Saurashtra Cement (NSE:SAURASHCEM) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SAURASHCEM Saurashtra Cement Ltd NSE:SAURASHCEM
55 GF Score
Price ₹57.61
GF Value ₹91.05
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Saurashtra Cement Debt-to-Equity?

Saurashtra Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Saurashtra Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Saurashtra Cement's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Saurashtra Cement's Debt-to-Equity or its related term are showing as below:

NSE:SAURASHCEM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 0.18
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Saurashtra Cement was 0.18. The lowest was 0.03. And the median was 0.08.

NSE:SAURASHCEM's Debt-to-Equity is ranked better than
76.66% of 377 companies
in the Building Materials industry
Industry Median: 0.35 vs NSE:SAURASHCEM: 0.11

Saurashtra Cement  (NSE:SAURASHCEM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Saurashtra Cement Debt-to-Equity Related Terms

Saurashtra Cement Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Saurashtra Cement's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saurashtra Cement Debt-to-Equity Chart

Saurashtra Cement Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.08 0.09 0.14 0.11

Saurashtra Cement Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.07 N/A 0.11 N/A

NSE:SAURASHCEM vs CRH, MLM, VMC: Debt-to-Equity Comparison

For the Building Materials subindustry, Saurashtra Cement's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Saurashtra Cement Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Saurashtra Cement's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saurashtra Cement's Debt-to-Equity falls into.


NSE:SAURASHCEM
55GF Score
Saurashtra Cement Ltd NSE:SAURASHCEM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saurashtra Cement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saurashtra Cement's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(760.384 + 308.854) / 9616.363
=0.11

Saurashtra Cement's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Saurashtra Cement (NSE:SAURASHCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Saurashtra Cement stock appears to be undervalued. The current stock price of ₹57.61 is trading 36.7% below its estimated GF Value™ of ₹91.05. GuruFocus considers Saurashtra Cement to be Possible Value Trap.

Key valuation signals for NSE:SAURASHCEM:

  • Debt-to-Equity: N/A
  • GF Value™: ₹91.05 vs. price of ₹57.61 (36.7% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the NSE:SAURASHCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saurashtra Cement Business Description

Other Exchanges 502175:India
Address Babubhai Chinai Marg, N. K. Mehta International House, Agrima Business Centre, 2nd Floor, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Saurashtra Cement Ltd is a cement and clinker manufacturing company based in India. The company manufactures cement under the brand name HATHI. The firm generates maximum revenue from India. Majority of its revenue comes from the sales of the cement product. The Company operates in two reportable segment i.e. manufacture of Cement and Clinker and Paints. The company makes majority of its revenue from Cement and Clinker segment.
55GF Score

Get the complete analysis for NSE:SAURASHCEM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹57.61
Price
₹91.05
GF Value