- Shree Cement‘s net income for the first quarter stands at 6.19 billion rupees, marking a significant 95% increase compared to last year.
- Market estimates anticipated net income at 5.27 billion rupees, making the reported earnings substantially higher than expected.
- The company’s revenue reached 49.5 billion rupees, showing a modest growth of 2.5% year-over-year, though slightly below the estimated 51.47 billion rupees.
- Total costs for Shree Cement fell to 43.2 billion rupees, a decrease of 6.5% compared to the previous year.
- Raw material costs were reduced by 12% year-over-year, coming in at 4.18 billion rupees, lower than the estimated 5.34 billion rupees.
- Expenses related to power and fuel saw a decline of 18%, totaling 11.5 billion rupees, which was marginally below expectations of 11.57 billion rupees.
- Freight and forwarding expenses decreased by 3.6%, amounting to 10.8 billion rupees, below the forecast of 11.4 billion rupees.
- Other income surged by 49% year-over-year, reaching 2.01 billion rupees.
- Investment sentiment around Shree Cement is mixed, with 16 analyst buys, 17 holds, and 12 sells.
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A look at Shree Cement Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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. shows a promising long-term outlook based on the Smartkarma Smart Scores evaluation. With a strong Resilience score of 4, the company demonstrates a high ability to weather market fluctuations and challenges. This indicates a solid foundation for steady performance even in volatile conditions. Additionally, both the Value and Dividend scores sit at a respectable 3, reflecting a balanced approach to financial health and shareholder returns.
While the Growth and Momentum scores are slightly lower at 2 and 3 respectively, Shree Cement‘s overall outlook remains positive. The company’s core focus on manufacturing cement and products in Northern India under its branded names underscores its commitment to the local market. Investors may find Shree Cement an attractive option for its combination of stability, value, and resilience 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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