Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

India Cements Ltd Performance

Today's Low
217.20
arrowIcon
Today's High
225.85
52 Wk Low
176.25
arrowIcon
52 Wk High
277.00


Open

218.95

Traded Value (Cr)

45.63 Cr

Prev. Close

221.75

VWAP

222.27

Volume

46,90,823

Face Value

10

India Cements Ltd Fundamentals

Market Cap
₹ 7,064 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
1.36
Debt to Equity
0.50
ROE
-7.61 %
EPS (TTM)
0.00
Dividend Yield
0.00%
Book Value
167.64

Click here to know more about Fundamentals

India Cements Ltd F&O

India Cements Ltd Option Chain

India Cements Ltd Financials

India Cements Ltd Financials

India Cements Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Retail 38.72 % 37.30 % 37.40 % 37.59 %
Promoters 28.42 % 28.42 % 28.42 % 28.42 %
Others 14.15 % 14.62 % 15.40 % 15.88 %
FII 13.58 % 13.42 % 13.64 % 13.15 %
Mutual Funds 5.14 % 6.24 % 5.15 % 4.96 %

Retail

38.72%

Promoters

28.42%

Others

14.15%

FII

13.58%

Mutual Funds

5.14%

Retail

37.30%

Promoters

28.42%

Others

14.62%

FII

13.42%

Mutual Funds

6.24%

Retail

37.40%

Promoters

28.42%

Others

15.40%

FII

13.64%

Mutual Funds

5.15%

Retail

37.59%

Promoters

28.42%

Others

15.88%

FII

13.15%

Mutual Funds

4.96%

Resistance and Support

₹206.33

PIVOT

resistance-arrow
Resistance
First Resistance₹210.267
Second Resistance₹213.483
Third Resistance₹217.417
support-arrow
Support
First Resistance₹203.117
Second Resistance₹199.183
Third Resistance₹195.967
RSI61.448
MACD9.942
ADX9.482
CCI33.254

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day4,690,823495,56124.34
Week2,857,6261,375,67446.05
1 Month2,790,3451,016,80936.21
6 Months4,690,8231,399,75529.84

