India Cements

Why is India Cements Ltd falling/rising?

As of N/A, India Cements Ltd's stock price is falling, with a decrease of 2.19% recently and a year-to-date drop of 15.82%. Despite positive quarterly results, weak long-term fundamentals and declining operational efficiency are causing investor concerns and contributing to the stock's decline.

As of N/A, India Cements Ltd's stock price is currently falling, evidenced by a change of -8.2, which represents a decrease of 2.19%. Over the past week, the stock has declined by 5.02%, and over the past month, it has dropped by 10.70%. Year-to-date, the stock has fallen by 15.82%, significantly underperforming the benchmark Sensex, which has only decreased by 9.75% during the same period.<BR><BR>Despite the company declaring positive results for the last four consecutive quarters, including a notable increase in profits and a high debtors turnover ratio, the long-term fundamentals appear weak. The company has experienced a -20.89% compound annual growth rate (CAGR) in operating profits over the last five years, indicating a decline in operational efficiency. Additionally, the company's ability to service its debt is compromised, as reflected by a poor EBIT to interest ratio of -0.48. This suggests that the company is struggling to generate sufficient earnings to cover its interest obligations.<BR><BR>Moreover, while the stock has shown a significant return of +54.53% over the past three years, the recent performance and the negative trends in operating profit growth raise concerns among investors, leading to the current decline in stock price. The combination of weak long-term fundamentals and challenges in profitability per unit of shareholders' funds has contributed to the stock's downward movement.

Which are the latest news on India Cements?

Should I buy, sell or hold India Cements Ltd?

Who are in the management team of India Cements?

The management team of India Cements includes key members such as N Srinivasan (Vice Chairman and CEO), Rupa Gurunath (Whole-time Director), and several independent and non-executive directors, totaling 19 members with diverse expertise.

The management team of India Cements includes the following key members:<BR><BR>1. **N Srinivasan** - Vice Chairman, Managing Director, Chief Executive Officer, and Chief Financial Officer.<BR>2. **Rupa Gurunath** - Whole-time Director and Executive Director.<BR>3. **Chitra Srinivasan** - Non-Executive Director.<BR>4. **Balasubramanian Adityan Sivanthi** - Independent Non-Executive Director.<BR>5. **Basavaraju** - Independent Non-Executive Director.<BR>6. **Lakshmi Aparna Sreekumar** - Independent Non-Executive Director.<BR>7. **K P Nair** - Independent Non-Executive Director.<BR>8. **Krishnan Skandan** - Independent Non-Executive Director.<BR>9. **V Ranganathan** - Non-Executive Director.<BR>10. **Sandhya Rajan** - Independent Non-Executive Director.<BR>11. **S Christopher Jebakumar** - Non-Executive Director.<BR>12. **T S Raghupathy** - Non-Executive Director.<BR>13. **Sanjay Shantilal Patel** - Independent Non-Executive Director.<BR>14. **Siddhartha Mohanty** - Non-Executive Director.<BR>15. **Y Viswanatha Gowd** - Nominee.<BR>16. **V Manickam** - Independent Non-Executive Director.<BR>17. **S Sridharan** - Company Secretary and Compliance Officer.<BR>18. **V M Mohan** - Additional Director.<BR>19. **Krishna Srivastava** - Non-Executive Director.<BR><BR>This diverse team brings a range of expertise and experience to the company.

What does India Cements do?

India Cements Ltd is the largest cement producer in South India, with a market cap of INR 11,928 Cr and reported net sales of 1,019 Cr and net profit of 27 Cr for June 2026. Key metrics include a P/E ratio of 87.00 and a debt-equity ratio of 0.12.

Overview:<BR>India Cements Ltd is the largest producer of cement in South India, operating in the Cement & Cement Products industry within the small-cap market segment.<BR><BR>History:<BR>India Cements was incorporated in an unspecified year and has maintained its status as a leading cement producer. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,019 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 27 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 11,928 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 87.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.12<BR>- Return on Equity: 0.79%<BR>- Price to Book: 1.18<BR><BR>Contact Details:<BR>Address: Dhun Building, 827 Anna Salai Chennai Tamil Nadu : 600002<BR>Tel: 91-044-28521526/28572100/400<BR>Email: investor@indiacements.co.in<BR>Website: http://www.indiacements.co.in

Who are the peers of the India Cements?

