About Digvijay Cement
Digvijay Cement is a publicly listed company based in Jamnagar (India) founded in 2005, and was acquired by India Resurgence Fund in September 2025. Provider of cement for the construction industry. The company has 700 employees. Its chief executive, as recorded, is Rajeev Nambiar. Its Indian entity Shree Digvijay Cement Co Limited reported revenue of βΉ753 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Cement. Its competitors include Sagar Cements, Dalmia Bharat and JSW Cement; 1 of its 3 listed competitors has raised funding.
Company details
Digvijay Cement was established in 2005 in Jamnagar, India, as a provider of cement products to the construction sector. Manufacturing operations are centered in Jamnagar, where raw materials are processed into various cement grades for infrastructure and building projects. The company focuses on standard cement supply without additional services noted. Leadership is provided by Rajeev Nambiar as CEO and Managing Director, overseeing regional distribution in India.
- Headquarters Jamnagar, India
- Employees 700
- Stage Acquired
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website digvijaycement.com
- Social LinkedIn X
- Acquired by True North (Nov 2018)
- Legal Name Shree Digvijay Cement Co. Ltd.
- Market Cap₹778 Cr
SHREDIGCEM · NSE
- Share Price₹50.70
-3.56% today
- Revenue₹749 Cr
FY 2025-26 · +3.3% YoY
- EBITDA₹70.52 Cr
Margin 9.4%
- Net Profit₹24.97 Cr
FY 2025-26 · -0.9% YoY
- ROE6.8%
ROCE 6.3%
- Debt / Equity0.86
Interest cover 24.3x
- InvestorsGrasim
& 3 more
- Employee Count700
- Acquired by
Associated legal entities of Digvijay Cement
Digvijay Cement is associated with 2 registered companies on The Company Check; the primary company is Shree Digvijay Cement Co Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shree Digvijay Cement Co Limited Listed CIN L26940GJ1944PLC000749 | Active | 06 Nov 1944 | Jamnagar, Gujarat | ₹753 Cr | 228 | 9 | View details |
| Sdccl Logistics Limited CIN U63000GJ2020PLC115066 | Active | 28 Jul 2020 | Jamnagar, Gujarat | ₹0.0 Cr | 3 | View details |
Investors in Digvijay Cement
Digvijay Cement has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Grasim, India Resurgence Fund and Votorantim Cimentos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is invested by True North in mid-market companies. | truenorth.co.in | Mumbai, India | ||
Distressed and special situations investments across various sectors in India. | 2016 | indiarf.com | Mumbai, India | |
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | grasim.com | Ujjain, India | |
| votorantimcimentos.co.in |
Investor details for Digvijay Cement
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- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Shree Digvijay Cement Co Limited (Digvijay Cement)
Shree Digvijay Cement Co Limited is the primary company behind Digvijay Cement. The boards of the 2 registered companies of Digvijay Cement currently have 9 directors; the longest-serving is Anil Chandanmal Singhvi, appointed in 2019. 39 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Chandanmal Singhvi DIN 00239589 | Director | 30 Apr 2019 | 7 yrs 6 mo | Shree Digvijay Cement Co Limited |
| Mahesh Shrikrishna Gupta DIN 00046810 | Director | 30 Apr 2019 | 7 yrs 6 mo | Shree Digvijay Cement Co Limited |
| Satish Prabhakar Kulkarni DIN 08741350 | Director | 02 Jun 2020 | 6 yrs 4 mo | Shree Digvijay Cement Co Limited |
| Vikas Kumar DIN 08728752 | Director | 28 Jul 2020 | 6 yrs 3 mo | Sdccl Logistics Limited |
| Suresh Kumar Meher DIN 01033728 | Director | 28 Jul 2020 | 6 yrs 3 mo | Sdccl Logistics Limited |
| Mitu Samarnath Jha DIN 07244627 | Director | 27 Apr 2023 | 3 yrs 6 mo | Shree Digvijay Cement Co Limited |
| Krishna Kumar Ramanujan DIN 10412896 | Director | 15 Dec 2023 | 2 yrs 10 mo | Sdccl Logistics Limited |
| Shitij Ramesh Kale DIN 08593079 | Director | 18 Dec 2025 | 10 mo | Shree Digvijay Cement Co Limited |
| Amit Arora DIN 11746165 | Managing Director | 17 Jun 2026 | 4 mo | Shree Digvijay Cement Co Limited |
People of Digvijay Cement
1 people are tracked at Digvijay Cement (1 in leadership); the tracked headcount is 700.
