Cement & Cement Products
Shree Cements is a prominent company in the Cement & Cement Products sector, with its stock ticker being SHREECEM.
With a market capitalization of Rs. 100,972.6 Crores, the company is engaged in the manufacture and sale of various types of cement and clinker both in India and internationally.
The product range includes:
In addition to these, Shree Cements also produces ready mix concrete and aerated autoclaved concrete blocks, which are lightweight and precast building materials. The products are marketed under the Bangur brand name.
Moreover, Shree Cements is involved in power generation, boasting a total capacity of 983 megawatts through various sources, including thermal, waste heat recovery, solar, and wind power plants.
Incorporated in 1979 and based in Kolkata, India, Shree Cements has a trailing 12 months revenue of Rs. 19,764.5 Crores.
The company also rewards its investors with dividends, offering a dividend yield of 0.55% per year. In the last 12 months, shareholders received Rs. 155 in dividend per share. Notably, Shree Cements has experienced a revenue growth of 28.4% over the past three years.
Summary of Shree Cements's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: May 25
In the recent earnings call, management provided an optimistic outlook for Shree Cement. They anticipate cement demand growth of approximately 6.5% to 7.5% for FY '26, driven by government infrastructure projects, recovery in rural demand, and a resurgence in the real estate sector. The company reported strong operational results for the quarter, with total sales volume increasing to 9.84 million tons, a 13% growth from the previous quarter. Average realization improved by about 5% to INR 4,768, while EBITDA surged 47% to INR 1,383 crores.
Management highlighted strategic moves, including a focus on premium products, which increased their sales share from 11.9% in Q4 FY '24 to 15.6% in Q4 FY '25. They also mentioned a continued commitment to sustainability, achieving a green electricity share of 60.2% and ramping up green power generation capacity to 582 megawatts"”a 21% increase.
On the expansion front, Shree Cement has commissioned new capacities, including a cement grinding unit of 3 million tons in Etah, Uttar Pradesh, and a 3.4 million tons unit in Baloda Bazar, Chhattisgarh. Management confirmed ongoing projects to enhance total capacity to 68.8 million tons by FY '26. Additionally, they expressed confidence in achieving over 80 million tons capacity by 2028 and improving market share in Central and East Uttar Pradesh through strategic positioning.
Management also provided insights into their conservative approach to accounting, including a provisioning adjustment of INR 24 crores due to legal notices. For FY '26, the total capex earmarked is around INR 3,000 crores as part of their growth strategy. Overall, the management's forward-looking stance is characterized by a focus on profitability over volume, a commitment to sustainability, and strategic market expansions.
Last updated: May 25
Question: "What is the outlook now for volume for FY '26, particularly as we are commissioning large capacities in Q1?"
Answer: "Our strategy is not to be the biggest volume player in the industry but the most profitable one. Therefore, we expect volume growth of around 6.5% to 7.5% for FY '26. I would be slightly more aggressive and suggest we may achieve about 39 million tons in FY '26, but our focus remains on profitability over sheer volume."
Question: "What is the thought process going forward in terms of expansion?"
Answer: "We have announced several locations for expansion and we are prepared to launch these projects at the right time. This includes ongoing projects scheduled for FY '26, with a total capex of about INR 3,000 crores earmarked."
Question: "What are the numbers for fuel cost per kCal and trade mix?"
Answer: "The fuel cost per kCal for this quarter stands at INR 1.48, down from INR 1.82 in March '24. The lead distance is 446 km, and our trade share remains steady at 73%."
Question: "Could you give us the current clinker capacity and total limestone reserves?"
Answer: "Our current clinker capacity is 36.7 million tons, and we expect it to rise to 44 million tons by FY '25-'26. While we won't disclose the exact figures for limestone reserves, we assure that our reserves can support our existing and forthcoming expansions adequately."
Updated May 4, 2025
Shree Digvijay Cement Co has reported a yearly decline of 6.75%, indicating challenges within the cement sector.
Sustainalytics has highlighted significant controversies involving SHREECEM, raising concerns about its sustainability practices.
The stock has seen a recent decline of 0.98% in one day and 2.44% over the past month, reflecting a challenging period.
