SHREE CEMENT LIMITED has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2025.
SHREECEM · price
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Shree Cement's board approved audited financial results for Q4 and FY ended March 31, 2025, along with a final dividend of Rs. 60 per share (in addition to the Rs. 50 interim dividend already paid). Standalone revenue from operations fell to Rs. 18,037 crore in FY25 from Rs. 19,477 crore in FY24, a decline of about 7.4%. Net profit dropped sharply to Rs. 1,196 crore from Rs. 2,468 crore, with EPS falling to Rs. 331.54 from Rs. 684.14. EBITDA for the year came in at Rs. 4,414 crore versus Rs. 4,925 crore, and net profit margin compressed from 13% to 7%. Q4 standalone revenue grew modestly to Rs. 5,240 crore while EBITDA rose to Rs. 1,531 crore. The auditor (B R Maheswari & Co LLP) issued an unmodified opinion on both standalone and consolidated results. The company also commissioned/expanded cement and clinker capacity in Rajasthan, Uttar Pradesh, and Chhattisgarh during the period.
Despite healthy capacity expansion and a strong total dividend payout of Rs. 110 per share for FY25, the sharp year-on-year fall in profit and margins (driven mainly by higher depreciation from new assets and elevated power and freight costs) is likely to weigh on near-term investor sentiment. The balance sheet remains strong with a debt-to-equity ratio of just 0.04 and operating cash flow of over Rs. 1,000 crore.