Shree Cement

Shree Cement

26,680.00
-20.00
(-0.07%)
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Key Fundamentals
Add Ratio
Market Cap
96,335.60 Cr
EPS
311.18
PE Ratio
55.87
Dividend Yield
0.41 %
Industry
Construction
52 Week High
32,490.00
52 Week Low
23,821.10
PB Ratio
4.29
Debt to Equity
0.06
Sector
Cement
Analyst Rating and Forecast
- By Refinitiv from40 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+45.00 %
+45.00 %
Hold
Hold+35.00 %
+35.00 %
Sell
Sell+20.00 %
+20.00 %
Forecast For
Actual

Company News

View All News
Caret
positive
Shree Cement has launched a cement mill with a capacity of 3.0 million tonnes per annum (MTPA). This represents an expansion of the company's manufacturing capabilities.
positive
Shree Cement reported quarterly results with cement sales volume up 6.8% year-on-year to 7.9 million tons. Realization per ton increased from INR 4,451 to INR 4,840, driven by premium products share rising from 15% to 21%. Total EBITDA grew 46% from INR 582 crores to INR 851 crores. EBITDA per ton increased 43% from INR 772 to INR 1,105 after adjusting for one-time impact. The company's UAE operations delivered best-ever quarterly performance with sales up 34% to 13.1 lakh tons and EBITDA increasing 158% to AED 52.53 million. Shree Cement commissioned a clinkerisation unit of 3.65 million tons at Jaitaran, Rajasthan, with cement mill of 3 million tons expected shortly. The company expanded its RMC portfolio to 24 operational plants and achieved 63% green electricity share in total consumption. Management maintained its value-over-volume strategy and passed GST rate reduction benefits from 28% to 18% to customers. The company increased interim dividend payout to INR 80 and expects capex of INR 3,000 crores for FY26-27.
neutral
Shree Cement has revised its capacity expansion plans, pushing back its 80 million tonnes capacity target to FY29 due to market conditions. The company expects cement sales of 37-38 million tonnes in the current fiscal year and full-year depreciation of Rs 2,450 crores. For FY27, the company aims for 72-75 million tonnes capacity with estimated capital expenditure of Rs 3,000 crores. Additionally, Shree Cement targets establishing 40 RMC (Ready Mix Concrete) plants by FY28.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
11,778.00
#1 3,49,902.00
47.57
76,699.30
7.23
6,040
74.86
40.08
2,790.30
1,89,415.10
21.18
#1 1,49,936.90
#1 13.38
#1 7,756
52.41
46.15
560.30
1,39,213.10
19.18
37,699.00
9.83
5,158
363.71
46.63
26,680.00
#4 96,335.60
#8 55.87
#5 19,872.10
#8 -5.48
#5 1,124
#4 304.44
23.75
5,606.50
42,930.20
41.84
12,052.10
3.00
872
17.05
30.72
2,014.60
38,124.50
33.24
14,233.00
-5.15
699
387.76
25.67
1,846.70
34,558.50
#1 10.39
22,834.70
11.65
2,402
#1 460.49
48.58
994.80
23,163.70
63.57
8,559.60
-9.09
268
201.94
39.35
367.30
13,171.90
47.95
10,376.10
-3.63
22
142.72
23.20
412.15
12,174.30
1,006.10
4,357.30
-13.82
-124
102.60
64.87
Growth Rate
Revenue Growth
-5.48 %
Net Income Growth
-53.10 %
Cash Flow Change
46.99 %
ROE
-54.89 %
ROCE
-54.75 %
EBITDA Margin (Avg.)
-6.45 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
3,164
2,907
3,196
3,538
3,355
3,063
3,212
3,513
2,613
3,365
3,665
4,355
3,776
3,527
3,751
4,502
4,395
4,197
4,473
5,246
5,205
4,906
5,341
5,551
5,263
4,236
4,684
5,690
5,516
4,940
Expenses
2,495
2,475
2,374
2,596
2,355
2,129
2,266
2,358
1,799
2,262
2,431
2,989
2,612
2,452
2,792
3,445
3,614
3,495
3,573
4,211
4,091
3,888
3,930
3,979
4,197
3,441
3,608
4,104
3,948
3,787
EBITDA
669
432
822
942
1,000
934
945
1,155
814
1,103
1,234
1,366
1,164
1,075
959
1,056
781
702
901
1,035
1,114
1,018
1,411
1,572
1,066
795
1,076
1,587
1,568
1,153
Operating Profit %
19 %
13 %
24 %
26 %
29 %
29 %
28 %
31 %
28 %
31 %
32 %
29 %
28 %
27 %
23 %
21 %
18 %
13 %
17 %
17 %
19 %
19 %
24 %
26 %
18 %
15 %
21 %
26 %
25 %
20 %
Depreciation
306
354
364
448
428
455
460
465
300
310
322
330
274
290
285
297
350
396
443
473
340
412
444
702
704
716
799
788
654
668
Interest
56
62
60
70
69
73
75
74
72
64
60
56
55
56
54
52
55
66
70
71
74
67
55
62
56
56
52
41
46
51
Profit Before Tax
307
17
399
424
502
406
410
616
443
730
852
980
836
729
620
707
376
241
388
491
700
539
913
807
306
23
225
758
869
434
Tax
27
-47
69
82
120
93
98
80
112
202
221
180
205
165
137
48
97
57
106
-34
128
93
211
131
27
-53
31
183
225
124
Net Profit
279
64
330
342
382
313
312
537
330
528
632
800
631
564
483
659
279
183
282
525
572
447
702
676
279
77
194
575
644
310
EPS in ₹
80.19
17.34
93.74
97.61
108.98
89.16
87.55
148.54
91.35
146.05
174.85
221.29
174.68
155.99
133.58
182.16
77.47
50.81
78.18
145.72
158.62
123.78
194.54
187.04
77.22
21.18
53.61
159.17
178.12
85.50

