शिवम सिमेन्ट्स लिमिटेडको पहिलो त्रैमासिक वित्तीय विवरण सार्वजनिकShivam Cements Limited Unaudited Q1 Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 16, 2026
SHIVAM CEMENTS LIMITED
Hetauda-16, Makawanpur, Nepal
Unaudited Statement of Financial Position
As at 17th Oct 2026 ( 31 Ashoj 2083)
Shivam Cements
Particulars 17 Oct 2026 (Ashoj 31 2083) 17th Oct 2025 (Ashoj 31, 2082)
| Assets | ||
| Non Current Assets | ||
| Property, Plant & Equipment | 3,967,424,754 | 3,895,234,883 |
| Intangible Assets | 384,680 | 200,574 |
| Rou Assets | 7,735,349 | 9,481,678 |
| Investment in Quoted Shares | 119,280,000 | 120,353,520 |
| Investment in Subsidiaries | 5,145,208,800 | 4,755,208,800 |
| Other Non-Current Assets | 59,591,821 | 36,523,251 |
| Total Non Current Assets | 9,299,625,403 | 8,817,002,705 |
| Current Assets | ||
| Inventories | 2,415,262,769 | 1,778,825,479 |
| Financial Assets | ||
| Trade Receivables | 817,284,971 | 974,268,125 |
| Cash & Cash Equivalent | 286,139,602 | 267,362,547 |
| Bank Balance (Other than Cash & Cash Equivalent) | - | 650,000,000 |
| Others Financial Assets | 11,022,740 | 9,899,892 |
| Other Current Assets | 534,196,458 | 423,011,008 |
| Income Tax Assets (Net) | - | - |
| Total Current Assets | 4,063,906,538 | 4,103,367,052 |
| Total Assets | 13,363,531,942 | 12,920,369,757 |
| Equity & Liabilities | ||
| Equity | ||
| Equity Share Capital | 5,593,228,713 | 5,456,808,500 |
| Other Equity | 5,035,717,794 | 5,030,212,813 |
| Total Equity | 10,628,946,507 | 10,487,021,313 |
| Non Current Liabilities | ||
| Financial Liabilities | ||
| Long Term Borrowings | - | 1,090,438 |
| Other Financial Liabilities | 1,396,602 | 12,160,661 |
| Deferred Tax Liabilities | 203,959,939 | 209,405,154 |
| Total Non Current Liabilities | 205,356,541 | 222,656,253 |
| Current Liabilities | ||
| Financial Liabilities | ||
| Trade Payables | 1,713,557,749 | 1,550,722,764 |
| Short Term Borrowings | 63,242,467 | 163,848,760 |
| Other Financial Liabilities | 80,280,629 | 100,105,446 |
| Other Current Liabilities | 654,830,501 | 370,046,756 |
| Provisions | 15,694,820 | 16,013,244 |
| Income Tax Liabilities (Net) | 1,622,727 | 9,955,221 |
| Total Current Liabilities | 2,529,228,894 | 2,210,692,192 |
| Total Liabilities | 2,734,585,435 | 2,433,348,445 |
| Total Equity and Liabilities | 13,363,531,942 | 12,920,369,757 |
Unaudited Statement of Profit & Loss
For the Period 17 July 2026 - 17 Oct 2026
Shivam Cements
| Particulars | Upto 1 Qtr 2083-84 | Upto 1 Qtr 2082-83 |
|---|---|---|
| Income: | ||
| Revenue From Operations | 1,789,262,756 | 1,533,309,617 |
| Cost of Sales | 1,594,147,539 | 1,206,737,196 |
| Gross Profit | 195,115,217 | 326,572,421 |
| Other Income | 105,545,943 | 103,656,894 |
| Expenses: | ||
| Administration Expenses | 45,597,247 | 61,879,452 |
| Selling and Distribution Expenses | 178,422,770 | 131,702,941 |
| Finance Cost | 289,677 | 3,212,745 |
| Total Expenses | 224,309,694 | 196,795,139 |
| Profit/(Loss) Before Tax | 76,351,466 | 233,434,176 |
| Current Tax | 146,356 | 16,439,092 |
| Deferred Tax | 5,575,030 | 7,326,216 |
| Net Profit/(Loss) For The Year | 70,630,080 | 209,668,868 |
Unaudited Statement of Comprehensive Income
For the Period 17 July 2026 - 17 Oct 2026
Shivam Cements
| Particulars | Upto 1 Qtr 2083-84 | Upto 1 Qtr 2082-83 |
|---|---|---|
| Net Profit/(Loss) For The Year | 70,630,080 | 209,668,868 |
| Other Comprehensive Income | ||
| Gain/(Loss) on Investment in equity instruments measured at fair value, net of tax | - | (12,591,197) |
| Total Other Comprehensive Income (OCI) | - | (12,591,197) |
| Total Comprehensive Income (TCI) | 70,630,080 | 197,077,671 |
Notes: 1) Figures presented above may vary with the audited figures if instructed by regulators and/or statutory auditors.
