India Cements Limited's share price fell by 15% in last quarter

06 May 2022 CW Team

The India Cements Limited's (NSE: INDIACEM) share price fell by 15% in the last quarter but still, the returns over the last three years have been pleasing.

In light of the stock falling 6.4% in the past week, it's important to investigate the longer-term story and see if fundamentals have been the driver of the firm's positive three-year return.

One way to study how market sentiment has varied over time is to look at the interaction between a firm's share price, and its earnings per share (EPS). India Cements was able to raise its EPS at 88% per year over three years, sending the share price high. The average annual share price increase of 25% is lower than the EPS growth.

It's excellent to notice how India Cements has increased profits over the years, but the future is more important for shareholders.

India Cements' thermal substitution rate (TSR) for the last three years was 101%, which surpasses the share price return noted earlier. The dividends paid by the firm have raised the total shareholder return.

India Cements provided a TSR of 19% over the last twelve months, but that return drops short of the market. On the bright side, that's still a profit, and it is certainly more profitable than the yearly loss of approximately 1.0% endured over half a decade.

Image Source

Also read: ICRA forecasts 18-20% Indian cement sales volume growth in 2022

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..