India Cements Ltd.

BSE: INDIACEM530005ISIN INE383A01012

Commodities
Cement & Cement Products
BSE 500

BSE listing

Share price

₹344.45-4.90 (-1.40%)

as of 18 Sep 2026

52W high: ₹489.65
52W low: ₹332.00
Off 52W high: -29.65%
1M return: -5.99%
3M return: -8.16%
6M return: -4.20%
1Y return: -13.67%
20D avg volume: 8,764
50 DMA: ₹377.22
200 DMA: ₹400.04

Key ratios Consolidated

Market cap: ₹10,674 Cr
Current price: ₹344.45
52W high / low: ₹489.65 / ₹332.00
Face value: ₹10.00
P/E: 115.41
P/B: —
EPS (TTM): ₹2.98
Book value / share: —
ROE: —
ROCE: 0.30%
Operating margin: —
Net margin: —
Debt / equity: 0.13
Net debt: ₹1,291 Cr
Interest cover: 0.36
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 9.5 days

About

In plain English

India Cements manufactures cement – the grey powder that, when mixed with water, sand, and gravel, becomes concrete for buildings, roads, and bridges. Their cement is used by construction companies and infrastructure developers across India for projects ranging from apartment complexes to national highways. The company makes money by selling this cement at a profit, with all revenue coming from domestic sales. They operate several plants in southern India and are investing in renewable energy to reduce costs.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 19 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,019	1,229	1,114	1,117	1,025	1,197	940.81	1,032	1,027	1,267	1,144	1,264
	3.45	25.85	23.70	29.00	9.11	26.31	46.37	158.95	15.51	20.21	29.38	8.02
	961.79	1,175	1,134	1,136	1,042	1,313	1,260	1,323	1,190	1,352	1,214	1,375
	246.17	322.53	247.63	214.26	219.34	252.42	200.92	214.39	201.12	250.54	206.60	243.04
	0.00	0.00	0.00	0.00	0.00	1.06	18.15	0.54	30.51	0.38	31.90	16.53
	47.63	62.89	59.89	57.81	62.26	89.65	87.51	96.13	106.61	99.75	87.89	100.13
	26.15	23.38	24.10	25.27	26.58	38.06	73.38	73.33	82.36	64.69	60.39	60.39
	71.94	75.86	74.73	74.47	74.06	74.85	55.25	55.12	56.45	58.06	58.07	54.99
	582.41	674.66	734.25	720.22	721.18	883.50	178.11	192.65	148.88	173.43	176.80	197.84
	61.08	79.71	3.93	10.40	-8.34	-89.60	-272.35	-132.23	-147.97	-64.98	-40.31	-102.95
	-25.28	-10.94	-8.47	-6.01	-123.77	90.11	366.15	-223.24	240.68	15.88	26.21	0.00
