Shree Cement
26,145.00
+205.00(+0.79%)
Market Cap₹94,333.12 Cr
PE Ratio54.33
IndustryConstruction
Company Performance:
1D+0.79%
1M-1.30%
6M-8.28%
1Y-2.11%
5Y+9.73%
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More news about Shree Cement
08Dec 25
Shree Cement Appoints Shailesh Ambastha as Chief Logistics Officer
Shree Cement has appointed Mr. Shailesh Ambastha as its new Chief Logistics Officer, effective December 8, 2025. Mr. Ambastha, previously the President-Sales at Shree Cement, will continue his full-time employment with the company in this new role. He is now designated as a Senior Management Person of the company.
08Dec 25
Shree Cement Appoints Navin Malhotra as New President-Sales
Shree Cement has announced a key management change. Navin Malhotra will replace Shailesh Ambastha as President-Sales, effective December 8, 2025. Malhotra, previously Chief Sales Marketing Officer at Adani Cement, brings extensive experience in the cement industry. He holds an MBA in Finance and MIBM in Sales, Marketing, and International Business. Ambastha will transition to a new role within the organization. This change is part of Shree Cement's efforts to strengthen its management team and enhance sales performance.
12Nov 25
Shree Cement Boosts Production Capacity with New 3.0 MTPA Cement Mill
Shree Cement Limited has commissioned a new cement mill with a capacity of 3.0 million tonnes per annum (MTPA) at its integrated plant in Tehsil Jaitaran, District Beawar, Rajasthan. This follows the earlier commissioning of a 3.65 MTPA clinkerisation unit at the same location on September 30, 2025. The new mill, fully operational from November 12, 2025, completes the integrated cement plant, significantly enhancing the company's production capabilities in the region.
03Nov 25
Shree Cement Reports Strong Q2 Performance with 46% EBITDA Growth and Robust UAE Operations
Shree Cement Limited reported robust Q2 results with a 46% increase in EBITDA to INR 851 crores. Cement sales volume grew by 6.8% to 7.9 million tons, while realization per ton improved to INR 4,840. The company's focus on premium products, which now constitute 21% of total sales, contributed to improved financials. UAE operations excelled with a 34% sales growth and 158% EBITDA increase. Shree Cement commissioned a 3.65 million ton clinkerisation unit in Rajasthan and achieved 63% green electricity share in total consumption. The company remains optimistic about future cement demand, citing factors like above-normal monsoons and infrastructure development.
29Oct 25
Shree Cement Adjusts Expansion Timeline, Reports Robust Q2 Performance
Shree Cement has adjusted its capacity expansion timeline, now targeting 80 million tonnes capacity by FY29 instead of earlier plans. The company aims for 72-75 million tonnes capacity by FY27 and plans to establish 40 RMC plants by FY28. Q2 financial results show significant growth with revenue up 15% to ₹4,303 crore, EBITDA up 44% to ₹851 crore, and PAT up 198% to ₹277 crore. Cement sales volume increased by 6.8% year-on-year, with premium products now constituting 21.1% of total trade volume. The company declared an interim dividend of ₹80 per equity share and estimates ₹3,000 crores in capital expenditure for FY27. Shree Cement remains optimistic about future demand due to favorable economic factors.
28Oct 25
Shree Cement Q2 Profit Triples to ₹277 Crore, Revenue Up 15.5%
Shree Cement reported a significant increase in Q2 performance. Net profit nearly tripled to ₹277.00 crore from ₹93.00 crore year-over-year. Revenue grew 15.5% to ₹4,303.00 crore. EBITDA rose 43.5% to ₹851.80 crore, with operating margin improving to 19.8%. Premium products now account for 21.1% of total trade volume. UAE operations saw 50% revenue growth. The company commissioned a 3.65 MTPA clinkerisation line and added 20 MW of solar capacity. An interim dividend of ₹80.00 per share was declared.
