Mysore Cements

Gurugram, India Founded: 1959 • Age: 67 yrs Listed Acquired By HeidelbergCement
Cement and concrete products are manufactured in India.
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About Mysore Cements

Mysore Cements is a publicly listed company based in Gurugram (India) founded in 1959, and was acquired by HeidelbergCement in July 2006. Cement and concrete products are manufactured in India. The company has 977 employees. Its Indian entity Heidelbergcement India Limited. reported revenue of ₹2,361 Cr. Mysore Cements offers products and services including mycem Cement, mycem Power, and mycem Primo. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Diversified. Its competitors include JK Cement, Prism Johnson and Magicrete; 1 of its 3 listed competitors has raised funding.

Company details

Mysore Cements was established in 1959 as a manufacturer within the construction materials sector. Operations focus on the production of cement and related concrete products, supporting infrastructure and building needs. The company is headquartered in Gurugram, India, where manufacturing activities are conducted. Services encompass standard cement varieties and concrete solutions for domestic markets. Expansion efforts have been noted in regional distribution networks since inception.

  • Headquarters Gurugram, India
  • Employees 977
  • Stage Acquired
  • Sectors
    Real Estate & Construction
  • Phone
    •••• ••••
  • Website mycemco.com
  • Social LinkedIn Facebook
  • Acquired by HeidelbergCement (Jul 2006)
  • Legal Name Heidelbergcement India Limited.
Operational Areas
Real Estate & Construction → Building Materials
Key Metrics
  • Market Cap
    ₹2,761 Cr

    HEIDELBERG · NSE

  • Share Price
    ₹120.77

    -0.89% today

  • Revenue
    ₹2,330 Cr

    FY 2025-26 · +8.4% YoY

  • EBITDA
    ₹279 Cr

    Margin 12.0%

  • Net Profit
    ₹139 Cr

    FY 2025-26 · +30.1% YoY

  • P/E (TTM)
    24.1x

    P/B 2.2x

  • ROE
    9.7%

    ROCE 14.0%

  • Debt / Equity
    0.03

    Interest cover 10.5x

  • Latest Funding Round
    $219.56K (USD), Grant

    May 2018

  • Investors
    European Union

    & 1 more

  • Employee Count
    977
  • Acquired by
    HeidelbergCement

    (Jul 2006)

Products & Services of Mysore Cements

Mysore Cements offers a comprehensive portfolio of products and services, including mycem Cement, mycem Power, and mycem Primo.

mycem Cement
Cement Product

Standard cement for general construction and building applications

mycem Power
Specialized Cement

Enhanced cement for high-strength industrial uses

mycem Primo
Premium Cement

High-quality cement for durable infrastructure projects

Funding Insights of Mysore Cements

  • Total Rounds 1
  • Last Round Grant — $219,555
  • First Round $219,555

    (May 2018)

  • Investors Count 1

All 1 funding rounds of Mysore Cements with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018$219,555Grant––
European Union
Valuation history

2 investors in total: 2 institutional.

Investors in Mysore Cements

Mysore Cements has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Heidelberg Materials.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
European Union
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Heidelberg Materials
Cement and ready-mixed concrete products are manufactured worldwide.
1873heidelbergcement.comHeidelberg, Germany
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Investor details for Mysore Cements

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  • Round participation
  • Investor portfolios
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Board of directors of Heidelbergcement India Limited. (Mysore Cements)

Heidelbergcement India Limited. is the primary company behind Mysore Cements. The board of Heidelbergcement India Limited. currently have 6 directors; the longest-serving is Jyoti Narang, appointed in 2021. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jyoti Narang
DIN 00351187
Director18 Aug 20215 yrs 2 moHeidelbergcement India Limited.
Vimal Kumar Jain
DIN 09561918
Whole-time director10 Jun 20224 yrs 5 moHeidelbergcement India Limited.
Joydeep Mukherjee
DIN 06648469
Managing Director01 Apr 20233 yrs 7 moHeidelbergcement India Limited.
Atul Khosla
DIN 06476856
Director06 Nov 20233 yrsHeidelbergcement India Limited.
Roberto Callieri
DIN 05139888
Director14 Mar 20242 yrs 7 moHeidelbergcement India Limited.
Vimal Kumar Choudhary
DIN 02370072
Director28 May 20251 yr 5 moHeidelbergcement India Limited.

