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Shiva Cement

SHIVACEM NSE
₹13.03 +0.08 (+0.62%)
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹13.03 −11.69 −47.3% 1Y
Start ₹24.72

Key Fundamentals

MicrocapCement & Cement ProductsConstruction Materials

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
−1.43%
Debt to Equity
Not meaningful: shareholders’ equity is negative
EPS (TTM)
−₹3.95
Book Value
−₹2.21
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
Not meaningful: book value is negative
ROE
Not meaningful: shareholders’ equity is negative
Dividend Yield
0.00%
EBITDA
₹19.00 Cr
52W High
₹26.40
52W Low
₹12.00
Day Range
₹12.75 – ₹13.15
Volume
46,702

Peer Comparison

Commodities › Construction › Cement › Cement & Cement Products

Shiva Cement peer comparison
UltraTech Cement
₹11,816.0039.56₹3,46,219 Cr4.732.05%11.10%12.70%₹95,572 Cr₹8,834 Cr
Grasim Industries
₹3,138.0037.92₹2,11,790 Cr2.050.32%4.98%8.01%₹1,84,029 Cr₹11,261 Cr
Ambuja Cements
₹375.9521.09₹92,920 Cr1.570.54%8.85%5.61%₹39,867 Cr₹5,222 Cr
Shree Cement
₹24,175.0053.51₹86,846 Cr3.660.63%7.51%10.30%₹21,896 Cr₹1,637 Cr
JK Cement
₹5,076.3041.48₹39,409 Cr5.340.39%15.60%15.10%₹14,401 Cr₹939 Cr
Dalmia Bharat
₹1,407.0028.29₹26,437 Cr1.480.29%6.11%7.59%₹15,058 Cr₹953 Cr
ACC
₹1,185.3011.66₹22,384 Cr1.080.64%10.90%11.20%₹25,442 Cr₹1,908 Cr
Shiva Cement (this company)
₹13.03—₹383 Cr—0.00%—−1.43%₹481 Cr−₹117 Cr
Median 8 companies₹2,272.5037.92₹63,128 Cr2.050.47%8.85%9.16%₹23,669 Cr₹1,773 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

38 Weak

Data confidence 86/100

Category scores

Quality
41
Weak
Returns, margins, earnings quality 22% weight
Valuation
18
Poor
Cheap vs sector & own history 24% weight
Growth
89
Strong
Sales & profit trajectory 9% weight
Financial Health
17
Poor
Solvency, leverage, coverage 9% weight
Momentum
17
Poor
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

1
  • Company has low interest coverage ratio.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish856
OscillatorsBullish153
Moving AveragesStrong Bearish703

Key readings

RSI (14)
43.66
Neutral
MACD (12,26,9)
−0.43
Bullish
SMA (50)
14.46
Bearish
SMA (200)
17.22
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+20.39%
5Y+73.09%
3YZero base
1Y+39.87%
TTM+49.53%

Net profit

Net profit growth by window
10YTurned to loss
5YLoss widened by ₹104 Cr
3YLoss widened by ₹46 Cr
1YLoss narrowed by ₹16 Cr
TTMLoss narrowed by ₹34 Cr

Operating cash flow

Operating cash flow growth by window
10Y+19.76%
5YTurned positive
3YTurned positive
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−10.02 pp
5Y+35.36 pp
3YNo sales
1Y+5.15 pp
TTM+14.14 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹22.00 Cr
Mar 2018₹25.00 Cr
Mar 2019₹29.00 Cr
Mar 2020₹32.00 Cr
Mar 2021₹28.00 Cr
Mar 2022₹3.00 Cr
Mar 2023₹0.00 Cr
Mar 2024₹347 Cr
Mar 2025₹311 Cr
Mar 2026₹435 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹20.00 Cr
Mar 2018−₹31.00 Cr
Mar 2019−₹21.00 Cr
Mar 2020−₹23.00 Cr
Mar 2021−₹22.00 Cr
Mar 2022−₹26.00 Cr
Mar 2023−₹80.00 Cr
Mar 2024−₹68.00 Cr
Mar 2025−₹142 Cr
Mar 2026−₹126 Cr

Quarterly Results

₹ Cr
532323 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
104
98
145
97
51
58
106
106
82
126
121
151
Expenses
3
93
93
120
88
59
66
110
108
78
125
111
133
Operating Profit
−3
12
5
25
9
−9
−8
−3
−2
4
1
11
19
OPM %
—
11%
5%
17%
9%
−17%
−14%
−3.1%
−1.9%
4.9%
0.6%
9%
12%
Other Income
0
1
1
1
1
1
3
1
1
1
0
1
1
Interest
2
31
38
30
28
26
31
30
30
31
35
35
35
Depreciation
2
8
11
10
11
12
10
10
10
10
11
11
11
PBT
−6
−26
−44
−15
−29
−45
−46
−42
−41
−36
−45
−34
−26
Tax %
−26%
−26%
−26%
−23%
−26%
−26%
−25%
27%
−26%
−10%
−24%
−15%
−19%
Net Profit
−5
−19
−32
−12
−22
−34
−34
−53
−30
−33
−34
−29
−21
EPS (₹)
−0.16
−0.66
−1.1
−0.4
−0.73
−1.14
−1.15
−1.8
−1.03
−1.11
−1.15
−0.97
−0.72

