SHIVAM CEMENTS LTD

Manu.& Pro.Mid Cap

NPR 624.10

NPR -4.5-0.72%

09:14 AM NPT · Jun 29, 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

634.00

High

634.00

Low

621.00

Prev Close

628.60

Volume

75,442

Turnover

Rs 47,097,398.1

Txns

Valuation · Q3 FY25/26

EPS Ann.

14.76

EPS TTM

18.11

BVPS

185.31

P/E Ann.

42.28

P/E TTM

34.46

Graham #

248.08

Capital

Mkt Cap

34.06 Arab

Total

5.46 Crore

Public

5.46 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

7.66

ADX

34.81

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

651.44

SMA 50

665.63

Bands & Channels

BB Width %

10.23%

Volume & Flow

OBV

113,331

Flow Analysis

[ Live 2026-06-29 ]

Total Buy

629,172

Shares Bought

Total Sell

629,172

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 40%

Distribution 60%

Accumulators

Quantity

140,514

Amount

88,955,501

Avg Rate

633.07

Rank

Brokers

#4#14#17#28#53#92

Distributors

Quantity

211,318

Amount

133,498,243

Avg Rate

631.74

Rank

Brokers

#74#25#81

Net Flow Impact:

-70,804units

(Rs. -44,542,741)

Net Flow by Timeframe

SHIVM — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 703,102 ]

