Shivam Cements’ Net Profit Nearly Doubles in Q3; EPS Jumps Over 80%
Tue, May 13, 2025 11:05 AM on Latest, Financial Analysis, Company Analysis,
Shivam Cements Limited (SHIVM) has reported a remarkable improvement in its profitability in the third quarter of fiscal year 2081/82, posting a net profit of Rs. 40.05 crores, soaring by 96.08% compared to Rs. 20.42 crores recorded in the same quarter last fiscal year. This performance underscores the company's operational resilience and improving cost efficiency despite a slight dip in overall revenue.
The company’s annualized earnings per share (EPS) surged to Rs. 9.79, up by a substantial 80.63% from Rs. 5.42 in Q3 of 2080/81, reflecting stronger shareholder returns. This rise comes even as revenue from operations dipped by 10.01% to Rs. 5.39 Arba and other income declined by 27.10% to Rs. 12.64 crores.
Despite the drop in revenue, Shivam Cements significantly brought down its total expenses to Rs. 65.49 crores from Rs. 71.02 crores—an improvement of 7.80%, demonstrating significant cost control measures. The efficient handling of expenses was instrumental in boosting profitability.
In terms of financial position, the company's paid-up capital rose by 8.55% to Rs. 5.45 Arba. However, net worth per share slightly dipped to Rs. 181.10 from Rs. 188.19, primarily due to the marginal decline in other reserves and surplus. The company’s quarter-end market price stood at Rs. 521.21, with a P/E ratio of 53.25 times.
Major Highlights:
| Particulars (Rs in 000) | Shivam Cements | ||
|---|---|---|---|
| Q3 2081/82 | Q3 2080/81 | Difference | |
| Paid Up Capital | 5,456,809 | 5,027,000 | 8.55% |
| Share Premium Reserve | 956,234 | 956,234 | 0.00% |
| Other Reserves and Surplus | 3,469,398 | 3,477,225 | -0.23% |
| Property, Plant and Equipment | 3,861,121 | 3,592,990 | 7.46% |
| Investment | 4,585,209 | 4,585,209 | 0.00% |
| Trade Receivables | 1,085,394 | 1,860,197 | -41.65% |
| Revenue from Operation | 5,397,297 | 5,997,754 | -10.01% |
| Other Income | 126,458 | 173,477 | -27.10% |
| Total Expenses | 654,896 | 710,286 | -7.80% |
| Net Profit | 400,547 | 204,282 | 96.08% |
| Annualized EPS (In Rs.) | 9.79 | 5.42 | 80.63% |
| Net Worth per Share (In Rs.) | 181.10 | 188.19 | -3.77% |
| Qtr End P/E Ratio | 53.25 | - | 0.00% |
| Qte End Price | 521.21 | - | 0.00% |
