HeidelbergCement India Ltd

NSE: HEIDELBERGBSE: 500292
Compare with peers
₹ 124.50▼ 0.67 (−0.54%)29 Oct, 03:29 pm IST
P/E
23.4x
52-week range
114.03 – 206.7
ROE
10%
ROCE
15%
Sector
Cement & Cement Products
Industry
Cement & Cement Products
Listed on
NSE, BSE

About

HeidelbergCement India Limited is an India-based company, which is engaged in the manufacturing and sale of cement. The Company's products include Mycem, Mycem Power, Mycem Primo and Mycem Power Shield. Its Mycem Portland Pozzolana Cement is a kind of Blended Cement which is produced by grinding the Portland clinker with gypsum and highly reactive pozzolanic materials in measured proportions. Its Mycem Power Shield is a one-of-a-kind specially formulated cement. The Company's Mycem Power Shield product acts like a shield against water seepage. The Company's products have applications for all types of Multistory residential and infra projects; any kind of Reinforced Cement Concrete works (foundation rafts, column, Beam and slabs); retaining walls, and all kinds of heavy and load bearing structures. The Company's mobile technical labs demonstrate construction practices to end consumers at their site. Its aggregate cement grinding capacity is approximately 6.26 million tons per annum.

Quick check

The five things to look at first. Open one for more.

HeidelbergCement India Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)23.4 against a typical 30: cheaper than most peers (1st = cheapest).18th of 40
  • Sales growth+5% against a typical +9.4% from a year earlier.25th of 37
  • Profit growth−35.4% against a typical −31.3% from a year earlier.16th of 28
  • Share price, 3 months−18.5% against a typical −12.6%.27th of 39

Research by Minerva Capital Research Solutions

Our research team's work on HeidelbergCement India Ltd

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2026 and other business matters
29 Jul 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
25 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
6 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
29 Oct 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
29 Jul 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters
28 May 2025Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters

Share price

1Y change −35.99%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales566607597532461543612598512574646628
Expenses497542508454424510522509454521558561
Operating Profit696589783733918958538867
OPM %12%11%15%15%8%6%15%15%11%9%14%11%
Other Income141314121391199146
Interest989997566413
Depreciation272728282628272727282729
Profit before tax48436653158706533226341
Tax %26%26%27%25%26%31%27%25%26%31%28%25%
Net Profit36314840115504825164531
EPS in Rs1.581.392.131.760.490.232.232.131.10.6921.35

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
4%
5 Years
2%
3 Years
1%
TTM
7%
Compounded Profit Growth
10 Years
15%
5 Years
−15%
3 Years
12%
TTM
6%
Stock Price CAGR
10 Years
2%
5 Years
−9%
3 Years
−5%
TTM
—
Return on Equity
10 Years
14%
5 Years
10%
3 Years
10%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
69.39%
0 pts in a year
FIIs
1.07%
−0.28 pts in a year
DIIs
13.87%
−0.11 pts in a year
Government
0%
−0.14 pts in a year
Public
15.66%
+0.53 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 23.4xEPS (12 months) ₹ 5.36Median P/E 25.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
HeidelbergCement India Ltd₹ 124.50—23.4x—10%—
UltraTech Cement₹ 11,066.00₹ 3,26,092 Cr.39.3x4.2x0%0%
Grasim Industries₹ 2,898.00₹ 1,95,975 Cr.34.9x2.2x0%0%
Ambuja Cements₹ 358.00₹ 88,956 Cr.19.6x1.6x0%0%
Shree Cement₹ 22,760.00₹ 82,120 Cr.47x3.5x0%0%
Dalmia Bharat₹ 1,591.65₹ 29,801 Cr.28.3x1.8x0%0%

Management

Anil Kumar Sharma
Chief Financial Officer
Ravi Arora
Compliance Officer, Company Secretary, Vice President - Corporate Affairs
Joydeep Mukherjee
Managing Director, Director
Vimal Kumar Jain
Whole-Time Director
Poonam Sharma
Human Resource - Director
Purnachander Molugu
Procurement - Director

Prices are delayed and for information only. Nothing on this page is investment advice.