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Shree Cement Ltd

₹ 27,8300.95%
16 Jan 3:18 p.m. – close price
🔗shreecement.com•BSE: 500387•NSE: SHREECEM
Market Cap₹ 1,00,413 Cr.
Current Price₹ 27,830
High / Low₹ 32,508
Stock P/E59.7
Book Value₹ 6,078
Dividend Yield0.40 %
ROCE7.17 %
ROE5.69 %
Face Value₹ 10.0
Sales₹ 18,727 Cr.
OPM23.5 %
Mar Cap₹ 1,00,413 Cr.

ABOUT

Shree Cement is engaged in manufacturing and selling of cement and cement related products and is ** one of the lowest cost producersin the country. It is the3rd largest** cement producer in India with an installed capacity of 46.4 MTPA.[1]

KEY POINTS

Product PortfolioThe company is India’s3rd-largest cement company, offering a range of cement products, such as Portland Pozzolana Cement, Ordinary Portland Cement, and Portland Slag Cement, under the brand namesBangur Rockstrong, Bangur Powermax, Bangur Jungrodhak, etc. It also offers Green Pro Ecolabel-certified Shree Heat Shield AAC blocks.[1][2]It has been focussing on premiumization of its product portfolio withBangur Magnabeing its key premium cement brand. It has increased its premium product mix from 7% of the trade mix in FY22 to 15% as of Q2 FY25.[3][4]

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsCapacity Expansion And ProductsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.UltraTech Cem.12384.0049.75364930.710.631237.9875.2319606.9320.3310.8981724.5318.357334.751231.585.095.190.35
2.Grasim Inds2811.0044.14191294.660.361498.0468.2439899.5816.597.50159663.2620.074327.58553.481.921.692.06
3.Ambuja Cements553.7523.70136877.300.362302.28233.649174.4921.4810.5038772.6718.835746.211935.752.507.020.02
4.Shree Cement27830.0059.73100412.750.40277.14197.584303.2015.467.1718726.8223.541681.04277.144.574.290.09
5.J K Cements5892.2544.0445528.400.26159.25275.563019.2017.9313.9912883.1918.561034.93160.537.005.111.00
6.Dalmia BharatLtd2165.9036.4840624.890.41239.00413.043417.0010.695.5814325.0020.131112.86236.002.302.480.40
7.ACC1762.3010.2233093.750.431119.26401.445931.6727.9917.4424060.8314.843230.721119.231.669.460.02
–Median: 34 Co.201.5530.163072.760.219.92119.45601.6916.546.112503.9711.9865.6922.522.31.460.62

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
3,7814,0694,7854,9714,5604,8735,0734,8353,7274,2355,2404,9484,303
Expenses
3,2583,3613,8934,0383,6903,6393,7453,9183,1343,2893,8593,7193,452
Operating Profit
5237088929338701,2341,3279165939471,3811,229851
Other Income
157161135162126135138135178115150201157
Profit before tax
24938451371059796677235145259743833403
Tax %
24%28%-6%18%18%24%14%9%-108%11%25%26%31%
Net Profit
19027754658149173466231893229556619277
EPS in Rs
52.5576.71151.39161.06136.18203.50183.4188.0625.8163.58154.09171.4276.81

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Jun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
5,7156,2595,5148,5949,82611,72211,90412,66914,30616,83719,47718,03718,727
Expenses
4,3254,9164,1076,0817,3549,0668,2188,67710,65613,89515,11314,20114,319
Operating Profit
1,3901,3441,4072,5132,4732,6563,6863,9923,6502,9424,3643,8374,408
Other Income
10410267336238964260421535432561577623
Interest
12912176129135247287247218269264209190
Depreciation
5509258281,2158991,3921,6991,1401,0361,5461,6152,8082,604
Profit before tax
8154011,1761,5311,8271,0811,9603,0262,9311,5593,0461,3972,238
Net Profit
7874261,1431,3391,3849511,5702,3122,3771,3282,4681,1961,681
EPS in Rs
225.98122.38328.13384.39397.33273.00435.19640.77658.70368.10684.14331.54465.90
Dividend Payout %
10%20%7%36%13%22%25%9%14%27%15%33%–