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
7,998
9,463
11,166
15,142
15,493
19,944
21,513
23,749
26,334
27,954
28,492
Fixed Assets
3,004
3,050
2,599
3,589
6,182
6,163
6,216
7,282
7,481
9,591
9,315
Current Assets
2,232
1,809
3,282
5,700
4,719
7,894
8,187
8,470
8,968
12,212
12,102
Capital Work in Progress
511
265
710
1,427
1,129
1,197
997
1,054
2,797
1,930
3,796
Investments
164
3,030
4,042
5,434
2,286
6,358
8,501
9,033
8,683
7,556
7,849
Other Assets
4,319
3,118
3,814
4,691
5,896
6,227
5,800
6,381
7,373
8,877
7,532
Total Liabilities
7,998
9,463
11,166
15,142
15,493
19,944
21,513
23,749
26,334
27,954
28,492
Current Liabilities
1,449
1,162
1,989
2,967
2,127
4,016
4,443
4,686
6,732
6,128
5,756
Non Current Liabilities
1,273
1,456
1,479
3,278
3,633
2,690
1,622
1,552
925
1,082
1,157
Total Equity
5,276
6,845
7,698
8,897
9,733
13,238
15,449
17,511
18,677
20,744
21,579
Reserve & Surplus
5,242
6,811
7,663
8,862
9,636
13,133
15,361
17,424
18,600
20,667
21,502
Share Capital
35
35
35
35
35
36
36
36
36
36
36

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-10
31
-13
10
84
-36
370
-324
-113
220
-102
Investing Activities
-990
-1,265
-2,048
-3,595
-720
-5,590
-2,651
-2,143
-2,405
-1,418
-3,726
Operating Activities
1,239
1,566
2,202
1,879
2,080
3,973
4,254
2,668
2,569
3,348
4,920
Financing Activities
-259
-271
-167
1,726
-1,276
1,581
-1,233
-849
-277
-1,710
-1,296

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
62.55 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
12.30 %
12.48 %
11.85 %
10.39 %
9.88 %
9.71 %
10.07 %
10.33 %
DIIs
10.58 %
10.22 %
9.88 %
10.29 %
10.96 %
11.22 %
10.74 %
11.96 %
11.75 %
12.00 %
12.17 %
12.55 %
12.34 %
13.02 %
14.46 %
15.02 %
15.32 %
14.89 %
14.65 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
2.95 %
2.94 %
2.83 %
2.91 %
3.05 %
3.06 %
2.73 %
2.09 %
1.93 %
2.00 %
1.93 %
1.86 %
1.90 %
1.85 %
1.89 %
1.67 %
1.66 %
1.71 %
1.78 %
Others
23.92 %
24.29 %
24.74 %
24.25 %
23.44 %
23.17 %
23.98 %
23.40 %
23.77 %
23.45 %
23.35 %
10.73 %
10.73 %
10.73 %
10.70 %
10.87 %
10.76 %
10.77 %
10.68 %
No of Share Holders
41,632
45,423
43,504
49,260
56,833
62,628
58,486
36,126
31,219
32,176
27,738
24,852
28,268
26,744
29,903
25,531
24,779
25,592
26,178

