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 (₹315,056 Cr), Ambuja Cements Limited (₹90,012 Cr), SHREE CEMENT LIMITED (₹79,017 Cr).
Among the 27 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 24.5 and the median return on equity is 8.0%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Shree Digvijay +72%, Deccan Cements +46%, Bigbloc Construction +40%.
Next to report results: India Cements on 17 Oct, UltraTech Cement on 19 Oct, Nuvoco Vistas on 22 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 | ₹315,056 Cr | 36.76 | 11.2% | +15.9% | +17.2% | -11.8% | 19 Oct |
| 2 | Ambuja Cements LimitedAMBUJACEM | ₹90,012 Cr | 17.36 | 8.7% | -7.7% | -35.1% | -37.5% | — |
| 3 | SHREE CEMENT LIMITEDSHREECEM | ₹79,017 Cr | 48.27 | 7.0% | +18.0% | -17.5% | -25.8% | 23 Oct |
| 4 | JK Cement LimitedJKCEMENT | ₹38,263 Cr | 40.75 | 13.3% | +20.2% | -15.3% | -24.8% | — |
| 5 | Dalmia Bharat LimitedDALBHARAT | ₹31,578 Cr | 43.38 | 4.0% | +5086.7% | +481.8% | -25.6% | — |
| 6 | ACC LimitedACC | ₹22,211 Cr | 11.64 | 9.3% | -4.1% | -60.8% | -36.1% | — |
| 7 | The Ramco Cements LimitedRAMCOCEM | ₹19,632 Cr | 30.43 | 8.0% | +9.6% | -63.3% | -19.2% | — |
| 8 | JSW Cement LimitedJSWCEMENT | ₹15,070 Cr | — | — | +31.2% | +111.5% | -22.4% | — |
| 9 | The India Cements LimitedINDIACEM | ₹13,720 Cr | 147.54 | 0.9% | -0.5% | +120.2% | -23.0% | 17 Oct |
| 10 | Nuvoco Vistas Corporation LimitedNUVOCO | ₹11,504 Cr | 29.78 | 3.8% | +8.9% | +19.9% | -27.2% | 22 Oct |
| 11 | Star Cement LimitedSTARCEMENT | ₹7,210 Cr | 19.70 | 11.5% | +3.4% | -24.7% | -31.9% | — |
| 12 | Birla Corporation LimitedBIRLACORPN | ₹6,383 Cr | 11.54 | 7.5% | +7.8% | -3.2% | -34.8% | — |
| 13 | JK Lakshmi Cement LimitedJKLAKSHMI | ₹5,917 Cr | 14.33 | 10.6% | +0.2% | -28.6% | -44.6% | — |
| 14 | Prism Johnson LimitedPRSMJOHNSN | ₹5,215 Cr | 173.78 | 2.0% | +0.4% | -113.2% | -38.6% | — |
| 15 | HeidelbergCement India LimitedHEIDELBERG | ₹2,959 Cr | 25.39 | 8.5% | +5.0% | -36.4% | -37.3% | — |
| 16 | Mangalam Cement LimitedMANGLMCEM | ₹2,708 Cr | 23.69 | 11.7% | +0.7% | -43.5% | +33.1% | — |
| 17 | Ramco Industries LimitedRAMCOIND | ₹2,625 Cr | 14.93 | 3.9% | +18.7% | +207.8% | -18.2% | — |
| 18 | Orient Cement LimitedORIENTCEM | ₹2,381 Cr | 8.43 | 13.2% | -30.3% | -62.5% | -50.4% | — |
| 19 | KCP LimitedKCP | ₹1,988 Cr | 8.41 | 13.3% | +15.2% | -37.9% | -21.3% | — |
| 20 | Sagar Cements LimitedSAGCEM | ₹1,961 Cr | — | -0.0% | +19.6% | +237.0% | -42.3% | — |
| 21 | Shree Digvijay Cement Co.LtdSHREDIGCEM | ₹986 Cr | 54.77 | 4.9% | +72.1% | -50.5% | -25.4% | — |
| 22 | NCL Industries LimitedNCLIND | ₹769 Cr | 8.08 | 10.1% | +4.5% | +500.0% | -18.0% | — |
| 23 | Deccan Cements LimitedDECCANCE | ₹769 Cr | 131.58 | 0.8% | +45.7% | -148.1% | -51.1% | — |
| 24 | Everest Industries LimitedEVERESTIND | ₹754 Cr | — | -0.2% | -13.0% | +5004.7% | -33.4% | — |
| 25 | Visaka Industries LimitedVISAKAIND | ₹722 Cr | 8.41 | 10.4% | +16.6% | +1.3% | +1.9% | — |
| 26 | Saurashtra Cement LimitedSAURASHCEM | ₹594 Cr | — | — | +7.8% | -45.8% | -49.3% | — |
| 27 | Bigbloc Construction LimitedBIGBLOC | ₹549 Cr | — | -3.1% | +40.4% | +85.5% | -31.1% | — |
| 28 | Sahyadri Industries LimitedSAHYADRI | ₹389 Cr | 8.55 | 11.2% | +20.3% | +141.1% | +33.5% | — |
| 29 | Andhra Cements LimitedACL | ₹363 Cr | — | -90.0% | +42.2% | -19.8% | -55.9% | — |
| 30 | Anjani Portland Cement LimitedAPCL | ₹278 Cr | — | -8.9% | -35.7% | -184.1% | -30.7% | — |
| 31 | Barak Valley Cements LimitedBVCL | ₹92 Cr | 316.28 | 0.2% | +2.9% | +22.9% | -23.7% | — |
| 32 | Kakatiya Cement Sugar & Industries LimitedKAKATCEM | ₹80 Cr | — | -14.9% | -29.8% | -97.8% | -30.9% | — |
| 33 | Burnpur Cement LimitedBURNPUR | ₹22 Cr | — | 13.8% | — | -362.5% | — | — |
| 34 | Hil LtdHIL | — | — | — | — | — | — | — |
| 35 | Kanoria Energy & Infrastructure LtdBSE: 539620 | — | — | — | — | — | — | — |
| 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 (₹315,056 Cr), Ambuja Cements Limited (₹90,012 Cr), SHREE CEMENT LIMITED (₹79,017 Cr), JK Cement Limited (₹38,263 Cr), Dalmia Bharat Limited (₹31,578 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 24.5, based on trailing-twelve-month profit and the latest close.
When do cement companies announce their results?
Upcoming board meetings for results: The India Cements Limited on 17 Oct 2026; UltraTech Cement Limited on 19 Oct 2026; Nuvoco Vistas Corporation Limited on 22 Oct 2026; SHREE CEMENT LIMITED on 23 Oct 2026.
