Home MarketShree Cements Ltd.

Shree Cements Ltd. Stock Info: As on 2018-05-24 15:54:41

Nse

16172.85

128.85(0.80%)
Change%
52 Week Range
15,652.15
6.00
19,848.90
11.00
Open16,100.00
Day's Range14,439.60 - 17,648.40
Value Traded (in ₹ Cr.) 29.19

Bse

16102.00

85.30(0.53%)
Change %
52 Week Range
15,600.00
6.00
19,842.30
11.00
Open16,130.55
Day's Range14,415.03 - 17,618.37
Value Traded (in ₹ Cr.) 0.46

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 22,569,797.00 64.79%
Mutual Funds/UTI 2,036,326.00 5.85%
FII 4,465,170.00 12.82%
Employee 0.00 0.00%
Public 1,070,672.00 3.07%
Government 0.00 0.00%
Others 920,221.00 2.64%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 7.03
Basic EPS (Rs.) 384.39
Cash EPS 733.01
BVPerShare Excl 2209.57
Operating Revenue 2419.39
PBDITPerShare 825.18
Dividend 140.00
NPPerShare 384.36
Current Ratio 1.65
Quick Ratio 0.98
PriceToBV 7.70
Earnings 0.02
PBDIT Margin 34.10
PBT Margin 18.16
NP Margin 15.88
Return On Assets 11.99
Retention Ratios 69.82
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 8,936.87
Total Expenses 7,406.06
EBITDA 2,874.94
PBT 1,530.81
PAT 1,339.11
Net Income 1,339.11
More
Parameter Mar-18 (₹ Cr.) 6M % change
Total Income 5,299.46
Total Expenses 4,351.26
EBITDA 505.20
PBT 883.78
PAT 732.57
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 34.84
Net worth 7,698.14
Investments 4,042.60
Total Liability 11,166.11
Total debt 1,292.48
Net block 3,309.56
Total Assets 11,166.11
Parameter Mar-17 (₹ 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.

1332.8 1313.75 1.45
1308.11420

Ambuja Cements Ltd.

212.8 207.5 2.55
206.35220.7

Andhra Cements Ltd.

10.3 9.6 7.29
9.110.4

Anjani Portland Cement Ltd.

180.65 185.95 -2.85
180199

Barak Valley Cements Ltd.

22 21.25 3.53
21.2523.95

Birla Corporation Ltd.

737.3 750.85 -1.8
710763

Burnpur Cement Ltd.

5.15 5.05 1.98
4.85.75
Company Curr Price Prev. Close Change% W's Low/High

ACC Ltd.

1332.5 1313 1.49
13101420

Ambuja Cements Ltd.

212.3 207.1 2.51
204.35220.5

Andhra Cements Ltd.

10.12 9.64 4.98
9.1810.49

Anjani Portland Cement Ltd.

181 179.05 1.09
175197

Barak Valley Cements Ltd.

22.55 21.5 4.88
20.924.7

Bheema Cements Ltd.

9.1 9.1 0
9.19.1

Birla Corporation Ltd.

732.1 750.3 -2.43
711.3764
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 2,201.65
Cash from investing activities -2,047.90
Cash from financing activities -166.91
Net change in cash -13.16

Stock Held By Mutual Fund Schemes

M Venkatesh appointed MRPL MD

M Venkatesh has been appointed as the Managing Director of Mangalore Refineries and Petrochemicals Limited (MRPL), an order issued by the Personnel Ministry said today. Vekatesh is at present Director (Refineries) in the MRPL, a subsidiary of the Oil and Natural Gas Corporation Limited (ONGC) He has been appointed to the post for a period of five years with effect from the date of his assumption of charge of the post on or after June 1, 2018, or till the date of his superannuation, the order said.

24-05-2018 11:42

TCS expands operations in Florida as part of Transamerica deal

India's largest IT services firm TCS today said it has expanded operations in Florida, US, with over 430 employees joining the company as part of its deal with Transamerica. In January, Tata Consultancy Services (TCS) had signed an over USD 2 billion deal with Transamerica to administer the latter's life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products. It covered managing administration of more than 10 million policies. More than 430 former Transamerica employees now work for TCS at this new St Petersburg facility (in Florida) as part of recruiting and investing in more than 2,200 Transamerica jobs across the US in multiple locations, the Indian software services giant said in a statement. TCS will occupy several floors of Transamerica's building at 570 Carillon Parkway in St Petersburg, as part of a multi-year agreement with Transamerica... The St Petersburg office is a new US business centre for TCS, adding to the over 1,000 employees already serving American businesses throughout the state, it added. TCS said it has invested nearly USD 3 billion in the US over the past three years and has been among the top two IT services job creators in the country. TCS is a leading industry employer in the US, striving to help American companies like Transamerica to digitally transform their business and capitalise on rapidly evolving customer demands, TCS President and Global Head (Banking, Financial Services and Insurance Platforms) Suresh Muthuswami said. We look forward to partnering with St Petersburg's city, state and local organizations to further build upon our business and community impact, he added. The company said it has made tremendous community impact in Florida over past several years.

