Shivam Cements Limited (SHIVM) Share Price & Fundamentals

Shivam Cements (SHIVM) share price is Rs. 682.00, down 0.58% on 2026-10-12. Open Rs. 686.00. High Rs. 690.00. Low Rs. 680.10. Volume 117,753.

Shivam Cements Limited is a NEPSE-listed company (SHIVM), Manufacturing And Processing sector. Revenue: Rs. 778.57 Crore. Net profit: Rs. 142.95 Crore. Net worth: Rs. 1,232.85 Crore.

About Shivam Cements Limited

Cement manufacturer based in Hetauda-16, Makawanpur, producing OPC/PPC cement under the Shivam brand (43 & 53 grade). Corporate office at Anamnagar, Kathmandu. Holds subsidiaries and associates including Hongshi-Shivam Cement Pvt. Ltd.

Shivam Cements Limited (SHIVM) has 5,59,32,287 shares outstanding. Its most recent declared dividend was 10.00% on face value.

SHIVM key metrics

SHIVM strengths

What Shivam Cements Limited's own accounts show in its favour, graded against the rest of its sector.

• Debt sits at just 0x of shareholders' money, so lenders have little claim on the company. (Leverage & Solvency)
• Profits cover the interest bill 85.17x over, so loan payments are comfortably affordable. (Leverage & Solvency)
• 81.7% of everything it owns was paid for by shareholders rather than borrowed. (Leverage & Solvency)
• Can settle its short term bills 1.8x over, so it is unlikely to run short of cash. (Liquidity)
• Every rupee of assets brings in 0.62x of sales, so the company gets good use from what it owns. (Efficiency)
• Shareholders' stake in the company grew 8.4% over the year, so value is building up. (Shareholder Returns)
• Buildings and machinery are a modest 30.9% of assets, so it is not tied to heavy fixed costs. (Efficiency)

SHIVM weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

• Sales moved -10.9% on last year, so the business is not winning new custom. (Growth)
• EBIT margin is 13.2%, below what most of its peers earn before interest and tax. (Profitability)
• Profit moved -1.7% on last year, so earnings are not building up. (Growth)
• Return on shareholders' money is 7.8%, less than most savers would expect. (Profitability)
• Operating margin is 11.3%, so running costs take too much of what the core business earns. (Margins)
• Net profit margin is 11.1%, less than most of its peers keep once every cost is paid. (Margins)
• Return on the money tied up in the business is 9%, so capital is not working hard. (Profitability)
• Only 23.1% of each sale survives production costs, leaving little to cover everything else. (Margins)
• Stock turns over 3.48x a year, so cash stays tied up in unsold goods. (Efficiency)
• Return on everything it owns is 6.3%, so its assets are sitting relatively idle. (Profitability)
• Without selling stock, bills are covered only 0.97x over, so it depends on shifting inventory. (Liquidity)
• Cash is only 5.2% of what it owns, so there is little spare for a surprise. (Liquidity)
• What the company owns moved 5.2%, so it is not putting money into growth. (Growth)

SHIVM Q4 2082/83 results

In Q4 2082/83 Shivam Cements Limited reported profit of Rs. 16.53 crore and revenue from operations of Rs. 196.79 crore. Profit in Q3 2082/83 was Rs. 26.21 crore. Profit fell 36.95% on the previous quarter. Revenue from operations grew 6.00% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 39.36 crore. Profit fell 58.00% on the same quarter last year. Revenue from operations fell 16.86% on the same quarter last year.

SHIVM annual results 2081/82

For the financial year 2081/82 Shivam Cements Limited reported net profit of Rs. 142.95 crore, revenue from operations of Rs. 778.57 crore and net worth of Rs. 1,232.85 crore. Net profit in 2080/81 was Rs. 37.89 crore. Net profit grew 277.27% on the year. Revenue from operations grew 1.05% on the year.

SHIVM profit and loss for 2081/82

In the financial year 2081/82, Shivam Cements Limited reported revenue from operations of Rs. 778.57 crore, gross profit of Rs. 172.51 crore, operating profit of Rs. 96.6 crore, profit before tax of Rs. 156.57 crore and net profit for the year of Rs. 142.95 crore.

