Shiva Mills Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 13, 2025, 12:15 pm

Market Cap	65.8 Cr.
Current Price	76.2
High / Low	119/68.4
Stock P/E
Book Value	109
Dividend Yield	0.00 %
ROCE	3.48 %
ROE	3.74 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Shiva Mills Ltd

Competitors of Shiva Mills Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
IGC Industries Ltd	23.3 Cr.	6.72	24.8/6.55		0.26	0.00 %	1.19 %	16.6 %	10.0
Hindoostan Mills Ltd	31.2 Cr.	188	391/170		261	0.00 %	4.73 %	5.74 %	10.0
Gokak Textiles Ltd	40.7 Cr.	62.6	276/59.7		44.5	0.00 %	1.31 %	%	10.0
Globus Power Generation Ltd	161 Cr.	16.3	43.0/13.4		0.48	0.00 %	25.8 %	25.8 %	10.0
Gaekwar Mills Ltd	2.63 Cr.	13.1	13.1/13.1		362	0.00 %	66.6 %	%	10.0
Industry Average	768.87	N/A		19.74	N/A	N/A	11.65	29.35	N/A

All Competitor Stocks of Shiva Mills Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	58.75	64.32	44.79	44.80	31.95	37.53	33.04	42.12	35.44	47.32	44.22	48.07	35.98
Expenses	51.85	55.36	38.07	47.95	36.26	38.57	33.67	41.32	34.87	45.40	43.36	47.10	35.84
Operating Profit	6.90	8.96	6.72	-3.15	-4.31	-1.04	-0.63	0.80	0.57	1.92	0.86	0.97	0.14
OPM %	11.74%	13.93%	15.00%	-7.03%	-13.49%	-2.77%	-1.91%	1.90%	1.61%	4.06%	1.94%	2.02%	0.39%
Other Income	0.16	0.25	0.16	0.16	0.20	0.79	0.22	0.16	0.08	0.43	0.15	0.12	0.32
Interest	0.23	0.34	0.61	0.14	0.15	0.05	0.04	0.28	0.13	0.31	0.33	0.29	0.26
Depreciation	1.42	1.51	1.42	1.43	1.65	1.55	1.63	1.70	1.70	1.69	1.66	1.68	1.71
Profit before tax	5.41	7.36	4.85	-4.56	-5.91	-1.85	-2.08	-1.02	-1.18	0.35	-0.98	-0.88	-1.51
Tax %	26.06%	31.25%	27.22%	-27.41%	-7.28%	2.16%	-10.10%	-11.76%	-22.03%	-28.57%	-13.27%	-18.18%	-2.65%
Net Profit	4.00	5.06	3.52	-3.31	-5.47	-1.90	-1.88	-0.90	-0.92	0.45	-0.85	-0.72	-1.47
EPS in Rs	4.63	5.86	4.07	-3.83	-6.33	-2.20	-2.18	-1.04	-1.06	0.52	-0.98	-0.83	-1.70

Last Updated: February 28, 2025, 5:12 pm

Below is a detailed analysis of the quarterly data for Shiva Mills Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹35.98 Cr.. The value appears to be declining and may need further review. It has decreased from 48.07 Cr. (Sep 2024) to ₹35.98 Cr., marking a decrease of 12.09 Cr..
For Expenses, as of Dec 2024, the value is ₹35.84 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 47.10 Cr. (Sep 2024) to ₹35.84 Cr., marking a decrease of 11.26 Cr..
For Operating Profit, as of Dec 2024, the value is ₹0.14 Cr.. The value appears to be declining and may need further review. It has decreased from 0.97 Cr. (Sep 2024) to ₹0.14 Cr., marking a decrease of 0.83 Cr..
For OPM %, as of Dec 2024, the value is 0.39%. The value appears to be declining and may need further review. It has decreased from 2.02% (Sep 2024) to 0.39%, marking a decrease of 1.63%.
For Other Income, as of Dec 2024, the value is ₹0.32 Cr.. The value appears strong and on an upward trend. It has increased from 0.12 Cr. (Sep 2024) to ₹0.32 Cr., marking an increase of ₹0.20 Cr..
For Interest, as of Dec 2024, the value is ₹0.26 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.29 Cr. (Sep 2024) to ₹0.26 Cr., marking a decrease of 0.03 Cr..
For Depreciation, as of Dec 2024, the value is ₹1.71 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.68 Cr. (Sep 2024) to ₹1.71 Cr., marking an increase of ₹0.03 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-1.51 Cr.. The value appears to be declining and may need further review. It has decreased from -0.88 Cr. (Sep 2024) to ₹-1.51 Cr., marking a decrease of 0.63 Cr..
For Tax %, as of Dec 2024, the value is -2.65%. The value appears to be increasing, which may not be favorable. It has increased from -18.18% (Sep 2024) to -2.65%, marking an increase of 15.53%.
For Net Profit, as of Dec 2024, the value is ₹-1.47 Cr.. The value appears to be declining and may need further review. It has decreased from -0.72 Cr. (Sep 2024) to ₹-1.47 Cr., marking a decrease of 0.75 Cr..
For EPS in Rs, as of Dec 2024, the value is -1.70. The value appears to be declining and may need further review. It has decreased from ₹-0.83 (Sep 2024) to -1.70, marking a decrease of ₹0.87.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:53 pm

