HeidelbergCement India share price today

HeidelbergCement India Ltd's share price was ₹119.94 at the close on 4 November 2026. It has been falling for 53 weeks. That is 22.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹118 and ₹188, and at that close it sat 2% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today HeidelbergCement India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 9 weeks running.

Over the last 11 years the share price moved +65% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 7 quarters in a row, foreign funds (FIIs) cut their stake for 4 quarters in a row and indian funds and insurers (DIIs) cut their stake for 3 quarters in a row.

1. Revenue up on a year earlier for 7 quarters in a row

   In the September 2026 quarter revenue was ₹568 crore, +10.9% on a year earlier.

2. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 1.4% to 1% of the company by the September 2026 quarter.

3. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row

   From 14.2% to 13.4% of the company by the September 2026 quarter.

HeidelbergCement India paid ₹7 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 5.84% at the ₹119.94 close on 4 November 2026. The last was a dividend of ₹7 a share, ex-date 11 September 2026.

HeidelbergCement India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. HeidelbergCement India Ltd paid out 118% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For July to September 2026 (the quarter ended 30 September 2026), HeidelbergCement India reported revenue of ₹568 crore, up 10.9% from ₹512 crore a year earlier, and a profit of ₹17.0 crore, down 32.0% from ₹25.0 crore.

HeidelbergCement India results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 29 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

HeidelbergCement India closed at ₹119.94 on 4 November 2026, down 36.3% from ₹188.43 a year earlier (7 November 2025) and down 51.5% over five years. Its highest weekly close since March 2016 was ₹265.70 on 17 September 2021.

HeidelbergCement India share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: HeidelbergCement India closed at ₹119.94, down 0.7% on the week and down 8.3% on the month. Results for July to September 2026: Revenue up 10.9% and profit down 32.0% on a year earlier.

Earlier

• 11 Sep 2026: ex-date for a dividend of ₹7 a share.
• 29 May 2026: HeidelbergCement India held its results call for January to March 2026. Management guided: Central India cement market expected to grow 7-7.5% FY27 with company aiming for in-line volume expansion; monsoon dip near-term with recovery post-monsoon and Uttar Pradesh election-driven demand surge.

On the call for January to March 2026, held on 29 May 2026, HeidelbergCement India's management guided: Central India cement market expected to grow 7-7.5% FY27 with company aiming for in-line volume expansion; monsoon dip near-term with recovery post-monsoon and Uttar Pradesh election-driven demand surge.

“The cost push affects everyone. If it isn't passed on, balance sheets across the sector will suffer. Historically, serious cost increases are always passed on, albeit with a lag.”Managing Director Joydeep Mukherjee, on the call for January to March 2026

What management guided

• Cost inflation ₹100-150 per ton estimated April to June 2026 (versus industry ₹300-400 per ton) from fuel mix and packaging.
• Clinker-to-cement ratio planned to reduce by 50-100 basis points from current 1.5 through new composite cement product mix evolution; supports sufficient capacity headroom for next 1-2 years without new kiln capital spending.
• Green power and fuel mix improvements: steady small incremental improvements planned through FY27-FY28 as renewable availability increases; no specific percentage guidance given due to dispatch constraints.
• Khandwa blending unit capital spending ₹130-135 crores split FY27-FY28 with backload (approximately ₹50 crore Yr-1, ₹80-85 crore Yr-2); adds 35,000 tons per month capacity utilizing existing clinker.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 29 May 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When HeidelbergCement India reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: April to June 2026 cost inflation pass-through validation: Management guided for ₹100-150 per ton cost increase in Q1 with stated confidence on pass-through; verify whether Q1 operating profit per ton at least maintained parity or sequential decline signals pass-through failure to end market.

HeidelbergCement India is on one of our India lists: Dividend stocks.

HeidelbergCement India Ltd earned ₹17.0 Cr of net profit in the Sep 2026 quarter, −32.0% on the same quarter a year earlier. Full-year FY26 profit was ₹134 Cr. Over 10 years profit has grown 14.4% a year on average. That is 3.0% of the quarter's revenue. The same quarter a year earlier earned ₹25.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹134 Cr (+25.2% on the year before).

Why profit moved: revenue changed +10.9% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +35.6% and revenue +6.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

HeidelbergCement India Ltd reported ₹568 Cr of revenue in the Sep 2026 quarter, +10.9% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 3.5% a year on average. The last full year, FY26, came in at ₹2,330 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,416 Cr.

FY26 revenue was ₹2,330 Cr, +8.4% on the year before.

Recent pace: the last four quarters grew +6.8% on average, against 3.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.7%, against +4.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −14.8%, against −8.4% a year (rolling over).

HeidelbergCement India Ltd's operating margin was 8.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 8.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.8 percentage points on the year while gross margin changed −4.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 199% of HeidelbergCement India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹198 Cr of operating cash against ₹134 Cr of profit. After ₹55.0 Cr of spending on assets, ₹143 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 199% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

HeidelbergCement India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −109 days in FY26, down from −102 days in FY21. It spent ₹235 Cr on assets over the last 3 years. Customers take 9 days to pay, and stock sits for 125 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,330 Cr, each day of that cycle ties up about ₹6.4 Cr, so roughly −₹696 Cr is tied up in the business at any time.

FY26: customers took 9 days to pay and stock sat for 125 days, about 4.1 months of sales sitting as stock, for a full cycle of −109 days, shorter than FY21's −102.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 125 days. Customers pay about 9 days after that. Suppliers are paid at 244 days. Together that makes the −109-day cycle.

Spending on assets: ₹235 Cr over the last 3 years, against ₹329 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹10.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

HeidelbergCement India Ltd's P/E is 24.0×, in the middle of its own history: higher than 44% of past readings. Its usual P/E (the middle reading) is 25.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹4.78.