What we do Shiva Cement Ltd manufactures and sells cement, clinker, and limestone chips, focusing on Portland Slag Cement production in Odisha and neighboring states. |
Founded in 1,985 |
Market share Operates mainly in cement-supply-deficit regions including Odisha, West Bengal, Jharkhand, and Bihar with captive limestone mines ensuring raw material availability. |
Problem solved Addresses cement supply shortages in eastern India with cost-effective, environment-friendly Portland Slag Cement products. |
Top clients or who we serve Serves construction and sponge iron industries, regional markets in Eastern India, primarily B2B. |
Key management - |
Our journey and innovations Incorporated in 1985, partnered with ACC in 2007 for marketing and expansion; commissioned new clinker plant and waste heat recovery system recently. |
Where we operate India, mainly Odisha, West Bengal, Jharkhand, and Bihar states. |
Top products or what we offer Portland Slag Cement (PSC), clinker, limestone chips for industrial use. |
Top brands Markets cement under ACC brand since 2007; previously Sumangal brand. |
Raw materials needed Limestone, slag, other raw materials for cement production. |
Raw materials supplier Own captive limestone mines in Odisha. |
Recurring vs cyclical contribution Revenue mainly cyclical, linked to construction demand cycles. |
Our industry position Key regional player in Eastern India with modern infrastructure and expansion plans. |
Financial highlights FY 2024-25 revenue Rs 311.17 crore; net loss of Rs 142.48 crore due to expansion costs and finance charges. |
Geographical revenue split Primarily Eastern Indian states - Odisha, West Bengal, Jharkhand, Bihar. |
Order book - |
Whats driving growth Expansion of grinding capacity, new clinker plant commissioning, waste heat recovery deployment, and regional market demand. |
Our future plans Phase I expansion to increase capacity to 1 million tons; ongoing projects to enhance plant output and efficiency. |
Our green promise Focus on environment-friendly PSC production and waste heat recovery system to reduce emissions. |
Our people and values Strong employee support with participatory management; emphasis on governance and compliance. |
Key challenges ahead Financial losses, debt servicing, and competitive industry dynamics amid expansion. |
Interesting facts Alliance with ACC since 2007, captive limestone mines ensure quality raw material supply. |
Risks and strategy Managing high finance costs and operational expansion risks with robust internal controls and strategic partnerships. |
