Share Price and Basic Stock Data
Last Updated: November 20, 2025, 7:17 pm
| PEG Ratio | -2.57 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Heidelberg Cement India Ltd operates in the cement industry and as of the latest available data, its stock price stood at ₹185 with a market capitalization of ₹4,182 Cr. The company reported a revenue from operations of ₹2,238 Cr for the year ending March 2023, a slight decline from ₹2,297 Cr in March 2022. The trailing twelve months (TTM) revenue was recorded at ₹2,264 Cr, indicating a marginal recovery. Quarterly sales figures show fluctuations, with the highest sales of ₹607 Cr reported in December 2023 and the lowest at ₹506 Cr in September 2022. Overall, sales trends exhibit seasonal variations, reflecting the cyclical nature of the cement market. The company’s operating profit margin (OPM) for the latest quarter was 15%, while the net profit for the same period was ₹129 Cr, showcasing the company’s ability to generate profit amid challenging market conditions.
Profitability and Efficiency Metrics
Heidelberg Cement India reported a return on equity (ROE) of 7.48% and a return on capital employed (ROCE) of 11.4%, indicating moderate efficiency in utilizing shareholder equity and overall capital. The net profit margin for the year ending March 2025 stood at 4.96%, down from 7.09% in the previous year, reflecting pressures on profitability. The company’s operating profit for March 2025 was ₹240 Cr, with an operating profit margin of 11%, which is relatively low compared to historical performance. The interest coverage ratio (ICR) at 9.73x signifies strong capacity to cover interest expenses, which is a positive indicator of financial health. However, the cash conversion cycle (CCC) of -94 days suggests efficient working capital management, allowing the company to convert its investments into cash quickly.
Balance Sheet Strength and Financial Ratios
The financial stability of Heidelberg Cement is underscored by its low borrowings, which stood at ₹77 Cr as of March 2025, a significant reduction from ₹182 Cr in March 2023. With total liabilities at ₹2,542 Cr and reserves of ₹1,083 Cr, the company maintains a healthy equity base. The debt-to-equity ratio is notably low at 0.04, highlighting minimal reliance on debt financing. The price-to-book value (P/BV) ratio is recorded at 3.22x, suggesting that the stock is trading at a premium compared to its book value. The current ratio of 1.09 indicates adequate short-term liquidity, while the quick ratio of 0.90 suggests potential concerns regarding immediate liquidity, as it is below the ideal threshold of 1. The company’s asset turnover ratio of 0.82 indicates effective utilization of assets to generate revenue.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Heidelberg Cement reveals a strong promoter holding of 69.39%, indicating significant control by the founding stakeholders. Foreign Institutional Investors (FIIs) hold 1.42%, while Domestic Institutional Investors (DIIs) account for 14.08%, reflecting moderate institutional interest. The public holding has decreased to 14.76%, suggesting a shift in investor sentiment. The number of shareholders has declined from 1,02,580 in December 2022 to 80,781 in September 2025, indicating a potential consolidation of ownership. This could reflect investor confidence in the company’s long-term prospects despite recent profitability challenges. The dividend payout ratio for March 2025 stands at 0%, compared to 149% in the previous year, which may impact investor sentiment regarding returns.
