Saurashtra Cement Ltd
Incorporated in 1956, Saurashtra Cement is in the business of manufacturing and selling of Cement and Paints[1]
- Market Cap ₹ 1,004 Cr.
- Current Price ₹ 90.2
- High / Low ₹ 146 / 73.5
- Stock P/E 397
- Book Value ₹ 85.2
- Dividend Yield 2.22 %
- ROCE 1.78 %
- ROE 0.27 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.06 times its book value
Cons
- Company has low interest coverage ratio.
- 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 13.1% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -5.95%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
531 | 563 | 530 | 470 | 574 | 622 | 608 | 674 | 1,451 | 1,645 | 1,765 | 1,538 | |
471 | 473 | 466 | 440 | 523 | 617 | 498 | 559 | 1,387 | 1,639 | 1,635 | 1,494 | |
Operating Profit | 60 | 90 | 64 | 30 | 50 | 5 | 110 | 115 | 64 | 7 | 130 | 44 |
OPM % | 11% | 16% | 12% | 6% | 9% | 1% | 18% | 17% | 4% | 0% | 7% | 3% |
3 | 38 | 23 | 10 | 17 | 11 | -8 | 12 | 16 | 13 | 15 | 26 | |
Interest | 16 | 13 | 5 | 4 | 3 | 5 | 5 | 4 | 9 | 9 | 8 | 14 |
Depreciation | 26 | 35 | 13 | 15 | 18 | 18 | 20 | 20 | 33 | 39 | 47 | 42 |
Profit before tax | 21 | 79 | 69 | 21 | 46 | -7 | 77 | 102 | 37 | -29 | 90 | 14 |
Tax % | 0% | 15% | 36% | 34% | -34% | -27% | 27% | 29% | 38% | -24% | 37% | 50% |
21 | 68 | 44 | 14 | 62 | -5 | 57 | 72 | 23 | -22 | 57 | 7 | |
EPS in Rs | 4.08 | 13.21 | 6.33 | 2.01 | 9.03 | -0.71 | 8.13 | 10.35 | 3.29 | -3.12 | 5.10 | 0.63 |
Dividend Payout % | 0% | 0% | 14% | 50% | 11% | 0% | 22% | 17% | 0% | 0% | 39% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 20% |
3 Years: | 2% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | -25% |
5 Years: | -48% |
3 Years: | -52% |
TTM: | -96% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 17% |
3 Years: | 19% |
1 Year: | -35% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 111 | 57 | 111 | 111 |
Reserves | 111 | 178 | 205 | 291 | 346 | 339 | 381 | 453 | 794 | 825 | 817 | 836 |
126 | 19 | 19 | 17 | 17 | 32 | 31 | 22 | 104 | 66 | 85 | 136 | |
124 | 156 | 129 | 174 | 142 | 157 | 182 | 181 | 388 | 409 | 558 | 520 | |
Total Liabilities | 411 | 404 | 413 | 552 | 574 | 597 | 664 | 726 | 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 | 30 |
Investments | 15 | 15 | 15 | 6 | 6 | 5 | 4 | 8 | 0 | 0 | 0 | 0 |
148 | 159 | 157 | 181 | 191 | 206 | 271 | 312 | 505 | 475 | 667 | 641 | |
Total Assets | 411 | 404 | 413 | 552 | 574 | 597 | 664 | 726 | 1,396 | 1,357 | 1,571 | 1,603 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
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 | 78 | 72 | 34 | 49 | 15 | 63 | 134 | -8 | 21 | 155 | 30 | |
-2 | 18 | -24 | -25 | -37 | -16 | -38 | -121 | -30 | 32 | -157 | -5 | |
-82 | -100 | -65 | -7 | -12 | 3 | -23 | -17 | 31 | -49 | 3 | 27 | |
Net Cash Flow | -1 | -4 | -16 | 2 | 0 | 2 | 1 | -4 | -7 | 5 | 1 | 52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 524 | 451 | 575 | 340 | ||
Days Payable | 159 | 441 | 174 | 737 | 640 | 569 | 346 | 269 | 448 | 272 | ||
Cash Conversion Cycle | 112 | 320 | 142 | 122 | 62 | 143 | 21 | 194 | 15 | 200 | 146 | 92 |
Working Capital Days | -64 | -20 | -23 | -34 | -24 | -27 | -15 | -28 | -6 | -10 | -15 | -12 |
ROCE % | 13% | 23% | 24% | 8% | 12% | -1% | 21% | 21% | 6% | -2% | 12% | 2% |
Documents
Announcements
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Closure of Trading Window
26 Jun - Trading window closed from June 27, 2025 till 48 hours after Q1 results announcement.
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Announcement under Regulation 30 (LODR)-Change in Management
23 Jun - Interim CFO Mr. Rakesh Mehta appointed from 26 July 2025 after previous CFO resignation.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
23 Jun - CFO Pradeep Mehta resigns effective 25 July 2025, citing personal reasons, with transition planned.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 Jun - Disclosure, Annexure 1 - Disclosure pursuant to Reg 10(c) of SEBI(Share Based Employee Benefits & Sweat Equity) Regulations, 2021 was inadvertently missed. Hence, filing the …
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 Jun - The Allotment Committee of the Board of the Company at its meeting held today i.e 6th June 2025, had approved, issued and allotted 16203 equity …
Annual reports
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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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Financial Year 2010
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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