Orient Cement
- P/E
- 11.90
Key Fundamentals
MicrocapCement & Cement ProductsConstruction MaterialsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 16.50%
- Debt to Equity
- 0.03
- EPS (TTM)
- ₹10.19
- Book Value
- ₹109.34
- Market Cap
- —
- P/E (TTM)
- 11.90
- P/B
- 1.11
- ROE
- 17.30%
- Dividend Yield
- 0.42%
- EBITDA
- ₹569 Cr
- 52W High
- ₹213.32
- 52W Low
- ₹109.29
- Day Range
- ₹118.59 – ₹121.60
- Volume
- 1,93,763
Peer Comparison
Commodities › Construction › Cement › Cement & Cement Products
| ₹11,816.00 | 39.56 | ₹3,46,219 Cr | 4.73 | 2.05% | 11.10% | 12.70% | ₹95,572 Cr | ₹8,834 Cr | |
| ₹3,138.00 | 37.92 | ₹2,11,790 Cr | 2.05 | 0.32% | 4.98% | 8.01% | ₹1,84,029 Cr | ₹11,261 Cr | |
| ₹375.95 | 21.09 | ₹92,920 Cr | 1.57 | 0.54% | 8.85% | 5.61% | ₹39,867 Cr | ₹5,222 Cr | |
| ₹24,175.00 | 53.51 | ₹86,846 Cr | 3.66 | 0.63% | 7.51% | 10.30% | ₹21,896 Cr | ₹1,637 Cr | |
| ₹5,076.30 | 41.48 | ₹39,409 Cr | 5.34 | 0.39% | 15.60% | 15.10% | ₹14,401 Cr | ₹939 Cr | |
| ₹1,407.00 | 28.29 | ₹26,437 Cr | 1.48 | 0.29% | 6.11% | 7.59% | ₹15,058 Cr | ₹953 Cr | |
| ₹1,185.30 | 11.66 | ₹22,384 Cr | 1.08 | 0.64% | 10.90% | 11.20% | ₹25,442 Cr | ₹1,908 Cr | |
| ₹121.31 | 11.90 | ₹2,489 Cr | 1.11 | 0.42% | 17.30% | 16.50% | ₹2,531 Cr | ₹209 Cr | |
| Median 8 companies | ₹2,272.50 | 33.11 | ₹63,128 Cr | 1.81 | 0.48% | 9.88% | 10.75% | ₹23,669 Cr | ₹1,773 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 47
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 60
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 10
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 69
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 23
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 1.10 times its book value
Weaknesses
4- The company has delivered a poor sales growth of 3.75% over past five years.
- Company has a low return on equity of 11.2% over last 3 years.
- Debtor days have increased from 56.3 to 110 days.
- Working capital days have increased from 31.7 days to 77.1 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 7 | 3 | 9 |
| Oscillators | Neutral | 3 | 3 | 3 |
| Moving Averages | Strong Bullish | 4 | 0 | 6 |
Oscillators
Neutral
Overall
Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 58.22
- Neutral
- MACD (12,26,9)
- −0.61
- Bullish
- SMA (50)
- 120.67
- Bullish
- SMA (200)
- 137.26
- Bearish
As of
Analyst Rating
1 of 2 analysts rate Buy, 1 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +6.69% |
|---|---|
| 5Y | +3.74% |
| 3Y | −1.67% |
| 1Y | +3.10% |
| TTM | −12.09% |
Net profit
| 10Y | +18.48% |
|---|---|
| 5Y | +9.57% |
| 3Y | +40.07% |
| 1Y | +271.43% |
| TTM | −19.31% |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Turned negative |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +6.83 pp |
|---|---|
| 5Y | −4.16 pp |
| 3Y | +7.13 pp |
| 1Y | +8.40 pp |
| TTM | +6.59 pp |
Revenue by year
| Mar 2017 | ₹1,875 Cr |
|---|---|
| Mar 2018 | ₹2,222 Cr |
| Mar 2019 | ₹2,522 Cr |
| Mar 2020 | ₹2,422 Cr |
| Mar 2021 | ₹2,324 Cr |
| Mar 2022 | ₹2,725 Cr |
| Mar 2023 | ₹2,938 Cr |
| Mar 2024 | ₹3,185 Cr |
| Mar 2025 | ₹2,709 Cr |
| Mar 2026 | ₹2,793 Cr |
Net profit by year
| Mar 2017 | −₹32.00 Cr |
|---|---|
| Mar 2018 | ₹44.00 Cr |
| Mar 2019 | ₹48.00 Cr |
| Mar 2020 | ₹87.00 Cr |
| Mar 2021 | ₹214 Cr |
| Mar 2022 | ₹263 Cr |
| Mar 2023 | ₹123 Cr |
| Mar 2024 | ₹175 Cr |
| Mar 2025 | ₹91.00 Cr |
| Mar 2026 | ₹338 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Orient Cement Ltd trades at a market cap of ₹2,914 Cr with a PE of 8.6x and PB of 1.36x. The company is nearly debt-free and reported a sharp 276% TTM profit growth, but revenue growth remains muted at 3% TTM with deteriorating working capital metrics.
