Shree Cement Ltd Share Price

Q: What is the share price of Shree Cement Ltd today?

Shree Cement Ltd share price as on 22 Jan 2025 is ₹25163.45

Cement - Major - North India

NSE: SHREECEM Mid Cap ISIN: INE070A01015

As on 22 January 2025 at 13:04 IST

₹25,163.45

+ 76.70

(0.31%)

Sell Buy

About Shree Cement Ltd

Shree Cement Ltd. emerged as a formidable force in India’s building materials landscape, tracing its roots back to year 1979. Strategically positioned with its headquarters in the city of Beawar, Rajasthan, and a corporate nerve centre in Kolkata, West Bengal, the company has transformed from a regional player to a national cement manufacturing powerhouse. Shree Cement’s product portfolio extends beyond traditional cement offerings, featuring distinguished brands like Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak. Demonstrating strategic diversification, the company has also ventured into power generation through Shree Power. Read More...

Over 1 Month

-7.77%

Over 6 Months

-10.15%

Over 1 Year

-8.75%

Over 3 Years

0.20%

Shree Cement Ltd Summary

Close ₹ 25,163.45

Open ₹ 25,105.10

High ₹ 25,428

Low ₹ 25,025.40

Volume 13,867

Net Turnover (in ₹) ₹ 38,54,03,318

52Wk High ₹ 30,737.75

52Wk Low ₹ 23,500

52Wk High / Low

23,500

30,737.75

Shree Cement Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 90,514.87

EPS (TTM) 500.77

Book Value (BV) 5,709.59

Div. Yield 0.42 %

P/E (TTM) 50.20

Price/Book Value 4.40

Delivery % 44.30 %

Face Value 10

Key Ratios

PE Ratio 37.57

PB Ratio 4.55

EV to Sales 4.81

PEG Ratio 0.44

ROA 11.06

ROE 12.77

Debt-Equity 0.12

Net Profit Margin 10.04

Operating Profit Margin 20.03

Shree Cement Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	21,119.10	18,311.41	15,555.45	13,998.03	13,142.79
Total Expenses	18,159.90	16,816.37	12,663.63	10,993.95	11,208.53
Profit Before Tax	2,959.20	1,495.04	2,891.82	3,004.08	1,934.26
Profit After Tax	2,396.16	1,269.14	2,336.61	2,289.59	1,544.06
Operating Profit after Depreciation	3,217.54	1,757.91	3,107.94	3,255.37	2,225.69

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	9,590.91	7,480.87	7,282.24	6,216.25	6,163.02
Total Non Current Assets	15,741.26	17,366.01	15,278.55	13,325.84	12,050.33
Total Current Assets	12,212.21	8,967.93	8,470.33	8,187.33	7,893.82
TOTAL ASSETS	27,953.47	26,333.94	23,748.88	21,513.17	19,944.15
Total Shareholder's Fund	20,702.92	18,636.40	17,460.28	15,397.41	13,169.43

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	3,347.49	2,568.74	2,667.98	4,253.79	3,973.18
Net Cash used in Investing Activities	-1,417.87	-2,405.39	-2,142.88	-2,650.85	-5,590.27
Net Cash used in Financing Activities	-1,710.05	-276.71	-849.38	-1,232.64	1,581.06

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	20,146.62	17,269	14,843.22	13,101.76	12,175.62
Total Expenses	17,100.99	15,710.36	11,912.30	10,076.04	10,215.41
Profit Before Tax	3,045.63	1,558.64	2,930.92	3,025.72	1,960.21
Profit After Tax	2,468.44	1,328.13	2,376.62	2,311.93	1,570.18
Operating Profit after Depreciation	3,309.96	1,827.57	3,148.70	3,272.82	2,246.73

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	7,098.72	5,332.69	5,321.49	4,191.55	4,318.92
Total Non Current Assets	16,187.81	17,682.56	15,724.24	13,839.31	12,512.30
Total Current Assets	11,231.29	8,136.12	7,691.19	7,199.46	6,825.57
TOTAL ASSETS	27,419.10	25,818.68	23,415.43	21,038.77	19,337.87
Total Shareholder's Fund	20,384.49	18,288.44	17,270.87	15,250.07	12,936.42

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	3,303.62	2,704.32	2,722.85	4,093.61	3,751.38
Net Cash used in Investing Activities	-1,350.25	-2,408.88	-1,865.34	-2,867.88	-5,373.32
Net Cash used in Financing Activities	-1,793.69	-315.06	-858.42	-1,214.58	1,590.99

