Shree Cement commissions UAE plant: what it means for Shree Cement stock
Published on 10/19/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExpansion and earnings timetable
- Shree Cement commissioned an AED 115 million UAE facility on October 13, 2026.
- Fiscal year 2025-26 revenue reached INR 193.1 billion and net profit reached INR 17.1 billion.
- Shree Cement stock last stood at INR 22,460.00 on October 16, 2026, on the NSE.
Shree Cement (INE070A01015) had commissioned a 3 MTPA grinding facility in Ras Al Khaimah for AED 115 million on October 13, 2026. The project expands the company's UAE capacity from 4 MTPA to 7 MTPA and takes group cement capacity to 76.3 MTPA, The Economic Times reported.
Expansion reaches 76.3 MTPA
The Ras Al Khaimah unit is operated through Union Cement Company, a Shree Cement subsidiary. The facility uses a vertical roller mill, integrated grinding and separation systems, and dust-collection infrastructure, giving the investment an operating-efficiency angle beyond added capacity, according to CemNet on October 14, 2026.
What does the expansion mean?
The UAE addition increases Union Cement capacity by 75.00 percent, from 4 MTPA to 7 MTPA. Shree Cement's fiscal year 2025-26 revenue was INR 193.1 billion, up from INR 55.7 billion in fiscal year 2015-16, while net profit reached INR 17.1 billion from INR 4.5 billion; the company reports a 10.03 percent revenue CAGR across the period in its investor materials, Shree Cement states.
Results arrive October 23
The next scheduled event is the October 23, 2026 board meeting to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, according to Sharpely. That date will put the UAE expansion alongside the company's next report, with capacity and profit conversion the central investor questions.
Stock context before results
Shree Cement's last quoted NSE price was INR 22,460.00 on October 16, 2026, at 3:28 p.m. IST, compared with a previous close of INR 22,315.00. The same market snapshot places its market capitalization at INR 810.4 billion and its 52-week range at INR 21,355.00 to INR 29,840.00 as of October 16, 2026.
Shree Cement at a glance
- Company: Shree Cement Limited
- ISIN: INE070A01015
- Ticker: SHREECEM
- Primary exchange: NSE and BSE
- Market capitalization: INR 810.4 billion (as of October 16, 2026)
- 52-week range: INR 21,355.00-29,840.00 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Construction Materials
- Next earnings date: October 23, 2026
Market context: Market report BSE Sensex.
