About
HeidelbergCement India Limited manufactures and sells cement in India and internationally. The company offers Portland pozzolana cement under the mycem, mycem Primo, mycem Power, and mycem Power Shield brands. It also manufactures and sells clinkers; and sells scrap materials. In addition, the company provides concrete solution labs, including mobile technical lab services. The company was formerly known as Mysore Cements Limited and changed its name to HeidelbergCement India Limited in April 2009. The company was incorporated in 1958 and is based in Gurugram, India. HeidelbergCement India Limited is a subsidiary of Heidelberg Materials South Asia B.V.
Key Metrics
as of Sep 2026Market Cap3,630 Cr
P/E29.90
Div Yield4.37 %
Book Value₹60.50
52w High₹222.00
52w Low₹136.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 628.00 | 646.00 | 574.00 | 512.00 | 598.00 | 612.00 | 543.00 | 461.00 | 532.00 | 597.00 | 607.00 | 566.00 | 596.00 |
| Expenses | 561.00 | 558.00 | 521.00 | 454.00 | 509.00 | 522.00 | 510.00 | 424.00 | 454.00 | 508.00 | 542.00 | 497.00 | 503.00 |
| Operating Profit | 67.00 | 88.00 | 53.00 | 58.00 | 89.00 | 91.00 | 33.00 | 37.00 | 78.00 | 89.00 | 65.00 | 69.00 | 93.00 |
| OPM % | 11.00 | 14.00 | 9.00 | 11.00 | 15.00 | 15.00 | 6.00 | 8.00 | 15.00 | 15.00 | 11.00 | 12.00 | 16.00 |
| Other Income | 6.00 | 4.00 | 1.00 | 9.00 | 9.00 | 11.00 | 9.00 | 13.00 | 12.00 | 14.00 | 13.00 | 14.00 | 13.00 |
| Depreciation | 29.00 | 27.00 | 28.00 | 27.00 | 27.00 | 27.00 | 28.00 | 26.00 | 28.00 | 28.00 | 27.00 | 27.00 | 27.00 |
| Interest | 3.00 | 1.00 | 4.00 | 6.00 | 6.00 | 5.00 | 7.00 | 9.00 | 9.00 | 9.00 | 8.00 | 9.00 | 9.00 |
| Profit before tax | 41.00 | 63.00 | 22.00 | 33.00 | 65.00 | 70.00 | 8.00 | 15.00 | 53.00 | 66.00 | 43.00 | 48.00 | 70.00 |
| Tax % | 25.00 | 28.00 | 31.00 | 26.00 | 25.00 | 27.00 | 31.00 | 26.00 | 25.00 | 27.00 | 26.00 | 26.00 | 25.00 |
| Net Profit | 31.00 | 45.00 | 16.00 | 25.00 | 48.00 | 50.00 | 5.00 | 11.00 | 40.00 | 48.00 | 31.00 | 36.00 | 52.00 |
| EPS in Rs | 1.35 | 2.00 | 0.69 | 1.10 | 2.13 | 2.23 | 0.23 | 0.49 | 1.76 | 2.13 | 1.39 | 1.58 | 2.31 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,330.00 | 2,149.00 | 2,366.00 | 2,238.00 | 2,297.00 | 2,117.00 | 2,170.00 | 2,133.00 | 1,889.00 | 1,717.00 | 1,648.00 | 2,044.00 |
| Expenses | 2,043.00 | 1,909.00 | 2,049.00 | 1,989.00 | 1,862.00 | 1,610.00 | 1,642.00 | 1,650.00 | 1,526.00 | 1,439.00 | 1,417.00 | 1,783.00 |
| Operating Profit | 287.00 | 240.00 | 317.00 | 249.00 | 435.00 | 507.00 | 528.00 | 483.00 | 363.00 | 279.00 | 231.00 | 261.00 |
| OPM % | 12.00 | 11.00 | 13.00 | 11.00 | 19.00 | 24.00 | 24.00 | 23.00 | 19.00 | 16.00 | 14.00 | 13.00 |
| Other Income | 24.00 | 45.00 | 55.00 | 45.00 | 49.00 | 46.00 | 53.00 | 35.00 | 20.00 | 24.00 | 22.00 | 135.00 |
