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Orient Cement Limited (ORIENTCEM) Fair Value & Analysis

Basic Materials · IN · Market cap ₹28.0B

OC Orient Cement Limited ORIENTCEM · NSE
Price₹131.89
Fair Value₹167.34
Upside+26.9%
Quality59/100
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Expensive Growth
Solidly profitable · 12.1% net margin
Low debt · negative free cash flow
0.37% dividend yield
Ranks above peers (9/13)
Moderate moat 52/100
Evidence: High Range ₹117.39 – ₹314.03 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated 4 days ago

Share price −4.0% over the past month.

A solid business, screening 27% undervalued on our models.

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What matters now

  • The model range is unusually wide (₹117.39 to ₹314.03). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹358.02 ₹93.31 Fair Value ₹167.34 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹93.31 – ₹358.02 · fair‑value band ₹117.39 – ₹314.03 · the ₹131.89 price screens below the ₹167.34 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Orient Cement Limited (ORIENTCEM) currently trades at ₹131.89, while our model-based Fair Value estimate is ₹167.34, implying the stock looks roughly 26.9% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Orient Cement Limited generated revenue of ₹27.9B at a net margin of 12.1%. Revenue declined 21.6% year over year. It earns a return on equity of 17.1%. Net debt stands at ₹558M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹117.39 (bear case) to ₹314.03 (bull case); at ₹131.89, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 51% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -60% fair-value upside, at 27%, ORIENTCEM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹109.37 ₹150.39 ₹537.92 76
ROIC Compounder ₹137.17 ₹172.01 ₹213.38 72
Gordon GGM ₹4.59 ₹9.55 ₹15.14 70
All 17 models by family
DCF Models
Owner Earnings ₹286.23 ₹429.22 ₹640.00 31
Earnings-Based
Graham-Dodd ₹111.76 ₹303.73 ₹398.10 54
Lynch FV ₹59.83 ₹85.47 ₹111.10 50
PEG = 1.0 ₹59.83 ₹85.47 ₹111.10 46
EPV ₹132.18 ₹154.38 ₹173.81 59
Dividend Discount
Gordon GGM ₹4.59 ₹9.55 ₹15.14 70
DDM Multi-Stage ₹4.59 ₹7.17 ₹9.92 61
Multiples
P/E Multiple ₹209.55 ₹279.41 ₹349.26 63
P/S Multiple ₹152.94 ₹203.92 ₹254.90 58
P/B Multiple ₹209.55 ₹279.41 ₹349.26 55
EV/EBIT ₹162.15 ₹216.56 ₹270.96 53
EV/EBITDA ₹199.89 ₹266.87 ₹333.85 54
EV/Revenue ₹140.39 ₹201.01 ₹261.64 43
Asset-Based
NCAV (Graham) ₹52.22 ₹69.98 ₹104.44 50
Economic Profit
Residual Income ₹109.37 ₹150.39 ₹537.92 76
ROIC Compounder ₹137.17 ₹172.01 ₹213.38 72
Growth Earnings
Growth-Adj P/E ₹169.09 ₹241.56 ₹314.03 68

Widest divergence: DCF Models (₹429.22) versus Dividend Discount (₹7.17). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹27.9B
Revenue growth (YoY) -21.6%
Net margin 12.1%
Return on equity 17.1%
Free cash flow −₹693M FY2026
P/E ratio 8.0
More key figures
Operating margin 9.8%
EPS (TTM) ₹16.45
Dividend yield 0.4%
EPS growth (YoY) +31.7%
Net debt ₹558M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 56 · Market factors (momentum, volatility) 35

Profitability 57
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Orient Cement Limited manufactures and sells cement in India. The company offers pozzolana and ordinary Portland cement under the Birla A1 Premium Cement, Birla A1 StrongCrete, Birla A1 OrientGreen, and Birla A1 Dolphin brand names. Its products are used in residential, commercial, infrastructure, industrial, and community projects.

Full company description

Orient Cement Limited manufactures and sells cement in India. The company offers pozzolana and ordinary Portland cement under the Birla A1 Premium Cement, Birla A1 StrongCrete, Birla A1 OrientGreen, and Birla A1 Dolphin brand names. Its products are used in residential, commercial, infrastructure, industrial, and community projects. The company was founded in 1979 and is based in Ahmedabad, India. Orient Cement Limited operates as a subsidiary of Ambuja Cements Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Orient Cement Limited reported revenue of ₹27.9B in FY2026 versus ₹27.2B in FY2022, a compound +0.7%/yr. Reported net income was ₹3.4B in FY2026, compounding +6.4%/yr from FY2022.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹27.9B
Latest YoY
+3.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.8%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.0%
Revenue +0.7%/yr
FY22 ₹27.2B
FY23 ₹29.4B
FY24 ₹31.9B
FY25 ₹27.1B
FY26 ₹27.9B
Net income +6.4%/yr
FY22 ₹2.6B
FY23 ₹1.2B
FY24 ₹1.7B
FY25 ₹912M
FY26 ₹3.4B
Character of growth · EPS growth decomposed (2015-2026) +4.8 % p.a.
Revenue per share +7.2 pp

of which total revenue +7.2 pp · buybacks/dilution +0.0 pp

EBIT margin −3.3 pp
Tax rate −0.2 pp
Residual (interest, one-offs) +1.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Orient Cement Limited Fair Value". https://www.fairvalue-calculator.com/stock/ORIENTCEM

Peer Group

Building Materials · 259 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside +27% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 10% · Above median
Revenue growth -22% · Bottom 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Building Materials median · lower = cheaper

P/E (TTM) 8.0× · Cheaper than 75% of peers
P/B 1.31× · Pricier than median
P/S (TTM) 1.00× · Pricier than median
EV/EBITDA 5.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 69 · sector 23
FUTURE 0 · sector 2
PAST 68 · sector 15
HEALTH 99 · sector 92
DIVIDEND 7 · sector 52

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Building Materials stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
UltraTech Cement Limited ULTRACEMCO ₹11,891 ₹4,718 -60%
China Jushi Co 600176 ¥43.31 ¥13.22 -69%
Grasim Industries Limited GRASIM ₹3,308 ₹1,245 -62%
CEMEX, S.A. CEMEXCPO 21.71 MXN 12.27 MXN -43%
Anhui Conch Cement Company 600585 ¥17.49 ¥26.14 +49%
Ambuja Cements Limited AMBUJACEM ₹421.00 ₹216.73 -49%
Shree Cement Limited SHREECEM ₹25,570 ₹8,215 -68%
TCC Group 1101B 43.15 TWD 9.76 TWD -77%
Taiwan Glass Ind. Corp 1802 57.60 TWD 13.98 TWD -76%
J.K. Cement Limited JKCEMENT ₹5,349 ₹2,184 -59%

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Frequently asked questions

Is Orient Cement Limited (ORIENTCEM) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹167.34 versus a price of ₹131.89, about +27% (undervalued).
What is the fair value of ORIENTCEM?
Our model-based fair value for Orient Cement Limited is ₹167.34 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹131.89.
What is the quality score of ORIENTCEM?
Orient Cement Limited has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Orient Cement Limited (ORIENTCEM)?
Orient Cement Limited reported trailing-twelve-month revenue of about ₹27.9B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ORIENTCEM?
The net profit margin of Orient Cement Limited is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.
Does Orient Cement Limited pay a dividend?
Orient Cement Limited currently shows a dividend yield of about 0.37% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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