SHIVAM CEMENTS LTD

Manu.& Pro.Mid Cap

NPR 685.00

NPR +1.2+0.18%

09:14 AM NPT · Nov 6, 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

700.00

High

700.00

Low

679.40

Prev Close

683.80

Volume

117,682

Turnover

Rs 80,536,802.6

Txns

Valuation · Q4 FY25/26

EPS Ann.

14.03

EPS TTM

14.03

BVPS

188.76

P/E Ann.

48.82

P/E TTM

48.82

Graham #

244.10

Capital

Mkt Cap

38.31 Arab

Total

5.59 Crore

Public

5.59 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

50.79

ADX

18.11

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

685.93

SMA 50

671.53

Bands & Channels

BB Width %

5.55%

Volume & Flow

OBV

3,296,166

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

807,764

Shares Bought

Total Sell

807,764

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 45%

Distribution 55%

Accumulators

Quantity

178,350

Amount

123,317,318

Avg Rate

691.43

Rank

Brokers

#69#81#45#77#71

Distributors

Quantity

217,918

Amount

149,736,699

Avg Rate

687.12

Rank

Brokers

#44#39#58#80

Net Flow Impact:

-39,568units

(Rs. -26,419,381)

Net Flow by Timeframe

SHIVM — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 862,509 ]

Buy Side

Total: 416,130

Broker

QTY

AVG

NET

51,602

688.55

+31,828

6.4%

51,017

690.86

+23,271

6.3%

37,690

697.26

+37,690

4.7%

35,781

688.31

+1,034

4.4%

32,471

690.60

+7,507

4.0%

31,972

692.11

+15,124

4.0%

29,311

688.71

+3,674

3.6%

23,074

686.76

+14,404

2.9%

21,991

688.11

+21,091

2.7%

21,099

688.14

+12,801

2.6%

16,990

684.44

+11,992

2.1%

16,803

686.98

+13,293

2.1%

16,050

693.40

+15,750

2.0%

15,753

691.29

+7,104

1.9%

14,526

689.62

+8,970

1.8%

Sell Side

Total: 446,379

Broker

QTY

AVG

NET

98,185

686.41

-54,846

12.2%

56,971

689.71

-25,342

7.0%

52,491

690.58

-30,937

6.5%

40,614

684.32

-36,724

5.0%

35,869

690.98

-23,258

4.4%

26,628

687.22

-26,528

3.3%

101

20,550

692.48

-17,052

2.5%

17,662

691.06

-2,819

2.2%

16,807

690.75

-1,275

2.1%

15,849

692.86

-10,029

2.0%

15,447

690.97

-13,555

1.9%

13,906

682.64

-6,379

1.7%

12,497

692.54

-2,495

1.6%

11,865

693.74

-2,645

1.5%

11,038

693.30

-10,358

1.4%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Non-current Assets
Intangible Assets	393.01	11303.88	200.18	0	-96.52%
Property, Plant and Equipment	3,964,355	3,885,989	3,606,677	0	+2.02%
Investments	5,264,489	4,886,417	4,704,489	0	+7.74%
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	60,482	37,123	34,464	0	+62.92%
Total Non-Current Assets	9,289,719	8,820,833	8,345,830	0	+5.32%
Current Assets
Inventories	2,209,913	1,735,417	1,871,476	0	+27.34%
Trade Receivables	664,318	819,967	1,129,101	0	-18.98%
Income Tax Receivable	0.00	0.00	13718.72	0	-
Cash and Cash Equivalents	750,189	1,051,817	440,488	0	-28.68%
Other Current Assets	158,015	170,243	158,068	0	-7.18%
Total Current Assets	3,782,436	3,777,444	3,612,852	0	+0.13%
Total Assets	13,072,155	12,598,277	11,958,682	0	+3.76%
Equity And Liabilities
Equity
Paid Up Capital	5,593,229	5,456,809	5,027,000	0	+2.50%
Reserves and Surpluses	4,964,337	4,832,990	4,475,032	0	+2.72%
Non-Controlling Interest	0.00	0.00	0.00	0	-
Total Equity	10,557,566	10,289,799	9,502,032	0	+2.60%
Liabilities
Non-Current Liabilities
Retirement Benefit Obligation	0.00	0.00	0.00	0	-
Deferred Tax Liability	203,205	200,342	141,918	0	+1.43%
Borrowing	3,195	13,900	3,959	0	-77.01%
Provisions and Payables	0.00	0.00	0.00	0	-
Total Non-Current Liabilities	206,400	214,242	145,876	0	-3.66%
Current Liabilities
Borrowing	3,195	13,900	3,959	0	-77.01%
Trade Payables	1,607,460	1,522,272	1,708,718	0	+5.60%
Provisions and Payables	0.00	0.00	0.00	0	-
Income Tax Payables	5,437	0	0	0	-
Other Current Liabilities	549,844	436,055	521,193	0	+26.10%
Total Current Liabilities	2,308,189	2,094,236	2,310,774	0	+10.22%
Total Liabilities	2,514,589	2,308,478	2,456,650	0	+8.93%
Total Equity and Liabilities	13,072,155	12,598,277	11,958,682	0	+3.76%

Sector Peers — Manu.& Pro. (18)

