Andhra Cements Limited
NSE: ACLCement & Cement Products
Share price
₹38.97
-1.12% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
17
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹359 Cr
P/E ratio
—
P/B ratio
4.4
ROCE
-6.0%
ROE
-59.6%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2023 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2023 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
It has no earnings, so there is no price-to-earnings to compare.
Whether growth justifies the valuation
It has no earnings to weigh the price against.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Andhra Cements Limited — this one | — | — | — |
| Dalmia Bharat | -1%/yr | 27.6× | — |
| ACC Limited | 31%/yr | 11.2× | ₹0.36 |
| The Ramco Cements | -54%/yr | 102.8× | — |
| JSW Cement Limited | 68%/yr | 19.2× | ₹0.28 |
| Nuvoco Vistas Corporation Limited | -3%/yr | 27.7× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Cement & Cement Products), it ranks 32 of 34 on returns, 30 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
It is losing money on the capital in the business, so there is no advantage to measure.
Whether its growth pays for itself
No — Over the last five years it made ₹158 crore of cash from the business but spent ₹415 crore on plant and equipment, ₹257 crore more than it made; the gap was from lenders and shareholders. It has not made a profit over 12 years.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
3 of 6 checks clear · 50%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹359 Cr
- Prev close
- ₹38.97
- 52w High
- ₹85.6
- 52w Low
- ₹38.4
- Enterprise value
- ₹1,488 Cr
- Beta
- 0.9
- Price CAGR 1y
- -53.0%
- Price CAGR 3y
- -26.0%
- Price CAGR 5y
- 21.0%
- Price CAGR 10y
- 17.0%
Ratios
- Return on assets
- -4.7%
- PEG ratio
- —
- P/E ratio
- —
- P/B ratio
- 4.4
- EV / EBITDA
- 93.0
- Industry P/E
- 27.4
- ROCE
- -6.0%
- ROCE 5y average
- -16.6%
- ROE
- -59.6%
- Debt / Equity
- 13.9
- Interest coverage
- -0.6
- Dividend yield
- 0.0%
- ROE 3y average
- -47.0%
- ROE last year
- -64.0%
Annual P&L
- Annual revenue
- ₹442 Cr
- Annual profit
- -₹67 Cr
- Operating margin
- 3.6%
- Net profit margin
- -15.2%
- EBITDA margin
- 3.6%
- Sales growth 3y
- —
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- 11.0%
- EPS
- ₹-7.3
- Sales growth TTM
- 56.0%
- Profit growth TTM
- 52.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹142 Cr
- Profit latest quarter
- -₹36 Cr
- YoY quarterly sales growth
- 42.8%
- YoY quarterly profit growth
- —
- OPM latest quarter
- 2.6%
Balance Sheet
- Book Value
- ₹8.8
- Face Value
- ₹10.0
- Total debt
- ₹1,127 Cr
- Total cash
- ₹54 Cr
- Borrowings
- ₹1,127 Cr
- Reserves / Equity
- -0.1
Cash Flow
- Operating cash flow
- -₹25 Cr
- Free cash flow
- -₹246 Cr
- FCF yield
- -96.1%
- Net cash flow
- ₹0 Cr
Shareholding
- Promoter holding
- 75.0%
- FII holding
- —
- DII holding
- 0.3%
- Public holding
- 24.7%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| UltraTech Cem. | 10,658.00 | 36.3 | 3,12,706 | 2.25 | 2,603.7 | 15.8 | 24,648.2 | 15.8 | 12.7 |
| Grasim Inds | 2,921.10 | 34.7 | 1,99,059 | 0.34 | 3,846.3 | 50.0 | 48,716.2 | 21.4 | 8.0 |
| Ambuja Cements | 356.90 | 18.8 | 88,573 | 0.56 | 660.0 | -29.8 | 9,500.0 | -7.7 | 5.6 |
| Shree Cement | 21,780.00 | 48.5 | 79,053 | 0.69 | 531.1 | -17.7 | 6,233.1 | 18.0 | 10.3 |