| Name | Role | Group |
|---|---|---|
Rajeev Nambiar | CEO & MD | Leadership |
Complete people profiles for Digvijay Cement
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Digvijay Cement
Digvijay Cement is a publicly listed company on the NSE with ticker symbol SHREDIGCEM in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Jan 2020
- Listed onNSE: SHREDIGCEM
- Listed entityShree Digvijay Cement Co. Ltd.
- Exchange sectorNon-energy minerals
- ISININE232A01011
- Share price₹65.10 (+0.59% on the day) · 2026-10-14
- Market capitalisation₹957 Cr
- Price to earnings53.5
- EPS (diluted, trailing year)₹1.22
- Dividend yield1.55%
- Volume (last session)22,086
Financials of Digvijay Cement
Exchange-reported figures of Shree Digvijay Cement Co Limited, the listed company behind Digvijay Cement (NSE: SHREDIGCEM).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 749 | 725 | 792 | 727 | 629 | 503 |
| Revenue growth | +3.3% | -8.5% | +9.0% | +15.5% | +25.2% | - |
| EBITDA | 70.52 | 57.21 | 146 | 101 | 117 | 105 |
| EBITDA margin | +9.4% | +7.9% | +18.4% | +13.9% | +18.6% | +20.9% |
| Profit before tax | 33.78 | 34.53 | 118 | 71.47 | 88.18 | 82.92 |
| Net profit | 24.97 | 25.19 | 87.77 | 58.03 | 55.36 | 54.32 |
| Net profit margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.8% |
| EPS (βΉ) | 1.69 | 1.70 | 5.96 | 4.00 | 3.84 | 3.79 |
| Balance sheet | ||||||
| Total assets | 892 | 484 | 392 | 337 | 328 | 324 |
| Net worth | 366 | 364 | 382 | 325 | 312 | 311 |
| Total debt | 514 | 111 | 0.02 | 0.03 | 0.21 | 0.28 |
| Cash & bank | 4.83 | 50.31 | 14.27 | 108 | 83.32 | 124 |
| Net working capital | 424 | 80.98 | 137 | 133 | 111 | 116 |
| Cash flow | ||||||
| Cash from operations | (411) | 135 | 95.65 | 86.29 | 57.27 | 94.96 |
| Cash from investing | (7.81) | (164) | (60.97) | (36.66) | (39.83) | (96.72) |
| Cash from financing | 373 | 65.15 | (34.06) | (49.76) | (55.98) | (21.18) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 337 | 208 | 183 | 161 | 196 | 216 | 187 |
| Revenue growth (YoY) | +73.1% | +72.1% | -3.7% | -1.8% | +11.1% | +10.8% | - | - |
| Other income | 0.46 | 1.08 | 0.21 | 1.39 | 1.06 | 1.40 | 5.25 | 1.57 |
| EBITDA | (1.76) | 29.20 | 24.89 | 2.45 | 19.42 | 23.79 | 27.69 | (0.16) |
| EBITDA margin | -0.6% | +8.7% | +11.9% | +1.3% | +12.0% | +12.1% | +12.8% | -0.1% |
| Depreciation | 9.46 | 9.50 | 9.50 | 9.45 | 6.20 | 6.09 | 7.18 | 7.05 |
| Interest | 11.29 | 11.63 | 4.80 | 3.55 | 0.63 | 0.58 | 0.52 | 0.84 |
| Profit before tax | (22.05) | 9.15 | 10.80 | (9.16) | 13.65 | 18.52 | 25.24 | (6.48) |
| Tax | (5.78) | 2.33 | 2.85 | (2.19) | 3.42 | 4.73 | 6.88 | (1.64) |
| Net profit | (16.27) | 6.82 | 7.95 | (6.97) | 10.23 | 13.79 | 18.36 | (4.84) |
| EPS (βΉ) | (1.10) | 0.46 | 0.54 | (0.47) | 0.69 | 0.93 | 1.24 | (0.33) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 749 | 725 | 792 | 725 | 629 | 503 | 470 |
| Revenue growth | +3.3% | -8.4% | +9.2% | +15.2% | +25.2% | +7.0% | - |
