Saurashtra Cement Ltd.
•₹ 58.22-0.05%
2026-08-21
PROS
- Company has delivered good sales growth of 20.4% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.97x)
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (122.2% of PBT)
- Recent results are weak - TTM profit is down 93.3% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 1.5% over last 3 years
- Company has a low return on capital employed of 3.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ULTRACEMCO | 11460.00 | 39.55 | 337702.33 | 2.09 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 406.00 | 23.05 | 100883.58 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24360.00 | 53.92 | 87892.70 | 0.62 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5280.65 | 43.15 | 40802.66 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1875.00 | 37.69 | 35168.62 | 0.48 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1289.40 | 12.69 | 24213.29 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 900.85 | 33.01 | 21286.40 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 123.95 | 22.22 | 16898.91 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | NUVOCO | 318.90 | 29.51 | 11389.71 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 10. | INDIACEM | 366.40 | 122.77 | 11354.63 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 11. | STARCEMENT | 194.00 | 21.21 | 7841.10 | 0.52 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | SAURASHCEM | 57.76 | 96.07 | 642.80 | 0.00 | 9.13 | -45.85 | 456.75 | 7.83 | 2.64 | 4.53 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 446 | 375 | 447 | 497 | 386 | 296 | 378 | 478 | 424 | 386 | 410 | 447 | 457 | |
| 415 | 364 | 404 | 453 | 363 | 336 | 370 | 425 | 389 | 395 | 409 | 420 | 450 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 4 | 25 | 5 | 4 | 3 | 4 | 5 | 5 | 5 | 4 | 5 |
| Interest | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 2 | 3 | 2 | 3 | 2 | 3 |
| Depreciation | 10 | 10 | 10 | 17 | 10 | 10 | 11 | 11 | 11 | 10 | 11 | 12 | 11 |
| 19 | 1 | 20 | 50 | 15 | -50 | -3 | 53 | 27 | -18 | -15 | 13 | 12 | |
| Tax % | 34.91% | -4.29% | 36.80% | 38.46% | 33.11% | 37.45% | -32.93% | 37.74% | 36.63% | 37.40% | 32.41% | -47.92% | 23.69% |
| Net Profit | 0 | 0 | 0 | 0 | 10 | -31 | -4 | 33 | 17 | -11 | -10 | 19 | 9 |
| 1 | 0 | 1 | 3 | 1 | -3 | -0 | 3 | 2 | -1 | -1 | 2 | 0 | |
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 446
- 415
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 10
- 19
- Tax %
- 34.91%
- Net Profit
- 0
- 1
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 375
- 364
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 10
- 1
- Tax %
- -4.29%
- Net Profit
- 0
- 0
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 447
- 404
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 10
- 20
- Tax %
- 36.80%
- Net Profit
- 0
- 1
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 497
- 453
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 2
- Depreciation
- 17
- 50
- Tax %
- 38.46%
- Net Profit
- 0
- 3
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 386
- 363
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 10
- 15
- Tax %
- 33.11%
- Net Profit
- 10
- 1
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 296
- 336
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 10
- -50
- Tax %
- 37.45%
- Net Profit
- -31
- -3
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 378
- 370
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 11
- -3
- Tax %
- -32.93%
- Net Profit
- -4
- -0
