Shree Cement
Market Cap
₹650.8b
Last Updated
2019/10/22 12:43 UTC
Data Sources
Company Financials +
Executive Summary
Shree Cement Limited manufactures and sells cement and clinker in India and internationally.
Snowflake
Fundamentals
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Shree Cement's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
5.0%
SHREECEM
2.8%
IN Basic Materials
2.4%
IN Market
1 Year Return
41.3%
SHREECEM
15.1%
IN Basic Materials
8.0%
IN Market
Return vs Industry: SHREECEM exceeded the Indian Basic Materials industry which returned 15.1% over the past year.
Return vs Market: SHREECEM exceeded the Indian Market which returned 8% over the past year.
Shareholder returns
| SHREECEM | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | 2.8% | 2.4% |
| 30 Day | 1.4% | -1.5% | 2.5% |
| 90 Day | -5.6% | -6.5% | 3.6% |
| 1 Year | 41.8%41.3% | 15.8%15.1% | 10.3%8.0% |
| 3 Year | 14.8%13.2% | -3.1%-4.7% | 22.3%16.0% |
| 5 Year | 131.3%127.1% | 46.1%41.4% | 42.8%29.3% |
Price Volatility Vs. Market
How volatile is Shree Cement's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 months ago | Simply Wall St
How Does Shree Cement Limited's (NSE:SHREECEM) Earnings Growth Stack Up Against Industry Performance?1 year ago | Simply Wall St
Should You Be Impressed By Shree Cement Limited's (NSE:SHREECEM) ROE?1 year ago | Simply Wall St
Shree Cement Limited (NSE:SHREECEM)'s Return on CapitalValuation
Is Shree Cement undervalued compared to its fair value and its price relative to the market?
50.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHREECEM (₹19515.6) is trading above our estimate of fair value (₹7569.82)
Significantly Below Fair Value: SHREECEM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SHREECEM is poor value based on its PE Ratio (50.1x) compared to the Basic Materials industry average (17.3x).
PE vs Market: SHREECEM is poor value based on its PE Ratio (50.1x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: SHREECEM is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: SHREECEM is overvalued based on its PB Ratio (6.6x) compared to the IN Basic Materials industry average (1x).
Next Steps
Future Growth
How is Shree Cement forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
21.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHREECEM's forecast earnings growth (21.7% per year) is above the savings rate (7.6%).
Earnings vs Market: SHREECEM's earnings (21.7% per year) are forecast to grow faster than the Indian market (18.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHREECEM's revenue (12.4% per year) is forecast to grow faster than the Indian market (11.3% per year).
High Growth Revenue: SHREECEM's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHREECEM's Return on Equity is forecast to be low in 3 years time (17%).
Next Steps
Past Performance
How has Shree Cement performed over the past 5 years?
6.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SHREECEM's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: SHREECEM's earnings growth over the past year (13.6%) exceeds its 5-year average (6.1% per year).
Earnings vs Industry: SHREECEM earnings growth over the past year (13.6%) underperformed the Basic Materials industry 13.1%.
Return on Equity
High ROE: SHREECEM's Return on Equity (13.2%) is considered low.
Return on Assets
ROA vs Industry: SHREECEM has a higher Return on Assets than the Basic Materials industry average last year.
Return on Capital Employed
ROCE Improving: SHREECEM's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Shree Cement's financial position?
Financial Position Analysis
Short Term Liabilities: SHREECEM's short term assets (₹54.7B) exceeds its short term liabilities (₹28.4B)
Long Term Liabilities: SHREECEM's short term assets (54.7B) exceeds its long term liabilities (31.4B)
Debt to Equity History and Analysis
Debt Level: SHREECEM's debt to equity ratio (20.8%) is considered satisfactory
Reducing Debt: SHREECEM's debt to equity ratio has reduced from 23.2% to 20.8% over the past 5 years.
Debt Coverage: SHREECEM's debt is well covered by operating cash flow (156.5%).
Interest Coverage: SHREECEM's interest payments on its debt are well covered by EBIT (1155.2x coverage).
