What we do India Cements Capital Ltd is an RBI-authorized financial services company engaged in foreign exchange dealing, forex advisory, and money remittance services, backed by the India Cements group. |
Founded in 1,991 |
Market share Prominent player in forex and investment services within India, backed by a strong parent group. |
Problem solved Facilitates retail and corporate foreign exchange needs, overseas remittances, and capital market access for clients. |
Top clients or who we serve Serves retail individuals, corporates, and educational/medical remittance customers in India. |
Key management Mr. K. Suresh, CEO and CFO, has significant experience in financial management and operations. |
Our journey and innovations Started as Aruna Sugars Finance, rebranded and expanded services including NSE membership and merchant banking application. |
Where we operate Primarily India including Chennai, Mumbai, Bangalore, Cochin, Delhi, and other major cities. |
Top products or what we offer Foreign exchange sales and purchases, outward remittances, forex advisory, capital market services. |
Top brands India Cements Capital, Aruna Securities (subsidiary NSE membership), India Cements Investment Services Limited (subsidiary). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring from forex operations and broking services; sensitive to market volatility. |
Our industry position Well-established in forex services sector with growing capital market presence through subsidiaries. |
Financial highlights FY25 Revenue approx. INR 297.6 crores; Profit after tax INR 5.3 crores; slight decline compared to previous year. |
Geographical revenue split Revenue primarily from Indian domestic markets across multiple metropolitan regions. |
Order book - |
Whats driving growth Growth driven by forex demand, capital market activity, and diversification into merchant banking. |
Our future plans Seeking SEBI approval as Category-I merchant banker to expand underwriting and portfolio management. |
Our green promise - |
Our people and values Committed workforce with focus on compliance, ethics, and customer service. |
Key challenges ahead Market volatility affecting turnover; competition in financial services sector; regulatory approvals pending. |
Interesting facts Fixed deposit program rated FAA by CRISIL; commercial paper rated P1+ by CRISIL. |
Risks and strategy Mitigates forex market risks via sound internal controls; strategic expansion into merchant banking to diversify revenue. |