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 478
- 425
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 11
- 53
- Tax %
- 37.74%
- Net Profit
- 33
- 3
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 424
- 389
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 11
- 27
- Tax %
- 36.63%
- Net Profit
- 17
- 2
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 386
- 395
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 10
- -18
- Tax %
- 37.40%
- Net Profit
- -11
- -1
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 410
- 409
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 11
- -15
- Tax %
- 32.41%
- Net Profit
- -10
- -1
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 447
- 420
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 12
- 13
- Tax %
- -47.92%
- Net Profit
- 19
- 2
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 457
- 450
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 11
- 12
- Tax %
- 23.69%
- Net Profit
- 9
- 0
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 111
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 530 | 470 | 574 | 622 | 608 | 674 | 1,451 | 1,645 | 1,765 | 1,538 | 1,699 | |
| 467 | 441 | 524 | 617 | 499 | 559 | 1,387 | 1,639 | 1,635 | 1,494 | 1,675 | |
| Operating Profit | 76 | 40 | 68 | 13 | 118 | 127 | 80 | 19 | 165 | 61 | — |
| OPM % | 14 | 9 | 12 | 2 | 19 | 19 | 6 | 1 | 9 | 4 | — |
| Other Income | 13 | 11 | 18 | 8 | 8 | 12 | 16 | 13 | 36 | 17 | 19 |
| Interest | 5 | 4 | 3 | 5 | 5 | 4 | 9 | 9 | 8 | 14 | 10 |
| Depreciation | 13 | 15 | 18 | 18 | 20 | 20 | 33 | 39 | 47 | 42 | 45 |
| 69 | 21 | 46 | -7 | 77 | 102 | 37 | -29 | 90 | 14 | -8 | |
| Tax % | 36 | 34 | -34 | 27 | 27 | 29 | 38 | 24 | 37 | 50 | 183 |
| Net Profit | 44 | 14 | 62 | -5 | 57 | 72 | 23 | -22 | 57 | 7 | 7 |
| EPS | 0 | 0 | 0 | 0 | 0 | 10 | 2 | -2 | 5 | 1 | — |
| Dividend Payout % | 18 | 50 | 11 | 0 | 22 | 17 | 0 | 0 | 39 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 2 | 9 | -1 | 8 | 10 | 4 | -4 | 5 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 2 | 9 | -1 | 8 | 10 | 4 | -4 | 5 | 1 | — |
Mar 2016
- 530
- 467
- Operating Profit
- 76
- OPM %
- 14
- Other Income
- 13
- Interest
- 5
- Depreciation
- 13
- 69
- Tax %
- 36
- Net Profit
- 44
- EPS
- 0
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2017
- 470
- 441
- Operating Profit
- 40
- OPM %
- 9
- Other Income
- 11
- Interest
- 4
- Depreciation
- 15
- 21
- Tax %
- 34
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 574
- 524
- Operating Profit
- 68
- OPM %
- 12
- Other Income
- 18
- Interest
- 3
- Depreciation
- 18
- 46
- Tax %
- -34
- Net Profit
- 62
- EPS
- 0
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2019
- 622
- 617
- Operating Profit
- 13
- OPM %
- 2
- Other Income
- 8
- Interest
- 5
- Depreciation
- 18
- -7
- Tax %
- 27
- Net Profit
- -5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2020
- 608
- 499
- Operating Profit
- 118
- OPM %
- 19
- Other Income
- 8
- Interest
- 5
- Depreciation
- 20
- 77
- Tax %
- 27
- Net Profit
- 57
- EPS
- 0
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2021
- 674
- 559
- Operating Profit
- 127
- OPM %
- 19
- Other Income
- 12
- Interest
- 4
- Depreciation
- 20
- 102
- Tax %
- 29
- Net Profit
- 72
- EPS
- 10
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 1,451
- 1,387
- Operating Profit
- 80
- OPM %
- 6
- Other Income
- 16
- Interest
- 9
- Depreciation
- 33
- 37
- Tax %
- 38
- Net Profit
- 23
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 1,645
- 1,639
