Shree Cement Limited
NSE: SHREECEM · Cement & Cement Products · sector
₹23,540.00NSE close 2026-10-26
Key numbers
Market cap₹84,932 cr
Price₹23,540.00
52w high / low₹29,425 / ₹21,355
P/E52.1xSector median 21.5x
P/B3.6xSector median 1.4x
Book value₹6,448.9
Dividend yield0.60%Sector median 0.64%
ROE7.3%Sector median 7.3%
ROCE9.6%Sector median 6.3%
OPM20.9%Sector median 10.9%
Debt / equity0.07xSector median 0.48x
EV/EBITDA17.0xSector median 14.1x
Interest cover10.7x
Current ratio2.16x
Sales growth 3y+5.5%Sector median +1.9%
Profit growth 3y+11.1%Sector median +16.8%
PEG4.68x
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 ₹8,694 cr vs borrowings ₹1,594 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 10.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 39% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹23,540.00 on 2026-10-26: -20.0% from the 52-week high, +10.2% 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 ₹32,345.00 · low ₹21,900.00
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,054 | 4,573 | 5,532 | 5,281 | 4,761 | 4,801 | 6,101 | 6,233 |
| EBITDA | 613 | 965 | 1,429 | 1,333 | 974 | 947 | 1,384 | 1,272 |
| OPM % | 15.1% | 21.1% | 25.8% | 25.2% | 20.5% | 19.7% | 22.7% | 20.4% |
| Other income | 181 | 111 | 158 | 235 | 179 | 146 | 101 | 212 |
| Net profit | 76 | 193 | 574 | 643 | 309 | 267 | 526 | 529 |
| EPS (₹) | 202.41 | 268.34 | 159.17 | 178.12 | 85.50 | 73.92 | 145.70 | 146.67 |
| Revenue YoY | +17.4% | +5.0% | +10.3% | +18.0% | ||||
| Profit YoY | +303.6% | +37.9% | -8.5% | -17.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 15,010 | 17,852 | 20,521 | 19,283 | 20,943 | 21,896 |
| EBITDA | 3,708 | 2,960 | 4,517 | 3,934 | 4,638 | 4,577 |
| Net profit | 2,332 | 1,271 | 2,396 | 1,123 | 1,744 | 1,630 |
| EPS (₹) | 646.31 | 352.18 | 663.98 | 311.18 | 483.24 | 451.79 |
| Revenue growth | +18.9% | +14.9% | -6.0% | +8.6% | +12.6% | |
| Profit growth | -45.5% | +88.5% | -53.1% | +55.3% | +9.6% | |
| Dividend / share (₹) | 105.00 | 90.00 | 105.00 | 105.00 | 140.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.5% | +9.2% | +12.6% |
| Net profit | +11.1% | -5.3% | +9.6% |
| EPS | +11.1% | -5.3% | – |
| Share price | – | -4.2% (2y) | -22.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 18,636 | 20,703 | 21,538 | 23,268 |
| Borrowings | – | 2,540 | 1,475 | 817 | 1,594 |
| Cash & equivalents | – | 3,559 | 5,686 | 6,746 | 8,694 |
| Total assets | – | 26,334 | 27,953 | 28,492 | 31,476 |
| Fixed assets | – | 7,406 | 9,467 | 9,221 | 11,090 |
| Capital work in progress | – | 2,797 | 1,930 | 3,796 | 1,466 |
| Investments | – | 5,285 | 2,292 | 1,396 | 1,919 |
| Receivables | – | 1,212 | 1,287 | 1,401 | 1,827 |
| Inventory | – | 2,760 | 3,555 | 2,444 | 2,774 |
| Payables | – | 1,196 | 1,214 | 1,361 | 1,622 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 2,668 | 2,569 | 3,347 | 4,920 | 3,794 |
| Cash from investing | -2,151 | -2,414 | -1,418 | -3,728 | -3,740 |
| Cash from financing | -849 | -277 | -1,710 | -1,296 | -110 |
| Capex | 2,218 | 3,314 | 3,200 | 4,105 | 1,909 |
| Free cash flow | 450 | -746 | 147 | 816 | 1,885 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.8% | 11.6% | 5.2% | 7.5% |
| ROCE % | – | 8.3% | 14.5% | 6.8% | 10.1% |
| Debtor days | – | 25 | 23 | 27 | 32 |