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 140 50 60 110 60 90 100 105 110
Dividend Yield (%) 0.00 0.86 0.27 0.34 0.37 0.25 0.35 0.39 0.34 0.41

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
24 Jul 2021 DIVIDEND Dividend
₹ 60.00 /share
22 Jul 2021 27,510.35 27,982.60
12 Feb 2022 DIVIDEND Dividend
₹ 45.00 /share
10 Feb 2022 24,800.90 24,900.30
14 Jul 2022 DIVIDEND Dividend
₹ 45.00 /share
13 Jul 2022 22,001.20 19,736.05
16 Feb 2023 DIVIDEND Dividend
₹ 45.00 /share
16 Feb 2023 24,277.30 24,922.65
01 Jun 2023 DIVIDEND Dividend
₹ 55.00 /share
01 Jun 2023 24,408.65 25,165.20
08 Feb 2024 DIVIDEND Dividend
₹ 50.00 /share
08 Feb 2024 28,088.35 28,116.30
23 Jul 2024 DIVIDEND Dividend
₹ 55.00 /share
23 Jul 2024 26,008.45 27,925.45
06 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
06 Aug 2024 27,777.00 26,732.40
11 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2024 25,892.90 24,533.00
30 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jan 2025 26,707.70 26,630.70
05 Feb 2025 DIVIDEND Dividend
₹ 50.00 /share
05 Feb 2025 26,630.70 27,933.40
14 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 May 2025 29,537.60 30,200.75
21 Jul 2025 DIVIDEND Dividend
₹ 60.00 /share
21 Jul 2025 30,200.75 30,765.50
04 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Aug 2025 29,075.00 30,653.25
04 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
04 Aug 2025 31,178.60 30,653.25
28 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Oct 2025 29,275.00 28,590.00
03 Nov 2025 DIVIDEND Dividend
₹ 80.00 /share
03 Nov 2025 28,590.00 28,310.00