- Company is almost debt-free, providing financial flexibility and lower interest burden in a capital-intensive sector
- PE ratio of 8.6x is significantly below the Indian cement sector average, suggesting undemanding valuations
- TTM profit growth of 276% indicates a sharp recovery in earnings and margin expansion
- 3-year compounded profit CAGR of 41% shows sustained earnings momentum beyond a single quarter
- Last year ROE jumped to 17%, well above the 3-year average of 11% and 10-year average of 10%, signalling improving capital efficiency
- Price-to-book of 1.36x is modest for a cement company with improving profitability
- 10-year compounded sales CAGR of 7% demonstrates long-term revenue base expansion despite recent slowdown
- Dividend yield of 0.35% provides a small but tangible return to shareholders even during a recovery phase
- Stock price has declined 41% over the past 1 year, reflecting significant negative market sentiment
- Debtor days nearly doubled from 56.3 to 110 days, indicating serious deterioration in receivables collection
- Working capital days surged from 31.7 to 77.1 days, locking up more cash in operations and straining liquidity
- 5-year compounded sales CAGR of just 3.75% signals chronic top-line growth challenges in a growing infrastructure economy
- 3-year compounded sales CAGR is negative at -2%, showing recent revenue contraction
- 3-year ROE of only 11.2% is below cost-of-equity benchmarks for a cyclical commodity business
- 10-year stock CAGR of -2% means the stock has destroyed value for long-term holders over a full decade
- Tax rate appears low, suggesting current earnings may not be fully sustainable at normalized tax rates
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Orient Cement had a quiet period with only routine corporate governance events — an AGM and a non-deal roadshow. No material operational, financial, or strategic developments were reported. With no headwinds or positives in the recent news flow, the near-term outlook remains neutral pending fresh catalysts such as earnings or capacity updates.
- 15th AGM held via VC Jun 26
Orient Cement conducted its 15th Annual General Meeting via video conferencing on June 26, 2026, with e-voting open from June 23 to June 25.
- Non-deal roadshow in Mumbai Jun 11
Orient Cement scheduled a non-deal investor roadshow in Mumbai on June 16-17, 2026, with discussions based on publicly available information.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 825 | 721 | 751 | 888 | 696 | 544 | 643 | 825 | 866 | 643 | 636 | 647 | 604 | 565 |
| Expenses | 726 | 634 | 636 | 740 | 600 | 500 | 585 | 722 | 684 | 478 | 546 | 539 | 460 | 490 |
| Operating Profit | 99 | 87 | 115 | 148 | 96 | 44 | 58 | 103 | 182 | 165 | 90 | 108 | 144 | 75 |
| OPM % | 12% | 12% | 15% | 17% | 14% | 8% | 9% | 12% | 21% | 26% | 14% | 17% | 24% | 13% |
| Other Income | 4 | 2 | 2 | 8 | 6 | 4 | 3 | 8 | 2 | 12 | −4 | 6 | 5 | 13 |
| Interest | 10 | 9 | 8 | 8 | 6 | 6 | 6 | 6 | 3 | 3 | 2 | 5 | 3 | 1 |
| Depreciation | 37 | 37 | 38 | 38 | 39 | 39 | 38 | 37 | 37 | 101 | 48 | 45 | 43 | 43 |
| PBT | 57 | 42 | 72 | 110 | 58 | 3 | 17 | 68 | 144 | 74 | 36 | 64 | 103 | 44 |
| Tax % | 35% | 42% | 37% | 38% | 37% | 26% | 39% | 38% | −42% | 33% | 23% | 13% | 25% | 27% |
| Net Profit | 37 | 25 | 45 | 68 | 37 | 2 | 10 | 42 | 205 | 49 | 28 | 55 | 77 | 32 |
| EPS (₹) | 1.81 | 1.2 | 2.2 | 3.33 | 1.79 | 0.11 | 0.49 | 2.05 | 9.98 | 2.39 | 1.35 | 2.7 | 3.75 | — |
Sep 2026: from the results filed on 22 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,545 | 1,462 | 1,875 | 2,222 | 2,522 | 2,422 | 2,324 | 2,725 | 2,938 | 3,185 | 2,709 | 2,793 | 2,531 |
| Expenses | 1,239 | 1,277 | 1,696 | 1,916 | 2,210 | 2,039 | 1,773 | 2,134 | 2,573 | 2,736 | 2,407 | 2,247 | 2,024 |
