India Cements

Chennai, India Founded: 1946 • Age: 80 yrs Listed Acquired By UltraTech Cement Fortune India 500 · #450
Cement and ready-mix concrete are manufactured for construction needs.

About India Cements

India Cements is a publicly listed company based in Chennai (India) founded in 1946, and was acquired by UltraTech Cement in December 2024. Cement and ready-mix concrete are manufactured for construction needs. The company has 2,880 employees. Its website indiacements.co.in draws about 15 thousand monthly visits. India Cements offers products and services including Cement and Ready Mix Concrete. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Cement. Its legal entity is India Cements Ltd. Its competitors include Dalmia Bharat, Ambuja Cements and JSW Cement; 2 of its 3 listed competitors have raised funding.

Company details

India Cements was established in 1946 as a key player in the building materials sector. Operations are centered in Chennai, India, with production facilities focused on cement and ready-mix concrete. These products are supplied to support infrastructure and construction projects across the country. The company maintains a domain at indiacements.co.in for business inquiries and resources. Activities emphasize standard manufacturing processes in the cement industry.

India Cements is ranked #450 on the Fortune India 500 (2025).

Recognitions & Rankings of India Cements

Fortune India 500 2025 edition
Rank#450
Total income
₹5,210 Cr
Profit
₹-144 Cr
Last year #408
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#457
Valuation
₹10,720 Cr
2022 #423 2021 #476
  • Headquarters Chennai, India
  • Employees 2,880
  • Stage Acquired
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website indiacements.co.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by UltraTech Cement (Dec 2024)
  • Legal Name India Cements Ltd.
Key Metrics
  • Market Cap
    ₹9,305 Cr

    INDIACEM · NSE

  • Share Price
    ₹312.10

    +3.95% today

  • Revenue
    ₹4,485 Cr

    FY 2025-26 · +8.3% YoY

  • EBITDA
    ₹246 Cr

    Margin 5.5%

  • Net Profit
    ₹37.73 Cr

    FY 2025-26 · +104.5% YoY

  • P/E (TTM)
    59.0x

    P/B 1.9x

  • ROE
    0.8%

    ROCE 2.3%

  • Debt / Equity
    0.25

    Interest cover -186.2x

  • Investors
    Nomura

    & 2 more

  • Employee Count
    2,880
  • Acquired by

Products & Services of India Cements

India Cements offers a comprehensive portfolio of products and services, including Cement and Ready Mix Concrete.

Cement
Building Materials

Manufactured product for construction and infrastructure

Ready Mix Concrete
Concrete Solutions

Pre-mixed concrete for immediate building applications

Apps and channels of India Cements

its YouTube channel India Cements has 4.75K subscribers and 30 videos.

India Cements
YouTube 4.75K subscribers 30 videos Howto & Style
Open channel

Videos from India Cements

The most watched videos on India Cements's YouTube channel, India Cements (4.75K subscribers). Click a video to play it here.

CSK - for all your building problems.
7.6M views
Sankar Cements TV Commercial
84.2K views
The story of India Cements and Mr. N Srinivasan's extraordinary journey of 50 years.
40.7K views
75 Not Out Celebrations With the CSK Lions
23.5K views

More on India Cements.

Funding Insights of India Cements

  • Total Rounds 2
  • First Round $150M

    (Dec 2007)

  • Investors Count 3

All 2 funding rounds of India Cements with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024Post-IPO––
Dec 2007$150MPost-IPO––
Valuation history

3 investors in total: 3 institutional.

Investors in India Cements

India Cements has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Nomura, UltraTech Cement and Aquarius Investment Advisors.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Grey cement, ready-mix concrete, and white cement are manufactured.
1983ultratechcement.comMumbai, India
Diversified asset management services are offered globally by the firm.
1925nomura.comChuo City, Japan
Diversified investment management services are provided to clients worldwide.
1995aquarius.com.sgSingapore, Singapore
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Investor details for India Cements

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

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Board of directors of India Cements

