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Saurashtra Cement Ltd

(SAURASHCEM)

₹108.874.42%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Saurashtra Cement Ltd Performance

  • Day's Low

    Day's High

    ₹108.25
    ₹116.15
  • 52 Week's Low

    52 Week's High

    ₹95.7
    ₹148.86
1 Month Return-7.85 %
3 Month Return-9.46 %
1 Year Return+ 46.19 %
Previous Close₹113.91
Open₹114.25
Volume85.21K
Upper Circuit-
Lower Circuit-
Market Cap₹1,264.74Cr

Saurashtra Cement Ltd Key Statistics

P/E Ratio23.29
PEG Ratio2.85
Market Cap₹1,264.74 Cr
P/B Ratio1.26
EPS5.1
Dividend Yield1.89
SectorCement
ROE7.75

Saurashtra Cement Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,264.74 Cr40.43%0.55₹56 Cr₹1,765 Cr
NA₹295.91 Cr18.38%0.55NANA
SELL₹847.38 Cr15.66%0.71NANA
BUY₹9,688.36 Cr36.98%0.64₹487 Cr₹6,788 Cr
HOLD₹12,575.47 Cr-6.76%0.63₹147 Cr₹10,732 Cr

About Saurashtra Cement Ltd

Saurashtra Cement Limited (SCL), established in 1956 to manufacture cement using the semi dry process, has become a successful venture for the Mehta Group, headed by Nanji Kalidas Mehta, after their investment of 50 lacs in 1960. It is located in Ranavav, Gujarat and currently has a market share of 23%. In 1993, they issued rights shares and PCDs to increase their capacity from 8.63 lakh tons to 11.29 lakh tons. They market cement under the brand name "Hathi", and have a technical collaboration with Fuller USA for design plant equipment. SCL was awarded the Excellence Award for productivity, quality, innovation, and management by the Institute of Economic Studies, New Delhi in 1992. Additionally, they are also the largest exporter of cement clinker to West Asia with a market share of 33%. They are in the process of expanding their capacity to 2.4 million tons and building a captive Jetty at Porbandar, Gujarat at a cost of 250 crores. The project is estimated to be completed in 200304.

Share Price: ₹108.87 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,264.74Cr as of today
Revenue: ₹385.80Cr as on June 2024 (Q2 24)
Net Profit: ₹9.86Cr as on June 2024 (Q2 24)
Listing date: 03 Jan, 1995
Chairperson Name: M N Mehta
OrganisationSaurashtra Cement Ltd
HeadquartersMumbai
IndustryCement
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Key events for Saurashtra Cement Ltd

  • Saurashtra Cement Ltd Shares Gain 26% in a Month - 14 Jun, 2024

    Saurashtra Cement Ltd shares have gained 26% in the last month, bringing the stock back to where it started a year ago. The recent revenue growth may fall short of industry figures, leading to a reduced P/S. Existing shareholders may be optimistic about future direction if this doesn't happen.

  • Saurashtra Cement's Earnings Raise Concerns Among Shareholders - 05 Jun, 2024

    Despite strong earnings, Saurashtra Cement's stock hasn't moved much. The company expanded the number of shares on issue by 58% over the last year, reducing each share's portion of profit. Unusual expenses reduced profit by ₹204m in the last twelve months. However, assuming those expenses don't come up again, we'd expect higher profits next year. Overall, it's unlikely that Saurashtra Cement's statutory profits make it seem weaker than it is.

