Investing in stocks is the best way to grow your long-time wealth. Stock markets are the best investment since the returns are mostly high. If the company is doing well, the shares naturally become more profitable. It is always good to have a diverse share portfolio.
Shree Cement is India’s third-leading cement company. Shree Cement has been faring well in the share market. The following article will help you take a decision regarding buying or selling shares of Shree Cement.
The following table shows the status of Shree Cement’s shares price as of January 17, 2023.
| Performance |
| Low: ₹ 23,985.95 |
| High: ₹ 24140.00 |
| Previous Close: ₹ 24086.10 |
| Opening Price: ₹ 23991.95 |
| VWAP: 24058.79 |
| Face Value: 10 |
| Fundamentals |
| Market Cap: ₹ 86628.79 Crores |
| Price-Earnings (P/E) Ratio: 52.91 |
| Profit-to-Book (P/B) Ratio: 4.93 |
| ROE: 9.32% |
| Book Value: 4884.43 |
Table of contents
- Shree Cement Share Price (BSE)
- Shree Cement Share Price (NSE)
- Shree Cement Share Price
- Shree Cement Company Information
- History of Shree Cement
- Management of Shree Cement
- Shree Cement Company Location
- Shree Cement Company Performance
- Shree Cement Stock Returns in 2022 and 2023
- Shree Cement Listings and Indices
- Should You Invest in Shree Cement?
- FAQ’s about Shree Cement Share Price
Shree Cement Share Price (BSE)
| OPEN | 23991.95 |
| PREVIOUS CLOSE | 24086.1 |
| VOLUME | 34 |
| 52-WEEK HIGH | 27932.6 |
| 52-WEEK LOW | 17900 |
| P/E | 52.84 |
| MKT CAP. (RS CR) | 86,779 |
| BUY PRICE | 24029.55 |
| BUY QTY | 1 |
| SELL PRICE | 24067.95 |
| SELL QTY | 2 |
Shree Cement Share Price (NSE)
| OPEN | 24000 |
| PREVIOUS CLOSE | 24060.4 |
| VOLUME | 2724 |
| 52-WEEK HIGH | 27936.75 |
| 52-WEEK LOW | 17865.2 |
| P/E | 52.84 |
| MKT CAP.(RS CR) | 86,779 |
| BUY PRICE | 24051.9 |
| BUY QTY | 2 |
| SELL PRICE | 24062.85 |
| SELL QTY | 1 |
Shree Cement Share Price
The following table shows the pattern of Shree Cement shares in the last five years.
| Basis | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Revenue | 15,555.45 | 13,942.66 | 13,142.79 | 12,804.41 | 10,222.15 |
| Total Revenue Growth (%) | 11.57 | 6.09 | 2.64 | 25.26 | 14.14 |
| Total Expenses | 12,663.63 | 10,938.58 | 11,208.53 | 11,480.64 | 8,395.02 |
| Total Expenses Growth (%) | 15.77 | -2.41 | -2.37 | 36.76 | 13.06 |
| Profit after Tax (PAT) | 2,331.94 | 2,285.87 | 1,535.85 | 1,006.39 | 1,384.15 |
| PAT Growth (%) | 2 | 48.83 | 52.61 | -27.29 | 3.37 |
| Operating Profit Margin (%) | 20.7 | 24.15 | 17.29 | 12.51 | 19.95 |
| Net Profit Margin (%) | 15.53 | 16.96 | 11.93 | 8.01 | 14.07 |
| Basic EPS (₹) | 646.31 | 633.54 | 435.35 | 288.88 | 397.32 |
Shree Cement Company Information
Shree Cement is India’s third largest cement company, currently headquartered in Kolkata. Shree Cement has exponentially increased its output in the last few years. The production of the company has increased in the last twenty years from two million tonnes to 43.3 million tonnes within the country and around 50 million tonnes abroad. Their cement production plants are located in Beawar, Jobner, Ras, Suratgarh and Khushkhera in Rajasthan, Laksar in Uttrakhand, Bulandshahar in UP, Panipat in Haryana, Aurangabad in Bihar and Raipur in Chhattisgarh. The company also has power plants across the country. Power is sold under Shree Mega Power and Shree Power. The two plants are situated in Beawar and Ras. Except for the projects in Panipat and UAE, all Shree Cement plants are greenfield.
Shree Cement is listed on both stock exchanges. Its symbol is SHREECEM.
