Shree Cement Ltd.

NSE: SHREECEM · Construction Materials

₹25,100.00+0.82%06 Nov 2026

Ask the data

Instant answers about Shree Cement Ltd. — computed from its filings, no language model

Market cap₹90,561 cr

Current price₹25,100.00

High / Low₹28,740 / ₹21,600

P/E57.2

P/B3.80

Book value₹6,613.8

ROE6.6%

ROCE9.1%

Debt / equity0.08

Dividend yield0.56%

EPS (TTM)₹438.86

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	12,868	13,476	15,010	17,852	20,521	19,283	20,943
EBITDA	3,759	4,051	3,708	2,960	4,517	3,934	4,638
Operating margin	29.2%	30.1%	24.7%	16.6%	22.0%	20.4%	22.1%
Interest	291	251	216	263	258	205	212
Depreciation	1,808	1,262	1,146	1,661	1,897	3,007	2,794
Profit before tax	1,934	3,004	2,892	1,495	2,959	1,312	2,293
Tax	390	714	555	226	563	188	544
Net profit	1,536	2,286	2,332	1,271	2,396	1,123	1,744
EPS ₹	435.35	633.54	646.31	352.18	663.98	311.18	483.24
Operating cash flow	—	—	2,668	2,569	3,347	4,920	3,794
Capex	—	—	2,218	3,314	3,200	4,105	1,909
Dividend paid	—	—	384	325	379	380	505
Total assets	19,944	21,513	23,749	26,334	27,953	28,492	31,476
Equity	13,101	15,397	17,460	18,636	20,703	21,538	23,268

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	3,303	3,004	3,146	3,415	2,480	3,250	3,541	4,205	3,635	3,373	3,637	4,364	4,415	4,038	4,299	5,100	5,065	4,800	5,223	5,433	5,124	4,054	4,573	5,532	5,281	4,761	4,801	6,101	6,233	5,897
Operating profit	948	875	880	1,057	688	1,000	1,126	1,238	1,023	921	845	919	801	543	727	889	945	886	1,264	1,422	927	613	965	1,429	1,333	974	947	1,384	1,272	1,016
Operating margin	28.7%	29.1%	28.0%	30.9%	27.7%	30.8%	31.8%	29.4%	28.1%	27.3%	23.2%	21.1%	18.1%	13.4%	16.9%	17.4%	18.7%	18.5%	24.2%	26.2%	18.1%	15.1%	21.1%	25.8%	25.2%	20.5%	19.7%	22.7%	20.4%	17.2%
Other income	52	59	66	98	126	103	108	128	141	154	114	137	-20	159	174	146	169	132	147	150	139	181	111	158	235	179	146	101	212	112
Interest	69	73	75	74	72	64	60	56	54	56	54	52	55	66	70	71	74	67	55	62	56	56	52	41	46	51	59	56	57	59
Depreciation	428	455	460	465	300	310	322	330	274	290	285	297	350	396	443	473	339	412	444	702	704	716	799	788	654	668	710	762	686	703
Profit before tax	502	406	410	616	443	730	852	980	836	729	620	707	376	240	388	491	700	539	913	807	306	23	225	758	868	434	324	667	741	367
Tax	120	93	98	80	112	202	221	180	205	165	137	48	97	57	106	-34	128	93	211	131	27	-53	31	183	225	124	56	139	210	104
Net profit	380	311	310	536	330	527	631	798	630	563	482	657	280	183	282	526	572	447	702	675	279	76	193	574	643	309	267	526	529	262
EPS ₹	108.98	89.16	87.55	148.54	91.35	146.05	174.85	221.29	174.58	155.99	133.58	182.16	77.47	50.81	78.18	145.72	158.62	123.78	194.54	187.04	263.74	202.41	268.34	159.17	178.12	85.50	73.92	145.70	146.67	72.56
Revenue YoY	—	—	—	—	-24.9%	8.2%	12.6%	23.1%	46.6%	3.8%	2.7%	3.8%	21.5%	19.7%	18.2%	16.9%	14.7%	18.9%	21.5%	6.5%	1.2%	-15.5%	-12.5%	1.8%	3.1%	17.4%	5.0%	10.3%	18.0%	23.8%
Profit YoY	—	—	—	—	-13.2%	69.7%	103.7%	49.0%	91.1%	6.8%	-23.6%	-17.7%	-55.6%	-67.4%	-41.5%	-20.0%	104.8%	143.6%	148.8%	28.4%	-51.3%	-82.9%	-72.4%	-14.9%	130.7%	303.6%	37.9%	-8.5%	-17.7%	-15.1%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Shree Cement Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	2,738	3,644	3,514	4,628	5,679	5,680	6,386	7,295	9,523	10,109	11,722
Operating profit	974	1,506	888	1,168	1,667	1,338	1,426	1,677	2,394	2,439	2,653
Operating margin	35.6%	41.3%	25.3%	25.2%	29.4%	23.6%	22.3%	23.0%	25.1%	24.1%	22.6%
Other income	57	89	45	79	136	218	150	159	481	422	245
Interest	72	93	98	139	203	136	125	101	129	135	247
Depreciation	205	570	676	791	384	529	840	1,147	1,215	899	1,392
Profit before tax	723	868	110	304	1,203	812	597	562	1,531	1,827	1,081
Tax	145	192	-99	37	132	17	-2	3	192	443	130
Net profit	578	676	210	267	1,071	795	599	559	1,339	1,384	951

