Shree Cement share price today

Shree Cement Ltd's share price was ₹24,175.00 at the close on 4 November 2026. It has been falling for 50 weeks. That is 2.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹21,900 and ₹27,840, and at that close it sat 38% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Shree Cement Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +115% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. 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.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 4 quarters in a row, revenue up on a year earlier for 7 quarters in a row and lowest operating margin in 8 quarters.

1. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 14.4% to 16.5% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 7 quarters in a row

   In the September 2026 quarter revenue was ₹5,897 crore, +23.9% on a year earlier.

   Why: Revenue rose because the company sold more cement and got slightly higher prices. India volume grew 18% from a year earlier, total company volume grew 14%, and price per ton rose 1%.

   Next results: check if premium products keep growing their share and if October price rises lift what the company gets per ton without slowing regular trade sales.

   From the earnings call on 23 Oct 2026.

3. Lowest operating margin in 8 quarters

   Operating margin was 17% in the September 2026 quarter, against 20% a year earlier.

   Why: Margin fell because fuel cost rose. Landed fuel cost was Rs 2.1 per kcal against Rs 1.7 a year earlier, and management blamed higher fuel costs for lower profit per ton.

   Next results: check whether fuel cost stays around the level management gave for the second half and whether profit per ton stops falling.

   From the earnings call on 23 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Shree Cement reported revenue of ₹5,897 crore, up 23.9% from ₹4,761 crore a year earlier, and a profit of ₹263 crore, down 15.2% from ₹310 crore.

Shree Cement results: July to September 2026 against a year earlier

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).

Shree Cement's management discussed these results on a call held on 23 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Shree Cement closed at ₹24,175.00 on 4 November 2026, down 11.7% from ₹27,375.00 a year earlier (7 November 2025) and down 16.8% over five years. Its highest weekly close since March 2016 was ₹31,748.75 on 9 April 2021.

Shree Cement share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Shree Cement closed at ₹24,175.00, up 5.1% on the week and up 10.4% on the month. 23 Oct 2026: Shree Cement held its results call for July to September 2026. Management guided: FY27 India sales volume 40-41 million tons; UAE sales 4-5 million tons, with the new mill at 15-20% first-year utilization, 1-2 percentage-point margin premium and 2-3 years to maximum sales.

Earlier

• Results for July to September 2026: Revenue up 23.9% and profit down 15.2% on a year earlier.
• 17 Jul 2026: ex-date for a dividend of ₹70 a share.

Shree Cement paid ₹70 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.29% at the ₹24,175.00 close on 4 November 2026. The last was a dividend of ₹70 a share, ex-date 17 July 2026.

Shree Cement dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Shree Cement Ltd paid out 31% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 23 October 2026, Shree Cement's management guided: FY27 India sales volume 40-41 million tons; UAE sales 4-5 million tons, with the new mill at 15-20% first-year utilization, 1-2 percentage-point margin premium and 2-3 years to maximum sales.

“As I speak, we have a commitment to all of you to reach 80 million tons very soon, and we are working to reach that level.”Neeraj Akhoury, MD, on the call for July to September 2026

What management guided

• Q3-Q4 landed fuel cost around ₹2.2 per kcal; Q3 total costs expected near Q2, and the inventory-related amount around ₹60-70 crore by year-end.
• FY27 H2 capital expenditure expected at ₹700-800 crore.
• FY27 tax rate of 31-32% under the old tax regime.
• Short-term organic capacity goal of 80 million tons; Meghalaya commissioning expected in the quarter ending March 31, 2028; new plants take about 3 years to full utilization.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 23 October 2026.

When Shree Cement reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Fuel costs at the stated Q3-Q4 level; check whether per-ton profitability stabilizes.

Shree Cement is on one of our India lists: Small & mid cap stocks.

Shree Cement Ltd earned ₹263 Cr of net profit in the Sep 2026 quarter, −15.2% on the same quarter a year earlier. Full-year FY26 profit was ₹1,749 Cr. Over 10 years profit has grown 4.3% a year on average. That is 4.5% of the quarter's revenue. The same quarter a year earlier earned ₹310 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹1,749 Cr (+55.6% on the year before).

Why profit moved: revenue changed +23.9% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −0.7% and revenue +14.3%. Profit is growing slower than sales: rising costs are taking part of the growth.

Shree Cement Ltd reported ₹5,897 Cr of revenue in the Sep 2026 quarter, +23.9% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 14.3% a year on average. The last full year, FY26, came in at ₹20,943 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹23,032 Cr.

FY26 revenue was ₹20,943 Cr, +8.6% on the year before.

Recent pace: the last four quarters grew +14.3% on average, against 14.3% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.3%, against +7.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −7.7%, against −4.2% a year (rolling over).

Shree Cement Ltd's operating margin was 17.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 17.0% and 30.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −6.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 229% of Shree Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹3,794 Cr of operating cash against ₹1,749 Cr of profit. After ₹2,356 Cr of spending on assets, ₹1,438 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 229% of profit came in as cash: the cash cycle got 75 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.

Shree Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 227 days in FY26, down from 302 days in FY21. It spent ₹10,093 Cr on assets over the last 3 years. Customers take 32 days to pay, and stock sits for 469 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹20,943 Cr, each day of that cycle ties up about ₹57.4 Cr, so roughly ₹13,025 Cr is tied up in the business at any time.

FY26: customers took 32 days to pay and stock sat for 469 days, about 15.4 months of sales sitting as stock, for a full cycle of 227 days, shorter than FY21's 302.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 469 days. Customers pay about 32 days after that. Suppliers are paid at 274 days. Together that makes the 227-day cycle.

Spending on assets: ₹10,093 Cr over the last 3 years, against ₹7,698 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 ₹1,466 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.

Shree Cement Ltd's P/E is 55.1×, near the high end of its own history: higher than 73% of past readings. Its usual P/E (the middle reading) is 50.1×, 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.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.