Cash flow Shree Cement Limited

Equities

SHREECEM

INE070A01015

Construction Materials

Market Closed - NSE India S.E. Other stock markets 12:40:31 13/09/2024 BST			5-day change	1st Jan Change
25,883.10 ^INR	-0.52%		+1.06%	-9.67%

08-31	Shreekant Somany Ceases to Be Independent Director of Shree Cement Limited	CI
08-30	Shree Cement Limited Receives Gst Demand Order from the Assistant Commissioner, State Tax, Mohali, Punjab	CI

08b9b54f967d6bb36.UEEIoI1mHgGAZm0LoYhsX6fREO3koKgrXzMXQhdor8k.OTtOzt8iam3XUCM_78shB5WBI6mJ8N90EnhNFSRa4K82JW3avgQrbeJSKA

Published financial data: SHREE CEMENT LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	129B	135B	150B	179B	205B
Total Revenues	129B	135B	150B	179B	205B
Cost of Goods Sold, Total	39.91B	37.02B	50.23B	78.85B	84.64B
Gross Profit	88.77B	97.74B	99.86B	99.67B	121B
Selling General & Admin Expenses, Total	35.28B	39.93B	42.12B	47.61B	52.15B
Provision for Bad Debts	-	-	500K	5.8M	15.1M
Depreciation & Amortization - (IS)	18.08B	12.62B	11.46B	16.61B	18.97B
Other Operating Expenses	15.85B	17.29B	20.68B	22.42B	23.25B
Other Operating Expenses, Total	69.22B	69.84B	74.27B	86.64B	94.39B
Operating Income	19.56B	27.9B	25.6B	13.02B	26.19B
Interest Expense, Total	-2.88B	-2.48B	-2.12B	-2.59B	-2.54B
Interest And Investment Income	2.17B	2.39B	3.22B	3.12B	2.77B
Net Interest Expenses	-714M	-92.8M	1.1B	534M	228M
Currency Exchange Gains (Loss)	-6.5M	-2.6M	26.2M	62.5M	10.4M
Other Non Operating Income (Expenses)	-13.4M	282M	-29.8M	-30.8M	-20.8M
EBT, Excl. Unusual Items	18.82B	28.09B	26.69B	13.59B	26.4B
Gain (Loss) On Sale Of Investments	507M	1.92B	2.17B	1.29B	3.11B
Gain (Loss) On Sale Of Assets	40.3M	43.7M	54.6M	166M	81.5M
Asset Writedown	-26.3M	-6.5M	-4M	-98.9M	-2M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	19.34B	30.04B	28.92B	14.95B	29.59B
Income Tax Expense	3.9B	7.14B	5.55B	2.26B	5.63B
Earnings From Continuing Operations	15.44B	22.9B	23.37B	12.69B	23.96B
Net Income to Company	15.44B	22.9B	23.37B	12.69B	23.96B
Minority Interest	-82.1M	-37.2M	-46.7M	15.6M	-4.6M
Net Income - (IS)	15.36B	22.86B	23.32B	12.71B	23.96B
Net Income to Common Incl Extra Items	15.36B	22.86B	23.32B	12.71B	23.96B
Net Income to Common Excl. Extra Items	15.36B	22.86B	23.32B	12.71B	23.96B
Per Share Items
Net EPS - Basic	435.35	633.54	646.31	352.18	663.98
Basic EPS - Continuing Operations	435.35	633.54	646.31	352.18	663.98
Basic Weighted Average Shares Outstanding	35.28M	36.08M	36.08M	36.08M	36.08M
Net EPS - Diluted	435.35	633.54	646.31	352.18	663.98
Diluted EPS - Continuing Operations	435.35	633.54	646.31	352.18	663.98
Diluted Weighted Average Shares Outstanding	35.28M	36.08M	36.08M	36.08M	36.08M