The boards of the 4 registered companies of India Cements currently have 19 directors; the longest-serving is Narayanaswamy Srinivasan, appointed in 2003. 93 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Narayanaswamy Srinivasan
DIN 00116726
Director24 Jul 200323 yrs 3 moCoromandel Electric Company Limited
Subramanian Palaniappan
DIN 00549992
Director05 May 200521 yrs 5 moCoromandel Electric Company Limited
Rupa Gurunath
DIN 01711965
Director31 Mar 200818 yrs 6 moCoromandel Electric Company Limited
Manickam Vengaiyagounder
DIN 00179715
Director11 Feb 201511 yrs 8 moIndia Cements Capital Limited
Veppur Margabandhu Mohan
DIN 00921760
Director11 Feb 201511 yrs 8 moIndia Cements Capital Limited
Rakesh Singh
DIN 07563110
Director09 Aug 201610 yrs 2 moCoromandel Electric Company Limited
Krishnan Skandan
DIN 01945013
Director27 Jan 20215 yrs 9 moThe India Cements Limited
Karuppannan Palaniappan Salem
DIN 09586852
Director27 Apr 20224 yrs 6 moCoromandel Electric Company Limited
Viswanatha Gowd Yerur
DIN 09048488
Nominee Director07 Aug 20233 yrs 2 moThe India Cements Limited
Sandhya Rajan
DIN 08195886
Director22 Feb 20242 yrs 8 moCoromandel Electric Company Limited, India Cements Capital Limited
Lakshmiaparna Sreekumar
DIN 08196552
Director22 Feb 20242 yrs 8 moCoromandel Electric Company Limited, India Cements Capital Limited
Raj Narayanan Eachambadi Raghavan
DIN 00469886
Director25 Dec 20241 yr 10 moIndia Cements Infrastructures Limited, The India Cements Limited
Niraj Maheshwari
DIN 00535743
Director25 Dec 20241 yr 10 moIndia Cements Infrastructures Limited
Mukesh B Agarwal
DIN 03416254
Director25 Dec 20241 yr 10 moIndia Cements Infrastructures Limited
Vivek Agrawal
DIN 10599212
Director25 Dec 20241 yr 10 moThe India Cements Limited
Alka Marezban Bharucha
DIN 00114067
Director25 Dec 20241 yr 10 moThe India Cements Limited
Kailash Chandra Jhanwar
DIN 01743559
Director25 Dec 20241 yr 10 moThe India Cements Limited
Sukanya Kripalu
DIN 06994202
Director25 Dec 20241 yr 10 moThe India Cements Limited
Vikas Balia
DIN 00424524
Director25 Dec 20241 yr 10 moThe India Cements Limited

People of India Cements

20 people are tracked at India Cements (1 in leadership, 7 in board & advisors, 12 in team); the tracked headcount is 2,880.

NameRoleGroup
N. Srinivasan
Vice Chairman & Managing DirectorLeadership
DirectorBoard & advisors
Chitra Srinivasan
DirectorBoard & advisors
Balasubramanian Adityan
DirectorBoard & advisors
DirectorBoard & advisors
DirectorBoard & advisors
Sanjay Shantilal Patel
DirectorBoard & advisors
S. Christopher Jebakumar
DirectorBoard & advisors
Istyak Ahmed
Senior Mechanical EngineerTeam
Venkata Surya Sai Praneeth Ch
Graduate Engineering TraineeTeam
Jitendra Upadhyay
Deputy Manager Power PlantTeam
Bharath Reddy Annavaram
Electrical ManagerTeam
Srinivasa Reddy Velagala
Assistant Manager InstrumentationTeam
Rijo Cherian
Area Relationship ManagerTeam
Aniket Patil
Area Technical EngineerTeam
Prakhar Mathur
Graduate Engineering TraineeTeam
Salipalli Ananda Rao
Sr.manager Process India Cement LTDTeam
Gayathri Baskar Raman
Talent Acquisition ManagerTeam
Sudhakar Katamoni
Manager PowerplantTeam
G.p Singh'Lucky'
C.f.a.Team
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Complete people profiles for India Cements

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of India Cements

India Cements is a publicly listed company on the NSE with ticker symbol INDIACEM in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date31 May 2000
  • Listed onNSE: INDIACEM
  • Listed entityIndia Cements Ltd.
  • Exchange sectorNon-energy minerals
  • ISININE383A01012
  • Share price₹295.65 (-1.25% on the day) · 2026-10-14
  • Market capitalisation₹9,272 Cr
  • Price to earnings99.1
  • EPS (diluted, trailing year)₹2.98
  • Volume (last session)104,272