Reported under gross profit: cost of sales of Rs. 606.07 crore. Reported under operating profit: other income of Rs. 17.52 crore, selling and distribution expenses of Rs. 65.54 crore and administrative expenses of Rs. 27.88 crore. Reported under profit before tax: finance costs of Rs. 0.65 crore and gain on investments through fair value of Rs. 60.62 crore. Reported under net profit for the year: current tax of Rs. 10.24 crore and deferred tax of Rs. 3.38 crore.

SHIVM profit and loss for 2080/81

In the financial year 2080/81, Shivam Cements Limited reported revenue from operations of Rs. 770.52 crore, gross profit of Rs. 103.73 crore, operating profit of Rs. 34.59 crore, profit before tax of Rs. 40.91 crore and net profit for the year of Rs. 37.89 crore.

Reported under gross profit: cost of sales of Rs. 666.79 crore. Reported under operating profit: other income of Rs. 22.91 crore, selling and distribution expenses of Rs. 68.03 crore and administrative expenses of Rs. 24.02 crore. Reported under profit before tax: finance costs of Rs. 4.76 crore and gain on investments through fair value of Rs. 11.07 crore. Reported under net profit for the year: current tax of Rs. 0.5 crore and deferred tax of Rs. 2.51 crore.

SHIVM profit and loss for 2079/80

In the financial year 2079/80, Shivam Cements Limited reported revenue from operations of Rs. 776.57 crore, gross profit of Rs. 129.48 crore, operating profit of Rs. 74.7 crore, profit before tax of Rs. 65.95 crore and net profit for the year of Rs. 60.23 crore.

Reported under gross profit: cost of sales of Rs. 647.08 crore. Reported under operating profit: other income of Rs. 36.37 crore, selling and distribution expenses of Rs. 67.83 crore and administrative expenses of Rs. 23.33 crore. Reported under profit before tax: finance costs of Rs. 9.67 crore and gain on investments through fair value of Rs. 0.92 crore. Reported under net profit for the year: current tax of Rs. 2.17 crore and deferred tax of Rs. 3.55 crore.

SHIVM balance sheet for 2081/82

In the financial year 2081/82, Shivam Cements Limited reported total non-current assets of Rs. 1,011.14 crore, total current assets of Rs. 454 crore, total equity of Rs. 1,232.85 crore, total non-current liabilities of Rs. 20.31 crore and total current liabilities of Rs. 211.99 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 463.15 crore, intangible assets of Rs. 0.03 crore, right-of-use assets of Rs. 1.4 crore, investment in quoted shares of Rs. 13.12 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 529.61 crore and other non-current assets of Rs. 3.85 crore. Reported under total current assets: inventories of Rs. 175.22 crore, trade receivables of Rs. 80.73 crore, cash and cash equivalents of Rs. 106.29 crore, bank balance (other than cash and cash equivalents) of Rs. 55 crore, income tax assets (net) of Rs. 1.5 crore, other financial assets of Rs. 2.91 crore and other current assets of Rs. 32.35 crore. Reported under total equity: share capital of Rs. 545.68 crore, share premium reserve of Rs. 0 crore, other equity of Rs. 612.88 crore and non-controlling interest of Rs. 74.29 crore. Reported under total non-current liabilities: long term borrowings of Rs. 0.15 crore, deferred tax liabilities (net) of Rs. 18.72 crore and other financial liabilities of Rs. 1.45 crore. Reported under total current liabilities: short term borrowings of Rs. 0.87 crore, trade payables of Rs. 150.42 crore, other financial liabilities of Rs. 12.06 crore, other current liabilities of Rs. 46.75 crore, provisions of Rs. 1.89 crore and income tax liabilities (net) of Rs. 0 crore.

SHIVM balance sheet for 2080/81

In the financial year 2080/81, Shivam Cements Limited reported total non-current assets of Rs. 926.09 crore, total current assets of Rs. 425.74 crore, total equity of Rs. 1,101.85 crore, total non-current liabilities of Rs. 16.2 crore and total current liabilities of Rs. 233.78 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 423.08 crore, intangible assets of Rs. 0.01 crore, right-of-use assets of Rs. 0.33 crore, investment in quoted shares of Rs. 11.93 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 487.16 crore and other non-current assets of Rs. 3.58 crore. Reported under total current assets: inventories of Rs. 188.39 crore, trade receivables of Rs. 110.05 crore, cash and cash equivalents of Rs. 30.88 crore, bank balance (other than cash and cash equivalents) of Rs. 60.5 crore, income tax assets (net) of Rs. 1.97 crore, other financial assets of Rs. 1.89 crore and other current assets of Rs. 32.07 crore. Reported under total equity: share capital of Rs. 502.7 crore, share premium reserve of Rs. 0 crore, other equity of Rs. 523.57 crore and non-controlling interest of Rs. 75.58 crore. Reported under total non-current liabilities: long term borrowings of Rs. 0.47 crore, deferred tax liabilities (net) of Rs. 15.39 crore and other financial liabilities of Rs. 0.34 crore. Reported under total current liabilities: short term borrowings of Rs. 6.85 crore, trade payables of Rs. 171.24 crore, other financial liabilities of Rs. 5.76 crore, other current liabilities of Rs. 48.54 crore, provisions of Rs. 1.4 crore and income tax liabilities (net) of Rs. 0 crore.

SHIVM balance sheet for 2079/80

In the financial year 2079/80, Shivam Cements Limited reported total non-current assets of Rs. 928.58 crore, total current assets of Rs. 413.5 crore, total equity of Rs. 1,083.4 crore, total non-current liabilities of Rs. 12.05 crore and total current liabilities of Rs. 246.63 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 418.12 crore, intangible assets of Rs. 0.03 crore, right-of-use assets of Rs. 0 crore, investment in quoted shares of Rs. 13.48 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 493.43 crore and other non-current assets of Rs. 3.52 crore. Reported under total current assets: inventories of Rs. 168.71 crore, trade receivables of Rs. 142.31 crore, cash and cash equivalents of Rs. 43.5 crore, bank balance (other than cash and cash equivalents) of Rs. 14 crore, income tax assets (net) of Rs. 0 crore, other financial assets of Rs. 13.94 crore and other current assets of Rs. 31.03 crore. Reported under total equity: share capital of Rs. 440 crore, share premium reserve of Rs. 0 crore, other equity of Rs. 575.14 crore and non-controlling interest of Rs. 68.26 crore. Reported under total non-current liabilities: long term borrowings of Rs. 0.79 crore, deferred tax liabilities (net) of Rs. 11.27 crore and other financial liabilities of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 36.51 crore, trade payables of Rs. 160.19 crore, other financial liabilities of Rs. 10.71 crore, other current liabilities of Rs. 38.01 crore, provisions of Rs. 1 crore and income tax liabilities (net) of Rs. 0.21 crore.

SHIVM cash flow for 2081/82

In the financial year 2081/82, Shivam Cements Limited reported opening cash & cash equivalents of Rs. 30.88 crore, net cash from operating activities of Rs. 171.87 crore, net cash from investing activities of Rs. 77.24 crore, net cash from financing activities of Rs. 19.22 crore, net change in cash of Rs. 75.41 crore and closing cash & cash equivalents of Rs. 106.29 crore.

Reported under net cash from operating activities: profit before tax of Rs. 156.57 crore, adjustment for depreciation and amortisation of Rs. 14.45 crore, adjustment for finance costs of Rs. 0.65 crore, changes in working capital of Rs. 25.28 crore and income tax paid of Rs. 9.77 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 53.95 crore, proceeds from sale of property, plant and equipment of Rs. 0.22 crore, purchase of investments of Rs. 36.95 crore, interest received of Rs. 3.22 crore and dividend received of Rs. 11.96 crore. Reported under net cash from financing activities: proceeds from issue of share capital of Rs. 42.98 crore, proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 6.3 crore, dividends paid of Rs. 55.25 crore and interest paid of Rs. 0.65 crore.

SHIVM cash flow for 2080/81

In the financial year 2080/81, Shivam Cements Limited reported opening cash & cash equivalents of Rs. 43.5 crore, net cash from operating activities of Rs. 76.73 crore, net cash from investing activities of Rs. 39.82 crore, net cash from financing activities of Rs. 49.54 crore, net change in cash of Rs. 12.62 crore and closing cash & cash equivalents of Rs. 30.88 crore.

Reported under net cash from operating activities: profit before tax of Rs. 40.91 crore, adjustment for depreciation and amortisation of Rs. 13.94 crore, adjustment for finance costs of Rs. 4.76 crore, changes in working capital of Rs. 39.43 crore and income tax paid of Rs. 2.68 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 20.6 crore, proceeds from sale of property, plant and equipment of Rs. 3.28 crore, purchase of investments of Rs. 40.23 crore, interest received of Rs. 3.89 crore and dividend received of Rs. 14.83 crore. Reported under net cash from financing activities: proceeds from issue of share capital of Rs. 62.7 crore, proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 29.98 crore, dividends paid of Rs. 81.79 crore, interest paid of Rs. 4.76 crore and other financing activities of Rs. 4.29 crore.

