Sarvottam Cement posts Rs 2 billion in quarterly sales, expands production capacity

Kathmandu: Sarvottam Cement recorded sales of Rs 1.98 billion in the first three months of the current fiscal year, maintaining strong momentum in Nepal’s construction materials market. The company reported a net profit of Rs 324 million during the same period, compared to Rs 1.028 billion in net profit for the previous fiscal year.

In the last fiscal year, Sarvottam Cement generated total revenue of Rs 9.54 billion. Its annual revenues stood at Rs 6.42 billion in 2024, Rs 5.39 billion in 2023, and Rs 7.89 billion in 2022, reflecting fluctuations in demand and market conditions over recent years.

Established in 2010 and converted into a public company in 2019, Sarvottam Cement produces and markets clinker and cement products. The company initially built its plant with an annual production capacity of 400,000 metric tons of cement. It has since expanded significantly and now produces 1 million metric tons of clinker and grinding cement annually.

Operated under the Saurabh Group, the company manufactures both OPC (Ordinary Portland Cement) and PPC (Portland Pozzolana Cement) under the Sarvottam brand. It functions as a subsidiary of Sarvottam Holdings Pvt. Ltd., which runs three grinding units across different locations in Nepal and also owns two mining companies.

Together, the cement and holding companies posted combined revenue of Rs 14.87 billion in the last fiscal year. The holding group reported revenues of Rs 6.44 billion in 2024, Rs 5.41 billion in 2023, and Rs 9.20 billion in 2022. Net profit for the holding group reached Rs 1.314 billion in the previous fiscal year, marking a 131 percent increase in earnings, largely driven by the acquisition of additional grinding cement units in various locations.

Sarvottam Cement has secured credit ratings covering Rs 6.16 billion in long-term and short-term borrowings. Of this, Rs 91.7 million relates to long-term loans, while Rs 6.07 billion has been rated under short-term credit facilities, reflecting the company’s ongoing expansion and operational financing needs.