Shree Cement Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION
Shree Cement Ltd is one of India's leading cement manufacturers and among the country's largest cement producers by capacity. Established in 1979 in Beawar, Rajasthan, and headquartered in Kolkata, the company has expanded its operations across multiple regions through continuous capacity additions and a focus on operational efficiency. In addition to cement production, it also operates captive power businesses that support its manufacturing activities . The shree cement ltd share price is closely monitored by investors due to the company's strong presence in the cement industry and its role in India's infrastructure and construction growth story. For individuals looking to enter the stock market through a new demat account, Shree Cement remains a notable company within the building materials sector.
Shree Cement Ltd Moves in 2026
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Strong Top-Line Growth: Revenue for the March 2026 quarter increased to Rs. 5,642.95 crore, reflecting healthy demand across key markets.
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Higher Consolidated Income: Total consolidated income rose to Rs. 6,202.16 crore in Q4 FY26, demonstrating steady business momentum.
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Profit Moderation: Net profit witnessed a slight decline during the quarter due to cost pressures despite higher sales.
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Operating Performance: Operating earnings remained robust, supported by the company's efficient manufacturing and cost-management initiatives.
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Expansion Plans: Shree Cement received approval to develop a new integrated cement facility in Meghalaya, supporting its long-term growth strategy.
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Raw Material Security: The company strengthened its resource base by securing preferred bidder status for a limestone block in Andhra Pradesh, a development that could support future production capacity and the shree cement ltd share price.
Evolution of Shree Cement Ltd: From Past to Present
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Shree Cement Ltd was incorporated in 1979 by the Bangur family and established its first cement manufacturing facility in Rajasthan.
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The company strengthened its position during the 1980s and 1990s through capacity expansion and its entry into the public markets.
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Over the years, Shree Cement diversified into captive power generation and adopted waste heat recovery systems to improve operational efficiency.
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The company continued to expand its grinding and clinker capacities, helping it become one of India's largest cement producers.
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Between 2018 and 2023, Shree Cement expanded its international presence, commissioned new production facilities, and increased its manufacturing capacity significantly.
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In recent years, the company entered the ready-mix concrete segment, strengthened its brand portfolio, and expanded its footprint across domestic and overseas markets.
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Today, Shree Cement is recognized as a major player in the cement industry, with its growth strategy and operational performance continuing to support investor interest in the shree cement ltd share price.
|
Name |
Shree Cement Limited |
|
Founded year |
1979 |
|
Headquarters |
Kolkata, West Bengal, India |
|
Sector |
Cement & Construction Materials |
|
Current chairman |
Hari Mohan Bangur |
|
Major subsidiaries |
Bangur Cement Ltd Raipur Handling and Infrastructure Private Limited Union Cement Company (P.S.C.) Shree Global FZE |
|
Revenue |
Rs. 19,872 crore (US$2.1 billion) (2025) |
|
Geographical presence |
India, United Arab Emirates (UAE), and Bahrain |
|
Nse code |
SHREECEM |
|
Bse code |
500387 |
Timeline of Shree Cement Ltd
|
Year |
Fact |
Description |
|
1979 |
Company Incorporation |
Shree Cement Ltd was incorporated by the Bangur family in Rajasthan. |
|
1985 |
Commercial Operations |
The company commissioned its first cement manufacturing plant with an installed capacity of 0.6 MTPA. |
|
1989 |
Public Listing |
Shree Cement became a publicly listed company, broadening its access to capital markets. |
|
1997 |
Power Generation Entry |
The company entered the power segment through captive power facilities to support manufacturing operations. |
|
2002 |
Sustainability Initiative |
Adopted waste heat recovery systems to improve energy efficiency and reduce production costs. |
|
2010 |
Capacity Expansion |
Expanded grinding and clinker capacities across multiple locations to strengthen market presence. |
|
2018 |
International Expansion |
Entered overseas markets through investments in the UAE, marking a significant global expansion step. |
|
2021 |
Manufacturing Growth |
Commissioned new clinker and cement facilities, enhancing overall production capacity. |
|
2024 |
Brand Expansion |
Strengthened market presence through the Bangur brand and expanded its product portfolio. |
|
2025 |
Ready-Mix Concrete Entry |
Expanded into the ready-mix concrete business while crossing 62.8 MTPA cement capacity in India. |
Inside Shree Cement Ltd: Exploring Subsidiary Ventures
Corporate action: Shree Cement Ltd has maintained a consistent track record of rewarding shareholders and has declared 43 dividends since October 4, 2001. Over the last 12 months, the company has announced total equity dividends of Rs. 140 per share. At the shree cement share price today of Rs. 24,990 as on June 17, 2026, this represents a dividend yield of approximately 0.56%. Most recently, the company declared an interim dividend of Rs. 80 per equity share, with November 3, 2025 serving as both the record date and ex-dividend date. This consistent dividend history reflects Shree Cement's strong cash generation and commitment to delivering value to its shareholders.
Main News:
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April 2026: Shree Cement obtained regulatory approval to establish an integrated cement plant in Meghalaya. The proposed project, involving an investment of around Rs. 1,800 crore, is expected to enhance the company's production footprint in the northeastern region.
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March 2026: The company emerged as the preferred bidder for the Dommarnandyala-1 Limestone Block in Andhra Pradesh. Access to additional limestone reserves is expected to strengthen long-term operational sustainability and support future expansion plans.
