Anjani Portland Cement Limited
NSE: APCLCement & Cement Products
Share price
₹89.10
-4.06% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
34
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹258 Cr
P/E ratio
—
P/B ratio
0.7
ROCE
0.0%
ROE
-10.0%
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
Sales fell 10.7% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 13.5% to 4.7% over the last four years.
Whether it grew faster than its sector
It grew -15.6% a year against a sector median of 8.5% — 24.0 percentage points slower.
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 | |
|---|---|---|---|
| Anjani Portland Cement Limited — this one | 14%/yr | — | — |
| ACC Limited | 31%/yr | 11.2× | ₹0.36 |
| The Ramco Cements | -54%/yr | 101.5× | — |
| JSW Cement Limited | 68%/yr | 19.1× | ₹0.28 |
| Nuvoco Vistas Corporation Limited | -3%/yr | 27.3× | — |
| The India Cements Limited | 28%/yr | 67.8× | ₹2.4 |
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 29 of 34 on returns, 31 of 31 on growth, 27 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?
No durable advantage shows in the numbers: it earns 0.0% on capital, ahead of 15% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹154 crore of cash from the business and spent ₹60 crore on plant and equipment, with ₹94 crore to spare; it still raised ₹140 crore from shareholders — borrowings did not rise. 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.
5 of 7 checks clear · 71%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 12 Aug 2026 · Consolidated · Unaudited
Revenue
₹90 Cr
Revenue vs last year
-35.7%
Revenue vs last quarter
-27.6%
Net profit
-₹10 Cr
Profit vs last quarter
-693.9%
Net margin
-10.9%
EPS
₹-2.41
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
- ₹258 Cr
- Prev close
- ₹89.10
- 52w High
- ₹149
- 52w Low
- ₹88.5
- Enterprise value
- ₹534 Cr
- Beta
- 1.0
- Price CAGR 1y
- -28.0%
- Price CAGR 3y
- -20.0%
- Price CAGR 5y
- -25.0%
- Price CAGR 10y
- -6.0%
Ratios
- Return on assets
- -2.8%
- PEG ratio
- —
- P/E ratio
- —
- P/B ratio
- 0.7
- EV / EBITDA
- 23.8
- Industry P/E
- 27.3
- ROCE
- 0.0%
- ROCE 5y average
- -3.8%
- ROE
- -10.0%
- Debt / Equity
- 0.8
- Interest coverage
- 0.0
- Dividend yield
- 0.0%
- ROE 3y average
- -17.0%
- ROE last year
- -10.0%
Annual P&L
- Annual revenue
- ₹455 Cr
- Annual profit
- -₹26 Cr
- Operating margin
- 7.0%
- Net profit margin
- -5.7%
- EBITDA margin
- 7.5%
- Sales growth 3y
- -11.7%
- Sales growth 5y
- 8.3%
- Profit growth 3y
- 14.0%
- Profit growth 5y
- —
- EPS
- ₹-9.8
- Sales growth TTM
- -11.0%
- Profit growth TTM
- 50.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹90 Cr
- Profit latest quarter
- -₹10 Cr
- YoY quarterly sales growth
- -35.7%
- YoY quarterly profit growth
- —
- OPM latest quarter
- 1.5%
Balance Sheet
- Book Value
- ₹127
- Face Value
- ₹10.0
- Total debt
- ₹277 Cr
- Total cash
- ₹1 Cr
- Borrowings
- ₹277 Cr
- Reserves / Equity
- 11.7
Cash Flow
- Operating cash flow
- -₹29 Cr
- Free cash flow
- -₹38 Cr
- FCF yield
- -26.4%
- Net cash flow
- ₹0 Cr
Shareholding
- Promoter holding
- 75.0%
- FII holding
- 0.0%
- DII holding
- 0.1%