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	4,054.17	5,123.96	5,401.02	5,223.18	4,773.67
Total Expenses	3,440.69	4,196.78	3,979.19	3,959.23	3,887.63
Profit Before Tax	23.28	305.85	807.09	912.64	539.24
Profit After Tax	76.64	278.45	675.75	701.85	446.62
Operating Profit after Depreciation	794.86	1,066.31	1,571.46	1,411.42	1,017.99

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,727	4,834.69	5,072.68	4,900.82	4,559.95
Total Expenses	3,134.47	3,918.34	3,745.46	3,667.13	3,689.90
Profit Before Tax	44.76	350.84	772.24	966.38	596.52
Profit After Tax	93.13	317.71	661.76	734.23	491.33
Operating Profit after Depreciation	770.11	1,050.94	1,465.09	1,369.12	996.13

Shree Cement Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 24,881.23

S2 24,675.72

S3 24,341.33

Pivot 25,215.62

R1 25,421.13

R2 25,755.52

R3 25,961.03

Moving Average

20 SMA 25,738.97

50 SMA 25,956.92

100 SMA 25,627.25

200 SMA 25,870.58

Shree Cement Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Shree Cement Ltd

₹55/Share

Announcement Date 23 Jul 2024

Record Date 23 Jul 2024

Div Yield 550%

AGM Date: 28 Jul 2022

AGM 28/07/2022 In terms of the provisions of Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith Notice of the 43rd Annual General Meeting of the Company to be held on Thursday, 28th July, 2022 at 'Rangmanch Auditorium', Bangur Nagar, Beawar - 305 901, District Ajmer (Rajasthan) at 12.15 p.m. (IST) along with the Annual Report of the Company for the financial year 2021-22. Further, in terms of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules, 2014 (as amended), the Company has fixed Thursday, 21st July, 2022 as the cut-off date to determine the eligibility of the members to cast their vote by remote e-voting and voting during the AGM. Kindly find the same in order. (As Per BSE Announcement Dated on 04.07.2022) Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith copies of the advertisement published in English in 'The Financial Express' and in Hindi in 'Dainik Navajyoti' newspapers on 5th July, 2022 regarding the Notice of the 43rd Annual General Meeting scheduled to be held on Thursday, 28th July, 2022 at 'Rangmanch Auditorium', Bangur Nagar, Beawar - 305 901, District Ajmer (Rajasthan) at 12.15 p.m. (1ST). This is for your information and record. (As Per BSE Announcement Dated on 05/07/2022) Pursuant to the Finance Act, 2020, with effect from 1st April, 2020, dividend income is taxable in the hands of the Shareholders. In view of the same, please find enclosed herewith, an email communication which has been sent to all Shareholders whose email addresses are registered with the Company/Depositories. The communication shall also be placed on the Company''s website at https://www.shreecement.com/investors/shareholder-information. Please take the same on record. (As Per BSE Announcement Dated on 06.07.2022) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the Summary of Proceedings of the 43rd Annual General Meeting (AGM) of the Company held on Thursday, 28th July, 2022 at 12.15 PM at Registered office of the Company. Kindly take the same on record. (As Per BSE Announcement dated on 28.07.2022) Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, voting results of the Business transacted at the AGM of the Company held on 28th July, 2022 is enclosed at Annex-1. Report of the Scrutinizer in terms of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 is also enclosed at Annex-2. All the resolutions as set out in the Notice of the 43rd AGM have been approved by the shareholders with requisite majority. Kindly take the same on record Shree Cement Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, voting results of the Business transacted at the AGM of the Company held on 28th July, 2022 is enclosed at Annex-1. Report of the Scrutinizer in terms of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 is also enclosed at Annex-2. All the resolutions as set out in the Notice of the 43rd AGM have been approved by the shareholders with requisite majority. Kindly take the same on record (As per BSE Announcement Dated on 29/07/2022)