About India Cements Ltd

India Cements Ltd is the largest producer of cement in South India. The company has four plants in Tamil Nadu and four in Andhra Pradesh, India, which cater to all major markets in South India and Maharashtra. They are the market leader with a market share of 28% in the South India. They have a distribution network with over 10,000 stockists. Their brands include Coromandel King-Sankar Sakthi- Raasi Gold, Coromandel-Sankar-Raasi, blended cements and Sulphate Resisting Portland Cement. Their product includes ready mix concrete (RMC). The company subsidiaries include Industrial Chemicals and Monomers Ltd, ICL Financial Services Ltd, ICL Securities Ltd, ICL International Ltd and Trinetra Cement Ltd. India Cements Ltd was incorporated in the year February 21st, 1946. In the year 1949, the company commissioned their first Cement plant at Sankarnagar with the installed capacity 1 lakh tonnes per annum. In the year 1963, they commissioned their second cement plant at Sankaridrug with the installed capacity 2-lakh tonnes per annum. In the year 1969, they expanded the installed capacity at Sankarnagar to 9 lakh tonnes per annum. Also, they received Merit Certification for Outstanding Export Performance (1968-1969). In the year 1971, the company expanded the installed capacity at Sankari Drug to 6 lakh tonnes per annum. In the year 1990, the company acquired Coromandel Cement plant at Cuddapah. They converted the Sankarnagar Plant to Dry Process with the increased capacity of 1 million tonnes per annum. In the year 1991, they ventured into shipping and set up a shipping division. In the year 1994, they received ISO 9002 certification for Sankarnagar plant. In the year 1996, the company commenced commercial production at their green field cement plant at Dalavoi. In the year 1997, they acquired Aruna Sugars Finance Ltd and renamed it as India Cements Capital & Finance Ltd. also, they acquired Cement Plant of Visaka Cement Industry Ltd, at Tandur, Ranga Reddy district of Andhra Pradesh. In the year 1998, the company acquired Cement Corporation of India's Yerraguntla Cement Plant at Andhra Pradesh. Also, they acquired Raasi Cement Ltd., at Nalgonda District of Andhra Pradesh. In the year 1999, the company acquired Cement Plant of Shri Vishnu Cement Ltd., at Nalgonda District of Andhra Pradesh. In the year 2001, they divested their stake in Sri Vishnu Cement Ltd. In November 2004, the company commissioned the Unique Waste Heat Recovery System for generation of power from waste gas at Vishnupuram Cement Plant with the capacity of 7.7 MW. Also, the company through their special purpose vehicle Coromandel Electric Co Ltd commissioned a (gas based) captive power plant at Ramanathapuram with the capacity of 17.4 MW. In the year 2007, Visaka Cement Industry Ltd was amalgamated with the company. The company converted the Sankari plant from wet process to dry process and commissioned the plant. In the year 2008, they revived their shipping business with the purchase of two ships (dry bulk carriers) with a total capacity of 79,843 DWT. They completed and commenced commercial production of one million tonne grinding plant at Chennai. Also, the company successfully bid for the Chennai franchise of the DLF-IPL 20/20 Cricket Tournament - 'Chennai Super Kings'. In the year 2009, the company completed and commenced commercial production of one million tonne grinding plant at Parli (Maharashtra). The company's subsidiary, namely, Trishul Concrete Products Ltd completed and commenced commercial production of one lakh Cu.M ready mix concrete Plant at Hyderabad (Andhra Pradesh). In March 2009, the commenced operations in the II line of 1.2 MT at Malkapur. In April 2009, they upgraded capacity of kiln I to 3000 TPD (1700 TPD) at Vishnupuram. In January 2010, ICL Financial Services Ltd (ICLFSL), the company's wholly owned subsidiary, acquired 60.89% (including shares acquired under open offer) equity share capital in Indo Zinc Ltd (IZL). Consequently, IZL became a subsidiary of ICLFSL and ultimate subsidiary of the company. The company set up PT. Coromandel Minerals Resources as subsidiary in Indonesia for acquiring coal concessions. During the year 2010-11, the company obtained ISO 9001 certification for quality assurance for their Dalavoi Plant in addition to their existing plants at Sankarnagar, Chilamakur and Vishnupuram. In June 2010, the company completed the upgradation of capacity at Chilamakur to 4500 tonnes per day. During the year, the company initiated steps to set up a division for infrastructure activities. The Division is in the process of finalizing the main areas of focus and is likely to commence activities during the current year. During the year 2017, the Company had sold 46 million KWH of power to the cement plants of The India Cements Limited located in Tamil Nadu State while the balance power of 123 million KWH was sold to other group captive consumers. In March 2017 the Company got additional allocation from Oil and Natural Gas Corporation Limited through e-tendering basis to meet its shortage of natural gas and this will help in improving the capacity utilisation of the plant further in the coming years. Pursuant to the Scheme of Amalgamation between Trinetra Cement Limited and Trishul Concrete Products Limited (Transferor Companies) with The India Cements Limited (Transferee Company) and its shareholders approved by the Hon'ble National Company Law Tribunal, Division Bench, Chennai, vide its Order dated 20 April 2017, the Company allotted in June 2017, 9,73,544 equity shares of $ 10/- each to the erstwhile shareholders of Trinetra Cement Limited and Trishul Concrete Products Limited. The Hon'ble National Company Law Tribunal (NCLT), Division Bench, Chennai, has, vide its Orders dated April 13, 2017 and April 20, 2017 sanctioned the Scheme of Amalgamation and Arrangement between Trinetra Cement Limited (TCL) (First Transferor Company) and Trishul Concrete Products Limited (TCPL) (Second Transferor Company) with The India Cements Limited (Transferee Company) and their respective shareholders, subject to directions given by Hon'ble High Court of Madras on 31 January 2017 in C.P.No.171 of 2015. The said Orders were filed with the Registrar of Companies, Tamil Nadu, Chennai, on 28 April 2017 and accordingly, the Scheme became effective from the appointed date i.e. 01 January 2014. In FY 2018, the company got approval from the relevant authorities for enhancing the capacity of Dalavoi and Sankari plants in Tamil Nadu. It also obtained necessary approvals from the environment authorities for installing new energy efficient cement grinding facility at Sankarnagar replacing its old cement mills. During the year 2018, the Company sold 37 million KWH of power to the cement plants of The India Cements Limited located in Tamil Nadu State and the balance power of 164 million KWH was sold to other group captive consumers During the year 2018, Coromandel Minerals Pte Ltd, Singapore, a 100% subsidiary of the company has completed acquisition of 100% shareholding in Raasi Minerals Pte Ltd, Singapore, which has controlling interest in coal mines in Indonesia through step down subsidiaries PT Adcoal Energindo, Indonesia and PT Mitra Setia Tanah Bumbu, Indonesia. Consequent to improvement in international prices of coal, PT Mitra Setia Tanah Bumbu, Indonesia, which owns the coalmines has mined and sold 299925 Tonnes of coal during the year 2017, including 169365 tonnes of coal sold to the company. Consequent to improvement in international prices of coal, PT Mitra Setia Tanah Bumbu, Indonesia, which owns the coalmines has mined and sold 299925 Tonnes of coal during the year 2017, including 169365 Tonnes of coal sold to your company. During the year 2019, Springway Mining Private Limited and NKJA Mining Private Limited became subsidiaries of the Company. The Company acquired voting rights of these Companies with an objective of setting up of a Cement Plant in the State of Madhya Pradesh. The land purchase activities for plant and mines have commenced with around 30% of the land purchased sofar. The power generation from the Gas power plant at Ramanathapuram further improved during the year 2019 in the subsidiary, Coromandel Electric Co Ltd., due to continuous availability of full quota of gas from Oil and Natural Gas Corporation Limited. While the Company had sold 22 million KWH of power to the cement plants of The India Cements Limited located in Tamil Nadu, the balance power of 187 million KWH was sold to other group captive consumers. During October 2018, the Company sold the aircraft for a consideration of Rs. 44.16 crores and is in the process of purchasing another aircraft. Springway Mining Private Limited became wholly-owned subsidiary of The India Cements Limited with effect from 27th June, 2022. In 2022-23, the Company with JSW Cement Limited (Buyer) through Share Purchase Agreement transferred its entire shareholdings in Springway Mining Private Limited (SMPL) and NKJA Mining Private Limited (NKJA) and consequently, SMPL and NKJA ceased to be the wholly-owned subsidiaries of the Company effective on 10th October, 2022. The Company commissioned Phase I Property development in Coimbatore in 2023.

