The India Cements Limited (INDIACEM) 📈: отчетность и дивиденды за 2025

Capitalization

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
Capitalization, bln ₹		31.93	27.71	35.2	56.5	65.66	66.63		110.25	114.32	66.85	25.65
Revenue, bln ₹	51.63	52.67	57.49	51.81	45.11	48.58	56.08	49.98	41.49	49.98	48.25	-1.66
Net profit, bln ₹	1.58	0.705	0.2526	0.5016	2.07	0.7846	-1.27	-2.27	-1.44	-2.27	-0.4251	-193.00
EV, bln ₹		63.44	61.78	70.71	86.49	90.15	88.78	97.24	86.73	97.24	89.88	0.06
EBIT, bln ₹	5.21	3.73	3.34	3.16	5.84	2.73	-3.61	-0.3095	-6.22	-0.3095	-0.3139	-201.27
EBITDA, bln ₹	7.97	6.52	5.98	5.72	8.31	4.99	-1.42	1.89	-3.82	1.89	1.99	-185.60
OIBDA ₹				9.01	11.67	6.86	-3.76	2.94	0.5719	2.94	3.66	-45.29
Book value, bln ₹	51.75	52.69	52.46	54.98	57.07	59.47	57.76	55.75	101.94	55.75	66.40	12.30
FCF, bln ₹	6.59	2.82	-0.244	1.36	8.81	2.71	-0.7713	2.17	-3.19	2.17	1.95	-181.61
Operating Cash Flow, bln ₹	7.57	5.63	2.8	3.87	10.46	4.39	-0.1946	3.44	-2.56	3.44	3.11	-175.46
Operating profit, bln ₹	6.26	4.46	3.62	3.49	5.46	2.65	-3.61	-1.22	2.96	-1.22	1.25	-11.53
Operating expenses, bln ₹	23.69	24.15	24.43	23.23	19.56	20.88	16.85	20.85	3.77	20.85	16.38	-28.06
CAPEX, bln ₹	0.9787	2.81	3.04	2.5	1.65	1.68	0.5767	1.27	0.6243	1.27	1.16	-17.67

	2018Q4	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q3	2021Q4	2022Q1	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	Average for 5 quarters	CAGR 5
Capitalization, bln ₹	23.46	24.31				41.73			60.97			74.23				72.26							54.70	24.34
Revenue, bln ₹													14.86	14.37	12.64	11.44	12.67	10.27	10.32	9.41	11.97	10.25	10.44	-0.04
Net profit, bln ₹													-2.27	-0.874	-0.8007	0.0067	-0.6055	0.5847	-3.39	1.22	0.1468	-1.33	-0.5537	-217.86
EV, bln ₹										98.1	102.74		88.78	66.05	108.48	78.68	89.71		127.22		83.92		97.60	-5.00
EBIT, bln ₹													-0.9406	-0.3904	-0.4256	0.4629	0.1559	1.75	-2.82	1.67	-0.7785	-1.06	-0.2477	-190.46
EBITDA, bln ₹													-0.3915	0.1541	0.1243	1.04	0.7365	2.32	-2.27	2.22	-0.1799	-0.3147	0.3551	-167.06
OIBDA ₹																1.24	1.14	0.9193	-1.06	-1.45	-1.11	1.11	-0.3181	3.84
Book value, bln ₹												60.01	57.76	58.27	56.34	56.58	55.75	55.99	52.63	52.99	101.94		63.86	12.83
FCF, bln ₹		0.3408	0.3408	0.3408	0.3408						1.1	1.11	1.1	1.09	1.1	1.16							1.11	0.89
Operating Cash Flow, bln ₹								1.62		4.39	1.1	1.11	1.1	1.09	1.1	1.16			-2.79		-2.56		-0.4000	-218.62
Operating profit, bln ₹													-0.9406	-0.4617	-0.4256	0.2008	-0.205	-0.8112	-2.18	-2.45	-0.7785	0.0913	-1.2257	-164.61
Operating expenses, bln ₹													12.7	11.59	10.56	5.38	4.25	3.58	4.36	3.95	3.33	8.58	4.76	19.10
CAPEX, bln ₹				0.6258	0.6258		1.65	0.8706		1.68	1.32		0.5768		0.0071				0.2291		0.6243		0.5515	-13.91

