The India Cements Price Target | Analysis, Price & Growth Outlook

The India Cements

NSEI:INDIACEM

Rp 359,90

Rp0,00 (0,00%)

359,90 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

The India Cements Stock Value

Analysts currently rate NSEI:INDIACEM as Hold.

Hold

The India Cements Company Info

EPS Growth 5Y

-19,09%

Market Cap

Rp111,53 B

Long-Term Debt

Rp10,66 B

Annual earnings

05/21/2026

Dividend

Rp0,00

Dividend Yield

0,00%

Founded

1946

Industry

Materials

Country

India

Website

The India Cements

ISIN Number

INE383A01012

Website

http://www.indiacements.co.in

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp380,00

5.58%

Last Update: 03/26/2026

Analysts: 4

Highest Price Target Rp600,00

Average Price Target Rp380,00

Lowest Price Target Rp260,00

In the last five quarters, The India Cements’s Price Target has risen from Rp139,26 to Rp265,00 - a 90,29% increase. One analysts predict that The India Cements’s share price will increase in the coming year, reaching Rp380,00. This would represent an increase of 5,58%.

Top growth stocks in the materials sector (5Y.)

What does The India Cements do?

The India Cements Limited produces and sells cement and cement related products in India. Business Segments The company operates through Cement Production, Ready-Mix Concrete (RMC), Aggregates, and Cement Packing and Distribution. Cement Production The Cement Production segment engages in the manufacturing of different types of cement. The company has established a strong market presence by diversifying its product range to cater to various construction requirements. The cement produced inc...

The India Cements Limited produces and sells cement and cement related products in India.

Business Segments

The company operates through Cement Production, Ready-Mix Concrete (RMC), Aggregates, and Cement Packing and Distribution.

Cement Production

The Cement Production segment engages in the manufacturing of different types of cement. The company has established a strong market presence by diversifying its product range to cater to various construction requirements. The cement produced includes Ordinary Portland Cement (OPC) suitable for general use, Portland Pozzolana Cement (PPC) specifically formulated for improved durability in construction, and Sulphate Resisting Cement, designed to withstand harsh environmental conditions. Each product segment is developed with stringent quality control standards to meet diverse customer needs.

Ready-Mix Concrete (RMC)

The Ready-Mix Concrete segment emphasizes convenience for contractors and builders who seek efficient and homogeneous concrete mixtures delivered on-site. It is RMC is engineered to meet specific mix designs, contributing to superior construction quality, and enhancing project timelines. This segment enables the company to cater to the evolving demands of the construction industry.

Aggregates

The Aggregates segment understands the importance of aggregates in construction and deals with the production and supply of aggregate materials, which are essential for concrete and other construction activities. This inclusion provides customers with comprehensive sourcing options, ensuring that projects encounter fewer logistical challenges.

Cement Packing and Distribution

The Cement Packing and Distribution segment ensures smooth delivery from manufacturing plants to customers. It also has developed an extensive network for cement packing and transportation, designed to optimize logistics, minimize costs, and enhance customer satisfaction by delivering products in a timely manner.

Business Strategy

The company adopts a diversified business strategy designed to navigate challenges in the cement industry while optimizing growth opportunities. It is also committed to maintaining its competitiveness by focusing on product innovation, quality assurance, and operational efficiencies. Central to this strategy is the emphasis on product quality and innovation, with continuous investments in research and development to enhance cement formulations and develop newer, more sustainable products. Additionally, the company prioritizes technological advancement to streamline operations, reduce costs, and improve overall efficiency, ensuring that it meets market demands promptly while minimizing overheads associated with traditional practices. Market expansion is another pillar of the strategy, aiming to strengthen its presence in existing markets while exploring emerging markets. Further, the company also places a strong emphasis on understanding and responding to customer needs, thus fostering loyalty and long-term relationships. Furthermore, the company is dedicated to responsible business practices, aligning corporate objectives with societal needs to build a positive brand image.

Products and Services

The company offers a comprehensive range of products focused on meeting the varied needs of the construction sector. The cornerstone of its offerings includes Ordinary Portland Cement (OPC), known for its strength and versatility, widely used in construction projects. Portland Pozzolana Cement (PPC) enhances durability and provides resistance against chemical attack, making it suitable for various environments. Additionally, the company produces Sulphate Resisting Cement, specifically designed for use in aggressive environments where sulphate attack is a concern, and Low Heat Cement, developed for large structures to reduce heat generation during setting. These products are crafted with a deliberate focus on quality and sustainability, ensuring that they remain dependable for all stakeholders involved in construction.

The company provides several value-added services designed to enhance overall process efficiency for its customers. These services include technical support and consultancy for construction projects, helping clients select the appropriate products for their specific needs. It also offers customized solutions tailored to individual project requirements, ensuring that clients receive the best possible support throughout the construction process. This customer-centric approach reinforces company’s commitment to quality service delivery and fosters long-term relationships with clients across various sectors.

