H

HeidelbergCement India Limited

HEIDELBERG
Market snapshot · 2026-08-11 18:09 UTC

154.45

₹-0.77 (-0.50%)

MARKET CAP

₹3.50K Cr

STOCK P/E

30.2x

52W HIGH

₹224.80

52W LOW

₹136.10

BOOK VALUE

₹60.69

EPS

₹5.12

ROE

SECTOR

Materials

DEBT/EQUITY

1.04

VOLUME

38,249

P/B RATIO

2.54x

PEG RATIO

-0.82

Sector

Materials

Themes

CementLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹213.29₹195.91₹178.52₹161.14₹143.75VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for HEIDELBERG.

10.00 analysts

Price Forecast

Current
₹154.45
High Target
₹252.00
▲ +63.2%
Median Target
₹175.50
▲ +13.6%
Low Target
₹135.00
▼ -12.6%
Now₹154.45High ₹252.00Median ₹175.50Low ₹135.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
10 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹132.30 - ₹176.5180%
6M₹123.32 - ₹185.4080%
12M₹110.95 - ₹197.4980%
Realized vol: +22.5% · Drift: -1.7%

Revenue Forecast

₹ Cr
Jun '26Current₹628.0
Sep 2026 ETrend estimate range
High₹583.0Base₹539.8Low₹496.6
Sep '25: ₹512.0 · Dec '25: ₹574.0 · Mar '26: ₹646.0 · Jun '26: ₹628.0 · Sep '26: ₹539.8 · Dec '26: ₹605.2
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E512.0574.0646.0628.0539.8605.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹1.35
Sep 2026 ETrend estimate range
High₹1.85Base₹1.65Low₹1.45
Sep '25: ₹1.10 · Dec '25: ₹0.69 · Mar '26: ₹2.00 · Jun '26: ₹1.35 · Sep '26: ₹1.65 · Dec '26: ₹1.04
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1.100.692.001.351.651.04
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
61%
Analyst Consensus
Weakening

From 10 analysts

Mean upside+15.7%

Fundamentals

Weakening

Fundamentals institutional score is 19 using growth durability 19.2.

Valuation

Attractive relative to peers

Valuation institutional score is 94 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 34 using mean target upside 15.7%; dispersion penalty 26.2; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 85 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and technical structure provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price178.7 target
Mean Upside+15.7%
Technical Score85%
Fundamental Score19%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 18.6% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.64). Confidence: 89%.

Live forward EPS implies next-12-month EPS of ₹8.51. Applying the stock's normalized valuation corridor produces a fair range of ₹287.98 to ₹342.95, with base value near ₹315.38 (+104.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹8.51

Forward P/E

18.1x

Base Fair Value

₹315.38

Fair Range

₹287.98 - ₹342.95

Upside To Base

+104.2%

Estimate Source

Live forward EPS

Growth Estimate

-36.6%

P/E
Strongly Undervalued

5Y Average

35.35

Current

30.17

Overvalued

40.30

Undervalued

33.84

EV/EBITDA
Strongly Undervalued

5Y Average

13.76

Current

11.74

Overvalued

15.13

Undervalued

12.14

P/B
Strongly Undervalued

5Y Average

2.86

Current

2.54

Overvalued

3.29

Undervalued

2.43

Peers & Comparison

Sector: Materials · Theme: Cement

Cement Peers2 peers
Avg P/E: 39.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BIRLA CORPORATION LTD
BIRLACORPNCement
+7.8%5.6%
12.5x
Undervalued
-69% vs avg
-30.4%
BATA INDIA LTD
BATAINDIAFootwear
+5.0%3.8%
67.2x
Premium
+68% vs avg
-37.2%
WHY THESE PEERS

HEIDELBERGCEMENT (I) LTD trades at a discount (30.2x vs peer avg 39.9x), suggesting potential undervaluation relative to the Cement cohort. Peers include BIRLA CORPORATION LTD, BATA INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹628 CrJun 2026

Latest net profit

₹31 CrJun 2026

Latest EPS

₹1.35Jun 2026

Net margin

11.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr200 Cr400 Cr600 Cr800 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr200 Cr400 Cr600 Cr800 Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr200 Cr400 Cr600 Cr800 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +596566607597532461543612598512574646628
Expenses +503497542508454424510522509454521558561
Operating Profit93696589783733918958538867
OPM %16%12%11%15%15%8%6%15%15%11%9%14%11%
Other Income +13141314121391199146
Interest9989997566413
Depreciation27272728282628272727282729
Profit before tax7048436653158706533226341
Tax %25%26%26%27%25%26%31%27%25%26%31%28%25%
Net Profit +5236314840115504825164531
EPS in Rs2.311.581.392.131.760.490.232.232.131.100.692.001.35
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +69.39%69.39%69.39%69.39%69.39%
FIIs +1.35%1.42%1.18%1.15%1.07%
DIIs +13.98%14.08%14.24%14.21%13.87%
Government +0.14%0.34%
Public +15.13%14.76%15.18%15.25%15.66%
Others0.01%0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Monthly Reporting Regarding Request For Re-Lodgement Of Transfer Request Of Physical Form

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 30, 2026PDFCompany Reports Open

Outcome Of Board Meeting Held On 29 July 2026

Jul 29, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of Board Meeting Held On 29 July 2026

Jul 29, 2026PDFCompany Reports Open

Board Meeting Intimation for Pre-Intimation Of Board Meeting

Jul 23, 2026PDFCompany Reports Open