Shiva Cement Ltd Stock Analysis

BSE: 532323 | NSE: | Cement & Construction Materials | Small Cap

BSE Share Price 23-Mar-2023 18:01
49.15 -0.08 (-0.16%)

DeciZen - Make an Informed Decision on Shiva Cement

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shiva Cement Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
958.4 Cr.
52-wk low :
36
52-wk high :
67
Bole Toh?

1. Is Shiva Cement Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shiva Cement Ltd is a below average quality company.

2. Is Shiva Cement Ltd undervalued or overvalued?

The key valuation ratios of Shiva Cement Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shiva Cement Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shiva Cement Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shiva Cement:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shiva Cement Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 4.6%4.1%3.6%1.7%-4.8%-8.5%-6.3%-7.1%-6.7%-2%-
Value Creation Index -0.7-0.7-0.7-0.9-1.3-1.6-1.5-1.5NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 56.76366.367.72225.329.432.428.53.50
YoY Gr. Rt. %-11.1%5.2%2.1%-67.5%15%16.3%10.3%-12.2%-87.8%-
Adj EPS 0.10.10.10-0.7-1.2-1.1-1.1-1.2-0.8-3.1
YoY Gr. Rt. %--7.1%0%-100%NANANANANANA-
BVPS (₹) 4.955.25.24.22.61.50.3-0.9-2.2-4.7
Adj Net Profit 2.72.52.50-12.7-24-21.3-21.8-23.5-16.1-61
Cash Flow from Ops. 6.16.59.414.134.7-59.3-4.8-11.2-4.5-43.5-
Debt/CF from Ops. 3.54.24.73.42.2-2.2-28.4-13.9-55.3-18.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -26.7%-30.9%-50.9%-87.8%
Adj EPS -221.9%NANANA
BVPS -191.5-187.8-213.20
Share Price 32.5% 14.2% 93.1% 34.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 2.92.62.60-13.9-36.2-53-122425.253.890
Op. Profit Mgn % 18.515.314.613.7-25.7-32.9-23.6-21.4-33.1-261.60
Net Profit Mgn % 4.743.80-58-95-72.4-67.3-82.6-465.60
Debt to Equity 0.20.30.50.50.92.64.724.9-14.3-18.8-
Working Cap Days 18220723525262845644740585518,7300
Cash Conv. Cycle 103124130126248118113901091,1860

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 90.00%

Sales growth has been subdued in last 3 years -50.94%

Sales growth is not so good in last 4 quarters at -100.00%

Latest Financials - Shiva Cement Ltd.

Standalone Consolidated
TTM EPS (₹) -3.1 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -4.7 -
Reserves (₹ Cr.) -131 -
P/BV -10.42 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 36.00 / 67.00
All Time Low / High (₹) 0.91 / 67.00
Market Cap (₹ Cr.) 958
Equity (₹ Cr.) 39
Face Value (₹) 2
Industry PE 42.2

Management X-Ray of Shiva Cement :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shiva Cement

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Shiva Cement Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shiva Cement on 23-Mar-2023 18:01 is : 49.15.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Mar-2023 18:01 the market cap of Shiva Cement stood at ₹ 958.4.
The latest PE ratio of Shiva Cement as of 23-Mar-2023 18:01 is 0.00.
The latest PB ratio of Shiva Cement as of 23-Mar-2023 18:01 is -10.42
The 52-week high of Shiva Cement is ₹ 67.00 and the 52-week low is ₹ 36.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shiva Cement is ₹ 0.00 ( Cr.) .

About Shiva Cement Ltd

Shiva Cement manufactures cement and allied products in India. It offers various types of cements, including PS cement. The company is based in Rourkela, India. The company has its plants located at Kalunga and Sundargarh in Orissa. The company has a combined installed capacity of 177,000 tonne per annum. ACC has 15% stake in Shiva Cement and is likely to increase it to 25%. Shiva Cement also sells ACC cement in West Bengal and in some pockets of north-eastern India.

Milestones:

2003: - Tied up an ECB for $7 million with Habib Bank.

2005: - In September 2005, the company received an in-principle approval for its debt restructuring plan from its consortium of bankers, lead by IFCI.

2007: - On July 17, 2007 the shareholders approved the preferential allotment of 1,000,000 equity shares to IFCI.

On June 18, 2007 the board approved the allotment of 9,500,000 equity shares upon conversion of equity share warrants out of 23,000,000 existing equity shares warrants.

2010 - Shiva Cement has won first prize for ""Best overall performance"" on the occasion of 48th Mines Safety Week Celebration, Chaibasa Region under Directorate General of Mines Safety, Ministry of Labour, Govt. of India.

-The Company has been selected for the National Safety Award (Mines) for the year 2008 under the category "Lowest injury frequency rate" by the Directorate General of Mines & Safety, Dhanhad, Govt. of India.

-The Company has received a "Certificate of Merit" awarded by 'Dalal Street Investment Journal' for ranking among India's top 400 small cap company.

2011 -ShivaCement signed MOU with Govt. of Odisha for expanding the plant capacity.

2012 -Kharkurbahai Limestone Mines of Shiva Cement Ltd has been awarded Second prize in "Air Quality Management" during 14th Mines Environment & Mineral Conservation Week 2011-12 under the Aegis of Indian Bureau of Mines, Govt. of India.

Business areas of the company:

The company’s principal activity is to manufacture cement and allied products. Its product includes PS cement.

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