HeidelbergCement India Limited

BSE:500292 Stock Report

Market Cap: ₹46.0b

HeidelbergCement India Valuation

Is 500292 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 500292 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹181.56
Fair Value
11.7% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: 500292 (₹202.8) is trading above our estimate of fair value (₹181.56)

Significantly Below Fair Value: 500292 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500292?

Key metric: As 500292 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500292. This is calculated by dividing 500292's market cap by their current earnings.
What is 500292's PE Ratio?
PE Ratio44x
Earnings₹1.04b
Market Cap₹45.96b

Price to Earnings Ratio vs Peers

How does 500292's PE Ratio compare to its peers?

The above table shows the PE ratio for 500292 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.6x
532486 Pokarna
24.6xn/a₹35.6b
ORIENTCEM Orient Cement
56.3x46.7%₹66.1b
500335 Birla
33.5x50.0%₹77.8b
502157 Mangalam Cement
44.1x62.8%₹20.0b
500292 HeidelbergCement India
44x36.1%₹46.0b

Price-To-Earnings vs Peers: 500292 is expensive based on its Price-To-Earnings Ratio (44x) compared to the peer average (39.6x).

Price to Earnings Ratio vs Industry

How does 500292's PE Ratio compare vs other companies in the IN Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
500292 44.0xIndustry Avg. 33.5xNo. of Companies6PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500292 is expensive based on its Price-To-Earnings Ratio (44x) compared to the Indian Basic Materials industry average (33.1x).

Price to Earnings Ratio vs Fair Ratio

What is 500292's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500292 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44x
Fair PE Ratio30.1x

Price-To-Earnings vs Fair Ratio: 500292 is expensive based on its Price-To-Earnings Ratio (44x) compared to the estimated Fair Price-To-Earnings Ratio (30.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500292 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹202.80
₹196.31
-3.2%
16.2%₹252.00₹136.00n/a13
Feb ’26₹221.05
₹194.38
-12.1%
16.3%₹252.00₹136.00n/a13
Jan ’26₹210.70
₹197.00
-6.5%
17.8%₹265.00₹140.00n/a13
Dec ’25₹217.65
₹197.00
-9.5%
17.8%₹265.00₹140.00n/a13
Nov ’25₹230.90
₹196.46
-14.9%
16.4%₹252.00₹140.00n/a13
Oct ’25₹223.00
₹197.38
-11.5%
15.4%₹252.00₹145.00n/a13
Sep ’25₹230.60
₹193.38
-16.1%
16.8%₹252.00₹145.00n/a13
Aug ’25₹229.20
₹193.08
-15.8%
16.6%₹252.00₹145.00n/a13
Jul ’25₹227.40
₹195.85
-13.9%
14.7%₹252.00₹150.00n/a13
Jun ’25₹202.05
₹195.08
-3.5%
14.9%₹252.00₹150.00n/a13
May ’25₹201.65
₹200.31
-0.7%
15.4%₹252.00₹160.00n/a13
Apr ’25₹201.70
₹201.85
+0.07%
15.2%₹252.00₹160.00n/a13
Mar ’25₹206.50
₹201.85
-2.3%
15.2%₹252.00₹160.00n/a13
Feb ’25₹229.45
₹199.64
-13.0%
13.2%₹252.00₹160.00₹221.0511
Jan ’25₹232.90
₹193.25
-17.0%
14.4%₹252.00₹140.00₹210.7012
Dec ’24₹197.85
₹193.25
-2.3%
14.4%₹252.00₹140.00₹217.6512
Nov ’24₹184.95
₹191.33
+3.5%
14.0%₹252.00₹140.00₹230.9012
Oct ’24₹179.10
₹191.33
+6.8%
14.0%₹252.00₹140.00₹223.0012
Sep ’24₹192.15
₹188.38
-2.0%
14.7%₹252.00₹140.00₹230.6013
Aug ’24₹184.00
₹188.38
+2.4%
14.7%₹252.00₹140.00₹229.2013
Jul ’24₹171.80
₹188.83
+9.9%
14.8%₹252.00₹140.00₹227.4012
Jun ’24₹169.50
₹188.08
+11.0%
15.0%₹252.00₹140.00₹202.0512
May ’24₹173.10
₹189.75
+9.6%
14.8%₹252.00₹140.00₹201.6512
Apr ’24₹160.65
₹191.75
+19.4%
14.8%₹252.00₹140.00₹201.7012
Mar ’24₹171.10
₹192.33
+12.4%
14.7%₹252.00₹140.00₹206.5012
Feb ’24₹166.25
₹206.73
+24.4%
12.3%₹252.00₹155.00₹229.4515
Analyst Price Target
Consensus Narrative from 13 Analysts
₹196.31
Fair Value
3.3% overvalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 17:34
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HeidelbergCement India Limited is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parul PatelAlmondz Global Securities Ltd
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.