Shree Cement logo

Shree Cement share price

NSE: SHREECEMBSE: 500387Cement & Cement ProductsMid Cap

Formerly Shree Cements
Last close ₹22,735.00up ₹405.00 (1.81%)BSE ₹22,749.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹22,330.00.

52-week range of traded prices to 23 Oct 2026
₹21,355.00Low, 1 Oct 2026₹29,425.00High, 29 Oct 2025
Market cap
₹82,030 Cr120th largest listed
P/E
50.3
P/B
3.5
Dividend yield
0.66%
ROE
7.3%
ROCE
7.0%
Debt to equity
0.07
Volume, NSE
60,77723.5% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−21.5%over a year

ResultsDividend20-session average 52,483 shares a day, 55.6% delivered

Results

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

Quarter to Sep 2026, against the quarter beforeFiled 23 Oct

Revenue
₹5,897 Crdown 5.40%
Net profit
₹263 Crdown 50.40%
Net margin
4.5%

Revenue by year

Peak revenue ₹20,943 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 30 JanMar 2025Filed 10 JunJun 2025Filed 4 AugSep 2025Filed 28 OctDec 2025Filed 6 FebMar 2026Filed 6 MayJun 2026Filed 31 JulSep 2026Filed 23 Oct
Revenue4,5735,5325,2814,7614,8016,1016,2335,897
Net profit194575644310268528531263
Net margin4.2%10.4%12.2%6.5%5.6%8.6%8.5%4.5%
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

In the year to Mar 2026 the company reports one business segment, Cement, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 50% of 2,480 trading days over the last 10 years.

LowestHighest
Its median50.5Industry median27.1
Price to book

At or below today's level on 1% of 1,970 trading days since Nov 2018.

LowestHighest
Its median5.1Industry median1.4
EV to EBITDA18.2

At or below today's level on 2% of 1,970 trading days since Nov 2018.

LowestHighest
Its median23.8Industry median12.9
Dividend yield

At or below today's level on 87% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.38%Industry median0.64%

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−23.9%+55.3%−51.4%0.7%
3 years−3.7%+11.1%−13.8%0.5%
5 years−4.4%−5.3%+0.5%0.4%
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.

Who owns it

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

Shareholding by group

  • Promoters62.55%
  • Foreign institutions8.45%
  • Indian institutions16.48%
  • Individuals and others12.52%
Holder
Shree Capital Services LtdPromoter24.90%
Digvijay Finlease LimitedPromoter11.74%
FLT LimitedForeign companies9.98%
Mannakrishna Investments Pvt LtdPromoter5.66%
Life Insurance Corporation of IndiaInsurance companies3.86%
Newa Investments Pvt LtdPromoter3.81%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

146 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 42 of the 56 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
28
Bought again
3
Added
34
Cut
22
Held unchanged
58
Sold out
63
Fund
SBI Mutual Fund logoSBI Large Cap FundSBI Mutual Fund4,74,6002.02%₹1,060.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund3,54,1430.94%₹791.3 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund3,39,3150.88%₹758.2 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund3,35,0001.85%₹748.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund2,97,1290.87%₹663.9 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund2,70,3241.20%₹604.0 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund2,50,0002.40%₹558.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund1,87,7551.33%₹419.5 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund1,81,2430.79%₹405.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Infrastructure FundICICI Prudential Mutual Fund1,06,8922.90%₹238.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Cement & Cement Products, 40 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Shree 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
UltraTech Cement logoUltraTech CementULTRACEMCO3,25,62037.04.419.3+17.8%–12.1%12.7%2.17%
Grasim Industries logoGrasim IndustriesGRASIM1,96,96034.61.915.8+20.5%–5.7%4.7%0.35%
Ambuja Cements logoAmbuja CementsAMBUJACEM89,180–1.514.3+7.7%––3.4%0.56%
JK Cement logoJK CementJKCEMENT37,50639.75.318.5+15.9%−5.5%14.4%12.6%0.41%
Dalmia Bharat logoDalmia BharatDALBHARAT29,84732.01.712.1+7.6%−0.2%5.3%6.5%0.57%
ACC logoACCACC21,77211.41.18.1+11.8%−21.1%9.8%7.3%0.65%
The Ramco Cements logoThe Ramco CementsRAMCOCEM17,47127.12.215.7+8.6%+101.2%8.3%5.0%0.34%
JSW Cement logoJSW CementJSWCEMENT15,94921.02.416.1––11.6%8.2%0.43%
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 ₹150.00 a share, year to Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹70.00
3 Nov 2025Interim₹80.00
21 Jul 2025Final₹60.00
5 Feb 2025Interim₹50.00
23 Jul 2024Final₹55.00
8 Feb 2024Interim₹50.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Shree Cement share price by year

