Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.15 | 34.01 | 36.02 | 30.44 | 24.48 | 28.10 | 38.43 | 40.71 | 35.41 | 37.93 | 47.26 | 47.19 |
| Expenses | 17.82 | 22.95 | 25.30 | 22.38 | 21.44 | 21.66 | 30.81 | 30.30 | 27.04 | 27.43 | 40.55 | 39.25 |
| Operating Profit | 7.33 | 11.06 | 10.72 | 8.06 | 3.04 | 6.44 | 7.62 | 10.41 | 8.37 | 10.50 | 6.71 | 7.94 |
| OPM % | 29.15% | 32.52% | 29.76% | 26.48% | 12.42% | 22.92% | 19.83% | 25.57% | 23.64% | 27.68% | 14.20% | 16.83% |
| Other Income | 0.61 | 0.63 | -1.60 | 0.80 | 0.88 | 0.94 | 0.53 | 0.69 | 0.81 | 0.76 | 1.06 | 0.81 |
| Interest | 4.42 | 4.41 | 3.78 | 3.97 | 4.39 | 5.30 | 4.44 | 4.74 | 4.60 | 6.37 | 5.86 | 7.36 |
| Depreciation | 3.00 | 3.01 | 3.01 | 2.99 | 2.94 | 3.03 | 2.96 | 3.48 | 3.40 | 4.12 | 7.78 | 5.61 |
| Profit before tax | 0.52 | 4.27 | 2.33 | 1.90 | -3.41 | -0.95 | 0.75 | 2.88 | 1.18 | 0.77 | -5.87 | -4.22 |
| Tax % | 86.54% | 7.03% | -3.43% | 6.32% | 22.58% | -168.42% | 688.00% | -7.64% | 42.37% | 171.43% | 66.10% | 22.51% |
| Net Profit | 0.07 | 3.97 | 2.41 | 1.78 | -4.18 | 0.64 | -4.41 | 3.09 | 0.69 | -0.54 | -9.76 | -5.17 |
| EPS in Rs | 0.05 | 2.53 | 1.38 | 1.02 | -2.39 | 0.37 | -2.52 | 1.76 | 0.39 | -0.31 | -5.57 | -2.95 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 55 | 52 | 52 | 70 | 68 | 80 | 114 | 123 | 126 | 121 | 161 | 168 |
| Expenses | 43 | 36 | 45 | 45 | 41 | 54 | 78 | 88 | 88 | 96 | 125 | 134 |
| Operating Profit | 13 | 15 | 7 | 25 | 27 | 26 | 35 | 35 | 39 | 25 | 36 | 34 |
| OPM % | 23% | 30% | 14% | 36% | 39% | 33% | 31% | 28% | 31% | 21% | 22% | 20% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 3 | 3 | 3 |
| Interest | 3 | 8 | 1 | 18 | 17 | 16 | 19 | 19 | 17 | 18 | 22 | 24 |
| Depreciation | 3 | 4 | 7 | 12 | 12 | 16 | 11 | 12 | 12 | 12 | 19 | 21 |
| Profit before tax | 6 | 3 | 0 | -4 | -2 | -6 | 7 | 6 | 10 | -2 | -1 | -8 |
| Tax % | 33% | 43% | 714% | 359% | 309% | 47% | -22% | 52% | 10% | 263% | 527% | |
| Net Profit | 4 | 2 | -2 | -20 | -8 | -8 | 9 | 3 | 9 | -6 | -7 | -15 |
| EPS in Rs | 3.52 | 1.47 | -1.43 | -16.88 | -6.37 | -7.04 | 7.59 | 2.43 | 5.21 | -3.52 | -3.73 | -8.44 |
| Dividend Payout % | 12% | 29% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 11% | 15% | 9% | 27% | ||
| Compounded Profit Growth | % | 4% | % | -204% | ||
| Stock Price CAGR | 4% | 14% | -12% | -55% | ||
| Return on Equity | -6% | 3% | -1% | -7% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 12 | 12 | 12 | 12 | 18 | 18 | 18 |
