NSE INDIACEM · BSE 530005 · Construction - Raw Materials · NIFTY 500

India Cements Share Price

Market closed · updated 25 Sep, 4:40 PM IST

₹329.90 ▼ −₹10.55 · 3.10% NSE · as of 24 Sep 2026, 9:55 AM · BSE ₹330.00

Today's range

₹329.30Low₹341.60High

52-week range

₹332.00Low · 16 Sep 2026₹489.65High · 8 Jan 2026

India Cements Overview

Where the price stands, how it has moved and how it sits against its averages.

India Cements shares last traded at ₹329.90 on the NSE, down 3.10% on the day. That is 32.6% below the 52-week high of ₹489.65 and -0.6% above the 52-week low of ₹332.00. The stock trades at 113.12× earnings, above the sector average of 30.81. Its market value is ₹10,224 Cr.

Price returns

1 Day▼ −3.10%

5 Days▲ +1.61%

This month▼ −8.26%

3 Months▼ −10.95%

6 Months▼ −5.52%

This year▼ −21.87%

1 Year▼ −10.91%

Against the market: 1 Month ▼ −5.32% · 3 Months ▼ −8.37% · 6 Months ▼ −4.95% · This year ▼ −11.02% · 1 Year ▼ −2.25%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 0 of 6

300-day average₹399.81 ▼ price 17.5% below
100-day average₹382.17 ▼ price 13.7% below
50-day average₹375.78 ▼ price 12.2% below
20-day average₹354.69 ▼ price 7.0% below
10-day average₹345.27 ▼ price 4.5% below
5-day average₹343.36 ▼ price 3.9% below
Today's price₹329.90

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

India Cements Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore

5,608

4,485

Net profit₹ crore · losses below zero

207

−227

−67

Year by year

Fiscal year	Revenue	Growth	Net profit	Net margin	EPS	Dividend
FY 2026	₹4,485 Cr	▲ +8.1%	−₹67 Cr	−1.5%	−₹2.17	—
FY 2025	₹4,149 Cr	▼ −17.0%	−₹144 Cr	−3.5%	−₹4.01	—
FY 2024	₹4,998 Cr	▼ −10.9%	−₹227 Cr	−4.5%	−₹7.46	—
FY 2023	₹5,608 Cr	▲ +15.4%	−₹127 Cr	−2.3%	−₹4.09	₹0.00
FY 2022	₹4,858 Cr	▲ +7.7%	₹78 Cr	1.6%	₹2.53	₹1.00
FY 2021	₹4,511 Cr	▼ −13.0%	₹207 Cr	4.6%	₹6.67	₹1.00
FY 2020	₹5,186 Cr	—	₹50 Cr	1.0%	₹1.62	₹0.60

Revenue₹ crore

1,229

1,019

Net profit₹ crore · losses below zero

−339

122

Quarter by quarter

Quarter	Revenue	vs prev. qtr	Net profit	Net margin	EPS
Q1 FY27	₹1,019 Cr	▼ −17.0%	₹27 Cr	2.6%	₹0.87
Q4 FY26	₹1,229 Cr	▲ +10.3%	₹70 Cr	5.7%	₹2.27
Q3 FY26	₹1,114 Cr	▼ −0.2%	−₹3 Cr	−0.2%	−₹0.09
Q2 FY26	₹1,117 Cr	▲ +9.0%	₹9 Cr	0.8%	₹0.28
Q1 FY26	₹1,025 Cr	▼ −14.4%	−₹133 Cr	−13.0%	−₹4.21
Q4 FY25	₹1,197 Cr	▲ +27.3%	₹15 Cr	1.2%	₹0.65
Q3 FY25	₹941 Cr	▼ −7.9%	₹122 Cr	13.0%	₹4.49
Q2 FY25	₹1,022 Cr	—	−₹339 Cr	−33.2%	−₹10.94

Balance sheet — FY26

Owes (liabilities)Shareholders' equity

24%

76%

Total assets₹13,403 Cr
Total liabilities₹3,279 Cr
Shareholders' equity₹10,124 Cr
Total debt₹1,305 Cr
Cash & investments₹43 Cr
Current ratio0.92×
Revenue growth, 5 yr−0.11% a year
Operating margin (TTM)2.95%
Net margin (TTM)2.31%