2) Figures are regrouped/rearranged/restated wherever necessary for consistent presentation of financial statement.
3) Depreciation has been classified & identified as according to the functional classification and charged to Cost of Sales & Administrative Expenses in both Periods.
धितोपत्र दर्ता तथा निष्काशन नियमावली २०६४ को अनुसूची १४
(नियम २६ को उपनियम (१) सँग सम्बन्धित) आ.व. २०८३।०८४ को प्रथम त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण :
(क) प्रथम त्रैमास सम्मको वासलात, नाफा-नोक्सान सम्बन्धी विवरण:
यस अवधिको सम्बद्ध संस्थाहरुसंग भएको कारोबारको विवरण निम्न अनुसार रहेको छ :
क्र.सं. सम्बद्ध संस्थाहरुको नाम कारोबार रकम (म.अ. कर बाहेक)
खरिद बिक्री
१ मोर्डन ईन्फ्रास्ट्रक्चर प्रा.लि. १०,०३९,७३३।२७
२ अरविन्द इम्पेरियाल प्रा.लि. ७५,३३७,०४३।९४
३ कन्स्ट्रक्सन सोलुशन प्रा.लि. ४५२,४९५।५९
४ पशुपति सिन्प्याक इण्डष्ट्रिज प्रा.लि. ७४८,९५,७११।९७
५ लक्ष्मी टाईम प्रोडक्ट - ३५८,५३५।००
६ लक्की नेपाल कन्स्ट्रक्सन प्रा.लि. १५६,६३७।९४
७ ढुकुछाली क्वेडिज प्रा.लि. ६१,२५९,६६०।००
८ होङ्शी शिवम् सिमेन्ट प्रा. लि. १४४,९७७,०८१।००
(ख) प्रमुख वित्तीय अनुपातहरू:
प्रति शेयर आम्दानी (वार्षिक रु.) ५।०५
प्रतिशेयर नेटवर्थ रु. १९०।३
प्रतिशेयर कुल सम्पतिको मूल्य रु. २३८।९२
तरलता अनुपात १।६९
२. व्यवस्थापकीय विश्लेषण :
क) यस अवधिमा संस्थाको तरलता लगायतका अन्य कुराहरु सन्तोषजनक रहेका छन् ।
ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापकको विश्लेषणात्मक विवरण:
संस्थाको उद्देश्य अनुसार उत्पादन र बिक्री वितरण गरी उपभोक्ताहरुलाई उच्च गुणस्तरको सिमेन्ट आपूर्ति गरी मुनाफा आर्जन गर्ने सम्बन्धित कार्यहरु गर्नुका साथै समयानुकूल व्यावसायिक कार्ययोजनाको तर्जुमा तथा सो को कार्यान्वयन गर्ने लगायतका कार्यमा संस्था प्रतिवद्ध रहेको छ ।
ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्न सक्ने घटना, अवस्था वा सम्बन्धमा विश्लेषणात्मक विवरण:
नेपालमा मागको तुलनामा सिमेन्टको उत्पादन अत्याधिक रहेको परिवेशलाई समेत ध्यानमा राखी बजार प्रवर्द्धन र बजार विस्तारसंग सम्बन्धित कार्यहरुलाई अझ प्रभावकारी रूपमा सञ्चालन गर्ने नीति अवलम्बन गरिएको छ । ग्राहक संरक्षण नीतिलाई कायम राखी आउँदा दिनमा असर पार्न सक्ने घटना वा अवस्था आउन नदिन आवश्यक सतर्कता अपनाइएछ । उद्देश्य बमोजिमका कामहरु संचालन गर्दै उच्च गुणस्तर 'शिवम् ब्राण्डका ४३ ग्रेड र ५३ ग्रेडका सिमेन्ट उत्पादन र बिक्री गरी नाफा आर्जन गर्ने नीति लिइएको छ । संस्थाको मौज्दात, नगद प्रवाह लगायतका कुराहरुमा तात्विक असर पर्न सक्ने घट्ना अवस्था छैन । विकास निर्माणका कार्यमा बढ़ोत्तरी भई औद्योगिक उत्पादन अभिवृद्धि र मुनाफा आर्जनमा सकारात्मक प्रभाव पर्ने भन्दै विश्वास लिएका छौं ।
३. कानूनी कारवाही सम्बन्धित विवरण (यस संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए सोको जानकारी):
(क) नेपाल विद्युत प्राधिकरणले लोडसेडिङका वखत विना लोडसेडिङ डेडिकेटेड/ट्रक लाईनबाट विद्युत सेवा दिएको, नलिएको भएता पनि पत्राचार गरी डेडिकेटेड दरको थप महसुल छुट रकम भनी माग गरे को सम्बन्धी विवादका विषयमा सम्मानित सर्वोच्च अदालतमा दर्ता गरेका रिट निवेदनहरु विचारधिन रहेका छन् । नेपाल विद्युत प्राधिकरणमा प्रशासकीय पुनरावलोकनको निवेदन विचारधिन रहेको छ ।
