India Cements Ltd

India Cements Ltd

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
FINANCIALS
NEWS

About

India Cements Limited was acquired by Aditya Birla Group’s flagship company, UltraTech Cement Limited, in 2024. India Cements was founded in 1946 by S. N. N. Sankaralinga Iyer and T. S. Narayanaswami in the Tirunelveli district in Tamil Nadu. The company grew from a 1.3 million tonne cement production capacity to a 14.45 million tonnes per annum capacity through 8 cement plants in Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan, and one grinding unit in Tamil Nadu. Its products are sold under Conkrete Super Kings, Coromandel King, Sankar Super Power, Raasi Gold, Halo Super Kings, and the Coromandel SRPC for its specialty cements. India Cements also exports these products to countries like Seychelles, Sri Lanka, Nepal, Bangladesh, and Myanmar.

Incorporation Year: 1946
Headquarters: Chennai
Top Management: Suresh Patil
Industry: Cement

Featured In Fortune India Ranking

Fortune 500 India
#408(2024)
#350(2023)
#333(2022)
#292(2021)
#246(2020)
#250(2019)
#256(2018)
#235(2017)
#238(2016)
#228(2015)
#215(2014)
#209(2013)
#205(2012)
#222(2011)
#175(2010)
#408(2024)#350(2023)#333(2022)#292(2021)#246(2020)#250(2019)#256(2018)#235(2017)#238(2016)#228(2015)#215(2014)#209(2013)#205(2012)#222(2011)#175(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
5,177
(INR Cr)
Net Operating Income
5,112
(INR Cr)
Assets
8,871
(INR Cr)
Profit
-227
(INR Cr)
Net Worth
5,143
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
5177
-12.0%
5884
19.8%
4911
9.8%
4474
-14.8%
5253
-9.9%
5831
10.8%
5263
1.2%
5200
5.8%
4916
-2.8%
5058
-1.5%
5134
-1.6%
5217
12.2%
4651
26.4%
3679
-6.4%
3930
10.2%
3565
-
Net Operating Income
(INR Cr)
5112
-8.84%
5608
15.43%
4858
7.71%
4511
-13.03%
5186
-10.12%
5770
9.56%
5267
2.03%
5163
5.73%
4883
-3.52%
5060
-0.48%
5085
-1.45%
5159
11.41%
4631
27.85%
3622
-3.28%
3745
9.22%
3429
12.59%
Profit
(INR Cr)
-227
-
-127
-
78
-62.1%
207
312.2%
50
138.2%
21
-67.6%
65
-60.8%
166
42.3%
117
-
-3
-
-243
-
188
-30.7%
271
305.7%
67
-81.0%
352
-16.7%
422
-
Assets
(INR Cr)
8871
-6.6%
9496
-4.4%
9930
9.3%
9083
-3.2%
9381
5.1%
8923
2.8%
8683
2.2%
8500
-1.4%
8616
22.3%
7046
-5.2%
7434
-1.6%
7556
4.5%
7232
3.6%
6981
10.0%
6347
14.9%
5526
-
Net Worth
(INR Cr)
5143
-3.6%
5337
-3.0%
5504
1.0%
5448
-0.9%
5498
4.8%
5246
-0.4%
5269
1.8%
5175
2.5%
5050
64.1%
3077
-7.1%
3313
-6.9%
3560
3.2%
3451
0.3%
3442
0.1%
3438
19.9%
2868
14.3%
Employee Cost
(INR Cr)
378
4.4%
362
8.3%
334
3.5%
323
-8.7%
353
-1.5%
359
-9.0%
394
8.1%
365
1.5%
359
3.2%
348
-7.7%
377
9.3%
345
12.7%
306
17.5%
260
2.7%
254
24.8%
203
-
Interest Cost
(INR Cr)
244242198271343350365380440478411369333153143112
Cash & Bank Balance
(INR Cr)
846546404349543836771012517788
Total Debt
(INR Cr)
2618294530913041358233443197310032963502349833163035273623011989

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues --1.6%4.6%1.0%0.4%1.2%3.2%2.4%--3.6%5.8%1.8%9.0%11.9%
Profit As % Of Assets --0.8%2.3%0.5%0.2%0.8%2.0%1.4%--2.5%3.8%1.0%5.5%7.6%
Profit As % Of Networth --1.4%3.8%0.9%0.4%1.2%3.2%2.3%--5.3%7.9%1.9%10.2%14.7%
Interest Cost to EBITDA % 246.1%-40.8%34.4%59.1%56.0%51.5%42.8%50.6%62.7%88.4%39.4%35.4%35.0%19.5%13.3%
Debt to Equity Ratio 0.510.550.560.560.650.640.610.600.651.141.060.930.880.790.670.69
RONW --1.2%3.8%1.2%0.5%1.4%3.1%2.9%--5.1%7.5%1.1%11.0%18.0%
ROCE -0.8%-3.6%3.1%6.4%4.2%4.7%5.3%7.4%7.9%7.0%4.6%9.2%10.4%3.4%12.6%18.4%