Shree Cement Ltd
About
With an installed capacity of 50.9 million tonnes per annum globally, Shree Cement is one of India’s top cement producers. Shree offers Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC) along with loose cement in bulkers. Shree has ventured into the power sector with an installed capacity of 300 MW as well as captive and green power capacity of 452 MW. In its plant in Uttar Pradesh, it also produces Autoclaved Aerated Concrete (AAC) Blocks, a precast building material with a high insulating capacity. Shree launched Bangur as its master brand in 2024 to consolidate all its offerings under a single name. Its 14 manufacturing units are spread across India in the states of Chhattisgarh, Odisha, West Bengal, Maharashtra, Karnataka, and Uttar Pradesh.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 21207 15.3% | 18387 16.9% | 15735 12.8% | 13948 6.4% | 13106 2.0% | 12844 25.7% | 10221 13.4% | 9010 45.7% | 6183 -7.3% | 6671 9.6% | 6089 5.1% | 5795 -2.5% | 5944 64.5% | 3613 -4.7% | 3790 35.9% | 2788 - |
| Net Operating Income (INR Cr) | 20521 14.95% | 17852 18.94% | 15010 10.69% | 13560 5.37% | 12868 2.50% | 12555 27.68% | 9833 14.41% | 8594 55.87% | 5514 -14.56% | 6454 9.62% | 5887 5.31% | 5590 0.00% | 5800 67.93% | 3454 -5.18% | 3642 34.15% | 2715 28.78% |
| Profit (INR Cr) | 2396 88.5% | 1271 -45.5% | 2332 2.0% | 2286 48.8% | 1536 52.6% | 1006 -27.3% | 1384 3.4% | 1339 17.1% | 1143 168.1% | 426 -45.9% | 787 -21.6% | 1004 62.3% | 619 195.0% | 210 -69.0% | 676 17.0% | 578 - |
| Assets (INR Cr) | 22598 4.6% | 21608 9.1% | 19806 10.7% | 17884 2.6% | 17435 25.8% | 13860 3.7% | 13369 34.4% | 9951 15.0% | 8651 22.5% | 7064 7.3% | 6583 17.8% | 5588 5.7% | 5285 24.6% | 4241 7.7% | 3939 45.6% | 2706 - |
| Net Worth (INR Cr) | 20703 11.1% | 18636 6.7% | 17460 13.4% | 15397 16.9% | 13169 36.2% | 9671 8.7% | 8897 15.6% | 7698 12.5% | 6845 29.7% | 5276 12.0% | 4711 22.6% | 3844 0.0% | 2734 37.7% | 1986 8.3% | 1833 51.5% | 1210 79.9% |
| Employee Cost (INR Cr) | 1064 8.9% | 978 7.0% | 913 5.1% | 869 1.8% | 854 11.3% | 767 30.5% | 588 9.5% | 537 45.2% | 370 -18.7% | 455 15.1% | 395 17.0% | 338 5.8% | 319 60.9% | 199 41.8% | 140 58.2% | 88 - |
| Interest Cost (INR Cr) | 258 | 263 | 216 | 251 | 291 | 248 | 135 | 129 | 76 | 121 | 129 | 193 | 235 | 175 | 129 | 77 |
| Cash & Bank Balance (INR Cr) | 422 | 161 | 290 | 708 | 614 | 439 | 121 | 111 | 83 | 308 | 159 | 379 | 459 | 499 | 416 | 509 |
| Total Debt (INR Cr) | 1656 | 2725 | 2129 | 2230 | 3146 | 2803 | 3403 | 1293 | 881 | 917 | 1200 | 1288 | 2164 | 1882 | 2106 | 1496 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 11.3% | 6.9% | 14.8% | 16.4% | 11.7% | 7.8% | 13.5% | 14.9% | 18.5% | 6.4% | 12.9% | 17.3% | 10.4% | 5.8% | 17.8% | 20.7% |
| Profit As % Of Assets | 10.6% | 5.9% | 11.8% | 12.8% | 8.8% | 7.3% | 10.4% | 13.5% | 13.2% | 6.0% | 12.0% | 18.0% | 11.7% | 4.9% | 17.2% | 21.4% |
| Profit As % Of Networth | 11.6% | 6.8% | 13.4% | 14.9% | 11.7% | 10.4% | 15.6% | 17.4% | 16.7% | 8.1% | 16.7% | 26.1% | 22.6% | 10.6% | 36.9% | 47.8% |
| Interest Cost to EBITDA % | 5.7% | 8.9% | 5.8% | 6.2% | 7.8% | 9.5% | 5.5% | 5.2% | 5.4% | 9.2% | 9.9% | 12.4% | 14.4% | 21.0% | 9.0% | 8.4% |
| Debt to Equity Ratio | 0.08 | 0.15 | 0.12 | 0.14 | 0.24 | 0.29 | 0.38 | 0.17 | 0.13 | 0.17 | 0.25 | 0.34 | 0.79 | 0.95 | 1.15 | 1.24 |
| RONW | 12.2% | 7.0% | 14.2% | 16.0% | 13.5% | 12.5% | 16.7% | 18.4% | 25.2% | 8.5% | 18.4% | 23.7% | 21.0% | 11.0% | 44.4% | 61.4% |
| ROCE | 14.6% | 8.5% | 16.5% | 18.5% | 14.3% | 11.6% | 16.8% | 17.9% | 21.2% | 7.6% | 15.5% | 21.5% | 15.5% | 7.0% | 30.0% | 34.0% |