Outlook, Risks, and Final Insight
Heidelberg Cement India faces several strengths and risks in its operational landscape. Strengths include a low debt level, effective working capital management, and a strong promoter holding, which may provide stability. However, the declining profit margins and reduced public shareholding pose risks to its growth trajectory. The company’s ability to navigate fluctuations in demand, particularly in the cyclical cement industry, will be crucial for maintaining profitability. Furthermore, potential volatility in raw material prices and competition from other players in the sector could impact future performance. In light of these factors, if the company can enhance its operational efficiency and regain profit margins while maintaining its strong financial position, it may well position itself favorably in the competitive landscape. Conversely, failure to address these risks could hinder growth and investor confidence.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Heidelberg Cement India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bheema Cements Ltd | 52.7 Cr. | 16.2 | 24.0/16.2 | 0.60 | 0.00 % | 13.1 % | 108 % | 10.0 | |
| UltraTech Cement Ltd | 3,46,369 Cr. | 11,753 | 13,102/10,048 | 47.2 | 2,444 | 0.66 % | 10.9 % | 9.29 % | 10.0 |
| The Ramco Cements Ltd | 23,548 Cr. | 997 | 1,209/788 | 122 | 322 | 0.20 % | 4.83 % | 1.56 % | 1.00 |
| The India Cements Ltd | 12,633 Cr. | 408 | 430/239 | 325 | 0.00 % | 5.49 % | 8.83 % | 10.0 | |
| Star Cement Ltd | 9,280 Cr. | 229 | 309/172 | 30.7 | 74.4 | 0.44 % | 8.39 % | 6.05 % | 1.00 |
| Industry Average | 36,167.93 Cr | 1,913.38 | 37.75 | 573.56 | 0.52% | 8.79% | 85.81% | 7.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 590 | 506 | 540 | 602 | 596 | 566 | 607 | 597 | 532 | 461 | 543 | 612 | 598 |
| Expenses | 495 | 458 | 503 | 533 | 503 | 497 | 542 | 508 | 454 | 424 | 510 | 522 | 509 |
| Operating Profit | 95 | 48 | 37 | 69 | 93 | 69 | 65 | 89 | 78 | 37 | 33 | 91 | 89 |
| OPM % | 16% | 9% | 7% | 11% | 16% | 12% | 11% | 15% | 15% | 8% | 6% | 15% | 15% |
| Other Income | 10 | 11 | 11 | 13 | 13 | 14 | 13 | 14 | 12 | 13 | 9 | 11 | 9 |
| Interest | 8 | 21 | 11 | 7 | 9 | 9 | 8 | 9 | 9 | 9 | 7 | 5 | 6 |
| Depreciation | 28 | 28 | 29 | 27 | 27 | 27 | 27 | 28 | 28 | 26 | 28 | 27 | 27 |
| Profit before tax | 69 | 10 | 8 | 49 | 70 | 48 | 43 | 66 | 53 | 15 | 8 | 70 | 65 |
| Tax % | 26% | 28% | 30% | 28% | 25% | 26% | 26% | 27% | 25% | 26% | 31% | 27% | 25% |
| Net Profit | 52 | 7 | 6 | 35 | 52 | 36 | 31 | 48 | 40 | 11 | 5 | 50 | 48 |
| EPS in Rs | 2.28 | 0.31 | 0.25 | 1.54 | 2.31 | 1.58 | 1.39 | 2.13 | 1.76 | 0.49 | 0.23 | 2.23 | 2.13 |
Last Updated: August 1, 2025, 8:20 pm
Below is a detailed analysis of the quarterly data for Heidelberg Cement India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 598.00 Cr.. The value appears to be declining and may need further review. It has decreased from 612.00 Cr. (Mar 2025) to 598.00 Cr., marking a decrease of 14.00 Cr..
- For Expenses, as of Jun 2025, the value is 509.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 522.00 Cr. (Mar 2025) to 509.00 Cr., marking a decrease of 13.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 89.00 Cr.. The value appears to be declining and may need further review. It has decreased from 91.00 Cr. (Mar 2025) to 89.00 Cr., marking a decrease of 2.00 Cr..
- For OPM %, as of Jun 2025, the value is 15.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 15.00%.
- For Other Income, as of Jun 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 11.00 Cr. (Mar 2025) to 9.00 Cr., marking a decrease of 2.00 Cr..
- For Interest, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 65.00 Cr.. The value appears to be declining and may need further review. It has decreased from 70.00 Cr. (Mar 2025) to 65.00 Cr., marking a decrease of 5.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 25.00%, marking a decrease of 2.00%.
