- Shree Cement‘s 4Q net income stands at 6.62 billion rupees, representing a 21% increase year on year, surpassing estimates of 6.11 billion rupees.
- The company’s revenue has also increased by 6.5% year on year to 51 billion rupees, slightly above the estimated 50.6 billion rupees.
- Total costs incurred by the company are recorded as 44.7 billion rupees, marking an increase of 1.4% from the previous year.
- Raw material costs experienced a slight increase of 4.5% from the previous year, amounting to 4.18 billion rupees, which is less than the estimated 4.41 billion rupees.
- The power and fuel expenses have notably decreased by 7.6% year on year to 14.5 billion rupees, surprisingly higher than the estimated expense of 13.74 billion rupees.
- Freight and forwarding expenses are 10.5 billion rupees, indicating a 1.9% increase from the last year, less than the estimated 10.74 billion rupees.
- The company has declared a dividend per share of 55 rupees.
- Other income realized by the company is 1.38 billion rupees, marking a 2.2% increase year on year.
- Shree Cement has received 16 buys, 15 holds, and 12 sells in the market.
A look at Shree Cement Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Shree Cement Ltd., a company specializing in cement manufacturing, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With a respectable score of 3 in both value and dividend categories, Shree Cement demonstrates a balanced approach towards providing value to investors while also considering dividend payouts. This suggests the company is financially stable and has potential for steady growth in the future.
Furthermore, Shree Cement excels in resilience with a high score of 5, indicating its ability to withstand economic downturns and market uncertainties. Although its momentum score is lower at 2, the company’s strong foundation in resilience implies a solid position to weather market fluctuations and emerge stronger in the long run. Overall, Shree Cement‘s consistent growth score of 3 coupled with its robust resilience score positions it favorably for sustained performance and potential opportunities in the cement industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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