About The India Cements Limited
Data last updated: 15 April 2026
The India Cements Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in cement and cement products, a part of the broader manufacturing sector. Incorporated on 21 February 1946, the company has been in operation for over 80 years.
Registered with ROC Chennai under CIN L26942TN1946PLC000931. Listed on BSE: 530005 and NSE: INDIACEM.
Capital: an authorised share capital of ₹587.55 Cr and a paid-up capital of ₹309.9 Cr. It is led by directors including Alka Marezban Bharucha and Krishnan Skandan.
Last AGM: 13 August 2025. Financial statements filed for year ended 31 March 2025. Office: Dhunbuilding827 Annasalai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,357.31 Cr, a decline of 14% compared to the previous year.
The company has a workforce of approximately 1,727 employees as per the latest available data. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand - India Cements. As per MCA filings, the company has open charges of ₹3,125.89 Cr and satisfied charges of ₹15,366 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiacements.co.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressDhunbuilding827 Annasalai, Chennai, Tamil Nadu, India – 600002
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IndustryManufacturing, Cement & Cement Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of The India Cements Limited
The India Cements Limited has one previous CIN (Corporate Identification Number): U26942TN1946PLC000931. The current CIN is L26942TN1946PLC000931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26942TN1946PLC000931 | Current |
| U26942TN1946PLC000931 | Previous |
Associated Brands with The India Cements Limited
The India Cements Limited operates one associated brand: India Cements. These brands represent The India Cements Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cement and ready-mix concrete are manufactured for construction needs. | indiacements.co.in |
Competitors & Alternatives of The India Cements Limited
Brands and companies operating in the same space as The India Cements Limited include Sagar Cements, JSW Cement, Wonder Cement and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Cement production is managed by Sagar Cements in India. | Hyderabad, India, India | 1985 |
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Cement, aggregates, additives, and ready-mix concrete are manufactured. | Mumbai, India, India | 2009 |
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Manufacturer of cement materials | Udaipur, India, India | 2007 |
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Cement and sugar are produced by Dalmia Bharat. | Delhi, India, India | 1939 |
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Cement is manufactured by Ash Grove in the United States. | Overland Park, United States, United States | 1882 |
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Cement is manufactured and supplied by Shree Cement in India. | Kolkata, India, India | 1979 |
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Cement and building materials are manufactured by Ambuja Cements. | Mumbai, India, India | 1983 |
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Cement is manufactured by Orient Cement in India. | Hyderabad, India, India | 1979 |
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Star Cement is recognized as a leading cement manufacturer in Eastern India. | Kolkata, India, India | 2001 |