- For Net Profit, as of Jun 2025, the value is 48.00 Cr.. The value appears to be declining and may need further review. It has decreased from 50.00 Cr. (Mar 2025) to 48.00 Cr., marking a decrease of 2.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.13. The value appears to be declining and may need further review. It has decreased from 2.23 (Mar 2025) to 2.13, marking a decrease of 0.10.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:15 am
| Metric | Dec 2013 | Mar 2015n n 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,209 | 2,044 | 1,648 | 1,717 | 1,889 | 2,133 | 2,170 | 2,117 | 2,297 | 2,238 | 2,366 | 2,149 | 2,264 |
| Expenses | 1,107 | 1,783 | 1,417 | 1,439 | 1,526 | 1,650 | 1,642 | 1,610 | 1,862 | 1,989 | 2,049 | 1,909 | 1,995 |
| Operating Profit | 102 | 261 | 231 | 279 | 363 | 483 | 528 | 507 | 435 | 249 | 317 | 240 | 270 |
| OPM % | 8% | 13% | 14% | 16% | 19% | 23% | 24% | 24% | 19% | 11% | 13% | 11% | 12% |
| Other Income | 12 | 135 | 22 | 24 | 20 | 35 | 53 | 46 | 49 | 45 | 55 | 45 | 39 |
| Interest | 106 | 139 | 108 | 90 | 74 | 75 | 74 | 51 | 36 | 46 | 35 | 29 | 25 |
| Depreciation | 89 | 138 | 100 | 99 | 101 | 102 | 109 | 111 | 112 | 112 | 110 | 110 | 109 |
| Profit before tax | -81 | 120 | 45 | 114 | 208 | 342 | 398 | 391 | 335 | 136 | 227 | 146 | 175 |
| Tax % | -50% | 50% | 22% | 33% | 36% | 35% | 33% | 20% | 25% | 27% | 26% | 27% | |
| Net Profit | -41 | 60 | 35 | 76 | 133 | 221 | 268 | 315 | 252 | 99 | 168 | 107 | 129 |
| EPS in Rs | -1.80 | 2.63 | 1.56 | 3.36 | 5.88 | 9.74 | 11.83 | 13.90 | 11.13 | 4.38 | 7.40 | 4.71 | 5.69 |
| Dividend Payout % | 0% | 0% | 0% | 59% | 43% | 41% | 63% | 58% | 81% | 160% | 108% | 149% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 117.14% | 75.00% | 66.17% | 21.27% | 17.54% | -20.00% | -60.71% | 69.70% | -36.31% |
| Change in YoY Net Profit Growth (%) | 0.00% | -42.14% | -8.83% | -44.90% | -3.73% | -37.54% | -40.71% | 130.41% | -106.01% |
Heidelberg Cement India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2016-2017 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -17% |
| 3 Years: | -25% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 8% |
| Last Year: | 7% |
Last Updated: September 5, 2025, 5:55 am
Balance Sheet
Last Updated: November 9, 2025, 2:09 pm
| Month | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 |
| Reserves | 607 | 645 | 668 | 740 | 820 | 945 | 1,088 | 1,267 | 1,339 | 1,235 | 1,243 | 1,169 | 1,083 |
| Borrowings | 1,357 | 1,299 | 1,039 | 705 | 619 | 517 | 413 | 306 | 199 | 182 | 137 | 75 | 77 |
| Other Liabilities | 568 | 650 | 681 | 735 | 867 | 1,008 | 1,065 | 1,045 | 1,060 | 1,022 | 1,054 | 1,071 | 1,051 |
| Total Liabilities | 2,759 | 2,820 | 2,615 | 2,408 | 2,533 | 2,696 | 2,793 | 2,845 | 2,824 | 2,665 | 2,661 | 2,542 | 2,437 |
| Fixed Assets | 1,787 | 1,794 | 1,901 | 1,877 | 1,806 | 1,737 | 1,693 | 1,618 | 1,562 | 1,490 | 1,410 | 1,346 | 1,292 |
| CWIP | 167 | 127 | 56 | 6 | 8 | 17 | 16 | 19 | 27 | 6 | 28 | 110 | 133 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 5 | 5 | 14 | 20 | 20 |
| Other Assets | 804 | 899 | 657 | 524 | 719 | 941 | 1,084 | 1,208 | 1,230 | 1,164 | 1,209 | 1,065 | 991 |
| Total Assets | 2,759 | 2,820 | 2,615 | 2,408 | 2,533 | 2,696 | 2,793 | 2,845 | 2,824 | 2,665 | 2,661 | 2,542 | 2,437 |
Below is a detailed analysis of the balance sheet data for Heidelberg Cement India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 227.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 227.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,083.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,169.00 Cr. (Mar 2025) to 1,083.00 Cr., marking a decrease of 86.00 Cr..