AGM Date: 26 Jul 2023

In terms of the provisions of Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith Notice of the 44th Annual General Meeting of the Company to be held on Wednesday, 26th July, 2023 at 'Rangmanch Auditorium', Bangur Nagar, Beawar - 305 901 (Rajasthan) at 11.00 AM (IST) along with the Integrated Annual Report of the Company for the financial year 2022-23. Further, in terms of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules, 2014 (as amended), the Company has fixed Wednesday, 19th July, 2023 as the cut-off date to determine the eligibility of the members to cast their vote by remote e-voting and voting during the AGM. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith copies of the advertisement published in English 'Business Standard' and in Hindi 'Dainik Navajyoti' newspapers on 3rd July, 2023 regarding the Notice of the 44th Annual General Meeting scheduled to be held on Wednesday, 26th July, 2023 at 'Rangmanch Auditorium', Bangar Nagar, Beawar - 305901 (Rajasthan) at 11.00 A.M. (IST). (As Per BSE Announcement Dated on 03/07/2023) SHREE CEMENT LIMITED has informed BSE about Notice of Shareholders Meeting for Annual General Meeting. (As Per BSE Announcement Dated on 15.07.2023) Summary of Proceedings of the 44th Annual General Meeting of the Company held on 26th July, 2023. (As Per BSE Announcement dated on 26.07.2023) Pursuant to regulation 44(3) of the SEBI LODR (Listing Obligations and Disclosure Requirements) Regulations, 2015, voting results of the Business transacted at the AGM of the Company held on 26th July, 2023 is enclosed in Annex-1. Report of the Scrutinizer in terms of Section 108 of the Companies act, 2013 read with the rule 20 of the Companies (Management and administration) rules, 2014 is also enclosed at Annex-2. All the resolutions as set out in the notice of the 44th AGM have been approved by the shareholders with requisite majority. Pursuant to regulations 44(3) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, voting results of the Business transacted at the AGM of the Company held on 26th July, 2023 is enclosed at Anne-1. Report of the Scrutinizer in terms of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 is also enclosed at Anne-2. All the resolutions as set out in the notice of the 44th AGM have been approved by the shareholders with requisite majority. (As Per BSE Announcement Dated on 27.07.2023)

AGM Date: 06 Aug 2024

AGM 06/08/2024 In terms of the provisions of Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith Notice of the 45th Annual General Meeting of the Company to be held on Tuesday, 6th August, 2024 at 'Rangmanch Auditorium', Bangur Nagar, Beawar - 305 901, Rajasthan at 11:30 A.M. (IST) along with the Annual Report of the Company for the financial year 2023-24. Further, in terms of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules, 2014 (as amended), the Company has fixed Tuesday, 30th July, 2024 as the cutoff date to determine the eligibility of the members to cast their vote by remote e-voting and voting during the AGM. (As Per BSE Announcement Dated on: 12/07/2024) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the Summary of Proceedings of the 45th Annual General Meeting (AGM) of the Company held on Tuesday, 6th August, 2024 at 11:30 AM at Registered office of the Company. (As per BSE Announcement Dated on 06/08/2024)

Shree Cement Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Shree Cement Ltd	₹25,140.90	₹90,710.25
UltraTech Cement Ltd	₹10,665.90	₹3,07,924.60
Ambuja Cements Ltd	₹531.60	₹1,30,939.64
ACC Ltd	₹2,017.60	₹37,887.96
J K Cements Ltd	₹4,588.30	₹35,452.99
Dalmia Bharat Ltd	₹1,770.90	₹33,215.91

Shree Cement Ltd News

Shree Cement to discuss results

On 30 January 2025

27 Dec 2024, 10:41 am

Shree Cement hits 52-week low after Q2 PAT dives 81% YoY

Shree Cement declined 1.38% to Rs 24,082.65 after the cement maker's standalone net profit tumbled 81.05% to Rs 93.13 crore on 18.27% decrease in revenue from operations to Rs 3,727 crore in Q2 FY25 over Q2 FY24.

12 Nov 2024, 12:22 pm

Shree Cement to convene board meeting

On 11 November 2024

27 Sep 2024, 10:14 am

Shree Cement Q1 PAT drops 45% YoY to Rs 318 cr

The cement maker's standalone net profit tumbled 45.33% to Rs 317.71 crore on 2.74% decline in revenue from operations to Rs 4,834.69 crore in Q1 FY25 over Q1 FY24.

06 Aug 2024, 04:59 pm

Shree Cement to conduct AGM

On 6 August 2024

11 Jul 2024, 11:04 am

Shree Cement Ltd Stock Analysis

Annual revenue for Shree Cement Ltd increased by 16.66% to ₹20,146.62 crore in FY 2024 from ₹17,269 crore in FY 2023.
Annual Net Profit for Shree Cement Ltd increased by 85.86% to ₹2,468.44 crore in FY 2024 from ₹1,328.13 crore in FY 2023.
Promoter Shareholding in Shree Cement Ltd remains unchanged by 0.00% in the most recent quarter, from 62.55% in September 2024 to 62.55% in December 2024.
Shree Cement Ltd delivered a 1-year return of -8.75% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Shree Cement Ltd share price moved up by 0.31% from its previous close of INR ₹25,086.75. The latest Shree Cement Ltd share price is INR ₹25,163.45.
Shree Cement Ltd share price today has been at a low of 25,025.40 and a high of 25,428. Over the past 52 weeks, the Shree Cement Ltd share price has seen a low of 23,500 and a high of 30,737.75.

