SHIVAM CEMENTS LTD

Manu.& Pro.High Cap

NPR 675.00

NPR -2-0.30%

09:14 AM NPT · May 14, 2026

Est. 2003 · Siddhartha Insurance Bhawan, 2nd Floor, Anamnagar, Kathmandu, Nepal · CEO: Mr. Sajan Devkota

Shivam Cements Limited is one of Nepal’s largest and most technologically advanced cement manufacturers, known for delivering premium-quality OPC and PPC cement to the nation’s construction and infrastructure sectors. Established with a vision to produce world-class cement within Nepal, the company operates an integrated cement plant equipped with state-of-the-art European machinery, automated production systems, and modern quality-control laboratories. Headquartered in Kathmandu, Shivam Cements is the first cement manufacturer in Nepal to bring in complete foreign investment, partnering with Hongshi Group of China to form a high-capacity industrial venture. With its own clinker production facility, efficient manufacturing processes, and high-grade raw materials sourced from Nepal, the company ensures consistent product quality, durability, and strength. Shivam Cements has become a trusted brand in large-scale construction projects, hydropower, highways, commercial complexes, and residential developments. Supported by a strong distribution network across Nepal, the company emphasizes sustainability, innovation, and operational efficiency while contributing significantly to national industrial growth and employment generation. As a publicly listed company on the Nepal Stock Exchange (NEPSE), Shivam Cements Limited continues to expand its market presence, modernize its production capabilities, and strengthen its reputation as a leading force in Nepal’s cement industry.

shivamcement.com.np/facebook

Trading

Open

685.00

High

685.00

Low

672.00

Prev Close

677.00

Volume

77,654

Turnover

Rs 52,421,566.4

Txns

430

Valuation · Q2 FY25/26

EPS Ann.

12.77

EPS TTM

19.57

BVPS

180.38

P/E Ann.

52.86

P/E TTM

34.49

Graham #

227.66

Capital

Mkt Cap

36.83 Arab

Total

5.46 Crore

Public

5.46 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

51.15

ADX

19.98

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

673.64

SMA 50

676.28

Bands & Channels

BB Width %

6.59%

Volume & Flow

OBV

1,169,840

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

701,705

Shares Bought

Total Sell

701,705

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 51%

Distribution 49%

Accumulators

Quantity

160,864

Amount

109,574,383

Avg Rate

681.16

Rank

Brokers

#77#16#47#58#4

Distributors

Quantity

153,937

Amount

104,510,305

Avg Rate

678.92

Rank

Brokers

#43#49#100#34#57

Net Flow Impact:

+6,927units

(Rs. 5,064,078)

Net Flow by Timeframe

SHIVM — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 716,305 ]