Compounded Sales Growth

10 Years:12%
5 Years:9%
3 Years:8%
TTM:1%

Compounded Profit Growth

10 Years:4%
5 Years:-6%
3 Years:-21%
TTM:-7%

Stock Price CAGR

10 Years:11%
5 Years:2%
3 Years:5%
1 Year:8%

Return on Equity

10 Years:12%
5 Years:11%
3 Years:9%
Last Year:6%

Balance Sheet

Standalone figures in ₹ crores

Jun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
35353535353536363636363636
Reserves
4,6765,2426,8117,6638,8629,56312,90015,21417,23518,25220,34821,17521,892
Borrowings
1,2009178811,2933,4032,7983,1442,1562,2092,8111,7521,0322,069
Other Liabilities
1,4181,8051,7372,1752,8422,7983,2573,6333,9354,7195,2825,5125,217
Total Liabilities
7,3297,9989,46311,16615,14215,19319,33821,03923,41525,81927,41927,75629,215
Fixed Assets
2,1943,0043,0502,5993,5894,4764,3194,1925,3215,3337,0996,8986,431
Gross Block
6,9088,6503,8724,6356,5488,83610,36311,36413,52315,07518,42420,770–
Accumulated Depreciation
4,7145,6458222,0362,9594,3616,0447,1738,2019,74311,32513,872–
CWIP
7585112647101,4271,1219629719732,3201,8333,1123,399
Investments
2,2441,6633,0304,0435,4344,4448,91511,05111,54611,65110,67511,59612,498
Other Assets
2,1322,8203,1183,8144,6915,1535,1414,8265,5756,5157,8126,1506,887
Total Assets
7,3297,9989,46311,16615,14215,19319,33821,03923,41525,81927,41927,75629,215

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Jun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1,4011,2391,5662,2021,8792,0603,7514,0942,7232,7043,3045,063
Cash from Investing Activity
-1,234-990-1,265-2,048-3,595-813-5,373-2,868-1,865-2,409-1,350-3,638
Cash from Financing Activity
-156-259-271-1671,726-1,2651,591-1,215-858-315-1,794-1,463
Net Cash Flow
11-1031-1310-18-3111-1-20160-38

Ratios

Standalone Figures in ₹ Crores / Yearly

Jun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
192822141723251415201716
Inventory Days
703708657765743671678616693702522375
Days Payable
163225207205345190251328258327177219
Cash Conversion Cycle
559511472575416504453302450395363172
Working Capital Days
-3183222115241-30-12-42-6-27
ROCE %
18%9%18%20%18%12%16%19%17%9%15%7%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%
FIIs
12.50%12.82%12.62%12.22%12.31%12.47%11.85%10.39%9.88%9.70%10.07%10.34%10.07%
DIIs
11.79%11.58%11.83%12.37%12.37%12.14%12.78%14.22%14.78%15.07%14.65%14.40%14.59%
Public
13.00%12.90%12.83%12.69%12.60%12.64%12.59%12.60%12.53%12.42%12.48%12.46%12.54%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Shree Cement Receives Draft Tax Assessment Order, Potential Rs 149 Crore Demand

2nd April 2026, 3:16 am

Shree Cement Board Meeting on May 6 to Approve FY26 Results and Consider Final Dividend

24th March 2026, 11:54 pm

Shree Cement Schedules Board Meeting on 6th May, 2026 to Approve Annual Results

24th March 2026, 11:44 pm

Shree Cement Receives Demand Order for ₹68.56 Lakh Penalty

24th March 2026, 6:49 pm

Shree Cement Shareholders Approve Re-appointment of Hari Mohan Bangur as Chairman for Five Years

