Is Shree Cement a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shree Cement Ltd is a good quality company .

Is Shree Cement undervalued or overvalued?

The key valuation ratios of Shree Cement Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Shree Cement share price return in the past 10 years?

Shree Cement Ltd share price has appreciated 10.5% annually (CAGR) over the past ten years.

Is Shree Cement a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shree Cement Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Shree Cement Ltd - Stock Valuation and Financial Performance

Name: Shree Cement
Brand: Shree Cement

BSE: 500387 | NSE: SHREECEM | Cement & Construction Materials | Mid Cap

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Shree Cement Share Price

₹24,300.75 182.65 0.76%
as on 21-Nov'24 14:23

10 Year X-Ray of Shree Cement:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	8.6%	18%	19.9%	18.4%	10.8%	15.8%	19.6%	17.2%	9.1%	15.5%	-
Value Creation Index ⓘ	-0.2	0.6	0.8	0.6	0.0	0.4	0.7	0.5	-0.2	0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	6,624	7,587	8,487	9,833	11,722	11,904	12,669	14,306	16,837	19,586	18,564
Sales YoY Gr.	-	14.5%	11.9%	15.9%	19.2%	1.6%	6.4%	12.9%	17.7%	16.3%	-
Adj EPS ⓘ	126.5	437.6	386.9	394.2	338.6	434.6	635.5	654.4	366.3	687.4	500.8
YoY Gr.	-	246%	-11.6%	1.9%	-14.1%	28.3%	46.2%	3%	-44%	87.7%	-
BVPS (₹) ⓘ	1,514.5	2,619.8	2,209.6	2,553.6	2,754.7	3,585.5	4,226.7	4,786.8	5,068.9	5,649.8	5,709.6
Adj Net Profit ⓘ	441	1,524	1,348	1,373	1,180	1,568	2,293	2,361	1,322	2,480	1,807
Cash Flow from Ops. ⓘ	1,239	2,088	2,202	1,879	2,060	3,751	4,094	2,723	2,704	3,304	-
Debt/CF from Ops. ⓘ	0.7	0.6	0.6	1.8	1.4	0.8	0.5	0.7	0.9	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.8%	10.8%	15.6%	16.3%
Adj EPS ⓘ	20.7%	15.2%	2.7%	87.7%
BVPSⓘ	15.8%	15.5%	10.2%	11.5%
Share Price	10.5%	3.6%	-3.7%	-6.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	8.8	18.9	18.5	16.6	12.8	13.9	16.3	14.5	7.4	12.8	8.8
Op. Profit Mgn % ⓘ	20.5	24.8	28.1	25.3	23.9	30.9	31.4	25.5	17.4	22.3	21.9
Net Profit Mgn % ⓘ	6.7	20.1	15.9	14	10.1	13.2	18.1	16.5	7.9	12.7	9.7
Debt to Equity ⓘ	0.2	0.1	0.2	0.4	0.3	0.2	0.1	0.1	0.1	0.1	0
Working Cap Days ⓘ	103	143	112	130	129	131	92	149	156	158	117
Cash Conv. Cycle ⓘ	48	52	38	42	46	52	22	56	67	69	55

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.63%

Return on Equity has declined versus last 3 years average to 8.80%

Net Profit has been subdued in last 3 years 2.65%

Sales growth is not so good in last 4 quarters at 1.51%

Latest Financials - Shree Cement Ltd.

	Standalone	Consolidated
TTM EPS (₹)	500.8	480
TTM Sales (₹ Cr.)	18,564	19,834
BVPS (₹.) ⓘ	5,709.6	5,786.8
Reserves (₹ Cr.) ⓘ	20,565	20,843
P/BV ⓘ	4.22	4.17
PE ⓘ	48.16	50.25

From the Market
52 Week Low / High (₹)	23500.15 / 30710.15
All Time Low / High (₹)	11.25 / 32050.00
Market Cap (₹ Cr.)	87,020
Equity (₹ Cr.)	36.1
Face Value (₹)	10
Industry PE ⓘ	48.4

Management X-Ray of Shree Cement:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Shree Cement

