Shree Cement Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
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. Further, it also produces autoclaved aerated concrete blocks, a lightweight, precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Key Metrics
PE ratio
29.76
PB ratio
3.98
Dividend yield
0.47%
Beta
0.51
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Building Materials / Basic Materials |
|---|---|
| Website | https://www.shreecement.com |
| Mailing address | 21, Strand Road Kolkata 700001 India |
| Phone / Fax | 91 33 2230 9601 / 91 33 2243 4226 |
Dividends
Dividend yield
0.47%
Dividend amount
₹90.00
Payout ratio
16.25%
Shree Cement Limited paid ₹90.00 dividend and the ex-dividend date was 13 July 2022.The dividend payout ratio is 16.25%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SHREECEM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
SHREECEM's forward dividend amount is ₹150 and the forward dividend yield is 0.78%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Shree Cement Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Prashant Bangur | Joint MD & Whole-Time Director | 41 | 247.33M |
| Mr. Hari Mohan Bangur | MD & Exec. Director | 69 | 466.14M |
| Mr. Prakash Narayan Chhangani | Whole Time Director | 61 | 50.33M |
| Mr. Subhash Jajoo | Chief Fin. Officer | ||
| Mr. Vinay Saxena | Sr. VP of Operations | ||
| Mr. Kamlesh Kumar Jain | VP of Accounts & Contract Cell | ||
| Mr. Manoranjan Kumar | Chief Information Officer of IT & ERP | ||
| Mr. Shyam Sunder Khandelwal | Compliance Officer, Company Sec. & Chief Investor Relations Officer | 51 | |
| Mr. Diwakar Payal | Pres of Marketing | 63 | |
| Mr. Kirit Chhaganlal Gandhi | Joint Pres of Material Management | 65 |
Profitability and management effectiveness
Profit margin
15.54%
Operating margin
17.07%
Return on assets
7.08%
Return on equity
14.18%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Shree Cement Limited is and its enterprise value is .
The SHREECEM's stocks Beta value is 0.51 making it 49% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Shree Cement Limited (NSE:SHREECEM) Frequently Asked Questions
1. What is Shree Cement Limited's Stock Symbol?
Shree Cement Limited trades on NSE under the ticker symbol "SHREECEM".
2. What is Shree Cement Limited's stock price today?
One share of SHREECEM stock can currently be purchased for approximately ₹19233.05.
3. How can I contact Shree Cement Limited?
Shree Cement Limited's mailing address is 21, Strand Road Kolkata 700001 India. The company can be reached via phone at 91 33 2230 9601.
4. What is Shree Cement Limited's official website?
The official website of Shree Cement Limited is https://www.shreecement.com.