Normalized Basic EPS	331.11	485.49	461.12	235.86	457.25
Normalized Diluted EPS	331.11	485.49	461.12	235.86	457.25
Dividend Per Share	70	60	90	100	105
Payout Ratio	40.92	0.49	16.25	25.54	15.82
Supplemental Items
EBITDA	37.38B	40.3B	36.59B	28.87B	44.31B
EBITA	19.57B	27.91B	25.61B	13.04B	26.2B
EBIT	19.56B	27.9B	25.6B	13.02B	26.19B
EBITDAR	37.51B	40.43B	-	-	-
Total Revenues (As Reported)	131B	139B	156B	183B	211B
Effective Tax Rate - (Ratio)	20.17	23.78	19.2	15.11	19.03
Total Current Taxes	5.3B	7.65B	5.48B	2.52B	5.12B
Total Deferred Taxes	-1.35B	-405M	1.12B	1.28B	511M
Normalized Net Income	11.68B	17.52B	16.64B	8.51B	16.5B
Interest Capitalized	47.4M	-	37.1M	84.2M	7.3M
Interest on Long-Term Debt	63.2M	58.7M	78.1M	77.8M	112M
Non-Cash Pension Expense	6.6M	2M	-35.3M	-300K	1.1M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	26.62B	31.1B	32.99B	37.84B	41.51B
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	166M	215M	223M	258M	192M
Net Rental Expense, Total	123M	136M	-	-	-
Imputed Operating Lease Interest Expense	90.6M	95.97M	-	-	-
Imputed Operating Lease Depreciation	32.2M	40.33M	-	-	-
Maintenance & Repair Expenses, Total	3.24B	2.99B	3.93B	4.35B	5.83B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.14B	4.72B	1.49B	462M	2.62B
Short Term Investments	4.82B	3.68B	669M	712M	551M
Trading Asset Securities, Total	30.86B	36.13B	35.11B	33.82B	52.23B
Total Cash And Short Term Investments	36.83B	44.53B	37.26B	34.99B	55.41B
Accounts Receivable, Total	10.8B	6.86B	7.88B	12.12B	12.87B
Other Receivables	11.36B	11.02B	11.36B	10.89B	13.64B
Notes Receivable	78.7M	252M	253M	69.3M	36.4M
Total Receivables	22.24B	18.14B	19.49B	23.08B	26.54B
Inventory	17.13B	17.16B	24.97B	27.6B	35.55B
Prepaid Expenses	85.5M	118M	116M	134M	305M
Other Current Assets, Total	2.65B	1.93B	2.86B	3.88B	4.32B
Total Current Assets	78.94B	81.87B	84.7B	89.68B	122B
Gross Property Plant And Equipment	135B	146B	169B	205B	235B
Accumulated Depreciation	-62.22B	-74.62B	-86.05B	-103B	-121B
Net Property Plant And Equipment	73.07B	71.53B	82.79B	102B	114B
Long-term Investments	32.89B	47.18B	55.25B	53.07B	22.92B
Goodwill	-	-	-	-	-
Other Intangibles, Total	532M	602M	572M	747M	1.23B
Loans Receivable Long-Term	540M	621M	43.5M	36.7M	34.1M
Deferred Tax Assets Long-Term	7.44B	7.86B	6.74B	6.82B	6.58B
Other Long-Term Assets, Total	6.04B	5.47B	7.39B	10.95B	12.67B
Total Assets	199B	215B	237B	263B	280B
Liabilities
Accounts Payable, Total	6.58B	8.83B	8.9B	11.96B	12.14B
Accrued Expenses, Total	2.88B	9.26B	8.62B	8.59B	12.7B
Short-term Borrowings	7.1B	5.09B	3.2B	9.72B	4.76B
Current Portion of Long-Term Debt	8.14B	2.94B	3.95B	9.87B	2.86B
Current Portion of Leases	145M	121M	274M	472M	390M
