Fall in cement sales by 10.13% in Q2 leads to 29.88% decline in net profit of Shivam Cements; EPS stands at Rs 20.97
Tue, Feb 11, 2020 8:01 AM on Financial Analysis, Latest,
Shivam Cements Limited (SHIVM) net profit decline by 29.88% in the second quarter of the fiscal year 2076/77. The fall in net profit is mainly due to decline in the sales revenue.
According to the unaudited financial report published today, its net profit has decreased to Rs 46.12 crore in the second quarter of fiscal year 2076/77 from Rs 65.78 crore in the corresponding quarter of the previous fiscal year 2075/76.
It has made regular income from operation of Rs 4.69 arba by the end of the second quarter which was Rs 5.22 arba in the corresponding quarter. The revenue from operation decline by 10.13% in Q2. Similarly, the cost of sales decline by 6.63% to Rs 3.13 arba.
Its retained earnings stand at Rs 3 arba till the second quarter and has Rs 94.02 crore as share premium. Its current paid up capital stands at Rs 4.4 arba.
Its annualized EPS stands at Rs 20.97 and net worth per share is at Rs 189.70 and its qtr end PE stands at 23.36 times.
Major Highlights:
|
Particulars (Rs in 000) |
Shivam Cements Limited |
Difference |
|
|---|---|---|---|
|
Q2 2076/77 |
Q2 2075/76 |
||
|
Paid Up Capital |
4,400,000.00 |
3,892,024.00 |
13.05% |
|
Share Premium |
940222` |
40,048.00 |
|
|
Retained Earnings |
3,006,481.00 |
3,043,281.00 |
-1.21% |
|
Property, Plant and Equipment |
4,046,794.00 |
4,481,978.00 |
-9.71% |
|
Investment In Subsidiary |
3,565,703.00 |
3,365,703.00 |
5.94% |
|
Inventories |
1,499,065.00 |
1,918,614.00 |
-21.87% |
|
Trade Receivables |
2,542,015.00 |
1,878,905.00 |
35.29% |
|
Revenue from Operation |
4,695,602.00 |
5,224,799.00 |
-10.13% |
|
Cost of Sales |
3,131,030.00 |
3,353,486.00 |
-6.63% |
|
Other Income |
11,178.00 |
12,505.00 |
-10.61% |
|
Net Profit |
461,296.00 |
657,857.00 |
-29.88% |
|
Annualized EPS (In Rs.) |
20.97 |
33.80 |
-37.96% |
|
Net Worth per Share (In Rs.) |
189.70 |
179.22 |
5.85% |
|
Qtr End P/E Ratio |
23.36 |
- |
- |
|
Qtr End Price |
490.00 |
- |
- |
.png)
