Check Before You Invest : Shiva Cement Ltd

Q: Which industry/sub-sector does Shiva Cement Ltd belong to?

Shiva Cement Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Cement & Construction Materials segment.

Q: Is Shiva Cement Ltd a good quality company?

Shiva Cement Ltd is a weak quality company, based on a inconsistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Shiva Cement Ltd undervalued or overvalued?

Shiva Cement Ltd appears Undervalued, as its key valuation ratios are lower than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: -, Historic Median: -. Price to Book, Current: -22.54, Historic Median: -. Price to Sales, Current: 1.15, Historic Median: 3.84. EV to EBITDA, Current: 115.67, Historic Median: -47.05

Q: Is Shiva Cement Ltd a good buy now?

Shiva Cement Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Shiva Cement Ltd?

Shiva Cement Ltd revenue growth is -10.3% for FY-2025, which is below its 5-year CAGR of 57.22%, indicating slower growth.

Q: Gross Profit margin of Shiva Cement Ltd?

Shiva Cement Ltd Gross profit margin which is the profit after deduction of direct costs, is -38.4% for FY-2025, which is above its 5-year median of -69.9%, indicating increasing margins.

Q: Operating Profit Margin of Shiva Cement Ltd?

Shiva Cement Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -2% for FY-2025, which is above its 5-year median of -33.07% indicating increasing margins.

Q: Net Profit Margin of Shiva Cement Ltd?

Shiva Cement Ltd Net Profit Margin is -45.79% for FY-2025, is above its 5-year median of -77.21%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: -38.4, Historic Median: -69.9. Operating Profit Margin (%), Current: -2, Historic Median: -33.07. Net Profit Margin (%), Current: -45.79, Historic Median: -77.21

Q: Return on Asset of Shiva Cement Ltd?

Shiva Cement Ltd Return on Asset is -9.42%, which is below its 5-year historical median of -7.43%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Shiva Cement Ltd?

Shiva Cement Ltd Return on capital employed is -3.34% for FY-2025, which is above its 5-year historical median of -5.21%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Check Before You Invest : Shiva Cement Ltd

Snapshot

Q.1 Which industry/sub-sector does Shiva Cement Ltd belong to?

Shiva Cement Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Cement & Construction Materials segment.

Q.2 Is Shiva Cement Ltd a good quality company?

Shiva Cement Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Shiva Cement Ltd undervalued or overvalued?

Shiva Cement Ltd appears Undervalued, as its key valuation ratios are lower than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	-	-
Price to Book	-22.54	-
Price to Sales	1.15	3.84
EV to EBITDA	115.67	-47.05

Q.4 Is Shiva Cement Ltd a good buy now?

Shiva Cement Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Shiva Cement Ltd?

Shiva Cement Ltd revenue growth is -10.3% for FY-2025, which is below its 5-year CAGR of 57.22%, indicating slower growth.

Q.2 Gross Profit margin of Shiva Cement Ltd?

Shiva Cement Ltd Gross profit margin which is the profit after deduction of direct costs, is -38.4% for FY-2025, which is above its 5-year median of -69.9%, indicating increasing margins.

Q.3 Operating Profit Margin of Shiva Cement Ltd?

Shiva Cement Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -2% for FY-2025, which is above its 5-year median of -33.07% indicating increasing margins.

Q.4 Net Profit Margin of Shiva Cement Ltd?

Shiva Cement Ltd Net Profit Margin is -45.79% for FY-2025, is above its 5-year median of -77.21%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	-38.4	-69.9
Operating Profit Margin (%)	-2	-33.07
Net Profit Margin (%)	-45.79	-77.21

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Shiva Cement Ltd?

Shiva Cement Ltd Return on Asset is -9.42%, which is below its 5-year historical median of -7.43%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Shiva Cement Ltd?

Shiva Cement Ltd Return on capital employed is -3.34% for FY-2025, which is above its 5-year historical median of -5.21%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Shiva Cement Ltd?

Shiva Cement Ltd Return on equity is 0% for FY-2025, which is above its 5-year historical median of -46.88%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of Shiva Cement Ltd?

Shiva Cement Ltd Cash conversion cycle is 10 days, below its 5-year historical median of 109 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.21	0.18
ROE (%)	-	-46.88
ROCE (%)	-3.34	-5.21
Cash Conversion Cycle	10 days	109 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Shiva Cement Ltd?

Shiva Cement Ltd Debt-to-Equity ratio is 13.68, which is above the industry average of 0.36, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of Shiva Cement Ltd?

Shiva Cement Ltd Debt to cash flow from operations is -25.02, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Shiva Cement Ltd?

Q.1 Promoter shareholding and pledge status of Shiva Cement Ltd?

Promoters hold 66.50% of the Shiva Cement Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Shiva Cement Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Shiva Cement Ltd vs industry peers?

Shiva Cement Ltd revenue CAGR is 57.22%, compared to the industry median CAGR of 5.89%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-10.3	5.9
Gross Profit Growth (%)	0	-0.6
Operating Profit Growth (%)	-128.2	-2.5
Net Profit Growth (%)	0	-8.8

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.21	0.82
ROE (%)	-	7.28
ROCE (%)	-3.34	9.38
Cash Conversion Cycle (days)	9.6	17

Valuation & price assessment

Q.1 Stock return of Shiva Cement Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 12.5% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	12.5%	-7.9%	-26.9%	-44%

Q.2 Valuation ratios of Shiva Cement Ltd vs historical?

The current P/E ratio of 0 is in line with than its historical median of , indicating that the stock is trading near its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	-	-	22.88
Price to Book	-22.54	-	1.92
Price to Sales	1.15	3.84	1.41
EV to EBITDA	115.67	-47.05	11.61

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Check Before You Invest : Shiva Cement Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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