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Shree Cements Ltd.

₹27826.95 -176.90 (-0.63%) 1D

Cement and Construction

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Performance

Today’s low

27749.80

Today’s High

28043.40

52W low

21410.00

52W High

28050.00

Open Price

28000.00

Prev. Close

26163.75

Volume

2865.00

Value

79724211.75

Fundamentals

Market Cap Cr

100401.60

Price to Earnings

55.00

Price to Book Value

5.40

Dividend Yield

0.40

PE to Growth

3.90

Op Revenue TTM Cr

19264.44

Net Profit TTM Cr

1826.77

Cash From Operating Activity Cr

2568.74

Return on Equity %

6.81

EMA & SMA

Bullish Moving Averages

16

Bearish Moving Averages

0

5Day EMA Rs

27274.4

10Day EMA Rs

26825.6

12Day EMA Rs

26726.2

20Day EMA Rs

26496

26Day EMA Rs

26394.8

50Day EMA Rs

26099.2

100Day EMA Rs

25663.8

200Day EMA Rs

25127.1

5Day SMA Rs

27119.2

10Day SMA Rs

26516.5

20Day SMA Rs

26373

30Day SMA Rs

26169.6

50Day SMA Rs

26149.4

100Day SMA Rs

25324.9

150Day SMA Rs

25159.8

200Day SMA Rs

25228.1

DELIVERY AND VOLUME

DAILY AVG. DELIVERY VOLUME %

05 Dec, 2023

26.3

Week

41.2

Month

51.7

LEGEND

Positive Indicator

Neutral Indicator

Negative Indicator

RESISTANCE AND SUPPORT

27884.95

PIVOT

First Resistance

28168.90

Second Resistance

28333.95

Third Resistance

28617.90

First Support

27719.90

Second Support

27435.95

Third Support

27270.90

Relative Strength Index

73.73

Money Flow Index

53.31

MACD

331.44

MACD Signal

133.54

Average True Range

484.03

Average Directional Index

19

Rate of Change (21)

7.88

Rate of Change (125)