Each calendar year to 2025.Shree Cement share price history

YearClose at year endChangeHighest closeLowest close
202526,575.00+3.4%32,345.0024,874.50
202425,694.20−10.3%29,613.5523,935.05
202328,653.30+23.0%28,758.9021,901.20
202223,289.45−13.7%27,545.3518,045.75
202126,987.45+12.4%31,748.7522,773.35
202024,013.20+17.9%25,012.7015,783.80
201920,363.95+18.1%21,887.9015,052.40
201817,236.10−4.6%19,536.1013,511.05
201718,074.50+22.7%20,234.0014,122.60
201614,733.40+28.1%17,986.109,525.30
₹ 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 202622,120.0022,930.0021,770.0022,735.0022,361.3660,77723.5%
22 Oct 202622,310.0022,445.0021,875.0022,330.0022,276.3113,74640.1%
21 Oct 202622,310.0022,690.0022,140.0022,310.0022,385.0024,82540.5%
19 Oct 202622,455.0022,920.0022,290.0022,290.0022,606.8462,65345.2%
16 Oct 202622,305.0022,715.0022,210.0022,460.0022,500.8032,99562.9%
15 Oct 202622,015.0022,420.0021,975.0022,315.0022,327.8920,19956.7%
14 Oct 202622,015.0022,320.0021,910.0022,185.0022,156.9444,97859.7%
13 Oct 202621,780.0022,225.0021,675.0022,225.0022,020.4018,91258.9%
12 Oct 202622,085.0022,375.0021,700.0021,860.0022,134.9936,99866.9%
9 Oct 202621,610.0022,200.0021,560.0022,080.0021,943.4322,02253.2%
Prices in ₹ per share as traded, not adjusted.

About Shree Cement

Shree Cement Limited makes and sells cement in India and, through a subsidiary, in the United Arab Emirates. It sells cement under brands including Bangur Magna, Roofon Plus, Bangur Powermax, Shree Jungrodhak and Bangur Rockstrong, through a network of 19,362 dealers. It also supplies ready-mix concrete, which it describes as an extension of its core cement business, and has 26 operational ready-mix plants.

Its cement capacity is 69.3 million tonnes a year, including capacity held in a wholly owned subsidiary in India. The cement is made at six integrated plant locations and 12 split grinding unit locations. The integrated units include Nawalgarh in Rajasthan, Kodla in Karnataka and Guntur in Andhra Pradesh. The company also generates its own power, with a total capacity of 1,137.5 MW, and has a permanent workforce of 7,157 people.

The registered office is at Bangur Nagar, Beawar, Rajasthan. The corporate office is in Gurugram, Haryana, and the group corporate office is in Kolkata, West Bengal. Union Cement Company, its overseas subsidiary, is located in Ras Al Khaimah, UAE, and has a cement capacity of 4 million tonnes a year.

It was incorporated in 1979. It made a public offering in 1984 and listed on BSE in 1985, the year it installed its first cement unit, of 0.6 million tonnes a year, at Beawar. In 2015 it acquired a 1.5 million tonne grinding unit at Panipat. In 2018 it acquired a controlling stake in Union Cement Company in the UAE.

Legal name
SHREE CEMENT LIMITED
NSE symbol
SHREECEM
BSE code
500387
ISIN
INE070A01015
Industry
Cement & Cement Products
Listed
Mar 1985 on BSE, Apr 1995 on NSE
Face value
₹10
CIN
L26943RJ1979PLC001935
Corporate identity number, the registrar of companies' code for it