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
Cash, bln ₹				0.3661	0.5325	0.45	0.4251	0.3964	0.4571	0.6487	0.8422	1.04	0.8422	0.6769	21.28
Short-Term Investments ₹				0.0255	0.0213	0.0222	0.0119	0.0182	0.0396	0.6468	0.1559	0.017	0.1559	0.1755	-1.35
Long-Term Investments ₹	4.4	4.4	1.87	1.88	1.89	2.02								2.41	-14.42
Accounts Receivable ₹				5.23	6.45	7.46	7.8	6.63	10.16	19.93	15.38	6.59	15.38	11.74	-0.12
Total Current Assets ₹				19.41	19.68	23.31	23.82	18.38	25.42	34.27	27.87	17.11	27.87	24.61	-1.42
Net assets, bln ₹				73.47	71.93	70.6	72.11	71.17	72.31	69.85	69.36	117.54	69.36	80.05	10.55
Assets, bln ₹				109.35	109.78	113	116.7	110.9	120.43	114.67	107.01	138.3	107.01	118.26	4.51
Short-Term Debt ₹				6.49	3.26	7.61	11.83	10.41	11.49	11.39	11.98	0.9452	11.98	9.24	-38.11
Long-Term Debt ₹				24.51	28.78	26.91	24.11	19.98	19.42	18.06	14.2	10.71	14.2	16.47	-11.72
Liabilities, bln ₹				57.24	56.68	60	61.15	53.18	60.2	56.4	51.01	36.34	51.01	51.43	-7.33
Net debt, bln ₹				30.64	31.72	34.08	35.59	29.99	30.45	28.8	25.34	10.61	25.34	25.04	-18.76
Debt, bln ₹				31	32.04	34.53	35.94	30.39	30.91	29.45	26.18	11.65	26.18	25.72	-17.45
Interest Income ₹			2.98	2.64	2.76	2.71	2.73	2.71	1.98	2.42				2.51	-2.24
Interest Expense, bln ₹				2.71	2.76	2.88	2.9	2.7	2.14	2.22	2.4	2.66	2.4	2.42	-0.30
Net interest income, bln ₹				-3.7	-3.38	-3.21	-3.05	-2.71	-1.98	-2.42			2.42	-2.6740	-5.49
Goodwill ₹	0.2154	0.2154	0.2154	0.229	1.02	1.53	1.82	1.82	2.02	0.6909				1.58	-14.70
Amortization, bln ₹				2.76	2.79	2.65	2.56	2.47	2.26	2.19	2.2	2.39	2.2	2.30	-0.66
Cost of production, bln ₹				21.68	24.06	29.31	25.05	19.93	25.04	11.1	30.36	34.76	30.36	24.24	11.77
Inventory ₹				7.74	6.95	8.47	8.42	5.97	8.44	7.85	6.31	5.56	6.31	6.83	-1.41

	2019Q3	2020Q1	2020Q3	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	Average for 5 quarters	CAGR 5
Cash, bln ₹									-0.5025	0.6435	-0.6826	0.6487	-0.6884	0.7166	-0.7527	0.8422		0.7375		1.04		0.5167	7.73
Short-Term Investments ₹									1.01	1.11	1.37	0.6468	1.38	1.11	1.51	0.0103		0.0114		0.017		0.5317	-56.65
Long-Term Investments ₹	4.46																					4.46	0.00
Accounts Receivable ₹					6.71	6.71	10.98	10.98		10.83		19.93		8.52		-0.0062		11.79		6.59		9.36	-19.86
Total Current Assets ₹									0.5025	26.2	0.6826	34.27	0.6884	32.86	0.7527	27.87		24.05		17.11		20.53	-12.24
Net assets, bln ₹		72.11	71.21	71.17		70.52		72.31		72.1		69.85		69.62				65.59		117.54		78.94	10.27
Assets, bln ₹					114.33	114.33	120.43	120.43		121.05		114.67		112.38		108.78		96.79		138.3		114.18	3.82
Short-Term Debt ₹					12.15	12.15	11.49	11.49		9.42		11.39		12.06		11.98		9.16		0.9452		9.11	-39.21
Long-Term Debt ₹			22.58	19.98		18.48		19.39		20.27		18.01		16.26		14.15		12.22		10.71		14.27	-9.87
Liabilities, bln ₹							60.2	60.2		61.04		56.4		55.8		52.78	-55.99	43.8	-52.99	36.34		4.79	-7.19
Net debt, bln ₹									0.5025	29.07	0.6826	28.8	0.6884	27.61	0.7527	25.34		20.64		10.61		16.99	-17.41
Debt, bln ₹			28.46	30.39		30.64		30.87		29.69		29.4		28.32		26.18		21.37		11.65		23.38	-16.90
Interest Income ₹					0.4667	0.5098	0.5125	0.4876	0.6061	0.6951	0.6163	0.4993	0.5818	0.6039								0.5993	-2.77
Interest Expense, bln ₹												0.4993	0.5818	0.6039	0.6039	0.6469	0.8236	0.7333	0.7338	0.3806	0.2658	0.5874	-20.24
Net interest income, bln ₹						-0.5098	-0.5125	-0.4876	-0.6061	-0.6951	-0.6163	-0.4993	-0.5818	-0.6039	-0.6039							-0.5810	-0.41
Goodwill ₹		1.82	1.82	1.82	2.02	2.02	2.02	2.02		2.32		0.6909		0.6909								1.55	-19.31
Amortization, bln ₹												0.5491	0.5445	0.5499	0.5807	0.5806	0.5645	0.5512	0.5525	0.5986	0.7406	0.6015	5.58
Cost of production, bln ₹												3.18	3.24	2.59	6.16	8.62	7.5	2.44	2.36	7.03	1.58	4.18	-26.76
Inventory ₹					8.6	8.6	8.44	8.44		7.38		7.85		7.15		6.31		4.92		5.56		6.36	-6.67

