SHIVAM CEMENTS LTD

Manu.& Pro.Mid Cap

NPR 632.50

NPR +0.4+0.06%

09:14 AM NPT · Aug 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

642.00

High

642.00

Low

628.00

Prev Close

632.10

Volume

37,300

Turnover

Rs 23,583,123.2

Txns

Valuation · Q3 FY25/26

EPS Ann.

14.76

EPS TTM

18.11

BVPS

185.31

P/E Ann.

42.85

P/E TTM

34.93

Graham #

248.08

Capital

Mkt Cap

34.51 Arab

Total

5.46 Crore

Public

5.46 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

29.43

ADX

43.79

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

645.55

SMA 50

640.75

Bands & Channels

BB Width %

6.2%

Volume & Flow

OBV

-41,394

Flow Analysis

[ Live 2026-08-13 ]

Total Buy

253,443

Shares Bought

Total Sell

253,443

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 39%

Distribution 61%

Accumulators

Quantity

61,783

Amount

39,263,542

Avg Rate

635.51

Rank

Brokers

#35#8#39#76#42

Distributors

Quantity

97,750

Amount

61,988,435

Avg Rate

634.15

Rank

Brokers

#57#56#17

Net Flow Impact:

-35,967units

(Rs. -22,724,894)

Net Flow by Timeframe

SHIVM — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 325,767 ]

Buy Side

Total: 149,824

Broker

QTY

AVG

NET

16,028

639.23

+14,657

6.3%

15,981

635.05

+1,783

6.3%

14,771

633.26

+14,428

5.8%

12,712

636.23

+7,273

5.0%

12,582

634.20

+9,956

5.0%

10,817

633.43

+3,160

4.3%

10,685

634.70

+7,566

4.2%

9,178

635.73

+7,516

3.6%

7,843

638.52

+3,844

3.1%

7,717

635.32

+7,717

3.0%

7,637

633.64

+7,327

3.0%

7,417

637.27

+6,365

2.9%

6,699

635.09

+4,181

2.6%

5,020

633.90

+4,420

2.0%

4,737

634.05

+4,319

1.9%

Sell Side

Total: 175,943

Broker

QTY

AVG

NET

44,110

632.22

-39,398

17.4%

32,814

635.91

-27,638

12.9%

22,439

634.89

-14,904

8.8%

20,826

635.47

-18,463

8.2%

11,975

636.21

-4,184

4.7%

6,980

633.68

-6,183

2.8%

6,521

642.44

-5,971

2.6%

6,303

637.40

-4,106

2.5%

5,500

635.09

-4,500

2.2%

4,109

638.46

-2,845

1.6%

3,553

639.18

-2,298

1.4%

3,387

635.29

-1,483

1.3%

2,786

637.94

-345

1.1%

2,350

635.00

-1,620

0.9%

2,290

632.22

-1,640

0.9%

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	14,500	+235.37	+1.65%	-	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	11,899	+299.27	+2.58%	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	1,559.9	-15.12	-0.96%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GCIL	346	+4	+1.17%	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	1,166	0	0%	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	911	+10.98	+1.22%	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	650.9	+27.91	+4.48%	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	2,546.1	-4.08	-0.16%	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	1,700	+19.99	+1.19%	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	1,100	+7	+0.64%	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	345	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARBTM	797.7	+2.78	+0.35%	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	406	+3.58	+0.89%	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	805	+3.93	+0.49%	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SYPNL	1,300	+1.95	+0.15%	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	47,700	-800.25	-1.65%	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	5,176.59	-12.67	0.75%	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	1,100	3.75	0.57%	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	47,700	299.27	4.48%	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	-800.25	-1.65%	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