Shivam Cements Q1: Sales Revenue Decline Whereas Net Profit Rises by 31.94%; EPS Stands at Rs 24.98

Mon, Nov 14, 2022 9:58 AM on Financial Analysis, Stock Market, Latest,

Shivam Cements Limited (SHIVM) has published its first-quarter report of the fiscal year 2079/2080 with an incline in net profit by 31.94 %. The Net Profit of the company inclined to Rs. 27.47 crores in Q1, 2079/2080 from Rs. 20.82 Crores in the corresponding quarter of the previous year.

The Sales revenue (core business revenue) of the company declined by 30.46% in the first quarter which stood at Rs. 1.53 Arba from Rs. 2.20 Arba in the corresponding quarter of the previous year. Whereas, the other income of the company has increased significantly to stand at Rs. 31.34 Crores, which was Rs. 93.60 Lakhs in the relevant period of the previous year. The expenses for this period have also decreased by 20.03%

As per the first-quarter report published today, the company has an investment of Rs. 4.47 Arba.

The paid-up capital of the company remained at Rs. 4.40 Arba with 4.15 Arba as retained earnings. The company has Rs 95.62 crores as a share premium.

The annualized earnings per share (EPS) of the company stood at Rs. 24.98 and the net worth per share at Rs. 216.09. The company traded at a P/E multiple of 25.68 times.

Click here for Q1 report:

Major Highlights:

Particulars (Rs in 000) Shivam Cements Limited
Q1 2079/80 Q1 2078/79 Difference
Paid Up Capital    4,400,000    4,400,000 0.00%
Share Premium        956,234        956,234 0.00%
Other Equity (Retained Earnings)    4,151,513    3,773,454 10.02%
Property, Plant and Equipment    4,111,232    4,657,888 -11.74%
Investment     4,474,707    3,866,275 15.74%
Trade Receivables    1,735,992    1,933,424 -10.21%
Cash and Cash Equivalents        128,026          74,406 72.06%
Inventories    2,289,413    2,446,324 -6.41%
Revenue from Operation    1,534,532    2,206,711 -30.46%
Other Income        313,414            9,360 3248.35%
Total Expenses    1,577,434    1,972,564 -20.03%
Net Profit        274,765        208,245 31.94%
Annualized EPS (In Rs.) 24.98 18.93 31.94%
Net Worth per Share (In Rs.) 216.09 207.49 4.14%
Qtr End P/E Ratio 25.68   -   
Qte End Price 641.5 -