Shree Digvijay Cement Company Ltd (SHREDIGCEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 502180 | NSE: SHREDIGCEM | Cement & Construction Materials | Small Cap

Shree DigvijayCement Share Price

90 -0.08 -0.09%
as on 05-Dec'25 13:50

Shree Digvijay Cement Company Ltd (SHREDIGCEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 502180 | NSE: SHREDIGCEM | Cement & Construction Materials | Small Cap

DeciZen - make an informed investing decision on Shree DigvijayCement

Based on:

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Shree Digvijay Cement Company stock performance -

Key Ratios
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P/E Ratio (SA):
35.47
Market Cap:
1,332 Cr.
52-wk low:
61
52-wk high:
107.6

Is Shree Digvijay Cement Company Ltd an attractive stock to invest in?

1. Is Shree Digvijay Cement Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shree Digvijay Cement Company Ltd is a average quality company.

2. Is Shree Digvijay Cement Company Ltd undervalued or overvalued?

The key valuation ratios of Shree Digvijay Cement Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Shree Digvijay Cement Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shree Digvijay Cement Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shree DigvijayCement:

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.
Shree Digvijay Cement Company 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 % 6.2%-0.8%11.5%2.9%29.2%28.8%28.8%22.7%34.1%8.7%-
Value Creation
Index
-0.6-1.1-0.2-0.81.11.11.10.61.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 380315413436470503629725792725760
Sales YoY Gr.--17.2%31.3%5.6%7.7%7%25.2%15.2%9.2%-8.4%-
Adj EPS 0.5-0.610.243.73.845.91.72.5
YoY Gr.--222.9%NA-85%2560%-7%3%3.9%48.4%-72%-
BVPS (₹) 11.214.515.515.519.521.821.622.325.924.624.7
Adj Net
Profit
6.8-8.414.12.156.452.85557.786.824.538
Cash Flow from Ops. 16.930.6102-1.694.19557.38695.6135-
Debt/CF from Ops. 5.53.10.3-25.6000000.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%9.1%4.8%-8.4%
Adj EPS 14.7%-16.2%-24.4%-72%
BVPS9.1%4.7%4.4%-5%
Share Price 18.3% 8.1% 8.7% -2.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.3-4.26.70.922.71817.718.124.66.610.3
Op. Profit
Mgn %
9.12.711.86.121.52118.613.918.47.99.3
Net Profit
Mgn %
1.8-2.73.40.51210.58.78113.44.9
Debt to
Equity
0.60.50.10.2000000.30.3
Working Cap
Days
9214192848385858510613660
Cash Conv.
Cycle
27461247132532311714

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 10.30%

Sales growth has been subdued in last 3 years 4.84%

Net Profit has been subdued in last 3 years -24.41%

Sales growth is not so good in last 4 quarters at 4.04%

Latest Financials - Shree Digvijay Cement Company Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 2.5
TTM Sales (₹ Cr.) 760 760
BVPS (₹.) 24.7 24.7
Reserves (₹ Cr.) 217 218
P/BV 3.65 3.64
PE 35.47 35.49
From the Market
52 Week Low / High (₹) 61.01 / 107.60
All Time Low / High (₹) 0.47 / 281.83
Market Cap (₹ Cr.) 1,332
Equity (₹ Cr.) 147.9
Face Value (₹) 10
Industry PE 37.1

Management X-Ray of Shree DigvijayCement:

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 Shree DigvijayCement - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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No data found!