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	0	170	169	175	164	139	213	159	158	176
Expenses	0	148	153	156	152	119	183	161	155	172
Operating Profit	0	21	16	20	12	20	30	-2	3	4
OPM %		13%	10%	11%	7%	15%	14%	-1%	2%	2%
Other Income	0	0	1	1	0	0	1	1	1	1
Interest	0	6	6	8	6	3	1	1	1	1
Depreciation	0	5	5	5	5	6	6	6	7	7
Profit before tax	0	10	6	8	2	12	24	-7	-4	-3
Tax %		57%	35%	13%	24%	30%	28%	-4%	-17%
Net Profit	0	4	4	7	1	9	18	-7	-3	-3
EPS in Rs			4.48	7.64	1.32	9.89	20.44	-8.29	-3.76	-2.99
Dividend Payout %		0%	31%	18%	0%	10%	6%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	75.00%	-85.71%	800.00%	100.00%	-138.89%	57.14%
Change in YoY Net Profit Growth (%)	0.00%	75.00%	-160.71%	885.71%	-700.00%	-238.89%	196.03%

Shiva Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	-2%
3 Years:	4%
TTM:	19%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	54%

Stock Price CAGR
10 Years:	%
5 Years:	29%
3 Years:	-10%
1 Year:	-9%

Return on Equity
10 Years:	%
5 Years:	3%
3 Years:	2%
Last Year:	-4%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:40 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.05	0.05	9	9	9	9	9	9	9	9
Reserves	0	75	69	74	74	82	99	91	88	86
Borrowings	0	67	57	54	40	4	8	0	10	12
Other Liabilities	0	24	24	19	18	20	16	16	16	16
Total Liabilities	0	167	159	155	141	115	132	116	123	122
Fixed Assets	0	83	81	80	76	70	66	65	64	61
CWIP	0	0	0	0	0	0	0	3	0	2
Investments	0	0	0	0	0	0	0	1	1	1
Other Assets	0	84	78	75	65	44	66	47	58	59
Total Assets	0	167	159	155	141	115	132	116	123	122

Below is a detailed analysis of the balance sheet data for Shiva Mills Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹9.00 Cr..
For Reserves, as of Sep 2024, the value is ₹86.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹88.00 Cr. (Mar 2024) to ₹86.00 Cr., marking a decrease of 2.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹12.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹10.00 Cr. (Mar 2024) to ₹12.00 Cr., marking an increase of 2.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹16.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹16.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹122.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹123.00 Cr. (Mar 2024) to ₹122.00 Cr., marking a decrease of 1.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹61.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹64.00 Cr. (Mar 2024) to ₹61.00 Cr., marking a decrease of 3.00 Cr..
For CWIP, as of Sep 2024, the value is ₹2.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹0.00 Cr. (Mar 2024) to ₹2.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹59.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹58.00 Cr. (Mar 2024) to ₹59.00 Cr., marking an increase of 1.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹122.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹123.00 Cr. (Mar 2024) to ₹122.00 Cr., marking a decrease of 1.00 Cr..

