HeidelbergCement India Limited
Quick Take
- • Trading at 28.4× trailing earnings (17.2× forward)
- • Moderate ROE at 8.5%
- • Low leverage (D/E 0.01)
- • Attractive dividend yield of 4.80%
- • Operating margin 6.0% · Net margin 4.9%
- • Profit growth -36.60% YoY · Beta 0.39
About the company
From latest AR & concallHeidelbergCement India Limited manufactures and sells cement in India and internationally. The company offers Portland pozzolana cement under the mycem, mycem Primo, mycem Power, and mycem Power Shield brands. It also manufactures and sells clinkers; and sells scrap materials. In addition, the company provides concrete solution labs, including mobile technical lab services. The company was formerly known as Mysore Cements Limited and changed its name to HeidelbergCement India Limited in April 2009. The company was incorporated in 1958 and is based in Gurugram, India. HeidelbergCement India Limited is a subsidiary of Heidelberg Materials South Asia B.V.
