The India Cements Limited (NSE:INDIACEM)

India · Delayed Price · Currency is INR

353.45

+23.65 (7.17%)

Oct 22, 2026, 3:30 PM IST

The India Cements Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	45,044	44,847	41,405	49,979	56,081	48,584
Revenue Growth	6.06%	8.31%	-17.15%	-10.88%	15.43%	7.71%
Gross Profit	18,506	17,365	13,937	20,836	19,071	23,543
Operating Income	2,380	973.86	-5,782	-1,226	-3,612	2,652
Net Income	1,225	-672.5	-1,437	-2,273	-1,269	784.63
Earnings Per Share	3.96	-2.17	-4.64	-7.34	-4.09	2.53
EPS Growth	850.76%	-	-	-	-	-62.05%

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	574.1	622.19	1,229	846.3	688.4	502.53
Total Debt	16,236	13,048	11,652	26,327	29,453	30,906
Net Cash (Debt)	-15,662	-12,426	-10,422	-25,481	-28,764	-30,403
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-50.58	-40.10	-33.63	-82.22	-92.82	-98.11

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	4,754	-267.35	-2,562	3,439	-194.58	4,390
Capital Expenditures	-7,986	-2,227	-624.25	-1,273	-576.78	-1,685
Free Cash Flow	-3,232	-2,494	-3,186	2,166	-771.36	2,705
Free Cash Flow Growth	-	-	-	-	-	-69.29%

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	41.08%	38.72%	33.66%	41.69%	34.01%	48.46%
Operating Margin	5.28%	2.17%	-13.96%	-2.45%	-6.44%	5.46%
Pretax Margin	3.38%	-1.45%	-4.42%	-5.57%	-5.94%	2.20%
Profit Margin	2.72%	-1.50%	-3.47%	-4.55%	-2.26%	1.62%
FCF Margin	-7.17%	-5.56%	-7.70%	4.33%	-1.38%	5.57%

Dividends

Fiscal Year	FY 2022
Period Ending	Mar '22 Mar 31, 2022
Dividend Per Share	1.000
Dividend Per Share Growth	0%
Dividend Yield	0.48%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 22, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	89.35	-	-	-	-	82.74
Forward PE	24.07	38.85	108.63	61.12	178.84	21.82
P/FCF Ratio	-	-	-	30.39	-	24.00
PS Ratio	2.27	2.38	2.07	1.32	1.02	1.34