Buy Side

Total: 363,226

Broker

QTY

AVG

NET

52,204

680.11

+26,907

7.4%

40,991

676.94

+3,604

5.8%

33,616

678.38

+17,247

4.8%

28,862

680.71

+17,044

4.1%

27,168

681.25

+8,254

3.9%

26,405

683.00

+20,763

3.8%

24,255

681.72

+12,787

3.5%

22,405

679.76

+15,205

3.2%

19,777

686.86

+17,977

2.8%

17,979

677.99

+14,076

2.6%

17,414

676.57

+7,480

2.5%

15,226

684.86

+10,460

2.2%

14,724

677.97

+6,627

2.1%

11,150

684.33

+10,727

1.6%

11,050

688.26

+4,917

1.6%

Sell Side

Total: 353,079

Broker

QTY

AVG

NET

61,857

682.39

-10,156

8.8%

36,336

677.14

-23,466

5.2%

34,038

677.83

-33,068

4.8%

31,799

680.73

-19,840

4.5%

30,776

678.68

-16,590

4.4%

22,625

675.81

-1,993

3.2%

100

20,988

681.36

-19,878

3.0%

19,629

682.41

-11,907

2.8%

16,121

676.82

-9,409

2.3%

15,277

681.90

-12,273

2.2%

15,186

685.52

-7,388

2.2%

13,317

675.13

-7,058

1.9%

12,146

677.17

-7,131

1.7%

11,604

684.72

-5,275

1.6%

101

11,380

679.26

-6,880

1.6%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Non-current Assets
Intangible Assets	12,532,747	3,343,016	253,397	487,686	+274.89%
Property, Plant and Equipment	3,903,699,544	3,588,707,282	3,606,040,403	3,454,963,281	+8.78%
Investments	4,874,488,800	4,728,344,800	4,383,801,400	4,481,987,375	+3.09%
Prepayments	0.00	0.00	0.00	0.00	-
Advances	0.00	0.00	0.00	0.00	-
Deferred Tax Assets	0.00	0.00	0.00	0.00	-
Others Non-Current Assets	35,923,251	37,488,127	34,323,811	33,579,164	-4.17%
Total Non-Current Assets	8,826,644,342	8,357,883,225	8,024,419,011	7,971,017,506	+5.61%
Current Assets
Inventories	2,093,870,931	1,641,894,802	1,700,696,213	1,846,680,254	+27.53%
Trade Receivables	914,351,881	1,101,447,205	1,840,514,041	2,043,884,000	-16.99%
Income Tax Receivable	0.00	0.00	0.00	0.00	-
Cash and Cash Equivalents	725,305,748	557,795,174	194,057,953	171,867,839	+30.03%
Other Current Assets	589,542,329	286,757,457	573,887,321	465,485,050	+105.59%
Total Current Assets	4,323,070,889	3,587,894,638	4,309,155,528	4,527,917,143	+20.49%
Total Assets	13,149,715,231	11,945,777,863	12,333,574,539	12,498,934,648	+10.08%
Equity And Liabilities
Equity
Paid Up Capital	5,593,228,713	5,456,808,500	5,027,000,000	4,400,000,000	+2.50%
Reserves and Surpluses	4,496,110,046	4,109,496,958	4,408,293,494	4,701,248,890	+9.41%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	10,089,338,759	9,566,305,458	9,435,293,494	9,101,248,890	+5.47%
Liabilities
Non-Current Liabilities
Retirement Benefit Obligation	0.00	0.00	0.00	0.00	-
Deferred Tax Liability	203,638,145	164,023,595	133,127,214	91,414,059	+24.15%
Borrowing	769,802,368	118,274,866	761,486,163	1,090,491,557	+550.86%
Provisions and Payables	0.00	8745461.00	9971139.00	3905734.00	-100.00%
Total Non-Current Liabilities	218,537,632	169,092,383	138,491,668	100,270,711	+29.24%
Current Liabilities
Borrowing	769,802,368	118,274,866	761,486,163	1,090,491,557	+550.86%
Trade Payables	1,604,611,325	1,584,583,685	1,508,995,277	1,496,890,946	+1.26%
Provisions and Payables	0.00	8745461.00	9971139.00	3905734.00	-100.00%
Income Tax Payables	0.00	0.00	6588117.00	7322807.00	-
Other Current Liabilities	467,425,146	498,776,009	472,748,681	698,804,003	-6.29%
Total Current Liabilities	2,841,838,839	2,210,380,021	2,759,789,377	3,297,415,047	+28.57%
Total Liabilities	3,060,376,471	2,379,472,404	2,898,281,045	3,397,685,758	+28.62%
Total Equity and Liabilities	13,149,715,230	11,945,777,863	12,333,574,539	12,498,934,648	+10.08%

Sector Peers — Manu.& Pro. (16)