Profit & Loss

₹ Cr
532323 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
66
68
22
25
29
32
28
3
0
347
311
435
481
Expenses
57
58
28
34
36
39
38
13
13
308
317
422
447
Operating Profit
10
9
−6
−8
−7
−7
−9
−9
−13
39
−6
14
34
OPM %
15%
14%
−26%
−33%
−24%
−21%
−33%
−261%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
11%
−2%
3.1%
7%
Other Income
0
0
−11
−10
0
−1
3
−10
−24
2
2
4
3
Interest
3
4
8
14
15
15
15
9
13
101
115
131
136
Depreciation
4
5
6
8
8
8
8
7
59
31
42
42
43
PBT
3
1
−30
−40
−29
−31
−29
−35
−109
−92
−162
−156
−141
Tax %
9%
100%
−32%
−22%
−27%
−25%
−25%
−26%
−26%
−25%
−12%
−19%
—
Net Profit
2
0
−20
−31
−21
−23
−22
−26
−80
−68
−142
−126
−117
EPS (₹)
0.09
0
−0.69
−1.05
−0.72
−0.77
−0.74
−0.87
−2.73
−2.32
−4.83
−4.26
−3.95
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
532323 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
40
40
39
39
39
39
39
39
39
39
59
59
Reserves
60
61
43
12
−9
−33
−56
−82
−162
−231
0
−126
Borrowings
45
48
76
130
138
155
247
802
1,334
1,468
1,460
1,740
Other Liabilities
26
35
28
24
35
50
73
139
180
265
183
242
Total Liabilities
170
183
186
204
202
211
302
898
1,392
1,542
1,701
1,915
Fixed Assets
111
118
153
147
142
135
128
112
35
1,034
1,126
1,206
CWIP
7
7
0
1
1
6
31
464
905
138
113
35
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
53
58
33
57
59
71
143
323
451
370
463
675
Total Assets
170
183
186
204
202
211
302
898
1,392
1,542
1,701
1,915

Cash Flow

₹ Cr
532323 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
9
14
35
−59
−5
−11
−4
−113
−110
253
−56
85
Investing
−17
−12
−40
−11
−3
−6
−75
−362
−342
−254
−210
−232
Financing
8
−2
6
70
8
17
86
479
448
8
261
146
Net Cash Flow
0
0
0
0
0
0
7
4
−3
7
−5
−1
Free Cash Flow
−8
2
−6
−71
−8
−18
−84
−475
−459
−1
−268
−151
CFO/OP
98
153
−615
714
70
162
47
1,249
833
651
887
636

Ratios

532323 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
82
83
21
61
37
16
24
3
—
0
1
0
Inventory Days
143
138
299
782
303
494
511
1,550
—
226
288
232
Days Payable
36
28
240
480
179
279
327
697
—
294
434
324
Cash Conversion Cycle
190
192
79
362
160
232
208
856
—
−67
−145
−93
Working Capital Days
47
28
−941
47
−1,697
−1,880
−636
−4,320
—
−158
−124
−302
ROCE %
5%
3%
−7%
−9%
−8%
−9%
−7%
−2%
−7%
1%
−3%
−1%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Shiva Cement insights

65 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 66.50%
  • Public 28.60%
  • Others 4.71%
  • FIIs 0.11%
  • DIIs 0.07%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Shiva Cement

What does Shiva Cement Ltd do?
Incorporated in 1985, Shiva Cements Ltd manufactures and sells cement, clinker and trading of allied product
Where is Shiva Cement Ltd (SHIVACEM) listed?
Shiva Cement Ltd trades as SHIVACEM on the NSE and under code 532323 on the BSE.
Which sector does Shiva Cement Ltd belong to?
Shiva Cement Ltd is classified under the Construction sector, in the Cement industry.
What is the 52-week high and low of Shiva Cement Ltd?
Over the last 52 weeks Shiva Cement Ltd has traded between ₹12 and ₹26.4 as of 4 Nov 2026.

Company Information

Incorporated in 1985, Shiva Cements Ltd manufactures and sells cement, clinker and trading of allied product

Website shivacement.com
Listed 17 Aug 2026
Face Value ₹2

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