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The India Cements Ltd.

313.00+12.70 (+4.23%)

BSE · 30 Oct, 4:01 PM

: ₹9,682.74 Cr
: 79.04
: 1,05,089
: ₹315.35 - ₹298.60
: ₹489.65 - ₹287.60

The India Cements Ltd. (INDIACEM) share price closed at ₹313.00 on the BSE on Friday, October 30, 2026, up by 4.23% from its of ₹300.30. In that session INDIACEM reached a of 315.35 and of 298.60. The for the session was 309.16. The stands at 331.16 and is at 384.12. Looking at , the stock ended the session in Uptrend.

Stock Overview

₹300.55

₹300.30

₹309.16

₹331.16

Price 5.48% below

₹384.12

Price 18.52% below

Key Fundamentals

: 9,682.74 Cr₹9.68 Thousand Crore
: 3.95
: 79.04
: 0.95
: 328.79
: 588.86 Cr₹588.86 Crore
: 0.00 %
Sector
Industry: Cement & Construction Materials
: -0.66
: 0.13

Industry Comparison

Ratio	Company	Sector
	79.04	26.65
	0.13	0.37
	0.95	2.06
	0.92	1.31
	0.00 %	0.18 %
Operating Margin	7.98 %	10.93 %

Sector figures are the median of 70 listed Construction Materials companies.

Peer Comparison

Name
ULTRATECH CM ULTRACEMCO	11,050.10	37.00	3,25,623.43	2.17	1,501.38	21.28%	23,295.07	18.81%	13.25
AMBUJA CEME AMBUJACEM	348.50	30.88	86,595.88	0.57	236.00	-89.90%	9,197.00	0.24%	6.24
SHREE CEMENT SHREECEM	23,069.05	52.57	83,234.86	0.65	263.46	-14.96%	5,896.51	23.85%	10.61
JK CEMENT JKCEMENT	4,808.50	38.48	37,154.44	0.42	169.30	6.31%	3,733.42	23.66%	14.89
DALBHARAT DALBHARAT	1,333.40	50.71	25,010.04	0.68	-205.00	-185.77%	3,563.00	4.27%	8.15
ACC LTD ACC	1,130.30	24.05	21,225.59	0.66	93.00	-91.69%	5,689.00	-5.26%	11.60
RAMCOCEM RAMCOCEM	724.00	26.30	17,107.57	0.35	31.24	-63.06%	2,273.05	9.60%	10.75
The India Cements Ltd. INDIACEM	313.00	79.04	9,682.74	0.00	38.82	340.64%	1,142.03	2.24%	0.30

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	1,026.76	1,021.84	939.84	1,197.57	1,024.74	1,117.04	1,114.26	1,228.65	1,019.42	1,142.03
Expenses	1,051.43	1,184.57	1,129.93	1,199.66	941.55	1,035.90	1,035.20	1,075.55	863.70	997.72
	-24.67	-162.73	-190.09	-2.09	83.19	81.14	79.06	153.10	155.72	144.31
	-2.40%	-15.93%	-20.23%	-0.17%	8.12%	7.26%	7.10%	12.46%	15.28%	12.64%
	256.19	-64.29	412.52	115.51	-114.66	22.99	15.23	14.91	-21.83	3.67
Interest	82.36	73.33	73.38	38.06	26.58	25.27	24.10	23.38	26.15	24.06
	56.45	55.12	55.25	74.85	74.06	74.47	74.73	75.86	71.94	71.64
	79.77	-355.04	95.91	-0.61	-133.65	4.39	-4.54	68.77	35.80	52.28
	26.80%	4.60%	-41.15%	3,947.54%	0.55%	-100.68%	41.19%	13.48%	25.00%	25.75%
	58.47	-339.13	122.30	14.67	-132.91	8.81	-2.67	59.50	26.85	38.82
	1.89	-10.94	3.95	0.47	-4.29	0.28	-0.09	1.92	0.87	1.25

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	4,858.35	5,608.14	5,631.68	4,759.58	4,967.75
	4,858.35	5,608.14	4,997.85	4,140.53	4,484.69
EXPENDITURE :
Increase/Decrease in Stock	-28.26	-49.84	41.58	24.15	-8.73
Raw Material Consumed	865.19	1,160.13	954.57	882.37	1,003.75
Power & Fuel Cost	1,547.27	2,422.18	1,808.87	1,640.52	1,626.66
Employee Cost	334.03	361.83	372.30	303.72	242.85
Other Manufacturing Expenses	119.90	168.53	340.47	434.19	461.53
General and Administration Expenses	352.38	378.51	159.19	145.13	117.47
Selling and Distribution Expenses	1,173.66	1,289.48	1,185.83	994.83	625.94
Miscellaneous Expenses	9.93	20.40	42.95	89.65	18.72
	4,374.09	5,751.23	4,905.77	4,514.57	4,088.18
Operating Profit (Excl OI)	484.26	-143.10	92.09	-374.04	396.51
	24.39	40.11	58.22	200.35	87.66
	508.64	-102.99	150.31	-173.69	484.17
Interest	197.66	241.68	240.03	266.00	99.33
PBDT	310.99	-344.67	-89.72	-439.69	384.85
	225.53	219.27	219.79	239.44	299.12
Profit Before Taxation & Exceptional Items	85.46	-563.94	-309.51	-679.13	85.72
Exceptional Income / Expenses		186.17	42.09	507.80	-149.19
	85.46	-377.77	-278.35	-182.86	-65.01
Provision for Tax	19.48	-207.95	-47.82	-58.50	2.24
	65.98	-169.82	-230.53	-124.36	-67.25
Extra items				-19.32	0.00
Minority Interest	-8.73	-1.88	-0.64	0.00
Share of Associate	21.21	44.81
Consolidated Net Profit	78.46	-126.89	-227.34	-143.68	-67.25
Profit Balance B/F	838.38	887.84	743.03	552.39	476.89
Appropriations	916.84	760.95	515.69	408.71	409.64
Equity Dividend %	10.00%
	2.53	-4.09	-7.34	-4.64	-2.17
Adjusted EPS	2.53	-4.09	-7.34	-4.64	-2.17

