MarketFriction

Shree Digvijay Cement Co. Ltd

NSE SHREDIGCEM · BSE 502180 · Cement & Cement Products
₹66.69 +1.17%
NSE close2026-10-01
52 week range53.90 - 97.15
Market cap₹978 Cr.
P/E54.2
Price band 20% Delivery 44.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales183.39191.18224.26176.80145.17186.76216.42195.95161.35183.34208.47337.27
Expenses165.46142.14176.29155.24137.07186.91188.73172.16141.93180.89183.58308.07
Operating Profit17.9349.0447.9721.568.10-0.1527.6923.7919.422.4524.8929.20
OPM %9.78%25.65%21.39%12.19%5.58%-0.08%12.79%12.14%12.04%1.34%11.94%8.66%
Other Income2.232.063.272.180.851.575.251.401.061.390.211.08
Interest0.770.620.060.720.680.840.520.580.633.554.8011.63
Depreciation8.948.498.238.007.527.057.186.096.209.459.509.50
Profit before tax10.4541.9942.9515.020.75-6.4725.2418.5213.65-9.1610.809.15
Tax %29.19%25.24%26.15%24.97%46.67%-25.35%27.26%25.54%25.05%-23.91%26.39%25.46%
Net Profit7.3931.4031.7311.270.40-4.8318.3613.7910.23-6.977.956.83
EPS in Rs0.502.142.150.760.03-0.331.240.930.69-0.470.540.46
Mar 2016 15mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales474315413436470503629725792725749890
Expenses432307366410369397512624646668679814
Operating Profit4184827101106117101146577176
OPM %9%2.6%12%6%21%21%19%14%18%8%9%9%
Other Income31265264791044
Interest13111142211231021
Depreciation262223242527313535303135
Profit before tax5-1421377838871118353424
Tax %0%-35%35%38%26%35%37%19%26%27%26%
Net Profit5-91325654555888252518
EPS in Rs0.37-0.640.950.153.993.793.843.975.951.701.691.22
Dividend Payout %0%0%0%0%38%66%91%101%50%88%59%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%8%1%20%
Compounded Profit Growth13%-14%-24%-35%
Stock Price CAGR11%-3%-10%-26%
Return on Equity13%15%13%7%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141141141141141141142144145147148148
Reserves5257637778135169168179234216218
Borrowings8611696254000000111514
Other Liabilities829978107100103120150143158226185
Total Liabilities3614143783513603804324624685397001,064
Fixed Assets206216217201194188182197182171163406
CWIP400810913573921615
Investments000000000223
Other Assets151197161142156182237260279328318641
Total Assets3614143783513603804324624685397001,064
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity252131102-29495578696135-411
Cash from Investing Activity-25-32-29-12-4-14-97-40-37-61-164-8
Cash from Financing Activity2517-32-8112-42-21-56-50-3465373
Net Cash Flow255-308638-23-39-0136-45
Free Cash Flow-10-15886-197867226537-48-490
CFO/OP143%53%357%216%-2%106%103%69%102%86%257%-571%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1212611118881115918
Inventory Days213334437181253352342517425408288291
Days Payable121188213236231258234255231197327222
Cash Conversion Cycle104158230-4533101116270205226-3086
Working Capital Days-72-67-92-55-45-8-616135910180
ROCE %4%7%-1%12%3%29%29%29%23%34%9%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.07%55.07%54.83%54.83%54.83%54.68%54.68%54.66%54.66%45.12%59.20%63.71%
FIIs2.93%2.91%2.07%1.94%0.77%0.64%1.12%1.10%0.42%1.04%0.38%0.50%
DIIs0.30%0.70%0.47%0.21%0.89%0.96%1.08%1.99%2.25%4.01%1.29%1.42%
Public41.70%41.32%42.62%43.02%43.50%43.72%43.12%42.25%42.67%49.82%39.13%34.37%
No. of Shareholders74,17674,09285,44294,4831,00,9401,01,6231,00,29996,39591,92886,61383,32681,126