Peer Comparison

Manu.& Pro. SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
BNL	15,198	+398.12	+2.69%	0.03	0.73	3,026.11	-	32.09	-63.77	-	-	0%	-	0.65%	10.16	478.97	4.3	484.57	-243.85	12.61	0.48%	-0.95%	1.04%	-2.08%
BNT	11,900	+4.76	+0.04%	-	0.78	3,021.55	-	223.96	-291.85	-	-	0%	-	4.02%	7.81	52.65	0.25	52.6	-40.36	8.47	3.1%	-4.06%	6.98%	-9.11%
ECL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GCIL	417	-2.9	-0.69%	-	0.18	166.58	-	-10.54	-5.14	-	-	0%	-	-12.72%	5.16	-40.8	0	-39.04	-80.06	20.76	-2.34%	-1.14%	-6.24%	-3.04%
HDL	1,157	-1.04	-0.09%	-	0.74	120.87	-	24.31	27.03	271.13	-	0%	-	25.54%	18.91	47.02	0	46.65	41.95	48.04	18.88%	20.99%	22.18%	24.65%
NLO	269.4	0	0%	-	1.34	507.62	-	48.25	-	-	-	0%	-	3.19%	1	5.27	0	5.58	0	0.67	4.28%	-	9.88%	-
OMPL	1,152	-16	-1.37%	-	0.14	97.93	-	-12.81	-	-	-	0%	-	-36.66%	27.06	-103.43	0	-101.48	0	151.69	-5.02%	-	-13.08%	-
RSML	3,690	-35.02	-0.94%	-	0.65	4,023.41	-	118.66	183.44	4,075.07	-	0%	-	2.86%	0	0	0.01	3.05	1.97	0	1.86%	2.89%	3.3%	5.13%
SAGAR	1,679.7	+1.68	+0.1%	-	0.1	128.34	-	-7.21	-	-	-	0%	-	-43.49%	30.64	-272.68	0	-273.93	0	474.88	-4.14%	-	-6.06%	-
SAIL	1,155	-2.2	-0.19%	-	0.6	110.63	-	1.92	-	-	-	0%	-	1.78%	20.34	585.94	0	716.15	0	41.77	1.06%	-	1.72%	-
SAPIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARBTM	839	-6	-0.71%	-	0.54	188.92	-	20.61	24.91	325.4	-	0%	-	13.18%	9.26	42.46	0.37	41.59	34.41	22.4	7.08%	8.58%	11.24%	13.58%
SONA	440.4	-1.59	-0.36%	-	0.24	191.42	-	3.09	5.72	156.96	-	0%	-	2.81%	4.47	138.48	0.98	136.44	73.71	15.57	0.66%	1.24%	1.64%	3.04%
SOPAN	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SYPNL	1,562	+3.12	+0.2%	-	0.44	109.64	-	1.2	-	-	-	0%	-	2.52%	25.72	1,175.08	0	1,588.33	0	118.35	1.08%	-	1.36%	-
UNL	46,550	+51.15	+0.11%	-	0.95	4,627.69	-	1,587.19	2,404.89	15,824.17	-	0%	-	19.31%	20.36	29.68	0.55	29.36	19.38	22.92	18.24%	27.65%	34.26%	51.91%

AVG	6,616.12	30.31	-0.09%	0.03	0.572	1,255.44	-	156.21	285.65	4,130.55	-	0%	-	-1.31%	13.915	164.511	0.497	206.913	-14.835	72.164	3.48%	6.9%	5.25%	10.51%
MED	1,157	-1.04	-0.09%	0.03	0.6	188.92	-	20.61	15.32	325.4	-	0%	-	2.81%	10.16	42.46	0	41.59	0	22.4	1.08%	2.07%	1.72%	4.09%
MAX	46,550	398.12	2.69%	0.03	1.34	4,627.69	-	1,587.19	2,404.89	15,824.17	-	0%	-	25.54%	30.64	1,175.08	4.3	1,588.33	73.71	474.88	18.88%	27.65%	34.26%	51.91%
MIN	269.4	-35.02	-1.37%	0.03	0.1	97.93	-	-12.81	-291.85	156.96	-	0%	-	-43.49%	0	-272.68	0	-273.93	-243.85	0	-5.02%	-4.06%	-13.08%	-9.11%