Orient Cement Ltd.
NSE: ORIENTCEM · Cement & Cement Products · sector
₹118.79NSE close 2026-10-26
Key numbers
Market cap₹2,495 cr
Price₹118.79
52w high / low₹225 / ₹109
P/E12.7xSector median 21.5x
P/B1.1xSector median 1.4x
Book value₹107.0
Dividend yield0.41%Sector median 0.64%
ROE8.9%Sector median 7.3%
ROCE11.3%Sector median 6.3%
OPM16.7%Sector median 10.9%
Debt / equity0.02xSector median 0.48x
EV/EBITDA6.2xSector median 14.1x
Interest cover23.2x
Current ratio2.28x
Sales growth 3y-1.7%Sector median +1.9%
Profit growth 3y+40.1%Sector median +16.8%
PEG0.32x
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹19 cr vs borrowings ₹38 cr (FY26): borrowings are higher by ₹19 cr.
- Operating profit covered interest 23.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY23).
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 14% of net profit in the last 12 months.
- Debtor days went from 26 (FY24) to 110 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹118.79 on 2026-10-26: -47.1% from the 52-week high, +8.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹360.10 · low ₹111.62
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 643 | 825 | 866 | 643 | 636 | 647 | 604 | 565 |
| EBITDA | 58 | 103 | 183 | 165 | 83 | 108 | 144 | 75 |
| OPM % | 9.0% | 12.5% | 21.1% | 25.7% | 13.1% | 16.7% | 23.8% | 13.3% |
| Other income | 3 | 8 | 2 | 12 | 3 | 6 | 5 | 13 |
| Net profit | 10 | 42 | 205 | 49 | 28 | 55 | 77 | 32 |
| EPS (₹) | 0.49 | 2.05 | 10.00 | 2.39 | 1.35 | 2.70 | 3.76 | 1.56 |
| Revenue YoY | -1.1% | -21.6% | -30.3% | -12.2% | ||||
| Profit YoY | +174.2% | +31.8% | -62.5% | -34.8% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,725 | 2,938 | 3,185 | 2,709 | 2,793 | 2,452 |
| EBITDA | 591 | 365 | 449 | 301 | 539 | 410 |
| Net profit | 263 | 123 | 175 | 91 | 338 | 192 |
| EPS (₹) | 12.85 | 6.00 | 8.53 | 4.45 | 16.44 | 9.37 |
| Revenue growth | +7.8% | +8.4% | -15.0% | +3.1% | -17.7% | |
| Profit growth | -53.3% | +42.4% | -47.8% | +270.1% | -37.3% | |
| Dividend / share (₹) | 2.25 | 2.25 | 1.75 | 1.50 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.7% | +3.7% | -17.7% |
| Net profit | +40.1% | +9.5% | -37.3% |
| EPS | +39.9% | +9.5% | – |
| Share price | – | -43.2% (2y) | -47.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,604 | 1,743 | 1,808 | 2,146 |
| Borrowings | – | 391 | 130 | 33 | 38 |
| Cash & equivalents | – | 70 | 77 | 78 | 19 |
| Total assets | – | 2,877 | 2,855 | 2,803 | 3,133 |
| Fixed assets | – | 1,950 | 1,968 | 1,925 | 1,720 |
| Capital work in progress | – | 140 | 89 | 24 | 32 |
| Investments | – | 4 | 11 | 13 | 13 |
| Receivables | – | 169 | 224 | 248 | 840 |
| Inventory | – | 351 | 340 | 318 | 229 |
| Payables | – | 215 | 229 | 228 | 474 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 524 | 111 | 426 | 205 | -39 |
| Cash from investing | 70 | -120 | -85 | -97 | 9 |
| Cash from financing | -586 | 35 | -334 | -136 | -2 |
| Capex | 53 | 130 | 79 | 60 | 32 |
| Free cash flow | 471 | -19 | 347 | 146 | -70 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.7% | 10.0% | 5.0% | 15.7% |
| ROCE % | – | 11.5% | 16.9% | 9.1% | 15.2% |
| Debtor days | – | 21 | 26 | 33 | 110 |
| Inventory days | – | 331 | 269 | 276 | 125 |
| Payable days | – | 203 | 181 | 198 | 259 |
| Cash conversion cycle (days) | – | 149 | 114 | 111 | -24 |
| Working capital days | – | -17 | 11 | 26 | 80 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.66% |
| FIIs | 3.14% |
| DIIs | 3.12% |
| of which Mutual funds | 0.87% |
| of which Insurance | 0.92% |
| Government | 0.00% |
| Public (non-institutions) | 21.08% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 37.86% | 37.86% | 72.66% | 72.66% | 72.66% | 72.66% | 72.66% | 72.66% |
| Promoter group | % |
|---|---|
| Ambuja Cements Limited | 72.66% |
| Holderind Investments Ltd | 0.00% |
| Public holders above 1% | % |
|---|---|
| Birla Institute of Technology and Science | 1.71% |
94,744 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| ORIENTCEM | ₹2,495 cr | 12.7x | 1.1x | 8.9% | 11.3% | 16.7% | -1.7% | 0.41% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 0.50 Per Share |
| 2025-07-25 | Dividend | Dividend - Rs 0.50 Per Share |
| 2024-07-29 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-02-16 | Dividend | Interim Dividend - Re 0.75 Per Share |
| 2023-07-25 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-02-10 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2022-07-20 | Dividend | Annual General Meeting/Dividend - Rs 1.75 Per Share |
| 2022-02-09 | Dividend | Interim Dividend - Rs 0.75 Per Share |
| 2021-07-28 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2021-02-08 | Dividend | Interim Dividend - Rs 0.50 Per Share |
| 2020-07-23 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2019-07-24 | Dividend | Annual General Meeting/Dividend - Re 0.75 Per Share |
| 2018-08-09 | Dividend | Annual General Meeting/Dividend- Re 0.75 Per Share |
| 2017-09-14 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2016-07-15 | Dividend | Annual General Meeting/ Dividend - Re 1/- Per Share |
| 2015-07-17 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2015-02-04 | Dividend | Interim Dividend - Re 0.75/- Per Share |
| 2014-08-07 | Dividend | Annual General Meeting/Dividend Re.0.75/- Per Share |
| 2014-02-13 | Dividend | Interim Dividend - Re 0.75/- Per Share |
| 2013-07-25 | Dividend | Final Dividend - Rs 2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Cement, Clinker
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | ORIENTCEM |
| BSE code | 535754 |
| ISIN | INE876N01018 |
| Face value | ₹1.0 |
| Incorporated | 2011-07-22 |
| Website | www.orientcement.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.