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February 2026: Shree Cement reported a strong improvement in its third-quarter performance for FY26, driven by growth in revenue and improved operational efficiency. The positive earnings momentum attracted investor attention and contributed to interest in the shree cement stock price.
Shree Cement Ltd Subsidiaries NSE/BSE: Current Share Prices
|
Company name |
Sector |
Share price |
|
Shree Cement Ltd |
Cement & Construction Materials |
Investors tracking the shree cement ltd share price can use a free online trading account to access live market updates, company financials, and stock performance data, helping them make more informed investment decisions.
Financial Snapshot & Investor Analysis
Shree Cement Ltd continues to maintain a solid financial foundation, supported by a shree cement market cap of around Rs. 90,202 crore and a promoter shareholding of 62.55%. While the company recorded a decline in sales growth of 7.39% and profit growth of 51.54% during the latest period, it remains a prominent player in the cement sector . The company's balance sheet remains relatively strong, with debt of Rs. 816.43 crore and cash holdings of Rs. 231.01 crore. This moderate debt level provides financial flexibility while supporting future expansion plans . From a profitability perspective, Shree Cement reported an ROE of 5.75% and an ROCE of 7.32%, reflecting its ability to generate returns from shareholder capital and business operations. The company also delivered an EPS of Rs. 472.90 and a dividend yield of 0.60%. These financial indicators, combined with its established market presence, continue to make the shree cement ltd share price an area of interest for investors tracking the cement industry.
Industry Comparison: How Shree Cement Stacks Up Against Peers
|
Company |
Market Cap (Rs. Cr.) |
P/E |
ROE (%) |
ROCE (%) |
P/B |
|
3,34,961.81 |
45.23 |
9.64 |
11.72 |
4.49 |
|
|
1,05,343.83 |
29.6 |
7.04 |
2.65 |
2 |
|
|
90,472.48 |
53.02 |
5.75 |
7.32 |
4.02 |
|
|
42,524.58 |
41.15 |
15.24 |
15.08 |
6.11 |
|
|
32,208.83 |
228.43 |
1.79 |
2.15 |
4.09 |
Shree Cement ranks among the largest cement companies in India, with a market capitalisation of over Rs. 90,000 crore. While its return ratios are lower than those of UltraTech Cement and JK Cement, the company continues to maintain a strong position through disciplined operations, capacity expansion, and a relatively healthy balance sheet . Compared with its peers, Shree Cement trades at a premium valuation with a P/E ratio of 53.02, reflecting investor confidence in its long-term growth potential. Its ROCE of 7.32% remains stronger than that of Ambuja Cements and Dalmia Bharat, while ongoing expansion projects and operational efficiencies continue to support the shree cement ltd share price. For investors evaluating opportunities within the cement sector, Shree Cement remains a significant player alongside UltraTech Cement, Ambuja Cements, JK Cement, and Dalmia Bharat.
Achievements & Milestone
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2025: Received the CareEdge-ESG 1 Rating for strong environmental, social, and governance performance.
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2025: Won the FKCCI CSR Excellence Award for its contribution to rural development initiatives.
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2024: Earned the CII CAP 2.0 Award in the Resilient category for the Energy, Mining, and Heavy Manufacturing sector.
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Golden Peacock Environment Management Award: Recognised for its commitment to sustainable and eco-friendly operations.
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Whitehopleman 5-Star Rating: Became the first cement company globally to achieve this international benchmark for plant performance.
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Great Place to Work®: Consistently recognised among India's leading employers in the Cement and Building Materials sector.
Note: These recognitions highlight Shree Cement's focus on sustainability, operational excellence, and workplace culture.
Conclusion
Shree Cement Ltd has established itself as one of India's leading cement manufacturers through decades of capacity expansion, operational excellence, and sustainable business practices. The company's strong market position, ongoing expansion projects, and focus on efficiency continue to support its long-term growth prospects within the cement and construction materials sector . For investors, the shree cement ltd share price remains an important indicator of the company's performance and future potential. Those looking to monitor market movements and company developments can use a stock investment app to stay informed and make well-researched investment decisions. To track the latest updates and stock insights, investors can explore the tools and resources available through Enrich Money.
Frequently Asked Questions
Where can I find real-time updates on the shree cement ltd share price ?
Check the latest shree cement ltd share price and live stock updates on Enrich Money’s stock here.
What have been the highest and lowest share prices of shree cement ltd share price in the past 52 weeks?
The 52-week high of shree cement ltd share price is Rs. 32,490.00 and the 52-week low of shree cement ltd share price is around Rs. 22,550.00.
Does Shree Cement pay dividends to shareholders?
Yes, Shree Cement has a consistent dividend distribution record. Based on recent payouts and the today shree cement share price, the dividend yield is approximately 0.56%, making it a stock that offers regular shareholder returns.
What are the face value and book value of Shree Cement shares?
The face value of a Shree Cement share is Rs. 10, while the book value per share is around Rs. 6,239.23. These metrics help investors evaluate the company's financial position alongside the shree cement market cap and overall valuation.
Is Shree Cement suitable for long-term investment?
The long-term outlook depends on factors such as earnings growth, capacity expansion, profitability, and industry demand. Investors evaluating the share price of shree cement should consider both the company's fundamentals and broader cement sector trends before making investment decisions.
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