---
title: "Vishwakarma Cements Ltd (518097) — Share Price, Financials & Analysis"
symbol: "518097"
company: "Vishwakarma Cements Ltd"
canonical: "https://tapetide.com/stocks/518097"
bse_code: "518097"
generated_at: "2026-10-13T11:00:59.942Z"
---

# Vishwakarma Cements Ltd (518097)

Canonical page: https://tapetide.com/stocks/518097

## Company

- **BSE Code:** 518097
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36009 | 37440 | 37044 | 37900 | 37599 | 38506 | 41473 | 45129 | 47876 | 49463 | 52145 | 53982 |
| Expenses | 17312 | 17842 | 17530 | 18085 | 18234 | 18799 | 19627 | 20533 | 20867 | 21624 | 22584 | 23199 |
| Operating Profit | 18697 | 19598 | 19514 | 19815 | 19365 | 19708 | 21846 | 24597 | 27009 | 27839 | 29561 | 30783 |
| OPM % | 52 | 52 | 53 | 52 | 52 | 51 | 53 | 54 | 56 | 56 | 57 | 57 |
| Other Income | 886 | -2478 | -654 | 1013 | -1308 | 2010 | 475 | 9675 | 403 | 592 | 809 | 562 |
| Interest | 5163 | 5614 | 5186 | 6645 | 5203 | 5152 | 5424 | 5676 | 5502 | 5461 | 4866 | 5623 |
| Depreciation | 9406 | 9654 | 9734 | 10074 | 10075 | 10540 | 11000 | 11704 | 12326 | 12465 | 13182 | 13420 |
| Profit before tax | 5014 | 1853 | 3940 | 4108 | 2778 | 6025 | 5897 | 16892 | 9584 | 10504 | 12322 | 12301 |
| Tax % | 16 | 18 | 47 | 30 | 26 | 22 | 30 | 4 | -30 | 29 | 30 | 31 |
| Net Profit | 4226 | 1520 | 2093 | 2876 | 2068 | 4718 | 4153 | 16135 | 12476 | 7422 | 8651 | 8503 |
| EPS in Rs | 5.39 | 2.89 | 2.39 | 4.34 | 3.66 | 7.31 | 6.31 | 25.95 | 19.33 | 10.43 | 11.91 | 11.63 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 |
| --- | --- |
| Sales | 0 |
| Expenses | 0 |
| Operating Profit | 0 |
| Other Income | 0 |
| Interest | 0 |
| Depreciation | 0 |
| Profit before tax | 0 |
| Net Profit | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 |
| --- | --- |
| Equity Capital | 5.75 |
| Reserves | 0 |
| Borrowings | 0 |
| Other Liabilities | 0.07 |
| Total Liabilities | 5.82 |
| Fixed Assets | 0.17 |
| CWIP | 4.06 |
| Investments | 0 |
| Other Assets | 1.59 |
| Total Assets | 5.82 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 |
| --- | --- |
| Cash from Operating Activity | 0 |
| Cash from Investing Activity | -0.15 |
| Cash from Financing Activity | 0.15 |
| Net Cash Flow | 0 |
| Free Cash Flow | -0.15 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21 | 18 | 26 | 19 | 19 | 13 | 13 | 10 | 12 | 16 |
| Cash Conversion Cycle | 21 | 18 | 26 | 19 | 19 | 13 | 13 | 10 | 12 | 16 |
| Working Capital Days | -161 | -199 | -258 | -329 | -352 | -270 | -239 | -217 | -236 | -277 |
| ROCE % | 13 | 10 | 7 | 3 | 5 | 7 | 11 | 12 | 13 | 13 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 67.14% | 67.14% | 67.14% | 58.98% | 55.86% | 55.93% | 55.02% | 53.48% | 52.42% | 48.87% |
| FIIs | 15.22% | 18.45% | 17.61% | 20.29% | 18.57% | 19.36% | 20.97% | 24.35% | 25.41% | 28.75% |
| DIIs | 11.15% | 12.38% | 13.25% | 15.83% | 20.35% | 19.5% | 19.78% | 19.2% | 19.23% | 19.54% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0.12% | 0.12% | 0.12% | 0.12% |
| Public | 6.46% | 1.99% | 2% | 4.87% | 5.16% | 5.16% | 4.05% | 2.8% | 2.75% | 2.65% |
| Others | 0.03% | 0.04% | 0% | 0.04% | 0.06% | 0.05% | 0.05% | 0.05% | 0.07% | 0.05% |
| No. of Shareholders | 212238 | 193663 | 186238 | 230528 | 713866 | 767578 | 758715 | 694297 | 833428 | 852831 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.02% | 54.97% | 54.75% | 54.57% | 53.48% | 53.17% | 53.14% | 53.12% | 52.42% | 51.26% | 50.27% | 48.87% |
| FIIs | 20.97% | 21.48% | 21.87% | 22.69% | 24.35% | 24.62% | 25.07% | 24.27% | 25.41% | 26.72% | 27.42% | 28.75% |
| DIIs | 19.78% | 19.55% | 19.69% | 19.51% | 19.2% | 19.13% | 18.69% | 19.52% | 19.23% | 19.09% | 19.4% | 19.54% |
| Government | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Public | 4.05% | 3.82% | 3.53% | 3.07% | 2.8% | 2.89% | 2.89% | 2.91% | 2.75% | 2.74% | 2.72% | 2.65% |