Fundamentals

Market Cap₹ 978 Cr.
Current Price₹ 66.4
Stock P/E54.2
Book Value₹ 24.7
ROCE6.40 %
ROE6.86 %
Dividend Yield1.51 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)-35%
Standalone figures.
Valuation
Market capRs 986 Cr
Enterprise valueRs 1,496 Cr
P/E (TTM)54.66x
Price to book2.70x
Price to sales1.11x
EV / EBITDA18.77x
EV / EBIT33.20x
EV / sales1.68x
Earnings yield1.83%
Dividend yield1.50%
P/E, 3-year average30.02x
P/B, 3-year average2.95x
P/E, 5-year average24.72x
P/B, 5-year average2.96x
Profitability
Operating margin (excl. other income)9.42%
Operating margin (incl. other income)9.96%
EBITDA margin8.95%
Pre-tax margin2.74%
Net profit margin2.03%
Net margin, latest quarter2.03%
ROE6.86%
ROCE6.40%
ROA2.83%
ROE, 3-year average12.83%
ROCE, 3-year average16.41%
ROA, 3-year average8.11%
ROE, 5-year average14.87%
ROCE, 5-year average20.13%
ROA, 5-year average9.82%
ROIC (approx.)3.81%
Tax rate26.07%
Other income / net worth1.11%
Growth
Sales growth (latest year)3.30%
Profit growth (latest year)-0.79%
Sales CAGR, 3 years1.10%
Sales CAGR, 5 years8.30%
Profit CAGR, 3 years-24.33%
Profit CAGR, 5 years-14.27%
Sales growth QoQ61.78%
Profit growth QoQ-14.09%
Sales growth YoY (latest quarter)72.12%
Profit growth YoY (latest quarter)-50.47%
Per share
EPS (TTM)Rs 1.22
EPS (latest year)Rs 1.69
EPS (latest quarter)Rs 0.46
EPS, 3-year averageRs 3.12
EPS, 5-year averageRs 3.43
Book value per shareRs 24.71
Sales per shareRs 60.22
Cash flow per shareRs -27.78
Free cash flow per shareRs -33.14
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.83
Dividend per share, 5-year averageRs 2.60
Dividends
Dividend payout59.16%
Dividend payout, 3-year average65.84%
Dividend payout, 5-year average77.87%
Efficiency
Asset turnover0.70x
Fixed asset turnover1.84x
Inventory turnover4.91x
Inventory days74 days
Debtor days18 days
Debtors turnover20.15x
Creditor days222 days
Cash conversion cycle86 days
Working capital days180 days
Leverage
Total debtRs 514 Cr
Cash and bankRs 4 Cr
Net debtRs 509 Cr
Debt to equity1.41x
Net debt / EBITDA6.39x
Interest coverage2.19x
Current ratio (filing 2026-03-31)2.74x
Quick ratio (filing 2026-03-31)2.22x
Trade payables (filing 2026-03-31)Rs 89 Cr
Owners' fund to total sources34.33%
Debt to assets48.28%
Cash flow
Cash from Operating Activity (latest year)Rs -411 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs 373 Cr
Net Cash Flow (latest year)Rs -45 Cr
Free cash flow (latest year)Rs -490 Cr
FCFE (approx.: FCF + change in debt)Rs -87 Cr
Cash from ops / profit, 5 years-0.15x
Statement figures
Net sales (TTM)Rs 890 Cr
Net sales (latest year)Rs 749 Cr
Sales (latest quarter)Rs 337 Cr
Operating profit excl. other income (latest year)Rs 71 Cr
Operating profit (latest quarter)Rs 29 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 80 Cr
PBDT (TTM)Rs 59 Cr
Profit before tax (TTM)Rs 24 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 18 Cr
Net profit (latest year)Rs 25 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 35 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 574 Cr
Total expenditure (latest year)Rs 679 Cr
Total income (latest year)Rs 753 Cr
Share capitalRs 148 Cr
ReservesRs 218 Cr
Shareholders' fundsRs 365 Cr
Total assetsRs 1,064 Cr
Net blockRs 406 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 3 Cr
ReceivablesRs 37 Cr
InventoryRs 117 Cr
Other liabilitiesRs 185 Cr
Shares outstanding (crore)14.79
Ownership
Promoter holding63.71% (+9.05 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 54.7 is at the 86th percentile of its own 8.4-year range (median 23.1, low 12.4, high 268.5).
P/B 2.70 is at the 37th percentile (median 3.04).
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.
PeriodSHREDIGCEMNifty 50Difference
1 week-1.2%-2.8% +1.6 pts
1 month-9.7%-6.8% -2.9 pts
3 months-12.9%-7.6% -5.2 pts
6 months+17.1%+0.4% +16.7 pts
1 year-25.4%-9.9% -15.4 pts
2 years-32.0%-13.6% -18.5 pts
3 years-26.7%+14.2% -40.9 pts
5 years-14.9%+27.9% -42.8 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -131% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 41% of total assets in 2026
explainDebt up, profit down Borrowings up 364% while net profit fell in 2026
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 2026
