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Shree Cement Ltd

(SHREECEM)

₹27063.52%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Shree Cement Ltd Analyst Rating

based on 39 analysts

HOLD

38.46%

Buy

41.03%

Hold

20.51%

Sell

Based on 39 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹25793.46

Source: S&P Global Market Intelligence

Shree Cement Ltd Share analysis

Shree Cement Ltd price forecast by 39 analysts

Downside of-6.60%

High

₹28800

Target

₹25793.46

Low

₹17550

Shree Cement Ltd target price ₹25793.46, a slight downside of -6.6% compared to current price of ₹27063.5. According to 39 analysts rating.

Source: S&P Global Market Intelligence

Shree Cement Ltd Performance

  • Day's Low

    Day's High

    ₹27,000
    Day's Price Range
    ₹27,786
  • 52 Week's Low

    52 Week's High

    ₹23,500
    52-Week Price Range
    ₹30,737.75
1 Month Return+ 14.82 %
3 Month Return+ 6.39 %
1 Year Return-2.11 %
Previous Close₹27,617.10
Open₹27,701.00
Volume21.94K
Upper Circuit-
Lower Circuit-
Market Cap₹1,00,697.04Cr

Shree Cement Ltd Key Statistics

P/E Ratio57.54
PEG Ratio-2.19
Market Cap₹1,00,697.04 Cr
P/B Ratio4.55
EPS664.12
Dividend Yield0.41
SectorCement
ROE12.77

Shree Cement Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,00,697.04 Cr7.21%0.54₹2,396 Cr₹20,520 Cr
BUY₹1,70,827.28 Cr48.41%0.58₹9,925 Cr₹1,30,978 Cr
BUY₹1,39,055.64 Cr36.97%0.51₹4,738 Cr₹33,159 Cr
BUY₹3,39,622.95 Cr37.18%0.57₹7,003 Cr₹70,908 Cr
BUY₹40,215.58 Cr8.83%0.52₹2,336 Cr₹19,958 Cr

About Shree Cement Ltd

Shree Cement Ltd is one of the leading cement manufacturers in India. Incorporated in 1979, the company is engaged in the production and sale of cement and clinker. Its operations span across India, the UAE, Bahrain, Bangladesh, and Sri Lanka.

Shree Cement is known for its high-quality products, which include Portland Pozzolana Cement, Ordinary Portland Cement, and Portland Slag Cement. The company also produces Ready Mix Concrete, Fly Ash, and GGBS. Its popular brands include Bangur Cement, Rockstrong Cement, Shree Concreel HD, and Shree Ultra.

Share Price: ₹27063.50 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,00,697.04Cr as of today
Revenue: ₹4,054.17Cr as on September 2024 (Q3 24)
Net Profit: ₹76.64Cr as on September 2024 (Q3 24)
Listing date: 12 Jan, 1995
Chairperson Name: B G Bangur
OrganisationShree Cement Ltd
HeadquartersKolkata
IndustryCement
E-voting on sharesClick here to vote
Bangur Cement Share Price
Rockstrong Cement Share Price
Roofon Concrete Share Price

Key events for Shree Cement Ltd

  • Shree Cement Announces Rs 800 Crore Bihar Investment - 20 Dec, 2024

    Shree Cement plans to invest Rs 800 crore in Bihar to establish a cement plant with an annual capacity of 2 million tonnes, enhancing its industrial footprint.
  • Shree Cements Stock Shows Minor Movement - 12 Dec, 2024

    Shree Cements stock rose by 0.07% to Rs 27,292.00, with a total traded quantity of 104 shares. The stock's P/E ratio is 56.86, and it has a 52-week high of Rs 30,710.15. The RSI stands at 65.86, indicating it is nearing overbought territory.
  • Shree Cements Shares Slightly Up Amid Market Activity - 10 Dec, 2024

    On December 10, 2024, Shree Cements shares traded at Rs 26,839.00, up 0.42% from the previous close. The stock has a market value of Rs 96,837.12 crore, with a P/E ratio of 55.92 and an ROE of 11.57%. Promoters hold 62.55% of the company.
  • Shree Cements Shares Decline Amidst Mixed Performance - 09 Dec, 2024

    Shree Cements shares fell 1.57% to Rs 26,604.25. The company reported a 19.52% drop in quarterly sales, with a net profit of Rs 76.44 crore. The stock has declined 3.76% over the past year.
  • JPMorgan Bullish on Indian Cement Sector - 06 Dec, 2024

    JPMorgan has a positive outlook on the Indian cement sector, noting a 10-13% rise in stocks like Shree Cement Ltd. since mid-November, driven by expectations of increased government capital expenditure by the end of financial year 2025.
  • Shree Cement Shares Rise Amid Mixed Financials - 05 Dec, 2024

    Shree Cement shares increased by 2.05% to Rs 26,857.05. The company reported a net profit of Rs 76.44 crore for Q3 FY2024, with a decline in sales compared to previous quarters. The stock has a bullish MACD signal.
  • Shree Cement Reports Revenue Growth Amid Profit Decline - 02 Dec, 2024

    On December 2, Shree Cement's shares rose nearly 3% amid a cement sector rally. Revenue increased by 14.95%, but net profit saw a significant decline of 88.81% in FY24.
  • Shree Cements Shares Decline Amid Market Activity - 29 Nov, 2024

    Shree Cements shares fell 2.73% to Rs 26,249.90 on BSE, with a trading volume of 732 lakh shares. The stock has a market value of Rs 94,343.40 crore and a P/E ratio of 54.48.
  • Shree Cements Shows Bullish Momentum in Trading - 27 Nov, 2024

