Comparison of Ghorahi Cement & Shivam Cement

Comparison of Ghorahi Cement & Shivam Cement

We have detail information of Comparison of Ghorahi Cement & Shivam Cement. These are two biggest cement manufacturing company in Nepal.

Short Introduction of Companies

Ghorahi Cement

Ghorahi Cement Ltd is a subsidiary company of triveni Group which was established in the year 2009. The manufacturing site is located at largest valley of the asia, Ghorahi, Dang, Nepal. It has 3 mines with 30 years of licensing period for extracting raw material for manufacturing cement.

Shivam Cement

Shivam Cement Ltd (SHIVAM) was established in 2003 but started its production from 2011. It is currently producing 3000 TPD cement and 1900 TPD clinker from the company’s self-owned limestone. The company was converted into public ltd company in 2015 and distributed its holding to general public as well through IPO.

The corporate office of the company is located at Siddhartha Insurance Bhawan, 2nd Floor, Anamnagar, Kathmandu, Nepal.

Comparison of Ghorahi Cement & Shivam Cement

Following are the detail information.

ParticularsGhorahi CementShivam Cement
Manufacturing Site LocationDang, Ghorahi ( Province 5)Hetauda, Makwanpur, Province 3
ProductProduce OPC, PPC, & ClinkerOPC & Clinker
Mines3 Mines7 Mines
Licensing30 years9 to 15 years
Annual Production 427,830 MTPA – OPC & PPC
501,512 MTPA – Clinker
753,970 MTPA – OPC Cement
479,419 MTPA – Clinker
ParticularsGhorahi CementShivam Cement
Brand ValueAverageHigh
Share Locked In Period 3 Years Reamining There is no Locked in Period in Shivam Cement.
( It means employee, locals and Promoters
is selling their shares in open market. )
Public Holding20%100%
Subsidiaries Company– 3 Companies involved in in minerial study, findings, and exploration.
– Realstate Company
Shivam Holdings Ltd (88%)
SCL Investment Pvt Ltd – 100%
Main Business YearLumbini, Bagmati, SudurpaschimKoshi, Madesh, Bagmati & Gandaki
Particulars Ghorahi CementShivam Cement
Paid Up Capital (Q2)Rs. 3.17 arba ( before IPO) Rs. 4.40 arba
Reserve and Surplus Rs. 3.95 arbaRs. 4.70 arba
Long term debtRs. 10.14 arbaRs. 10.02 crore
Short Term debt Rs. 4.64 arbaRs. 3.29 arba
Sales RevenueRs. 1.83 arbaRs. 3.34 arba
Net ProfitRs. 1.58 croreRs. 32.90 crore
Annualized EPS ( Q2 )Rs. 1Rs. 14.96
Net Worth Per ShareRs. 227.10Rs. 206.85
Dividend 0%95% cash Dividend

Ratio

ParticularsGhorahi CementShivam Cement
Gross profit Margin26.68%21.46%
Net Profit Margin0.86%9.84%
Current Ratio0.93 times1.37 times
Long term debt equity 1.43 times0.011 times
Return on Equity (ROE)0.44%7.23%
Price to Sales Ratio7.54 times5.33 times
Price to Book Value ratio1.91 times1.96 times ( May 4)
IPO price 435 ( Yet to Issue )404.90 ( May 4 price)
NEA Bill due provision Rs. 1.15 arbaRs. 1.27 arba

Note:

a. Shivam Holdings Ltd is invested in 30% of the Hongshi Cement. and remaning 70 is invested by Hongshi Group.

b. SCL Investment Pvt Ltd is invested in 16 other companies.

c. This analysis is done for the educational purpose only.

Other Important Links:

a. Company Analysis of Ghorahi Cement Company: CLICK HERE

b. EPS of commercial Bank: CLICK HERE

c. EPS of microfinance: CLICK HERE