Saurashtra Cement Ltd
SAURASHCEM NSE
Saurashtra Cement Ltd
CommoditiesNSE: SAURASHCEM BSE: 502175 Cement & Cement Products
Key Fundamentals
MicrocapCementConstructionMarket Cap
₹684 Cr
Volatility
Moderate
P/E Ratio
100.57
EBITDA
₹42.37 Cr
Return on Equity
0.74%
Debt to Equity
0.11
Book Value
₹86.41
EPS
₹5.69
52W High
₹125.35
52W Low
₹47.65
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Saurashtra Cement Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has reduced debt.
- Stock is trading at 0.70 times its book value
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 3.34% over last 3 years.
Growth Rate
Revenue Growth
7.15% ↗
Net Income Growth
-46.14% ↗
Cash Flow Change
-80.51% ↘
ROE
-87.87% ↘
ROCE
-72.38% ↘
EBITDA Margin (Avg.)
-35.71% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 446 | 375 | 447 | 497 | 386 | 296 | 378 | 478 | 424 | 386 | 410 | 447 | 457 |
| Expenses | 415 | 364 | 404 | 453 | 363 | 336 | 370 | 425 | 389 | 395 | 409 | 420 | 436 |
| Operating Profit | 31.18 | 10.56 | 43.14 | 44.98 | 23.12 | -39.83 | 7.79 | 52.74 | 34.81 | -9.73 | 0.94 | 26.47 | 20.72 |
| OPM % | 6.99% | 2.82% | 9.66% | 9.04% | 5.99% | -13.44% | 2.06% | 11.03% | 8.22% | -2.52% | 0.23% | 5.93% | 4.54% |
| Other Income | -0.87 | 2.64 | -11.24 | 24.65 | 5.14 | 4.38 | 3.27 | 13.37 | 5.09 | 4.77 | -1.93 | 0.56 | 5.26 |
| Interest | 1.72 | 2.36 | 1.93 | 2.09 | 3.23 | 4.46 | 3.79 | 2.14 | 2.62 | 2.16 | 3.22 | 2.17 | 2.95 |
| Depreciation | 9.82 | 10.14 | 10.08 | 17.04 | 10.29 | 10.34 | 10.55 | 11.1 | 10.68 | 10.42 | 11 | 12.12 | 11.07 |
| PBT | 18.77 | 0.7 | 19.89 | 50.5 | 14.74 | -50.25 | -3.28 | 52.87 | 26.6 | -17.54 | -15.21 | 12.74 | 11.96 |
| Tax % | 34.84% | -4.29% | 36.8% | 38.46% | 33.18% | -37.45% | 32.93% | 37.73% | 36.62% | -37.4% | -32.35% | -47.8% | 23.66% |
| Net Profit | 12.22 | 0.73 | 12.57 | 31.08 | 9.86 | -31.43 | -4.36 | 32.91 | 16.85 | -10.98 | -10.29 | 18.83 | 9.13 |
| EPS in Rs | 1.1 | 0.07 | 1.13 | 2.8 | 0.89 | -2.83 | -0.39 | 2.96 | 1.51 | -0.99 | -0.92 | 1.69 | 0.82 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 563 | 530 | 470 | 574 | 622 | 608 | 674 | 1,451 | 1,645 | 1,765 | 1,538 | 1,666 | 1,699 |
| Expenses | 473 | 466 | 440 | 523 | 617 | 498 | 559 | 1,387 | 1,639 | 1,635 | 1,493 | 1,614 | 1,661 |
| Operating Profit | 90 | 64 | 30 | 50 | 5 | 110 | 115 | 64 | 7 | 130 | 45 | 52 | 38 |
| OPM % | 16% | 12% | 6% | 9% | 0.8% | 18% | 17% | 4.4% | 0.4% | 7% | 2.9% | 3.1% | 2.3% |
| Other Income | 38 | 23 | 10 | 17 | 11 | -8 | 12 | 16 | 13 | 15 | 25 | 8 | 9 |
| Interest | 13 | 5 | 4 | 3 | 5 | 5 | 4 | 9 | 9 | 8 | 14 | 10 | 10 |
| Depreciation | 35 | 13 | 15 | 18 | 18 | 20 | 20 | 33 | 39 | 47 | 42 | 44 | 45 |
| PBT | 79 | 69 | 21 | 46 | -7 | 77 | 102 | 37 | -29 | 90 | 14 | 7 | -8 |
| Tax % | 15% | 36% | 34% | -34% | -27% | 27% | 29% | 38% | -24% | 37% | 50% | -119% | — |
| Net Profit | 68 | 44 | 14 | 62 | -5 | 57 | 72 | 23 | -22 | 57 | 7 | 14 | 7 |
| EPS in Rs | 13.21 | 6.33 | 2.01 | 9.03 | -0.71 | 8.13 | 10.35 | 3.29 | -3.12 | 5.1 | 0.63 | 1.3 | 0.6 |
| Div. Payout % | 0% | 14% | 50% | 11% | 0% | 22% | 17% | 0% | 0% | 39% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 51 | 60 | 69 | 69 | 69 | 70 | 70 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 178 | 205 | 291 | 346 | 339 | 381 | 453 | 794 | 771 | 817 | 836 | 850 |
| Borrowings | 19 | 19 | 17 | 17 | 32 | 31 | 22 | 104 | 66 | 85 | 136 | 107 |
| Other Liabilities | 156 | 129 | 174 | 142 | 157 | 182 | 181 | 388 | 409 | 558 | 520 | 519 |
| Total Liabilities | 404 | 413 | 552 | 574 | 597 | 664 | 726 | 1,396 | 1,357 | 1,571 | 1,603 | 1,588 |
| Fixed Assets | 178 | 201 | 317 | 334 | 349 | 351 | 345 | 813 | 831 | 872 | 932 | 909 |
| CWIP | 53 | 40 | 48 | 43 | 37 | 38 | 61 | 78 | 51 | 31 | 31 | 37 |
| Investments | 15 | 15 | 6 | 6 | 5 | 4 | 8 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 159 | 157 | 181 | 191 | 206 | 271 | 312 | 505 | 475 | 667 | 641 | 642 |
| Total Assets | 404 | 413 | 552 | 574 | 597 | 664 | 726 | 1,396 | 1,357 | 1,571 | 1,603 | 1,588 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 78 | 72 | 34 | 49 | 15 | 63 | 134 | -8 | 21 | 155 | 30 | 36 |