Balance Sheet
Inventory Level: SHREECEM has a high level of physical assets or inventory.
Debt Coverage by Assets: SHREECEM's debt is covered by short term assets (assets are 2.543030x debt).
Next Steps
Dividend
What is Shree Cement's current dividend yield, its reliability and sustainability?
0.31%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SHREECEM's dividend (0.31%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: SHREECEM's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).
Stable Dividend: SHREECEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHREECEM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.4%), SHREECEM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHREECEM's dividends in 3 years are forecast to be thoroughly covered by earnings (14.5% payout ratio).
Next Steps
Management
What is the CEO of Shree Cement's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Prashant Bangur (39yo)
3.7yrs
Tenure
₹230,107,000
Compensation
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 ...
CEO Compensation Analysis
Compensation vs. Market: Insufficient data to establish whether Prashant's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Prashant's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
60yo
Average Age
Experienced Management: SHREECEM's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
11.7yrs
Average Tenure
74.5yo
Average Age
Experienced Board: SHREECEM's board of directors are seasoned and experienced ( 11.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Diwakar Payal (61yo)
President of Marketing
- Tenure: 0yrs
- Compensation: ₹14.67m
Shyam Khandelwal (49yo)
Chief Risk & Compliance Officer and Company Secretary
- Tenure: 0yrs
- Compensation: ₹15.02m
Kirit Gandhi (63yo)
Joint President of Material Management
- Tenure: 0yrs
Prakash Chhangani (59yo)
Whole Time Director
- Tenure: 1.3yrs
- Compensation: ₹30.11m
Prashant Bangur (39yo)
Joint MD & Whole-Time Director
- Tenure: 3.7yrs
- Compensation: ₹230.11m
Hari Bangur (67yo)
MD & Executive Director
- Tenure: 27.3yrs
- Compensation: ₹462.43m
Vinay Saxena
Senior Vice President of Operations
- Tenure: 0yrs
Kamlesh Jain
Vice President of Accounts & Contract Cell
- Tenure: 2.8yrs
Subhash Jajoo
Chief Finance Officer
- Tenure: 5.1yrs
- Compensation: ₹10.25m
Manoranjan Kumar
Chief Information Officer
- Tenure: 2.9yrs
Board Members
Ratan Gaggar (87yo)
Independent & Non-Executive Director
- Tenure: 24.8yrs
- Compensation: ₹4.13m
Shreekant Somany (71yo)
Independent & Non-Executive Director
- Tenure: 19yrs
- Compensation: ₹3.83m
Prakash Chhangani (59yo)
Whole Time Director
- Tenure: 1.3yrs
- Compensation: ₹30.11m
Prashant Bangur (39yo)
Joint MD & Whole-Time Director
- Tenure: 3.7yrs
- Compensation: ₹230.11m
Om Setia (81yo)
Independent & Non-Executive Director
- Tenure: 20.3yrs
- Compensation: ₹4.13m
Hari Bangur (67yo)
MD & Executive Director
- Tenure: 27.3yrs
- Compensation: ₹462.43m
Benu Bangur (85yo)
Non-Executive Chairman
- Tenure: 7.8yrs
- Compensation: ₹3.60m
Yoginder Alagh (80yo)
Independent & Non-Executive Director
- Tenure: 15yrs
- Compensation: ₹4.13m
Nitin Desai (78yo)
Independent & Non-Executive Director
- Tenure: 8.4yrs
- Compensation: ₹4.13m
Sanjiv Shelgikar (64yo)
Non-Executive Independent Director
- Tenure: 4.2yrs
- Compensation: ₹4.05m
Company Information
Shree Cement Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shree Cement Limited
- Ticker: SHREECEM
- Exchange: NSEI
- Founded: 1979
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹650.751b
- Shares outstanding: 34.84m
- Website: https://www.shreecement.com
Number of Employees
Location
- Shree Cement Limited
- 21, Strand Road
- Kolkata
- West Bengal
- 700001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500387 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Aug 1994 |
| SHREECEM | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Aug 1994 |
Biography
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, Ba ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 12:43 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.