People of Mysore Cements

41 people are tracked at Mysore Cements (21 in leadership, 20 in team); the tracked headcount is 977.

NameRoleGroup
Joydeep Mukherjee
Managing DirectorLeadership
Gaurang Raval
Plant Head (jhs)Leadership
Rajesh Verma
Sr. General Manager - Plant Maintenance & Operations, ProjectsLeadership
Purnachander Molugu
Director - ProcurementLeadership
Amarjit Bhowmic
General Manager Procurement AF India LeadLeadership
Suresh Dube
Technical Cluster Head – Central IndiaLeadership
Poonam Sharma
Director - Human ResourcesLeadership
Khurana Mona
Assistant General Manager-human ResourcesLeadership
Pawan Duggal
Vice PresidentLeadership
Amit Angra
Vice President FinanceLeadership
Vimal Kumar Jain
Wholetime DirectorLeadership
Anil Sharma
Chief Financial OfficerLeadership
Ramesh Babu Sp
Assistant General Manager - TechnicalLeadership
Manish M.
General Manager Power PlantLeadership
Rahul Paul
Executive Assistant To Managing DirectorLeadership
Arun Rai
General Manager (logistics Head)Leadership
Sujit Mallick
Sr General Manager HR & Admn.Leadership
Nitin Gupta
General ManagerLeadership
Kanika Gupta Kuthiala
Assistant General ManagerLeadership
Vikas Baghel
Deputy General ManagerLeadership

21 more people are available in the full profile.

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Complete people profiles for Mysore Cements

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IPO & Listings of Mysore Cements

Mysore Cements is a publicly listed company on the NSE with ticker symbol HEIDELBERG 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 date15 Mar 1995
  • Listed onNSE: HEIDELBERG
  • Listed entityHeidelbergcement India Limited.
  • Exchange sectorNon-energy minerals
  • ISININE578A01017
  • Share price₹125.53 (+0.35% on the day) · 2026-10-14
  • Market capitalisation₹2,836 Cr
  • Price to earnings24.5
  • EPS (diluted, trailing year)₹5.13
  • Dividend yield5.59%
  • Volume (last session)72,168

Financials of Mysore Cements

Exchange-reported figures of Heidelbergcement India Limited., the listed company behind Mysore Cements (NSE: HEIDELBERG).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹2,330 Cr
+8.4% YoY
EBITDA
₹279 Cr
+16.5% YoY
Profit After Tax
₹139 Cr
+30.1% YoY
Net Worth
₹1,372 Cr
-1.7% YoY
Total Assets
₹1,399 Cr
-5.8% YoY
Total Debt
₹14.23 Cr
-81.1% 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
Revenue2,3302,1492,3662,2382,2972,1172,170
Revenue growth+8.4%-9.2%+5.7%-2.6%+8.5%-2.4%-
EBITDA279239317249435507528
EBITDA margin+12.0%+11.1%+13.4%+11.1%+18.9%+23.9%+24.3%
Profit before tax184146227136335391398
Net profit13910716799.10252313268
Net profit margin+6.0%+5.0%+7.1%+4.4%+11.0%+14.8%+12.4%
EPS (₹)5.914.717.404.3811.1313.9011.83
Balance sheet
Total assets1,3991,4841,6231,6671,8061,8581,799
Net worth1,3721,3951,4701,4611,5651,4941,315
Total debt14.2375.41137182199306413
Cash & bank408478555492382432471
Net working capital91.91153308329384203220
Cash flow
Cash from operations198265350226302439459
Cash from investing(341)(72.54)(47.91)144(35.00)(173)(14.10)
Cash from financing(244)(271)(242)(267)(328)(304)(314)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue568628646574512598612543
Revenue growth (YoY)+11.0%+5.1%+5.5%+5.8%+10.9%+12.3%--
Other income6.676.297.236.058.969.4411.219.36
Total expenses520561562526454509522510
EBITDA48.1766.8184.4348.3857.5388.5290.6433.28
EBITDA margin+8.5%+10.6%+13.1%+8.4%+11.2%+14.8%+14.8%+6.1%
Depreciation29.0928.9827.3327.6726.9627.0727.2427.94
Interest3.143.151.134.276.066.305.057.15
Profit before tax22.6140.9763.2022.4933.4764.5969.567.55
Tax5.8410.4217.996.898.5416.3619.112.36

