Saurashtra Cement Ltd (SAURASHCEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 502175 | NSE: SAURASHCEM | Cement & Construction Materials | Small Cap

Saurashtra Cement Share Price

85.42 -1.01 -1.17%
as on 05-Dec'25 13:39

Saurashtra Cement Ltd (SAURASHCEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 502175 | NSE: SAURASHCEM | Cement & Construction Materials | Small Cap

DeciZen - make an informed investing decision on Saurashtra Cement

Based on:

Overall Rating
Login to view analysis. Bole Toh

1. Quality


Login to view analysis.

2. Valuation


Login to view analysis.

3. Price Trend


Login to view analysis.

Saurashtra Cement stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
27.92
Market Cap:
961.6 Cr.
52-wk low:
73.5
52-wk high:
128.5

Is Saurashtra Cement Ltd an attractive stock to invest in?


Login to view analysis.

10 Year X-Ray of Saurashtra Cement: Login to view analysis.

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Saurashtra Cement Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 27.6%7.5%12.3%-0.5%17.8%20.9%5.8%-2.1%10.1%2.6%-
Value Creation
Index
1.0-0.5-0.1-1.00.30.5-0.6-1.2-0.3-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5304705746226086741,4511,6451,7651,5381,665
Sales YoY Gr.--11.2%22%8.4%-2.2%10.8%115.4%13.4%7.3%-12.9%-
Adj EPS 6.128.9-1.19.910.23.3-46.20.13.1
YoY Gr.--67.5%347.7%-111.8%NA3.8%-67.5%-219.5%NA-98.1%-
BVPS (₹) 4452.260.15863.874149.2145.383.485.185.7
Adj Net
Profit
36.913.861.6-7.368.671.518.9-22.668.71.434
Cash Flow from Ops. 76.434.249.314.362.6134-8.421.315530.1-
Debt/CF from Ops. 0.30.50.42.30.40.2-12.230.54.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.6%20.4%2%-12.9%
Adj EPS -35.4%-58.6%-67%-98.1%
BVPS7.6%5.9%-17.1%2.1%
Share Price 2.1% 12.2% 12.1% -24.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
14.64.415.9-1.815.914.72.7-2.57.60.13.6
Op. Profit
Mgn %
126.48.80.818.2174.40.47.42.95.1
Net Profit
Mgn %
72.910.8-1.211.310.61.3-1.43.90.12.1
Debt to
Equity
0.10.100.10.100.10.10.10.10
Working Cap
Days
8797887691865475849562
Cash Conv.
Cycle
20139142228253325288

Recent Performance Summary

Login to view analysis.
Login to view analysis.

Latest Financials - Saurashtra Cement Ltd.

Standalone Consolidated
TTM EPS (₹) 3.1 3.1
TTM Sales (₹ Cr.) 1,665 1,665
BVPS (₹.) 85.7 85.7
Reserves (₹ Cr.) 842 842
P/BV 1.01 1.01
PE 27.92 27.93
From the Market
52 Week Low / High (₹) 73.51 / 128.50
All Time Low / High (₹) 6.00 / 4600.00
Market Cap (₹ Cr.) 962
Equity (₹ Cr.) 111.3
Face Value (₹) 10
Industry PE 37.1

Management X-Ray of Saurashtra Cement:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Saurashtra Cement - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios of Saurashtra Cement

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5304705746226086741,4511,6451,7651,538
Operating Expenses 4674415246174995591,3871,6401,6361,494
Manufacturing Costs246250269332264272831967887767
Material Costs4325304034164146167149
Employee Cost 3939414945459498112120
Other Costs 139127184195187200399429470459
Operating Profit 632950510911564613044
Operating Profit Margin (%) 11.9%6.3%8.7%0.8%18.0%17.0%4.4%0.3%7.3%2.8%
Other Income 131118881216133617
Interest 54355499814
Depreciation 13151818202033394742
Exceptional Items 10003-160-10-209
Profit Before Tax 692146-77710336-299014
Tax 257-16-2213014-7337
Profit After Tax 441463-5577221-22577
PAT Margin (%) 8.3%3.0%10.9%-0.8%9.3%10.7%1.5%-1.3%3.2%0.5%
Adjusted EPS (₹)5.62.09.0-0.78.110.43.8-3.95.20.6
Dividend Payout Ratio (%)18%49%11%0%21%17%0%0%39%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 267361416402444517845824926947
Share Capital 6069696970705757111111
Reserves 207292346333374447789767815836
Minority Interest0000000000
Debt191716302517935980126
Long Term Debt1234651151033
Short Term Debt18151326181382546993
Trade Payables27515263553784107204201
Others Liabilities 146162119100156172374366384331
Total Liabilities 4595906035966787441,3961,3571,5941,605

Fixed Assets

Gross Block5876496757067217321,4361,4741,5361,625
Accumulated Depreciation386332341358370386623643663694
Net Fixed Assets 201317334349351345813831872932
CWIP 40484337386178513131
Investments 19965480011
Inventories4858567810056186180263251
Trade Receivables141519163429597888101
Cash Equivalents 6470818010218820977249235
Others Assets 737363305057501399055
Total Assets 4595906035966787441,3961,3571,5941,605

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 7634491463134-82115530
PBT 692146-77710336-299014
Adjustment -4121021391731382433
Changes in Working Capital 241124-3930-651648-6
Tax Paid -12-10-9-3-14-16-11-3-8-10
Cash Flow From Investing Activity -24-25-37-15-38-121-3032-157-5
Capex -24-31-31-31-23-39-45-38-67-84
Net Investments -00-123-21-835860-10066
Others 1551351-42101013
Cash Flow From Financing Activity -65-7-123-23-1731-49327
Net Proceeds from Shares 9900002000
Net Proceeds from Borrowing -71123-2-8-12626
Interest Paid -5-3-3-4-3-3-8-8-7-12
Dividend Paid -12-7-7-7-12-6-40-11-11
Others -51-7-311-11-750-301424
Net Cash Flow -122021-4-75152

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)17.744.4816.1-1.1913.3815.073.15-2.666.530.75
ROCE (%)27.637.5212.29-0.4517.8320.885.8-2.0610.062.64
Asset Turnover Ratio1.351.010.991.060.980.971.391.231.241.01
PAT to CFO Conversion(x)1.732.430.78N/A1.111.86-0.38N/A2.724.29
Working Capital Days
Receivable Days10101010151711151721
Inventory Days39373539524130404458
Payable Days3105776355248,180407345240342496

Saurashtra Cement Ltd Stock News

Saurashtra Cement Ltd FAQs

The current trading price of Saurashtra Cement on 05-Dec-2025 13:39 is ₹85.42.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Saurashtra Cement stood at ₹961.6.
The latest P/E ratio of Saurashtra Cement as of 04-Dec-2025 is 27.92.
The latest P/B ratio of Saurashtra Cement as of 04-Dec-2025 is 1.01.
The 52-week high of Saurashtra Cement is ₹128.5 and the 52-week low is ₹73.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Saurashtra Cement is ₹1,665 ( Cr.) .

About Saurashtra Cement Ltd

Saurashtra Cement (SCL) is the flagship company of the Mehta Group, formed in 1956. SCL is one of the leading players in the Indian cement industry, manufacturing Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC). It also added Sulphate Resistant Cement (SRC) and Portland Slag Cement (PSC) to its product range. SCL markets cement under the brand name 'Hathi Cement'. The product is marketed in 50 kg bag, packed in HDPE/PP or paper bags. The product is identified in the market by a special greenish tinge to give superior finish on external surface. Keeping in tune with the recent market trends, the company has launched cement packed in 1 kg, 2 kg, 5 kg and 10 kg bags in the retail cement market under the brand name ‘Chhotu Hathi’.  SCL's plant at Ranvav in Gujarat state has a cement manufacturing capacity of 1.4 MTPA. The plant at Ranvav is a modern energy efficient dry process based plant comparable to international standards and makes use of latest machinery sourced from reputed international companies. The plant offers locational advantages because of its proximity to the Porbandar and Veraval/Okha ports. SCL thus has competitive access to the large export markets in the Middle East countries, Sri Lanka and Bangladesh by the economical sea route.  SCL's modernization scheme implemented in the past has paid the results. State-of-the-art equipment and control systems installed has led to capacity enhancement, reduction in power and fuel consumption and improvement in quality and emission levels.

Product range of the company includes:

  • Ordinary Portland Cement (OPC)
  • Pozzolana Portland Cement (PPC)
  • Sulphate Resistant Cement (SRC)
  • Portland Slag Cement (PSC)

Subsidiary:

Gujarat Sidhee Cement Limited (GSCL) was originally set up as a joint venture between the Gujarat Industrial Investment Corporation and The Mehta Group. GSCL’s plant uses the latest Dry Process Pre-calcination technology comparable to international standards. The state-of-the art plant makes use of machinery which is sourced from reputed international companies. The plant, operating at over 100% capacity, is also one of India's cost effective cement producers.

Awards & Achievements:

  • ISO 9002 Certification from RWTUV, Germany for Quality Systems.
  • ISO 14001 Certification from RWTUV, Germany for Environmental Management System.
  • National Productivity Award for Best Production Performance 1995-96.
  • National Productivity Award for Second Best Productivity in 1994-95, 1995-96 & 1996-97.
  • CAPEXIL Award for Export Recognition, 1995
  • Indira Gandhi National Memorial Award for Excellence in Indian Industry.
  • In addition to the above, the Company has received about 50 Awards from Indian Bureau of Mines and Director General of Mines Safety for Mining in relation to Pollution Control, Soil Management, Safety, Operations & Aforestation etc.
  • SCL is an ISO 9001:2000 company and recognized Export House in the country.
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.

×