Our resolute focus is to double our capacity every 10 years and we have stayed committed to this focus since our inception. When we commenced operations in mid-1980s, we were a 200 TPD (Tonnes per day) cement manufacturer. Since then, we have grown consistently in both capacity and capability and currently operate a capacity of 5.75 MTPA in 2020. Going forward, we plan to reach a capacity of 10 MTPA by 2025 through organic and inorganic growth.
Performing across relevant material matters
Business growth
Revenue
Manufacturing presence
Marketing presence
Return on investment
Dividend
Interest payments
Market capitalisation
Distribution presence
Distributors
New distributors added
Transport and logistics
Average lead distance
Road accidents
Key categories of risk associated
Strategic, financial, operational, and legal and compliance
Satguru Cement, plant (under construction)
Current growth projects
To address the rising demand from the eastern markets, we have acquired a majority stake in Satguru Cement Private Limited and entire equity stake in Jajpur Cements Private Limited. Through these acquisitions, we plan to set up a greenfield integrated cement plant and a grinding unit in Madhya Pradesh and Odisha, respectively. We expect the completion of these projects by September 2021.
Key facts and updates
Satguru Cement Private Limited
Capacity
1 MTPA
Acquired on
8th May 2019
SCL stake
65%
Project cost (` Lakhs)
48,800
Financial closure
Indus Ind Bank
Tenure of the loan
12 years
Approvals
In place
Status of orders
Completed
Jajpur Cements Private Limited
Capacity
1.5 MTPA
(Cement Grinding)
Acquired on
2nd May 2019
SCL stake
100%
Project cost (` Lakhs)
31,200
Financial closure
Axis Bank
Tenure of the loan
12 years
Approvals
In place
Status of orders
Completed
Potential markets
Satguru Cement Private Limited
West Madhya Pradesh
Maharashtra
South-East Rajasthan
East Gujarat
Jajpur Cements Private Limited
Southern Jharkhand
Southern West Bengal
North and Central Odisha