Current Income Taxes Payable	634M	681M	3.14B	3.14B	3.97B
Unearned Revenue Current, Total	-	-	-	-	32.3M
Other Current Liabilities	8.61B	10.09B	18.77B	23.56B	24.42B
Total Current Liabilities	34.08B	37.01B	46.86B	67.32B	61.28B
Long-Term Debt	17.84B	13.32B	12.98B	5.81B	7.13B
Long-Term Leases	924M	840M	876M	1.38B	1.42B
Unearned Revenue Non Current	-	-	-	-	61.9M
Pension & Other Post Retirement Benefits	280M	241M	216M	252M	219M
Deferred Tax Liability Non Current	1.7M	-	-	-	289M
Other Non Current Liabilities	13.94B	9.24B	1.44B	1.81B	1.7B
Total Liabilities	67.06B	60.65B	62.38B	76.57B	72.09B
Common Stock, Total	361M	361M	361M	361M	361M
Additional Paid In Capital	24.09B	24.09B	24.09B	24.09B	24.09B
Retained Earnings	105B	128B	148B	157B	177B
Comprehensive Income and Other	1.96B	1.25B	2.29B	4.7B	5.14B
Total Common Equity	132B	154B	175B	186B	207B
Minority Interest	688M	512M	503M	406M	411M
Total Equity	132B	154B	175B	187B	207B
Total Liabilities And Equity	199B	215B	237B	263B	280B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	36.08M	36.08M	36.08M	36.08M	36.08M
ECS Total Common Shares Outstanding	36.08M	36.08M	36.08M	36.08M	36.08M
Book Value / Share	3.65K	4.27K	4.84K	5.17K	5.74K
Tangible Book Value	131B	153B	174B	186B	206B
Tangible Book Value Per Share	3.64K	4.25K	4.82K	5.14K	5.7K
Total Debt	34.14B	22.3B	21.29B	27.25B	16.56B
Net Debt	-2.69B	-22.23B	-15.97B	-7.74B	-38.85B
Debt Equivalent of Unfunded Proj. Benefit Obligation	262M	218M	188M	210M	191M
Debt Equivalent Oper. Leases	982M	1.09B	-	-	-
Minority Interest, Total (Incl. Fin. Div)	688M	512M	503M	406M	411M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.06B	1.37B	1.52B	1.34B	1.58B
Inventories - Work In Process, Total	1.96B	1.7B	3.33B	3.86B	4.46B
Inventories - Finished Goods, Total	1.09B	834M	1.02B	1.29B	1.58B
Inventories - Others	13.03B	13.26B	19.11B	21.11B	27.94B
Land - (BS)	12.27B	14.52B	18.05B	20.35B	24.15B
Buildings, Total	11.29B	12.32B	13.82B	15.65B	17.22B
Machinery, Total	94.6B	104B	120B	131B	164B
Full Time Employees	6.18K	6.26K	6.44K	6.45K	7.07K
Accumulated Allowance for Doubtful Accounts (Supple)	132M	334M	405M	439M	433M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	15.36B	22.86B	23.32B	12.71B	23.96B
Depreciation & Amortization - CF	18.01B	12.56B	11.4B	16.55B	18.86B
Amortization of Goodwill and Intangible Assets - (CF)	13.5M	13.5M	13.3M	14.4M	17.8M
Depreciation & Amortization, Total	18.02B	12.58B	11.42B	16.56B	18.88B
Amortization of Deferred Charges, Total - (CF)	57.6M	46.8M	41.8M	45.2M	95.1M
(Gain) Loss From Sale Of Asset	-40.3M	-43.7M	-54M	-166M	-99.2M
(Gain) Loss on Sale of Investments - (CF)	-507M	-1.92B	-2.17B	-1.29B	-3.11B
Asset Writedown & Restructuring Costs	26.3M	6.5M	4M	98.9M	2M
