Saurashtra Cement Limited

NSE: SAURASHCEM · Cement & Cement Products · sector

₹47.04NSE close 2026-10-26

Key numbers

Market cap₹523 cr

Price₹47.04

52w high / low₹106 / ₹45

P/E78.4xSector median 21.5x

P/B0.5xSector median 1.4x

Book value₹86.4

Dividend yield–Sector median 0.64%

ROE0.7%Sector median 7.3%

ROCE0.2%Sector median 6.3%

OPM1.7%Sector median 10.9%

Debt / equity0.11xSector median 0.48x

EV/EBITDA14.4xSector median 14.1x

Interest cover0.2x

Current ratio1.18x

Sales growth 3y–Sector median +1.9%

Profit growth 3y–Sector median +16.8%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹224 cr vs borrowings ₹106 cr (FY26): cash is higher (net cash).
Operating profit covered interest 0.2x in the last 12 months.
Operating cash flow was below net profit in 0 of the last 3 years.
Net loss in 4 of the last 8 quarters.
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 281% of net profit in the last 12 months.
Dividend paid in 1 of the last 3 financial years.
Price ₹47.04 on 2026-10-26: -55.5% from the 52-week high, +4.2% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹124.71 · low ₹47.04

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	296	378	478	424	386	410	447	457
EBITDA	-40	8	62	35	-10	-6	23	21
OPM %	-13.4%	2.1%	12.9%	8.2%	-2.5%	-1.4%	5.1%	4.5%
Other income	4	3	4	5	5	5	4	5
Net profit	-31	-4	33	17	-11	-10	19	9
EPS (₹)	-2.83	-0.39	2.96	1.52	-0.99	-0.92	1.69	0.82
Revenue YoY					+30.2%	+8.7%	-6.6%	+7.8%
Profit YoY					–	–	-42.8%	-45.8%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY24	FY25	FY26	TTM
Revenue	1,765	1,538	1,666	1,699
EBITDA	110	53	42	28
Net profit	57	7	14	7
EPS (₹)	5.11	0.63	1.30	0.60
Revenue growth		-12.9%	+8.4%	+7.9%
Profit growth		-87.7%	+106.6%	-52.1%
Dividend / share (₹)	–	1.00	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+7.9%
Net profit	–	–	-52.1%
EPS	–	–	–
Share price	–	-38.7% (2y)	-54.9%

Balance sheet

₹ cr	FY24	FY25	FY26
Shareholders' equity	928	947	962
Borrowings	84	134	106
Cash & equivalents	249	236	224
Total assets	1,571	1,603	1,588
Fixed assets	844	903	882
Capital work in progress	30	30	37
Investments	0	0	0
Receivables	88	101	101
Inventory	263	251	248
Payables	204	201	201

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY24	FY25	FY26
Cash from operations	155	30	36
Cash from investing	-157	-5	19
Cash from financing	3	27	-37
Capex	68	86	29
Free cash flow	87	-56	7

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY24	FY25	FY26
ROE %	6.1%	0.7%	1.5%
ROCE %	9.7%	2.6%	1.6%
Debtor days	18	24	22
Inventory days	333	340	264
Payable days	259	272	214
Cash conversion cycle (days)	92	92	72
Working capital days	21	20	20

Shareholding

Holder	% (2026-09-30)
Promoters	66.62%
FIIs	0.01%
DIIs	0.12%
of which Mutual funds	0.00%
of which Insurance	0.12%
Government	0.00%
Public (non-institutions)	33.25%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	66.77%	66.70%	66.70%	66.70%	66.70%	66.62%	66.62%	66.62%

Promoter group	%
Mehta Investments Mauritius Limited	18.63%
The Mehta International Mauritius Ltd	15.23%
Galaxy Technologies Private Limited	14.57%
Omna Enterprises LLP	9.46%
Gujarat Industrial Investment Corporation Limited	4.60%
Arjun Jay Mehta	1.51%
Jahnavi Mehta	1.49%
Promilla Subhashchandra Khanna	0.49%
Arja Shridhar	0.18%
Medhavini Dhirendra Mehta	0.08%
Anandita Sudhir Shah	0.08%
Hemang Dhirendra Mehta	0.07%
Juhi Chawla Mehta	0.07%
Treasurers Trading Limited	0.06%
Jay Mahendra Mehta	0.04%

Public holders above 1%	%
Toro Managers Limited	2.21%

49,339 shareholders. Pledged: – of promoter shares.

Peers in Cement & Cement Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
ULTRACEMCO	₹3,29,452 cr	37.4x	4.5x	12.1%	13.5%	19.0%	+11.9%	0.69%
GRASIM	₹2,00,762 cr	35.1x	1.9x	5.7%	5.9%	14.2%	+14.2%	0.83%
AMBUJACEM	₹91,448 cr	20.8x	1.5x	7.8%	4.8%	14.6%	+1.4%	0.62%
SHREECEM	₹84,932 cr	52.1x	3.6x	7.3%	9.6%	20.9%	+5.5%	0.60%
JKCEMENT	₹38,133 cr	40.3x	5.4x	14.4%	13.7%	15.9%	+12.2%	0.30%
DALBHARAT	₹30,890 cr	32.6x	1.7x	2.3%	6.9%	18.5%	+3.0%	0.55%
ACC	₹21,934 cr	11.5x	1.1x	9.8%	9.2%	10.4%	+5.3%	0.64%
RAMCOCEM	₹17,620 cr	27.3x	2.2x	8.3%	10.1%	20.7%	+3.4%	0.27%
JSWCEMENT	₹15,880 cr	20.5x	2.4x	11.6%	9.8%	17.2%	–	–
SAURASHCEM	₹523 cr	78.4x	0.5x	0.7%	0.2%	1.7%	–	–

All 38 companies in Cement & Cement Products →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Cement and Cement Related Products	₹1,590 cr	95.4%	₹42 cr	2.7%
Paints	₹76 cr	4.6%	₹-25 cr	-33.0%
Others - Subsidiary Company	₹0 cr	–	₹-0 cr	–

Dividends & corporate actions

Ex-date	Action	Detail
2024-08-14	Other	Annual General Meeting
2024-08-14	Dividend	Dividend - Re 1 Per Share
2000-11-29	Other	Agm
1999-11-24	Other	Agm

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Cement & Cement Products
Sub-industry	Cement & Cement Products
Symbol	SAURASHCEM
BSE code	502175
ISIN	INE626A01014
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.