---
title: "Vaishno Cement Co Ltd (526941) — Share Price, Financials & Analysis"
symbol: "526941"
company: "Vaishno Cement Co Ltd"
canonical: "https://tapetide.com/stocks/526941"
isin: "INE116E01018"
bse_code: "526941"
sector: "Commodities"
industry: "Cement & Cement Products"
market_cap_cr: 2.38
generated_at: "2026-09-13T20:37:48.565Z"
---

# Vaishno Cement Co Ltd (526941)

Canonical page: https://tapetide.com/stocks/526941

## Company

- **BSE Code:** 526941
- **ISIN:** INE116E01018
- **Sector:** Commodities
- **Industry:** Cement & Cement Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vccl.in

## About

Incorporated in 1992, Vaishno 
Cement Company Ltd is engaged 
in the manufacture of Portland slag 
cement[1]
.

## Latest Price

- **Price:** ₹2.64
- **Change:** -0.13 (-4.69%)
- **Open:** ₹2.64
- **Day High:** ₹2.72
- **Day Low:** ₹2.64
- **Previous Close:** ₹2.77
- **Volume:** 5400
- **As Of:** 2026-09-11T11:04:11+00:00

## Key Fundamentals

Observed at 2026-09-11T04:30:11.988620Z.

- **Market Cap:** ₹2.38 Cr
- **Classification:** Microcap
- **P/E (reported):** -15.4
- **EPS (TTM):** ₹-0.17
- **Book Value:** ₹-1.63
- **Price to Book:** -1.7
- **Dividend Yield:** 0%
- **ROE:** 34.57%
- **ROCE:** -537.94%

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | 56% | 0% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.01 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.07 | 0.43 | 0.02 | 0.03 | 0.02 | 0.08 |
| Operating Profit | -0.01 | -0.03 | -0.02 | -0.01 | -0.02 | -0.02 | -0.07 | -0.43 | -0.02 | -0.03 | -0.02 | -0.08 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | -0.03 | -0.02 | -0.01 | -0.02 | -0.02 | 0.11 | -0.43 | -0.02 | -0.03 | -0.02 | -0.08 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.01 | -0.03 | -0.02 | -0.01 | -0.02 | -0.02 | 0.11 | -0.43 | -0.02 | -0.03 | -0.03 | -0.08 |
| EPS in Rs | -0.01 | -0.03 | -0.02 | -0.01 | -0.02 | -0.02 | 0.12 | -0.48 | -0.02 | -0.03 | -0.03 | -0.09 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.06 | 0.06 | 0.08 | 0.51 | 0.07 | 0.07 | 0.07 | 0.09 | 0.5 | 0.15 |
| Operating Profit | -0.06 | -0.06 | -0.08 | -0.51 | -0.07 | -0.07 | -0.07 | -0.09 | -0.5 | -0.15 |
| Other Income | 0.02 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0.18 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.04 | -0.06 | -0.08 | -0.51 | -0.07 | -0.05 | -0.07 | 0.05 | -0.5 | -0.15 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | — |
| Net Profit | -0.04 | -0.06 | -0.08 | -0.51 | -0.07 | -0.05 | -0.07 | 0.05 | -0.51 | -0.16 |
| EPS in Rs | -0.04 | -0.07 | -0.09 | -0.57 | -0.08 | -0.06 | -0.08 | 0.06 | -0.57 | -0.17 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 |
| Reserves | -9.08 | -9.11 | -9.18 | -9.25 | -9.76 | -9.83 | -9.89 | -9.96 | -9.91 | -10.41 |
| Borrowings | 0.13 | 0.13 | 0.23 | 0.33 | 0.36 | 0.43 | 0.92 | 0.92 | 1.83 | 1.55 |
| Other Liabilities | 0.01 | 0.05 | 0.04 | 0.01 | 0.47 | 0.48 | 0.47 | 0.48 | 0.51 | 0.02 |
| Total Liabilities | 0.01 | 0.02 | 0.04 | 0.04 | 0.02 | 0.03 | 0.45 | 0.39 | 1.38 | 0.11 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.3 | 0.3 | 0 |
| Other Assets | 0.01 | 0.02 | 0.04 | 0.04 | 0.02 | 0.03 | 0.15 | 0.09 | 1.08 | 0.11 |
| Total Assets | 0.01 | 0.02 | 0.04 | 0.04 | 0.02 | 0.03 | 0.45 | 0.39 | 1.38 | 0.11 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.01 | 0 | 0.02 | 0 | -0.02 | 0.01 | -0.56 | -0.02 | -0.01 | -0.51 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | -0.28 | -0.05 | 0 | 0.5 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0.92 | 0 | 0 | 0 |
| Net Cash Flow | 0.01 | 0 | 0.02 | 0 | -0.02 | 0.01 | 0.07 | -0.07 | -0.01 | -0.01 |
| Free Cash Flow | 0.01 | 0 | 0.02 | 0 | -0.02 | 0.01 | -0.56 | -0.02 | -0.01 | -0.51 |
| CFO/OP | -17 | 0 | -33 | 0 | 4 | -14 | 800 | 29 | 11 | 100 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROCE % | -150 | — | — | -533.33 | — | — | — | — | 23.08 | -104.17 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 93.36% | 93.36% | 93.35% | 93.35% | 93.35% | 93.35% | 93.35% | 93.33% | 93.3% | 87.48% | 80.76% | 77.86% |
| Others | 6.64% | 6.64% | 6.65% | 6.65% | 6.65% | 6.65% | 6.65% | 6.67% | 6.7% | 12.52% | 19.24% | 22.14% |
| No. of Shareholders | 12362 | 12432 | 12428 | 12428 | 12426 | 12427 | 12427 | 12827 | 12410 | 12435 | 12436 | 12427 |

