Cement stocks in India
Every listed cement company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.
There are 44 listed companies in the Cement industry on NSE and BSE in our database, 33 of them with full financials.
The largest by market capitalisation are UltraTech Cement Limited (₹325,057 Cr), Ambuja Cements Limited (₹89,180 Cr), SHREE CEMENT LIMITED (₹82,030 Cr).
Among the 26 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 22.5 and the median return on equity is 8.2%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Shree Digvijay +72%, Deccan Cements +46%, SHREE CEMENT +24%.
Next to report results: JK Cement on 24 Oct, Dalmia Bharat on 26 Oct, Everest Industries on 26 Oct.
Cement companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | UltraTech Cement LimitedULTRACEMCO | ₹325,057 Cr | 36.79 | 12.0% | +18.8% | +21.3% | -10.6% | — |
| 2 | Ambuja Cements LimitedAMBUJACEM | ₹89,180 Cr | 17.20 | 8.7% | -7.7% | -35.1% | -37.0% | 29 Oct |
| 3 | SHREE CEMENT LIMITEDSHREECEM | ₹82,030 Cr | 51.57 | 6.7% | +23.9% | -15.0% | -24.2% | — |
| 4 | JK Cement LimitedJKCEMENT | ₹37,506 Cr | 39.95 | 13.3% | +20.2% | -15.3% | -26.0% | 24 Oct |
| 5 | Dalmia Bharat LimitedDALBHARAT | ₹29,873 Cr | 31.35 | 5.3% | +7.0% | -51.4% | -28.5% | 26 Oct |
| 6 | ACC LimitedACC | ₹21,772 Cr | 11.41 | 9.3% | -4.1% | -60.8% | -37.7% | 27 Oct |
| 7 | The Ramco Cements LimitedRAMCOCEM | ₹17,471 Cr | 27.08 | 8.0% | +9.6% | -63.3% | -28.1% | — |
| 8 | JSW Cement LimitedJSWCEMENT | ₹15,796 Cr | 21.90 | — | +21.6% | +111.2% | -14.8% | 27 Oct |
| 9 | The India Cements LimitedINDIACEM | ₹14,680 Cr | 119.35 | 1.2% | +2.2% | +340.6% | -19.9% | — |
| 10 | Nuvoco Vistas Corporation LimitedNUVOCO | ₹11,808 Cr | 28.48 | 4.3% | +13.5% | +77.8% | -19.9% | — |
| 11 | Star Cement LimitedSTARCEMENT | ₹6,475 Cr | 17.69 | 11.5% | +3.4% | -24.7% | -38.3% | — |
| 12 | Birla Corporation LimitedBIRLACORPN | ₹5,989 Cr | 10.83 | 7.5% | +7.8% | -3.2% | -34.4% | 31 Oct |
| 13 | JK Lakshmi Cement LimitedJKLAKSHMI | ₹5,907 Cr | 15.92 | 9.5% | +9.4% | -28.0% | -43.9% | 04 Nov |
| 14 | Prism Johnson LimitedPRSMJOHNSN | ₹4,849 Cr | 161.59 | 2.0% | +0.4% | -113.2% | -34.6% | — |
| 15 | HeidelbergCement India LimitedHEIDELBERG | ₹2,683 Cr | 23.02 | 8.5% | +5.0% | -36.4% | -39.6% | 29 Oct |
| 16 | Mangalam Cement LimitedMANGLMCEM | ₹2,460 Cr | 21.53 | 11.7% | +0.7% | -43.5% | +18.5% | — |
| 17 | Ramco Industries LimitedRAMCOIND | ₹2,433 Cr | 13.84 | 3.9% | +18.7% | +207.8% | -15.1% | — |
| 18 | Orient Cement LimitedORIENTCEM | ₹2,383 Cr | 12.41 | 8.5% | -12.1% | -34.7% | -46.1% | — |
| 19 | KCP LimitedKCP | ₹1,833 Cr | 7.56 | 13.6% | +15.2% | -37.9% | -26.6% | 06 Nov |
| 20 | Sagar Cements LimitedSAGCEM | ₹1,654 Cr | — | -0.0% | +19.6% | +237.0% | -49.4% | 30 Oct |
| 21 | Shree Digvijay Cement Co.LtdSHREDIGCEM | ₹831 Cr | 46.12 | 4.9% | +72.1% | -50.5% | -37.5% | — |
| 22 | Everest Industries LimitedEVERESTIND | ₹747 Cr | — | -0.2% | -13.0% | +5004.7% | -29.6% | 26 Oct |
