Shiva Cement
- Market cap
- ₹ 381 Cr.
- P/E
- 97.3x
- 52-week range
- 12 – 17.94
- ROCE
- −1%
- Dividend yield
- 0%
- Sector
- Cement & Cement Products
- Industry
- Cement & Cement Products
- Listed on
- NSE, BSE
About
Shiva Cement Limited is an India-based company that is engaged in the business of manufacturing and sale of cement, clinker and trading of allied products. The Company is operating its clinkerisation facility with a production capacity of approximately 1.36 million tons per annum (MTPA). The Company's products include Portland pozzolana cement (PPC) and Portland slag cement (PSC). The Company's cement products are used in the construction of concrete roads and flyovers, dams, effluent treatment plants and water-retaining structures, foundation subsoil works, industrial and residential structures, marine works, mass construction works, and pile construction works, among others. Its manufacturing facility is located at the geographical border of three eastern states of India, namely Odisha, Chhattisgarh, and Jharkhand. Its marketing areas include Odisha, West Bengal, Jharkhand and Bihar. It has also installed a waste heat recovery system with a capacity of 8.9 megawatts (MW).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cement & Cement Products: 42 companies →Shiva Cement against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)97.3 against a typical 30: pricier than most peers (1st = cheapest).37th of 40
- Sales growth+42.5% against a typical +9.4% from a year earlier.3rd of 37
- Size₹ 381.1 Cr. market value against a typical ₹ 686.3 Cr. (1st = largest).20th of 32
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 30 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Oct 2025 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 1,066 Cr. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 104 | 98 | 145 | 97 | 51 | 58 | 106 | 106 | 82 | 126 | 121 | 151 |
| Expenses | 93 | 93 | 120 | 88 | 59 | 66 | 110 | 108 | 78 | 125 | 111 | 133 |
| Operating Profit | 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 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 0 | 1 | 1 |
| Interest | 31 | 38 | 30 | 28 | 26 | 31 | 30 | 30 | 31 | 35 | 35 | 35 |
| Depreciation | 8 | 11 | 10 | 11 | 12 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Profit before tax | −26 | −44 | −15 | −29 | −45 | −46 | −42 | −41 | −36 | −45 | −34 | −26 |
| Tax % | −26% | −26% | −23% | −26% | −26% | −25% | 27% | −26% | −10% | −24% | −15% | −19% |
| Net Profit | −19 | −32 | −12 | −22 | −34 | −34 | −53 | −30 | −33 | −34 | −29 | −21 |
| EPS in Rs | −0.66 | −1.1 | −0.4 | −0.73 | −1.14 | −1.15 | −1.8 | −1.03 | −1.11 | −1.15 | −0.97 | −0.72 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 20%
- 5 Years
- 73%
- 3 Years
- 3,417%
- TTM
- 50%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 24%
- 10 Years
- 10%
- 5 Years
- −13%
- 3 Years
- −27%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Shiva Cement | ₹ 12.72 | ₹ 381 Cr. | 97.3x | — | — | — |
| UltraTech Cement | ₹ 11,066.00 | ₹ 3,26,092 Cr. | 41.7x | 4.5x | 11.1% | 9.3% |
| Grasim Industries | ₹ 2,898.00 | ₹ 1,95,975 Cr. | 40.8x | 2x | 4.9% | 5.9% |
| Ambuja Cements | ₹ 358.00 | ₹ 88,956 Cr. | 21.9x | 1.8x | 8.3% | 13.8% |
| Shree Cement | ₹ 22,760.00 | ₹ 82,120 Cr. | 55.2x | 4.1x | 7.8% | 8.4% |
| Dalmia Bharat | ₹ 1,591.65 | ₹ 29,801 Cr. | 29.5x | 1.9x | 6.5% | 7.8% |
Management
- Manoj Kumar Rustagi
- Chief Executive Officer, Whole Time Director
- Girish Menon
- Chief Financial Officer
- Ishika Sharma
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.