Analyst Rating
based on 38 analysts
42.11%
Buy
34.21%
Hold
23.68%
Sell
Based on 38 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹26517.87
Source: S&P Global Market Intelligence
Shree Cement Ltd Share analysis
Shree Cement Ltd price forecast by 38 analysts
Upside of5.75%
High
₹30050
Target
₹26517.87
Low
₹18000
Shree Cement Ltd target price ₹26517.87, a slight upside of 5.75% compared to current price of ₹24931.7. According to 38 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Shree Cement Ltd revenue growth forecast
Expected growth rate Q1, FY2026:10.72%
Forecast
Actual
Including amortisation and stock based compensations
Shree Cement Ltd EPS growth forecast
EPS estimate Q1, FY2026:4.28%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹24,690.7₹25,327.2552 Week's Low
52 Week's High
₹23,700₹30,737.75
| Returns % | |
| 1 Month Return | + 0.92 % |
| 3 Month Return | -8.62 % |
| 1 Year Return | -3.95 % |
| Market Stats | |
| Previous Close | ₹25,076.65 |
| Open | ₹25,111.00 |
| Volume | 20.39K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹90,478.43Cr |
Key Statistics
| P/E Ratio | 43.04 |
| PEG Ratio | 0.29 |
| Market Cap | ₹90,478.43 Cr |
| P/B Ratio | 4.55 |
| EPS | 664.12 |
| Dividend Yield | 0.41 |
| Sector | Cement |
| ROE | 12.77 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹90,478.43 Cr | 7.98% | 0.54 | ₹2,396 Cr | ₹20,520 Cr | |
| BUY | ₹1,83,230.89 Cr | 57.8% | 0.58 | ₹9,925 Cr | ₹1,30,978 Cr | |
| BUY | ₹1,52,738.29 Cr | 44.66% | 0.51 | ₹4,738 Cr | ₹33,159 Cr | |
| BUY | ₹3,35,780.96 Cr | 40.17% | 0.57 | ₹7,003 Cr | ₹70,908 Cr | |
| BUY | ₹46,522.42 Cr | 13.5% | 0.52 | ₹2,336 Cr | ₹19,958 Cr |
Company Information
Shree Cement is known for its high-quality products, which include Portland Pozzolana Cement, Ordinary Portland Cement, and Portland Slag Cement. The company also produces Ready Mix Concrete, Fly Ash, and GGBS. Its popular brands include Bangur Cement, Rockstrong Cement, Shree Concreel HD, and Shree Ultra.
Share Price: ₹24931.70 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹90,478.43Cr as of today
Revenue: ₹5,123.96Cr as on June 2024 (Q2 24)
Net Profit: ₹278.45Cr as on June 2024 (Q2 24)
Listing date: 12 Jan, 1995
Chairperson Name: B G Bangur
| Organisation | Shree Cement Ltd |
| Headquarters | Kolkata |
| Industry | Cement |
| E-voting on shares | Click here to vote |
Key events for Shree Cement Ltd
Shree Cement Shows Strong Bullish Momentum - 31 Aug, 2024
Shree Cement is on a bullish trajectory, supported by a rising RSI and increasing volumes. A buy recommendation at Rs 25,484 is advised, with targets of Rs 26,000 and Rs 26,200, while a stop-loss at Rs 25,100 is suggested to mitigate risks.
Shree Cement Faces Emissions Intensity Challenges - 26 Aug, 2024
Shree Cement's emissions intensity increased to 552 kg CO2e/tonne in FY24 from 535 kg CO2e/tonne, indicating potential challenges in carbon efficiency. The company is investing in Waste Heat Recovery Systems (WHRS) to reduce fossil fuel reliance.
Shree Cement Faces Challenges Amidst Revised Targets - 13 Aug, 2024
Prabhudas Lilladher maintains an 'Accumulate' rating for Shree Cement, revising the target price to Rs 27,524 due to weaker near-term pricing and volume growth expectations. The company anticipates industry growth rates for FY25, with a focus on cost efficiencies and green power initiatives. However, intensifying competition may impact earnings outlook.
Shree Cement Faces Downgrade Amid Weak Q1 Results - 12 Aug, 2024
Shree Cement's Q1FY25 results missed projections, leading KR Choksey to downgrade its rating to ACCUMULATE and reduce the target price to Rs 26,083. Sharekhan maintains a BUY rating but revises the target to Rs 28,000, citing weaker demand and higher operating expenses.
Shree Cement Reports Mixed Q1 Results - 11 Aug, 2024
Shree Cement's consolidated net profit fell by 51.31% to Rs 278.45 crore in the June quarter, despite a 1.73% increase in revenue to Rs 5,123.96 crore. The total sale volume rose by 8% from 8.92 MT to 9.64 MT.
