Saurashtra Cement logo

Saurashtra Cement share price

NSE: SAURASHCEMBSE: 502175Cement & Cement ProductsSmall Cap

Formerly Saurashtra Cement & Chemical Industries
Last close ₹45.31down ₹1.48 (3.16%)BSE ₹45.26

Share price at the NSE close on 23 Oct 2026. Previous close ₹46.79.

52-week range of traded prices to 23 Oct 2026
₹45.00Low, 23 Oct 2026₹105.70High, 28 Oct 2025
Market cap
₹504 Cr1,673rd largest listed
P/E
75.4
P/E without one-offs
30.0
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
0.7%
ROE without one-offs
1.8%
ROCE
−0.6%
Debt to equity
0.11
Volume, NSE
64,05163.7% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Feb 2024, adjusted for splits and bonuses

−55.4%over a year · Nifty 500 −9.8%

Results20-session average 88,213 shares a day, 66.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹457 Crup 2.26%
Net profit
₹9.13 Crdown 51.53%
Net margin
2.0%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2023, the company's revenue for that year, ₹1,645 Cr, differs from its quarters added, ₹1,110 Cr.

₹ croreSep 2024Filed 14 NovDec 2024Filed 14 FebMar 2025Filed 12 JunJun 2025Filed 24 JulSep 2025Filed 7 NovDec 2025Filed 9 FebMar 2026Filed 12 MayJun 2026Filed 6 Aug
Revenue296377478424386410447457
Net profit−31−43317−11−10199
Net margin−10.6%−1.2%6.9%4.0%−2.8%−2.5%4.2%2.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Cement and Cement related products₹1,590 Crup 8.19%95.4%
  • Paints₹76 Crup 11.85%4.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 67% of 1,850 trading days since May 2017.

LowestHighest
Its median15.1Industry median27.1
Price to book

At or below today's level on 3% of 1,866 trading days since Nov 2018.

LowestHighest
Its median0.8Industry median1.5
EV to EBITDA10.1

At or below today's level on 49% of 1,732 trading days since Nov 2018.

LowestHighest
Its median10.3Industry median14.0
Dividend yield

At or below today's level on 90% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.65%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−35.8%+106.3%−68.9%0.0%
3 years−0.7%––0.3%
5 years−5.1%−34.0%+43.5%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters66.62%
  • Foreign institutions0.01%
  • Indian institutions0.12%
  • Individuals and others33.25%
Holder
Mehta Investments Mauritius LimitedPromoter18.63%
The Mehta International Mauritius LtdPromoter15.23%
Galaxy Technologies Private LimitedPromoter14.57%
Omna Enterprises LLPPromoter9.46%
Gujarat Industrial Investment Corporation LimitedPromoter4.60%
Toro Managers LimitedOther non-institutions2.21%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Cement & Cement Products, 40 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Saurashtra Cement in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Shree Digvijay Cement Co.Ltd logoShree Digvijay Cement Co.LtdSHREDIGCEM83146.12.317.6+19.6%−35.0%4.9%4.7%1.78%
NCL Industries logoNCL IndustriesNCLIND7458.10.85.5+2.7%+182.9%10.3%10.0%2.12%
Visaka Industries logoVisaka IndustriesVISAKAIND6928.10.85.4+10.8%+119.3%10.9%10.1%2.75%
Deccan Cements logoDeccan CementsDECCANCE680116.40.920.5+39.4%−70.9%0.8%1.4%0.10%
Bigbloc Construction logoBigbloc ConstructionBIGBLOC490–3.630.6+33.5%––1.6%0.00%
Shiva Cement logoShiva CementSHIVACEM380––60.7+50.2%––−0.5%0.00%
Andhra Cements logoAndhra CementsACL329–4.1105.6+56.4%–−65.2%−6.3%0.00%
Anjani Portland Cement logoAnjani Portland CementAPCL240–0.723.1−10.7%–−11.1%−1.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.00 a share, year to Mar 2024.
Ex-dateTypePer share
14 Aug 2024Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Saurashtra Cement share price by year

Each calendar year to 2025.Saurashtra Cement share price history

YearClose at year endChangeHighest closeLowest close
202581.84−30.8%127.3075.09
2024BSE close118.25+20.9%144.6693.42
2023BSE close97.83+65.0%103.8848.64
2022BSE close59.30−16.8%83.5548.00
2021BSE close71.25+10.0%130.1055.35
2020BSE close64.80+71.0%64.8025.00
2019BSE close37.90−12.7%51.3033.25
2018BSE close43.40−50.2%96.4038.55
2017BSE close87.20+54.3%93.5557.00
2016BSE close56.50−23.3%83.2039.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202647.1247.1245.0045.3145.4864,05163.7%
22 Oct 202647.9549.0045.1646.7946.9459,31772.7%
21 Oct 202649.0549.4647.7348.1048.1544,39368.0%
19 Oct 202650.3050.3149.0549.2449.6218,47473.6%
16 Oct 202650.4951.0048.9550.2949.881,00,09556.9%
15 Oct 202650.9250.9250.0550.2850.411,11,23392.6%
14 Oct 202650.7051.3950.6550.8751.0138,26577.7%
13 Oct 202649.2951.7049.2950.7150.4934,81176.2%
12 Oct 202648.4050.0048.4049.6549.4326,13146.5%
9 Oct 202649.3550.0548.2049.2549.2496,27471.6%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Saurashtra Cement Limited
NSE symbol
SAURASHCEM
BSE code
502175
ISIN
INE626A01014
Industry
Cement & Cement Products
Face value
₹10
CIN
L26941GJ1956PLC000840
Corporate identity number, the registrar of companies' code for it