company background image
SHRE

Shree CementNSEI:SHREECEM Stock Report

Market Cap

₹922.4b

7D

-3.9%

1Y

5.2%

Updated

29 Nov, 2021

Data

Company Financials +
SHREECEM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends3/6

SHREECEM Stock Overview

Shree Cement Limited manufactures and sells cement and clinker in India and internationally.

Rewards

Earnings are forecast to grow 16.58% per year

Earnings have grown 18.7% per year over the past 5 years

Risk Analysis

No risks detected for SHREECEM from our risk checks.

Shree Cement Competitors

Dalmia Bharat

NSEI:DALBHARAT

₹348.0b

Ramco Cements

NSEI:RAMCOCEM

₹220.8b

Nuvoco Vistas

BSE:543334

₹181.3b

India Cements

NSEI:INDIACEM

₹57.3b

Price History & Performance

Summary of all time highs, changes and price drops for Shree Cement
Historical stock prices
Current Share Price₹25,566.10
52 Week High₹32,048.00
52 Week Low₹22,531.00
Beta0.55
1 Month Change-10.72%
3 Month Change-9.62%
1 Year Change5.18%
3 Year Change52.24%
5 Year Change69.25%
Change since IPO38,636.52%

Recent News & Updates

Nov 24
Is Shree Cement (NSE:SHREECEM) A Risky Investment?

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...

Nov 04
Here's Why We Think Shree Cement (NSE:SHREECEM) Is Well Worth Watching

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...

Aug 26
Returns On Capital At Shree Cement (NSE:SHREECEM) Have Hit The Brakes

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...

Aug 02
Shareholders May Be More Conservative With Shree Cement Limited's (NSE:SHREECEM) CEO Compensation For Now

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

SHREECEMIN Basic MaterialsIN Market
7D-3.9%-4.0%-1.7%
1Y5.2%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

Is SHREECEM's price volatile compared to industry and market?
SHREECEM volatility
SHREECEM Average Weekly Movement3.5%
Basic Materials Industry Average Movement4.9%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market3.8%

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

FoundedEmployeesCEOWebsite
19796,259Prashant Bangurhttps://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

How do Shree Cement's earnings and revenue compare to its market cap?
SHREECEM fundamental statistics
Market Cap₹922.44b
Earnings (TTM)₹26.22b
Revenue (TTM)₹147.17b

35.2x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
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 Margin72.22%
Net Profit Margin17.82%
Debt/Equity Ratio12.4%

How did SHREECEM perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

8%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 15:48
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.