India Cements

Why is India Cements Ltd falling/rising?

As of 07-Aug, India Cements Ltd's stock price is rising to 397.95, driven by positive financial results and consecutive gains over the past four days. Despite a year-to-date decline of 8.57%, the stock has outperformed the Sensex over one, three, and five years.

As of 07-Aug, India Cements Ltd's stock price is rising, currently at 397.95, reflecting an increase of 4.9 (1.25%). This upward movement can be attributed to several factors. The stock has outperformed its sector by 0.67% today and has shown consecutive gains for the last four days, accumulating a total return of 1.87% during this period. Additionally, the company has reported positive financial results for the last four consecutive quarters, with a significant increase in profits, as evidenced by a 129.7% rise in profits over the past year.<BR><BR>Despite the stock's recent performance, it is important to note that it has experienced a decline of 8.57% year-to-date, which is slightly worse than the Sensex's decline of 7.89%. However, over a one-year period, the stock has generated a return of 11.16%, significantly outperforming the Sensex's decline of 2.63%. The stock's performance over three and five years is also strong, with returns of 84.28% and 106.83%, respectively, compared to the Sensex's 19.02% and 44.63%.<BR><BR>While the stock is currently trading above its short-term moving averages, it remains below its 200-day moving average, indicating some volatility. Additionally, there has been a decrease in investor participation, with delivery volume falling by 8.54% against the five-day average. However, the liquidity remains sufficient for trading.<BR><BR>Overall, the combination of recent positive financial results, consecutive gains, and outperformance against the sector contributes to the rising stock price of India Cements Ltd.

Which are the latest news on India Cements?

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.

Should I buy, sell or hold India Cements Ltd?

How big is India Cements?

As of 10th June, India Cements Ltd has a market capitalization of 11,686.00 Cr and reported net sales of 4,484.69 Cr, with a net loss of 67.26 Cr in the latest four quarters. Shareholder's funds were 10,194.13 Cr and total assets were 13,830.22 Cr as of March 2025.

As of 10th June, India Cements Ltd has a market capitalization of 11,686.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, India Cements reported net sales of 4,484.69 Cr. However, the company experienced a loss of 67.26 Cr in net profit during this period.<BR><BR>The latest annual period for the balance sheet is March 2025, where shareholder's funds amounted to 10,194.13 Cr and total assets were reported at 13,830.22 Cr.

Who are in the management team of India Cements?

The management team of India Cements includes N Srinivasan (Vice Chairman and CEO), Rupa Gurunath (Whole-time Director), and several independent and non-executive directors, totaling 19 key individuals who guide the company's governance and strategy.

The management team of India Cements includes the following key individuals:<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 includes a mix of executive, non-executive, and independent directors, contributing to the governance and strategic direction of the company.

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, JK Lakshmi Cement, and Birla Corporation. India Cements has the highest 1-year return at 12.33%, while Birla Corporation has the lowest at -33.75%.

Peers: The peers of India Cements are J K Cements, Dalmia BharatLtd, ACC, The Ramco Cement, JSW Cement, Nuvoco Vistas, Star Cement, JK Lakshmi Cem., and Birla Corpn.<BR><BR>Quality Snapshot: Excellent management risk is observed at ACC and JK Lakshmi Cem., while Good management risk is found at J K Cements, and the rest have Average management risk. Growth is rated as Good for JSW Cement, while Below Average growth is noted for J K Cements, Dalmia BharatLtd, ACC, The Ramco Cement, India Cements, Nuvoco Vistas, Star Cement, JK Lakshmi Cem., Birla Corpn., and the rest. In terms of Capital Structure, Excellent is seen at ACC and Star Cement, Good at Dalmia BharatLtd and JK Lakshmi Cem., while Average is noted for J K Cements, Birla Corpn., and the rest have Below Average.<BR><BR>Return Snapshot: The peer with the highest 1-year return is India Cements at 12.33%, while the lowest is Birla Corpn. at -33.75%. India Cements' return is significantly higher than all its peers. Additionally, the six-month return is negative for ACC, Dalmia BharatLtd, JK Lakshmi Cem., and Birla Corpn.

What does India Cements do?

India Cements Ltd is the largest cement producer in South India, with recent net sales of ₹1,229 Cr and a net profit of ₹60 Cr as of March 2026. The company has a market cap of ₹11,686 Cr and operates with a P/E ratio of 145.00.

Overview:<BR>India Cements Ltd is the largest producer of cement in South India, operating within the Cement & Cement Products industry and categorized as a Small Cap company.<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 profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,229 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 60 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 11,686 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 145.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.12 <BR>Return on Equity: 0.79% <BR>Price to Book: 1.16 <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

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.