(ख) आफ्नो व्यावसायिक सम्बन्धित कारोबार, खर्च लगायतका विषयमा भए गरेका केही शीर्षकमा श्री ठूला करदाता कार्यालयबाट जारी भएका संशोधित कर निर्धारण आदेशका विरुद्ध कम्पनीले प्रशासकीय पुनरावलोकनका लागि आन्तरिक राजस्व विभागका महानिर्देशकज्यू समक्ष तथा श्री राजस्व न्यायाधिकरण काठमाडौ समक्ष पुनरावेदन गरेकोमा सो विषयहरु विचारधिन रहेका छन् ।
(ग) कम्पनीले सिमेन्ट बिक्री गर्न नियुक्त गरेका वितरक र सिमेन्ट खरीदकर्ता संस्थाहरुले समयमा रकम भुक्तानी नगरेको विषयमा त्यस्ता केहि संस्था एवम् व्यक्ति समेतका विरुद्ध रकम असुलीका लागि श्री काठमाडौ जिल्ला अदालतमा फिराद दायर गरेकोमा केही मुद्दाहरु विचारधिन रहेका छन् । एक वटा पार्टीले वढि रकम भुक्तानी गरेकोले फिर्ता पाउन माग गरी फिराद दर्ता गरेको अवस्था छ ।
(घ) वागमती प्रदेश सरकारको आर्थिक ऐन २०७७ र ०७८ वाट सिमेन्टको विक्रिमा ०.२५ प्रतिशत विक्रि कर सरह प्राकृतिक स्रोत कर लगाउने व्यवस्था संविधान र संघिय कानून संग बाझिएको हुँदा ऐनका उक्त व्यवस्था बदर गर्न माग गरी सर्वोच्च अदालत समक्ष रिट निवेदन दायर भएकोमा विचारधिन रहेको छ ।
(ङ) वन तथा भू-संरक्षण विभागले चुनाढुङ्गाको उत्पादन गर्दा खानी तथा भूगर्भ विभागमा दाखिला गरेको रोयल्टी रकमको २५% प्रतिशत वरावर हुने रकम वातावरण शुल्क वापत भुक्तानी गर्नु समेत भनी पत्राचार गरे कोमा उक्त पत्राचार खारेज पाऊँ ऐन नियम र वन ऐन, २०७६ समेतको विपरित माग गरेकोमा कम्पनीले सर्वोच्च अदालतको संवैधानिक इजलासमा समक्ष उक्त पत्र समेत बदर गर्न माग गरी रीट निवेदन गरे कोमा अन्तरिम आदेश जारी भई उक्त मुद्दा विचारधिन रहेको छ ।
(च) केहि संस्थाहरुले विज्ञापन कर लगाउन र संकलन गर्ने स्थानीय तहको अधिकार ठेक्का सम्झौताबाट प्राप्त भएको भनि पत्राचार गरी नगरेको विज्ञापन समेतको माग गरेकोमा पत्रहरु बदर गरी पाउन श्री सर्वोच्च अदालत समक्ष २ थान रीट निवेदन दर्ता गराएकोमा हाल चलिरहेको छ ।
(छ) कम्पनीका कुनै पनि संचालकका विरुद्ध आर्थिक अपराध गरेको विषयमा कुनै मुद्दा दायर भएको वा भएको बारे कुनै जानकारी प्राप्त भएको छैन ।
४. संगठित संस्थाको शेयर कारोबार तथा प्रगति विश्लेषण:
(क) धितोपत्र बजारमा भएको यस संस्थाको शेयरको कारोबार खुल्ला बजारको सिद्धान्त अनुरूप हुने गरेकोछ ।
(ख) यस त्रैमास अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको दिन र शेयर कारोबार संख्या :
अधिकतम मूल्य रु. ३७१
न्यूनतम मूल्य रु. २५९।५०
अन्तिम मूल्य रु. ६८२।९०
कारोबार दिन ६२
कारोबार शेयर संख्या ८,८६४,४७४ थान
५. समस्या तथा चुनौती:
नेपालमा मागको तुलनामा सिमेन्टको उत्पादन गर्ने उद्योगहरुको क्षमता बढी रहेको छ । जसका कारण मूल्य प्रतिस्पर्धा समेत उच्च रहेको छ। डिजेल तथा पेट्रोलियम पदार्थको मूल्य लामो समय देखि वृद्धिका कारण कच्चा पदार्थ र ढुवानी भाडा समेतको वृद्धिंका कारण उत्पादन लागतमा प्रभाव परेको छ। बजारमा आम ग्राहकहरु माझ यस संस्थाको उत्पादनलाई प्रभावकारी बनाई हालको बजार हिस्सा कायमै राखी थप बजार हिस्सा ओगट्ने सोही अनुरूपको नीति, रणनीति अवलम्बन गरि संस्थाले बिक्री पछि उपलब्ध गराउने निःशुल्क प्राविधिक सेवाहरुको विस्तार, मानव संसाधनको दक्षतामा अभिवृद्धि र चुस्त व्यवस्थापन, खर्चमा मितव्ययिता अपनाई कार्य गर्ने नीति लिइएको छ ।
