Cement & Cement Products
Valuation | |
|---|---|
| Market Cap | 13.11 kCr |
| Price/Earnings (Trailing) | -120.57 |
| Price/Sales (Trailing) | 2.89 |
| EV/EBITDA | 51.4 |
| Price/Free Cashflow | -38.32 |
| MarketCap/EBT | -99.54 |
| Enterprise Value | 14.41 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -4.3% |
| Price Change 1M | -6.6% |
| Price Change 6M | 12.4% |
| Price Change 1Y | 62.9% |
| 3Y Cumulative Return | 28.8% |
| 5Y Cumulative Return | 20.7% |
| 7Y Cumulative Return | 25.4% |
| 10Y Cumulative Return | 19.4% |
| Revenue (TTM) |
| 4.54 kCr |
| Rev. Growth (Yr) | 15.3% |
| Earnings (TTM) | -112.09 Cr |
| Earnings Growth (Yr) | -102.2% |
Profitability | |
|---|---|
| Operating Margin | -2% |
| EBT Margin | -3% |
| Return on Equity | -1.11% |
| Return on Assets | -0.82% |
| Free Cashflow Yield | -2.61% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | 2.01 kCr |
| Cash Flow from Operations (TTM) | -256.22 Cr |
| Cash Flow from Financing (TTM) | -1.74 kCr |
| Cash & Equivalents | 38.98 Cr |
| Free Cash Flow (TTM) | -318.65 Cr |
| Free Cash Flow/Share (TTM) | -10.28 |
Balance Sheet | |
|---|---|
| Total Assets | 13.66 kCr |
| Total Liabilities | 3.59 kCr |
| Shareholder Equity | 10.07 kCr |
| Current Assets | 1.67 kCr |
| Current Liabilities | 1.74 kCr |
| Net PPE | 11.29 kCr |
| Inventory | 622.93 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.1 |
| Debt/Equity | 0.13 |
| Interest Coverage | -2.16 |
| Interest/Cashflow Ops | -0.21 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 0.29% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Past Returns: Outperforming stock! In past three years, the stock has provided 28.8% return compared to 12.4% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock is suffering a negative price momentum. Stock is down -6.6% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Past Returns: Outperforming stock! In past three years, the stock has provided 28.8% return compared to 12.4% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock is suffering a negative price momentum. Stock is down -6.6% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 0.29% |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | -3.51 |
Financial Health | |
|---|---|
| Current Ratio | 0.96 |
| Debt/Equity | 0.13 |
Technical Indicators | |
|---|---|
| RSI (14d) | 24.86 |
| RSI (5d) | 0.00 |
| RSI (21d) | 37.37 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of India Cements's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
The management of UltraTech Cement Limited provided an optimistic outlook during the Q3 FY26 earnings call. They highlighted the robust demand driven by substantial government investment in infrastructure across India, projecting a continuous strong demand for cement due to multiple road and metro projects nationwide.
Key forward-looking points include:
Regional Demand Insights:
Capacity Expansion: Approximately 8 to 9 million tons of capacity is expected in Q4 FY26, with an additional 12 million tons in FY27. Total capacity is projected to reach 235 million tons by FY28.
Debt Levels: UltraTech is targeting a net debt to EBITDA ratio of around 0.8 to 0.9x by the end of FY26.
Market Positioning and Financial Performance: Management reinforced their strategy of disciplined execution and efficient cost control to capture market demand while safeguarding margins. A strong project pipeline indicates sustained demand for housing and social infrastructure. They remain confident about achieving an EBITDA per ton significantly better than in the previous quarter, with an anticipated improvement owing to pricing recovery and efficiency gains.
Long-term Growth Story: Management expressed confidence that UltraTech Cement is well-positioned to play a pivotal role in India's development story, with expectations for growth that extend beyond FY27.
