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Last 70.50 INR
Change Today -0.35 / -0.49%
Volume 87.0K
HEIM On Other Exchanges
Symbol
Exchange
Natl India
As of 7:05 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

heidelbergcement india ltd (HEIM) Snapshot

Open
70.25
Previous Close
70.85
Day High
72.00
Day Low
70.20
52 Week High
10/7/14 - 104.00
52 Week Low
05/26/14 - 51.15
Market Cap
16.0B
Average Volume 10 Days
113.3K
EPS TTM
2.27
Shares Outstanding
226.6M
EX-Date
08/19/97
P/E TM
31.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for HEIDELBERGCEMENT INDIA LTD (HEIM)

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heidelbergcement india ltd (HEIM) Details

HeidelbergCement India Limited manufactures Portland cement in India. It offers Portland slag cement, Portland pozzolana cement, aggregates, and concrete. The company was formerly known as Mysore Cements Limited and changed its name to HeidelbergCement India Limited in April 2009. The company was incorporated in 1958 and is based Gurgaon, India. HeidelbergCement India Limited is a subsidiary of Cementrum I. B.V.

Founded in 1958

heidelbergcement india ltd (HEIM) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Wholetime Director and Member of Corporate So...
Total Annual Compensation: 8.2M
Senior Vice President of Mines
Total Annual Compensation: --
Head of HTC India and Senior Vice President
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

heidelbergcement india ltd (HEIM) Key Developments

Ramco Cements, JSW Cement Reportedly Bid For Lafarge's Assets

The Ramco Cements Limited (BSE:500260) and JSW Cement Limited may bid for French company Lafarge S.A. (ENXTPA:LG)'s cement units in Jharkhand and Chhattisgarh in a deal likely to be worth at least $600 million, four people familiar with the development said. CRH plc (ISE:CRG) of Ireland and HeidelbergCement India Limited (BSE:500292) are already evaluating these assets, Mint reported on April 3, 2015.

HeidelbergCement And CRH Reportedly Eyeing Lafarge And Holcim Assets

Lafarge S.A.’s (ENXTPA:LG) and Holcim Ltd.’s (SWX:HOLN) assets may be acquired. According to two people close to the matter, HeidelbergCement India Limited (BSE:500292) and CRH plc (ISE:CRG), among others, are keen to acquire assets likely to be put on the block by Lafarge and Holcim. UltraTech Cement Limited (BSE:532538) may also make a bid, but may not be able to do so because of a rider imposed by India's anti-trust regulator the Competition Commission of India (CCI). Holcim and Lafarge have been asked by CCI to sell some assets in eastern India to eliminate anti-competition concerns. O.P. Puranmalka, Managing Director of UltraTech Cement said, “We have to study the CCI order.” He added, “There are no more quality assets left in eastern India. Therefore, UltraTech is planning a mix of organic and inorganic expansion.” According to the news report, An UltraTech spokesperson declined to comment on a specific question regarding the firm's inorganic expansion plans, Heidelberg Cement declined to comment, while spokesperson for CRH said, “It's the company's longstanding policy not to comment on speculation regarding acquisitions or divestments.”

Shree Cement, JK Lakshmi, HeidelbergCement And JSW Cement Are Looking For Acquisitions

HeidelbergCement India Limited (BSE:500292), JSW Cement Limited, JK Lakshmi Cement Limited (BSE:500380) and Shree Cement Limited (BSE:500387) are looking for acquisitions. "Looking at acquisitions provides an option to grow as well as preserve the limestone reserves the company already has," said Pankaj Kulkarni, Director, JSW Cement, which is evaluating cement assets across India for a potential buyout. Prashant Bangur, Director, Shree Cement, said that acquisitions happen at a price of $130 per tonne while setting up a new cement plant costs $ 80 per tonne. "However, the discount means a wait of six to seven years before the capacity is operational," explained Bangur, "And those without enough limestone reserves for future growth are looking at buyouts." HeidelbergCement India's Chief Executive Officer and Managing Director Jamshed Naval Cooper said HeidelbergCement India would pursue organic and inorganic growth opportunities simultaneously. "On the inorganic side we continue to look at all deals that are brought to our table. We would like to pick something in central India, but not necessarily only central India," he said. A spokesperson for JK Lakshmi confirmed that JK Lakshmi is actively involved in reviewing cement assets available for sale.

 

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HEIM:IN 70.50 INR -0.35

HEIM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ACC Ltd 1,519 INR -8.35
JK Cement Ltd 600.55 INR +12.70
Lafarge SA €65.09 EUR -0.33
Ramco Cements Ltd/The 303.20 INR +4.15
Ultratech Cement Ltd 2,975 INR -89.20
View Industry Companies
 

Industry Analysis

HEIM

Industry Average

Valuation HEIM Industry Range
Price/Earnings 31.2x
Price/Sales 1.0x
Price/Book -- Not Meaningful
Price/Cash Flow 10.0x
TEV/Sales -- Not Meaningful
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