Home MarketShree Cements Ltd.

Shree Cements Ltd. Stock Info: As on 2017-09-20 15:59:17

Nse

18429.30

-56.60(-0.31%)
Change%
52 Week Range
13,010.00
18.00
20,538.00
15.00
Open18,680.00
Day's Range16,637.31 - 20,334.49
Value Traded (in ₹ Cr.) 12.17

Bse

18300.70

-177.30(-0.96%)
Change %
52 Week Range
12,555.00
18.00
20,560.00
15.00
Open18,470.00
Day's Range16,630.20 - 20,325.80
Value Traded (in ₹ Cr.) 6.06

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 22,569,797.00 64.79%
Mutual Funds/UTI 1,396,113.00 4.01%
FII 5,124,545.00 14.71%
Employee 0.00 0.00%
Public 1,139,956.00 3.27%
Government 0.00 0.00%
Others 908,234.00 2.61%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 7.77
Basic EPS (Rs.) 130.59
Cash EPS 391.31
BVPerShare Excl 1773.89
Operating Revenue 1598.09
PBDITPerShare 413.42
Dividend 24.00
NPPerShare 130.58
Current Ratio 1.73
Quick Ratio 1.03
PriceToBV 7.00
Earnings 0.01
PBDIT Margin 25.86
PBT Margin 8.16
NP Margin 8.17
Return On Assets 5.17
Retention Ratios 81.62
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 5,687.86
Total Expenses 5,231.02
EBITDA 1,440.37
PBT 454.54
PAT 399.59
Net Income 454.93
More
Parameter Dec-15 (₹ Cr.) 6M % change
Total Income 3,597.70
Total Expenses 3,312.49
EBITDA -289.43
PBT 236.46
PAT 231.59
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 34.84
Net worth 6,180.22
Investments 2,366.20
Total Liability 8,789.02
Total debt 716.67
Net block 3,314.67
Total Assets 8,789.02
Parameter Mar-16 (₹ Cr.) 6M % change
Total share capital 34.84
Net worth 6,180.22
Investments 2,366.20
Total Liability 8,789.02
Total debt 716.67
Net block 3,314.67
Total Assets 8,789.02
Company Curr Price Prev. Close Change% W's Low/High

ACC Ltd.

1786.05 1817.2 -1.71
1778.11855

Ambuja Cements Ltd.

279.9 285.1 -1.82
278.35287.8

Andhra Cements Ltd.

12.2 12.6 -3.17
12.0513.55

Anjani Portland Cement Ltd.

261.1 262.7 -0.61
252.1268

Barak Valley Cements Ltd.

29.85 30.05 -0.67
27.8530.5

Birla Corporation Ltd.

958.7 960.55 -0.19
932.85967

Burnpur Cement Ltd.

8.6 8.75 -1.71
8.559.65
Company Curr Price Prev. Close Change% W's Low/High

ACC Ltd.

1787.5 1816.35 -1.59
17801858

Ambuja Cements Ltd.

280.1 284.2 -1.44
279.15287.7

Andhra Cements Ltd.

12.25 12.76 -4
12.0313.5

Anjani Portland Cement Ltd.

261.25 262.5 -0.48
252269.9

Barak Valley Cements Ltd.

30 29.65 1.18
28.0530.5

Bheema Cements Ltd.

9.1 9.1 0
9.19.1

Birla Corporation Ltd.

956.55 960.3 -0.39
931.3965.75
More
Parameter Mar-16(in ₹ Cr.)
Cash from operating activities 1,032.98
Cash from investing activities -1,262.26
Cash from financing activities 248.53
Net change in cash 19.25

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Kotak Select Focus Fund - Regular Plan 2.28%
UTI Equity Fund 3.63%
UTI Infrastructure Fund 6.97%
Tata Balanced Fund - Regular Plan 1.70%
DSP BlackRock Balanced Fund 1.85%
Axis Focused 25 Fund 5.67%