24-05-2018 11:16

Kotak India Growth Fund Series 4 - Direct Plan: change in investment factsheets for April

Kotak India Growth Fund Series 4 - Direct Plan has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.89 for Growth, while 52-Week High and Low ranges were Rs 10.35 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 - Direct Plan is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

Kotak India Growth Fund Series 4: change in investment factsheets for April

Kotak India Growth Fund Series 4 has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.88 for Growth, while 52-Week High and Low ranges were Rs 10.34 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

BLS International to assist Sopra Steria on UK visa renewals

Visa service provider BLS International today said theUnited Kingdom Visas and Immigration (UKVI) has awarded Sopra Steria a new contract to enable visa renewals for those individuals who are already in the UK. BLS International will support Sopra Steria and UKVI, a division of the UK Home Office responsible for deciding who can visit and stay within the UK, by establishing and delivering some of the key add value services under the contract, it said in a release. BLS International claims to handle about 12 million visa applications annually across the globe at present. Meanwhile, shares of the company were trading at Rs 172.55 apiece, up 1 per cent from the previous close at 10:50 hours on BSE.

24-05-2018 10:51

Shree Cement Q4 net profit up 31.11% at Rs 399.24 cr

The company reported standalone net profit of Rs 399.24 crore for the quarter ended March 31, 2018 as compared to Rs 304.51 crore in the same period last year, registering a year-on-year growth of 31.11 per cent. Net revenue of the company rose moderately by 18.10 per cent at Rs 2,811.08 crore in January-March quarter of this fiscal as against Rs 2,380.26 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 16.72 per cent to Rs 2,181.65 crore from Rs 1,869.11 crore in year ago period. Other Income dipped by 30.57 per cent at Rs 104.85 crore versus (Mar'17 Rs 151.02 crore). Operating Profit surged by 23.14 per cent to Rs 629.43 crore as against Rs 511.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.29 per cent in March quarter. Interest grew by 38.93 per cent y-o-y to Rs 43.68 crore, while Taxation increased by 279.77 per cent at Rs 58.37 crore (Mar'17 Rs 15.37 crore).

30-Apr-2018 10:15 AM

Shree Cement - Outcome of Board Meeting

SHREE CEMENT LIMITED has informed the Exchange regarding Outcome of Board Meeting held on April 28, 2018.

28-Apr-2018 05:51 PM

Shree Cement - Acquisition

SHREE CEMENT LIMITED has informed the Exchange regarding Disclosure under Regulation 30 the SEBI ( Listing Obligations and Disclosure Requirements) regulations, 2015.

28-Apr-2018 03:20 PM

Shree Cement - Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, this is to inform that Board of Directors in its meeting held on 28th April, 2018, have considered and approved the proposal to acquire 100% equity stake in Raipur Handling & Infrastructure Private Limited (RHIPL) for an aggregate consideration of Rs. 59 crore (subject to closing adjustments).

RHIPL established in year 2004, owns and operates railway siding at Village Hathbandh, District Raipur, Chhattisgarh as Private Freight Terminal (PFT). The said railway siding is located near to Company's cement plant at Baloda Bazar, Chhattisgarh. The acquisition will help Shree Cement better manage its transportation of goods through rail.

The disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) 2015 is attached herewith.

28-Apr-2018 02:35 PM

Shree Cement - Financial Result Updates

SHREE CEMENT LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2018.

28-Apr-2018 12:50 PM

Shree Cement - Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, this is to inform that Board of Directors in its meeting held on 28th April, 2018, have considered and approved the proposal to acquire 100% equity stake in Raipur Handling & Infrastructure Private Limited (RHIPL) for an aggregate consideration of Rs. 59 crore (subject to closing adjustments).

RHIPL established in year 2004, owns and operates railway siding at Village Hathbandh, District Raipur, Chhattisgarh as Private Freight Terminal (PFT). The said railway siding is located near to Company's cement plant at Baloda Bazar, Chhattisgarh. The acquisition will help Shree Cement better manage its transportation of goods through rail.

The disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) 2015 is attached herewith.

28-Apr-2018 02:35 PM

Shree Cement - Approval Of Audited Financial Results For Quarter And Year Ended 31St March, 2018

Board of Directors of the Company has today approved the Audited Financial Results (Standalone and Consolidated) of the Company for Quarter and year ended on 31st March, 2018. Results approved by the Board are enclosed herewith along with Audit Report.

Board also recommended final dividend @ Rs. 30/- per equity share of Rs. 10 each for the year ended 31st March, 2018 subject to approval of the members at the ensuing Annual General Meeting of the Company.

Pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we confirm that the Statutory Auditors have issued Audit Reports with unmodified opinion on the Audited Financial Results of the Company (Standalone and Consolidated) for the Year ended 31st March, 2018.

The meeting of the Board started at 11:15 A.M. and concluded at 12:30 P.M.

28-Apr-2018 12:44 PM

Shree Cement - Corporate Action-Board approves Dividend

Board recommended final dividend @ Rs. 30/- per equity share of Rs. 10 each for the year ended 31st March, 2018 subject to approval of the members at the ensuing Annual General Meeting of the Company.

28-Apr-2018 12:37 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 2017 - Shree Cement to invest Rs 1,000 cr in eastern India. Company as undertaken construction of two greenfield projects one in West Bengal ans Swcond one near Cuttack in Odisha. - Company has participated in the auction for coal linkage of Coal India Limited (SECL) for Captive Power Plant sub-sector and won the coal linkages in the State of Chhattisgarh.

Registered Office

Village Khapradih, Tehsil- Simga,

0771-2430007,2430023,,      ,

Registrar Details

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