SHIVM cash flow for 2079/80

In the financial year 2079/80, Shivam Cements Limited reported opening cash & cash equivalents of Rs. 10.66 crore, net cash from operating activities of Rs. 117.67 crore, net cash from investing activities of Rs. 24.13 crore, net cash from financing activities of Rs. 108.96 crore, net change in cash of Rs. 32.84 crore and closing cash & cash equivalents of Rs. 43.5 crore.

Reported under net cash from operating activities: profit before tax of Rs. 65.95 crore, adjustment for depreciation and amortisation of Rs. 13.82 crore, adjustment for finance costs of Rs. 9.67 crore, changes in working capital of Rs. 64 crore and income tax paid of Rs. 3.29 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 12.25 crore, proceeds from sale of property, plant and equipment of Rs. 1.62 crore, purchase of investments of Rs. 2.28 crore, interest received of Rs. 0.13 crore and dividend received of Rs. 31.46 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 24.87 crore, dividends paid of Rs. 79.81 crore and interest paid of Rs. 9.67 crore.

SHIVM quarterly for Q4 2082/83

In the quarter Q4 2082/83, Shivam Cements Limited reported revenue from operations of Rs. 196.79 crore, gross profit of Rs. 45.38 crore, operating profit of Rs. 20.16 crore, profit before tax of Rs. 20.1 crore and net profit for the year of Rs. 16.53 crore.

Reported under gross profit: cost of sales of Rs. 151.41 crore. Reported under operating profit: other income of Rs. 0.7 crore, selling and distribution expenses of Rs. 19.74 crore and administrative expenses of Rs. 6.18 crore. Reported under profit before tax: finance costs of Rs. 0.06 crore. Reported under net profit for the year: current tax of Rs. 2.31 crore and deferred tax of Rs. 1.26 crore.

SHIVM quarterly for Q3 2082/83

In the quarter Q3 2082/83, Shivam Cements Limited reported revenue from operations of Rs. 185.65 crore, gross profit of Rs. 48.92 crore, operating profit of Rs. 31.82 crore, profit before tax of Rs. 31.55 crore and net profit for the year of Rs. 26.21 crore.

Reported under gross profit: cost of sales of Rs. 136.72 crore. Reported under operating profit: other income of Rs. 1.8 crore, selling and distribution expenses of Rs. 10.58 crore and administrative expenses of Rs. 8.32 crore. Reported under profit before tax: finance costs of Rs. 0.27 crore. Reported under net profit for the year: current tax of Rs. 4.6 crore and deferred tax of Rs. 0.73 crore.

SHIVM quarterly for Q2 2082/83

In the quarter Q2 2082/83, Shivam Cements Limited reported revenue from operations of Rs. 156.5 crore, gross profit of Rs. 32.79 crore, operating profit of Rs. 17.71 crore, profit before tax of Rs. 17.27 crore and net profit for the year of Rs. 14.74 crore.

Reported under gross profit: cost of sales of Rs. 123.71 crore. Reported under operating profit: other income of Rs. 0.46 crore, selling and distribution expenses of Rs. 9.62 crore and administrative expenses of Rs. 5.92 crore. Reported under profit before tax: finance costs of Rs. 0.44 crore. Reported under net profit for the year: current tax of Rs. 2.04 crore and deferred tax of Rs. 0.49 crore.

SHIVM quarterly for Q1 2082/83

In the quarter Q1 2082/83, Shivam Cements Limited reported revenue from operations of Rs. 153.33 crore, gross profit of Rs. 32.66 crore, operating profit of Rs. 23.66 crore, profit before tax of Rs. 23.34 crore and net profit for the year of Rs. 20.97 crore.

Reported under gross profit: cost of sales of Rs. 120.67 crore. Reported under operating profit: other income of Rs. 10.37 crore, selling and distribution expenses of Rs. 13.17 crore and administrative expenses of Rs. 6.19 crore. Reported under profit before tax: finance costs of Rs. 0.32 crore. Reported under net profit for the year: current tax of Rs. 1.64 crore and deferred tax of Rs. 0.73 crore.

