India Cement is one of the leading cement manufacturers and suppliers in the domestic market, the company is the 9th biggest cement company by revenue, and many investors are keenly watching India Cement share values. Let’s see an in-depth analysis of India Cements Share Price Target and its future share value prediction.
Evaluating the company’s business fundamentals and financial aspects will give us more insight into its future share growth. Also, we can discuss whether investing in Indian Cement shares will be worth it. Let’s see India’s Cement Share Price Target for 2023, 2024, 2025, 2026, and 2030.
India Cement Share Price Target 2023, 2024, 2025, 2026, and 2030
India Cements Ltd is a small-cap company that deals with the manufacturing and marketing of Cement products and ready-mix concrete. India Cements is the 9th largest company in the Indian cement sector by revenue. Also, the company exports its products to various countries across the globe.
India Cements’ share rose up to 34% in the last year, as well as the company has various products like cement, concrete mix, power generation, and Trade Goods.
India Cements TradingView Chart
India Cement Share Price Target 2023
India Cements is one of the leading cement manufacturing and distributing companies founded in 1946 and headquartered in Chennai. The company has a total market valuation of Rs.6,534.38 Cr.
The company is primarily engaged with cement and its related products, and its current share price was Rs.211.05 and you can check the updated value by clicking the link.
In recent times India Cements was performed well and its share value was hiked up to 13% in the last 3 months. Also, its annual revenue growth increased up to 15% from year to year.
India Cements Share Price Target 2023: India Cements has a strong network and distribution team that helps to manage to increase its sales by every year. If the company keeps performing like this you can expect the share price target by 2023 Rs. 230-250.
| India Cement Share First Target Price | Rs.230 |
| India Cement Share Second Target Price | Rs.250 |
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India Cement Share Price Target 2024
India Cements Company was incorporated in 1946 and is headquartered in Chennai, Tamil Nadu. The company was listed on the Bombay Stock Exchange BSE-530005 and the National Stock Exchange NSE- INDIACEM.
India Cements has a wide range of cement and allied products, as well as involves power generation from thermal and wind energy.
India Cements stocks is a fair valuation as per its peer average of 1.3% which is higher than its P/E ratio of 1.2%.
India Cements Share Price Target 2024: As the domestic and international market demands keep raising, the company can take advantage of the upcoming market demands. So you can expect the share price target of India cement by 2024 is expected between Rs. 320 -360.
| India Cement Share First Target Price | Rs.320 |
| India Cement Share Second Target Price | Rs.360 |
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India Cement Share Price Target 2025
India Cements has a wide range of products in cement and ready mix concrete, and the company exports its products into various global markets depending upon demand.
As per the government record, the Indian Infrastructure growth is expected up to 8.6 CAGR annually. Also, the Union Government allotted 10 lakhs Crore for various infrastructural projects.
| India Cement Share First Target Price | Rs.400 |
| India Cement Share Second Target Price | Rs.420 |
India Cement Share Price Target 2026
India Cements has strong brand recognition in the domestic and international markets and the company investing so many new projects to expand its production capacity as well as expansion of new global markets.
As per the technical analysis, India’s cement earnings growth forecast is expecting up to 128% per year. And the company has reduced its debt value by 60.5% to 51% in the last five years.
| India Cement Share First Target Price | Rs.490 |
| India Cement Share Second Target Price | Rs.510 |
India Cement Share Price Target 2030
The Indian Cement market size is reached 3,644.2 Million Tonnes by 2022, and its expected growth CAGR is 4.4% and attain 4,832.6 million Tonnes by 2028. Due to the strong market growth in domestic and international markets, India cements able to deliver great results in the upcoming days.
As per the report from Simply Wall St Journal India Cements will be a good profitable stock for the next three years. As a pioneer company in the Indian Cement Industry, the company can become a multi-bagger in the future.
| India Cement Share First Target Price | Rs.700 |
| India Cement Share Second Target Price | Rs.750 |
India Cement Business Overview
India Cements is a private-sector company that works with the construction sector and is headquartered in Chennai, Tamil Nadu. The company has various product portfolios with a wide range of domestic market presence.
The company has an operating revenue of Rs.5,436.3 Cr with an average revenue growth of 16% which is outstanding.
India Cement Financial Fundamentals
| Market Cap | Rs.6,639.6 Cr |
| P/E ratio | -51.4 |
| Sector P/E | 1.2% |
| Debt-To-Equity ratio | 31% |
| Earnings Per Share( EPS) | -2% |
| Dividend Yield | 0.5 |
India Cement Share Price Target 2023, 2024, 2025, 2026, and 2030
| Years | First Target | Second Target |
|---|---|---|
| [2023] | Rs. 230 | Rs. 250 |
| [2024] | Rs. 320 | Rs. 350 |
| [2025] | Rs. 400 | Rs. 420 |
| [2026] | Rs. 490 | Rs. 510 |
| [2030] | Rs. 700 | Rs. 750 |
Conclusion
India Cements is one of the leading companies in the Indian Cement sector. The company has strong brand recognition as well as balanced financial aspects that helps to deliver great results in the upcoming days.
As per the current market conditions, India cement could make profitable for long-term investment.
Disclaimer: This article is only for educational purposes, the target values mentioned here are only for reference purposes. The actual target values may differ as per the current market conditions. Before investing make sure to analyze the current market conditions and seek advice from your financial advisor.
India Cement Share Price Target FAQ
What is the share price target of India Cements by 2025?
The target price of India Cements by 2025 is expected between Rs.400
What is the share price target of India Cements by 2030?
As per the technical analysis, the company’s share price target by 2030 is Rs.700- Rs.750
Is India Cement debt-free?
No, the company has a debt-to-equity ratio of 50.4% (As per the report from Simply Wall St)
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