# Saurashtra Cement share price today (Saurashtra Cement Ltd, NSE: SAURASHCEM)

> Saurashtra Cement share price today: ₹47.33 at the NSE close on 3 November 2026, down 53.2% in a year. Saurashtra Cement (NSE: SAURASHCEM) is worth ₹527 crore, trades at a P/E of 32.9 and has closed between ₹45.26 and ₹97.90 over the past 52 weeks. > Saurashtra Cement Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SAURASHCEM · Cement · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/saurashtra-cement-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹47.33 (−53.2% in a year)
- P/E: 32.9× (higher than 75% of the last 11 years)
- Revenue (Jun 2026): ₹457 Cr (+7.8% on a year ago)
- Profit (Jun 2026): ₹9.1 Cr (−45.8% on a year ago)
- Operating margin: 4.5% (−3.7 points on a year ago)
- ROCE: 3%, FY26
- ROIC: −0.7%, against a 12.0% cost of capital: −12.7 points

The main question: yearly earnings per share moved +106.3% while the share price moved −53.2%. ## What is the Saurashtra Cement share price today? Saurashtra Cement Ltd's share price was ₹47.33 at the close on 3 November 2026. It has been falling for 49 weeks. That is 24.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹45 and ₹98, and at that close it sat 4% 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 6 weeks running. Over the last 11 years the share price moved +18% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 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 Saurashtra Cement this quarter? 7 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 0.2% to 0% of the company by the September 2026 quarter. 2. Operating margin down 3.7 points on a year earlier 4.5% in the June 2026 quarter, from 8.2%. ## What are Saurashtra Cement's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Saurashtra Cement reported revenue of ₹457 crore, up 7.8% from ₹424 crore a year earlier, and a profit of ₹9.13 crore, down 45.8% from ₹16.9 crore. ### Saurashtra Cement results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹457 crore | ₹424 crore | +7.8% |
| Profit | ₹9.13 crore | ₹16.9 crore | −45.8% |
| Earnings per share | ₹0.82 | ₹1.51 | −45.7% |
| Operating margin | 4.5% | 8.2% | −3.7 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Saurashtra Cement share price history? Saurashtra Cement closed at ₹47.33 on 3 November 2026, down 53.2% from ₹101.05 a year earlier (31 October 2025) and down 36.9% over five years. Its highest weekly close since February 2016 was ₹140.70 on 26 July 2024. ### Saurashtra Cement share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹45.26 | +4.6% |
| 1 month ago · 1 Oct 2026 | ₹53.31 | −11.2% |
| 6 months ago · 30 Apr 2026 | ₹60.65 | −22.0% |
| 1 year ago · 31 Oct 2025 | ₹101.05 | −53.2% |
| 3 years ago · 3 Nov 2023 | ₹83.52 | −43.3% |
| 5 years ago · 4 Nov 2021 | ₹75.00 | −36.9% |
| 10 years ago · 4 Nov 2016 | ₹68.70 | −31.1% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹40.15 | +17.9% |
| Highest weekly close since February 2016 · 26 Jul 2024 | ₹140.70 | −66.4% |
| Lowest weekly close since February 2016 · 3 Apr 2020 | ₹26.65 | +77.6% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹97.90 | −51.7% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹45.26 | +4.6% |

Weekly closing prices. 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. (564 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Saurashtra Cement? 3 Nov 2026: Saurashtra Cement closed at ₹47.33, up 4.6% on the week and down 11.2% on the month. Results for April to June 2026: Revenue up 7.8% and profit down 45.8% on a year earlier. ## What dividend does Saurashtra Cement pay? Saurashtra Cement paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 14 August 2024. ### Saurashtra Cement dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 14 Aug 2024 | ₹1 | 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. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Saurashtra Cement Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 6 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.)