Peers of India Cements include J K Cements, Dalmia Bharat Ltd, ACC, The Ramco Cement, JSW Cement, Nuvoco Vistas, Star Cement, Birla Corporation, and JK Lakshmi Cement. India Cements has the highest 1-year return among peers at 3.63%, while JK Lakshmi Cement has the lowest at -39.49%.

Peers: The peers of India Cements are J K Cements, Dalmia BharatLtd, ACC, The Ramco Cement, JSW Cement, Nuvoco Vistas, Star Cement, Birla Corpn., and JK Lakshmi Cem.<BR><BR>Quality Snapshot: Excellent management risk is observed at J K Cements and JK Lakshmi Cem., while Average management risk is found at Dalmia BharatLtd, ACC, The Ramco Cement, Nuvoco Vistas, Star Cement, Birla Corpn., and India Cements. Good growth is noted at JSW Cement, while Below Average growth is seen at J K Cements, Dalmia BharatLtd, ACC, The Ramco Cement, Nuvoco Vistas, India Cements, Star Cement, Birla Corpn., and JK Lakshmi Cem. Excellent capital structure is present at ACC and Star Cement, while Average capital structure is found at J K Cements, Birla Corpn., and JK Lakshmi Cem., and Below Average capital structure is observed at Dalmia BharatLtd, The Ramco Cement, JSW Cement, Nuvoco Vistas, and India Cements.<BR><BR>Return Snapshot: The peer with the highest 1-year return is India Cements at 3.63%, while the lowest is JK Lakshmi Cem. at -39.49%. India Cements' return is significantly higher than that of JK Lakshmi Cem. Additionally, the six-month return is negative for J K Cements, ACC, The Ramco Cement, Dalmia BharatLtd, Nuvoco Vistas, Star Cement, Birla Corpn., and JK Lakshmi Cem.

How big is India Cements?

As of 14th August, India Cements Ltd has a market capitalization of 11,655.23 Cr, with recent net sales of 4,479.37 Cr and a net profit of 92.49 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: India Cements Ltd has a market capitalization of 11,655.23 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4,479.37 Cr, while the sum of Net Profit for the same period is 92.49 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 10,124.27 Cr and Total Assets valued at 13,403.05 Cr.

Are India Cements Ltd latest results good or bad?

India Cements Ltd's latest results show a net profit recovery from last year, but a significant sequential decline in profit and revenue indicates ongoing challenges. Overall, the performance is mixed, suggesting operational inefficiencies despite some improvements.

India Cements Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹26.85 crores for Q1 FY27, which is a significant recovery compared to a loss of ₹132.90 crores in the same quarter last year. However, when looking at the sequential performance, the net profit has plunged by 54.87% from ₹59.50 crores in the previous quarter. Additionally, revenue has contracted by 17.03% quarter-on-quarter to ₹1,019.42 crores, marking the lowest quarterly revenue in the last seven quarters.<BR><BR>While the operating margin improved to 15.28%, the overall financial performance indicates challenges. The company's return on equity (ROE) is notably low at 0.79%, which is well below industry standards, suggesting ongoing profitability issues. Furthermore, the price-to-earnings ratio of 158x is significantly higher than the industry average of 34x, raising concerns about valuation.<BR><BR>In summary, while there are signs of recovery in terms of net profit compared to last year, the sequential decline in profit and revenue, along with weak return metrics, suggest that the company's overall performance is still under pressure. Therefore, the results can be seen as more sobering than positive, indicating that India Cements is grappling with fundamental operational inefficiencies despite some improvements.

Is India Cements technically bullish or bearish?

As of December 4, 2025, the trend is bullish with strong indicators like daily moving averages and monthly MACD and RSI supporting this view, although there is some short-term caution from the weekly MACD and KST.

As of 4 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and both the monthly MACD and RSI are bullish as well. Additionally, Bollinger Bands are bullish on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some short-term caution. Overall, the strength of the bullish trend is reinforced by the positive performance against the Sensex over multiple periods, particularly in the 3-year and 5-year returns.

How has been the historical performance of India Cements?

India Cements has experienced declining financial performance, with net sales dropping from 5,608.14 Cr in March 2023 to 4,132.34 Cr in March 2025, and significant losses in operating profit and profit after tax during the same period. Despite an increase in total assets, the company's financial health remains strained due to rising losses and declining sales.

