Is Shri Keshav Cements & Infra Ltd (530977) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shri Keshav Cements & Infra Ltd is a below average quality company .

Is Shri Keshav Cements & Infra Ltd (530977) undervalued or overvalued?

The key valuation ratios of Shri Keshav Cements & Infra Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Shri Keshav Cements & Infra Ltd (530977) share price return in the past 10 years?

Shri Keshav Cements & Infra Ltd share price has appreciated 8.4% annually (CAGR) over the past ten years.

Is Shri Keshav Cements & Infra Ltd (530977) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shri Keshav Cements & Infra Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Shri Keshav Cements & Infra Ltd (530977)?

Company share prices are keep on changing according to the market conditions. The current trading price of Shri Keshav Cements & Infra Ltd (530977) on 15-Apr-2026 12:23:00 at 12:23 is 159.60.

What is the market cap of Shri Keshav Cements & Infra Ltd (530977)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 15-Apr-2026 at 12:23, the market cap of Shri Keshav Cements & Infra stood at Rs. 279.68 Cr.

What is the P/E ratio of Shri Keshav Cements & Infra?

The latest standalone P/E ratio of Shri Keshav Cements & Infra as of 15-Apr-2026 is 0.00.

What is the P/B ratio of Shri Keshav Cements & Infra Ltd (530977)?

The latest standalone P/B ratio of Shri Keshav Cements & Infra Ltd (530977) as of 15-Apr-2026 is 2.81.

What is the 52-week high and low of Shri Keshav Cements & Infra Ltd (530977)?

The 52-week high of Shri Keshav Cements & Infra Ltd (530977) is Rs. 286.75 and the 52-week low is Rs. 115.00.

What is the TTM revenue of Shri Keshav Cements & Infra Ltd (530977)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Keshav Cements & Infra is Rs. 152.48 (Cr.).

Shri Keshav Cements & Infra Ltd (530977) Share Analysis – Order Book, Quality & Valuation Zone & DeciZen Rating

Name: Shri Keshav Cements & Infra Ltd (530977)
Brand: Shri Keshav Cements & Infra

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	19.7%	9.6%	1%	7.7%	8.6%	5.7%	12.4%	10.7%	10.3%	5.3%	-
Value Creation Index ⓘ	0.4	-0.3	-0.9	-0.5	-0.4	-0.6	-0.1	-0.2	-0.3	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	55.4	49.8	50.7	70	68	80.4	114	123	126	121	152
Sales YoY Gr.	-	-10.1%	1.8%	38.1%	-2.9%	18.3%	41.5%	8.3%	2.6%	-4%	-
Adj EPS ⓘ	7.3	9.4	-3	-35.1	-6.4	-7	7.6	2.4	6.2	-3.5	-0.7
YoY Gr.	-	28%	-131.8%	NA	NA	NA	NA	-68.1%	155.4%	-157%	-
BVPS (₹) ⓘ	34.4	35.3	36.5	1.1	17.6	10.5	18.1	40.5	58.5	55	56.8
Adj Net Profit ⓘ	4.2	5.4	-1.7	-20.3	-7.6	-8.4	9.1	2.9	10.8	-6.2	-1
Cash Flow from Ops. ⓘ	14.5	5.4	-10.4	8.3	22.2	20.6	23.2	33.4	32	28.8	-
Debt/CF from Ops. ⓘ	1.9	11.7	-15.6	22.1	7.1	8.6	9.3	5.4	6	8.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.1%	12.3%	2.2%	-4%
Adj EPS ⓘ	-192.2%	NA	-177.4%	-157%
BVPSⓘ	5.4%	25.6%	44.9%	-6.1%
Share Price	8.4%	36.2%	8%	17.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	22.9	26.9	-8.3	-186.7	-70.4	-50.1	53	8.3	14.3	-6.2	-1.2
Op. Profit Mgn % ⓘ	22.7	30.7	14.8	36.2	39.1	32.8	31.1	28.5	30.8	20.8	24.2
Net Profit Mgn % ⓘ	7.6	10.9	-3.4	-28.9	-11.2	-10.5	8	2.4	8.6	-5.1	-0.8
Debt to Equity ⓘ	1.4	3.1	7.7	286.3	7.5	14.1	10	3.7	1.9	2.4	-
Working Cap Days ⓘ	89	115	188	171	181	168	144	153	174	204	75
Cash Conv. Cycle ⓘ	52	49	104	105	112	102	88	85	75	83	-41

