profit from every ₹100 of sales.
₹0₹100
The India Cements
₹350.10-0.07% today
-14.4% in 1 year
1-year low ₹294.351-year high ₹478.55
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What The India Cements sold, what it kept, and what it did with the cash.
Sales went from ₹56.0 billion in 2023 to ₹44.8 billion in 2026, with -₹673 million of profit last year.
SalesProfit
The India Cements vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| The India Cements | No profit yet | ||
 UltraTech Cement | 44.4× · Expensive | ||
 Martin Marietta Materials | 32.4× · Expensive | ||
 Heidelberg Materials | 16.2× · Fair price | ||
 Grasim Industries | 42.5× · Expensive |
AI analysis
An AI analyst reads The India Cements's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 56,000 | 49,979 | 41,405 | 44,847 | |
| 18,990 | 19,616 | 32,340 | 34,897 | |
| -3,604 | -1,229 | -6,135 | 974 | |
| 522 | 1,837 | 3,341 | 3,350 | |
| -1,269 | -2,273 | -1,437 | -673 | |
| -4.04 | -7.32 | -4.64 | -2.17 | |
| 33.9% | 39.2% | 78.1% | 77.8% | |
| -6.4% | -2.5% | -14.8% | 2.2% | |
| -2.3% | -4.5% | -3.5% | -1.5% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 114,672 | 107,006 | 138,302 | 134,031 |
| Cash | 642 | 690 | 1,031 | 138 |
| Total debt | 29,453 | 26,327 | 11,652 | 13,048 |
| Total liabilities | 56,405 | 51,013 | 36,340 | 32,788 |
| 57,763 | 55,747 | 101,941 | 101,243 | |
| 310 | 310 | 465 | 465 | |
| -1.4% | -0.4% | 0.6% | 0.2% | |
| -2.2% | -4.1% | -1.4% | -0.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -195 | 3,439 | -2,562 | -267 | |
| 577 | 1,273 | 624 | 2,227 | |
| -771 | 2,166 | -3,187 | -2,494 | |
| Dividends paid | 290 | 1 | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 1.8×
- 3.6×
- –
- 52.4×
- -1.5%
- -0.4%
- –
Profitability
- 77.8%
- 2.2%
- -1.5%
- –
- 0.2%
- -0.2%
- –
- –
- –
- –
Growth
- −7.1%
- –
- –
- –
- +14.5%
Financial health
- 3.9×
- 0.13
- –
- 0.4×
- 1.01
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 16%of 989
Bottom 16%of 954
Bottom 17%of 933
Bottom 26%of 988
News
Coca-Cola files paperwork for India bottling unit’s IPOSeeking Alpha · Nov 7, 2026TD SYNNEX partners with SISA to expand cybersecurity offerings in IndiaSeeking Alpha · Nov 5, 2026Nokia and L&T Technology Services ink strategic 5-year R&D partnership in IndiaSeeking Alpha · Oct 26, 2026Volvo Group Q3 earnings rise as truck deliveries increase 11%, lifts India and China estimatesSeeking Alpha · Oct 23, 2026PepsiCo warns India energy drink ban could dry up supplies in two monthsSeeking Alpha · Oct 15, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
20No pass
Benjamin Graham
42No pass
Philip Fisher
33No pass
Peter Lynch
33No pass
Joel Greenblatt
2No pass
Charlie Munger
21No pass
Terry Smith
24No pass
Questions about The India Cements
Is The India Cements a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The India Cements AI analysis
What does The India Cements do?
The India Cements Limited manufactures and sells cement and cement related products in India. It offers cements under the Conkrete Super King, Coromandel King, Sankar Super Power, Raasi Gold, Halo Super King brands; specialty cements; and ready-mix concrete. It is in Building Materials, based in Chennai, India.
Is The India Cements stock halal?
Yes. The India Cements passes our halal screen: its business is permitted and its debt is 8% of its market value, under the 30% limit. How we check
How has The India Cements stock done over the past year?
Down 14.4% over the past twelve months, to ₹350.10. It traded between ₹294.35 and ₹478.55 and is 26.8% below its high.
Who are The India Cements's competitors?
The largest listed companies in the same industry are UltraTech Cement, Martin Marietta Materials, Heidelberg Materials and Grasim Industries. The peers table on this page compares their profit, growth and price with The India Cements's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.