Shiva Cement Ltd.

NSE: SHIVACEM · Cement & Cement Products · sector

₹12.85NSE close 2026-10-26

Key numbers

Market cap₹379 cr

Price₹12.85

52w high / low₹18 / ₹12

P/E3.2xSector median 21.5x

P/B–Sector median 1.4x

Book value₹-0.7

Dividend yield–Sector median 0.64%

ROE-286.5%Sector median 7.3%

ROCE-0.3%Sector median 6.3%

OPM6.7%Sector median 10.9%

Debt / equity–Sector median 0.48x

EV/EBITDA64.1xSector median 14.1x

Interest cover-0.0x

Current ratio0.28x

Sales growth 3y+400.5%Sector median +1.9%

Profit growth 3y–Sector median +16.8%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹2 cr vs borrowings ₹1,694 cr (FY26): borrowings are higher by ₹1,693 cr.
Operating profit covered interest -0.0x in the last 12 months.
Net loss in 6 of the last 6 quarters.
No dividend in the last 5 financial years.
Price ₹12.85 on 2026-10-26: -28.4% from the 52-week high, +5.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹49.63 · low ₹12.79

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	106	106	82	126	121	151
EBITDA	-3	-2	4	-1	11	19
OPM %	-3.2%	-1.9%	4.9%	-0.7%	8.7%	12.3%
Other income	1	1	1	2	1	1
Net profit	-53	-30	-33	-34	-29	-21
EPS (₹)	1.80	1.03	1.11	1.15	0.97	0.72
Revenue YoY					+14.1%	+43.4%
Profit YoY					–	–

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY21	FY22	FY24	FY25	FY26	TTM
Revenue	28	3	347	311	435	481
EBITDA	-11	-22	39	-11	12	32
Net profit	-22	-26	-68	-142	-126	-117
EPS (₹)	-1.13	-1.31	-3.50	4.87	4.26	3.95
Revenue growth		-87.8%	+9,892.2%	-10.3%	+39.8%	–
Profit growth		–	–	–	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+400.5%	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	103	-22
Borrowings	68	1,694
Cash & equivalents	3	2
Total assets	1,701	1,915
Fixed assets	1,059	1,142
Capital work in progress	105	21
Investments	0	0
Receivables	1	0
Inventory	65	77
Payables	63	86

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-56	85
Cash from investing	-210	-232
Cash from financing	261	146
Capex	212	236
Free cash flow	-268	-151

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	-137.8%	571.8%
ROCE %	-27.2%	-1.5%
Debtor days	1	0
Inventory days	288	232
Payable days	282	257
Cash conversion cycle (days)	7	-25
Working capital days	-91	-300

Peers in Cement & Cement Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
ULTRACEMCO	₹3,29,452 cr	37.4x	4.5x	12.1%	13.5%	19.0%	+11.9%	0.69%
GRASIM	₹2,00,762 cr	35.1x	1.9x	5.7%	5.9%	14.2%	+14.2%	0.83%
AMBUJACEM	₹91,448 cr	20.8x	1.5x	7.8%	4.8%	14.6%	+1.4%	0.62%
SHREECEM	₹84,932 cr	52.1x	3.6x	7.3%	9.6%	20.9%	+5.5%	0.60%
JKCEMENT	₹38,133 cr	40.3x	5.4x	14.4%	13.7%	15.9%	+12.2%	0.30%
DALBHARAT	₹30,890 cr	32.6x	1.7x	2.3%	6.9%	18.5%	+3.0%	0.55%
ACC	₹21,934 cr	11.5x	1.1x	9.8%	9.2%	10.4%	+5.3%	0.64%
RAMCOCEM	₹17,620 cr	27.3x	2.2x	8.3%	10.1%	20.7%	+3.4%	0.27%
JSWCEMENT	₹15,880 cr	20.5x	2.4x	11.6%	9.8%	17.2%	–	–
SHIVACEM	₹379 cr	3.2x	–	-286.5%	-0.3%	6.7%	+400.5%	–

All 38 companies in Cement & Cement Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Cement & Cement Products
Sub-industry	Cement & Cement Products
Symbol	SHIVACEM
BSE code	532323
ISIN	INE555C01029
Face value	₹2.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.