Shree Cement
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. The last earnings update was 289 days ago. More info.
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SHREECEM Share Price and Events
7 Day Returns
1 Year Returns
SHREECEM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Shree Cement (SHREECEM) | 0.1% | 7.1% | 21.9% | 13.4% | 53.2% | 238.6% |
| IN Basic Materials | 2% | 6.3% | 12.7% | -5.4% | 31.8% | 103.7% |
| IN Market | 0.8% | 2.8% | 5.9% | -0.7% | 41.2% | 72.5% |
1 Year Return vs Industry and Market
- SHREECEM outperformed the Basic Materials industry which returned -5.4% over the past year.
- SHREECEM outperformed the Market in India which returned -0.7% over the past year.
SHREECEM Value
Is Shree Cement undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Shree Cement
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Shree Cement.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 21 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 15.8% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Basic Materials Unlevered Beta | Simply Wall St/ S&P Global | 0.9 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.903 (1 + (1- 35%) (5%)) |
0.954 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.95 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.954 * 8.6%) |
15.76% |
Discounted Cash Flow Calculation for NSEI:SHREECEM using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Shree Cement is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 15.76%) |
|
|---|---|---|---|
| 2019 | 7,364.27 | Analyst x7 | 6,361.80 |
| 2020 | 19,581.12 | Analyst x11 | 14,612.98 |
| 2021 | 26,526.85 | Analyst x10 | 17,101.64 |
| 2022 | 18,774.00 | Analyst x1 | 10,455.86 |
| 2023 | 14,698.03 | Est @ -21.71% | 7,071.52 |
| 2024 | 12,797.21 | Est @ -12.93% | 5,318.87 |
| 2025 | 11,928.57 | Est @ -6.79% | 4,282.95 |
| 2026 | 11,631.97 | Est @ -2.49% | 3,607.94 |
| 2027 | 11,692.98 | Est @ 0.52% | 3,133.15 |
| 2028 | 12,000.76 | Est @ 2.63% | 2,777.89 |
| Present value of next 10 years cash flows | ₹74,724.61 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹12,000.76 × (1 + 7.55%) ÷ (15.76% – 7.55%) |
₹157,255.56 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹157,255.56 ÷ (1 + 15.76%)10 |
₹36,400.97 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹74,724.61 + ₹36,400.97 |
₹111,125.59 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹111,125.59 / 34.84 |
₹3189.85 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹3,189.85 |
| Current discount | Discount to share price of
₹19,408.90
= -1 x (₹19,408.90 - ₹3,189.85) / ₹3,189.85 |
-508.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Shree Cement is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Shree Cement's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Shree Cement's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹397.32 |
| NSEI:SHREECEM Share Price ** | NSEI (2019-04-22) in INR | ₹19408.9 |
| India Basic Materials Industry PE Ratio | Median Figure of 50 Publicly-Listed Basic Materials Companies | 20.68x |
| India Market PE Ratio | Median Figure of 2,738 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Shree Cement.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NSEI:SHREECEM Share Price ÷ EPS (both in INR) = 19408.9 ÷ 397.32 |
48.85x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Shree Cement is overvalued based on earnings compared to the IN Basic Materials industry average.
- Shree Cement is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Shree Cement's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 48.85x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts |
18.4%per year |
| India Basic Materials Industry PEG Ratio | Median Figure of 22 Publicly-Listed Basic Materials Companies | 1.63x |
| India Market PEG Ratio | Median Figure of 585 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 48.85x ÷ 18.4% |
2.66x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Shree Cement is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Shree Cement's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in INR | ₹2,553.78 |
| NSEI:SHREECEM Share Price * | NSEI (2019-04-22) in INR | ₹19408.9 |
| India Basic Materials Industry PB Ratio | Median Figure of 64 Publicly-Listed Basic Materials Companies | 1.4x |
| India Market PB Ratio | Median Figure of 3,628 Publicly-Listed Companies | 1.11x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NSEI:SHREECEM Share Price ÷ Book Value per Share (both in INR) = 19408.9 ÷ 2,553.78 |
7.6x |
* Primary Listing of Shree Cement.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Shree Cement is overvalued based on assets compared to the IN Basic Materials industry average.
Value checks
We assess Shree Cement's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check) Shree Cement has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
SHREECEM Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Shree Cement's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Shree Cement's earnings growth is positive but not above the India market average.