History of Shree Cement
Benu Gopal Bangur founded Shree Cement in 1979. The first plant was established in 1983 and production commenced in 1985. Shree Cement has always believed in sustainable and inclusive growth from the start. In 2003 they inaugurated their first captive power plant in Beawar. In 2015, Shree Cement became the first cement company to receive five-stars from Whitehopleman. Their greenfield projects speak for their work in the sustainable development field. Even after multiple wins, the company is not sitting still. They are constantly growing.
Management of Shree Cement
Shree Cement is one of India’s leading cement companies. The following is the management team of Shree Cement.
| Designation | Name |
| Chairman Emeritus | BG Bangur |
| Chairman | HM Bangur |
| Vice Chairman | Prashant Bangur |
| Managing DIrector | Neeraj Akhoury |
| Independent Director | Shreekant Somany |
| Independent Director | Nitin Desai |
| Independent Director | SK Shelgikar |
| Independent Director | Uma Gurkha |
| Independent Director | Zubair Ahmed |
| Whole Time Director | PN Chhangani |
| Commercial and Chief Happiness Officer | Sanjay Mehta |
| Jt. President (Commercial) | Arvind Khicha |
| Jt. President (Coal Procurement) | KC Gandhi |
| Jt. President (Power) | Manmohan Rathi |
| Company Secretary and Chief Risk and Compliance Officer | SS Khandelwal |
| Vice President (Accounts and Contracts) | KK Jain |
| Chief Financial Officer | Subhash Jajoo |
Shree Cement Company Location
Registered Office:
Shree Cement Limited
Bangur Nagar, Beawar- 305901, District- Ajmer, Rajasthan
Corporate Office:
Shree Cement Limited
21 Strand Road, 700001, Kolkata, West Bengal
Shree Cement Company Performance
The net sales turnover of the company has improved over the period of five years from 2018 to 2022. The net sales turnover in the month of March 2018 was ₹9833.1 crores and in March 2022, it was ₹14305.88 crores. The equity rate dividend was highest in 2020. The total expenses of the company reduced during 2020 due to Covid 19 and was around the same round even the following year, However, the total expenses of Shree Cement increased to ₹10658.04 crores. The following table gives an idea about the growth of Shree Cement over the last five years.
| Basis | Mar’22 | Mar’21 | Mar’20 | Mar’19 | Mar’18 |
| INCOME | |||||
| Net Sales Turnover | 14305.88 | 12588.39 | 11904 | 11722 | 9833.1 |
| Other Income | 537.34 | 458.00 | 271.62 | 245.40 | 389.05 |
| Total Income | 14843.22 | 13046.39 | 12175.62 | 11967.4 | 10222.15 |
| EXPENSES | |||||
| Stock Adjustments | -146 | 42.05 | 4.97 | -30.61 | 1.29 |
| Raw Material Consumed | 1002.46 | 833.59 | 763.27 | 894.81 | 769.06 |
| Power and Fuel | 3161.38 | 2033.32 | 2347.62 | 2745.04 | 1979.65 |
| Employee Expenses | 807.23 | 759.72 | 731.01 | 677.82 | 588.05 |
| Administration and Selling Expenses | 0 | 0 | 0 | 0 | 0 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 |
| Expenses Capitalised | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 5833.45 | 4964.99 | 4382.6 | 4782.12 | 4022.27 |
| Provisions Made | 0 | 0 | 0 | 0 | 0 |
| TOTAL EXPENSES | 10658.04 | 8633.67 | 8229.47 | 9069.18 | 7360.32 |
| Operating Profit | 3647.84 | 3954.72 | 3674.53 | 2652.82 | 2472.78 |
| EBITDA | 4185.18 | 4412.72 | 3946.15 | 2898.22 | 2861.83 |
| Depreciation | 1036.48 | 1139.9 | 1699.42 | 1391.68 | 899.4 |
| EBIT | 3148.7 | 3272.82 | 2246.73 | 1506.54 | 1962.43 |
| Interest | 217.78 | 247.1 | 286.52 | 246.98 | 135.27 |
| EBT | 2930.92 | 3025.72 | 1960.21 | 1259.56 | 1827.16 |
