Fortune India 500 2025 edition
Rank#146- Total income
- ₹19,823 Cr
- Profit
- ₹1,123 Cr
Last year #112
Shree Cement Limited - manufacturing in Beawar, Rajasthan, India. FY 2026 financials & compliance.
Active Listed - NSE: SHREECEM · BSE: 500387 Public Limited Company manufacturing Fortune India 500 · #146 Nifty 500
Market Cap
₹84,934 Cr
SHREECEM · NSE
Share Price
₹23,300.00
-1.02% today
Revenue
₹20,943 Cr
FY 2025-26 · +8.6% YoY
EBITDA
₹4,638 Cr
Margin 22.1%
Net Profit
₹1,682 Cr
FY 2025-26 · +51.0% YoY
P/E (TTM)
51.8x
P/B 3.4x
ROE
7.8%
ROCE 10.4%
Debt / Equity
0.07
Interest cover 11.5x
About Shree Cement Limited
Data last updated:
Shree Cement Limited is a public limited company based in Beawar, Rajasthan, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 25 October 1979 and has been in existence for over 47 years.
Shree Cement is ranked #146 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L26943RJ1979PLC001935. Its GSTIN is 08AACCS8796G1ZR (Rajasthan). The company holds 39 GST registrations, of which 32 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500387 and NSE: SHREECEM.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹36.08 Cr. It is led by directors including Neeraj Akhoury (Managing Director) and Hari Mohan Bangur (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangur Nagar, Beawar, Rajasthan, India – 305901.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹20,943 Cr, a growth of 8.6% compared to the previous year. For the same year it recorded a net profit of ₹1,682.01 Cr (net margin 8%) and EBITDA of ₹4,637.86 Cr (EBITDA margin 22.1%). The net worth stands at ₹23,268 Cr (up 8% YoY). Total assets are valued at ₹25,337 Cr (up 10.9% YoY).
The company has about 6,963 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Shree Cement. As per MCA filings, the company has open charges of ₹4,476 Cr and satisfied charges of ₹10,918 Cr on record. Court records list 1,345 cases involving the company, including 725 filed by the company and 623 filed against it; 417 cases are pending. The company has 40 deals on record (35 market trades, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹700 Cr; the latest was in October 2025. Its 5 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 2 smaller; the largest is Ultratech Cement Limited with revenue of ₹76,699 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreecement.com.
Company details
CIN L26943RJ1979PLC001935
Registration Number 001935
Incorporation Date 25 October 1979
ROC Jaipur
Listing Status Listed - Listed on NSE (SHREECEM); Listed on BSE (500387)
Company Status Active
Date of Last AGM 04 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Neeraj Akhoury Managing Director Hari Mohan Bangur Whole-Time Director Prashant Bangur Whole-Time Director Recognitions & Rankings of Shree Cement
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#71- Valuation
- ₹96,430 Cr
2023 #42 2022 #50 2021 #48
Stock market indices
Nifty 500 BSE 500
Contact details
Shree Cement Limited's registered office is in Beawar, Rajasthan. Its website is shreecement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBangur Nagar, Beawar, Rajasthan, India – 305901
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Shree Cement Limited, buy the company report.
Comprehensive company report
Shree Cement Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Shree Cement operates one associated brand: Shree Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement is manufactured and supplied by Shree Cement in India. | shreecement.com |
Business activity
The main business activity of Shree Cement is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shree Cement Limited, buy the company report.