About Shree Cement Ltd

Shree Cement Ltd. emerges as a formidable force in India’s building materials landscape, tracing its roots back to 1979. Strategically positioned with its headquarters in Beawar, Rajasthan, and a corporate nerve centre in Kolkata, West Bengal, the company has transformed from a regional player to a national cement manufacturing powerhouse.

The top promoters of Shree Cement are Shree Capital Services Ltd and Digvijay Finlease Limited. They own 24.90% and 11.74% of the company’s total equity, respectively. The Bangur family is at the helm of the organization. The company is led by the Chairman, Benu Gopal Bangur, while Hari Mohan Bangur holds the position of Managing Director. They have been instrumental in driving the company’s remarkable growth trajectory. There are also other managerial promoters who have contributed to the success of the company. They are

Neeraj Akhoury
Zubair Ahmed
Shreekant Somany

The management team’s leadership has propelled Shree Cement to become the third-largest cement producer in India by capacity and the second-largest by market cap.

The company’s product portfolio extends beyond traditional cement offerings. It features distinguished brands like Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak, demonstrating their strategic diversification. Shree Cement has also ventured into power generation through Shree Power. These offerings as a whole showcase the company’s commitment to integrated business solutions.

With an impressive installed cement production capacity of 50.4 million tonnes per annum (MTPA), Shree Cement has established itself as a significant player in the building materials sector. The company’s success is underpinned by a relentless focus on innovation and sustainable manufacturing practices.

The registered office of Shree Cement is located at Bangur Nagar, Ajmer District, Rajasthan. Meanwhile, the registrars are based in L.B.S. Marg, Vikhroli (West), Mumbai.

Overall, Shree Cement’s journey represents more than a business success story. It embodies the transformation of India’s building materials industry through vision, innovation, and sustainable practices.

Foundations of Success - Shree Cement’s Strategic Vision

Shree Cement Ltd. has established itself as a leading player in the Indian cement industry thanks to its strategic vision and relentless pursuit of excellence. Founded in 1979, the company has grown significantly. Shree Cement’s journey is a testament to its innovative approach and focus on operational efficiency.

From its humble beginnings in 1979, Shree Cement has come a long way. The company’s initial focus was on producing high-quality cement to cater to the growing construction needs of India. Over the years, Shree Cement expanded its production capacity and diversified its product portfolio to include various types of cement, such as Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak. This diversification allowed the company to cater to different market segments.

One of the key factors behind Shree Cement’s success has been its strategic investments in technology and infrastructure. The company has invested in new manufacturing facilities to enhance its production capabilities. Additionally, Shree Cement has adopted innovative technologies to optimize its operations and reduce costs. These investments have enabled the company to improve its overall efficiency.

Shree Cement’s strategic vision has enabled it to become the third-largest cement producer in India by capacity and the second-largest by market capitalization. The company has an installed cement production capacity of 50.4 million tonnes per annum (MTPA). This strong market position is a result of Shree Cement’s focus on innovation and customer satisfaction. It also showcases the company’s ability to adapt to changing market conditions and respond to their customers' needs.

Innovation is at the heart of Shree Cement’s product development strategy. The company continuously works on developing new and improved products to meet the evolving needs of its customers. For example, Shree Ultra Jung Rodhak cement is designed to offer superior corrosion resistance. This makes it ideal for construction in coastal areas. Similarly, Bangur Cement and Rockstrong Cement are known for their high strength and durability, making them popular choices for various construction projects. As a result, Shree Cement ensures that it remains a preferred choice among customers.

Shree Cement’s commitment to operational efficiency has been a critical factor in its success. The company has implemented various measures to streamline its operations and reduce costs. For instance, Shree Cement uses advanced process automation and control systems to optimize its manufacturing processes. The company has adopted lean manufacturing principles to minimize waste and improve productivity. These initiatives have helped Shree Cement maintain its competitive edge.

The success of Shree Cement can be attributed to its strong leadership and visionary management team. The company is led by the Bangur family, with Benu Gopal Bangur serving as the Executive Chairman and Hari Mohan Bangur as the Managing Director. Under their leadership, Shree Cement has grown from a small regional player to a national leader in the cement industry. The management team’s focus on strategic planning and customer-centricity has been instrumental in driving the company’s growth and success.