The India Cements Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN L26942TN1946PLC000931 Incorporated 21 February 1946 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: INDIACEM · BSE: 530005 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹4,484.69 Cr
▲ 8.1% YoY
EBITDA · FY 2026
₹484.17 Cr
▲ 378.76% YoY
Net profit · FY 2026
-₹67.25 Cr
▲ 53.2% YoY
Authorised capital
₹587.55 Cr
Registered with MCA
Paid-up capital
₹309.9 Cr
Issued & subscribed
Open charges
₹3,125.89 Cr
Satisfied ₹15,366 Cr
Company age
80 yrs
Est. 1946
Employees · EPFO
1,727
Latest available

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.

Company Details of The India Cements Limited
CIN L26942TN1946PLC000931
Registration Number 000931
Incorporation Date 21 February 1946
ROC Chennai
Listing Status Listed (BSE: 530005, NSE: INDIACEM)
Company Status Active
Date of Last AGM 13 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Dhunbuilding827 Annasalai, Chennai, Tamil Nadu, India – 600002
  • Industry
    Manufacturing, Cement & Cement Products
Company report
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Financials, compliance, directors, charges, ownership and filings for The India Cements Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Sagar Cements Sagar Cements Cement production is managed by Sagar Cements in India. Hyderabad, India, India 1985
JSW Cement JSW Cement Cement, aggregates, additives, and ready-mix concrete are manufactured. Mumbai, India, India 2009
Wonder Cement Wonder Cement Manufacturer of cement materials Udaipur, India, India 2007
Dalmia Bharat Dalmia Bharat Cement and sugar are produced by Dalmia Bharat. Delhi, India, India 1939
Ash Grove Ash Grove Cement is manufactured by Ash Grove in the United States. Overland Park, United States, United States 1882
Shree Cement Shree Cement Cement is manufactured and supplied by Shree Cement in India. Kolkata, India, India 1979
Ambuja Cements Ambuja Cements Cement and building materials are manufactured by Ambuja Cements. Mumbai, India, India 1983
Orient Cement Orient Cement Cement is manufactured by Orient Cement in India. Hyderabad, India, India 1979
Star Cement Star Cement 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.

Current Directors
Name Designation Appointment Date Tenure Status
Alka Marezban Bharucha Director 25 Dec 2024 1 Years 6 Months Current
Krishnan Skandan Director 27 Jan 2021 5 Years 5 Months Current
Viswanatha Yerur Nominee Director 07 Aug 2023 2 Years 11 Months Current
Raj Narayanan Eachambadi Raghavan Director 25 Dec 2024 1 Years 6 Months Current
Sukanya Kripalu Anand Director 25 Dec 2024 1 Years 6 Months Current
Vikas Balia Director 25 Dec 2024 1 Years 6 Months Current
Showing 6 of 13 current directors. View all directors

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.

Revenue · FY 2026
₹4,484.69 Cr ▲ 8.1%
Profit · FY 2026
-₹67.25 Cr ▲ 53.2%
EBITDA · FY 2026
₹484.17 Cr ▲ 378.76%
Revenue₹ Cr · Consolidated02,0004,0006,000FY 2020: ₹5,186 Cr5,186FY 2020FY 2021: ₹4,511 Cr · -13% YoY4,511-13%FY 2021FY 2022: ₹4,858 Cr · +7.7% YoY4,858+7.7%FY 2022FY 2023: ₹5,608 Cr · +15.4% YoY5,608+15.4%FY 2023FY 2024: ₹5,112 Cr · -8.8% YoY5,112-8.8%FY 2024FY 2025: ₹4,149 Cr · -18.8% YoY4,149-18.8%FY 2025FY 2026: ₹4,485 Cr · +8.1% YoY4,485+8.1%FY 2026
Net Profit₹ Cr · Consolidated-300-200-1000100200300FY 2020: ₹50 Cr50.2FY 2020FY 2021: ₹207 Cr · +312.2% YoY207+312.2%FY 2021FY 2022: ₹78 Cr · -62.1% YoY78.5-62.1%FY 2022FY 2023: ₹127 Cr (loss) · -261.7% YoY-127FY 2023FY 2024: ₹227 Cr (loss) · -79.2% YoY-227FY 2024FY 2025: ₹144 Cr (loss) · +36.8% YoY-144FY 2025FY 2026: ₹67 Cr (loss) · +53.2% YoY-67.3FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,0001,500Q1'25: ₹1,027 Cr · -28.5% YoY1,027-28.5%Q1'25Q2'25: ₹1,032 Cr · -18.4% YoY1,032-18.4%Q2'25Q3'25: ₹941 Cr · -17.8% YoY941-17.8%Q3'25Q4'25: ₹1,197 Cr · -5.5% YoY1,197-5.5%Q4'25Q1'26: ₹1,025 Cr · -0.2% YoY1,025-0.2%Q1'26Q2'26: ₹1,117 Cr · +8.3% YoY1,117+8.3%Q2'26Q3'26: ₹1,114 Cr · +18.4% YoY1,114+18.4%Q3'26Q4'26: ₹1,229 Cr · +2.6% YoY1,229+2.6%Q4'26
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 25 on record.
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for The India Cements Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

