29275.0000 -400.00 (-1.35%)
NSE Aug 29, 2025 15:31 PM
Volume: 63,260
 

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Shree Cements Ltd.
30 Apr 2018, 12:00AM
29275.00
-1.35%
Reliance Securities
Satisfactory Performance Despite Marred by Higher Freight Cost Shree Cement's (SCL) reported operational performance has come in below the expectation and is mainly marred by a substantial QoQ increase in freight cost/tonne (+6.6% QoQ). Reported EBITDA stood at Rs6.3bn (+12% YoY and +11% QoQ) as against our estimate of Rs6.7bn. Cement EBITDA/tonne came in at Rs958 as against Rs908 reported last year and Rs1,080 witnessed in previous quarter. Operating cost/tonne for cement stood at Rs3,200 (+8% YoY and +5% QoQ).Sales volume (including clinker) grew by 8.7% YoY and 21% QoQ to 6.44mnT, while power volume stood at 345 (-21% YoY and +26% QoQ). Net Profit grew by 31% YoY and 20% QoQ to...
Shree Cements Ltd. is trading above its 200 day SMA of 28735.8
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