Understand India Cements ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| UltraTech Cement Limited | 75% |
| KOTAK LARGE & MIDCAP FUND | 4.72% |
| LICI ASM NON PAR | 2.64% |
| SBI MIDCAP FUND | 1.94% |
| F.I.I | 0.01% |
| Associate of Persons | 0% |
Detailed comparison of India Cements against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | UltraTech Cement | 3.76 LCr | 86.37 kCr | +4.40% | +13.10% | 48.99 | 4.36 | - | - |
| AMBUJACEM | Ambuja Cements | 1.27 LCr |
Comprehensive comparison against sector averages
INDIACEM metrics compared to Cement
| Category | INDIACEM | Cement |
|---|---|---|
| PE | -119.22 | 32.67 |
| PS | 2.86 | 2.27 |
| Growth | 0.8 % | 15 % |
The India Cements Limited produces and sells cement and cement related products in India. It offers cement and allied products under the Conkrete Super King, Coromandel King, Sankar Super Power, Raasi Gold, Halo Super King brands; and ready mix concrete. The company also engages in the sale of coal; real estate activities; and construction and infrastructure projects; generation of power from windmills and thermal power plants; and provision of ship hiring services; as well as production and sale of clinker products. It exports its products. The company was incorporated in 1946 and is based in Chennai, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
INDIACEM vs Cement (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Questions and Answers from the Earnings Call Transcript:
1. Amit Murarka: "What do you think industry's stance will be in a high expansion scenario?"
Atul Daga: "If demand remains strong, we will not see any problem in prices. The demand footprint supports this optimistic outlook for cement prices."
2. Amit Murarka: "Most of this improvement in EBITDA per ton will be through cost? Or will there also be some pricing required to achieve that?"
Atul Daga: "The brand conversion already completed has significantly enhanced our performance. The balance conversion still needs completion, and pricing is improving in southern markets, enhancing efficiency and capacity utilization"”essential factors for achieving our targets."
3. Pulkit: "What will capacity addition look like in Q4 and in the next two years?"
Atul Daga: "Approximately 8 to 9 million tons in Q4, followed by about 12 million tons in FY '27 and the remainder in '28."
4. Jashandeep Singh Chadha: "How has rural demand recovered in the third quarter, and what expectations do you have for the next year?"
Atul Daga: "Our trade ratios remain strong, indicating buoyant rural demand, and I expect Q4 to be solid without any signs of depression."
5. Rahul Gupta: "Will realization remain under pressure over the next year despite improving demand?"
Atul Daga: "I expect non-trade prices to also harden, eliminating reasons for price issues. Demand will drive both trade and non-trade pricing."
6. Ritesh Shah: "Can you provide details around sourcing of fly ash and slag?"
Atul Daga: "There's enough supply coming from new power plants and steel plants, secured through a mix of long-term, short-term, domestic, and import sourcing."
7. Harsh Mittal: "What has been the clinker capacity additions till date in FY '26?"
K.C. Jhanwar: "We added two lines"”one at about 10,000 TPD, totaling approximately 3.5 million tons per year from each."
8. Navin Sahadeo: "Is the increase in other operating income linked to one-off revenue items?"
Atul Daga: "New incentives and how volumes move between plants cause fluctuations. It's difficult to maintain a consistent trend due to varying local demand."
9. Shravan Shah: "What was the 9-month capex and the guidance for FY '26?"
Atul Daga: "Capex for 9 months was INR 7,000 to INR 7,200 crores, with a full year guidance of INR 9,500 to INR 10,000 crores."
10. Shravan Shah: "When is the 1.54 clinker conversion ratio target expected?"
Atul Daga: "We aim for this within FY '27 and FY '28 as we complete our expansion phases."
