Shree Digvijay Cement Company
70.05
+0.73(+1.05%)
Market Cap₹1,035.82 Cr
PE Ratio28.91
IndustryConstruction
Company Performance:
1D+1.05%
1M-23.18%
6M-14.35%
1Y+1.67%
5Y+23.00%
View Company Insightsright
More news about Shree Digvijay Cement Company
18Dec 25
Shree Digvijay Cement Announces Board Changes Following Stake Acquisition
Shree Digvijay Cement Company Limited has announced significant board changes following the completion of a 45.01% stake acquisition by India Resurgence Fund entities from True North Fund VI LLP. The changes include the resignation of Mr. Pramod Kabra and appointment of Mr. Shitij Kale as Additional Director, with all regulatory compliance requirements met.
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15Dec 25
Shree Cement Executes ₹79.55 Crore Block Trade on NSE at ₹26,470 Per Share
Shree Cement has completed a substantial block trade on NSE worth ₹79.55 crores, involving 30,053 shares at ₹26,470.00 per share. This institutional transaction reflects heightened market activity and investor confidence in the cement sector, with the trade executed through NSE's transparent platform for large-volume transactions.
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09Dec 25
Shree Digvijay Cement Secures Partial Relief in Regulatory Appeal, Penalty Reduced
Shree Digvijay Cement Company Limited has received partial relief in its appeal against penalties imposed by the Registrar of Companies for non-compliance with beneficial ownership filing requirements. The Regional Director's order dropped penalties amounting to Rs. 8,48,400 under Section 90(4A) of the Companies Act, 2013, while maintaining penalties totaling Rs. 4,50,000 under other sections. The violations were related to non-filing of BEN-1 and BEN-4 forms concerning the shareholding of Votorantim Cimentos EAA Inversiones S.L., the company's erstwhile holding company. Shree Digvijay Cement stated that there is no material impact on the company's financial operations or other activities, and is considering exploring further remedies against the order.
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19Nov 25
CCI Approves Shree Digvijay Cement's Distribution Deal and Acquisition
The Competition Commission of India (CCI) has approved two significant transactions for Shree Digvijay Cement Company Limited. The first is a distribution agreement with Hi-Bond Cement Private Limited, granting Shree Digvijay exclusive long-term cement distribution rights and an option to acquire 100% of Hi-Bond Cement's equity shares. The second approval is for India Resurgence Fund's proposed acquisition of shares in Shree Digvijay Cement. These approvals were granted under Section 31(1) of the Competition Act, following a joint application filed under Section 6(2).
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19Oct 25
Shree Digvijay Cement Reports ₹248 Crore Net Profit in Q2
Shree Digvijay Cement Company Limited announced impressive Q2 financial results. Total income from operations reached ₹130,564.10 lakhs, with net profit after tax at ₹24,845.95 lakhs. The company reported an EPS of ₹710.86 and a net worth of ₹1,393,371.56 lakhs. The debt-equity ratio stands at 2.58, indicating a balanced approach to leverage. These results, approved by the Board on October 17, showcase significant growth across key financial metrics.
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17Oct 25
Shree Digvijay Cement Reports Impressive Q2 Performance with 25-Fold Surge in Net Profit
Shree Digvijay Cement Company has reported exceptional Q2 FY2024 results. Net profit surged to ₹102.00 crore from ₹4.00 crore in Q2 FY2023, marking a 2450% increase. EBITDA rose to ₹194.00 crore, up 139.51% year-over-year. The EBITDA margin expanded significantly to 12.04% from 5.57%, showing a 647 basis points improvement. These results indicate robust operational efficiency and improved profitability amidst challenging market conditions in the cement sector.
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01Oct 25
Shree Digvijay Cement Doubles Production Capacity with New Grinding Plant
Shree Digvijay Cement Company Limited has doubled its annual cement production capacity from 1.5 million tonnes to 3.0 million tonnes with the launch of a new cement grinding plant at its Sikka-Digvijaygram facility in Jamnagar, Gujarat. The expansion, effective from October 1, 2025, involved setting up a new cement grinding plant at the existing site. The company announced this capacity increase in a disclosure to stock exchanges under SEBI regulations.