12.83

Commodity Channel Index

270.4

Williams %R

-1.9

BETA

1 Month

1.02

3 Month

0.56

1 Year

0.24

3 Year

0.08

PRICE CHANGE ANALYSIS

↑ 6.75%

1 Week

Low

High

25916.05

28050

↑ 7.2%

1 Month

Low

High

25600

28050

↑ 8.17%

3 Months

Low

High

25309

28050

↑ 12.11%

6 Months

Low

High

22605.6

28050

↑ 17.14%

1 Year

Low

High

21410

28050

Indicator Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021 Graph
Total Qtr Revenue cr 4710.71 5160.78 4920.38 4230.02 3937.49 4181.11 4236.85 3661.89 3355.82 3588.66 4055.16
Operating Expenses Qtr Cr 3714.58 4066.49 3892.66 3360.83 3257.87 3383.87 3188.16 2726.23 2307.67 2435.98 2753.65
Operating Profit Qtr Cr 870.05 932.58 892.45 707.96 523.03 818.82 910.60 825.53 898.20 1013.51 1177.16
EBIDT Qtr Cr 996.13 1094.29 1027.72 869.19 679.62 797.24 1048.69 935.66 1048.15 1152.68 1301.51
Depreciation Qtr Cr 331.48 308.47 441.91 413.56 362.79 327.94 301.34 252.10 250.54 232.50 299.29
Net Profit Qtr Cr 491.33 581.12 546.21 276.77 189.60 315.55 645.21 491.99 577.70 661.72 767.65
Basic EPS Qtr Rs 136.18 161.06 151.39 76.70 52.55 87.46 178.82 136.36 160.11 183.40 212.76
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Total Revenue Annual Cr 17269.00 14843.22 13046.39 12175.62 11967.40
Operating Expenses Annual Cr 13895.23 10658.04 8633.67 8229.47 9069.18
Operating Profit Annual in Cr 2942.26 3647.84 3954.72 3674.53 2652.82
Operating Profit Margin Annual % 17.04 24.58 30.31 30.18 22.17
Total Expenses Annual Cr 15710.36 11912.30 10020.67 10215.41 10707.84
EBIDT Annual Cr 3373.77 4185.18 4412.72 3946.15 2898.22
EBIDT Annual margin % 19.54 28.20 33.82 32.41 24.22
Depreciation Cr 1546.20 1036.48 1139.90 1699.42 1391.68
PAT Before ExtraOrdinary Items Annual Cr 1328.13 2376.62 2311.93 1570.18 951.05
Net Profit Annual Cr 1328.13 2376.62 2311.93 1570.18 951.05
Basic EPS Annual Rs 368.10 658.69 640.77 445.08 273.00
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Total ShareHolders Funds Annual Cr 18288.44 17270.87 15250.07 12936.42 9597.39
Minority Interest Liability Annual Cr - - - - -
Total Non Current Liabilities Annual Cr 933.50 1585.83 2273.32 2592.79 3609.20
Total Current Liabilities Annual Cr 6596.74 4558.73 3515.38 3808.66 1986.66
Total Capital Plus Liabilities Annual Cr 25818.68 23415.43 21038.77 19337.87 15193.25
Fixed Assets Annual Cr 7652.94 6294.40 5162.51 5281.03 5596.78
Total Non Current Assets Annual Cr 17682.56 15724.24 13839.31 12512.30 11201.56
Total Current Assets Annual Cr 8136.12 7691.19 7199.46 6825.57 3991.69
Total Assets Annual Cr 25818.68 23415.43 21038.77 19337.87 15193.25
Contingent Liabilities plus Commitments Annual Cr 1949.68 1924.17 1555.39 1035.43 1105.30
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Cash from Operating Activity Annual Cr 2704.32 2722.85 4093.61 3751.38 2059.69
Cash from Investing Activity Annual Cr -2408.88 -1865.34 -2867.88 -5373.32 -812.63
Cash from Financing Annual Activity Cr -315.06 -858.42 -1214.58 1590.99 -1265.27
Net Cash Flow Annual Cr -19.62 -0.91 11.15 -30.95 -18.21
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Book Value Per Share Annual Rs 5068.86 4786.83 4226.74 3585.48 2754.70
ROE Annual % 7.26 13.76 15.16 12.13 9.90
ROCE Annual % 9.50 16.69 18.67 14.46 11.40
Total Debt to Total Equity Annual 0.14 0.12 0.12 0.18 0.29
EBDIT Annual Margin % 20.03 29.25 35.05 33.14 24.72
Indicator Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021 Graph
Total Qtr Revenue cr 4932.11 5233.90 5245.91 4473.38 4197.37 4394.75 4501.60 3750.96 3526.95 3775.94 4333.37
