The India Cements Limited
Financial trend (73/100) does the heavy lifting; quality (34/100) is the drag.
Buy zoneOvervaluedThe India Cements Limited earns a Hold from StocksWizard, with a blended score of 45/100. On 22.7x trailing earnings it sits roughly in line with the Basic Materials median of about 22.2x. The price is about 17% below its 52-week high of ₹478.55 and 16% above the low of ₹343.8. Financial health scores 65/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹440 implies about 11% upside across 4 analysts. It clears 5 of 13 investability checks, with durability 34, valuation 75 and momentum 48 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹159.2.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-16.83% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold45Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: -0.7%
- Pass: Low debt (D/E < 0.5): 0.13x
- Pass: Positive free cash flow
- Fail: Revenue growth > 10%: 3%
- Pass: Earnings growing: 276%
- Fail: Net margin ≥ 10%: -1.5%
- Fail: Current ratio > 1.5: 1.01
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 3.58
- Fail: Piotroski ≥ 7: 5/9
Quarterly results
Annual financials
Shareholding
- Promoter75.2%
- Institutions14.0%
- Public & other10.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 3.58.
Opportunities
- Earnings growing (276% YoY).
- Trading in our value buy zone versus sector peers.
Bear case
Weaknesses
- Low return on equity (-0.7%).
- Price below its 200-day moving average (downtrend).
Threats
- Trades ~50% above our estimated fair value.
About The India Cements Limited
India Cements Limited manufactures and sells cement products in India under brands including Conkrete Super King, Coromandel King, Sankar Super Power, Raasi Gold, and Halo Super King, along with specialty cements and ready-mix concrete. The company operates windmill and thermal power plants for electricity generation, provides freight services, and sells clinker products.
The India Cements Limited — frequently asked questions
Is The India Cements Limited a buy, hold or sell?
StocksWizard currently rates The India Cements Limited (INDIACEM) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is The India Cements Limited's fair value?
Our blended DCF and relative-valuation model estimates The India Cements Limited's fair value at about ₹199, versus a current price of ₹398 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is The India Cements Limited financially healthy?
The India Cements Limited scores 65/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.
How has The India Cements Limited's share price performed?
The India Cements Limited is up 1% over three months, and last traded at ₹398. Past performance doesn't predict future returns.
More in Basic Materials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.