Deccan Cements (DECCANCE) had a P/E of 114.1× on 6 Nov 2026, above the industry P/E of 27.3×, and the shares are 55% below their 52-week high. Its ROCE of 4.4% is the second-lowest among the 7 largest Building Materials peers, and sales and net profit fell 6.6% and 17% a year over 3 years. Its dividend yield is 0.1%, and debt is 1.00× equity. It is a small-cap company with a market cap of ₹671 Cr, ranked 27th of 58 Building Materials companies by market cap; the shares fell 54% over the past year.
- ₹479.00
- ₹487.40
- ₹471.80
- ₹477.30
- 4.1K
Health check
- ReturnsBehind
−53.8% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 114.1 vs industry 27.3.
- GrowthShrinking
Sales −6.6%, profit −16.6% a year over 3 years.
- ProfitabilityWeak
ROCE 4.4% vs peer median 10.2%.
- Balance sheetFair
Debt 1.00× equity, interest covered 2.3×, Piotroski 7 of 9.
- Red flags4 to check
Return on equity is low at 3.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹671 Cr
- Small cap
- P/E
- 114.1
- Industry 27.3
- Price to book
- 0.89
- Peers 2.12
- Dividend yield
- 0.10%
- ROE
- 3.9%
- Peers 4.9%
- ROCE
- 4.4%
- Peers 10.2%
- Debt to equity
- 1.00
- Debt ₹753 Cr
- EPS (TTM)
- ₹4.20
- Face value ₹5
- OPM (TTM)
- 9.3%
- Net margin 0.8%
- Sales growth
- +45.7%
- Latest quarter vs a year ago
- Profit growth
- −148.1%
- Latest quarter vs a year ago
- Price to sales
- 0.95
- EV/EBITDA 22.7
Strengths and risks
Strengths
- Quarterly sales up 45.7% on a year ago.
Risks to check
- Return on equity is low at 3.9%.
- Quarterly profit down 148.1% on a year ago.
- P/E of 114.1 against an industry P/E of 27.3.
- 55% below its 52-week high.
About Deccan Cements
Deccan Cements Limited engages in the manufacture and sale of cement in India. The company offers ordinary Portland cement (OPC), portland pozzolana, and sulphate resistance portland cement products, as well as other specialty cement products, such as rapid hardening, sulphate-resistant, high alumina, oil well cement, and 53-S grade OPC for railway applications. It also engages in the production and sale of power from thermal, hydel, and wind sources; and…
- Headquarters
- Hyderabad
- Employees
- 345
- Sector
- Basic Materials
- ISIN
- INE583C01021
- Website
- deccancements.com
Price range
- Avg volume (3M)
- 24.5K
- 1-year return
- minus 53.8%
- From 52-week high
- minus 54.6%
Peers · Building Materials
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCOUltraTech Cement | 12,450.00 | plus 1.63% | 3,66,110 | 41.6 | 22.8 | 11.8% | 19.1% | 0.38 | 11.9% | plus 3.6% |
| GRASIMGrasim Industries | 3,227.00 | minus 0.02% | 2,18,884 | 38.5 | 16.8 | 4.0% | 15.0% | 1.35 | 14.3% | plus 12.0% |
| AMBUJACEMAmbuja Cements | 390.60 | plus 0.67% | 97,057 | 34.7 | 14.6 | 4.6% | 14.3% | 0.01 | – | minus 31.6% |
| SHREECEMShree Cement | 25,100.00 | plus 0.82% | 90,563 | 57.2 | 18.0 | 10.2% | 20.1% | 0.09 | 5.7% | minus 9.8% |
| JKCEMENTJ.K. Cement | 5,239.80 | minus 0.20% | 40,487 | 42.3 | 19.2 | 13.3% | 15.8% | 1.01 | 12.1% | minus 9.1% |
| DALBHARATDalmia Bharat | 1,470.30 | plus 0.27% | 27,602 | 56.3 | 9.6 | 7.0% | 16.5% | 0.57 | 3.0% | minus 28.5% |
| ACCACC | 1,236.20 | plus 0.77% | 23,214 | 26.4 | 7.9 | 10.4% | 8.7% | 0.02 | – | minus 33.1% |
| DECCANCEDeccan Cements | 479.20 | plus 0.40% | 671 | 114.1 | 17.3 | 4.4% | 9.3% | 1.00 | −6.6% | minus 53.8% |
| Median of 7 peers | – | 0.67% | 90,563 | 41.6 | 16.8 | 10.2% | 15.8% | 0.38 | 11.9% | −9.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 151 | 140 | 131 | 214 | 219 | |
| 123 | 120 | 119 | 197 | 202 | |
| 27.9 | 20.2 | 11.4 | 17.2 | 16.8 | |
| 18.5% | 14.4% | 8.7% | 8.0% | 7.7% | |
| 2.7 | 2.3 | 1.6 | 1 | 7.1 | |
| 3.5 | 3.3 | 5.5 | 15 | 15.7 | |
| 6.7 | 6.7 | 8.2 | 14 | 15.5 | |
| – | – | – | 12.8 | −2.3 | |
| 20.5 | 12.5 | −0.7 | 2 | −9.5 | |
| 25.0% | 27.2% | 19.7% | −135.3% | 22.2% | |
| 15.3 | 9.1 | −0.6 | 4.7 | −7.4 | |
| 10.96 | 6.47 | -0.40 | 3.37 | -5.24 |
Profit & loss
- Sales CAGR 3Y
- −6.6%
- Profit CAGR 3Y
- −16.6%
- EPS CAGR 3Y
- −16.6%
- ROE
- 3.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 780 | 798 | 527 | 636 | |
| – | +2.3% | minus 34.0% | +20.6% | |
| 683 | 703 | 492 | 559 | |
| 97.5 | 95.7 | 35.5 | 77 | |
| 12.5% | 12.0% | 6.7% | 12.1% | |
| 8.2 | 14.4 | 11.9 | 5.9 | |
| 11.5 | 10.9 | 11.7 | 25.5 | |
| 27.4 | 27.6 | 28.1 | 35.6 | |
| −0.2 | −18 | 3.1 | 12.5 | |
| 66.6 | 53.5 | 10.7 | 34.2 | |
| 26.0% | 30.3% | 30.0% | 16.5% | |
| 49.3 | 37.3 | 7.5 | 28.6 | |
| – | minus 24.4% | minus 79.8% | +280.1% | |
| 35.19 | 26.60 | 5.37 | 20.40 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7 | 7 | 7 | 7 | |
| 680 | 712 | 715 | 744 | |
| 262 | 520 | 714 | 753 | |
| 206 | 207 | 189 | 208 | |
| 1,155 | 1,446 | 1,625 | 1,711 | |
| 736 | 1,000 | 1,237 | 1,355 | |
| 298 | 578 | 834 | 3.8 | |
| 0.1 | 0.2 | 0.2 | 0.1 | |
| 212 | 230 | 143 | 89.8 | |
| −91.1 | −362 | −589 | 262 | |
| 1,155 | 1,446 | 1,625 | 1,711 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 55 | 56.7 | −37.6 | 75.6 | |
| −219 | −277 | −227 | −137 | |
| 79.7 | 238 | 178 | 8.6 | |
| −84.6 | 17.8 | −87.2 | −52.8 | |
| −235 | −286 | −278 | −200 | |
| −180 | −230 | −316 | −124 | |
| −7 | −5.3 | −4.2 | −0.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 7.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.