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue568628646574512598612543
Revenue growth (YoY)+11.0%+5.1%+5.5%+5.8%+10.9%+12.3%--
Other income6.676.297.236.058.969.4411.219.36
Total expenses520561562526454509522510
EBITDA48.1766.8184.4348.3857.5388.5290.6433.28
EBITDA margin+8.5%+10.6%+13.1%+8.4%+11.2%+14.8%+14.8%+6.1%
Depreciation29.0928.9827.3327.6726.9627.0727.2427.94
Interest3.143.151.134.276.066.305.057.15
Profit before tax22.6140.9763.2022.4933.4764.5969.567.55
Tax5.8410.4217.996.898.5416.3619.112.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,3302,1492,3662,2382,2972,1172,170
Revenue growth+8.4%-9.2%+5.7%-2.6%+8.5%-2.4%-
Other income31.6845.4754.5245.2949.0746.4652.73
Total expenses2,0511,9092,0491,9891,8621,6101,642
Employee cost170157153133131127131
EBITDA279239317249435507528
EBITDA margin+12.0%+11.1%+13.4%+11.1%+18.9%+23.9%+24.3%
Depreciation109110110112112111109
Interest17.7629.2934.7646.0636.4450.8573.85
Profit before tax184146227136335391398
Tax49.7839.0659.0636.6082.8776.27130
Net profit13910716799.10252313268
Net profit margin+6.0%+5.0%+7.1%+4.4%+11.0%+14.8%+12.4%
EPS (₹)5.914.717.404.3811.1313.9011.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital227227227227227227227
Reserves & surplus1,1451,1691,2431,2351,3391,2671,088
Shareholders' funds (net worth)1,3721,3951,4701,4611,5651,4941,315
Secured loans0.0064.87125174190174160
Unsecured loans14.2310.5411.967.898.53132253
Total debt14.2375.41137182199306413
Total liabilities1,3991,4841,6231,6671,8061,8581,799
Assets
Gross block2,5122,3642,3232,3022,2652,2202,195
Net block1,3921,3461,4101,4901,5621,6181,693
Capital work in progress10.2711027.665.8327.0018.9115.99
Investments20.4520.4514.084.804.800.000.00
Inventories159171176175173161146
Sundry debtors59.6457.1855.0231.1239.9933.3225.67
Cash & bank balances408478555492382432471
Loans & advances316307356414589371382
Total current assets9421,0131,1411,1131,1849961,024
Total current liabilities850860833784800794804
Net working capital91.91153308329384203220
Total assets1,3991,4841,6231,6671,8061,8581,799
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash454533473369430468337
Net cash from operating activities198265350226302439459
Net cash from investing activities(341)(72.54)(47.91)144(35.00)(173)(14.10)
Net cash from financing activities(244)(271)(242)(267)(328)(304)(314)
Net change in cash(386)(79.18)59.85104(61.32)(37.62)131
Closing cash408478555492382432471
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.4%-9.2%+5.7%-2.6%+8.5%-2.4%-
EBITDA growth+16.5%-24.4%+27.3%-42.7%-14.2%-4.0%-
PBT growth+26.0%-35.7%+67.1%-59.5%-14.3%-1.7%+16.5%
Net income growth+30.1%-36.1%+69.0%-60.6%-19.5%+16.7%-
Revenue CAGR (3Y)+1.3%-2.2%+3.8%+1.0%+2.5%+3.9%+8.1%
EBITDA CAGR (3Y)+3.9%-18.0%-14.5%-22.2%-3.5%+11.7%+23.7%
Profitability & leverage
Net income margin+5.8%+5.0%+7.1%+4.4%+11.0%+14.9%+12.4%
Return on capital employed+14.0%+11.3%+15.9%+10.5%+20.3%+24.2%+26.4%
Return on net worth+9.7%+7.5%+11.5%+6.6%+16.5%+22.4%+21.6%
Debt / equity0.030.070.110.130.170.260.37
Long-term debt / equity0.010.030.060.090.110.170.27
Interest cover10.4622.6016.7933.7311.3012.8517.62
Efficiency & per share
Fixed asset turnover0.960.921.020.981.020.961.00
Inventory turnover14.1112.3913.4812.8513.7613.8113.86
Debtors turnover39.8838.3054.9362.9562.6671.7685.10
EPS (₹)5.914.717.404.3811.1313.9011.83
Dividend per share (₹)7.007.008.007.009.008.007.50
Book value per share (₹)60.5461.5664.8664.4969.0765.9258.01

Timeline of Mysore Cements

4 dated milestones of Mysore Cements across 59 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mysore Cements is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Exit Acquired by HeidelbergCement.
  4. Funding First funding round of $220K.

