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Shree Cement Ltd

SHREECEM

Shree Cement Ltd

SHREECEM
MaterialsCement
MidcapWith a market cap of ₹87,809 cr, stock is ranked 121
Low RiskStock is 1.69x as volatile as Nifty
24,337.051.24% (-304.75)
24,337.051.24% (-304.75)

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MaterialsCement
MidcapWith a market cap of ₹87,809 cr, stock is ranked 121
Low RiskStock is 1.69x as volatile as Nifty

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MaterialsCement
MidcapWith a market cap of ₹87,809 cr, stock is ranked 121
Low RiskStock is 1.69x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
41.774.230.43%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
32.203.661.16%

Forecast & Ratings

Detailed Forecast 
47%
Analysts have suggested that investors can buy this stock

from 34 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Shree Cement Limited is a cement company whose principal products/services are cement and clinker.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.53%, vs industry avg of 9.5%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 5.43% to 5.36%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 18.94%, vs industry avg of 15.53%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue6,186.328,956.0710,222.1512,804.4113,142.7913,998.0315,555.4518,311.4121,119.1021,116.50
Raw Materialssubtract449.30680.66769.061,055.38953.321,020.031,217.401,507.761,657.6316,049.32
Power & Fuel Costsubtract1,122.951,444.271,979.653,092.632,702.652,397.903,620.186,080.666,345.19
Employee Costsubtract369.86537.18588.05767.18853.99869.22913.46977.771,064.43
Selling & Administrative Expensessubtract1,526.782,423.743,044.643,534.983,297.843,824.804,072.324,705.625,185.67
Operating & Other expensessubtract637.87995.31978.951,488.931,301.491,368.371,478.271,621.021,751.32
Depreciation/Amortizationsubtract827.571,214.71899.401,471.811,807.811,262.341,145.881,660.671,897.322,262.13
Interest & Other Itemssubtract75.77129.42135.27247.86291.43251.29216.12262.87258.34240.23
Taxes & Other Itemssubtract33.12191.70442.98139.34398.41718.21559.88224.34563.50462.81
EPS328.13384.38397.32288.86433.13633.54646.31352.18663.98582.58
DPS24.00140.0050.0060.00110.0060.0090.00100.00105.0050.00
Payout ratio0.070.360.130.210.250.090.140.280.160.09

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual report

PDF

Investor Presentation

Oct 19PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCement

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Shree Cement Ltd36.654.230.43%
UltraTech Cement Ltd46.995.460.61%
Grasim Industries Ltd32.521.320.36%
Ambuja Cements Ltd40.302.830.30%

Price Comparison

Compare SHREECEM with any stock or ETF
Compare SHREECEM with any stock or ETF
SHREECEM
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding62.55%7.91%5.11%11.85%12.58%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun12.82%12.62%12.21%12.30%12.48%11.85%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Shree Cement Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Equity Hybrid Fund - Growth - Direct Plan

Growth
2.2925%2.78%-0.30%12/96 (-1)
SBI Focused Equity Fund - Growth - Direct Plan

Growth
1.1577%2.89%-0.29%20/34 (-3)
SBI Blue Chip Fund - Growth - Direct Plan

Growth
0.8137%1.36%-0.20%27/60 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.40%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.03 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 23, 2024

Final
Final | Div/Share: ₹55.00

Dividend/Share

55.00

Ex DateEx Date

Jul 23, 2024

Cash Dividend

Ex DateEx DateFeb 8, 2024

Interim
Interim | Div/Share: ₹50.00

Dividend/Share

50.00

Ex DateEx Date

Feb 8, 2024

Cash Dividend

Ex DateEx DateJun 1, 2023

Interim 2
Interim 2 | Div/Share: ₹55.00

Dividend/Share

55.00

Ex DateEx Date

Jun 1, 2023

Cash Dividend

Ex DateEx DateFeb 16, 2023

Interim
Interim | Div/Share: ₹45.00

Dividend/Share

45.00

Ex DateEx Date

Feb 16, 2023

Cash Dividend

Ex DateEx DateJul 13, 2022

Final
Final | Div/Share: ₹45.00

Dividend/Share

45.00

Ex DateEx Date

Jul 13, 2022

News & Opinions
Corporate
Shree Cement to convene board meeting

Shree Cement will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Shree Cement Q1 PAT drops 45% YoY to Rs 318 cr

