Shree Digvijay Cement Share Price Target 2026, 2027, 2030, 2040, 2050
Shree Digvijay Cement Company manufactures and sells cement. The company has its main cement plant in Sikka, Jamnagar, where it produces different types of cement such as PPC, OPC, Oil Well Cement and other special cement products. Its cement is used to build houses, offices, roads, bridges, factories and other construction projects. The company has been working in the cement industry for many years and serves different types of customers. Its business mainly depends on construction activity, demand for cement, infrastructure development, production costs and the prices of raw materials.
What is Shree Digvijay Cement Ltd NSE: SHREDIGCEM?
Shree Digvijay Cement was established in 1944 in Digvijaygram and is owned by True North, a private equity firm. The company is a well-known Indian cement maker with a modern, fully automated plant and a production capacity of around 3 million tonnes per year. It makes different types of cement for construction and industrial work. Its main products include Kamal Cement, which offers OPC and PPC, as well as special cements such as Sulphate-Resisting Portland Cement and Oil Well Cement. The company’s API-certified Oil Well Cement is mainly used in oil and gas drilling projects. Its cement is also used for building homes, offices, roads, bridges, factories and other infrastructure.
In its early years, the company used the wet-process method to make cement. Calcareous sea sand was one of the main raw materials used at that time. The company initially sold its cement under the KAMAL brand. Over the years, it improved its technology and production methods. It has been in the cement business for many decades, making it one of the older cement companies in India. In 2026, its share price target would be ₹114, as per stock market analysts.
According to stock market analysts, its share price would be between ₹53 to ₹114 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 53 | 114 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 72 | 91 |
| फ़रवरी | 64 | 78 |
| मार्च | 53 | 69 |
| अप्रैल | 58 | 75 |
| मई | 69 | 80 |
| जून | 68 | 77 |
| जुलाई | 71 | 79 |
| अगस्त | 63 | 83 |
| सितंबर | 58 | 90 |
| अक्टूबर | 62 | 95 |
| नवंबर | 67 | 110 |
| दिसम्बर | 81 | 114 |
This company has its main operations in the Sikka and Jamnagar region of Gujarat. Its registered office is at Digvijaygram in Jamnagar district, and its main cement plant is located at Sikka, near Jamnagar. This location is useful because cement production needs a regular supply of raw materials, electricity and transport facilities. The company also has limestone mines that support its cement business. In 2027, its share price target would be ₹173, as per stock market analysts.
According to stock market analysts, its share price would be between ₹107 to ₹173 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 107 | 173 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 107 | 131 |
| फ़रवरी | 109 | 137 |
| मार्च | 112 | 142 |
| अप्रैल | 111 | 147 |
| मई | 118 | 150 |
| जून | 123 | 153 |
| जुलाई | 125 | 157 |
| अगस्त | 129 | 159 |
| सितंबर | 132 | 163 |
| अक्टूबर | 135 | 166 |
| नवंबर | 140 | 170 |
| दिसम्बर | 145 | 173 |
The main business of the company is making and selling cement. Cement is widely used to build houses, buildings, roads, bridges, factories and other infrastructure. The company makes different types of cement for different construction needs. Its production process includes making clinker and then using it to produce cement. The Sikka plant is the main centre of its manufacturing business. The company mainly sells its products in the Indian market. In 2028, its share price target would be ₹223, as per stock market analysts.
According to stock market analysts, its share price would be between ₹167 to ₹223 in 2028.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 167 | 223 |
It produces different types of cement for construction and industrial use. Its product range includes regular cement as well as special cement for specific requirements. Regular cement is used for common construction work, while special types are used when a project needs additional strength or other specific features. The company’s products include Ordinary Portland Cement and Portland Pozzolana Cement, along with speciality cement. In 2029, its share price target would be ₹271, as per stock market analysts.
According to stock market analysts, its share price would be between ₹218 to ₹271 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 218 | 271 |
The company also produces speciality cement for projects where normal cement may not be suitable. One of its products is Sulphate-Resisting Portland Cement. This cement is made for places where concrete may be exposed to sulphates. Sulphates can damage normal concrete over time, so this type of cement provides better protection in such conditions. SRPC can be useful in certain infrastructure and industrial projects. In 2030, its share price target would be ₹370, as per stock market analysts.
According to stock market analysts, its share price would be between ₹265 to ₹370 in 2030.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 265 | 370 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 265 | 288 |
| फ़रवरी | 269 | 298 |
| मार्च | 270 | 311 |
| अप्रैल | 273 | 317 |
| मई | 271 | 322 |
| जून | 275 | 325 |
| जुलाई | 274 | 331 |
| अगस्त | 279 | 340 |
| सितंबर | 283 | 348 |
| अक्टूबर | 290 | 356 |
| नवंबर | 300 | 363 |
| दिसम्बर | 321 | 370 |
The company’s main cement plant is located at Sikka near Jamnagar, Gujarat. This is an important part of its business because the company’s cement manufacturing takes place there. Company documents describe the plant as a computer-controlled facility with modern production systems. The plant’s production capacity has increased and changed over the years as the company improved its operations. According to the company’s FY2023-24 annual report, the Sikka plant had an installed capacity of 15 lakh tonnes per year. In 2040, its share price target would be ₹917, as per stock market analysts.