- For Borrowings, as of Sep 2025, the value is 77.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 75.00 Cr. (Mar 2025) to 77.00 Cr., marking an increase of 2.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,051.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,071.00 Cr. (Mar 2025) to 1,051.00 Cr., marking a decrease of 20.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 2,437.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,542.00 Cr. (Mar 2025) to 2,437.00 Cr., marking a decrease of 105.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,292.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,346.00 Cr. (Mar 2025) to 1,292.00 Cr., marking a decrease of 54.00 Cr..
- For CWIP, as of Sep 2025, the value is 133.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Mar 2025) to 133.00 Cr., marking an increase of 23.00 Cr..
- For Investments, as of Sep 2025, the value is 20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 20.00 Cr..
- For Other Assets, as of Sep 2025, the value is 991.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,065.00 Cr. (Mar 2025) to 991.00 Cr., marking a decrease of 74.00 Cr..
- For Total Assets, as of Sep 2025, the value is 2,437.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,542.00 Cr. (Mar 2025) to 2,437.00 Cr., marking a decrease of 105.00 Cr..
Notably, the Reserves (1,083.00 Cr.) exceed the Borrowings (77.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Dec 2013 | Mar 2015n n 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 101.00 | 261.00 | 230.00 | -426.00 | -256.00 | -34.00 | 115.00 | 201.00 | 236.00 | 67.00 | 180.00 | 165.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 3 | 6 | 3 | 4 | 4 | 4 | 6 | 6 | 5 | 8 | 10 |
| Inventory Days | 288 | 168 | 195 | 141 | 125 | 158 | 137 | 157 | 147 | 160 | 139 | 141 |
| Days Payable | 276 | 168 | 204 | 194 | 223 | 262 | 243 | 265 | 225 | 239 | 235 | 245 |
| Cash Conversion Cycle | 22 | 3 | -3 | -50 | -95 | -100 | -101 | -102 | -71 | -75 | -88 | -94 |
| Working Capital Days | -44 | -62 | -93 | -36 | -79 | -62 | -63 | -61 | -5 | -37 | -49 | -67 |
| ROCE % | 1% | 9% | 7% | 11% | 17% | 25% | 28% | 25% | 21% | 11% | 16% | 11% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Axis Small Cap Fund | 5,040,690 | 0.49 | 116.45 | 5,040,690 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Smallcap Fund | 2,499,622 | 0.66 | 57.74 | 2,499,622 | 2025-04-22 17:25:33 | 0% |
| SBI Long Term Equity Fund | 1,844,489 | 0.15 | 42.61 | 1,844,489 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Dividend Yield Equity Fund | 1,727,506 | 0.82 | 39.91 | 1,727,506 | 2025-04-22 17:25:33 | 0% |
| SBI Multi Asset Allocation Fund | 1,300,000 | 0.5 | 30.11 | 1,300,000 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Infrastructure Fund | 1,286,961 | 0.48 | 29.73 | 1,286,961 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Multi Asset Fund | 1,216,705 | 0.06 | 28.11 | 1,216,705 | 2025-04-22 17:25:33 | 0% |
| Aditya Birla Sun Life MNC Fund - Div | 1,129,090 | 0.64 | 26.08 | 1,129,090 | 2025-04-22 17:25:33 | 0% |