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Shree Cement

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	6,624	5,690	8,487	9,833	11,722	11,904	12,669	14,306	16,837	19,586
Operating Expenses ⓘ	5,280	4,283	6,120	7,360	9,069	8,229	8,689	10,661	13,906	15,246
Manufacturing Costs	2,348	1,842	2,480	3,072	3,990	3,571	3,362	4,776	7,327	7,624
Material Costs	675	632	690	702	826	742	860	1,115	1,210	1,802
Employee Cost	455	370	537	588	678	731	760	807	866	938
Other Costs ⓘ	1,803	1,439	2,412	2,999	3,575	3,186	3,706	3,962	4,504	4,882
Operating Profit ⓘ	1,344	1,407	2,367	2,473	2,653	3,675	3,980	3,645	2,932	4,340
Operating Profit Margin (%)	20.3%	24.7%	27.9%	25.1%	22.6%	30.9%	31.4%	25.5%	17.4%	22.2%
Other Income ⓘ	138	673	508	389	246	272	433	540	442	585
Interest ⓘ	121	76	129	135	247	287	247	218	269	264
Depreciation ⓘ	925	828	1,215	899	1,392	1,699	1,140	1,036	1,546	1,615
Exceptional Items ⓘ	-35	0	0	0	-178	0	0	0	0	0
Profit Before Tax ⓘ	401	1,176	1,531	1,827	1,081	1,960	3,026	2,931	1,559	3,046
Tax ⓘ	-26	33	192	443	130	390	714	554	231	577
Profit After Tax	426	1,143	1,339	1,384	951	1,570	2,312	2,377	1,328	2,468
PAT Margin (%)	6.4%	20.1%	15.8%	14.1%	8.1%	13.2%	18.2%	16.6%	7.9%	12.6%
Adjusted EPS (₹)	122.4	328.1	384.4	397.3	273.0	435.2	640.8	658.7	368.1	684.2
Dividend Payout Ratio (%)	20%	7%	36%	13%	22%	25%	9%	14%	27%	15%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	5,276	6,846	7,698	8,897	9,597	12,936	15,250	17,271	18,288	20,384
Share Capital ⓘ	35	35	35	35	35	36	36	36	36	36
Reserves ⓘ	5,242	6,811	7,663	8,862	9,563	12,900	15,214	17,235	18,252	20,348
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	616	726	1,292	3,394	2,777	2,347	1,840	1,619	1,552	1,188
Long Term Debt	401	531	519	2,208	2,309	1,639	1,332	1,298	581	713
Short Term Debt	215	196	774	1,186	468	709	508	320	971	475
Trade Payables	292	257	352	727	451	528	786	804	1,129	1,064
Others Liabilities ⓘ	1,618	1,262	1,316	1,611	1,755	2,782	2,378	3,052	4,181	4,184
Total Liabilities ⓘ	7,803	9,091	10,658	14,629	14,581	18,594	20,253	22,746	25,150	26,820
Fixed Assets
Gross Block	8,650	3,872	4,635	6,548	8,836	10,363	11,364	13,523	15,075	18,424
Accumulated Depreciation	5,645	822	2,036	2,959	4,361	6,044	7,173	8,201	9,743	11,325
Net Fixed Assetsⓘ	3,004	3,050	2,599	3,589	4,476	4,319	4,192	5,321	5,333	7,099
CWIP ⓘ	511	265	710	1,427	1,121	962	971	973	2,320	1,833
Investmentsⓘ	1,663	3,030	4,043	5,434	4,444	8,915	11,051	11,546	11,651	10,675
Inventories	919	815	1,315	1,569	1,589	1,428	1,477	2,161	2,423	3,146
Trade Receivables	476	329	335	459	732	828	479	596	906	930
Cash Equivalents	308	83	111	121	308	108	210	118	119	297
Others Assetsⓘ	922	1,520	1,546	2,029	1,911	2,033	1,874	2,030	2,399	2,840
Total Assets ⓘ	7,803	9,091	10,658	14,629	14,581	18,594	20,253	22,746	25,150	26,820