| Operating Profit | 307 | 186 | 179 | 306 | 312 | 383 | 551 | 591 | 365 | 449 | 302 | 546 | 507 |
| OPM % | 20% | 13% | 10% | 14% | 12% | 16% | 24% | 22% | 12% | 14% | 11% | 20% | 20% |
| Other Income | 6 | 8 | 11 | 19 | 14 | 18 | 18 | 10 | 12 | 15 | 20 | 16 | 20 |
| Interest | 14 | 54 | 135 | 129 | 118 | 122 | 94 | 51 | 38 | 34 | 23 | 13 | 13 |
| Depreciation | 47 | 78 | 122 | 126 | 133 | 141 | 142 | 145 | 147 | 149 | 153 | 231 | 237 |
| PBT | 251 | 61 | −66 | 70 | 75 | 137 | 334 | 404 | 192 | 281 | 145 | 318 | 277 |
| Tax % | 22% | −2% | −52% | 37% | 36% | 37% | 36% | 35% | 36% | 38% | 37% | −6% | — |
| Net Profit | 195 | 62 | −32 | 44 | 48 | 87 | 214 | 263 | 123 | 175 | 91 | 338 | 209 |
| EPS (₹) | 9.51 | 3.04 | −1.57 | 2.16 | 2.32 | 4.23 | 10.45 | 12.85 | 6 | 8.53 | 4.45 | 16.44 | 10.19 |
| Div. Payout % | 18% | 33% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 35% | 32% | 18% | 19% | 19% | 25% | 26% | 11% | 3% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 21 | 21 |
| Reserves | 955 | 1,020 | 967 | 1,002 | 1,033 | 1,098 | 1,285 | 1,505 | 1,583 | 1,723 | 1,787 | 2,125 |
| Borrowings | 1,106 | 1,285 | 1,336 | 1,314 | 1,290 | 1,226 | 798 | 316 | 398 | 170 | 70 | 72 |
| Other Liabilities | 484 | 571 | 560 | 601 | 584 | 555 | 708 | 809 | 875 | 943 | 925 | 915 |
| Total Liabilities | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,803 | 3,133 |
| Fixed Assets | 798 | 2,207 | 2,296 | 2,251 | 2,355 | 2,272 | 2,207 | 2,115 | 2,010 | 2,021 | 1,990 | 1,779 |
| CWIP | 1,319 | 239 | 98 | 158 | 48 | 67 | 41 | 40 | 140 | 89 | 24 | 32 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 115 | 14 | 4 | 11 | 42 | 13 |
| Other Assets | 448 | 450 | 489 | 528 | 525 | 562 | 448 | 481 | 723 | 734 | 746 | 1,309 |
| Total Assets | 2,566 | 2,896 | 2,883 | 2,937 | 2,927 | 2,900 | 2,812 | 2,650 | 2,877 | 2,855 | 2,803 | 3,133 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 156 | 268 | 259 | 279 | 281 | 292 | 714 | 524 | 111 | 426 | 205 | −39 |
| Investing | −922 | −371 | −124 | −149 | −120 | −73 | −162 | 70 | −120 | −85 | −97 | 9 |
| Financing | 727 | 98 | −108 | −161 | −171 | −206 | −552 | −586 | 35 | −334 | −136 | −2 |
| Net Cash Flow | −40 | −5 | 27 | −31 | −10 | 13 | 0 | 8 | 26 | 7 | −28 | −32 |
| Free Cash Flow | −766 | −104 | 153 | 132 | 160 | 215 | 663 | 471 | −18 | 348 | 146 | −69 |
| CFO/EBITDA | 68 | 152 | 144 | 95 | 96 | 84 | 140 | 100 | 40 | 106 | 87 | 5 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 23 | 21 | 25 | 26 | 24 | 17 | 17 | 21 | 26 | 33 | 110 |
| Inventory Days | 213 | 236 | 196 | 230 | 269 | 269 | 192 | 192 | 331 | 269 | 276 | 125 |
| Days Payable | 214 | 340 | 268 | 280 | 270 | 201 | 207 | 238 | 203 | 181 | 198 | 259 |
| Cash Conversion Cycle | 19 | −81 | −52 | −25 | 25 | 93 | 2 | −29 | 150 | 114 | 112 | −24 |
| Working Capital Days | 4 | −16 | −42 | −36 | −12 | −5 | −24 | −39 | −25 | 2 | 16 | 77 |
| ROCE % | 16% | 5% | 3% | 9% | 8% | 11% | 19% | 23% | 12% | 16% | 9% | 16% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Orient Cement insights
75 extracted metrics across FY13–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q3 FY26 concall · Jan 2026PPT
- 10 Oct 2025
- 29 Oct 2024
- 8 Oct 2024
- 9 Oct 2023
- 29 Nov 2022
Frequently Asked Questions about Orient Cement
What does Orient Cement Ltd do?
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Does Orient Cement Ltd pay dividends?
What is the Return on Equity (ROE) of Orient Cement Ltd?
Company Information
Orient Cement Ltd is primarily engaged in the manufacture and sale of Cement and its manufacturing facilities at present are located at Devapur in Telangana, Chittapur in Karnataka and Jalgaon in Maharashtra.
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