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Shree Cement Limited (SHREECEM) Fair Value & Analysis

Basic Materials · IN · Market cap ₹974B

SC Shree Cement Limited SHREECEM · NSE
Price₹26,245
Fair Value₹8,215
Upside-68.7%
Quality57/100
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Healthy Growth
Solidly profitable · 14.5% net margin
Low debt · generates free cash flow
0.15% dividend yield
Ranks above peers (9/15)
Moderate moat 53/100
Evidence: High Range ₹6,161 – ₹10,269 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Share price −1.5% over the past month.

A solid business, but screening 69% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹10,269). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹32,170 ₹17,703 Fair Value ₹8,215 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range ₹17,703 – ₹32,170 · fair‑value band ₹6,161 – ₹10,269 · the ₹26,245 price screens above the ₹8,215 fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Shree Cement Limited (SHREECEM) currently trades at ₹26,245, while our model-based Fair Value estimate is ₹8,215, implying the stock looks roughly 68.7% overvalued today. We read business quality at 57/100 (solid 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: high).

Over the trailing twelve months, Shree Cement Limited generated revenue of ₹88.7B at a net margin of 14.5%. Revenue grew 5.2% year over year. It earns a return on equity of 7.9%. Net debt stands at ₹15.3B. Fundamentals as of Jul 17, 2026

Our scenario range runs from ₹6,161 (bear case) to ₹10,269 (bull case); at ₹26,245, 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 19% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at -69%, SHREECEM screens richer 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 BearBaseBull Evidence
Highest evidence
Growth DCF ₹7,407 ₹13,776 ₹25,476 80
Residual Income ₹5,382 ₹5,751 ₹6,445 76
Rev-Margin DCF ₹5,526 ₹9,571 ₹14,908 74
All 26 models by family
DCF Models
FCF DCF ₹7,476 ₹14,415 ₹27,366 38
Owner Earnings ₹10,243 ₹19,712 ₹37,387 31
5Y Revenue Exit ₹5,526 ₹9,663 ₹15,295 39
5Y EBITDA Exit ₹10,439 ₹19,981 ₹32,229 41
5Y P/E Exit ₹6,902 ₹12,553 ₹19,104 38
10Y Revenue Exit ₹5,923 ₹10,170 ₹16,742 36
10Y EBITDA Exit ₹9,456 ₹17,988 ₹31,512 37
10Y P/E Exit ₹7,039 ₹12,359 ₹20,065 35
Earnings-Based
Graham-Dodd ₹3,286 ₹16,216 ₹22,361 54
Lynch FV ₹4,367 ₹6,239 ₹8,110 50
PEG = 1.0 ₹4,367 ₹6,239 ₹8,110 46
EPV ₹3,650 ₹4,313 ₹4,902 59
Dividend Discount
Gordon GGM ₹1,347 ₹2,941 ₹4,949 70
DDM Multi-Stage ₹1,347 ₹2,410 ₹3,065 61
Multiples
P/E Multiple ₹7,249 ₹9,665 ₹12,081 63
P/S Multiple ₹6,161 ₹8,215 ₹10,269 58
P/B Multiple ₹6,161 ₹8,215 ₹10,269 55
EV/EBIT ₹7,002 ₹9,371 ₹11,741 53
EV/EBITDA ₹12,577 ₹16,805 ₹21,033 54
EV/Revenue ₹4,685 ₹6,738 ₹8,792 43
Asset-Based
NCAV (Graham) ₹3,224 ₹4,321 ₹6,449 50
Growth DCF
Growth DCF ₹7,407 ₹13,776 ₹25,476 80
Rev-Margin DCF ₹5,526 ₹9,571 ₹14,908 74
Economic Profit
Residual Income ₹5,382 ₹5,751 ₹6,445 76
ROIC Compounder ₹3,650 ₹4,313 ₹4,902 72
Growth Earnings
Growth-Adj P/E ₹6,549 ₹9,356 ₹12,163 68