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	1,239	1,566	2,202	1,879	2,060	3,751	4,094	2,723	2,704	3,304
PBT ⓘ	401	1,176	1,531	1,827	1,260	1,960	3,026	2,931	1,559	3,046
Adjustment ⓘ	950	708	1,011	671	1,560	1,718	961	720	1,378	1,322
Changes in Working Capital ⓘ	-22	-175	-51	-113	-530	559	851	-732	97	-624
Tax Paid ⓘ	-91	-143	-289	-507	-230	-486	-744	-196	-329	-440
Cash Flow From Investing Activity ⓘ	-990	-1,265	-2,048	-3,595	-813	-5,373	-2,868	-1,865	-2,409	-1,350
Capex	-1,124	-737	-1,295	-2,526	-1,885	-1,294	-998	-1,948	-2,762	-2,806
Net Investments	56	-615	-1,156	-1,836	2,923	-3,868	-1,948	61	519	1,490
Others ⓘ	77	88	402	768	-1,850	-211	78	22	-166	-35
Cash Flow From Financing Activityⓘ	-259	-271	-167	1,726	-1,265	1,591	-1,215	-858	-315	-1,794
Net Proceeds from Shares ⓘ	0	0	0	0	0	2,383	0	0	0	0
Net Proceeds from Borrowing ⓘ	133	-34	-146	1,685	-8	-68	-710	32	-185	-470
Interest Paid ⓘ	-125	-89	-128	-125	-275	-287	-251	-209	-257	-219
Dividend Paid ⓘ	-89	-159	-485	-184	-231	-623	-2	-379	-324	-379
Others ⓘ	-178	12	592	351	-752	185	-251	-303	452	-726
Net Cash Flow ⓘ	-10	31	-13	10	-18	-31	11	-1	-20	160

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	8.54	18.86	18.42	16.68	10.28	13.94	16.4	14.62	7.47	12.77
ROCE (%)	8.62	17.99	19.86	18.43	10.76	15.78	19.56	17.17	9.11	15.51
Asset Turnover Ratio	0.98	0.75	0.97	0.8	0.8	0.72	0.83	0.49	0.51	0.56
PAT to CFO Conversion(x)	2.91	1.37	1.64	1.36	2.17	2.39	1.77	1.15	2.04	1.34
Working Capital Days
Receivable Days	19	23	13	14	19	24	15	19	22	23
Inventory Days	43	50	41	52	49	46	33	63	68	70
Payable Days	130	159	161	281	260	241	279	260	292	222

Shree Cement Ltd Stock News

Shree Cement Ltd FAQs

What is the share price of Shree Cement?

Company share prices are keep on changing according to the market conditions. The closing price of Shree Cement on 21-Nov-2024 14:23 is ₹24,300.8.

What is the market cap of Shree Cement?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 14:23 the market cap of Shree Cement stood at ₹87,019.9.

What is the P/E ratio of Shree Cement?

The latest P/E ratio of Shree Cement as of 21-Nov-2024 14:23 is 48.16.

What is the P/B ratio of Shree Cement?

The latest P/B ratio of Shree Cement as of 21-Nov-2024 14:23 is 4.22.

What is the 52-week high and low of Shree Cement?

The 52-week high of Shree Cement is ₹30,710.2 and the 52-week low is ₹23,500.2.

What is the TTM revenue of Shree Cement?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Cement is ₹18,564 ( Cr.) .

About Shree Cement Ltd

Shree Cement the leading cement manufacturing in North India was incorporated in the year 1978. It has huge cement capacity. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand. The company follows a multibrand strategy and sells cement under the highly recognized brands of Shree Ultra, Bangur and Rockstrong which together enjoy the largest market share in high value markets of Rajasthan, Delhi and Haryana.

Business area of the company

The Company is engaged in the manufacturing and selling of cement and cement related products. It is recognized as one of the most efficient and environment friendly company in the global cement industry.

Products

Roofon Cement
Shree Jangrodhak Cement
Bangur Power
Bangur Cement
Rockstrong

Awards

2017-2018: Best Quality Excellence Award 2017-18 & 2018-19 by National Council for Cement and Building Materials (NCCBM).
2018: Best Employers Award 2018 by the Employers Association of Rajasthan.
2019: Global Sustainability Award 2019 by the Energy and Environment Foundation.
2019: Supply Chain and Logistics Excellence (SCALE) Award 2019 by Confederation of Indian Industry (CII).
2019: Golden Peacock Award for HR Excellence 2019 by the Institute of Directors (IOD).
2019: Great Place to Work Certified by Great Place to Work Institute.
2019: Industry Champion Award 2019 by Rajasthan Chamber of Commerce and Industry.
2019: India Risk Management Award in Sustainability Category by ICICI Lombard and CNBC TV-18.
2019: Bhamashaha Samman for Corporate Social Responsibility 2019 by Government of Rajasthan for Ras Site.
2019-2020: Strong Commitment to HR Excellence 2019-20 by Confederation of Indian Industry (CII).
2020: Corporate Governance and Sustainability Vision Awards 2020 by Indian Chamber of Commerce.