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Prices as of 9 Oct 2026 close · Not investment advice

Orient Cement Limited

NSE: ORIENTCEMCement & Cement Products

Share price

₹111.62

+1.40% close of 9 Oct 2026

Market cap ₹2,344 CrP/E 11.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 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.

61

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,344 Cr

P/E ratio

11.2

P/B ratio

1.1

ROCE

16.5%

ROE

17.1%

Dividend yield

0.4%

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.

Prices as of 9 Oct 2026 close52-week high ₹221.5752-week low ₹110.08

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 12.1% over the past year. Meanwhile what it keeps of every 100 rupees of sales improved from 18.6% to 20.1% over the last four years.

Whether it grew faster than its sector

It grew 6.9% a year against a sector median of 8.5% — 1.6 percentage points slower.

Room to re-rate, or risk of de-rating

At 11.2× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 34.3×, across 5 companies. It is against its own five-year median of 19.2×, the 22nd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 41%.

Profit growthPrice per ₹1 profitPer 1% growth
Orient Cement Limited — this one41%/yr11.2×₹0.27
Grasim Industries Limited-10%/yr34.3×—
Ambuja Cements21%/yr18.4×₹0.88
Shree Cement10%/yr48.7×₹4.9
JK Cement33%/yr38.4×₹1.2
Dalmia Bharat-1%/yr27.7×—

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 2 of 34 on returns, 23 of 31 on growth, 5 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?

A narrow advantage: it earns 16.5% on capital, ahead of 94% 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 ₹1227 crore of cash from the business, spent ₹350 crore on plant and equipment, and returned ₹1023 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 216 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 39 days before it paid its own suppliers to waiting 77 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

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
₹2,344 Cr
Prev close
₹111.62
52w High
₹225
52w Low
₹109
Enterprise value
₹2,397 Cr
Beta
1.0
Price CAGR 1y
-49.0%
Price CAGR 3y
-14.0%
Price CAGR 5y
-6.0%
Price CAGR 10y
-6.0%

Ratios

Return on assets
10.8%
PEG ratio
0.3
P/E ratio
11.2
P/B ratio
1.1
EV / EBITDA
4.7
Industry P/E
27.3
ROCE
16.5%
ROCE 5y average
15.2%
ROE
17.1%
Debt / Equity
0.0
Interest coverage
25.5
Dividend yield
0.4%
ROE 3y average
11.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹2,793 Cr
Annual profit
₹338 Cr
Operating margin
20.0%
Net profit margin
12.1%
EBITDA margin
19.5%
Sales growth 3y
-1.7%
Sales growth 5y
3.7%
Profit growth 3y
41.0%
Profit growth 5y
10.0%
EPS
₹16.4
Sales growth TTM
-12.0%
Profit growth TTM
-18.0%
Dividend payout
3.0%

Quarter P&L

Sales latest quarter
₹604 Cr
Profit latest quarter
₹77 Cr
YoY quarterly sales growth
-30.3%
YoY quarterly profit growth
-62.4%
OPM latest quarter
23.8%

Balance Sheet

Book Value
₹102
Face Value
₹1.0
Total debt
₹72 Cr
Total cash
₹19 Cr
Borrowings
₹72 Cr
Reserves / Equity
101.2

Cash Flow

Operating cash flow
-₹39 Cr
Free cash flow
-₹69 Cr
FCF yield
-3.5%
Net cash flow
-₹32 Cr

Shareholding

Promoter holding
72.7%
FII holding
4.1%
DII holding
2.2%
Public holding
21.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
UltraTech Cem.10,578.4536.23,11,7252.272,603.715.824,648.215.812.7
Grasim Inds2,877.2534.11,95,8070.343,846.350.048,716.221.48.0
Ambuja Cements351.8518.687,4280.56660.0-29.89,500.0-7.75.6
Shree Cement21,651.9047.978,1220.69531.1-17.76,233.118.010.3
J K Cements5,000.7039.638,6400.40274.6-14.54,031.720.315.1
Dalmia BharatLtd1,608.0027.530,1610.55192.0-15.33,890.07.07.6
ACC1,150.8011.321,6110.65147.0-56.35,808.0-4.611.3
Orient Cement112.0510.82,3020.4477.0-62.4604.0-30.316.5
Median157.6227.52,7500.3340.6-22.7742.79.57.0

