SHREECEM

SHREE CEMENTS

Large Cap BSE: 500387 NSE: SHREECEM
₹24050.00
42.5 (0.18%)
  • Advice
  • Hold
As on 04 December, 2022 | 04:59

Shree Cements Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Shree Cements Share Price

Shree Cements Share Returns

  • Over 1 Month 7.72%
  • Over 3 Month 14.04%
  • Over 6 Month 11.16%
  • Over 1 Year -8.52%

Shree Cements Key Statistics

P/E Ratio 54.2
PEG Ratio -1.4
Market Cap Cr 86,774
Price to Book Ratio 5
EPS 654.9
Dividend 0.4
Relative Strength Index 68.28
Money Flow Index 54.68
MACD Signal 399.52
Average True Range 500.68

Shree Cements Investment Rating

  • Master Rating:
  • Shree Cement has an operating revenue of Rs. 16,454.23 Cr. on a trailing 12-month basis. An annual revenue growth of 12% is good, Pre-tax margin of 19% is great, ROE of 13% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 8% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 43 which is a POOR score indicating inconsistency in earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 24 indicates it belongs to a strong industry group of Bldg-Cement/Concrt/Ag and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Shree Cements Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 3,7814,2034,0993,5523,2063,4493,931
Operating Expenses Qtr Cr 3,2583,3843,1882,7262,3082,4362,754
Operating Profit Qtr Cr 5238199118268981,0141,177
Depreciation Qtr Cr 363328301252251233299
Interest Qtr Cr 68575455565455
Tax Qtr Cr 609649136164205179
Net Profit Qtr Cr 190316645492578662768

Shree Cements Technicals

EMA & SMA

Current Price
24050.
42.5 (0.18%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 23213.11
  • 50 Day
  • 22577.92
  • 100 Day
  • 22260.7
  • 200 Day
  • 22714.54
  • 20 Day
  • 23269.5
  • 50 Day
  • 22141.25
  • 100 Day
  • 21811.54
  • 200 Day
  • 22229.13

Shree Cements Resistance and Support

PIVOT
₹23925.84
Resistance
First Resistance 24181.67
Second Resistance 24355.84
Third Resistance 24611.67
RSI 68.28
MFI 54.68
MACD Single Line 399.52
MACD 444.13
Support
First Resistance 23751.67
Second Resistance 23495.84
Third Resistance 23321.67

Shree Cements Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 29,119 961,218 33.01
Week 34,065 1,409,950 41.39
1 Month 41,006 1,374,537 33.52
6 Month 69,402 2,365,218 34.08

Shree Cements Result Highlights

Shree Cements Synopsis

NSE-Bldg-Cement/Concrt/Ag

Shree Cement is involved in the business activities of Manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs. 14305.88 Cr. and Equity Capital is Rs. 36.08 Cr. for the Year ended 31/03/2022. Shree Cements Ltd. is a Public Limited Listed company incorporated on 25/10/1979 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L26943RJ1979PLC001935 and registration number is 001935.
Market Cap 86,937
Sales 15,634
Shares in Float 1.33
No of funds 561
Yield 0.37
Book Value 5.03
U/D Vol ratio 1.2
LTDebt / Equity 8
Alpha -0.05
Beta 0.99

Shree Cements

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 62.55%62.55%62.55%
Mutual Funds 6.52%7.07%7.43%
Insurance Companies 4.06%3.98%3.4%
Foreign Portfolio Investors 12.37%11.85%12.2%
Financial Institutions/ Banks 0.16%0.16%0.13%
Individual Investors 2.47%3.06%3.05%
Others 11.87%11.33%11.24%

Shree Cements Management

Name Designation
Mr. B G Bangur Chairman
Mr. H M Bangur Managing Director
Mr. Prashant Bangur Joint Managing Director
Mr. P N Chhangani Whole Time Director
Mr. Sanjiv Krishnaji Shelgikar Independent Director
Mr. R L Gaggar Independent Director
Mr. Zubair Ahmed Independent Director
Mr. Shreekant Somany Independent Director
Dr. Y K Alagh Independent Director
Mr. Nitin Dayalji Desai Independent Director
Ms. Uma Ghurka Independent Director

Shree Cements Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Shree Cements Corporate Action

Date Purpose Remarks
2022-10-14 Quarterly Results
2022-07-28 Quarterly Results
2022-05-21 Audited Results & Final Dividend
2022-02-04 Quarterly Results & Interim Dividend (Revised) per share(200%)Interim Dividend
2021-10-29 Quarterly Results
Date Purpose Remarks
2022-07-14 FINAL Rs.45.00 per share(450%)Final Dividend
2022-02-12 INTERIM Rs.45.00 per share(450%)Interim Dividend (RD Revised)
2021-07-24 FINAL Rs.60.00 per share(600%)Final Dividend

Shree Cements MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
UTI Nifty 50 Exchange Traded Fund 39494
Kotak Flexicap Fund Growth 37766
SBI Bluechip Fund Regular Growth 34730

Shree Cements FAQs

What is Share Price of Shree Cements ?

Shree Cements share price is ₹24050 As on 04 December, 2022 | 04:45

What is the Market Cap of Shree Cements ?

The Market Cap of Shree Cements is ₹86774.1 Cr As on 04 December, 2022 | 04:45

What is the P/E ratio of Shree Cements ?

The P/E ratio of Shree Cements is 54.2 As on 04 December, 2022 | 04:45

What is the PB ratio of Shree Cements ?

The PB ratio of Shree Cements is 5 As on 04 December, 2022 | 04:45

What is the debt to equity ratio of Shree Cement?

Shree Cement has a reasonable debt to equity of 9%, which signals a healthy balance sheet.

Who is the Chairman of Shree Cement?

Shri B G Bangur is the Chairman of Shree Cement.

When was Shree Cement founded?

Shree Cement Ltd was incorporated in the year 1979 in Beawar, Rajasthan.

Is Shree Cement a good company for investing?

Shree Cement has an operating revenue of INR 14,754.47 Cr. on a trailing 12-month basis. Annual revenue growth of 6% is not great, Pre-tax margin of 22% is great. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on Shree Cement: HOLD

What is the ROE of Shree Cement?

The ROE of Shree Cement is 14% which is good.

Q2FY23