The India Cements Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from The India Cements Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every ₹100 of sales, ₹1 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹3 tied up three years earlier. Less money tied up than 92% of Basic Materials companies in India.
- Self-Funding Ratio: Over the last 3 years its own operating cash paid for 15% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares. Lower than 85% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
0.1×Over the last 3 years its own operating cash paid for 15% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 85% of Basic Materials companies in India.
Cash Locked Ratio
₹1For every ₹100 of sales, ₹1 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹3 tied up three years earlier.
Less money tied up than 92% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 69% of Basic Materials companies in India.
Growth Efficiency Ratio
—Sales fell 20%
Sales fell 20% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-20% / +17%In 3 years sales changed by -20% while total assets changed by +17%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
-0.1×Operating cash was negative last year, while some debt falls due within a year.
Lower than 82% of Basic Materials companies in India.
Cash Cushion Ratio
−12%Debt, after subtracting cash, equals 12% of its market value (net debt).
Lower than 57% of Basic Materials companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 67% of Basic Materials companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 70% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
The India Cements Limited owes ₹0.24 for every ₹1 it owns. The India Cements Limited made a loss in each of the last two years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
84.0Investors pay ₹84.0 for every ₹1 of The India Cements Limited's yearly profit, higher than 93% of Basic Materials companies in India.
P/B ratio
1.02The share price is 1.02 times The India Cements Limited's book value per share, lower than 77% of Basic Materials companies in India.
Market cap
₹10,281 CrThe total market value of all of The India Cements Limited's shares at today's price (share price × number of shares), larger than 79% of Basic Materials companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹10,124 CrWhat The India Cements Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹326.70Net worth divided by the number of shares. The share price of ₹331.75 is 1.0 times this, which is the P/B above.
Return on equity (ROE)
1.2%The India Cements Limited earned 1.2% on its shareholders' money over the last year, lower than 88% of Basic Materials companies in India.
Owes vs Owns
0.24×The India Cements Limited owes ₹0.24 for every ₹1 it owns (low), lower than 72% of Basic Materials companies in India.
Dividend yield
NoneThe India Cements Limited does not currently pay a dividend.
Revenue growth
+8%Revenue rose 8% in the year to Mar 2026, and shrank 7% a year on average over 3 years.
Profit growth
LossThe India Cements Limited made a loss in each of the last two years.
Profit margin
-1.5%The India Cements Limited lost ₹2 for every ₹100 of revenue.
Interest cover
1.0×The India Cements Limited's operating profit covered its interest costs 1.0 times in the year to Mar 2026.
Cash vs debt
Net debtThe India Cements Limited had ₹1,243 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is The India Cements Limited's P/E ratio?
Investors pay ₹84.0 for every ₹1 of The India Cements Limited's yearly profit, higher than 93% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For The India Cements Limited: ₹10,281 Cr ÷ ₹10,124 Cr (31 Mar 2026) = 1.0.
What is The India Cements Limited's return on equity?
The India Cements Limited earned 1.2% on its shareholders' money over the last year, lower than 88% of Basic Materials companies in India.
How much does The India Cements Limited owe compared with what it owns?
The India Cements Limited owes ₹0.24 for every ₹1 it owns (low), lower than 72% of Basic Materials companies in India.
Does The India Cements Limited pay a dividend?
No. The India Cements Limited does not currently pay a dividend.
Is The India Cements Limited's revenue growing?
Revenue rose 8% in the year to Mar 2026, and shrank 7% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.