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.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales825721751888696544643825866643636647604
Expenses726634636740600500585722684478546539460
Material Cost130136146194178149
Change in Inventories110.984.22-0.9211-26
Purchases of Stock-in-Trade000000
Employee Cost494243413637
Other Expenses533505285313315300
Operating Profit998711514896445810318216590108144
OPM %12121517148.139.03122126141724
Other Income42286438212-465
Exceptional items (within Other Income)000-6.430.100
Interest10988666633253
Depreciation373738383939383737101484543
Profit before tax5742721105831768144743664103
Tax %3542373837263938-4233231325
Net Profit37254568372104220549285577
EPS in Rs1.811.202.203.331.790.110.492.059.982.391.352.703.75
Diluted EPS in Rs2.05102.391.352.703.76

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5451,4621,8752,2222,5222,4222,3242,7252,9383,1852,7092,7932,531
Expenses1,2391,2771,6961,9162,2102,0391,7732,1342,5732,7362,4072,2472,024
Material Cost415653
Change in Inventories6.6015
Purchases of Stock-in-Trade00
Employee Cost201162
Other Expenses1,7851,418
Operating Profit307186179306312383551591365449302546507
OPM %20131014121624221214112020
Other Income681119141818101215201620
Exceptional items (within Other Income)0-6.33
Interest145413512911812294513834231313
Depreciation4778122126133141142145147149153231237
Profit before tax25161-667075137334404192281145318277
Tax %22-2-523736373635363837-6
Net Profit19562-3244488721426312317591338209
EPS in Rs9.513.04-1.572.162.324.23101368.534.451610
Diluted EPS in Rs4.4516
Dividend Payout %1833-3235321819192526113

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
7%
5 years
4%
3 years
-2%
TTM
-12%

Compounded profit growth

10 years
19%
5 years
10%
3 years
41%
TTM
-18%

Stock price CAGR

10 years
-6%
5 years
-6%
3 years
-14%
1 year
-49%

Return on equity

10 years
10%
5 years
12%
3 years
11%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital202020202020202020202121
Reserves9551,0209671,0021,0331,0981,2851,5051,5831,7231,7872,125
Borrowings1,1061,2851,3361,3141,2901,2267983163981707072
Other Liabilities484571560601584555708809875943925915
Total Liabilities2,5662,8962,8832,9372,9272,9002,8122,6502,8772,8552,8033,133
Fixed Assets7982,2072,2962,2512,3552,2722,2072,1152,0102,0211,9901,779
CWIP1,3192399815848674140140892432
Investments000000115144114213
Other Assets4484504895285255624484817237347461,309
Total Assets2,5662,8962,8832,9372,9272,9002,8122,6502,8772,8552,8033,133

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity156268259279281292714524111426205-39
Cash from Investing Activity-922-371-124-149-120-73-16270-120-85-979
Cash from Financing Activity72798-108-161-171-206-552-58635-334-136-2
Net Cash Flow-40-527-31-101308267-28-32
Free Cash Flow-766-104153132160215663471-18348146-70

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1923212526241717212633110
Inventory Days213236196230269269192192331269276125
Days Payable214340268280270201207238203181198259
Cash Conversion Cycle19-81-52-2525932-29150114112-24
Working Capital Days4-16-42-36-12-5-24-39-2521677
ROCE %1653981119231216916

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters383838383838387373737373
FIIs6.306.718.246.966.756.768.416.655.924.144.704.12
DIIs131315171716132.952.181.811.972.17
Government0000000000.4100
Public434239393940401819212121
No. of Shareholders90,23886,86484,94090,87191,85381,97676,71884,98595,5171,01,89297,34496,933

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -49.6% (₹221.37 → ₹111.62)Brick size ₹3.31 (fixed)Bricks 65
₹150₹200₹112Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹111.62 on 9 Oct 2026

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

company capacity utilisation %

65.00pct

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

EBITDA per tonne, Rs

931inr_per_t

2026-06-30

installed cement capacity

109mtpa

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

52.91inr_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)

2,62,50,000inr

2026-03-31

News

News and filings about Orient Cement Limited. Open one to see why it matters.

