⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

INDIACEM - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.2

Stock Code INDIACEM Market Cap 11,449 Cr. Current Price 369 ₹ High / Low 490 ₹
Book Value 310 ₹ Dividend Yield 0.00 % ROCE -5.85 % ROE -9.32 %
Face Value 10.0 ₹ DMA 50 412 ₹ DMA 200 394 ₹ Chg in FII Hold 0.30 %
Chg in DII Hold 0.55 % PAT Qtr 2.00 Cr. PAT Prev Qtr -6.86 Cr. RSI 34.4
MACD -21.1 Volume 2,47,675 Avg Vol 1Wk 2,14,434 Low price 253 ₹
High price 490 ₹ Debt to equity 0.14 52w Index 49.3 % Qtr Profit Var 101 %
EPS -3.29 ₹ Industry PE 28.2

📊 Financial Overview

  • Revenue & Profitability: PAT improved from -₹6.86 Cr. to ₹2.00 Cr. (QoQ), showing recovery but still weak overall performance.
  • Margins: ROE at -9.32% and ROCE at -5.85% are negative, reflecting poor profitability and efficiency.
  • Debt: Debt-to-equity ratio of 0.14 indicates low leverage, which is a positive.
  • Cash Flow: EPS of -₹3.29 highlights negative earnings, limiting shareholder value.

💹 Valuation Metrics

  • P/E Ratio: Not applicable due to negative earnings.
  • P/B Ratio: Price ₹369 vs Book Value ₹310 → trading at a premium, reflecting investor optimism despite weak fundamentals.
  • PEG Ratio: Not available, limiting growth-adjusted valuation analysis.
  • Intrinsic Value: Fundamentals do not justify current valuation; speculative sentiment drives pricing.

🏢 Business Model & Competitive Advantage

  • India Cements operates in cement manufacturing and infrastructure materials.
  • Competitive advantage lies in established brand and regional presence, but profitability weakness undermines sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹340–360 range looks safer given weak fundamentals and technical downtrend.
  • Long-Term Holding: Risky for conservative investors. Suitable only for speculative positions; monitor profitability turnaround closely.

✅ Positive

  • Quarterly profit turnaround from losses to ₹2 Cr.
  • Low debt-to-equity ratio (0.14).
  • Institutional confidence with FII (+0.30%) and DII (+0.55%) inflows.

⚠️ Limitation

  • Negative ROE (-9.32%) and ROCE (-5.85%).
  • EPS of -₹3.29 indicates continued weakness.
  • Stock trading below DMA 50 & DMA 200, showing bearish momentum.

📉 Company Negative News

  • Persistent weak profitability despite recent profit turnaround.
  • Technical indicators (MACD -21.1, RSI 34.4) show bearish trend.

📈 Company Positive News

  • Quarterly profit variation of 101% shows strong recovery momentum.
  • FII and DII inflows reflect institutional support.

🏦 Industry

  • Industry PE at 28.2 highlights sector trades at higher multiples, but India Cements cannot be compared due to negative earnings.
  • Cement sector growth supported by infrastructure demand and government projects.

🔎 Conclusion

  • India Cements shows signs of recovery but remains weak with negative ROE/ROCE and modest profitability.
  • Entry around ₹340–360 is safer for speculative investors.
  • Not ideal for long-term conservative holding; monitor earnings turnaround and sector demand closely.

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