28Oct 25
Shree Cement Reports 69.6% Drop in Q2 Profit, Declares Rs 80 Interim Dividend
Shree Cement Limited reported a significant decline in quarterly profit for Q2 FY2026 ended September 30, 2025. Net profit fell 69.6% to ₹188.10 crore from ₹618.51 crore in the previous quarter. Revenue from operations decreased 13% quarter-on-quarter to ₹4,303.20 crore, though it increased 15% year-on-year. Total cement sales volume grew 6.8% year-on-year, with premium product sales rising to 21.1% of total trade volume. The company declared an interim dividend of ₹80 per equity share. A one-time charge of ₹23.68 crore impacted expenses. Shree Cement recently commissioned a 3.65 MTPA clinkerisation line in Rajasthan and is nearing completion of a 3.0 MTPA cement capacity project in Karnataka.
01Oct 25
Shree Cement Boosts Capacity with New 3.65 MTPA Clinkerisation Unit in Rajasthan
Shree Cement Limited has commissioned a new clinkerisation unit with a capacity of 3.65 Million Tonnes Per Annum at its Integrated Cement Plant in Tehsil Jaitaran, District Beawar, Rajasthan. The company officially announced the completion on September 30, 2025, filing a disclosure under SEBI regulations. This expansion significantly enhances Shree Cement's production capabilities, positioning it to meet increasing cement demand in India's northern and western regions. Simultaneously, the company's subsidiary faces a Rs. 10.00 lakh penalty from the West Bengal Pollution Control Board for alleged environmental violations.
19Sept 25
Shree Cement Executes Rs. 74.29 Crore Block Trade on NSE
Shree Cement, a major player in the Indian cement industry, completed a significant block trade on the National Stock Exchange (NSE). The transaction involved 24,958 shares at ₹29,765.00 per share, totaling ₹74.29 crores. This large-scale trade may indicate institutional interest or major shareholder movements, although the specific parties involved were not disclosed.
05Sept 25
True North to Sell Majority Stake in Shree Digvijay Cement for ₹631 Crore
True North Fund VI LLP is divesting up to 50.1% of its 54.6% stake in Shree Digvijay Cement to India Resurgence Fund for ₹631 crore at ₹85 per share. The deal triggers an open offer for an additional 26% stake at ₹92 per share. Simultaneously, Shree Digvijay Cement signed a 10-year exclusive distribution deal with Hi-Bond Cement worth ₹600 crore annually, including a ₹400 crore refundable deposit. Shree Digvijay also secured a call option to acquire Hi-Bond Cement within eight years.
26Aug 25
Shree Digvijay Cement Denies Knowledge of Adani Group's Interest in Assets
Shree Digvijay Cement has officially addressed market speculations, stating that it is unaware of any interest from the Adani Group in its plant and port assets. The company's clear communication aims to quell rumors and maintain transparency in the midst of ongoing consolidation in the Indian cement sector.
20Aug 25
Shree Cement's Income Tax Demand Slashed to ₹221.72 Crore Following Rectification Order
Shree Cement Limited has received a significant reduction in its income tax demand following a rectification order. The tax liability has been decreased from ₹588.65 crore to ₹221.72 crore for the financial year 2021-22. The company has paid the revised demand through adjustments against pending refunds but has filed an appeal against the disallowances made in the assessment order. Shree Cement expects the demand to further decrease based on previous rulings.
05Aug 25
Shree Cement Shareholders Approve All Resolutions at 46th AGM, Including Rs 110 Total Dividend
Shree Cement Limited held its 46th Annual General Meeting on August 4, 2025. Shareholders approved all resolutions, including a total dividend of Rs 110 per equity share for FY 2024-25, comprising an interim dividend of Rs 50 and a final dividend of Rs 60. The meeting also saw the adoption of financial statements, re-appointment of Mr. Neeraj Akhoury as Director, and appointment of M/s. Pinchaa & Co. as Secretarial Auditors for five years. The remuneration of M/s. K. G. Goyal and Associates as Cost Auditors was ratified.
04Aug 25
Shree Cement Q1 Profit Surges 95% YoY, Sales Volume Misses Estimates
Shree Cement's Q1 net profit increased by 95% to ₹619.00 crore, with revenue rising 2% to ₹4,948.00 crore. EBITDA grew 34% to ₹1,229.00 crore. Sales volume at 8.95 million tonnes missed the 9.60 million tonnes estimate. UAE operations showed strong growth with 19% revenue increase. The company maintained focus on sustainability with 65.65% green electricity consumption and zero liquid discharge status. Capacity expansion projects are underway to reach 68.8 MTPA, with a target of 80 MTPA by 2028.