Notably, the Reserves (₹86.00 Cr.) exceed the Borrowings (12.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	7	19	18	16	43	-3	27	-17
Cash from Investing Activity +	0	-6	-5	-3	-1	-0	-1	-8	-3
Cash from Financing Activity +	0	2	-18	-12	-20	-39	2	-10	10
Net Cash Flow	0	3	-3	3	-4	3	-2	9	-10

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.00	-46.00	-41.00	-34.00	-28.00	16.00	22.00	-2.00	-7.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	44	43	56	59	28	26	33	46
Inventory Days	154	144	123	105	108	116	43	94
Days Payable	33	48	23	22	29	6	14	16
Cash Conversion Cycle	165	139	156	141	107	136	62	123
Working Capital Days	107	113	109	104	59	85	49	95
ROCE %	23%	9%	11%	6%	14%	24%	-7%	-3%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.94%	74.94%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%
FIIs	0.78%	0.41%	0.42%	0.39%	0.36%	0.36%	0.36%	0.36%	0.36%	0.37%	0.32%	0.32%
DIIs	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	24.28%	24.65%	24.63%	24.66%	24.70%	24.70%	24.71%	24.70%	24.70%	24.69%	24.73%	24.74%
No. of Shareholders	9,837	9,973	10,681	10,702	10,461	10,304	10,072	10,259	9,783	10,080	10,186	9,883

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-3.76	-8.28	20.43	9.90	1.32
Diluted EPS (Rs.)	-3.76	-8.28	20.43	9.90	1.32
Cash EPS (Rs.)	4.01	-1.28	27.04	16.47	7.58
Book Value[Excl.RevalReserv]/Share (Rs.)	111.30	115.55	124.65	104.99	95.27
Book Value[Incl.RevalReserv]/Share (Rs.)	111.30	115.55	124.65	104.99	95.27
Dividend / Share (Rs.)	0.00	0.00	1.20	1.00	0.00
Revenue From Operations / Share (Rs.)	182.74	184.06	246.41	160.80	190.02
PBDIT / Share (Rs.)	4.11	-0.54	36.06	23.65	14.58
PBIT / Share (Rs.)	-3.67	-7.54	29.45	17.07	8.32
PBT / Share (Rs.)	-4.55	-8.65	28.36	14.14	1.75
Net Profit / Share (Rs.)	-3.76	-8.28	20.43	9.90	1.32
PBDIT Margin (%)	2.24	-0.29	14.63	14.70	7.67
PBIT Margin (%)	-2.00	-4.09	11.95	10.61	4.37
PBT Margin (%)	-2.48	-4.69	11.50	8.79	0.91
Net Profit Margin (%)	-2.05	-4.50	8.29	6.15	0.69
Return on Networth / Equity (%)	-3.37	-7.16	16.39	9.42	1.38
Return on Capital Employeed (%)	-3.22	-6.35	22.95	15.50	8.17
Return On Assets (%)	-2.64	-6.18	13.36	7.45	0.81
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.01	0.02
Total Debt / Equity (X)	0.10	0.00	0.07	0.02	0.47
Asset Turnover Ratio (%)	1.32	1.28	1.73	1.09	1.11
Current Ratio (X)	2.27	3.46	3.06	2.20	1.19
Quick Ratio (X)	0.98	2.29	0.96	0.82	0.54
Inventory Turnover Ratio (X)	5.52	4.34	3.99	2.87	3.00
Dividend Payout Ratio (NP) (%)	0.00	-14.48	4.89	0.00	105.84
Dividend Payout Ratio (CP) (%)	0.00	-93.76	3.69	0.00	18.46
Earning Retention Ratio (%)	0.00	114.48	95.11	0.00	-5.84
Cash Earning Retention Ratio (%)	0.00	193.76	96.31	0.00	81.54
Interest Coverage Ratio (X)	4.66	-0.49	33.02	8.06	2.22
Interest Coverage Ratio (Post Tax) (X)	-3.27	-6.52	19.72	4.37	1.20
Enterprise Value (Cr.)	81.07	47.90	94.41	34.58	60.04
EV / Net Operating Revenue (X)	0.51	0.30	0.44	0.24	0.36
EV / EBITDA (X)	22.85	-102.20	3.03	1.69	4.77
MarketCap / Net Operating Revenue (X)	0.45	0.37	0.41	0.25	0.12
Retention Ratios (%)	0.00	114.48	95.10	0.00	-5.84
Price / BV (X)	0.74	0.59	0.82	0.39	0.25
Price / Net Operating Revenue (X)	0.45	0.37	0.41	0.25	0.12
EarningsYield	-0.04	-0.12	0.19	0.23	0.05