६. संस्थागत सुशासन:
संस्थागत सुशासन अभिवृद्धिका लागि संस्थाको व्यवस्थापन र आन्तरिक नियन्त्रण प्रणाली व्यवस्थित गर्ने, आन्तरिक लेखापरीक्षण कार्यलाई थप प्रभावकारी बनाउने, कारोबारलाई चुस्त, छिटो, छरितो बनाउन कारो बारमा आकर्षित हुने ऐन, कानून तथा नियमहरुको नियामकबाट जारी भएका नीति, निर्देशनाल पालना गरी संस्था संचालन गरिएको छ ।
७. सत्य तथ्यांक सम्बन्धमा प्रबन्ध निर्देशकको उद्घोषणा:
यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोष गर्दछु की मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् । लगानीकर्तालाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण वा सूचना यस जानकारीबाट लुकाईएको छैन ।
SHIVAM CEMENTS LIMITED
Hetauda-16, Makawanpur, Nepal
Unaudited Statement of Financial Position
As at 17th Oct 2026 ( 31 Ashoj 2083)
Shivam Cements
Particulars 17 Oct 2026 (Ashoj 31 2083) 17th Oct 2025 (Ashoj 31, 2082)
| Assets | ||
| Non Current Assets | ||
| Property, Plant & Equipment | 3,967,424,754 | 3,895,234,883 |
| Intangible Assets | 384,680 | 200,574 |
| Rou Assets | 7,735,349 | 9,481,678 |
| Investment in Quoted Shares | 119,280,000 | 120,353,520 |
| Investment in Subsidiaries | 5,145,208,800 | 4,755,208,800 |
| Other Non-Current Assets | 59,591,821 | 36,523,251 |
| Total Non Current Assets | 9,299,625,403 | 8,817,002,705 |
| Current Assets | ||
| Inventories | 2,415,262,769 | 1,778,825,479 |
| Financial Assets | ||
| Trade Receivables | 817,284,971 | 974,268,125 |
| Cash & Cash Equivalent | 286,139,602 | 267,362,547 |
| Bank Balance (Other than Cash & Cash Equivalent) | - | 650,000,000 |
| Others Financial Assets | 11,022,740 | 9,899,892 |
| Other Current Assets | 534,196,458 | 423,011,008 |
| Income Tax Assets (Net) | - | - |
| Total Current Assets | 4,063,906,538 | 4,103,367,052 |
| Total Assets | 13,363,531,942 | 12,920,369,757 |
| Equity & Liabilities | ||
| Equity | ||
| Equity Share Capital | 5,593,228,713 | 5,456,808,500 |
| Other Equity | 5,035,717,794 | 5,030,212,813 |
| Total Equity | 10,628,946,507 | 10,487,021,313 |
| Non Current Liabilities | ||
| Financial Liabilities | ||
| Long Term Borrowings | - | 1,090,438 |
| Other Financial Liabilities | 1,396,602 | 12,160,661 |
| Deferred Tax Liabilities | 203,959,939 | 209,405,154 |
| Total Non Current Liabilities | 205,356,541 | 222,656,253 |
| Current Liabilities | ||
| Financial Liabilities | ||
| Trade Payables | 1,713,557,749 | 1,550,722,764 |
| Short Term Borrowings | 63,242,467 | 163,848,760 |
| Other Financial Liabilities | 80,280,629 | 100,105,446 |
| Other Current Liabilities | 654,830,501 | 370,046,756 |
| Provisions | 15,694,820 | 16,013,244 |
| Income Tax Liabilities (Net) | 1,622,727 | 9,955,221 |
| Total Current Liabilities | 2,529,228,894 | 2,210,692,192 |
| Total Liabilities | 2,734,585,435 | 2,433,348,445 |