| Investing | 18 | -24 | -25 | -37 | -16 | -38 | -121 | -30 | 32 | -157 | -5 | 19 |
| Financing | -100 | -65 | -7 | -12 | 3 | -23 | -17 | 31 | -49 | 3 | 27 | -37 |
| Net Cash Flow | -4 | -16 | 2 | 0 | 2 | 1 | -4 | -7 | 5 | 1 | 52 | 18 |
| Free Cash Flow | 94 | 48 | 4 | 19 | -17 | 39 | 95 | -53 | -17 | 88 | -54 | 8 |
| CFO/OP | 109 | 140 | 146 | 116 | 370 | 70 | 130 | 4 | 378 | 125 | 91 | 81 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13 | 10 | 11 | 12 | 9 | 21 | 16 | 15 | 17 | 18 | 24 | 22 |
| Inventory Days | 748 | 305 | 848 | 690 | 703 | — | 524 | — | 451 | 575 | 615 | 264 |
| Days Payable | 441 | 174 | 737 | 640 | 569 | — | 346 | — | 269 | 448 | 492 | 214 |
| Cash Conversion Cycle | 320 | 142 | 122 | 62 | 143 | 21 | 194 | 15 | 200 | 146 | 147 | 72 |
| Working Capital Days | -23 | -35 | -46 | -32 | -42 | -27 | -38 | -29 | -23 | -30 | -36 | -29 |
| ROCE % | 23% | 24% | 8% | 12% | -1% | 21% | 21% | 6% | -2% | 12% | 2% | 2% |
Documents
1
Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015
24 Apr - Income tax appeal effect order for A.Y. 2017-18; no material impact on operations or finances. 24 Apr - Income tax appeal effect order for A.Y. 2017-18; no material impact on operations or finances.
2
Board Meeting Intimation for Board Meeting
23 Apr - Board meeting on 12 May 2026 to consider audited Q4 and FY2026 results; trading window opens 15 May 2026. 23 Apr - Board meeting on 12 May 2026 to consider audited Q4 and FY2026 results; trading window opens 15 May 2026.
3
Announcement under Regulation 30 (LODR)-Resignation of Director
23 Apr - Mr. Mahendra Nanjibhai Mehta resigned as Chairman Emeritus effective 23 April 2026 due to ageing and health issues. 23 Apr - Mr. Mahendra Nanjibhai Mehta resigned as Chairman Emeritus effective 23 April 2026 due to ageing and health issues.
4
Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015
8h - Income tax appeal effect order for A.Y. 2017-18; no material impact on operations or finances. 8h - Income tax appeal effect order for A.Y. 2017-18; no material impact on operations or finances.
5
Board Meeting Intimation for Board Meeting
8h - Board meeting on 12 May 2026 to consider audited Q4 and FY2026 results; trading window opens 15 May 2026. 8h - Board meeting on 12 May 2026 to consider audited Q4 and FY2026 results; trading window opens 15 May 2026.
Frequently Asked Questions about Saurashtra Cement Ltd
What does Saurashtra Cement Ltd do?
Incorporated in 1956, Saurashtra Cement is in the business of manufacturing and selling of Cement and Paints[1]
Where is Saurashtra Cement Ltd (SAURASHCEM) listed?
Saurashtra Cement Ltd is listed on the Indian stock exchanges. It is listed on NSE: SAURASHCEM and BSE: 502175. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Saurashtra Cement Ltd belong to?
Saurashtra Cement Ltd operates in the Commodities sector within the Cement & Cement Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Saurashtra Cement Ltd?
Saurashtra Cement Ltd has a market capitalisation of approximately ₹683.86 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Saurashtra Cement Ltd?
The Price-to-Earnings (PE) ratio of Saurashtra Cement Ltd is 100.57. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Saurashtra Cement Ltd?
Over the past 52 weeks, Saurashtra Cement Ltd has traded between a low of ₹47.65 and a high of ₹125.35. This range helps investors understand the stock's price volatility and recent trading levels.
Does Saurashtra Cement Ltd pay dividends?
Yes, Saurashtra Cement Ltd has a dividend yield of 3.26%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Saurashtra Cement Ltd?
Saurashtra Cement Ltd has a Return on Equity (ROE) of 0.74%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Saurashtra Cement Ltd on Tapetide?
On Tapetide, you can view Saurashtra Cement Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1956, Saurashtra Cement is in the business of manufacturing and selling of Cement and Paints[1]
Website mehtagroup.com
CEO Mr. Mohinderpal Singh Gilotra M.D.
Employees 809
Listed 2024-02-27
Face Value ₹ 10
Issued Size 11,12,53,157