## 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 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.7 | Sell |
| EMA (10) | 2.72 | Sell |
| SMA (20) | 2.71 | Sell |
| EMA (20) | 3.25 | Sell |
| SMA (50) | 3.53 | Sell |
| EMA (50) | 15.54 | Sell |
| SMA (100) | 56.41 | Sell |
| EMA (100) | 41.41 | Sell |
| SMA (200) | 77.33 | Sell |
| EMA (200) | 70.29 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.77 | Neutral |
| MACD (12,26,9) | -1.67 | Buy |
| Stochastic (14,3,3) | 41.4 | Neutral |
| ADX (14) | 6.82 | Neutral |
| Williams %R (14) | -82.93 | Buy |
| ATR (14) | 1.6 | High Volatility |
| ROC (12) | -4 | Sell |
| Stoch RSI (14) | 29.27 | Neutral |
| UO (7,14,28) | 34.39 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5071c6ea-d004-43d6-861b-069a77e51dbe.pdf) |
| 2026-08-20 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb221bd0-2395-4131-a38c-25d7777f49b5.pdf) |
| 2026-08-20 | [Intimation For Fixes The Date Of Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb1f5888-6481-4e90-b88e-9d5a1b342b7e.pdf) |
| 2026-08-20 | [Intimation Of 39Th Annual General Meeting Of The Company Scheduled To Be Held 15Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6af8ca1-5db8-45cc-bfaf-04ac71e26e59.pdf) |
| 2026-08-20 | [Intimation For Dispatch Of Letter To Shareholder Containing The Web Link Of Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e596f813-73d5-4d67-b395-28a529efcedc.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67f78930-d2fe-4b64-9bd2-bfe3ad73d2dc.pdf) |
| 2026-08-17 | [Board Meeting Outcome for Meeting Held On 17Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8826fc6-e79e-44eb-8ed7-efc3c087fbe2.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c912ee16-9c95-444f-b52d-548a8d12d38d.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f439812-c5ab-4dc7-8b95-2702cc71c6c8.pdf) |
| 2026-08-14 | [Announcement Under Regulation 30 Of SEBI(LODR) Regulations 2015 - Resignation Of Secretarial Auditor Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=feeca57e-2b11-424e-8368-3867d0082cb7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Results For Q1 Of FY 26-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25d0ffc6-958b-4c85-9ec2-ae8588dde19a.pdf) |
| 2026-08-13 | [Un-Audited Results For Q1 Of FY 26-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7892cd90-0767-4283-9946-78d6f5f244bc.pdf) |
| 2026-05-29 | [Results For The Q4 And Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d17a66f3-7927-419b-9330-9e51483c89d4.pdf) |
| 2026-05-29 | [Results For The Q4 And Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7d06456-a1e7-4585-a5c3-cd65eb4b379d.pdf) |
| 2026-05-29 | [Results For The Q4 And Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5e4a698-106e-49ab-8b76-9d3410b4ba0c.pdf) |
| 2026-02-14 | [Unaudited Result For Q3 Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa3bfb59-0c7e-4429-99fa-b758e2db2765.pdf) |
| 2025-11-10 | [Results For The Q2 Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec70fafb-3fd4-4152-a297-1cbad3556bac.pdf) |
| 2025-08-13 | [Results For June 2025 Quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c22579e8-de53-4443-a23a-0446cb0e2289.pdf) |
| 2025-05-28 | [Financial Results For Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=278707da-762d-41c0-a553-551cd2935674.pdf) |
| 2025-02-13 | [Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b7a5017-dd01-47a4-bc73-5f7b372b4a13.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board meeting Feb 14, 2026 to approve Q3 unaudited results; trading window closed Jan 1–Feb 16. | [Board Meeting Intimation for Approval Of Unaudited Financial Results For Q3 9 Feb - Board meeting Feb 14, 2026 to approve Q3 unaudited results; trading window closed Jan 1–Feb 16.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2be86fda-d20a-4261-8c42-e6cebf7e3e14.pdf) |