Business Activity of The India Cements Limited
The India Cements Limited is engaged in multiple principal business activities such as manufacturing, transport and storage, and electricity, gas, steam and air condition supply, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products, water transport, electric power generation, transmission and distribution. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
| H | Transport and storage | H3 | Water transport | ********* |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | ********* |
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of The India Cements Limited
The India Cements Limited is audited by Brahmayya & Co. (ICAI peer reviewed, certificate valid till 2027-04-30); S. Viswanathan LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Brahmayya & Co. (ICAI peer reviewed, certificate valid till 2027-04-30); S. Viswanathan LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of The India Cements Limited
The India Cements Limited is currently managed by 13 directors, with 52 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alka Marezban Bharucha | Director | 25 Dec 2024 | 1 Years 6 Months | Current |
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Krishnan Skandan
Also directs:
Connectin Advisors Llp, Dynavision Limited, Atulyam Nutrifood And Energy Products Private Limited and 2 more
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Director | 27 Jan 2021 | 5 Years 5 Months | Current |
| Viswanatha Yerur | Nominee Director | 07 Aug 2023 | 2 Years 11 Months | Current |
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Raj Narayanan Eachambadi Raghavan
Also directs:
Industrial Chemicals And Monomers Limited, Icl International Limited, Icl Financial Services Limited and 3 more
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Director | 25 Dec 2024 | 1 Years 6 Months | Current |
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Sukanya Kripalu Anand
Also directs:
Hindalco Industries Limited, Aditya Birla Real Estate Limited, Colgate-Palmolive (India) Limited and 5 more
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Director | 25 Dec 2024 | 1 Years 6 Months | Current |
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Vikas Balia
Also directs:
Ultratech Cement Limited, Hindalco Industries Limited, Ideaforge Technology Limited and 3 more
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Director | 25 Dec 2024 | 1 Years 6 Months | Current |
Financials of The India Cements Limited FY 2026 filings available
The India Cements Limited reported revenue of ₹4,484.69 Cr (up 8.1% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,484.69 Cr | ₹4,148.78 Cr | ₹5,112.24 Cr | ₹5,608.14 Cr | ₹4,858.35 Cr | ₹4,510.55 Cr | ₹5,186.45 Cr |
| Other Income | ₹87.66 Cr | ₹208.53 Cr | ₹64.74 Cr | ₹40.11 Cr | ₹24.39 Cr | ₹40.45 Cr | ₹41.67 Cr |
| Total Income | ₹4,572.35 Cr | ₹4,357.31 Cr | ₹5,176.98 Cr | ₹5,648.25 Cr | ₹4,882.74 Cr | ₹4,551 Cr | ₹5,228.12 Cr |
| Cost of Materials Consumed | ₹1,003.75 Cr | ₹832.12 Cr | ₹973.59 Cr | ₹1,054.72 Cr | ₹827.53 Cr | ₹731.99 Cr | ₹981.19 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹50.26 Cr | ₹72.01 Cr | ₹105.41 Cr | ₹37.65 Cr | ₹16 Lakh | ₹28.74 Cr |
| Changes in Inventories | -₹8.73 Cr | ₹24.15 Cr | ₹41.58 Cr | -₹49.84 Cr | -₹28.26 Cr | ₹76.69 Cr | -₹24.65 Cr |
| Employee Benefit Expense | ₹242.85 Cr | ₹376.98 Cr | ₹381.55 Cr | ₹365.44 Cr | ₹340.05 Cr | ₹337.8 Cr | ₹358.96 Cr |