04Aug 25
Shree Cement Posts Robust Q1 Results with 95% Surge in Net Profit
Shree Cement's Q1 financial results show significant growth. Revenue increased by 2.3% to ₹4,947.98 crore. Net profit nearly doubled to ₹618.51 crore, up 94.7% year-on-year. EBITDA rose 36.1% to ₹1,430.12 crore, with margin expanding to 28.9%. The company demonstrated effective cost management, particularly in power and fuel expenses. Net worth increased to ₹21,839.25 crore, maintaining a stable debt-to-equity ratio of 0.04.
30Jun 25
Shree Cement Subsidiary Secures Limestone Block in Rajasthan Auction
A subsidiary of Shree Cement has successfully won the bid for the Joga-IV Limestone Block in Rajasthan. The block covers an area of 368.00 hectares and contains an estimated 2,223.30 million tons of cement-grade limestone. This acquisition strengthens Shree Cement's raw material base, ensuring long-term supply for cement production. The move aligns with the company's expansion strategy and could provide a competitive advantage in terms of resource security and potential cost efficiencies.
28May 25
Shree Cement Shares Tumble 3.38% Amid ₹589 Crore Tax Demand
Shree Cement's stock fell 3.38% after receiving a ₹588.65 crore tax demand for FY 2021-22. The company believes there are errors in the order and expects the amount to reduce significantly upon rectification. Shree Cement is initiating remedial actions and remains confident of resolving the issue without material impact on its financial position.
15May 25
Shree Cement Hits 52-Week High on Strong Q4 Performance
Shree Cement's share price surged over 3% to reach a new 52-week high of ₹31,702.00 following the announcement of its Q4FY25 results. The significant stock price increase suggests the company's financial performance likely exceeded market expectations. This milestone reflects strong investor confidence and potentially robust financial health for the leading Indian cement manufacturer. The surge may have broader implications for the cement sector and construction industry in India.
14May 25
Shree Cement Anticipates Robust Growth in Cement Industry for FY26
Shree Cement forecasts strong growth in the Indian cement industry, with demand expected to increase by 6.50% to 7.50% by fiscal year 2026. The company identifies three key drivers: ongoing infrastructure projects, rural recovery, and sustained real estate momentum. This outlook suggests a favorable environment for cement manufacturers in the coming years, potentially indicating broader economic optimism.
14May 25
Shree Cement Q4: Profit Beats Estimates Despite 16% YoY Decline, ₹60 Dividend Declared
Shree Cement's Q4 results show a 16% YoY decline in net profit to ₹556 crore, beating market expectations. Revenue grew 3% to ₹5,240 crore, with record quarterly cement and clinker sales of 9.84 million tonnes. EBITDA increased 4.1% to ₹1,381 crore with margin expansion. The company declared a ₹60 per share dividend and reported an increased cement production capacity of 62.80 MTPA.
28Mar 25
Shree Cement Boosts Clinker Production Capacity at Nawalgarh Plant
Shree Cement Limited has increased its clinker production capacity at its Nawalgarh plant in Rajasthan from 3.80 MTPA to 4.50 MTPA. The expansion was achieved through investments in balancing mining equipment and other assets. This strategic move aims to meet growing cement demand and strengthen the company's market position. The capacity enhancement is expected to increase production, improve efficiency, boost market competitiveness, and potentially impact the local economy in Rajasthan.
25Mar 25
Shree Cement Witnesses Substantial Block Trade on NSE
Shree Cement Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 35,199 shares at Rs. 29,830.00 per share, totaling Rs. 105.00 crores. This large-scale trade has drawn market attention, potentially indicating substantial investor or institutional activity in the prominent Indian cement manufacturer.
24Feb 25
Shree Cement Faces ₹41.10 Crore GST Demand in Bihar, Plans to Appeal
Shree Cement Limited has received a GST demand order of ₹41.10 crore from Bihar tax authorities, citing valuation issues and excess Input Tax Credit. The order includes ₹23.56 crore in tax demand, ₹15.19 crore in interest, and ₹2.36 crore in penalties. The company disagrees with the order and plans to file an appeal by May 23, 2025. Shree Cement states that this demand will have no major financial impact on the company.
Shree Cement
26,145.00
+205.00
(+0.79%)
1 Year Returns:-2.11%
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