23rd March 2026, 9:45 pm

Published by Other Websites

External media mentions & references

DAM Capital Upgrades Cement Sector to BUY, Names Top Picks

2nd April 2026, 9:49 am

Iran Conflict Triggers Gas Shock, Pushing Asia and Europe to Coal

30th March 2026, 7:51 am

Cement Stocks Surge 5% on Middle East Peace Hopes, Crude Oil Drop

25th March 2026, 12:51 pm

India Cement Stocks Dive as Mideast Tensions Spike Costs

25th March 2026, 10:30 am

Indian Markets Pare Gains: Nifty Holds 23,100 Amid Rupee Record Low

20th March 2026, 4:00 pm

News Articles

Editorial & research coverage

Indian Cement Prices Stabilize, But Cost Pressures Loom
Indian Cement Prices Stabilize, But Cost Pressures Loom

9th February 2026, 7:00 pm

Shree Cements Bets on RMC Expansion, Eyes Q4 Volume Surge
Shree Cements Bets on RMC Expansion, Eyes Q4 Volume Surge

8th February 2026, 10:35 am

Shree Cement Q3: Profit Soars, But Margin Pressure Mounts
Shree Cement Q3: Profit Soars, But Margin Pressure Mounts

6th February 2026, 5:07 pm

Global Tech Rout, AI Race Overshadow Indian Earnings
Global Tech Rout, AI Race Overshadow Indian Earnings

6th February 2026, 7:18 am

Cement Firms Brace for 2025 Q3 Profit Hit as GST Cuts Prices
Cement Firms Brace for 2025 Q3 Profit Hit as GST Cuts Prices

14th January 2026, 12:30 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Credit Rating

10 Jan - CareEdge assigned long-term issuer rating CareEdge BBB+ (stable); maintains AAA/Stable and A1+; ESG score 70.8.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

7 Jan - Confirmation certificate under Regulation 74(5) for quarter ended 31 December 2025.

Disclosure Under Regulation 30 Of The SEBI (LODR) Regulation 2015

2 Jan - MCA Regional Director ordered investigation under Section 210(1)(c); information sought, received January 1, 2026.

Disclosure W.R.T. Receipt Of Demand Order

31 Dec - GST demands: Rs37.07L (Raipur) and Rs33.22L (Gulbarga) with interest/penalties; appeals by 29 March 2026.

Disclosure W.R.T. Receipt Of Demand Order

30 Dec - GST demand Rs6,913,550 plus equal penalty; order received 30 Dec 2025; appeal by 29 Mar 2026.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

9 Oct 2025 from care

Rating update

8 Oct 2025 from crisil

Rating update

28 Jul 2025 from crisil

Rating update

10 Oct 2024 from care

Rating update

29 Jul 2024 from crisil

Rating update

27 Dec 2023 from care

Concalls

Nov 2025

TranscriptRecording

May 2025

Transcript

Nov 2024

Transcript

Aug 2024

Transcript

May 2024

Transcript

Feb 2024

TranscriptRecording

Nov 2023

Transcript

Aug 2023

Transcript

May 2023

Transcript

Feb 2023

Transcript

Oct 2019

PPT

Stock Analysis

Description

  1. Shree Cement Limited is a leading cement manufacturer in India, recognized as the 3rd largest producer with a capacity of 46.4 MTPA, known for its cost-efficiency and a diversified product portfolio.

Key Growth Triggers

  1. Currently no data available for Key Growth Triggers.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. Currently no data available for Key Dates To Watch.

Corporate Announcements

1st Apr 26
Impact Rating: 8
Shree Cement Limited disclosed receipt of a draft Income Tax Assessment Order for FY 2022-23, indicating a potential demand of around Rs 149 crore. The company believes this won't significantly impact operations and plans to contest it.
24th Mar 26
Impact Rating: 6
Shree Cement announced a board meeting for May 6, 2026, to approve audited standalone and consolidated financial results for FY26 and consider recommending a final dividend for FY25-26.
24th Mar 26
Impact Rating: 1
No description available.
24th Mar 26
Impact Rating: 7
Shree Cement has received a demand order from the Office of the Mining Engineer in Rajasthan, imposing a penalty of ₹68.56 lakh. The order relates to delayed compliance from 2013, but the company stated no major financial impact.
23rd Mar 26
Impact Rating: 7
In a postal ballot, Shree Cement shareholders have approved the special resolution for the re-appointment of Mr. Hari Mohan Bangur as Whole Time Director and Chairman for a period of five years, commencing April 1, 2026.