NBCC to launch 1,000 flats for sale during festival

State-owned construction firm NBCC will launch about 1,000 flats for sale in this festival season and is in discussion with the government to develop affordable housing projects on surplus land with PSUs. The company is also in talks with the government for developing islands in Andaman and Nicobar and Lakshadweep, its Chairman and Managing Director Anoop Kumar Mittal said. We have been appointed as land management agency for the surplus land with sick PSUs. We are in close discussion with the government to develop affordable housing projects on some of the land parcels, he told reporters. On developing island, Mittal said the company has experience in developing islands in Maldives and expects to bag similar projects in India. We will be launching 1,000 flats as well as commercial area across the country including Delhi-NCR in this festival. The flats will be in the price range of Rs 15 lakh to Rs 1 crore, he said. Asked about taking over stressed projects of Jaypee Infratech and Amrapali, he said the company has not received any offer from any stakeholder including buyers, builders or the government. However, he said the company would certainly consider if there is any opportunity, provided projects should be viable and not bring bad name to the NBCC. On land purchase from Air India, Mittal said the company had signed an MoU with Air India for monetisation of surplus land assets of the national carrier, but there has not been much progress. However, the CMD said that the company has recently bought a land parcel from Air India in Mauritius for Rs 3 crore. Two years back, it had bought another land parcel from Air India in Coimbatore for Rs 25 crore. Mittal said two land parcels in Vasant Vihar and Baba Kharag Singh Marg in Delhi were given on lease to Air India by the government and the same is being returned to the Ministry of Housing and Urban Affairs. The company could develop projects on these two land parcels, he added. Mittal said the company has an order book of Rs 75,000 crore and the same is likely to touch Rs 1 lakh crore in the next few months. The company has an order book of Rs 700 crore from overseas. On developing railway stations, he said the company has bagged 10 projects and would like to develop at least 4-5 projects before acquiring more such projects from the Railway Ministry. Among major projects, NBCC has bagged over Rs 2,000 crore project to develop integrated exhibition-cum-convention centre for ITPO at Pragati Maidan. NBCC, which is under the administrative control of Ministry of Housing and Urban Affairs, is present in three main segments - Project Management Consultancy (PMC), Real Estate Development and EPC Contracting.

20-09-2017 17:10

NTPC wins Bhubaneswar round of Tata Crucible Corporate Quiz

National Thermal Power Corporation Ltd has emerged the winner of the Bhubaneswar regional round of Tata Crucible Corporate Quiz, 2017. Around 50 teams from prominent corporate houses across the state capital participated in the quiz, which will traverse 25 cities in India, a Tata Group release said. Chandan Shahi and Sujit Varkey of NTPC will compete with winning teams from five cities in the zonal finals. Soubhagya Jena and Gursheel Singh Sahni from Reckitt Benckiser were declared as the runners-up. Suresh G Menon, vice-president and general manager - Tata Consultancy Services Ltd (Eastern Region), yesterday felicitated the winners, who were awarded Rs 75,000, while the runners-up took home a prize money of Rs 35,000. The Tata Crucible Corporate Quiz, 2017 format is based on the concept of 'Real-Time Strategy', involving different rounds, with decision-making and strategy being the key to win the title, the release said. The national winners will get a prize money of Rs 5 lakh, along with the Tata Crucible Trophy, it added.

20-09-2017 15:31

Unichem Lab gets USFDA nod for Ibesartan, Hydrochlorothiazide Tablets

Drug major Unichem Laboratories on Wednesday said it has received ANDA approval from the USFDA for Ibesartan and Hydrochlorothiazide Tablets USP, 150mg/12.5mg and 300 mg/12.5 mg which are therapeutically equivalent to Avalide tablets 150 mg/12.5 mg and 300mg/12.5 mg of Sanofi – Aventis US LLC. “Ibesartan and Hydrochlorothiazide is a combination of Ibesartan, an angiotensin II receptor antagonist and Hydrochlorothiazide, a thiazide diuretic. The product is indicated for hypertension in patients likely to need multiple drugs to achieve their blood pressure goals,” said Unichem Laboratories in a filing to the Bombay Stock Exchange. The product will be commercialised from Unichem’s Ghaziabad plant. API will also be made at Pithampura/Roha API plants, it added. Meanwhile, shares of company were trading at Rs 245 apiece, down 1.33 per cent, from previous close on the BSE at 15:20 hours.

20-09-2017 15:12

GIPCL bags 75 MW solar power projects from GUVNL

Gujarat Industries Power Company (GIPCL) said that it has emerged as one of the successful Bidders for the 75 MW Solar Power Project in the e-reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL). “GIPCL has emerged as one of the successful Bidders for the 75 MW Solar Power Project in the e-reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL) on September 19, 2017 for 500 MW Solar Power Projects, in the State of Gujarat. on September 19, 2017 for 500 MW Solar Power Projects, in the State of Gujarat,” the company said in a filing to the Bombay Stock Exchange. GIPCL is engaged in business of Electrical Power Generation. The company has a vision to transform itself into a national level power sector enterprise. Meanwhile, shares of the company were trading at Rs 142.65 apiece, up 2.55 per cent from the previous close at 14:25 hours on BSE.

