Orient Cement share price today

Orient Cement Ltd's share price was ₹121.31 at the close on 4 November 2026. It has been falling for 70 weeks. That is 16.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹112 and ₹203, and at that close it sat 11% 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 Orient Cement 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 18 weeks running.

Over the last 11 years the share price moved −11% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 3 July 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: operating margin down 13 points on a year earlier, indian funds and insurers (DIIs) raised their stake for 3 quarters in a row and revenue down on a year earlier for 4 quarters in a row.

1. Operating margin down 13 points on a year earlier

   13% in the September 2026 quarter, from 26%.

   Why: Margins fell because fuel and diesel costs rose due to geopolitical conflict, even as the company saved on domestic coal and group fuel.

   From the earnings call on 29 Oct 2026.

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

   From 1.8% to 2.2% of the company by the September 2026 quarter.

3. Revenue down on a year earlier for 4 quarters in a row

   In the September 2026 quarter revenue was ₹565 crore, -12.1% on a year earlier.

   Why: Revenue fell because institutional sales were still weak, even though trade sales grew.

   Next results: check whether trade and institutional volumes turn positive and beat the industry in the second half.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Orient Cement reported revenue of ₹565 crore, down 12.1% from ₹643 crore a year earlier, and a profit of ₹32.0 crore, down 34.7% from ₹49.0 crore.

Orient Cement 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).

Orient Cement's management discussed these results on a call held on 29 October 2026; what it said is further down this page.

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

Orient Cement closed at ₹121.31 on 4 November 2026, down 40.3% from ₹203.29 a year earlier (7 November 2025) and down 33.5% over five years. Its highest weekly close since February 2016 was ₹357.80 on 11 April 2025.

Orient Cement 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.

565 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Orient Cement closed at ₹121.31, up 7.8% on the week and up 4.6% on the month. 29 Oct 2026: Orient Cement held its results call for July to September 2026. Management guided: FY27 cost goal ₹4,250 per tonne on track despite geopolitical pressure.

Earlier

• Results for July to September 2026: Revenue down 12.1% and profit down 34.7% on a year earlier.
• 12 Jun 2026: ex-date for a dividend of ₹0.50 a share.

Orient Cement paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.41% at the ₹121.31 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 12 June 2026.

Orient Cement 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. Orient Cement Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

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

On the call for July to September 2026, held on 29 October 2026, Orient Cement's management guided: FY27 cost goal ₹4,250 per tonne on track despite geopolitical pressure.

“With these numbers and these measures, we are on track to achieve our FY27 cost target of Rs. 4,250 per metric tonne.”Vinod Bahety, Chief Executive Officer, on the call for July to September 2026

What management guided

• FY28 cost ₹4,000 per tonne at 149 MTPA combined existing plus new capacity.
• H2 FY27 volume ahead of industry at higher single-digit pushing double-digit both segments positive to about 75% exit utilization.
• Capacity 149 MTPA by FY29 and 155 MTPA by FY30 via 30 MTPA plus 10.3 MTPA including Warisaliganj 2.4 MTPA in H2.
• Capital spending ₹14,500 crore total about ₹7,500 crore per year including FY ₹6,500-7,000 crores self-sustainable interim funding only.

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 July to September 2026, 29 October 2026.

When Orient Cement reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 cost progression toward flagged FY27 goal on domestic coal green BCFC WHRS delivery.

Orient Cement is on one of our India lists: 52 week high & low.

Orient Cement Ltd earned ₹32.0 Cr of net profit in the Sep 2026 quarter, −34.7% on the same quarter a year earlier. Full-year FY26 profit was ₹338 Cr. Over 10 years profit has grown 18.5% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned ₹49.0 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 ₹338 Cr (+271.4% on the year before).

Why profit moved: revenue changed −12.1% on a year earlier and the margin moved −13.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +28.5% and revenue −16.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Orient Cement Ltd reported ₹565 Cr of revenue in the Sep 2026 quarter, −12.1% on the same quarter a year earlier. Over 10 years it has grown 6.7% a year on average. The last full year, FY26, came in at ₹2,793 Cr. The last four reported quarters add to ₹2,452 Cr.

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

FY26 revenue was ₹2,793 Cr, +3.1% on the year before.

Recent pace: the last four quarters grew −16.3% on average, against 6.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −17.6%, against −7.7% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −37.3%, against +12.4% a year (rolling over).

Orient Cement Ltd's operating margin was 13.0% in the Sep 2026 quarter, 13.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 10.0% 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 −12.4 percentage points on the year while gross margin changed −10.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 98% of Orient Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹39.0 Cr of cash, against ₹338 Cr of profit. After ₹28.0 Cr of spending on assets, free cash was −₹67.0 Cr: it spent more than its operations brought in.

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 98% of profit came in as cash: the cash cycle got 26 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

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.

Orient Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −24 days in FY26, down from 2 days in FY21. It spent ₹194 Cr on assets over the last 3 years. Customers take 110 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 ₹2,793 Cr, each day of that cycle ties up about ₹7.7 Cr, so roughly −₹184 Cr is tied up in the business at any time.

FY26: customers took 110 days to pay and stock sat for 125 days, about 4.1 months of sales sitting as stock, for a full cycle of −24 days, shorter than FY21's 2.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 125 days. Customers pay about 110 days after that. Suppliers are paid at 259 days. Together that makes the −24-day cycle.

Spending on assets: ₹194 Cr over the last 3 years, against ₹533 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 ₹32.0 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.

Orient Cement Ltd's P/E is 12.7×, near the low end of its own history: it has been lower only 32% of the time. Its usual P/E (the middle reading) is 20.4×, 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 ₹9.36.