# RSML vs SHIVM

[RSML](https://nepse.link/stocks/RSML) (Reliance Spinning Mills Limited) and [SHIVM](https://nepse.link/stocks/SHIVM) (Shivam Cements Limited) are two of the most traded Manufacturing And Processing stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

RSML is ahead of SHIVM on 3 of the 4 measures below. None of this is a recommendation; it is what the latest numbers say. RSML is the bigger company by market value (Rs 5,071.10 crore), 1.3 times SHIVM (Rs 3,831.36 crore).

## Which is ahead on each measure

- RSML is cheaper on P/E (42.4 against 135.6 for SHIVM).
- SHIVM is cheaper on price to book (3.6 against 5.5 for RSML).
- RSML declared the bigger latest dividend (30.00% for 082/083).
- RSML earns more on its equity (ROE 13.11% against 2.66%).

## RSML and SHIVM side by side

| Measure | RSML | SHIVM |
| --- | --- | --- |
| Last close | Rs 2,669.00 | Rs 685.00 |
| Change, 1 month | -0.63% | +2.09% |
| Change, 1 year | – | +16.78% |
| EPS | Rs 62.97 | Rs 5.05 |
| P/E | 42.4 | 135.6 |
| Book value per share | Rs 489.53 | Rs 190.30 |
| Price to book | 5.45 | 3.60 |
| ROE | 13.11% | 2.66% |
| Net profit growth, same quarter last year | – | -66.3% |
| Latest dividend | 30.00% (082/083) | 12.50% (081/082) |
| Market value | Rs 5,071.10 crore | Rs 3,831.36 crore |
| Average daily turnover, 30 days | Rs 10.63 crore | Rs 11.33 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.13 (1 means they move in step, 0 means unrelated). That is low: their prices mostly move independently.

## More Manufacturing And Processing comparisons

- [GCIL vs RSML](https://nepse.link/stocks/compare/GCIL-vs-RSML)
- [GCIL vs SHIVM](https://nepse.link/stocks/compare/GCIL-vs-SHIVM)
- [HDL vs RSML](https://nepse.link/stocks/compare/HDL-vs-RSML)
- [HDL vs SHIVM](https://nepse.link/stocks/compare/HDL-vs-SHIVM)
- [RSML vs SONA](https://nepse.link/stocks/compare/RSML-vs-SONA)
- [SHIVM vs SONA](https://nepse.link/stocks/compare/SHIVM-vs-SONA)
- [Every Manufacturing And Processing stock](https://nepse.link/stocks/sector/manufacturing-and-processing)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.