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	309.90	309.90	309.90	309.90	309.90
Total Reserves	5,637.14	5,466.40	5,264.82	9,884.23	9,814.37
Reserve excluding Revaluation Reserve	5,193.97	5,027.56	4,833.56	9,884.23	9,814.37
Revaluation reserve	443.17	438.84	431.26
	5,947.04	5,776.30	5,574.72	10,194.13	10,124.27
Minority Interest	76.35	50.45	24.58	2.07
Secured Loans	1,858.24	1,750.41	1,375.96	1,032.87	963.17
Unsecured Loans	80.39	50.83	53.81	33.49	10.66
Deferred Tax Assets / Liabilities	530.80	283.85	231.15	593.21	593.65
Other Long Term Liabilities	633.89	555.35	488.91	34.77	2.45
Long Term Provisions	185.51	173.48	154.75	134.85	133.15
Total Non-Current Liabilities	3,288.83	2,813.92	2,304.58	1,829.18	1,703.08
Trade Payables	1,296.48	1,332.39	1,244.56	981.96	865.76
Other Current Liabilities	787.78	910.00	934.34	832.40	549.45
Short Term Borrowings	600.42	515.37	535.43	31.62	141.93
Short Term Provisions	46.07	68.79	82.44	5.67	18.55
Total Current Liabilities	2,730.75	2,826.55	2,796.76	1,851.66	1,575.69
Total Liabilities	12,042.97	11,467.22	10,700.63	13,877.04	13,403.05
Gross Block	8,884.25	8,796.01	9,021.03	13,829.18	13,665.68
Less: Accumulated Depreciation	1,782.77	1,992.95	2,147.40	2,190.68	2,478.56
	7,101.48	6,803.05	6,873.63	11,638.50	11,187.12
	385.98	313.37	190.10	176.58	344.24
Non Current Investments	404.37	330.50	317.58	119.37	81.36
Long Term Investment	404.37	330.50	317.58	119.37	81.36
Long Term Loans & Advances	1,589.25	573.69	512.90	196.40	195.17
Other Non Current Assets	20.35	19.75	19.54	10.23	10.70
Total Non-Current Assets	9,501.43	8,040.36	7,913.74	12,141.09	11,818.60
Currents Investments	3.96	3.97	1.03	1.07	1.95
Inventories	844.42	784.66	630.51	556.20	734.22
Sundry Debtors	931.13	824.53	699.41	706.04	248.48
Cash and Bank	46.30	64.87	84.22	122.88	60.60
Other Current Assets	79.91	91.65	67.72	46.55	65.70
Short Term Loans and Advances	593.31	1,589.97	1,256.65	184.92	345.58
Total Current Assets	2,499.02	3,359.65	2,739.54	1,617.66	1,456.53
Net Current Assets (Including Current Investments)	-231.73	533.11	-57.22	-234.00	-119.16
Total Assets	12,042.97	11,467.22	10,700.63	13,877.04	13,403.05
	946.01	539.85	783.01	927.45	1,031.02
Total Debt	3,085.58	2,939.53	2,626.42	1,159.11	1,300.77
	177.60	172.23	165.97	328.95	326.70
Adjusted Book Value	177.60	172.23	165.97	328.95	326.70

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	85.46	-563.94	-260.11	-190.65	-63.47
Adjustment	408.23	254.76	470.94	-194.28	505.04
Changes In working Capital	-9.28	111.22	151.81	234.13	-460.07
Cash Flow after changes in Working Capital	484.41	-197.96	362.65	-150.80	-18.50
Cash Flow from Operating Activities	438.99	-19.46	343.91	-256.22	-26.73
Cash Flow from Investing Activities	-250.14	434.85	247.91	2,013.58	-102.93
Cash Flow from Financing Activitie	-182.70	-396.82	-572.47	-1,738.47	40.32
Net Cash Inflow / Outflow	6.16	18.57	19.35	18.89	-89.35
Opening Cash & Cash Equivalents	40.14	46.30	64.87	84.22	103.10
Closing Cash & Cash Equivalent	46.30	64.87	84.22	103.10	13.76