Key Ratios of Shree DigvijayCement

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
Sales476315413436470503629725792725
Operating Expenses 437307366410369398512624646668
Manufacturing Costs204146162201176183266341311308
Material Costs9258898467808999124146
Employee Cost 35262729343738394142
Other Costs 1077787969298120145170172
Operating Profit 398482710110511710114657
Operating Profit Margin (%) 8.1%2.4%11.6%6.1%21.5%20.9%18.6%13.9%18.4%7.9%
Other Income 612652647910
Interest 1311114221123
Depreciation 26222324252731353530
Exceptional Items 0000000000
Profit Before Tax 5-142137783887111835
Tax 0-57120293313309
Profit After Tax 5-9132565455588825
PAT Margin (%) 1.1%-2.9%3.2%0.5%12.0%10.7%8.8%8.0%11.1%3.5%
Adjusted EPS (₹)0.4-0.61.00.24.03.83.84.06.01.7
Dividend Payout Ratio (%)0%0%0%0%38%66%91%101%50%88%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 198204219220276310311324381363
Share Capital 141141141141141142144145147148
Reserves 57637778134168167179234215
Minority Interest0000000000
Debt1169625400000095
Long Term Debt00000000095
Short Term Debt116962540000000
Trade Payables543458534851636367131
Others Liabilities 562237366084898187106
Total Liabilities 424357338349384445462468535695

Fixed Assets

Gross Block367235239257276293336351372378
Accumulated Depreciation15118396287111139170201215
Net Fixed Assets 216217201194188182197182171163
CWIP 008109135739216
Investments 0000000022
Inventories977044586575127115133110
Trade Receivables1661214101113223218
Cash Equivalents 5324323674124831081450
Others Assets 4340413737413734144135
Total Assets 424357338349384445462468535695

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 2131102-29495578696135
PBT 5-142137783887111835
Adjustment 37283125262730303026
Changes in Working Capital -211652-294-1-371-2287
Tax Paid -11-2-1-13-14-24-17-30-12
Cash Flow From Investing Activity -33-29-12-4-14-97-40-37-61-164
Capex -37-23-15-17-16-28-35-21-59-183
Net Investments 0-90111-72-8-19-915
Others 4332233374
Cash Flow From Financing Activity 17-32-8112-42-21-56-50-3465
Net Proceeds from Shares 0000013241
Net Proceeds from Borrowing 000000000110
Interest Paid -13-12-10-3-2-1-1-1-1-1
Dividend Paid 00000-21-57-50-36-44
Others 30-20-7115-40-0-0-0-0-0
Net Cash Flow 5-308638-23-39-0136

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.68-4.496.330.9422.7818.4417.818.1724.896.77
ROCE (%)6.24-0.7711.522.8529.2228.7828.7722.7134.098.73
Asset Turnover Ratio1.330.91.221.31.321.241.431.611.651.25
PAT to CFO Conversion(x)4.2N/A7.85-11.681.761.041.481.095.4
Working Capital Days
Receivable Days101181197791212
Inventory Days54864942465057595558
Payable Days177277188241273226232231191247

Shree Digvijay Cement Company Ltd Stock News

Shree Digvijay Cement Company Ltd FAQs

The current trading price of Shree DigvijayCement on 05-Dec-2025 13:50 is ₹90.00.
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 Shree DigvijayCement stood at ₹1,332.
The latest P/E ratio of Shree DigvijayCement as of 04-Dec-2025 is 35.47.
The latest P/B ratio of Shree DigvijayCement as of 04-Dec-2025 is 3.65.
The 52-week high of Shree DigvijayCement is ₹107.6 and the 52-week low is ₹61.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree DigvijayCement is ₹760.5 ( Cr.) .

About Shree Digvijay Cement Company Ltd

Shree Digvijay Cement Co Ltd., established on November 6, 1949 at Sikka – Jamnagar and one of the pioneers in the Cement business, is a flagship company of the Cimpor Group. Cimpor acquired management control of the company in the year 2008.

Its basket of products includes special cements like Oil Well Cement, Sulphate Resisting Portland Cement and Railway Sleeper Manufacturing Cement in addition to other varieties of Ordinary Portland Cement etc. It has a fully computer controlled plant and has a production capacity of 1.30 million tones per annum.

Well connected by Road, Rail, Air, and Sea, Digvijay has its own port. Digvijay’s prolific experience in the domestic and international markets is now further honed with the Cimpor Group’s management skills and technology.

The company’s brand ‘Kamal Cement’ is a well-known name in the cement industry. They have a significant market share in Gujarat and internationally in SAARC countries, Middle East and East Africa.

The company backed by its prolific experience, management skills and commitment along with state of the art technology makes its products presence in the international business and quest to meet the requirement of discerning customers and a concrete ambition to build a stronger globe.