| Finance Costs | ₹99.33 Cr | ₹266 Cr | ₹243.65 Cr | ₹241.68 Cr | ₹197.66 Cr | ₹271.01 Cr | ₹343.19 Cr |
| Depreciation & Amortisation | ₹299.12 Cr | ₹239.44 Cr | ₹225.57 Cr | ₹219.27 Cr | ₹225.53 Cr | ₹246.6 Cr | ₹255.9 Cr |
| Other Expenses | ₹2,850.31 Cr | ₹3,247.49 Cr | ₹3,544.49 Cr | ₹4,275.51 Cr | ₹3,197.11 Cr | ₹2,576.09 Cr | ₹3,247.4 Cr |
| Total Expenses | ₹4,486.63 Cr | ₹5,036.44 Cr | ₹5,482.44 Cr | ₹6,212.19 Cr | ₹4,797.27 Cr | ₹4,240.34 Cr | ₹5,190.73 Cr |
| Profit Before Exceptional Items & Tax | ₹85.72 Cr | -₹679.13 Cr | -₹305.46 Cr | -₹563.94 Cr | ₹85.47 Cr | ₹310.66 Cr | ₹37.39 Cr |
| Exceptional Items | -₹149.19 Cr | ₹507.79 Cr | ₹42.09 Cr | ₹186.17 Cr | ₹0 | ₹0 | -₹13.78 Cr |
| Profit Before Tax | -₹63.47 Cr | -₹171.34 Cr | -₹263.37 Cr | -₹377.77 Cr | ₹85.47 Cr | ₹310.66 Cr | ₹23.61 Cr |
| Total Tax Expense | ₹2.24 Cr | -₹58.49 Cr | -₹47.61 Cr | -₹207.95 Cr | ₹19.49 Cr | ₹102.21 Cr | -₹29.85 Cr |
| Net Profit | -₹67.25 Cr | -₹143.69 Cr | -₹227.34 Cr | -₹126.89 Cr | ₹78.46 Cr | ₹206.77 Cr | ₹50.16 Cr |
| attributable to Owners | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | -₹2.62 Cr | ₹4,892.31 Cr | ₹39 Lakh | ₹1.58 Cr | ₹198.1 Cr | ₹10.33 Cr | ₹234.26 Cr |
| Total Comprehensive Income | -₹69.87 Cr | ₹4,748.62 Cr | -₹226.95 Cr | -₹125.31 Cr | ₹276.56 Cr | ₹217.1 Cr | ₹284.42 Cr |
| EBITDA (computed) | ₹484.17 Cr | -₹173.69 Cr | ₹163.76 Cr | -₹102.99 Cr | ₹508.66 Cr | ₹828.27 Cr | ₹636.48 Cr |
| Basic EPS | ₹-2.17 | ₹153.85 | ₹-7.32 | ₹-4.04 | ₹8.92 | ₹7.01 | ₹9.18 |
| Diluted EPS | ₹-2.17 | ₹153.85 | ₹-7.32 | ₹-4.04 | ₹8.92 | ₹7.01 | ₹9.18 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹13,403 Cr | ₹13,830 Cr | ₹10,701 Cr | ₹11,467 Cr |
| Non-current Assets | ₹11,819 Cr | ₹12,120 Cr | ₹7,913.74 Cr | ₹8,040.36 Cr |
| Current Assets | ₹1,456.53 Cr | ₹1,592.23 Cr | ₹2,739.54 Cr | ₹3,359.66 Cr |
| Property, Plant & Equipment | ₹11,179 Cr | ₹11,572 Cr | ₹6,746.08 Cr | ₹6,671.51 Cr |
| Inventories | ₹734.22 Cr | ₹556.2 Cr | ₹630.51 Cr | ₹784.66 Cr |
| Trade Receivables | ₹248.48 Cr | ₹659.21 Cr | ₹699.41 Cr | ₹824.53 Cr |
| Cash & Equivalents | ₹13.76 Cr | ₹103.1 Cr | ₹84.22 Cr | ₹64.87 Cr |
| Equity (Net Worth) | ₹10,124 Cr | ₹10,196 Cr | ₹5,599.29 Cr | ₹5,826.75 Cr |
| Equity Share Capital | ₹309.9 Cr | ₹309.9 Cr | ₹309.9 Cr | ₹309.9 Cr |
| Borrowings (Non-current) | ₹976.29 Cr | ₹1,070.63 Cr | ₹1,420.41 Cr | ₹1,801.24 Cr |
| Borrowings (Current) | ₹328.52 Cr | ₹94.52 Cr | ₹1,197.83 Cr | ₹1,138.29 Cr |
| Total Debt (computed) | ₹1,304.81 Cr | ₹1,165.15 Cr | ₹2,618.24 Cr | ₹2,939.53 Cr |
| Current Liabilities | ₹1,575.7 Cr | ₹1,250.48 Cr | ₹2,796.76 Cr | ₹2,826.55 Cr |
| Total Liabilities | ₹3,278.79 Cr | ₹3,634.02 Cr | ₹5,101.34 Cr | ₹5,640.47 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹26.74 Cr | -₹256.22 Cr | ₹343.9 Cr | -₹19.46 Cr | ₹438.98 Cr |
| Investing Cash Flow | -₹102.93 Cr | ₹2,014.6 Cr | ₹247.91 Cr | ₹434.85 Cr | -₹250.12 Cr |
| Financing Cash Flow | ₹40.33 Cr | -₹1,738.47 Cr | -₹572.46 Cr | -₹396.82 Cr | -₹182.7 Cr |
| Capital Expenditure | ₹222.67 Cr | ₹62.43 Cr | ₹127.33 Cr | ₹57.68 Cr | ₹168.46 Cr |
| Free Cash Flow (computed) | -₹249.41 Cr | -₹318.65 Cr | ₹216.57 Cr | -₹77.14 Cr | ₹270.52 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹9 Lakh | ₹28.95 Cr | ₹29 Cr |