Share

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
EPS		3.47	0.817	1.62	6.67	2.53	-4.09	-7.34	-4.81	-7.34	-1.4080	-193.67
Share price	183.45	96.1	71.4	169.2	192.25	218.45	258.9	376.25	368.9	368.9	282.95	13.92
Number of shares, mln		254.12	309.9	309.9	309.9	309.9	309.9	309.9	298.87	309.9	307.69	-0.72
FCF/share		11.11	-0.7873	4.4	28.43	8.73	-2.49	6.99	-10.66	6.99	6.20	-182.19

	2018Q4	2019Q4	2020Q4	2021Q4	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Average for 5 quarters	CAGR 5
EPS								-7.03	-2.82	-2.58	0.0216	-1.95	1.89	-11.55	3.95	0.51	-4.29		-1.8980	-217.81
Share price					183.13	209.58	239.52	197.26	200.16	229.35	233.18					267.8	333	368.5	286.37	9.95
Number of shares, mln	254.12	309.9	309.9	309.9			309.9				309.9								309.90	0.00
FCF/share	-0.24	1.1					3.57	3.54	3.51	3.55	3.75								3.58	0.99

Efficiency

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
ROE, %			3.04	1.34	0.4815	0.9123	3.62	1.35	-2.16	-4.01	-1.82	-4.01	13.52	-0.6040	-187.15
ROA, %			1.44	0.6422	0.2235	0.4298	1.86	0.6784	-1.08	-2.05	-1.17	-2.05	8.08	-0.3523	-191.15
ROIC, %	-0.0336	2	2.33	1.25	0.6581	0.8639	2.56	1.19	-1.45			-1.45	14.72	0.7644	-217.12
ROS, %			3.05	1.34	0.4394	0.968	4.58	1.62	-2.26	-4.55	-4.55	-4.55	8.68	-1.0320	-199.87
ROCE, %			9.99	7.03	6.3	5.68	10.12	2.94	-4.18	-0.3916	-0.5528	-0.5528	19.80	1.59	-155.91
EBIT margin						6.09	12.9	5.63	-6.44	-0.6193	-0.6193	-0.6193	13.51	2.17	-154.48
EBITDA margin			15.43	12.38	10.41	11.03	18.42	10.27	-2.53	3.78	3.78	3.78	17.82	6.74	-27.15
Net margin			3.05	1.34	0.4394	0.968	4.58	1.62	-2.26	-4.55	-3.46	-4.55	8.68	-0.8140	-194.55
Operational efficiency, %			12.12	8.48	6.3	6.74	12.1	5.46	-6.44	-2.44	-2.44	-2.44	16.80	1.25	-172.60
FCF yield, %				8.84	-0.8806	3.87	15.59	4.12	-1.16		-2.89	1.89	1.12	3.91	-194.33

