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Buy, Sell Or Hold: Everest Industries, Visaka Industries, Ramco Industries, Sagar Cements, Shree Digvijay Cement — Analyst Forecast

23 Sept 20265:38 pm

Buy, Sell Or Hold: Everest Industries, Visaka Industries, Ramco Industries, Sagar Cements, Shree Digvijay Cement — Analyst Forecast

Sector Snapshot (23 September 2026)

Stock LTP (Rs) 52W High 52W Low P/E vs Industry ROE Our View
Everest Industries 445.65 750.00 284.90 N/A (loss-making) -17.81% Avoid / High Risk
Visaka Industries 96.08 104.41 50.20 9.52 / 10.96 4.61% Hold
Ramco Industries 325.95 398.05 230.65 8.54 / 10.96 6.77% Buy on Dips
Sagar Cements 152.68 278.40 141.52 N/A (loss-making) -0.65% Avoid / High Risk
Shree Digvijay Cement 68.80 97.15 53.90 54.40 / 31.03 6.83% Hold

Quick Answer

Ramco Industries is the standout among these cement products stocks, trading below the industry average valuation with the cleanest balance sheet in the group. Visaka Industries is similarly reasonably valued but with weaker profitability, while Everest Industries and Sagar Cements are both currently loss-making and carry meaningful balance sheet risk. Shree Digvijay Cement trades at a richer valuation against modest returns.

India's cement products makers supply roofing sheets, boards and building materials, a more fragmented and cyclical corner of the construction materials space than large-cap cement itself. This piece checks five listed names on valuation and profitability.

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Everest Industries: Avoid / High Risk

Everest Industries trades at Rs 445.65, down close to 41% from its 52-week high of Rs 750.00. The company is currently loss-making, with a negative return on equity of 17.81% and no meaningful price-to-earnings ratio to lean on. Until profitability returns, this is a stock to avoid rather than one to hold through a turnaround.

Visaka Industries: Hold

Visaka Industries is at Rs 96.08, close to its 52-week high of Rs 104.41. It trades at a price-to-earnings ratio of 9.52, modestly below the industry average of 10.96, but its return on equity of just 4.61% is weak. That combination of a fair valuation and thin profitability keeps this in hold territory rather than a fresh buy.

Ramco Industries: Buy on Dips

Ramco Industries trades at Rs 325.95, down close to 18% from its 52-week high of Rs 398.05. It stands out with the cheapest price-to-earnings ratio in this group at 8.54 against an industry average of 10.96, a return on equity of 6.77%, and a very low debt-to-equity ratio of 0.04. That combination of a discounted valuation, positive returns and minimal leverage makes it the standout cement products stock to watch for accumulation.

Sagar Cements: Avoid / High Risk

Sagar Cements is at Rs 152.68, close to its 52-week low of Rs 141.52 and down close to 45% from its high of Rs 278.40. The business is currently loss-making, with a negative return on equity of 0.65% and a debt-to-equity ratio of 1.01, the highest in this group. Until the business returns to consistent profitability, this is a stock to avoid rather than one to buy on its proximity to its lows.

Shree Digvijay Cement: Hold

Shree Digvijay Cement trades at Rs 68.80, down close to 29% from its 52-week high of Rs 97.15. It posts a modest return on equity of 6.83%, while its price-to-earnings ratio of 54.40 is well above the industry average it is benchmarked against at 31.03. That gap between a rich valuation and thin profitability keeps this in hold territory.

Explore Univest's stock screener to compare cement products stocks on your own filters

What Ties These Cement Products Stocks Together

Across these cement products stocks, Ramco Industries stands out for combining a below-industry valuation, positive returns and low leverage, while Visaka Industries is similarly cheap but with weaker profitability. Everest Industries and Sagar Cements are both currently loss-making, which puts genuine balance sheet risk ahead of any valuation argument, and Shree Digvijay Cement's richer multiple is not yet backed by strong returns. Roofing and building material demand tends to be more fragmented and regional than large-cap cement, which can add to the volatility in this group's numbers from one quarter to the next.

Track live prices for these cement products stocks anytime with the Univest iOS App and Univest Android App

Conclusion

Cement products stocks in India show a mix of genuine value and genuine risk within a small group. Ramco Industries currently looks best placed for gradual accumulation among these cement products stocks, Visaka Industries and Shree Digvijay Cement are reasonable holds, and Everest Industries and Sagar Cements' current losses keep them in higher-risk territory. As always, treat this as a starting point rather than a final word.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Stock market investments are subject to market risks. Please verify all data independently and consult a SEBI-registered investment adviser before making any investment decisions. Univest Financial Services Private Limited, SEBI Registered Investment Adviser, Registration No. INH000013776.

Frequently Asked Questions

A few common questions on these cement products stocks, answered briefly below for quick reference on this cement products stocks basket, since risk levels vary widely across these cement products stocks.

Which cement products stocks look attractive right now?

Ramco Industries currently shows the most favourable combination of a below-industry valuation, positive return on equity and low debt among the names covered here.

Why are Everest Industries and Sagar Cements considered high risk?

Both companies are currently loss-making, with negative return on equity, which means neither has a meaningful price-to-earnings ratio to anchor its valuation and both carry genuine balance sheet risk.

Is Visaka Industries cheap for a reason?

Visaka Industries trades modestly below the industry average valuation, but its return on equity of 4.61% is weak, suggesting the market is pricing in its thin current profitability rather than offering a clear bargain.

Does Ramco Industries carry much debt?

No, Ramco Industries has a very low debt-to-equity ratio of 0.04, one of the cleanest balance sheets among these cement products stocks.

Is Shree Digvijay Cement overvalued?

Shree Digvijay Cement's price-to-earnings ratio of 54.40 runs well above the industry average it is benchmarked against, while its return on equity remains modest, which keeps it in hold territory.

Where can I track these cement products stocks in real time?

You can track live prices, set price alerts, and follow quarterly results for Everest Industries, Visaka Industries, Ramco Industries, Sagar Cements and Shree Digvijay Cement using the Univest iOS App and Univest Android App.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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