| Net Change in Cash | -₹89.34 Cr | ₹19.91 Cr | ₹19.35 Cr | ₹18.57 Cr | ₹6.16 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,228.65 Cr | ₹1,114.26 Cr | ₹1,117.04 Cr | ₹1,024.74 Cr | ₹1,197.3 Cr | ₹940.81 Cr | ₹1,031.8 Cr | ₹1,026.76 Cr | ₹1,266.65 Cr | ₹1,144.46 Cr | ₹1,264.39 Cr | ₹1,436.74 Cr |
| Other Income | ₹25.85 Cr | ₹23.7 Cr | ₹29 Cr | ₹9.11 Cr | ₹26.31 Cr | ₹46.37 Cr | ₹158.95 Cr | ₹15.51 Cr | ₹20.21 Cr | ₹29.38 Cr | ₹8.02 Cr | ₹7.13 Cr |
| Total Income | ₹1,254.5 Cr | ₹1,137.96 Cr | ₹1,146.04 Cr | ₹1,033.85 Cr | ₹1,223.61 Cr | ₹987.18 Cr | ₹1,190.75 Cr | ₹1,042.27 Cr | ₹1,286.86 Cr | ₹1,173.84 Cr | ₹1,272.41 Cr | ₹1,443.87 Cr |
| Cost of Materials Consumed | ₹322.53 Cr | ₹247.63 Cr | ₹214.26 Cr | ₹219.34 Cr | ₹252.42 Cr | ₹200.92 Cr | ₹214.39 Cr | ₹201.12 Cr | ₹250.54 Cr | ₹206.6 Cr | ₹243.04 Cr | ₹273.41 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.06 Cr | ₹18.15 Cr | ₹54 Lakh | ₹30.51 Cr | ₹38 Lakh | ₹31.9 Cr | ₹16.53 Cr | ₹23.2 Cr |
| Changes in Inventories | ₹15.47 Cr | -₹6.57 Cr | ₹43.61 Cr | -₹61.23 Cr | -₹26.33 Cr | ₹17.33 Cr | ₹29.15 Cr | ₹4 Cr | -₹7 Lakh | ₹14.68 Cr | -₹59 Lakh | ₹27.56 Cr |
| Employee Benefit Expense | ₹62.89 Cr | ₹59.89 Cr | ₹57.81 Cr | ₹62.26 Cr | ₹89.65 Cr | ₹87.51 Cr | ₹96.13 Cr | ₹106.61 Cr | ₹99.75 Cr | ₹87.89 Cr | ₹100.13 Cr | ₹93.78 Cr |
| Finance Costs | ₹23.38 Cr | ₹24.1 Cr | ₹25.27 Cr | ₹26.58 Cr | ₹38.06 Cr | ₹73.38 Cr | ₹73.33 Cr | ₹82.36 Cr | ₹64.69 Cr | ₹60.39 Cr | ₹60.39 Cr | ₹58.18 Cr |
| Depreciation & Amortisation | ₹75.86 Cr | ₹74.73 Cr | ₹74.47 Cr | ₹74.06 Cr | ₹74.85 Cr | ₹55.25 Cr | ₹55.12 Cr | ₹56.45 Cr | ₹58.06 Cr | ₹58.07 Cr | ₹54.99 Cr | ₹54.45 Cr |
| Other Expenses | ₹674.66 Cr | ₹734.25 Cr | ₹720.22 Cr | ₹721.18 Cr | ₹883.5 Cr | ₹806.99 Cr | ₹854.32 Cr | ₹709.19 Cr | ₹878.49 Cr | ₹754.62 Cr | ₹900.87 Cr | ₹1,010.51 Cr |
| Total Expenses | ₹1,174.79 Cr | ₹1,134.03 Cr | ₹1,135.64 Cr | ₹1,042.19 Cr | ₹1,313.21 Cr | ₹1,259.53 Cr | ₹1,322.98 Cr | ₹1,190.24 Cr | ₹1,351.84 Cr | ₹1,214.15 Cr | ₹1,375.36 Cr | ₹1,541.09 Cr |
| Profit Before Exceptional Items & Tax | ₹79.71 Cr | ₹3.93 Cr | ₹10.4 Cr | -₹8.34 Cr | -₹89.6 Cr | -₹272.35 Cr | -₹132.23 Cr | -₹147.97 Cr | -₹64.98 Cr | -₹40.31 Cr | -₹102.95 Cr | -₹97.22 Cr |
| Exceptional Items | -₹10.94 Cr | -₹8.47 Cr | -₹6.01 Cr | -₹123.77 Cr | ₹90.11 Cr | ₹366.15 Cr | -₹223.24 Cr | ₹240.68 Cr | ₹15.88 Cr | ₹26.21 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹68.77 Cr | -₹4.54 Cr | ₹4.39 Cr | -₹132.11 Cr | ₹51 Lakh | ₹93.8 Cr | -₹355.47 Cr | ₹92.71 Cr | -₹49.1 Cr | -₹14.1 Cr | -₹102.95 Cr | -₹97.22 Cr |
| Total Tax Expense | ₹9.27 Cr | -₹1.87 Cr | -₹4.42 Cr | -₹74 Lakh | -₹24.09 Cr | -₹39.47 Cr | -₹16.32 Cr | ₹21.38 Cr | ₹96 Lakh | -₹7.52 Cr | -₹17.41 Cr | -₹23.64 Cr |
| Net Profit | ₹59.5 Cr | -₹2.67 Cr | ₹8.81 Cr | -₹132.91 Cr | ₹14.68 Cr | ₹122.3 Cr | -₹339.13 Cr | ₹58.47 Cr | -₹60.55 Cr | ₹67 Lakh | -₹80.07 Cr | -₹87.4 Cr |
| attributable to Owners | - | - | ₹0 | - | - | ₹0 | - | - | - | - | ₹0 | - |
| attributable to NCI | - | - | ₹0 | - | - | ₹0 | - | - | - | - | ₹0 | - |
| Other Comprehensive Income | ₹1.27 Cr | -₹6.85 Cr | ₹56 Lakh | ₹2.39 Cr | ₹1.14 Cr | ₹4,910.71 Cr | -₹18.9 Cr | -₹64 Lakh | ₹1.5 Cr | -₹84 Lakh | ₹87 Lakh | -₹1.15 Cr |
| Total Comprehensive Income | ₹60.77 Cr | -₹9.52 Cr | ₹9.37 Cr | -₹130.52 Cr | ₹15.82 Cr | ₹5,033.01 Cr | -₹358.03 Cr | ₹57.83 Cr | -₹59.05 Cr | -₹17 Lakh | -₹79.2 Cr | -₹88.55 Cr |
| EBITDA (computed) | ₹178.95 Cr | ₹102.76 Cr | ₹110.14 Cr | ₹92.3 Cr | ₹23.31 Cr | -₹143.72 Cr | -₹3.78 Cr | -₹9.16 Cr | ₹57.77 Cr | ₹78.15 Cr | ₹12.43 Cr | ₹15.41 Cr |