- Operating Profit
- 19
- OPM %
- 1
- Other Income
- 13
- Interest
- 9
- Depreciation
- 39
- -29
- Tax %
- 24
- Net Profit
- -22
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2024
- 1,765
- 1,635
- Operating Profit
- 165
- OPM %
- 9
- Other Income
- 36
- Interest
- 8
- Depreciation
- 47
- 90
- Tax %
- 37
- Net Profit
- 57
- EPS
- 5
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 1,538
- 1,494
- Operating Profit
- 61
- OPM %
- 4
- Other Income
- 17
- Interest
- 14
- Depreciation
- 42
- 14
- Tax %
- 50
- Net Profit
- 7
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 1,699
- 1,675
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 10
- Depreciation
- 45
- -8
- Tax %
- 183
- Net Profit
- 7
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 20%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -20%
- 5 Years:
- -34%
- 3 Years:
- -33%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -50%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 5%
- 3 Years:
- 2%
- Last Year:
- 1%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 60 | 69 | 69 | 69 | 70 | 70 | 57 | 57 | 111 | 111 |
| 205 | 291 | 345 | 332 | 373 | 446 | 789 | 768 | 815 | 836 | |
| 18 | 15 | 14 | 28 | 21 | 16 | 92 | 57 | 69 | 93 | |
| Trade Payables | 27 | 51 | 52 | 63 | 55 | 37 | 84 | 107 | 204 | 201 |
| 147 | 163 | 121 | 102 | 159 | 174 | 381 | 368 | 395 | 364 | |
| Total Liabilities | 457 | 590 | 602 | 595 | 677 | 742 | 1,403 | 1,358 | 1,594 | 1,605 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 201 | 317 | 334 | 349 | 351 | 345 | 813 | 831 | 872 | 932 | |
| Capital Work in Progress | 40 | 48 | 43 | 37 | 38 | 60 | 69 | 50 | 30 | 30 |
| 15 | 6 | 6 | 5 | 4 | 8 | 0 | 0 | 0 | 0 | |
| 48 | 58 | 56 | 78 | 100 | 56 | 186 | 180 | 263 | 251 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88 | 101 | |
| Cash & Bank | 64 | 70 | 81 | 81 | 102 | 188 | 209 | 77 | 249 | 236 |
| 89 | 90 | 81 | 45 | 83 | 86 | 126 | 219 | 91 | 56 | |
| Total Assets | 457 | 590 | 602 | 595 | 677 | 742 | 1,403 | 1,358 | 1,594 | 1,605 |
| Total Debt | 19 | 17 | 17 | 32 | 28 | 20 | 103 | 63 | 84 | 135 |
| Net Working Capital | 13 | 11 | 31 | 9 | 58 | 119 | 93 | -25 | 103 | 84 |
| Contingent Liabilities | 14 | 16 | 15 | 19 | 20 | 21 | 72 | 67 | 64 | 43 |
| Book Value per Share | 43.67 | 52.09 | 59.91 | 57.88 | 63.64 | 73.85 | 149.27 | 145.36 | 83.41 | 85.14 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 19 | 17 | 17 | 32 | 28 | 20 | 103 | 63 | 84 | 135 |
| Net Working Capital | 13 | 11 | 31 | 9 | 58 | 119 | 93 | -25 | 103 | 84 |
| Contingent Liabilities | 14 | 16 | 15 | 19 | 20 | 21 | 72 | 67 | 64 | 43 |
| Book Value per Share | 43.67 | 52.09 | 59.91 | 57.88 | 63.64 | 73.85 | 149.27 | 145.36 | 83.41 | 85.14 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 60
- 205
- 18
- Trade Payables
- 27
- 147
- Total Liabilities
- 457
- 201
- Capital Work in Progress
- 40
- 15
- 48
- 0
- Cash & Bank
- 64
- 89
- Total Assets
- 457
- Total Debt
- 19
- Net Working Capital
- 13
- Contingent Liabilities
- 14
- Book Value per Share
- 43.67
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 13
- Contingent Liabilities
- 14
- Book Value per Share
- 43.67
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 69
- 291
- 15
- Trade Payables
- 51
- 163
- Total Liabilities
- 590
- 317
- Capital Work in Progress
- 48
- 6
- 58
- 0
- Cash & Bank
- 70
- 90
- Total Assets
- 590
- Total Debt
- 17
- Net Working Capital
- 11
- Contingent Liabilities
- 16
- Book Value per Share
- 52.09
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- 11
