Saurashtra Cement Ltd
Incorporated in 1956, Saurashtra Cement is in the business of manufacturing and selling of Cement and Paints[1]
- Market Cap ₹ 1,177 Cr.
- Current Price ₹ 106
- High / Low ₹ 135 / 73.5
- Stock P/E 141
- Book Value ₹ 85.2
- Dividend Yield 0.00 %
- ROCE 1.85 %
- ROE 0.23 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 1.85% over last 3 years.
- Earnings include an other income of Rs.26.2 Cr.
- Dividend payout has been low at 13.0% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -5.81%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Construction Materials Cement & Cement Products Cement & Cement Products
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
531 | 563 | 530 | 470 | 574 | 622 | 608 | 674 | 1,451 | 1,645 | 1,765 | 1,538 | 1,575 | |
471 | 473 | 466 | 440 | 523 | 617 | 498 | 559 | 1,387 | 1,639 | 1,635 | 1,493 | 1,520 | |
Operating Profit | 61 | 90 | 64 | 30 | 51 | 5 | 110 | 115 | 64 | 6 | 130 | 44 | 55 |
OPM % | 11% | 16% | 12% | 6% | 9% | 1% | 18% | 17% | 4% | 0% | 7% | 3% | 4% |
2 | 38 | 23 | 10 | 17 | 11 | -8 | 12 | 15 | 12 | 16 | 26 | 26 | |
Interest | 16 | 13 | 5 | 4 | 3 | 5 | 5 | 4 | 9 | 9 | 8 | 14 | 13 |
Depreciation | 26 | 35 | 13 | 15 | 18 | 18 | 20 | 20 | 33 | 39 | 47 | 42 | 43 |
Profit before tax | 21 | 79 | 69 | 21 | 46 | -7 | 77 | 103 | 36 | -29 | 90 | 14 | 26 |
Tax % | 0% | 15% | 36% | 34% | -34% | -28% | 27% | 29% | 40% | -24% | 37% | 50% | |
21 | 68 | 44 | 14 | 63 | -5 | 57 | 72 | 21 | -22 | 57 | 7 | 14 | |
EPS in Rs | 4.03 | 13.21 | 6.33 | 2.03 | 9.03 | -0.70 | 8.14 | 10.37 | 3.05 | -3.15 | 5.15 | 0.63 | 1.25 |
Dividend Payout % | 0% | 0% | 14% | 49% | 11% | 0% | 21% | 17% | 0% | 0% | 39% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 20% |
3 Years: | 2% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | -26% |
5 Years: | -50% |
3 Years: | -54% |
TTM: | -87% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 20% |
3 Years: | 19% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 51 | 51 | 60 | 69 | 69 | 69 | 70 | 70 | 57 | 57 | 111 | 111 |
Reserves | 112 | 180 | 207 | 292 | 347 | 340 | 383 | 454 | 847 | 825 | 817 | 836 |
126 | 19 | 19 | 17 | 17 | 32 | 31 | 22 | 104 | 66 | 85 | 136 | |
124 | 155 | 129 | 174 | 142 | 157 | 182 | 181 | 388 | 409 | 558 | 520 | |
Total Liabilities | 413 | 406 | 415 | 553 | 575 | 598 | 665 | 727 | 1,396 | 1,357 | 1,571 | 1,603 |
189 | 178 | 201 | 317 | 334 | 349 | 351 | 345 | 813 | 831 | 872 | 932 | |
CWIP | 59 | 53 | 40 | 48 | 43 | 37 | 38 | 61 | 78 | 51 | 31 | 31 |
Investments | 19 | 19 | 19 | 9 | 6 | 5 | 4 | 8 | 0 | 0 | 1 | 1 |
146 | 157 | 155 | 178 | 192 | 207 | 273 | 313 | 505 | 475 | 667 | 640 | |
Total Assets | 413 | 406 | 415 | 553 | 575 | 598 | 665 | 727 | 1,396 | 1,357 | 1,571 | 1,603 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 80 | 76 | 34 | 49 | 14 | 63 | 134 | -8 | 21 | 155 | 30 | |
-2 | 18 | -24 | -25 | -37 | -15 | -38 | -121 | -30 | 32 | -157 | -5 | |
-82 | -100 | -65 | -7 | -12 | 3 | -23 | -17 | 31 | -49 | 3 | 27 | |
Net Cash Flow | -1 | -2 | -12 | 2 | 0 | 2 | 1 | -4 | -7 | 5 | 1 | 52 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 11 | 13 | 10 | 11 | 12 | 9 | 21 | 16 | 15 | 17 | 18 | 24 |
Inventory Days | 260 | 748 | 305 | 848 | 690 | 703 | 495 | 451 | 575 | 615 | ||
Days Payable | 159 | 441 | 173 | 736 | 639 | 568 | 327 | 269 | 448 | 492 | ||
Cash Conversion Cycle | 112 | 320 | 142 | 123 | 63 | 144 | 21 | 184 | 15 | 200 | 146 | 147 |
Working Capital Days | -68 | -23 | -35 | -47 | -31 | -42 | -27 | -37 | -29 | -23 | -30 | -36 |
ROCE % | 13% | 23% | 24% | 8% | 12% | -1% | 21% | 21% | 6% | -2% | 12% | 2% |
Documents
Announcements
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Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015
1 Oct - Income-tax appellate order (30 Sep 2025) enhancing income by Rs.9,83,49,690; DDT credit Rs.1,11,34,286; appealable
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Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
26 Sep - Jay Mahendra Mehta designated Non-Executive Chairman effective 26 Sep 2025; ceases as Executive Chairman.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
26 Sep - Jay Mahendra Mehta redesignated from Executive Chairman to Non-Executive Chairman effective 26 Sep 2025; ceased being KMP.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
26 Sep - Jay Mahendra Mehta re-designated Executive Chairman to Non-Executive Chairman effective 26 September 2025; ceases executive responsibilities.
- Closure of Trading Window 23 Sep
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
SCL is a part of the Mehta Group. It is an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified manufacturer of Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC 53 grade), Portland Slag Cement (PSC) types of cement and clinker under the brand name
of Hathi and Sidhee. These products are distributed in bags, jumbo bags and loose by road, rail, and sea for customer's requirements in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh and the West Coast of India. The company also has a paints division which markets under the brand name Snowcem Paints