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Shree Cement Ltd is one of India's leading cement manufacturers with a consolidated cement production capacity of 46.40 million tonnes per annum (MTPA) and a power generation capacity of 888.6 MW. The company operates across six states in North and East India, with manufacturing units in Rajasthan, Uttarakhand, Bihar, Haryana, Chhattisgarh, and Uttar Pradesh. Shree Cement produces various types of cement including Ordinary Portland Cement, Portland Pozzolana Cement, Portland Slag Cement, and Composite Cement under brands such as Shree Ultra Jung Rodhak Cement, Bangur Cement, and Rockstrong Cement. The company also has international operations with approximately 4 MTPA capacity serving the Middle East and Southeast Asia markets. Headquartered in Kolkata, India, Shree Cement was incorporated in 1979 and has since expanded through numerous capacity additions and acquisitions, including facilities in Karnataka, Jharkhand, Odisha, Maharashtra, and Andhra Pradesh.
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Company insights, generated from the most recent coverage.
Q1 FY27 EBITDA/ton fell 17% YoY to ₹1,111 from ₹1,339 as Middle East tensions forced a shift from cheaper Pet Coke to costlier coal, with Pet Coke usage dropping to an unprecedented 9% of fuel mix.
Management expects fuel and gypsum costs to normalize from Q2 FY27, maintaining FY27 volume guidance of 40 MT and targeting UAE capacity doubling by Q3 FY27.
Stock down 20% over 1 year and ~21% below 52-week high, reflecting sustained selling pressure despite volume growth of 15%+ YoY in Q1 FY27.