Financials of Shree Cement Limited
FY 2025-26 filings availableShree Cement Limited reported revenue of ₹20,943 Cr (up 8.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹20,943 Cr
+8.6% YoY
EBITDA
₹4,638 Cr
+17.9% YoY
Profit After Tax
₹1,682 Cr
+51.0% YoY
Net Worth
₹23,268 Cr
+8.0% YoY
Total Assets
₹25,337 Cr
+10.9% YoY
Total Debt
₹1,868 Cr
+78.6% YoY
Revenue 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 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 20,943 | 19,283 | 20,404 | 17,852 | 15,010 | 13,560 | 12,868 |
| Revenue growth | +8.6% | -5.5% | +14.3% | +18.9% | +10.7% | +5.4% | - |
| EBITDA | 4,638 | 3,934 | 4,494 | 2,960 | 3,708 | 4,079 | 3,759 |
| EBITDA margin | +22.1% | +20.4% | +22.0% | +16.6% | +24.7% | +30.1% | +29.2% |
| Profit before tax | 2,293 | 1,312 | 2,959 | 1,495 | 2,892 | 3,004 | 1,934 |
| Net profit | 1,682 | 1,114 | 2,408 | 1,262 | 2,319 | 2,274 | 1,541 |
| Net profit margin | +8.0% | +5.8% | +11.8% | +7.1% | +15.5% | +16.8% | +12.0% |
| EPS (₹) | 483.25 | 311.19 | 664.00 | 352.19 | 646.32 | 633.56 | 425.68 |
| Balance sheet | |||||||
| Total assets | 25,337 | 22,843 | 22,598 | 21,608 | 19,806 | 17,884 | 17,435 |
| Net worth | 23,268 | 21,538 | 20,703 | 18,636 | 17,460 | 15,397 | 13,169 |
| Total debt | 1,868 | 1,046 | 1,656 | 2,725 | 2,129 | 2,230 | 3,146 |
| Cash & bank | 342 | 294 | 422 | 161 | 290 | 708 | 614 |
| Net working capital | 639 | 28.89 | 1,621 | 844 | 1,001 | 757 | 2,299 |
| Cash flow | |||||||
| Cash from operations | 3,794 | 4,920 | 3,347 | 2,569 | 2,668 | 4,254 | 3,973 |
| Cash from investing | (3,714) | (3,726) | (1,418) | (2,405) | (2,143) | (2,651) | (5,590) |
| Cash from financing | (110) | (1,296) | (1,710) | (277) | (849) | (1,233) | 1,581 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,897 | 6,233 | 6,101 | 4,801 | 4,761 | 5,281 | 5,532 | 4,573 |
| Revenue growth (YoY) | +23.9% | +18.0% | +10.3% | +5.0% | +17.4% | +3.1% | - | - |
| Other income | 112 | 212 | 101 | 146 | 179 | 235 | 158 | 111 |
| EBITDA | 1,016 | 1,272 | 1,384 | 947 | 974 | 1,333 | 1,429 | 965 |
| EBITDA margin | +17.2% | +20.4% | +22.7% | +19.7% | +20.5% | +25.2% | +25.8% | +21.1% |
| Depreciation | 703 | 686 | 762 | 710 | 668 | 654 | 788 | 799 |
| Interest | 58.67 | 56.86 | 55.75 | 59.04 | 51.40 | 45.53 | 41.29 | 51.76 |
| Profit before tax | 367 | 741 | 667 | 324 | 434 | 868 | 758 | 225 |
| Tax | 104 | 210 | 139 | 56.31 | 124 | 225 | 183 | 30.99 |
| Net profit | 263 | 531 | 528 | 268 | 310 | 644 | 575 | 194 |
| EPS (₹) | 72.56 | 146.67 | 145.70 | 73.92 | 85.50 | 178.12 | 159.17 | 53.61 |
| 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 | 19,311 | 18,037 | 19,477 | 16,837 | 14,306 | 12,669 | 11,904 |
| Revenue growth | +7.1% | -7.4% | +15.7% | +17.7% | +12.9% | +6.4% | - |
| EBITDA | 4,191 | 3,857 | 4,364 | 2,942 | 3,648 | 3,980 | 3,675 |
| EBITDA margin | +21.7% | +21.4% | +22.4% | +17.5% | +25.5% | +31.4% | +30.9% |
| Profit before tax | 2,248 | 1,397 | 3,046 | 1,559 | 2,931 | 3,026 | 1,960 |
| Net profit | 1,706 | 1,177 | 2,483 | 1,325 | 2,363 | 2,300 | 1,576 |
| Net profit margin | +8.8% | +6.5% | +12.8% | +7.9% | +16.5% | +18.2% | +13.2% |
| EPS (₹) | 472.91 | 331.55 | 684.16 | 368.11 | 658.71 | 640.78 | 435.19 |
| Balance sheet | |||||||
| Total assets | 24,421 | 22,429 | 22,310 | 21,272 | 19,627 | 17,591 | 17,035 |
| Net worth | 22,512 | 21,211 | 20,384 | 18,288 | 17,271 | 15,250 | 12,936 |
| Total debt | 1,795 | 1,032 | 1,752 | 2,811 | 2,209 | 2,156 | 3,144 |
