Is Shree Digvijay Cement Company a good quality company?

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

Is Shree Digvijay Cement Company undervalued or overvalued?

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

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

Shree Digvijay Cement Company Ltd share price has appreciated 16.9% annually (CAGR) over the past ten years.

Is Shree Digvijay Cement Company a good buy now?

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

What is the P/E ratio of Shree Digvijay Cement Company?

The latest standalone P/E ratio of Shree Digvijay Cement Company as of 20-Dec-2024 is 16.82.

What is the P/B ratio of Shree Digvijay Cement Company?

The latest standalone P/B ratio of Shree Digvijay Cement Company as of 20-Dec-2024 is 3.59.

Shree Digvijay Cement Company Ltd - Stock Valuation and Financial Performance

Name: Shree Digvijay Cement Company
Brand: Shree Digvijay Cement Company

BSE: 502180 | NSE: SHREDIGCEM | Cement & Construction Materials | Small Cap

Place order

Shree DigvijayCement Share Price

₹85.13 -0.75 -0.87%
as on 20-Dec'24 16:59

10 Year X-Ray of Shree DigvijayCement:

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 ⓘ

	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	4.1%	6.2%	-0.8%	11.5%	2.9%	29.2%	28.8%	28.8%	22.7%	34.1%	-
Value Creation Index ⓘ	-0.7	-0.6	-1.1	-0.2	-0.8	1.1	1.1	1.1	0.6	1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	414	380	315	413	436	470	503	629	725	792	737
Sales YoY Gr.	-	-8%	-17.2%	31.3%	5.6%	7.7%	7%	25.2%	15.2%	9.2%	-
Adj EPS ⓘ	0.2	0.5	-0.6	1	0.2	4	3.7	3.8	4	5.9	5.1
YoY Gr.	-	166.7%	-222.9%	NA	-85%	2560%	-7%	3%	3.9%	48.4%	-
BVPS (₹) ⓘ	13.7	11.2	14.5	15.5	15.5	19.5	21.8	21.6	22.3	25.9	23.7
Adj Net Profit ⓘ	2.5	6.8	-8.4	14.1	2.1	56.4	52.8	55	57.7	86.8	75
Cash Flow from Ops. ⓘ	24.6	16.9	30.6	102	-1.6	94.1	95	57.3	86	95.6	-
Debt/CF from Ops. ⓘ	3.5	5.5	3.1	0.3	-25.6	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.5%	12.7%	16.3%	9.2%
Adj EPS ⓘ	47.3%	108.4%	16.7%	48.4%
BVPSⓘ	7.3%	10.7%	5.9%	15.9%
Share Price	16.9%	28.6%	6.6%	-7.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	1.3	4.3	-4.2	6.7	0.9	22.7	18	17.7	18.1	24.6	20.4
Op. Profit Mgn % ⓘ	4.3	9.1	2.7	11.8	6.1	21.5	21	18.6	13.9	18.4	17.2
Net Profit Mgn % ⓘ	0.6	1.8	-2.7	3.4	0.5	12	10.5	8.7	8	11	10.1
Debt to Equity ⓘ	0.5	0.6	0.5	0.1	0.2	0	0	0	0	0	0.2
Working Cap Days ⓘ	94	92	141	92	84	83	85	85	85	106	69
Cash Conv. Cycle ⓘ	29	27	46	12	4	7	13	25	32	31	31

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.40%

Sales growth is growing at healthy rate in last 3 years 16.33%

Net Profit is growing at healthy rate in last 3 years 16.66%

Sales growth is not so good in last 4 quarters at -5.41%

Latest Financials - Shree Digvijay Cement Company Ltd.

	Standalone	Consolidated
TTM EPS (₹)	5.1	5.1
TTM Sales (₹ Cr.)	737	738
BVPS (₹.) ⓘ	23.7	23.7
Reserves (₹ Cr.) ⓘ	246	203
P/BV ⓘ	3.59	3.59
PE ⓘ	16.82	16.82

From the Market
52 Week Low / High (₹)	81.31 / 123.79
All Time Low / High (₹)	0.47 / 281.83
Market Cap (₹ Cr.)	1,258
Equity (₹ Cr.)	147.8
Face Value (₹)	10
Industry PE ⓘ	51

Management X-Ray of Shree DigvijayCement:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Shree DigvijayCement