Sales ₹337 Cr +72.1% vs Jun 2025. Net profit ₹7 Cr -50.5%.
Against our estimate for Jun 2026: sales +77.0%, profit -29.4% in line. Our estimate for Sep 2026: sales Rs 217 Cr, profit Rs 6 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
UltraTech Cement Ltd319,10837.012.7 %
Grasim Industries Ltd210,96636.88.01 %
Ambuja Cements Ltd90,88219.35.61 %
Shree Cement Ltd79,01748.510.3 %
J K Cements Ltd37,27838.215.1 %
Dalmia Bharat Ltd30,71228.07.59 %
ACC Ltd22,58311.911.2 %
The Ramco Cements Ltd19,9491056.13 %
JSW Cement Ltd15,34919.511.1 %
Nuvoco Vistas Corporation Ltd11,79328.46.99 %
India Cements Ltd9,41269.71.24 %
Star Cement Ltd7,19819.016.6 %
Birla Corporation Ltd6,54511.79.78 %
JK Lakshmi Cement Ltd6,08515.812.0 %
Prism Johnson Ltd5,50046.95.92 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-09Dividend - Re 1 Per Share
2025-08-22Dividend - Rs 1.50 Per Share
2024-07-19Dividend - Rs 3 Per Share
2023-06-21Dividend - Rs 2.50 Per Share
2022-11-01Interim Dividend - Rs 1.50 Per Share
2022-06-10Dividend - Rs 2 Per Share
2021-11-02 Interim Dividend - Rs 1.50 Per Share
2021-06-10 Dividend - Rs 2.50 Per Share
2020-06-22 Dividend - Rs 1.50 Per Share
DateTypeWhat it says
2026-09-16Shareholder meetingVoting results.
2026-09-16Shareholder meetingProceedings of Annual General Meeting held on September 16, 2026
2026-09-16General UpdatesGeneral Updates
2026-08-25General UpdatesGeneral Updates
2026-08-20General UpdatesBRSR Report for FY 2025-26
2026-08-20Shareholder meetingNotice of Annual General Meeting to be held on September 16, 2026
2026-07-24Board meeting outcomeOutcome of Board Meeting held on July 24, 2026 for Intimation of 81st Annual General Meeting ("AGM") of the Company is scheduled to be held on Wednesd...
2026-07-24Record DateRecord date for the purpose of Dividend is 09-Sep-2026.
2026-07-24Press ReleaseA press release dated July 24, 2026, titled "press Release Financial Results for the Quarter Ended 30 June 2026".
2026-07-24Board meeting outcomeShree Digvijay Cement Co.Ltd has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-01General UpdatesAllotment of ESOP Shares
2026-06-25General UpdatesGeneral Updates
2026-06-17AppointmentAppointment of Amit Arora (DIN: 11746165) as CEO & MD as Managing Director & CEO of the company w.e.f. Jun 17, 2026.
2026-06-05Disclosure under SEBI TakeovIndia Resurgence Asset Management Business Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities...
2026-05-29Board meeting outcomeOutcome of Board Meeting held on May 29, 2026.
2026-05-29AppointmentAppointment of Appointment of Mr. Amit Arora as CEO & MD as Managing Director & CEO of the company w.e.f. May 29, 2026.
2026-05-23Reply to Clarification- FinaThe Exchange had sought clarification from Shree Digvijay Cement Co.Ltd for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (L...
2026-04-29General UpdatesGeneral Updates
2026-04-29Press ReleaseA press release dated April 29, 2026, titled "Press Release".
2026-04-29DividendBoard of Directors at its meeting held on April 29, 2026, recommended Final Dividend of Rs. 1.00 per equity share.
2026-04-29Board meeting outcomeShree Digvijay Cement Co.Ltd has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-03-27Concall / analyst meetTranscript
2026-03-25Concall / analyst meetLink of Recording
2026-03-20Concall / analyst meetSchedule of meet
2026-03-14Shareholder meetingProceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
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.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Shree Digvijay Cement Co. Ltd?

Shree Digvijay Cement Co. Ltd (SHREDIGCEM) has a market capitalisation of Rs 978 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shree Digvijay Cement Co. Ltd?

Shree Digvijay Cement Co. Ltd trades at a P/E of 54.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shree Digvijay Cement Co. Ltd's latest quarterly results?

In the Jun 2026 quarter, Shree Digvijay Cement Co. Ltd sales was Rs 337 Cr (+72.1% vs Jun 2025) and net profit was Rs 7 Cr.

What is the 52-week high and low of Shree Digvijay Cement Co. Ltd?

The 52-week high is Rs 97.15 and the 52-week low is Rs 53.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03