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	466	524	650	614	647	665	812	923	910	866	945	945	717	780	1,072	1,034	856	1,260	1,478	1,455	1,324	1,428	1,472	1,449	1,248	1,318	1,665	1,657	1,608	1,544	1,576	1,725	1,724	1,829	2,017	2,494	2,254	2,091	2,683	2,865	2,137	2,296	2,811	3,070	2,587	2,781	3,285
Operating profit	201	225	254	211	201	227	336	426	418	335	327	290	142	158	298	259	202	334	373	481	394	372	420	387	249	271	431	439	340	306	341	357	389	426	505	757	656	469	511	680	560	570	629	575	520	710	848
Operating margin	43.1%	43.0%	39.0%	34.3%	31.0%	34.1%	41.4%	46.1%	46.0%	38.7%	34.6%	30.7%	19.8%	20.3%	27.8%	25.1%	23.6%	26.5%	25.2%	33.1%	29.7%	26.0%	28.6%	26.7%	20.0%	20.5%	25.9%	26.5%	21.2%	19.8%	21.6%	20.7%	22.6%	23.3%	25.0%	30.4%	29.1%	22.4%	19.0%	23.7%	26.2%	24.8%	22.4%	18.7%	20.1%	25.5%	25.8%
Other income	29	17	15	12	16	18	11	47	22	16	4	17	26	1	0	0	1	1	77	32	29	32	43	84	74	10	50	51	28	20	50	39	23	22	75	71	123	136	151	131	100	87	105	94	51	55	45
Interest	8	13	25	17	17	17	22	15	15	12	50	30	14	20	34	32	29	37	41	48	54	56	45	38	31	31	36	31	35	32	27	26	23	23	29	28	29	41	31	33	38	21	44	56	62	59	70
Depreciation	69	187	187	46	54	51	55	97	100	95	279	151	129	131	265	160	162	235	235	82	94	82	126	133	114	116	167	154	223	201	263	238	270	304	334	154	432	318	311	231	225	210	233	306	329	336	421
Profit before tax	153	42	57	152	136	172	263	356	322	244	-53	124	18	2	-34	59	11	62	172	384	274	254	292	300	177	131	203	304	104	92	97	107	117	120	218	647	318	246	320	547	397	426	458	307	2	370	403
Tax	47	7	16	41	29	48	27	65	33	76	18	18	8	-26	-100	4	-28	3	58	32	45	36	18	16	5	15	-19	27	-5	-1	-23	3	-12	17	-5	139	26	10	15	106	185	93	58	28	-48	69	82
Net profit	106	35	41	111	107	124	236	291	289	167	-71	106	11	27	66	55	38	59	114	352	228	217	274	284	172	115	223	277	109	94	120	104	129	103	223	508	292	235	305	440	212	333	399	279	49	301	321
EPS ₹	30.49	10.06	11.79	31.83	30.86	35.58	67.64	83.57	82.93	48.06	-20.49	30.41	3.02	7.89	18.87	15.79	11.05	16.99	32.80	100.90	65.48	62.42	78.68	81.61	49.44	33.15	63.87	79.52	31.23	26.89	34.37	29.88	36.95	29.53	64.11	145.73	83.67	67.58	87.41	126.33	60.71	95.68	114.60	80.22	14.16	86.48	92.13
Revenue YoY	—	—	—	—	38.8%	27.1%	24.9%	50.2%	40.6%	30.2%	16.4%	2.3%	-21.2%	-9.9%	13.5%	9.5%	19.4%	61.4%	37.8%	40.7%	54.6%	13.4%	-0.4%	-0.4%	-5.8%	-7.7%	13.1%	14.3%	28.9%	17.2%	-5.3%	4.1%	7.2%	18.4%	28.0%	44.6%	30.7%	14.3%	33.0%	14.8%	-5.2%	9.8%	4.8%	7.2%	21.0%	21.1%	16.9%
Profit YoY	—	—	—	—	1.2%	253.7%	473.6%	162.5%	168.8%	35.1%	-130.3%	-63.6%	-96.4%	-83.6%	—	-48.1%	265.2%	115.3%	73.9%	539.0%	492.7%	267.4%	139.8%	-19.1%	-24.5%	-46.9%	-18.8%	-2.6%	-36.8%	-18.9%	-46.2%	-62.4%	18.3%	9.8%	86.5%	387.6%	126.4%	128.9%	36.3%	-13.3%	-27.4%	41.6%	31.1%	-36.5%	-76.7%	-9.6%	-19.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	11.7%	11.3%	13.0%	15.4%	14.8%	16.8%	17.0%	16.1%	13.4%	11.3%	8.9%	7.8%	6.8%	8.4%	9.4%	11.5%	11.6%	10.2%	8.3%	5.9%	5.2%	6.9%	7.7%	8.0%	7.5%	7.0%	6.6%
ROCE	14.4%	14.0%	16.1%	18.8%	18.6%	20.7%	20.7%	19.3%	16.0%	13.6%	10.5%	9.4%	8.3%	9.9%	11.3%	13.7%	14.5%	12.6%	10.2%	7.1%	6.8%	9.3%	10.2%	10.6%	10.1%	9.6%	9.1%
Net margin	11.9%	12.3%	13.8%	15.9%	17.0%	17.7%	17.8%	16.7%	15.5%	12.5%	9.7%	8.2%	7.1%	8.5%	9.5%	11.1%	11.7%	10.2%	8.7%	6.4%	5.8%	7.6%	8.5%	8.8%	8.3%	7.4%	6.9%
EBITDA margin	29.2%	29.1%	29.5%	30.5%	30.1%	30.0%	29.2%	27.1%	24.7%	22.1%	18.9%	17.5%	16.6%	16.8%	17.9%	19.7%	22.0%	21.9%	21.3%	20.5%	20.4%	22.3%	23.3%	23.0%	22.1%	20.9%	20.1%
Debt / equity	0.18	0.18	0.18	0.18	0.14	0.14	0.14	0.14	0.12	0.12	0.15	0.15	0.14	0.14	0.09	0.09	0.07	0.07	0.07	0.07	0.04	0.04	0.08	0.08	0.07	0.07	0.08
Interest coverage	7.64	7.38	8.72	10.82	12.95	15.51	16.04	15.37	14.38	12.20	9.54	8.02	6.69	7.46	8.49	10.88	12.45	11.68	9.95	7.03	7.40	10.65	13.02	13.08	11.83	10.71	10.11
Asset turnover	0.65	0.60	0.62	0.64	0.63	0.68	0.69	0.69	0.63	0.66	0.65	0.68	0.68	0.70	0.72	0.76	0.73	0.74	0.71	0.69	0.68	0.68	0.67	0.67	0.67	0.70	0.71

