Declining Revenue and Increasing Expenses Leads to Massive 51.20% Drop in Net Profit of Shivam Cements in Q4
Mon, Aug 15, 2022 6:22 AM on Financial Analysis, Latest,
Shivam Cements Limited (SHIVM) has published its fourth-quarter report of the fiscal year 2078/2079 with a decline in net profit by 51.20%. The Net Profit of the company declined to Rs. 68.93 crores in Q4, 2078/2079 from Rs. 1.41 Arba in the corresponding quarter of the previous year.
The revenue from operation (core business revenue) of the company declined by 3.69% in the fourth quarter which stood at Rs. 9.26 Arba from 9.61 Arba in the corresponding quarter of the previous year.
As per the fourth-quarter report published today, the company has an investment in subsidiaries of Rs. 4.16 Arba.
The paid-up capital of the company remained at Rs. 4.40 Arba with 3.87 Arba as retained earnings. The company has Rs 95.62 crores as a share premium.
The earnings per share (EPS) of the company stood at Rs. 15.67 and the net worth per share at Rs. 209.82. The company traded at a P/E multiple of 48.51 times.
Major Highlights:
| Particulars (Rs in 000) | Shivam Cements Limited | Difference (%) | |
| Q4 2078/79 | Q4 2077/78 | ||
| Paid Up Capital | 4,400,000 | 4,400,000 | 0.00% |
| Share premium | 956,234 | 956,234 | 0.00% |
| Retained Earnings | 3,875,687 | 4,448,578 | -12.88% |
| Property, Plant, and Equipment | 3,632,387 | 4,033,146 | -9.94% |
| Investment In Subsidiary | 4,168,614 | 3,866,275 | 7.82% |
| Inventories | 2,541,994 | 2,620,421 | -2.99% |
| Trade Receivables | 1,655,693 | 1,777,553 | -6.86% |
| Revenue from Operation | 9,260,381 | 9,615,433 | -3.69% |
| Total Expenses | 8,636,544 | 7,964,261 | 8.44% |
| Net Profit | 689,398 | 1,412,666 | -51.20% |
| EPS (In Rs.) | 15.67 | 32.11 | -51.20% |
| Net Worth per Share (In Rs.) | 209.82 | 222.84 | -5.84% |
| Qtr End P/E Ratio | 48.51 | - | |
| Qtr End Price | 760 | - | |