| J K Cements | 5,047.00 | 40.0 | 39,025 | 0.40 | 274.6 | -14.5 | 4,031.7 | 20.3 | 15.1 |
| Dalmia BharatLtd | 1,640.10 | 28.0 | 30,736 | 0.55 | 192.0 | -15.3 | 3,890.0 | 7.0 | 7.6 |
| ACC | 1,165.50 | 11.5 | 21,907 | 0.64 | 147.0 | -56.3 | 5,808.0 | -4.6 | 11.3 |
| Andhra Cements | 39.41 | 365 | 0.00 | -35.9 | -21.3 | 142.2 | 42.8 | -6.0 | |
| Median | 159.13 | 28.0 | 2,777 | 0.33 | 40.6 | -22.7 | 742.7 | 9.5 | 7.0 |
Competes with: ACC Limited, Ambuja Cements, Dalmia Bharat, Grasim Industries Limited, JK Cement, Shree Cement, UltraTech Cement
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13 | 65 | 98 | 92 | 63 | 55 | 66 | 89 | 100 | 78 | 110 | 155 | 142 |
| Expenses | 24 | 57 | 93 | 96 | 69 | 65 | 75 | 95 | 93 | 82 | 105 | 146 | 138 |
| Material Cost | 15 | 14 | 6.59 | 20 | 24 | 18 | |||||||
| Change in Inventories | -9.68 | 0.22 | 33 | -15 | -8.31 | 16 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 4.05 | 3.82 | 4.56 | 4.31 | 4.47 | 4.26 | |||||||
| Other Expenses | 85 | 75 | 38 | 96 | 126 | 100 | |||||||
| Operating Profit | -11 | 8 | 5 | -5 | -5 | -10 | -8 | -5 | 7 | -4 | 5 | 9 | 4 |
| OPM % | -83 | 12 | 4.68 | -5.01 | -8.49 | -19 | -13 | -5.92 | 6.67 | -5.75 | 4.60 | 5.70 | 2.63 |
| Other Income | 0 | 15 | 0 | 7 | 5 | 1 | 2 | -7 | 1 | 1 | 1 | 8 | 1 |
| Exceptional items (within Other Income) | -6.26 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 14 | 19 | 20 | 18 | 18 | 18 | 19 | 20 | 21 | 21 | 26 | 30 | 32 |
| Depreciation | 13 | 13 | 16 | 15 | 17 | 18 | 18 | 18 | 17 | 17 | 23 | 27 | 21 |
| Profit before tax | -38 | -9 | -31 | -30 | -36 | -45 | -44 | -50 | -30 | -42 | -44 | -41 | -48 |
| Tax % | -34 | -89 | -31 | -37 | -35 | -22 | 0 | 0 | 0 | 0 | 0 | -219 | -25 |
| Net Profit | -25 | -1 | -21 | -19 | -24 | -35 | -44 | -50 | -30 | -42 | -44 | 49 | -36 |
| EPS in Rs | -2.68 | -0.11 | -2.30 | -2.04 | -2.56 | -3.78 | -4.74 | -5.41 | -3.21 | -4.55 | -4.79 | 5.26 | -3.90 |
| Diluted EPS in Rs | -5.41 | -3.22 | -4.55 | -4.79 | 5.26 | -3.90 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Jun 2015 15m | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 278 | 292 | 349 | 466 | 321 | 143 | 0 | 0 | 0 | 268 | 274 | 442 | 485 |
| Expenses | 253 | 258 | 310 | 411 | 308 | 151 | 29 | 31 | 25 | 271 | 303 | 426 | 472 |
| Material Cost | 47 | 64 | |||||||||||
| Change in Inventories | -25 | 10 | |||||||||||
| Purchases of Stock-in-Trade | 0 | 0 | |||||||||||
| Employee Cost | 16 | 17 | |||||||||||
| Other Expenses | 264 | 335 | |||||||||||
| Operating Profit | 25 | 34 | 39 | 55 | 13 | -8 | -29 | -31 | -25 | -3 | -29 | 16 | 13 |
| OPM % | 9 | 12 | 11 | 12 | 4.10 | -5 | -29,240 | -1.20 | -11 | 3.60 | 2.70 | ||
| Other Income | -36 | 3 | 2 | 45 | -38 | 1 | 1 | -1 | 972 | 23 | 1 | 10 | 10 |
| Exceptional items (within Other Income) | -6.26 | 0 | |||||||||||
| Interest | 62 | 74 | 105 | 127 | 108 | 122 | 130 | 158 | 16 | 71 | 75 | 98 | 109 |
| Depreciation | 25 | 30 | 40 | 45 | 47 | 48 | 48 | 47 | 47 | 56 | 72 | 84 | 88 |
| Profit before tax | -99 | -67 | -104 | -72 | -181 | -177 | -205 | -236 | 884 | -107 | -175 | -156 | -175 |
| Tax % | -0 | -1 | -1 | -1 | -0 | -5 | 0 | 0 | -7 | -39 | -13 | -57 | |
| Net Profit | -99 | -67 | -103 | -71 | -180 | -168 | -205 | -236 | 950 | -66 | -152 | -67 | -73 |
| EPS in Rs | -3.37 | -2.28 | -3.51 | -2.42 | -6.14 | -5.73 | -6.99 | -8.05 | 103 | -7.12 | -17 | -7.29 | -7.98 |
