Shree Cement is scheduled to declare its 4QFY2013 results today. We expect the top-line to grow by 2.6% yoy to Rs. 1,494cr. The OPM is expected to decline by 584bp yoy to 27.1%. Bottom-line is expected to decline by 35.1% yoy to Rs. 228cr.
We maintain our Neutral recommendation on the stock.
