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HeidelbergCement India Limited (HEIDELBERG.NS)

INR161.94 +4.53 (+2.88%)
IN NSE Basic Materials Construction Materials
Address Plot Number 68 122002
Gurugram, IN
CEO Joydeep Mukherjee
IPO 1996-01-01
ISIN INE578A01017

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Also trades on Bombay Stock Exchange · HEIDELBERG.BO (INR) National Stock Exchange of India · HEIDELBERG.NS (INR)
Description

HeidelbergCement India Limited is an Indian enterprise specializing in the production and distribution of cement. Its product portfolio features Portland pozzolana and Portland slag cement, marketed under brand names such as mycem, mycem Primo, and mycem Power. Beyond manufacturing, the company also provides dedicated services including concrete solution laboratories and mobile technical lab support. Established in 1958, the firm operated as Mysore Cements Limited until April 2009, when it officially adopted its current name. Headquartered in Gurugram, India, the company functions as a subsidiary of Cementrum I.B.V.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR161.94 +4.53 (+2.88%)
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Volume Profile
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Liquidity & share structure
Average Volume
103.1K
Beta
0.35
Float Shares
64.42M
Free Float %
28.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.03% +1.03% +2.57% -1.38% -12.60% -8.08% -20.79% -6.41% -35.29% +65.01% +414.05%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
161.94
DCF (Unlevered) 180.45 +11.4%
DCF (Levered) 175.03 +8.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 20% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 4 -1
Sell 3 0
Strong Sell 1 0
Quality scores
Altman Z-Score
3.34
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Construction Materials: +2.8%
    +8.4% Q1'26: +5.5% (vs Q1'25)
  • EPS growth Construction Materials: +14.1%
    +25.0% Q1'26: -10.7% (vs Q1'25)
  • FCF margin FCF growth · Construction Materials: +32.9%
    +6.0% Q1'26: +9.6% (vs Q1'25)
  • EBIT margin Construction Materials: +9.5%
    +7.6% Q1'26: +9.4% (vs Q1'25)
  • ROIC Construction Materials: +5.1%
    +13.3% Q1'26: +17.7% (vs Q1'25)
  • Share dilution Construction Materials: +0.0%
    +0.5% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×
    0.05× Q1'26: 0.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 100% × Ke + 0% × Kd (124.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 182.85 Current price: 161.94
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 1996
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
9 Rev. Ana.
9 EPS Ana.
Mar 2027
9 Rev. Ana.
10 EPS Ana.
Mar 2028
3 Rev. Ana.
5 EPS Ana.
Revenue
3.92B
est.
20.44B
est: 17.44B (+17.2%)
16.55B
est: 16.51B (+0.3%)
17.17B
est: 16.55B (+3.8%)
18.68B
est: 18.69B (0.0%)
21.09B
est: 21.53B (-2.0%)
21.58B
est: 22.24B (-3.0%)
21.17B
est: 21.00B (+0.8%)
22.97B
est: 23.04B (-0.3%)
22.38B
est: 22.82B (-1.9%)
23.66B
