TickerKhojComparison · NSE · data 2026-11-02
India Cements Ltd. vs JSW Cement Limited
In plain words
Size: JSW Cement Limited is about 1.6 times the market value of India Cements Ltd..
Valuation (P/E): India Cements Ltd. 80.5 vs JSW Cement Limited 20.6.
Return on equity: India Cements Ltd. -0.7% vs JSW Cement Limited -17%.
Debt to equity: JSW Cement Limited 0.68 vs India Cements Ltd. 0.13.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDIACEM | JSWCEMENT | |
|---|---|---|
| Price | ₹318.2 | ₹116.35 |
| Market cap | ₹9,683 cr | ₹15,747 cr |
| P/E | 80.5 | 20.6 |
| P/B | 1 | 2.3 |
| ROE | -0.7% | -17.0% |
| ROCE | 0.7% | 9.7% |
| Debt / equity | 0.13 | 0.68 |
| Operating margin | 5.3% | 11.6% |
| Dividend yield | 0.00% | 0.43% |
| Sales growth, 3 years (yearly) | -7.3% | 4.2% |
| Profit growth, 3 years (yearly) | — | — |
| 1-year return | -21.0% | -14.4% |
| Revenue, last 12 months | ₹4,504 cr | ₹7,325 cr |
| Net profit, last 12 months | ₹123 cr | ₹759 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹39 cr | ₹85 cr |
| Quarter profit vs a year earlier | +340.6% | -1.2% |
| Promoter holding | 75.00% | 72.02% |
| Health check | Weak (2.6/10) | Average (4.3/10) |
Common questions
Which has a higher P/E, India Cements Ltd. or JSW Cement Limited?
India Cements Ltd. trades at the higher P/E (80.5 against 20.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
India Cements Ltd. (-0.7% against -17.0%).
Which carries more debt?
JSW Cement Limited has the higher debt-to-equity ratio (0.68 against 0.13).