Orient Cement
- Market cap
- ₹ 2,379 Cr.
- P/E
- 12.2x
- P/B
- 1.12x
- 52-week range
- 109.29 – 224.73
- ROE
- 17%
- ROCE
- 16%
- Dividend yield
- 0.4%
- Debt / equity
- 0.03
- Sector
- Cement & Cement Products
- Industry
- Cement & Cement Products
- Listed on
- NSE, BSE
About
Orient Cement Limited is an India-based cement company. The Company is primarily engaged in the manufacturing and sale of cement. The Company’s product mix includes Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC). Its product portfolio includes Birla.A1 Dolphin, Birla.A1 StrongCrete, Birla.A1 OrientGreen, Birla.A1 Premium Cement - PPC, Birla.A1 Premium Cement - OPC 53 Grade, and Birla.A1 Premium Cement - OPC 43 Grade. Birla.A1 Dolphin is a water-repellent cement. Birla.A1 StrongCrete is used in the construction of foundations, beams, columns, and slabs. Its projects include Asian Cinema Mall, Sujana Mall Hyd, Birsi Airport, Mahindra Life Space, Tata Capitol, Godrej, Vastu Nagar, Municipal Corporation, Hotel Express Inn Nashik, Koso India Pvt. Ltd, Parksyde Residence, Apollo Hopital, Samrat Vrindavan, Karmaa Galaxy. The Company’s manufacturing facilities are located at Devapur in Telangana, Chittapur in Karnataka, and Jalgaon in Maharashtra.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cement & Cement Products: 42 companies →Orient Cement 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)12.2 against a typical 32.3: cheaper than most peers (1st = cheapest).9th of 40
- Sales growth−12.1% against a typical +9.4% from a year earlier.33rd of 37
- Profit growth−34.7% against a typical −31.3% from a year earlier.15th of 28
- Share price, 3 months−17.3% against a typical −13.1%.24th of 39
- Size₹ 2,378.6 Cr. market value against a typical ₹ 686.3 Cr. (1st = largest).13th of 32
Latest announcements
Exchange filings and their impact on the company.
- Weak Q2/H1 with revenue down 12%/23% and PAT down 35%/57% YoY points to ~10% lower revenue and ~30% lower profit over next 12 months.
Orient Cement reported weak Q2 FY27 results with revenue of Rs 565 crore, down from Rs 643 crore last year, and net profit of Rs 32 crore versus Rs 49 crore. For the first half, revenue was Rs 1,169 crore versus Rs 1,510 crore and profit was Rs 109 crore versus Rs 254 crore. The company collected Rs 529 crore from receivables, generating Rs 533 crore operating cash, and lent Rs 512 crore to parent Ambuja Cements at 8% repayable by March 2027, while the amalgamation with Ambuja awaits NCLT hearing on November 19, 2026.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA | Stable | 10 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Oct 2025 | ▲ Upgrade | CARE AAA | — | CARE | ₹ 862.4 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Orient CementAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 23 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 Apr 2026 | Financial Results/Dividend | The Company has informed the exchange that the meeting of the Board of Directors is scheduled on 28/04/2026 ,inter alia, to consider and approve the Audited Financial Results for the quarter and year ended on March 31, 2026 and to consider and recommend dividend, if any, on the equity shares of the Company for the Financial Year 2025-26 |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 1 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 25 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 751 | 888 | 696 | 544 | 643 | 825 | 866 | 643 | 636 | 647 | 604 | 565 |
| Expenses | 636 | 740 | 600 | 500 | 585 | 722 | 684 | 478 | 546 | 539 | 460 | 490 |
| Operating Profit | 115 | 148 | 96 | 44 | 58 | 103 | 182 | 165 | 90 | 108 | 144 | 75 |
| OPM % | 15% | 17% | 14% | 8% | 9% | 12% | 21% | 26% | 14% | 17% | 24% | 13% |
| Other Income | 2 | 8 | 6 | 4 | 3 | 8 | 2 | 12 | −4 | 6 | 5 | 13 |
| Interest | 8 | 8 | 6 | 6 | 6 | 6 | 3 | 2 | 2 | 5 | 3 | 1 |
| Depreciation | 38 | 38 | 39 | 39 | 38 | 37 | 37 | 101 | 48 | 45 | 43 | 43 |
| Profit before tax | 72 | 110 | 58 | 3 | 17 | 68 | 144 | 74 | 36 | 64 | 103 | 44 |
| Tax % | 37% | 38% | 37% | 26% | 39% | 38% | −42% | 34% | 23% | 13% | 25% | 27% |
| Net Profit | 45 | 68 | 37 | 2 | 10 | 42 | 205 | 49 | 28 | 55 | 77 | 32 |
| EPS in Rs | 2.2 | 3.33 | 1.79 | 0.11 | 0.49 | 2.05 | 9.98 | 2.38 | 1.35 | 2.7 | 3.75 | 1.56 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 4%
- 3 Years
- −2%
- TTM
- −18%
- 10 Years
- 19%
- 5 Years
- 10%
- 3 Years
- 41%
- TTM
- −36%
- 10 Years
- −4%
- 5 Years
- −6%
- 3 Years
- −16%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Orient Cement | ₹ 113.20 | ₹ 2,379 Cr. | 12.2x | 1.1x | 17% | — |
| UltraTech Cement | ₹ 11,066.00 | ₹ 3,26,092 Cr. | 41.7x | 4.5x | 11.1% | 9.3% |
| Grasim Industries | ₹ 2,898.00 | ₹ 1,95,975 Cr. | 40.8x | 2x | 4.9% | 5.9% |
| Ambuja Cements | ₹ 358.00 | ₹ 88,956 Cr. | 21.9x | 1.8x | 8.3% | 13.8% |
| Shree Cement | ₹ 22,760.00 | ₹ 82,120 Cr. | 55.2x | 4.1x | 7.8% | 8.4% |
| Dalmia Bharat | ₹ 1,591.65 | ₹ 29,801 Cr. | 29.5x | 1.9x | 6.5% | 7.8% |
Management
- Vaibhav Dixit
- Chief Executive Officer, Whole Time Director
- Kajal Sarda
- Chief Financial Officer
- Pranjali Dubey
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.