- Shree Cement‘s net income for the fourth quarter was 5.56 billion rupees, which is a 16% decrease year-over-year but exceeded the estimated 5.21 billion rupees.
- Company revenue reached 52.4 billion rupees, a 3.4% increase compared to the previous year, surpassing the estimated 50.28 billion rupees.
- Total costs amounted to 46.5 billion rupees, representing a 4.7% increase year-over-year.
- Raw material costs decreased by 7.7% year-over-year to 4.79 billion rupees, below the estimated 5.27 billion rupees.
- Power and fuel expenses dropped by 19% year-over-year to 11.53 billion rupees, slightly above the estimated 11.17 billion rupees.
- Freight and forwarding expenses increased by 10% year-over-year to 11.56 billion rupees, compared to the estimate of 11.2 billion rupees.
- Other income rose 8.7% year-over-year, totaling 1.5 billion rupees.
- A dividend of 60 rupees per share was declared.
- Shree Cement‘s shares increased by 2.1%, reaching 30,775 rupees, with 72,516 shares traded.
- Market analysts provided 16 buy recommendations, 17 hold recommendations, and 9 sell recommendations for Shree Cement‘s stock.
A look at Shree Cement Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 5 | |
| 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 is positioned well for the long term based on a comprehensive analysis using Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing positive trends in its stock performance over time. This indicates that investors are increasingly interested in the company’s prospects, which bodes well for its future growth. Additionally, Shree Cement has a high resilience score of 4, suggesting that it has the ability to weather challenging market conditions and bounce back effectively.
While the company has moderate scores in value and growth, with scores of 2 in both categories, its solid dividend score of 3 indicates that it offers a stable income stream for investors. Overall, Shree Cement‘s outlook is optimistic, with its strengths in momentum and resilience positioning it favorably for the long term. As a manufacturer of cement and cement products primarily in Northern India, Shree Cement is likely to benefit from the growth in infrastructure and construction projects in the region.
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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