| Total Equity and Liabilities | 13,363,531,942 | 12,920,369,757 |
Unaudited Statement of Profit & Loss
For the Period 17 July 2026 - 17 Oct 2026
Shivam Cements
| Particulars | Upto 1 Qtr 2083-84 | Upto 1 Qtr 2082-83 |
|---|---|---|
| Income: | ||
| Revenue From Operations | 1,789,262,756 | 1,533,309,617 |
| Cost of Sales | 1,594,147,539 | 1,206,737,196 |
| Gross Profit | 195,115,217 | 326,572,421 |
| Other Income | 105,545,943 | 103,656,894 |
| Expenses: | ||
| Administration Expenses | 45,597,247 | 61,879,452 |
| Selling and Distribution Expenses | 178,422,770 | 131,702,941 |
| Finance Cost | 289,677 | 3,212,745 |
| Total Expenses | 224,309,694 | 196,795,139 |
| Profit/(Loss) Before Tax | 76,351,466 | 233,434,176 |
| Current Tax | 146,356 | 16,439,092 |
| Deferred Tax | 5,575,030 | 7,326,216 |
| Net Profit/(Loss) For The Year | 70,630,080 | 209,668,868 |
Unaudited Statement of Comprehensive Income
For the Period 17 July 2026 - 17 Oct 2026
Shivam Cements
| Particulars | Upto 1 Qtr 2083-84 | Upto 1 Qtr 2082-83 |
|---|---|---|
| Net Profit/(Loss) For The Year | 70,630,080 | 209,668,868 |
| Other Comprehensive Income | ||
| Gain/(Loss) on Investment in equity instruments measured at fair value, net of tax | - | (12,591,197) |
| Total Other Comprehensive Income (OCI) | - | (12,591,197) |
| Total Comprehensive Income (TCI) | 70,630,080 | 197,077,671 |
Notes: 1) Figures presented above may vary with the audited figures if instructed by regulators and/or statutory auditors.
2) Figures are regrouped/rearranged/restated wherever necessary for consistent presentation of financial statement.
3) Depreciation has been classified & identified as according to the functional classification and charged to Cost of Sales & Administrative Expenses in both Periods.
Schedule 14 of the Securities Registration and Issue Regulations, 2064
(Related to Rule 26, Sub-rule (1)) First Quarterly Report of F.Y. 2083/084
1. Financial Statements:
(A) Balance Sheet, Profit-Loss Details up to the First Quarter:
Details of transactions with related entities during this period are as follows:
S.No. Name of Related Entity Transaction Amount (Excluding Value Added Tax)
Purchase Sales
1 Modern Infrastructure Pvt. Ltd. 10,039,733।27
2 Arvind Imperial Pvt. Ltd. 75,337,043।94
3 Construction Solution Pvt. Ltd. 452,495।59
4 Pashupati Synpack Industries Pvt. Ltd. 748,95,711।97
5 Laxmi Time Product - 358,535।00
6 Lucky Nepal Construction Pvt. Ltd. 156,637।94
7 Dhukuchhuwali Quarries Pvt. Ltd. 61,259,660।00
8 Hongshi Shivam Cement Pvt. Ltd. 144,977,081।00
(B) Key Financial Ratios:
Earnings Per Share (Annualized Rs.) 5।05
Net Worth Per Share Rs. 190।3
Total Assets Value Per Share Rs. 238।92
Liquidity Ratio 1।69
2. Management Analysis:
A) The company's liquidity and other matters remain satisfactory during this period.