The company had successfully established its presence by exporting varieties of cement & cement clinker to the following countries: UAE, Somalia ,Yemen, Bangladesh , Qatar,  Srilanka, Iraq, Kuwait, Behrin, Philippines  and other SAARC and African countries

Product range of the company includes:

  • Ordinary Portland Cement 53 grade (OPC) as per BIS / BS / ASTM / SLS standards
  • Oridinary Portland Cement 43 grade (OPC)
  • Sulphate Resisting Portland Cement (SRPC)
  • Railway Sleeper Manufacturing Cement (53-S Grade OPC)
  • Oil Well Cement Class 'G' Grade HSR (as per API specifications 10A)
  • Portland Pozzolana Cement

Milestones:

  • 1944  Digvijay traces its origin on 6th November by Bangurs.
  • 1947  Started commercial production with 1 lakh M.T capacity per annum.
  • 1953  First expansion making total capacity to 2 lac M.T per annuam.
  • 1954  Construction of Aerial Ropeway, a unique system in the country for transportation of sea-sand from jetty to plant.
  • 1956  Second expansion to increase the production capacity to 4 lac M.T per annum.
  • 1957  Ropeway put into operation.
  • 1958  West Cost Paper Mills Ltd commissioned with financial help of Digvijay.
  • 1959  Clinker grinding plant commissioned at Mumbai known as “Bombay Cement Mill” with annual capacity of 1 lac M.T.
  • 1960  Asbestos Plant installed at Ahmedabad known as 'Asbestos Product Division.'
  • 1964  Ropeway system installed for transportation of clinker and cement directly to Ship from factory.
  • 1966  Commissioned Cement grinding unit at Ahmedabad known as Ahmedabad Cement Mill.
  • 1967  Enhancement of cement production capacity to 6 lac M.T per annum.
  • 1979  Beawar cement project initiated with financial help of Digvijay.
  • 1982  Amalgamation of Hastings Jute Mill, Shreeram Silk Mill and Relaxon.
  • 1984  Conversion of metre gauge line into broad gauge line.
  • 1985  Dry process plant commissioned          Lockout at Bombay Cement Mill. 
  • 1989  Digvijay become Sick and registered with BIFR first time.
  • 1992  Digvijay came out of BIFR through profit and Equity infusion.
  • 1994  Demerger of Fibre Product Division, Ahmedabd Cement Mill, Shreeram Silk Mill and Relaxon from Digvijay.
  • 1998  Hastings Jute Mills sold.                 

                - Grasim acquired management control of Digvijay

                - Digvijay became Sick second time.

  • 2000  Installation of captive power plant (DG Sets) and upgradation of Cement Mill to reduce cost.
  • 2001  Digvijay was badly affected in earthquake.
  • 2002  Downsizing of manpower through VRS.
  • 2007  Digvijay came out from BIFR.
  • 2008  Cimpor acquired management control of Digvijay.
  • 2013 Votorantime acquired management control of Digvijay.

Awards & Achievements:

National Awards won by Digvijay:

  • 1982- National Productivity Award
  • 1996- National productivity Award
  • 2003- National Energy Conservation Award 
  • 2004- National Energy Conservation Award
  • 2005- National Energy Conservation Award - Certificate of Merit
  • 2006-National Energy Conservation Award

Other Awards / Certifications

  • 1989- American Petroleum Institute Certification
  • 1996- ISO - 9002 Accreditation
  • 2002- Bharat Shell's Lubricant Excellency Award
  • 2003- Century International Quality Era Award in Gold Category
  • 2005- ISO 14001 (Environment Management System) Certification
  • 2005 OHSAS 18001 Certification  

Awards / Certificates on Export Front

  • 1994- Recognition as 'Export House' 1995 Golden Jubilee Year
  • 1995- Recognition of Merit for Meritorious Export Performance
  • 1997- Certificate of Merit for Export Achievement
  • 2005- Recognition as Two-star Export House by Ministry of Commerce, Govt. of India
  • 2005- CAPEXIL Special Export Award
  • 2006 CAPEXIL Special Export Award
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