Peer Comparison

Manu.& Pro. SECTOR — NEPAL

2025/2026 Q4

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)	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
BNL	14,186.2	0	0%	0.03	59.84	6.1	38.22	9.55	0.89	3,460.17	1.26	0.9	450.71	450.71	5,923.64	11.67	118.51	3.08	7.39	4.09	31.39	32.91	2.32	0.8	6.6	6.6%	16.78	13.92	13.92%	71.34
BNT	12,000	+292.68	+2.5%	0.01	36.03	10.13	29.34	12.44	1.03	3,470.17	0.97	0.94	544.86	544.86	6,522.43	15.34	114.78	3.18	7.59	3.35	21.31	22.85	1.62	0.46	7.83	7.83%	19	17.05	17.05%	81.23
ECL	1,274.9	+3.94	+0.31%	0	80.75	4.52	299.18	1.22	0.42	116.63	5.35	0.19	7.38	-	-	3.04	222.56	1.64	12.81	-	-	-	-	4.42	5.33	-	9.17	6.32	-	79.47
GCIL	388	-17.99	-4.43%	0.02	-	-3.73	78.83	4.63	0.21	165.73	0.66	1.57	-6.13	-6.13	-	-	-	-2.05	-6.51	2.05	-55.46	-61.39	3.61	0.35	-1.39	-1.39%	5.88	-3.63	-3.63%	-
HDL	1,299	+9.03	+0.7%	0.05	35.64	10.24	81.11	4.5	0.85	141.43	9.37	0.11	32.71	32.71	322.63	0.26	181.59	2.01	27.59	8.06	34.85	37.42	9.62	7.85	23.31	23.31%	32.73	25.69	25.69%	73.86
NLO	279.4	0	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	-	0.27	0.9	6.2	-	22.07	15.03	-	79.99
OMPL	799.9	+4.93	+0.62%	0	-	-	-	-	0.14	98.04	1.32	1.61	-6.29	-6.29	-	353	103.99	3.51	-17.96	8.98	-139.9	-143.8	25.13	1.23	-2.56	-2.56%	5.16	-6.23	-6.23%	-
PCIL	606	-5.01	-0.82%	0.02	18.27	19.98	38.22	9.55	0.46	129.15	3.19	1.13	1.07	-	-	89.43	130.36	2.8	0.83	4.61	556.07	-	4.68	1.13	0.38	-	4.46	0.82	-	88.12
RSML	2,669	+44.87	+1.71%	0.05	-	-36.2	51.12	7.14	0.72	503.32	2.07	0.46	21	21	487.67	-134.66	-	-4.4	3.81	5.9	141.43	131.29	5.39	1.22	2.76	2.76%	6.31	4.66	4.66%	84.85
SAGAR	1,505	-13.97	-0.92%	0.01	154.01	2.37	1,013.89	0.36	0.14	119.96	2.1	0.77	-7.89	-	-	-	282.95	1.29	-27.28	13.49	-205.07	-	55.97	1.87	-3.72	-	-4.47	-6.57	-	-
SAIL	902	+9.99	+1.12%	0.01	52.37	6.97	116.61	3.13	0.59	108.23	2.22	0.73	1.09	-	-	72.78	160.79	2.27	0.98	7.74	768.81	-	7.57	1.15	0.58	-	4.47	1.01	-	79.36
SAPIL	1,078.9	-14.99	-1.37%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARBTM	806	-6.99	-0.86%	0.04	34.56	10.56	90.35	4.04	0.65	199.82	1.11	0.59	21.2	21.2	308.73	15.28	101.11	3.61	10.79	3.86	36.42	38.44	3.93	0.67	7	7%	14.26	10.8	10.8%	82.4
SONA	467	+0.51	+0.11%	0.01	63.7	5.73	114.78	3.18	0.3	200.81	1.46	1.49	10.96	10.96	222.53	52.59	306.72	1.19	7.63	2	36.61	36.95	2.79	0.59	2.3	2.3%	8.69	5.6	5.6%	79.88
SOPAN	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SOPL	608	+2	+0.33%	0.01	114.42	3.19	598.36	0.61	0.19	121.41	7.85	0.3	2.23	-	-	49.07	66.61	5.48	7.48	6.42	349.78	-	26.17	7.46	1.41	-	4.1	1.83	-	83.99
SYPNL	1,275	+1.15	+0.09%	0.02	37.24	9.8	72.28	5.05	0.47	111.78	9.59	0.19	5.16	-	-	0.15	107.99	3.38	8.3	11.23	243.22	-	20.2	7.58	3.89	-	8.16	4.61	-	79.87
UNL	48,500	+589.3	+1.23%	0.04	191.1	1.91	65.06	5.61	1.01	5,537.13	2.37	0.52	1,712.27	1,712.27	14,605.61	1.9	122.9	2.97	19.92	8.52	27.57	28.03	5.49	1.72	20.09	20.09%	64.77	30.57	30.57%	81.36

AVG	5,214.37	52.91	0.02%	0.02	73.56	3.75	190.02	4.88	0.592	940.2	3.27	0.81	179.28	309.03	4,056.18	39.55	154.65	2.03	4.24	6.063	123.37	13.633	11.651	2.46	5	7.33%	13.85	7.59	10.94%	80.44
MED	1,078.9	1.15	0.11%	0.01	59.84	5.73	81.11	4.5	0.53	153.58	2.09	0.75	9.17	21.2	487.67	15.31	126.63	2.67	7.44	5.9	34.85	32.91	5.39	1.19	3.33	6.6%	8.43	5.13	10.8%	79.99
MAX	48,500	589.3	2.5%	0.05	191.1	19.98	1,013.89	12.44	1.4	5,537.13	9.59	1.61	1,712.27	1,712.27	14,605.61	353	306.72	5.48	27.59	13.49	768.81	131.29	55.97	7.85	23.31	23.31%	64.77	30.57	30.57%	88.12
MIN	279.4	-17.99	-4.43%	0	18.27	-36.2	29.34	0.36	0.14	98.04	0.66	0.11	-7.89	-6.29	222.53	-134.66	66.61	-4.4	-27.28	0.64	-205.07	-143.8	0.27	0.35	-3.72	-2.56%	-4.47	-6.57	-6.23%	71.34