## Which stock lists is Saurashtra Cement on? Saurashtra Cement is on 2 of our India lists: 52 week high & low and Penny stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): -52](https://www.sectoralpha.in/penny-stocks-india)

## Is Saurashtra Cement profitable? Saurashtra Cement Ltd earned ₹9.1 Cr of net profit in the Jun 2026 quarter, −45.8% on the same quarter a year earlier. Full-year FY26 profit was ₹14.0 Cr. Over 10 years profit has grown −10.8% a year on average. That is 2.0% of the quarter's revenue. The same quarter a year earlier earned ₹16.9 Cr. 4 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹14.0 Cr (+100.0% on the year before). ## How much revenue does Saurashtra Cement make, and is it growing? Saurashtra Cement Ltd reported ₹457 Cr of revenue in the Jun 2026 quarter, +7.8% on the same quarter a year earlier. Over 10 years it has grown 12.1% a year on average. The last full year, FY26, came in at ₹1,666 Cr. The last four reported quarters add to ₹1,699 Cr. FY26 revenue was ₹1,666 Cr, +8.3% on the year before. Recent pace: the last four quarters grew +10.0% on average, against 12.1% 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 +7.9%, against −0.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −52.1%, against −64.9% a year (accelerating). ## How much of every ₹100 of sales does Saurashtra Cement keep? Saurashtra Cement Ltd's operating margin was 4.5% in the Jun 2026 quarter, 3.7 percentage points lower than the same quarter a year ago. Across 13 years it has been between 0.4% and 18.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.7 percentage points on the year while gross margin changed −5.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Saurashtra Cement's profit turning into cash? Over the last 3 years, 283% of Saurashtra Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹36.0 Cr of operating cash against ₹14.0 Cr of profit. After ₹26.0 Cr of spending on assets, ₹10.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 283% of profit came in as cash: the cash cycle got 96 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Saurashtra Cement's cash go? Saurashtra Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 98 days in FY26, down from 194 days in FY21. It spent ₹196 Cr on assets over the last 3 years. Customers take 22 days to pay, and stock sits for 402 days on average. At FY26 sales of ₹1,666 Cr, each day of that cycle ties up about ₹4.6 Cr, so roughly ₹447 Cr is tied up in the business at any time. FY26: customers took 22 days to pay and stock sat for 402 days, about 13.2 months of sales sitting as stock, for a full cycle of 98 days, shorter than FY21's 194. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 402 days. Customers pay about 22 days after that. Suppliers are paid at 327 days. Together that makes the 98-day cycle. Spending on assets: ₹196 Cr over the last 3 years, against ₹133 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹37.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Saurashtra Cement's P/E ratio, and how does it compare with its own history? Saurashtra Cement Ltd's P/E is 32.9×, near the high end of its own history: higher than 75% of past readings. Its usual P/E (the middle reading) is 13.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +106.3% while the price moved −53.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −8.8% a year; about −29.5% a year came from earnings growth and about +20.7 percentage points from the multiple (the market paying more); over 10 years the price moved −3.7% a year; about −12.3% a year came from earnings growth and about +8.6 percentage points from the multiple (the market paying more). 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. ## Is the Saurashtra Cement business getting better or worse? Saurashtra Cement Ltd's business is turning around. Profit growth has swung from −87.0% at its low to −52.1%, rising from a low 5 quarters ago, with ROCE steady at 0.2%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Saurashtra Cement earn on its capital? Saurashtra Cement Ltd earned a ROCE of 3% in FY26. That is up from a low of −2% in FY23. Its return on capital used (ROIC) is 12.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 0.8% net margin and 1.05× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 0.8% net margin × 1.05× asset turnover × 1.65× leverage (assets divided by equity) ≈ 1.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −0.7% − 12.0% = −12.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −0.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 1.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Saurashtra Cement have too much debt? Saurashtra Cement Ltd has total debt of ₹107 Cr against shareholder equity of ₹962 Cr as of Jun 2026, so its debt is 0.11× its equity, which is very little. Year by year, that ratio went from 0.04 in FY21 to 0.11 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Saurashtra Cement shareholding pattern? No group of Saurashtra Cement Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved −0.2 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −0.2 points over 8 quarters, to 66.6%; Domestic institutions: −0.2 points over 8 quarters, to 0.1%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Saurashtra Cement from balance-sheet trouble? For Saurashtra Cement 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 Saurashtra Cement rank in its industry? 28.1 out of 100, rank 23 of 26 in Cement, with 79% of the evidence available. Saurashtra Cement Ltd scores 28.1 out of 100 against the 26 companies it is compared with in Cement, ranking 23. 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: 9.3 + 3.4 + 9.6 + 5.8 = 28.1. 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 Saurashtra Cement compared with? Saurashtra Cement ranks 23 of 26 Cement companies on the 4-Factor Sector Score, with 28.1 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](https://www.sectoralpha.in/stocks/sagar-cements-ltd) SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative
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 this page SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.3/35 · Revenue 7.9% · Profit -52.1% · Operating margin change -3.7 points · 88% evidence Capital efficiency 3.4/25 · ROCE 2.5% · Operating margin 4.5% · 100% evidence Valuation 9.6/20 · P/E 31.4× · PEG n/a · 15% evidence Relative strength 5.8/20 · Lead over its industry -15% · Lead over NIFTY 500 -25.8% · 1 year -54.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.3 + 3.4 + 9.6 + 5.8 = 28.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 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 Saurashtra Cement in size? Saurashtra Cement is the 25th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sagar Cements, Shree Digvijay Cement Co., NCL Industries, Deccan Cements and BIGBLOC Construction. Just below it: Shiva Cement. ### Cement companies close in size

1. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) ₹1,608 crore
2. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) ₹750 crore
3. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) ₹715 crore
4. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) ₹654 crore
5. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) ₹511 crore
6. Saurashtra Cement Ltd ₹503 crore
7. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) ₹456 crore

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

### Companies close in size in other industries

1. [OnMobile Global Ltd](https://www.sectoralpha.in/stocks/onmobile-global-ltd) ₹504 crore · Telecom Services
2. [Prakash Pipes Ltd](https://www.sectoralpha.in/stocks/prakash-pipes-ltd) ₹504 crore · Plastics - Pipes & Fittings
3. Saurashtra Cement Ltd ₹503 crore
4. [Anlon Technology Solutions Ltd](https://www.sectoralpha.in/stocks/anlon-technology-solutions-ltd) ₹499 crore · Miscellaneous
5. [Davangere Sugar Company Ltd](https://www.sectoralpha.in/stocks/davangere-sugar-company-ltd) ₹499 crore · Sugar

## What else do people ask about Saurashtra Cement? ### What is Saurashtra Cement's share price today? Saurashtra Cement Ltd's share price is ₹47.33, −53.2% over the past year. The whole company is worth ₹527 Cr on the market. In the last 52 weeks it traded between ₹45 to ₹98; today it is 4% of the way up from the low, 24.3% below its 200-day average (as of 3 November 2026). ### What were Saurashtra Cement's latest quarterly results? Saurashtra Cement Ltd reported revenue of ₹457 Cr and net profit of ₹9.1 Cr for the Jun 2026 quarter. Revenue rose 7.8% and profit fell 45.8% compared with a year earlier. Earnings per share were ₹0.82. The operating margin was 4.5%, 3.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is Saurashtra Cement's market cap? Saurashtra Cement Ltd's market capitalisation is ₹527 Cr at a share price of ₹47.33. 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 Saurashtra Cement performing? Saurashtra Cement Ltd's share price has been falling for 49 weeks. In its latest quarter, revenue rose 7.8% and profit fell 45.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 6 weeks running (as of 3 November 2026). ### Will Saurashtra Cement's share price go up? This page does not forecast Saurashtra Cement Ltd's share price. What it shows instead: the share price is ₹47.33, and it has been falling for 49 weeks. Its P/E of 32.9× is higher than 75% of its own last 11 years (as of 3 November 2026). ### Who owns Saurashtra Cement? Promoters own 66.6% of Saurashtra Cement Ltd, foreign institutions 0.0%, domestic institutions 0.1% and the public 33.2% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Saurashtra Cement have too much debt? No, Saurashtra Cement Ltd has little debt: its debt is 0.11× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹107 Cr against equity of ₹961 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Saurashtra Cement in its business cycle? Saurashtra Cement Ltd's FY26 operating margin was 3.2%, against a 13-year range of 0.4% to 18.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 4.5%. 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 Saurashtra Cement story? The main question: yearly earnings per share moved +106.3% while the share price moved −53.2%. 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 Saurashtra Cement a stock worth studying right now? What the numbers show: Saurashtra Cement 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: whether the price catches up with earnings that have already grown. 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). ## Lists

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

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