Shivalaya Construction IPO Review & Recommendations

Shivalaya Construction IPO Peer Comparison

Shivalaya Construction Ltd. peer comparison with similar listed entities. (As on March 31, 2025)

Notes:

1. The financial information for listed industry peers mentioned above is sourced from the annual reports available of the respective company for the financial year ended March 31, 2025, submitted to the Stock Exchanges.
2. Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
3. Return on Net Worth for equity shareholders (%) (RONW) = Profit for the year divided by average net worth. Net worth means equity share capital plus other equity.
4. For listed peers, NAV is computed as equity attributable to owners (total equity) divided by the number of equity shares outstanding at the end of the year.
5. P/E Ratio has been computed based on the closing market price of equity shares on BSE on September 2, 2025, divided by the Diluted EPS provided.