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 2.43

Sales growth is good in last 4 quarters at 30.01%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 2.20%

	Standalone	Consolidated
TTM EPS (₹)	-0.7	-
TTM Sales (₹ Cr.)	152	-
BVPS (₹) ⓘ	56.8	-
Reserves (₹ Cr.) ⓘ	82	-
P/BV ⓘ	2.81	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	115.00 / 286.75
All Time Low / High (₹)	1.06 / 319.25
Market Cap (₹ Cr.)	280
Equity (₹ Cr.)	17.5
Face Value (₹)	10
Industry PE ⓘ	37.3

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	55	50	51	70	68	80	114	123	126	121
Operating Expenses ⓘ +	43	40	43	45	41	54	78	88	88	96
Manufacturing Costs	15	10	12	3	2	3	3	11	10	13
Material Costs	26	20	26	35	29	41	65	70	70	73
Employee Cost	1	2	3	3	3	3	4	4	4	6
Other Costs ⓘ	1	7	2	4	7	7	7	3	4	4
Operating Profit ⓘ	13	10	8	25	27	26	35	35	39	25
Operating Profit Margin (%)	22.7%	20.3%	14.8%	36.2%	39.1%	32.8%	31.1%	28.5%	30.8%	20.7%
Other Income ⓘ +	0	1	0	0	1	0	2	2	3	3
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-2	0
Interest ⓘ	3	3	1	18	17	16	19	19	17	18
Depreciation ⓘ	3	4	7	12	12	16	11	12	12	12
Profit Before Tax ⓘ	6	3	0	-4	-2	-6	7	6	10	-2
Tax ⓘ	2	1	2	16	6	3	-2	3	1	4
Profit After Tax	4	2	-2	-20	-8	-8	9	3	9	-6
PAT Margin (%)	7.6%	3.5%	-3.4%	-28.9%	-11.2%	-10.5%	8.0%	2.4%	7.2%	-5.1%
Adjusted EPS (₹)	7.3	3.1	-3.0	-35.1	-6.4	-7.0	7.6	2.4	5.2	-3.5
Dividend Payout Ratio (%)	12%	29%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	20	20	21	1	21	13	22	49	102	96
Share Capital ⓘ	5	5	5	5	12	12	12	12	18	18
Reserves ⓘ	15	15	16	-4	9	1	10	37	85	79
Debt +	27	59	155	171	145	165	202	158	167	205
Long Term Debt	4	35	97	103	97	116	160	140	165	170
Short Term Debt	23	24	57	68	47	48	42	18	2	35
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	2	4	2	6	7	4	2	5	6	10
Others Liabilities ⓘ	10	20	52	47	46	50	48	63	81	99
Total Liabilities ⓘ	59	104	230	224	219	232	274	275	356	410
Fixed Assets
Net Fixed Assets ⓘ +	39	77	91	189	176	179	169	204	194	196
Gross Block	63	111	131	241	240	259	260	307	309	322
Accumulated Depreciation	24	34	40	52	64	80	91	103	115	127
CWIP ⓘ	8	0	104	1	6	6	47	9	76	139
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	6	12	16	19	20	25	28	28	31	34
Trade Receivables	1	3	6	11	10	4	5	4	5	6
Cash Equivalents	0	6	2	2	2	8	8	8	14	6
Others Assets ⓘ	4	6	11	3	6	11	17	20	35	29
Total Assets ⓘ	59	104	230	224	219	232	274	275	356	410

