More about Shree Cement Limited
Fundamentals for Shree Cement Limited
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Fundamentals for Shree Cement Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
Shree Cement Limited engages in the manufacture and sale of cement and clinker in India and internationally. The company provides ordinary Portland, Portland pozzolana, Portland slag, and composite cements. It also produces ready mix concrete, as well as aerated autoclaved concrete blocks, a lightweight and precast building material. The company offers its products under the Bangur brand name. In addition, it engages in the generation of power with a total capacity of 983 megawatts through thermal, waste heat recovery, solar, and wind power plants. The company was incorporated in 1979 and is based in Kolkata, India.
Revenue projections:
SHREECEM's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 2.106000 |
|---|---|
| forwardPE | 42.140198 |
| debtToEquity | 9.525000 |
| earningsGrowth | 2.922000 |
| revenueGrowth | 0.174000 |
| grossMargins | 0.633890 |
| operatingMargins | 0.064290 |
| trailingEps | 475.200000 |
| forwardEps | 640.718400 |
The current ratio for SHREECEM is 2.106, indicating that the company can service its short-term debt using available cash and assets. This suggests SHREECEM has strong liquidity, with more than enough resources to meet its immediate financial commitments.
SHREECEM's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with SHREECEM expected to continue increasing its profits and revenue in the coming periods.
Shree Cement Limited's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
The price of Shree Cement Limited has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Recommendation changes over time:
SHREECEM has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as SHREECEM is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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