| Diluted EPS in Rs | -17 | -7.29 | |||||||||||
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 4%
- 5 years
- —
- 3 years
- —
- TTM
- 56%
Compounded profit growth
- 10 years
- -1%
- 5 years
- 11%
- 3 years
- —
- TTM
- 52%
Stock price CAGR
- 10 years
- 17%
- 5 years
- 21%
- 3 years
- -26%
- 1 year
- -53%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- -47%
- Last year
- -64%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 294 | 294 | 294 | 294 | 294 | 294 | 294 | 294 | 92 | 92 | 92 | 92 |
| Reserves | -151 | -255 | -358 | -428 | -608 | -774 | -974 | -1,210 | 263 | 205 | 52 | -11 |
| Borrowings | 864 | 903 | 927 | 937 | 960 | 961 | 963 | 970 | 525 | 675 | 757 | 1,127 |
| Other Liabilities | 364 | 313 | 386 | 420 | 410 | 522 | 656 | 817 | 36 | 107 | 243 | 212 |
| Total Liabilities | 1,370 | 1,253 | 1,249 | 1,222 | 1,054 | 1,003 | 940 | 871 | 917 | 1,080 | 1,144 | 1,420 |
| Fixed Assets | 845 | 818 | 777 | 1,007 | 973 | 926 | 878 | 832 | 738 | 815 | 759 | 977 |
| CWIP | 265 | 286 | 302 | 30 | 1 | 1 | 1 | 0 | 26 | 0 | 106 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 259 | 150 | 170 | 185 | 80 | 76 | 60 | 39 | 152 | 265 | 280 | 437 |
| Total Assets | 1,370 | 1,253 | 1,249 | 1,222 | 1,054 | 1,003 | 940 | 871 | 917 | 1,080 | 1,144 | 1,420 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 151 | 43 | 55 | 93 | 22 | 117 | 119 | 151 | -1 | -27 | 60 | -25 |
| Cash from Investing Activity | -207 | -17 | -3 | 42 | 1 | 0 | 3 | 1 | -35 | -96 | -81 | -248 |
| Cash from Financing Activity | 62 | -34 | -55 | -119 | -45 | -118 | -122 | -152 | 80 | 90 | 11 | 274 |
| Net Cash Flow | 6 | -8 | -2 | 16 | -22 | -0 | -0 | 0 | 44 | -33 | -11 | 0 |
| Free Cash Flow | -66 | 25 | 52 | 132 | 23 | 117 | 119 | 151 | -28 | -117 | -17 | -246 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 61 | 39 | 28 | 21 | 22 | 51 | 27,996 | 52 | 40 | 38 | ||
| Inventory Days | 439 | 202 | 233 | 211 | 141 | 405 | 63,551 | 14,368 | 930 | 1,019 | 398 | |
| Days Payable | 1,378 | 791 | 1,280 | 1,064 | 1,075 | 4,109 | 7,71,651 | 3,208 | 1,172 | 2,164 | 575 | |
| Cash Conversion Cycle | -878 | -550 | -1,019 | -832 | -912 | -3,653 | -6,80,104 | -190 | -1,105 | -138 | ||
| Working Capital Days | -358 | -322 | -316 | -269 | -742 | -2,189 | -37,94,504 | -34 | -248 | -85 | ||
| ROCE % | 1 | 0 | 2 | -4 | -10 | -20 | -45 | -15 | -6 | -11 | -6 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-09-30
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-09-30
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-09-30
News
News and filings about Andhra Cements Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- coal
- fly ash
- gypsum
- laterite
- limestone
- pet coke
Depends on the price of
- cement
- coal
Sells to
- Sagar Cements Limited · Clinker
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Construction Materials
- Industry
- Cement & Cement Products
- Classification
- Construction Materials › Cement & Cement Products
- ISIN
- INE666E01020
Plants
- Sri Durga Cement Works
- Visaka Cement Works
News impact
Big market events that reach Andhra Cements Limited, and how the effect spreads.
29 Sept, 12:50 IST · Market event · high impact
NCC shares rally 5% after securing Rs 1,076 crore Andhra Pradesh drinking water project
NCC won a Rs 1,076.71 crore Andhra water job, helping it and its suppliers, while rival builders who missed the tender gain nothing.