- Shree Cement's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:SHREECEM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts | 18.4% |
| NSEI:SHREECEM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 21 Analysts | 14.3% |
| India Basic Materials Industry Earnings Growth Rate | Market Cap Weighted Average | 20.6% |
| India Basic Materials Industry Revenue Growth Rate | Market Cap Weighted Average | 8.5% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 year ago) | See Below |
| Future Estimates | Average of up to 21 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-03-31 | 173,133 | 32,774 | 24,272 | 1 |
| 2021-03-31 | 157,398 | 36,210 | 22,028 | 17 |
| 2020-03-31 | 137,439 | 31,898 | 17,779 | 20 |
| 2019-03-31 | 117,725 | 25,218 | 10,299 | 17 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 98,331 | 18,787 | 13,842 |
| 2017-03-31 | 85,943 | 22,016 | 13,391 |
| 2016-03-31 | 73,515 | 20,882 | 15,241 |
| 2015-06-30 | 64,536 | 12,385 | 4,263 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 year ago) | See Below |
| Future Estimates | Average of up to 21 Analyst Estimates (S&P Global) | See Below |
All data from Shree Cement Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-03-31 | 697.00 | 697.00 | 697.00 | 1.00 |
| 2021-03-31 | 643.86 | 782.55 | 560.70 | 12.00 |
| 2020-03-31 | 507.75 | 611.10 | 369.90 | 16.00 |
| 2019-03-31 | 294.97 | 361.07 | 253.79 | 8.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-03-31 | 397.32 |
| 2017-03-31 | 384.38 |
| 2016-03-31 | 437.50 |
| 2015-06-30 | 122.37 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Shree Cement's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Shree Cement has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
SHREECEM Past Performance
How has Shree Cement performed over the past 5 years?
- Shree Cement's last earnings update was 289 days ago.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Insufficient data to establish if Shree Cement's year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Shree Cement's 1-year earnings growth to the 5-year average due to insufficient past data.
- Shree Cement's earnings growth has not exceeded the IN Basic Materials industry average in the past year (3.4% vs 3.6%).
Earnings and Revenue History
All data from Shree Cement Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 98,331.00 | 13,841.50 | 31,326.30 | |
| 2017-03-31 | 85,943.00 | 13,390.80 | 24,306.10 | |
| 2016-03-31 | 73,515.18 | 15,241.33 | 20,334.26 | |
| 2015-06-30 | 64,535.70 | 4,263.00 | 18,631.10 | |
| 2014-06-30 | 58,873.10 | 7,872.10 | 18,519.60 | |
| 2013-06-30 | 55,902.50 | 10,039.40 | 14,960.30 | |
| 2013-03-31 | 55,024.86 | 10,025.00 | 14,222.08 | |
| 2012-12-31 | 54,217.96 | 8,426.90 | 14,144.48 | |
| 2012-09-30 | 51,894.96 | 6,844.40 | 13,845.98 | |
| 2012-06-30 | 46,396.16 | 4,948.00 | 12,373.68 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Shree Cement has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Shree Cement used its assets more efficiently than the IN Basic Materials industry average last year based on Return on Assets.
- Shree Cement has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Shree Cement's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Shree Cement has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
SHREECEM Health
How is Shree Cement's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Shree Cement's finances.
The net worth of a company is the difference between its assets and liabilities.
- Shree Cement is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Shree Cement's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Shree Cement Company Filings, last reported 1 year ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-03-31 | 88,966.60 | 34,315.60 | 24,443.40 |
| 2017-03-31 | 76,980.00 | 13,107.50 | 7,928.20 |
| 2016-03-31 | 68,454.20 | 8,841.20 | 2,649.10 |
| 2015-06-30 | 52,763.10 | 9,166.40 | 4,711.70 |
| 2014-06-30 | 47,108.10 | 11,998.70 | 8,843.60 |
| 2013-06-30 | 38,436.20 | 12,882.40 | 10,812.20 |
| 2013-03-31 | 32,641.80 | 10,962.20 | 17,985.30 |
| 2012-12-31 | 32,641.80 | 10,962.20 | 17,985.30 |
| 2012-09-30 | 27,339.30 | 17,042.40 | 16,589.70 |
| 2012-06-30 | 27,339.30 | 21,643.70 | 16,589.70 |
- Shree Cement's level of debt (38.6%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (33.6% vs 38.6% today).
- Debt is well covered by operating cash flow (54.7%, greater than 20% of total debt).
- Shree Cement earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Shree Cement's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Shree Cement has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
SHREECEM Dividends
What is Shree Cement's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Shree Cement
shares you are expected to receive
₹6
in your first year as a dividend.