| EBITDA | 70.54 | 57.23 | 146 | 101 | 117 | 105 | 101 |
| EBITDA margin | +9.4% | +7.9% | +18.4% | +13.9% | +18.6% | +20.9% | +21.5% |
| Profit before tax | 33.79 | 34.55 | 118 | 70.98 | 88.21 | 82.95 | 76.58 |
| Net profit | 24.98 | 25.21 | 87.75 | 57.65 | 55.39 | 54.35 | 56.40 |
| Net profit margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.8% | +12.0% |
| EPS (βΉ) | 1.69 | 1.70 | 5.95 | 3.97 | 3.84 | 3.79 | 3.99 |
| Balance sheet | |||||||
| Total assets | 892 | 484 | 391 | 337 | 328 | 324 | 289 |
| Net worth | 365 | 364 | 381 | 325 | 312 | 311 | 276 |
| Total debt | 514 | 111 | 0.02 | 0.03 | 0.21 | 0.28 | 0.35 |
| Cash & bank | 4.48 | 49.94 | 13.84 | 108 | 83.29 | 124 | 74.39 |
| Net working capital | 424 | 80.60 | 136 | 133 | 111 | 116 | 63.80 |
| Cash flow | |||||||
| Cash from operations | (411) | 135 | 95.57 | 85.96 | 57.31 | 94.96 | 94.11 |
| Cash from investing | (7.81) | (164) | (60.97) | (36.66) | (39.88) | (96.73) | (13.67) |
| Cash from financing | 373 | 65.15 | (34.06) | (49.76) | (55.98) | (21.18) | (42.07) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 337 | 208 | 183 | 161 | 196 | 216 | 187 |
| Revenue growth (YoY) | +73.1% | +72.1% | -3.7% | -1.8% | +11.2% | +10.8% | - | - |
| Other income | 0.46 | 1.08 | 0.21 | 1.39 | 1.06 | 1.40 | 5.25 | 1.57 |
| Total expenses | 281 | 308 | 184 | 181 | 142 | 172 | 189 | 187 |
| EBITDA | (1.76) | 29.21 | 24.89 | 2.45 | 19.42 | 23.79 | 27.69 | (0.15) |
| EBITDA margin | -0.6% | +8.7% | +11.9% | +1.3% | +12.0% | +12.1% | +12.8% | -0.1% |
| Depreciation | 9.46 | 9.50 | 9.50 | 9.45 | 6.20 | 6.09 | 7.18 | 7.05 |
| Interest | 11.29 | 11.63 | 4.80 | 3.55 | 0.63 | 0.58 | 0.52 | 0.84 |
| Profit before tax | (22.05) | 9.16 | 10.80 | (9.16) | 13.65 | 18.52 | 25.24 | (6.47) |
| Tax | (5.78) | 2.33 | 2.85 | (2.19) | 3.42 | 4.73 | 6.88 | (1.64) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 337 | 208 | 183 | 161 | 196 | 216 | 187 |
| Revenue growth (YoY) | +73.1% | +72.1% | -3.7% | -1.8% | +11.1% | +10.8% | - | - |
| Other income | 0.46 | 1.08 | 0.21 | 1.39 | 1.06 | 1.40 | 5.25 | 1.57 |
| EBITDA | (1.76) | 29.20 | 24.89 | 2.45 | 19.42 | 23.79 | 27.69 | (0.16) |
| EBITDA margin | -0.6% | +8.7% | +11.9% | +1.3% | +12.0% | +12.1% | +12.8% | -0.1% |
| Depreciation | 9.46 | 9.50 | 9.50 | 9.45 | 6.20 | 6.09 | 7.18 | 7.05 |
| Interest | 11.29 | 11.63 | 4.80 | 3.55 | 0.63 | 0.58 | 0.52 | 0.84 |
| Profit before tax | (22.05) | 9.15 | 10.80 | (9.16) | 13.65 | 18.52 | 25.24 | (6.48) |
| Tax | (5.78) | 2.33 | 2.85 | (2.19) | 3.42 | 4.73 | 6.88 | (1.64) |
| Net profit | (16.27) | 6.82 | 7.95 | (6.97) | 10.23 | 13.79 | 18.36 | (4.84) |
| EPS (βΉ) | (1.10) | 0.46 | 0.54 | (0.47) | 0.69 | 0.93 | 1.24 | (0.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 749 | 725 | 792 | 727 | 629 | 503 |
| Revenue growth | +3.3% | -8.5% | +9.0% | +15.5% | +25.2% | - |
| Other income | 4.06 | 9.84 | 9.33 | 7.04 | 3.99 | 6.32 |
| Total expenses | 679 | 668 | 646 | 626 | 512 | 398 |