20-09-2017 14:22

PGCIL board approves Rs 198.50 cr for Baharampur unit

State-run electric utilities company Power Grid Corporation of India on Wednesday said its board has approved investment worth Rs 198.49 crore for Baharampur (POWERGRID) –Bheramara, Bangladesh. “The POWERGRID boards of directors in their meeting on September 19, 2017, have accorded investment approval for Baharampur (POWERGRID) –Bheramara, Bangladesh 2nd 400kV D/c Transmission Line (Indian Portion) at an estimated cost of Rs 198.49 crore,” Power Grid Corporation of India said in a filing to the Bombay Stock Exchange. The company further said that the commissioning schedule for plant is 24 months from the date of investment approval. Meanwhile, shares of company were trading at Rs 213.6 apiece, down 0.81 per cent, from previous close on the BSE at 14:10 hours.

20-09-2017 13:59

Shree Cement - Analyst / Investor Meet - Intimation

Analyst / Investor Meet - Intimation

17-Aug-2017 05:18 PM

Shree Cement - Analysts/Institutional Investor Meet/Con. Call Updates

Shree Cements Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

17-Aug-2017 05:17 PM

Shree Cement - Shareholders meeting

Shree Cements Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 31, 2017. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

01-Aug-2017 01:04 PM

Shree Cement - Outcome of AGM

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Proceedings of the 38th Annual General Meeting (AGM) of the Company held on Monday, 31st July, 2017 at 1.00 PM at Registered office of the Company is attached as Annexure 1.

Further, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details regarding the voting results of the business transacted through remote e-voting and voting through Poll (ballot paper) at the AGM is attached as Annexure 2. We are also enclosing the consolidated report of the Scrutinizer on remote e-voting and voting through Poll (ballot paper) which is attached as Annexure 3.

All the resolutions as set out in the Notice of the 38th AGM have been approved by the shareholders with requisite majority.

01-Aug-2017 12:52 PM

Shree Cement Q1 net profit down 13.31% at Rs 440.11 cr

Net revenue of the company rose substantially by 30.29 per cent at Rs 2,864.54 crore for the quarter ended June 30, 2017 as against Rs 2,198.65 crore in the corresponding period last year. During Apr-Jun quarter, operating expenses increased by 48.83 per cent to Rs 2,184.58 crore from Rs 1,467.84 in year ago period. Other Income grew by 82.83 per cent at Rs 130.69 crore versus (Jun'16 Rs 71.48 crore). Operating Profit slipped by 10.20 per cent to Rs 679.96 crore as against Rs 757.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.15 per cent in Jun quarter. Interest grew by 19.25 per cent y-o-y to Rs 32.90 crore, while Taxation decreased by 23.60 per cent at Rs 106.49 crore (Jun'16 Rs 139.38 crore). On the standalone basis, Net Profit during the quarter fell by 13.31 per cent to Rs 440.11 crore from Rs 507.67 crore in the previous year quarter.

31-Jul-2017 02:25 PM

Shree Cement - Analyst / Investor Meet - Intimation

Analyst / Investor Meet - Intimation

17-Aug-2017 05:18 PM

Shree Cement - Outcome of AGM

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Proceedings of the 38th Annual General Meeting (AGM) of the Company held on Monday, 31st July, 2017 at 1.00 PM at Registered office of the Company is attached as Annexure 1.

Further, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details regarding the voting results of the business transacted through remote e-voting and voting through Poll (ballot paper) at the AGM is attached as Annexure 2. We are also enclosing the consolidated report of the Scrutinizer on remote e-voting and voting through Poll (ballot paper) which is attached as Annexure 3.

All the resolutions as set out in the Notice of the 38th AGM have been approved by the shareholders with requisite majority.

01-Aug-2017 12:52 PM

Shree Cement - Financial Results For 30/06/2017

Pursuant to Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, Board approved the Standalone Unaudited Financial Results for the Quarter ended on 30th June, 2017. Financial Results approved by the Board alongwith the Limited Review Report of Statutory Auditors of the Company over the said financial results are enclosed herewith.