| Cash & bank | 184 | 231 | 297 | 119 | 118 | 210 | 108 |
| Net working capital | (631) | (936) | 903 | 239 | 418 | (27.76) | 1,436 |
| Cash flow | |||||||
| Cash from operations | 3,493 | 5,063 | 3,304 | 2,704 | 2,723 | 4,094 | 3,751 |
| Cash from investing | (3,466) | (3,638) | (1,350) | (2,409) | (1,865) | (2,868) | (5,373) |
| Cash from financing | (123) | (1,463) | (1,794) | (315) | (858) | (1,215) | 1,591 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,107 | 5,623 | 5,643 | 4,416 | 4,303 | 4,948 | 5,240 | 4,235 |
| Revenue growth (YoY) | +18.7% | +13.6% | +7.7% | +4.3% | +15.5% | +2.3% | - | - |
| Other income | 106 | 201 | 112 | 127 | 157 | 201 | 150 | 115 |
| Total expenses | 4,258 | 4,548 | 4,393 | 3,556 | 3,452 | 3,719 | 3,859 | 3,289 |
| EBITDA | 849 | 1,074 | 1,250 | 861 | 851 | 1,229 | 1,381 | 947 |
| EBITDA margin | +16.6% | +19.1% | +22.2% | +19.5% | +19.8% | +24.8% | +26.4% | +22.3% |
| Depreciation | 596 | 586 | 638 | 587 | 555 | 552 | 747 | 750 |
| Interest | 56.86 | 55.48 | 54.77 | 57.66 | 50.72 | 44.56 | 41.69 | 52.86 |
| Profit before tax | 302 | 634 | 670 | 342 | 403 | 833 | 743 | 259 |
| Tax | 96.85 | 196 | 138 | 63.88 | 126 | 215 | 187 | 29.59 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,897 | 6,233 | 6,101 | 4,801 | 4,761 | 5,281 | 5,532 | 4,573 |
| Revenue growth (YoY) | +23.9% | +18.0% | +10.3% | +5.0% | +17.4% | +3.1% | - | - |
| Other income | 112 | 212 | 101 | 146 | 179 | 235 | 158 | 111 |
| EBITDA | 1,016 | 1,272 | 1,384 | 947 | 974 | 1,333 | 1,429 | 965 |
| EBITDA margin | +17.2% | +20.4% | +22.7% | +19.7% | +20.5% | +25.2% | +25.8% | +21.1% |
| Depreciation | 703 | 686 | 762 | 710 | 668 | 654 | 788 | 799 |
| Interest | 58.67 | 56.86 | 55.75 | 59.04 | 51.40 | 45.53 | 41.29 | 51.76 |
| Profit before tax | 367 | 741 | 667 | 324 | 434 | 868 | 758 | 225 |
| Tax | 104 | 210 | 139 | 56.31 | 124 | 225 | 183 | 30.99 |
| Net profit | 263 | 531 | 528 | 268 | 310 | 644 | 575 | 194 |
| EPS (₹) | 72.56 | 146.67 | 145.70 | 73.92 | 85.50 | 178.12 | 159.17 | 53.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 20,943 | 19,283 | 20,404 | 17,852 | 15,010 | 13,560 | 12,868 |
| Revenue growth | +8.6% | -5.5% | +14.3% | +18.9% | +10.7% | +5.4% | - |
| Other income | 661 | 589 | 621 | 459 | 546 | 438 | 274 |
| Total expenses | 16,306 | 15,349 | 15,910 | 14,893 | 11,302 | 9,480 | 9,109 |
| Employee cost | 1,302 | 1,148 | 1,064 | 978 | 913 | 869 | 854 |
| EBITDA | 4,638 | 3,934 | 4,494 | 2,960 | 3,708 | 4,079 | 3,759 |
| EBITDA margin | +22.1% | +20.4% | +22.0% | +16.6% | +24.7% | +30.1% | +29.2% |
| Depreciation | 2,794 | 3,007 | 1,897 | 1,661 | 1,146 | 1,262 | 1,808 |
| Interest | 212 | 205 | 258 | 263 | 216 | 251 | 291 |
| Profit before tax | 2,293 | 1,312 | 2,959 | 1,495 | 2,892 | 3,004 | 1,934 |
| Tax | 544 | 188 | 563 | 226 | 555 | 714 | 390 |
| Net profit | 1,682 | 1,114 | 2,408 | 1,262 | 2,319 | 2,274 | 1,541 |
| Net profit margin | +8.0% | +5.8% | +11.8% | +7.1% | +15.5% | +16.8% | +12.0% |
| EPS (₹) | 483.25 | 311.19 | 664.00 | 352.19 | 646.32 | 633.56 | 425.68 |
| 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 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 |
| Reserves & surplus | 23,231 | 21,502 | 20,667 | 18,600 | 17,424 | 15,361 | 13,133 |
| Shareholders' funds (net worth) | 23,268 | 21,538 | 20,703 | 18,636 | 17,460 | 15,397 | 13,169 |
| Minority interest | 46.58 | 40.77 | 41.12 | 40.56 | 50.29 | 51.16 | 68.81 |
| Secured loans | 1,594 | 817 | 1,176 | 2,540 | 2,014 | 1,935 | 3,106 |
