UltraTech Cement vs Shree Cement: share price, P/E, ROE and financials compared
UltraTech Cement
Shree Cement
UltraTech Cement and Shree Cement at a glance
UltraTech Cement and Shree Cement are both listed in Construction Materials. UltraTech Cement is the larger by market cap, at ₹3.7L Cr against ₹90,563 Cr for Shree Cement (4.0 times as large). On valuation, UltraTech Cement has the lower P/E (41.6× against 57.2×), while Shree Cement has the lower price-to-book (3.80× against 4.98×). On returns and margins, UltraTech Cement has the higher ROCE (11.8% against 10.2%) and the higher ROE (11.5% against 6.9%), while Shree Cement has the higher operating margin (20.1% against 19.1%). Over three years, UltraTech Cement has faster 3-year sales growth (+11.9% against +5.7% a year) and faster 3-year profit growth (+17.3% against +11.1% a year). Shree Cement carries less debt for its equity, with a debt-to-equity of 0.09× against 0.38×.
Key metrics, side by side
| Metric | UltraTech CementULTRACEMCO | Shree CementSHREECEM |
|---|---|---|
| Price (₹) | 12,450.00 | 25,100.00 |
| Market cap (₹ Cr) | 3,66,110 | 90,563 |
| P/E | 41.6× (the lower figure, shaded) | 57.2× |
| P/B | 4.98× | 3.80× (the lower figure, shaded) |
| Dividend yield, trailing | 1.93% (the higher figure, shaded) | 0.28% |
| ROE | 11.5% (the higher figure, shaded) | 6.9% |
| ROCE | 11.8% (the higher figure, shaded) | 10.2% |
| Operating margin (OPM) | 19.1% | 20.1% (the higher figure, shaded) |
| Net margin (NPM) | 9.2% (the higher figure, shaded) | 6.9% |
| Sales CAGR 3Y | +11.9% (the higher figure, shaded) | +5.7% |
| Profit CAGR 3Y | +17.3% (the higher figure, shaded) | +11.1% |
| Debt to equity | 0.38× | 0.09× (the lower figure, shaded) |
| Interest cover | 7.0× | 12.1× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 8,801 | 1,583 |
| 1Y return | +3.6% (the higher figure, shaded) | −9.8% |
| Promoter holding | – | 62.55% |
UltraTech Cement vs Shree Cement: common questions
Which is bigger, UltraTech Cement or Shree Cement?
By market cap, UltraTech Cement is bigger at ₹3.7L Cr, against ₹90,563 Cr for Shree Cement (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹8,801 Cr for UltraTech Cement and ₹1,583 Cr for Shree Cement.
Which has a lower P/E ratio, UltraTech Cement or Shree Cement?
UltraTech Cement trades at a P/E of 41.6× and Shree Cement at 57.2×. UltraTech Cement has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, UltraTech Cement or Shree Cement?
UltraTech Cement reports a return on equity of 11.5% and Shree Cement 6.9%. UltraTech Cement has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, UltraTech Cement or Shree Cement?
Over the last three years: Sales grew +11.9% a year at UltraTech Cement and +5.7% at Shree Cement, so UltraTech Cement grew sales faster; profit grew +17.3% a year at UltraTech Cement and +11.1% at Shree Cement, so UltraTech Cement grew profit faster. Past growth doesn’t predict future growth.