31-Jul-2017 01:15 PM

Corporate Details

About Management

YEAR EVENTS 1979 - The Company was incorporated on 25th October, at Jaipur. The Company was promoted by members of the Bangur family and others. Shree Digvijay Cement Co. Ltd., Graphite India, Ltd. and Fort Gloster Industries, Ltd. took active part in the promotion of theCompany. The Company manufacture's cement & cement products. - To reduce fuel and power consumption, the Company adopted the latest dry process, four stage preheater precalcination technology of clinkerisation and air swept roller mill grinding system for raw material and coal grinding. - The Company entered into agreement with F.L. Smidth & Co. A/s. Copenhagen, a designer and manufacture of cement plants, itsassociates F.L. Smidth & Cia. Espanola S.A., Madrid and withLarsen & Toubro Ltd., Mumbai for the supply of plant equipment and services for the proposed project. 1984 - 70 No. of equity shares subscribed for by the signatories to the Memorandum of Association. In Oct./Nov. 1,53,99,930 No. of equity shares issued of which 1,06,99,930 shares reserved for firm allotment as follows: - (i) 48,00,000 shares to Shree Digvijay Cement Co. Ltd.; - (ii) 11,00,000 shares each to Graphite India, Ltd. and Fort Gloster Industries, Ltd. and - (iii) 36,99,930 shares to Directors, their friends etc. including upto 25,00,000 shares to NRIs with repatriation rights. The balance 47,00,000 shares offered to the public of which 18,80,000 shares offered for allotment on preferential basis to Non-Residents. 1985 - Commercial production commenced from 1st May. 1986 - A diesel generating set of 13.6 MW was installed for captive power generation. 1987 - 46,00,000 shares issued to financial institutions in conversion of loans. 1991 - Production of clinker and cement declined due to a major shut down of the plant for implementation of modernisation/renovation/modification work. - The Company undertook to set up a new cement plant of 0.6 million TPA capacity in Rajasthan. - 7,96,000 No. of Equity shares issued to financial institution inconversion of loan. 1992 - 36,00,000 shares allotted to FLT Ltd. a wholly owned subsidiary of P.L. Smith & Co. Denmark under financial collaboration agreement. 1993 - The Company undertook a scheme of implementing second stage of its licensed capacity to increase its capacity to 3300 tonnes per day. - The Company issued 21975 - 16% each with equity warrants and these will be converted as per institutional guidelines. - 2,40,021 shares issued in pursuance of scheme of Amalgamation. 1994 - The Company issued 10,00,000-16% Secured Redeemable NCD of Rs 100 each on private placement basis. - A scheme of amalgamation of an existing leasing and finance Company with the Company was prepared for undertaking leasing activities and other financial services on large scale. - M/s. Mannakrishna Investment, Ltd. is a subsidiary of the Company. 1995 - The Company undertook the implementation of new unit of 124 MT capacity per annum named "Raj Cement". - 43,95,000 No. of Equity shares on surrender of detachable optional share warrants attached with 16% unsubscribed non-Convertible Debentures of 100 each. 1996 - The Company commissioned its second cement plant - Raj Cement with a capacity of 12.4 lakh tonnes per annum in Beawar. - 58,06,204 rights shares issued (prem. Rs 10 per share) in the prop. 1:5. 1998 - Shree Cement, the Calcutta-based PD-BG Bangur group company, has decided to issue preference shares aggregating Rs 15 crore to mobilise long-term funds. - Shree Cement's expansion in capacity by 12.4 lakh tonnes at the new unit in Reawar, has made it a leading cement manufacturer in North India. - ICRA has downgraded the rating of the NCD programme of Shree Cement Ltd (SCL) from LAA to LA. - The Rs 372-crore 1.25 million tonne cement plant near Ajmer was commissioned during the year after considerable delay due to an explosion in the electro-static precipitator. - Shree Cements has an installed capacity to produce up to two million tonnes of cement per annum in Rajasthan and has an equity capital of about Rs. 34 crores. 1999 - The company has been awarded the first prize for energy conservation in 1998 in the cement sector. - SCL, belonging to the house of Bangurs, is one of the largest cement manufacturers in North India, having the installed capacity of 2 million tonnes. Its plants are located in Rajasthan. The new plant was set up at Beawar with the capacity of 1.24 million tpa in Rajasthan. 2002 -Unit I and Unit II of the company receives National Award for 'Best Electrical Energy Performance' and 'Best Thermal Energy Performance' in the Cement Industry for the year 2000-01 -Decides to change the Accounting year to April - March each year and accordingly the current year is only for nine months. -Appoints Mr M K Singhi as the Executive Director of Shree Cements. -In pursuance to the IDBI, company approve for early redemption of privately placed under noted cummulative redeemable preference shares. -Change in Management Structure: Mr B G Bangur re-appointed as executive chairman and Shri H M Bangur re-appointed as the Managing Director for a period of five years. 