Nomura has upgraded its rating on Shree Cement Ltd. to 'buy', raising its price target to ₹34,000, indicating an 11.6% upside potential.
Shree Cements has gained 19.4% this year, reflecting strong performance as it trades near record highs.
Shree Cements has a one-year performance of 18.07% and a five-year performance of 57.17%, showcasing long-term growth.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Momentum: Stock is suffering a negative price momentum. Stock is down -6.5% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Comprehensive comparison against sector averages
SHREECEM metrics compared to Cement
Category | SHREECEM | Cement |
---|---|---|
PE | 87.69 | 39.74 |
PS | 5.43 | 2.53 |
Growth | -4.9 % | 2.9 % |
SHREECEM vs Cement (2021 - 2025)
Valuation | |
---|---|
Market Cap | 1.07 LCr |
Price/Earnings (Trailing) | 87.13 |
Price/Sales (Trailing) | 5.4 |
EV/EBITDA | 23.67 |
Price/Free Cashflow | 418.8 |
MarketCap/EBT | 78.4 |
Fundamentals | |
---|---|
Revenue (TTM) | 19.76 kCr |
Rev. Growth (Yr) | -12.8% |
Rev. Growth (Qtr) | 10.58% |
Earnings (TTM) | 1.22 kCr |
Earnings Growth (Yr) | -72.4% |
Earnings Growth (Qtr) | 152.77% |
Profitability | |
---|---|
Operating Margin | 6.89% |
EBT Margin | 6.89% |
Return on Equity | 5.85% |
Return on Assets | 4.4% |
Free Cashflow Yield | 0.24% |
Understand Shree Cements ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
Shree Capital Services Ltd | 24.9% |
Digvijay Finlease Limited | 11.74% |
Flt Limited | 9.98% |
SBI Mutual Fund | 6.05% |
Mannakrishna Investments Pvt Ltd | 5.66% |
Life Insurance Corporation Of India | 4.54% |
Newa Investments Pvt Ltd | 3.81% |
Ragini Finance Private Limited | 3.52% |
Didu Investments Pvt Ltd | 3.25% |
N.B.I. Industrial Finance Company Ltd | 2.91% |
ICICI Prudential Mutual Fund | 2.15% |
Harimohan Bangur | 1.35% |
The Venktesh Co Private Limited | 1.28% |
Prashant Bangur | 1.08% |
Rajesh Vanijya P Ltd | 1.02% |
The Didwana Investment Company Limited | 0.91% |
Asish Creations Private Limited | 0.58% |
Rajkamal Devi Bangur | 0.35% |
Ranu Bangur | 0.19% |
Riya Puja Jain | 0.01% |
Distribution across major stakeholders
Distribution across major institutional holders
Investor Care | |
---|---|
Dividend Yield | 0.52% |
Dividend/Share (TTM) | 155 |
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 339.05 |
Financial Health | |
---|---|
Current Ratio | 2.01 |
Debt/Equity | 0.07 |
Detailed comparison of Shree Cements against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
ULTRACEMCO | UltraTech CementCement & Cement Products | 3.35 LCr | 74.69 kCr | -4.38% | +1.25% | 51.85 | 4.49 | +4.43% | -7.64% |
AMBUJACEM | Ambuja CementsCement & Cement Products | 1.35 LCr | 37.7 kCr | -2.39% | -18.78% | 26.23 | 3.59 | +9.83% | +9.01% |
DALBHARAT | DALMIA BHARATCement & Cement Products | 39.19 kCr | 14.23 kCr | -0.37% | +9.57% | 56.06 | 2.75 | -5.15% | -18.05% |
ACC | ACCCement & Cement Products | 34.87 kCr | 22.83 kCr | -3.70% | -30.23% | 14.51 | 1.53 | +11.65% | +2.88% |
RAMCOCEM | The Ramco CementsCement & Cement Products | 25.43 kCr | 8.84 kCr | +7.16% | +23.77% | 68.26 | 2.88 | -5.00% | -1.60% |
INDIACEM | India CementsCement & Cement Products | 10.19 kCr | 4.44 kCr | +2.80% | +48.50% | -70.92 | 2.29 | -14.16% | +36.80% |