Shivam Cement Limited Reports Stressed Profitability In Q3

Wed, May 11, 2022 11:40 AM on Company Analysis, Latest,

Shivam Cement Limited (SHIVM) has published its third-quarter report of the fiscal year 2078/2079 with a decline in net profit by 39.93%. The Net Profit of the company declined to Rs. 65.48 crores in Q3, 2078/2079 from Rs. 1.09 Arba in the corresponding quarter of the previous year.

The revenue from operation (core business revenue) of the company has declined by 1.38% in the third quarter which stood at Rs. 7.25 Arba from 7.35 Arba from the corresponding quarter of the previous year.

As per the third-quarter report published today, the company has an investment in subsidiaries of Rs. 3.87 Arba.

The paid-up capital of the company remained at Rs. 4.40 Arba with 3.82 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. 19.84 and net worth per share at Rs. 208.76. The company traded at a P/E multiple of 49.89 times.

Click here for the Q3 report

Major Highlights:

Particulars

Shivam Cements Limited

Q3, 2078/2079

Q3, 2077/2078

Difference

Paid-Up Capital

4,400,000.00

4,400,000.00

-

Reserve & Surplus

4,785,527.25

5,076,543.60

-5.73%

Plant Property and Equipment

3,753,081.20

4,111,232.23

-8.71%

Borrowings

962,034.51

582,705.09

65.10%

Investment in subsidiaries

3,878,274.58

3,866,274.58

0.31%

Revenue

7,253,392.99

7,355,127.87

-1.38%

Finance Expenses

45,444.12

23,699.42

91.75%

Net Profit

654,852.74

1,090,080.70

-39.93%

Annualized EPS (Rs.)

19.84

33.03

-

Net worth per share (Rs.)

208.76

215.38

-

P/E ratio (times)

49.89

-

-

Liquidity ratio (times)

1.47

-

-