Profit before tax was at Rs 350.84 crore in Q1 FY25, down 50.62% from Rs 710.49 crore reported in Q1 FY24. EBIDTA fell 1.82% to Rs 916 crore in Q1 FY25 as against Rs 933 crore recorded in the corresponding quarter previous year. Total sales volume grew by 8% to 9.64 million tonnes in the June quarter as compared to 8.92 million tones registered in Q1 FY24. The company said that the sale of premium products stood at 7.6% of total trade sale volume. Explaining its capex plans, the company commissioned its integrated cement unit in Guntur district of Andhra Pradesh with cement production capacity of 3.0 Million Tonnes Per Annum (MTPA), during the quarter. Besides this, the firm's ongoing expansion projects in Jaitaran, Rajasthan (6.0 MTPA), Kodla, Karnataka (3.00 MTPA), Baloda Bazar, Chhattisgarh (3.40 MTPA), and Etah, Uttar Pradesh (3.00 MTPA) are progressing satisfactorily as per schedule. The company is working on further expanding its capacities in different geographies to reach its target ahead of schedule, added the company. Further, the company stated that the Rs 11 lakh crore capital expenditure announcement in the Union Budget 2024 signifies the government's commitment to modernizing India's infrastructure through various projects and allocations. This together with 3 crore additional houses in PM Awas Yojana and launch of phase IV of PMGSY will undoubtedly drive demand for cement and other building materials. Neeraj Akhoury, managing director of Shree Cement, said, 'We continued to optimize our production processes, enhance cost efficiencies and maintain a strong focus on branding initiatives. These efforts enabled us to navigate the challenging market conditions marked by sluggish demand due to general elections and extreme weather, consistently delivering value to our stakeholders.' We will continue our focus on increasing our cement manufacturing capacity to gain market share. This, along with our consistent product quality, positions us well to capitalize on the anticipated rebound in cement demand driven by enhanced infrastructure allocation in the Union Budget, rising housing demand and expected growth in the rural sector. Shree Cement is one of India's top three cement producers. Its portfolio of products includes Shree Jung Rodhak Cement, Bangur Cement, Roofon and Rockstrong Cement. Shares of Shree Cement slipped 2.14% to end at Rs 26,159 on the BSE. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Shree Cement consolidated net profit declines 51.32% in the June 2024 quarter

Net profit of Shree Cement declined 51.32% to Rs 278.61 crore in the quarter ended June 2024 as against Rs 572.30 crore during the previous quarter ended June 2023. Sales rose 1.75% to Rs 5123.96 crore in the quarter ended June 2024 as against Rs 5035.65 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales5123.965035.65 2 OPM %18.0918.76 - PBDT1010.111039.68 -3 PBT305.85700.23 -56 NP278.61572.30 -51 Powered by Capital Market - Live

2 months agoCapital Market - Live

Shree Cement Q1 Results: Profit Down 51%, Misses Estimates

2 months agoBloomberg Quint

Q1 results this week: LIC, Airtel, Vedanta, Eicher Motors, Tata Power and others

2 months agoEconomic Times

Shree Cement Annual Report Analysis- Ebitda Margin Rises To 22.3% From Its Lowest In Five Years: Dolat Capital

2 months agoBloomberg Quint

Cement Q1 Results Preview - Volume Likely To Decline, Weaker Realisation/Tonne Expected QoQ: DRChoksey

3 months agoBloomberg Quint
Shree Cement Aims 80% Capacity Utilization In FY25: Chairman HM Bangur On Future Plans
3 months agoNDTV Profit

Stocks To Watch: Maruti Suzuki, RBL Bank, Indigo, IREDA, AU SFB, Shree Cement, And Others - News18

3 months agoNews18

Shree Cement’s installed renewable power capacity touches 1 GW across India

3 months agoBusiness Standard