	35.80	68.77	-4.54	4.39	-132.11	0.51	93.80	-355.47	92.71	-49.10	-14.10	-102.95
	8.95	9.27	-1.87	-4.42	0.74	-24.09	39.47	16.32	21.38	0.96	7.52	17.41
	26.85	59.50	-2.67	8.81	-132.91	14.68	122.30	-339.13	58.47	-60.55	0.67	-80.07
	0.87	1.92	-0.09	0.28	-4.21	0.69	162.95	-11.55	1.87	-1.91	—	-2.56
Key metrics
	133.89	168.01	94.29	104.13	-31.47	113.42	222.43	-227.02	231.52	73.65	104.36	12.43
	13.10%	13.70%	8.50%	9.30%	-3.10%	9.50%	23.60%	-22.00%	22.50%	5.80%	9.10%	1.00%
	2.60%	4.80%	-0.20%	0.80%	-13.00%	1.20%	13.00%	-32.90%	5.70%	-4.80%	0.10%	-6.30%
	—	0.80%	—	0.20%	—	0.30%	—	—	—	—	—	—
	-0.50%	2.60%	18.40%	8.30%	-0.20%	-5.50%	-17.80%	-18.40%	—	—	—	—
	120.20%	305.30%	-102.20%	102.60%	-327.30%	124.20%	18,153.70%	-323.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	4,479	4,485	4,149	5,112	5,608	4,858	4,511	5,186	5,770	5,432
	82.00	87.66	208.53	64.74	40.11	24.39	40.45	41.67	39.23	24.50
	4,406	4,487	5,036	5,482	6,212	4,797	4,240	5,191	5,760	5,367
	1,031	1,004	832.12	973.59	1,055	827.53	731.99	981.19	1,099	940.67
	0.00	0.00	50.26	72.01	105.41	37.65	0.16	28.74	0.38	11.91
	228.22	242.85	376.98	381.55	365.44	340.05	337.80	358.96	365.21	406.23
	98.90	99.33	266.00	243.65	241.68	197.66	271.01	343.19	350.42	279.00
	297.00	299.12	239.44	225.57	219.27	225.53	246.60	255.90	264.74	—
	2,712	2,850	3,247	721.59	701.26	583.76	545.22	727.55	738.65	917.66
	155.12	85.72	-679.13	-305.46	-563.94	85.47	310.66	37.39	49.76	89.74
	-50.70	-149.19	507.79	42.09	186.17	0.00	0.00	-13.78	0.00	0.00
	104.42	-63.47	-171.34	-263.37	-377.77	85.47	310.66	23.61	49.76	89.74
	11.93	2.24	58.49	47.61	207.95	19.49	102.21	29.85	24.50	19.24
	92.49	-67.25	-143.69	-227.34	-126.89	78.46	206.77	50.16	24.54	70.50
	2.98	-2.17	153.85	-7.32	-4.04	8.92	7.01	9.18	0.28	—
Key metrics
	500.32	334.98	334.10	205.85	83.18	508.66	828.27	622.70	664.92	368.74
	11.17%	7.50%	8.10%	4.00%	1.50%	10.50%	18.40%	12.00%	11.50%	6.80%
	2.06%	-1.50%	-3.50%	-4.40%	-2.30%	1.60%	4.60%	1.00%	0.40%	1.30%
	—	0.30%	0.80%	—	—	—	—	—	—	—
	—	8.10%	-18.80%	-8.80%	15.40%	7.70%	-13.00%	-10.10%	6.20%	—
	—	53.20%	36.80%	-79.20%	-261.70%	-62.10%	312.20%	104.40%	-65.20%	—
	—	-249.41	-318.65	—	—	—	—	—	—	—
	—	0.40	1.78	—	—	—	—	—	—	—
	—	0.13	0.11	—	—	—	—	—	—	—
	—	1,291	1,062	—	—	—	—	—	—	—
