as of —
₹—
Change
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Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹323.1
Change
-7.0 (-2.12%)
Open
₹330.1
Prev. Close
₹330.1
Day High
₹334.6
Day Low
₹319.2
Volume Analysis
Traded
247,095
Delivered
76,897
Delivery %
31.12%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (3)
- •Trading within 3% of its 52-week low (₹319.0)
- •Low return on equity (0.37%)
- •Below-average fundamentals quality score (40/100)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹347.46 | ₹341.03 | ₹332.06 | ₹325.63 | ₹316.66 | ₹310.23 | ₹301.26 |
| Fibonacci | ₹341.03 | ₹335.15 | ₹331.51 | ₹325.63 | ₹319.75 | ₹316.11 | ₹310.23 |
| Camarilla | ₹327.34 | ₹325.92 | ₹324.51 | ₹325.63 | ₹321.69 | ₹320.28 | ₹318.87 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-25.9%
1 Week
-6.35%
1 Month
-12.62%
3 Months
-14.31%
6 Months
-9.55%
1 Year
-16.2%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
DuPont ROE Breakdown
0.89%
Net margin 2.05% × asset turnover 0.33x × equity multiplier 1.32x
Company Overview
Sector
Construction Materials
Market Cap
₹10,013 Cr
P/E (TTM)
74.2
ROE
0.37%
Book Value
₹327.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
The India Cements Limited scores weakly on TopFund's composite fundamentals check within the Construction Materials sector, at 40/100. The strongest factor is Financial Strength (100/100), while Growth (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; trading within 3% of its 52-week low (₹319.0); low return on equity (0.37%). FII holding has been falling.
TopFund Score — Fundamentals Quality
40/100 — WeakData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is trading at 0.99 times its book value
- +Debtor days have improved from 44.5 to 20.2 days.
- −The company has delivered a poor sales growth of -0.11% over past five years.
- −Company has a low return on equity of -4.51% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Newspaper Publication of Postal Ballot Notice dated 09.09.2026
Postal ballot seeks approval for Tribhuwan Adhikari’s director appointment; e-voting runs 12 Sep–11 Oct 2026.
India Cements to acquire 26% of Amplus TN One Energy for Rs 14.06 crore; 41.8 MW solar+BESS captive projects.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,437 | 1,264 | 1,113 | 1,236 | 1,027 | 1,022 | 940 | 1,198 | 1,025 | 1,117 | 1,114 | 1,229 | 1,019 |
| Expenses + | 1,428 | 1,260 | 1,067 | 1,199 | 1,051 | 1,185 | 1,130 | 1,200 | 942 | 1,036 | 1,035 | 1,076 | 864 |
| Operating Profit | 8 | 4 | 46 | 37 | -25 | -163 | -190 | -2 | 83 | 81 | 79 | 153 | 156 |
| OPM % | 0.6% | 0.3% | 4.2% | 3.0% | -2.4% | -16.0% | -20.0% | -0.2% | 8.0% | 7.0% | 7.0% | 12.0% | 15.0% |
| Other Income + | 7 | 8 | 56 | 34 | 256 | -64 | 396 | 110 | -115 | 23 | 15 | 15 | -22 |
| Interest | 58 | 60 | 59 | 64 | 82 | 73 | 73 | 38 | 27 | 25 | 24 | 23 | 26 |
| Depreciation | 54 | 55 | 57 | 57 | 56 | 55 | 55 | 75 | 74 | 74 | 75 | 76 | 72 |
| Profit before tax | -97 | -103 | -14 | -49 | 93 | -355 | 77 | -5 | -132 | 4 | -5 | 69 | 36 |
| Tax % | -24.0% | -17.0% | -53.0% | 2.0% | 23.0% | -5.0% | -51.0% | -486.0% | -1.0% | -101.0% | -41.0% | 13.0% | 25.0% |
| Net Profit + | -87 | -80 | 1 | -61 | 58 | -339 | 119 | 18 | -133 | 9 | -3 | 60 | 27 |
| EPS in Rs | -3 | -3 | 0 | -2 | 2 | -11 | 4 | 0 | -4 | 0 | 0 | 2 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,057 | 4,879 | 5,158 | 5,267 | 5,770 | 5,186 | 4,511 | 4,858 | 5,608 | 4,998 | 4,141 | 4,485 | 4,479 |
| Expenses + | 4,294 | 4,006 | 4,267 | 4,548 | 5,131 | 4,588 | 3,715 | 4,373 | 5,749 | 4,912 | 4,491 | 4,090 | 4,010 |
| Operating Profit | 763 | 873 | 891 | 720 | 639 | 599 | 796 | 486 | -141 | 86 | -350 | 395 | 469 |
| OPM % | 15.0% | 18.0% | 17.0% | 14.0% | 11.0% | 12.0% | 18.0% | 10.0% | -2.5% | 1.7% | -8.0% | 9.0% | 10.0% |
| Other Income + | 22 | 21 | 17 | 14 | 26 | 24 | 32 | 23 | 224 | 99 | 654 | -62 | 31 |
| Interest | 478 | 440 | 380 | 365 | 350 | 343 | 271 | 198 | 242 | 240 | 266 | 99 | 99 |