| Unsecured loans | 274 | 229 | 480 | 185 | 115 | 295 | 40.00 |
| Total debt | 1,868 | 1,046 | 1,656 | 2,725 | 2,129 | 2,230 | 3,146 |
| Total liabilities | 25,337 | 22,843 | 22,598 | 21,608 | 19,806 | 17,884 | 17,435 |
| Assets | |||||||
| Gross block | 28,891 | 24,439 | 21,786 | 17,820 | 15,921 | 13,706 | 12,407 |
| Net block | 11,207 | 9,315 | 9,591 | 7,481 | 7,282 | 6,216 | 6,163 |
| Capital work in progress | 1,466 | 3,796 | 1,930 | 2,797 | 1,054 | 997 | 1,197 |
| Investments | 10,272 | 7,849 | 7,556 | 8,683 | 9,033 | 8,500 | 6,358 |
| Inventories | 2,774 | 2,444 | 3,555 | 2,760 | 2,497 | 1,716 | 1,713 |
| Sundry debtors | 1,827 | 1,401 | 1,287 | 1,212 | 788 | 679 | 1,080 |
| Cash & bank balances | 342 | 294 | 422 | 161 | 290 | 708 | 614 |
| Loans & advances | 1,807 | 1,511 | 1,685 | 1,438 | 1,369 | 1,282 | 1,399 |
| Total current assets | 6,750 | 5,650 | 6,948 | 5,570 | 4,944 | 4,386 | 4,808 |
| Total current liabilities | 6,111 | 5,621 | 5,327 | 4,726 | 3,943 | 3,629 | 2,509 |
| Net working capital | 639 | 28.89 | 1,621 | 844 | 1,001 | 757 | 2,299 |
| Total assets | 25,337 | 22,843 | 22,598 | 21,608 | 19,806 | 17,884 | 17,435 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 132 | 234 | 14.35 | 128 | 452 | 81.69 | 118 |
| Net cash from operating activities | 3,794 | 4,920 | 3,347 | 2,569 | 2,668 | 4,254 | 3,973 |
| Net cash from investing activities | (3,714) | (3,726) | (1,418) | (2,405) | (2,143) | (2,651) | (5,590) |
| Net cash from financing activities | (110) | (1,296) | (1,710) | (277) | (849) | (1,233) | 1,581 |
| Net change in cash | (30.00) | (102) | 220 | (113) | (324) | 370 | (36.03) |
| Closing cash | 342 | 294 | 422 | 161 | 290 | 708 | 614 |
| 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 | +8.6% | -5.5% | +14.3% | +18.9% | +10.7% | +5.4% | - |
| EBITDA growth | +17.9% | -12.5% | +51.9% | -20.2% | -9.1% | +8.5% | - |
| PBT growth | +74.8% | -55.7% | +97.9% | -48.3% | -3.7% | +55.3% | +68.8% |
| Net income growth | +51.0% | -53.7% | +90.8% | -45.6% | +2.0% | +47.5% | - |
| Revenue CAGR (3Y) | +5.5% | +8.7% | +14.6% | +11.5% | +6.1% | +11.3% | +14.4% |
| EBITDA CAGR (3Y) | +16.2% | +2.0% | +3.3% | -7.7% | +12.3% | +18.2% | +14.4% |
| Profitability & leverage | |||||||
| Net income margin | +8.4% | +5.8% | +11.7% | +7.1% | +15.6% | +16.9% | +12.0% |
| Return on capital employed | +10.4% | +6.7% | +14.6% | +8.5% | +16.5% | +18.5% | +14.3% |
| Return on net worth | +7.8% | +5.3% | +12.2% | +7.0% | +14.2% | +16.0% | +13.5% |
| Debt / equity | 0.07 | 0.06 | 0.11 | 0.13 | 0.13 | 0.19 | 0.26 |
| Long-term debt / equity | 0.04 | 0.04 | 0.04 | 0.06 | 0.09 | 0.11 | 0.17 |
| Interest cover | 11.48 | 22.10 | 9.95 | 20.24 | 8.44 | 8.92 | 14.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.79 | 0.83 | 1.03 | 1.33 | 1.27 | 1.30 | 1.12 |
| Inventory turnover | 8.03 | 6.43 | 6.46 | 8.52 | 8.91 | 9.93 | 7.18 |
| Debtors turnover | 12.97 | 14.35 | 16.34 | 22.40 | 25.57 | 19.36 | 12.23 |
| EPS (₹) | 483.25 | 311.19 | 664.00 | 352.19 | 646.32 | 633.56 | 425.68 |
| Dividend per share (₹) | 150.00 | 110.00 | 105.00 | 100.00 | 90.00 | 60.00 | 110.00 |
| Book value per share (₹) | 6,448.87 | 5,969.44 | 5,738.06 | 5,165.30 | 4,839.32 | 4,267.57 | 3,650.06 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,107 | 5,623 | 5,643 | 4,416 | 4,303 | 4,948 | 5,240 | 4,235 |
| Revenue growth (YoY) | +18.7% | +13.6% | +7.7% | +4.3% | +15.5% | +2.3% | - | - |
| Other income | 106 | 201 | 112 | 127 | 157 | 201 | 150 | 115 |