After reviewing the key financial ratios for Shiva Mills Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is -3.76. This value is below the healthy minimum of 5. It has increased from -8.28 (Mar 23) to -3.76, marking an increase of 4.52.
For Diluted EPS (Rs.), as of Mar 24, the value is -3.76. This value is below the healthy minimum of 5. It has increased from -8.28 (Mar 23) to -3.76, marking an increase of 4.52.
For Cash EPS (Rs.), as of Mar 24, the value is 4.01. This value is within the healthy range. It has increased from -1.28 (Mar 23) to 4.01, marking an increase of 5.29.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 111.30. It has decreased from 115.55 (Mar 23) to 111.30, marking a decrease of 4.25.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 111.30. It has decreased from 115.55 (Mar 23) to 111.30, marking a decrease of 4.25.
For Dividend / Share (Rs.), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 182.74. It has decreased from 184.06 (Mar 23) to 182.74, marking a decrease of 1.32.
For PBDIT / Share (Rs.), as of Mar 24, the value is 4.11. This value is within the healthy range. It has increased from -0.54 (Mar 23) to 4.11, marking an increase of 4.65.
For PBIT / Share (Rs.), as of Mar 24, the value is -3.67. This value is below the healthy minimum of 0. It has increased from -7.54 (Mar 23) to -3.67, marking an increase of 3.87.
For PBT / Share (Rs.), as of Mar 24, the value is -4.55. This value is below the healthy minimum of 0. It has increased from -8.65 (Mar 23) to -4.55, marking an increase of 4.10.
For Net Profit / Share (Rs.), as of Mar 24, the value is -3.76. This value is below the healthy minimum of 2. It has increased from -8.28 (Mar 23) to -3.76, marking an increase of 4.52.
For PBDIT Margin (%), as of Mar 24, the value is 2.24. This value is below the healthy minimum of 10. It has increased from -0.29 (Mar 23) to 2.24, marking an increase of 2.53.
For PBIT Margin (%), as of Mar 24, the value is -2.00. This value is below the healthy minimum of 10. It has increased from -4.09 (Mar 23) to -2.00, marking an increase of 2.09.
For PBT Margin (%), as of Mar 24, the value is -2.48. This value is below the healthy minimum of 10. It has increased from -4.69 (Mar 23) to -2.48, marking an increase of 2.21.
For Net Profit Margin (%), as of Mar 24, the value is -2.05. This value is below the healthy minimum of 5. It has increased from -4.50 (Mar 23) to -2.05, marking an increase of 2.45.
For Return on Networth / Equity (%), as of Mar 24, the value is -3.37. This value is below the healthy minimum of 15. It has increased from -7.16 (Mar 23) to -3.37, marking an increase of 3.79.
For Return on Capital Employeed (%), as of Mar 24, the value is -3.22. This value is below the healthy minimum of 10. It has increased from -6.35 (Mar 23) to -3.22, marking an increase of 3.13.
For Return On Assets (%), as of Mar 24, the value is -2.64. This value is below the healthy minimum of 5. It has increased from -6.18 (Mar 23) to -2.64, marking an increase of 3.54.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.10. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 0.10, marking an increase of 0.10.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.32. It has increased from 1.28 (Mar 23) to 1.32, marking an increase of 0.04.
For Current Ratio (X), as of Mar 24, the value is 2.27. This value is within the healthy range. It has decreased from 3.46 (Mar 23) to 2.27, marking a decrease of 1.19.
For Quick Ratio (X), as of Mar 24, the value is 0.98. This value is below the healthy minimum of 1. It has decreased from 2.29 (Mar 23) to 0.98, marking a decrease of 1.31.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 5.52. This value is within the healthy range. It has increased from 4.34 (Mar 23) to 5.52, marking an increase of 1.18.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has increased from -14.48 (Mar 23) to 0.00, marking an increase of 14.48.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has increased from -93.76 (Mar 23) to 0.00, marking an increase of 93.76.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 114.48 (Mar 23) to 0.00, marking a decrease of 114.48.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 193.76 (Mar 23) to 0.00, marking a decrease of 193.76.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.66. This value is within the healthy range. It has increased from -0.49 (Mar 23) to 4.66, marking an increase of 5.15.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -3.27. This value is below the healthy minimum of 3. It has increased from -6.52 (Mar 23) to -3.27, marking an increase of 3.25.
For Enterprise Value (Cr.), as of Mar 24, the value is 81.07. It has increased from 47.90 (Mar 23) to 81.07, marking an increase of 33.17.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.51. This value is below the healthy minimum of 1. It has increased from 0.30 (Mar 23) to 0.51, marking an increase of 0.21.
For EV / EBITDA (X), as of Mar 24, the value is 22.85. This value exceeds the healthy maximum of 15. It has increased from -102.20 (Mar 23) to 22.85, marking an increase of 125.05.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.45. This value is below the healthy minimum of 1. It has increased from 0.37 (Mar 23) to 0.45, marking an increase of 0.08.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 114.48 (Mar 23) to 0.00, marking a decrease of 114.48.
For Price / BV (X), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.59 (Mar 23) to 0.74, marking an increase of 0.15.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.45. This value is below the healthy minimum of 1. It has increased from 0.37 (Mar 23) to 0.45, marking an increase of 0.08.
For EarningsYield, as of Mar 24, the value is -0.04. This value is below the healthy minimum of 5. It has increased from -0.12 (Mar 23) to -0.04, marking an increase of 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shiva Mills Ltd as of March 13, 2025 is: ₹49.90