	2018Q4	2019Q1	2019Q3	2019Q4	2020Q1	2020Q3	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
ROE, %													2.22	-3.93	-1.5	-1.37	0.0116	-1.06	1.04	-6.09	2.23	0.2442			13.52	-0.7272	-174.56
ROA, %								0.3765	0.2602	0.1349	-0.0878	-0.9356		-1.98		-1.42		-1.11		-7.01		0.2123			8.08	-2.2615	-163.98
ROIC, %		0.4594	0.3969		-0.0363	0.9067	0.774		0.6682		0.203	-1.27		-2.27						-4.58					14.72	-1.4498	-246.96
ROS, %															-6.08	-6.33	0.0585	-4.78	5.69	-32.87	13	1.23	-12.97	-4.55	8.68	-7.2320	-32.66
ROCE, %										1.1	0.5067	-2.01		-1.61		-0.5041		0.191		-3.65		-0.7803	-1.15	-0.5528	19.80	-1.1884	-223.68
EBIT margin																-3.37	4.04	1.23	17.05	-27.34	17.77	-6.5	-10.3	-0.6193	13.51	-5.3979	-53.12
EBITDA margin															1.07	0.9831	9.12	5.81	22.55	-22	23.64	-1.5	-3.07	3.78	17.82	0.1700	-170.31
Net margin														-15.27	-6.08	-6.33	0.0585	-4.78	5.69	-32.87	13	1.23	-12.97		8.68	-5.1840	-217.91
Operational efficiency, %															-3.21	-3.37	1.75	-1.62	-7.9	-21.11	-26.08	-6.5	0.891	-2.44	16.80	-11.0478	-35.05
FCF yield, %	-0.26			1.4									1.49				1.61								1.12	1.06	-257.75

Coefficients

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
P/E		45.3	109.68	70.17	27.33	76.09	-52.51		-76.74	-50.29	41.57	8.87	-201.81
P/BV		0.6061	0.5281	0.6401	0.9901	0.9912	1.03	1.28	0.7466	1.28	6.63	1.01	-5.49
P/S		0.6063	0.4819	0.6793	1.25	1.23	1.07	1.44	1.83	1.44	4.62	1.36	7.92
P/FCF		11.31	-113.56	25.81	6.41	24.27	-86.39	29.99	52.78	52.78	-35.72	5.41	52.45
E/P		0.0221	0.0091	0.0143	0.0366	0.0119	-0.019	-0.035	-0.0199	-0.0199	0.03	-0.0051	-188.53
EV/EBIT				21.23	13.81	32.97	-24.58	-314.16	-314.16	-314.16	19.35	-121.2240	-286.81
EV/EBITDA		9.73	10.32	12.37	10.41	18.07	-62.57	51.49	-22.69	51.49	14.67	-1.0580	-216.86
EV/S		1.2	1.07	1.36	1.92	1.86	1.58	1.95	1.95	1.95	4.83	1.85	0.31
EV/FCF		22.48	-253.24	51.87	9.82	33.32	-115.11	44.9	44.9	44.9	-18.02	3.57	35.53
Debt/EBITDA	3.89	4.91	5.77	6.29	3.66	6.19	-20.76	13.87	13.87	13.87	2.17	3.37	30.53
Netdebt/Ebitda	3.85	4.86	5.69	6.23	3.61	6.1	-20.3	13.42	13.42	13.42	1.82	3.25	30.03
Debt/Ratio	0.2835	0.2919	0.3056	0.308	0.274	0.2566	0.2568	0.2447	0.2447	0.2447	0.16	0.2554	-2.24
Debt/Equity	0.5991	0.608	0.6582	0.6537	0.5325	0.5197	0.5099	0.4697	0.9111	0.9111	0.85	0.5886	11.34
Debt/Net Income	19.68	45.44	136.7	71.66	14.7	39.39	-23.21	-11.52	-11.52	-11.52	3.13	1.57	-195.24
PEG									-2.09	-2.09	1.95	-2.0900	0.00
Beta							0.8954	-0.2394	2.41	2.41	0.33	1.02	39.10
Altman Index		2.39	2.22	2.19	2.72	2.63	2.6	3.01	3.62	3.62	0.94	2.92	5.88

