Shree Cement Stock Forecast

Stock Price Forecast

According to 40 analysts polled by S&P Global, Shree Cement stock has a consensus rating of "Hold" and an average price target of ₹27,376. The average 1-year stock price forecast is 9.18% higher than the current stock price, while the lowest is ₹19,900 (-20.64%) and the highest is ₹31,600 (+26.02%).

Price Target: ₹27,376 (+9.18%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹19,900	₹27,376	₹27,650	₹31,600
Change	-20.64%	+9.18%	+10.27%	+26.02%

* Price targets were last updated on May 8, 2026.

Analyst Ratings

The average analyst rating for Shree Cement stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	12	10	10	10	12	11
Buy	7	6	7	9	10	10
Hold	14	14	13	12	11	11
Sell	5	6	5	4	3	3
Strong Sell	4	5	5	5	5	5
Total	42	41	40	40	41	40

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Prateek Kumar Jefferies	Jefferies	Hold Maintains ₹27,530 → ₹27,600	Hold	Maintains	₹27,530 → ₹27,600	+10.07%	May 8, 2026
Sanjay Mookim J.P. Morgan	J.P. Morgan	Sell Maintains ₹20,500	Sell	Maintains	₹20,500	-18.25%	Apr 7, 2026
Unknown Analyst ICICI Securities No rating	ICICI Securities	Buy Maintains ₹31,500	Buy	Maintains	₹31,500	+25.62%	Feb 9, 2026

Financial Forecast

Revenue This Year

231.87B

from 209.43B

10.71%

from 209.43B

Revenue Next Year

252.44B

from 231.87B

8.87%

from 231.87B

EPS This Year

561.71

from 472.90

18.78%

from 472.90

EPS Next Year

677.25

from 561.71

20.57%

from 561.71

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	150.10B	178.52B	204.04B	192.83B	209.43B	231.87B
Revenue Growth	10.69%	18.94%	14.29%	-5.49%	8.61%	10.71%
Gross Profit	99.86B	99.37B	116.63B	117.03B	137.63B	186.70B
Gross Margin	66.53%	55.66%	57.16%	60.69%	65.72%	80.52%
Operating Income	25.60B	13.02B	26.19B	9.22B	18.44B	22.70B
Net Income	23.32B	12.71B	23.96B	11.23B	17.44B	20.66B
EPS	-	-	-	-	472.90	561.71
EPS Growth	-	-	-	-	42.64%	18.78%
Forward PE	32.43	45.78	46.23	78.28	43.21	44.64
Dividend / Share	90.00	100.00	105.00	110.00	150.00	165.41
Dividend Growth	-	11.11%	5.00%	4.76%	36.36%	10.27%
Free Cash Flow	-3.00B	-9.44B	-4.27B	8.11B	14.95B	16.00B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	250.3B
Avg	231.9B
Low	218.0B

Revenue Growth

Revenue Growth	2027	2028	2029
High	19.5%
Avg	10.7%
Low	4.1%

EPS Forecast

EPS	2027	2028	2029
High	728.20
Avg	561.71
Low	415.60

EPS Growth

EPS Growth	2027	2028	2029
High	54.0%
Avg	18.8%
Low	-12.1%