| Interest | 18.00 | 29.00 | 35.00 | 46.00 | 36.00 | 51.00 | 74.00 | 75.00 | 74.00 | 90.00 | 108.00 | 139.00 |
| Depreciation | 109.00 | 110.00 | 110.00 | 112.00 | 112.00 | 111.00 | 109.00 | 102.00 | 101.00 | 99.00 | 100.00 | 138.00 |
| Profit before tax | 184.00 | 146.00 | 227.00 | 136.00 | 335.00 | 391.00 | 398.00 | 342.00 | 208.00 | 114.00 | 45.00 | 120.00 |
| Tax % | 27.00 | 27.00 | 26.00 | 27.00 | 25.00 | 20.00 | 33.00 | 35.00 | 36.00 | 33.00 | 22.00 | 50.00 |
| Net Profit | 134.00 | 107.00 | 168.00 | 99.00 | 252.00 | 315.00 | 268.00 | 221.00 | 133.00 | 76.00 | 35.00 | 60.00 |
| EPS in Rs | 5.91 | 4.71 | 7.40 | 4.38 | 11.13 | 13.90 | 11.83 | 9.74 | 5.88 | 3.36 | 1.56 | 2.63 |
| Dividend Payout % | 118.00 | 149.00 | 108.00 | 160.00 | 81.00 | 58.00 | 63.00 | 41.00 | 43.00 | 59.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 | 227.00 |
| Reserves | 1,145.00 | 1,169.00 | 1,243.00 | 1,235.00 | 1,339.00 | 1,267.00 | 1,088.00 | 945.00 | 820.00 | 740.00 | 668.00 | 645.00 |
| Borrowings | 14.00 | 75.00 | 137.00 | 182.00 | 199.00 | 306.00 | 413.00 | 517.00 | 619.00 | 705.00 | 1,039.00 | 1,299.00 |
| Other Liabilities | 1,052.00 | 1,071.00 | 1,054.00 | 1,022.00 | 1,060.00 | 1,045.00 | 1,065.00 | 1,008.00 | 867.00 | 735.00 | 681.00 | 650.00 |
| Total Liabilities | 2,438.00 | 2,542.00 | 2,661.00 | 2,665.00 | 2,824.00 | 2,845.00 | 2,793.00 | 2,696.00 | 2,533.00 | 2,408.00 | 2,615.00 | 2,820.00 |
| Fixed Assets | 1,392.00 | 1,346.00 | 1,410.00 | 1,490.00 | 1,562.00 | 1,618.00 | 1,693.00 | 1,737.00 | 1,806.00 | 1,877.00 | 1,901.00 | 1,794.00 |
| CWIP | 10.00 | 110.00 | 28.00 | 6.00 | 27.00 | 19.00 | 16.00 | 17.00 | 8.00 | 6.00 | 56.00 | 127.00 |
| Investments | 20.00 | 20.00 | 14.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,016.00 | 1,065.00 | 1,209.00 | 1,164.00 | 1,230.00 | 1,208.00 | 1,084.00 | 941.00 | 719.00 | 524.00 | 657.00 | 899.00 |
| Total Assets | 2,438.00 | 2,542.00 | 2,661.00 | 2,665.00 | 2,824.00 | 2,845.00 | 2,793.00 | 2,696.00 | 2,533.00 | 2,408.00 | 2,615.00 | 2,820.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 198.00 | 265.00 | 350.00 | 226.00 | 302.00 | 439.00 | 459.00 | 393.00 | 377.00 | 361.00 | 257.00 | 238.00 |
| Cash from Investing Activity | -341.00 | -73.00 | -48.00 | 144.00 | -35.00 | -173.00 | -14.00 | -26.00 | -14.00 | -40.00 | -108.00 | 6.00 |
| Cash from Financing Activity | -244.00 | -271.00 | -242.00 | -267.00 | -328.00 | -304.00 | -314.00 | -242.00 | -165.00 | -315.00 | -287.00 | -212.00 |
| Net Cash Flow | -386.00 | -79.00 | 60.00 | 104.00 | -61.00 | -38.00 | 131.00 | 125.00 | 198.00 | 6.00 | -138.00 | 32.00 |
| Free Cash Flow | 146.00 | 165.00 | 277.00 | 199.00 | 255.00 | 394.00 | 415.00 | 351.00 | 359.00 | 317.00 | 135.00 | 65.00 |