| Inventory days | – | 703 | 827 | 444 | 469 |
| Payable days | – | 305 | 282 | 247 | 274 |
| Cash conversion cycle (days) | – | 423 | 568 | 224 | 227 |
| Working capital days | – | 46 | 108 | 120 | 141 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 62.55% |
| FIIs | 8.45% |
| DIIs | 16.48% |
| of which Mutual funds | 11.49% |
| of which Insurance | 4.13% |
| Government | 0.00% |
| Public (non-institutions) | 12.52% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.55% | 62.55% | 62.55% | 62.55% | 62.55% | 62.55% | 62.55% | 62.55% |
| Promoter group | % |
|---|---|
| Shree Capital Services Ltd | 24.90% |
| Digvijay Finlease Limited | 11.74% |
| Mannakrishna Investments Pvt Ltd | 5.66% |
| Newa Investments Pvt Ltd | 3.81% |
| Ragini Finance Private Limited | 3.52% |
| Didu Investments Pvt Ltd | 3.25% |
| N.B.I. Industrial Finance Company Ltd | 2.91% |
| Harimohan Bangur | 1.35% |
| The Venktesh Co Private Limited | 1.28% |
| Prashant Bangur | 1.08% |
| Rajesh Vanijya P Ltd | 1.02% |
| The Didwana Investment Company Limited | 0.91% |
| Asish Creations Private Limited | 0.58% |
| Rajkamal Devi Bangur | 0.35% |
| Ranu Bangur | 0.19% |
| Public holders above 1% | % |
|---|---|
| FLT Limited | 9.98% |
| SBI Mutual Fund | 4.74% |
| Life Insurance Corporation of India | 3.86% |
| ICICI Prudential Mutual Fund | 3.77% |
| Nippon LifeIndia Trustee Ltd. | 1.37% |
| T. Rowe Price Emerging Markets Discovery Stock Trust | 1.32% |
28,948 shareholders. Pledged: 0.00% 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% | – | – |
| NUVOCO | ₹12,160 cr | 29.4x | 1.3x | 4.4% | 6.8% | 15.9% | +2.3% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 70 Per Share |
| 2025-11-03 | Dividend | Interim Dividend - Rs 80 Per Share |
| 2025-07-21 | Dividend | Dividend - Rs 60 Per Share |
| 2025-02-05 | Dividend | Interim Dividend - Rs 50 Per Share |
| 2024-07-23 | Dividend | Dividend - Rs 55 Per Share |
| 2024-02-08 | Dividend | Interim Dividend - Rs 50 Per Share |
| 2023-06-01 | Dividend | Interim Dividend - Rs 55 Per Share |
| 2023-02-16 | Dividend | Interim Dividend - Rs 45 Per Share |
| 2022-07-13 | Dividend | Dividend - Rs 45 Per Share |
| 2022-02-10 | Dividend | Interim Dividend - Rs 45 Per Share |
| 2021-07-22 | Dividend | Dividend - Rs 60 Per Share |
| 2020-02-24 | Dividend | Interim Dividend - Rs 110 Per Share |
| 2019-07-31 | Dividend | Dividend - Rs 35 Per Share |
| 2019-01-29 | Dividend | Interim Dividend - Rs 25 Per Share |
| 2018-07-20 | Dividend | Dividend- Rs 30 Per Share |
| 2018-01-18 | Dividend | Interim Dividend - Rs 20 Per Share (Purpose Revised) |
| 2017-07-21 | Dividend | Dividend - Rs 24 Per Share |
| 2017-02-06 | Dividend | Special Dividend Rs 100/- Per Share (Purpose Revised) |
| 2016-08-22 | Dividend | Interim Dividend - Rs 16/- Per Share (Purpose Revised) |
| 2016-08-04 | Other | Annual General Meeting |
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: Manufacturing and Sale of Cement and Clinker
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | SHREECEM |
| BSE code | 500387 |
| ISIN | INE070A01015 |
| Face value | ₹10.0 |
| Incorporated | 1979-10-25 |
| Website | www.shreecement.com |
| Plants (India / abroad) | 24 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.