| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
SHREECEM Stock Overview
Shree Cement Limited manufactures and sells cement and clinker in India and internationally.
Rewards
Risk Analysis
No risks detected for SHREECEM from our risk checks.
Shree Cement Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹25,566.10 |
| 52 Week High | ₹32,048.00 |
| 52 Week Low | ₹22,531.00 |
| Beta | 0.55 |
| 1 Month Change | -10.72% |
| 3 Month Change | -9.62% |
| 1 Year Change | 5.18% |
| 3 Year Change | 52.24% |
| 5 Year Change | 69.25% |
| Change since IPO | 38,636.52% |
Recent News & Updates
Is Shree Cement (NSE:SHREECEM) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Here's Why We Think Shree Cement (NSE:SHREECEM) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Returns On Capital At Shree Cement (NSE:SHREECEM) Have Hit The Brakes
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Shareholders May Be More Conservative With Shree Cement Limited's (NSE:SHREECEM) CEO Compensation For Now
CEO Prashant Bangur has done a decent job of delivering relatively good performance at Shree Cement Limited...
Shareholder Returns
| SHREECEM | IN Basic Materials | IN Market | |
|---|---|---|---|
| 7D | -3.9% | -4.0% | -1.7% |
| 1Y | 5.2% | 45.3% | 42.2% |
Return vs Industry: SHREECEM underperformed the Indian Basic Materials industry which returned 46.6% over the past year.
Return vs Market: SHREECEM underperformed the Indian Market which returned 43% over the past year.
Price Volatility
| SHREECEM volatility | |
|---|---|
| SHREECEM Average Weekly Movement | 3.5% |
| Basic Materials Industry Average Movement | 4.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 3.8% |
Stable Share Price: SHREECEM is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SHREECEM's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 6,259 | Prashant Bangur | https://www.shreecement.com |
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 742 megawatts through thermal, waste heat recovery, solar, and wind power plants.
Shree Cement Fundamentals Summary
| SHREECEM fundamental statistics | |
|---|---|
| Market Cap | ₹922.44b |
| Earnings (TTM) | ₹26.22b |
| Revenue (TTM) | ₹147.17b |
35.2x
P/E Ratio6.3x
P/S RatioIs SHREECEM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHREECEM income statement (TTM) | |
|---|---|
| Revenue | ₹147.17b |
| Cost of Revenue | ₹40.88b |
| Gross Profit | ₹106.29b |
| Expenses | ₹80.07b |
| Earnings | ₹26.22b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 726.71 |
| Gross Margin | 72.22% |
| Net Profit Margin | 17.82% |
| Debt/Equity Ratio | 12.4% |
How did SHREECEM perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield8%
Payout RatioValuation
Is Shree Cement undervalued compared to its fair value and its price relative to the market?
35.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHREECEM (₹25566.1) is trading above our estimate of fair value (₹8794.22)
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 (35.2x) compared to the Indian Basic Materials industry average (16.2x).
PE vs Market: SHREECEM is poor value based on its PE Ratio (35.2x) compared to the Indian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: SHREECEM is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: SHREECEM is overvalued based on its PB Ratio (5.6x) compared to the IN Basic Materials industry average (1.4x).
Future Growth
How is Shree Cement forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
16.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHREECEM's forecast earnings growth (16.6% per year) is above the savings rate (6.7%).
Earnings vs Market: SHREECEM's earnings (16.6% per year) are forecast to grow slower than the Indian market (20.3% per year).
High Growth Earnings: SHREECEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHREECEM's revenue (12.8% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: SHREECEM's revenue (12.8% 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 (16.7%).
Past Performance
How has Shree Cement performed over the past 5 years?
18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHREECEM has high quality earnings.
Growing Profit Margin: SHREECEM's current net profit margins (17.8%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: SHREECEM's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: SHREECEM's earnings growth over the past year (54%) exceeds its 5-year average (18.7% per year).
Earnings vs Industry: SHREECEM earnings growth over the past year (54%) underperformed the Basic Materials industry 79.9%.
Return on Equity
High ROE: SHREECEM's Return on Equity (16%) is considered low.
Financial Health
How is Shree Cement's financial position?
Financial Position Analysis
Short Term Liabilities: SHREECEM's short term assets (₹78.7B) exceed its short term liabilities (₹36.5B).
Long Term Liabilities: SHREECEM's short term assets (₹78.7B) exceed its long term liabilities (₹21.6B).
Debt to Equity History and Analysis
Debt Level: SHREECEM has more cash than its total debt.
Reducing Debt: SHREECEM's debt to equity ratio has reduced from 15.1% to 12.4% over the past 5 years.
Debt Coverage: SHREECEM's debt is well covered by operating cash flow (158%).
Interest Coverage: SHREECEM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Shree Cement current dividend yield, its reliability and sustainability?
0.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHREECEM's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: SHREECEM's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.48%).
Stability and Growth of Payments
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 (8.3%), SHREECEM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHREECEM's dividends in 3 years are forecast to be thoroughly covered by earnings (12.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Prashant Bangur (41 yo)
5.75yrs
Tenure
₹247,331,000
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: Prashant's total compensation ($USD3.30M) is above average for companies of similar size in the Indian market ($USD1.13M).
Compensation vs Earnings: Prashant's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SHREECEM's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: SHREECEM's board of directors are seasoned and experienced ( 10.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shree Cement Limited's 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: ₹922.444b
- Shares outstanding: 36.08m
- Website: https://www.shreecement.com
Number of Employees
Location
- Shree Cement Limited
- 21, Strand Road
- Kolkata
- West Bengal
- 700001
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/29 15:48 |
| End of Day Share Price | 2021/11/29 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.