Ratios

Valuation

79.04

0.95

19.10

2.15

3.95

328.79

Profitability

-0.66

0.30

-0.49

7.98

-1.35

Leverage & Liquidity

0.13

0.92

0.35

Returns

0.00

0.36

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	28.42	28.42	55.49	81.49	81.49	75.60	75.00	75.00	75.00	75.00
	23.48	22.22	21.18	8.64	8.73	15.36	16.21	16.38	16.00	15.85
	48.10	49.36	23.33	9.87	9.78	9.03	8.80	8.62	9.00	9.15
	71.58	71.58	44.51	18.51	18.51	24.40	25.00	25.00	25.00	25.00
No. of Shareholders	2,11,262	2,06,285	1,87,327	1,75,917	1,69,844	1,63,090	1,63,480	1,56,567	1,57,402	1,55,972

Mutual Funds Invested(66)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 23 active funds hold 9.02% in The India Cements Ltd., contributing to ₹844 Cr of holdings

Fund				As of
KO Kotak Large & Mid Cap Fund - Growth - Direct PlanLarge & Mid Cap	247.52	0.81	82,00,000	Sep '26
KO Kotak Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	149.87	0.49	49,65,090	Sep '26
FT Franklin India Small Cap Fund - Growth - Direct PlanSmall cap Fund	129.69	0.91	42,96,380	Sep '26
SB SBI Midcap Fund - Growth - Direct PlanMid Cap Fund	65.62	0.28	21,73,922	Sep '26
SB SBI Infrastructure Fund - Growth - Direct PlanInfrastructure	37.73	0.80	12,50,000	Sep '26
KO Kotak Manufacture in India Fund - Growth - Direct PlanEquity - Thematic Fund - Other	36.22	1.16	12,00,000	Sep '26
KO Kotak Large Cap Fund - Growth - Direct PlanLarge Cap Fund	30.21	0.29	10,00,804	Sep '26
BB Baroda BNP Paribas Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	28.98	0.88	9,60,000	Sep '26
IP ICICI Prudential Aggressive Hybrid Fund - Growth - Direct PlanHybrid - Aggressive Hybrid Fund	26.22	0.05	8,68,531	Sep '26
BB Baroda BNP Paribas Small Cap Fund - Growth - Direct PlanSmall cap Fund	11.67	0.91	3,86,532	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-09-01	Board Meeting	Quarterly Results
2026-07-09	AGM
2026-06-01	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Construction MaterialsCement & Construction Materials

The India Cements Ltd. operates in the Construction Materials sector under the Cement & Construction Materials industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

12 members across the board and senior leadership

Kailash Chandra Jhanwar

Non Executive Director

—

K C Jhanwar

Non Independent & Non Executive Director

—

Vivek Agrawal

Non Executive Director

—

ER Raj Narayanan

Non Executive Director

—

Alka Bharucha

Non Executive Independent Director

₹3.20 L

Mar '26

Sukanya Kripalu

Non Executive Independent Director

₹3.85 L

Mar '26

Vikas Balia

Non Executive Independent Director

₹4.35 L

Mar '26

K Skandan

Non Executive Independent Director

₹2.00 L

Mar '26

Tribhuwan Adhikari

Nominee Director - LIC

—

E Jayashree

Company Secretary & Compliance Officer

—

Y Viswanatha Gowd

Nominee Director - LIC

₹6.00 L

Mar '25

S Sridharan

Company Secretary & Compliance Officer

—

INDIACEM Latest News

News

10 of 10 articles

EQUITY28 Oct 2026 · 17:10

India Cements informs about notice of postal ballot

COMPANY19 Oct 2026 · 10:59

India Cements reports over 4-fold jump in Q2 consolidated net profit

Consolidated total income of the company declined marginally by 0.03% to Rs 1,145.70 crore in Q2FY27

COMPANY17 Oct 2026 · 17:26

India Cements - Quaterly Results

EQUITY16 Oct 2026 · 14:40

India Cements surges on inking pact to acquire 3.62% stake in Zenataris Renewable Energy

The said acquisition is expected to be completed within 120 days

COMPANY16 Oct 2026 · 14:30

India Cements inks pact to acquire 3.62% stake in Zenataris Renewable Energy

The said acquisition is expected to be completed within 120 days

EQUITY6 Oct 2026 · 16:12

India Cements informs about compliance certificate

EQUITY3 Sept 2026 · 10:50

India Cements rises on inking pacts to acquire 26% stake in Amplus TN One Energy

The cost of acquisition is Rs 14.06 crore

COMPANY3 Sept 2026 · 10:39

India Cements inks pacts to acquire 26% stake in Amplus TN One Energy

The cost of acquisition is Rs 14.06 crore

EQUITY29 Jun 2026 · 17:31

The India Cements informs about newspaper advertisement

EQUITY11 Jun 2026 · 09:56

India Cements rises on inking pact to acquire 12.48% stake in FPEL Services

The acquisition, valued at Rs 10.78 crore, is expected to be completed within 180 days

The India Cements Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(66)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

INDIACEM Latest News

News