Managing Director

N Srinivasan (F&R)

Founded

1946

NSE Symbol

INDIACEM

India Cements Ltd Management

NameDesignation
N Srinivasan (F&R)Vice Chairman, MD, CEO & CFO
Rupa GurunathWTD & Executive Director
Chitra SrinivasanNon Executive Director
Balasubramanian Adityan SivanthiIndependent Non Exe. Director
BasavarajuIndependent Non Exe. Director
Lakshmi Aparna SreekumarIndependent Non Exe. Director
K P NairIndependent Non Exe. Director
Krishnan SkandanIndependent Non Exe. Director
V RanganathanNon Executive Director
Sandhya RajanIndependent Non Exe. Director
S Christopher JebakumarNon Executive Director
T S RaghupathyNon Executive Director
SANJAY SHANTILAL PATELIndependent Non Exe. Director
Siddhartha MohantyNon Executive Director
Y Viswanatha GowdNominee
V ManickamIndependent Non Exe. Director
S SridharanCompany Sec. & Compli. Officer
V M MohanAdditional Director
Krishna SrivastavaNon Executive Director

India Cements Ltd News

Board of India Cements approves sale of its grinding unit to UltraTech Cement
At meeting held on 20 April 2024
India Cements appoints Chief Manufacturing Officer
With effect from 15 April 2024
India Cements receives revision in credit ratings
From CARE
India Cements slides on reporting net loss of Rs 6 cr in Q3 FY24
India Cements dropped 6.24% to Rs 245.05 after the company reported consolidated net loss of Rs 6.58 crore in Q3 FY24 as against net profit of Rs 111.22 crore recorded in Q3 FY23.
India Cements consolidated net profit declines 99.50% in the December 2023 quarter
Sales decline 10.66% to Rs 1144.46 crore
India Cements to hold board meeting
On 1 February 2024
India Cements reports consolidated net loss of Rs 80.07 crore in the September 2023 quarter
Sales decline 4.72% to Rs 1264.39 crore
India Cements announces board meeting date
On 1 November 2023
India Cements schedules AGM
On 21 September 2023
Board of India Cements approves change in directorate
At meeting held on 07 August 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
ULTRACEMCO₹ 2,70,334 Cr
₹ 9,363.95
(-0.20 %)
43.22
AMBUJACEM₹ 1,21,054 Cr
₹ 609.65
(-0.91 %)
51.17
SHREECEM₹ 87,924 Cr
₹ 24,368.75
(-0.23 %)
37.36
ACC₹ 45,165 Cr
₹ 2,405.15
(-0.28 %)
27.22
DALBHARAT₹ 36,448 Cr
₹ 1,943.45
(-0.28 %)
191.83

India Cements Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase India Cements Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. India Cements Ltd's share price is ₹224.10 as of April 19, 2024

India Cements Ltd's P/E ratio is 0.00 times as of April 19, 2024.

India Cements Ltd's most recent financial reports indicate a price-to-book ratio of 1.36, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. India Cements Ltd's market is 7,064 Cr as on April 19, 2024.

The current financial records of India Cements Ltd show a -7.61% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a India Cements Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. India Cements Ltd's 52-week high and low as of April 19, 2024 are ₹225.85 and ₹217.2 respectively.

As of the Dec 2023 quarter, the promoter shareholding in India Cements Ltd stands at 28.42%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 13.42% to 13.58%.