# Sagar Cements share price today (Sagar Cements Ltd, NSE: SAGCEM)

> Sagar Cements share price today: ₹130.42 at the NSE close on 3 November 2026, down 42.0% in a year. Sagar Cements (NSE: SAGCEM) is worth ₹1,705 crore, trades at a P/E of 127.5 and has closed between ₹122.30 and ₹223.35 over the past 52 weeks. > Sagar Cements Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SAGCEM · Cement · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sagar-cements-ltd

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## Key numbers

- Price: ₹130.42 (−42.0% in a year)
- P/E: 127.5× (higher than 79% of the last 7.7 years)
- Revenue (Sep 2026): ₹705 Cr (+17.1% on a year ago)
- Profit (Sep 2026): −₹52.0 Cr
- Operating margin: 6.0% (−3.0 points on a year ago)
- ROCE: 2%, FY26

Biggest thing to watch: the P/E is higher than 79% of its own history, so the multiple has already done part of the work. ## What is the Sagar Cements share price today? Sagar Cements Ltd's share price was ₹130.42 at the close on 3 November 2026. It has been falling for 48 weeks. That is 24.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹122 and ₹223, and at that close it sat 8% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 23 weeks running. Over the last 11 years the share price moved +72% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sagar Cements this quarter? Two changes stood out: revenue up on a year earlier for 6 quarters in a row and operating margin down 3 points on a year earlier. 1. Revenue up on a year earlier for 6 quarters in a row In the September 2026 quarter revenue was ₹705 crore, +17.1% on a year earlier. 2. Operating margin down 3 points on a year earlier 6% in the September 2026 quarter, from 9%. ## What are Sagar Cements' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Sagar Cements reported revenue of ₹705 crore, up 17.1% from ₹602 crore a year earlier, and a loss of ₹52.0 crore. ### Sagar Cements results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹705 crore | ₹602 crore | +17.1% |
| Profit | loss of ₹52.0 crore | loss of ₹44.0 crore | n/a |
| Earnings per share | ₹−3.35 | ₹−3.24 | n/a |
| Operating margin | 6.0% | 9.0% | −3.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 28 July 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Sagar Cements share price history? Sagar Cements closed at ₹130.42 on 3 November 2026, down 42.0% from ₹224.96 a year earlier (31 October 2025) and down 52.7% over five years. Its highest weekly close since March 2016 was ₹302.81 on 6 August 2021. ### Sagar Cements share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹126.00 | +3.5% |
| 1 month ago · 1 Oct 2026 | ₹150.40 | −13.3% |
| 6 months ago · 30 Apr 2026 | ₹180.23 | −27.6% |
| 1 year ago · 31 Oct 2025 | ₹224.96 | −42.0% |
| 3 years ago · 3 Nov 2023 | ₹245.50 | −46.9% |
| 5 years ago · 4 Nov 2021 | ₹275.60 | −52.7% |
| 10 years ago · 4 Nov 2016 | ₹141.00 | −7.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹75.92 | +71.8% |
| Highest weekly close since March 2016 · 6 Aug 2021 | ₹302.81 | −56.9% |
| Lowest weekly close since March 2016 · 29 May 2020 | ₹55.15 | +136.5% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹223.35 | −41.6% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹122.30 | +6.6% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Sagar Cements? 3 Nov 2026: Sagar Cements closed at ₹130.42, up 3.5% on the week and down 13.3% on the month. Results for July to September 2026: Revenue up 17.1% on a year earlier. ### Earlier

- 28 Jul 2026: Sagar Cements held its results call for April to June 2026. Management guided: FY27 cement sales volume of approximately 7 million tons, excluding clinker sales. ## What dividend does Sagar Cements pay? Sagar Cements paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹0.70 a share, ex-date 19 June 2024. ### Sagar Cements dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 19 Jun 2024 | ₹0.70 | Dividend |
| 20 Jun 2023 | ₹0.70 | Dividend |
| 22 Jun 2022 | ₹0.70 | Dividend |
| 16 Jul 2021 | ₹2.50 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Sagar Cements Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 9 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Sagar Cements management say on the latest results call? On the call for April to June 2026, held on 28 July 2026, Sagar Cements' management guided: FY27 cement sales volume of approximately 7 million tons, excluding clinker sales. > “What we indicated and remain committed to is around Rs 500-550 EBITDA per ton. I think it is doable because we expect prices to remain stable.”
> Srikanth Reddy, Joint Managing Director, on the call for April to June 2026

### What management guided

- FY28 volume growth expected at a similar double-digit percentage to FY27. - FY27 operating profit per ton of ₹500-550. - Q2 fuel, raw material and miscellaneous costs expected to rise ₹100 per ton, split between ₹50 power and fuel and ₹50 other costs; maintenance and inventory costs will also be higher. - Input cost pressure expected to gradually ease as geopolitical conditions normalize. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/452/Conference Call/CC-Jul26.pdf). (From the call for April to June 2026, 28 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Sagar Cements' next results? When Sagar Cements reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q2 cement volumes should remain broadly intact despite Mattampally and Jeerabad shutdowns; track the trajectory against the FY27 goal of 7 million tons. - What to check (from the call)
- Q2 cement volumes should remain broadly intact despite Mattampally and Jeerabad shutdowns; track the trajectory against the FY27 goal of 7 million tons. - Q2 maintenance, inventory and cost inflation should pressure per-ton profitability, while management expects the full-year ₹500-550 operating profit per ton range to remain achievable. - Track commissioning of the Andhra Cements expansion and new mill, plus early evidence that utilization is moving toward the 60.0% goal. - Monitor the government GO and customer execution for Vizag land monetization, including the planned ₹150 crore current-year proceeds. ## Which stock lists is Sagar Cements on? Sagar Cements is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is Sagar Cements profitable? Sagar Cements Ltd posted a net loss of ₹52.0 Cr in the Sep 2026 quarter. The full FY26 year was a loss of ₹1.0 Cr. That loss is 7.4% of the quarter's revenue. The same quarter a year earlier lost ₹44.0 Cr. 9 of the last 12 reported quarters were loss-making. ## How much revenue does Sagar Cements make, and is it growing? Sagar Cements Ltd reported ₹705 Cr of revenue in the Sep 2026 quarter, +17.1% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown 13.4% a year on average. The last full year, FY26, came in at ₹2,650 Cr. The last four reported quarters add to ₹2,789 Cr. FY26 revenue was ₹2,650 Cr, +17.4% on the year before. Recent pace: the last four quarters grew +11.7% on average, against 13.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +11.8%, against +7.5% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Sagar Cements keep? Sagar Cements Ltd's operating margin was 6.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 6.0% and 29.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.1 percentage points on the year while gross margin changed +0.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Sagar Cements' profit turning into cash? Over the last 3 years, 253% of Sagar Cements Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹216 Cr of operating cash against −₹1.0 Cr of profit. After ₹353 Cr of spending on assets, free cash was −₹137 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 253% of profit came in as cash: the cash cycle got 140 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building. ## Where does Sagar Cements' cash go? Sagar Cements Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 7 days in FY26, up from −133 days in FY21. It spent ₹1,138 Cr on assets over the last 3 years. Customers take 31 days to pay, and stock sits for 227 days on average. At FY26 sales of ₹2,650 Cr, each day of that cycle ties up about ₹7.3 Cr, so roughly ₹51.0 Cr is tied up in the business at any time. FY26: customers took 31 days to pay and stock sat for 227 days, about 7.5 months of sales sitting as stock, for a full cycle of 7 days, longer than FY21's −133. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 227 days. Customers pay about 31 days after that. Suppliers are paid at 251 days. Together that makes the 7-day cycle. Spending on assets: ₹1,138 Cr over the last 3 years, against ₹685 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹116 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Sagar Cements' P/E ratio, and how does it compare with its own history? Sagar Cements Ltd's P/E is 127.5×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 34.4×, over 7.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Where the price move came from: over 5 years the price moved −13.9% a year; about +5.2% a year came from earnings growth and about −19.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 75% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Sagar Cements business getting better or worse? Sagar Cements Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Sagar Cements earn on its capital? Sagar Cements Ltd earned a ROCE of 2% in FY26. That is up from a low of −2% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 0.0% net margin and 0.59× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 0.0% net margin × 0.59× asset turnover × 2.64× leverage (assets divided by equity) ≈ 0.0% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 75% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Sagar Cements have too much debt? Sagar Cements Ltd had ₹1,708 Cr of borrowings against ₹1,693 Cr of equity in FY26, so its debt is 1.01× its equity. Its operating profit is 2 times its interest bill. Over 5 years borrowings went from ₹809 Cr to ₹1,708 Cr. Over the last 3 of those years it spent ₹1,138 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 75% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Sagar Cements shareholding pattern? Foreign institutions cut their stake in Sagar Cements Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 1.6% of the company. Domestic institutions moved +0.5 points over the same period, to 18.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −1.0 points over 8 quarters, to 1.6%; Domestic institutions: +0.5 points over 8 quarters, to 18.1%; Promoters: +0.0 points over 8 quarters, to 48.3%. Why the owners changed: foreign institutions drove it (−1.0 points), with the other side taken by domestic institutions (+0.5 points). They reduced their stake. ## How far is Sagar Cements from balance-sheet trouble? For Sagar Cements Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sagar Cements rank in its industry? 34.7 out of 100, rank 21 of 26 in Cement, with 64% of the evidence available. Sagar Cements Ltd scores 34.7 out of 100 against the 26 companies it is compared with in Cement, ranking 21. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.9 + 4.4 + 10 + 0.4 = 34.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sagar Cements compared with? Sagar Cements ranks 21 of 26 Cement companies on the 4-Factor Sector Score, with 34.7 out of 100. 1. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) NCLIND · quiet · Most evidence points up · 96% evidence 72.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 3.7% · Profit 100% · Operating margin change -3 points · 88% evidence Capital efficiency 18.5/25 · ROCE 14.6% · Operating margin 12% · 100% evidence Valuation 20.0/20 · P/E 5.8× · PEG 0.14 · 100% evidence Relative strength 12.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 -9.2% · 1 year -19.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 18.5 + 20 + 12.7 = 72.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Star Cement Ltd](https://www.sectoralpha.in/stocks/star-cement-ltd) STARCEMENT · basing · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 14.5% · Profit 55.1% · Operating margin change -4 points · 88% evidence Capital efficiency 22.5/25 · ROCE 16.6% · Operating margin 21% · 100% evidence Valuation 11.9/20 · P/E 18.3× · PEG 1.12 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -33.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 22.5 + 11.9 + 9.5 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) RAIN · losing its lead · Evidence leans up · 71% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 17% · Profit 100% · Operating margin change 5 points · 83% evidence Capital efficiency 10.8/25 · ROCE 8.3% · Operating margin 19% · 76% evidence Valuation 11.0/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 39.3% · Lead over NIFTY 500 23.4% · 1 year 45.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.3 + 10.8 + 11 + 14 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [UltraTech Cement Ltd](https://www.sectoralpha.in/stocks/ultratech-cement-ltd) ULTRACEMCO · turning · Evidence leans up · 67% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 16.9% · Profit 21.1% · Operating margin change 0 points · 95% evidence Capital efficiency 16.9/25 · ROCE 12.7% · Operating margin 16% · 76% evidence Valuation 10.1/20 · P/E 36.6× · PEG n/a · 50% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -7.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24 + 16.9 + 10.1 + 11.2 = 62.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) JSWCEMENT · basing · Evidence leans up · 60% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 19.3% · Profit 100% · Operating margin change -4 points · 95% evidence Capital efficiency 12.3/25 · ROCE 11.1% · Operating margin 15% · 76% evidence Valuation 10.4/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.6% · 1 year -15.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.3 + 10.4 + 10.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) BIRLACORPN · basing · Evidence leans up · 85% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 3.3% · Profit 0.6% · Operating margin change -5 points · 100% evidence Capital efficiency 12.5/25 · ROCE 9.8% · Operating margin 9% · 100% evidence Valuation 18.6/20 · P/E 11.9× · PEG 0.33 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year -34.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 12.5 + 18.6 + 9.4 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shree Cement Ltd](https://www.sectoralpha.in/stocks/shree-cement-ltd) SHREECEM · basing · Evidence leans up · 100% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 14.3% · Profit -7.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.4/25 · ROCE 10.3% · Operating margin 17% · 100% evidence Valuation 5.4/20 · P/E 52.4× · PEG 3.8 · 100% evidence Relative strength 15.8/20 · Lead over its industry 9.7% · Lead over NIFTY 500 -3.8% · 1 year -18.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 14.4 + 5.4 + 15.8 = 51.8 · What this means: Relative strength against the index is -3.8%, and revenue and profit growth are weak. 8. [Mangalam Cement Ltd](https://www.sectoralpha.in/stocks/mangalam-cement-ltd) MANGLMCEM · losing its lead · Evidence leans up · 96% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 90% · Operating margin change -5 points · 88% evidence Capital efficiency 10.3/25 · ROCE 11% · Operating margin 12% · 100% evidence Valuation 13.9/20 · P/E 18.6× · PEG 0.68 · 100% evidence Relative strength 14.2/20 · Lead over its industry 19.2% · Lead over NIFTY 500 5.3% · 1 year 13% · 100% evidence · 7 of 12 weeks ahead Exact sum: 13.1 + 10.3 + 13.9 + 14.2 = 51.5 · What this means: Relative strength against the index is 5.3%, and revenue and profit growth are weak. 9. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) JKLAKSHMI · quiet · Too little evidence to rank firmly · 56% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.7% · Profit 0.5% · Operating margin change -4 points · 83% evidence Capital efficiency 14.4/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 10.8/20 · P/E 14.7× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.9% · 1 year -47.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 14.4 + 10.8 + 8.2 = 49.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) NUVOCO · losing its lead · Evidence leans down · 78% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 10.6% · Profit 51.5% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 7% · Operating margin 15% · 100% evidence Valuation 4.9/20 · P/E 25.8× · PEG 8.14 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.5% · 1 year -22.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 21.4 + 11.2 + 4.9 + 11.6 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ORIENTCEM · basing · Evidence leans down · 93% evidence 48.2 out of 100 Growth Capital Valuation Relative
12. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) INDIACEM · basing · Evidence leans down · 75% evidence 47.5 out of 100 Growth Capital Valuation Relative
13. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) JKCEMENT · quiet · Evidence leans down · 85% evidence 47.3 out of 100 Growth Capital Valuation Relative
14. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) KCP · basing · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative
15. [The Ramco Cements Ltd](https://www.sectoralpha.in/stocks/the-ramco-cements-ltd) RAMCOCEM · quiet · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative
16. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) DALBHARAT · quiet · Evidence leans down · 85% evidence 42.2 out of 100 Growth Capital Valuation Relative
17. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) HEIDELBERG · quiet · Evidence leans down · 100% evidence 41.7 out of 100 Growth Capital Valuation Relative
18. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ACC · quiet · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative
19. [Ambuja Cements Ltd](https://www.sectoralpha.in/stocks/ambuja-cements-ltd) AMBUJACEM · basing · Evidence leans down · 82% evidence 35.7 out of 100 Growth Capital Valuation Relative
20. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) BIGBLOC · basing · Evidence leans down · 64% evidence 35.2 out of 100 Growth Capital Valuation Relative
21. Sagar Cements Ltd this page SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/35 · Revenue 11.8% · Profit 73.2% · Operating margin change -3 points · 71% evidence Capital efficiency 4.4/25 · ROCE 2% · Operating margin 6% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.4/20 · Lead over its industry -18.4% · Lead over NIFTY 500 -28.6% · 1 year -45.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.9 + 4.4 + 10 + 0.4 = 34.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 22. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) DECCANCE · quiet · Most evidence points down · 89% evidence 34.0 out of 100 Growth Capital Valuation Relative
23. [Saurashtra Cement Ltd](https://www.sectoralpha.in/stocks/saurashtra-cement-ltd) SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative
24. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) SHREDIGCEM · quiet · Most evidence points down · 72% evidence 27.2 out of 100 Growth Capital Valuation Relative
25. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) SHIVACEM · Too little evidence to rank firmly · 48% evidence 51.0 out of 100 Growth Capital Valuation Relative
26. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) PRSMJOHNSN · basing · Too little evidence to rank firmly · 49% evidence 44.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement](https://www.sectoralpha.in/sectors/cement), all 26 compared on one page. ## Which companies are close to Sagar Cements in size? Sagar Cements is the 20th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Mangalam Cement, Orient Cement and K C P. Just below it: Shree Digvijay Cement Co., NCL Industries and Deccan Cements. ### Cement companies close in size

1. [Mangalam Cement Ltd](https://www.sectoralpha.in/stocks/mangalam-cement-ltd) ₹2,413 crore
2. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ₹2,316 crore
3. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) ₹1,865 crore
4. Sagar Cements Ltd ₹1,608 crore
5. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) ₹750 crore
6. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) ₹715 crore
7. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) ₹654 crore

[All 26 Cement companies, largest first](https://www.sectoralpha.in/sectors/cement#all-companies)

### Companies close in size in other industries

1. [RACL Geartech Ltd](https://www.sectoralpha.in/stocks/racl-geartech-ltd) ₹1,612 crore · Auto Ancillaries - Gears
2. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) ₹1,609 crore · Sugar
3. Sagar Cements Ltd ₹1,608 crore
4. [Hathway Cable & Datacom Ltd](https://www.sectoralpha.in/stocks/hathway-cable-datacom-ltd) ₹1,602 crore · Entertainment & Media
5. [Advit Jewels Ltd](https://www.sectoralpha.in/stocks/advit-jewels-ltd) ₹1,596 crore · Diamond, Gems & Jewellery

## What else do people ask about Sagar Cements? ### What is Sagar Cements's share price today? Sagar Cements Ltd's share price is ₹130.42, −42.0% over the past year. The whole company is worth ₹1,705 Cr on the market. In the last 52 weeks it traded between ₹122 to ₹223; today it is 8% of the way up from the low, 24.5% below its 200-day average (as of 3 November 2026). ### What were Sagar Cements's latest quarterly results? Sagar Cements Ltd reported revenue of ₹705 Cr and a net loss of ₹52.0 Cr for the Sep 2026 quarter. Earnings per share were −₹3.35. The operating margin was 6.0%, 3.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Sagar Cements's market cap? Sagar Cements Ltd's market capitalisation is ₹1,705 Cr at a share price of ₹130.42. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sagar Cements performing? Sagar Cements Ltd's share price has been falling for 48 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 23 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Sagar Cements's share price go up? This page does not forecast Sagar Cements Ltd's share price. What it shows instead: the share price is ₹130.42, and it has been falling for 48 weeks. Its P/E of 127.5× is higher than 79% of its own last 8 years (as of 3 November 2026). ### Who owns Sagar Cements? Promoters own 48.3% of Sagar Cements Ltd, foreign institutions 1.6%, domestic institutions 18.1% and the public 32.0% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.0 percentage points over 8 quarters (as of 3 November 2026). ### Is Sagar Cements's profit real cash? Yes, over the last 3 years, 253% of Sagar Cements Ltd's reported profit came in as cash from operations. The latest year was lower at -21600%, so the trend is worth watching. In FY26, operating cash was ₹216 Cr against reported profit of −₹1.0 Cr. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Sagar Cements in its business cycle? Sagar Cements Ltd's FY26 operating margin was 11.0%, against a 13-year range of 6.0% to 29.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 6.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sagar Cements story? Biggest thing to watch: the P/E is higher than 79% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sagar Cements a stock worth studying right now? What the numbers show: Sagar Cements Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Sagar Cements share price forecast for 2026? What management itself guided: FY27 cement sales volume of approximately 7 million tons, excluding clinker sales. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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