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	14	5	-10	8	22	21	23	33	32	29
PBT ⓘ	6	3	0	-4	-2	-6	7	6	10	-2
Adjustment ⓘ	3	9	7	30	29	32	29	30	29	28
Changes in Working Capital ⓘ	6	-5	-18	-17	-5	-6	-13	-1	-5	3
Tax Paid ⓘ	-1	-2	0	0	0	0	-1	-1	-2	-0
Cash Flow From Investing Activity ⓘ +	-8	-35	-89	-6	-6	-19	-48	-11	-75	-56
Capex	-8	-36	-89	-6	-6	-19	-42	-10	-70	-85
Net Investments	0	0	0	0	0	0	-6	-2	-6	14
Others ⓘ	0	1	0	0	0	0	0	1	1	15
Cash Flow From Financing Activity ⓘ +	-6	41	80	-6	-17	11	36	-32	55	26
Net Proceeds from Shares ⓘ	0	0	0	0	28	0	0	0	45	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	-5	-9	-18	-17	-16	-18	-18	-16	-16
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-6	45	89	12	-28	27	54	-14	26	43
Net Cash Flow ⓘ	-0	11	-19	-4	-1	12	11	-10	12	-1

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	22.92	8.76	-8.3	-186.69	-70.37	-50.06	53.03	8.27	12.08	-6.21
ROCE (%)	19.7	9.56	0.99	7.66	8.58	5.66	12.44	10.68	10.33	5.25
Asset Turnover Ratio	1.01	0.63	0.31	0.31	0.31	0.36	0.45	0.45	0.41	0.33
PAT to CFO Conversion(x)	3.5	2.5	N/A	N/A	N/A	N/A	2.56	11	3.56	N/A
Working Capital Days
Receivable Days	10	15	32	44	55	31	16	14	13	17
Inventory Days	53	64	96	89	103	101	85	84	83	95
Payable Days	18	59	45	43	80	50	17	18	29	40

About Shri Keshav Cements & Infra Ltd

Katwa Udyog Limited, a Katwa Group company is engaged in manufacturing cement. It is the manufacturer of high strength Jyoti cement.

Shri Keshav Cement & Infra Ltd. (KCIL), formerly Katwa Udyog Limited) is public limited company incorporated in the year 1993 to manufacture 43 grade and 53 grade Ordinary Portland Cement. The company raised capital via IPO during 1995 to raise capital of Rs 512.42 lakh which was over subscribed by 12 times. The stocks are actively traded on the Bombay Stock Exchange. The company has posted profits since inception.

The company comes from a well reputed business group, which is into IT, Finance and Real estate. The other group companies are, Katwa Infotech Ltd, Katwa Construction Ltd and Katwa Finlease Ltd.

KCIL, is a public limited company with over 15 years in cement manufacturing and marketing. The company has posted profits since the inception and has been paying dividends regularly. The inception of the company began with acquisition of a sick cement plant of 20 TPD (Tons per day) in 1994. The capacity of the plant was gradually increased year after year to reach 600 TPD. The recent acquisition has added 300 TPD to the existing capacity. The company is undertaking an expansion project to increase the output to 3000 TPD which is One million TPA. On the financial side the company is confident to achieve 400% growth in FY-09 owing to the recent acquisition and recently concluded expansion plans.

The company stocks are traded as Katwa Udyog but board is currently in the process of changing the name to Shri. Keshav Cement & Infra. Ltd., so that the current activity of the company is correctly reflected in the name.

The company shares happiness of millions of people who have made their dream homes come true by using Jyoti cement. Jyoti cement takes every opportunity to present the benefits of technology and quality raw material to the people of Karnataka, the western coast, and the southern Maharashtra. The cement is manufactured by West German VSK technology, a technology known for producing high strength, quality cement. State of art technology, high-end communication and computerized network, specialized testing equipments and stringent quality checking policies ensure our customers a high quality, durable and economical OPC cement

Products manufactured by the company:

Jyoti Gold (43 Grade)

Ideally recommended for use in

Major irrigation works
Roads & Bridge construction
Dams and water reservoirs
Multistoried building projects
Mass concrete structures

Jyoti Power (53 Grade)

Jyoti power is the fast moving product. Major consumption is recorded in residential / domestic construction

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
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Shri Keshav Cements & Infra Ltd (530977) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Shri Keshav Cements Share Price