Buy Side

Total: 366,166

Broker

QTY

AVG

NET

55,874

629.97

+7,193

8.9%

36,049

638.93

+28,931

5.7%

27,326

633.01

+21,647

4.3%

24,673

641.29

+10,440

3.9%

24,548

628.05

+21,655

3.9%

23,592

632.05

+2,370

3.8%

21,900

632.68

+20,407

3.5%

21,563

631.53

+4,644

3.4%

21,514

632.86

+6,492

3.4%

20,820

629.65

+10,680

3.3%

18,974

628.79

+6,323

3.0%

18,465

629.91

+1,948

2.9%

17,632

629.53

+1,068

2.8%

16,858

628.77

+16,636

2.7%

16,378

630.62

+8,526

2.6%

Sell Side

Total: 336,936

Broker

QTY

AVG

NET

91,530

627.76

-85,295

14.6%

69,199

629.99

-62,999

11.0%

50,589

641.33

-47,579

8.0%

16,973

629.66

-16,322

2.7%

16,923

628.27

-11,433

2.7%

13,868

636.96

-13,236

2.2%

13,732

643.24

-11,556

2.2%

11,301

625.13

-5,645

1.8%

10,958

633.87

-8,788

1.7%

9,176

634.74

-8,636

1.5%

9,012

629.96

-4,962

1.4%

6,829

630.42

-1,143

1.1%

5,993

630.10

-4,993

0.9%

5,553

633.55

-1,578

0.9%

5,300

624.61

-3,890

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Non-current Assets
Intangible Assets	205.51	3340.21	226.79	0	-93.85%
Property, Plant and Equipment	3,880,149	3,861,121	3,592,990	0	+0.49%
Investments	4,874,489	4,716,417	4,706,874	0	+3.35%
Prepayments	0.00	0.00	0.00	0	-
Advances	0.00	0.00	0.00	0	-
Deferred Tax Assets	0.00	0.00	0.00	0	-
Others Non-Current Assets	59,897	38,008	34,183	0	+57.59%
Total Non-Current Assets	8,814,740	8,618,886	8,334,274	0	+2.27%
Current Assets
Inventories	2,433,615	1,960,019	1,409,299	0	+24.16%
Trade Receivables	1,070,187	1,085,394	1,860,197	0	-1.40%
Income Tax Receivable	0.00	0.00	305.65	0	-
Cash and Cash Equivalents	279,233	251,034	457,046	0	+11.23%
Other Current Assets	490,937	332,116	197,123	0	+47.82%
Total Current Assets	4,273,972	3,628,564	3,923,971	0	+17.79%
Total Assets	13,088,712	12,247,450	12,258,245	0	+6.87%
Equity And Liabilities
Equity
Paid Up Capital	5,593,229	5,456,809	5,027,000	0	+2.50%
Reserves and Surpluses	4,771,677	4,425,632	4,433,459	0	+7.82%
Non-Controlling Interest	0.00	0.00	0.00	0	-
Total Equity	10,364,906	9,882,440	9,460,459	0	+4.88%
Liabilities
Non-Current Liabilities
Retirement Benefit Obligation	0.00	0.00	0.00	0	-
Deferred Tax Liability	197,916	194,729	136,057	0	+1.64%
Borrowing	11,975	1,020	4,677	0	+1074.55%
Provisions and Payables	0.00	3432.66	0.00	0	-100.00%
Total Non-Current Liabilities	209,891	199,181	140,734	0	+5.38%
Current Liabilities
Borrowing	11,975	1,020	4,677	0	+1074.55%
Trade Payables	1,587,931	1,632,844	1,729,752	0	-2.75%
Provisions and Payables	0.00	3432.66	0.00	0	-100.00%
Income Tax Payables	27,806	30,118	0	0	-7.68%
Other Current Liabilities	500,896	602,921	777,279	0	-16.92%
Total Current Liabilities	2,513,915	2,365,829	2,657,052	0	+6.26%
Total Liabilities	2,723,806	2,565,010	2,797,787	0	+6.19%
Total Equity and Liabilities	13,088,712	12,447,450	12,258,245	0	+5.15%

Sector Peers — Manu.& Pro. (18)