| Taxes | 554.3 | 713.79 | 390.03 | 130.38 | 442.98 |
| Profit and Loss for the Year | 2376.62 | 2311.93 | 1570.18 | 1129.18 | 1384.18 |
| Extraordinary Items | 0 | 0 | 0 | -178.13 | 0 |
| Prior Year Adjustment | 0 | 0 | 0 | 0 | 0 |
| Other Adjustment | 0 | 0 | 0 | 0 | 0 |
| Reported PAT | 2376.62 | 2311.93 | 1570.18 | 951.05 | 1384.18 |
| KEY ITEMS | |||||
| Reserves Written Back | 0 | 0 | 0 | 0 | 0 |
| Equity Capital | 36.08 | 36.08 | 36.08 | 34.84 | 34.84 |
| Reserves and Surplus | 17234.79 | 15213.99 | 12900.34 | 9562.55 | 8861.99 |
| Equity Dividend Rate | 900 | 600 | 1100 | 600 | 500 |
| Agg. Non-Promoter Share(Lakhs) | 0 | 0 | 0 | 0 | 0 |
| Agg. Non-Promoter Holding(%) | 0 | 0 | 0 | 0 | 0 |
| Government Share | 0 | 0 | 0 | 0 | 0 |
| Capital Adequacy Ratio | 0 | 0 | 0 | 0 | 0 |
| EPS(Rs.) | NaN | NaN | NaN | NaN | NaN |
| Rs (in Crores) | – | – | – | – | – |
Shree Cement Stock Returns in 2022 and 2023
|
Date
|
Price
|
Open
|
High
|
Low
|
Volume
|
Chg%
|
| 44958 | 24479.05 | 23740.2 | 24688.75 | 23457.15 | 111.35K | 0.0335 |
| 44927 | 23684.55 | 23296.5 | 24773 | 21410 | 888.14K | 0.017 |
| 44896 | 23289.45 | 23900 | 24612.9 | 23055.4 | 685.25K | -0.0247 |
| 44866 | 23879.75 | 22800 | 24017 | 22230.2 | 908.50K | 0.0501 |
| 44835 | 22740.5 | 21102 | 22800 | 20150 | 1.34M | 0.0812 |
| 44805 | 21033.1 | 22010 | 25550 | 20585.95 | 3.63M | -0.0471 |
| 44774 | 22073.1 | 20625.25 | 22550 | 20539.95 | 664.33K | 0.0768 |
| 44743 | 20498 | 19050 | 21622 | 18898.85 | 612.62K | 0.0783 |
| 44713 | 19009.7 | 22100 | 22172.5 | 17865.2 | 1.14M | -0.1405 |
| 44682 | 22116.3 | 25812.85 | 26284.75 | 20676 | 877.17K | -0.1468 |
| 44652 | 25921.5 | 23995 | 26340 | 23951.05 | 602.54K | 0.0786 |
| 44621 | 24032.6 | 24105 | 24385 | 21650 | 1.51M | -0.0157 |
| 44593 | 24414.7 | 24590 | 25884.6 | 22832 | 845.67K | 0.0061 |
| 44562 | 24267.1 | 27000 | 27936.75 | 23500.05 | 757.09K | -0.1008 |
Shree Cement Listings and Indices
Following the indices where Shree Cement is registered.
| Nifty 100 | S&P BSE 100 ESG Index |
| Nifty 200 | S&P BSE 100 LargeCap TMC Index |
| Nifty 50 Equal Weight | S&P BSE 200 |
| Nifty 500 | S&P BSE 250 LargeMidCap Index |
| NIFTY 500 Multicap 50:25:25 Index | S&P BSE 500 |
| Nifty Commodities | S&P BSE AllCap |
| Nifty Infrastructure | S&P BSE Basic Materials |
| Nifty LargeMidcap 250 | S&P BSE Carbonex |
| Nifty Low Volatility 50 | S&P BSE Dividend Stability Index |
| Nifty Next 50 | S&P BSE Dollex – 200 |
| Nifty Total Market | S&P BSE LargeCap |
| Nifty100 Equal Weight | S&P BSE LargeMidCap |
| S&P BSE 100 | S&P BSE SENSEX Next 50 |
Should You Invest in Shree Cement?
Shree Cement is one of India’s fastest growing cement companies. Their approach towards development is that of sustainability ever since their inception. Their shares currently are on the higher side. Their price trends seem to be somewhat strong. However, these prices are expected to fall soon. Keep an eye out on the market, since it fluctuates every day. Hire a trustworthy broker who would guide you through the process of when to invest.
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FAQ’s about Shree Cement Share Price
Q1. How many shares does Shree Cement have?
Shree Cement has 3,60,80,748 shares.
Q2. What is the Shree Cements share price today?
₹24,050.00 as of January 17, 2023 (9:00 am)
Q3. How to buy Shree Cement shares?
To buy Shree Cement shares, open a Demat account and then a trading account. Register with a trusted broker. You can also register with a trading application. However, vet the application before you invest.