Cash flow — FY26

Operating activities

▼ −₹27 Cr

Investing activities

▼ −₹103 Cr

Financing activities

▲ ₹40 Cr

Free cash flow

▼ −₹249 Cr

Net change in cash

▼ −₹89 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Total revenue	5,186.44	4,510.55	4,858.35	5,608.14	4,997.85	4,148.78	4,484.69
Cost of revenue	2,405.93	1,915.89	2,429.90	3,597.50	2,865.25	2,635.83	2,767.59
Gross profit	2,780.51	2,594.66	2,428.45	2,010.64	2,132.60	1,512.94	1,717.10
Operating expenses	4,857.30	3,960.94	4,598.09	6,082.11	5,134.03	4,244.19	4,536.50
Operating income	329.14	549.61	260.26	−473.98	−136.17	−95.41	−51.80
Depreciation	255.90	246.60	225.53	219.27	219.79	239.44	299.12
Profit before tax	23.61	310.66	85.46	−377.77	−267.41	−171.34	−63.47
Tax	−29.85	102.21	19.48	−207.95	−47.82	−58.50	2.24
Net profit	50.16	206.76	78.46	−126.89	−227.34	−143.68	−67.25
EPS (₹)	1.62	6.67	2.53	−4.09	−7.46	−4.01	−2.17
Dividend per share (₹)	0.60	1.00	1.00	0.00	—	—	—

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Total assets	11,669.62	11,089.95	12,042.97	11,467.22	10,700.63	13,877.04	13,403.05
Current assets	2,382.36	1,838.37	2,541.54	3,426.86	2,786.89	1,617.66	1,456.53
Cash & short-term investments	43.70	100.94	103.37	54.38	70.07	104.81	43.48
Inventory	902.33	663.74	917.22	835.60	675.19	607.81	878.18
Property, plant & equipment	7,232.98	7,111.05	7,226.77	6,984.88	6,936.18	11,753.56	11,525.86
Total liabilities	6,171.59	5,383.28	6,095.93	5,690.92	5,125.92	3,682.91	3,278.78
Current liabilities	2,877.85	2,492.69	2,730.75	2,826.55	2,796.76	1,851.66	1,575.69
Total debt	3,601.55	3,043.13	3,090.57	2,945.29	2,618.25	1,165.16	1,304.80
Total equity	5,498.03	5,706.67	5,947.04	5,776.30	5,574.72	10,194.13	10,124.27

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
From operations	386.65	1,046.35	438.99	−19.46	343.91	−256.22	−26.73
From investing	−281.89	−189.44	−250.14	434.85	247.91	2,014.60	−102.93
From financing	−110.32	−859.93	−182.70	−396.82	−572.47	−1,738.47	40.32
Capital expenditure	−250.31	−165.35	−168.46	−57.68	−127.33	−62.43	−222.67
Dividends paid	−28.39	−17.50	−28.92	−28.95	−0.09	—	—
Net change in cash	−5.56	−3.02	6.16	18.57	19.35	19.91	−89.35

What Analysts Say

4 analysts

Recommendations from 4 analysts who cover India Cements.

Sell average rating 3.75 on a 1–5 scale

Strong buyBuyHoldSellStrong sell

▲ 1 bullish (25.0%) · 1 hold (25.0%) · ▼ 2 bearish (50.0%)

Votes

Strong Buy

0 (0%)

Buy

1 (25%)

Hold

1 (25%)

Sell

0 (0%)

Strong Sell

2 (50%)

How the votes changed

Rating	3M ago	2M ago	1M ago	1W ago	Now	3-month change
Strong Buy	0	0	0	0	0	—
Buy	1	1	1	1	1	—
Hold	2	2	2	1	1	▼ −1
Sell	0	0	0	0	0	—
Strong Sell	2	2	2	2	2	—

Analyst ratings are opinions, not a guarantee of returns.

Shareholding Pattern

Who owns India Cements shares, quarter by quarter (latest on top).