- Contingent Liabilities
- 16
- Book Value per Share
- 52.09
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 69
- 345
- 14
- Trade Payables
- 52
- 121
- Total Liabilities
- 602
- 334
- Capital Work in Progress
- 43
- 6
- 56
- 0
- Cash & Bank
- 81
- 81
- Total Assets
- 602
- Total Debt
- 17
- Net Working Capital
- 31
- Contingent Liabilities
- 15
- Book Value per Share
- 59.91
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- 31
- Contingent Liabilities
- 15
- Book Value per Share
- 59.91
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 69
- 332
- 28
- Trade Payables
- 63
- 102
- Total Liabilities
- 595
- 349
- Capital Work in Progress
- 37
- 5
- 78
- 0
- Cash & Bank
- 81
- 45
- Total Assets
- 595
- Total Debt
- 32
- Net Working Capital
- 9
- Contingent Liabilities
- 19
- Book Value per Share
- 57.88
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 9
- Contingent Liabilities
- 19
- Book Value per Share
- 57.88
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 70
- 373
- 21
- Trade Payables
- 55
- 159
- Total Liabilities
- 677
- 351
- Capital Work in Progress
- 38
- 4
- 100
- 0
- Cash & Bank
- 102
- 83
- Total Assets
- 677
- Total Debt
- 28
- Net Working Capital
- 58
- Contingent Liabilities
- 20
- Book Value per Share
- 63.64
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 58
- Contingent Liabilities
- 20
- Book Value per Share
- 63.64
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 70
- 446
- 16
- Trade Payables
- 37
- 174
- Total Liabilities
- 742
- 345
- Capital Work in Progress
- 60
- 8
- 56
- 0
- Cash & Bank
- 188
- 86
- Total Assets
- 742
- Total Debt
- 20
- Net Working Capital
- 119
- Contingent Liabilities
- 21
- Book Value per Share
- 73.85
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 119
- Contingent Liabilities
- 21
- Book Value per Share
- 73.85
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 57
- 789
- 92
- Trade Payables
- 84
- 381
- Total Liabilities
- 1,403
- 813
- Capital Work in Progress
- 69
- 0
- 186
- 0
- Cash & Bank
- 209
- 126
- Total Assets
- 1,403
- Total Debt
- 103
- Net Working Capital
- 93
- Contingent Liabilities
- 72
- Book Value per Share
- 149.27
- Face Value
- 10.00
- Total Debt
- 103
- Net Working Capital
- 93
- Contingent Liabilities
- 72
- Book Value per Share
- 149.27
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 57
- 768
- 57
- Trade Payables
- 107
- 368
- Total Liabilities
- 1,358
- 831
- Capital Work in Progress
- 50
- 0
- 180
- 0
- Cash & Bank
- 77
- 219
- Total Assets
- 1,358
- Total Debt
- 63
- Net Working Capital
- -25
- Contingent Liabilities
- 67
- Book Value per Share
- 145.36
- Face Value
- 10.00
- Total Debt
- 63
- Net Working Capital
- -25
- Contingent Liabilities
- 67
- Book Value per Share
- 145.36
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 111
- 815
- 69
- Trade Payables
- 204
- 395
- Total Liabilities
- 1,594
- 872
- Capital Work in Progress
- 30
- 0
- 263
- 88
- Cash & Bank
- 249
- 91
- Total Assets
- 1,594
- Total Debt
- 84
- Net Working Capital
- 103
- Contingent Liabilities
- 64
- Book Value per Share
- 83.41
- Face Value
- 10.00
- Total Debt
- 84
- Net Working Capital
- 103
- Contingent Liabilities
- 64
- Book Value per Share
- 83.41
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 111
- 836
- 93
- Trade Payables
- 201
- 364
- Total Liabilities
- 1,605
- 932
- Capital Work in Progress
- 30
- 0
- 251
- 101
- Cash & Bank
- 236
- 56
- Total Assets
- 1,605
- Total Debt
- 135
- Net Working Capital
- 84
- Contingent Liabilities
