HeidelbergCement India Ltd Share Price ₹149

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of HeidelbergCement India Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	602	596	566	607	597	532	461	543	612	598	512	574	646
Expenses +	533	503	497	542	508	454	424	510	522	509	454	521	558
Operating Profit	69	93	69	65	89	78	37	33	91	89	58	53	88
OPM %	11%	16%	12%	11%	15%	15%	8%	6%	15%	15%	11%	9%	14%
Other Income +	13	13	14	13	14	12	13	9	11	9	9	1	4
Interest	7	9	9	8	9	9	9	7	5	6	6	4	1
Depreciation	27	27	27	27	28	28	26	28	27	27	27	28	27
Profit before tax	49	70	48	43	66	53	15	8	70	65	33	22	63
Tax %	28%	25%	26%	26%	27%	25%	26%	31%	27%	25%	26%	31%	28%
Net Profit +	35	52	36	31	48	40	11	5	50	48	25	16	45
EPS in Rs	1.54	2.31	1.58	1.39	2.13	1.76	0.49	0.23	2.23	2.13	1.10	0.69	2.00

Financials of HeidelbergCement India Ltd

Annual income statement trend

	Mar 2015 15m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	2,044	1,648	1,717	1,889	2,133	2,170	2,117	2,297	2,238	2,366	2,149	2,330
Expenses +	1,783	1,417	1,439	1,526	1,650	1,642	1,610	1,862	1,989	2,049	1,909	2,043
Operating Profit	261	231	279	363	483	528	507	435	249	317	240	287
OPM %	13%	14%	16%	19%	23%	24%	24%	19%	11%	13%	11%	12%
Other Income +	135	22	24	20	35	53	46	49	45	55	45	24
Interest	139	108	90	74	75	74	51	36	46	35	29	18
Depreciation	138	100	99	101	102	109	111	112	112	110	110	109
Profit before tax	120	45	114	208	342	398	391	335	136	227	146	184
Tax %	50%	22%	33%	36%	35%	33%	20%	25%	27%	26%	27%	27%
Net Profit +	60	35	76	133	221	268	315	252	99	168	107	134
EPS in Rs	2.63	1.56	3.36	5.88	9.74	11.83	13.90	11.13	4.38	7.40	4.71	5.91
Dividend Payout %	0%	0%	59%	43%	41%	63%	58%	81%	160%	108%	149%	0%

Financials of HeidelbergCement India Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	227	227	227	227	227	227	227	227	227	227	227	227
Reserves	645	668	740	820	945	1,088	1,267	1,339	1,235	1,243	1,169	1,145
Borrowings +	1,299	1,039	705	619	517	413	306	199	182	137	75	14
Other Liabilities +	650	681	735	867	1,008	1,065	1,045	1,060	1,022	1,054	1,071	1,052
Total Liabilities	2,820	2,615	2,408	2,533	2,696	2,793	2,845	2,824	2,665	2,661	2,542	2,438
Fixed Assets +	1,794	1,901	1,877	1,806	1,737	1,693	1,618	1,562	1,490	1,410	1,346	1,392
CWIP	127	56	6	8	17	16	19	27	6	28	110	10
Investments	0	0	0	0	0	0	0	5	5	14	20	20
Other Assets +	899	657	524	719	941	1,084	1,208	1,230	1,164	1,209	1,065	1,016
Total Assets	2,820	2,615	2,408	2,533	2,696	2,793	2,845	2,824	2,665	2,661	2,542	2,438

Financials of HeidelbergCement India Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	238	257	361	377	393	459	439	302	226	350	265	198
Cash from Investing Activity +	6	-108	-40	-14	-26	-14	-173	-35	144	-48	-73	-341
Cash from Financing Activity +	-212	-287	-315	-165	-242	-314	-304	-328	-267	-242	-271	-244
Net Cash Flow	32	-138	6	198	125	131	-38	-61	104	60	-79	-386
Free Cash Flow	65	135	317	359	351	415	394	255	199	277	165	146
CFO/OP	95%	117%	138%	116%	96%	101%	100%	82%	109%	130%	131%	90%

Financials of HeidelbergCement India Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	3	6	3	4	4	4	6	6	5	8	10	9
Inventory Days	168	195	141	125	158	137	157	147	160	139	141	125
Days Payable	168	204	194	223	262	243	265	225	239	235	245	244
Cash Conversion Cycle	3	-3	-50	-95	-100	-101	-102	-71	-75	-88	-94	-109
Working Capital Days	-62	-93	-36	-79	-62	-63	-61	-5	-37	-49	-67	-50
ROCE %	9%	7%	11%	17%	25%	28%	25%	21%	11%	16%	11%	15%