HeidelbergCement India Limited manufactures and sells cement in India. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has HeidelbergCement India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEIDELBERG is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HEIDELBERG's weekly volatility (4%) has been stable over the past year.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: HEIDELBERG underperformed the Indian Basic Materials industry which returned 92.3% over the past year.
Return vs Market: HEIDELBERG underperformed the Indian Market which returned 74.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is HeidelbergCement India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs HeidelbergCement India Limited (NSE:HEIDELBERG) A Great Dividend Stock?
1 month ago | Simply Wall StIs HeidelbergCement India (NSE:HEIDELBERG) A Risky Investment?
1 month ago | Simply Wall StDid You Participate In Any Of HeidelbergCement India's (NSE:HEIDELBERG) Fantastic 280% Return ?
Is HeidelbergCement India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HEIDELBERG (₹234.85) is trading below our estimate of fair value (₹331.77)
Significantly Below Fair Value: HEIDELBERG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HEIDELBERG is poor value based on its PE Ratio (21.7x) compared to the IN Basic Materials industry average (16.8x).
PE vs Market: HEIDELBERG is poor value based on its PE Ratio (21.7x) compared to the Indian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HEIDELBERG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HEIDELBERG is overvalued based on its PB Ratio (4.1x) compared to the IN Basic Materials industry average (1.3x).
How is HeidelbergCement India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as HeidelbergCement India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has HeidelbergCement India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEIDELBERG has high quality earnings.
Growing Profit Margin: HEIDELBERG's current net profit margins (11.9%) are lower than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: HEIDELBERG's earnings have grown significantly by 34.2% per year over the past 5 years.
Accelerating Growth: HEIDELBERG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HEIDELBERG had negative earnings growth (-8.2%) over the past year, making it difficult to compare to the Basic Materials industry average (31%).
Return on Equity
High ROE: HEIDELBERG's Return on Equity (18.7%) is considered low.
How is HeidelbergCement India's financial position?
Financial Position Analysis
Short Term Liabilities: HEIDELBERG's short term assets (₹11.4B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: HEIDELBERG's short term assets (₹11.4B) exceed its long term liabilities (₹5.8B).
Debt to Equity History and Analysis
Debt Level: HEIDELBERG's debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: HEIDELBERG's debt to equity ratio has reduced from 102.2% to 21.9% over the past 5 years.
Debt Coverage: HEIDELBERG's debt is well covered by operating cash flow (168.4%).
Interest Coverage: HEIDELBERG's interest payments on its debt are well covered by EBIT (15.3x coverage).
What is HeidelbergCement India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HEIDELBERG's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: HEIDELBERG's dividend (3.25%) is in the top 25% of dividend payers in the Indian market (1.9%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HEIDELBERG has been paying a dividend for less than 10 years.
Growing Dividend: HEIDELBERG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.3%), HEIDELBERG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jamshed Cooper (64 yo)
Mr. Jamshed Naval Cooper, B.Sc., MBA, has been Managing Director of HeidelbergCement India Limited since July 1, 2014 and served as its Chief Executive Officer since August 29, 2016 until December 12, 2016...
Experienced Management: HEIDELBERG's management team is seasoned and experienced (10.9 years average tenure).
Experienced Board: HEIDELBERG's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HeidelbergCement India Limited's company bio, employee growth, exchange listings and data sources
- Name: HeidelbergCement India Limited
- Ticker: HEIDELBERG
- Exchange: NSEI
- Founded: 1958
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹52.286b
- Shares outstanding: 226.61m
- Website: https://www.mycemco.com
Number of Employees
- HeidelbergCement India Limited
- Plot No 68
- 2nd Floor
HeidelbergCement India Limited manufactures and sells cement in India. It offers Portland pozzolana cement and Portland slag cement under the Mycem and Mycem Power brand. The company was formerly known as ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 12:09|
|End of Day Share Price||2021/04/16 00:00|
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 here.