| Aditya Birla Sun Life MNC Fund - Gr | 1,129,090 | 0.64 | 26.08 | 1,129,090 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Manufacturing Fund | 106,764 | 0.04 | 2.47 | 106,764 | 2025-04-22 17:25:33 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4.71 | 7.40 | 4.38 | 11.13 | 13.90 |
| Diluted EPS (Rs.) | 4.71 | 7.40 | 4.38 | 11.13 | 13.90 |
| Cash EPS (Rs.) | 9.55 | 12.24 | 9.33 | 16.07 | 18.80 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 61.56 | 64.86 | 64.49 | 69.07 | 65.92 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 61.56 | 64.86 | 64.49 | 69.07 | 65.92 |
| Dividend / Share (Rs.) | 7.00 | 8.00 | 7.00 | 9.00 | 8.00 |
| Revenue From Operations / Share (Rs.) | 94.82 | 104.39 | 98.76 | 101.36 | 93.40 |
| PBDIT / Share (Rs.) | 12.57 | 16.38 | 12.98 | 21.34 | 24.41 |
| PBIT / Share (Rs.) | 7.73 | 11.54 | 8.02 | 16.40 | 19.51 |
| PBT / Share (Rs.) | 6.43 | 10.01 | 5.99 | 14.79 | 17.26 |
| Net Profit / Share (Rs.) | 4.71 | 7.40 | 4.38 | 11.13 | 13.90 |
| PBDIT Margin (%) | 13.25 | 15.69 | 13.14 | 21.05 | 26.13 |
| PBIT Margin (%) | 8.14 | 11.05 | 8.12 | 16.17 | 20.88 |
| PBT Margin (%) | 6.78 | 9.58 | 6.06 | 14.59 | 18.48 |
| Net Profit Margin (%) | 4.96 | 7.09 | 4.43 | 10.98 | 14.87 |
| Return on Networth / Equity (%) | 7.65 | 11.41 | 6.78 | 16.11 | 21.08 |
| Return on Capital Employeed (%) | 10.84 | 14.89 | 10.02 | 18.69 | 22.93 |
| Return On Assets (%) | 4.19 | 6.30 | 3.72 | 8.93 | 11.06 |
| Long Term Debt / Equity (X) | 0.00 | 0.03 | 0.07 | 0.10 | 0.11 |
| Total Debt / Equity (X) | 0.04 | 0.08 | 0.11 | 0.12 | 0.19 |
| Asset Turnover Ratio (%) | 0.82 | 0.88 | 0.81 | 0.81 | 0.75 |
| Current Ratio (X) | 1.09 | 1.26 | 1.31 | 1.42 | 1.09 |
| Quick Ratio (X) | 0.90 | 1.07 | 1.10 | 1.21 | 0.91 |
| Inventory Turnover Ratio (X) | 2.35 | 2.47 | 2.37 | 2.70 | 2.41 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 94.56 | 205.65 | 71.86 | 43.17 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 57.18 | 96.43 | 49.76 | 31.91 |
| Earning Retention Ratio (%) | 0.00 | 5.44 | -105.65 | 28.14 | 56.83 |
| Cash Earning Retention Ratio (%) | 0.00 | 42.82 | 3.57 | 50.24 | 68.09 |
| Interest Coverage Ratio (X) | 9.73 | 10.68 | 6.39 | 13.27 | 10.88 |
| Interest Coverage Ratio (Post Tax) (X) | 4.64 | 5.83 | 3.15 | 7.92 | 7.19 |
| Enterprise Value (Cr.) | 4072.65 | 4015.47 | 3322.47 | 4101.41 | 5144.22 |
| EV / Net Operating Revenue (X) | 1.90 | 1.70 | 1.48 | 1.79 | 2.43 |
| EV / EBITDA (X) | 14.30 | 10.82 | 11.30 | 8.48 | 9.30 |
| MarketCap / Net Operating Revenue (X) | 2.09 | 1.88 | 1.63 | 1.87 | 2.50 |
| Retention Ratios (%) | 0.00 | 5.43 | -105.65 | 28.13 | 56.82 |
| Price / BV (X) | 3.22 | 3.02 | 2.49 | 2.74 | 3.54 |
| Price / Net Operating Revenue (X) | 2.09 | 1.88 | 1.63 | 1.87 | 2.50 |
| EarningsYield | 0.02 | 0.03 | 0.02 | 0.05 | 0.05 |
After reviewing the key financial ratios for Heidelberg Cement India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 4.71. This value is below the healthy minimum of 5. It has decreased from 7.40 (Mar 24) to 4.71, marking a decrease of 2.69.
