Orient Cement Ltd, established in 1979, is a prominent player in India’s cement manufacturing industry, renowned for its premium quality products and environmentally sustainable practices. Headquartered in New Delhi, the company has carved a niche for itself with a robust portfolio that includes Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC), marketed under its flagship Birla.A1 brand. Its offerings, such as Birla A1 Premium Cement, Birla A1 StrongCrete, Birla A1 OrientGreen, and Birla A1 Dolphin1, cater to diverse construction needs, ensuring durability and reliability. Under the leadership of Desh Deepak Khetrapal (CEO & MD) and Prakash Chand Jain (CFO), Orient Cement has been committed to maintaining the highest standards of quality, innovation, and customer satisfaction.
The company operates state-of-the-art production facilities strategically located at Devapur in Telangana, Nashirabad in Maharashtra, and Chittapur in Karnataka, with a combined production capacity of 8.5 million tonnes per annum (MTPA). This geographic spread allows Orient Cement to serve a wide market base across states such as Maharashtra, Telangana, Andhra Pradesh, Karnataka, and more. Alongside its operational excellence, the company emphasizes sustainability, integrating eco-friendly practices and advanced technologies to minimize environmental impact. Driven by a customer-centric approach and continuous innovation, Orient Cement remains a trusted name in the construction sector, contributing to India’s infrastructure development with reliability and responsibility.
Latest News on Cement Industry
The cement industry is witnessing intensified competition with two significant developments. UltraTech Cement, a key player under the Aditya Birla Group, has acquired an 8.69% stake in Star Cement, signaling its strategic push to strengthen its market position in northeastern India and other regions where Star Cement has a strong presence. This move aligns with UltraTech’s long-term growth strategy and underscores its commitment to expanding its footprint in the sector. Simultaneously, reports indicate that Ambuja Cements, part of the Adani Group, is in advanced talks to acquire Orient Cement from the CK Birla Group. If finalized, this acquisition could substantially enhance Ambuja’s production capacity and competitive edge, potentially shifting market dynamics.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 37.90% | 37.90% | 37.90% | 37.90% | 37.90% |
| FIIs + | 6.30% | 6.71% | 8.24% | 6.96% | 6.75% |
| DIIs + | 12.89% | 13.14% | 14.65% | 16.62% | 16.78% |
| Government + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public + | 42.90% | 42.26% | 39.19% | 38.52% | 38.58% |
| No. of Shareholders | 90,238 | 86,864 | 84,940 | 90,871 | 91,853 |
The shareholding pattern of Orient Cement reveals a consistent trend in promoter ownership and notable changes among institutional and public investors over the given period. The promoters’ stake has remained steady at 37.90%, reflecting their continued confidence and stable control over the company. Foreign Institutional Investors (FIIs) exhibited a fluctuating pattern, starting at 6.30% in September 2023, peaking at 8.24% in March 2024, and slightly reducing to 6.75% by September 2024. Domestic Institutional Investors (DIIs) demonstrated significant growth, rising from 12.89% in September 2023 to 16.78% by September 2024, highlighting increased interest from local institutional investors.
The public shareholding has seen a gradual decline, decreasing from 42.90% in September 2023 to 38.58% by September 2024, indicating a shift towards institutional ownership. Interestingly, the number of shareholders fluctuated, starting at 90,238 in September 2023, dipping to 84,940 in March 2024, and then recovering to 91,853 by September 2024.