| Reserves | 12 | 15 | 15 | 16 | -4 | 9 | 1 | 10 | 37 | 85 | 79 | 72 |
| Borrowings | 34 | 27 | 63 | 162 | 183 | 158 | 178 | 216 | 180 | 193 | 234 | 237 |
| Other Liabilities | 9 | 12 | 20 | 47 | 40 | 40 | 41 | 36 | 46 | 61 | 80 | 96 |
| Total Liabilities | 60 | 59 | 104 | 230 | 224 | 219 | 232 | 274 | 275 | 356 | 410 | 423 |
| Fixed Assets | 42 | 39 | 77 | 91 | 189 | 176 | 179 | 169 | 204 | 194 | 196 | 347 |
| CWIP | 0 | 8 | 0 | 104 | 1 | 6 | 6 | 47 | 9 | 76 | 139 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18 | 12 | 27 | 34 | 34 | 37 | 47 | 58 | 61 | 86 | 75 | 74 |
| Total Assets | 60 | 59 | 104 | 230 | 224 | 219 | 232 | 274 | 275 | 356 | 410 | 423 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8 | 14 | 5 | -10 | 8 | 22 | 21 | 23 | 33 | 32 | 29 | 37 |
| Cash from Investing Activity | -1 | -8 | -35 | -89 | -6 | -6 | -19 | -48 | -11 | -75 | -56 | -18 |
| Cash from Financing Activity | -6 | -6 | 41 | 80 | -6 | -17 | 11 | 36 | -32 | 55 | 26 | -19 |
| Net Cash Flow | 0 | -0 | 11 | -19 | -4 | -1 | 12 | 11 | -10 | 12 | -1 | 0 |
| Free Cash Flow | 6 | 6 | -30 | -99 | 2 | 16 | 1 | -19 | 23 | -34 | -56 | 18 |
| CFO/OP | 76% | 122% | 48% | -141% | 33% | 84% | 77% | 68% | 98% | 87% | 116% | 102% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 6 | 23 | 42 | 58 | 51 | 19 | 18 | 12 | 15 | 19 | 20 |
| Inventory Days | 190 | 90 | 217 | 222 | 194 | 244 | 221 | 158 | 148 | 159 | 172 | 148 |
| Days Payable | 7 | 30 | 79 | 30 | 64 | 84 | 40 | 10 | 27 | 31 | 50 | 54 |
| Cash Conversion Cycle | 200 | 67 | 161 | 233 | 188 | 212 | 201 | 166 | 133 | 143 | 141 | 114 |
| Working Capital Days | -98 | -124 | -149 | -527 | -355 | -216 | -29 | 67 | -16 | 0 | -99 | -82 |
| ROCE % | 16% | 20% | 17% | 1% | 8% | 9% | 6% | 12% | 11% | 11% | 5% | 6% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 68.97% | 68.97% | 60.99% | 60.99% | 60.99% | 60.99% | 60.99% | 60.99% | 60.99% | 60.99% | 62.33% | 62.33% |
| FIIs | 0.00% | 0.00% | 4.43% | 4.43% | 2.50% | 7.07% | 7.07% | 7.07% | 7.45% | 10.34% | 10.34% | 9.72% |
| Public | 31.04% | 31.04% | 34.59% | 34.58% | 36.50% | 31.93% | 31.95% | 31.94% | 31.55% | 28.67% | 27.33% | 27.95% |
| No. of Shareholders | 5,499 | 4,512 | 4,592 | 4,880 | 5,425 | 5,412 | 5,365 | 5,326 | 4,630 | 4,330 | 4,276 | 4,246 |
Fundamentals
Market Cap₹ 175 Cr.
Current Price₹ 100.0
Book Value₹ 51.2
ROCE6.25 %
ROE-7.02 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)-204%
Standalone figures.
