āagman

Not investment advice. Data and computed figures, for information only.

Orient Cement Ltd

NSE: ORIENTCEM
₹112.51
+₹0.48 (+0.43%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹2,510 Cr
CMP
₹112.51
52-wk High / Low
₹225 / 109
P/E
11.8
P/B
1.2
Book Value
₹104.0
Div Yield
0.41%
ROCE
16.0%
ROE
17.3%
Face Value
₹1
D/E
0.03

Price−49.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹196
√(22.5 × EPS × book value per share)
ROIC
14.2%
vs 6.2% sector median
Cash flow to profit
−0.12
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+282
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
16.5%
ROE × earnings retention ratio
ROE stability
4.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.58DII +0.20
Latest quarter vs the previous one
Cash-accrual divergence
12.7%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 9% vs the 2025 sector median of 7.5%)
+Borrowings are down 94.4% since FY2016 (1285 to 72)
+Promoter holding rose by 34.8pp over the last year
+PE of 11.8x is below the sector median of 27.3x
Watch-outs
−Price trades below its 200-day moving average (0.8x)
−Price is 49.9% below its 52-week high
−Balance-sheet accruals of 12.7% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales825721751888696544643825866643636647604
Expenses726634636740600500585722684478546539460
Operating Profit998711514896445810318216590108144
OPM %12.0%12.1%15.3%16.7%13.8%8.1%9.0%12.5%21.0%25.7%14.2%16.7%23.8%
Other Income42286438212−465
Interest10988666633253
Depreciation373738383939383737101484543
Profit before tax5742721105831768144743664103
Net Profit37254568372104220549285577
EPS (₹)1.811.202.203.331.790.110.492.059.982.391.352.703.75

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5451,4621,8752,2222,5222,4222,3242,7252,9383,1852,7092,7932,531
Expenses1,2391,2771,6961,9162,2102,0391,7732,1342,5732,7362,4072,2472,024
Operating Profit307186179306312383551591365449302546507
OPM %19.9%12.7%9.5%13.8%12.4%15.8%23.7%21.7%12.4%14.1%11.1%19.5%20.0%
Other Income681119141818101215201620
Interest145413512911812294513834231313
Depreciation4778122126133141142145147149153231237
Profit before tax25161−667075137334404192281145318277
Net Profit19562−3244488721426312317591338209
EPS (₹)9.513.04−1.572.162.324.2310.4512.856.008.534.4516.4410.19

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital202020202020202020202121—
Reserves9551,0209671,0021,0331,0981,2851,5051,5831,7231,7872,125—
Borrowings1,1061,2851,3361,3141,2901,2267983163981707072—
Other Liabilities484571560601584555708809875943925915—
Total Liabilities2,5662,8962,8832,9372,9272,9002,8122,6502,8772,8552,8033,133—
Fixed Assets7982,2072,2962,2512,3552,2722,2072,1152,0102,0211,9901,779—
CWIP1,3192399815848674140140892432—
Investments000000115144114213—
Other Assets4484504895285255624484817237347461,309—
Total Assets2,5662,8962,8832,9372,9272,9002,8122,6502,8772,8552,8033,133—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity156268259279281292714524111426205−39
Cash from Investing Activity−922−371−124−149−120−73−16270−120−85−979
Cash from Financing Activity72798−108−161−171−206−552−58635−334−136−2
Net Cash Flow−40−527−31−101308267−28−32

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %16.05.03.09.08.011.019.023.012.016.09.016.0
ROE %———————————17.3
EPS (₹)9.513.04−1.572.162.324.2310.4512.856.008.534.4516.44
Book Value (₹)———————————104.0
Face Value (₹)———————————1
P/E———————————11.8
Div Yield %———————————0.41
NPM %12.64.2−1.72.01.93.69.19.64.25.53.312.0
OPM %20.013.010.014.012.016.024.022.012.014.011.020.0
D/E1.131.241.351.291.231.100.610.210.250.100.040.03
P/B———————————1.2

Growth

As of 27 Sep 2026
Compounded sales growth
10 years+7.0%
5 years+4.0%
3 years−2.0%
TTM−12.0%
Compounded profit growth
10 years+19.0%
5 years+10.0%
3 years+41.0%
TTM−18.0%
Stock price CAGR
10 years−5.0%
5 years−5.0%
3 years−11.0%
Last year−46.0%
Return on equity
10 years10.0%
5 years12.0%
3 years11.0%
Last year17.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters37.50%37.50%37.37%37.37%37.37%37.37%37.37%37.90%37.90%37.86%72.66%72.66%
FIIs7.35%7.35%6.95%7.40%7.49%2.09%6.54%7.72%8.24%8.41%4.70%4.12%
DIIs25.42%25.42%26.74%27.33%28.15%24.08%14.83%9.53%14.65%13.36%1.97%2.17%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.00%0.00%0.00%0.00%
Public29.73%29.73%28.94%27.90%27.00%36.46%41.26%44.81%39.19%40.37%20.67%21.05%
No. of shareholders25,76025,76027,07826,28230,96550,7821,08,2211,12,07284,94076,71897,34496,933
Change since Jun 2023 (pp)
Promoters +35.16FIIs −3.23DIIs −23.25Public −8.68

Documents

As of 27 Sep 2026
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationClarification With Respect To The Company Intimation Dated September 19, 2026 On Change In Key Managerial Personnel ("KMP")Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026PPTJan 2026PPTNov 2025TranscriptNov 2025PPT

Corporate actions

As of 12 Jun 2026
12 Jun 2026DIVIDENDDividend - Rs 0.50 Per Share—
25 Jul 2025DIVIDENDDividend - Rs 0.50 Per Share—
29 Jul 2024DIVIDENDDividend - Rs 1.50 Per Share—
16 Feb 2024DIVIDENDInterim Dividend - Re 0.75 Per Share—
25 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Re 1 Per Share—
10 Feb 2023DIVIDENDInterim Dividend - Re 0.50 Per Share—
20 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 1.75 Per Share—
9 Feb 2022DIVIDENDInterim Dividend - Rs 0.75 Per Share—
28 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 1.50 Per Share—
8 Feb 2021DIVIDEND Interim Dividend - Rs 0.50 Per Share—
23 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.75 Per Share—
24 Jul 2019DIVIDEND Annual General Meeting/Dividend - Re 0.75 Per Share—
9 Aug 2018DIVIDEND Annual General Meeting/Dividend- Re 0.75 Per Share—
14 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.50 Per Share—
15 Jul 2016DIVIDEND Annual General Meeting/ Dividend - Re 1/- Per Share—
17 Jul 2015DIVIDENDAnnual General Meeting/Dividend Re 1/- Per Share—
4 Feb 2015DIVIDENDInterim Dividend - Re 0.75/- Per Share—
7 Aug 2014DIVIDENDAnnual General Meeting/Dividend Re.0.75/- Per Share—
13 Feb 2014DIVIDENDInterim Dividend - Re 0.75/- Per Share—
25 Jul 2013DIVIDENDFinal Dividend - Rs 2/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman