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Saurashtra Cement Limited

Saurashtra Cement Limited

SAURASHCEM.BO
Saurashtra Cement LimitedIN flagBombay Stock Exchange
56.29
INR
-0.68
- -
6.25BMarket Cap
Saurashtra Cement Limited
SAURASHCEM.BO
(Bombay Stock Exchange)

Recent

price

56.29

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
76.71
85.95
105.55
103.8
109.92
96.85
72.13
82.05
88.43
86.73
96.03
130.74
147.74
159.7
138.73
150.22
149.75
Revenue per Share
-11.32
-4.18
35.89
4.08
13.03
7.51
2.17
9.03
-0.71
8.14
10.38
2.1
-1.99
5.11
0.63
1.3
1.3
Basic EPS, GAAP
6.31
4.13
22.65
14.56
12.14
8.64
0.39
2.58
-2.43
5.61
13.55
-4.94
-1.58
7.82
-5.06
0.64
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
2.25
1.02
1
1
1.75
0.81
0.38
- -
1
1
- -
- -
Dividend per Share
11.34
-45.96
-10.07
-5.98
7.22
27.79
26.25
32.13
33.8
39.66
49.13
56.74
53.53
62.45
10.04
10.03
10
Book Value per Share
-2.57
-6.97
28.69
32.68
45.98
62.77
56.23
60.05
58.99
64.92
74.93
78.92
76.74
81.15
84.65
84.31
84.05
Tangible Book Value per Share
51
51
51
51
51
55
64
69
69
69
70
110
111
111
111
111
111
Basic Weighted Avg Shares
3,927
4,400
5,403
5,314
5,627
5,297
4,621
5,677
6,119
6,022
6,689
14,397
16,348
17,693
15,376
16,660
16,660
Sales/Revenue/Turnover
0.17
5.21
15.46
6.35
10.64
11.14
3.57
7.5
-2.07
15.08
14.33
2.36
-1.94
4.7
0.1
0.5
0.5
Operating Margin (%)
305
220
344
259
349
127
154
177
306
197
200
332
389
471
423
442
442
Depreciation Expense
-571
-205
1,837
209
676
438
139
625
-49
565
723
231
-220
566
70
144
144
Net Income, GAAP
- -
- -
14.85
0.03
14.69
36.28
34.2
- -
- -
26.94
29.45
38.32
- -
37.01
50.39
- -
36.62
Effective Tax Rate (%)
-14.53
-4.66
34
3.93
12.01
8.27
3.01
11
-0.8
9.38
10.81
1.61
-1.35
3.2
0.45
0.87
0.87
Profit Margin (%)
-2,603
-2,797
-288
-582
-140
94
112
310
91
580
1,188
927
-250
1,033
835
1,027
1,027
Working Capital
1,213
1,027
1,145
378
- -
12
21
30
40
78
51
114
72
110
337
309
309
LT Debt
-125
-352
1,479
1,686
2,362
3,436
3,604
4,156
4,083
4,509
5,228
9,042
8,822
9,277
9,474
9,616
9,616
Total Equity
- -
- -
41.72
14.05
22.55
12.49
2.95
- -
- -
14.4
13.15
2.69
- -
5.3
0.07
- -
- -
Return on Invested Capital (%)
- -
- -
-627.82
91.28
269.93
44.06
9.14
- -
- -
20.9
22.4
5.1
- -
8.53
2.68
- -
- -
Return on Capital (%)
-99.79
- -
- -
- -
- -
43.5
8.69
31.99
-2.16
22.19
23.41
4.78
-3.61
8.81
1.74
12.96
12.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
305
- -
760
LT Borrowings
347
- -
306
LT Finance Leases
5
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
- -
111
Market Capitalization
11,531
9,106
5,382

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
5,730
- -
6,088
Cash, Cash Equivalents & STI
2,083
- -
2,259
Accounts Receivable, Net
1,270
- -
1,012
Inventories
2,163
- -
2,476
Total Current Liabilities
4,951
- -
5,062
Payables & Accruals
- -
- -
- -
ST Debt
305
- -
760
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.41%
15.86%
1.5%
Free Cash Flow
-96.37%
-219.68%
-112.67%
Net Income, GAAP
-164.9%
-120.34%
106.49%
Sales/Revenue/Turnover
15.96%
26.45%
8.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,461
3,749
4,467
4,871
17,693
2025
3,858
2,963
3,775
4,781
15,376
2026
4,236
3,856
4,102
4,466
16,660

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
0.07
1.13
- -
5.11
2025
0.89
-2.83
-0.39
2.96
0.63
2026
1.52
-0.99
-0.92
1.69
1.3

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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Business
Saurashtra Cement Limited manufactures and markets cement and clinker products under the HATHI and SIDHEE brands; it also produces paints under the Snowcem brand including pioneering cement paints for exterior applications. The company offers Ordinary Portland Cement in 53 and 43 grades (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), Sulphate Resistant Portland Cement (SRPC), and clinker; cement is packaged in 50 kg HDPE/PP/paper bags, bowsers, or 1 MT jumbo bags. Incorporated in 1956 and headquartered in Mumbai, India, with registered office in Ranavav, Gujarat, Saurashtra Cement operates plants in Ranavav (1.5 MTPA capacity) and Sidheegram (1.2 MTPA capacity), serving domestic markets in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and the West Coast of India, as well as exports to Africa, the Middle East, Indian Ocean regions, and Sri Lanka via multi-modal road, rail, and sea transportation. As the flagship of the Mehta Group, an ISO 9001:2015, 14001:2015, and 45001:2018 certified entity and recognized Export House, it emphasizes energy-efficient dry process technology, modern captive power plants using coal, petcoke, and lignite, and awards for energy efficiency. In May 2021, the company expanded into paints via slump sale acquisition of the Snowcem brand and business, diversifying from core cement operations to pan-India paint distribution; recent developments include interim CFO Rakesh Mehta's resignation in September 2025 and ongoing tax appeal successes deleting over INR 44 crore in demands for AY2020-21 and AY2021-22, alongside speculation in mid-2024 of potential acquisition interest from Adani Group as part of its cement sector expansion.