- For Diluted EPS (Rs.), as of Mar 25, the value is 4.71. This value is below the healthy minimum of 5. It has decreased from 7.40 (Mar 24) to 4.71, marking a decrease of 2.69.
- For Cash EPS (Rs.), as of Mar 25, the value is 9.55. This value is within the healthy range. It has decreased from 12.24 (Mar 24) to 9.55, marking a decrease of 2.69.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 61.56. It has decreased from 64.86 (Mar 24) to 61.56, marking a decrease of 3.30.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 61.56. It has decreased from 64.86 (Mar 24) to 61.56, marking a decrease of 3.30.
- For Dividend / Share (Rs.), as of Mar 25, the value is 7.00. This value exceeds the healthy maximum of 3. It has decreased from 8.00 (Mar 24) to 7.00, marking a decrease of 1.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 94.82. It has decreased from 104.39 (Mar 24) to 94.82, marking a decrease of 9.57.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 12.57. This value is within the healthy range. It has decreased from 16.38 (Mar 24) to 12.57, marking a decrease of 3.81.
- For PBIT / Share (Rs.), as of Mar 25, the value is 7.73. This value is within the healthy range. It has decreased from 11.54 (Mar 24) to 7.73, marking a decrease of 3.81.
- For PBT / Share (Rs.), as of Mar 25, the value is 6.43. This value is within the healthy range. It has decreased from 10.01 (Mar 24) to 6.43, marking a decrease of 3.58.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.71. This value is within the healthy range. It has decreased from 7.40 (Mar 24) to 4.71, marking a decrease of 2.69.
- For PBDIT Margin (%), as of Mar 25, the value is 13.25. This value is within the healthy range. It has decreased from 15.69 (Mar 24) to 13.25, marking a decrease of 2.44.
- For PBIT Margin (%), as of Mar 25, the value is 8.14. This value is below the healthy minimum of 10. It has decreased from 11.05 (Mar 24) to 8.14, marking a decrease of 2.91.
- For PBT Margin (%), as of Mar 25, the value is 6.78. This value is below the healthy minimum of 10. It has decreased from 9.58 (Mar 24) to 6.78, marking a decrease of 2.80.
- For Net Profit Margin (%), as of Mar 25, the value is 4.96. This value is below the healthy minimum of 5. It has decreased from 7.09 (Mar 24) to 4.96, marking a decrease of 2.13.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.65. This value is below the healthy minimum of 15. It has decreased from 11.41 (Mar 24) to 7.65, marking a decrease of 3.76.
- For Return on Capital Employeed (%), as of Mar 25, the value is 10.84. This value is within the healthy range. It has decreased from 14.89 (Mar 24) to 10.84, marking a decrease of 4.05.
- For Return On Assets (%), as of Mar 25, the value is 4.19. This value is below the healthy minimum of 5. It has decreased from 6.30 (Mar 24) to 4.19, marking a decrease of 2.11.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.03 (Mar 24) to 0.00, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.04. This value is within the healthy range. It has decreased from 0.08 (Mar 24) to 0.04, marking a decrease of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.82. It has decreased from 0.88 (Mar 24) to 0.82, marking a decrease of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 1.09. This value is below the healthy minimum of 1.5. It has decreased from 1.26 (Mar 24) to 1.09, marking a decrease of 0.17.