| 3 Feb - Newspaper Notice for Dispatch of Notice of EOGM. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Feb - Newspaper Notice for Dispatch of Notice of EOGM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5c2fc76-a180-48eb-a3f4-f9f1d5fc1558.pdf) |
| 26 Feb - EOGM 25 Feb 2026: MOA/AOA adoption and share capital reduction approved; 843 votes for, 3 against. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 26 Feb - EOGM 25 Feb 2026: MOA/AOA adoption and share capital reduction approved; 843 votes for, 3 against.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bddaf845-55ed-4a7b-ac2e-a0ae5771df30.pdf) |
| 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results; board meeting date TBA. | [Closure of Trading Window 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results; board meeting date TBA.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c140b1d-8323-4309-b0db-32f92d8d361d.pdf) |
| 21 Apr - Vaishno Cement confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowing nil. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - Vaishno Cement confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowing nil.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/842af4d7-63fd-436e-bb70-eff60575c463.pdf) |
| 15h - Vaishno Cement confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowing nil. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15h - Vaishno Cement confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowing nil.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/842af4d7-63fd-436e-bb70-eff60575c463.pdf) |
| 14 Feb - Q3 FY26 unaudited results to 31 Dec 2025: quarter loss Rs 2.88, 9M loss Rs 17.70; limited review. | [Unaudited Result For Q3 Ended 31St December, 2025 14 Feb - Q3 FY26 unaudited results to 31 Dec 2025: quarter loss Rs 2.88, 9M loss Rs 17.70; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa3bfb59-0c7e-4429-99fa-b758e2db2765.pdf) |
| 14 Feb - Board approved unaudited Q3 results for quarter ended 31 Dec 2025; limited review dated 14 Feb 2026. | [Board Meeting Outcome for Meeting Held On 14Th February, 2026. 14 Feb - Board approved unaudited Q3 results for quarter ended 31 Dec 2025; limited review dated 14 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b86393f8-61c6-4795-b2bf-d96d0b966fb4.pdf) |
| 13 Apr - Regulation 74(5) certificate submitted for quarter and year ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Regulation 74(5) certificate submitted for quarter and year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48109185-3b36-42e8-9742-2a9f74bd1e5b.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of EGM 25 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4dab2a7-4d9d-443f-8966-64b1d192b243.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_FIRSTLEASE_2010_2011_14092011033838.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_FIRSTLEASE_2009_2010_30082010120000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93ed835a-27f8-434b-954a-8070ebea2907.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b77740a-98aa-4002-bc12-cbd582a942af.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd3426b0-52f6-46d1-b58f-992026aeda39.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526941/77341526941.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526941/71682526941_01_10_21.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526941/66377526941.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526941/5269410318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/526941/5269410317.pdf) |

---

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 2026-09-13T20:37:48.565Z.