Live Shree Cement Share Price Chart

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H 25699

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VOL 206

Shree Cement Performance

Days Range

Low: ₹25,201.45
High: ₹25,861.70
Previous Close ₹25,610.00
Open ₹25,699.00
Volume 19,754
Day’s Range ₹25,201.45 - ₹25,861.70
52W Range ₹22,605.60 - ₹30,737.75
Market Cap ₹92,548 Cr

Shree Cement Fundamentals

ROCE (TTM) 11.07
P/E Ratio (TTM) 41.2
P/B Ratio 4.75
Industry P/E 39.25
Debt to Equity 0.1
ROE 9.37
EPS (TTM) 622.66
Dividend Yield 0.39
Book Value 5403.26
Face Value 10

Shree Cement Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales5,100.195,064.834,800.165,223.18
Expenses4,683.814,459.364,325.824,403.09
Profit before tax490.83700.23539.24912.64
Operating Profit525.21571.94446.62701.85
Net Profit525.21571.94446.62701.85
EPS in Rs145.72158.62123.78194.54

About Shree Cement

History of Shree Cement Limited

Incorporated in 1979, Shree Cement Limited is involved in making cement in India. The company released its IPO in 1984.

In 1985, the company set up their first integrated cement plant of 0.6 MTPA in Beawar, Rajasthan. In 1992, they set up another plant of 0.9 MTPA in Beawar itself. As of March 2023, the company has a total cement production capacity of 46.4 MTPA in India, a total power generation capacity of 888.6 MW and a total green power generation capacity of 385.6 MW. The company is one of the top cement companies in India and one of the fastest-growing companies in terms of production capacity. In 2003, they set up their first captive power plant in Rajasthan.

Shree Cement has 4 integrated manufacturing locations and 10 grinding unit locations across various regions in India. They also have one integrated manufacturing unit in the United Arab Emirates (UAE). The company has a strong presence in the building and construction sectors with a diverse product range. Shree Cement Limited has established a diverse range of brands, including Shree Jung Rodhak Cement, Bangur Cement, Roofon Cement, Rockstrong Cement, Rockstrong Premium Cement and Bangur Power Cement.

Business Segments of Shree Cement Limited

Based on their properties and uses, the products of the company are categorised into four groups, as follows:

  • Ordinary Portland Cement (OPC): This form of cement is extensively used, as it is resistant to shrinkage and cracks. This cement is widely used in foundation systems, high-rise buildings, dam and bridge structures, industrial pavements, nuclear containment structures and silos and tanks.
  • Portland Pozzolana Cement (PPC): This cement has good strength and is affordable. It is a suitable material for the construction of hydraulic structures such as marine works, sewage pipes, dams, etc.
  • Portland Slag Cement (PSC): This hydraulic cement has high resistance to high temperatures and is used in seawater construction projects.
  • Composite Cement (CC): This cement is used to produce high-strength, durable concrete.

There are several subsidiary companies under Shree Cement Limited, and a few are listed below:

  • Shree Global FZE: This wholly-owned subsidiary markets semi-finished metal products. Shree Global FZE is based out of the UAE.
  • Raipur Handling and Infrastructure Private Limited: This company owns and manages a railway siding within the private freight terminal at Hathbandh station in Raipur.
  • Shree Cement East Private Limited: This company carries out cement operations of Shree Cement in West Bengal.

Key Personalities of Shree Cement Limited

Neeraj Akhoury, Managing Director

Neeraj Akhoury, the MD of Shree Cement Limited, has 28 years of experience in cement and steel industry. He started his career in 1993 and worked with various organisations, including Tata Steel, Holcim Group, Lafarge AshakaCem PLC, Lafarge Surma Cement Limited, and Ambuja Cements Limited. Neeraj was on the board of Governors at the National Council for Cement and Building Materials (NCCBM) and the Vice President of the Cement Manufacturers Association of India.

Corporate Actions of Shree Cement Limited

There are no records of stock splits or bonus shares from Shree Cement Limited.

SWOT Analysis of Shree Cement Limited

Strengths

  • The company has a diverse range of products that cater to the construction of various projects.

Weakness

  • The company is not as popular as its competitors due to less branding activities.

Opportunities 

  • With the growth in the overall economy, including the construction sector, the demand for cement is likely to increase.

Threats

  • The cement industry is regulated, and the company has to keep up with the policies.
  • Any interruptions in the procurement of raw materials can disturb the operations of the company.
Parent Organisation Bangur
Founded 1979
Managing Director B G Bangur
NSE Symbol SHREECEM

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
UltraTech Cement Ltd ₹283,489.22

9652.55

165.30 (-1.68%)

9610 - 9850View Peer Comparison
Ambuja Cements Ltd ₹124,212.04

611.85

13.80 (-2.21%)

605.6 - 630.3View Peer Comparison
ACC Ltd ₹47,413.47

2471

53.70 (-2.13%)

2460 - 2532.5View Peer Comparison
Dalmia Bharat Ltd ₹37,100.67

1952.05

26.05 (-1.32%)

1939.05 - 1980View Peer Comparison
J K Cements Ltd ₹33,397.66

4280.75

49.95 (-1.15%)

4260.9 - 4356.85View Peer Comparison

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Shree Cement FAQs

What is the Share price of Shree Cement (SHREECEM)?

Shree Cement (SHREECEM) share price as of April 12, 2024, on NSE is Rs 25,418.95 (NSE) and Rs 25,441.45 (BSE) on BSE.

Can I buy Shree Cement (SHREECEM) shares?

Yes, You can buy Shree Cement (SHREECEM) shares by opening a Demat account with Angel One.

How do I buy Shree Cement (SHREECEM) from Angel One?

Shree Cement (SHREECEM) share can be brought through the following modes:
  1. Direct investment: You can buy Shree Cement (SHREECEM) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Shree Cement (SHREECEM) shares.

What is the total Asset of Shree Cements?

The total asset of Shree Cements is Rs. 23, 749 Crores.

Who are the promoters of Shree Cements?

The promoters of Shree Cements are Shree Capital Services Ltd., Digvijay Finlease Ltd., Mannakrishna Investments Pvt Ltd, Newa Investments Pvt Ltd, Ragini Finance Ltd., Didu Investments Pvt Ltd, N.B.I. Industrial Finance Company Ltd and Harimohan Bangur.

What is the main business of Shree Cements?

The main business of Shree Cements is producing top-quality cement for all. Their operations are spread over six Indian states. They have a consolidated cement production capacity of 44.4 MTPA and can generate power up to 742 MW.

What are the Brands that comes under Shree Cements?

There are 3 brands namely Shree Ultra Jung Rodhak Cement Bangur Cement and Rockstrong Cement.