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 19 periods

	JUN '14‡	MAR '15‡	JUN '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	35	35	35	35	35	35	35	36	36	36	36	36	36	36	36	36	36	36	36
Other equity / reserves	4,676	5,241	5,241	6,811	7,663	8,862	9,573	13,065	15,361	17,424	17,925	18,600	19,459	20,667	20,843	21,502	22,406	23,231	23,826
Total equity	4,711	5,276	5,276	6,845	7,698	8,897	9,608	13,101	15,397	17,460	17,961	18,636	19,495	20,703	20,879	21,538	22,442	23,268	23,862
Borrowings	1,078	616	616	726	1,292	3,394	2,782	2,349	2,134	2,014	2,781	2,540	1,821	1,475	1,446	817	1,863	1,594	1,834
Current liabilities	1,499	1,449	1,449	1,162	1,989	2,967	2,127	4,016	4,443	4,686	5,862	6,732	5,923	6,128	5,881	5,756	6,553	6,989	7,594
Non-current liabilities	1,119	1,273	1,273	1,456	1,479	3,278	3,633	2,690	1,622	1,552	1,392	925	1,257	1,082	1,057	1,157	1,160	1,172	1,144
Total assets	7,329	7,998	7,998	9,463	11,166	15,142	15,493	19,944	21,513	23,749	25,257	26,334	26,716	27,953	27,859	28,492	30,200	31,476	32,651
Property, plant & equipment	2,194	2,921	2,921	3,050	2,586	3,577	6,135	5,697	5,714	6,724	7,350	7,406	7,596	9,467	9,550	9,221	9,143	11,090	10,871
Capital work-in-progress	758	511	511	264	710	1,427	1,129	1,197	997	1,054	1,691	2,797	3,481	1,930	2,777	3,796	3,602	1,466	1,284
Investments	2,244	1,662	1,662	3,030	4,042	5,434	2,286	6,358	8,500	9,033	8,801	8,683	8,052	7,556	6,943	7,849	8,684	10,272	9,722
Inventories	810	919	919	815	1,314	1,569	1,870	1,713	1,716	2,497	2,771	2,760	2,237	3,555	2,683	2,444	2,562	2,774	3,621
Receivables	297	476	476	329	335	459	1,024	1,080	679	788	1,245	1,212	1,633	1,287	1,812	1,401	2,108	1,827	2,216
Cash & equivalents	159	308	308	50	46	52	142	114	472	149	35	46	94	262	80	141	288	115	58