Dividend Amount
- Shree Cement's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
- Shree Cement's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 21 Analyst Estimates (S&P Global) | See Below |
| India Basic Materials Industry Average Dividend Yield | Market Cap Weighted Average of 38 Stocks | 0.5% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-03-31 | ||
| 2021-03-31 | 67.03 | 14.00 |
| 2020-03-31 | 59.04 | 15.00 |
| 2019-03-31 | 48.15 | 15.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-01-22 | 55.000 | 0.322 |
| 2018-07-09 | 50.000 | 0.304 |
| 2018-04-30 | 50.000 | 0.308 |
| 2018-01-11 | 44.000 | 0.258 |
| 2017-01-30 | 40.000 | 0.226 |
| 2016-08-12 | 28.000 | 0.177 |
| 2016-03-10 | 24.000 | 0.175 |
| 2016-02-02 | 26.000 | 0.246 |
| 2015-10-21 | 24.000 | 0.217 |
| 2015-08-05 | 24.000 | 0.210 |
| 2014-08-25 | 22.000 | 0.222 |
| 2014-01-27 | 22.000 | 0.370 |
| 2013-10-03 | 20.000 | 0.455 |
| 2013-07-30 | 20.000 | 0.513 |
| 2012-09-21 | 20.000 | 0.457 |
| 2012-05-15 | 12.000 | 0.407 |
| 2012-01-23 | 14.000 | 0.516 |
| 2011-09-06 | 14.000 | 0.721 |
| 2011-01-31 | 14.000 | 0.787 |
| 2010-05-20 | 16.000 | 0.809 |
| 2010-01-15 | 10.000 | 0.461 |
| 2009-06-01 | 10.000 | 0.657 |
| 2009-04-28 | 10.000 | 1.139 |
| 2009-04-23 | 10.000 | 1.238 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess Shree Cement's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Shree Cement afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Shree Cement has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SHREECEM Management
CEO
| COMPENSATION | ₹195,078,000 |
| AGE | 38 |
| TENURE AS CEO | 3.2 years |
CEO Bio
Mr. Prashant Bangur has been a Joint Managing Director of Shree Cement Limited since February 2, 2016. Mr. Bangur served as an Executive President at Shree Cement Ltd., until February 2, 2016 and served as its an Executive Joint President. He served as Senior Executive Officer at Shree Cement Ltd. He serves as the Chairman of Western India Commercial Co. Ltd., and has been its Director since July 27, 2006. He has been a Director of Shree Capital Services Ltd., since January 2004 and Whole-Time Director of Shree Cement Ltd., since August 21, 2012. He serves as a Director of Ragini Finance Ltd.
CEO Compensation
- Prashant's compensation has increased by more than 20% in the past year.
- Prashant's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Shree Cement management team in years:
- The tenure for the Shree Cement management team is about average.
Management Team
Prashant Bangur
Joint MD & Whole-Time Director
₹195M
38
3.2 yrs
Hari Bangur
MD & Executive Director
₹426M
66
Subhash Jajoo
Chief Finance Officer
₹8M
4.6 yrs
Shyam Khandelwal
Chief Risk & Compliance Officer and Company Secretary
₹14M
48
Vinay Saxena
Senior Vice President of Operations
Kamlesh Jain
Vice President of Accounts & Contract Cell
2.3 yrs
Manoranjan Kumar
Chief Information Officer- IT & ERP
2.4 yrs
Diwakar Payal
President of Marketing
₹15M
60
Kirit Gandhi
Joint President of Material Management
62
Prakash Chhangani
Whole Time Director
₹9M
58
Board of Directors Tenure
Average tenure and age of the Shree Cement board of directors in years:
- The average tenure for the Shree Cement board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Benu Bangur
Non-Executive Chairman
₹4M
84
7.3 yrs
Prashant Bangur
Joint MD & Whole-Time Director
₹195M
38
6.7 yrs
Hari Bangur
MD & Executive Director
₹426M
66
26.8 yrs
Prakash Chhangani
Whole Time Director
₹9M
58
0.8 yrs
Om Setia
Independent & Non-Executive Director
₹4M
80
19.8 yrs
Ratan Gaggar
Independent & Non-Executive Director
₹4M
86
24.3 yrs
Shreekant Somany
Independent & Non-Executive Director
₹4M
70
18.5 yrs
Yoginder Alagh
Independent & Non-Executive Director
₹4M
79
14.5 yrs
Ramakant Sharma
Director
₹4M
74
5.3 yrs
Nitin Desai
Independent & Non-Executive Director
₹4M
77
7.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Shree Cement's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Shree Cement has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
SHREECEM News
Simply Wall St News
How Does Shree Cement Limited's (NSE:SHREECEM) Earnings Growth Stack Up Against Industry Performance?