- 43
- Book Value per Share
- 85.14
- Face Value
- 10.00
- Total Debt
- 135
- Net Working Capital
- 84
- Contingent Liabilities
- 43
- Book Value per Share
- 85.14
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 72 | 34 | 49 | 15 | 63 | 134 | -8 | 21 | 155 | 30 | |
| Cash from Investing | -24 | -25 | -37 | -16 | -38 | -121 | -30 | 32 | -157 | -5 |
| Cash from Financing | -65 | -7 | -12 | 3 | -23 | -17 | 31 | -49 | 3 | 27 |
| -16 | 2 | 0 | 2 | 1 | -4 | -7 | 5 | 1 | 52 | |
| Free Cash Flow | 50 | -36 | 28 | -10 | 47 | 101 | -721 | 1 | 113 | -59 |
| OCF / Net Profit | 1.65 | 2.46 | 0.79 | -2.98 | 1.11 | 1.85 | -0.35 | -0.98 | 2.74 | 4.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | 130 | -555 | -581 | -458 | -564 |
| OCF / Net Profit | 1.65 | 2.46 | 0.79 | -2.98 | 1.11 | 1.85 | -0.35 | -0.98 | 2.74 | 4.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | 130 | -555 | -581 | -458 | -564 |
Mar 2016
- 72
- Cash from Investing
- -24
- Cash from Financing
- -65
- -16
- Free Cash Flow
- 50
- OCF / Net Profit
- 1.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.65
- Cumulative 5-Year FCF
- 0
Mar 2017
- 34
- Cash from Investing
- -25
- Cash from Financing
- -7
- 2
- Free Cash Flow
- -36
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
Mar 2018
- 49
- Cash from Investing
- -37
- Cash from Financing
- -12
- 0
- Free Cash Flow
- 28
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
Mar 2019
- 15
- Cash from Investing
- -16
- Cash from Financing
- 3
- 2
- Free Cash Flow
- -10
- OCF / Net Profit
- -2.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.98
- Cumulative 5-Year FCF
- 0
Mar 2020
- 63
- Cash from Investing
- -38
- Cash from Financing
- -23
- 1
- Free Cash Flow
- 47
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 79
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 79
Mar 2021
- 134
- Cash from Investing
- -121
- Cash from Financing
- -17
- -4
- Free Cash Flow
- 101
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 130
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 130
Mar 2022
- -8
- Cash from Investing
- -30
- Cash from Financing
- 31
- -7
- Free Cash Flow
- -721
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- -555
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- -555
Mar 2023
- 21
- Cash from Investing
- 32
- Cash from Financing
- -49
- 5
- Free Cash Flow
- 1
- OCF / Net Profit
- -0.98
- Cumulative 5-Year FCF
- -581
- OCF / Net Profit
- -0.98
- Cumulative 5-Year FCF
- -581
Mar 2024
- 155
- Cash from Investing
- -157
- Cash from Financing
- 3
- 1
- Free Cash Flow
- 113
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- -458
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- -458
Mar 2025
- 30
- Cash from Investing
- -5
- Cash from Financing
- 27
- 52
- Free Cash Flow
- -59
- OCF / Net Profit
- 4.33
- Cumulative 5-Year FCF
- -564
- OCF / Net Profit
- 4.33
- Cumulative 5-Year FCF
- -564
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 5.58 | 2.01 | 9.03 | -0.71 | 8.13 | 10.35 | 4.08 | -3.88 | 5.10 | 0.63 |
| Book Value (₹) | 43.67 | 52.09 | 59.91 | 57.88 | 63.64 | 73.85 | 149.27 | 145.36 | 83.41 | 85.14 |
| Dividend per Share (₹) | 1.00 | 1.00 | 1.00 | 0.00 | 1.75 | 1.75 | 0.00 | 0.00 | 2.00 | 0.00 |
| Cash EPS (₹) | 9.39 | 4.23 | 11.59 | 1.93 | 10.96 | 13.22 | 9.93 | 2.98 | 9.34 | 4.43 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.81% | 7.57% | 11.42% | 2.06% | 18.93% | 18.33% | 5.38% | 1.13% | 7.11% | 2.70% |
| Net Margin % | 7.40% | 2.62% | 10.55% | -0.77% | 9.09% | 10.45% | 1.56% | -1.30% | 3.10% | 0.43% |