| Employee cost | 42.88 | 41.93 | 40.73 | 38.95 | 37.67 | 36.62 |
| EBITDA | 70.52 | 57.21 | 146 | 101 | 117 | 105 |
| EBITDA margin | +9.4% | +7.9% | +18.4% | +13.9% | +18.6% | +20.9% |
| Depreciation | 31.25 | 29.75 | 34.62 | 35.26 | 31.40 | 26.83 |
| Interest | 9.55 | 2.77 | 2.12 | 1.34 | 1.46 | 1.59 |
| Profit before tax | 33.78 | 34.53 | 118 | 71.47 | 88.18 | 82.92 |
| Tax | 8.81 | 9.35 | 30.46 | 13.40 | 32.91 | 28.94 |
| Net profit | 24.97 | 25.19 | 87.77 | 58.03 | 55.36 | 54.32 |
| Net profit margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.8% |
| EPS (βΉ) | 1.69 | 1.70 | 5.96 | 4.00 | 3.84 | 3.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 148 | 148 | 147 | 145 | 144 | 142 |
| Reserves & surplus | 218 | 216 | 234 | 180 | 168 | 169 |
| Shareholders' funds (net worth) | 366 | 364 | 382 | 325 | 312 | 311 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 481 | 110 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 32.78 | 0.86 | 0.02 | 0.03 | 0.21 | 0.28 |
| Total debt | 514 | 111 | 0.02 | 0.03 | 0.21 | 0.28 |
| Total liabilities | 892 | 484 | 392 | 337 | 328 | 324 |
| Assets | ||||||
| Gross block | 653 | 378 | 372 | 351 | 336 | 293 |
| Net block | 406 | 163 | 171 | 182 | 197 | 182 |
| Capital work in progress | 15.17 | 216 | 38.85 | 7.22 | 5.38 | 12.56 |
| Investments | 2.53 | 2.30 | 2.09 | 0.00 | 0.00 | 0.00 |
| Inventories | 117 | 115 | 138 | 115 | 127 | 74.97 |
| Sundry debtors | 37.17 | 17.96 | 32.11 | 21.66 | 13.36 | 10.72 |
| Cash & bank balances | 4.83 | 50.31 | 14.27 | 108 | 83.32 | 124 |
| Loans & advances | 430 | 110 | 94.92 | 12.52 | 8.71 | 10.18 |
| Total current assets | 589 | 294 | 279 | 258 | 232 | 220 |
| Total current liabilities | 164 | 213 | 143 | 125 | 121 | 104 |
| Net working capital | 424 | 80.98 | 137 | 133 | 111 | 116 |
| Total assets | 892 | 484 | 392 | 337 | 328 | 324 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 49.15 | 13.36 | 12.74 | 12.88 | 51.42 | 74.36 |
| Net cash from operating activities | (411) | 135 | 95.65 | 86.29 | 57.27 | 94.96 |
| Net cash from investing activities | (7.81) | (164) | (60.97) | (36.66) | (39.83) | (96.72) |
| Net cash from financing activities | 373 | 65.15 | (34.06) | (49.76) | (55.98) | (21.18) |
| Net change in cash | (45.44) | 35.79 | 0.62 | (0.14) | (38.54) | (22.94) |
| Closing cash | 4.83 | 50.31 | 14.27 | 108 | 83.32 | 124 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +3.3% | -8.5% | +9.0% | +15.5% | +25.2% | - |
| EBITDA growth | +23.3% | -60.7% | +44.2% | -13.7% | +11.5% | - |
| PBT growth | -2.2% | -70.8% | +65.4% | -19.0% | +6.3% | +9997.0% |
| Net income growth | -0.9% | -71.3% | +51.3% | +4.8% | +1.9% | - |
| Revenue CAGR (3Y) | +1.0% | +4.8% | +16.4% | - | - | - |
| EBITDA CAGR (3Y) | -11.3% | -21.2% | +11.5% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.7% |
| Return on capital employed | +6.3% | +8.5% | +33.0% | +21.9% | +27.5% | +26.1% |
| Return on net worth | +6.8% | +6.8% | +24.9% | +18.2% | +17.7% | +17.4% |