Below are the trading platforms that you can use to purchase Orient Cement shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2025 | 373.05 | 286.96 |
| February 2025 | 376.82 | 289.86 |
| March 2025 | 384.74 | 295.95 |
| April 2025 | 380.93 | 293.02 |
| May 2025 | 369.83 | 284.49 |
| June 2025 | 386.47 | 297.29 |
| July 2025 | 378.90 | 291.46 |
| August 2025 | 390.61 | 300.47 |
| September 2025 | 395.30 | 304.08 |
| October 2025 | 405.58 | 311.98 |
| November 2025 | 415.72 | 319.78 |
| December 2025 | 434.43 | 334.17 |
As we step into 2025, Orient Cement’s share prices are expected to exhibit steady growth. The maximum price in January is anticipated to reach ₹373.05, while the minimum may touch ₹286.96. Moving through the year, the projected maximum price for December is likely to peak at ₹434.43, with a minimum of ₹334.17
| When | Maximum Price | Minimum Price |
| January 2026 | 447.46 | 344.20 |
| February 2026 | 436.27 | 335.59 |
| March 2026 | 445.00 | 342.31 |
| April 2026 | 454.08 | 349.29 |
| May 2026 | 449.58 | 345.83 |
| June 2026 | 460.82 | 354.48 |
| July 2026 | 451.79 | 347.53 |
| August 2026 | 465.76 | 358.28 |
| September 2026 | 475.08 | 365.44 |
| October 2026 | 487.43 | 374.94 |
| November 2026 | 499.61 | 384.32 |
| December 2026 | 512.10 | 393.93 |
As we move into 2026, Orient Cement’s share prices are forecasted to display consistent growth. In January, the maximum price is expected to reach ₹447.46, with a minimum of ₹344.20. By December, the maximum price is likely to climb to ₹512.10, while the minimum could stand at ₹393.93. This trajectory reflects a strong and positive outlook for Orient Cement throughout the year.
| When | Maximum Price | Minimum Price |
| January 2027 | 517.22 | 397.87 |
| February 2027 | 530.49 | 408.07 |
| March 2027 | 551.18 | 423.98 |
| April 2027 | 540.37 | 415.67 |
| May 2027 | 524.63 | 403.56 |
| June 2027 | 548.24 | 421.72 |
| July 2027 | 537.49 | 413.45 |
| August 2027 | 554.11 | 426.24 |
| September 2027 | 573.51 | 441.16 |
| October 2027 | 588.42 | 452.63 |
| November 2027 | 603.13 | 463.94 |
| December 2027 | 618.21 | 475.54 |
| When | Maximum Price | Minimum Price |
| January 2028 | 630.57 | 485.05 |
| February 2028 | 646.74 | 497.49 |
| March 2028 | 671.96 | 516.89 |
| April 2028 | 658.78 | 506.76 |
| May 2028 | 639.60 | 492.00 |
| June 2028 | 668.38 | 514.14 |
| July 2028 | 655.27 | 504.06 |
| August 2028 | 675.54 | 519.65 |
| September 2028 | 699.18 | 537.83 |
| October 2028 | 717.36 | 551.82 |
| November 2028 | 735.30 | 565.61 |
| December 2028 | 753.68 | 579.75 |
| When | Maximum Price | Minimum Price |
| January 2029 | 768.75 | 591.35 |
| February 2029 | 788.46 | 606.51 |
| March 2029 | 819.21 | 630.16 |
| April 2029 | 803.15 | 617.81 |
| May 2029 | 779.76 | 599.81 |
| June 2029 | 814.85 | 626.81 |
| July 2029 | 798.87 | 614.52 |
| August 2029 | 823.58 | 633.52 |
| September 2029 | 852.40 | 655.69 |
| October 2029 | 874.56 | 672.74 |
| November 2029 | 896.43 | 689.56 |
| December 2029 | 918.84 | 706.80 |
| When | Maximum Price | Minimum Price |
| January 2030 | 937.22 | 720.94 |
| February 2030 | 961.25 | 739.42 |
| March 2030 | 998.74 | 768.26 |
| April 2030 | 979.15 | 753.19 |
| May 2030 | 950.63 | 731.26 |
| June 2030 | 993.41 | 764.16 |
| July 2030 | 973.93 | 749.18 |
| August 2030 | 1,004.06 | 772.35 |
| September 2030 | 1,039.20 | 799.38 |
| October 2030 | 1,066.22 | 820.17 |
| November 2030 | 1,092.87 | 840.67 |
| December 2030 | 1,120.19 | 861.69 |
In 2030, Orient Cement’s share prices are projected to demonstrate significant growth throughout the year. In January, the maximum price is expected to reach ₹937.22, with a minimum of ₹720.94. As the year progresses, by December, the maximum price is anticipated to rise to ₹1,120.19, while the minimum could stand at ₹861.69.