| Others | 0.05% | 0.05% | 0.04% | 0.06% | 0.05% | 0.06% | 0.07% | 0.07% | 0.07% | 0.07% | 0.05% | 0.05% |
| No. of Shareholders | 758715 | 709952 | 685529 | 677690 | 694297 | 762266 | 784930 | 836095 | 833428 | 828719 | 848472 | 852831 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 108.67 | Sell |
| EMA (10) | 108.29 | Sell |
| SMA (20) | 115.33 | Sell |
| EMA (20) | 111.48 | Sell |
| SMA (50) | 113.62 | Sell |
| EMA (50) | 114.95 | Sell |
| SMA (100) | 121.9 | Sell |
| EMA (100) | 120.06 | Sell |
| SMA (200) | 129.53 | Sell |
| EMA (200) | 129.94 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.34 | Neutral |
| MACD (12,26,9) | -3.19 | Sell |
| Stochastic (14,3,3) | 11.4 | Buy |
| ADX (14) | 22.45 | Neutral |
| Williams %R (14) | -80.09 | Buy |
| ATR (14) | 4.32 | High Volatility |
| ROC (12) | -10.99 | Sell |
| Stoch RSI (14) | 22.98 | Neutral |
| UO (7,14,28) | 43.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/91ba8f94-9553-42f6-b66b-50b752ea8c30.pdf) |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7a466fe5-cddc-4ca7-9ba3-500941f8a947.pdf) |
| 2026-03-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachLive/31c69322-a486-4bff-ad37-7e1c9cabd242.pdf) |
| 2026-03-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b2ba6750-9783-40da-807d-43dc04ac4725.pdf) |
| 2026-03-01 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/467cce5a-42a0-45c7-b7cc-13c78c86bced.pdf) |
| 2026-02-28 | [Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e84f76a-4202-4e35-a33f-afbbc4ad22f3.pdf) |
| 2026-02-27 | [Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b38870e-a366-4b07-aa16-f92eac462d13.pdf) |
| 2026-02-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/482b60ea-bfed-46e0-a6ab-ed3668298935.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ce68f38b-4a34-4a92-983d-0e4c524118eb.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1ef3454e-cf16-4c22-8cd6-46cc15918b5a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2194c0b-bec7-42ba-9675-afdf7a9e7e9c.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f345c17e-4d3c-4347-ad15-54a33f8aab05.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c47b5c5b-4b08-48c3-801f-3be3d4646981.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532454/73851532454.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532454/69398532454.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532454/5324540320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532454/5324540319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532454/5324540318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532454/5324540317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532454/5324540316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1fbe1f35-07ac-4458-9799-d075511bcd53.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8f70dc5-c46b-481a-961c-ecbd39a6f45d.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7bdada9-733e-41a6-bdd9-f61d71d30335.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75c7f6b8-2b0d-4c5f-9404-f1778e5acab2.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25774a12-2089-4653-9e26-972643e5fe4c.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/455982be-71af-4a44-8de7-5b5fb0f9ffef.pdf) |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e999239b-f268-47bd-af2c-a18ff32f13a6.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06861a12-3ad9-4a7b-808a-566a9e7abb09.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55b5e9bb-e2f4-4c54-9865-f0b7f789f6ed.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0396725f-d7ed-4522-9a8c-9a73c02c49bb.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-08 | Credit rating update — CARE Ratings |
| 2025-09-22 | Credit rating update — CRISIL |
| 2025-07-24 | Credit rating update — India Ratings |
| 2025-07-17 | Credit rating update — CRISIL |
| 2025-05-14 | Credit rating update — CRISIL |
| 2024-11-14 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:59.942Z.