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Shree DigvijayCement

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	414	476	315	413	436	470	503	629	725	792
Operating Expenses ⓘ	396	437	307	366	410	369	398	512	624	646
Manufacturing Costs	185	204	146	162	201	176	183	266	341	311
Material Costs	104	92	58	89	84	67	80	89	99	124
Employee Cost	23	35	26	27	29	34	37	38	39	41
Other Costs ⓘ	83	107	77	87	96	92	98	120	145	170
Operating Profit ⓘ	17	39	8	48	27	101	105	117	101	146
Operating Profit Margin (%)	4.2%	8.1%	2.4%	11.6%	6.1%	21.5%	20.9%	18.6%	13.9%	18.4%
Other Income ⓘ	7	6	12	6	5	2	6	4	7	9
Interest ⓘ	7	13	11	11	4	2	2	1	1	2
Depreciation ⓘ	14	26	22	23	24	25	27	31	35	35
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	4	5	-14	21	3	77	83	88	71	118
Tax ⓘ	0	0	-5	7	1	20	29	33	13	30
Profit After Tax	4	5	-9	13	2	56	54	55	58	88
PAT Margin (%)	0.9%	1.1%	-2.9%	3.2%	0.5%	12.0%	10.7%	8.8%	8.0%	11.1%
Adjusted EPS (₹)	0.3	0.4	-0.6	1.0	0.2	4.0	3.8	3.8	4.0	6.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	38%	66%	91%	101%	50%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	193	198	204	219	220	276	310	311	324	381
Share Capital ⓘ	141	141	141	141	141	141	142	144	145	147
Reserves ⓘ	52	57	63	77	78	134	168	167	179	234
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	86	116	96	25	40	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	86	116	96	25	40	0	0	0	0	0
Trade Payables	35	54	34	58	53	48	51	63	63	67
Others Liabilities ⓘ	58	56	22	37	36	60	84	89	81	87
Total Liabilities ⓘ	371	424	357	338	349	384	445	462	468	535
Fixed Assets
Gross Block	379	367	235	239	257	276	293	336	351	372
Accumulated Depreciation	172	151	18	39	62	87	111	139	170	201
Net Fixed Assetsⓘ	206	216	217	201	194	188	182	197	182	171
CWIP ⓘ	4	0	0	8	10	9	13	5	7	39
Investmentsⓘ	0	0	0	0	0	0	0	0	0	2
Inventories	61	97	70	44	58	65	75	127	115	133
Trade Receivables	13	16	6	12	14	10	11	13	22	32
Cash Equivalents	48	53	24	32	36	74	124	83	108	14
Others Assetsⓘ	39	43	40	41	37	37	41	37	34	144
Total Assets ⓘ	371	424	357	338	349	384	445	462	468	535

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	25	21	31	102	-2	94	95	57	86	96
PBT ⓘ	4	5	-14	21	3	77	83	88	71	118
Adjustment ⓘ	16	37	28	31	25	26	27	30	30	30
Changes in Working Capital ⓘ	6	-21	16	52	-29	4	-1	-37	1	-22
Tax Paid ⓘ	-1	-1	1	-2	-1	-13	-14	-24	-17	-30
Cash Flow From Investing Activity ⓘ	-25	-33	-29	-12	-4	-14	-97	-40	-37	-61
Capex	-35	-37	-23	-15	-17	-16	-28	-35	-21	-59
Net Investments	4	0	-9	0	11	1	-72	-8	-19	-9
Others ⓘ	6	4	3	3	2	2	3	3	3	7
Cash Flow From Financing Activityⓘ	25	17	-32	-81	12	-42	-21	-56	-50	-34
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	1	3	2	4
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-7	-13	-12	-10	-3	-2	-1	-1	-1	-1
Dividend Paid ⓘ	0	0	0	0	0	0	-21	-57	-50	-36
Others ⓘ	32	30	-20	-71	15	-40	0	0	0	0
Net Cash Flow ⓘ	25	5	-30	8	6	38	-23	-39	0	1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	1.91	2.68	-4.49	6.33	0.94	22.78	18.44	17.8	18.17	24.89
ROCE (%)	4.07	6.24	-0.77	11.52	2.85	29.22	28.78	28.77	22.71	34.09
Asset Turnover Ratio	1.32	1.33	0.9	1.22	1.3	1.32	1.24	1.43	1.61	1.65
PAT to CFO Conversion(x)	6.25	4.2	N/A	7.85	-1	1.68	1.76	1.04	1.48	1.09
Working Capital Days
Receivable Days	7	10	11	8	11	9	7	7	9	12
Inventory Days	49	54	86	49	42	46	50	57	59	55
Payable Days	102	177	277	188	241	273	226	232	231	191

Shree Digvijay Cement Company Ltd Stock News

Shree Digvijay Cement Company Ltd FAQs

What is the share price of Shree DigvijayCement?

Company share prices are keep on changing according to the market conditions. The closing price of Shree DigvijayCement on 20-Dec-2024 16:59 is ₹85.13.

What is the market cap of Shree DigvijayCement?

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 20-Dec-2024 16:59 the market cap of Shree DigvijayCement stood at ₹1,258.3.

What is the P/E ratio of Shree DigvijayCement?

The latest P/E ratio of Shree DigvijayCement as of 20-Dec-2024 16:59 is 16.82.

What is the P/B ratio of Shree DigvijayCement?

The latest P/B ratio of Shree DigvijayCement as of 20-Dec-2024 16:59 is 3.59.

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

The 52-week high of Shree DigvijayCement is ₹123.8 and the 52-week low is ₹81.31.