Widest divergence: DCF Models (₹12,553) versus Dividend Discount (₹2,410). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹88.7B
Revenue growth (YoY) +5.2%
Net margin 14.5%
Return on equity 7.9%
Free cash flow ₹19.6B FY2026
P/E ratio 56.0
More key figures
Operating margin 18.6%
EPS (TTM) ₹481.96
Dividend yield 0.2%
EPS growth (YoY) +3.4%
Net debt ₹15.3B FY2026

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 61 · Market factors (momentum, volatility) 52

Profitability 45
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 28
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

Shree Cement Limited engages in the manufacture and sale of cement and clinker in India and internationally. The company provides ordinary Portland, Portland pozzolana, Portland slag, and composite cements. It also produces ready mix concrete, as well as aerated autoclaved concrete blocks, a lightweight and precast building material.

Full company description

Shree Cement Limited engages in the manufacture and sale of cement and clinker in India and internationally. The company provides ordinary Portland, Portland pozzolana, Portland slag, and composite cements. It also produces ready mix concrete, as well as aerated autoclaved concrete blocks, a lightweight and precast building material. The company offers its products under the Bangur brand name. In addition, it engages in the generation of power with a total capacity of 1,085 megawatts through thermal, waste heat recovery, solar, and wind power plants. Shree Cement Limited was incorporated in 1979 and is headquartered in Kolkata, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shree Cement Limited reported revenue of ₹209B in FY2026 versus ₹146B in FY2022, a compound +9.5%/yr. Reported net income was ₹17.4B in FY2026, compounding −7.0%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹209B
Latest YoY
+10.4%
Avg. growth/yr (3Y)
+6.3%
Avg. growth/yr (5Y)
+9.7%
Avg. growth/yr (22Y)
+18.8%
Revenue +9.5%/yr
FY22 ₹146B
FY23 ₹174B
FY24 ₹201B
FY25 ₹190B
FY26 ₹209B
Net income −7.0%/yr
FY22 ₹23.3B
FY23 ₹12.7B
FY24 ₹24.0B
FY25 ₹11.2B
FY26 ₹17.4B

SHREECEM screens 69% overvalued. Compare with CRH plc →

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Cite: Fair Value Calculator (2026). "Shree Cement Limited Fair Value". https://www.fairvalue-calculator.com/stock/SHREECEM

Peer Group

Building Materials · 253 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 57 · Top 25%
Fair Value upside −69% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/E (TTM) 56.0× · Pricier than 75% of peers
P/B 4.19× · Pricier than 75% of peers
P/S (TTM) 10.98× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 35.1× · Pricier than 75% of peers
PEG 0.67× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 27
FUTURE 26 · sector 2
PAST 32 · sector 15
HEALTH 98 · sector 92
DIVIDEND 3 · sector 42

VALUE 0: the price sits above our fair-value range.

Insider activity: 30/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%
J.K. Cement Limited JKCEMENT ₹5,493 ₹2,184 -60%

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Frequently asked questions

Is Shree Cement Limited (SHREECEM) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of ₹8,215 versus a price of ₹26,245, about −69% (overvalued).
What is the fair value of SHREECEM?
Our model-based fair value for Shree Cement Limited is ₹8,215 (as of Jul 17, 2026), built from audited fundamentals. The current price is ₹26,245.
What is the quality score of SHREECEM?
Shree Cement Limited has a Quality Score of 57/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Shree Cement Limited (SHREECEM)?
Shree Cement Limited reported trailing-twelve-month revenue of about ₹88.7B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of SHREECEM?
The net profit margin of Shree Cement Limited is about 14.5%, meaning it keeps roughly 14.5% of revenue as net income. Based on the latest reported figures.
Does Shree Cement Limited pay a dividend?
Shree Cement Limited currently shows a dividend yield of about 0.16% relative to its recent price (as of Jul 17, 2026).

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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