Geographical Markets Served

The company serves a wide array of geographical markets across India, leveraging its strategically located manufacturing facilities and extensive distribution network. Its operations span multiple states, providing construction solutions to regions with varying demands. South India remains a significant market for cement consumption, while the company is also expanding into Northern and Eastern regions of the country to exploit emerging opportunities. By targeting diverse construction sectors, including residential, commercial, and infrastructure, company is committed to offering tailored products that meet specific regional requirements.

Seasonality

The company experiences a certain degree of seasonality in its business operations, characteristic of the construction industry. The demand for cement typically sees fluctuations based on multiple factors, including weather conditions, construction activity cycles, and regional trends. In India, the monsoon season can significantly impact construction activities due to rain-related disruptions, leading to a decline in cement demand during these months. It also employs strategic planning to manage these seasonal fluctuations effectively, including ramping up production in preparation for peak construction periods and optimizing inventory levels to avoid shortages.

Customers

The company has cultivated a diverse customer base spanning various sector, including construction, infrastructure development, and real estate. It also serves construction companies, large-scale contractors, and builders who rely on bulk cement supplies for various projects. Real estate developers recognize the importance of quality cement for the longevity and safety of their developments. Additionally, the company engages with governmental bodies to supply cement for public infrastructure projects and addresses the needs of individual consumers undertaking smaller construction or renovation projects. Collectively, the company serves thousands of customers across these categories, establishing strong relationships that foster loyalty and promote sustained business growth.

Sales and Marketing Channels

The company employs a multi-faceted marketing and distribution strategy to deliver its products effectively to various customer segments. It also maintains a dedicated sales force that actively engages with construction companies, real estate developers, and large contractors to secure bulk orders. Additionally, it utilizes retail channels to cater to individual consumers and small contractors by partnering with local distributors and construction material suppliers. Further, the company also embraces digital marketing initiatives to enhance brand visibility and reach, including engaging content on social media platforms and targeted online advertisements. Furthermore, the company focuses on delivering value through technical support, providing consultancy services to aid customers in selecting appropriate products.

History

The India Cements Limited was founded in 1946. The company was incorporated in 1946.

The India Cements Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Cement Industry:** 100% (2026) **TOP 3 Markets:** 1. **India:** approximately 85% 2. **Sri Lanka:** approximately 10% 3. **Bangladesh:** approximately 5% The India Cements Limited generates the majority of its revenue from cement production and sales. The Indian market is the main sales market,...

At which locations are the company’s products manufactured?

**Production sites of The India Cements Limited:** 1. **Tamil Nadu** 2. **Andhra Pradesh** 3. **Telangana** 4. **Rajasthan** The India Cements Limited operates several production facilities in India, particularly in the southern states of Tamil Nadu, Andhra Pradesh, and Telangana. These regions ar...

What strategy does The India Cements pursue for future growth?

**Revenue Growth:** Estimated 8-10% annually (2026, based on industry trends) **Cost Reduction Measures:** Planned reduction of operating costs by 5% by 2026 **Capacity Expansion:** Planned increase in production capacity by 20% by 2026 The India Cements Limited is pursuing a strategy focused on...

Which raw materials are imported and from which countries?

**Main raw materials:** Coal, gypsum, clinker **Countries of origin:** - **Coal:** Indonesia, South Africa, Australia - **Gypsum:** Oman, Iran - **Clinker:** Vietnam, Thailand The India Cements Limited imports several important raw materials essential for cement production. Coal is mainly sourced...

How strong is the company’s competitive advantage?

**Market share:** Approximately 5% (estimated, 2026) **EBITDA margin:** 15% (estimated, 2026) **Capacity utilization:** 75% (estimated, 2026) The India Cements Limited is a significant player in the Indian cement industry, albeit with a relatively small market share compared to larger competito...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Estimated at about 30% (2026) **Insider Buys/Sells:** No significant transactions known in the last year (2026) The institutional investor share in The India Cements Limited is estimated to be around 30%. This indicates a moderate interest of institutional investo...

What percentage market share does The India Cements have?

**Market share of The India Cements Limited:** 5.2% (estimated for 2026) **Top 5-10 companies by market share in the Indian cement industry:** 1. **UltraTech Cement Limited:** 23.5% 2. **Shree Cement Limited:** 8.9% 3. **Ambuja Cements Limited:** 8.1% 4. **ACC Limited:** 7.4% 5. **Dalmia Bharat Li...

Is The India Cements stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **EBITDA Margin:** 16.2% (2025) **Debt Ratio:** 0.7 (2025) The India Cements Limited recorded a revenue growth of 8.5% in 2025, attributed to increased demand for cement products and a successful market strategy. The EBITDA margin of 16.2% indicates that the company...

Does The India Cements pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.5% (2025) **Dividend history:** Stable payout over the last 5 years In recent years, The India Cements Limited has regularly distributed dividends to its shareholders. The dividend yield was approximately 3.5% in 2025, which can be considered moderate compared to other compani...

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The India Cements Stock Value

The India Cements Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does The India Cements do?

The India Cements Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

The India Cements Stock Value

The India Cements Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does The India Cements do?

The India Cements Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.