Operating Expenses Qtr Cr 3914.12 4119.91 4210.99 3572.54 3495.27 3614.03 3445.43 2791.91 2452.42 2611.87 2967.10
Operating Profit Qtr Cr 886.04 944.92 889.20 726.72 542.76 800.82 918.81 845.20 920.96 1022.96 1237.78
EBIDT Qtr Cr 1017.99 1113.99 1034.92 900.84 702.10 780.72 1056.17 959.05 1074.53 1164.07 1366.27
Depreciation Qtr Cr 411.70 339.45 472.82 442.58 395.62 349.65 296.73 285.30 290.33 273.52 330.21
Net Profit Qtr Cr 446.63 572.30 525.77 282.07 183.36 279.50 657.24 481.97 562.83 629.90 798.43
Basic EPS Qtr Rs 123.78 158.62 145.72 78.18 50.81 77.47 182.16 215.25 155.99 174.58 221.29
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Total Revenue Annual Cr 18311.41 15555.45 13942.66 13142.79 12804.41
Operating Expenses Annual Cr 14892.83 11301.63 9424.95 9109.29 9760.97
Operating Profit Annual in Cr 2959.50 3707.93 4051.38 3759.10 2793.68
Operating Profit Margin Annual % 16.16 23.84 29.06 28.60 21.82
Total Expenses Annual Cr 16816.37 12663.63 10938.58 11208.53 11480.64
EBIDT Annual Cr 3418.58 4253.82 4517.71 4033.50 3043.44
EBIDT Annual margin % 18.67 27.35 32.40 30.69 23.77
Depreciation Cr 1660.67 1145.88 1262.34 1807.81 1471.81
PAT Before ExtraOrdinary Items Annual Cr 1269.14 2336.61 2289.59 1544.06 1015.05
Net Profit Annual Cr 1270.70 2331.94 2285.87 1535.85 1006.39
Basic EPS Annual Rs 352.18 646.31 633.54 435.35 288.88
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Total ShareHolders Funds Annual Cr 18636.40 17460.28 15397.41 13169.43 9670.75
Minority Interest Liability Annual Cr 40.56 50.29 51.16 68.81 62.48
Total Non Current Liabilities Annual Cr 924.86 1551.87 2363.79 2690.35 3633.24
Total Current Liabilities Annual Cr 6732.12 4686.44 3700.81 4015.56 2126.58
Total Capital Plus Liabilities Annual Cr 26333.94 23748.88 21513.17 19944.15 15493.05
Fixed Assets Annual Cr 10277.48 8335.76 7212.79 7359.74 7311.10
Total Non Current Assets Annual Cr 17366.01 15278.55 13325.84 12050.33 10773.83
Total Current Assets Annual Cr 8967.93 8470.33 8187.33 7893.82 4719.22
Total Assets Annual Cr 26333.94 23748.88 21513.17 19944.15 15493.05
Contingent Liabilities plus Commitments Annual Cr 2119.69 2032.68 1635.29 805.94 1192.41
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Cash from Operating Activity Annual Cr 2568.74 2667.98 4253.79 3973.18 2080.02
Cash from Investing Activity Annual Cr -2414.49 -2151.37 -2645.04 -5598.71 -721.52
Cash from Financing Annual Activity Cr -276.71 -849.38 -1232.64 1581.06 -1275.99
Net Cash Flow Annual Cr -122.46 -332.77 376.11 -44.47 82.51
Indicator Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Graph
Book Value Per Share Annual Rs 5176.54 4853.26 4281.75 3669.14 2793.69
ROE Annual % 6.81 13.35 14.84 11.66 10.40
ROCE Annual % 8.96 16.30 18.27 13.97 11.75
Total Debt to Total Equity Annual 0.14 0.12 0.12 0.18 0.29
EBDIT Annual Margin % 19.14 28.34 33.52 31.34 24.24
Name Holding Percent Holding Id Pledged % Locked %
SbI Mutual Fund 3.9 10672147 - -
Axis Mutual Fund 2 10672148 - -
Name Holding Percent Holding Id Pledged % Locked %
Harimohan Bangur 1.35 10672123 0 0
Prashant Bangur 1.08 10672124 0 0
Shree Capital Services Ltd 24.9 10672130 0 0
Digvijay Finlease Limited 11.74 10672131 0 0
Mannakrishna Investments Pvt Ltd 5.66 10672132 0 0
Newa Investments Pvt Ltd 3.81 10672133 0 0
Ragini Finance Private Limited 3.52 10672134 0 0
Didu Investments Pvt Ltd 3.25 10672135 0 0
N.B.I. Industrial Finance Company Ltd 2.35 10672136 0 0
The Venktesh Co Ltd 1.28 10672137 0 0
Rajesh Vanijya P Ltd 1.02 10672138 0 0