est: 24.27B (-2.5%)
21.49B
est: 22.00B (-2.3%)
23.08B
21.73B – 24.69B
+4.9% YoY
24.36B
22.18B – 25.39B
+5.6% YoY
26.15B
23.81B – 27.26B
+7.3% YoY
EBITDA
699.74M
est.
3.33B
est: 3.11B (+6.9%)
2.52B
est: -4.05B (+162.3%)
3.03B
est: 584.36M (+417.7%)
3.83B
est: 1.52B (+152.4%)
5.18B
est: 2.83B (+82.9%)
5.81B
est: 4.26B (+36.3%)
5.53B
est: 3.80B (+45.4%)
4.84B
est: 4.49B (+7.8%)
2.94B
est: 4.83B (-39.1%)
3.71B
est: 5.36B (-30.7%)
2.85B
est: 3.47B (-17.8%)
3.48B
3.28B – 3.73B
+0.5% YoY
3.68B
3.35B – 3.83B
+5.6% YoY
3.95B
3.59B – 4.11B
+7.3% YoY
EBIT
504.68M
est.
2.55B
est: 2.25B (+13.5%)
1.52B
est: -672.19M (+326.6%)
2.03B
est: 1.31B (+55.4%)
2.80B
est: 2.01B (+39.2%)
4.14B
est: 2.99B (+38.5%)
4.69B
est: 3.98B (+17.9%)
4.42B
est: 3.69B (+20.0%)
3.72B
est: 4.35B (-14.6%)
1.40B
est: 4.68B (-70.0%)
2.62B
est: 5.19B (-49.6%)
1.75B
est: 2.35B (-25.5%)
2.36B
2.22B – 2.53B
+0.5% YoY
2.49B
2.27B – 2.60B
+5.6% YoY
2.67B
2.44B – 2.79B
+7.3% YoY
Net Income
1.55B
est.
595.30M
est: 424.98M (+40.1%)
386.50M
est: -2.68B (+114.4%)
762.10M
est: 351.11M (+117.1%)
1.33B
est: 851.60M (+56.4%)
2.21B
est: 1.52B (+45.6%)
2.68B
est: 2.30B (+16.7%)
3.15B
est: 2.36B (+33.7%)
2.52B
est: 2.78B (-9.3%)
991.70M
est: 2.99B (-66.8%)
1.68B
est: 3.32B (-49.4%)
1.07B
est: 1.23B (-13.1%)
1.38B
983.66M – 1.63B
+12.6% YoY
1.48B
813.54M – 1.90B
+7.3% YoY
1.90B
1.68B – 2.01B
+28.4% YoY
SGA
559.06M
est.
273.90M
est: 2.49B (-89.0%)
297.10M
est: 2.66B (-88.8%)
902.00M
est: 5.46B (-83.5%)
3.19B
est: 6.42B (-50.4%)
3.48B
est: 7.28B (-52.2%)
3.32B
est: 7.02B (-52.7%)
3.18B
est: 5.93B (-46.3%)
3.36B
est: 6.99B (-52.0%)
3.46B
est: 7.53B (-54.1%)
4.08B
est: 8.35B (-51.1%)
1.92B
est: 9.27B (-79.3%)
4.18B
3.94B – 4.47B
-54.9% YoY
4.41B
4.02B – 4.60B
+5.6% YoY
4.74B
4.31B – 4.94B
+7.3% YoY
EPS
6.86
est.
2.63
est: 1.88 (+39.6%)
1.56
est: 1.17 (+33.7%)
3.36
est: 2.90 (+15.9%)
5.88
est: 5.67 (+3.7%)
9.74
est: 10.28 (-5.3%)
11.83
est: 11.37 (+4.0%)
13.90
est: 11.75 (+18.3%)
11.13
est: 10.32 (+7.9%)
4.38
est: 6.08 (-27.9%)
7.40
est: 7.79 (-5.0%)
4.73
est: 5.11 (-7.5%)
6.10
4.34 – 7.17
+19.3% YoY
6.54
3.59 – 8.40
+7.3% YoY
8.40
7.42 – 8.86
+28.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 A- 4/5 4/5 4/5 5/5 3/5 2/5 2/5
2026-05-25 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
938.97M
OE per share TTM
4.14
Owner's Yield
2.59%
Maintenance CapEx ratio
92.88%
Maint CapEx / Avg PPE
68.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.75M
Shares Outstanding
226.61M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anil Kumar Sharma Chief Financial Officer 34M male
Vimal Kumar Jain Whole-Time Director 21M male
Poonam Sharma Director of Human Resources female
Ravi Arora Company Secretary, Compliance Officer & Vice President of Corporate Affairs male
Ravindra K. Shukla Senior Vice President of Sales & Marketing male
Sumeet Bisarya Senior Vice President of Business Development male
Suresh Chandra Dube Head of Works-Damoh male
Joydeep Mukherjee MD & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits