Price
Financials
Standalone, Rs crore| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 4.08 | 0.32 | 0.26 | 0.26 | 1.27 | 0.33 | 0.27 | 0.23 | 0.59 | 0.23 | 0.25 | 0.22 |
| Operating Profit | -4.08 | -0.32 | -0.26 | -0.26 | -1.27 | -0.33 | -0.27 | -0.23 | -0.59 | -0.23 | -0.25 | -0.22 |
| OPM % | ||||||||||||
| Other Income | 0.02 | 0.00 | 0.00 | 0.00 | 0.04 | 0.01 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 7.14 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 |
| Profit before tax | -11.20 | -7.44 | -7.38 | -7.38 | -8.35 | -7.44 | -7.39 | -7.35 | -7.65 | -7.35 | -7.37 | -7.34 |
| Tax % | 7.05% | 0.00% | 21.68% | 0.00% | 19.16% | 0.00% | 20.84% | 0.00% | -16.34% | 0.00% | 1.90% | 0.00% |
| Net Profit | -12.00 | -7.43 | -8.98 | -7.38 | -9.94 | -7.43 | -8.93 | -7.35 | -6.39 | -7.35 | -7.51 | -7.34 |
| EPS in Rs | -3.68 | -2.28 | -2.75 | -2.26 | -3.05 | -2.28 | -2.74 | -2.25 | -1.96 | -2.25 | -2.30 | -2.25 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 24 | 5 | 8 | 19 | 5 | 11 | 3 | 4 | 15 | 2 | 1 | 1 |
| Operating Profit | -24 | -6 | -8 | -19 | -5 | -11 | -3 | -4 | -15 | -2 | -1 | -1 |
| OPM % | ||||||||||||
| Other Income | 7 | 6 | -1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 12 | 14 | 14 | 0 | 21 | 28 | 28 | 28 | 29 | 28 |
| Profit before tax | -19 | -1 | -23 | -34 | -19 | -11 | -24 | -32 | -44 | -31 | -30 | -30 |
| Tax % | 10% | 0% | 0% | 0% | 0% | 0% | 0% | 16% | 7% | 10% | 1% | |
| Net Profit | -21 | -1 | -23 | -34 | -19 | -11 | -24 | -37 | -47 | -34 | -30 | -29 |
| EPS in Rs | -7.35 | -0.53 | -8.05 | -12.00 | -6.83 | -3.80 | -7.38 | -11.33 | -14.42 | -10.35 | -9.23 | -8.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | % | ||
| Compounded Profit Growth | -6% | % | 6% | 15% | ||
| Stock Price CAGR | % | % | -16% | % | ||
| Return on Equity | % | -35% | -59% | -108% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 0.00 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 32 | 30 | -53 | -95 | -121 | 175 | 128 | 91 | 44 | 10 | -20 | -35 |
| Borrowings | 233 | 235 | 235 | 235 | 235 | 179 | 174 | 171 | 199 | 199 | 200 | 200 |
| Other Liabilities | 180 | 179 | 197 | 206 | 212 | 3 | 2 | 15 | 18 | 23 | 23 | 24 |
| Total Liabilities | 473 | 472 | 407 | 375 | 354 | 357 | 337 | 309 | 294 | 265 | 237 | 222 |
| Fixed Assets | 445 | 445 | 380 | 358 | 337 | 337 | 316 | 288 | 260 | 232 | 203 | 189 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 8 | 8 | 8 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 28 | 27 | 27 | 16 | 17 | 20 | 21 | 19 | 26 | 25 | 25 | 25 |
| Total Assets | 473 | 472 | 407 | 375 | 354 | 357 | 337 | 309 | 294 | 265 | 237 | 222 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 123 | 0 | 5 | 0 | -6 | -4 | -9 | -9 | -10 | 1 | -0 | -0 |
| Cash from Investing Activity | -2 | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Cash from Financing Activity | -122 | -1 | -5 | -1 | 6 | 4 | 20 | 9 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -1 | -1 | 0 | -0 | -0 | 0 | 11 | -0 | -10 | -0 | -0 | 0 |
| Free Cash Flow | 121 | 0 | 5 | 1 | -6 | -4 | -9 | -9 | -10 | -0 | -0 | -0 |
| CFO/OP | -795% | -2% | -84% | -1% | 32% | 85% | 82% | 350% | 277% | -3% | 6% | 5% |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | -11,902 | -16,103 | |||||||||
| Inventory Days | 54 | -6,856 | -9,232 | |||||||||
| Days Payable | 605 | |||||||||||
| Cash Conversion Cycle | -508 | -18,758 | -25,335 | |||||||||
| Working Capital Days | -454 | -280,891 | -393,191 | |||||||||
| ROCE % | -6% | -6% | 0% | -8% | -17% | -12% | -4% | -7% | -10% | -15% | -12% | -13% |
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.04% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% | 46.52% |
| FIIs | 2.76% | 2.76% | 2.76% | 2.76% | 2.76% | 2.76% | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 39.20% | 50.72% | 50.72% | 50.72% | 50.54% | 50.72% | 50.41% | 50.42% | 50.41% | 50.41% | 50.41% | 50.41% |
| No. of Shareholders | 2,839 | 4,218 | 4,928 | 5,293 | 5,388 | 5,342 | 5,240 | 5,218 | 5,215 | 5,193 | 5,196 | 5,197 |
Fundamentals
Market Cap₹ 52.7 Cr.
Current Price₹ 16.2
Book Value₹ -0.60
ROCE-13.1 %
ROE-108 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
P/B, 3-year average3.08x
P/B, 5-year average2.01x
Profitability
ROE-107.73%
ROCE-13.11%
ROA-12.00%
ROE, 3-year average-70.35%
ROCE, 3-year average-13.43%
ROA, 3-year average-13.22%
ROE, 5-year average-50.28%
ROCE, 5-year average-11.41%
ROA, 5-year average-11.61%
ROIC (approx.)-14.10%
Tax rate-0.74%
Other income / net worth0.54%
Per share
EPS (TTM)Rs -8.77
EPS (latest year)Rs -9.23
EPS (latest quarter)Rs -2.25
EPS, 3-year averageRs -11.33
EPS, 5-year averageRs -10.54
Book value per shareRs 3.95
Cash flow per shareRs -0.02
Free cash flow per shareRs -0.00
Efficiency
Creditor days605 days
Cash conversion cycle-25335 days
Working capital days-393191 days
Leverage
Total debtRs 200 Cr
Cash and bankRs 1 Cr
Net debtRs 199 Cr
Debt to equity15.55x
Owners' fund to total sources5.45%
Debt to assets84.68%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -30 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -29 Cr
Net profit (latest year)Rs -30 Cr
Net profit (latest quarter)Rs -7 Cr
Depreciation (TTM)Rs 28 Cr
Depreciation (latest quarter)Rs 7 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 33 Cr
ReservesRs -20 Cr
Shareholders' fundsRs 13 Cr
Total assetsRs 237 Cr
Net blockRs 203 Cr
Capital work in progressRs 8 Cr
Other liabilitiesRs 23 Cr
Shares outstanding (crore)3.26
Ownership
Promoter holding46.52% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.23 is at the 31th percentile (median 1.70).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Not enough price history.
Red flags
F-score 3 of 6| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2025Sales ₹0 Cr.
Net loss ₹7 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| UltraTech Cement Ltd | 319,108 | 37.0 | 12.7 % |
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| Shree Cement Ltd | 79,017 | 48.5 | 10.3 % |
| J K Cements Ltd | 37,278 | 38.2 | 15.1 % |
| Dalmia Bharat Ltd | 30,712 | 28.0 | 7.59 % |
| ACC Ltd | 22,583 | 11.9 | 11.2 % |
| The Ramco Cements Ltd | 19,949 | 105 | 6.13 % |
| JSW Cement Ltd | 15,349 | 19.5 | 11.1 % |
| Nuvoco Vistas Corporation Ltd | 11,793 | 28.4 | 6.99 % |
| India Cements Ltd | 9,412 | 69.7 | 1.24 % |
| Star Cement Ltd | 7,198 | 19.0 | 16.6 % |
| Birla Corporation Ltd | 6,545 | 11.7 | 9.78 % |
| JK Lakshmi Cement Ltd | 6,085 | 15.8 | 12.0 % |
| Prism Johnson Ltd | 5,500 | 46.9 | 5.92 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Bheema Cements Ltd?
Bheema Cements Ltd (518017) has a market capitalisation of Rs 52.7 Cr. at the close.
What were Bheema Cements Ltd's latest quarterly results?
In the Dec 2025 quarter, Bheema Cements Ltd sales was Rs 0 Cr with a net loss of Rs 7 Cr.