| CFO/OP % | 90.00 | 131.00 | 130.00 | 109.00 | 82.00 | 100.00 | 101.00 | 96.00 | 116.00 | 138.00 | 117.00 | 95.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.00 | 10.00 | 8.00 | 5.00 | 6.00 | 6.00 | 4.00 | 4.00 | 4.00 | 3.00 | 6.00 | 3.00 |
| Inventory Days | 125.00 | 141.00 | 139.00 | 160.00 | 147.00 | 157.00 | 137.00 | 158.00 | 125.00 | 141.00 | 195.00 | 168.00 |
| Days Payable | 244.00 | 245.00 | 235.00 | 239.00 | 225.00 | 265.00 | 243.00 | 262.00 | 223.00 | 194.00 | 204.00 | 168.00 |
| Cash Conversion Cycle | -109.00 | -94.00 | -88.00 | -75.00 | -71.00 | -102.00 | -101.00 | -100.00 | -95.00 | -50.00 | -3.00 | 3.00 |
| Working Capital Days | -50.00 | -67.00 | -49.00 | -37.00 | -5.00 | -61.00 | -63.00 | -62.00 | -79.00 | -36.00 | -93.00 | -62.00 |
| ROCE % | 15.00 | 11.00 | 16.00 | 11.00 | 21.00 | 25.00 | 28.00 | 25.00 | 17.00 | 11.00 | 7.00 | 9.00 |
Corporate Actions
23 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Sep 2025 | 12 Sep 2025 | — | 7.00 | |
| Dividend | 17 Sep 2024 | 18 Sep 2024 | — | 8.00 | |
| Dividend | 20 Sep 2023 | 20 Sep 2023 | — | 7.00 | |
| Dividend | 30 Aug 2022 | 01 Sep 2022 | — | 9.00 | |
| Dividend | 17 Sep 2021 | 20 Sep 2021 | — | 8.00 | |
| Dividend | 10 Sep 2020 | 11 Sep 2020 | — | 6.00 | |
| Dividend | 05 Dec 2019 | 06 Dec 2019 | — | 1.50 | |
| Dividend | 11 Sep 2019 | 12 Sep 2019 | — | 3.00 | |
| Dividend | 05 Nov 2018 | 06 Nov 2018 | — | 1.00 | |
| Dividend | 12 Sep 2018 | — | — | 2.50 | |
| Dividend | 14 Sep 2017 | — | — | 2.00 | |
| Other | 12 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 30 Jul 2015 | — | — | — | Annual General Meeting |
| Other | 12 Jun 2014 | — | — | — | Annual General Meeting |
| Other | 09 May 2013 | — | — | — | Annual General Meeting |
| Other | 13 Apr 2012 | — | — | — | Annual General Meeting |
| Other | 02 Jun 2011 | — | — | — | Annual General Meeting |
| Other | 05 May 2010 | — | — | — | Annual General Meeting |
| Other | 22 May 2009 | — | — | — | Annual General Meeting |
| Other | 18 Jun 2008 | — | — | — | Annual General Meeting |
| Other | 30 May 2007 | — | — | — | Agm |
| Other | 30 Aug 2006 | — | — | — | Agm Bc Date Revised |
| Other | 14 Sep 2005 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update31 Jan 2023 from fitch
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Rating update3 Nov 2021 from fitch
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Rating update5 Nov 2020 from fitch
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Rating update27 Mar 2020 from fitch
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Rating update29 Mar 2019 from fitch
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Rating update6 Apr 2018 from fitch
Conference Calls
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