Shree Cement Shows Strong Long-Term Returns - 10 Aug, 2024
Shree Cement has delivered 571 times returns since 2002, with shares trading at Rs 24,282.60. However, the stock has seen a minor decline of 0.23% over the past year.
Shree Cement Faces Competition Challenges in North Market - 09 Aug, 2024
Shree Cement, a leading cement producer in India, reported facing constraints in the northern market due to strong competition from Ambuja Cement and UltraTech Cement.
Shree Cement Faces Decline After Weak Q1 Results - 08 Aug, 2024
Shree Cement's Q1 results showed a 51% YoY decline in PAT, leading to a 13% drop in stock over six days. Motilal Oswal maintains a Neutral rating with a target price of Rs 27,500.
Shree Cement Reports Significant Profit Decline in Q1 - 07 Aug, 2024
Shree Cement's Q1 results reveal a 51.31% profit drop to Rs 278.45 crore, despite a slight revenue increase. Nomura maintains a Buy rating with a target of Rs 33,400, highlighting ongoing capacity expansions. The stock has seen negative returns of -4.44% in the past week.
Shree Cement Reports Significant Profit Decline in Q1 - 06 Aug, 2024
Shree Cement Ltd's consolidated net profit fell 51.31% to Rs 278.45 crore in Q1 FY25, despite a 1.73% increase in revenue. Total expenses rose by 10.05%. The company aims to optimize production and expand market share amid sluggish demand.
Insights on Shree Cement Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 7.55% to 7.91% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 62.55% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 44.8% return, outperforming this stock by 48.8%
- NO EFFECT
Against Peers
In the last 3 years, Grasim Industries Ltd has given 77.3% return, outperforming this stock by 94.0%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 5.55K Cr → 5.26K Cr (in ₹), with an average decrease of 5.2% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, SHREECEM stock has moved down by -3.6%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 12.63% to 12.58% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 701.89 Cr → 278.61 Cr (in ₹), with an average decrease of 31.3% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.48% to 11.85% in Jun 2024 quarter
Shree Cement Ltd Infographics
Shree Cement under the scanner of the taxman 👀
Shree Cement share price under pressure following investigation by the Income Tax authorities due to alleged Rs 23,000 crores tax evasion. 😔
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.55% | 0.00 | |
| Foreign Institutions | 11.85% | ||
| Mutual Funds | 7.91% | 4.76 | |
| Retail Investors | 12.58% | ||
| Others | 5.11% | 6.67 |
Key Indicators
Shree Cement Ltd Valuation
Shree Cement Ltd in the last 5 years
Lowest (27.92x)
June 17, 2022
Today (43.04x)
September 18, 2024
Industry (53.10x)
September 18, 2024
Highest (75.77x)
June 27, 2019
Earnings and Dividends
Shree Cement Ltd Earnings Results
Shree Cement Ltd’s net profit fell -51.32% since last year same period to ₹278.61Cr in the Q1 2024-2025. On a quarterly growth basis, Shree Cement Ltd has generated -58.72% fall in its net profits since last 3-months.
Read More about Earnings ResultsShree Cement Ltd Dividends May,2024
In the quarter ending March 2024, Shree Cement Ltd has declared dividend of ₹55 - translating a dividend yield of 0.64%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Shree Cement Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Shree Cement Ltd (SHREECEM) share price today is ₹24931.7
Shree Cement Ltd is listed on NSE
Shree Cement Ltd is listed on BSE
- Today’s highest price of Shree Cement Ltd is ₹25327.25.
- Today’s lowest price of Shree Cement Ltd is ₹24690.7.
PE Ratio of Shree Cement Ltd is 43.04
PE ratio = Shree Cement Ltd Market price per share / Shree Cement Ltd Earnings per share
Today’s traded volume of Shree Cement Ltd(SHREECEM) is 20.39K.
Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹90478.43Cr.
| Shree Cement Ltd(SHREECEM | Price |
|---|---|
52 Week High | ₹30737.75 |
52 Week Low | ₹23700 |
Shree Cement Ltd(SHREECEM) share price is ₹24931.7. It is down -18.89% from its 52 Week High price of ₹30737.75
Shree Cement Ltd(SHREECEM) share price is ₹24931.7. It is up 5.20% from its 52 Week Low price of ₹23700
| Shree Cement Ltd(SHREECEM | Returns |
|---|---|
1 Day Returns | -144.95% |
1 Month Returns | 0.92% |
3 Month Returns | -8.62% |
1 Year Returns | -3.95% |