Financials of India Cements

Exchange-reported figures of The India Cements Limited, the listed company behind India Cements (NSE: INDIACEM).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹4,485 Cr
+8.3% YoY
EBITDA
₹246 Cr
+131.8% YoY
Profit After Tax
₹37.73 Cr
+104.5% YoY
Net Worth
₹10,124 Cr
-0.7% YoY
Total Assets
₹11,562 Cr
+0.3% YoY
Total Debt
₹1,305 Cr
+12.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,4854,1414,9985,6084,8584,5115,186
Revenue growth+8.3%-17.2%-10.9%+15.4%+7.7%-13.0%-
EBITDA246(774)62.45(143)484788581
EBITDA margin+5.5%-18.7%+1.3%-2.6%+10.0%+17.5%+11.2%
Profit before tax(65.01)(202)(275)(378)85.4631123.60
Net profit37.73(833)(274)(322)78.4021260.07
Net profit margin+0.8%-20.1%-5.5%-5.7%+1.6%+4.7%+1.2%
EPS (β‚Ή)(2.17)(4.64)(7.34)(4.09)2.536.671.62
Balance sheet
Total assets11,56211,5278,8719,4969,9309,0839,381
Net worth10,12410,1945,5755,7765,9475,7095,508
Total debt1,3051,1652,6332,9453,0913,0413,582
Cash & bank60.6012384.2264.8746.3040.1443.16
Net working capital207(141)1,1401,735955385685
Cash flow
Cash from operations(26.73)(256)344(19.46)4391,046387
Cash from investing(103)2,014248435(250)(189)(282)
Cash from financing40.32(1,738)(572)(397)(183)(860)(110)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,1421,0191,2291,1141,1171,0251,198940
Revenue growth (YoY)+2.2%-0.5%+2.6%+18.6%+9.3%-0.2%--
Other income3.673.4525.8523.7029.009.11116413
EBITDA14413014270.5975.13(40.59)(7.55)(207)
EBITDA margin+12.6%+12.8%+11.6%+6.3%+6.7%-4.0%-0.6%-22.0%
Depreciation71.6471.9475.8674.7374.4774.0674.8555.25
Interest24.0626.1523.3824.1025.2726.5838.0673.38
Profit before tax52.2835.8068.77(4.54)4.39(132)(4.95)77.05
Tax13.468.959.27(1.87)(4.42)(0.75)(24.08)(39.47)
Net profit38.8226.8559.50(2.67)8.81(131)19.13117
EPS (β‚Ή)1.250.871.92(0.09)0.28(4.29)0.514.02
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,4854,0804,9425,3814,7134,4375,058
Revenue growth+9.9%-17.4%-8.2%+14.2%+6.2%-12.3%-
EBITDA370(803)90.28(174)461806485
EBITDA margin+8.2%-19.7%+1.8%-3.2%+9.8%+18.2%+9.6%
Profit before tax67.55(782)(255)(407)54.03323(68.42)
Net profit51.08(691)(249)(373)38.9522260.85
Net profit margin+1.1%-16.9%-5.0%-6.9%+0.8%+5.0%+1.2%
EPS (β‚Ή)2.11(21.16)(6.53)(6.08)1.267.16(1.15)
Balance sheet
Total assets11,46511,2988,6599,2469,7028,8929,182
Net worth10,0279,9675,3995,5995,8185,6185,415
Total debt1,3051,1652,6222,9243,0683,0063,533
Cash & bank32.5594.3813.5615.721.826.766.63
Net working capital178(165)1,0701,539777220495
Cash flow
Cash from operations(32.95)327310(10.62)4181,036414
Cash from investing(68.50)1,471246429(254)(196)(340)
Cash from financing40.32(1,724)(558)(405)(168)(840)(73.77)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,1421,0191,2291,1141,1171,0251,198902
Revenue growth (YoY)+2.2%-0.5%+2.6%+23.5%+11.0%+5.5%--
Other income3.423.2030.1528.3728.998.7725.4010.62
Total expenses9978891,0941,0431,0369431,1991,281
EBITDA14513013571.7181.2381.86(1.64)(379)
EBITDA margin+12.7%+12.8%+11.0%+6.4%+7.3%+8.0%-0.1%-42.0%
Depreciation71.6471.9475.8674.7374.4774.0674.8655.24
Interest24.0626.1523.3724.1125.2726.5838.1273.77
Profit before tax52.3135.5765.861.2410.48(10.01)(89.22)(497)
Tax13.468.9511.11(1.93)(4.45)(2.48)(25.47)(87.68)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,1421,0191,2291,1141,1171,0251,198940
Revenue growth (YoY)+2.2%-0.5%+2.6%+18.6%+9.3%-0.2%--
Other income3.673.4525.8523.7029.009.11116413
EBITDA14413014270.5975.13(40.59)(7.55)(207)
EBITDA margin+12.6%+12.8%+11.6%+6.3%+6.7%-4.0%-0.6%-22.0%
