Heidelbergcement India Limited, Fundamental analysis

Industry Industry name	Cement
Variance Full Year Net Profit Variance	30
Equity Latest Equity	226.61
Face Value Latest Face Value	10
Reserves Total Reserve	1145.23
Dividend Full Year Dividend %	70
Sales Turnover Full Year Net Sales	2329.59
Net Profit Full Year Net Profit	139.46
Full Year CPS Full Year Cash Per Share	11
Earning Per Share Full Year Earning Per Share	6.2
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	628.11
Previous EPS Previous earnings per share	0
Book Value Book value	60.5
Networth Full Year Return on Networth	7.45
Price/Book Value Price to Book value	2.578512
Yearly PE ratio Full Year Price to Earning per share	25.3
Yearly PC ratio Full Year Price to Cash Per Share	14.2
Bse value BSE Value in lakhs	10.48
Nse value NSE Value in lakhs	76.78
High 52 week high	225
Low 52 week low	137
Price NSE Current market price	156
CPM Current market price	156

Market cap BSE / NSE Market Cap	3545.36
Net profit Latest Quarter Net Profit	30.55
Net profit variance Latest Quarter Net Profit variance	-37
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	2197.28
TTM OP Trailing Twelve 12 month Operating Profit	277.89
TTM OPM Trailing Twelve 12 month Operating Profit Margin	12.65
TTM GP Trailing Twelve 12 month Gross Profit	271.07
TTM GPM Trailing Twelve 12 month Gross Profit Margin	11.49
TTM NP Trailing Twelve 12 month Net Profit	130.74
TTM NPV Trailing Twelve 12 month Net Profit Variane	5.6
TTM EPS Trailing Twelve 12 month EPS	5.36
TTM PE Trailing Twelve 12 month PE	29.19
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	110.37
Equity Latest Equity	226.61
LTP Latest Price (BSE/NSE)	156
Gross block Latest Gross Block	2364.03
Loans Total loans	10.54
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	12.3
Year GPM Full Year Gross Profit Margin	12.9
Quarter OPM Latest quater Operation Profit Margin	10.6

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	461	543	612	598	512	574	646	628
YOY Sales Growth %	-19%	-11%	3%	12%	11%	6%	6%	5%
Gross Sales	461	543	612	598	512	574	646	628
+ Expenses	424	510	522	509	454	526	562	561
Material Cost %	21%	9%	20%	19%	24%	14%	19%	21%
Raw Material Cost	91	90	120	106	102	107	125	128
Change in Inventory	5	-40	2	9	20	-25	1	6
Manufacturing Cost %	50%	47%	41%	46%	49%	46%	43%	47%
Employee Cost %	8%	6%	8%	7%	8%	7%	8%	7%
Other Cost %	13%	32%	17%	14%	7%	24%	16%	14%
Raw Materials %	20%	17%	20%	18%	20%	19%	19%	20%
Purchase of Finished Goods %	0%	2%	2%	1%	1%	1%	2%	2%
Stock Adjustments %	-1%	7%	-0%	-1%	-4%	4%	-0%	-1%
Power & Fuel %	29%	24%	24%	26%	29%	25%	25%	27%
Other Manufacturing Expenses %	22%	22%	17%	20%	20%	21%	18%	21%
Freight Charges %	15%	15%	16%	15%	14%	14%	15%	14%
Operating Profit	37	33	91	89	58	48	84	67
OPM %	8%	6%	15%	15%	11%	8%	13%	11%
+ Other Income	13	9	11	9	9	6	7	6
Miscellaneous Income	13	9	11	9	9	6	7	6
Interest	9	7	5	6	6	4	1	3
Depreciation	26	28	27	27	27	28	27	29
Profit before tax	15	8	70	65	33	22	63	41
+ Tax %	26%	31%	27%	25%	26%	31%	28%	25%
Current Tax	7	4	21	19	11	8	20	13
Deferred Tax	-3	-2	-2	-2	-3	-2	-2	-3
+ Net Profit	11	5	50	48	25	16	45	31
Extraordinary Income / Expense	0	0	0	0	0	-5	-3	0
Exceptional Item	0	0	0	0	0	-5	-3	0
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	1,916	2,002	1,962	2,133	2,170	2,117	2,297	2,238	2,366	2,149
Sales Growth %		4%	-2%	9%	2%	-2%	9%	-3%	6%	-9%
Gross Sales	1,432	1,403	1,788	2,109	2,158	2,111	2,297	2,238	2,366	2,149
Excise Duty	268	284	72	0	0	0	0	0	0	0
Other Operating Income	24	30	29	24	12	5	0	0	0	0
+ Expenses	1,685	1,723	1,599	1,650	1,642	1,610	1,862	1,989	2,049	1,909
Material Cost %	17%	18%	19%	18%	18%	18%	19%	18%	20%	21%
Raw Material Cost	343	326	357	392	384	369	450	414	433	428
Change in Inventory	-9	35	14	-5	5	4	-22	-13	29	14
Manufacturing Cost %	29%	29%	32%	33%	31%	33%	38%	44%	38%	38%
Employee Cost %	5%	6%	6%	6%	6%	6%	6%	6%	6%	7%
Other Cost %	36%	33%	25%	21%	20%	20%	19%	21%	23%	23%
Raw Materials %	18%	16%	18%	18%	18%	17%	20%	18%	18%	20%
Purchase of Finished Goods %	0%	0%	0%	0%	0%	0%	0%	0%	0%	1%
Stock Adjustments %	0%	-2%	-1%	0%	-0%	-0%	1%	1%	-1%	-1%
Power & Fuel %	24%	21%	23%	24%	22%	23%	28%	35%	28%	26%
Other Manufacturing Expenses %	5%	8%	9%	9%	10%	10%	10%	10%	10%	12%
Selling & Administration %	21%	18%	20%	20%	19%	18%	18%	20%	22%	22%
Miscellaneous Expenses %	1%	1%	1%	1%	2%	1%	1%	1%	1%	1%
Freight Charges %	12%	12%	14%	14%	13%	13%	13%	14%	15%	15%
Operating Profit	231	279	363	483	528	507	435	249	317	239
OPM %	12%	14%	19%	23%	24%	24%	19%	11%	13%	11%
+ Other Income	22	24	20	35	53	46	49	45	55	45
Miscellaneous Income	19	39	20	35	53	46	49	45	55	45
Exceptional Income	0	15	0	0	0	0	0	0	0	0
Interest	108	90	74	75	74	51	36	46	35	29
Depreciation	100	99	101	102	109	111	112	112	110	110
Profit before tax	51	114	208	342	398	391	335	136	227	146
+ Tax %	19%	33%	36%	35%	33%	19%	25%	27%	26%	27%
Current Tax	11	24	44	74	69	73	59	41	67	47
Deferred Tax	-1	13	30	47	61	3	24	-4	-8	-8
+ Net Profit	39	76	133	221	268	315	252	99	168	107
Profit Growth %		94%	75%	66%	21%	17%	-20%	-61%	69%	-36%
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	227	227	227	227	227	227	227	227	227	227
Reserves	668	740	820	945	1,088	1,267	1,339	1,235	1,243	1,169
+ Borrowings	1,039	705	619	517	413	306	199	182	137	75
Secured Borrowings	18	55	99	147	160	174	190	174	125	65
Unsecured Borrowings	1,021	650	520	370	253	132	9	8	12	11
+ Other Liabilities	681	735	867	1,008	1,065	1,045	1,060	1,022	1,054	1,071
Current Liabilities	853	899	1,018	1,114	1,136	1,032	1,034	1,012	1,053	1,072
Provisions	207	216	219	234	267	220	224	219	227	234
Other liability items	35	61	76	89	71	58	42	24	17	14
Total Liabilities	2,615	2,408	2,533	2,696	2,793	2,845	2,824	2,665	2,661	2,542
+ Fixed Assets	1,901	1,877	1,806	1,737	1,693	1,618	1,562	1,490	1,410	1,346
Gross Block	2,000	2,075	2,104	2,134	2,195	2,220	2,265	2,302	2,323	2,364
Accumulated Depreciation	99	198	298	398	502	601	703	812	913	1,018
CWIP	56	6	8	17	16	19	27	6	28	110
Investments	0	0	0	0	0	0	5	5	14	20
+ Other Assets	657	524	719	941	1,084	1,208	1,230	1,164	1,209	1,065
Inventories	178	140	127	167	146	161	173	175	176	171
Trade receivables	26	13	19	25	26	33	40	31	55	57
Cash Equivalents	8	14	212	338	471	432	382	492	555	478
Loans n Advances	557	524	530	552	523	415	605	429	371	321
Other asset items	-112	-166	-169	-141	-82	167	30	36	52	37
Total Assets	2,615	2,408	2,533	2,696	2,793	2,845	2,824	2,665	2,661	2,542

