41 companies · ₹8.8 L cr · 21 with AI deep dives · Q2FY27 report
West Asia fuel and bag shock caps EBITDA/t despite double-digit volumes; Q2 named as the cost peak
P/E below the sub-industry median of 27.14x, 5y ROCE above its median of 8.07%, and at least 2 growth triggers stated on the latest earnings call.
Which names clear this screen is premium
The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.
Diwali open house: sign in free and Premium is open to you until 8 Nov.See plans →Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
This is the dominant cost story. Petcoke and imported coal prices spiked: JSW's blended fuel cost rose to ₹1.80/MCal from ₹1.49, Ramco's to ₹1.85/kcal from ₹1.55 and India…
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
Create a free account →Sept 26: 6 of 26 reported so far, so it is not in the trend above.
Breadth: 81% of 26 companies grew revenue year on year (was 84% a quarter earlier) and 27% expanded margin (was 48%).
The median name trades at 27.1x, -16.6% against this industry's own 5-year median of 32.5x, and -49.5% against its own peak of 53.7x.
UltraTech Cement Ltd is 37.1% of this industry by market cap. The top 5 are 83.3% and the top 10 are 94.3%.
| 35.3x |
| 16.5x |
| 4.4% |
| 14.1% |
| +21.4% |
| Unlock |
| Ambuja Cements Ltd | ₹88,832 cr | 20.5x | 12.6x | 5.6% | 16.1% | -7.7% | Unlock |
| Shree Cement Ltd | ₹84,246 cr | 53.5x | 16.2x | 10.4% | 22.1% | +23.8% | Unlock |
| J K Cements Ltd | ₹38,084 cr | 39.7x | 17.5x | 14.5% | 17.3% | +23.7% | Unlock |
| Dalmia Bharat Ltd | ₹28,765 cr | 32.7x | 10.8x | 8.1% | 20.8% | +4.3% | Unlock |
| ACC Ltd | ₹21,612 cr | 11.5x | 6.4x | 11.3% | 11.4% | -4.6% | Unlock |
| The Ramco Cements Ltd | ₹17,540 cr | 27.4x | 10.5x | 6.2% | 15.9% | +9.6% | Unlock |
| JSW Cement Ltd | ₹15,945 cr | 21.1x | -179.1x | 10.1% | 19.0% | +21.6% | Unlock |
| Nuvoco Vistas Corporation Ltd | ₹12,143 cr | 29.2x | 9.1x | 7.1% | 16.4% | +13.5% | Unlock |
| India Cements Ltd | ₹9,514 cr | 77.5x | 32.3x | 1.6% | 8.8% | +2.2% | Unlock |
| Star Cement Ltd | ₹6,445 cr | 17.5x | 7.4x | 16.7% | 24.8% | +3.4% | Unlock |
| Birla Corporation Ltd | ₹6,073 cr | 11.0x | 6.0x | 9.2% | 15.1% | +7.8% | Unlock |
| JK Lakshmi Cement Ltd | ₹5,890 cr | 15.8x | 7.6x | 11.9% | 14.9% | +9.4% | Unlock |
| Prism Johnson Ltd | ₹4,883 cr | 27.4x | 7.1x | 5.7% | 9.4% | -4.5% | Unlock |
| HeidelbergCement India Ltd | ₹2,744 cr | 23.5x | 8.8x | 14.6% | 12.3% | +5.1% | Unlock |
| Orient Cement Ltd | ₹2,358 cr | 12.6x | 4.3x | 16.5% | 19.5% | -12.2% | Unlock |
| Sagar Cements Ltd | ₹1,677 cr | - | 10.8x | 2.1% | 11.0% | +5.3% | Unlock |
| NCL Industries Ltd | ₹735 cr | 7.8x | 4.6x | 13.7% | 13.4% | +1.5% | Unlock |
| Visaka Industries Ltd | ₹691 cr | 7.8x | 4.8x | 6.8% | 8.3% | +16.7% | Unlock |
| BIGBLOC Construction Ltd | ₹504 cr | 290.8x | 30.8x | 1.8% | 6.2% | +40.4% | Unlock |
| Mangalam Cement Ltd | ₹2,491 cr | 21.6x | 14.1x | 10.5% | 12.3% | +0.8% | Unlock |
| K C P Ltd | ₹1,855 cr | 10.8x | 6.2x | 11.6% | 13.3% | +15.2% | Unlock |
| Shree Digvijay Cement Co. Ltd | ₹811 cr | - | 17.8x | 6.4% | 9.4% | +73.2% | Unlock |
| Deccan Cements Ltd | ₹674 cr | 116.1x | 14.7x | 3.3% | 12.1% | +45.6% | Unlock |
| Shiva Cement Ltd | ₹382 cr | - | 121.5x | -1.4% | 3.1% | +37.3% | Unlock |
| Andhra Cements Ltd | ₹334 cr | - | 55.8x | -5.5% | 3.6% | +42.9% | Unlock |
| Ushanti Colour Chem Ltd | ₹278 cr | - | 72.6x | 1.3% | 0.2% | +103.8% | Unlock |
| Anjani Portland Cement Ltd | ₹235 cr | - | 14.6x | 0.1% | 7.4% | -35.7% | Unlock |
| Kanoria Energy & Infrastructure Ltd | ₹132 cr | - | 12.1x | 6.7% | 6.2% | +71.0% | Unlock |
| Shri Keshav Cements & Infra Ltd | ₹126 cr | - | 9.2x | 5.9% | 22.3% | +15.9% | Unlock |
| Panyam Cements & Mineral Inds Ltd | ₹83 cr | - | 18.3x | 1.6% | -33.4% | +11680.0% | Unlock |
| Barak Valley Cements Ltd | ₹81 cr | 35.0x | 8.9x | 4.2% | 5.1% | +5.8% | Unlock |
| Kakatiya Cement Sugar & Industries Ltd | ₹72 cr | - | -4.4x | -7.5% | -27.2% | -29.8% | Unlock |
| Sainik Finance & Industries Ltd | ₹39 cr | 8.9x | 9.6x | 9.9% | 87.9% | +22.1% | Unlock |
| Keerthi Industries Ltd | ₹32 cr | - | -6.1x | -25.3% | -11.3% | -45.9% | Unlock |
| Scan Projects Ltd | ₹32 cr | 43.1x | 31.5x | 15.8% | 4.0% | -20.3% | Unlock |
| Sri Chakra Cement Ltd | ₹27 cr | - | -3.8x | -87.7% | -19.8% | - | Unlock |
| Burnpur Cement Ltd | ₹20 cr | - | -267.4x | - | - | - | Unlock |
| Vaishno Cement Co Ltd | ₹3 cr | - | -8.2x | -102.4% | - | - | Unlock |