Financial Condition of Orient Cement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,422 | 2,324 | 2,725 | 2,938 | 3,185 | 2,880 |
| Expenses + | 2,039 | 1,773 | 2,134 | 2,573 | 2,736 | 2,476 |
| Operating Profit | 383 | 551 | 591 | 365 | 449 | 404 |
| OPM % | 16% | 24% | 22% | 12% | 14% | 14% |
| Other Income + | 18 | 18 | 10 | 12 | 15 | 19 |
| Interest | 122 | 94 | 51 | 38 | 34 | 27 |
| Depreciation | 141 | 142 | 145 | 147 | 149 | 153 |
| Profit before tax | 137 | 334 | 404 | 192 | 281 | 243 |
| Tax % | 37% | 36% | 35% | 36% | 38% | |
| Net Profit + | 87 | 214 | 263 | 123 | 175 | 152 |
| EPS in Rs | 4.23 | 10.45 | 12.85 | 6 | 8.53 | 7.43 |
| Dividend Payout % | 18% | 19% | 19% | 25% | 26% |
Orient Cement has demonstrated a dynamic financial performance over the years, with notable growth and fluctuations across key metrics. The company’s sales revenue has steadily increased from ₹2,422 crore in March 2020 to ₹3,185 crore in March 2024, reflecting a consistent demand for its products. However, expenses have also risen, growing from ₹2,039 crore in March 2020 to ₹2,736 crore in March 2024, which has impacted profitability. Operating profit peaked at ₹591 crore in March 2022, but subsequently declined to ₹449 crore in March 2024, with the Operating Profit Margin (OPM%) compressing from a high of 24% in March 2021 to 14% in the trailing twelve months (TTM).
Other income has remained stable, contributing modestly to the company’s earnings. Interest expenses have reduced significantly, dropping from ₹122 crore in March 2020 to ₹27 crore in TTM, showcasing improved financial efficiency. Depreciation costs have shown a marginal increase over the years. Profit before tax reached its highest at ₹404 crore in March 2022 but moderated to ₹281 crore in March 2024. The net profit followed a similar trend, with ₹263 crore in March 2022 reducing to ₹175 crore in March 2024. Earnings per share (EPS) stood at ₹8.53 in March 2024, compared to ₹12.85 in March 2022, while the dividend payout ratio increased from 18% in March 2020 to 26% in March 2024, indicating a shareholder-friendly approach. These financial trends reflect Orient Cement’s resilience amidst market challenges and its focus on maintaining growth and operational efficiency.
FAQs
What is Orient Cement’s current market capitalization?
Orient Cement currently boasts a market capitalization of ₹7,048 crore
Orient Cement’s share price soared to an impressive peak of ₹618.21 in December 2027, signaling strong investor confidence and market optimism.
Looking ahead, Orient Cement’s share price is anticipated to reach impressive heights, ranging from ₹720.94 to ₹1,120.19 by December 2030, highlighting the company’s promising long-term growth prospects.
What is Orient Cement’s current Price/Earnings (P/E) ratio?
Orient Cement maintains a healthy Price/Earnings (P/E) ratio of 46.3, reflecting the market’s confidence in the company’s earnings potential.
Also Read
- Star Health & Allied Insurance Company Share Price Target 2025, 2026 to 2030
- J B Chemicals & Pharmaceuticals Share Price Target 2025, 2026 to 2030
- Greaves Cotton Share Price Target 2025, 2026 to 2030
Conclusion
In conclusion, Orient Cement Ltd has shown steady growth in both financial performance and market presence. The company’s strong product portfolio, commitment to quality, and sustainable practices have cemented its position in India’s cement industry. Despite fluctuations in its financial metrics, such as operating profit and net profit, Orient Cement has maintained a positive outlook, with increasing sales and efficient cost management. The shareholding pattern reflects a gradual shift towards institutional ownership, indicating investor confidence. Looking ahead, the share price is projected to experience significant growth through 2025 to 2030, with consistent upward trends anticipated in its maximum and minimum prices. With a market capitalization of ₹7,048 crore, Orient Cement is poised for continued expansion, making it a potentially strong investment choice in the cement sector.
What did we learn?