| Debt / equity | 0.86 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.76 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 24.32 | 10.09 | 1.91 | 2.04 | 1.70 | 2.03 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.45 | 1.93 | 2.19 | 2.11 | 2.00 | 1.72 |
| Inventory turnover | 6.46 | 5.73 | 6.25 | 6.00 | 6.24 | 6.71 |
| Debtors turnover | 27.18 | 28.97 | 29.46 | 41.50 | 52.27 | 46.90 |
| EPS (βΉ) | 1.69 | 1.70 | 5.96 | 4.00 | 3.84 | 3.79 |
| Dividend per share (βΉ) | 1.00 | 1.50 | 3.00 | 4.00 | 3.50 | 2.50 |
| Book value per share (βΉ) | 24.74 | 24.62 | 25.88 | 22.38 | 21.68 | 21.86 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 337 | 208 | 183 | 161 | 196 | 216 | 187 |
| Revenue growth (YoY) | +73.1% | +72.1% | -3.7% | -1.8% | +11.2% | +10.8% | - | - |
| Other income | 0.46 | 1.08 | 0.21 | 1.39 | 1.06 | 1.40 | 5.25 | 1.57 |
| Total expenses | 281 | 308 | 184 | 181 | 142 | 172 | 189 | 187 |
| EBITDA | (1.76) | 29.21 | 24.89 | 2.45 | 19.42 | 23.79 | 27.69 | (0.15) |
| EBITDA margin | -0.6% | +8.7% | +11.9% | +1.3% | +12.0% | +12.1% | +12.8% | -0.1% |
| Depreciation | 9.46 | 9.50 | 9.50 | 9.45 | 6.20 | 6.09 | 7.18 | 7.05 |
| Interest | 11.29 | 11.63 | 4.80 | 3.55 | 0.63 | 0.58 | 0.52 | 0.84 |
| Profit before tax | (22.05) | 9.16 | 10.80 | (9.16) | 13.65 | 18.52 | 25.24 | (6.47) |
| Tax | (5.78) | 2.33 | 2.85 | (2.19) | 3.42 | 4.73 | 6.88 | (1.64) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 749 | 725 | 792 | 725 | 629 | 503 | 470 |
| Revenue growth | +3.3% | -8.4% | +9.2% | +15.2% | +25.2% | +7.0% | - |
| Other income | 4.05 | 9.84 | 9.33 | 7.04 | 3.99 | 6.32 | 2.25 |
| Total expenses | 679 | 668 | 646 | 624 | 512 | 398 | 369 |
| Employee cost | 42.88 | 41.93 | 40.73 | 38.95 | 37.67 | 36.62 | 34.39 |
| EBITDA | 70.54 | 57.23 | 146 | 101 | 117 | 105 | 101 |
| EBITDA margin | +9.4% | +7.9% | +18.4% | +13.9% | +18.6% | +20.9% | +21.5% |
| Depreciation | 31.25 | 29.75 | 34.62 | 35.26 | 31.40 | 26.83 | 24.80 |
| Interest | 9.55 | 2.77 | 2.12 | 1.34 | 1.46 | 1.59 | 1.78 |
| Profit before tax | 33.79 | 34.55 | 118 | 70.98 | 88.21 | 82.95 | 76.58 |
| Tax | 8.81 | 9.35 | 30.45 | 13.29 | 32.91 | 28.94 | 20.13 |
| Net profit | 24.98 | 25.21 | 87.75 | 57.65 | 55.39 | 54.35 | 56.40 |
| Net profit margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.8% | +12.0% |
| EPS (βΉ) | 1.69 | 1.70 | 5.95 | 3.97 | 3.84 | 3.79 | 3.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 148 | 148 | 147 | 145 | 144 | 142 | 141 |
| Reserves & surplus | 218 | 216 | 234 | 179 | 168 | 169 | 135 |
| Shareholders' funds (net worth) | 365 | 364 | 381 | 325 | 312 | 311 | 276 |
| Secured loans | 481 | 110 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 32.78 | 0.86 | 0.02 | 0.03 | 0.21 | 0.28 | 0.35 |
| Total debt | 514 | 111 | 0.02 | 0.03 | 0.21 | 0.28 | 0.35 |
| Total liabilities | 892 | 484 | 391 | 337 | 328 | 324 | 289 |
| Assets | |||||||
| Gross block | 653 | 378 | 372 | 351 | 336 | 293 | 276 |