Provision and Write-off of Bad Debts	43.5M	206M	60.4M	7.6M	3.7M
Other Operating Activities, Total	-154M	-404M	2.54B	-1.76B	1B
Change In Accounts Receivable	565M	4.17B	-996M	-6.06B	-4.56B
Change In Inventories	1.81B	-89.7M	-7.72B	-2.35B	-7.9B
Change In Accounts Payable	4.55B	5.13B	242M	7.9B	5.22B
Cash from Operations	39.73B	42.54B	26.68B	25.69B	33.47B
Capital Expenditure	-15.31B	-11.21B	-22.16B	-32.91B	-31.4B
Sale of Property, Plant, and Equipment	44.3M	54.6M	88M	353M	308M
Cash Acquisitions	-	-300K	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-134M	-132M	-23.8M	-231M	-600M
Investment in Marketable and Equity Securities, Total	-42.49B	-17.2B	-2.12B	4.83B	13.99B
Other Investing Activities, Total	1.91B	2.04B	2.7B	3.82B	3.52B
Cash from Investing	-55.99B	-26.45B	-21.51B	-24.14B	-14.18B
Short Term Debt Issued, Total	3.05B	-	-	7.13B	207M
Long-Term Debt Issued, Total	-	-	3.22B	1.94B	6.99B
Total Debt Issued	3.05B	-	3.22B	9.06B	7.19B
Short Term Debt Repaid, Total	-750M	-1.89B	-1.89B	-727M	-5.13B
Long-Term Debt Repaid, Total	-1.12B	-7.72B	-3.89B	-5.27B	-13.17B
Total Debt Repaid	-1.87B	-9.61B	-5.77B	-5.99B	-18.3B
Issuance of Common Stock	23.83B	-	-	-	-
Common Dividends Paid	-6.28B	-111M	-3.79B	-3.25B	-3.79B
Common & Preferred Stock Dividends Paid	-6.28B	-111M	-3.79B	-3.25B	-3.79B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-2.91B	-2.61B	-2.15B	-2.59B	-2.2B
Cash from Financing	15.81B	-12.33B	-8.49B	-2.77B	-17.1B
Foreign Exchange Rate Adjustments	84.4M	-58.1M	84.9M	91M	5.9M
Net Change in Cash	-360M	3.7B	-3.24B	-1.13B	2.2B
Supplemental Items
Cash Interest Paid	2.89B	2.54B	2.09B	2.59B	2.2B
Cash Income Tax Paid (Refund)	4.86B	7.45B	2.01B	3.33B	4.44B
Levered Free Cash Flow	16.74B	26.58B	-3B	-9.44B	-4.27B
Unlevered Free Cash Flow	18.54B	28.13B	-1.67B	-7.82B	-2.68B
Change In Net Working Capital	-3.69B	-9.42B	6.95B	-575M	6.01B
Net Debt Issued / Repaid	1.18B	-9.61B	-2.55B	3.07B	-11.11B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.9	8.41	7.07	3.25	6.03
Return on Total Capital	8.34	10.16	8.57	3.97	7.47
Return On Equity %	13.44	15.96	14.18	7.01	12.16
Return on Common Equity	13.45	16	14.19	7.04	12.18
Margin Analysis
Gross Profit Margin %	68.98	72.53	66.53	55.83	58.76
SG&A Margin	27.42	29.63	28.06	26.67	25.41
EBITDA Margin %	29.05	29.9	24.38	16.17	21.59
EBITA Margin %	15.21	20.71	17.06	7.3	12.77
EBIT Margin %	15.2	20.7	17.05	7.3	12.76
Income From Continuing Operations Margin %	12	16.99	15.57	7.11	11.68
Net Income Margin %	11.94	16.96	15.54	7.12	11.67
Net Avail. For Common Margin %	11.94	16.96	15.54	7.12	11.67
Normalized Net Income Margin	9.08	13	11.08	4.77	8.04
Levered Free Cash Flow Margin	13.01	19.72