SHIVM Strengthens Balance Sheet with Rs 13.08 Billion in Total Assets
Shivam Cements reports a Rs 61.91 crore net profit, ready to pivot as soon as the domestic infrastructure market recovers.
In its latest Q3 filing, Shivam Cements showcased a strong balance sheet, with total assets reaching Rs 13.08 billion. While industry-wide demand contraction led to an 8% decline in operating income, the company’s bottom line remained healthy, posting a profit of Rs 61.91 crore. Analysts highlight the company’s low long-term debt as a key factor in its low financial risk profile. By balancing Rs 8.81 billion in fixed assets with a significant reduction in operating expenses, SHIVM has positioned itself as a stable choice for investors looking for industrial resilience.