AI Summary
✦ ClarthaShree Cement is an Indian cement and clinker manufacturer selling OPC, PPC, PSC, and composite cement under the Bangur brand. Ready-mix concrete and aerated concrete blocks add building-material revenue, while 1,137MW of thermal, renewable, and waste-heat power supports production economics. Revenue grew 8.5% year-on-year, while a 10% revenue forecast beat prompted estimate upgrades and may support improving margins. ROE is unavailable, preventing a direct return-quality assessment; however, 55.3% profit growth exceeds revenue growth, consistent with margin expansion. Debt/equity of 38.15 indicates extreme leverage, magnifying both reported returns and downside sensitivity. At 57.5x earnings, the shares look rich and trade at a premium to 8.5% revenue growth. The key open question is whether power integration and margin gains can justify this valuation despite elevated balance-sheet risk.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 37 analysts
Fundamentals
Fundamentals institutional score is 74 using growth durability 73.8.
Valuation
Valuation institutional score is 53 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 51 using mean target upside 9.5%; dispersion penalty 16.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 64 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 3.1% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.57). Confidence: 92%.
Live forward EPS implies next-12-month EPS of ₹689.48. Applying the stock's normalized valuation corridor produces a fair range of ₹38,410.93 to ₹42,368.55, with base value near ₹40,100.16 (+57.3% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹689.48
Forward P/E
37.0x
Base Fair Value
₹40,100.16
Fair Range
₹38,410.93 - ₹42,368.55
Upside To Base
+57.3%
Estimate Source
Live forward EPS
Growth Estimate
+3.4%
5Y Average
56.44
Current
56.33
Overvalued
61.45
Undervalued
55.71
5Y Average
32.97
Current
32.91
Overvalued
35.09
Undervalued
30.87
5Y Average
4.46
Current
9.98
Overvalued
5.12
Undervalued
3.79
Peers & Comparison
Sector: Materials · Theme: Cement
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
ULTRATECH CEMENT LIMITED ULTRACEMCOCement | +15.9% | 9.3% | 41.7x Premium | +15% vs avg | -3.3% |
JK CEMENT LIMITED JKCEMENTCement | +28.0% | 6.6% | 44.1x Premium | +21% vs avg | -23.4% |
ACC LIMITED ACCCement | -3.8% | 7.6% | 13.4x Undervalued | -63% vs avg | -23.8% |
GRASIM INDUSTRIES LTD GRASIMCement | +10.5% | 2.8% | 46.2x Premium | +27% vs avg | +23.4% |
SHREE CEMENT LIMITED trades at a premium (56.3x vs peer avg 36.4x), implying higher growth or quality expectations from the Cement cohort. Peers include ULTRATECH CEMENT LIMITED, JK CEMENT LIMITED, ACC LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹4.42K CrDec 2025Latest net profit
₹279 CrDec 2025Latest EPS
₹77.22Dec 2025Net margin
6.2%Dec 2025Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,785 | 4,971 | 4,560 | 4,873 | 5,073 | 4,835 | 3,727 | 4,235 | 5,240 | 4,948 | 4,303 | 4,416 |
| Expenses | 3,893 | 4,038 | 3,690 | 3,639 | 3,745 | 3,918 | 3,134 | 3,289 | 3,859 | 3,719 | 3,452 | 3,556 |
| Operating Profit | 451 | 624 | 539 | 887 | 699 | 274 | -76.12 | 197 | 634 | 677 | 296 | 274 |
| OPM % | 9.42% | 12.56% | 11.81% | 18.2% | 13.78% | 5.66% | -2.04% | 4.65% | 12.11% | 13.68% | 6.89% | 6.19% |
| Other Income | 135 | 162 | 126 | 135 | 138 | 135 | 178 | 115 | 150 | 201 | 157 | 127 |
| Interest | 72.61 | 75.33 | 68.13 | 56.11 | 64.76 | 57.3 | 56.7 | 52.86 | 41.69 | 44.56 | 50.72 | 57.66 |
| Depreciation | 442 | 308 | 331 | 347 | 628 | 643 | 669 | 750 | 747 | 552 | 555 | 587 |
| Profit before tax | 513 | 710 | 597 | 966 | 772 | 351 | 44.76 | 259 | 743 | 833 | 403 | 342 |
| Tax % | 32.89% | 18.21% | 17.63% | 24.02% | 14.31% | 9.44% | -108.07% | 11.42% | 25.15% | 25.76% | 31.18% | 18.65% |
| Net Profit | 344 | 581 | 491 | 734 | 662 | 318 | 93.13 | 229 | 556 | 619 | 277 | 279 |
| EPS in Rs | 151.39 | 161.06 | 136.18 | 203.49 | 183.41 | 88.06 | 25.81 | 63.58 | 154.09 | 171.42 | 76.81 | 77.22 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.