What we do Keerthi Industries Ltd produces and sells cement and clinker, primarily operating a cement plant in Andhra Pradesh, India. |
Founded in 1,982 |
Market share Key regional player in Andhra Pradesh cement market with limited presence in Tamil Nadu and Karnataka. |
Problem solved Provides construction-grade cement catering to infrastructure, housing, and industrial needs in South India. |
Top clients or who we serve Builders, infrastructure developers, and regional distributors mainly in Andhra Pradesh; B2B and B2C segments. |
Key management Mrs. J. Triveni (Executive Chairperson), Mr. J. S. Rao (Managing Director). |
Our journey and innovations Established in 1982, capacity expanded multiple times; added clean energy with wind power and waste heat recovery systems. |
Where we operate Primarily Andhra Pradesh; exports minimal quantities to Malaysia and other international markets. |
Top products or what we offer Ordinary Portland Cement (OPC) and Portland Pozzolona Cement (PPC) under the brand 'Suvarna Cement'. |
Top brands Suvarna Cement - regional brand with focus on quality and affordability. |
Raw materials needed Limestone, gypsum, coal, and other raw minerals used for cement production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, tied to construction and infrastructure cycles. |
Our industry position Moderate regional presence with increasing competition; focus on south Indian markets. |
Financial highlights FY 2024-25 Revenue Rs.119.74 crore; Net loss Rs.22.77 crore; lower revenue due to production decline. |
Geographical revenue split Within India contributes about 99%, minimal export revenue from Malaysia and other countries. |
Order book - |
Whats driving growth Infrastructure demand in Andhra Pradesh, production capacity improvements, and electronics division growth. |
Our future plans Focus on operational efficiency, expanding electronics segment, exploring sustainable energy projects. |
Our green promise Uses wind power and waste heat recovery to reduce carbon footprint; committed to energy conservation. |
Our people and values Committed workforce with focus on safety, training, and ethical conduct. |
Key challenges ahead Market competition, operational losses, regulatory compliance, and raw material price volatility. |
Interesting facts First cement producer in region with WHRS and wind power integration. |
Risks and strategy Addressing losses through diversification, cost control, and leveraging regional market strengths. |