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	257	361	377	393	459	439	302	226	350	265
Profit Before Tax & Extraordinary Items	45	114	208	342	398	391	335	136	227	146
Depreciation	100	99	101	102	109	111	112	112	110	110
Interest (Net)	92	85	67	54	41	27	5	15	-8	-7
Profit / Loss on Sale of Assets	-1	0	-1	0	0	-3	-1	0	0	0
Provisions & Write-offs (Net)	-7	-16	-5	-4	-7	-4	-2	-1	-2	-2
Profit / Loss in Forex	0	0	0	0	1	0	-1	1	1	0
Receivables	-7	13	-6	-7	0	-8	-7	9	-24	-2
Inventories	13	39	13	-41	22	-15	-12	-2	-1	5
Trade Payables	28	34	83	66	-18	57	4	0	45	30
Direct Taxes Paid	-13	-25	-44	-71	-75	-67	-55	-44	-63	-49
+ Cash from Investing Activity	-108	-40	-14	-26	-14	-173	-35	144	-48	-73
Purchase of Fixed Assets	-125	-47	-23	-43	-44	-48	-47	-28	-74	-109
Sale of Fixed Assets	3	3	5	1	0	3	1	0	1	10
Purchase of Investments	0	0	0	0	0	0	-5	0	-9	-6
Interest Received	14	4	5	16	30	23	28	28	37	36
Loans to Subsidiaries	0	0	0	0	0	-150	0	0	0	0
Others	0	0	0	0	0	-1	-12	144	-3	-3
+ Cash from Financing Activity	-287	-315	-165	-242	-314	-304	-328	-267	-242	-271
Proceeds from Other Long-Term Borrowings	0	0	0	67	0	0	0	0	0	0
Repayment of Long-Term Borrowings	0	0	0	-150	-125	-125	-120	-34	-63	-69
Repayment of Financial Liabilities	0	0	0	0	-7	-7	-5	-4	-4	-4
Dividend Paid	0	0	-54	-95	-123	-135	-181	-203	-158	-181
Others	-172	-221	-41	0	0	0	0	0	0	0
Net Cash Flow	-138	6	198	125	131	-38	-61	104	60	-79