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

  • Chemical gypsum
  • Clinker
  • Coal
  • Fly ash
  • Lime sludge
  • Limestone
  • Pet coke
  • RDF / MSW / alternative fuels
  • Slag / iron slag

Depends on the price of

  • coal
  • diesel
  • fuel

Sells to

  • Infrastructure & industrial projects
  • Residential & trade construction (dealers/builders)

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
INE876N01018

Plants

  • Chittapur integrated cement plant · Chittapur / Gulbarga-Kalaburagi district, Karnataka
  • Devapur integrated cement plant · Devapur / Adilabad-Mancherial district, Telangana
  • Jalgaon clinker grinding unit · Jalgaon / Nashirabad, Maharashtra

News impact

Big market events that reach Orient Cement Limited, and how the effect spreads.

Who it hits first

  • Cement makers raised bag prices by Rs 7 in September to Rs 356, with the South up Rs 11, and plan Rs 5-20 more in October.
  • Higher per-bag prices lift sales value for makers such as UltraTech Cement, Ambuja Cements and ACC Limited without needing extra volume.
  • Whether the hikes hold depends on building demand recovering and dealers accepting them, while fuel costs have jumped sharply.

Who may gain

  • UltraTech Cement, a large cement maker, as higher per-bag prices drop straight to profit when sales hold steady.
  • Ambuja Cements, a large cement maker, as each extra rupee per bag widens what it keeps after costs.
  • ACC Limited, a major cement producer, as firmer prices lift earnings without needing to sell more bags.
  • Other pure cement makers such as Shree Cement and Dalmia Bharat, as an industry-wide hike lifts the whole group.

Along the supply chain

Downstream

Downstream home builders such as DLF Limited, a home builder, plus road and large-project builders pay more per bag, so their project costs rise unless they pass it on.

Upstream

Upstream fuel and freight suppliers such as Coal India, a coal miner, see steady orders as plants keep running, though makers will resist further fuel cost increases.

Where demand moves

Business

Builders and dealers still need cement for ongoing work, so they pay the higher bag price and makers collect more cash per bag, which turns into profit if volumes do not slip.

Capital

Investors buy cement shares on the better earnings outlook, favouring makers with clean balance sheets and low valuations first.

How it spreads across sectors

Construction

Road and building firms pay more for a key input, squeezing margins on fixed-price jobs.

Construction Materials

Makers keep more per bag, so sales and profits rise if volumes hold.

Realty

Home builders face higher build costs, which may slow launches or lift flat prices.

Commodity angle

Commodity

cement

Move series

Shock

price

Unit

INR/tonne

A pattern seen before

Cascade chain

Pattern name

Monsoon Cascade

Patterns

  • Monsoon Cascade

Sectors queried

  • FMCG

When it plays out

Immediate

Cement shares react to the Rs 7 news and October Rs 5-20 guidance while dealers decide how much to accept this week.

Medium term

If building demand recovers, higher prices stick and margins widen; if not, part of the hikes roll back and fuel costs bite.

Short term

October hike attempts roll out market by market, with dealer acceptance and post-monsoon demand setting the tone.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

12 Jun 2026unspecified₹0.5
25 Jul 2025unspecified₹0.5
29 Jul 2024unspecified₹1.5
16 Feb 2024interim₹0.75
25 Jul 2023unspecified₹1
10 Feb 2023interim₹0.5
20 Jul 2022unspecified₹1.75
9 Feb 2022interim₹0.75

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.