| Net block | 406 | 163 | 171 | 182 | 197 | 182 | 188 |
| Capital work in progress | 15.17 | 216 | 38.85 | 7.22 | 5.38 | 12.56 | 8.89 |
| Investments | 2.59 | 2.36 | 2.15 | 0.06 | 0.06 | 0.01 | 0.00 |
| Inventories | 117 | 115 | 138 | 115 | 127 | 74.97 | 64.89 |
| Sundry debtors | 37.17 | 17.96 | 32.11 | 21.66 | 13.36 | 10.72 | 9.82 |
| Cash & bank balances | 4.48 | 49.94 | 13.84 | 108 | 83.29 | 124 | 74.39 |
| Loans & advances | 430 | 110 | 94.87 | 12.50 | 8.71 | 10.19 | 5.77 |
| Total current assets | 588 | 293 | 279 | 257 | 232 | 220 | 155 |
| Total current liabilities | 164 | 213 | 142 | 125 | 121 | 104 | 91.07 |
| Net working capital | 424 | 80.60 | 136 | 133 | 111 | 116 | 63.80 |
| Total assets | 892 | 484 | 391 | 337 | 328 | 324 | 289 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 48.78 | 12.93 | 12.39 | 12.85 | 51.41 | 74.36 | 35.99 |
| Net cash from operating activities | (411) | 135 | 95.57 | 85.96 | 57.31 | 94.96 | 94.11 |
| Net cash from investing activities | (7.81) | (164) | (60.97) | (36.66) | (39.88) | (96.73) | (13.67) |
| Net cash from financing activities | 373 | 65.15 | (34.06) | (49.76) | (55.98) | (21.18) | (42.07) |
| Net change in cash | (45.42) | 35.85 | 0.54 | (0.46) | (38.56) | (22.95) | 38.37 |
| Closing cash | 4.48 | 49.94 | 13.84 | 108 | 83.29 | 124 | 74.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.3% | -8.4% | +9.2% | +15.2% | +25.2% | +7.0% | - |
| EBITDA growth | +23.3% | -60.7% | +44.8% | -14.1% | +11.5% | +4.1% | - |
| PBT growth | -2.2% | -70.8% | +66.5% | -19.5% | +6.3% | +8.3% | +2213.6% |
| Net income growth | -0.9% | -71.3% | +52.2% | +4.1% | +1.9% | -3.6% | - |
| Revenue CAGR (3Y) | +1.1% | +4.8% | +16.3% | +15.6% | +13.0% | +6.8% | +14.3% |
| EBITDA CAGR (3Y) | -11.1% | -21.2% | +11.5% | -0.1% | +64.1% | +30.0% | +136.1% |
| Profitability & leverage | |||||||
| Net income margin | +3.3% | +3.5% | +11.1% | +8.0% | +8.8% | +10.7% | +12.0% |
| Return on capital employed | +6.3% | +8.5% | +33.1% | +21.8% | +27.5% | +27.6% | +27.6% |
| Return on net worth | +6.9% | +6.8% | +24.9% | +18.1% | +17.7% | +18.4% | +22.3% |
| Debt / equity | 0.86 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 |
| Long-term debt / equity | 0.76 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 24.31 | 10.08 | 1.91 | 2.05 | 1.70 | 2.03 | 2.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.45 | 1.93 | 2.19 | 2.11 | 2.00 | 1.77 | 1.76 |
| Inventory turnover | 6.46 | 5.73 | 6.25 | 5.99 | 6.24 | 7.19 | 7.65 |
| Debtors turnover | 27.18 | 28.97 | 29.45 | 41.40 | 52.27 | 48.96 | 39.94 |
| EPS (βΉ) | 1.69 | 1.70 | 5.95 | 3.97 | 3.84 | 3.79 | 3.99 |
| Dividend per share (βΉ) | 1.00 | 1.50 | 3.00 | 4.00 | 3.50 | 2.50 | 1.50 |
| Book value per share (βΉ) | 24.71 | 24.60 | 25.86 | 22.36 | 21.68 | 21.86 | 19.55 |
Timeline of Digvijay Cement
6 dated milestones of Digvijay Cement across 27 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Grasim.
- Founded Digvijay Cement is founded.
