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:
Revenues for SHREECEM are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall 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 |
Shree Cement Limited's current ratio of 2.106 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, Shree Cement Limited can comfortably cover its liabilities, reflecting a strong financial outlook.
Shree Cement Limited's positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for Shree Cement Limited.
With Shree Cement Limited's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in Shree Cement Limited's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
Shree Cement Limited's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Recommendation changes over time:
A recent buy bias from analysts toward SHREECEM indicates strong confidence in the stock's future performance. This could encourage investors to park their money in SHREECEM, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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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