| Total expenses | 4,258 | 4,548 | 4,393 | 3,556 | 3,452 | 3,719 | 3,859 | 3,289 |
| EBITDA | 849 | 1,074 | 1,250 | 861 | 851 | 1,229 | 1,381 | 947 |
| EBITDA margin | +16.6% | +19.1% | +22.2% | +19.5% | +19.8% | +24.8% | +26.4% | +22.3% |
| Depreciation | 596 | 586 | 638 | 587 | 555 | 552 | 747 | 750 |
| Interest | 56.86 | 55.48 | 54.77 | 57.66 | 50.72 | 44.56 | 41.69 | 52.86 |
| Profit before tax | 302 | 634 | 670 | 342 | 403 | 833 | 743 | 259 |
| Tax | 96.85 | 196 | 138 | 63.88 | 126 | 215 | 187 | 29.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 19,311 | 18,037 | 19,477 | 16,837 | 14,306 | 12,669 | 11,904 |
| Revenue growth | +7.1% | -7.4% | +15.7% | +17.7% | +12.9% | +6.4% | - |
| Other income | 597 | 577 | 561 | 432 | 537 | 433 | 272 |
| Total expenses | 15,119 | 14,181 | 15,113 | 13,895 | 10,658 | 8,689 | 8,229 |
| Employee cost | 1,106 | 991 | 938 | 866 | 807 | 760 | 731 |
| EBITDA | 4,191 | 3,857 | 4,364 | 2,942 | 3,648 | 3,980 | 3,675 |
| EBITDA margin | +21.7% | +21.4% | +22.4% | +17.5% | +25.5% | +31.4% | +30.9% |
| Depreciation | 2,332 | 2,828 | 1,615 | 1,546 | 1,036 | 1,140 | 1,699 |
| Interest | 208 | 209 | 264 | 269 | 218 | 247 | 287 |
| Profit before tax | 2,248 | 1,397 | 3,046 | 1,559 | 2,931 | 3,026 | 1,960 |
| Tax | 542 | 201 | 577 | 231 | 554 | 714 | 390 |
| Net profit | 1,706 | 1,177 | 2,483 | 1,325 | 2,363 | 2,300 | 1,576 |
| Net profit margin | +8.8% | +6.5% | +12.8% | +7.9% | +16.5% | +18.2% | +13.2% |
| EPS (₹) | 472.91 | 331.55 | 684.16 | 368.11 | 658.71 | 640.78 | 435.19 |
| 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 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 | 36.08 |
| Reserves & surplus | 22,476 | 21,175 | 20,348 | 18,252 | 17,235 | 15,214 | 12,900 |
| Shareholders' funds (net worth) | 22,512 | 21,211 | 20,384 | 18,288 | 17,271 | 15,250 | 12,936 |
| Secured loans | 1,593 | 816 | 1,175 | 2,539 | 2,014 | 1,934 | 3,104 |
| Unsecured loans | 201 | 216 | 578 | 272 | 195 | 222 | 40.00 |
| Total debt | 1,795 | 1,032 | 1,752 | 2,811 | 2,209 | 2,156 | 3,144 |
| Total liabilities | 24,421 | 22,429 | 22,310 | 21,272 | 19,627 | 17,591 | 17,035 |
| Assets | |||||||
| Gross block | 24,393 | 20,770 | 18,424 | 15,075 | 13,523 | 11,364 | 10,363 |
| Net block | 8,376 | 6,898 | 7,099 | 5,333 | 5,321 | 4,192 | 4,319 |
| Capital work in progress | 1,054 | 3,112 | 1,833 | 2,320 | 973 | 971 | 962 |
| Investments | 14,088 | 11,596 | 10,675 | 11,651 | 11,546 | 11,051 | 8,915 |
| Inventories | 2,333 | 2,075 | 3,146 | 2,423 | 2,161 | 1,477 | 1,428 |
| Sundry debtors | 1,013 | 781 | 930 | 906 | 596 | 479 | 828 |
| Cash & bank balances | 184 | 231 | 297 | 119 | 118 | 210 | 108 |
| Loans & advances | 1,514 | 1,304 | 1,639 | 1,337 | 1,331 | 1,254 | 1,375 |
| Total current assets | 5,043 | 4,391 | 6,012 | 4,785 | 4,206 | 3,420 | 3,739 |
| Total current liabilities | 5,674 | 5,327 | 5,109 | 4,547 | 3,788 | 3,448 | 2,303 |
| Net working capital | (631) | (936) | 903 | 239 | 418 | (27.76) | 1,436 |
| Total assets | 24,421 | 22,429 | 22,310 | 21,272 | 19,627 | 17,591 | 17,035 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 96.53 | 135 | (25.09) | (5.47) | (4.56) | (15.71) | 15.24 |
| Net cash from operating activities | 3,493 | 5,063 | 3,304 | 2,704 | 2,723 | 4,094 | 3,751 |
| Net cash from investing activities | (3,466) | (3,638) | (1,350) | (2,409) | (1,865) | (2,868) | (5,373) |
| Net cash from financing activities | (123) | (1,463) | (1,794) | (315) | (858) | (1,215) | 1,591 |
| Net change in cash | (96.45) | (38.06) | 160 | (19.62) | (0.91) | 11.15 | (30.95) |
