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Sagar Cements Limited (SAGCEM) Fair Value & Analysis

Basic Materials · IN · Market cap ₹21.3B

SC Sagar Cements Limited SAGCEM · BSE
Price₹162.85
Fair Value₹92.78
Upside-43.0%
Quality45/100
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Risks

!Trades 43% ABOVE our fair value of ₹92.78
!Expensive Growth
!Loss-making · -6.7% net margin
!Moderate debt · negative free cash flow
Expensive Growth
Loss-making · -6.7% net margin
Moderate debt · negative free cash flow
Narrow moat 22/100
Evidence: Low Range ₹37.67 – ₹147.89 Share as image

Fair value as of: Aug 23, 2026

From 2 valuation models · updated today

Share price −9.6% over the past month.

Below-average quality, and screening another 43% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (₹147.89). The favourable scenario is already priced in.
  • The model range is unusually wide (₹37.67 to ₹147.89). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹305.95 ₹139.32 Fair Value ₹92.78 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

60‑month range ₹139.32 – ₹305.95 · fair‑value band ₹37.67 – ₹147.89 · the ₹162.85 price screens above the ₹92.78 fair value. Dashed = 300-day average. As of Aug 23, 2026.

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Analysis

Sagar Cements Limited (SAGCEM) currently trades at ₹162.85, while our model-based Fair Value estimate is ₹92.78, implying the stock looks roughly 43.0% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Sagar Cements Limited generated revenue of ₹25.2B at a net margin of -6.7%. Revenue grew 4.7% year over year. It earns a return on equity of -8.9%. Net debt stands at ₹16.7B. Fundamentals as of Aug 23, 2026

Our scenario range runs from ₹37.67 (bear case) to ₹147.89 (bull case); at ₹162.85, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -60% fair-value upside, at -43%, SAGCEM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA ₹71.51 ₹126.61 ₹181.72 54
NCAV (Graham) ₹64.76 ₹86.78 ₹129.52 50
All 2 models by family
Multiples
EV/EBITDA ₹71.51 ₹126.61 ₹181.72 54
Asset-Based
NCAV (Graham) ₹64.76 ₹86.78 ₹129.52 50

Widest divergence: Multiples (₹126.61) versus Asset-Based (₹86.78). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) ₹25.2B
Revenue growth (YoY) +4.7%
Net margin -6.7%
Return on equity -8.9%
Free cash flow −₹2.1B FY2026
Operating margin -4.3%
More key figures
EPS (TTM) ₹-12.78
EPS growth (YoY) -89.1%
Net debt ₹16.7B FY2026

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 42 · Market factors (momentum, volatility) 33

Profitability 31
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sagar Cements Limited engages in the manufacture and sale of cement in India. The company offers ordinary Portland, Portland Pozzolana, sulphate resistant Portland, and Portland slag cements, as well as ground granulated blast furnace slag. Sagar Cements Limited was incorporated in 1981 and is based in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sagar Cements Limited reported revenue of ₹25.7B in FY2026 versus ₹15.9B in FY2022, a compound +12.7%/yr. Reported net income was −₹111M in FY2026.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹25.7B
Latest YoY
+17.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.7%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.4%
Revenue +12.7%/yr
FY22 ₹15.9B
FY23 ₹22.2B
FY24 ₹25.0B
FY25 ₹22.0B
FY26 ₹25.7B
Net income
FY22 ₹692M
FY23 ₹302M
FY24 −₹434M
FY25 −₹2.1B
FY26 −₹111M

SAGCEM screens 43% overvalued. Compare with UltraTech Cement Limited →

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Cite: Fair Value Calculator (2026). "Sagar Cements Limited Fair Value". https://www.fairvalue-calculator.com/stock/SAGCEM.BSE

Peer Group

Building Materials · 259 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Below median
Fair Value upside −43% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Building Materials median · lower = cheaper

EV/EBITDA 4.9× · Cheaper than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Building Materials stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
UltraTech Cement Limited ULTRACEMCO ₹11,891 ₹4,718 -60%
China Jushi Co 600176 ¥40.56 ¥13.22 -67%
Grasim Industries Limited GRASIM ₹3,293 ₹1,245 -62%
CEMEX, S.A. CEMEXCPO 21.71 MXN 12.27 MXN -43%
Ambuja Cements Limited AMBUJACEM ₹421.00 ₹216.73 -49%
Shree Cement Limited SHREECEM ₹24,280 ₹8,215 -66%
TCC Group 1101B 43.15 TWD 9.76 TWD -77%
Taiwan Glass Ind. Corp 1802 57.60 TWD 13.98 TWD -76%
J.K. Cement Limited JKCEMENT ₹5,349 ₹2,184 -59%
Dalmia Bharat Limited DALBHARAT ₹1,842 ₹1,032 -44%

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Frequently asked questions

Is Sagar Cements Limited (SAGCEM) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of ₹92.78 versus a price of ₹162.85, about −43% (overvalued).
What is the fair value of SAGCEM?
Our model-based fair value for Sagar Cements Limited is ₹92.78 (as of Aug 23, 2026), built from audited fundamentals. The current price: ₹162.85.
What is the quality score of SAGCEM?
Sagar Cements Limited has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sagar Cements Limited (SAGCEM)?
Sagar Cements Limited reported trailing-twelve-month revenue of about ₹25.2B (latest available figure, as of Aug 23, 2026).
What is the net profit margin of SAGCEM?
The net profit margin of Sagar Cements Limited is about -6.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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