SHIVAM CEMENTS LTD

Manu.& Pro.High Cap

NPR 677.00

NPR 00.00%

09:14 AM NPT · May 13, 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

667.00

High

680.00

Low

667.00

Prev Close

677.00

Volume

110,525

Turnover

Rs 74,532,567.7

Txns

504

Valuation · Q2 FY25/26

EPS Ann.

12.77

EPS TTM

19.57

BVPS

180.38

P/E Ann.

53.01

P/E TTM

34.59

Graham #

227.66

Capital

Mkt Cap

36.94 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

Moderate

Momentum

RSI (14)

48.37

ADX

21.94

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

675.29

SMA 50

676.28

Bands & Channels

BB Width %

Volume & Flow

OBV

1,247,475

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

684,240

Shares Bought

Total Sell

684,240

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 48%

Distribution 52%

Accumulators

Quantity

132,830

Amount

90,308,826

Avg Rate

679.88

Rank

Brokers

#77#58#39#16

Distributors

Quantity

143,002

Amount

97,012,646

Avg Rate

678.40

Rank

Brokers

#49#34#100#57#64

Net Flow Impact:

-10,172units

(Rs. -6,703,819)

Net Flow by Timeframe

SHIVM — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 692,771 ]

Buy Side

Total: 352,773

Broker

QTY

AVG

NET

48,089

680.49

+22,729

7.0%

40,991

676.30

+3,664

6.0%

34,361

676.67

+18,144

5.0%

29,032

679.75

+11,176

4.2%

26,863

679.35

+17,763

3.9%

25,597

680.85

+13,591

3.7%

23,517

683.94

+17,025

3.4%

19,077

687.28

+15,417

2.8%

19,005

680.49

+11,605

2.8%

17,314

676.30

+8,075

2.5%

15,911

678.07

+11,472

2.3%

15,302

684.70

+7,167

2.2%

15,154

677.43

+7,990

2.2%

11,510

679.61

+7,741

1.7%

11,050

688.26

+6,467

1.6%

Sell Side

Total: 339,998

Broker

QTY

AVG

NET

62,804

681.75

-12,203

9.2%

36,625

677.89

-21,865

5.3%

35,884

677.06

-23,919

5.2%

31,406

678.13

-16,710

4.6%

24,267

674.37

-3,347

3.5%

100

20,998

681.35

-20,388

3.1%

18,089

679.15

-15,520

2.6%

17,336

682.78

-5,843

2.5%

16,297

681.47

-15,255

2.4%

15,729

683.30

-10,256

2.3%

13,777

674.69

-7,668

2.0%

101

12,082

677.89

-6,251

1.8%

11,933

677.19

-6,918

1.7%

11,600

684.72

-8,561

1.7%

11,171

677.94

-4,574

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	11,895	+199.98	+1.71%	0.01	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	419.9	+2.21	+0.53%	0.02	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	1,158	+1.04	+0.09%	0.04	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	1,168	-12.04	-1.02%	0.01	0.14	97.93	-	-12.81	-	-	-	0%	-	-36.66%	27.06	-103.43	0	-101.48	0	151.69	-5.02%	-	-13.08%	-
RSML	3,724.9	-4.1	-0.11%	0.07	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	1,678	-11.83	-0.7%	0.01	0.1	128.34	-	-7.21	-	-	-	0%	-	-43.49%	30.64	-272.68	0	-273.93	0	474.88	-4.14%	-	-6.06%	-
SAIL	1,157.2	+23.25	+2.05%	0.02	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	845	-3.99	-0.47%	0.04	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	442	+5.11	+1.17%	0.01	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	1,558.9	+68.84	+4.62%	0.02	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	46,500	+189.87	+0.41%	0.04	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	6,616.48	65.88	0.84%	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	1,168	2.21	0.41%	0.02	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	46,500	398.12	4.62%	0.07	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	-12.04	-1.02%	0.01	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%