Depreciation71.6471.9475.8674.7374.4774.0674.8555.25
Interest24.0626.1523.3824.1025.2726.5838.0673.38
Profit before tax52.2835.8068.77(4.54)4.39(132)(4.95)77.05
Tax13.468.959.27(1.87)(4.42)(0.75)(24.08)(39.47)
Net profit38.8226.8559.50(2.67)8.81(131)19.13117
EPS (β‚Ή)1.250.871.92(0.09)0.28(4.29)0.514.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,4854,1414,9985,6084,8584,5115,186
Revenue growth+8.3%-17.2%-10.9%+15.4%+7.7%-13.0%-
Other income87.661,07712322624.3940.4541.67
Total expenses4,2394,9144,9355,7514,3743,7234,605
Employee cost243304372362334323353
EBITDA246(774)62.45(143)484788581
EBITDA margin+5.5%-18.7%+1.3%-2.6%+10.0%+17.5%+11.2%
Depreciation299239220219226247256
Interest99.33266240242198271343
Profit before tax(65.01)(202)(275)(378)85.4631123.60
Tax2.24(58.49)(47.82)(208)19.49102(29.86)
Net profit37.73(833)(274)(322)78.4021260.07
Net profit margin+0.8%-20.1%-5.5%-5.7%+1.6%+4.7%+1.2%
EPS (β‚Ή)(2.17)(4.64)(7.34)(4.09)2.536.671.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital310310310310310321320
Reserves & surplus9,8149,8845,2655,4565,5995,3505,150
Shareholders' funds (net worth)10,12410,1945,5755,7765,9475,7095,508
Minority interest0.002.0724.5850.4576.3565.6156.23
Secured loans1,1251,0712,3022,6412,9262,8623,259
Unsecured loans17994.00330305164180323
Total debt1,3051,1652,6332,9453,0913,0413,582
Total liabilities11,56211,5278,8719,4969,9309,0839,381
Assets
Gross block13,66613,8299,0218,7968,8848,6268,522
Net block11,18711,6386,8746,8037,1017,0657,206
Capital work in progress344177190313386300235
Investments83.31120319334408381382
Inventories734556631785844597842
Sundry debtors248706699825931564736
Cash & bank balances60.6012384.2264.8746.3040.1443.16
Loans & advances4112311,3241,749716635760
Total current assets1,4551,6172,7393,4232,5381,8372,381
Total current liabilities1,2471,7571,5991,6881,5821,4521,696
Net working capital207(141)1,1401,735955385685
Total assets11,56211,5278,8719,4969,9309,0839,381
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash10384.2264.8746.3040.1443.1648.72
Net cash from operating activities(26.73)(256)344(19.46)4391,046387
Net cash from investing activities(103)2,014248435(250)(189)(282)
Net cash from financing activities40.32(1,738)(572)(397)(183)(860)(110)
Net change in cash(89.35)18.8919.3518.576.16(3.02)(5.56)
Closing cash60.6012384.2264.8746.3040.1443.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.3%-17.2%-10.9%+15.4%+7.7%-13.0%-
EBITDA growth+131.8%-1338.6%+143.7%-129.6%-38.5%+35.6%-
PBT growth+67.8%+26.4%+27.3%--72.5%+1216.4%-52.6%
Net income growth+104.5%-204.1%+14.9%-510.5%-63.0%+252.2%-
Revenue CAGR (3Y)-7.2%-5.2%+3.5%+2.6%-5.6%-5.0%+0.2%
EBITDA CAGR (3Y)---57.0%--8.2%+3.6%-13.2%
Profitability & leverage
Net income margin-1.5%-3.5%-4.5%-3.0%+1.4%+4.6%+1.0%
Return on capital employed+2.3%-7.3%-1.0%-3.6%+3.1%+6.4%+4.2%
Return on net worth+0.8%-16.6%-5.2%-6.7%+1.2%+3.8%+1.2%
Debt / equity0.250.380.530.560.560.600.64
Long-term debt / equity0.210.250.310.350.360.400.46
Interest cover-186.22-26.26-152.55-66.7076.4050.07105.56
Efficiency & per share
Fixed asset turnover0.530.480.590.670.580.530.62
Inventory turnover6.956.987.066.896.746.276.14
Debtors turnover9.405.896.566.396.506.947.00
EPS (β‚Ή)(2.17)(4.64)(7.34)(4.09)2.536.671.62
Dividend per share (β‚Ή)0.000.000.000.001.001.000.60
Book value per share (β‚Ή)155.23157.95165.97171.90176.38174.57176.19
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,1421,0191,2291,1141,1171,0251,198902