Were SHREECEM's earnings stronger than its past performances and the industry. … SHREECEM's trailing twelve-month earnings (from 31 March 2018) of ₹14b has. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 11%, indicating the rate at which SHREECEM is growing has slowed down
Simply Wall St - – Full articleShould You Be Impressed By Shree Cement Limited's (NSE:SHREECEM) ROE?
To keep the lesson grounded in practicality, we'll use ROE to better understand Shree Cement Limited (NSE:SHREECEM). … Over the last twelve months Shree Cement has recorded a ROE of 16%. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWant To Invest In Shree Cement Limited (NSE:SHREECEM)? Here's How It Performed Lately
For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. … How SHREECEM fared against its long-term earnings performance and its industry … SHREECEM's trailing twelve-month earnings (from 31 March 2018) of ₹13.84b has
Simply Wall St - – Full articleShree Cement Limited (NSE:SHREECEM) Investors Are Paying Above The Intrinsic Value
In this article I am going to calculate the intrinsic value of Shree Cement Limited (NSE:SHREECEM). … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleCan Shree Cement Limited's (NSE:SHREECEM) ROE Continue To Surpass The Industry Average?
and looking to gauge the potential return on investment in Shree Cement Limited (NSE:SHREECEM). … With an ROE of 15.56%, Shree Cement Limited (NSE:SHREECEM) outpaced its own industry which delivered a less exciting 10.30% over the past year. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden
Simply Wall St - – Full articleYou Should Buy Shree Cement Limited (NSE:SHREECEM) Because Of These Reasons
Today I've chosen to put the spotlight on Shree Cement Limited (NSE:SHREECEM) due to its excellent fundamentals in more than one area. … a excellent … Below, I've touched on some key aspects you should know on a high level.
Simply Wall St - – Full articleWhy Shree Cement Limited (NSE:SHREECEM) Is A Financially Healthy Company
This article will examine SHREECEM’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Next Steps: Although SHREECEM’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.
Simply Wall St - – Full articleWill Shree Cement Limited's (NSE:SHREECEM) Earnings Grow Over The Next Year?
In this article, I've outline a few earnings growth rates to give you a sense of the market sentiment for Shree Cement in the longer term. … View our latest analysis for Shree Cement What can we expect from Shree Cement in the longer term? … NSEI:SHREECEM Future Profit May 10th 18 By 2021, SHREECEM's earnings should reach ₹26.50B, from current levels of ₹13.84B, resulting in an annual growth rate of 20.59%.
Simply Wall St - – Full articleIs It Too Late To Buy Shree Cement Limited (NSE:SHREECEM)?
Shree Cement Limited (NSEI:SHREECEM), a basic materials company based in India, saw significant share price volatility over the past couple of months on the NSEI, rising to the highs of ₹19104.25 and falling to the lows of ₹16000.75. … Let’s take a look at Shree Cement’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … Furthermore, Shree Cement’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta.
Simply Wall St - – Full articleWhy I Bought Shree Cement Limited (NSE:SHREECEM)
I will touched on some key aspects you should know on a high level, around its financials and growth prospects going forward. … SHREECEM has high near term liquidity, with short term assets (cash and other liquid assets) amply covering upcoming one-year liabilities, as well as long-term commitments. … SHREECEM has managed its cash well at a current level of ₹7.93B.
Simply Wall St - – Full articleSHREECEM Company Info
Description
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. The company operates in two segments, Cement and Power. It offers cement under the Shree Jung Rodhak, Bangur, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 639.7 megawatts through thermal power and waste heat recovery power plants. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Details
| Name: | Shree Cement Limited |
| SHREECEM | |
| Exchange: | NSEI |
| Founded: | 1979 |
| ₹686,079,083,566 | |
| 34,837,225 | |
| Website: | http://www.shreecement.com |
| Address: |
Shree Cement Limited 21, Strand Road, Kolkata, West Bengal, 700001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NSEI | SHREECEM | Equity Shares | National Stock Exchange of India | IN | INR | 04. Aug 1994 | |
| BSE | 500387 | Equity Shares | Mumbai Stock Exchange | IN | INR | 04. Aug 1994 |
Number of employees
Current staff
Industry
| Construction Materials | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 12:49 |
| End of day share price update: | 2019/04/22 00:00 |
| Last estimates confirmation: | 2019/04/16 |
| Last earnings filing: | 2018/07/07 |
| Last earnings reported: | 2018/03/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