PromoterFIIMFOther

Jun '26

75.0%

9.4%

12.2%

Mar '26

Dec '25

Sep '25

Holder	Sep '25	Dec '25	Mar '26	Jun '26	Change
Promoter	75.60%	75.00%	75.00%	75.00%	0.00 pts
FII	3.10%	3.40%	3.48%	3.39%	▼ −0.09 pts
MF	8.79%	9.53%	9.74%	9.40%	▼ −0.34 pts
Other	12.51%	12.07%	11.78%	12.21%	▲ +0.43 pts

India Cements Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

India CementsBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share

113.12

▲ 267% above the sector average of 30.81

P/E, 12-month rangeLow 31.95 · high 318.20

28%

Today's P/E sits 28% of the way from its low to its high

P/BPrice ÷ book value per share

1.04

P/SPrice ÷ sales per share

2.35

P/CFPrice ÷ cash flow per share

26.32

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods

38.80%

▼ below its 5-yr average of 40.67%

Operating marginKept after running costs

2.95%

▲ above its 5-yr average of −2.06%

Pre-tax marginKept before tax

2.58%

▲ above its 5-yr average of −3.30%

Net marginKept as profit

2.31%

▲ above its 5-yr average of −2.08%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money

−0.66%

▲ above its 5-yr average of −1.33%

Return on assetsProfit on everything it owns

−0.48%

▲ above its 5-yr average of −0.83%

Return on investmentProfit on long-term capital

−0.55%

▲ above its 5-yr average of −1.05%

Growth Is the business getting bigger?

Revenue — last 12 months

+7.0%

▲ growing

Revenue — 3 yr, a year

−7.2%

▼ shrinking

Revenue — 5 yr, a year

−0.1%

▼ shrinking

EPS — last 12 months

+133.3%

▲ growing (off the scale)

Book value — 5 yr, a year

+12.2%

▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money

0.13×

✓ Low debt

Current ratioShort-term assets for every ₹1 due within a year

0.92×

! Tight

Quick ratioLike the current ratio, without inventory

0.37×

! Tight

Interest coverOperating profit ÷ interest to pay

2.40×

• Adequate

Payout ratioShare of profit paid as dividend

0.00%

• Keeps most

Per share What each share stands for

EPS (TTM)

₹3.33

Book value

₹326.69

Cash flow

₹13.02

Dividend

₹0.00

Revenue

₹145.69

The share price is 1.01× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 99 metrics from the data provider