Revenue growth (YoY)+2.2%-0.5%+2.6%+23.5%+11.0%+5.5%--
Other income3.423.2030.1528.3728.998.7725.4010.62
Total expenses9978891,0941,0431,0369431,1991,281
EBITDA14513013571.7181.2381.86(1.64)(379)
EBITDA margin+12.7%+12.8%+11.0%+6.4%+7.3%+8.0%-0.1%-42.0%
Depreciation71.6471.9475.8674.7374.4774.0674.8655.24
Interest24.0626.1523.3724.1125.2726.5838.1273.77
Profit before tax52.3135.5765.861.2410.48(10.01)(89.22)(497)
Tax13.468.9511.11(1.93)(4.45)(2.48)(25.47)(87.68)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,4854,0804,9425,3814,7134,4375,058
Revenue growth+9.9%-17.4%-8.2%+14.2%+6.2%-12.3%-
Other income96.2852711521516.7223.4527.73
Total expenses4,1154,8844,8525,5554,2523,6314,572
Employee cost242303371355326316344
EBITDA370(803)90.28(174)461806485
EBITDA margin+8.2%-19.7%+1.8%-3.2%+9.8%+18.2%+9.6%
Depreciation299239220213220242247
Interest99.33267240234204265334
Profit before tax67.55(782)(255)(407)54.03323(68.42)
Tax2.25(127)(52.15)(218)15.05101(32.90)
Net profit51.08(691)(249)(373)38.9522260.85
Net profit margin+1.1%-16.9%-5.0%-6.9%+0.8%+5.0%+1.2%
EPS (β‚Ή)2.11(21.16)(6.53)(6.08)1.267.16(1.15)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital310310310310310310310
Reserves & surplus9,7179,6575,0895,2895,5085,3085,105
Shareholders' funds (net worth)10,0279,9675,3995,5995,8185,6185,415
Secured loans1,1251,0712,2922,6202,9042,8273,216
Unsecured loans17994.00330305164179317
Total debt1,3051,1652,6222,9243,0683,0063,533
Total liabilities11,46511,2988,6599,2469,7028,8929,182
Assets
Gross block13,66513,6268,7098,4848,4208,1878,102
Net block11,18711,4366,6236,5476,6886,6706,826
Capital work in progress344177190313272187196
Investments112118395494780746737
Inventories734556622775834584826
Sundry debtors248706693814921541716
Cash & bank balances32.5594.3813.5615.721.826.766.63
Loans & advances4102221,2951,590573517626
Total current assets1,4251,5792,6243,1952,3301,6492,175
Total current liabilities1,2471,7441,5541,6561,5541,4291,680
Net working capital178(165)1,0701,539777220495
Total assets11,46511,2988,6599,2469,7028,8929,182
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash74.611.2115.721.826.766.636.73
Net cash from operating activities(32.95)327310(10.62)4181,036414
Net cash from investing activities(68.50)1,471246429(254)(196)(340)
Net cash from financing activities40.32(1,724)(558)(405)(168)(840)(73.77)
Net change in cash(61.13)73.40(2.15)13.90(4.94)0.13(0.10)
Closing cash32.5594.3813.5615.721.826.766.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.9%-17.4%-8.2%+14.2%+6.2%-12.3%-
EBITDA growth+146.0%-989.6%+151.8%-137.8%-42.8%+66.2%-
PBT growth+9998.0%-207.2%+37.4%--83.3%+9998.0%-
Net income growth+107.4%-177.5%+33.2%-1057.4%-82.5%+265.2%-
Revenue CAGR (3Y)-5.9%-4.7%+3.7%+2.1%-5.7%-5.0%-0.1%
EBITDA CAGR (3Y)---51.8%--10.3%+5.2%-17.4%
Profitability & leverage
Net income margin+1.5%-16.1%-4.1%-3.5%+0.8%+5.0%-0.7%
Return on capital employed+2.5%-7.3%-0.7%-3.8%+2.8%+6.5%+4.1%
Return on net worth+1.1%-13.6%-4.7%-6.5%+0.7%+4.0%+1.1%
Debt / equity0.260.390.520.520.530.590.64
Long-term debt / equity0.220.260.310.330.340.400.46
Interest cover140.69-25.63-185.88-60.4484.5446.96140.34
Efficiency & per share
Fixed asset turnover0.540.490.590.640.570.540.64
Inventory turnover6.956.937.086.696.656.296.13
Debtors turnover9.405.836.566.206.457.067.00
EPS (β‚Ή)2.11(21.16)(6.53)(6.08)1.267.16(1.15)
Dividend per share (β‚Ή)0.000.000.000.001.001.000.60
Book value per share (β‚Ή)152.09150.15160.45180.67187.74181.28174.73