Valuation
Market capRs 173 Cr
Enterprise valueRs 402 Cr
Price to book1.92x
Price to sales1.03x
EV / EBITDA10.88x
EV / EBIT25.05x
EV / sales2.40x
Price to cash flow4.70x
Earnings yield-8.57%
P/E, 3-year average41.90x
P/B, 3-year average2.86x
P/E, 5-year average34.07x
P/B, 5-year average3.06x
Profitability
Operating margin (excl. other income)22.32%
Operating margin (incl. other income)24.38%
EBITDA margin22.03%
Pre-tax margin-4.85%
Net profit margin-8.81%
Net margin, latest quarter-10.96%
ROE-7.02%
ROCE6.25%
ROA-1.57%
ROE, 3-year average-0.38%
ROCE, 3-year average7.28%
ROA, 3-year average-0.09%
ROE, 5-year average12.03%
ROCE, 5-year average8.98%
ROA, 5-year average0.88%
ROIC (approx.)31.52%
Tax rate-526.92%
Other income / net worth3.70%
Growth
Sales growth (latest year)32.82%
Sales CAGR, 3 years9.39%
Sales CAGR, 5 years14.93%
Sales growth QoQ-0.15%
Sales growth YoY (latest quarter)15.92%
Profit growth YoY (latest quarter)-267.31%
Per share
EPS (TTM)Rs -8.44
EPS (latest year)Rs -3.73
EPS (latest quarter)Rs -2.95
EPS, 3-year averageRs -0.68
EPS, 5-year averageRs 1.59
Book value per shareRs 51.21
Sales per shareRs 95.81
Cash flow per shareRs 20.96
Free cash flow per shareRs 10.28
Efficiency
Asset turnover0.38x
Fixed asset turnover0.46x
Inventory turnover3.23x
Inventory days113 days
Debtor days20 days
Debtors turnover18.37x
Creditor days54 days
Cash conversion cycle114 days
Working capital days-82 days
Leverage
Total debtRs 237 Cr
Cash and bankRs 8 Cr
Net debtRs 230 Cr
Debt to equity2.64x
Net debt / EBITDA6.21x
Interest coverage0.66x
Owners' fund to total sources21.19%
Debt to assets56.03%
Cash flow
Cash from Operating Activity (latest year)Rs 37 Cr
Cash from Investing Activity (latest year)Rs -18 Cr
Cash from Financing Activity (latest year)Rs -19 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 18 Cr
FCFE (approx.: FCF + change in debt)Rs 21 Cr
Cash from ops / profit, 5 years19.25x
Sales to cash flow4.39x
Statement figures
Net sales (TTM)Rs 168 Cr
Net sales (latest year)Rs 161 Cr
Sales (latest quarter)Rs 47 Cr
Operating profit excl. other income (latest year)Rs 36 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 37 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs -8 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs -15 Cr
Net profit (latest year)Rs -7 Cr
Net profit (latest quarter)Rs -5 Cr
Depreciation (TTM)Rs 21 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 24 Cr
Cost of goods sold (latest year)Rs 114 Cr
Total expenditure (latest year)Rs 125 Cr
Total income (latest year)Rs 165 Cr
Share capitalRs 18 Cr
ReservesRs 72 Cr
Shareholders' fundsRs 90 Cr
Total assetsRs 423 Cr
Net blockRs 347 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 35 Cr
Other liabilitiesRs 96 Cr
Shares outstanding (crore)1.75
Ownership
Promoter holding62.33% (+1.34 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.92 is the lowest in 9.4 years (median 5.90).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 530977 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.9% | -2.8% | +1.9 pts |
| 1 month | +7.1% | -6.8% | +13.9 pts |
| 3 months | -24.9% | -7.6% | -17.3 pts |
| 3 years | -33.2% | +14.2% | -47.4 pts |
| 5 years | +89.2% | +27.9% | +61.3 pts |
Red flags
F-score 6 of 8| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹47 Cr +15.9% vs Jun 2025.
Net loss ₹5 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| UltraTech Cement Ltd | 319,108 | 37.0 | 12.7 % |
| Grasim Industries Ltd | 210,966 | 36.8 | 8.01 % |
| Ambuja Cements Ltd | 90,882 | 19.3 | 5.61 % |
| Shree Cement Ltd | 79,017 | 48.5 | 10.3 % |
| J K Cements Ltd | 37,278 | 38.2 | 15.1 % |
| Dalmia Bharat Ltd | 30,712 | 28.0 | 7.59 % |
| ACC Ltd | 22,583 | 11.9 | 11.2 % |
| The Ramco Cements Ltd | 19,949 | 105 | 6.13 % |
| JSW Cement Ltd | 15,349 | 19.5 | 11.1 % |
| Nuvoco Vistas Corporation Ltd | 11,793 | 28.4 | 6.99 % |
| India Cements Ltd | 9,412 | 69.7 | 1.24 % |
| Star Cement Ltd | 7,198 | 19.0 | 16.6 % |
| Birla Corporation Ltd | 6,545 | 11.7 | 9.78 % |
| JK Lakshmi Cement Ltd | 6,085 | 15.8 | 12.0 % |
| Prism Johnson Ltd | 5,500 | 46.9 | 5.92 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Shri Keshav Cements & Infra Ltd?
Shri Keshav Cements & Infra Ltd (530977) has a market capitalisation of Rs 175 Cr. at the 2026-10-01 close.
What were Shri Keshav Cements & Infra Ltd's latest quarterly results?
In the Jun 2026 quarter, Shri Keshav Cements & Infra Ltd sales was Rs 47 Cr (+15.9% vs Jun 2025) with a net loss of Rs 5 Cr.