Valuation

Current Dividend Yield - Common Stock Primary Issue, LTM0.00

Price to Book - most recent fiscal year1.04

P/E Basic excluding extraordinary items - TTM113.12

P/E including extraordinary items - TTM102.02

P/E excluding extraordinary items low, trailing 12 months31.95

Price to Tangible Book - most fiscal year1.04

Price to sales - most recent fiscal year2.35

Price to Cash Flow per share - trailing 12 month26.32

P/E Normalized, most recent fiscal year4,105.89

P/E excluding extraordinary items high, trailing 12 months318.20

P/E excluding extraordinary items, most recent fiscal year quarter102.02

Price to sales - trailing 12 month2.35

Net Debt, LFY12,613.21

Per share

Cash Flow per share - trailing 12 month13.02

Cash Flow per share - most recent fiscal year7.53

EPS including extraordinary items - trailing 12 month3.33

EPS including extraordinary items - most recent fiscal year−2.17

EBITD per share - trailing 12 month15.61

Revenue/share - trailing 12 month145.69

EPS excluding extraordinary items - trailing 12 month3.33

EPS Basic excluding extraordinary items - most recent fiscal year−2.17

EPS Basic excluding extraordinary items - trailing 12 month3.33

Book value per share - most recent fiscal year326.70

Revenue/share - most recent fiscal year144.72

EPS Normalized - most recent fiscal year0.08

Book value (tangible) per share - most recent fiscal year326.52

Dividends per share - trailing 12 month0.00

EPS excluding extraordinary items - most recent fiscal year−2.17

Cash per share - most recent fiscal year1.40

Margins

Operating margin - trailing 12 month2.95

Gross Margin - 5 year average40.67

Operating margin - 1st historical fiscal year−1.16

Operating Margin - 5 year average−2.06

Net Profit Margin % - 1st historical fiscal year−1.47

Gross Margin - 1st historical fiscal year38.29

Net Profit Margin % - trailing 12 month2.31

Net Profit Margin - 5 year average−2.08

Pretax Margin - 5 year average−3.30

Pretax margin - 1st historical fiscal year−1.42

Pretax margin - trailing 12 month2.58

Free Operating Cash Flow/Revenue, 5 Year Average−0.90

Gross Margin - trailing 12 month38.80

Growth

EPS Change %, TTM over TTM133.29

Revenue growth rate, 5 year−0.11

Revenue Change % - most recent quarter 1 year ago−0.52

Revenue/share (5 yr growth)−0.11

Tangible Book Value, Total Equity, 5 Year CAGR13.16

Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR−9.63

Capital Spending growth rate, 5 year6.13

Revenue Change %, TTM over TTM7.04

Growth rate% - Revenue, 3 year−7.18

Book value per share growth rate, 5 year12.15

EPS Change % - most recent quarter 1 year ago120.67

Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR−13.01

Total Debt, 5 Year CAGR−15.58

Financial strength

Net Interest coverage - most recent fiscal year2.40

Free Cash Flow - most recent fiscal year−2,494.07

LT debt/equity - most recent fiscal year0.10

Quick ratio - most recent fiscal year0.37

Payout ratio - trailing 12 month0.00

Current ratio - most recent fiscal year0.92

Current EV/Free Cash Flow, LFY1,098.58

Total debt/total equity - most recent fiscal year0.13

Net Interest coverage - trailing 12 month1.85

Returns & efficiency

Return on average equity - 5 year average−1.33

Net Income/employee - trailing 12 month7,28,373.30

Revenue/employee - most recent fiscal year2,85,74,020.00

Return on investment - most recent fiscal year−0.55

Return on average assets - most recent fiscal year−0.48

Receivables turnover - most recent fiscal year9.22

Inventory turnover - most recent fiscal year3.72

Revenue/employee - trailing 12 month3,15,44,880.00

Return on average assets - 5 year average−0.83

Net Income/employee - most recent fiscal year−4,18,683.70

Asset turnover - most recent fiscal year0.33

Return on average equity - most recent fiscal year−0.66

Return on investment - 5 year average−1.05

Price & volume

Market Cap10,381.64

52 week Low Date16 Sep 2026

Price - 1 Day % Change−0.18

Relative (S&P500) price percent change - 13 week−8.37

Avg trading volume last 10 days0.23

Price - 13 week price percent change−10.95

Price - 52 week price percent change−10.91

Avg Trading Volume Last 3 months5.52

Price - 5 Day % Change1.61

Price % Change Month To Date−8.26

Relative (S&P500) price percent change - 04 week−5.32

52 week High Date8 Jan 2026

Price - 26 week price percent change−5.52

PDATE23 Sep 2026

Price - YTD price percent change−21.87

Relative (S&P500) price percent change - 52 week−2.25

NPRICE340.05

Relative (S&P500) price percent change - 26 week−4.95

52 week Low331.65

52 week High485.80

Beta1.66

Relative (S&P500) price percent change - Year to Date−11.02

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year

₹1.00

₹0.00

Dividend yield0.00%
Payout ratio0.00%
Latest dividend₹1.00 per share · 31 Aug 2021

Corporate calendar

17 Oct 2026Upcoming · BoardQuarterly Results
13 Oct 2026Upcoming · MeetingPostal Ballot
10 Aug 2026MeetingAnnual General Meeting
18 Jul 2026BoardQuarterly Results
8 May 2026MeetingPostal Ballot
25 Apr 2026BoardAudited Results
23 Jan 2026BoardQuarterly Results
17 Oct 2025BoardQuarterly Results
27 Sep 2025MeetingCOM
13 Aug 2025MeetingAnnual General Meeting

Show 5 older events

19 Jul 2025BoardQuarterly Results
28 Jun 2025MeetingPostal Ballot
26 Apr 2025BoardAudited Results
21 Jan 2025BoardQuarterly Results
31 Aug 2021Dividend₹1.00 per share · 10% · Final dividend

In the News

Recent headlines about India Cements — they open on Mint in a new tab.