| Basic EPS | ₹1.92 | ₹-0.09 | ₹0.28 | ₹-4.21 | ₹0.69 | ₹162.95 | ₹-11.55 | ₹1.87 | ₹-1.91 | ₹0.00 | ₹-2.56 | ₹-2.86 |
| Diluted EPS | ₹1.92 | ₹-0.09 | ₹0.28 | ₹-4.21 | ₹0.69 | ₹162.95 | ₹-11.55 | ₹1.87 | ₹-1.91 | ₹0.00 | ₹-2.56 | ₹-2.86 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,484.69 Cr | ₹4,088.47 Cr | ₹4,942.43 Cr | ₹5,380.81 Cr | ₹4,713.11 Cr | ₹4,436.67 Cr | ₹5,057.54 Cr |
| Other Income | ₹96.28 Cr | ₹50.27 Cr | ₹54.32 Cr | ₹34.27 Cr | ₹16.72 Cr | ₹23.45 Cr | ₹27.74 Cr |
| Total Income | ₹4,580.97 Cr | ₹4,138.74 Cr | ₹4,996.75 Cr | ₹5,415.08 Cr | ₹4,729.83 Cr | ₹4,460.12 Cr | ₹5,085.28 Cr |
| Cost of Materials Consumed | ₹1,003.75 Cr | ₹832.12 Cr | ₹882.57 Cr | ₹947.92 Cr | ₹784.87 Cr | ₹701.5 Cr | ₹925.88 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹3.01 Cr | ₹1.11 Cr | ₹38.82 Cr | ₹3 Lakh | ₹6 Lakh | ₹40 Lakh |
| Changes in Inventories | -₹8.73 Cr | ₹23.55 Cr | ₹41.54 Cr | -₹49.91 Cr | -₹28.15 Cr | ₹76.61 Cr | -₹24.66 Cr |
| Employee Benefit Expense | ₹242.18 Cr | ₹375.62 Cr | ₹374.69 Cr | ₹358.32 Cr | ₹332.19 Cr | ₹331.03 Cr | ₹349.89 Cr |
| Finance Costs | ₹99.33 Cr | ₹276.65 Cr | ₹240.44 Cr | ₹234.16 Cr | ₹204.02 Cr | ₹264.95 Cr | ₹334.47 Cr |
| Depreciation & Amortisation | ₹299.12 Cr | ₹239.43 Cr | ₹219.63 Cr | ₹212.99 Cr | ₹219.79 Cr | ₹241.9 Cr | ₹246.85 Cr |
| Other Expenses | ₹2,849.54 Cr | ₹3,236.86 Cr | ₹3,533.53 Cr | ₹4,260.14 Cr | ₹3,163.05 Cr | ₹2,521.36 Cr | ₹3,220.82 Cr |
| Total Expenses | ₹4,485.19 Cr | ₹4,987.24 Cr | ₹5,293.51 Cr | ₹6,002.44 Cr | ₹4,675.8 Cr | ₹4,137.41 Cr | ₹5,053.65 Cr |
| Profit Before Exceptional Items & Tax | ₹95.78 Cr | -₹848.5 Cr | -₹296.76 Cr | -₹587.36 Cr | ₹54.03 Cr | ₹322.71 Cr | ₹31.63 Cr |
| Exceptional Items | -₹28.21 Cr | ₹54.13 Cr | ₹42.09 Cr | ₹180.45 Cr | ₹0 | ₹0 | -₹100.04 Cr |
| Profit Before Tax | ₹67.57 Cr | -₹794.37 Cr | -₹254.67 Cr | -₹406.91 Cr | ₹54.03 Cr | ₹322.71 Cr | -₹68.41 Cr |
| Total Tax Expense | ₹2.25 Cr | -₹126.81 Cr | -₹52.15 Cr | -₹218.36 Cr | ₹15.05 Cr | ₹100.67 Cr | -₹32.9 Cr |
| Net Profit | ₹65.32 Cr | -₹667.56 Cr | -₹202.52 Cr | -₹188.55 Cr | ₹38.98 Cr | ₹222.04 Cr | -₹35.51 Cr |
| attributable to Owners | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | -₹5.36 Cr | ₹4,891.82 Cr | ₹2.66 Cr | ₹33 Lakh | ₹192.13 Cr | -₹40 Lakh | ₹240.61 Cr |
| Total Comprehensive Income | ₹59.96 Cr | ₹4,224.26 Cr | -₹199.86 Cr | -₹188.22 Cr | ₹231.11 Cr | ₹221.64 Cr | ₹205.1 Cr |
| EBITDA (computed) | ₹494.23 Cr | -₹332.42 Cr | ₹163.31 Cr | -₹140.21 Cr | ₹477.84 Cr | ₹829.56 Cr | ₹612.95 Cr |
| Basic EPS | ₹2.11 | ₹136.31 | ₹-6.45 | ₹-6.07 | ₹7.46 | ₹7.15 | ₹6.62 |
| Diluted EPS | ₹2.11 | ₹136.31 | ₹-6.45 | ₹-6.07 | ₹7.46 | ₹7.15 | ₹6.62 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹13,305 Cr | ₹13,640 Cr | ₹10,445 Cr | ₹11,186 Cr |
| Non-current Assets | ₹11,848 Cr | ₹11,988 Cr | ₹7,880.88 Cr | ₹7,987.09 Cr |
| Current Assets | ₹1,426.88 Cr | ₹1,537.95 Cr | ₹2,527.86 Cr | ₹3,142.62 Cr |
| Property, Plant & Equipment | ₹11,179 Cr | ₹11,414 Cr | ₹6,564.63 Cr | ₹6,484.37 Cr |
| Inventories | ₹734.22 Cr | ₹555.61 Cr | ₹621.82 Cr | ₹774.82 Cr |
| Trade Receivables | ₹248.48 Cr | ₹659.21 Cr | ₹693.01 Cr | ₹814.12 Cr |
| Cash & Equivalents | ₹13.47 Cr | ₹73.82 Cr | ₹13.56 Cr | ₹15.72 Cr |
| Equity (Net Worth) | ₹10,027 Cr | ₹9,623.26 Cr | ₹5,399.01 Cr | ₹5,598.87 Cr |
| Equity Share Capital | ₹309.9 Cr | ₹309.9 Cr | ₹309.9 Cr | ₹309.9 Cr |
| Borrowings (Non-current) | ₹976.28 Cr | ₹1,070.63 Cr | ₹1,420.41 Cr | ₹1,799.24 Cr |