B) Management's Analytical Statement Regarding Future Business Plan:
The company is committed to carrying out related activities to produce and distribute high-quality cement according to the company's objective, to earn profit, as well as to formulate and implement timely business action plans.
C) Analytical Statement Regarding Events, Conditions, or Relationships from Past Experience that May Have a Material Impact on the Entity's Inventory, Profit, or Cash Flow:
Keeping in mind the context of excessive production of cement compared to demand in Nepal, policies have been adopted to conduct market promotion and expansion-related activities more effectively. While maintaining the customer protection policy, necessary precautions have been taken to prevent events or conditions that may affect the coming days. In line with the objectives, a policy has been adopted to produce and sell high-quality 'Shivam' brand 43 Grade and 53 Grade cement to earn profits. There are no events or conditions that could have a material impact on the company's inventory, cash flow, etc. We believe that an increase in development and construction activities will boost industrial production and have a positive impact on profit generation.
3. Details Regarding Legal Proceedings (Information if any lawsuit has been filed by or against this institution):
(A) Regarding the dispute over Nepal Electricity Authority demanding additional fee discount amounts for dedicated lines by sending correspondence despite electricity service being provided/not taken through dedicated/trunk lines without load shedding during load shedding, writ petitions filed in the Honorable Supreme Court remain under consideration. An application for administrative review at Nepal Electricity Authority is under consideration.
(B) The company has filed appeals before the Director General of the Inland Revenue Department for administrative review and before the Revenue Tribunal Kathmandu against revised tax assessment orders issued by the Large Taxpayers Office regarding certain heads of its business transactions and expenses, which remain under consideration.
(C) Regarding non-payment of amounts on time by distributors and cement buyer institutions appointed by the company for cement sales, lawsuits filed in the Kathmandu District Court against some such institutions and individuals for recovery of amounts remain under consideration. A lawsuit has been filed demanding refund after one party paid an excess amount.
(D) Regarding the provision under Bagmati Province Government's Financial Act 2077 and 078 levying a natural resource tax equivalent to 0.25% sales tax on cement sales, a writ petition has been filed in the Supreme Court seeking cancellation of the said provision of the Act as it conflicts with the Constitution and federal law, which remains under consideration.
(E) When the Department of Forests and Soil Conservation sent correspondence stating that an amount equal to 25% of royalty amount submitted to the Department of Mines and Geology during limestone production should be paid as environmental fees, the company filed a writ petition in the Constitutional Bench of the Supreme Court demanding cancellation of the said letter as it demanded contrary to the Forest Act 2076, where an interim order was issued and the case remains under consideration.
(F) Regarding some local levels demanding advertisement tax stating it was received through contract agreements to levy and collect advertisement tax, 2 writ petitions have been filed in the Supreme Court seeking cancellation of the letters, which are currently ongoing.
(G) No information has been received regarding any lawsuit filed against any director of the company concerning economic crimes.
4. Share Transaction and Progress Analysis of Organized Entity:
(A) Share transactions of this company in the securities market are conducted according to open market principles.
(B) Share's maximum, minimum, closing price, number of trading days, and number of traded shares during this quarter period:
Maximum Price Rs. 371
Minimum Price Rs. 259।50
Closing Price Rs. 682।90
Trading Days 62
Traded Share Quantity 8,864,474 Units
5. Problems and Challenges:
Cement manufacturing industries in Nepal face overcapacity issues relative to demand, leading to high price competition. Increases in the prices of diesel and petroleum products over a long period have impacted production costs due to higher raw material and freight charges. To make the company's products effective among general customers in the market, maintain current market share, and capture additional market share, policies have been adopted to expand free technical services post-sale, enhance human resource efficiency, maintain lean management, and adopt cost-frugality.
6. Corporate Governance:
To enhance corporate governance, manage the company's management and internal control systems, make internal audit operations more effective, and streamline transactions to make them prompt and efficient, the company is operated in compliance with policies and directives issued by regulators under applicable acts, laws, and rules.
7. Declaration by the Managing Director Regarding Truthfulness of Data:
I personally take responsibility for the accuracy of the information and details mentioned in this report. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, factual, and complete. No details or information necessary for investors to make informed decisions have been hidden from this disclosure.