The Didwana Investment Company Limited 0.91 10672139 0 0
Asish Creations Private Limited 0.58 10672140 0 0
Western India Commercial Co Ltd 0.56 10672141 0 0
Name Holding Percent Holding Id
SbI Mutual Fund 3.9 10672147
Axis Mutual Fund 2 10672148
Life Insurance Corporation Of India 3.91 10672150
Name Holding Percent Holding Id
Flt Limited 9.98 10672171
Ex-Date Dividend Amount Dividend Type Record Date Instrument Type
Jun 01, 2023 55 INTERIM Jun 01, 2023 Equity Share
Feb 16, 2023 45 INTERIM Feb 16, 2023 Equity Share
Jul 13, 2022 45 FINAL Jul 14, 2022 Equity Share
Feb 10, 2022 45 INTERIM Feb 12, 2022 Equity Share
Jul 22, 2021 60 FINAL Jul 24, 2021 Equity Share
Feb 24, 2020 110 INTERIM Feb 25, 2020 Equity Share
Jul 31, 2019 35 FINAL - Equity Share
Jan 29, 2019 25 INTERIM Jan 30, 2019 Equity Share
Jul 20, 2018 30 FINAL - Equity Share
Jan 18, 2018 20 INTERIM Jan 19, 2018 Equity Share
Jul 21, 2017 24 FINAL - Equity Share
Feb 06, 2017 100 SPECIAL Feb 07, 2017 Equity Share
Aug 22, 2016 16 INTERIM Aug 23, 2016 Equity Share
Mar 17, 2016 12 INTERIM Mar 18, 2016 Equity Share
Feb 10, 2016 12 INTERIM Feb 11, 2016 Equity Share
Nov 05, 2015 14 FINAL - Equity Share
Aug 28, 2014 10 INTERIM Sep 01, 2014 Equity Share
Aug 28, 2014 12 INTERIM Sep 01, 2014 Equity Share
Jan 31, 2014 10 INTERIM Feb 03, 2014 Equity Share
Oct 17, 2013 12 FINAL - Equity Share
May 03, 2013 8 INTERIM May 06, 2013 Equity Share
Oct 08, 2012 8 FINAL - Equity Share
May 18, 2012 6 INTERIM May 21, 2012 Equity Share
Jan 27, 2012 6 INTERIM Jan 30, 2012 Equity Share
Jul 21, 2011 8 FINAL - Equity Share
Feb 04, 2011 6 INTERIM Feb 07, 2011 Equity Share
Aug 05, 2010 8 FINAL - Equity Share
Jan 25, 2010 5 INTERIM Jan 27, 2010 Equity Share
Jul 16, 2009 5 FINAL - Equity Share
May 04, 2009 5 INTERIM May 05, 2009 Equity Share
Jul 10, 2008 8 FINAL - Equity Share
Mar 21, 2007 6 INTERIM Mar 22, 2007 Equity Share
Jul 21, 2006 5 FINAL - Equity Share
Aug 08, 2005 4 FINAL - Equity Share
Jul 07, 2004 3 FINAL - Equity Share
Aug 01, 2003 2.5 FINAL - Equity Share
Aug 12, 2002 1 FINAL - Equity Share
Oct 04, 2001 - FINAL - Equity Share
Ex-Date Split Ratio Record Date
Ex-Date Purpose Notes
Nov 07, 2023 Quarterly Results -
Jul 26, 2023 Quarterly Results & Others inter alia, consider approval of raising of funds by way of issuance of NCDs aggregating to an amount upto Rs. 1,000 Crores in one or more tranches on private placement basis.
May 22, 2023 Audited Results & 2nd Interim Dividend -
Feb 08, 2023 Quarterly Results & Interim Dividend -
Oct 14, 2022 Quarterly Results -
Jul 28, 2022 Quarterly Results -
May 21, 2022 Audited Results & Final Dividend -
Feb 04, 2022 Quarterly Results & Interim Dividend (Revised)
Oct 29, 2021 Quarterly Results -
Aug 09, 2021 Quarterly Results -
May 21, 2021 Audited Results & Final Dividend -
Jan 30, 2021 Quarterly Results -
Nov 11, 2020 Quarterly Results -
Aug 10, 2020 Quarterly Results -
May 08, 2020 Audited Results -
Feb 14, 2020 Quarterly Results & Interim Dividend -
Oct 19, 2019 Quarterly Results Inter alia, the Board shall also consider the raising of funds by way of issuance of equity shares, in one or more tranches.
Aug 09, 2019 Quarterly Results -
May 18, 2019 Audited Results & Final Dividend -
Jan 22, 2019 Quarterly Results & Interim Dividend -
Nov 12, 2018 Quarterly Results -
Jul 30, 2018 Quarterly Results -
Apr 28, 2018 Audited Results & Final Dividend -
Jan 11, 2018 Quarterly Results & Interim Dividend -
Nov 08, 2017 Quarterly Results -
Jul 31, 2017 Quarterly Results -