| Borrowings (Current) | ₹328.51 Cr | ₹94.52 Cr | ₹1,187.15 Cr | ₹1,119.32 Cr |
| Total Debt (computed) | ₹1,304.79 Cr | ₹1,165.15 Cr | ₹2,607.56 Cr | ₹2,918.56 Cr |
| Current Liabilities | ₹1,575.17 Cr | ₹1,632.91 Cr | ₹2,741.06 Cr | ₹2,775.7 Cr |
| Total Liabilities | ₹3,278.29 Cr | ₹4,016.36 Cr | ₹5,046.14 Cr | ₹5,586.77 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹32.94 Cr | ₹60.21 Cr | ₹309.85 Cr | -₹10.62 Cr | ₹369.85 Cr |
| Investing Cash Flow | -₹68.5 Cr | ₹1,730.09 Cr | ₹245.97 Cr | ₹429.45 Cr | -₹206.46 Cr |
| Financing Cash Flow | ₹40.3 Cr | -₹1,729 Cr | -₹557.98 Cr | -₹404.93 Cr | -₹168.33 Cr |
| Capital Expenditure | ₹222.66 Cr | ₹46.56 Cr | ₹127.31 Cr | ₹144.17 Cr | ₹147.19 Cr |
| Free Cash Flow (computed) | -₹255.6 Cr | ₹13.65 Cr | ₹182.54 Cr | -₹154.79 Cr | ₹222.66 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹9 Lakh | ₹30.94 Cr | ₹30.99 Cr |
| Net Change in Cash | -₹61.14 Cr | ₹61.3 Cr | -₹2.16 Cr | ₹13.9 Cr | -₹4.94 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,228.65 Cr | ₹1,114.13 Cr | ₹1,117.15 Cr | ₹1,024.63 Cr | ₹1,197.13 Cr | ₹903.16 Cr | ₹1,016.65 Cr | ₹971.53 Cr | ₹1,245.38 Cr | ₹1,081.88 Cr | ₹1,222.13 Cr | ₹1,393.04 Cr |
| Other Income | ₹30.15 Cr | ₹25.75 Cr | ₹13.4 Cr | ₹8.8 Cr | ₹23.53 Cr | ₹10.62 Cr | ₹9.75 Cr | ₹6.37 Cr | ₹24.67 Cr | ₹16.85 Cr | ₹5.93 Cr | ₹6.87 Cr |
| Total Income | ₹1,258.8 Cr | ₹1,139.88 Cr | ₹1,130.55 Cr | ₹1,033.43 Cr | ₹1,220.66 Cr | ₹913.78 Cr | ₹1,026.4 Cr | ₹977.9 Cr | ₹1,270.05 Cr | ₹1,098.73 Cr | ₹1,228.06 Cr | ₹1,399.91 Cr |
| Cost of Materials Consumed | ₹322.51 Cr | ₹247.62 Cr | ₹214.28 Cr | ₹219.34 Cr | ₹252.42 Cr | ₹200.92 Cr | ₹196.41 Cr | ₹182.37 Cr | ₹226.44 Cr | ₹181.34 Cr | ₹218.01 Cr | ₹256.78 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.06 Cr | ₹1.36 Cr | ₹52 Lakh | ₹7 Lakh | ₹32 Lakh | ₹35 Lakh | ₹9 Lakh | ₹35 Lakh |
| Changes in Inventories | ₹15.48 Cr | -₹6.58 Cr | ₹43.53 Cr | -₹61.35 Cr | -₹26.49 Cr | ₹17.05 Cr | ₹29.02 Cr | ₹3.97 Cr | -₹12 Lakh | ₹14.64 Cr | -₹62 Lakh | ₹27.64 Cr |
| Employee Benefit Expense | ₹62.67 Cr | ₹59.78 Cr | ₹57.62 Cr | ₹61.92 Cr | ₹89.39 Cr | ₹87.22 Cr | ₹94.36 Cr | ₹104.65 Cr | ₹97.93 Cr | ₹86.2 Cr | ₹98.55 Cr | ₹92.01 Cr |
| Finance Costs | ₹23.37 Cr | ₹30.46 Cr | ₹31.62 Cr | ₹32.93 Cr | ₹47.6 Cr | ₹73.77 Cr | ₹72.84 Cr | ₹82.44 Cr | ₹63.73 Cr | ₹59.54 Cr | ₹59.34 Cr | ₹57.83 Cr |
| Depreciation & Amortisation | ₹75.86 Cr | ₹74.73 Cr | ₹74.47 Cr | ₹74.06 Cr | ₹74.86 Cr | ₹55.24 Cr | ₹54 Cr | ₹55.33 Cr | ₹56.58 Cr | ₹56.59 Cr | ₹53.49 Cr | ₹52.97 Cr |
| Other Expenses | ₹672.56 Cr | ₹733.8 Cr | ₹720.34 Cr | ₹722.77 Cr | ₹880.25 Cr | ₹785.02 Cr | ₹860.13 Cr | ₹711.46 Cr | ₹873.95 Cr | ₹750.31 Cr | ₹898 Cr | ₹1,011.24 Cr |
| Total Expenses | ₹1,172.45 Cr | ₹1,139.81 Cr | ₹1,141.86 Cr | ₹1,049.67 Cr | ₹1,319.09 Cr | ₹1,220.58 Cr | ₹1,307.28 Cr | ₹1,140.29 Cr | ₹1,318.83 Cr | ₹1,148.97 Cr | ₹1,326.86 Cr | ₹1,498.82 Cr |
| Profit Before Exceptional Items & Tax | ₹86.35 Cr | ₹7 Lakh | -₹11.31 Cr | -₹16.24 Cr | -₹98.43 Cr | -₹306.8 Cr | -₹280.88 Cr | -₹162.39 Cr | -₹48.78 Cr | -₹50.24 Cr | -₹98.8 Cr | -₹98.91 Cr |
| Exceptional Items | -₹20.49 Cr | -₹7.72 Cr | ₹0 | ₹0 | -₹2.7 Cr | -₹190.26 Cr | ₹6.41 Cr | ₹240.68 Cr | ₹15.87 Cr | ₹26.21 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹65.86 Cr | -₹7.65 Cr | -₹11.31 Cr | -₹16.24 Cr | -₹101.13 Cr | -₹497.06 Cr | -₹274.47 Cr | ₹78.29 Cr | -₹32.91 Cr | -₹24.03 Cr | -₹98.8 Cr | -₹98.91 Cr |