Competitors of Mysore Cements

Mysore Cements has 3 listed competitors in our database, 1 of them funded. They include JK Cement, Prism Johnson and Magicrete.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
JK Cement
jkcement.com1975Kanpur, India4,196
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
Prism Johnson
prismjohnson.in1992Hyderabad, India108
Manufacturer and supplier of building materials
Magicrete
magicrete.in2008Surat, India$18.13M
AAC blocks, construction chemicals, and precast solutions are manufactured.
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Detailed competitors of Mysore Cements

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Web traffic of Mysore Cements

The website of Mysore Cements (mycemco.com) receives about 9.8K visits a month.

  • Monthly visits
    9.8K

    ▲ 4.4% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
nuvonirmaan.com
nuvonirmaan.com
100%
#1,280,158–
JSW Cement
jswcement.in
93%
36.8K#891,423View details
The Ramco Cements
ramcocements.in
93%
31.5K#941,872View details
Cement
cement.org
92%
48K#696,678View details
Civil Engineering Calculators
civil-engineering-calculators.com
91%
#654,950View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 23 similar websites and full traffic analytics for Mysore Cements

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Top companies in Building Materials

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
JK Cement
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, IndiaUSD 1.44 B9,047
Asian Paints
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.87 B10
Jaquar
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India
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Related news about Mysore Cements

HEIDELBERG: Q2 EBITDA 481M RUPEES VS 575M (YOY); Q2 EBITDA MARGIN 8.5% VS 11.2% (YOY)
Exchange Update • 11 days ago
HEIDELBERG: Q2 SL NET PROFIT 168M RUPEES VS 249M (YOY)
Exchange Update • 11 days ago
HeidelbergCement India: Signs 50-Year Deal For 63 Million Tonnes Limestone In Madhya Pradesh
Exchange Update • 1 month ago
Heidelberg Materials may consider divesting Indian business, CEO says
Reuters • 3 months ago
HEIDELBERG: Revenue up 5.1% year-over-year, but profit fell 36.7% on higher costs and margin pressure
Quartr • 3 months ago
Heidelbergcement India June-Quarter Net Profit 305.5 Million Rupees
Reuters • 3 months ago
HEIDELBERG: Strong EBITDA and PAT growth, debt-free status, and robust demand outlook despite cost pressures
Quartr • 5 months ago
HEIDELBERG: Strong EBITDA and PAT growth, robust demand outlook, and strategic CapEx for expansion
Quartr • 5 months ago
HEIDELBERG: Strong profit growth, debt-free status, and robust ESG progress mark FY26 performance
Quartr • 5 months ago
Heidelbergcement India March-Quarter Net Profit 452.1 Million Rupees
Reuters • 5 months ago
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Frequently Asked Questions about Mysore Cements

Mysore Cements was founded in 1959 and raised its 1st funding round 59 years after it was founded.

Mysore Cements is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Mysore Cements has 977 employees.

The primary company behind Mysore Cements, Heidelbergcement India Limited., reported revenue of ₹2,361 Cr for FY 2026, up 8% year on year.

Mysore Cements was established in 1959 as a manufacturer within the construction materials sector. Operations focus on the production of cement and related concrete products, supporting infrastructure and building needs. The company is headquartered in Gurugram, India, where manufacturing activities are conducted. Services encompass standard cement varieties and concrete solutions for domestic markets. Expansion efforts have been noted in regional distribution networks since inception.

Mysore Cements's top competitors include JK Cement, Prism Johnson and Magicrete.

Mysore Cements offers mycem Cement, mycem Power, and mycem Primo.

Yes, Mysore Cements is publicly traded on NSE under the ticker symbol HEIDELBERG.

Mysore Cements has 2 investors. Key investors include European Union, and Heidelberg Materials.

Mysore Cements operates through Heidelbergcement India Limited..

Yes. Mysore Cements was acquired by HeidelbergCement in July 2006.

The legal entities of Mysore Cements currently have 8 directors, including Vimal Kumar Jain, Roberto Callieri, Vimal Kumar Choudhary and others.

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