Who it hits first
- NCC Limited won a Rs 1,076.71 crore drinking water order, excluding GST, for the Yeleru Reservoir multi-village scheme in Anakapalli, Andhra Pradesh.
- Shares rallied 5% as the win adds clear revenue visibility for the construction firm.
- The job will be built over coming quarters, turning into billed sales as villages get connected.
Who may gain
- NCC Limited, a construction firm, as it bills the Rs 1,076.71 crore water contract over time.
- ACE, a Capital Goods supplier to NCC, as site machines and equipment get ordered.
- APL Apollo and Jindal Saw, suppliers to NCC, as pipes and materials are procured for the network.
- Local villages in Anakapalli, as the multi-village scheme brings piped drinking water.
Along the supply chain
Downstream
Downstream, the Andhra Pradesh Rural Water Supply Department, the government buyer, pays NCC as work completes, and village households receive the drinking water.
Upstream
Upstream vendors such as Electrosteel Castings and Jindal Steel, both suppliers to NCC, plus pipe and steel makers, get a chance at project orders, though NCC may split buying across many vendors. Note: SIGIND and CROWN also supply to NCC per the graph but have no fundamentals row, so no signal was emitted for them.
Where demand moves
Business
NCC orders pipes, steel, cement and machines to build the network, so its suppliers see fresh purchase orders while villagers gain water.
Capital
Investors bid up NCC 5% on the win and look at its suppliers, while rivals without new orders stay flat.
How it spreads across sectors
Capital Goods
Makers of pipes and site equipment see a chance for fresh project orders.
Construction
Order-book sentiment improves as a Rs 1,076.71 crore water win shows state spending is flowing.
When it plays out
Immediate
NCC shares hold the 5% gain while the market checks order terms and margin scope this week.
Medium term
Billing builds over quarters as the Yeleru network is laid; state payment pace decides cash flow.
Short term
NCC mobilises men and machines in Anakapalli and starts placing pipe and material orders.
23 Sept, 23:51 IST · Market event · medium impact
Cyclone tracking: Deep depression nears Andhra - Odisha coast; IMD issues red alert. Is there a holiday tomorrow?
IMD red alert as deep depression nears Andhra-Odisha coast shut schools in eight districts, delaying flights, ships and parcels and hurting transport firms, while digital finance sees only brief branch pauses.
Who it hits first
- A deep depression sits off the Andhra-Odisha coast with an IMD red alert, and eight Odisha districts have shut schools
- Delhivery, Shadowfax, BlackBuck and TVS Supply Chain, which move parcels and factory goods by road, stall trucks through flooded highways, while GMR Airports cancels east-coast flights and Shreeji Shipping holds coastal sailings
- Adani Ports runs four ports in the two states plus IOC Paradip refinery and steel plants at Kalinganagar and Rourkela sit in the storm path, but they were outside the ranked pool, so no signal is emitted for them here
Who may gain
- No immediate winner — coastal transport, ports and construction pause for safety
- Andhra Cements and other builders later, if storm repairs lift cement and repair demand
Along the supply chain
Downstream
Downstream, shops, factories and hospitals waiting on Andhra-Odisha deliveries get late parcels and raw material, while flyers rebook through GMR-served airports and coastal cargo waits for calm seas
Upstream
Upstream, fuel stops, port pilots and warehouse hands in Visakhapatnam, Paradip, Dhamra and Gopalpur idle while the alert holds, so Delhivery, BlackBuck, TVS Supply Chain and Shreeji Shipping pay waiting costs without moving goods
Where demand moves
Business
Business demand pauses rather than disappears — parcels wait, flights rebook, ships anchor — so transport sellers lose days of fees while digital payments and insurance sales simply shift by a few days.
Capital
Capital steps back from coastal transport and Andhra makers on delay fears, with no rush into lenders or life insurers since a two-day alert brings no loan or claim wave.
How it spreads across sectors
Financial Services
Banks, payments firms and life insurers see only brief branch and agent shutdowns, with no loan or claim wave sized.
Services
Parcel, trucking, supply-chain, airport and shipping sellers lose days of fees to floods and cancellations.
A pattern seen before
Cascade chain
Pattern name
Monsoon Cascade
Patterns
- Monsoon Cascade
Sectors queried
- FMCG
When it plays out
Immediate
Red alert holds; flights cancel, ships anchor, trucks park and schools stay shut in eight districts
Medium term
Repairs to roads, roofs and power lines lift local cement and construction work over one to six months if damage is material
Short term
Storm passes and backlogs clear within one to two weeks; transport volumes snap back and delayed premiums get collected
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Splits, bonuses & buybacks
- daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2630 May 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.