- Exit Acquired by Votorantim Cimentos.
- Exit Acquired by True North.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by India Resurgence Fund.
Competitors of Digvijay Cement
Digvijay Cement has 3 listed competitors in our database, 1 of them funded. They include Sagar Cements, Dalmia Bharat and JSW Cement.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sagarcements.in | 1985 | Hyderabad, India | 815 | Cement production is managed by Sagar Cements in India. | ||
| dalmiabharat.com | 1939 | Delhi, India | 39 | Cement and sugar are produced by Dalmia Bharat. | ||
| jswcement.in | 2009 | Mumbai, India | $193.28M | 1,296 | Cement, aggregates, additives, and ready-mix concrete are manufactured. |
Detailed competitors of Digvijay Cement
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Digvijay Cement
The website of Digvijay Cement (digvijaycement.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▲ 20.7% vs previous month
Websites whose visitors overlap most with Digvijay Cement. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sagarcements.in | 100% | 18.7K | #1,337,959 | View details | |
| ashapura.com | 93% | 15.5K | #1,654,194 | View details |
Top companies in Building Materials
3 companies that operate in the same segment as Digvijay Cement (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Digvijay Cement
Complete news archive for Digvijay Cement
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Frequently Asked Questions about Digvijay Cement
Digvijay Cement was founded in 2005.
Digvijay Cement is headquartered in Jamnagar, India. It is registered at Jamnagar, Gujarat, India.
Rajeev Nambiar is the CEO of Digvijay Cement, as recorded in our data.
Digvijay Cement has 700 employees.
The primary company behind Digvijay Cement, Shree Digvijay Cement Co Limited, reported revenue of βΉ753 Cr for FY 2026, up 3% year on year.
Digvijay Cement was established in 2005 in Jamnagar, India, as a provider of cement products to the construction sector. Manufacturing operations are centered in Jamnagar, where raw materials are processed into various cement grades for infrastructure and building projects. The company focuses on standard cement supply without additional services noted. Leadership is provided by Rajeev Nambiar as CEO and Managing Director, overseeing regional distribution in India.
Digvijay Cement's top competitors include Sagar Cements, JSW Cement and Dalmia Bharat.
Yes, Digvijay Cement is publicly traded on NSE under the ticker symbol SHREDIGCEM.
Digvijay Cement has 4 investors. Key investors include Grasim, India Resurgence Fund, Votorantim Cimentos, and True North.
Digvijay Cement is associated with 2 legal entities: Shree Digvijay Cement Co Limited, Sdccl Logistics Limited.
Yes. Digvijay Cement was acquired by True North in November 2018.
The legal entities of Digvijay Cement currently have 9 directors, including Vikas Kumar, Suresh Kumar Meher, Krishna Kumar Ramanujan and others.