| Closing cash | 184 | 231 | 297 | 119 | 118 | 210 | 108 |
| 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 | +7.1% | -7.4% | +15.7% | +17.7% | +12.9% | +6.4% | - |
| EBITDA growth | +8.7% | -11.6% | +48.3% | -19.3% | -8.3% | +8.3% | - |
| PBT growth | +60.9% | -54.1% | +95.4% | -46.8% | -3.1% | +54.4% | +81.3% |
| Net income growth | +45.0% | -52.6% | +87.4% | -43.9% | +2.7% | +46.0% | - |
| Revenue CAGR (3Y) | +4.7% | +8.0% | +15.4% | +12.3% | +6.9% | +8.8% | +11.5% |
| EBITDA CAGR (3Y) | +12.5% | +1.9% | +3.1% | -7.1% | +13.8% | +17.2% | +13.5% |
| Profitability & leverage | |||||||
| Net income margin | +8.8% | +6.6% | +12.7% | +7.9% | +16.6% | +18.3% | +13.2% |
| Return on capital employed | +10.5% | +7.2% | +15.2% | +8.9% | +16.9% | +18.9% | +14.6% |
| Return on net worth | +7.8% | +5.8% | +12.8% | +7.5% | +14.6% | +16.4% | +13.9% |
| Debt / equity | 0.06 | 0.07 | 0.12 | 0.14 | 0.13 | 0.19 | 0.26 |
| Long-term debt / equity | 0.04 | 0.04 | 0.04 | 0.06 | 0.09 | 0.11 | 0.18 |
| Interest cover | 11.17 | 20.27 | 9.62 | 19.26 | 8.34 | 8.70 | 14.51 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.86 | 0.92 | 1.16 | 1.49 | 1.15 | 1.48 | 1.24 |
| Inventory turnover | 8.76 | 6.91 | 6.99 | 9.32 | 7.86 | 11.10 | 7.89 |
| Debtors turnover | 21.54 | 21.09 | 21.22 | 28.45 | 26.61 | 24.66 | 15.25 |
| EPS (₹) | 472.91 | 331.55 | 684.16 | 368.11 | 658.71 | 640.78 | 435.19 |
| Dividend per share (₹) | 150.00 | 110.00 | 105.00 | 100.00 | 90.00 | 60.00 | 110.00 |
| Book value per share (₹) | 6,239.36 | 5,878.99 | 5,649.80 | 5,068.86 | 4,786.83 | 4,226.74 | 3,585.48 |
To see the full year-wise statements and ratios of Shree Cement Limited, buy the company report.
Board of directors of Shree Cement Limited
Shree Cement has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Mohan Bangur Also directs: N.B.I.Industrial Finance Company Ltd., The Didwana Investment Company Limited, Rajesh Vanijya Pvt Ltd and 1 more | Whole-Time Director | 31 Jul 1992 | 34 Years 2 Months | Current |
| Prashant Bangur Also directs: N.B.I.Industrial Finance Company Ltd., The Didwana Investment Company Limited, Rajesh Vanijya Pvt Ltd and 5 more | Whole-Time Director | 23 Aug 2012 | 14 Years 2 Months | Current |
| Zubair Ahmed Also directs: Shaafi Naturcure LLP, Somany Ceramics Limited | Director | 21 May 2022 | 4 Years 5 Months | Current |
| Neeraj Akhoury | Managing Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Uma Ghurka Also directs: Thermosystems Private Limited, Thermo Cables Ltd., Thermo Capital Private Limited and 1 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Chandra Kumar Dhanuka Also directs: Naga Dhunseri Group Ltd., Mint Investments Ltd, Dhunseri Investments Limited and 5 more | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Shree Cement Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultratech Cement Limited | ₹76,699 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Ambuja Cements Limited | ₹37,699 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Acc Limited | ₹22,835 Cr (FY 2025) | 12.0% | Gandhinagar, Gujarat, India | |||
| Shree Cement Limitedthis company | ₹20,943 Cr (FY 2026) | ₹1,682.01 Cr | 8% | 8.6% | 6,963 | Beawar, Rajasthan, India |
| J. K. Cement Limited. | ₹12,052 Cr (FY 2025) | 3.0% | Kanpur, Uttar Pradesh, India | |||
| Nuvoco Vistas Corporation Limited | ₹10,376 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shree Cement Limited, buy the company report.
