Despite Growth In Revenue Net Profit Took A Hit With Increased Expenses For Shivam Cements In First Quarter

Tue, Nov 16, 2021 10:24 AM on Company Analysis, Financial Analysis, Latest,

Shivam Cement Limited (SHIVM) has published its first-quarter report of the fiscal year 2078/2079 with a decline in net profit by 28.23%. The Net Profit of the company declined to Rs. 20.82 crores in Q2, 2078/2079 from Rs. 29.01 crores in the corresponding quarter of the previous year.

The revenue from operation (core business revenue) of the company has increased by 14.49% in the first quarter which stood at Rs. 2.21 Arba from 1.93 Arba from the corresponding quarter of the previous year.

As per the first-quarter report published today, the company has an investment in subsidiaries of Rs. 3.86 Arba.

The paid-up capital of the company remained at Rs. 4.40 Arba with 4.65 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. 18.93 and net worth per share at Rs. 227.59. The company traded at a P/E multiple of 69.94 times.

Click here for the Q1 report

Major Highlights:

Particulars (Rs in 000)

Shivam Cements Limited

Q1, 2078/79

Q1, 2077/78

Difference

Paid Up Capital

    4,400,000

    4,400,000

-

Share Premium

        956,234

        956,234

0.00%

Other Equity (Retained Earnings)

    4,657,888

    4,377,851

6.40%

Property, Plant and Equipment

    3,965,782

    4,290,065

-7.56%

Investment In Subsidiary

    3,866,275

    3,565,703

8.43%

Trade Receivables

    1,933,424

    1,896,188

1.96%

Cash and Cash Equivalents

        474,406

        896,139

-47.06%

Inventories

    2,446,324

    1,746,203

40.09%

Revenue from Operation

    2,206,711

    1,927,395

14.49%

Other Income

            9,360

          24,626

-61.99%

Total Expenses

    1,972,564

    1,604,630

22.93%

Net Profit

        208,245

        290,140

-28.23%

Annualized EPS (In Rs.)

18.93

26.38

-28.23%

Net Worth per Share (In Rs.)

227.59

221.23

2.88%

Qtr End P/E Ratio

69.94

  -

-

Qte End Price

1324

-

-