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India Cements Ltd

(INDIACEM)

₹354.80.55%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

India Cements Ltd Analyst Rating

based on 6 analysts

SELL

0.00%

Buy

16.67%

Hold

83.33%

Sell

Based on 6 analysts offering long term price targets for India Cements Ltd. An average target of ₹212.83

Source: S&P Global Market Intelligence

India Cements Ltd Share analysis

India Cements Ltd price forecast by 6 analysts

Downside of-40.34%

High

₹390

Target

₹212.83

Low

₹115

India Cements Ltd target price ₹212.83, a slight downside of -40.34% compared to current price of ₹354.8. According to 6 analysts rating.

Source: S&P Global Market Intelligence

India Cements Ltd Performance

  • Day's Low

    Day's High

    ₹354
    ₹356.5
  • 52 Week's Low

    52 Week's High

    ₹172.55
    ₹385
1 Month Return-1.29 %
3 Month Return-1.95 %
1 Year Return+ 63.01 %
Previous Close₹356.75
Open₹356.00
Volume4.47L
Upper Circuit-
Lower Circuit-
Market Cap₹11,055.58Cr

India Cements Ltd Key Statistics

P/E Ratio-30.75
PEG Ratio10.18
Market Cap₹11,055.58 Cr
P/B Ratio1.22
EPS-6.96
Dividend Yield0
SectorCement
ROE-4.53

India Cements Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
SELL₹11,055.58 Cr71.53%0.69-₹216 Cr₹5,112 Cr
HOLD₹9,183.30 Cr34.66%0.82₹161 Cr₹7,587 Cr
HOLD₹12,073.66 Cr-7.28%0.63₹147 Cr₹10,732 Cr
BUY₹8,582.38 Cr14.83%0.61₹420 Cr₹9,662 Cr
BUY₹8,819.37 Cr33.25%0.64₹487 Cr₹6,788 Cr

About India Cements Ltd

India Cements Ltd is the largest producer of cement in South India, with a market share of 28% and over 10,000 stockists. Established in 1946, the company operates multiple plants across Tamil Nadu and Andhra Pradesh, producing a range of popular brands, as well as ready-mix concrete (RMC). Over the years, there have been a number of expansions and mergers, with subsidiaries including Industrial Chemicals and Monomers Ltd, ICL Financial Services Ltd, ICL Securities Ltd, ICL International Ltd, Trinetra Cement Ltd, Visaka Cement Industry Ltd and Raasi Cement Ltd. Power generation capacity has been increased through the installation of the Unique Waste Heat Recovery System for generation of power from waste gas, and a gas based captive power plant. Land purchase activities and other preparations have started for setting up a cement plant in the State of Madhya Pradesh. The company has also sold an aircraft and is in the process of buying another one. Additionally, the company has mined and sold a total of 299925 Tonnes of coal during the 2017-19 period, with 103398 Tonnes being sold to them.

Share Price: ₹354.80 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹11,055.58Cr as of today
Revenue: ₹1,031.80Cr as on September 2024 (Q3 24)
Net Profit: ₹-339.15Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: N Srinivasan (F&R)
OrganisationIndia Cements Ltd
HeadquartersChennai
IndustryCement
E-voting on sharesClick here to vote

Key events for India Cements Ltd

  • India Cements Reports Significant Decline in Sales - 18 Nov, 2024

    India Cements reported standalone net sales of Rs 1,016.65 crore for September 2024, down 16.81% year-on-year. The company also faced a net loss of Rs 239.98 crore and negative EBITDA of Rs 154.04 crore. Despite these challenges, shares have shown a 69.15% return over the last six months.

  • India Cements Reports Significant Decline in Sales - 11 Nov, 2024

    India Cements reported a consolidated net sales of Rs 1,031.80 crore for September 2024, down 18.4% year-on-year. The company also faced a net loss of Rs 339.13 crore, significantly worse than the previous year's loss. Despite these challenges, shares closed at Rs 361.15, reflecting a 71.16% return over the last six months.

  • India Cements Reports Significant Q2 Loss - 09 Nov, 2024

    India Cements' standalone net loss for Q2 widened to ₹240 crore from ₹81 crore a year ago, driven by falling cement prices and reduced revenue. Despite improved capacity utilization, the company faced challenges with margins and variable costs.

  • India Cements Reports Significant Q2 Loss Amid Price Decline - 08 Nov, 2024

    India Cements reported a net loss of ₹240 crore for Q2 FY25, significantly higher than last year's loss of ₹81 crore. Revenue declined by 17% due to falling cement prices, impacting margins and leading to a negative EBITDA. The company faces challenges with sluggish demand and increased competition, despite a slight improvement in capacity utilization.