2003 -Members approve for the delisting of its shares from 4 stock exchanges of Jaipur, Kolkota, Delhi and Chennai exchanges. -Confers the Runner up National Safety Award by the Ministry of Labour,GOI, in recognition of outstanding performance in Industrial Safety achieving longest accident free period. -Receives permission for delisting of shares from Delhi Stock Exchange. -The company has been conferred "National Award for Excellence in Energy Management 2003" instituted by the Confederation of Indian Industry (CII) and Sohrabji Godrej Green Business Centre. -Delisting of equity shares from Madras Stock Exchange Association Ltd 2004 -Company conferred 'BEST PRODUCITY AWARD-2003' by the Rajasthan State Productivity Council in recognition of productivity measures and productivity improvements achieved - Rajasthan Chamber of Commerce & Industries, Jaipur presents 'RCCI Excellence Award' to Shree Cement Ltd in recognition of Overall Best Corporate Governance Practices and Disclosures in Annual Report among all companies having registered office in Rajasthan. -Delist from The Calcutta Stock Exchange Association Ltd (CSE). 2005 -Shree Cement commissions 6 MW captive Thermal Power Plant at Rajasthan -Shree Cement bags TERI corporate award 2006 -CII Energy Excellence Management Award 2005 -Launch of Bangur Cement in Feb 2005 2007 -Shree Cement - Best Corporate Governance Award by RCC -- Shree Cement Ltd has appointed Shri. Amitabha Ghosh as Director of the Company w.e.f. May 14, 2007. -Shree Cement bags "National Awards for excellence in water Management" 2007 2008 -Shree Cement - RCCI Excellence Award -Launch of Tuff Cemento 3556 in March 2007. -National awards for Excellence in Water Management as "Water efficient Unit by CII, 2007. 2009 -The Company has commissioned an additional clinker capacity of 1 mn tonnes. 2011 -World Economic Forum (WEF), Switzerland has identified the Company as New Sustainability Champion. -The Company has recommended final Dividend @ Rs. 8 per share. 2012 -The Company has recommended final Dividend @ Rs. 8 per share. 2013 - Shree Cement is one of the largest cement manufacturer in Northern India with annual capacity of 135 lac tons. - Shree Cement - Mother Teresa Award for Corporate Citizen 2012 n recognition of various "Samaj Seva Work" one for nearby community. - The Company has been conferred the Nirmata Rajya Mitra Award by Commercial Taxes Department, Government of Rajasthan for highest tax payer. - The Company has won the "Social and Corporate Governance Award" for Best Corporate Social Responsibility Practices. - The company has received the Golden Peacock Business Excellence Award for its quality of leadership and governance, innovation and sustainability. - The Company has lighted up its Clinker Manufacturing Unit having capacity of 6000 Ton per day (TPD) at Bangur City, Ras in Pali Distt of Rajasthan. - The company as part of its "Samaj Sewa" (CSR) initiative, has created a history by organizing a massive Blood Donation Camp. 2014 - Shree Cement inaugurates new unit of 2.0 Million Tons Per Annum (MTRA) capacity at Bangur City, Ras, District Pali, Rajasthan. - Shree Cement - Commissioning of Grinding Unit of 2.0 Million Tons Per Annum (MTPA) capacity at Aurangabad in Bihar. - Company has started the commercial production of its Grinding Unit. - Shree Cement - Execution of Business Transfer Agreement with Jaiprakash Associates Ltd. situated at Panipat, Haryana and Competition Commission of India (CCI) has passed Approval for proposed Combination. 2015 -Shree Cement Ltd has commissioned Cement Mill Section of 2.60 Million Tons Per Annum (MTPA) Capacity at Baloda Bazar near Raipur in Chhattisgarh -Shree Cement Ltd has completed the phase-2 of "Ras New Cement Unit" at Rajasthan and enhanced its Cement Production Capacity by 2.00 MTPA . -Shree Cement has completed the acquisition of MTPA cement grinding unit of Jaiprakash Associates for an aggregate consideration of Rs. 358.22 Crores -Shree Cement Ltd has commissioned Clinker manufacturing unit of 1.50 Million Tons Per Annum (MTPA) Capacity at Baloda Bazar near Raipur in Chhattisgarh -Shree Cement - Commissioning of Grinding Unit at Bulandshahr in Uttar Pradesh 2016 -Shree Cement secures first non-coal mining lease in Chhattisgarh -Shree Cement gets 5-star ranking for its cement plants -Shree Cement bags coal linkage for its Chhattisgarh cement plant

Registered Office

Village Khapradih, Tehsil- Simga,

0771-2430007,2430023,,      ,

Registrar Details

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