Answer:<BR>The historical performance of India Cements shows a fluctuating trend in its financial metrics over the years, particularly in net sales, operating profit, and profit after tax.<BR><BR>Breakdown:<BR>India Cements reported net sales of 4,132.34 Cr in March 2025, a decline from 4,997.85 Cr in March 2024 and 5,608.14 Cr in March 2023. The total operating income followed a similar trend, with figures of 4,132.34 Cr in March 2025, down from 4,997.85 Cr in March 2024 and 5,608.14 Cr in March 2023. The company faced significant challenges, reflected in its operating profit (PBDIT), which was -173.71 Cr in March 2025, a stark contrast to 150.30 Cr in March 2024 and 508.66 Cr in March 2022. Profit before tax also showed a negative trend, with -171.35 Cr in March 2025 compared to -267.43 Cr in March 2024 and a profit of 85.47 Cr in March 2022. Consequently, profit after tax was -112.86 Cr in March 2025, worsening from -219.61 Cr in March 2024 and a profit of 65.98 Cr in March 2022. The company's total assets increased to 13,830.22 Cr in March 2025 from 10,700.63 Cr in March 2024, while total liabilities also rose to 13,830.22 Cr in March 2025 from 10,700.63 Cr in March 2024. Cash flow from operating activities showed a positive cash flow of 343 Cr in March 2024, but the overall financial health appears strained with increasing losses and declining sales.

Who are the top shareholders of the India Cements?

The top shareholders of India Cements include Ultratech Cement Limited with 81.49%, followed by foreign institutional investors at 4.94%, mutual funds at 0.89%, and individual investors collectively owning 8.14%. The highest public shareholder is Lici Asm Non Par, holding 2.64%.

The top shareholders of India Cements primarily include its promoters, with Ultratech Cement Limited holding the largest share at 81.49%. In addition to the promoters, the company has mutual funds holding 0.89% across 43 schemes and foreign institutional investors (FIIs) holding 4.94% through 98 different FIIs. The highest public shareholder is Lici Asm Non Par, which holds 2.64%. Individual investors collectively own 8.14% of the company.

Is India Cements overvalued or undervalued?

As of November 7, 2022, India Cements is considered a risky investment due to its overvaluation and poor financial ratios, including a PE ratio of -18.44 and an EV to EBITDA of -30.54%, despite a strong one-year stock return of 58.75%.

As of 7 November 2022, India Cements' valuation grade has moved from attractive to risky, indicating a significant deterioration in its financial standing. The company is currently overvalued, as evidenced by its troubling financial ratios, including a PE ratio of -18.44, an EV to EBITDA of -30.54, and a ROCE of -5.54%. These figures suggest that the company is struggling to generate positive returns and is not effectively utilizing its capital.<BR><BR>In comparison to its peers, India Cements stands out negatively; for instance, UltraTech Cement has a PE ratio of 52.27 and an EV to EBITDA of 27.92, while Grasim Industries shows a PE of 43.9 and an EV to EBITDA of 11.89. The stark contrast in these ratios highlights the challenges faced by India Cements within the cement industry. Despite a strong one-year stock return of 58.75% compared to the Sensex's 7.60%, the underlying financial metrics indicate that the stock is not a sound investment at its current price of 340.05.

When is the next results date for India Cements?

No Upcoming Board Meetings

Has India Cements declared dividend?

Yes, India Cements has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 20, 2022. Despite this, the dividend yield is 0%, as recent returns have primarily come from price appreciation rather than dividends.

India Cements Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 20 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -5.77%, with no dividend return, resulting in a total return of -5.77%.<BR><BR>Over the past year, the price return was 63.98%, with no dividend return, leading to a total return of 63.98%.<BR><BR>In the 2-year period, the price return was 53.77%, with no dividend return, resulting in a total return of 53.77%.<BR><BR>For the 3-year period, the price return was 105.32%, with a dividend return of 0.65%, culminating in a total return of 105.97%.<BR><BR>In the last 4 years, the price return was 79.64%, with a dividend return of 1.04%, resulting in a total return of 80.68%.<BR><BR>Over the past 5 years, the price return was 160.13%, with a dividend return of 2.07%, leading to a total return of 162.2%.<BR><BR>Overall, while India Cements has declared a dividend, the dividend yield remains at 0%, indicating that the dividend payments have not significantly contributed to returns in recent periods. However, the price returns over various periods show strong performance, particularly in the longer term.