India Cements Past Earnings Performance
Past criteria checks 0/6
India Cements's earnings have been declining at an average annual rate of -45%, while the Basic Materials industry saw earnings declining at 2.8% annually. Revenues have been declining at an average rate of 3.3% per year.
Key information
-45.05%
Earnings growth rate
-45.05%
EPS growth rate
| Basic Materials Industry Growth | 2.92% |
| Revenue growth rate | -3.33% |
| Return on equity | -0.66% |
| Net Margin | -1.50% |
| Next Earnings Update | 18 Jul 2026 |
Recent past performance updates
Recent updates
INDIACEM: Future Earnings Profile And Related Party Dealings Will Shape Outlook
Analysts have increased their fair value estimate for India Cements from ₹115.0 to ₹350.0, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that they believe better reflect the company’s potential earnings profile. What's in the News for India Cements India Cements has scheduled a Board meeting on 18 July 2026 to consider and approve the standalone and consolidated unaudited financial results for the quarter ending 30 June 2026.The India Cements Limited's (NSE:INDIACEM) Intrinsic Value Is Potentially 25% Below Its Share Price
Key Insights The projected fair value for India Cements is ₹338 based on 2 Stage Free Cash Flow to Equity India Cements...India Cements (NSE:INDIACEM) Is Making Moderate Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...India Cements' (NSE:INDIACEM) Solid Earnings May Rest On Weak Foundations
The India Cements Limited's ( NSE:INDIACEM ) healthy profit numbers didn't contain any surprises for investors. However...Estimating The Fair Value Of The India Cements Limited (NSE:INDIACEM)
Key Insights Using the 2 Stage Free Cash Flow to Equity, India Cements fair value estimate is ₹442 With ₹403 share...Investors Appear Satisfied With The India Cements Limited's (NSE:INDIACEM) Prospects
When close to half the companies in the Basic Materials industry in India have price-to-sales ratios (or "P/S") below...We Think India Cements (NSE:INDIACEM) Has A Fair Chunk Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...The India Cements Limited's (NSE:INDIACEM) Share Price Matching Investor Opinion
When close to half the companies in the Basic Materials industry in India have price-to-sales ratios (or "P/S") below...Here's Why India Cements (NSE:INDIACEM) Can Afford Some Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Market Might Still Lack Some Conviction On The India Cements Limited (NSE:INDIACEM) Even After 38% Share Price Boost
The The India Cements Limited ( NSE:INDIACEM ) share price has done very well over the last month, posting an excellent...The India Cements Limited (NSE:INDIACEM) Screens Well But There Might Be A Catch
It's not a stretch to say that The India Cements Limited's ( NSE:INDIACEM ) price-to-sales (or "P/S") ratio of 1.2x...Here's Why India Cements (NSE:INDIACEM) Can Afford Some Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Would India Cements (NSE:INDIACEM) Be Better Off With Less Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...A Look At The Fair Value Of The India Cements Limited (NSE:INDIACEM)
Key Insights India Cements' estimated fair value is ₹214 based on 2 Stage Free Cash Flow to Equity India Cements' ₹207...Would India Cements (NSE:INDIACEM) Be Better Off With Less Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analyst Estimates: Here's What Brokers Think Of The India Cements Limited (NSE:INDIACEM) After Its Yearly Report
A week ago, The India Cements Limited ( NSE:INDIACEM ) came out with a strong set of yearly numbers that could...Is India Cements (NSE:INDIACEM) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...India Cements (NSE:INDIACEM) May Have Issues Allocating Its Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...These Return Metrics Don't Make India Cements (NSE:INDIACEM) Look Too Strong
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...India Cements (NSE:INDIACEM) Will Be Looking To Turn Around Its Returns
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...With EPS Growth And More, India Cements (NSE:INDIACEM) Is Interesting
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...We Think India Cements (NSE:INDIACEM) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Returns At India Cements (NSE:INDIACEM) Appear To Be Weighed Down
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...If You Like EPS Growth Then Check Out India Cements (NSE:INDIACEM) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Revenue & Expenses Breakdown
How India Cements makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 44,847 | -672 | 8,278 | 0 |
| 31 Dec 25 | 44,691 | -1,066 | 12,518 | 0 |
| 30 Sep 25 | 42,468 | 322 | 12,563 | 0 |
| 30 Jun 25 | 41,468 | -3,157 | 3,328 | 0 |
| 31 Mar 25 | 41,488 | -1,244 | 13,050 | 0 |
| 31 Dec 24 | 43,016 | -1,997 | 18,713 | 0 |
| 30 Sep 24 | 44,697 | -3,405 | 18,689 | 0 |
| 30 Jun 24 | 47,023 | -815 | 13,192 | 0 |
| 31 Mar 24 | 49,979 | -2,312 | 14,262 | 0 |
| 31 Dec 23 | 53,313 | -3,937 | 19,789 | 0 |
| 30 Sep 23 | 54,679 | -2,611 | 20,264 | 0 |
| 30 Jun 23 | 55,305 | -2,943 | 14,925 | 0 |
| 31 Mar 23 | 56,081 | -1,269 | 20,511 | 0 |
| 31 Dec 22 | 55,400 | 894 | 19,608 | 0 |
| 30 Sep 22 | 54,197 | -276 | 19,417 | 0 |
| 30 Jun 22 | 53,275 | 1,154 | 15,022 | 0 |
| 31 Mar 22 | 48,584 | 785 | 18,648 | 0 |
| 31 Dec 21 | 49,132 | 1,392 | 18,963 | 0 |
| 30 Sep 21 | 49,372 | 1,909 | 19,076 | 0 |
| 30 Jun 21 | 47,923 | 2,304 | 14,111 | 0 |
| 31 Mar 21 | 45,105 | 2,068 | 17,266 | 0 |
| 31 Dec 20 | 42,145 | 1,462 | 17,728 | 0 |
| 30 Sep 20 | 42,741 | 695 | 17,958 | 0 |
| 30 Jun 20 | 44,535 | 54 | 13,071 | 0 |
| 31 Mar 20 | 51,864 | 502 | 20,766 | 0 |
| 31 Dec 19 | 56,134 | 883 | 21,567 | 0 |
| 30 Sep 19 | 57,203 | 928 | 21,774 | 0 |
| 30 Jun 19 | 58,805 | 807 | 16,452 | 0 |
| 31 Mar 19 | 57,704 | 211 | 22,134 | 0 |
| 31 Mar 18 | 52,671 | 651 | 21,461 | 0 |
| 31 Mar 17 | 51,615 | 1,510 | 20,909 | 0 |
| 31 Mar 16 | 48,825 | 1,167 | 19,057 | 0 |
Quality Earnings: INDIACEM is currently unprofitable.
Growing Profit Margin: INDIACEM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INDIACEM is unprofitable, and losses have increased over the past 5 years at a rate of 45% per year.
Accelerating Growth: Unable to compare INDIACEM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INDIACEM is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (39.8%).
Return on Equity
High ROE: INDIACEM has a negative Return on Equity (-0.66%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 21:43 |
| End of Day Share Price | 2026/07/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
The India Cements Limited is covered by 29 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Nitesh Jain | Axis Capital Limited |