| ROE % | 17.88% | 4.46% | 16.12% | -1.21% | 13.39% | 15.09% | 3.40% | -2.63% | 6.47% | 0.75% |
| ROCE % | 27.84% | 7.51% | 12.31% | -0.47% | 17.85% | 20.91% | 6.02% | -2.03% | 10.01% | 2.64% |
| 10.03% | 2.66% | 10.48% | -0.82% | 8.88% | 10.18% | 2.15% | -1.59% | 3.83% | 0.44% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 10 | 10 | 10 | 10 | 15 | 17 | 11 | 15 | 17 | 21 |
| Inventory Days | 39 | 37 | 35 | 39 | 52 | 41 | 30 | 40 | 44 | 58 |
| Payable Days | 311 | 578 | 635 | 524 | 8184 | 407 | 345 | 240 | 342 | 496 |
| -262 | -531 | -590 | -475 | -8117 | -349 | -304 | -186 | -281 | -417 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.07x | 0.05x | 0.04x | 0.08x | 0.06x | 0.04x | 0.12x | 0.08x | 0.09x | 0.14x |
| Interest Coverage (x) | 15.30x | 6.78x | 14.59x | -0.43x | 17.54x | 24.43x | 5.06x | -2.13x | 12.10x | 2.03x |
| 1.08x | 1.07x | 1.20x | 1.05x | 1.31x | 1.64x | 1.24x | 0.93x | 1.19x | 1.16x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -5.87% | -11.24% | 22.01% | 8.38% | -2.17% | 10.77% | 115.36% | 13.40% | 7.29% | -12.89% |
| Operating Profit Growth % | -21.46% | -47.05% | 68.32% | -80.62% | 798.26% | 7.80% | -37.06% | -76.16% | 768.77% | -63.12% |
| Net Profit Growth % | -35.22% | -68.25% | 349.12% | -107.88% | 1248.21% | 27.94% | -68.03% | -195.17% | 357.33% | -87.66% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 231.52% | -87.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.73x | 119.95x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.27x | 0.88x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.89% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.09x | 12.07x |
Mar 2016
- EPS (₹)
- 5.58
- Book Value (₹)
- 43.67
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.39
- Operating Margin %
- 12.81%
- Net Margin %
- 7.40%
- ROE %
- 17.88%
- ROCE %
- 27.84%
- 10.03%
- Debtor Days
- 10
- Inventory Days
- 39
- Payable Days
- 311
- -262
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 15.30x
- 1.08x
- Revenue Growth %
- -5.87%
- Operating Profit Growth %
- -21.46%
- Net Profit Growth %
- -35.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 2.01
- Book Value (₹)
- 52.09
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 4.23
- Operating Margin %
- 7.57%
- Net Margin %
- 2.62%
- ROE %
- 4.46%
- ROCE %
- 7.51%
- 2.66%
- Debtor Days
- 10
- Inventory Days
- 37
- Payable Days
- 578
- -531
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 6.78x
- 1.07x
- Revenue Growth %
- -11.24%
- Operating Profit Growth %
- -47.05%
- Net Profit Growth %
- -68.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 9.03
- Book Value (₹)
- 59.91
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 11.59
- Operating Margin %
- 11.42%
- Net Margin %
- 10.55%
- ROE %
- 16.12%
- ROCE %
- 12.31%
- 10.48%
- Debtor Days
- 10
- Inventory Days
- 35
- Payable Days
- 635
- -590
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 14.59x
- 1.20x
- Revenue Growth %
- 22.01%
- Operating Profit Growth %
- 68.32%
- Net Profit Growth %
- 349.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -0.71
- Book Value (₹)
- 57.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.93
- Operating Margin %
- 2.06%
- Net Margin %
- -0.77%
- ROE %
- -1.21%
- ROCE %
- -0.47%
- -0.82%
- Debtor Days
- 10
- Inventory Days
- 39
- Payable Days
- 524
- -475
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- -0.43x
- 1.05x
- Revenue Growth %
- 8.38%
- Operating Profit Growth %
- -80.62%
- Net Profit Growth %