May 16, 2017 Audited Results & Final Dividend To consider recommending the final dividend, if any, on the equity shares of the Company.
Jan 30, 2017 Quarterly Results & 2nd Interim Dividend -
Nov 07, 2016 Quarterly Results -
Aug 12, 2016 Quarterly Results & Interim Dividend -
May 26, 2016 Audited Results -
Mar 10, 2016 2nd Interim Dividend -
Feb 02, 2016 Quarterly Results & Interim Dividend Revised from 03/02/2016
Nov 14, 2015 Quarterly Results -
Aug 05, 2015 Audited Results & Final Dividend Appointed Shri. Sanjiv Krishnaji Shelgikar as Additional Director of the Company.
Apr 29, 2015 Quarterly Results -
Feb 03, 2015 Quarterly Results -
Nov 10, 2014 Quarterly Results -
Aug 25, 2014 Audited Results & Interim Dividend Second Interim Dividend for the year 2013-14 & First Interim Dividend for the year 2014-15
Apr 28, 2014 Quarterly Results -
Jan 27, 2014 Quarterly Results & Interim Dividend -
Oct 25, 2013 Quarterly Results -
Jul 30, 2013 Audited Results & Final Dividend -
Apr 29, 2013 Quarterly Results & Interim Dividend -
Jan 21, 2013 Quarterly Results -
Oct 16, 2012 Quarterly Results -
Aug 23, 2012 Audited Results & Final Dividend Audited Results for 15 months period ended 30.06.2012.
May 15, 2012 Aud. Qtr. Results, 2nd Intrm. & Dividend -
Jan 23, 2012 Quarterly Results & Interim Dividend -
Nov 10, 2011 Quarterly Results (Revised)
Aug 01, 2011 Quarterly Results -
May 27, 2011 Audited Results & Final Dividend -
Jan 31, 2011 Quarterly Results & Interim Dividend (Revised)
Nov 11, 2010 Quarterly Results -
Aug 14, 2010 Quarterly Results -
May 20, 2010 Audited Results & Final Dividend -
Jan 21, 2010 Quarterly Results & Interim Dividend -
Oct 28, 2009 Quarterly Results -
Jul 24, 2009 Quarterly Results -
Apr 28, 2009 Audited Results, Interim & F. Dividend To declare Interim Dividend @ Rs.5 per share and also recommend to members of the Company final dividend @ Rs.5 per share for the financial year 2008-09. (Revised)
Jan 28, 2009 Quarterly Results -
Oct 20, 2008 Quarterly Results -
Jul 18, 2008 Quarterly Results -
May 07, 2008 Audited Results -
Jan 08, 2008 Quarterly Results -
Oct 23, 2007 Quarterly & Half Yearly Results -
Jul 19, 2007 Quarterly Results -
May 14, 2007 Audited Results -
Mar 13, 2007 Interim Dividend -
Jan 18, 2007 Quarterly Results -
Oct 10, 2006 Quarterly & Half Yearly Results -
Jul 31, 2006 Quarterly Results -
May 05, 2006 Accounts & Dividend -
Jan 17, 2006 Quarterly Results -
Oct 27, 2005 Quarterly Results -
Jul 19, 2005 Quarterly Results -
May 16, 2005 Dividend & Accounts -
Jan 18, 2005 Quarterly Results -
Oct 29, 2004 Quarterly Results -
Jul 15, 2004 Quarterly Results -
May 12, 2004 Dividend -
Jan 29, 2004 Quarterly Results -
Oct 29, 2003 Quarterly Results -
Jul 24, 2003 Quarterly Results -
May 07, 2003 Accounts & Dividend -
Jan 09, 2003 Quarterly Results -
Oct 29, 2002 Quarterly Results -
Apr 26, 2002 Accounts & Dividend -
Mar 08, 2002 Interim Dividend (Cancelled)
Oct 24, 2001 Quarterly Results -
Aug 31, 2001 Accounts & Dividend -
Jul 24, 2001 Quarterly Results -
Apr 23, 2001 Quarterly Results -
Feb 01, 2001 Quarterly Results -
Oct 20, 2000 Accounts & Quarterly Results -
Apr 25, 2000 Quarterly Results -
Jan 29, 2000 Quarterly Results -
Oct 14, 1999 Quarterly Results -
Sep 01, 1999 Accounts. -
Jul 30, 1999 Quarterly Results -
Apr 30, 1999 Quarterly Results -
Jan 29, 1999 Quarterly Results -
Oct 31, 1998 Quarterly Results (Revised)
Oct 29, 1998 Quarterly Results -
Aug 24, 1998 Quarterly Results -
Feb 27, 1998 Half Yearly Results -
Ex-Date Bonus Ratio Record Date
Bigul
02 Dec 2023

SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Senior Management of the Company will be holding meetings with certain institutional investors on 6th December, 2023 at Mumbai. Please note that no Unpublished Price Sensitive Information (UPSI) is proposed to be shared by the Company during the aforesaid investor meetings. The schedule of meetings may undergo change due to exigencies on part of the investor(s)/ Company.
Bigul
22 Nov 2023

SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 In terms of Regulation 30 read with Schedule III and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find attached herewith copies of the notice published in "Financial Express" (In English) and "Dainik Navajyoti" (in Hindi) on 22nd November, 2023 w.r.t. completion of dispatch of Postal Ballot Notice along with Postal Ballot form to the members.
Bigul
21 Nov 2023

SHREE CEMENT LTD. - 500387 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

 In terms of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find attached herewith the Postal Ballot Notice dated 7th November, 2023 along with Postal Ballot Form being sent by the Company to its shareholders for seeking their consent for Alteration in Articles of Association by way of Special Resolution.
Bigul
15 Nov 2023

Shree Cement to increase share of premium products in total sales gradually by focusing on right pricing

 Plans to increase its production capacity to 56 mt by the end of the current financial year
Bigul
14 Nov 2023

SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

 Pursuant to regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulations, 2015, the transcript of the Conference Call held on 8th November, 2023 relating to the unaudited Standalone and Consolidated financial result of the Company for the quarter and half year ended 30th September, 2023 in enclosed.
Bigul
09 Nov 2023

Broker's call: Shree Cement (Hold)

 Axis Securities
Bigul
08 Nov 2023

SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 In continuation to our letter dated 3rd November, 2023, informing about a Conference Call to be held today, i.e. 8th November, 2023, relating to Financial Results of the Company for Quarter and half year ended on 30th September, 2023. In terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulations 2015, the audio recording of the earnings conference call available at below link: https://www.shreecement.com/uploads/investors_con_call/Investor_Con_Call_Q2_FY_2023- 24.mp3
Bigul
08 Nov 2023

Q2FY24 Quarterly Result Announced for Shree Cements Ltd.

