Home

Insights

HeidelbergCement India Ltd P/E Ratio

HeidelbergCement India Ltd P/E Ratio

download
stocks purchased

₹ 0.4 Cr

Volume transacted

stocks purchased

17.1 K

stocks traded

Image

HeidelbergCement India Ltd

NSE: HEIDELBERG

PE

29.5

Last updated : 13 Jun 15:30 pm

Key Highlights

    The P/E Ratio of HeidelbergCement India Ltd is 29.5 as of 13 Jun 15:30 pm .a1#The P/E Ratio of HeidelbergCement India Ltd changed from 18.6 on March 2019 to 36.7 on March 2023 . This represents a CAGR of 14.56% over 5 years. a1#The Latest Trading Price of HeidelbergCement India Ltd is ₹ 219.65 as of 13 Jun 14:33 .a1#The PE Ratio of Cement Industry has changed from 36.4 to 43.3 in 5 years. This represents a CAGR of 3.53%a1# The PE Ratio of Automobile industry is 11.3. The PE Ratio of Cement industry is 39.0. The PE Ratio of Finance industry is 21.7. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of HeidelbergCement India Ltd changed from ₹ 4099 crore on March 2019 to ₹ 3640 crore on March 2023 . This represents a CAGR of -2.35% over 5 years. a1#The Revenue of HeidelbergCement India Ltd changed from ₹ 600.15 crore to ₹ 610.35 crore over 8 quarters. This represents a CAGR of 0.85% a1#The EBITDA of HeidelbergCement India Ltd changed from ₹ 105.31 crore to ₹ 102.69 crore over 8 quarters. This represents a CAGR of -1.25% a1#The Net Profit of HeidelbergCement India Ltd changed from ₹ 51.61 crore to ₹ 48.16 crore over 8 quarters. This represents a CAGR of -3.40% a1#The Dividend Payout of HeidelbergCement India Ltd changed from 41.97 % on March 2019 to 159.96 % on March 2023 . This represents a CAGR of 30.68% over 5 years. a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

×

P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1918.6
Mar '2012
Mar '2116.8
Mar '2217
Mar '2336.7

Fundamental Metrics

Market Cap

4,994 Cr

EPS

6.8

P/E Ratio (TTM) *

29.5

P/B Ratio (TTM) *

3.3

Day’s High

224.0

Day’s Low

219.65

DTE *

0.1

ROE *

11.4

52 Week High

247.2

52 Week Low

170.05

ROCE *

16.2

* All values are consolidated

* All values are consolidated

Image

HeidelbergCement India Ltd

NSE: HEIDELBERG

PRICE

219.65

-0.75 (-0.34%)

stock direction

Last updated : 13 Jun 14:33

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of HeidelbergCement India Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

4,553

Asset Value

1,128

3.0 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

167 Cr

29.5 X

PE Ratio

Market Cap

₹4552Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

167 Cr

29.5 X

PE Ratio

Market Cap

₹4552Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Cement Industry over time

PE Ratio of Top Sectors

HeidelbergCement India Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For HeidelbergCement India Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, HeidelbergCement India Ltd's Share Price stands at 219.65. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-13T14:33:00 is 6.82. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 219.65/ 6.82= 29.46.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that HeidelbergCement India Ltd's stock is trading at approximately 29.46 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding HeidelbergCement India Ltd’s PE Ratio (BSE: HEIDELBERG)

    The Price-to-Earnings (PE) ratio, used to assess HeidelbergCement India Ltd's stock (BSE: HEIDELBERG), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '194099
Mar '203220
Mar '215281
Mar '224293
Mar '233641

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22600
Sep '22517
Dec '22551
Mar '22616
Jun '23609
Sep '23581
Dec '23620
Mar '23610

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22105
Sep '2259
Dec '2248
Mar '2283
Jun '23106
Sep '2384
Dec '2379
Mar '23103

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2252
Sep '227
Dec '226
Mar '2235
Jun '2352
Sep '2336
Dec '2331
Mar '2348

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1942
Mar '2063
Mar '2158
Mar '2281
Mar '23160