According to stock market analysts, its share price would be between ₹787 to ₹917 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 787 | 917 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 787 | 810 |
| फ़रवरी | 790 | 818 |
| मार्च | 788 | 825 |
| अप्रैल | 789 | 836 |
| मई | 792 | 840 |
| जून | 795 | 847 |
| जुलाई | 793 | 855 |
| अगस्त | 800 | 868 |
| सितंबर | 812 | 880 |
| अक्टूबर | 820 | 887 |
| नवंबर | 839 | 900 |
| दिसम्बर | 854 | 917 |
It mainly serves the Indian domestic market. Cement demand in India depends on activities such as house construction, commercial projects, road and bridge construction, industrial development and government infrastructure projects. Because the company mainly operates in India, its sales are closely linked to construction activity in the country. Higher construction and infrastructure spending can increase demand for cement, while lower construction activity can reduce demand. In 2050, its share price target would be ₹1575, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1426 to ₹1575 in 2050.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 1426 | 1575 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1426 | 1459 |
| फ़रवरी | 1430 | 1467 |
| मार्च | 1433 | 1475 |
| अप्रैल | 1432 | 1481 |
| मई | 1440 | 1489 |
| जून | 1447 | 1500 |
| जुलाई | 1445 | 1511 |
| अगस्त | 1452 | 1521 |
| सितंबर | 1468 | 1532 |
| अक्टूबर | 1479 | 1545 |
| नवंबर | 1490 | 1558 |
| दिसम्बर | 1521 | 1575 |
Should I buy Shree Digvijay Cement stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 53 | 114 |
| 2027 | 107 | 173 |
| 2028 | 167 | 223 |
| 2029 | 218 | 271 |
| 2030 | 265 | 370 |
| 2040 | 787 | 917 |
| 2050 | 1426 | 1575 |
The company has been in the cement business for many years, and its recent increase in sales is a positive sign. However, its profit has not grown at the same pace, which is a concern. The company has also taken on more debt, so investors need to keep an eye on its borrowings and interest costs. On the positive side, it has an established cement business, a range of products and could benefit from rising construction and infrastructure activity in India. If you are looking at it for the long term, it may be better to buy in small amounts over time and watch its profit, debt, cash flow and margins for the next few quarters.
Shree Digvijay Cement earnings results
| मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | Mar 2026 | टीटीएम | |
| बिक्री + | 503 | 629 | 725 | 792 | 725 | 749 | 890 |
| व्यय + | 397 | 512 | 624 | 646 | 668 | 679 | 814 |
| परिचालन लाभ | 106 | 117 | 101 | 146 | 57 | 71 | 76 |
| OPM % | 21% | 19% | 14% | 18% | 8% | 9% | 9% |
| अन्य आय + | 6 | 4 | 7 | 9 | 10 | 4 | 4 |
| ब्याज | 2 | 1 | 1 | 2 | 3 | 10 | 21 |
| व्याख्या | 27 | 31 | 35 | 35 | 30 | 31 | 35 |
| कर से पहले लाभ | 83 | 88 | 71 | 118 | 35 | 34 | 24 |
| कर | 35% | 37% | 19% | 26% | 27% | 26% | |
| नेट प्रॉफिट + | 54 | 55 | 58 | 88 | 25 | 25 | 18 |
| रुपये में ईपीएस | 3.79 | 3.84 | 3.97 | 5.95 | 1.70 | 1.69 | 1.22 |
| लाभांश भुगतान % | 66% | 91% | 101% | 50% | 88% | 59% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 59.30 | 2.94 | 1.38% | 25.24 | 3.22 | 1.37% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| Shree Digvijay Cement Co Ltd | 42.78 | 2.94 | 1.38% |
| अल्ट्राटेक सीमेंट लिमिटेड | 42.44 | 4.29 | 2.04% |
| ग्रासिम इंडस्ट्रीज लिमिटेड | 45.37 | 1.33 | 0.30% |
| अम्बुजा सीमेंट लिमिटेड | 22.28 | 1.47 | 0.47% |
Is Shree Digvijay Cement stock good to buy? (bull case & bear case)
बुल केस:
- It reported total income of ₹753.16 crore in FY26, compared with ₹735.04 crore in FY25.
- The company’s revenue from operations reached ₹749.10 crore in FY26, compared with ₹725.19 crore in FY25, representing around 3.3% growth.
- It earned a net profit of ₹25.00 crore in FY26, compared with ₹25.20 crore in FY25.
- Its cement sales volume increased to 14.03 lakh tonnes in FY26 from 13.72 lakh tonnes in FY25, showing continued demand for its products.
- The company’s EBITDA increased to ₹74.61 crore in FY26 from ₹67.06 crore in FY25, while EBITDA per tonne improved from ₹489 to ₹521, indicating some improvement in operating performance.
- The company showed strong improvement in Q4 FY26, with EBITDA rising to ₹25.10 crore from ₹3.84 crore in Q3 FY26.
भालू का मामला:
- Its net profit remained almost flat, falling slightly from ₹25.20 crore in FY25 to ₹25.00 crore in FY26. Investors will need to see stronger profit growth in the future.
- The company’s revenue grew only around 3.3% in FY26, despite an increase in cement sales volume, showing that cement prices and realisations remain important for future growth.
- It can face pressure when fuel, power and raw-material costs rise, as higher input costs can reduce its operating margins and profitability.
- The company’s latest Q1 FY27 results were weak on the profit front. Revenue increased 72.1% year-on-year to ₹337.27 crore, but net profit fell 50.5% to ₹6.82 crore.
निष्कर्ष
The company has been in the cement business for many years and has a well-established business, with growing sales volume and opportunities to benefit from rising construction and infrastructure demand in India. However, the company’s profit growth is still weak, as its FY26 net profit was almost the same as FY25, while its profit margins remain under pressure. Its higher debt and weak Q1 FY27 profit are also risks that investors should watch. On the positive side, higher cement sales, increased production capacity and better margins in the future could help the company grow its profits.
