Manufactures cement at 3 plants in India and sells across 12 states, generating Rs 2,793 crore of revenue in FY26. Q1 FY27 revenue was Rs 604 crore, with volumes of 1.5 million tonnes, up 23% YoY. The largest cost bucket is other operating expenses at 50.8% of revenue, covering fuel, freight, packaging and branding, followed by materials at 23.4% of revenue. Depreciation runs at 8.3% of revenue and employees at 5.8%. The business has secured captive renewable power by acquiring a 9.04% stake in a 46 MW Karnataka wind project, and 41% of its energy mix comes from green power. Ambuja Cements, which already holds 72.66% of the equity, has received stock-exchange approvals to merge Orient Cement into itself, with NCLT shareholder meetings scheduled for September 28, 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Cement. Asset-heavy cement manufacturer; pending amalgamation into parent Ambuja Cements
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,725 | 2,938 | 3,185 | 2,709 | 2,793 |
| EBITDA (ex other income) | 591 | 365 | 449 | 301 | 539 |
| margin % | 21.7 | 12.4 | 14.1 | 11.1 | 19.3 |
| Owners' profit | 263 | 123 | 175 | 91 | 338 |
| EPS, as reported (₹) | 12.85 | 6.00 | 8.53 | 4.45 | 16.44 |
| ROE % · ROCE % | 17.3 · 23.0 | 7.7 · 11.1 | 10.0 · 13.9 | 5.0 · 7.4 | 15.7 · 13.3 |
| Debt / equity (x) | 0.20 | 0.24 | 0.07 | 0.02 | 0.02 |
| Cash from operations | 524 | 111 | 426 | 205 | (39) |
| Capex | (51) | (130) | (79) | (60) | (32) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 544 | 643 | 825 | 866 | 643 | 636 | 647 | 604 |
| Profit before tax | 3 | 17 | 68 | 144 | 74 | 36 | 64 | 103 |
| Net profit | 2 | 10 | 42 | 205 | 49 | 28 | 55 | 77 |
| EPS (₹) | 0.11 | 0.49 | 2.05 | 10.00 | 2.39 | 1.35 | 2.70 | 3.76 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ULTRATECH CEMENT LIMITED | 3,24,148 | 37.9 | 4.02 | 19.9 | 10.1 | 10.2 | 14.6 | 20.8 |
| GRASIM INDUSTRIES LTD | 2,23,350 | 39.1 | 1.31 | 17.4 | 6.1 | 3.2 | 18.1 | 16.6 |
| AMBUJA CEMENTS LTD | 97,375 | 22.1 | 1.36 | 13.7 | 7.8 | 4.3 | — | 18.3 |
| SHREE CEMENT LIMITED | 81,433 | 50.0 | 3.49 | 15.7 | 7.5 | 9.4 | 9.2 | 23.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Orient Cement to meet investors at Jefferies India Forum on Sept 17, 2026 | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Plant visit scheduled with investors and analysts on September 3, 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · NCLT meeting notice for Orient Cement and Ambuja Cements merger published | compliance | minimal | — | — |
| 26 Aug 2026 · Orient Cement NCLT-convened shareholder meeting on Sept 28 for Ambuja merger scheme | strategic transactions | high | — | — |
| 25 Aug 2026 · Orient Cement to interact with investors at Adani Annual Conference 2026 | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Orient Cement to meet investors at Motilal Oswal conference on Aug 19 | board shareholder meetings | low | — | — |
| 11 Aug 2026 · Orient Cement submits SEBI insider trading SDD compliance certificate | compliance | minimal | — | — |
| 3 Aug 2026 · Orient Cement files Ambuja Cements Q1 FY27 earnings call transcript | investor communications | medium | — | — |
| 28 Jul 2026 · Audio recording of Q1 FY27 analyst call uploaded | investor communications | low | — | — |
| 28 Jul 2026 · Orient Cement submits Q1 FY27 investor presentation for Adani Cement platform | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|
| JK CEMENT LIMITED | 37,445 | 39.6 | 5.28 | 17.2 | 13.9 | 10.3 | 15.7 | 17.0 |
| DALMIA BHARAT LIMITED | 33,326 | 35.2 | 1.84 | 12.2 | 6.4 | 5.2 | 7.1 | 19.6 |
| ACC LIMITED | 23,444 | 12.3 | 1.14 | 6.8 | 10.4 | 9.9 | — | 8.4 |
| THE RAMCO CEMENTS LIMITED | 20,521 | 31.8 | 2.54 | 11.9 | 8.6 | 7.1 | 11.3 | 14.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.3 | 24.6 | 11 of 35 | 71% |
| P/B | 1.2 | 1.5 | 14 of 34 | 61% |
| ROCE | 12.8 | 3.7 | 3 of 37 | 94% |
| ROE | 15.7 | 7.7 | 4 of 38 | 92% |
| Debt / Equity | 0.0 | 0.4 | 9 of 38 | 78% |
| EBITDA margin | 24.7 | 13.1 | 2 of 37 | 97% |
| Revenue growth | (30.3) | 7.8 | 34 of 37 | 8% |
| Profit growth | (62.5) | (24.7) | 30 of 37 | 19% |
| Market cap | 2631 | 2005 | 18 of 38 | 54% |
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