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Shiva Mills Ltd is Overvalued by 34.51% compared to the current share price 76.20

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Shiva Mills Ltd as of March 13, 2025 is: 29.49

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Shiva Mills Ltd is Overvalued by 61.30% compared to the current share price 76.20

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -40.91%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (73.80 cr) compared to borrowings (25.20 cr), indicating strong financial stability. The company has shown consistent growth in sales (152.30 cr) and profit (4.80 cr) over the years.	The stock has a low average ROCE of 8.56%, which may not be favorable. The stock has a high average Working Capital Days of 80.11, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shiva Mills Ltd:
1. Net Profit Margin: -2.05%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -3.22% (Industry Average ROCE: 11.65%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -3.37% (Industry Average ROE: 29.35%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -3.27
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.98
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 19.74)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.1
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Shiva Mills Ltd. is a Public Limited Listed company incorporated on 24/11/2015 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L17111TZ2015PLC022007 and registration number is 022007. Currently Company is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company's Total Operating Revenue is Rs. 157.92 Cr. and Equity Capital is Rs. 8.64 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Textiles - General	249-A, Bye-Pass Road, Mettupalayam Road, Coimbatore Tamil Nadu 641043	shares@shivamills.com http://www.shivamills.com

Management
Name	Position Held
Mr. S V Alagappan	Chairman & Managing Director
Mrs. A Lalitha	Joint Managing Director
Mr. S K Sundararaman	Non Independent Director
Mr. S Palaniswami	Independent Director
Mr. C Sivasamy	Independent Director
Mr. S Marusamy	Independent Director
Mr. M Ganeshkumar	Independent Director
Mr. K Manikandan	Independent Director

FAQ

What is the latest intrinsic value of Shiva Mills Ltd?

The latest intrinsic value of Shiva Mills Ltd as on 13 March 2025 is 49.90, which is 34.51% lower than the current market price of ₹76.20, indicating the stock is overvalued by 34.51%. The intrinsic value of Shiva Mills Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹65.8 Cr. and recorded a high/low of ₹119/68.4 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹86 Cr and total liabilities of ₹122 Cr.

What is the Market Cap of Shiva Mills Ltd?

The Market Cap of Shiva Mills Ltd is 65.8 Cr..

What is the current Stock Price of Shiva Mills Ltd as on 13 March 2025?

The current stock price of Shiva Mills Ltd as on 13 March 2025 is ₹76.2.

What is the High / Low of Shiva Mills Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Shiva Mills Ltd stocks is ₹119/68.4.

What is the Stock P/E of Shiva Mills Ltd?

The Stock P/E of Shiva Mills Ltd is .

What is the Book Value of Shiva Mills Ltd?

The Book Value of Shiva Mills Ltd is 109.

What is the Dividend Yield of Shiva Mills Ltd?

The Dividend Yield of Shiva Mills Ltd is 0.00 %.

What is the ROCE of Shiva Mills Ltd?

The ROCE of Shiva Mills Ltd is 3.48 %.

What is the ROE of Shiva Mills Ltd?

The ROE of Shiva Mills Ltd is 3.74 %.

What is the Face Value of Shiva Mills Ltd?

The Face Value of Shiva Mills Ltd is 10.0.