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication4 days ago
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot5 days ago
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 20155 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation10 days ago
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 03, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 28, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateOct 28, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 28, 2025
Financial Results For The Quarter And Half Year Ended 30Th September 2025Oct 28, 2025
Board Meeting Outcome for Board Meeting Outcome For Approval Of Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025 And Declaration Of Interim Dividend For The FY 2025-26Oct 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 16, 2025
Announcement under Regulation 30 (LODR)-Credit RatingOct 10, 2025
Announcement under Regulation 30 (LODR)-Credit RatingOct 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Announcement under Regulation 30 (LODR)-Credit RatingOct 02, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 30, 2025
Disclosure W.R.T. Receipt Of Order From West Bengal Pollution Control BoardSep 30, 2025
Record Date For Interim DividendSep 28, 2025
Update on board meetingSep 28, 2025
Closure of Trading WindowSep 16, 2025
Board Meeting Intimation for Consideration And Approval Of Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ending On 30Th September 2025Sep 16, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 11, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 05, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 20, 2025
Announcement under Regulation 30 (LODR)-Credit RatingAug 19, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 05, 2025
Voting Results Of The 46Th Annual General Meeting (AGM) Of The CompanyAug 05, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 05, 2025
Announcement under Regulation 30 (LODR)-CessationAug 05, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 04, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 04, 2025
Financial Results For The Quarter Ended 30Th June 2025Aug 04, 2025
Board Meeting Outcome for Board Meeting Outcome For Approval For Un-Audited Financial Results For The Quarter Ended 30Th June 2025Aug 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 30, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 14, 2025
Letter Sent To MembersJul 14, 2025
Communication To Shareholder - Intimation Regarding Tax Deduction On DividendJul 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 12, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 11, 2025
Record Date For Final DividendJul 11, 2025
Reg. 34 (1) Annual Report.Jul 11, 2025
The 46Th Annual General Meeting Of The Company Will Be On Monday 4Th August 2025 At 11:00 A.M.Jul 11, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 11, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 01, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Nippon India Large Cap Fund Direct-Growth
0.74%
23000
0.08%
0.06%
Tata Large Cap Direct Plan-Growth
0.00%
-14006
-1.53%
-1.57%
SBI Arbitrage Opportunities Fund Direct-Growth
0.00%
-13725
-0.10%
-0.13%
Edelweiss Mid Cap Direct Plan-Growth
0.48%
-11287
-0.34%
-0.37%
Mirae Asset Arbitrage Fund Direct - Growth
0.00%
-5300
-0.50%
-0.35%
UTI Arbitrage Fund Direct-Growth
0.00%
-3600
-0.11%
-0.06%
ICICI Prudential Dividend Yield Equity Fund Direct-Growth
0.54%
3482
0.13%
0.11%
Kotak Arbitrage Fund Direct-Growth
0.02%
2300
0.01%
-0.15%
Bajaj Finserv Balanced Advantage Fund Direct-Growth
0.00%
-1974
-0.45%
-0.45%
Edelweiss Arbitrage Fund Direct-Growth
0.00%
-1700
-0.03%
-0.08%
ICICI Prudential Manufacturing Fund Direct - Growth
0.31%
1616
0.06%
0.31%
Samco Large Cap Fund Direct - Growth
0.00%
-1339
-2.73%
-2.84%
UTI Focused Fund Direct - Growth
1.96%
1250
0.03%
0.01%
Samco Dynamic Asset Allocation Fund Direct - Growth
0.96%
-1227
-1.08%
-0.97%
Bandhan Multi-Factor Fund Direct - Growth
1.17%
-1148
-0.71%
1.17%
Invesco India Arbitrage Fund Direct-Growth
0.00%
-1100
-0.01%
-0.04%
Nippon India Arbitrage Fund Direct-Growth
0.00%
-1075
-0.02%
-0.14%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.34%
1000
-0.01%
-0.01%
UTI Flexi Cap Fund Direct-Growth
0.95%
-935
-0.07%
-0.06%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth
2.81%
709
-0.20%
2.81%
Mahindra Manulife Multi Asset Allocation Fund Direct - Growth
0.96%
420
0.05%
-0.02%
SBI Nifty Next 50 Index Fund Direct - Growth
1.62%
-417
-0.11%
-0.10%
Bandhan Equity Savings Fund Direct-Growth
0.33%
411
0.33%
0.33%
WhiteOak Capital Arbitrage Fund Direct-Growth
0.00%
-400
-0.18%
-0.20%
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
1.68%
365
-0.15%
-0.16%

Technical Indicators

RSI(14)
Neutral
23.91
ATR(14)
Less Volatile
486.03
STOCH(9,6)
Oversold
5.31
STOCH RSI(14)
Oversold
2.84
MACD(12,26)
Bearish
-132.49
ADX(14)
Strong Trend
25.65
UO(9)
Bullish
27.29
ROC(12)
Downtrend And Accelerating
-6.59
WillR(14)
Oversold
-96.80

About Shree Cement

Shree Cement Ltd is one of India's leading cement manufacturers with a consolidated cement production capacity of 46.40 million tonnes per annum (MTPA) and a power generation capacity of 888.6 MW. The company operates across six states in North and East India, with manufacturing units in Rajasthan, Uttarakhand, Bihar, Haryana, Chhattisgarh, and Uttar Pradesh. Shree Cement produces various types of cement including Ordinary Portland Cement, Portland Pozzolana Cement, Portland Slag Cement, and Composite Cement under brands such as Shree Ultra Jung Rodhak Cement, Bangur Cement, and Rockstrong Cement. The company also has international operations with approximately 4 MTPA capacity serving the Middle East and Southeast Asia markets. Headquartered in Kolkata, India, Shree Cement was incorporated in 1979 and has since expanded through numerous capacity additions and acquisitions, including facilities in Karnataka, Jharkhand, Odisha, Maharashtra, and Andhra Pradesh.
Chairperson NameB G Bangur