 Shree Cements announced Q2FY24 results: Financial Performance: Net revenue up YoY by 21% from Rs 3,781 crore to Rs 4,585 crore Total sale volume increased YoY by 10% from 7.46 million tonnes to 8.20 million tonnes Capacity utilization improved from 65% to 71% on a YoY basis EBIDTA up YoY by 66% from Rs 523 crore to Rs 870 crore Operational Highlights: Total sale volume increased by 10% from 7.46 million tonnes to 8.20 million tonnes. Capacity utilization improved from 65% to 71% on a year-on-year basis. Sale of premium products accounted for 9.5% of total trade sales, up from 7.5% in the previous year. The Board of Directors approved the setting up of a brownfield cement grinding capacity of 3.40 million tonnes per annum at the existing facilities in Baloda Bazar district, Chhattisgarh, with an estimated capital expenditure of Rs 550 crore. The Board of Directors approved the merger of Shree Cement East Pvt. Ltd. and Shree Cement North Pvt. Ltd., wholly owned subsidiaries of the Company, into Shree Cement Ltd. subject to applicable regulatory requirements and sanction by National Company Law Tribunal(s) of relevant jurisdiction of the entities involved. Neeraj Akhoury, Managing Director, Shree Cement while commenting on the performance said, “We are excited to announce our Q2 performance with strong EBIDTA generation of Rs 870 crore on the back of volume growth of 10% and improved operational matrices. In our transformation journey, we have made significant progress in establishing world-class operational benchmarks, enhanced brand equity, and reduced environmental footprints. We continue to add world-class technology enablers to improve this performance further. We continually improve our volumes quarter over quarter. As the country enters into a multi-year strong demand cycle, we are aggressively marching ahead on our expansion plans to achieve our target of going beyond 80 million tons capacity by 2028. Result PDF
08 Nov 2023

Shree Cement shares trade flat after Q2 net profit zooms 159%

 Shree Cement trades at premium valuations due to cost leadership, efficient capital deployment, and higher capacity CAGR, said Motilal Oswal.
Bigul
07 Nov 2023

SHREE CEMENT LTD. - 500387 - Compliances-Reg. 54 - Asset Cover details

 Intimation of Security Cover under Regulation 54 of SEBI LODR, 2015
See all News

FAQs

The latest market price of Shree Cements Ltd. on NSE was Rs. 27826.95 as of today.

The opening share price of Shree Cements Ltd. was Rs. 28000.00 as of today.

The 52-week high share price of Shree Cements Ltd. was Rs. 28050.00.

The 52 week low share price of Shree Cements Ltd. was Rs. 21410.00.

Shree Cements Ltd. has a market cap of Rs. 100401.60 crore as of today. Please refer to the Fundamentals section for further details.

The PE ratio of Shree Cements Ltd. is 3.90. Please refer to the Fundamentals section for further details.

The operating revenue for Shree Cements Ltd. in the last FY was Rs.  19264.44 crore. Please refer to the Financials section for further details.

The Net Profit for Shree Cements Ltd. in the last FY was Rs. 1826.77 crore. Please refer to the Financials section for further details.

Please refer to Stock Ants, Bigul’s Community Access platform that aggregates tips and research from experts and provides real-time tracking to help investors validate, discover new investment ideas, and make informed decisions. Click here to learn more.

Please refer to Stock Ants, Bigul’s Community Access platform that aggregates tips and research from experts and provides real-time tracking to help investors validate, discover new investment ideas, and make informed decisions. Click here to learn more.

The latest dividend declared by Shree Cements Ltd. was on 2023-06-01 for Rs. 55 per share. According to today’s share price, the dividend yield of Shree Cements Ltd. stands at 0.40. Please refer to the Corporate Actions section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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Please refer to the News section for the latest news about Shree Cements Ltd..