Shree Digvijay CEM Co Ltd
NSE: SHREDIGCEM · Cement & Cement Products · sector
₹53.66NSE close 2026-10-26
Key numbers
Market cap₹794 cr
Price₹53.66
52w high / low₹94 / ₹54
P/E44.0xSector median 21.5x
P/B2.2xSector median 1.4x
Book value₹24.7
Dividend yield2.80%Sector median 0.64%
ROE4.9%Sector median 7.3%
ROCE5.1%Sector median 6.3%
OPM8.5%Sector median 10.9%
Debt / equity1.40xSector median 0.48x
EV/EBITDA17.1xSector median 14.1x
Interest cover2.2x
Current ratio2.74x
Sales growth 3y+1.0%Sector median +1.9%
Profit growth 3y-24.5%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 ₹5 cr vs borrowings ₹513 cr (FY26): borrowings are higher by ₹508 cr.
- Operating profit covered interest 2.2x in the last 12 months.
- Promoter holding rose by 9.05 percentage points in a year, to 63.71% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 21% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹53.66 on 2026-10-26: -42.9% from the 52-week high, 0.0% 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 ₹98.11 · low ₹53.66
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 145 | 187 | 216 | 196 | 161 | 183 | 208 | 337 |
| EBITDA | 8 | -0 | 28 | 24 | 19 | 2 | 25 | 29 |
| OPM % | 5.6% | -0.1% | 12.8% | 12.1% | 12.0% | 1.3% | 11.9% | 8.7% |
| Other income | 1 | 2 | 5 | 1 | 1 | 1 | 0 | 1 |
| Net profit | 0 | -5 | 18 | 14 | 10 | -7 | 8 | 7 |
| EPS (₹) | 0.03 | -0.33 | 1.24 | 0.93 | 0.69 | -0.47 | 0.54 | 0.46 |
| Revenue YoY | +11.1% | -1.8% | -3.7% | +72.1% | ||||
| Profit YoY | +2,520.5% | – | -56.8% | -50.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 629 | 727 | 792 | 725 | 749 | 890 |
| EBITDA | 117 | 101 | 146 | 57 | 71 | 76 |
| Net profit | 55 | 58 | 88 | 25 | 25 | 18 |
| EPS (₹) | 3.86 | 0.00 | 6.01 | 1.71 | 1.69 | 1.22 |
| Revenue growth | +15.5% | +9.0% | -8.4% | +3.3% | +19.6% | |
| Profit growth | +5.1% | +51.1% | -71.3% | -0.9% | -35.0% | |
| Dividend / share (₹) | 4.00 | 3.50 | 2.50 | 3.00 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.0% | +8.3% | +19.6% |
| Net profit | -24.5% | -14.3% | -35.0% |
| EPS | – | -14.9% | – |
| Share price | – | -18.4% (2y) | -32.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 325 | 382 | 364 | 366 |
| Borrowings | – | 0 | 0 | 110 | 513 |
| Cash & equivalents | – | 108 | 14 | 50 | 5 |
| Total assets | – | 468 | 535 | 695 | 1,058 |
| Fixed assets | – | 170 | 159 | 152 | 392 |
| Capital work in progress | – | 3 | 34 | 211 | 4 |
| Investments | – | 0 | 2 | 2 | 3 |
| Receivables | – | 22 | 32 | 18 | 37 |
| Inventory | – | 115 | 133 | 110 | 111 |
| Payables | – | 63 | 67 | 131 | 90 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 57 | 86 | 96 | 135 | -411 |
| Cash from investing | -40 | -37 | -61 | -164 | -8 |
| Cash from financing | -56 | -50 | -34 | 65 | 373 |
| Capex | 35 | 21 | 59 | 183 | 79 |
| Free cash flow | 22 | 66 | 37 | -48 | -490 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 17.9% | 23.0% | 6.9% | 6.8% |
| ROCE % | – | 22.4% | 31.5% | 7.9% | 4.9% |
| Debtor days | – | 11 | 15 | 9 | 18 |
| Inventory days | – | 338 | 322 | 232 | 216 |
| Payable days | – | 184 | 161 | 277 | 175 |
| Cash conversion cycle (days) | – | 165 | 176 | -36 | 59 |
| Working capital days | – | 67 | 63 | 33 | 181 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 63.71% |
| FIIs | 0.58% |
| DIIs | 1.70% |
| of which Insurance | 0.00% |
| Public (non-institutions) | 34.01% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.68% | 54.68% | 54.66% | 54.66% | 45.12% | 59.20% | 63.71% | 63.71% |
| Promoter group | % |
|---|---|
| India Resurgence Fund 2-Scheme 2 | 49.23% |
| India Resurgence Fund - Scheme 1 | 11.61% |
| India Resurgence Fund 2 - Scheme 4 | 2.86% |
| Public holders above 1% | % |
|---|---|
| Hitesh Ramji Javeri | 1.50% |
78,915 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% | – | – |
| SHREDIGCEM | ₹794 cr | 44.0x | 2.2x | 4.9% | 5.1% | 8.5% | +1.0% | 2.80% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Cement Business | ₹749 cr | 100.0% | ₹43 cr | 5.8% |
| Others | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-09 | Dividend | Dividend - Re 1 Per Share |
| 2025-08-22 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-07-19 | Dividend | Dividend - Rs 3 Per Share |
| 2023-06-21 | Dividend | Dividend - Rs 2.50 Per Share |
| 2022-11-01 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2022-06-10 | Dividend | Dividend - Rs 2 Per Share |
| 2021-11-02 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2021-06-10 | Dividend | Dividend - Rs 2.50 Per Share |
| 2020-06-22 | Dividend | Dividend - Rs 1.50 Per Share |
| 1997-10-01 | Other | Allotment Of Shares Of Gujarat Composite Ltd & Digvijay Finlease Ltd To The Shareholders Of The Company |
| 1996-12-04 | Other | Nil |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Cement Manufacturing
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | SHREDIGCEM |
| BSE code | 502180 |
| ISIN | INE232A01011 |
| Face value | ₹10.0 |
| Incorporated | 1944-11-06 |
| Website | www.digvijaycement.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
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.