As of 6 Nov 2026, Saurashtra Cement trades at 80.9× trailing earnings, above the industry P/E of 27.3×, and the shares are 51% below their 52-week high. It earns ROCE of 1.4% and ROE of 1.5%, and sales grew 0.7% a year over 3 years. Debt is 0.11× equity. It is a small-cap company with a market cap of ₹540 Cr, ranked 28th of 58 Building Materials companies by market cap; the shares fell 51% over the past year.
- ₹48.10
- ₹48.79
- ₹48.00
- ₹48.60
- 16.1K
Health check
- ReturnsBehind
−51.3% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 80.9 vs industry 27.3.
- GrowthSlow
Sales +0.7% a year over 3 years.
- ProfitabilityWeak
ROCE 1.4% vs peer median 10.2%.
- Balance sheetSolid
Debt 0.11× equity, interest covered 7.2×.
- Red flags4 to check
Return on equity is low at 1.5%.
Small cap
Defensive
Key metrics
- Market cap
- ₹540 Cr
- Small cap
- P/E
- 80.9
- Industry 27.3
- Price to book
- 0.57
- Peers 2.12
- Dividend yield
- 0.00%
- ROE
- 1.5%
- Peers 4.9%
- ROCE
- 1.4%
- Peers 10.2%
- Debt to equity
- 0.11
- Debt ₹107 Cr
- EPS (TTM)
- ₹0.60
- Face value ₹10
- OPM (TTM)
- 2.3%
- Net margin 0.4%
- Sales growth
- +7.8%
- Latest quarter vs a year ago
- Profit growth
- −45.8%
- Latest quarter vs a year ago
- Price to sales
- 0.32
- EV/EBITDA 10.7
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.5%.
- Quarterly profit down 45.8% on a year ago.
- P/E of 80.9 against an industry P/E of 27.3.
- 51% below its 52-week high.
About Saurashtra Cement
Saurashtra Cement Limited engages in the manufacture and sale of cement and paints in India. It operates through Cement & Cement Related Products, and Paints segments. The company offers ordinary portland cement, portland pozzolana cement, and SRPC cement, as well as clinker products. It sells its cement products under the HATHI brand name. The company also exports its products. Saurashtra Cement Limited was incorporated in 1956 and is based in Mumbai,…
- Headquarters
- Mumbai
- Employees
- 825
- Sector
- Basic Materials
- ISIN
- INE626A01014
- Website
- scl.mehtagroup.com
Price range
- Avg volume (3M)
- 82.7K
- 1-year return
- minus 51.3%
- From 52-week high
- minus 51.5%
Peers · Building Materials
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCOUltraTech Cement | 12,450.00 | plus 1.63% | 3,66,110 | 41.6 | 22.8 | 11.8% | 19.1% | 0.38 | 11.9% | plus 3.6% |
| GRASIMGrasim Industries | 3,227.00 | minus 0.02% | 2,18,884 | 38.5 | 16.8 | 4.0% | 15.0% | 1.35 | 14.3% | plus 12.0% |
| AMBUJACEMAmbuja Cements | 390.60 | plus 0.67% | 97,057 | 34.7 | 14.6 | 4.6% | 14.3% | 0.01 | – | minus 31.6% |
| SHREECEMShree Cement | 25,100.00 | plus 0.82% | 90,563 | 57.2 | 18.0 | 10.2% | 20.1% | 0.09 | 5.7% | minus 9.8% |
| JKCEMENTJ.K. Cement | 5,239.80 | minus 0.20% | 40,487 | 42.3 | 19.2 | 13.3% | 15.8% | 1.01 | 12.1% | minus 9.1% |
| DALBHARATDalmia Bharat | 1,470.30 | plus 0.27% | 27,602 | 56.3 | 9.6 | 7.0% | 16.5% | 0.57 | 3.0% | minus 28.5% |
| ACCACC | 1,236.20 | plus 0.77% | 23,214 | 26.4 | 7.9 | 10.4% | 8.7% | 0.02 | – | minus 33.1% |
| SAURASHCEMSaurashtra Cement | 48.53 | minus 0.14% | 540 | 80.9 | – | – | 2.1% | 0.11 | – | minus 51.3% |
| Median of 7 peers | – | 0.67% | 90,563 | 41.6 | 16.8 | 10.2% | 15.8% | 0.38 | 11.9% | −9.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 424 | 386 | 410 | 447 | 457 | |
| 389 | 395 | 409 | 420 | 436 | |
| 34.8 | −9.7 | 0.9 | 26.5 | 20.7 | |
| 8.2% | −2.5% | 0.2% | 5.9% | 4.5% | |
| 5.1 | 4.8 | 4.6 | 4.1 | 5.3 | |
| 2.6 | 2.2 | 3.2 | 2.2 | 2.9 | |
| 10.7 | 10.4 | 11 | 12.1 | 11.1 | |
| – | – | −6.6 | −3.6 | – | |
| 26.6 | −17.5 | −15.2 | 12.7 | 12 | |
| 36.6% | 37.4% | 32.4% | −47.9% | 23.7% | |
| 16.9 | −11 | −10.3 | 18.8 | 9.1 | |
| 1.51 | -0.99 | -0.92 | 1.69 | 0.82 |
Profit & loss
- Sales CAGR 3Y
- +0.7%
- ROE
- 1.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,635 | 1,769 | 1,541 | 1,667 | |
| – | +8.2% | minus 12.9% | +8.2% | |
| 1,628 | 1,639 | 1,496 | 1,607 | |
| 7.1 | 130 | 45.1 | 60 | |
| 0.4% | 7.4% | 2.9% | 3.6% | |
| 9.9 | 34.1 | 14.1 | 7.4 | |
| 8.5 | 7.4 | 11.2 | 8.4 | |
| 38.9 | 47.1 | 42.3 | 44.2 | |
| 1.2 | −19.9 | 8.4 | −8.2 | |
| −29.1 | 89.9 | 14.1 | 6.6 | |
| 24.5% | 37.0% | 50.4% | −119.2% | |
| −22 | 56.6 | 7 | 14.4 | |
| – | – | minus 87.7% | +106.5% | |
| -1.99 | 5.10 | 0.63 | 1.30 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 56.7 | 111 | 111 | 111 | |
| 825 | 817 | 836 | 850 | |
| 65.9 | 85 | 136 | 107 | |
| 409 | 558 | 520 | 519 | |
| 1,357 | 1,571 | 1,603 | 1,588 | |
| 849 | 900 | 943 | 929 | |
| 96.4 | 108 | 92 | 101 | |
| 25 | 4.4 | 5 | 0.4 | |
| 18.6 | 166 | 113 | 107 | |
| 368 | 393 | 450 | 450 | |
| 1,357 | 1,571 | 1,603 | 1,588 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.5 | 155 | 30.2 | 36.5 | |
| 32.4 | −157 | −5.2 | 18.8 | |
| −49.1 | 2.7 | 26.8 | −36.9 | |
| 4.8 | 0.6 | 51.8 | 18.3 | |
| −38.9 | −68.4 | −86.3 | −29.3 | |
| −17.5 | 86.7 | −56.1 | 7.1 | |
| – | −11.1 | −11.1 | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.