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29 Sep 2025 |
Heidelberg Cement
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Consensus Share Price Target
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200.21 |
203.73 |
- |
1.76 |
hold
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01 Jun 2021
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Heidelberg Cement
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Chola Wealth Direct
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200.21
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292.00
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252.35
(-20.66%)
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Buy
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Background: Heidelberg Cements (HCIL), erstwhile Mysore Cements set up by Birla group in 1958 is now a subsidiary of Heidelberg AG, the world's third largest cement manufacturer. The company manufactures portland cement brand through its three plants located at Ammasandra, Karnataka (0.6 MTPA), Damoh, Madhya Pradesh (2.1 MTPA) and Jhansi, Uttar Pradesh (2.7 MTPA). The company also caters to Bangalore, Mumbai and Pune apart from MP and UP. The company has a...
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01 Jun 2021
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Heidelberg Cement
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Axis Direct
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200.21
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280.00
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253.95
(-21.16%)
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Buy
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The stock is currently trading at 9.3x FY22E and 7.2x FY23E EV/EBITDA. We retain our BUY recommendation with a target price of Rs 280/share, valuing the Company at 8x of its FY23E EV/EBITDA.
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20 Feb 2021
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Heidelberg Cement
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Way2Wealth
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200.21
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273.00
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223.70
(-10.50%)
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Target met |
Buy
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Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...
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16 Feb 2021
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Heidelberg Cement
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Chola Wealth Direct
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200.21
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257.00
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232.30
(-13.81%)
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Target met |
Buy
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Background: Heidelberg Cements (HCIL), erstwhile Mysore Cements set up by Birla group in 1958 is now a subsidiary of Heidelberg AG, the world's third largest cement manufacturer. The company manufactures portland cement brand through its three plants located at Ammasandra, Karnataka (0.6 MTPA), Damoh, Madhya Pradesh (2.1 MTPA) and Jhansi, Uttar Pradesh (2.7 MTPA). The company also caters to Bangalore, Mumbai and Pune apart from MP and UP. The company has a...
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12 Feb 2021
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Heidelberg Cement
|
Axis Direct
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200.21
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255.00
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230.15
(-13.01%)
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Target met |
Buy
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We roll over our estimate to FY23 valuing the Company at 7.5x of FY23E EV/EBITDA to arrive at a target price of Rs.255, an upside of 12% from the current level.
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17 Nov 2020
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Heidelberg Cement
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Axis Direct
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200.21
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214.00
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205.95
(-2.79%)
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Target met |
Buy
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We recommend a BUY onHeidelberg Cement India Ltd with a Target Price of Rs.214, and upside of 10% from CMP of Rs. 195 and Stop Loss of Rs.185.
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28 Oct 2020
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Heidelberg Cement
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Axis Direct
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200.21
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230.00
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185.10
(8.16%)
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Target met |
Buy
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We value HCIL at 7.5x FY22E EV/EBITDA to arrive at TP of Rs.230 as we see strong re-rating potential on the back of healthy growth.
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27 Oct 2020
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Heidelberg Cement
|
Chola Wealth Direct
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200.21
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201.00
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185.10
(8.16%)
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Target met |
Buy
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Background: Heidelberg Cements (HCIL), erstwhile Mysore Cements set up by Birla group in 1958 is now a subsidiary of Heidelberg AG, the world's third largest cement manufacturer. The company manufactures portland cement brand through its three plants located at Ammasandra, Karnataka (0.6 MTPA), Damoh, Madhya Pradesh (2.1 MTPA) and Jhansi, Uttar Pradesh (2.7 MTPA). The company also caters to Bangalore, Mumbai and Pune apart from MP and UP. The company has a...
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26 Oct 2020
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Heidelberg Cement
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Prabhudas Lilladhar
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200.21
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195.00
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185.10
(8.16%)
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Target met |
Hold
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due to lower than expected volumes and higher fixed costs. Despite higher capacity (due to debottlenecking) and recovery in central region's demand, HIEM's volumes fell 2.3% YoY against our muted expectation of 3% YoY...
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27 Jul 2020
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Heidelberg Cement
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Chola Wealth Direct
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200.21
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172.80
(15.86%)
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Buy
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Background: Heidelberg Cements (HCIL), erstwhile Mysore Cements set up by Birla group in 1958 is now a subsidiary of Heidelberg AG, the world's third largest cement manufacturer. The company manufactures portland cement brand through its three plants located at Ammasandra, Karnataka (0.6 MTPA), Damoh, Madhya Pradesh (2.1 MTPA) and Jhansi, Uttar Pradesh (2.7 MTPA). The company also caters to Bangalore, Mumbai and Pune apart from MP and UP. The company has a...
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