- Public holding
- 24.9%
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 |
| Anjani Portland | 92.64 | 276 | 0.00 | -9.8 | -108.2 | 89.8 | -35.7 | 0.0 | |
| 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 | 156 | 143 | 167 | 158 | 116 | 70 | 105 | 139 | 140 | 112 | 80 | 124 | 90 |
| Expenses | 152 | 140 | 155 | 148 | 118 | 79 | 109 | 144 | 127 | 103 | 82 | 110 | 88 |
| Material Cost | 16 | 19 | 14 | 12 | 22 | 15 | |||||||
| Change in Inventories | 4.61 | -3.05 | 2.81 | 6.11 | -6.46 | 5.59 | |||||||
| Purchases of Stock-in-Trade | 1.59 | 0.04 | 0 | 0 | 1.40 | 0.01 | |||||||
| Employee Cost | 8.68 | 9.38 | 9.43 | 8.18 | 7.50 | 7.26 | |||||||
| Other Expenses | 113 | 102 | 76 | 55 | 86 | 60 | |||||||
| Operating Profit | 3.60 | 3.47 | 11 | 10 | -2 | -8.58 | -4.18 | -4.86 | 12 | 8.88 | -1.43 | 14 | 1.36 |
| OPM % | 2.31 | 2.42 | 6.88 | 6.49 | -1.73 | -12 | -3.97 | -3.50 | 8.92 | 7.96 | -1.79 | 11 | 1.52 |
| Other Income | 0.58 | 0.27 | 0.27 | 0 | 0.23 | 0.17 | 1.01 | 0.27 | 0.18 | 0.84 | 0.17 | 0.51 | 0.16 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 8.02 | 8.16 | 8.10 | 7.93 | 8.11 | 8.40 | 8.57 | 8.35 | 8.60 | 8.34 | 8.78 | 4.90 | 4.92 |
| Depreciation | 11 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 8.61 | 6.66 | 11 | 8.44 | 7.44 |
| Profit before tax | -15 | -17 | -8.38 | -10 | -21 | -28 | -23 | -24 | -4.58 | -5.28 | -21 | 0.77 | -11 |
| Tax % | -10 | -9.47 | -29 | -54 | -10 | 0.50 | -11 | -46 | -25 | -7.58 | -5.17 | -114 | -9.59 |
| Net Profit | -14 | -15 | -5.94 | -4.56 | -19 | -28 | -21 | -13 | -3.45 | -4.88 | -20 | 1.65 | -9.80 |
| EPS in Rs | -4.58 | -5.21 | -2.02 | -1.49 | -6.47 | -9.62 | -7 | -4.42 | -1.16 | -1.67 | -6.66 | -0.30 | -2.41 |
| Diluted EPS in Rs | -4.42 | -1.16 | -1.67 | -6.66 | -0.30 | -2.41 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 66 | 117 | 150 | 144 | 193 | 311 | 305 | 801 | 662 | 624 | 430 | 455 | 405 |
| Expenses | 48 | 80 | 106 | 113 | 153 | 241 | 246 | 657 | 640 | 595 | 450 | 422 | 383 |
| Material Cost | 55 | 67 | |||||||||||
| Change in Inventories | 12 | -0.59 | |||||||||||
| Purchases of Stock-in-Trade | 10 | 1.44 | |||||||||||
| Employee Cost | 36 | 34 | |||||||||||
| Other Expenses | 336 | 319 | |||||||||||
| Operating Profit | 18 | 37 | 44 | 31 | 41 | 70 | 59 | 144 | 21 | 29 | -20 | 34 | 22 |
| OPM % | 28 | 32 | 29 | 21 | 21 | 23 | 19 | 18 | 3.20 | 4.60 | -4.60 | 7 | 6 |
| Other Income | 0 | 0 | -4 | 4 | 4 | 3 | 1 | 3 | 3 | 1 | 2 | 2 | 2 |
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 4 | 7 | 7 | 7 | 28 | 36 | 37 | 30 | 34 | 32 | 33 | 31 | 27 |
| Depreciation | 3 | 5 | 6 | 6 | 16 | 17 | 17 | 58 | 54 | 48 | 46 | 34 | 33 |
| Profit before tax | 12 | 25 | 27 | 22 | 2 | 20 | 6 | 59 | -64 | -50 | -97 | -30 | -36 |
| Tax % | 0 | 30 | 37 | 43 | 53 | 13 | 32 | 29 | -9 | -22 | -16 | -12 | |
| Net Profit | 12 | 18 | 17 | 12 | 1 | 17 | 4 | 42 | -58 | -39 | -81 | -26 | -33 |
| EPS in Rs | 3.07 | 4.65 | 4.44 | 3.22 | 0.19 | 4.52 | 1.14 | 11 | -20 | -13 | -28 | -9.80 | -11 |
| Diluted EPS in Rs | -28 | -9.80 | |||||||||||
| Dividend Payout % | 16 | 16 | 16 | 15 | 204 | 13 | 0 | 18 | 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