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16Sept 25
Shree Digvijay Cement Seeks Shareholder Approval to Boost Borrowing Limit to INR 750 Crores
Shree Digvijay Cement Company Limited has announced strategic initiatives requiring shareholder approval. The company aims to increase borrowing powers from INR 500 crores to INR 750 crores, primarily to fund a INR 600 crore distribution agreement with Hi-Bond Cement. This agreement includes a refundable deposit of up to INR 400 crores. The company also seeks approval to create charges on assets to secure increased borrowings and expand investment limits to INR 1,200 crores. An options agreement with Hi-Bond Cement allows potential 100% acquisition within eight years. E-voting on these resolutions will occur from September 19 to October 18, 2025, with results expected by October 20, 2025.
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05Sept 25
Shree Digvijay Cement Reports Mixed Results, Recommends Rs 1.50 Dividend
Shree Digvijay Cement Company's FY2025 results show annual declines but quarterly improvements. Revenue decreased 8.40% to 72515.00, EBITDA fell 56.70% to 6706.00, and PAT dropped 71.30% to 2520.00. However, Q4 sales volume increased 10% to 3.94 lacs tons. The company announced a dividend of Rs 1.50 per share and is expanding with a new grinding unit expected to be operational in Q1 FY2026. The 80th AGM is scheduled for August 29, 2025.
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05Sept 25
TrueNorth Fund VI Completes 45.01% Stake Sale in Shree Digvijay Cement
TrueNorth Fund VI LLP has successfully completed the sale of 45.01% stake in Shree Digvijay Cement Company to India Resurgence Fund entities, involving 66.73 million shares and reducing TrueNorth's holding from 54.52% to 9.51%. The transaction, originally agreed upon in September 2025 and amended in December 2025 with a revised price of ₹86.70 per share, marks India Resurgence Fund's acquisition of control and TrueNorth's reclassification as a public shareholder.
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04Sept 25
Shree Digvijay Cement Open Offer Extended to January 19 Due to Trading Holiday
Shree Digvijay Cement Company Limited announced extension of its mandatory open offer tendering period by India Resurgence Fund entities to January 19, 2026, following SEBI's permission due to trading holiday declared for Maharashtra municipal elections. The offer for 3,85,43,837 equity shares at ₹92.20 per share remains unchanged with revised payment completion by February 2, 2026.
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03Sept 25
Shree Digvijay Cement Explores Strategic Alliance with Hi-Bond Cement
Shree Digvijay Cement Company Limited is in talks with Hi-Bond Cement (India) Private Limited for a long-term strategic alliance. The company is proposing to acquire exclusive distribution rights for Hi-Bond Cement's products and is exploring other strategic opportunities. The proposal is subject to board approval, with a meeting scheduled for September 4, 2025. This move could potentially expand Shree Digvijay Cement's product portfolio and market reach.
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25Aug 25
Shree Digvijay Cement Refutes Speculation on Adani Group's Interest in Assets
Shree Digvijay Cement Company has officially refuted market speculation about the Adani Group's potential acquisition of its plant and port assets. The company stated it has no knowledge of such developments and doesn't comment on market speculations. In a clarification to BSE Limited, the cement manufacturer affirmed its compliance with all necessary disclosures under SEBI regulations and attributed recent share price movements to market dynamics.
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25Aug 25
Adani Group Eyes Shree Digvijay Cement's Plant and Port Assets
Adani Group is considering acquiring Shree Digvijay Cement Company's manufacturing plant and port facilities. This potential move aligns with Adani's expansion strategy in infrastructure and logistics sectors. The acquisition could enhance Adani's port operations, enable vertical integration in construction, and improve its logistics network. While details remain undisclosed, the market is closely watching this development for its potential impact on Adani Group and the cement and port sectors in India.
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30Jul 25
Shree Digvijay Cement Reports 22% Profit Growth in Q1 Despite Market Challenges
Shree Digvijay Cement Company posted strong Q1 results with a 22% increase in Profit After Tax to ₹1,379.00 lakhs. Revenue from operations grew by 11% to ₹19,595.00 lakhs, while sales volume increased by 6% to 3.59 lakh tons. The company maintained a steady EBITDA per ton at ₹701.00 despite lower cement prices and subdued demand in Gujarat. A capacity expansion project doubling production to 3.0 million tons per annum is nearing completion, with the new grinding plant undergoing trial runs.
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28Apr 25
Shree Digvijay Cement Reports 42% Drop in Q4 Net Profit, Announces Dividend
Shree Digvijay Cement Company Limited reported a significant decline in its Q4 FY2025 financial results. Net profit fell by 42% to ₹18.30 crore, while revenue decreased by 3.6% to ₹216.40 crore. EBITDA saw a sharp decline of 42.2%, with the EBITDA margin dropping to 12.8%. Despite the challenging quarter, the company announced a dividend of ₹1.50 per share for FY2025.
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