* All values are a in %

About HeidelbergCement India Ltd

About HeidelbergCement India Ltd

    HeidelbergCement India Limited, formerly known as Mysore Cements Limited (MCL) is a Subsidiary of HeidelbergCement Group, Germany. Presently, the Company is operating 3 cement plants located at Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh) and Ammasandra (Karnataka) with an installed cement manufacturing capacity of 6.26 MTPA. HeidelbergCement is one of the world's largest building materials companies. With the takeover of the Italian cement producer Italcementi, HeidelbergCement became the No. 1 in aggregates production, No. 2 in cement, and No. 3 in ready-mixed concrete. The core activities of Company include production and distribution of cement and aggregates, two essential raw materials for producing concrete. Mysore Cements Limited (MCL), a HeidelbergCement Group Company, was incorporated in May 13, 1958 as a Public Limited Company by a Karnataka-based industrialist in technical and financial collaboration with Kaisers of USA. HeidelbergCement, with its core products being cement, ready mixed concrete, aggregates and related activities, is one of the leading producers of building materials worldwide. The first 1 lac ton per annum dry process cement plant with an investment of Rs.220 lacs at Ammasandra Dist. Tumkur, Karnataka was commissioned in 1962. Immediately thereafter, an expansion was planned which doubled MCL's capacity to 2 lac tpa in 1966 at an investment of Rs.170 lacs Kaisers subsequently took control of the company. During the year 1974, the mining lease was acquired for limestone deposits in the area. The second hand power plant was purchased from Madhya Pradesh Electricity Board to meet 50% of the requirements of Damoh unit. MCL made steady progress and increased the capacity at Ammasandra to 6 Lac tpa with an investment of other Rs.230 lacs in 1978. Damoh in Madhya Pradesh, a 5 lac tpa green-field cement plant was commissioned its production in the year 1983, which was set up at an investment of Rs.2950 lacs. MCL also modernised its Ammasandra unit at an investment of Rs.3600 lacs, which was successfully completed in January, 1989 and also in the same year commissioned state of art 6 stage preheater Kiln at an investment of Rs.8000 lacs. The Company received a letter of intent in the year 1990 for establishing a new cement plant in Raipur district of Madhya Pradesh with a capacity of 1.4 million tonnes per annum. The Damoh unit of the company had started to export slag cement to Bangladesh since 1992. MCL had concluded power projects in the year of 1998 to become self-sufficient in power at its three plants across the country. During the year 1999, the company made a joint venture with Nesher Israel Cement Enterprises of Israel to set up worth of Rs 600-crore 1.5-million-tonne cement plant at Gulbarga in Karnataka. MCL had shelved its plan to sell off its plants at Jhansi, Damoh and Narsingarh in the year of 2002. During the year 2003-04, in caution of loss in cement business, the company had entered into production of sponge iron in idle Kiln at Ammasandra. After a year, an induction furnace was added which went in to production in March of the year 2005. The sponge division of the company was discontinued in its entirety in the year 2006. A joint venture relationship was created with Heidelberg Cements Group in July of the same year 2006. During the year 2007, the company had launched 'Mycem' brand cement in the market. The BOD approved the amalgamation of Indorama Cement and Heidelberg Cement India with Mysore Cements in May 2008. The name of the company was changed from 'Mysore Cements Limited' to 'HeidelbergCement India Limited' w.e.f. April 16, 2009, consequent to the issue of fresh Certificate of Incorporation by the Registrar of Companies, Karnataka. HeidelbergCement India changed its financial year from January-December to April-March to comply with the provisions of Section 2(41) of the Companies Act, 2013. Therefore, the accounting year for FY 2015 was for a period of 15 months from 1 January 2014 to 31 March 2015. During the fifteen months period ended 31 March 2015, the company's new plants at Damoh and Jhansi were stabilized. The company took a major decision to set-up an eco-efficient Waste Heat Recovery based Power Generation Plant at its clinkerisation unit at Narsingarh, District Damoh (M.P.). The proposed plant envisages production of approximately 12 MW of power for captive consumption from the waste heat generated from all three clinkerisation lines at Narsingarh. It will substitute grid power thus reducing power cost per ton of clinker. The company successfully increased its market share in Central India and penetrated new areas bringing new channel partners to its fold. Cement under a new brand name 'Mycem power' was also launched in Southern India.The company sold its Raigad unit as a going concern to JSW Steel Limited on a slump sale basis with effect from the close of business hours on 3 January 2014. The entire sale consideration for the same aggregating to Rs 1,660 million has been received during the fifteen months period ended 31 March 2015. The aforesaid sale transaction has resulted into net gain of Rs 603.1 million. Despite all odds faced by the cement industry and intense competition during the year ended 31 March 2016, HeidelbergCement India successfully increased its market share in Central India which led to a 5.11% increase in its sales volume over the previous year (on an annualized basis). The bond with the channel partners and customers was further strengthened through the innovative concept of CADS (Channel Authorization Digital Signage) an electronic digital display at the dealers' shops. During the year the credit rating in respect of the company's Non-Convertible Debentures has been upgraded to 'Ind AA' (with stable outlook) from 'IND AA-' by India Ratings and Research Pvt. Ltd., a credit rating agency. During the year ended 31 March 2017, HeidelbergCement India's 12,000 Tonnes Fly-ash Silo Project was commissioned at Imlai plant which will secure fly-ash inventory for sustained production. The company's Waste Heat Recovery Power Generation Project (WHRPG) which was commissioned in Q4F Y 2016 at Narsingarh (MP), attained generation stability during FY 2017. While the power tariff was increased in MP and Karnataka last year - tariff was further increased in MP from April 2017. Better consumption parameters, improved fuel-mix and savings from WHRPG helped the company to overcome the impact of higher fuel and power costs during the year. The clinker manufacturing plants of the company viz., Narsingarh and Ammasandra Plants were enrolled by the Bureau of Energy Efficiency(BEE) under Perform, Achieve and Trade Scheme'(PAT) which aims at enhancing energy efficiency of the industrial units. Both the plants were able to achieve the targets set by BEE for reducing specific energy consumption under PAT Cycle 1(target year 2014-15 against energy consumption in baseline year 2009-10). Brand visibility enabled the company to increase sales volume by 4% despite the challenging demand supply situation owing to shortage of sand in Uttar Pradesh. During FY 2018, the company has received third tranche of interest-free loan of Rs 693.9 million from the Government of Uttar Pradesh. During FY 2019, the Company generated 72,726 Mega Watt of power from the Waste Heat Recovery Power Plant at Narsingarh, which caters to about 37% of its total power requirement. It commissioned Selective NonCatalytic Reduction (SNCR) System, which enabled the Company reduce Nitrogen Oxide emissions by 40% which occurs during clinkerisation process. During the quarter ending March 31, 2020, the Company completed debottlenecking of its cement grinding capacities in lmlai (Madhya Pradesh) and Jhansi (Uttar Pradesh), which got enhanced by 0.5 Million Tonnes Per Annum (MTPA) and 0.55 MTPA respectively. During final quarter of FY 2020, Company's aggregate cement grinding capacity enhanced to 6.26 MTPA. During FY 2020, Company generated 66,524 Mega Watt of power from Waste Heat Recovery Power Plant at Narsingarh, which was about 34% of its total power requirement. During FY 2021, Company generated 60,693 Mega Watt (MW) of power from Waste Heat Recovery Power Plant at Narsingarh. During FY 2022, Company generated 73,655 Mega Watt of power from the Waste Heat Recovery Power Plant at Narsingarh. During FY23 the Company generated 59064 Mega Watt (MW) of power from Waste Heat Recovery Power Plant at Narsingarh. It commissioned 5.5 MW Solar Power Plant in Damoh, Madhya Pradesh.