Auditor
Shree Cement Limited is audited by B R Maheswari & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R Maheswari & Co LLP | FY 2024 | 001035N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 62.60%, foreign institutional investors hold 8.20%, domestic institutional investors hold 16.70% and retail and other public shareholders hold 12.60%.
Sep 2026
QUARTER
62.60% Promoters
16.70% DII (Domestic Institutional)
8.20% FII (Foreign Institutional)
12.60% Retail & Others
Promoter holding - history
Now 62.60% · Sep 2026High 62.60% · Dec 2025Low 62.60% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 62.60% | 62.60% | 62.60% | 62.60% |
| Public | 37.40% | 37.40% | 37.40% | 37.40% |
Charges & borrowings
Open charges
₹4,476 Cr
Satisfied charges
₹10,918 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2026 | 101273869 | State Bank of India | ₹210 Cr | Open | |
| 19 Feb 2025 | 101059159 | Axis Bank Limited | ₹420 Cr | Open | |
| 25 Oct 2024 | 100999256 | Axis Bank Limited | ₹3,100 Cr | Open | |
| 30 Apr 2024 | 100919390 | Others | ₹90 Lakh | Open | |
| 05 Oct 2023 | 100796771 | State Bank of India | ₹27 Cr | Open |
To see the full charge records of Shree Cement Limited, buy the company report.
Total charge records: 86 View all charges
Deals & funding
Shree Cement Limited has 40 deals on record (35 market trades, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹700 Cr; the latest was in October 2025.
Total deals
40
Market trades
35
Secondary share transfers
3
Debt financing
1
QIP
1
Disclosed funding
₹700 Cr
Deals on record (5 of 40)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹14.28 Cr | Buyer: Goldman Sachs Bank Europe Se - Odi Seller: Goldman Sachs (Singapore) Pte - Odi |
| Oct 2025 | Market trade | ₹14.33 Cr | Buyer: Goldman Sachs Bank Europe Se - Odi Seller: Goldman Sachs (Singapore) Pte - Odi |
| Jan 2024 | Market trade | ₹73.99 Cr | Buyer: an individual Seller: an individual |
| Nov 2019 | QIP | ₹2,400 Cr | Investors: New World Fund Inc, Others - QIP Shareholders, SBI Magnum Balanced Fund and SBI Blue Chip Fund |
| Mar 2005 | Market trade | ₹42.47 Cr | Buyer: HDFC Trustee Company Limited , an individual Seller: Hdfc Prudence Fund, an individual |
To see the full deal history of Shree Cement Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shree Cement Limited has 1,345 court cases on record: 725 filed by Shree Cement, 623 filed against it. 417 cases are pending and 928 are disposed.
Total cases
1,345
Filed by the company
725
Filed against the company
623
Pending
417
Disposed
928
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 809 | 334 | 207 |
| District courts | 444 | 228 | 184 |
| Supreme Court | 81 | 55 | 22 |
| NCLT | 7 | 5 | 0 |
| NCLAT | 4 | 1 | 4 |
Cases on record (5 of 1,345)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1201-Competition Laws/ MRTP : Competition Laws/ Monopolies and Restrictive Trade Practices Act, 1969) | Filed against the company by Chettinad Cement Corp.Ltd. Through Mr. Hariharan Its Company Secretary | Disposed |
| Supreme Court | Court case (1508MISC-Criminal Law : Negotiable Instruments Act, 1881(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed against the company by an individual | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Melco India Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Haryana Power Generation Corporation Limited and Ors and 3 others | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Bholasinh Vishwanathsing Rajput Owner of M/S.Rajput Fabricate Works | Pending |
To see the full case history of Shree Cement Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Shree Cement Limited was last rated by Care on 22 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Sep 2022 |
To see the full credit ratings and regulatory alerts of Shree Cement Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shree Cement Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shree Cement has 5 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shree Cement North Private Limited | U26940WB2021PTC270991 | |
| Shree Cement South Private Limited | U26990KA2021PTC148348 | |
| Shree Cement East Private Limited | U26999WB2021PTC245736 | |
| Raipur Handling and Infrastructure Private Limited | U63011CT2004PTC016906 | |
| Shree Cement East Bengal Foundation | U92419RJ2020NPL070997 |
To see the full group structure of Shree Cement Limited, buy the company report.
