Latest news with #ShreeCements
Business Upturn
04-08-2025
- Business
- Business Upturn
Top Q1 results today, August 4: Shree Cements, Aurobindo Pharma, DLF, Marico, Godfrey Phillips and more to announce earnings
By Aman Shukla Published on August 4, 2025, 08:16 IST A busy earnings day is lined up for Monday, August 4, 2025, with over 190 listed companies scheduled to release their financial results for the first quarter of FY26. The announcements span across multiple sectors, offering a snapshot of how Indian businesses have performed during the April–June period. Among the key names reporting today are Shree Cements, Aurobindo Pharma, DLF, Marico, Bosch, and Siemens Energy India. These companies operate in core sectors including infrastructure, pharmaceuticals, consumer goods, automotive, and energy—making their quarterly numbers closely watched by investors and analysts. Other significant companies releasing earnings include Aditya Birla Capital, Godfrey Phillips India, Tata Investment Corporation, Escorts Kubota, and Sona BLW Precision Forgings. The earnings calendar also features several mid-sized and emerging players such as Mindspace Business Parks REIT, OneSource Specialty Pharma, Kansai Nerolac Paints, Akzo Nobel India, Triveni Turbine, Ather Energy, Tbo Tek, and Inox India. Pharma and healthcare firms like Sanofi Consumer Healthcare India and Sun Pharma Advanced Research Company (SPARC) are also on the list, along with industrial and consumer-focused companies like Crizac, Oswal Pumps, Globus Spirits, Ramco Industries, Delta Corp, and Stove Kraft. Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions. Ahmedabad Plane Crash Aurobindo PharmaDLFGodfrey PhillipsMaricoQ1 resultsShree Cements Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
17-06-2025
- Business
- Time of India
Buy Shree Cements, target price Rs 35,330: ICICI Securities
ICICI Securities has a buy call on Shree Cements with a target price of Rs 35,330. The current market price of Shree Cements Ltd. is Rs 29,659.9. Shree Cements, incorporated in 1979, is a Large Cap company with a market cap of Rs 106958.49 crore, operating in the Cement sector. Shree Cements Ltd. key Products/Revenue Segments include Cement & Clinker, Power, Traded Goods, Other Operating Revenue and Scrap for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 5689.95 crore, up 21.49% from last quarter Total Income of Rs 4683.46 crore and up 1.93% from last year same quarter Total Income of Rs 5582.44 crore. The company has reported net profit after tax of Rs 574.99 crore in the latest quarter. The company's top management includes Mr.H M Bangur, Bangur, Akhoury, Ahmed, Somany, Kumar Roongta, Ghurka, Krishnaji Shelgikar. Company has B R Maheshwari & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 4 crore shares outstanding. Investment Rationale Shree Cement?s (SRCM) FY26 playbook, as articulated by Chairman Mr H M Bangur, seems decisive and leaves little room for ambiguity. Prioritising ?value over volume?, SRCM has guided: 1) 2?3% volume growth vs. 7?8% estimated for industry; 2) a target EBITDA/t of INR 1,400 ? being broadly at par with Q4FY25 (FY25 stood Rs 1,070/t). The volume guidance corroborates our channel-check findings viz., SRCM restraining its volume-push and focussing not just on higher pricing, but also on narrowing the gap with larger peers. Further, cash-rich SRCM has hinted at a special reward for shareholders in year 2025 (incidentally marks SRCM?s 40th anniversary since commencing operations). By and large, the company?s stance (value over volume) is in sync with our Dec?24 sector upgrade hypothesis of a pronounced tapering in industry-wide competitive intensity. The improving margin outlook for the sector keeps us as enthused as before; maintain BUY with an unchanged target price of Rs 35,330. Promoter/FII Holdings Promoters held 62.55 per cent stake in the company as of 31-Mar-2025, while FIIs owned 9.7 per cent, DIIs 15.06 per cent.
