Are you finding the future prediction of Shree Cement Ltd for the upcoming years 2022, 2023, 2024, 2025, and 2030? If yes then you are reading the best article and never need to search again about it if you read the full article carefully.
I am a share market expert and I have the experience of last 5 years. I am writing this article after analyzing the annual report, quarterly report, and many fundamental aspects. Let’s start.
Shree Cement not only Manufacture Cement through which they rule the market cement industry in the north India region. They are also involved in the production of power through which they provide power to their own states and their bordered states. They have two power plants one is named Shree Power which is a Captive Power Plant and the second one is named Shree Mega Power which is an Independent Power Plant.
Shree Cement Ltd Quarterly Report Analysis
In the first quarter of the financial year, 2021 Shree Cement made net sales of around Rs.3,449.49 Cr. and they make profit in this quarter is around Rs.661.72 Cr. after paying all the taxes. In the second quarter of the year 2021, they make net sales of around Rs.3,205.87 Cr. and make a profit of about Rs.577.70 Cr.
In the third quarter of the fiscal year, 2021 company made sales of around Rs.3,551.76 Cr. and make a profit of about Rs.491.99 Cr. after paying all the taxes. In the last quarter of 2021 company made sales around Rs.4,098.76 Cr. and make a profit of about Rs.645.21 Cr. In the first quarter of the year, 2022 company make sales of around Rs.4,202.69 Cr. make profit out of it around Rs.315.55 Cr. in that same quarter after paying all the essential taxes.
Shree Cement Ltd Annual Report Analysis
The company makes net sales of Rs.8,486.95 Cr. in 2017 till the month of March by which they make a profit of around Rs.1,339.11 Cr. In the following year which is 2018, till the month of march the company makes net sales of about Rs.9,833.17 Cr. by which they make a profit of about 1,384.18 Cr. after paying all the taxes to government bodies.
In the year 2019, till the Month of March Company make net sales of around Rs.11,722 Cr. by which the company made a profit of about Rs.951.05 Cr. In the following year 2020 till the month of March, they make sales of Rs.11,904 Cr. by which the company made a profit of about Rs.1,570.18 Cr. In the Year 2021, till the month of March Company’s net sales of around Rs.12,588.39 Cr. by which they made a profit of Rs.2,311.93 Cr. after paying all the taxes.
We also help you to predict the share price target of Shree Cement for future years after analyzing different criteria and terms which help you to make the decision whether an investment in the share of this company is a thing of profit or loss. Shree Cement was founded in Rajasthan but now it is headquartered in Kolkata, India.
| Year | Target Of Shree Cement |
|---|---|
| 2022(Target-1) | Rs.25,700 |
| (Target-2) | Rs.29,950 |
| 2023(Target-1) | Rs.35,660 |
| (Target-2) | Rs.41,620 |
| 2024(Target-1) | Rs.45,450 |
| (Target-2) | Rs.47,290 |
| 2025(Target-1) | Rs.48,930 |
| (Target-2) | Rs.50,930 |
| 2030(Target-1) | Rs.88,900 |
| (Target-2) | Rs.1,35,000 |
For the year 2022, we try to predict two possible targets which they can surpass easily first is around Rs.25,700 and the second target which we can possibly find in the same year is around Rs.29,950.
For the year 2023, we are again going to predict two possible targets which the share of Shree Cement will find it easily because of their product demand in the market first target is around Rs.35,670, and the second target level for the same year 2023 is about Rs.41,620.
We can predict the first share price target for the financial year 2024 is around Rs.45,450 and after attaining that value they also show a similar trend as they show in the past year but again because of the increasing demand for their product they gain attain share price in the year 2024 is around Rs.47,290.
We can predict the first possible target for the financial year 2025, for this share is around Rs.48,930 and after getting these value of share price they will show some downtrend in the price of the share of Shree Cement but after some time they again move in a positive direction which is an uptrend and we can set a second possible target which the share of this company finds is about Rs.50,930.
At the end of this decade, Shree cement not only is a king cement manufacturer in north India they try to make their strong presence in the other region of India too. So, we predict the first share price target for the year 2030 is about Rs.88,900, and the second possible target that they can achieve is around Rs.1,35,000.
Conclusion
In this article, We have done a detailed analysis of Shree Cement. We tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this article, I am going to tell you why you need to think about investing in the shares of Shree Cement for a good return in the future.
- Brand value in north India.
- Generating good revenue from other businesses.
- Try to make their business in whole India.
- Strong financial position.
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.