Employees & EPFO
Shree Cement Limited has a workforce of 6,963 employees on its EPFO records as of Apr 07, 2024, across 11 active EPFO establishments.
Employee count
6,963
Active EPFO establishments
11
Employee growth
6.78%
GST
Shree Cement has 39 GST registrations: 32 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
39
Active
32
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS8796G1ZR | Rajasthan | Active | 01 Jul 2017 |
| 08AACCS8796G2ZQ | Rajasthan | Active | 14 Sep 2017 |
| 08AACCS8796G3ZP | Rajasthan | Active | 03 Jan 2019 |
| 02AACCS8796G1Z3 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Cement Limited, buy the company report.
Recent activity
Shree Cement Limited has 38 board changes on record since 1979: 23 appointments and 15 cessations. The latest: Chandra Kumar Dhanuka was appointed as Director on 28 Oct 2025.
Charges
A charge with State Bank Of India amounted to Rs. 210.00 Cr with Charge ID 101273869 was registered on 20 Apr 2026.
Filing
Shree Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Charges
A charge with Axis Bank Limited of Rs. 420.00 Cr registered on 19 Feb 2025 with Charge ID 101059159 was modified on 16 Mar 2026.
Charges
A charge registered on 01 Oct 2010 via Charge ID 10246602 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
Appointed
Chandra Kumar Dhanuka was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 27.00 Cr registered on 05 Oct 2023 with Charge ID 100796771 was modified on 09 Oct 2025.
AGM
Shree Cement Limited last Annual general meeting of members was held on 04 Aug 2025 as per latest MCA records.
Ceased
Sanjiv Krishnaji Shelgikar ceased to be Director.
Charges
A charge with Others of Rs. 8.10 Cr registered on 17 Aug 2022 with Charge ID 100610237 was modified on 25 Jul 2025.
Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 10 Jun 2022 with Charge ID 100588409 was modified on 15 Jun 2025.
Charges
A charge registered on 08 Aug 2018 via Charge ID 100199913 with Others was fully satisfied on 05 Jun 2025.
Charges
A charge registered on 13 Jul 2018 via Charge ID 100192206 with Others was fully satisfied on 02 May 2025.
241 earlier events are in the company report.
News
SHREECEM: Q2 SL NET PROFIT 2.1B RUPEES VS 2.77B (YOY); EST 2.1B
SHREECEM: Q2 EBITDA 8.5B RUPEES VS 8.5B (YOY), EST 7.5B; Q2 EBITDA MARGIN 16.6% VS 19.78% (YOY), EST 15.7%
SHREECEM: Q2 REVENUE 51.1B RUPEES VS 43.03B (YOY); EST 47.73B
Shree Cement: Co To Consider Q2 Results On October 23
Frequently asked questions
Shree Cement is an active public limited company based in Beawar, Rajasthan, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 25 October 1979 (47+ years old) and is registered under CIN L26943RJ1979PLC001935. Listed on BSE: 500387 and NSE: SHREECEM.
Shree Cement reported revenue of ₹20,943 Cr for FY 2025-26 (up 8.6% YoY) based on consolidated financials.
Shree Cement has 7 current directors:
- Neeraj Akhoury - Managing Director
- Hari Mohan Bangur - Whole-Time Director
- Prashant Bangur - Whole-Time Director
- Zubair Ahmed - Director
- Uma Ghurka - Director
- Chandra Kumar Dhanuka - Director
- Sushil Kumar Roongta - Director
The latest financial statements of Shree Cement on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Cement is 08AACCS8796G1ZR, registered in Rajasthan. The company has 39 GST registrations in all, of which 32 are active and 7 are cancelled or inactive. Other active GSTINs include 08AACCS8796G2ZQ (Rajasthan), 08AACCS8796G3ZP (Rajasthan), 02AACCS8796G1Z3 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Shree Cement is L26943RJ1979PLC001935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shree Cement is a listed company as per MCA records. Its shares are listed on both BSE (code: 500387) and NSE (symbol: SHREECEM).
Shree Cement has 1,345 court cases on record: 725 filed by the company and 623 filed against it. 417 are pending. Most are in the high courts.
Shree Cement was incorporated on 25 October 1979, making it 47+ years old. It is registered with the Registrar of Companies, Jaipur.
Shree Cement has 40 deals on record (35 market trades, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹700 Cr; the latest was in October 2025.
The peers of Shree Cement by revenue are Ultratech Cement Limited, Ambuja Cements Limited, Acc Limited, J. K. Cement Limited, Nuvoco Vistas Corporation Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).