What is the TTM revenue of Shree DigvijayCement?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree DigvijayCement is ₹737.4 ( Cr.) .

About Shree Digvijay Cement Company Ltd

Shree Digvijay Cement Co Ltd., established on November 6, 1949 at Sikka â€“ Jamnagar and one of the pioneers in the Cement business, is a flagship company of the Cimpor Group. Cimpor acquired management control of the company in the year 2008.

Its basket of products includes special cements like Oil Well Cement, Sulphate Resisting Portland Cement and Railway Sleeper Manufacturing Cement in addition to other varieties of Ordinary Portland Cement etc. It has a fully computer controlled plant and has a production capacity of 1.30 million tones per annum.

Well connected by Road, Rail, Air, and Sea, Digvijay has its own port. Digvijayâ€™s prolific experience in the domestic and international markets is now further honed with the Cimpor Groupâ€™s management skills and technology.

The companyâ€™s brand â€˜Kamal Cementâ€™ is a well-known name in the cement industry. They have a significant market share in Gujarat and internationally in SAARC countries, Middle East and East Africa.

The company backed by its prolific experience, management skills and commitment along with state of the art technology makes its products presence in the international business and quest to meet the requirement of discerning customers and a concrete ambition to build a stronger globe.

The company had successfully established its presence by exporting varieties of cement & cement clinker to the following countries: UAE, Somalia ,Yemen, Bangladesh , Qatar, Srilanka, Iraq, Kuwait, Behrin, Philippines and other SAARC and African countries

Product range of the company includes:

Ordinary Portland Cement 53 grade (OPC) as per BIS / BS / ASTM / SLS standards
Oridinary Portland Cement 43 grade (OPC)
Sulphate Resisting Portland Cement (SRPC)
Railway Sleeper Manufacturing Cement (53-S Grade OPC)
Oil Well Cement Class 'G' Grade HSR (as per API specifications 10A)
Portland Pozzolana Cement

Milestones:

1944 Digvijay traces its origin on 6th November by Bangurs.
1947 Started commercial production with 1 lakh M.T capacity per annum.
1953 First expansion making total capacity to 2 lac M.T per annuam.
1954 Construction of Aerial Ropeway, a unique system in the country for transportation of sea-sand from jetty to plant.
1956 Second expansion to increase the production capacity to 4 lac M.T per annum.
1957 Ropeway put into operation.
1958 West Cost Paper Mills Ltd commissioned with financial help of Digvijay.
1959 Clinker grinding plant commissioned at Mumbai known as â€œBombay Cement Millâ€ with annual capacity of 1 lac M.T.
1960 Asbestos Plant installed at Ahmedabad known as 'Asbestos Product Division.'
1964 Ropeway system installed for transportation of clinker and cement directly to Ship from factory.
1966 Commissioned Cement grinding unit at Ahmedabad known as Ahmedabad Cement Mill.
1967 Enhancement of cement production capacity to 6 lac M.T per annum.
1979 Beawar cement project initiated with financial help of Digvijay.
1982 Amalgamation of Hastings Jute Mill, Shreeram Silk Mill and Relaxon.
1984 Conversion of metre gauge line into broad gauge line.
1985 Dry process plant commissioned Lockout at Bombay Cement Mill.
1989 Digvijay become Sick and registered with BIFR first time.
1992 Digvijay came out of BIFR through profit and Equity infusion.
1994 Demerger of Fibre Product Division, Ahmedabd Cement Mill, Shreeram Silk Mill and Relaxon from Digvijay.
1998 Hastings Jute Mills sold.

- Grasim acquired management control of Digvijay

- Digvijay became Sick second time.

2000 Installation of captive power plant (DG Sets) and upgradation of Cement Mill to reduce cost.
2001 Digvijay was badly affected in earthquake.
2002 Downsizing of manpower through VRS.
2007 Digvijay came out from BIFR.
2008 Cimpor acquired management control of Digvijay.
2013 Votorantime acquired management control of Digvijay.

Awards & Achievements:

National Awards won by Digvijay:

1982- National Productivity Award
1996- National productivity Award
2003- National Energy Conservation Award
2004- National Energy Conservation Award
2005- National Energy Conservation Award - Certificate of Merit
2006-National Energy Conservation Award

Other Awards / Certifications

1989- American Petroleum Institute Certification
1996- ISO - 9002 Accreditation
2002- Bharat Shell's Lubricant Excellency Award
2003- Century International Quality Era Award in Gold Category
2005- ISO 14001 (Environment Management System) Certification
2005 OHSAS 18001 Certification

Awards / Certificates on Export Front

1994- Recognition as 'Export House' 1995 Golden Jubilee Year
1995- Recognition of Merit for Meritorious Export Performance
1997- Certificate of Merit for Export Achievement
2005- Recognition as Two-star Export House by Ministry of Commerce, Govt. of India
2005- CAPEXIL Special Export Award
2006 CAPEXIL Special Export Award