| Total Tax Expense | ₹11.11 Cr | -₹1.93 Cr | -₹4.45 Cr | -₹2.48 Cr | -₹25.47 Cr | -₹68.22 Cr | -₹34.49 Cr | ₹20.83 Cr | -₹3.58 Cr | -₹7.52 Cr | -₹17.41 Cr | -₹23.64 Cr |
| Net Profit | ₹54.75 Cr | -₹5.72 Cr | -₹6.86 Cr | -₹13.76 Cr | -₹75.66 Cr | -₹428.84 Cr | -₹239.98 Cr | ₹57.46 Cr | -₹29.33 Cr | -₹16.51 Cr | -₹81.39 Cr | -₹75.27 Cr |
| Other Comprehensive Income | -₹3.57 Cr | -₹3.93 Cr | -₹25 Lakh | ₹2.39 Cr | ₹1.01 Cr | ₹4,911.36 Cr | -₹20.58 Cr | ₹3 Lakh | ₹2.02 Cr | -₹72 Lakh | ₹95 Lakh | ₹40 Lakh |
| Total Comprehensive Income | ₹51.18 Cr | -₹9.65 Cr | -₹7.11 Cr | -₹11.37 Cr | -₹74.65 Cr | ₹4,482.52 Cr | -₹260.56 Cr | ₹57.49 Cr | -₹27.31 Cr | -₹17.23 Cr | -₹80.44 Cr | -₹74.87 Cr |
| EBITDA (computed) | ₹185.58 Cr | ₹105.26 Cr | ₹94.78 Cr | ₹90.75 Cr | ₹24.03 Cr | -₹177.79 Cr | -₹154.04 Cr | -₹24.62 Cr | ₹71.53 Cr | ₹65.89 Cr | ₹14.03 Cr | ₹11.89 Cr |
| Basic EPS | ₹1.77 | ₹-0.18 | ₹-0.22 | ₹-0.37 | ₹-2.41 | ₹144.64 | ₹-8.41 | ₹1.86 | ₹-0.88 | ₹-0.56 | ₹-2.60 | ₹-2.42 |
| Diluted EPS | ₹1.77 | ₹-0.18 | ₹-0.22 | ₹-0.37 | ₹-2.41 | ₹144.64 | ₹-8.41 | ₹1.86 | ₹-0.88 | ₹-0.56 | ₹-2.60 | ₹-2.42 |
Shareholding Pattern of The India Cements Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 75.00%, foreign institutional investors hold 3.48%, domestic institutional investors hold 12.90%, retail and other public shareholders hold 8.62% of The India Cements Limited. The company had 156,567 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.60% | 81.49% | 81.49% | 55.49% |
| Public | 25.00% | 25.00% | 24.40% | 18.51% | 18.51% | 44.51% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 75.00% | 81.49% | 28.42% | 28.42% | 28.42% | 28.42% | 28.26% | 28.30% | 28.37% | 28.46% | 28.63% |
| Public | 25.00% | 18.51% | 71.58% | 71.58% | 71.57% | 71.58% | 71.75% | 71.70% | 71.63% | 71.54% | 71.37% |
| Promoter change (YoY, %pts) | -6.49 | +53.07 | +0.00 | +0.00 | +0.00 | +0.16 | -0.04 | -0.07 | -0.09 | -0.17 | - |
Board & Governance of The India Cements Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of The India Cements Limited has 10 directors - 5 independent and 0 executive. The board is chaired by KAILASH CHANDRA JHANWAR.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| KAILASH CHANDRA JHANWAR | Non-Executive - Non Independent Director · Chairperson | 2024-12-25 | 2 |
| VIVEK AGRAWAL | Non-Executive - Non Independent Director | 2024-12-25 | 2 |
| RAJ NARAYANAN RAGHAVAN EACHAMBADI | Non-Executive - Non Independent Director | 2024-12-25 | 1 |
| ASHOK RAMCHANDRAN | Non-Executive - Non Independent Director | 2024-12-25 | 1 |
| ALKA MAREZBAN BHARUCHA | Non-Executive - Independent Director | 2024-12-25 | 6 |
| VIKAS BALIA | Non-Executive - Independent Director | 2024-12-25 | 4 |
| SUKANYA KRIPALU | Non-Executive - Independent Director | 2024-12-25 | 7 |
| VISWANATHA GOWD YERUR | Non-Executive - Nominee Director | 2023-08-07 | 1 |
| KRISHNAN SKANDAN | Non-Executive - Independent Director | 2021-01-27 | 2 |
| MANICKAM VENGAIYAGOUNDER | Non-Executive - Independent Director | 2023-06-24 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | ALKA MAREZBAN BHARUCHA (Chairperson), SUKANYA KRIPALU, VIKAS BALIA |
| Nomination and remuneration committee | SUKANYA KRIPALU (Chairperson), ALKA MAREZBAN BHARUCHA, ASHOK RAMCHANDRAN |
| Stakeholders Relationship Committee | VIKAS BALIA (Chairperson), KAILASH CHANDRA JHANWAR, VIVEK AGRAWAL |
| Risk Management Committee | VIKAS BALIA (Chairperson), KAILASH CHANDRA JHANWAR, RAJ NARAYANAN RAGHAVAN EACHAMBADI |