| 23 | NCL Industries LimitedNCLIND | ₹745 Cr | 7.83 | 10.1% | +4.5% | +500.0% | -18.7% | — |
| 24 | Visaka Industries LimitedVISAKAIND | ₹692 Cr | 8.05 | 10.4% | +16.6% | +1.3% | -1.3% | — |
| 25 | Deccan Cements LimitedDECCANCE | ₹680 Cr | 116.34 | 0.8% | +45.7% | -148.1% | -54.9% | — |
| 26 | Saurashtra Cement LimitedSAURASHCEM | ₹504 Cr | 75.36 | — | +7.8% | -45.8% | -56.1% | 04 Nov |
| 27 | Bigbloc Construction LimitedBIGBLOC | ₹490 Cr | — | -3.1% | +40.4% | +85.5% | -33.5% | — |
| 28 | Sahyadri Industries LimitedSAHYADRI | ₹358 Cr | 7.86 | 11.2% | +20.3% | +141.1% | +26.9% | 31 Oct |
| 29 | Andhra Cements LimitedACL | ₹329 Cr | — | -90.0% | +42.2% | -19.8% | -52.4% | 30 Oct |
| 30 | Anjani Portland Cement LimitedAPCL | ₹240 Cr | — | -8.9% | -35.7% | -184.1% | -36.7% | — |
| 31 | Barak Valley Cements LimitedBVCL | ₹77 Cr | 265.92 | 0.2% | +2.9% | +22.9% | -27.6% | — |
| 32 | Kakatiya Cement Sugar & Industries LimitedKAKATCEM | ₹72 Cr | — | -14.9% | -29.8% | -97.8% | -36.0% | 06 Nov |
| 33 | Burnpur Cement LimitedBURNPUR | ₹21 Cr | — | 13.8% | — | -362.5% | — | — |
| 34 | Hil LtdHIL | — | — | — | — | — | — | — |
| 35 | Kanoria Energy & Infrastructure LtdBSE: 539620 | — | — | — | — | — | — | 26 Oct |
| 36 | Keerthi Industries LtdBSE: 518011 | — | — | — | — | — | — | — |
| 37 | Panyam Cements & Mineral Industries LtdBSE: 500322 | — | — | — | — | — | — | — |
| 38 | Sainik Finance & Industries LtdBSE: 530265 | — | — | — | — | — | — | — |
| 39 | Sanghi Industries LimitedSANGHIIND | — | — | — | — | — | — | — |
| 40 | Scan Projects LtdBSE: 531797 | — | — | — | — | — | — | — |
| 41 | Shiva Cement LtdBSE: 532323 | — | — | — | — | — | — | — |
| 42 | Shri Keshav Cements And Infra LtdBSE: 530977 | — | — | — | — | — | — | — |
| 43 | Sri Chakra Cement LtdBSE: 518053 | — | — | — | — | — | — | — |
| 44 | Udaipur CementUDAICEMENT | — | — | — | — | — | — | — |
P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.
Upcoming cement results
Frequently asked questions
Which are the largest cement stocks in India?
By market capitalisation: UltraTech Cement Limited (₹325,057 Cr), Ambuja Cements Limited (₹89,180 Cr), SHREE CEMENT LIMITED (₹82,030 Cr), JK Cement Limited (₹37,506 Cr), Dalmia Bharat Limited (₹29,873 Cr).
How many cement companies are listed in India?
44 companies listed on NSE and BSE are classified in the Cement industry on this page, which merges the exchanges' and data vendors' labels for the same business.
What is the average P/E of cement stocks?
The median P/E of profitable cement companies worth more than ₹500 Cr is 22.5, based on trailing-twelve-month profit and the latest close.
When do cement companies announce their results?
Upcoming board meetings for results: JK Cement Limited on 24 Oct 2026; Dalmia Bharat Limited on 26 Oct 2026; Everest Industries Limited on 26 Oct 2026; Kanoria Energy & Infrastructure Ltd on 26 Oct 2026; ACC Limited on 27 Oct 2026.
