Shree Cement has commissioned a new cement grinding unit in Baloda Bazar, Raipur (Chhattisgarh). It has the capacity to produce 3.4 million tonnes of cement annually. It’s in line with the company’s vision to become bigger by enhancing its existing operations. Recently, they also commissioned another plant with a capacity of 3 million tonnes in Etah, Uttar Pradesh.
Shree Cement is the third-largest cement corporation in India now, having an overall capacity of 46.4 million tonnes. They maintain low cost while providing high-quality products. Some of their widely recognized brands are Bangur, Rockstrong, and Powermax. They produce various categories of cement such as Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC), and Portland Slag Cement (PSC).
They are also developing greener building materials. An example is Shree Heat Shield AAC blocks, which have been granted a Green Pro Ecolabel as being environment-friendly.
As of March 2025:
62.56% of shares are held by the company’s promoters.
Foreign investors hold 9.7%.
Indian institutions hold 15.07%.
12.42% is held by the public.
The government holds a marginal 0.25%.
Financially:
The price-to-earnings (PE) ratio of the stock is 91, which is relatively high.
Return on equity (ROE) is 12% and return on capital employed (ROCE) is 15%, indicating good performance.
They are providing a return of around 19.4% of profits as dividends to shareholders.
Their debt is minimal at ₹16.82 billion.
The market value of the company has crossed ₹1 trillion.
The share price is 31.5% higher than its lowest in the last one year, which was ₹23,500.15.