    Shree Cements shares rose 0.46% to Rs 25,108.90, with a bullish trend indicated by trading above key moving averages. The RSI stands at 55.01, suggesting a stable position.
  • Shree Cement Reports Positive Developments Amid Tax Probe - 25 Nov, 2024

    Shree Cement's share price rose 3.83% as the RoC report revealed no major concerns. The company aims to expand its capacity significantly by 2025.
  • Shree Cements Stock Shows Mixed Performance - 21 Nov, 2024

    Shree Cements shares traded at Rs 24,269.00, down 0.62% from the previous close. The stock is below both its 50-DMA and 200-DMA, indicating a bearish trend. Promoters hold 62.55% of the company, with institutional investors owning 19.63%. The stock's P/E ratio is 50.37, and ROE stands at 11.57%.

Insights on Shree Cement Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 12.58% to 12.59% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SHREECEM stock has moved up by 2.5%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.91% to 9.24% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.55% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, UltraTech Cement Ltd has given 64.3% return, outperforming this stock by 54.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Grasim Industries Ltd has given 22.5% return, outperforming this stock by 24.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 701.89 Cr → 76.44 Cr (in ₹), with an average decrease of 45.0% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.85% to 10.39% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 5.55K Cr → 4.23K Cr (in ₹), with an average decrease of 12.4% per quarter

Shree Cement Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹4,773.67Cr (-)₹5,223.18Cr (↑9.42%)₹5,401.02Cr (↑3.40%)₹5,123.96Cr (↓5.13%)₹4,054.17Cr (↓20.88%)
Net Income₹446.62Cr (-)₹701.85Cr (↑57.15%)₹675.75Cr (↓3.72%)₹278.45Cr (↓58.79%)₹76.64Cr (↓72.48%)
Net Profit Margin9.36% (-)13.44% (↑43.59%)12.51% (↓6.92%)5.43% (↓56.59%)1.89% (↓65.19%)
Value in ₹ crore
Details2021202220232024
Total Assets₹21,066.16Cr (-)₹23,468.43Cr (↑11.40%)₹25,914.42Cr (↑10.42%)₹27,567.55Cr (↑6.38%)
Total Liabilities₹5,816.09Cr (-)₹6,197.56Cr (↑6.56%)₹7,625.98Cr (↑23.05%)₹7,183.06Cr (↓5.81%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3,751.38Cr (-)₹4,093.61Cr (↑9.12%)₹2,722.85Cr (↓33.49%)₹2,704.32Cr (↓0.68%)₹3,303.62Cr (↑22.16%)

Index Inclusions

BSE 100

₹25,006.81

-1.76 (-448.2%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty Next 50

₹68,702.65

-2.72 (-1923.05%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty Commodities

₹8,188.45

-1.93 (-160.75%)

S&P BSE SEN. N50

₹81,296.27

-2.61 (-2178.77%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE Commodities

₹7,274.13

-1.88 (-139.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Infra

₹8,452.40

-2.08 (-179.75%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Shree Cement Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.55%
0.00
Foreign Institutions
10.39%
-12.27
Mutual Funds
9.24%
16.84
Retail Investors
12.59%
0.08
Others
5.22%
2.16

Shree Cement Ltd Key Indicators

Details20202021202220232024
Return On Assets %7.9310.859.944.98.69
Details20202021202220232024
Book Value Per Share (₹)3650.064267.574839.325165.35738.06
Details20202021202220232024
Earning Per Share (₹)427.95634.59647.62351.76664.12
Details20202021202220232024
Return On Equity %13.9416.414.627.4712.77

Shree Cement Ltd Valuation

Shree Cement Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.92x)

June 17, 2022

Industry (51.22x)

December 19, 2024

Today (57.54x)

December 19, 2024

Highest (75.77x)

June 27, 2019

LowHigh

Shree Cement Ltd Earnings and Dividends

  • Shree Cement Ltd Earnings Results

    Shree Cement Ltd’s net profit fell -82.89% since last year same period to ₹76.44Cr in the Q2 2024-2025. On a quarterly growth basis, Shree Cement Ltd has generated -72.56% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Shree Cement Ltd Dividends May,2024

    In the quarter ending March 2024, Shree Cement Ltd has declared dividend of ₹55 - translating a dividend yield of 0.59%.

    Read More about Dividends

Shree Cement Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Shree Cement Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Shree Cement Ltd

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Shree Cement Ltd (SHREECEM) share price today is ₹27063.5

Shree Cement Ltd is listed on NSE

Shree Cement Ltd is listed on BSE

  • Today’s highest price of Shree Cement Ltd is ₹27786.
  • Today’s lowest price of Shree Cement Ltd is ₹27000.

PE Ratio of Shree Cement Ltd is 57.54

PE ratio = Shree Cement Ltd Market price per share / Shree Cement Ltd Earnings per share

Today’s traded volume of Shree Cement Ltd(SHREECEM) is 21.94K.

Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹100697.04Cr.

Shree Cement Ltd(SHREECEMPrice
52 Week High
₹30737.75
52 Week Low
₹23500

Shree Cement Ltd(SHREECEM) share price is ₹27063.5. It is down -11.95% from its 52 Week High price of ₹30737.75

Shree Cement Ltd(SHREECEM) share price is ₹27063.5. It is up 15.16% from its 52 Week Low price of ₹23500

Shree Cement Ltd(SHREECEMReturns
1 Day Returns
-553.6%
1 Month Returns
14.82%
3 Month Returns
6.39%
1 Year Returns
-2.11%