SHIVM Profit & Loss

Values in Rs. Crore unless stated otherwise.

SHIVM Balance Sheet

Values in Rs. Crore unless stated otherwise.

SHIVM Cash Flow

Values in Rs. Crore unless stated otherwise.

SHIVM Quarterly Results

Values in Rs. Crore unless stated otherwise.

Shivam Cements share price history

Over the last 15 trading sessions SHIVM closed between Rs. 671.00 and Rs. 702.00, finishing at Rs. 682.00 on 2026-10-12 against Rs. 688.00 on 2026-09-18.

SHIVM share price by year

2026, between Rs. 596.30 and Rs. 737.10, 2025, between Rs. 482.93 and Rs. 691.71, 2024, between Rs. 412.53 and Rs. 700.95, 2023, between Rs. 306.64 and Rs. 534.93, 2022, between Rs. 385.47 and Rs. 1,315.15 and 2021, between Rs. 807.91 and Rs. 1,502.53.

Shivam Cements share price returns

At Rs. 682.00 on 2026-10-12, SHIVM is up 1.49% over 1 week, up 2.87% over 1 month, up 10.18% over 3 months, down 3.67% over 6 months, up 22.64% over 1 year and down 32.79% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

SHIVM floorsheet for 2026-10-12

SHIVM traded 336 times on 2026-10-12, moving 1,17,753 shares for Rs. 8.06 crore of turnover. Trades went through between Rs. 680.10 and Rs. 706.50.

Largest buyers by volume: broker 17, ABC Securities Pvt. Limited on 14,060 shares across 11 trades, broker 8, Ashutosh Brokerage & Securities Pvt. Limited on 10,650 shares across 19 trades, broker 74, Kalash Stock Market Pvt. Ltd. on 9,503 shares across 12 trades, broker 34, Vision Securities Pvt.Limited on 8,373 shares across 14 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 6,489 shares across 19 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 5,500 shares across 16 trades, broker 14, Nepal Stock House Pvt. Limited on 4,700 shares across 17 trades, broker 48, Trishakti Securities Public Limited on 4,200 shares across 8 trades, broker 44, Dynamic Money Managers Securities Pvt.Ltd on 4,113 shares across 5 trades and broker 39, Sumeru Securities Pvt.Limited on 4,000 shares across 7 trades.

Largest sellers by volume: broker 29, Trishul Securities And Investment Limited on 21,363 shares across 19 trades, broker 58, Naasa Securities Co. Ltd. on 14,091 shares across 43 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 8,621 shares across 29 trades, broker 45, Imperial Securities Co. Limited on 6,410 shares across 13 trades, broker 92, Roadshow Securities Limited on 6,273 shares across 9 trades, broker 44, Dynamic Money Managers Securities Pvt.Ltd on 5,500 shares across 12 trades, broker 99, Prabhu Stock Market Limited on 5,000 shares across 11 trades, broker 32, Premier Securites Company Limited on 4,899 shares across 11 trades, broker 19, Nepal Investment & Securities Trading Pvt. Limited on 3,500 shares across 8 trades and broker 14, Nepal Stock House Pvt. Limited on 3,127 shares across 9 trades.

SHIVM dividend history: bonus shares and cash dividend

Shivam Cements Limited most recently declared a 2.5% bonus share issue and a 10% cash dividend, 12.5% in total for 2081/2082, announced on 2025-11-18. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2081/2082 Shivam Cements Limited declared a 2.5% bonus share issue and a 10% cash dividend, 12.5% in total, announced on 2025-11-18.

For 2080/2081 Shivam Cements Limited declared an 8.55% bonus share issue, announced on 2024-12-19.

For 2079/2080 Shivam Cements Limited declared a 14.25% bonus share issue, announced on 2023-12-20.

For 2078/2079 Shivam Cements Limited declared a 10.53% cash dividend, announced on 2022-12-19.

SHIVM general meetings

Annual and special general meetings Shivam Cements Limited has called. A dividend is declared by the board and approved at the AGM.

• 10th AGM for 2081/2082: on 2025-12-11, at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu (10:30 AM)
• 9th AGM for 2080/2081: on 2025-01-13, at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu (9:00 AM)
• 8th AGM for 2079/2080: on 2024-01-12, at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu (9:00 AM)

5 years of annual statements and 12 quarters of results for SHIVM, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

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