Group Structure of The India Cements Limited
The India Cements Limited has 5 subsidiary companies. This group structure data is as of FY 2025. The corporate group structure reflects The India Cements Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Industrial Chemicals And Monomers Limited | U24111TN1979PLC007911 | - |
| Icl International Limited | U51909TN1993PLC026057 | - |
| Icl Financial Services Limited | U65991TN1993PLC026056 | - |
| Icl Securities Limited | U65993TN1994PLC029713 | - |
| India Cements Infrastructures Limited | U74999TN2013PLC089487 | - |
Showing major subsidiaries. Total: 5.
Charges & Borrowings of The India Cements Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2025 | Axis Bank Limited | ₹1,000 Cr | Open |
| 28 Mar 2022 | State Bank of India | ₹401.8 Cr | Open |
| 06 Mar 2006 | Others | ₹1,643 Cr | Open |
| 31 Jul 2001 | Global Trust Bank Ltd. | ₹10 Cr | Open |
| 31 Mar 2000 | Housing Development Finance Corporation Limited | ₹20 Cr | Open |
Total charge records: 209 View all charges
Employees and EPFO Compliance at The India Cements Limited
The India Cements Limited has a workforce of 1,727 employees as of Oct 10, 2025.
Employee Count & EPFO Data of The India Cements Limited
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GST Compliance of The India Cements Limited
GSTIN & GST Filing Data of The India Cements Limited
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Credit Ratings, Litigation & Regulatory Alerts for The India Cements Limited
Credit Ratings, Legal Cases & Regulatory Alerts of The India Cements Limited
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MSME Payment Delays by The India Cements Limited
MSME Payment Delays by The India Cements Limited
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Subsidiaries & Group Companies of The India Cements Limited
Subsidiaries & Group Companies of The India Cements Limited
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MCA Filings & Documents of The India Cements Limited
MCA Filings & Documents of The India Cements Limited
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Recent Activity on The India Cements Limited
Recent News on The India Cements Limited
Frequently Asked Questions about The India Cements Limited
The India Cements Limited is an active public limited company in the manufacturing sector based in Chennai, Tamil Nadu, India. It was incorporated on 21 February 1946 (80+ years old) and is registered under CIN L26942TN1946PLC000931. Listed on BSE: 530005 and NSE: INDIACEM. The company has 1,727 employees.
The India Cements Limited reported revenue of ₹4,357.31 Cr for FY 2025 (down 14.00% YoY).
The current directors of The India Cements Limited are:
- Alka Marezban Bharucha
- Krishnan Skandan
- Viswanatha Yerur
- Raj Narayanan Eachambadi Raghavan
- Sukanya Kripalu Anand
- Vikas Balia
- Manickam Vengaiyagounder
- Vivek Agrawal
- Ashok Ramchandran
- Kailash Chandra Jhanwar
- Suresh Vasant Patil
- Krishna Gopal Ladsaria
- Ekambaram Jayashree
The primary industry of The India Cements Limited is manufacturing. The company specifically operates in cement and cement products. The company is currently active in this sector.
Yes. The India Cements Limited is listed on both BSE (code: 530005) and NSE (symbol: INDIACEM).
The India Cements Limited can be reached at the registered office: Dhunbuilding827 Annasalai, Chennai, Tamil Nadu, India – 600002, or through the website indiacements.co.in.