	—	9.5	20.5	—	—	—	—	—	—	—
Balance sheet
	—	13,403	13,830	—	—	—	—	—	—	—
	—	1,457	1,592	—	—	—	—	—	—	—
	—	13.76	103.10	—	—	—	—	—	—	—
	—	248.48	659.21	—	—	—	—	—	—	—
	—	734.22	556.20	—	—	—	—	—	—	—
	—	288.50	181.64	—	—	—	—	—	—	—
	—	11,179	11,572	—	—	—	—	—	—	—
	—	865.76	981.96	—	—	—	—	—	—	—
	—	1,576	1,250	—	—	—	—	—	—	—
	—	1,305	1,165	—	—	—	—	—	—	—
	—	328.52	94.52	—	—	—	—	—	—	—
	—	976.29	1,071	—	—	—	—	—	—	—
	—	10,124	10,196	—	—	—	—	—	—	—
Cash flow
	—	-26.74	-256.22	—	—	—	—	—	—	—
	—	-102.93	2,015	—	—	—	—	—	—	—
	—	40.33	-1,738	—	—	—	—	—	—	—
	—	222.67	62.43	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,019	1,229	1,114	1,117	1,025	1,197	903.16	1,017	971.53	1,245	1,082	1,222
	3.20	30.15	25.75	13.40	8.80	23.53	10.62	9.75	6.37	24.67	16.85	5.93
	961.77	1,172	1,140	1,142	1,050	1,319	1,221	1,307	1,140	1,319	1,149	1,327
	246.17	322.51	247.62	214.28	219.34	252.42	200.92	196.41	182.37	226.44	181.34	218.01
	0.00	0.00	0.00	0.00	0.00	1.06	1.36	0.52	0.07	0.32	0.35	0.09
	47.62	62.67	59.78	57.62	61.92	89.39	87.22	94.36	104.65	97.93	86.20	98.55
	26.15	23.37	30.46	31.62	32.93	47.60	73.77	72.84	82.44	63.73	59.54	59.34
	71.94	75.86	74.73	74.47	74.06	74.86	55.24	54.00	55.33	56.58	56.59	53.49
	582.40	672.56	733.80	720.34	722.77	880.25	168.75	191.94	144.09	161.40	165.12	187.91
	60.85	86.35	0.07	-11.31	-16.24	-98.43	-306.80	-280.88	-162.39	-48.78	-50.24	-98.80
	-25.28	-20.49	-7.72	0.00	0.00	-2.70	-190.26	6.41	240.68	15.87	26.21	—
	35.57	65.86	-7.65	-11.31	-16.24	-101.13	-497.06	-274.47	78.29	-32.91	-24.03	-98.80
	8.95	11.11	-1.93	-4.45	2.48	25.47	68.22	34.49	20.83	3.58	7.52	17.41
	26.62	54.75	-5.72	-6.86	-13.76	-75.66	-428.84	-239.98	57.46	-29.33	-16.51	-81.39
	0.86	1.77	-0.18	-0.22	-0.37	-2.41	144.64	-8.41	1.86	-0.88	-0.56	-2.60
Key metrics
	133.66	165.09	97.54	94.78	90.75	21.33	-368.05	-147.63	216.06	87.40	92.10	14.03
	13.10%	13.40%	8.80%	8.50%	8.90%	1.80%	-40.80%	-14.50%	22.20%	7.00%	8.50%	1.10%
	2.60%	4.50%	-0.50%	-0.60%	-1.30%	-6.30%	-47.50%	-23.60%	5.90%	-2.40%	-1.50%	-6.70%
	—	0.80%	—	0.20%	—	-0.40%	—	—	—	—	—	—
	-0.50%	2.60%	23.40%	9.90%	5.50%	-3.90%	-16.50%	-16.80%	—	—	—	—
	293.50%	172.40%	98.70%	97.10%	-123.90%	-158.00%	-2,497.50%	-194.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	4,479	4,485	4,088	4,942	5,381	4,713	4,437	5,058	5,628	5,341
