NSE ScannerComparison · NSE · data 2026-11-01
Shree Cement Limited vs UltraTech Cement Limited
In plain words
Size: UltraTech Cement Limited is about 3.9 times the market value of Shree Cement Limited.
Valuation (P/E): Shree Cement Limited 52.4 vs UltraTech Cement Limited 36.9.
Return on equity: UltraTech Cement Limited 11.1% vs Shree Cement Limited 7.8%.
Profit growth over 3 years: UltraTech Cement Limited 17.3% a year vs Shree Cement Limited 11.1% a year.
Debt to equity: UltraTech Cement Limited 0.31 vs Shree Cement Limited 0.08.
Differences in the numbers, not a recommendation of either stock.
Side by side
| SHREECEM | ULTRACEMCO | |
|---|---|---|
| Price | ₹22,995 | ₹11,045 |
| Market cap | ₹83,235 cr | ₹3,25,320 cr |
| P/E | 52.4 | 36.9 |
| P/B | 3.5 | 4.4 |
| ROE | 7.8% | 11.1% |
| ROCE | 7.5% | 11.0% |
| Debt / equity | 0.08 | 0.31 |
| Operating margin | 7.6% | 14.1% |
| Dividend yield | 0.65% | 2.17% |
| Sales growth, 3 years (yearly) | 5.4% | 11.8% |
| Profit growth, 3 years (yearly) | 11.1% | 17.3% |
| 1-year return | -21.3% | -8.3% |
| Revenue, last 12 months | ₹23,031 cr | ₹95,572 cr |
| Net profit, last 12 months | ₹1,583 cr | ₹8,801 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹262 cr | ₹1,494 cr |
| Quarter profit vs a year earlier | -15.1% | +21.3% |
| Promoter holding | 62.55% | 58.48% |
| Health check | Weak (3.5/10) | Average (5.7/10) |
Common questions
Which has a higher P/E, Shree Cement Limited or UltraTech Cement Limited?
Shree Cement Limited trades at the higher P/E (52.4 against 36.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
UltraTech Cement Limited (11.1% against 7.8%).
Which carries more debt?
UltraTech Cement Limited has the higher debt-to-equity ratio (0.31 against 0.08).