Peer Comparison

Manu.& Pro. SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Account Payable Days	Account Payable Ratio	Account Receivable Days	Account Receivable Ratio	Asset Turnover	Book Value Per Share	Current Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	Graham's Number	Interest Coverage	Inventory Days	Inventory Turnover Ratio	Net Profit Margin	P/B	P/E (Annualized)	PEG	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
BNL	14,744	-456	-3%	-	84.3	4.33	56.5	6.46	0.69	3,115.45	1.11	1.31	150.48	-100.89	-	29.02	187.18	1.95	2.87	6.68	103.8	0.07	-142.73	5.3	0.69	1.96	-1.32%	7.07	4.76	-3.19%	73.61
BNT	11,600	-139.7	-1.19%	0.01	58.12	6.28	72.28	5.05	0.75	3,137.85	0.9	1.51	305.29	-339.9	-	25.91	191.1	1.91	4.98	5.01	38.65	0.16	-34.13	3.43	0.47	3.73	-4.16%	11.76	9.2	-10.24%	88.38
ECL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GCIL	352.3	-10.19	-2.81%	0.02	-	-3.13	153.36	2.38	0.21	168.7	0.83	1.59	-4.21	-5.27	-	155.88	-	-1.42	-4.46	3.5	-105.2	-	-79.32	8.36	0.48	-0.93	-1.17%	6.23	-2.45	-3.07%	-
HDL	1,143.5	-3.56	-0.31%	0.04	139.85	2.61	160.09	2.28	0.78	131.8	5.09	0.2	30.78	28.89	292.7	0.16	248.3	1.47	27.53	11.81	37.94	-	40.43	18.58	4.29	21.41	20.1%	32.75	25.72	24.15%	74.42
NLO	269.4	0	0%	-	78.33	4.66	162.95	2.24	1.4	559.45	1.45	1.38	78.19	-	-	23.86	144.27	2.53	4.43	0.64	3.45	0.11	-	0.27	0.9	6.2	-	22.07	15.03	-	79.99
OMPL	1,007	-28.05	-2.71%	0.01	-	-	-	-	0.13	97.5	1.39	1.62	-9.1	-6.6	-	-	235.48	1.55	-29.44	16.97	-136.37	-	-175	71.35	1.27	-3.79	-2.74%	3.63	-9.05	-6.56%	-
PCIL	662	-19.98	-2.93%	0.03	46.09	7.92	78.83	4.63	0.41	129.58	2.29	1.26	2.04	-	-	82.15	232.48	1.57	1.68	3.74	177.94	-	-	5.33	0.85	0.69	-	5.2	1.56	-	84.33
RSML	3,219	-28.91	-0.89%	0.06	15.12	24.14	66.24	5.51	0.69	497.37	2	0.48	18.73	22.05	496.75	41.3	121.67	3	3.57	12.87	256.22	-	162.36	16.3	1.1	2.45	2.89%	6.09	4.23	4.97%	85
SAGAR	1,533.4	-36.58	-2.33%	0.01	99.18	3.68	890.24	0.41	0.18	127.08	1.71	0.6	-6.49	-	-	-	292	1.25	-18.22	20.17	-296.15	-	-	95.87	1.42	-3.19	-	-2.79	-5.11	-	-
SAIL	929	-25.98	-2.72%	0.02	58.87	6.2	179.8	2.03	0.6	110.9	3.08	0.65	1.64	-	-	69.55	178.05	2.05	1.48	15.58	790.24	24.65	-	20.86	1.83	0.89	-	4.45	1.47	-	99.04
SAPIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARBTM	809	-2.03	-0.25%	0.04	42.59	8.57	89.9	4.06	0.6	195.96	1.1	0.62	23.12	25.02	332.14	14.58	144.84	2.52	12.92	5.87	37.31	0.87	34.58	8.57	0.72	7.71	8.34%	15.56	12.15	13.14%	83.02
SONA	419	-1.01	-0.24%	0.01	1.04	351.82	129.89	2.81	0.29	197.22	1.94	1.39	9.81	10.02	210.86	55.85	405.56	0.9	7.43	3.09	46.59	0.11	44.71	6.16	0.73	2.15	2.2%	8.37	5.11	5.23%	78.8
SOPAN	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SOPL	885.3	-41.72	-4.5%	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SYPNL	1,343	-24.06	-1.76%	0.02	54.97	6.64	144.27	2.53	0.41	108.94	10.49	0.2	3.08	-	-	0.26	132.25	2.76	5.69	22.53	597.73	-	-	60.49	8.61	2.35	-	5.84	2.83	-	71.76
UNL	46,000	-700.51	-1.5%	0.04	848.84	0.43	306.72	1.19	0.36	5,114.98	2.24	0.55	658.99	2,100.98	15,549.78	1.39	480.26	0.76	24.3	12.17	70.87	-	22.24	30.62	1.74	8.65	27.59%	24.08	12.84	40.94%	80.58

AVG	5,661.06	-101.22	-1.81%	0.03	127.28	32.63	191.62	3.2	0.536	978.06	2.54	0.95	90.17	192.7	3,376.45	41.66	230.26	1.63	3.2	10.045	115.93	4.328	-14.096	25.106	1.79	3.59	5.75%	10.74	5.59	7.26%	81.72
MED	1,007	-25.98	-1.76%	0.02	58.5	6.2	144.27	2.53	0.505	182.33	1.83	0.96	14.27	10.02	332.14	27.47	191.1	1.74	4	9.245	42.62	0.135	22.24	12.435	1	2.25	2.2%	6.65	4.5	4.97%	80.58
MAX	46,000	0	0%	0.06	848.84	351.82	890.24	6.46	1.4	5,114.98	10.49	1.62	658.99	2,100.98	15,549.78	155.88	480.26	3	27.53	22.53	790.24	24.65	162.36	95.87	8.61	21.41	27.59%	32.75	25.72	40.94%	99.04
MIN	269.4	-700.51	-4.5%	0.01	1.04	-3.13	56.5	0.41	0.13	97.5	0.83	0.2	-9.1	-339.9	210.86	0.16	121.67	-1.42	-29.44	0.64	-296.15	0.07	-175	0.27	0.47	-3.79	-4.16%	-2.79	-9.05	-10.24%	71.76