Distribution across major stakeholders
Distribution across major institutional holders
| 40.8 kCr |
| -5.00% |
| +6.00% |
| 34.02 |
| 3.1 |
| - |
| - |
| SHREECEM | Shree Cements | 95.65 kCr | 21.09 kCr | -3.10% | -7.00% | 53.37 | 4.53 | - | - |
| ACC | ACC | 30.28 kCr | 25.11 kCr | -6.10% | -14.50% | 11.43 | 1.21 | - | - |
| RAMCOCEM | The Ramco Cements | 26.32 kCr | 8.86 kCr | +2.80% | +29.50% | 45.76 | 2.97 | - | - |
| 1,134 |
| 1,136 |
| 1,042 |
| 1,313 |
| 1,260 |
| 1,323 |
| Profit Before exceptional items and Tax | -67.4% | 3.93 | 10 | -8.34 | -89.6 | -272.35 | -132.23 |
| Exceptional items before tax | -35.1% | -8.47 | -6.01 | -123.77 | 90 | 366 | -223.24 |
| Total profit before tax | -263.4% | -4.54 | 4.39 | -132.11 | 0.51 | 94 | -355.47 |
| Current tax | 3.1% | 0.06 | 0.03 | 1.74 | 1.38 | 48 | 18 |
| Deferred tax | 46.2% | -1.93 | -4.45 | -2.48 | -25.47 | -87.68 | -34.49 |
| Total tax | 47% | -1.87 | -4.42 | -0.74 | -24.09 | -39.47 | -16.32 |
| Total profit (loss) for period | -147% | -2.67 | 8.81 | -132.91 | 15 | 122 | -339.13 |
| Other comp. income net of taxes | -1684.1% | -6.85 | 0.56 | 2.39 | 1.14 | 4,911 | -18.9 |
| Total Comprehensive Income | -225.7% | -9.52 | 9.37 | -130.52 | 16 | 5,033 | -358.03 |
| Earnings Per Share, Basic | -51.4% | -0.09 | 0.28 | -4.21 | 0.51 | 162.41 | -11.55 |
| Earnings Per Share, Diluted | -51.4% | -0.09 | 0.28 | -4.21 | 0.51 | 162.41 | -11.55 |
| 0.3% |
| 376 |
| 375 |
| 358 |
| 332 |
| 331 |
| 350 |
| Finance costs | 15.5% | 277 | 240 | 234 | 204 | 265 | 334 |
| Depreciation and Amortization | 8.7% | 239 | 220 | 213 | 220 | 242 | 247 |
| Other expenses | -8.4% | 3,237 | 3,534 | 4,260 | 3,163 | 2,521 | 3,221 |
| Total Expenses | -5.8% | 4,987 | 5,294 | 6,002 | 4,676 | 4,137 | 5,054 |
| Profit Before exceptional items and Tax | -185.3% | -848.5 | -296.76 | -587.36 | 54 | 323 | 32 |
| Exceptional items before tax | 29.3% | 54 | 42 | 180 | 0 | 0 | -100.04 |
| Total profit before tax | -211.1% | -794.37 | -254.67 | -406.91 | 54 | 323 | -68.41 |
| Current tax | - | 0 | 0 | 0 | 39 | 50 | 6.88 |
| Deferred tax | -140.5% | -126.81 | -52.15 | -218.36 | -24.26 | 50 | -39.78 |
| Total tax | -140.5% | -126.81 | -52.15 | -218.36 | 15 | 101 | -32.9 |
| Total profit (loss) for period | -228.5% | -667.56 | -202.52 | -188.55 | 39 | 222 | -35.51 |
| Other comp. income net of taxes | 294539% | 4,892 | 2.66 | 0.33 | 192 | -0.4 | 241 |
| Total Comprehensive Income | 2202.5% | 4,224 | -199.86 | -188.22 | 231 | 222 | 205 |
| Earnings Per Share, Basic | 1916.2% | 136.31 | -6.45 | -6.07 | 7.46 | 7.15 | 6.62 |
| Earnings Per Share, Diluted | 1916.2% | 136.31 | -6.45 | -6.07 | 7.46 | 7.15 | 6.62 |
| -1.1% |
| 11,290 |
| 11,414 |
| 6,202 |
| 6,565 |
| 6,406 |
| 6,484 |
| Capital work-in-progress | 21% | 214 | 177 | 178 | 190 | 371 | 313 |