Promoters: 75.00%DII (Domestic Institutional): 12.90%FII (Foreign Institutional): 3.48%Retail & Others: 8.62%
Mar 2026
QUARTER
75.00% Promoters
12.90% DII (Domestic Institutional)
3.48% FII (Foreign Institutional)
8.62% Retail & Others
Promoter holding - history
Now 75.00% · Mar 2026High 81.49% · Mar 2025Low 28.25% · Dec 2019
27%41%55%69%83%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 28.56%Mar 2016: 28.63%Jun 2016: 28.63%Sep 2016: 28.63%Dec 2016: 28.51%Mar 2017: 28.46%Jun 2017: 28.37%Sep 2017: 28.37%Dec 2017: 28.37%Mar 2018: 28.37%Jun 2018: 28.31%Sep 2018: 28.35%Dec 2018: 28.32%Mar 2019: 28.30%Jun 2019: 28.30%Sep 2019: 28.30%Dec 2019: 28.25%Mar 2020: 28.26%Jun 2020: 28.26%Sep 2020: 28.42%Dec 2020: 28.42%Mar 2021: 28.42%Jun 2021: 28.42%Sep 2021: 28.42%Dec 2021: 28.42%Mar 2022: 28.42%Jun 2022: 28.42%Sep 2022: 28.42%Dec 2022: 28.42%Mar 2023: 28.42%Jun 2023: 28.42%Sep 2023: 28.42%Dec 2023: 28.42%Mar 2024: 28.42%Jun 2024: 28.42%Sep 2024: 28.42%Dec 2024: 55.49%Mar 2025: 81.49%Jun 2025: 81.49%Sep 2025: 75.60%Dec 2025: 75.00%Mar 2026: 75.00%81.49%28.25%75.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters75.00%75.00%75.60%81.49%81.49%55.49%
Public25.00%25.00%24.40%18.51%18.51%44.51%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters75.00%81.49%28.42%28.42%28.42%28.42%28.26%28.30%28.37%28.46%28.63%
Public25.00%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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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.

5
Subsidiary companies
Key Subsidiaries
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

Open charges
₹3,125.89 Cr
Satisfied charges
₹15,366 Cr
Breakdown by lending institutions
Others₹1,643.00 Cr
Axis Bank Limited₹1,000.00 Cr
State Bank of India₹401.80 Cr
Allahabad Bank₹38.32 Cr
Housing Development Finance Corporation Limited₹20.00 Cr
Others₹22.77 Cr
Latest charge details
DateLenderAmountStatus
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
1,727
Active EPFO establishments
13
Employee growth
3.48%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of The India Cements Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of The India Cements Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of The India Cements Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for The India Cements Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of The India Cements Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by The India Cements Limited

MSME Payment Delays by The India Cements Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of The India Cements Limited

Subsidiaries & Group Companies of The India Cements Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of The India Cements Limited

MCA Filings & Documents of The India Cements Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on The India Cements Limited

Charges
01 Jan 2026
A charge registered on 28 Jun 2014 via Charge ID 10508303 with Others was fully satisfied on 01 Jan 2026.
Charges
31 Dec 2025
A charge registered on 31 Dec 2018 via Charge ID 100228150 with Others was fully satisfied on 31 Dec 2025.
Charges
31 Dec 2025
A charge registered on 27 Nov 2017 via Charge ID 100180390 with Others was fully satisfied on 31 Dec 2025.
Charges
10 Sep 2025
A charge registered on 30 Mar 2017 via Charge ID 100091721 with Idbi Trusteeship Services Limited was fully satisfied on 10 Sep 2025.
Charges
09 Sep 2025
A charge registered on 28 Jun 2022 via Charge ID 100596610 with Idbi Trusteeship Services Limited was fully satisfied on 09 Sep 2025.
Activity
13 Aug 2025
The India Cements Limited last Annual general meeting of members was held on 13 Aug 2025 as per latest MCA records.

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 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.

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