| Depreciation | 303 | 291 | 276 | 279 | 265 | 256 | 247 | 226 | 219 | 220 | 239 | 299 | 297 |
| Profit before tax | 4 | 164 | 252 | 90 | 50 | 24 | 311 | 85 | -378 | -275 | -202 | -65 | 104 |
| Tax % | 127.0% | 29.0% | 37.0% | 21.0% | 49.0% | -126.0% | 33.0% | 23.0% | -55.0% | -17.0% | -29.0% | 3.0% | — |
| Net Profit + | -1 | 119 | 159 | 69 | 26 | 51 | 209 | 87 | -125 | -227 | -144 | -67 | 92 |
| EPS in Rs | 0 | 4 | 5 | 2 | 1 | 2 | 7 | 3 | -4 | -7 | -5 | -2 | 3 |
| Dividend Payout % | 0.0% | 26.0% | 19.0% | 38.0% | 118.0% | 37.0% | 15.0% | 40.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 3,073 | 4,742 | 4,867 | 4,961 | 4,936 | 5,188 | 5,388 | 5,637 | 5,466 | 5,265 | 9,884 | 9,814 |
| Borrowings + | 3,502 | 3,296 | 3,100 | 3,197 | 3,356 | 3,593 | 3,052 | 3,091 | 2,945 | 2,633 | 1,165 | 1,305 |
| Other Liabilities + | 1,805 | 2,345 | 2,674 | 2,479 | 2,696 | 2,579 | 2,340 | 3,005 | 2,746 | 2,493 | 2,518 | 1,974 |
| Total Liabilities | 8,687 | 10,692 | 10,950 | 10,946 | 11,297 | 11,670 | 11,090 | 12,043 | 11,467 | 10,701 | 13,877 | 13,403 |
| Fixed Assets + | 4,599 | 7,488 | 7,260 | 7,146 | 7,072 | 7,206 | 7,065 | 7,101 | 6,803 | 6,874 | 11,638 | 11,187 |
| CWIP | 98 | 99 | 134 | 176 | 196 | 235 | 300 | 386 | 313 | 190 | 177 | 344 |
| Investments | 440 | 357 | 358 | 358 | 371 | 382 | 381 | 408 | 334 | 319 | 120 | 83 |
| Other Assets + | 3,550 | 2,748 | 3,198 | 3,265 | 3,659 | 3,847 | 3,344 | 4,147 | 4,016 | 3,318 | 1,942 | 1,788 |
| Total Assets | 8,687 | 10,692 | 10,950 | 10,946 | 11,297 | 11,670 | 11,090 | 12,043 | 11,467 | 10,701 | 13,877 | 13,403 |
| Equity Capital | 307 | 308 | 308 | 308 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 645 | 964 | 765 | 556 | 377 | 387 | 1,046 | 439 | -19 | 344 | -256 | -27 |
| Cash from Investing Activity + | -124 | -220 | -158 | -306 | -202 | -282 | -189 | -250 | 435 | 248 | 2,014 | -103 |
| Cash from Financing Activity + | -520 | -757 | -605 | -235 | -180 | -110 | -860 | -183 | -397 | -572 | -1,738 | 40 |
| Net Cash Flow | 1 | -14 | 2 | 16 | -5 | -6 | -3 | 6 | 19 | 19 | 19 | -89 |
| CFO/OP | 90 | 112 | 94 | 84 | 61 | 70 | 138 | 100 | 8 | 422 | 43 | -5 |
| Free Cash Flow | 507 | 796 | 685 | 361 | 161 | 140 | 897 | 288 | 142 | 255 | 31 | -115 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 48.12% | 49.06% | 49.83% | 48.08% | 49.36% | 23.32% | 9.87% | 9.77% | 9.03% | 8.8% | 8.62% | 9.0% |
| Promoters | 28.42% | 28.42% | 28.42% | 28.42% | 28.42% | 55.49% | 81.49% | 81.49% | 75.6% | 75.0% | 75.0% | 75.0% |
| FII | 13.43% | 13.58% | 13.27% | 17.64% | 16.17% | 14.5% | 4.94% | 2.97% | 3.11% | 3.41% | 3.49% | 3.4% |
| DII | 10.04% | 8.94% | 8.47% | 5.84% | 6.05% | 6.68% | 3.69% | 5.76% | 12.25% | 12.8% | 12.9% | 12.6% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Construction Materials — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| The India Cements Limited (this stock) | 10,013 | 74.2 | 0.99 | 0.37% |
| Nuvoco Vistas Corp Ltd | 11,981 | 28.9 | 1.28 | 4.17% |
| Star Cement Limited | 7,542 | 20.0 | 2.37 | 13.2% |
| Birla Corporation Ltd | 6,403 | 11.5 | 0.87 | 7.83% |
| JK Lakshmi Cement Ltd | 6,328 | 16.5 | 1.63 | 10.7% |
| Prism Johnson Limited | 5,855 | 49.9 | 3.82 | -5.41% |
| JSW Cement Limited | 15,751 | 20.0 | 2.4 | 14.7% |
Which Mutual Funds Hold The India Cements Limited?
Frequently Asked Questions about The India Cements Limited
The India Cements Limited (INDIACEM) closed at ₹323.1 on NSE on 25 September 2026, down 7.0 (2.12%) from the previous close.
The India Cements Limited trades on the NSE (National Stock Exchange of India) under the symbol INDIACEM.
The India Cements Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 74.2.
The India Cements Limited has a dividend yield of 0.0%.
The India Cements Limited's 52-week high is ₹490.0 and its 52-week low is ₹319.0.
The India Cements Limited has a market capitalisation of ₹10,013 crore.
The India Cements Limited has a TopFund Quality Score of 40/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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