	2018Q4	2019Q4	2020Q4	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
P/E	-543.11	-276.6	61.46		375.41		50.71		55.69				-19.79		-77.93		-47.83	-48.92			41.57	-27.7560	-197.44
P/BV					1.05	1.12		1.23	1.24	1.03		1.43	1.28	1.15		2.01		0.719			6.63	1.32	-12.85
P/S										1.05	1.18	1.48	1.46	1.26	1.35	2.48	2.63	1.82	2.23		4.62	2.10	10.56
P/FCF	-384.66	71.33							67.02				62.22						29.99	52.78	-35.72	56.67	-5.85
E/P	-0.0018	-0.0036	0.0163		0.0027				0.018				9.3E-5						-0.035	-0.0199	0.03	-0.0068	-249.11
EV/EBIT												-254.88	169.96	575.41		-45.09		-107.8	-139.5	-314.16	19.35	-6.2280	-188.60
EV/EBITDA						18.8		52.36		-86.21	428.59	-181.79	-378.62	43.58		69.71		40.17			14.67	-81.3900	-173.94
EV/S											4.6	8.58	6.87	7.08		12.33		7.01	1.75	1.95	4.83	6.02	-22.73
EV/FCF											60.65	98.63	67.74						41.42	44.9	-18.02	62.67	-5.84
Debt/EBITDA				20.61		35.75		-45.27		-75.1		227.87		35.55		-9.41		-64.77	16.24	13.87	2.17	-1.7040	-17.16
Netdebt/Ebitda									-1.41	-73.57	4.47	222.1	0.7213	34.41		-9.09		-58.98	15.71	13.42	1.82	-0.9060	-17.17
Debt/Ratio				0.2679		0.2564		0.2452		0.2564		0.252		0.2407		0.2208		0.0842	0.2447	0.2447	0.16	0.2070	0.33
Debt/Equity				0.5368		0.5191		0.5015		0.509		0.5027		0.4697		0.4061		0.1143	0.9111	0.9111	0.85	0.5625	14.17
Debt/Net Income				102.98		-291.87		-26.21		-12.96		-35.37		-43.24		-6.3		79.37	-11.52	-11.52	3.13	1.36	-23.24
PEG																			-0.0647	-2.09	1.95	-1.0774	468.36
Beta																		3.13	2.12	2.41	0.33	2.55	-8.34
Altman Index																		3.02	3.02	3.62	0.94	3.22	6.23

Dividends

IFRS

Reporting Annual Quarterly

	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2025	LTM	Industry average	Average for 5 years	CAGR 5
Div. payout, bln				0.01	0.003	0.3501	0.3514	0.3199	0.2839	0.175	0.2895	0.000929		0.000929		0.2138	-68.91
Dividend	2	4			1	1	0.8	0.8	0.6	1	1			0		0.8400	4.56
Dividend yield, %		5.98	1.77		0.9109	0.5551	0.6366	0.8948	0.5283	0.5484	0.3716			0	0.91	0.5959	-10.21
Dividends / profit, %				-30.12	0.2199	22.23	49.84	126.64	56.61	8.47	36.85	-0.0732		-0.0732	28.00	45.70	-122.51
Dividend coverage ratio										7.15	2.71	-1365.88	-2447.12	-2447.12	-20.69	-950.7850	-530.12

	2011Q3	2012Q3	2013Q3	2016Q3	2017Q3	2018Q3	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2021Q1	2021Q3	2022Q1	2022Q3	2023Q1	2024Q3	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
Div. payout, bln								0.071	0.071	0.071	0.071	0.175	0.2886	0.2892	0.0001	0.2895	0.0019				0.1739	-63.38
Dividend	1.5	2	4	1	1	0.8	0.8				0.6		1		1						0.8400	4.56
Dividend yield, %	2.13	2.36	7.83	0.7593	0.5225	0.7041	0.9249				0.5078		0.542		0.4772					0.91	0.6312	-7.48
Dividends / profit, %								-80.75	-68.23	36.46	10.26	34.87	97.01	-273.41	-0.0088	-12.76	-0.056			28.00	-37.8450	-122.50
Dividend coverage ratio																	-1784.89	-2447.12	-2447.12	-20.69	-2226.3767	11.09

Other

IFRS

Reporting Annual Quarterly

	2020	2021	2022	2023	2024	2025	LTM	CAGR 5
CAPEX/Revenue, %	4.83	3.67	3.47	1.03	2.55	1.5	2.55	-16.38
Staff, people				1 855	1 855			0.00

	2024Q3	2025Q1	CAGR 5
CAPEX/Revenue, %	2.22	5.21	53.19

	CAGR 5

Investing Port

The India Cements Limited

Reporting The India Cements Limited

Capitalization

Balance sheet

Share

Efficiency

Coefficients

Dividends

Pay for your subscription

Other