- -107.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 8.13
- Book Value (₹)
- 63.64
- Dividend per Share (₹)
- 1.75
- Cash EPS (₹)
- 10.96
- Operating Margin %
- 18.93%
- Net Margin %
- 9.09%
- ROE %
- 13.39%
- ROCE %
- 17.85%
- 8.88%
- Debtor Days
- 15
- Inventory Days
- 52
- Payable Days
- 8184
- -8117
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 17.54x
- 1.31x
- Revenue Growth %
- -2.17%
- Operating Profit Growth %
- 798.26%
- Net Profit Growth %
- 1248.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.35
- Book Value (₹)
- 73.85
- Dividend per Share (₹)
- 1.75
- Cash EPS (₹)
- 13.22
- Operating Margin %
- 18.33%
- Net Margin %
- 10.45%
- ROE %
- 15.09%
- ROCE %
- 20.91%
- 10.18%
- Debtor Days
- 17
- Inventory Days
- 41
- Payable Days
- 407
- -349
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 24.43x
- 1.64x
- Revenue Growth %
- 10.77%
- Operating Profit Growth %
- 7.80%
- Net Profit Growth %
- 27.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.08
- Book Value (₹)
- 149.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.93
- Operating Margin %
- 5.38%
- Net Margin %
- 1.56%
- ROE %
- 3.40%
- ROCE %
- 6.02%
- 2.15%
- Debtor Days
- 11
- Inventory Days
- 30
- Payable Days
- 345
- -304
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 5.06x
- 1.24x
- Revenue Growth %
- 115.36%
- Operating Profit Growth %
- -37.06%
- Net Profit Growth %
- -68.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -3.88
- Book Value (₹)
- 145.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.98
- Operating Margin %
- 1.13%
- Net Margin %
- -1.30%
- ROE %
- -2.63%
- ROCE %
- -2.03%
- -1.59%
- Debtor Days
- 15
- Inventory Days
- 40
- Payable Days
- 240
- -186
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- -2.13x
- 0.93x
- Revenue Growth %
- 13.40%
- Operating Profit Growth %
- -76.16%
- Net Profit Growth %
- -195.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 5.10
- Book Value (₹)
- 83.41
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 9.34
- Operating Margin %
- 7.11%
- Net Margin %
- 3.10%
- ROE %
- 6.47%
- ROCE %
- 10.01%
- 3.83%
- Debtor Days
- 17
- Inventory Days
- 44
- Payable Days
- 342
- -281
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 12.10x
- 1.19x
- Revenue Growth %
- 7.29%
- Operating Profit Growth %
- 768.77%
- Net Profit Growth %
- 357.33%
- 231.52%
- P/E (x)
- 20.73x
- P/B (x)
- 1.27x
- Dividend Yield %
- 1.89%
- 6.09x
Mar 2025
- EPS (₹)
- 0.63
- Book Value (₹)
- 85.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.43
- Operating Margin %
- 2.70%
- Net Margin %
- 0.43%
- ROE %
- 0.75%
- ROCE %
- 2.64%
- 0.44%
- Debtor Days
- 21
- Inventory Days
- 58
- Payable Days
- 496
- -417
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 2.03x
- 1.16x
- Revenue Growth %
- -12.89%
- Operating Profit Growth %
- -63.12%
- Net Profit Growth %
- -87.66%
- -87.69%
- P/E (x)
- 119.95x
- P/B (x)
- 0.88x
- Dividend Yield %
- 0.00%
- 12.07x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-08 - Saurashtra Cement Limited has informed the Exchange about Copy of Newspaper Publication
- Integrated Filing- Financial
2026-08-07 - Further to our letter no. B/SCL/SE/SS/248/2026-27 dated 6th August, 2026, and pursuant toRegulation 33 and Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations &Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Unaudited Financial Results along with the Limited Review Report for the FirstQuarter & Three Months ended 30" June 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.