  • India Cements Stake Acquisition Approved by Board - 21 Oct, 2024

    The board of India Cements approved the acquisition of a 32.72% stake for Rs 3,954.25 crore and plans an open offer for an additional 26.75% stake at Rs 390 per share.

Insights on India Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 48.09% to 49.36% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, INDIACEM has outperformed top 5 stocks with highest market-cap in Construction Materials

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, INDIACEM has outperformed top 5 stocks with highest market-cap in Construction Materials

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, INDIACEM stock has moved up by 69.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 28.42% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 1.30K Cr → 1.19K Cr (in ₹), with an average decrease of 4.4% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 58.47 Cr → -339.13 Cr (in ₹), with an average decrease of 680.0% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.63% to 16.16% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 2.03% to 1.46% in Sep 2024 quarter

India Cements Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,264.39Cr (-)₹1,144.46Cr (↓9.49%)₹1,266.65Cr (↑10.68%)₹1,026.76Cr (↓18.94%)₹1,031.80Cr (↑0.49%)
Net Income-₹85.54Cr (-)-₹6.58Cr (↓92.31%)-₹50.06Cr (↑660.79%)₹71.33Cr (↓242.49%)-₹339.15Cr (↓575.47%)
Net Profit Margin-6.77% (-)-0.57% (↓91.58%)-3.95% (↑592.98%)6.95% (↓275.95%)-32.87% (↓572.95%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,911.27Cr (-)₹11,868.70Cr (↑8.77%)₹11,320.27Cr (↓4.62%)₹10,622.17Cr (↓6.17%)
Total Liabilities₹5,293.31Cr (-)₹6,050.62Cr (↑14.31%)₹5,721.40Cr (↓5.44%)₹5,223.16Cr (↓8.71%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹413.92Cr (-)₹1,035.55Cr (↑150.18%)₹417.58Cr (↓59.68%)-₹10.62Cr (↓102.54%)₹309.85Cr (↓3,017.61%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE Commodities

₹7,075.72

-1.55 (-111.08%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

India Cements Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
28.42%
-0.01
Foreign Institutions
16.16%
-8.36
Mutual Funds
1.46%
-28.19
Retail Investors
49.36%
2.63
Others
4.6%
20.60

India Cements Ltd Key Indicators

Details20202021202220232024
Return On Equity %1.144.030.68-6.53-4.53
Details20202021202220232024
Return On Assets %0.441.890.66-1.12-2.14
Details20202021202220232024
Book Value Per Share (₹)176.19174.57176.38171.9165.64
Details20202021202220232024
Earning Per Share (₹)1.736.732.13-5.48-6.96

India Cements Ltd Valuation

India Cements Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-143.31x)

July 26, 2024

Today (-30.75x)

November 19, 2024

Industry (48.15x)

November 19, 2024

Highest (513.00x)

June 30, 2020

LowHigh

India Cements Ltd Earnings and Dividends

  • India Cements Ltd Earnings Results

    India Cements Ltd’s net profit fell -323.54% since last year same period to ₹-339.13Cr in the Q2 2024-2025. On a quarterly growth basis, India Cements Ltd has generated -680.01% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • India Cements Ltd Dividends May,2022

    In the quarter ending March 2022, India Cements Ltd has declared dividend of ₹1 - translating a dividend yield of 0.28%.

    Read More about Dividends

India Cements Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

India Cements Ltd is currently in a Bearish trading position according to technical analysis indicators.

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India Cements Ltd (INDIACEM) share price today is ₹354.8

India Cements Ltd is listed on NSE

India Cements Ltd is listed on BSE

  • Today’s highest price of India Cements Ltd is ₹356.5.
  • Today’s lowest price of India Cements Ltd is ₹354.

PE Ratio of India Cements Ltd is -30.75

PE ratio = India Cements Ltd Market price per share / India Cements Ltd Earnings per share

Today’s traded volume of India Cements Ltd(INDIACEM) is 4.47L.

Today’s market capitalisation of India Cements Ltd(INDIACEM) is ₹11055.58Cr.

India Cements Ltd(INDIACEMPrice
52 Week High
₹385
52 Week Low
₹172.55

India Cements Ltd(INDIACEM) share price is ₹354.8. It is down -7.84% from its 52 Week High price of ₹385

India Cements Ltd(INDIACEM) share price is ₹354.8. It is up 105.62% from its 52 Week Low price of ₹172.55

India Cements Ltd(INDIACEMReturns
1 Day Returns
-1.95%
1 Month Returns
-1.29%
3 Month Returns
-1.95%
1 Year Returns
63.01%