Shree Cement
Market Cap
₹757.4b
Last Updated
2020/10/23 12:48 UTC
Data Sources
Company Financials +
Executive Summary
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record.
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
Stable Share Price: SHREECEM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
SHREECEM
4.9%
IN Basic Materials
1.6%
IN Market
1 Year Return
4.3%
SHREECEM
10.0%
IN Basic Materials
2.4%
IN Market
Return vs Industry: SHREECEM underperformed the Indian Basic Materials industry which returned 10% over the past year.
Return vs Market: SHREECEM exceeded the Indian Market which returned 2.4% over the past year.
Shareholder returns
| SHREECEM | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 4.9% | 1.6% |
| 30 Day | 10.8% | 15.0% | 4.2% |
| 90 Day | -1.6% | 17.8% | 7.3% |
| 1 Year | 4.7%4.3% | 10.7%10.0% | 4.2%2.4% |
| 3 Year | 11.6%10.4% | -5.5%-7.2% | -1.5%-6.2% |
| 5 Year | 75.0%71.1% | 46.3%42.0% | 40.4%30.0% |
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
2 weeks ago | Simply Wall St
Update: Shree Cement (NSE:SHREECEM) Stock Gained 62% In The Last Five Years1 month ago | Simply Wall St
Here's Why We Think Shree Cement (NSE:SHREECEM) Is Well Worth Watching1 month ago | Simply Wall St
At ₹21,811, Is It Time To Put Shree Cement Limited (NSE:SHREECEM) On Your Watch List?Valuation
Is Shree Cement undervalued compared to its fair value and its price relative to the market?
50.28x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHREECEM (₹20991.7) is trading above our estimate of fair value (₹2985.88)
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 (50.3x) compared to the IN Basic Materials industry average (19.5x).
PE vs Market: SHREECEM is poor value based on its PE Ratio (50.3x) compared to the Indian market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: SHREECEM is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: SHREECEM is overvalued based on its PB Ratio (5.8x) 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 7 analysts?
19.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHREECEM's forecast earnings growth (19.7% per year) is above the savings rate (7.2%).
Earnings vs Market: SHREECEM's earnings (19.7% per year) are forecast to grow slower than the Indian market (25.8% per year).
High Growth Earnings: SHREECEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHREECEM's revenue (11.7% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: SHREECEM's revenue (11.7% 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 (11.9%).
Next Steps
Past Performance
How has Shree Cement performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHREECEM has high quality earnings.
Growing Profit Margin: SHREECEM's current net profit margins (12.3%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: SHREECEM's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: SHREECEM's earnings growth over the past year (33.9%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: SHREECEM earnings growth over the past year (33.9%) exceeded the Basic Materials industry -4.6%.
Return on Equity
High ROE: SHREECEM's Return on Equity (11.3%) is considered low.
Next Steps
Financial Health
How is Shree Cement's financial position?
Financial Position Analysis
Short Term Liabilities: SHREECEM's short term assets (₹78.9B) exceed its short term liabilities (₹34.1B).
Long Term Liabilities: SHREECEM's short term assets (₹78.9B) exceed its long term liabilities (₹33.0B).
Debt to Equity History and Analysis
Debt Level: SHREECEM's debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: SHREECEM's debt to equity ratio has increased from 17.3% to 25% over the past 5 years.
Debt Coverage: SHREECEM's debt is well covered by operating cash flow (120.1%).
Interest Coverage: SHREECEM's interest payments on its debt are well covered by EBIT (24.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Shree Cement current dividend yield, its reliability and sustainability?
0.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHREECEM's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: SHREECEM's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (2.28%).
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 (16.8%), 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 well covered by earnings (20.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Prashant Bangur (40 yo)
4.67yrs
Tenure
₹207,684,000
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 ($USD2.82M) is above average for companies of similar size in the Indian market ($USD1.36M).
Compensation vs Earnings: Prashant's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint MD & Whole-Time Director | 4.67yrs | ₹207.68m | 1.08% ₹ 8.2b | |
| MD & Executive Director | 28.25yrs | ₹417.60m | 1.34% ₹ 10.1b | |
| Chief Finance Officer | 6.08yrs | ₹10.68m | no data | |
| Compliance Officer | no data | ₹17.10m | no data | |
| Whole Time Director | 2.25yrs | ₹43.72m | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Vice President of Accounts & Contract Cell | 3.75yrs | no data | no data | |
| Chief Information Officer of IT & ERP | 3.92yrs | no data | no data | |
| President of Marketing | no data | ₹14.67m | no data | |
| Joint President of Material Management | no data | no data | 0.00014% ₹ 1.1m | |
| Joint President of Commercial | no data | ₹3.07m | no data | |
| Senior Vice President of Marketing | 2.92yrs | no data | no data |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Management: SHREECEM's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint MD & Whole-Time Director | 4.67yrs | ₹207.68m | 1.08% ₹ 8.2b | |
| MD & Executive Director | 28.25yrs | ₹417.60m | 1.34% ₹ 10.1b | |
| Whole Time Director | 2.25yrs | ₹43.72m | no data | |
| Additional Non-Executive Independent Director | 0.92yr | ₹2.65m | no data | |
| Independent & Non-Executive Director | 25.75yrs | ₹3.18m | no data | |
| Independent & Non-Executive Director | 20yrs | ₹3.18m | no data | |
| Independent & Non-Executive Director | 21.25yrs | ₹3.40m | no data | |
| Non-Executive Chairman | 8.75yrs | ₹2.80m | 0.028% ₹ 214.6m | |
| Independent & Non-Executive Director | 16yrs | ₹3.18m | no data | |
| Independent & Non-Executive Director | 9.42yrs | ₹3.33m | no data | |
| Non-Executive Independent Director | 5.17yrs | ₹3.25m | no data |
9.4yrs
Average Tenure
75.5yo
Average Age
Experienced Board: SHREECEM's board of directors are considered experienced (9.4 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 been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
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: ₹757.396b
- 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
| 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. It offers cement under the Shee Jung Rodhak, Bangur, Rockstrong, Roofon Concrete Master, and Bangur Power brand ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/23 12:48 |
| End of Day Share Price | 2020/10/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.