SAURASHCEM
Saurashtra Cement financials
- Market cap
- ₹611 Cr
- Sector
- Construction Materials
Quarterly results
Q1 FY27: revenue up 7.8%, net profit down 45.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 296 | 378 | 478 | 424 | 386 +30% | 410 +9% | 447 −7% | 457 +8% |
| EBITDA | -40 | 8 | 53 | 35 | -10 +76% | 1 −88% | 26 −50% | 21 −40% |
| Net profit | -31 | -4 | 33 | 17 | -11 +65% | -10 −136% | 19 −43% | 9 −46% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −52.5% 1Y
1Y: ₹115.29 on 10 Sept 2025 → ₹54.76. High ₹115.29 (10 Sept 2025), low ₹48.22 (30 Mar 2026).
Financials, as filed
Revenue grew 0.4% a year over 3 years, FY23 to FY26. Operating margin widened to 3.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.6k Cr | ₹1.8k Cr | ₹1.5k Cr | ₹1.7k Cr |
| Operating profit | ₹6 Cr | ₹130 Cr | ₹44 Cr | ₹52 Cr |
| Operating margin | 0.4% | 7.4% | 2.8% | 3.2% |
| Interest | ₹10 Cr | ₹8 Cr | ₹14 Cr | ₹10 Cr |
| Depreciation | ₹39 Cr | ₹47 Cr | ₹42 Cr | ₹44 Cr |
| Net profit | ₹-23 Cr | ₹57 Cr | ₹7 Cr | ₹14 Cr |
| Net margin | -1.4% | 3.2% | 0.5% | 0.9% |
| Cash from operations | ₹21 Cr | ₹155 Cr | ₹30 Cr | ₹36 Cr |
| Free cash flow | ₹-17 Cr | ₹88 Cr | ₹-54 Cr | ₹8 Cr |
| ROCE | -2.0% | 12.0% | 2.0% | 3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹70 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr |
| Reserves | ₹453 Cr | ₹794 Cr | ₹771 Cr | ₹817 Cr | ₹842 Cr | ₹850 Cr |
| Borrowings | ₹22 Cr | ₹104 Cr | ₹66 Cr | ₹85 Cr | ₹66 Cr | ₹107 Cr |
| Other liabilities | ₹181 Cr | ₹388 Cr | ₹409 Cr | ₹558 Cr | ₹559 Cr | ₹519 Cr |
| Total liabilities | ₹726 Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.6k Cr | ₹1.6k Cr | ₹1.6k Cr |
| Fixed assets | ₹345 Cr | ₹813 Cr | ₹831 Cr | ₹872 Cr | ₹929 Cr | ₹908 Cr |
| Capital work in progress | ₹61 Cr | ₹78 Cr | ₹51 Cr | ₹31 Cr | ₹35 Cr | ₹37 Cr |
| Investments | ₹8 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹312 Cr | ₹505 Cr | ₹475 Cr | ₹667 Cr | ₹614 Cr | ₹642 Cr |
| Total assets | ₹726 Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.6k Cr | ₹1.6k Cr | ₹1.6k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 49,179.
- Promoters
- 66.6%
- FIIs
- 0.1%
- DIIs
- 0.1%
- Public
- 33.2%
Since Jun 2025
- Promoters −0.07 pp
- FIIs +0.06 pp
- Public +0.02 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 67.1%, DIIs 0.3%, Public 32.6%.Dec '23: Promoters 67.1%, DIIs 0.4%, Public 32.5%.Mar '24: Promoters 67.0%, DIIs 0.4%, Public 32.7%.Jun '24: Promoters 66.9%, FIIs 0.0%, DIIs 0.4%, Public 32.7%.Sep '24: Promoters 66.8%, FIIs 0.0%, DIIs 0.4%, Public 32.8%.Dec '24: Promoters 66.8%, FIIs 0.0%, DIIs 0.4%, Public 32.8%.Mar '25: Promoters 66.7%, FIIs 0.0%, DIIs 0.4%, Public 32.9%.Jun '25: Promoters 66.7%, FIIs 0.0%, DIIs 0.1%, Public 33.1%.Sep '25: Promoters 66.7%, FIIs 0.0%, DIIs 0.1%, Public 33.1%.Dec '25: Promoters 66.7%, FIIs 0.2%, DIIs 0.1%, Public 33.0%.Mar '26: Promoters 66.6%, FIIs 0.2%, DIIs 0.1%, Public 33.1%.Jun '26: Promoters 66.6%, FIIs 0.1%, DIIs 0.1%, Public 33.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Saurashtra Cement Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mehta Investments Mauritius Limited | 18.63% | unchanged |
| The Mehta International Mauritius Limited | 15.23% | unchanged |
| Galaxy Technologies Private Limited | 14.57% | unchanged |
| Omna Enterprises Llp | 9.46% | unchanged |
| Gujarat Industrial Investment Corporation Limited | 4.60% | unchanged |
| Toro Managers Limited | 2.21% | unchanged |
| Arjun Jay Mehta | 1.51% | unchanged |
| Janhavi Mehta | 1.49% | unchanged |
| Promilla Subhashchandra Khanna | 0.49% | unchanged |
| Arja Shridhar | 0.18% | unchanged |
| Anandita Sudhir Shah | 0.08% | unchanged |
| Medhavini Dhirendra Mehta | 0.08% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Saurashtra Cement Limited
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