	72.50	96.28	50.27	54.32	34.27	16.72	23.45	27.74	30.97	19.41
	4,416	4,485	4,987	5,294	6,002	4,676	4,137	5,054	5,566	5,244
	1,031	1,004	832.12	882.57	947.92	784.87	701.50	925.88	1,044	901.38
	0.00	0.00	3.01	1.11	38.82	0.03	0.06	0.40	0.38	11.91
	227.69	242.18	375.62	374.69	358.32	332.19	331.03	349.89	357.14	397.10
	111.60	99.33	276.65	240.44	234.16	204.02	264.95	334.47	324.17	340.17
	297.00	299.12	239.43	219.63	212.99	219.79	241.90	246.85	251.31	255.94
	2,709	2,850	3,237	685.83	678.45	569.22	492.94	706.14	692.62	876.36
	135.96	95.78	-848.50	-296.76	-587.36	54.03	322.71	31.63	93.42	116.11
	-53.49	-28.21	54.13	42.09	180.45	—	—	-100.04	—	—
	82.47	67.57	-794.37	-254.67	-406.91	54.03	322.71	-68.41	93.42	116.11
	13.68	2.25	-126.81	52.15	218.36	15.05	100.67	32.90	23.98	15.49
	68.79	65.32	-667.56	-202.52	-188.55	38.98	222.04	-35.51	69.44	100.62
	2.23	2.11	136.31	-6.45	-6.07	7.46	7.15	6.62	2.07	—
Key metrics
	491.07	466.02	-278.29	205.40	40.24	477.84	829.56	512.91	668.90	712.22
	10.96%	10.40%	-6.80%	4.20%	0.70%	10.10%	18.70%	10.10%	11.90%	13.30%
	1.54%	1.50%	-16.30%	-4.10%	-3.50%	0.80%	5.00%	-0.70%	1.20%	1.90%
	—	1.40%	-4.30%	—	—	—	—	—	—	—
	—	9.70%	-17.30%	-8.10%	14.20%	6.20%	-12.30%	-10.10%	5.40%	—
	—	109.80%	-229.60%	-7.40%	-583.70%	-82.40%	725.30%	-151.10%	-31.00%	—
	—	-255.60	13.65	—	—	—	—	—	—	—
	—	-0.50	-0.09	—	—	—	—	—	—	—
	—	0.13	0.12	—	—	—	—	—	—	—
	—	1,291	1,091	—	—	—	—	—	—	—
	—	9.6	21.8	—	—	—	—	—	—	—
Balance sheet
	—	13,305	13,640	—	—	—	—	—	—	—
	—	1,427	1,538	—	—	—	—	—	—	—
	—	13.47	73.82	—	—	—	—	—	—	—
	—	248.48	659.21	—	—	—	—	—	—	—
	—	734.22	555.61	—	—	—	—	—	—	—
	—	286.92	161.24	—	—	—	—	—	—	—
	—	11,179	11,414	—	—	—	—	—	—	—
	—	865.49	970.78	—	—	—	—	—	—	—
	—	1,575	1,633	—	—	—	—	—	—	—
	—	1,305	1,165	—	—	—	—	—	—	—
	—	328.51	94.52	—	—	—	—	—	—	—
	—	976.28	1,071	—	—	—	—	—	—	—
	—	10,027	9,623	—	—	—	—	—	—	—
Cash flow
	—	-32.94	60.21	—	—	—	—	—	—	—
	—	-68.50	1,730	—	—	—	—	—	—	—
	—	40.30	-1,729	—	—	—	—	—	—	—
	—	222.66	46.56	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -5.89%
Sales CAGR 5Y: +0.22%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: -21.71%
Profit CAGR 10Y: —
Sales YoY (TTM): +8.16%
Profit YoY (TTM): +109.07%