- For Quick Ratio (X), as of Mar 25, the value is 0.90. This value is below the healthy minimum of 1. It has decreased from 1.07 (Mar 24) to 0.90, marking a decrease of 0.17.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.35. This value is below the healthy minimum of 4. It has decreased from 2.47 (Mar 24) to 2.35, marking a decrease of 0.12.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 94.56 (Mar 24) to 0.00, marking a decrease of 94.56.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 57.18 (Mar 24) to 0.00, marking a decrease of 57.18.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 5.44 (Mar 24) to 0.00, marking a decrease of 5.44.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 42.82 (Mar 24) to 0.00, marking a decrease of 42.82.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 9.73. This value is within the healthy range. It has decreased from 10.68 (Mar 24) to 9.73, marking a decrease of 0.95.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.64. This value is within the healthy range. It has decreased from 5.83 (Mar 24) to 4.64, marking a decrease of 1.19.
- For Enterprise Value (Cr.), as of Mar 25, the value is 4,072.65. It has increased from 4,015.47 (Mar 24) to 4,072.65, marking an increase of 57.18.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.90. This value is within the healthy range. It has increased from 1.70 (Mar 24) to 1.90, marking an increase of 0.20.
- For EV / EBITDA (X), as of Mar 25, the value is 14.30. This value is within the healthy range. It has increased from 10.82 (Mar 24) to 14.30, marking an increase of 3.48.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.09. This value is within the healthy range. It has increased from 1.88 (Mar 24) to 2.09, marking an increase of 0.21.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 5.43 (Mar 24) to 0.00, marking a decrease of 5.43.
- For Price / BV (X), as of Mar 25, the value is 3.22. This value exceeds the healthy maximum of 3. It has increased from 3.02 (Mar 24) to 3.22, marking an increase of 0.20.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.09. This value is within the healthy range. It has increased from 1.88 (Mar 24) to 2.09, marking an increase of 0.21.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Heidelberg Cement India Ltd:
- Net Profit Margin: 4.96%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 10.84% (Industry Average ROCE: 8.79%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 7.65% (Industry Average ROE: 85.81%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.64
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.9
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 32.3 (Industry average Stock P/E: 37.75)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.04
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 4.96%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Cement | 2 Floor, Block-B, DLF Cyber Greens, Gurgaon Haryana 122002 | investors.mcl@mycem.in http://www.mycemco.com |
| Management | |
|---|---|
| Name | Position Held |
| Ms. Jyoti Narang | Chairperson & Independent Director |
| Mr. Joydeep Mukherjee | Managing Director |
| Mr. Vimal Kumar Jain | Whole Time Director |
| Mr. Roberto Callieri | Non Executive Director |
| Mr. Atul Khosla | Independent Director |
| Mr. Vimal Kumar Choudhary | Non Executive Director |
FAQ
What is the intrinsic value of Heidelberg Cement India Ltd?
Heidelberg Cement India Ltd's intrinsic value (as of 20 November 2025) is 115.99 which is 36.62% lower the current market price of 183.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 4,158 Cr. market cap, FY2025-2026 high/low of 243/181, reserves of ₹1,083 Cr, and liabilities of 2,437 Cr.
What is the Market Cap of Heidelberg Cement India Ltd?
The Market Cap of Heidelberg Cement India Ltd is 4,158 Cr..
What is the current Stock Price of Heidelberg Cement India Ltd as on 20 November 2025?
The current stock price of Heidelberg Cement India Ltd as on 20 November 2025 is 183.
What is the High / Low of Heidelberg Cement India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Heidelberg Cement India Ltd stocks is 243/181.
What is the Stock P/E of Heidelberg Cement India Ltd?
The Stock P/E of Heidelberg Cement India Ltd is 32.3.
What is the Book Value of Heidelberg Cement India Ltd?
The Book Value of Heidelberg Cement India Ltd is 57.8.
What is the Dividend Yield of Heidelberg Cement India Ltd?
The Dividend Yield of Heidelberg Cement India Ltd is 3.82 %.
What is the ROCE of Heidelberg Cement India Ltd?
The ROCE of Heidelberg Cement India Ltd is 11.4 %.
What is the ROE of Heidelberg Cement India Ltd?
The ROE of Heidelberg Cement India Ltd is 7.48 %.
What is the Face Value of Heidelberg Cement India Ltd?
The Face Value of Heidelberg Cement India Ltd is 10.0.