- 15%
- 5 years
- 8%
- 3 years
- -12%
- TTM
- -11%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 14%
- TTM
- 50%
Stock price CAGR
- 10 years
- -6%
- 5 years
- -25%
- 3 years
- -20%
- 1 year
- -28%
Return on equity
- 10 years
- —
- 5 years
- -11%
- 3 years
- -17%
- Last year
- -10%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 25 | 29 | 29 | 29 | 29 |
| Reserves | 11 | 25 | 39 | 49 | 48 | 62 | 67 | 293 | 304 | 265 | 184 | 340 |
| Borrowings | 38 | 54 | 57 | 212 | 263 | 280 | 254 | 501 | 436 | 427 | 463 | 277 |
| Other Liabilities | 14 | 31 | 32 | 35 | 47 | 64 | 74 | 297 | 271 | 280 | 266 | 268 |
| Minority Interest | 2.30 | 76 | ||||||||||
| Total Liabilities | 82 | 128 | 146 | 314 | 376 | 425 | 413 | 1,117 | 1,041 | 1,001 | 943 | 915 |
| Fixed Assets | 48 | 78 | 77 | 241 | 255 | 246 | 249 | 924 | 882 | 847 | 812 | 791 |
| CWIP | 5 | 0 | 20 | 2 | 3 | 33 | 0 | 1 | 1 | 3 | 7 | 1 |
| Investments | 0 | 0 | 0 | 0 | 3 | 0 | 7 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 29 | 50 | 49 | 71 | 116 | 146 | 156 | 191 | 158 | 151 | 125 | 123 |
| Total Assets | 82 | 128 | 146 | 314 | 376 | 425 | 413 | 1,117 | 1,041 | 1,001 | 943 | 915 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 11 | 33 | 30 | 4 | 16 | 62 | 52 | 99 | 21 | 53 | 10 | -29 |
| Cash from Investing Activity | -15 | -38 | -26 | -153 | -33 | -33 | -19 | -505 | -14 | -12 | -15 | 245 |
| Cash from Financing Activity | 4 | 8 | -4 | 149 | 17 | -26 | -34 | 410 | -19 | -38 | 3 | -216 |
| Net Cash Flow | 0 | 3 | -0 | -0 | 0 | 3 | -2 | 3 | -12 | 2 | -2 | 0 |
| Free Cash Flow | -4 | -5 | 3 | -149 | -17 | 29 | 40 | 92 | 7 | 38 | -5 | -38 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 48 | 38 | 54 | 45 | 37 | 40 | 28 | 23 | 24 | 21 | 11 |
| Inventory Days | 336 | 199 | 136 | 176 | 640 | 256 | 417 | 145 | 249 | 249 | 229 | 248 |
| Days Payable | 197 | 174 | 145 | 220 | 201 | 150 | 218 | 177 | 213 | 257 | 320 | 262 |
| Cash Conversion Cycle | 171 | 73 | 29 | 10 | 484 | 142 | 238 | -4 | 59 | 16 | -69 | -3 |
| Working Capital Days | 80 | 62 | 47 | 113 | -16 | 4 | -1 | -71 | -43 | -39 | -98 | -7 |
| ROCE % | 26 | 39 | 36 | 14 | 10 | 16 | 12 | -4 | -2 | -9 | 0 |
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
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
276inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,77,25,714inr
2026-03-31
News
News and filings about Anjani Portland Cement 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
- cement packing bags
- fly ash
- granulated slag
- gypsum
- industrial wastes (chemical, sponge iron, fertilizer, thermal power plant)
- laterite
- limestone
- pharmaceutical waste (spent carbon, spent organic liquid, spent organic solid)
Depends on the price of
- cement
- coal
- diesel
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
- INE071F01012
Business segments
- Cement · 95%
- Power · 5%
Plants
- Anjani Portland Cement Chintalapalem plant · Chintalapalem / Suryapet, Telangana
- Bhavya Cements Tangeda plant · Tangeda / Dachepalli, Andhra Pradesh
News impact
Big market events that reach Anjani Portland Cement Limited, and how the effect spreads.
