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Shree Cement Ltd

(SHREECEM)

₹24052.850.22%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Shree Cement Ltd Analyst Rating

based on 39 analysts

HOLD

39.47%

Buy

39.47%

Hold

21.05%

Sell

Based on 39 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹25824.54

Source: S&P Global Market Intelligence

Shree Cement Ltd Share analysis

Shree Cement Ltd price forecast by 39 analysts

Upside of7.13%

High

₹30050

Target

₹25824.54

Low

₹17550

Shree Cement Ltd target price ₹25824.54, a slight upside of 7.13% compared to current price of ₹24052.85. According to 39 analysts rating.

Source: S&P Global Market Intelligence

Shree Cement Ltd Performance

  • Day's Low

    Day's High

    ₹23,821.1
    ₹24,439.5
  • 52 Week's Low

    52 Week's High

    ₹23,500
    ₹30,737.75
1 Month Return-0.79 %
3 Month Return-2.83 %
1 Year Return-7.06 %
Previous Close₹24,106.35
Open₹23,939.95
Volume18.47K
Upper Circuit-
Lower Circuit-
Market Cap₹86,977.51Cr

Shree Cement Ltd Key Statistics

P/E Ratio50.22
PEG Ratio-1.91
Market Cap₹86,977.51 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₹86,977.51 Cr3.76%0.54₹2,396 Cr₹20,520 Cr
BUY₹1,68,646.64 Cr44.4%0.58₹9,925 Cr₹1,30,978 Cr
BUY₹1,35,360.95 Cr34.67%0.51₹4,738 Cr₹33,159 Cr
BUY₹3,10,914.82 Cr32.83%0.57₹7,003 Cr₹70,908 Cr
BUY₹41,044.66 Cr9.67%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: ₹24052.85 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹86,977.51Cr 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 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%.

  • Shree Cement MD Optimistic Despite EBITDA Decline - 15 Nov, 2024

    Shree Cement's MD reports a 30.8% YoY decline in EBITDA to Rs 613 crore. However, he remains optimistic about a turnaround in the second half, focusing on cost-cutting and premium products to improve performance.

  • Shree Cement Maintains Buy Rating with Revised Target - 14 Nov, 2024

    Sharekhan maintains a Buy rating on Shree Cement with a revised price target of Rs 28,800, citing strong EBITDA performance and positive demand outlook for H2FY2025. Management's capacity expansion plans remain on track.

  • Shree Cement Faces Weak Q2 Performance Ratings Adjusted - 13 Nov, 2024

    Shree Cement's Q2FY25 results missed projections, with revenue and EBITDA declining significantly. Analysts adjust target prices, reflecting concerns over weak demand and pricing environment.

  • Shree Cement Faces Profit Decline and Analyst Ratings - 12 Nov, 2024

    Shree Cement reported an 83% decline in Q2 net profit, prompting analysts to adjust ratings. Morgan Stanley and CLSA lowered target prices, while Jefferies maintained a 'Buy' rating. Shares fell 4% amid ongoing sector challenges.

  • Shree Cement Q2 Results Show Significant Profit Decline - 11 Nov, 2024

    Shree Cement's Q2 FY25 results reveal an 81% profit drop to ₹93 crore amid weak demand and pricing. However, sales volumes exceeded expectations, mitigating losses.

  • Shree Cements Share Price Rises Amid Mixed Performance - 23 Oct, 2024

    Shree Cements shares rose 1.17% to Rs 24,750.65. Despite this, the stock has declined 3.64% over the past year. The latest quarter reported a net profit of Rs 278.61 crore, with sales down 5.72% from the previous quarter. The MACD indicates a bearish bias.

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

    MF Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 30.8% return, outperforming this stock by 37.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Ambuja Cements Ltd has given 41.4% return, outperforming this stock by 50.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

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

  • 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

    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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, SHREECEM stock has moved down by -9.4%

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

S&P BSE Largecap

₹9,050.93

-0.97 (-89.06%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

S&P BSE SEN. N50

₹78,852.09

-1.05 (-834.81%)

BSE 100

₹24,662.39

-0.76 (-189.82%)

Nifty100 Eq Weig

₹30,708.85

-1.79 (-558.25%)

NIFTY 100

₹24,135.10

-0.98 (-239.6%)

S&P BSE 250 LargeMidCap

₹10,169.78

-0.85 (-87.03%)

Nifty LargeMidcap 250

₹15,236.40

-0.68 (-104.3%)

Nifty 200

₹13,129.70

-0.87 (-115.1%)

S&P BSE 100 LargeCap TMC

₹8,695.60

-0.97 (-85.24%)

Nifty Next 50

₹66,765.45

-1.49 (-1010.05%)

S&P BSE Dividend Stability

₹985.87

-0.9 (-9%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE 200

₹10,722.03

-0.87 (-93.59%)

Nifty Commodities

₹8,192.55

-2.01 (-167.9%)

Nifty Infra

₹8,306.30

-0.89 (-74.8%)

S&P BSE Commodities

₹7,075.72

-1.55 (-111.08%)

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 Equity %13.9416.414.627.4712.77
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

Shree Cement Ltd Valuation

Shree Cement Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.92x)

June 17, 2022

Industry (48.15x)

November 19, 2024

Today (50.22x)

November 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 0.66%.

    Read More about Dividends

Shree Cement Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Shree Cement Ltd

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Shree Cement Ltd (SHREECEM) share price today is ₹24052.85

Shree Cement Ltd is listed on NSE

Shree Cement Ltd is listed on BSE

  • Today’s highest price of Shree Cement Ltd is ₹24439.5.
  • Today’s lowest price of Shree Cement Ltd is ₹23821.1.

PE Ratio of Shree Cement Ltd is 50.22

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 18.47K.

Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹86977.51Cr.

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

Shree Cement Ltd(SHREECEM) share price is ₹24052.85. It is down -21.75% from its 52 Week High price of ₹30737.75

Shree Cement Ltd(SHREECEM) share price is ₹24052.85. It is up 2.35% from its 52 Week Low price of ₹23500

Shree Cement Ltd(SHREECEMReturns
1 Day Returns
-53.5%
1 Month Returns
-0.79%
3 Month Returns
-2.83%
1 Year Returns
-7.06%