What we do Saurashtra Cement Ltd manufactures and sells cement and paints, focusing on superior products and operational efficiency primarily in Gujarat, India. |
Founded in 1,956 |
Market share Holds about 23% market share in Gujarat's cement industry, reflecting strong regional presence. |
Problem solved Addresses construction material needs with quality cement and paints, enabling durable infrastructure development. |
Top clients or who we serve Serves B2B and B2C segments including construction companies, retailers, and end consumers in domestic and select export markets. |
Key management Jay M. Mehta serves as Executive Chairman since August 2024; M.N. Mehta is Chairman Emeritus. |
Our journey and innovations Emerged from BIFR turnaround, expanded capacity, acquired paint business, launched new product lines like 'Hathi Prime' and digital transformation. |
Where we operate Primarily in Gujarat, with sales in other Indian states and minimal exports internationally. |
Top products or what we offer Flagship cement products including 'Hathi Prime' PPC and paints like Economy Emulsion, OutWeather, SnowCoat. |
Top brands Key brands: Hathi Prime (superior PPC cement), Hathi Putty, OutWeather, SnowCoat, PermaCem. |
Raw materials needed Limestone and other minerals for cement; chemicals and pigments for paints. |
Raw materials supplier Sources raw materials from owned limestone mines and trusted suppliers in the region. |
Recurring vs cyclical contribution Revenue is cyclical, tied closely to construction industry cycles and economic demand. |
Our industry position Strong regional cement market leader in Gujarat; emerging player in paints segment with growing market share. |
Financial highlights FY 2024-25 revenue at Rs 1537.62 crores; net profit Rs 6.98 crore reflecting margin pressure and market challenges. |
Geographical revenue split Majority revenue from domestic markets (Rs 1537.53 crores); negligible export revenue. |
Order book - |
Whats driving growth Growth driven by brand expansion in paints, operational efficiency improvements, product innovation, and digital initiatives. |
Our future plans Capacity upgrades, product portfolio expansion, further digital transformation, and sustainability initiatives. |
Our green promise Increased use of renewable energy and fuel-efficient processes to reduce carbon footprint. |
Our people and values Employs 809 permanent staff supporting a culture of ethics, diversity, and compliance. |
Key challenges ahead Industry overcapacity, price competition, labor shortages, and raw material cost volatility. |
Interesting facts First company turned around from BIFR without rehabilitation package; part of Mehta Group with global presence. |
Risks and strategy Mitigates risks through operational modernization, market diversification, strong corporate governance, and cost controls. |
