What we do Shree Cement Ltd is a leading Indian cement producer operating primarily in Northern and Eastern India, with a manufacturing capacity of 56.4 MTPA and power generation of 1085 MW. |
Founded in 1,979 |
Market share One of the largest cement producers in Rajasthan and Northern India, recognized for operational efficiency and cost leadership. |
Problem solved Provides construction materials essential for infrastructure, housing, and commercial development, ensuring quality and sustainability. |
Top clients or who we serve Serves B2B and B2C sectors including construction companies, infrastructure developers, retailers, and government projects. |
Key management Hari M Bangur (Chairman), Prashant Bangur (Vice Chairman), Neeraj Akhoury (Managing Director) |
Our journey and innovations Established in 1979, consistently expanded capacity through acquisitions and greenfield units, innovated with alternative fuels and green energy adoption. |
Where we operate India (North, East, Central regions) and UAE through subsidiaries. |
Top products or what we offer Premium cement brands including Shree Ultra Jung Rodhak, Bangur Cement, Rockstrong Cement, and Ready Mix Concrete (RMC). |
Top brands Shree Ultra Jung Rodhak Cement - premium legacy brand; Bangur Cement - strong regional presence; Rockstrong Cement - high performance; Bangur Marble - premium slag cement. |
Raw materials needed Limestone, gypsum, coal, petcoke, alternative fuels, fly ash, blast furnace slag. |
Raw materials supplier Sourced through diversified suppliers and captive mines, including recently acquired limestone deposits. |
Recurring vs cyclical contribution Revenue primarily recurring from continuous cement sales; some cyclical demand due to infrastructure cycles. |
Our industry position Cost-efficient leader with strong market position, extensive capacity among top Indian cement firms. |
Financial highlights FY 2024-25 consolidated revenue Rs. 19,283 Cr; PAT Rs. 1123 Cr; EBITDA Rs. 4,414 Cr; ongoing capacity expansions. |
Geographical revenue split ~92% revenue from India, ~8% from international markets (UAE). |
Order book - |
Whats driving growth Infrastructure spending, urbanization, premium product focus, aggressive capacity expansion, green energy adoption. |
Our future plans Commissioning new integrated plants, capacity upgrades at several locations, expansion in Ready Mix Concrete business. |
Our green promise Leadership in renewable energy use (56% green energy), waste heat recovery, alternative fuels, water conservation, carbon emission targets. |
Our people and values 7,000+ employees, strong focus on talent development, diversity with 25% women hires, recognized as a Great Place to Work. |
Key challenges ahead Managing fuel price volatility, regulatory climate risks, competition, and sustaining growth amid overcapacity. |
Interesting facts First Indian cement company to join 24/7 Carbon-Free Climate Coalition; awarded leadership in water security ratings. |
Risks and strategy Mitigates climate risks via renewables; counters market slowdown through premium products; succession planning for leadership continuity. |