27 Sept, 11:54 IST · Market event · high impact
India takes big step towards green fuel export
India broke ground on a Rs 2,300 crore green methanol plant at Kandla port, helping its unlisted builder while listed cement makers see no real gain.
Who it hits first
- Assam Petro-Chemicals, the chemical maker building the project, laid the foundation for India's first port-based green methanol plant at Kandla.
- The 150-tonne-per-day unit costs Rs 2,300 crore in two phases and targets green fuel at $750 a tonne against a $1,300 world price.
- Anjani Portland Cement, the listed cement maker that shares the APCL ticker, has no part in this chemical project and gets no benefit.
Who may gain
- Assam Petro-Chemicals, the unlisted builder and future operator, gains a Rs 2,300 crore export plant.
- Deendayal Port Authority, the government owner of Kandla port, gains handling fees and green-fuel traffic.
- No listed cement maker in the ranked pool gains — their link is only a ticker mix-up with Anjani Portland Cement.
Along the supply chain
Downstream
Downstream, shipping lines and overseas buyers burn or resell the green methanol, and the small site-concrete need cannot move any big cement seller.
Upstream
Upstream, firms supplying clean power, hydrogen inputs and plant equipment feed the build, but none of the listed cement makers supply this chemical project.
Where demand moves
Business
Builders and equipment suppliers get work through the Rs 1,200 crore first phase by January 2027 and the Rs 1,100 crore second phase by March 2027, then export buyers take the fuel.
Capital
Investor money follows the unlisted plant and port-linked works, while listed cement stocks see no fresh orders to reprice.
How it spreads across sectors
Chemicals
Small positive — a first port-based green methanol model others can copy, but no listed chemical name in the pool books sales today.
Construction Materials
No effect — concrete for one chemical site is too small to change cement demand.
Power
Mild positive over time since green methanol needs large volumes of clean electricity.
Services
Mild positive for port handling at Kandla, though the listed port operator Adani Ports and SEZ does not run Kandla.
A pattern seen before
Cascade chain
- Kandla e-methanol at $750/tonne vs $1,300 global -> cheaper green ship fuel
- Cheaper green fuel -> more port handling at Kandla plus clean-power use
- Steady green exports -> slow long-term pressure on fossil ship fuel
Pattern name
Crude Oil Cascade
Patterns
- Crude Oil Cascade
- Election Cascade
- Energy Transition Cascade
Sectors queried
- Auto
- Cement
- FMCG
- Infrastructure
- Oil & Gas
When it plays out
Immediate
In 1–7 days the news is ceremonial — foundation stone only — so listed cement shares should barely react beyond headline noise.
Medium term
In 1–6 months the first 50-tonne-per-day unit heads to January 2027 start-up, with export pricing at $750 a tonne the real test.
Short term
In 1–4 weeks watch for contractor awards and power-supply deals, which decide who really earns from the build.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 8 Sep 2022 | unspecified | ₹3 |
|---|---|---|
| 7 Sep 2021 | unspecified | ₹5 |
| 13 Aug 2020 | unspecified | ₹5 |
| 20 Aug 2019 | unspecified | ₹2.5 |
| 30 Aug 2018 | unspecified | ₹2 |
| 31 Aug 2017 | unspecified | ₹1 |
Splits, bonuses & buybacks
- daily-prices repair: 7 rows from NSE's archive (replace 1, delete 0, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2618 Aug 2026
- Annual report · 2024-251 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.