HeidelbergCement India

₹121.85As of Sun 8 Nov 2026, 12:00 UTC

NSE:HEIDELBERGMaterials

Country India

PE (Fwd) 20.50

TSR 10Y CAGR 1.44%

Div yield 5.74%

ROE —

Building Materials

Beta (5Y) 0.42

PE TTM 20.61

TSR TTM (35.12%)

Mkt cap ₹27.77B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹128

5.12%

(53.34%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

23.30

Revenue₹B

—

22.97

22.38

23.66

21.49

23.30

23.95

0.35%

8.41

Revenue growth%

—

(2.56)

5.70

(9.17)

8.41

2.82

1.57

—

77.88

Gross margin%

—

79.71

80.51

78.59

76.99

77.88

77.91

78.59

100

8.12

Operating margin%

—

14.42

6.27

8.90

6.28

8.12

7.86

8.12

5.75

Net margin%

—

10.98

4.43

7.09

4.97

5.75

5.55

5.75

20.61

P/E ratio (avg)x

—

21.86

42.98

26.87

47.30

32.82

20.78

32.82

14.60

EV/EBITx

—

16.65

30.35

21.42

37.42

23.26

14.66

23.26

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

5.91

EPS₹

—

11.13

4.38

7.40

4.71

5.91

5.86

(14.63%)

—

25.50

EPS growth%

—

(60.69)

69.15

(36.36)

25.50

(0.84)

(5.43)

—

Bookvalue per sh₹

—

FCF per share₹

—

7.00

Dividend per sh₹

—

9.00

7.00

8.00

7.00

7.12

(6.09%)

—

5.74

Div yield (avg)%

—

3.70

3.72

4.02

3.14

3.61

5.84

3.70

118.40

Payout ratio%

—

80.85

159.95

108.07

148.59

118.40

121.46

118.40

226.6

Shares (diluted)M

—

226.6

◌226.6

—

Buyback yield%

—

◌—

—

D/E ratiox

—

27.61

Enterprise value₹B

—

55.15

42.62

45.08

50.49

43.97

27.61

(5.51%)

—

LT debt₹M

—

Peers (US$290.5M)

Cap (US$)

Varmora Granito Limited

318.2M

25.01x

Orient Cement Limited

274.0M

13.36x

Mangalam Cement Limited

267.0M

24.58x

Komatsu Wall Industry…

291.4M

14.92x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

11.03

6.612

Own earn%

—

Sh yield%

5.74

3.66

Owners

Insiders/Inst%

1.43

18.37

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

6–14

$1 testx

—

Incr. ROIC%

—

HeidelbergCement India Limited manufactures and sells cement in India. The company offers Portland pozzolana cement under the mycem, mycem Primo, mycem Power, and mycem Power Shield brand names. It also manufactures and sells clinkers; and sells scrap products. In addition, the company provides mobile technical lab services.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹23.30B

0.35%

1.00×

Cost of revenue

₹5.152B

2.54%

1.09×

Operating expenses

₹16.25B

2.03%

1.07×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m