Timeline of India Cements

5 dated milestones of India Cements across 78 years, from founding to its latest funding, stage changes and deals.

  1. Founded India Cements is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $150.0M.
  4. Funding Latest funding round, Post-IPO,.
  5. Exit Acquired by UltraTech Cement.

Competitors of India Cements

India Cements has 3 listed competitors in our database, 2 of them funded. They include Dalmia Bharat, Ambuja Cements and JSW Cement.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dalmiabharat.com1939Delhi, India39
Cement and sugar are produced by Dalmia Bharat.
ambujacement.com1983Mumbai, India$1.45M3,148
Cement and building materials are manufactured by Ambuja Cements.
jswcement.in2009Mumbai, India$193.28M1,296
Cement, aggregates, additives, and ready-mix concrete are manufactured.
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Web traffic of India Cements

The website of India Cements (indiacements.co.in) receives about 14.6K visits a month.

  • Monthly visits
    14.6K

    ▲ 147.4% vs previous month

Similar websites

Websites whose visitors overlap most with India Cements. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dalmiacement.com
100%
28.8K#965,028View details
ultratechcement.com
93%
1.8M#33,467View details
acclimited.com
90%
4KView details
ramcocements.in
88%
31.5K#941,872View details
zuaricements.com
87%
9.5K#2,354,463View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • 14 similar websites
  • Audience overlap
  • Engagement analytics
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Top companies in Building Materials

3 companies that operate in the same segment as India Cements (Building Materials) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, IndiaUSD 1.44 B11,790
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.79 B33,600
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India
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Frequently Asked Questions about India Cements

India Cements was founded in 1946 and raised its 1st funding round 61 years after it was founded.

India Cements is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

India Cements has 2,880 employees.

Annual revenue of India Cements is $476.74M as on Mar 31, 2026.

India Cements was established in 1946 as a key player in the building materials sector. Operations are centered in Chennai, India, with production facilities focused on cement and ready-mix concrete. These products are supplied to support infrastructure and construction projects across the country. The company maintains a domain at indiacements.co.in for business inquiries and resources. Activities emphasize standard manufacturing processes in the cement industry.

India Cements's top competitors include JSW Cement, Dalmia Bharat and Ambuja Cements.

India Cements offers Cement and Ready Mix Concrete.

Yes, India Cements is publicly traded on NSE under the ticker symbol INDIACEM.

India Cements has 3 investors. Key investors include Nomura, UltraTech Cement, and Aquarius Investment Advisors.

India Cements is associated with 4 legal entities: Coromandel Electric Company Limited, India Cements Capital Limited, India Cements Infrastructures Limited and others.

Yes. India Cements was acquired by UltraTech Cement in December 2024.

The legal entities of India Cements currently have 25 directors, including Subramanian Palaniappan, Sandhya Rajan, Rakesh Singh and others.

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