Consolidated

Sales CAGR 3Y: -7.18%
Sales CAGR 5Y: -0.11%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): +6.79%
Profit YoY (TTM): +127.60%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 75.00%

Holder	Type	Holding	Previous	Change
UltraTech Cement Limited	Promoter	75.00%	—	—
KOTAK LARGE & MIDCAP FUND and KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MULTICAP FUND	Public	4.12%	—	—
FRANKLIN INDIA SMALL CAP FUND	Public	1.39%	—	—
SBI MIDCAP FUND	Public	1.15%	—	—
FIIs	Public	0.01%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Newspaper Publication of Postal Ballot Notice dated 09.09.202612 Sep 2026 · Company Update / Newspaper Publication
Postal Ballot Notice dated 09.09.202611 Sep 2026 · AGM/EGM / Postal Ballot
Acquisition of 26% equity share capital of Amplus TN One Energy Private Limited2 Sep 2026 · Company Update / Acquisition
Closure of Trading Window1 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
India Cements Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/10/2026 ,inter alia, to consider and approve Standalone and Consolidated unaudited ....1 Sep 2026 · Board Meeting / Board Meeting
Newspaper Advertisement regarding Notice of Special Window for Transfer and Dematerialisation of Physical Securities.25 Aug 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30- ESG Rating13 Aug 2026 · Company Update / Credit Rating
Change in Email Address of the Company13 Aug 2026 · Company Update / General
Scrutinizer''s Report for the Annual General Meeting held on 10.08.202611 Aug 2026 · AGM/EGM / AGM
Chairman Speech at the 80th Annual General Meeting of the Company10 Aug 2026 · Company Update / General
Proceedings of 80th Annual General Meeting of the Company held on Monday, 10th August, 2026 held through Video Conferencing and Other Audio Visual Means10 Aug 2026 · AGM/EGM / AGM
Change in Directorate6 Aug 2026 · Company Update / Change in Directorate
Transcript of Earnings Call23 Jul 2026 · Company Update / Earnings Call Transcript
Disclosure w.r.t. demand notices received from District Collector, Tirunelveli, Tamil Nadu22 Jul 2026 · Company Update / General
Audio recording - Earnings Call20 Jul 2026 · Company Update / Analyst / Investor Meet
Intimation pursuant to Regulation 36(1)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201518 Jul 2026 · Company Update / General
Announcement under Regulation 30 (LODR) - Newspaper Publication18 Jul 2026 · Company Update / Newspaper Publication
Investor Presentation on performance of the Company for the quarter ended 30.06.202618 Jul 2026 · Company Update / Investor Presentation
Board Meeting Outcome for Unaudited Financial Results (Standalone and Consolidated) for the Quarter Ended 30.06.202618 Jul 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30.06.202618 Jul 2026 · Result / Financial Results
Business Responsibility and Sustainability Report (BRSR) for the year ended 31.03.202617 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report 202617 Jul 2026 · Others / Reg. 34 (1) Annual Report
Announcement under Regulation 30 (LODR) - Newspaper Publication14 Jul 2026 · Company Update / Newspaper Publication
Annual General Meeting (AGM) of the Company to be held on 10th August 20269 Jul 2026 · AGM/EGM / AGM
Certificate under Regulation 74(5) of SEBI(DP) Regulations, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding Earnings Call3 Jul 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement pursuant to IEPF Rules, 20163 Jul 2026 · Company Update / Newspaper Publication
Letter to Shareholder - Transfer of Dividend and corresponding shares to the Investor Education and Protection Fund2 Jul 2026 · Company Update / General
Newspaper Advertisement regarding Notice of Special Window for Transfer and Dematerialisation of Physical Securities29 Jun 2026 · Company Update / Newspaper Publication
Credit rating by CARE Ratings Limited26 Jun 2026 · Company Update / Credit Rating
Completion of tenure of Independent Director23 Jun 2026 · Company Update / Change in Directorate
Resignation of Mr. Ashok Ramchandran as a Director of the Company with effect from the close of business on 23rd June 2026.23 Jun 2026 · Company Update / Resignation of Director
Acquisition of 12.48% equity share capital of FPEL SERVICES PRIVATE LIMITED10 Jun 2026 · Company Update / Acquisition
Closure of Trading Window1 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
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 ....1 Jun 2026 · Board Meeting / Board Meeting
Annual Secretarial Compliance Report for the Financial Year 2025-26.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Disclosure w.r.t. Compounding Order passed by Foreign Exchange Department, Reserve Bank of India, Chennai16 May 2026 · Company Update / General
Voting results of Postal Ballot Notice dated 31.03.2026 through Remote e-voting process and Scrutinizer''s Report.7 May 2026 · AGM/EGM / Postal Ballot
Voting results of Postal Ballot Notice dated 31.03.2026 through Remote e-voting process and Scrutinizer''s Report7 May 2026 · AGM/EGM / Postal Ballot
Transcript of Earnings Call2 May 2026 · Company Update / Earnings Call Transcript

Board meetings

17 Oct 2026 Board Meeting - Financial Results
18 Jul 2026 Board Meeting - Financial Results