Andhra Cements Limited

This company manufactures and sells various types of cement and is expanding its production capacity.

1936 | Guntur, Andhra Pradesh (India) | Active
Last Updated:

Andhra Cements Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 92.17 Cr
  • Company Age 88 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 890.00 Cr
  • Satisfied Charges ₹ 3,364.15 Cr
  • Revenue Growth -21.85%
  • Profit Growth 501.87%
  • Ebitda 15.25%
  • Net Worth 138.76%
  • Total Assets 5.32%

About Andhra Cements

Andhra Cements Limited (ACL) was founded in India on 01 November 1936 and has a glorious history of 88 years and four months.Its registered office is in Guntur, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532141 and on the National Stock Exchange(NSE) under ANDHRACEMT.

The Corporate was formerly known as The Andhra Cement Company Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 92.17 Cr.

The company currently has active open charges totaling ₹890.00 Cr. The company has closed loans amounting to ₹3,364.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Andhra Cements Limited India are Gutti Rao as COMPANY SECRETARY and Kolluru Prasad as Cfo. Rachana Sammidi, Kalidindi Raju, Valliyur Ramakrishnan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26942AP1936PLC002379

  • Company No.

    002379

  • Stock Symbol

    BSE : 532141 NSE : ANDHRACEMT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 1936

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing
Energy and Power

Who are the key members and board of directors at Andhra Cements?

Executive Team (3)

NameDesignationAppointment DateStatus
Kolluru Prasad Country flag representing In CFO26-May-2023Current
Gutti Rao Country flag representing In Company Secretary02-Nov-2006Current
Anand Sammidi Country flag representing In Managing Director07-Mar-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Sreekanth Sammidi Country flag representing In Director 07-Mar-2023Current
Rajagopal Ravichandran Country flag representing In Director 14-Apr-2023Current
Rachana Sammidi Country flag representing In Director 07-Mar-2023Current
Kalidindi Raju Country flag representing In Director 23-Mar-2023Current
Valliyur Ramakrishnan Country flag representing In Director 05-Jun-2023Current
Rekha Onteddu Country flag representing In Director 23-Mar-2023Current

Financial Performance of Andhra Cements.

Andhra Cements Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.85% decrease. The company also saw a substantial improvement in profitability, with a 501.87% increase in profit. The company's net worth Soared by an impressive increase of 138.76%.

Andhra Cements revenue growth over time
Andhra Cements profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.85%
Revenue from Operations
Total Assets
5.32%
Profit or Loss
501.87%
Net Worth
138.76%
EBITDA
15.25%

What is the Ownership and Shareholding Structure of Andhra Cements?

In 2023, Andhra Cements had a promoter holding of 95.00% and a public holding of 4.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹890.00 Cr

Satisfied Charges

₹3,364.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 695.00 Cr
  • Yes Bank Limited : 195.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2024Yes Bank Limited₹195.00 CrOpen
09 Mar 2023Others₹695.00 CrOpen
12 Sep 2018Others₹22.00 CrSatisfied
22 Aug 2016Others₹15.00 CrSatisfied
19 Feb 2015Others₹404.00 CrSatisfied

How Many Employees Work at Andhra Cements?

Andhra Cements has a workforce of 154 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Andhra Cements Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Cements, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Andhra Cements's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Andhra Cements

Recent activity within the organization

  • Charges

    A charge registered on 28 Aug 2014 via Charge ID 10521592 with The Karur Vysya Bank Limited was fully satisfied on 17 Oct 2024.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 195.00 Cr with Charge ID 100986951 was registered on 11 Oct 2024.

  • Annual General Meeting

    Andhra Cements Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 695.00 Cr registered on 09 Mar 2023 with Charge ID 100698033 was modified on 05 Jun 2024.

  • Balance Sheet

    Andhra Cements Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Valliyur Hariharan Ramakrishnan was appointed as a Director was appointed as a Director on 05 Jun 2023 & has been associated with this company since 1 year 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Andhra Cements Limited?

    Andhra Cements Limited was incorporated on 01 Nov 1936.

  • What is authorized share capital and paid-up capital of Andhra Cements Limited?

    The authorized share capital of Andhra Cements Limited is ₹ 500.00 Cr and paid-up capital is ₹ 92.17 Cr.

  • Who are the current board members & directors of Andhra Cements Limited?

    Currently 9 directors are associated with Andhra Cements Limited.

    • Gutti Tirupathi Rao Rao
    • Kolluru Prasad
    • Rachana Sammidi
    • Kalidindi Venkata Vishnu Raju
    • Valliyur Hariharan Ramakrishnan
    • Sreekanth Reddy Sammidi
    • Anand Reddy Sammidi
    • Rajagopal Ravichandran
    • Rekha Onteddu

  • What is the registered address of Andhra Cements Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Cements Limited is Sri Durga Cement Works Durgapuram India, Guntur, Andhra Pradesh, 522414.

  • What is the corporate identification number (CIN) and company number of Andhra Cements Limited?

    The corporate identification number (CIN) of Andhra Cements Limited is L26942AP1936PLC002379 and the company number is 002379 as per Ministry of Corporate Affairs (MCA).

  • Is Andhra Cements Limited registered with any stock exchange in India?

    Yes, Andhra Cements Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ANDHRACEMT.

  • What is the official website of Andhra Cements Limited?

    The Official website of Andhra Cements Limited is https://www.andhracements.com

  • What has been the recent revenue trend for Andhra Cements Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Cements Limited has fallen by -21.85%.

  • How many employees does Andhra Cements Limited currently have?

    As Per 2023 financial reports, 154 employees are currently employed by Andhra Cements Limited.

  • What change has been observed in the net worth of Andhra Cements Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Cements Limited has experienced an upsurge of 138.76%.

  • What are the total open charges for Andhra Cements Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Andhra Cements Limited amount to ₹ 890.00 Cr.

  • When was the last Balance Sheet of Andhra Cements Limited filed with the ROC?

    The most recent Balance Sheet for Andhra Cements Limited was filed with the ROC on 31 Mar 2024.

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