Net Margin4.9%-0.3%0.8%-13.0%1.5%12.7%-33.2%5.7%-4.9%0.1%-6.3%-6.0%-15.4%10.4%
Material Cost %27.5%21.6%23.1%15.4%19.0%25.1%23.9%22.9%18.4%20.5%20.5%22.6%21.4%19.8%
Employee Cost %5.1%5.4%5.2%6.1%5.7%7.4%7.5%10.4%7.7%7.8%7.9%6.5%5.6%7.7%
P/S2.572.84------------------------
P/E----------------------------
P/B1.141.25------------------------

Shareholding Pattern

Shareholders:1.6L (-20.1%)
Current MixMar 2026

Exchange Filings

50
AGM/EGM09 Jul 2026

Annual General Meeting (AGM) of the Company to be held on 10th August 2026

Company Update07 Jul 2026

Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018

Company Update03 Jul 2026

Newspaper advertisement pursuant to IEPF Rules, 2016

Company Update03 Jul 2026

Intimation regarding Earnings Call

Company Update02 Jul 2026

Letter to Shareholder - Transfer of Dividend and corresponding shares to the Investor Education and Protection Fund

Company Update29 Jun 2026

Newspaper Advertisement regarding Notice of Special Window for Transfer and Dematerialisation of Physical Securities

Company Update26 Jun 2026

Credit rating by CARE Ratings Limited

Company Update23 Jun 2026

Completion of tenure of Independent Director

Company Update23 Jun 2026

Resignation of Mr. Ashok Ramchandran as a Director of the Company with effect from the close of business on 23rd June 2026.

Company Update10 Jun 2026

Acquisition of 12.48% equity share capital of FPEL SERVICES PRIVATE LIMITED

Board Meeting01 Jun 2026

India Cements Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/07/2026 ,inter alia, to consider and approve Standalone and Consolidated Unaudited ....

Insider Trading / SAST01 Jun 2026

Closure of Trading Window

Company Update29 May 2026

Annual Secretarial Compliance Report for the Financial Year 2025-26.

Company Update16 May 2026

Disclosure w.r.t. Compounding Order passed by Foreign Exchange Department, Reserve Bank of India, Chennai

AGM/EGM07 May 2026

Voting results of Postal Ballot Notice dated 31.03.2026 through Remote e-voting process and Scrutinizer''s Report.

AGM/EGM07 May 2026

Voting results of Postal Ballot Notice dated 31.03.2026 through Remote e-voting process and Scrutinizer''s Report

Company Update02 May 2026

Transcript of Earnings Call

Company Update29 Apr 2026

Newspaper Advertisement regarding Notice of Special Window for Transfer and Dematerialisation of Physical Securities and Second 100 Days Campaign - "Saksham Niveshak"

Company Update27 Apr 2026

Audio Recording - Earnings Call

Result25 Apr 2026

Audited Financial Results (Standalone and Consolidated) for the Quarter and Year ended 31.03.2026

Company Update25 Apr 2026

Investor Presentation on performance of the Company for the Quarter and Year ended 31.03.2026

Board Meeting25 Apr 2026

Board Meeting Outcome for Audited Financial Results (Standalone and Consolidated) for the Quarter and Year Ended 31.03.2026

Company Update10 Apr 2026

Intimation regarding Earnings Call

Company Update08 Apr 2026

Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018

Company Update07 Apr 2026

Newspaper Publication of Postal Ballot Notice dated 31.03.2026

AGM/EGM06 Apr 2026

Postal Ballot Notice dated 31.03.2026

Company Update03 Apr 2026

Disclosure under Regulation 30 (LODR) - ESG Rating

Company Update28 Mar 2026

Update on Scheme of Amalgamation

Company Update16 Mar 2026

Acquisition of 10.76% of equity share capital of First Energy 8 Private Limited

Company Update13 Mar 2026

Update on Scheme of Amalgamation

Insider Trading / SAST02 Mar 2026

Closure of Trading Window

Board Meeting02 Mar 2026

India Cements Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/04/2026 ,inter alia, to consider and approve the Standalone and Consolidated ....

Company Update12 Feb 2026

Newspaper Advertisement on Special Window for Transfer and Dematerialisation of Physical Shares

Company Update30 Jan 2026

Transcript of Earnings Call

Company Update24 Jan 2026

Audio Recording - Earnings Call

Result23 Jan 2026

Unaudited Financial Results for the quarter and nine months ended 31.12.2025

Company Update23 Jan 2026

Investor Presentation on performance of the Company for the quarter and nine months ended 31.12.2025

Board Meeting23 Jan 2026

Board Meeting Outcome for Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31.12.2025

Company Update02 Jan 2026

Intimation regarding Earnings Call

Company Update02 Jan 2026

Certificate under Reg.74(5) of SEBI (DP) Regulations, 2018

Company Update31 Dec 2025

Disclosure w.r.t. Orders passed by GST Authority

Company Update30 Dec 2025

Disclosure w.r.t. order passed by GST Authority

Company Update18 Dec 2025

Clarification on spurt in volume

Company Update18 Dec 2025

The Exchange has sought clarification from India Cements Ltd on December 18, 2025, with reference to Movement in Volume.<BR><BR>The reply is awaited.

BSE
Board Meeting02 Dec 2025

India Cements Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2026 ,inter alia, to consider and approve the Standalone and Consolidated ....

Company Update02 Dec 2025

Sale of subsidiary

Insider Trading / SAST01 Dec 2025

Closure of Trading Window

Company Update31 Oct 2025

Clarification on spurt in volume

Company Update31 Oct 2025

The Exchange has sought clarification from India Cements Ltd on October 31, 2025, with reference to Movement in Volume. <BR><BR>The reply is awaited.

BSE
Company Update27 Oct 2025

Transcript of Earnings Call

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
careRating update
11 Sept 2025Report
careRating update
23 Jun 2025Report
careRating update
09 Apr 2025Report
careRating update
27 Jan 2025Report
careRating update
06 Aug 2024Report
careRating update
13 Feb 2024Report

Concalls

14

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Jan 2021

31 Jan 2021

Held by ETFs

11 ETFs hold INDIACEM · sorted by weight

#ETFWeight %
1

SBISMLETF

SBIAMC - SBISMLETF

0.13%
2

SMALL250

MIRAEAMC - SMALL250

0.13%
3

MOSMALL250

MOTILALAMC - MOSMALL250

0.13%
4

SMALLADD

DSPAMC - SMALLADD

0.13%
5

GROWWSC250

GROWWAMC - GROWWSC250

0.13%
6

BSE500IETF

ICICIPRAMC - ICICI500

0.01%
7

MULTICAP

MIRAEAMC - MULTICAP

0.03%
8

HDFCSML250

HDFCAMC - HDFCSML250

0.12%
9

HDFCBSE500

HDFCAMC - HDFCBSE500

0.01%
10

MONIFTY500

MOTILALAMC - MONIFTY500

0.01%
11

AONETOTAL

AONEAMC - AONETOTAL

0.01%

Held by Mutual Funds

5 schemes hold INDIACEM · sorted by weight

#SchemeWeight %
1

Franklin India Small Cap Fund

Franklin Templeton Mutual Fund

0.65%
2

SBI Infrastructure Fund

SBI Mutual Fund

1.00%
3

JM Flexicap Fund

JM Financial Mutual Fund

0.31%
4

Kotak Multicap Fund

Kotak Mahindra Mutual Fund

0.72%
5

SBI Mid Cap Direct Plan-Growth

SBI Mutual Fund

0.98%