INDIACEM
FAIRLY_VALUEDThe India Cements Limited
Cement · NSE
↑ 77.6% vs fair value
52W Low
₹297
+34.1% from low
52W High
₹486
-18.0% from high
Valuation Gauge
Current Price
₹398
Fair Value
₹1,779
Fair Value Analysis
₹1,779
Based on balance sheet strength analysis and earnings growth potential for Cement sector companies | Sector-cheap: P/E at 0th percentile vs sector peers. | CAUTION: ROCE declining (latest 1.1%) — returns on capital are falling; verify this isn't a value trap.
Balance Sheet Value
55% weight
Growth Valuation
46% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
Negative ROE of -0.7% — returns on equity are poor
Debt & Leverage
D/E ratio of 0.1x is well within the Cement sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 3.0x trades at a 95% discount to Cement sector median (54x) — attractively valued
Cash Flow
Negative FCF of ₹-249 Cr — company is consuming more cash than it generates
Earnings Growth
Growth data unavailable — scored neutral
Dividend
No dividend — typical for growth-stage companies
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-1.0%
Free cash flow / market cap
Revenue Growth (YoY)
+28.2%
Year-on-year revenue change
Profit Growth (YoY)
-151.0%
Year-on-year PAT change
Operating Cash Flow
₹-27 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹134.8
P/E Ratio
3x
P/B Ratio
1.2x
ROE
-0.7%
ROCE
0.3%
Debt / Equity
0.13x
Beta
0.27
Div Yield
—
FCF (Cr)
₹-249 Cr
Revenue (Cr)
₹4,485 Cr
EPS Growth 5Y
—
Mkt Cap (Cr)
₹18,601 Cr
52W High
₹485.8
52W Low
₹297.1
Book Value/Share
₹324
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹4.5K Cr | ₹397 Cr | 9.0% | ₹-67 Cr | ₹-2.17 |
| 2025-03-31 | ₹4.1K Cr | ₹-358 Cr | -9.0% | ₹-144 Cr | ₹-4.64 |
| 2024-03-31 | ₹5.0K Cr | ₹86 Cr | 2.0% | ₹-227 Cr | ₹-7.34 |
| 2023-03-31 | ₹5.6K Cr | ₹-141 Cr | -3.0% | ₹-125 Cr | ₹-4.09 |
| 2022-03-31 | ₹4.9K Cr | ₹486 Cr | 10.0% | ₹87 Cr | ₹2.53 |
| 2021-03-31 | ₹4.5K Cr | ₹796 Cr | 18.0% | ₹209 Cr | ₹6.67 |
| 2020-03-31 | ₹5.2K Cr | ₹599 Cr | 12.0% | ₹51 Cr | ₹1.62 |
| 2019-03-31 | ₹5.8K Cr | ₹639 Cr | 11.0% | ₹26 Cr | ₹0.68 |
| 2018-03-31 | ₹5.3K Cr | ₹720 Cr | 14.0% | ₹69 Cr | ₹2.11 |
| 2017-03-31 | ₹5.2K Cr | ₹891 Cr | 17.0% | ₹159 Cr | ₹5.41 |
| 2016-03-31 | ₹4.9K Cr | ₹873 Cr | 18.0% | ₹119 Cr | ₹3.80 |
| 2015-03-31 | ₹5.1K Cr | ₹763 Cr | 15.0% | ₹-1 Cr | ₹-0.11 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Cement| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
The India Cements Limited | ₹398.4 | ₹1,778.9 | +77.6% | 23.8 | -0.7% | FAIRLY_VALUED |
Niraj Cement Structurals Limited | ₹28.9 | ₹54.3 | +46.8% | 6.6 | 5.8% | FAIRLY_VALUED |
ACC | ₹1,359 | ₹1,952 | +30.4% | 12 | 10.9% | FAIRLY_VALUED |
Birla Corporation | ₹1,002 | ₹1,159.1 | +13.6% | 14.1 | 7.3% | FAIRLY_VALUED |
Barak Valley Cements Limited | ₹42.1 | ₹45.7 | +7.9% | 4,218 | 4.4% | FAIRLY_VALUED |
JK Lakshmi Cement | ₹610 | ₹522 | -16.9% | 17.5 | 9.0% | FAIRLY_VALUED |
Star Cement Limited | ₹224.1 | ₹154.7 | -44.9% | 23.6 | 12.2% | OVERVALUED |
Orient Cement | ₹136.5 | ₹91.8 | -48.8% | 8.3 | 17.1% | OVERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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