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 14 periods

	Jun '14‡	FY15‡	Jun '15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,401	1,239	1,245	1,033	2,202	1,879	2,080	3,973	4,254	2,668	2,569	3,347	4,920	3,794
Cash from investing	-1,234	-990	-997	-1,262	-2,048	-3,595	-722	-5,599	-2,645	-2,151	-2,414	-1,418	-3,728	-3,740
Cash from financing	-156	-259	-259	249	-167	1,726	-1,276	1,581	-1,233	-849	-277	-1,710	-1,296	-110
Capex	1,585	1,125	1,132	736	1,296	2,528	1,936	1,545	1,135	2,218	3,314	3,200	4,105	1,909
Free cash flow	-184	114	114	297	905	-649	144	2,428	3,119	450	-746	147	816	1,885
Dividends paid	—	—	—	—	—	—	—	—	11	384	325	379	380	505

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹10,871 cr33%

CWIP

₹1,284 cr4%

Investments

₹9,722 cr30%

Inventories

₹3,621 cr11%

Receivables

₹2,216 cr7%

Cash & equivalents

₹58 cr0%

Other assets

₹4,880 cr15%

Peer comparison

largest in Construction Materials · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
UltraTech Cement Ltd.	3,66,877	12,450.00	41.7	4.99	12.0%
Grasim Industries Ltd.	2,19,613	3,227.00	38.6	2.12	5.5%
Ambuja Cements Ltd.	97,064	390.60	34.6	1.63	4.7%
Shree Cement Ltd.	90,561	25,100.00	57.2	3.80	6.6%
J.K. Cement Ltd.	40,488	5,239.80	42.3	5.51	13.0%
Dalmia Bharat Ltd.	27,936	1,470.30	57.0	1.55	2.7%
ACC Ltd.	23,241	1,236.20	26.3	1.12	4.3%
The Ramco Cements Ltd.	19,314	817.35	31.8	2.38	7.5%
JSW Cement Ltd.	16,693	123.41	22.0	2.46	11.2%
Nuvoco Vistas Corporation Ltd.	12,251	343.00	29.5	1.28	4.3%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+15.2%

6 months-1.9%

1 year-14.1%

3Y CAGR-1.7%

5Y CAGR-3.2%

10Y CAGR+4.3%

50-day avg₹22,860.40

200-day avg₹24,797.95

RSI (14)81

Long-term financials (FY13–FY15)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY15	₹6,454 Cr	₹401 Cr	₹426 Cr
FY14	₹5,887 Cr	₹815 Cr	₹787 Cr
FY13	₹5,590 Cr	₹1,119 Cr	₹1,004 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare Shree Cement Ltd. with

UltraTech Cement vs Shree Cement Grasim Industries vs Shree Cement Ambuja Cements vs Shree Cement Shree Cement vs J.K. Cement Shree Cement vs Dalmia Bharat

FAQs

What is the share price of Shree Cement Ltd.?

Shree Cement Ltd. (SHREECEM) closed at ₹25,100.00 on NSE on 06 Nov 2026.

What is the market cap of Shree Cement Ltd.?

₹90,561 crore at the latest close.

What is the P/E ratio of Shree Cement Ltd.?

57.2, on trailing-twelve-month earnings from its filings.

How fast is Shree Cement Ltd. growing?

Shree Cement Ltd.: revenue has compounded at 5.5% a year over three years; net profit at 11.1% a year. Latest-quarter revenue is up 23.8% year on year, profit down 15.1%.

How profitable is Shree Cement Ltd.?

On a trailing-twelve-month basis return on equity is 6.6%, return on capital employed 9.1%, operating margin 20.1%, net margin 6.9%.

How much debt does Shree Cement Ltd. have?

Shree Cement Ltd. is lightly geared: debt to equity is 0.08 with borrowings of ₹1,834 cr against cash of ₹58 cr (balance sheet of 2026-09-30). Operating profit covers interest 10.1 times.

Financials parsed from Shree Cement Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Jun '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.