India Cements Ltd
NSE:INDIACEM

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India Cements Ltd
NSE:INDIACEM
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Price: 450 INR -0.46% Market Closed
Market Cap: ₹139.5B

Operating Margin

-1.3%
Current
Improving
by 5.2%
vs 3-y average of -6.5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-1.3%
=
Operating Income
₹-577.1m
/
Revenue
₹44.5B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-1.3%
=
Operating Income
₹-577.1m
/
Revenue
₹44.5B

Peer Comparison

Country Company Market Cap Operating
Margin
IN
India Cements Ltd
NSE:INDIACEM
139.5B INR
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IE
CRH PLC
NYSE:CRH
85.2B USD
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CH
Holcim AG
SIX:HOLN
40.7B CHF
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DE
HeidelbergCement AG
XETRA:HEI
38.3B EUR
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US
Vulcan Materials Co
NYSE:VMC
42.4B USD
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US
Martin Marietta Materials Inc
NYSE:MLM
41.6B USD
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IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.7T INR
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US
Amrize AG
SIX:AMRZ
24.1B CHF
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DE
Heidelberg Materials AG
XMUN:HEI
24.8B EUR
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IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR
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CN
Anhui Conch Cement Co Ltd
SSE:600585
133.8B CNY
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Market Distribution

Lower than 81% of companies in India
Percentile
19th
Based on 5 437 companies
19th percentile
-1.3%
Low
-153 833.3% — 2.7%
Typical Range
2.7% — 13.2%
High
13.2% — 9 977%
Distribution Statistics
India
Min -153 833.3%
30th Percentile 2.7%
Median 7.3%
70th Percentile 13.2%
Max 9 977%

India Cements Ltd
Glance View

Market Cap
139.5B INR
Industry
Construction

In the bustling world of construction, infrastructure, and real estate development, India Cements Ltd. stands as a resilient pillar, narrating a tale of growth and innovation. Established in 1946, the company carved a niche in the Indian cement industry, emerging as a significant player through its strategic positioning and operational excellence. With its headquarters rooted in Chennai, it orchestrates a massive network of manufacturing units and distribution channels spread primarily across southern India. The company harnesses a substantial production capacity, blending limestone with other materials through energy-intensive kiln processes to manufacture cement. This intricate dance transforms raw materials into a versatile product that forms the backbone of urban landscapes and rural infrastructures alike. India Cements Ltd. monetizes its business by catering to a wide spectrum of needs, from large-scale government projects and industrial applications to individual home builders. It sustains its revenue streams by not only selling cement but also offering a range of products tailored for different construction needs, including specialty cements for challenging environments. The company's strategic initiatives include leveraging technological advancements to optimize production efficiency and reduce costs. Through adept logistical management, India Cements ensures timely delivery of products, thus maintaining a competitive edge. The company's narrative is one of adaption and perseverance, continuously exploring avenues for growth amidst the fluctuations of an economy on the rise.

INDIACEM Intrinsic Value
314.3 INR
Overvaluation 30%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
-1.3%
=
Operating Income
₹-577.1m
/
Revenue
₹44.5B
What is India Cements Ltd's current Operating Margin?

The current Operating Margin for India Cements Ltd is -1.3%, which is above its 3-year median of -6.5%.

How has Operating Margin changed over time?

Over the last 3 years, India Cements Ltd’s Operating Margin has increased from -4.6% to -1.3%. During this period, it reached a low of -14.1% on Mar 31, 2025 and a high of -1.3% on Jan 1, 2026.

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