Insights on Saurashtra Cement Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.01% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SAURASHCEM has outperformed top 5 stocks with highest market-cap in Construction Materials

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 32.67% to 32.73% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Grasim Industries Ltd has given 58.2% return, outperforming this stock by 33.2%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 66.96% to 66.88% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 31.08 Cr → 9.86 Cr (in ₹), with an average decrease of 68.3% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, SAURASHCEM stock has moved down by -11.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 522.14 Cr → 390.94 Cr (in ₹), with an average decrease of 25.1% per quarter

Saurashtra Cement Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹446.11Cr (-)₹374.86Cr (↓15.97%)₹446.69Cr (↑19.16%)₹497.49Cr (↑11.37%)₹385.80Cr (↓22.45%)
Net Income₹12.22Cr (-)₹0.73Cr (↓94.03%)₹12.57Cr (↑1,621.92%)₹31.08Cr (↑147.26%)₹9.86Cr (↓68.28%)
Net Profit Margin2.74% (-)0.19% (↓93.07%)2.81% (↑1,378.95%)6.25% (↑122.42%)2.56% (↓59.04%)
Value in ₹ crore
Details2021202220232024
Total Assets₹773.32Cr (-)₹1,467.41Cr (↑89.75%)₹1,439.17Cr (↓1.92%)₹1,636.08Cr (↑13.68%)
Total Liabilities₹249.22Cr (-)₹563.51Cr (↑126.11%)₹557.52Cr (↓1.06%)₹708.34Cr (↑27.05%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹62.55Cr (-)₹133.86Cr (↑114.00%)-₹8.41Cr (↓106.28%)₹21.26Cr (↓352.79%)₹154.98Cr (↑628.97%)

Index Inclusions

S&P BSE Commodities

₹7,661.06

-1.4 (-108.53%)

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Saurashtra Cement Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.88%
-0.11
Foreign Institutions
0.01%
1155.56
Mutual Funds
0%
0.00
Retail Investors
32.73%
0.19
Others
0.37%
0.00

Saurashtra Cement Ltd Key Indicators

Details20202021202220232024
Return On Equity %15.9414.833-2.487.75
Details20202021202220232024
Return On Assets %7.829.351.57-1.533.46
Details20202021202220232024
Book Value Per Share (₹)64.8574.8881.78155.5383.59
Details20202021202220232024
Earning Per Share (₹)8.1310.352.09-3.885.1

Saurashtra Cement Ltd Valuation

Saurashtra Cement Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-271.67x)

September 20, 2022

Today (23.29x)

October 18, 2024

Industry (50.10x)

October 18, 2024

Highest (65.09x)

April 11, 2022

LowHigh

Saurashtra Cement Ltd Earnings and Dividends

  • Saurashtra Cement Ltd Earnings Results

    Saurashtra Cement Ltd’s net profit fell -19.31% since last year same period to ₹9.86Cr in the Q1 2024-2025. On a quarterly growth basis, Saurashtra Cement Ltd has generated -68.28% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Saurashtra Cement Ltd Dividends May,2024

    In the quarter ending March 2024, Saurashtra Cement Ltd has declared dividend of ₹1 - translating a dividend yield of 1.76%.

    Read More about Dividends

Saurashtra Cement Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Saurashtra Cement Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Saurashtra Cement Ltd (SAURASHCEM) share price today is ₹108.87

Saurashtra Cement Ltd is listed on NSE

Saurashtra Cement Ltd is listed on BSE

  • Today’s highest price of Saurashtra Cement Ltd is ₹116.15.
  • Today’s lowest price of Saurashtra Cement Ltd is ₹108.25.

PE Ratio of Saurashtra Cement Ltd is 23.29

PE ratio = Saurashtra Cement Ltd Market price per share / Saurashtra Cement Ltd Earnings per share

Today’s traded volume of Saurashtra Cement Ltd(SAURASHCEM) is 85.21K.

Today’s market capitalisation of Saurashtra Cement Ltd(SAURASHCEM) is ₹1264.74Cr.

Saurashtra Cement Ltd(SAURASHCEMPrice
52 Week High
₹148.86
52 Week Low
₹95.7

Saurashtra Cement Ltd(SAURASHCEM) share price is ₹108.87. It is down -26.86% from its 52 Week High price of ₹148.86

Saurashtra Cement Ltd(SAURASHCEM) share price is ₹108.87. It is up 13.76% from its 52 Week Low price of ₹95.7

Saurashtra Cement Ltd(SAURASHCEMReturns
1 Day Returns
-5.04%
1 Month Returns
-7.85%
3 Month Returns
-9.46%
1 Year Returns
46.19%