Shiva Cement Ltd

Shiva Cement Ltd

₹ 48.8 -1.01%
24 Jun - close price
About

Shiva Cement Ltd is engaged in the business of manufacture and sale of cement, clinker and trading of allied products.[1]
It is a subsidiary of JSW Cement Ltd which commenced operations in 1986 in Orissa.[2]

Key Points

Product Portfolio
The company primarily manufactures 2 different types of cement i.e. Portland pozzolana cement and Portland slag cement. It manufactures cement under 'JSW' and 'Mahabal Brand'. [1] [2]

  • Market Cap 1,441 Cr.
  • Current Price 48.8
  • High / Low 60.5 / 38.6
  • Stock P/E
  • Book Value -4.98
  • Dividend Yield 0.00 %
  • ROCE 0.77 %
  • ROE %
  • Face Value 2.00

Pros

  • Promoter holding has increased by 6.85% over last quarter.

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Cement Industry: Cement - South India

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
8 3 1 0 0 0 0 0 0 0 104 98 144
11 7 3 3 15 15 11 2 12 3 93 93 120
Operating Profit -3 -4 -2 -3 -15 -15 -11 -2 -12 -3 12 5 25
OPM % -38% -108% -348% -10,200% 11% 5% 17%
0 0 0 2 3 1 0 1 1 0 1 1 1
Interest 3 2 2 2 2 3 3 3 4 2 31 38 30
Depreciation 2 2 2 2 1 2 1 30 27 2 8 11 10
Profit before tax -8 -7 -6 -6 -15 -18 -15 -33 -42 -6 -26 -44 -15
Tax % 24% 26% 26% 26% 26% 26% 27% 26% 25% 26% 26% 26% 23%
-6 -5 -4 -4 -11 -13 -11 -25 -31 -5 -19 -32 -12
EPS in Rs -0.19 -0.18 -0.15 -0.15 -0.38 -0.45 -0.38 -0.84 -1.06 -0.16 -0.66 -1.10 -0.40
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
57 63 66 68 22 25 29 32 28 3 0 347
46 53 57 58 28 34 36 39 38 13 13 308
Operating Profit 10 10 10 9 -6 -8 -7 -7 -9 -9 -13 39
OPM % 18% 15% 15% 14% -26% -33% -24% -21% -33% -261% 11%
0 0 0 0 -11 -10 0 -1 3 -10 -24 2
Interest 3 3 3 4 8 14 15 15 15 9 13 101
Depreciation 4 3 4 5 6 8 8 8 8 7 59 31
Profit before tax 4 4 3 1 -30 -40 -29 -31 -29 -35 -109 -92
Tax % 32% 33% 9% 100% 32% 22% 27% 25% 25% 26% 26% 25%
3 2 2 0 -20 -31 -21 -23 -22 -26 -80 -68
EPS in Rs 0.09 0.09 0.09 0.00 -0.69 -1.05 -0.72 -0.77 -0.74 -0.87 -2.73 -2.32
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 64%
3 Years: 130%
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -28%
Stock Price CAGR
10 Years: 28%
5 Years: 33%
3 Years: 20%
1 Year: 11%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 40 40 40 40 39 39 39 39 39 39 39 39
Reserves 55 57 60 60 43 12 -9 -33 -56 -82 -117 -186
Preference Capital 0 0 0 0 0 0 0 0 100 0 59
19 27 44 47 76 130 138 155 147 802 1,231 1,423
22 28 26 36 28 24 35 50 173 139 239 265
Total Liabilities 136 152 170 183 186 204 202 211 302 898 1,392 1,542
69 66 111 118 153 147 142 135 128 112 35 1,062
CWIP 29 37 7 7 0 1 1 6 31 464 905 110
Investments 0 0 0 0 0 0 0 0 0 0 0 0
38 48 53 58 33 57 59 71 143 323 451 370
Total Assets 136 152 170 183 186 204 202 211 302 898 1,392 1,542

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 6 9 14 35 -59 -5 -11 -4 -113 -110 253
-9 -8 -17 -12 -40 -11 -3 -6 -75 -362 -342 -254
3 1 8 -2 6 70 8 17 86 479 448 8
Net Cash Flow 0 -0 -0 -0 0 0 0 -0 7 4 -3 7

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 59 72 82 83 21 61 37 16 24 3 0
Inventory Days 146 181 143 138 299 782 303 494 511 1,550 24,546 226
Days Payable 118 40 36 28 240 480 179 279 327 697 38,584 307
Cash Conversion Cycle 86 214 190 192 79 362 160 232 208 856 -81
Working Capital Days 139 149 141 147 -608 47 -1,697 -467 -575 -4,319 -130
ROCE % 7% 6% 5% 3% -7% -9% -8% -9% -7% -2% -7%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 59.59% 66.44%
0.27% 0.27% 0.27% 0.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.10% 0.11%
0.11% 0.11% 0.11% 0.11% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.07%
40.04% 40.04% 40.04% 39.99% 40.31% 40.32% 40.32% 40.31% 40.31% 40.20% 40.21% 33.36%
No. of Shareholders 46,16346,47946,09748,53148,68947,66347,06346,31546,43647,74750,35453,201

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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