| Non-current investments | 10.9% | 143 | 129 | 220 | 491 | 491 | 490 |
| Loans, non-current | -20.6% | 55 | 69 | 120 | 162 | 176 | 180 |
| Total non-current financial assets | 5.5% | 344 | 326 | 468 | 787 | 795 | 769 |
| Total non-current assets | -0.5% | 11,924 | 11,988 | 6,950 | 7,881 | 7,909 | 7,987 |
| Total assets | -0.9% | 13,519 | 13,640 | 9,523 | 10,445 | 10,962 | 11,186 |
| Borrowings, non-current | -8.3% | 982 | 1,071 | 1,222 | 1,420 | 1,617 | 1,799 |
| Total non-current financial liabilities | -8.3% | 982 | 1,071 | 1,222 | 1,420 | 1,623 | 1,804 |
| Provisions, non-current | -5.2% | 128 | 135 | 168 | 154 | 173 | 173 |
| Total non-current liabilities | -23.3% | 1,828 | 2,383 | 2,076 | 2,305 | 2,582 | 2,811 |
| Borrowings, current | 280.9% | 359 | 95 | 907 | 1,187 | 1,190 | 1,119 |
| Total current financial liabilities | 18.1% | 1,778 | 1,506 | 1,982 | 2,478 | 2,632 | 2,520 |
| Provisions, current | 253.4% | 11 | 3.83 | 66 | 78 | 59 | 58 |
| Total current liabilities | 27.8% | 2,086 | 1,633 | 2,251 | 2,741 | 2,936 | 2,776 |
| Total liabilities | -2.5% | 3,915 | 4,016 | 4,327 | 5,046 | 5,518 | 5,587 |
| Equity share capital | 0% | 310 | 310 | 310 | 310 | 310 | 310 |
| Total equity | -0.2% | 9,605 | 9,623 | 5,196 | 5,399 | 5,444 | 5,599 |
| Total equity and liabilities | -0.9% | 13,519 | 13,640 | 9,523 | 10,445 | 10,962 | 11,186 |
| 504.9% |
| 33 |
| 6.29 |
| 4.21 |
| 40 |
| - |
| - |
| Net Cashflows From Operating Activities | -80.9% | 60 | 310 | -10.62 | 370 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 0 | 0 | 30 | 31 | - | - |
| Proceeds from sales of PPE | 1251.4% | 501 | 38 | 33 | 18 | - | - |
| Purchase of property, plant and equipment | -63.5% | 47 | 127 | 144 | 147 | - | - |
| Proceeds from sales of long-term assets | - | 374 | 0 | 0 | 0 | - | - |
| Purchase of other long-term assets | - | 0.07 | 0 | 0 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 890 | 0 | 0 | 0 | - | - |
| Dividends received | -106.9% | 0.03 | 15 | 0.03 | 0 | - | - |
| Interest received | 22.2% | 12 | 10 | 6.88 | 4.82 | - | - |
| Other inflows (outflows) of cash | -100.3% | 0 | 310 | 67 | -50.78 | - | - |
| Net Cashflows From Investing Activities | 605.7% | 1,730 | 246 | 429 | -206.46 | - | - |
| Proceeds from borrowings | -100.9% | 0 | 114 | 458 | 1,074 | - | - |
| Repayments of borrowings | 234.7% | 1,457 | 436 | 605 | 1,010 | - | - |
| Dividends paid | -9.9% | 0 | 0.09 | 31 | 31 | - | - |
| Interest paid | 14.8% | 272 | 237 | 226 | 195 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 0 | -6.28 | - | - |
| Net Cashflows from Financing Activities | -209.5% | -1,729 | -557.98 | -404.93 | -168.33 | - | - |
| Net change in cash and cash eq. | 1998.7% | 61 | -2.16 | 14 | -4.94 | - | - |