HeidelbergCement India Ltd News Hub

News

Board of HeidelbergCement India recommends Final Dividend

HeidelbergCement India announced that the Board of Directors of the Company at its meeting...

Read more

29 May 202416:16

News

HeidelbergCement India to convene board meeting

HeidelbergCement India will hold a meeting of the Board of Directors of the Company on 29 ...

Read more

18 May 202412:36

News

Board of HeidelbergCement India approves change in directorate

The Board of HeidelbergCement India at its meeting held on 08 March 2024 took note of the ...

Read more

09 Mar 202413:45

News

HeidelbergCement India announced change in Chairman

HeidelbergCement India announced the cessation of Ramakrishnan Ramamurthy (DIN-00680202) a...

Read more

12 Feb 202413:55

News

HeidelbergCement India to table results

HeidelbergCement India will hold a meeting of the Board of Directors of the Company on 31 ...

Read more

25 Jan 202411:28

News

Board of HeidelbergCement India appoints director

The Board of HeidelbergCement India at its meeting held on 06 November 2023 has approved t...

Read more

06 Nov 202314:04

Product Composition by Percentage (Revenue)

FAQs for PE of HeidelbergCement India Ltd

What is HeidelbergCement India Ltd current share price?

The current market price of HeidelbergCement India Ltd as of June 13, 2024 is ₹219.65.

What is HeidelbergCement India Ltd's market cap?

HeidelbergCement India Ltd's market capitalisation stood at ₹4,552 Cr as of June 13, 2024

What are HeidelbergCement India Ltd's total net assets?

According to HeidelbergCement India Ltd's most recent financial filings, the company's net assets total ₹1127.8 Cr.

Is HeidelbergCement India Ltd making a profit or loss?

HeidelbergCement India Ltd's net Profit as of June 13, 2024 is close to ₹167 Cr.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199