Shree Cement Ltd - Company Profile
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Shree Cement Ltd (Shree Cement) is a manufacturer of building materials. It produces and supplies cement and power. The company offers cement under various brand names such as Shree Jung Rodhak, Bangur Cement, Rockstrong, Bangur Power, and Roofon. Shree Cement owns and operates cement grinding units in Suratgarh, Bulandshahr, Khushkhera, Roorkee, Panipat, Aurangabad, Saraikela, Cuttack, and Jaipur. The company markets cement through dealers, retailers, and sales offices. It owns cement production facilities in Rajasthan, Chhattisgarh, and Karnataka. The company carries out power generation through waste heat recovery plants. The company, through its subsidiary, has operations in India and the United Arab Emirates. Shree Cement is headquartered in Kolkata, West Bengal, India.
Headquarters
India
Address
21 Strand Road, Kolkata, West Bengal, 700001
Website
www.shreecement.com
Telephone
91 33 22209601
No of Employees
6,451
Industry
Construction
Ticker Symbol & Exchange
SHREECEM (NSE)
Revenue (2022)
$2.3B
18.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-45.5%
(2022 vs 2021)
Market Cap*
$10.4B
Net Profit Margin (2022)
XYZ
-54.2%
(2022 vs 2021)
* As of and is in US$
Shree Cement Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Clinker | Power Distribution | Rockstrong |
| Cement | Power Generation and Transmission | Shree Ultra Jung Rodhak |
| Bangur Cement | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company awarded Roofsol Energy Pvt. Ltd. a contract to develop solar projects with a capacity of 10.5 MWp. |
| 2024 | Contracts/Agreements | In March, the company signed an agreement with StarCrete LLP to acquire five operational RMC plants. |
| 2023 | Commercial Operation | In July, Shree Cement East started commercial production at its Clinker Grinding Unit at Village Digha and Parbatpur, in Purulia, West Bengal, India. |
Competitor Comparison
| Key Parameters | Shree Cement Ltd | UltraTech Cement Ltd | Ambuja Cements Ltd | Adani Power Ltd | Rain Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Kolkata | Mumbai | Mumbai | Ahmedabad | Hyderabad |
| State/Province | West Bengal | Maharashtra | Maharashtra | Gujarat | Telangana |
| No. of Employees | 6,451 | 22,916 | 4,361 | 2,805 | 2,508 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hari Mohan Bangur | Chairman | Executive Board | 2022 | 70 |
| Prashant Bangur | Vice Chairman | Executive Board | 2022 | - |
| Ramanujan Krishnakumar | Managing Director; Chief Executive Officer; Senior Vice President - Manufacturing; Director | Executive Board | 2023 | - |
| Neeraj Akhoury | Managing Director | Executive Board | 2022 | - |
| Subhash Jajoo | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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