Top stocks to watch today: Reason why these shares are in focus for Thursday's trading session | Full list
Indian investors will focus on RBL Bank, Power Grid, Paisalo Digital, NHPC, ICICI Bank, India Cements, and Meesho after recent announcements.
3 Sep 2026 · 2 min read · Mint ↗
Sebi weighs refining F&O warnings on brokerage apps as retail losses remain high
The discussions follow a Sebi study on individual traders’ losses in the F&O segment in 2025-26, which showed that while total losses moderated year-on-year, the average loss per trader rose.
1 Sep 2026 · 3 min read · Mint ↗
Top Gainers & Losers on 20 July: Axis Bank, HDFC Bank, Ceat, India Cements, OLA, HFCL among top losers
The Indian stock market faced pressure on 20 July as geopolitical tensions in the Middle East weighed on investor sentiment. Rising crude prices stoked fears of tighter monetary policies, while mixed sector performances were seen. Despite losses, heavyweight stocks helped Nifty 50 end down 0.40%.
20 Jul 2026 · 3 min read · Mint ↗
Q1 results 2026: HDFC Bank to ICICI Bank, Axis Bank among over 20 companies to declare Q1 earnings today; full list here
On July 18, over 20 companies, primarily banks, will announce their Q1 FY27 earnings, providing crucial insights into India's banking sector. Key indicators include profit growth and asset quality, with strong focus on management commentary amid rising geopolitical tensions.
18 Jul 2026 · 4 min read · Mint ↗
Stock market today: Gift Nifty hints gap-up start; US-Iran peace deal to global markets rally - 7 stocks to buy
Indian markets may open positively on June 12, 2026, following a strong rally in global equities amid optimism for a US-Iran peace deal. Oil prices dropped as tensions eased, while Asian markets showed resilience, marking a rebound in investor confidence.
12 Jun 2026 · 6 min read · Mint ↗
UltraTech Cement capacity tops 200 mtpa, now the largest outside China
About 90 mt capacity came via acquisitions, starting with L&T Cement and expanding through Jaypee, Binani, Century, Kesoram and India Cements
17 Apr 2026 · 1 min read · Mint ↗
Stock market today: Trade guide for Nifty 50 to gold, silver rates — eight stocks to buy or sell on 9 January 2026
Stock market today: Experts have recommended eight stocks to buy today — AIA Engineering, India Cements, Dr. Reddy's Lab, Infosys, Kfin Technologies, Netweb Technologies India, Fertilizers and Chemicals Travancore, and Zensar Technologies.
9 Jan 2026 · 7 min read · Mint ↗
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 30 December 2025
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - NLC India, India Cements, CUB, Honasa Consumer, NTPC Green Energy.
30 Dec 2025 · 4 min read · Mint ↗

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

India Cements (NSE: INDIACEM) last traded at ₹329.90 on the NSE, down 3.10% (₹10.55) on the day, as of 24 Sep 2026, 9:55 AM. On the BSE it was ₹330.00. The day's range was ₹329.30 – ₹341.60.

India Cements's 52-week high is ₹489.65 (8 Jan 2026) and its 52-week low is ₹332.00 (16 Sep 2026). At ₹329.90 the share is 32.6% below its high and -0.6% above its low.

India Cements's market capitalisation is ₹10,224 Cr (₹10,224 Cr). It is part of the NIFTY 500 index.

India Cements's P/E ratio (trailing 12 months) is 113.12. The sector average is 30.81, so investors pay 267% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹3.33.

India Cements shares are down 10.91% over the last year, down 21.87% so far this year, down 5.52% over 6 months, down 10.95% over 3 months. Over the last year the stock did 2.25% worse than the market.

In FY26 (year to Mar 2026), India Cements reported revenue of ₹4,485 Cr (up 8.10% on the year before) and a net loss of ₹67 Cr. Earnings per share were −₹2.17.

Yes. India Cements's latest dividend is ₹1.00 per share (10%, final dividend), with an ex-date of 31 Aug 2021. The dividend yield is 0.00%. It has paid 2 dividends in the records shown on this page.

Of 4 analysts covering India Cements, 1 are bullish (0 strong buy, 1 buy), 1 say hold and 2 are bearish. The consensus is Sell (average rating 3.75 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 75.00%, FII 3.39%, MF 9.40%, Other 12.21%.

No. India Cements has debt — its debt-to-equity ratio is 0.13 and total debt was ₹1,305 Cr in FY26. Its operating profit covers interest 2.40 times.

Price returns

Moving averages — price is above 0 of 6

Year by year

Quarter by quarter

Balance sheet — FY26

Cash flow — FY26

Votes

How the votes changed

Valuation Is the price reasonable?

Profitability Of every ₹100 of sales, how much is kept?

Returns & efficiency How well does it use its money?

Growth Is the business getting bigger?

Financial strength Can it pay its bills and debts?

Per share What each share stands for

Valuation

Per share

Margins

Growth

Financial strength

Returns & efficiency

Price & volume

Corporate calendar

Frequently Asked Questions

What is India Cements share price today?

What is the 52-week high and low of India Cements shares?

What is the market capitalisation of India Cements?

What is the P/E ratio of India Cements?

How has India Cements stock performed?

What were India Cements's latest annual results?

Does India Cements pay a dividend?

What do analysts recommend for India Cements shares?

What is the shareholding pattern of India Cements?

Is India Cements a debt-free company?